Can I retire at age 42 with 2,000,000?

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 $2,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$165,158$163,687$162,252$160,851$159,483$155,375
2 years$81,761$80,239$78,763$77,332$75,944$71,833
3 years$53,966$52,437$50,965$49,547$48,182$44,196
4 years$40,071$38,547$37,089$35,696$34,364$30,534
5 years$31,737$30,221$28,783$27,418$26,123$22,459
6 years$26,182$24,678$23,261$21,926$20,670$17,177
7 years$22,216$20,724$19,330$18,027$16,810$13,487
8 years$19,243$17,765$16,393$15,122$13,946$10,792
9 years$16,931$15,467$14,120$12,881$11,744$8,756
10 years$15,083$13,634$12,310$11,103$10,007$7,181
11 years$13,572$12,137$10,837$9,663$8,606$5,939
12 years$12,314$10,894$9,618$8,476$7,458$4,944
13 years$11,250$9,845$8,593$7,483$6,503$4,138
14 years$10,339$8,949$7,721$6,643$5,701$3,478
15 years$9,550$8,175$6,971$5,924$5,020$2,934
16 years$8,861$7,500$6,320$5,304$4,436$2,483
17 years$8,253$6,907$5,751$4,766$3,934$2,106
18 years$7,713$6,383$5,250$4,295$3,497$1,790
19 years$7,231$5,915$4,806$3,881$3,117$1,524
20 years$6,797$5,497$4,411$3,515$2,785$1,299
21 years$6,406$5,120$4,057$3,190$2,492$1,109
22 years$6,050$4,779$3,739$2,900$2,234$948
23 years$5,726$4,470$3,452$2,642$2,005$811
24 years$5,429$4,188$3,193$2,409$1,802$694
25 years$5,156$3,930$2,957$2,200$1,622$595
26 years$4,905$3,694$2,743$2,012$1,461$510
27 years$4,673$3,476$2,547$1,841$1,317$437
28 years$4,458$3,276$2,368$1,687$1,188$375
29 years$4,258$3,090$2,203$1,547$1,073$322
30 years$4,071$2,919$2,052$1,420$970$276
31 years$3,897$2,759$1,913$1,304$877$237
32 years$3,734$2,611$1,785$1,198$793$203
33 years$3,582$2,472$1,667$1,102$718$175
34 years$3,438$2,343$1,557$1,014$650$150
35 years$3,304$2,222$1,456$933$588$129
36 years$3,176$2,109$1,362$860$533$111
37 years$3,057$2,003$1,275$792$483$95
38 years$2,943$1,904$1,194$730$438$82
39 years$2,836$1,811$1,119$673$397$70
40 years$2,734$1,723$1,048$621$360$60
41 years$2,638$1,640$983$573$327$52
42 years$2,546$1,562$922$529$297$45
43 years$2,459$1,488$865$488$269$38
44 years$2,376$1,418$812$451$244$33
45 years$2,297$1,352$763$416$222$28
46 years$2,222$1,290$716$384$201$24
47 years$2,150$1,231$673$355$183$21
48 years$2,081$1,175$632$328$166$18
49 years$2,016$1,122$594$303$151$16
50 years$1,953$1,072$559$280$137$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $2,000,000, adding $3,939 every year, while hoping to spend $37,950 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: 90/5/5 Blend
41$2,000,000$2,000,000$2,000,000$2,000,000
42$2,208,063$2,102,063$2,071,063$2,406,843
43$2,392,907$2,164,686$2,100,065$2,599,217
44$2,595,333$2,229,105$2,128,767$2,804,967
45$2,817,095$2,295,369$2,157,118$3,029,977
46$3,060,123$2,363,526$2,185,066$3,276,161
47$3,326,543$2,433,627$2,212,554$3,545,628
48$3,618,699$2,505,723$2,239,523$3,840,701
49$3,939,170$2,579,867$2,265,910$4,163,939
50$4,290,796$2,656,111$2,291,649$4,518,158
51$4,676,708$2,734,511$2,316,670$4,906,462
52$5,100,353$2,815,123$2,340,899$5,332,270
53$5,565,528$2,898,003$2,364,259$5,799,346
54$6,076,417$2,983,210$2,386,666$6,311,838
55$6,637,627$3,070,803$2,408,035$6,874,317
56$7,254,235$3,160,843$2,428,275$7,491,814
57$7,931,834$3,253,391$2,447,288$8,169,876
58$8,676,584$3,348,511$2,464,976$8,914,611
59$9,495,274$3,446,265$2,481,231$9,732,749
60$10,395,381$3,546,721$2,495,941$10,631,704
61$11,385,143$3,649,944$2,508,988$11,619,646
62$12,473,639$3,756,003$2,520,251$12,705,574
63$13,670,868$3,864,965$2,529,597$13,899,404
64$14,987,850$3,976,901$2,536,892$15,212,061
65$16,436,724$4,091,883$2,541,991$16,655,583
66$18,030,867$4,209,982$2,544,745$18,243,232
67$19,785,017$4,331,273$2,544,995$19,989,621
68$21,715,412$4,455,829$2,542,577$21,910,852
69$23,839,947$4,583,727$2,537,315$24,024,667
70$26,178,335$4,715,043$2,529,028$26,350,612
71$28,752,299$4,849,855$2,517,526$28,910,229
72$31,585,778$4,988,242$2,502,606$31,727,251
73$34,705,144$5,130,283$2,484,061$34,827,830
74$38,139,461$5,276,059$2,461,669$38,240,784
75$41,920,751$5,425,651$2,435,200$41,997,865
76$46,084,302$5,579,142$2,404,414$46,134,064
77$50,668,995$5,736,614$2,369,056$50,687,934
78$55,717,676$5,898,152$2,328,863$55,701,962
79$61,277,557$6,063,839$2,283,557$61,222,962
80$67,400,660$6,233,759$2,232,849$67,302,520
81$74,144,313$6,407,999$2,176,435$73,997,484
82$81,571,686$6,586,644$2,113,998$81,370,492
83$89,752,387$6,769,778$2,045,206$89,490,570
84$98,763,122$6,957,489$1,969,712$98,433,783
85$108,688,415$7,149,861$1,887,152$108,283,948
86$119,621,409$7,346,980$1,797,148$119,133,428
87$131,664,742$7,548,931$1,699,302$131,084,005
88$144,931,517$7,755,799$1,593,199$144,247,837
89$159,546,367$7,967,669$1,478,406$158,748,519
90$175,646,634$8,184,623$1,354,471$174,722,247
91$193,383,665$8,406,743$1,220,920$192,319,107
92$212,924,236$8,634,111$1,077,258$211,704,488
93$234,452,133$8,866,807$922,971$233,060,646
94$258,169,878$9,104,908$757,518$256,588,419
95$284,300,647$9,348,490$580,336$282,509,129
96$313,090,374$9,597,627$390,838$311,066,667
97$344,810,071$9,852,390$188,411$342,529,796
98$379,758,389$10,112,848$0$377,194,688
99$418,264,432$10,379,065$0$415,389,193
100$460,690,869$10,651,104$0$457,482,321