Can I retire at age 42 with 1,870,000?

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 $1,870,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$154,423$153,047$151,705$150,395$149,116$146,465
2 years$76,447$75,023$73,643$72,306$71,008$68,346
3 years$50,458$49,028$47,652$46,327$45,050$42,461
4 years$37,467$36,041$34,679$33,376$32,130$29,633
5 years$29,674$28,257$26,912$25,636$24,425$22,026
6 years$24,480$23,074$21,749$20,501$19,327$17,030
7 years$20,772$19,377$18,073$16,855$15,718$13,524
8 years$17,992$16,610$15,328$14,139$13,039$10,947
9 years$15,831$14,462$13,202$12,044$10,981$8,990
10 years$14,103$12,747$11,510$10,382$9,356$7,464
11 years$12,690$11,348$10,133$9,035$8,047$6,252
12 years$11,514$10,186$8,993$7,925$6,973$5,273
13 years$10,519$9,205$8,034$6,997$6,081$4,472
14 years$9,667$8,367$7,219$6,211$5,330$3,811
15 years$8,930$7,643$6,518$5,539$4,693$3,260
16 years$8,285$7,013$5,909$4,960$4,148$2,798
17 years$7,716$6,458$5,377$4,456$3,678$2,407
18 years$7,212$5,968$4,909$4,016$3,270$2,076
19 years$6,761$5,531$4,494$3,629$2,915$1,794
20 years$6,356$5,140$4,124$3,286$2,604$1,553
21 years$5,989$4,787$3,793$2,983$2,330$1,346
22 years$5,657$4,469$3,496$2,712$2,088$1,169
23 years$5,354$4,180$3,228$2,470$1,875$1,015
24 years$5,076$3,916$2,985$2,253$1,685$883
25 years$4,821$3,675$2,765$2,057$1,516$768
26 years$4,586$3,454$2,564$1,881$1,366$669
27 years$4,369$3,251$2,381$1,722$1,231$583
28 years$4,168$3,063$2,214$1,577$1,111$508
29 years$3,981$2,890$2,060$1,447$1,003$443
30 years$3,807$2,729$1,919$1,328$907$387
31 years$3,644$2,580$1,789$1,219$820$338
32 years$3,492$2,441$1,669$1,121$741$295
33 years$3,349$2,312$1,558$1,030$671$258
34 years$3,215$2,191$1,456$948$607$225
35 years$3,089$2,078$1,361$873$550$197
36 years$2,970$1,972$1,274$804$499$172
37 years$2,858$1,873$1,192$741$452$150
38 years$2,752$1,780$1,116$683$410$131
39 years$2,652$1,693$1,046$629$371$115
40 years$2,557$1,611$980$581$337$100
41 years$2,466$1,533$919$536$306$88
42 years$2,381$1,460$862$494$277$77
43 years$2,299$1,391$809$456$252$67
44 years$2,222$1,326$759$421$228$59
45 years$2,148$1,265$713$389$207$51
46 years$2,078$1,206$670$359$188$45
47 years$2,010$1,151$629$332$171$39
48 years$1,946$1,099$591$307$155$34
49 years$1,885$1,049$556$284$141$30
50 years$1,826$1,002$523$262$128$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $1,870,000, adding $6,408 every year, while hoping to spend $54,119 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: 48/33/19 Blend
41$1,870,000$1,870,000$1,870,000$1,870,000
42$2,067,350$1,968,240$1,939,255$2,155,220
43$2,220,637$2,007,101$1,946,638$2,255,795
44$2,387,746$2,046,053$1,952,454$2,358,945
45$2,570,029$2,085,043$1,956,594$2,469,809
46$2,768,976$2,124,013$1,958,943$2,589,133
47$2,986,223$2,162,902$1,959,380$2,717,739
48$3,223,577$2,201,643$1,957,778$2,856,533
49$3,483,023$2,240,165$1,954,005$3,006,515
50$3,766,747$2,278,389$1,947,920$3,168,787
51$4,077,158$2,316,232$1,939,378$3,344,566
52$4,416,906$2,353,606$1,928,225$3,535,192
53$4,788,910$2,390,412$1,914,300$3,742,146
54$5,196,386$2,426,549$1,897,436$3,967,059
55$5,642,872$2,461,905$1,877,455$4,211,731
56$6,132,269$2,496,362$1,854,174$4,478,147
57$6,668,869$2,529,793$1,827,397$4,768,496
58$7,257,403$2,562,062$1,796,924$5,085,193
59$7,903,079$2,593,023$1,762,542$5,430,903
60$8,611,634$2,622,523$1,724,029$5,808,563
61$9,389,389$2,650,395$1,681,152$6,221,413
62$10,243,306$2,676,463$1,633,669$6,673,027
63$11,181,051$2,700,538$1,581,326$7,167,346
64$12,211,075$2,722,421$1,523,856$7,708,719
65$13,342,681$2,741,896$1,460,982$8,301,938
66$14,586,123$2,758,738$1,392,414$8,952,291
67$15,952,695$2,772,703$1,317,846$9,665,609
68$17,454,838$2,783,534$1,236,963$10,448,322
69$19,106,262$2,790,957$1,149,431$11,307,523
70$20,922,068$2,794,682$1,054,905$12,251,030
71$22,918,896$2,794,398$953,021$13,287,467
72$25,115,078$2,789,778$843,402$14,426,344
73$27,530,812$2,780,473$725,652$15,678,146
74$30,188,351$2,766,113$599,358$17,054,436
75$33,112,216$2,746,305$464,089$18,567,964
76$36,329,421$2,720,633$319,395$20,232,787
77$39,869,734$2,688,656$164,807$22,064,406
78$43,765,952$2,649,905$0$24,079,912
79$48,054,213$2,603,885$0$26,298,183
80$52,774,338$2,550,070$0$28,775,620
81$57,970,201$2,487,904$0$31,501,790
82$63,690,148$2,416,798$0$34,502,062
83$69,987,449$2,336,127$0$37,804,397
84$76,920,804$2,245,232$0$41,439,617
85$84,554,892$2,143,415$0$45,441,690
86$92,960,984$2,029,935$0$49,848,060
87$102,217,614$1,904,012$0$54,699,997
88$112,411,321$1,764,819$0$60,042,989
89$123,637,463$1,611,482$0$65,927,173
90$136,001,117$1,443,077$0$72,407,812
91$149,618,071$1,258,629$0$79,545,813
92$164,615,918$1,057,105$0$87,408,308
93$181,135,254$837,415$0$96,069,291
94$199,331,010$598,409$0$105,610,314
95$219,373,913$338,871$0$116,121,262
96$241,452,092$57,516$0$127,701,203
97$265,772,860$0$0$140,459,326
98$292,564,665$0$0$154,605,673
99$322,079,248$0$0$170,213,003
100$354,594,017$0$0$187,407,163