Can I retire at age 42 with 1,150,000?

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 $1,150,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$94,966$94,120$93,295$92,489$91,703$88,696
2 years$47,013$46,137$45,289$44,466$43,668$40,668
3 years$31,031$30,151$29,305$28,490$27,705$24,805
4 years$23,041$22,164$21,326$20,525$19,759$16,982
5 years$18,248$17,377$16,550$15,765$15,021$12,373
6 years$15,055$14,190$13,375$12,608$11,885$9,370
7 years$12,774$11,916$11,115$10,365$9,666$7,283
8 years$11,064$10,215$9,426$8,695$8,019$5,766
9 years$9,735$8,894$8,119$7,407$6,753$4,627
10 years$8,673$7,839$7,078$6,384$5,754$3,752
11 years$7,804$6,979$6,231$5,556$4,949$3,067
12 years$7,081$6,264$5,530$4,874$4,288$2,523
13 years$6,469$5,661$4,941$4,303$3,739$2,086
14 years$5,945$5,145$4,439$3,820$3,278$1,732
15 years$5,491$4,700$4,008$3,406$2,886$1,443
16 years$5,095$4,313$3,634$3,050$2,551$1,205
17 years$4,745$3,972$3,307$2,740$2,262$1,009
18 years$4,435$3,670$3,019$2,470$2,011$846
19 years$4,158$3,401$2,763$2,232$1,792$711
20 years$3,908$3,161$2,536$2,021$1,601$598
21 years$3,683$2,944$2,333$1,834$1,433$503
22 years$3,479$2,748$2,150$1,668$1,284$424
23 years$3,292$2,570$1,985$1,519$1,153$358
24 years$3,122$2,408$1,836$1,385$1,036$302
25 years$2,965$2,260$1,700$1,265$932$255
26 years$2,820$2,124$1,577$1,157$840$215
27 years$2,687$1,999$1,464$1,059$757$182
28 years$2,563$1,884$1,361$970$683$154
29 years$2,448$1,777$1,267$890$617$130
30 years$2,341$1,678$1,180$816$557$110
31 years$2,241$1,586$1,100$750$504$93
32 years$2,147$1,501$1,026$689$456$79
33 years$2,059$1,422$958$634$413$67
34 years$1,977$1,347$895$583$374$56
35 years$1,900$1,278$837$537$338$48
36 years$1,826$1,213$783$494$307$40
37 years$1,758$1,152$733$455$278$34
38 years$1,692$1,095$686$420$252$29
39 years$1,631$1,041$643$387$228$24
40 years$1,572$990$603$357$207$21
41 years$1,517$943$565$329$188$18
42 years$1,464$898$530$304$171$15
43 years$1,414$856$498$281$155$13
44 years$1,366$816$467$259$141$11
45 years$1,321$778$439$239$128$9
46 years$1,278$742$412$221$116$8
47 years$1,236$708$387$204$105$6
48 years$1,197$676$364$189$96$5
49 years$1,159$645$342$174$87$5
50 years$1,123$617$321$161$79$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $1,150,000, adding $3,564 every year, while hoping to spend $38,913 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: 67/13/20 Blend
41$1,150,000$1,150,000$1,150,000$1,150,000
42$1,270,976$1,210,026$1,192,201$1,349,553
43$1,359,213$1,227,914$1,190,737$1,420,508
44$1,455,145$1,245,375$1,187,919$1,493,243
45$1,559,517$1,262,346$1,183,662$1,571,849
46$1,673,148$1,278,760$1,177,874$1,656,902
47$1,796,937$1,294,548$1,170,461$1,749,038
48$1,931,877$1,309,633$1,161,324$1,848,958
49$2,079,057$1,323,934$1,150,357$1,957,435
50$2,239,679$1,337,364$1,137,452$2,075,320
51$2,415,064$1,349,833$1,122,494$2,203,554
52$2,606,666$1,361,241$1,105,364$2,343,173
53$2,816,088$1,371,484$1,085,936$2,495,319
54$3,045,093$1,380,450$1,064,078$2,661,252
55$3,295,621$1,388,021$1,039,654$2,842,360
56$3,569,812$1,394,071$1,012,519$3,040,176
57$3,870,018$1,398,465$982,524$3,256,388
58$4,198,831$1,401,062$949,510$3,492,859
59$4,559,107$1,401,709$913,313$3,751,640
60$4,953,989$1,400,246$873,762$4,034,997
61$5,386,939$1,396,501$830,677$4,345,425
62$5,861,770$1,390,293$783,868$4,685,676
63$6,382,684$1,381,431$733,141$5,058,784
64$6,954,306$1,369,709$678,289$5,468,096
65$7,581,731$1,354,911$619,098$5,917,301
66$8,270,574$1,336,807$555,344$6,410,464
67$9,027,017$1,315,155$486,792$6,952,070
68$9,857,871$1,289,697$413,199$7,547,064
69$10,770,642$1,260,159$334,308$8,200,894
70$11,773,593$1,226,253$249,854$8,919,571
71$12,875,833$1,187,673$159,557$9,709,718
72$14,087,393$1,144,094$63,127$10,578,639
73$15,419,326$1,095,174$0$11,534,386
74$16,883,809$1,040,549$0$12,594,324
75$18,494,259$979,838$0$13,774,677
76$20,265,456$912,632$0$15,072,817
77$22,213,686$838,505$0$16,500,710
78$24,356,892$757,001$0$18,071,540
79$26,714,843$667,642$0$19,799,840
80$29,309,322$569,921$0$21,701,622
81$32,164,328$463,303$0$23,794,534
82$35,306,308$347,223$0$26,098,022
83$38,764,398$221,084$0$28,633,519
84$42,570,703$84,254$0$31,424,642
85$46,760,600$0$0$34,497,420
86$51,373,069$0$0$37,889,682
87$56,451,061$0$0$41,637,672
88$62,041,903$0$0$45,764,278
89$68,197,745$0$0$50,308,005
90$74,976,052$0$0$55,311,278
91$82,440,143$0$0$60,820,849
92$90,659,792$0$0$66,888,233
93$99,711,884$0$0$73,570,194
94$109,681,140$0$0$80,929,286
95$120,660,918$0$0$89,034,436
96$132,754,091$0$0$97,961,597
97$146,074,018$0$0$107,794,467
98$160,745,618$0$0$118,625,274
99$176,906,539$0$0$130,555,650
100$194,708,469$0$0$143,697,588