Can I retire at age 42 with 1,850,000?

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 $1,850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$152,771$151,410$150,083$148,787$147,522$143,316
2 years$75,629$74,221$72,856$71,532$70,248$66,044
3 years$49,919$48,504$47,142$45,831$44,568$40,497
4 years$37,066$35,656$34,308$33,019$31,787$27,880
5 years$29,356$27,954$26,624$25,362$24,164$20,432
6 years$24,218$22,827$21,516$20,282$19,120$15,566
7 years$20,550$19,170$17,880$16,675$15,550$12,174
8 years$17,799$16,432$15,164$13,988$12,900$9,701
9 years$15,661$14,307$13,061$11,915$10,864$7,838
10 years$13,952$12,611$11,386$10,271$9,256$6,400
11 years$12,554$11,227$10,024$8,939$7,961$5,269
12 years$11,391$10,077$8,896$7,840$6,899$4,366
13 years$10,407$9,106$7,948$6,922$6,016$3,637
14 years$9,564$8,277$7,142$6,144$5,273$3,043
15 years$8,834$7,562$6,448$5,480$4,643$2,554
16 years$8,196$6,938$5,846$4,907$4,104$2,150
17 years$7,634$6,389$5,320$4,408$3,638$1,815
18 years$7,135$5,904$4,856$3,973$3,235$1,534
19 years$6,689$5,472$4,446$3,590$2,884$1,300
20 years$6,288$5,085$4,080$3,251$2,576$1,102
21 years$5,925$4,736$3,753$2,951$2,305$936
22 years$5,596$4,421$3,459$2,683$2,066$795
23 years$5,296$4,135$3,194$2,443$1,855$677
24 years$5,022$3,874$2,953$2,229$1,667$576
25 years$4,770$3,636$2,736$2,035$1,500$491
26 years$4,537$3,417$2,537$1,861$1,351$418
27 years$4,322$3,216$2,356$1,703$1,218$356
28 years$4,123$3,030$2,190$1,561$1,099$304
29 years$3,938$2,859$2,038$1,431$993$259
30 years$3,766$2,700$1,898$1,313$897$221
31 years$3,605$2,552$1,770$1,206$811$189
32 years$3,454$2,415$1,651$1,109$733$161
33 years$3,313$2,287$1,542$1,019$664$138
34 years$3,180$2,167$1,441$938$601$118
35 years$3,056$2,056$1,347$863$544$100
36 years$2,938$1,951$1,260$795$493$86
37 years$2,827$1,853$1,179$733$447$73
38 years$2,722$1,761$1,104$675$405$63
39 years$2,623$1,675$1,035$623$367$54
40 years$2,529$1,593$970$574$333$46
41 years$2,440$1,517$909$530$302$39
42 years$2,355$1,444$853$489$274$33
43 years$2,275$1,376$800$451$249$29
44 years$2,198$1,312$751$417$226$24
45 years$2,125$1,251$705$385$205$21
46 years$2,055$1,193$663$356$186$18
47 years$1,989$1,139$622$329$169$15
48 years$1,925$1,087$585$304$154$13
49 years$1,864$1,038$550$281$140$11
50 years$1,806$992$517$259$127$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $1,850,000, adding $5,611 every year, while hoping to spend $54,564 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: 50/30/20 Blend
41$1,850,000$1,850,000$1,850,000$1,850,000
42$2,044,488$1,946,438$1,917,763$2,135,039
43$2,194,970$1,983,758$1,923,952$2,235,601
44$2,358,972$2,021,077$1,928,520$2,338,787
45$2,537,817$2,058,339$1,931,355$2,449,780
46$2,732,957$2,095,481$1,932,339$2,569,335
47$2,945,995$2,132,436$1,931,348$2,698,289
48$3,178,693$2,169,132$1,928,254$2,837,564
49$3,432,990$2,205,490$1,922,922$2,988,176
50$3,711,023$2,241,426$1,915,207$3,151,246
51$4,015,143$2,276,852$1,904,962$3,328,012
52$4,347,940$2,311,670$1,892,030$3,519,836
53$4,712,264$2,345,776$1,876,248$3,728,225
54$5,111,255$2,379,059$1,857,443$3,954,837
55$5,548,372$2,411,402$1,835,435$4,201,504
56$6,027,420$2,442,675$1,810,037$4,470,244
57$6,552,596$2,472,744$1,781,052$4,763,285
58$7,128,515$2,501,464$1,748,272$5,083,084
59$7,760,267$2,528,679$1,711,482$5,432,350
60$8,453,453$2,554,223$1,670,456$5,814,072
61$9,214,247$2,577,921$1,624,957$6,231,546
62$10,049,445$2,599,584$1,574,738$6,688,409
63$10,966,536$2,619,012$1,519,541$7,188,670
64$11,973,771$2,635,992$1,459,093$7,736,751
65$13,080,236$2,650,296$1,393,113$8,337,530
66$14,295,942$2,661,682$1,321,304$8,996,387
67$15,631,919$2,669,895$1,243,358$9,719,253
68$17,100,315$2,674,660$1,158,951$10,512,671
69$18,714,517$2,675,688$1,067,746$11,383,855
70$20,489,271$2,672,671$969,389$12,340,761
71$22,440,825$2,665,280$863,512$13,392,163
72$24,587,080$2,653,170$749,731$14,547,735
73$26,947,758$2,635,970$627,642$15,818,145
74$29,544,587$2,613,291$496,826$17,215,158
75$32,401,510$2,584,718$356,845$18,751,743
76$35,544,906$2,549,811$207,241$20,442,202
77$39,003,839$2,508,104$47,536$22,302,307
78$42,810,334$2,459,104$0$24,349,443
79$46,999,677$2,402,289$0$26,629,009
80$51,610,747$2,337,104$0$29,148,445
81$56,686,385$2,262,964$0$31,921,016
82$62,273,795$2,179,249$0$34,972,536
83$68,424,991$2,085,301$0$38,331,456
84$75,197,287$1,980,427$0$42,029,138
85$82,653,834$1,863,892$0$46,100,146
86$90,864,222$1,734,919$0$50,582,578
87$99,905,129$1,592,687$0$55,518,426
88$109,861,051$1,436,327$0$60,953,971
89$120,825,093$1,264,922$0$66,940,225
90$132,899,851$1,077,502$0$73,533,413
91$146,198,379$873,042$0$80,795,503
92$160,845,252$650,460$0$88,794,796
93$176,977,748$408,613$0$97,606,569
94$194,747,136$146,293$0$107,313,792
95$214,320,109$0$0$118,007,909
96$235,880,350$0$0$129,835,189
97$259,630,273$0$0$142,917,148
98$285,792,927$0$0$157,328,387
99$314,614,104$0$0$173,204,335
100$346,364,655$0$0$190,694,225