Can I retire at age 42 with 1,790,000?

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 $1,790,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$147,817$146,500$145,215$143,961$142,737$137,074
2 years$73,176$71,814$70,493$69,212$67,970$62,335
3 years$48,300$46,931$45,614$44,345$43,123$37,693
4 years$35,864$34,499$33,195$31,948$30,756$25,572
5 years$28,404$27,048$25,761$24,539$23,380$18,456
6 years$23,433$22,087$20,818$19,624$18,500$13,839
7 years$19,883$18,548$17,300$16,134$15,045$10,646
8 years$17,222$15,899$14,672$13,534$12,482$8,339
9 years$15,153$13,843$12,637$11,528$10,511$6,619
10 years$13,500$12,202$11,017$9,938$8,956$5,307
11 years$12,147$10,863$9,699$8,649$7,703$4,287
12 years$11,021$9,750$8,608$7,586$6,675$3,485
13 years$10,069$8,811$7,691$6,697$5,821$2,846
14 years$9,254$8,009$6,910$5,945$5,102$2,333
15 years$8,548$7,316$6,239$5,302$4,492$1,919
16 years$7,930$6,713$5,656$4,747$3,970$1,582
17 years$7,386$6,182$5,147$4,265$3,520$1,307
18 years$6,903$5,713$4,699$3,844$3,130$1,081
19 years$6,472$5,294$4,301$3,473$2,790$896
20 years$6,084$4,920$3,948$3,146$2,492$743
21 years$5,733$4,583$3,631$2,855$2,230$617
22 years$5,415$4,278$3,347$2,596$1,999$513
23 years$5,125$4,001$3,090$2,364$1,794$426
24 years$4,859$3,748$2,858$2,156$1,613$355
25 years$4,615$3,518$2,647$1,969$1,451$295
26 years$4,390$3,306$2,455$1,801$1,307$246
27 years$4,182$3,111$2,279$1,648$1,179$205
28 years$3,990$2,932$2,119$1,510$1,064$170
29 years$3,810$2,766$1,972$1,385$960$142
30 years$3,644$2,612$1,837$1,271$868$118
31 years$3,488$2,469$1,712$1,167$785$99
32 years$3,342$2,336$1,598$1,073$710$82
33 years$3,206$2,213$1,492$986$642$69
34 years$3,077$2,097$1,394$908$581$57
35 years$2,957$1,989$1,303$835$527$48
36 years$2,843$1,888$1,219$769$477$40
37 years$2,736$1,793$1,141$709$432$33
38 years$2,634$1,704$1,069$653$392$28
39 years$2,538$1,620$1,001$602$356$23
40 years$2,447$1,542$938$556$323$19
41 years$2,361$1,468$880$513$293$16
42 years$2,279$1,398$825$473$265$13
43 years$2,201$1,332$774$437$241$11
44 years$2,127$1,269$727$403$219$9
45 years$2,056$1,210$683$372$199$8
46 years$1,989$1,155$641$344$180$6
47 years$1,924$1,102$602$318$164$5
48 years$1,863$1,052$566$294$149$4
49 years$1,804$1,005$532$271$135$4
50 years$1,748$960$500$251$123$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $1,790,000, adding $3,164 every year, while hoping to spend $47,880 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: 49/35/16 Blend
41$1,790,000$1,790,000$1,790,000$1,790,000
42$1,975,844$1,880,974$1,853,229$2,063,729
43$2,126,436$1,922,197$1,864,368$2,165,952
44$2,290,784$1,963,836$1,874,276$2,271,739
45$2,470,239$2,005,860$1,882,860$2,385,611
46$2,666,293$2,048,236$1,890,024$2,508,342
47$2,880,582$2,090,927$1,895,667$2,640,789
48$3,114,912$2,133,893$1,899,683$2,783,893
49$3,371,270$2,177,091$1,901,959$2,938,693
50$3,651,843$2,220,472$1,902,379$3,106,334
51$3,959,041$2,263,985$1,900,818$3,288,077
52$4,295,517$2,307,574$1,897,149$3,485,313
53$4,664,191$2,351,177$1,891,236$3,699,575
54$5,068,282$2,394,729$1,882,936$3,932,552
55$5,511,334$2,438,157$1,872,101$4,186,108
56$5,997,248$2,481,385$1,858,574$4,462,295
57$6,530,324$2,524,329$1,842,193$4,763,378
58$7,115,297$2,566,901$1,822,786$5,091,852
59$7,757,381$2,609,003$1,800,174$5,450,469
60$8,462,322$2,650,533$1,774,168$5,842,261
61$9,236,449$2,691,378$1,744,572$6,270,573
62$10,086,731$2,731,421$1,711,180$6,739,092
63$11,020,850$2,770,533$1,673,777$7,251,882
64$12,047,265$2,808,577$1,632,137$7,813,425
65$13,175,297$2,845,408$1,586,024$8,428,659
66$14,415,213$2,880,868$1,535,191$9,103,033
67$15,778,325$2,914,791$1,479,381$9,842,550
68$17,277,097$2,946,999$1,418,322$10,653,830
69$18,925,259$2,977,300$1,351,734$11,544,171
70$20,737,939$3,005,492$1,279,321$12,521,619
71$22,731,805$3,031,357$1,200,775$13,595,044
72$24,925,222$3,054,666$1,115,773$14,774,224
73$27,338,422$3,075,172$1,023,980$16,069,940
74$29,993,700$3,092,615$925,042$17,494,075
75$32,915,619$3,106,714$818,592$19,059,731
76$36,131,244$3,117,176$704,247$20,781,351
77$39,670,398$3,123,684$581,606$22,674,857
78$43,565,939$3,125,905$450,250$24,757,799
79$47,854,073$3,123,483$309,742$27,049,527
80$52,574,696$3,116,041$159,626$29,571,369
81$57,771,768$3,103,179$0$32,346,837
82$63,493,725$3,084,472$0$35,401,947
83$69,793,944$3,059,470$0$38,794,260
84$76,731,236$3,027,694$0$42,528,077
85$84,370,409$2,988,638$0$46,638,207
86$92,782,874$2,941,764$0$51,163,011
87$102,047,320$2,886,504$0$56,144,773
88$112,250,460$2,822,256$0$61,630,092
89$123,487,840$2,748,379$0$67,670,327
90$135,864,749$2,664,200$0$74,322,084
91$149,497,210$2,569,002$0$81,647,748
92$164,513,071$2,462,028$0$89,716,076
93$181,053,214$2,342,478$0$98,602,849
94$199,272,887$2,209,504$0$108,391,584
95$219,343,161$2,062,210$0$119,174,327
96$241,452,554$1,899,648$0$131,052,524
97$265,808,800$1,720,817$0$144,137,981
98$292,640,819$1,524,658$0$158,553,920
99$322,200,868$1,310,052$0$174,436,142
100$354,766,929$1,075,817$0$191,934,318