Can I retire at age 42 with 1,090,000?

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 $1,090,000?

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$90,011$89,209$88,427$87,664$86,918$85,373
2 years$44,560$43,730$42,926$42,146$41,390$39,838
3 years$29,412$28,578$27,776$27,003$26,259$24,750
4 years$21,839$21,008$20,214$19,454$18,728$17,272
5 years$17,296$16,470$15,687$14,943$14,237$12,839
6 years$14,269$13,449$12,677$11,950$11,265$9,927
7 years$12,108$11,295$10,535$9,825$9,162$7,883
8 years$10,487$9,682$8,934$8,242$7,600$6,381
9 years$9,228$8,430$7,695$7,020$6,401$5,240
10 years$8,220$7,430$6,709$6,051$5,454$4,351
11 years$7,397$6,615$5,906$5,267$4,690$3,644
12 years$6,711$5,937$5,242$4,619$4,065$3,073
13 years$6,131$5,365$4,683$4,078$3,544$2,607
14 years$5,635$4,877$4,208$3,620$3,107$2,221
15 years$5,205$4,455$3,799$3,229$2,736$1,900
16 years$4,829$4,088$3,444$2,891$2,418$1,631
17 years$4,498$3,765$3,134$2,597$2,144$1,403
18 years$4,204$3,479$2,861$2,341$1,906$1,210
19 years$3,941$3,224$2,619$2,115$1,699$1,046
20 years$3,705$2,996$2,404$1,916$1,518$905
21 years$3,491$2,790$2,211$1,739$1,358$785
22 years$3,297$2,605$2,038$1,581$1,217$681
23 years$3,121$2,436$1,882$1,440$1,093$592
24 years$2,959$2,283$1,740$1,313$982$515
25 years$2,810$2,142$1,612$1,199$884$448
26 years$2,673$2,013$1,495$1,096$796$390
27 years$2,547$1,895$1,388$1,004$718$340
28 years$2,429$1,785$1,290$919$648$296
29 years$2,320$1,684$1,201$843$585$258
30 years$2,219$1,591$1,119$774$528$226
31 years$2,124$1,504$1,043$711$478$197
32 years$2,035$1,423$973$653$432$172
33 years$1,952$1,347$908$601$391$150
34 years$1,874$1,277$849$553$354$131
35 years$1,800$1,211$794$509$321$115
36 years$1,731$1,150$742$469$291$100
37 years$1,666$1,092$695$432$263$88
38 years$1,604$1,038$651$398$239$76
39 years$1,546$987$610$367$217$67
40 years$1,490$939$571$338$196$58
41 years$1,438$894$536$312$178$51
42 years$1,388$851$503$288$162$45
43 years$1,340$811$472$266$147$39
44 years$1,295$773$443$246$133$34
45 years$1,252$737$416$227$121$30
46 years$1,211$703$390$210$110$26
47 years$1,172$671$367$194$100$23
48 years$1,134$641$345$179$91$20
49 years$1,098$612$324$165$82$17
50 years$1,064$584$305$153$75$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $1,090,000, adding $6,644 every year, while hoping to spend $38,005 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: 45/27/28 Blend
41$1,090,000$1,090,000$1,090,000$1,090,000
42$1,208,033$1,150,263$1,133,368$1,252,357
43$1,290,816$1,166,189$1,130,899$1,300,445
44$1,380,768$1,181,622$1,127,073$1,348,404
45$1,478,582$1,196,496$1,121,806$1,399,688
46$1,585,017$1,210,745$1,115,006$1,454,630
47$1,700,911$1,224,293$1,106,581$1,513,597
48$1,827,184$1,237,064$1,096,432$1,576,994
49$1,964,849$1,248,973$1,084,455$1,645,272
50$2,115,022$1,259,931$1,070,542$1,718,925
51$2,278,930$1,269,843$1,054,581$1,798,504
52$2,457,924$1,278,608$1,036,453$1,884,616
53$2,653,492$1,286,120$1,016,033$1,977,932
54$2,867,271$1,292,262$993,193$2,079,194
55$3,101,063$1,296,914$967,796$2,189,222
56$3,356,854$1,299,945$939,700$2,308,924
57$3,636,830$1,301,219$908,756$2,439,301
58$3,943,397$1,300,589$874,810$2,581,460
59$4,279,205$1,297,900$837,698$2,736,625
60$4,647,174$1,292,986$797,250$2,906,148
61$5,050,517$1,285,674$753,290$3,091,521
62$5,492,775$1,275,778$705,630$3,294,395
63$5,977,848$1,263,100$654,078$3,516,591
64$6,510,029$1,247,433$598,431$3,760,121
65$7,094,050$1,228,555$538,476$4,027,208
66$7,735,120$1,206,232$473,992$4,320,305
67$8,438,981$1,180,215$404,749$4,642,121
68$9,211,954$1,150,243$330,505$4,995,648
69$10,061,004$1,116,036$251,008$5,384,188
70$10,993,805$1,077,300$165,995$5,811,387
71$12,018,808$1,033,723$75,191$6,281,269
72$13,145,327$984,975$0$6,798,275
73$14,383,619$930,707$0$7,373,795
74$15,744,987$870,551$0$8,031,146
75$17,241,883$804,116$0$8,753,904
76$18,888,026$730,988$0$9,548,756
77$20,698,531$650,733$0$10,423,072
78$22,690,052$562,890$0$11,384,979
79$24,880,936$466,970$0$12,443,438
80$27,291,400$362,460$0$13,608,328
81$29,943,718$248,816$0$14,890,539
82$32,862,434$125,464$0$16,302,078
83$36,074,589$0$0$17,856,185
84$39,609,979$0$0$19,569,889
85$43,501,437$0$0$21,497,372
86$47,785,137$0$0$23,619,297
87$52,500,941$0$0$25,955,428
88$57,692,772$0$0$28,527,543
89$63,409,026$0$0$31,359,641
90$69,703,033$0$0$34,478,165
91$76,633,557$0$0$37,912,254
92$84,265,351$0$0$41,694,015
93$92,669,765$0$0$45,858,829
94$101,925,423$0$0$50,445,682
95$112,118,964$0$0$55,497,537
96$123,345,857$0$0$61,061,732
97$135,711,301$0$0$67,190,433
98$149,331,223$0$0$73,941,125
99$164,333,363$0$0$81,377,151
100$180,858,487$0$0$89,568,313