Can I retire at age 42 with 1,780,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $1,780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$146,991$145,681$144,404$143,157$141,940$136,470
2 years$72,768$71,412$70,099$68,826$67,590$62,145
3 years$48,030$46,669$45,359$44,097$42,882$37,632
4 years$35,663$34,307$33,010$31,770$30,584$25,570
5 years$28,246$26,897$25,617$24,402$23,249$18,484
6 years$23,302$21,963$20,702$19,515$18,396$13,882
7 years$19,772$18,445$17,204$16,044$14,961$10,697
8 years$17,126$15,810$14,590$13,459$12,412$8,394
9 years$15,069$13,766$12,566$11,464$10,453$6,675
10 years$13,424$12,134$10,956$9,882$8,906$5,362
11 years$12,079$10,802$9,645$8,600$7,660$4,341
12 years$10,960$9,695$8,560$7,544$6,638$3,535
13 years$10,013$8,762$7,648$6,660$5,788$2,893
14 years$9,202$7,964$6,871$5,912$5,074$2,377
15 years$8,500$7,275$6,204$5,272$4,467$1,959
16 years$7,886$6,675$5,625$4,721$3,948$1,618
17 years$7,345$6,148$5,118$4,242$3,501$1,340
18 years$6,865$5,681$4,672$3,823$3,113$1,111
19 years$6,436$5,265$4,277$3,454$2,774$923
20 years$6,050$4,892$3,926$3,128$2,478$767
21 years$5,701$4,557$3,611$2,839$2,218$639
22 years$5,384$4,254$3,328$2,581$1,988$532
23 years$5,096$3,978$3,073$2,351$1,784$443
24 years$4,832$3,728$2,842$2,144$1,604$370
25 years$4,589$3,498$2,632$1,958$1,443$308
26 years$4,366$3,288$2,441$1,790$1,300$257
27 years$4,159$3,094$2,267$1,639$1,172$215
28 years$3,967$2,916$2,107$1,502$1,058$179
29 years$3,789$2,750$1,961$1,377$955$150
30 years$3,623$2,598$1,827$1,264$863$125
31 years$3,468$2,456$1,703$1,161$780$105
32 years$3,324$2,323$1,589$1,067$706$87
33 years$3,188$2,200$1,483$981$639$73
34 years$3,060$2,085$1,386$902$578$61
35 years$2,940$1,978$1,296$831$524$51
36 years$2,827$1,877$1,212$765$475$43
37 years$2,720$1,783$1,135$705$430$36
38 years$2,619$1,695$1,063$650$390$30
39 years$2,524$1,611$995$599$354$25
40 years$2,434$1,533$933$553$321$21
41 years$2,348$1,459$875$510$291$17
42 years$2,266$1,390$821$471$264$15
43 years$2,189$1,324$770$434$240$12
44 years$2,115$1,262$723$401$217$10
45 years$2,045$1,204$679$370$197$9
46 years$1,978$1,148$638$342$179$7
47 years$1,914$1,096$599$316$163$6
48 years$1,852$1,046$563$292$148$5
49 years$1,794$999$529$270$134$4
50 years$1,738$954$497$250$122$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $1,780,000, adding $4,792 every year, while hoping to spend $49,092 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 54/33/13 Blend
41$1,780,000$1,780,000$1,780,000$1,780,000
42$1,966,503$1,872,163$1,844,573$2,065,767
43$2,114,853$1,911,665$1,854,133$2,173,329
44$2,276,689$1,951,458$1,862,367$2,284,640
45$2,453,335$1,991,504$1,869,180$2,404,665
46$2,646,249$2,031,761$1,874,471$2,534,243
47$2,857,033$2,072,184$1,878,134$2,674,299
48$3,087,456$2,112,726$1,880,056$2,825,852
49$3,339,460$2,153,333$1,880,121$2,990,026
50$3,615,186$2,193,948$1,878,207$3,168,057
51$3,916,992$2,234,509$1,874,184$3,361,311
52$4,247,474$2,274,949$1,867,918$3,571,291
53$4,609,490$2,315,195$1,859,267$3,799,653
54$5,006,188$2,355,169$1,848,082$4,048,225
55$5,441,035$2,394,788$1,834,208$4,319,020
56$5,917,849$2,433,961$1,817,483$4,614,256
57$6,440,835$2,472,591$1,797,734$4,936,380
58$7,014,627$2,510,574$1,774,785$5,288,089
59$7,644,324$2,547,798$1,748,446$5,672,355
60$8,335,549$2,584,144$1,718,522$6,092,454
61$9,094,491$2,619,482$1,684,809$6,552,000
62$9,927,969$2,653,677$1,647,090$7,054,973
63$10,843,497$2,686,582$1,605,142$7,605,764
64$11,849,348$2,718,039$1,558,729$8,209,211
65$12,954,641$2,747,882$1,507,606$8,870,650
66$14,169,418$2,775,933$1,451,514$9,595,959
67$15,504,745$2,801,999$1,390,186$10,391,623
68$16,972,811$2,825,880$1,323,340$11,264,788
69$18,587,048$2,847,358$1,250,682$12,223,331
70$20,362,251$2,866,203$1,171,904$13,275,937
71$22,314,724$2,882,170$1,086,686$14,432,180
72$24,462,429$2,894,999$994,693$15,702,613
73$26,825,154$2,904,412$895,573$17,098,871
74$29,424,706$2,910,114$788,960$18,633,778
75$32,285,109$2,911,792$674,473$20,321,470
76$35,432,833$2,909,114$551,712$22,177,533
77$38,897,047$2,901,725$420,259$24,219,145
78$42,709,888$2,889,252$279,680$26,465,242
79$46,906,767$2,871,296$129,519$28,936,698
80$51,526,702$2,847,434$0$31,656,523
81$56,612,688$2,817,220$0$34,654,343
82$62,212,097$2,780,179$0$37,973,303
83$68,377,130$2,735,807$0$41,626,307
84$75,165,308$2,683,572$0$45,647,399
85$82,640,012$2,622,910$0$50,074,102
86$90,871,083$2,553,223$0$54,947,768
87$99,935,480$2,473,877$0$60,313,976
88$109,918,005$2,384,202$0$66,222,955
89$120,912,104$2,283,491$0$72,730,070
90$133,020,748$2,170,992$0$79,896,336
91$146,357,407$2,045,913$0$87,789,001
92$161,047,113$1,907,413$0$96,482,179
93$177,227,649$1,754,607$0$106,057,553
94$195,050,842$1,586,556$0$116,605,149
95$214,683,999$1,402,268$0$128,224,183
96$236,311,484$1,200,696$0$141,024,004
97$260,136,459$980,733$0$155,125,125
98$286,382,799$741,211$0$170,660,366
99$315,297,207$480,892$0$187,776,105
100$347,151,540$198,474$0$206,633,668