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%12.5%
1 years$94,966$94,120$93,295$92,489$91,703$90,745
2 years$47,013$46,137$45,289$44,466$43,668$42,704
3 years$31,031$30,151$29,305$28,490$27,705$26,763
4 years$23,041$22,164$21,326$20,525$19,759$18,848
5 years$18,248$17,377$16,550$15,765$15,021$14,143
6 years$15,055$14,190$13,375$12,608$11,885$11,042
7 years$12,774$11,916$11,115$10,365$9,666$8,857
8 years$11,064$10,215$9,426$8,695$8,019$7,244
9 years$9,735$8,894$8,119$7,407$6,753$6,013
10 years$8,673$7,839$7,078$6,384$5,754$5,047
11 years$7,804$6,979$6,231$5,556$4,949$4,275
12 years$7,081$6,264$5,530$4,874$4,288$3,647
13 years$6,469$5,661$4,941$4,303$3,739$3,130
14 years$5,945$5,145$4,439$3,820$3,278$2,700
15 years$5,491$4,700$4,008$3,406$2,886$2,338
16 years$5,095$4,313$3,634$3,050$2,551$2,032
17 years$4,745$3,972$3,307$2,740$2,262$1,771
18 years$4,435$3,670$3,019$2,470$2,011$1,547
19 years$4,158$3,401$2,763$2,232$1,792$1,355
20 years$3,908$3,161$2,536$2,021$1,601$1,188
21 years$3,683$2,944$2,333$1,834$1,433$1,044
22 years$3,479$2,748$2,150$1,668$1,284$919
23 years$3,292$2,570$1,985$1,519$1,153$809
24 years$3,122$2,408$1,836$1,385$1,036$714
25 years$2,965$2,260$1,700$1,265$932$630
26 years$2,820$2,124$1,577$1,157$840$557
27 years$2,687$1,999$1,464$1,059$757$492
28 years$2,563$1,884$1,361$970$683$435
29 years$2,448$1,777$1,267$890$617$385
30 years$2,341$1,678$1,180$816$557$341
31 years$2,241$1,586$1,100$750$504$302
32 years$2,147$1,501$1,026$689$456$268
33 years$2,059$1,422$958$634$413$238
34 years$1,977$1,347$895$583$374$211
35 years$1,900$1,278$837$537$338$187
36 years$1,826$1,213$783$494$307$166
37 years$1,758$1,152$733$455$278$147
38 years$1,692$1,095$686$420$252$131
39 years$1,631$1,041$643$387$228$116
40 years$1,572$990$603$357$207$103
41 years$1,517$943$565$329$188$91
42 years$1,464$898$530$304$171$81
43 years$1,414$856$498$281$155$72
44 years$1,366$816$467$259$141$64
45 years$1,321$778$439$239$128$57
46 years$1,278$742$412$221$116$51
47 years$1,236$708$387$204$105$45
48 years$1,197$676$364$189$96$40
49 years$1,159$645$342$174$87$35
50 years$1,123$617$321$161$79$32

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 $3,109 every year, while hoping to spend $42,349 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$1,150,000$1,150,000$1,150,000$1,150,000
42$1,270,507$1,209,557$1,191,732$1,324,545
43$1,355,040$1,223,766$1,186,596$1,376,620
44$1,446,775$1,237,252$1,179,869$1,428,594
45$1,546,404$1,249,935$1,171,452$1,484,136
46$1,654,685$1,261,730$1,161,243$1,543,598
47$1,772,452$1,272,544$1,149,134$1,607,369
48$1,900,625$1,282,281$1,135,013$1,675,881
49$2,040,214$1,290,838$1,118,761$1,749,607
50$2,192,331$1,298,105$1,100,255$1,829,075
51$2,358,201$1,303,965$1,079,366$1,914,866
52$2,539,171$1,308,292$1,055,958$2,007,623
53$2,736,723$1,310,955$1,029,889$2,108,058
54$2,952,491$1,311,813$1,001,012$2,216,955
55$3,188,269$1,310,717$969,171$2,335,183
56$3,446,039$1,307,508$934,203$2,463,703
57$3,727,976$1,302,017$895,941$2,603,574
58$4,036,480$1,294,066$854,205$2,755,969
59$4,374,191$1,283,466$808,811$2,922,183
60$4,744,017$1,270,014$759,565$3,103,646
61$5,149,161$1,253,499$706,265$3,301,940
62$5,593,149$1,233,694$648,698$3,518,809
63$6,079,865$1,210,360$586,644$3,756,183
64$6,613,587$1,183,244$519,873$4,016,190
65$7,199,027$1,152,076$448,142$4,301,184
66$7,841,373$1,116,573$371,200$4,613,761
67$8,546,341$1,076,434$288,784$4,956,790
68$9,320,229$1,031,340$200,619$5,333,437
69$10,169,971$980,954$106,419$5,747,197
70$11,103,208$924,921$5,884$6,201,931
71$12,128,357$862,863$0$6,701,898
72$13,254,687$794,382$0$7,272,360
73$14,492,415$719,056$0$7,900,557
74$15,852,792$636,440$0$8,591,093
75$17,348,214$546,064$0$9,350,363
76$18,992,341$447,430$0$10,185,418
77$20,800,219$340,013$0$11,104,036
78$22,788,427$223,259$0$12,114,792
79$24,975,229$96,581$0$13,227,146
80$27,380,749$0$0$14,451,528
81$30,027,162$0$0$15,814,196
82$32,938,896$0$0$17,352,214
83$36,142,869$0$0$19,044,747
84$39,668,740$0$0$20,907,480
85$43,549,188$0$0$22,957,697
86$47,820,220$0$0$25,214,443
87$52,521,511$0$0$27,698,701
88$57,696,778$0$0$30,433,593
89$63,394,192$0$0$33,444,598
90$69,666,831$0$0$36,759,788
91$76,573,181$0$0$40,410,099
92$84,177,690$0$0$44,429,617
93$92,551,371$0$0$48,855,904
94$101,772,475$0$0$53,730,347
95$111,927,230$0$0$59,098,554
96$123,110,649$0$0$65,010,782
97$135,427,432$0$0$71,522,408
98$148,992,952$0$0$78,694,457
99$163,934,340$0$0$86,594,172
100$180,391,689$0$0$95,295,655