Can I retire at age 42 with 1,860,000?

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 $1,860,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$153,597$152,229$150,894$149,591$148,319$144,675
2 years$76,038$74,622$73,250$71,919$70,628$66,979
3 years$50,189$48,766$47,397$46,079$44,809$41,270
4 years$37,266$35,848$34,493$33,197$31,958$28,555
5 years$29,515$28,106$26,768$25,499$24,294$21,037
6 years$24,349$22,950$21,633$20,392$19,223$16,115
7 years$20,661$19,274$17,977$16,765$15,634$12,675
8 years$17,896$16,521$15,246$14,064$12,970$10,160
9 years$15,746$14,385$13,131$11,979$10,922$8,258
10 years$14,027$12,679$11,448$10,326$9,306$6,785
11 years$12,622$11,288$10,079$8,987$8,004$5,622
12 years$11,452$10,131$8,945$7,883$6,936$4,690
13 years$10,463$9,156$7,991$6,959$6,048$3,933
14 years$9,615$8,322$7,180$6,178$5,302$3,313
15 years$8,882$7,602$6,483$5,509$4,668$2,801
16 years$8,241$6,975$5,878$4,933$4,126$2,375
17 years$7,675$6,424$5,348$4,432$3,658$2,019
18 years$7,173$5,936$4,882$3,994$3,253$1,719
19 years$6,725$5,501$4,470$3,609$2,899$1,467
20 years$6,322$5,112$4,102$3,269$2,590$1,254
21 years$5,957$4,762$3,773$2,967$2,317$1,073
22 years$5,626$4,445$3,477$2,697$2,077$919
23 years$5,325$4,157$3,211$2,457$1,865$788
24 years$5,049$3,895$2,969$2,241$1,676$676
25 years$4,795$3,655$2,750$2,046$1,508$581
26 years$4,562$3,435$2,551$1,871$1,358$499
27 years$4,346$3,233$2,369$1,713$1,225$429
28 years$4,146$3,047$2,202$1,569$1,105$369
29 years$3,959$2,874$2,049$1,439$998$317
30 years$3,786$2,714$1,909$1,321$902$273
31 years$3,624$2,566$1,779$1,213$815$235
32 years$3,473$2,428$1,660$1,115$737$202
33 years$3,331$2,299$1,550$1,025$667$174
34 years$3,198$2,179$1,448$943$604$150
35 years$3,072$2,067$1,354$868$547$129
36 years$2,954$1,962$1,267$800$496$111
37 years$2,843$1,863$1,186$737$449$96
38 years$2,737$1,771$1,110$679$407$83
39 years$2,637$1,684$1,040$626$369$71
40 years$2,543$1,602$975$577$335$61
41 years$2,453$1,525$914$533$304$53
42 years$2,368$1,452$858$492$276$46
43 years$2,287$1,384$805$454$250$39
44 years$2,210$1,319$755$419$227$34
45 years$2,136$1,258$709$387$206$29
46 years$2,066$1,200$666$358$187$25
47 years$2,000$1,145$626$330$170$22
48 years$1,936$1,093$588$305$154$19
49 years$1,874$1,044$553$282$140$16
50 years$1,816$997$520$261$127$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $1,860,000, adding $6,521 every year, while hoping to spend $52,517 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: 66/21/13 Blend
41$1,860,000$1,860,000$1,860,000$1,860,000
42$2,056,446$1,957,866$1,929,036$2,185,617
43$2,210,326$1,997,924$1,937,781$2,312,668
44$2,378,142$2,038,185$1,945,059$2,444,714
45$2,561,259$2,078,602$1,950,765$2,587,718
46$2,761,181$2,119,128$1,954,790$2,742,747
47$2,979,563$2,159,707$1,957,017$2,910,978
48$3,218,228$2,200,282$1,957,327$3,093,707
49$3,479,182$2,240,790$1,955,591$3,292,362
50$3,764,632$2,281,162$1,951,677$3,508,517
51$4,077,011$2,321,326$1,945,446$3,743,907
52$4,418,998$2,361,202$1,936,749$4,000,441
53$4,793,540$2,400,705$1,925,434$4,280,226
54$5,203,885$2,439,744$1,911,341$4,585,581
55$5,653,609$2,478,220$1,894,299$4,919,064
56$6,146,652$2,516,027$1,874,132$5,283,492
57$6,687,351$2,553,053$1,850,656$5,681,971
58$7,280,484$2,589,176$1,823,676$6,117,924
59$7,931,314$2,624,266$1,792,990$6,595,122
60$8,645,637$2,658,184$1,758,384$7,117,724
61$9,429,839$2,690,782$1,719,638$7,690,309
62$10,290,954$2,721,902$1,676,517$8,317,929
63$11,236,730$2,751,373$1,628,778$9,006,149
64$12,275,701$2,779,016$1,576,167$9,761,103
65$13,417,272$2,804,637$1,518,418$10,589,552
66$14,671,801$2,828,031$1,455,252$11,498,948
67$16,050,699$2,848,980$1,386,378$12,497,504
68$17,566,541$2,867,249$1,311,492$13,594,273
69$19,233,176$2,882,592$1,230,274$14,799,231
70$21,065,865$2,894,745$1,142,394$16,123,376
71$23,081,422$2,903,426$1,047,503$17,578,828
72$25,298,372$2,908,339$945,239$19,178,946
73$27,737,123$2,909,165$835,223$20,938,454
74$30,420,165$2,905,569$717,057$22,873,581
75$33,372,273$2,897,193$590,330$25,002,214
76$36,620,747$2,883,658$454,609$27,344,067
77$40,195,668$2,864,562$309,442$29,920,870
78$44,130,178$2,839,477$154,361$32,756,570
79$48,460,797$2,807,952$0$35,877,564
80$53,227,763$2,769,507$0$39,314,488
81$58,475,414$2,723,632$0$43,120,814
82$64,252,606$2,669,790$0$47,310,521
83$70,613,172$2,607,409$0$51,922,636
84$77,616,429$2,535,886$0$57,000,171
85$85,327,741$2,454,581$0$62,590,523
86$93,819,132$2,362,816$0$68,745,927
87$103,169,965$2,259,876$0$75,523,949
88$113,467,694$2,145,003$0$82,988,026
89$124,808,685$2,017,394$0$91,208,072
90$137,299,126$1,876,201$0$100,261,133
91$151,056,030$1,720,529$0$110,232,115
92$166,208,340$1,549,429$0$121,214,593
93$182,898,139$1,361,900$0$133,311,685
94$201,282,000$1,156,883$0$146,637,037
95$221,532,454$933,260$0$161,315,887
96$243,839,624$689,850$0$177,486,255
97$268,413,018$425,406$0$195,300,244
98$295,483,504$138,608$0$214,925,479
99$325,305,488$0$0$236,546,687
100$358,159,319$0$0$260,407,180