Can I retire at age 42 with 1,250,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,250,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$103,224$102,304$101,407$100,532$99,677$96,757
2 years$51,101$50,149$49,227$48,333$47,465$44,548
3 years$33,729$32,773$31,853$30,967$30,114$27,290
4 years$25,045$24,092$23,181$22,310$21,477$18,768
5 years$19,835$18,888$17,989$17,136$16,327$13,740
6 years$16,364$15,424$14,538$13,704$12,919$10,456
7 years$13,885$12,953$12,081$11,267$10,506$8,169
8 years$12,027$11,103$10,246$9,451$8,716$6,501
9 years$10,582$9,667$8,825$8,051$7,340$5,247
10 years$9,427$8,521$7,694$6,940$6,254$4,279
11 years$8,483$7,586$6,773$6,040$5,379$3,518
12 years$7,696$6,809$6,011$5,298$4,661$2,911
13 years$7,031$6,153$5,371$4,677$4,065$2,422
14 years$6,462$5,593$4,825$4,152$3,563$2,023
15 years$5,969$5,109$4,357$3,703$3,137$1,696
16 years$5,538$4,688$3,950$3,315$2,773$1,426
17 years$5,158$4,317$3,594$2,979$2,458$1,201
18 years$4,821$3,989$3,281$2,684$2,186$1,014
19 years$4,519$3,697$3,004$2,426$1,948$858
20 years$4,248$3,436$2,757$2,197$1,740$726
21 years$4,004$3,200$2,536$1,994$1,557$616
22 years$3,781$2,987$2,337$1,813$1,396$523
23 years$3,579$2,794$2,158$1,651$1,253$444
24 years$3,393$2,618$1,996$1,506$1,126$377
25 years$3,223$2,457$1,848$1,375$1,014$321
26 years$3,066$2,309$1,714$1,257$913$273
27 years$2,921$2,173$1,592$1,151$823$232
28 years$2,786$2,047$1,480$1,054$743$198
29 years$2,661$1,931$1,377$967$671$169
30 years$2,544$1,824$1,283$887$606$144
31 years$2,436$1,724$1,196$815$548$122
32 years$2,334$1,632$1,116$749$496$104
33 years$2,239$1,545$1,042$689$448$89
34 years$2,149$1,464$973$634$406$76
35 years$2,065$1,389$910$583$368$65
36 years$1,985$1,318$851$537$333$55
37 years$1,910$1,252$797$495$302$47
38 years$1,840$1,190$746$456$274$40
39 years$1,772$1,132$699$421$248$34
40 years$1,709$1,077$655$388$225$29
41 years$1,649$1,025$614$358$204$25
42 years$1,591$976$576$330$185$21
43 years$1,537$930$541$305$168$18
44 years$1,485$886$508$282$153$15
45 years$1,436$845$477$260$139$13
46 years$1,389$806$448$240$126$11
47 years$1,344$770$421$222$114$10
48 years$1,301$735$395$205$104$8
49 years$1,260$702$372$190$94$7
50 years$1,220$670$349$175$86$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $1,250,000, adding $6,101 every year, while hoping to spend $39,560 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: 79/6/15 Blend
41$1,250,000$1,250,000$1,250,000$1,250,000
42$1,383,793$1,317,543$1,298,168$1,488,320
43$1,482,849$1,340,011$1,299,565$1,580,471
44$1,590,682$1,362,254$1,299,683$1,675,884
45$1,708,146$1,384,220$1,298,438$1,779,456
46$1,836,181$1,405,851$1,295,739$1,891,989
47$1,975,821$1,427,087$1,291,496$2,014,364
48$2,128,203$1,447,862$1,285,609$2,147,553
49$2,294,579$1,468,107$1,277,977$2,292,625
50$2,476,329$1,487,747$1,268,491$2,450,760
51$2,674,970$1,506,702$1,257,041$2,623,256
52$2,892,173$1,524,886$1,243,508$2,811,546
53$3,129,777$1,542,209$1,227,769$3,017,205
54$3,389,810$1,558,572$1,209,695$3,241,972
55$3,674,501$1,573,873$1,189,150$3,487,762
56$3,986,307$1,587,999$1,165,993$3,756,683
57$4,327,932$1,600,833$1,140,076$4,051,061
58$4,702,357$1,612,250$1,111,244$4,373,458
59$5,112,862$1,622,114$1,079,335$4,726,696
60$5,563,060$1,630,284$1,044,179$5,113,887
61$6,056,932$1,636,608$1,005,599$5,538,459
62$6,598,862$1,640,925$963,410$6,004,189
63$7,193,679$1,643,063$917,417$6,515,240
64$7,846,702$1,642,841$867,418$7,076,202
65$8,563,790$1,640,065$813,201$7,692,130
66$9,351,398$1,634,529$754,544$8,368,596
67$10,216,636$1,626,016$691,217$9,111,741
68$11,167,337$1,614,295$622,977$9,928,333
69$12,212,130$1,599,121$549,572$10,825,830
70$13,360,524$1,580,234$470,739$11,812,451
71$14,622,989$1,557,358$386,201$12,897,255
72$16,011,067$1,530,201$295,671$14,090,224
73$17,537,470$1,498,455$198,850$15,402,360
74$19,216,203$1,461,791$95,423$16,845,788
75$21,062,700$1,419,862$0$18,433,871
76$23,093,962$1,372,303$0$20,183,728
77$25,328,724$1,318,723$0$22,125,649
78$27,787,625$1,258,712$0$24,262,289
79$30,493,408$1,191,834$0$26,613,419
80$33,471,132$1,117,630$0$29,200,826
81$36,748,407$1,035,613$0$32,048,516
82$40,355,655$945,268$0$35,182,941
83$44,326,398$846,053$0$38,633,251
84$48,697,572$737,391$0$42,431,564
85$53,509,877$618,676$0$46,613,274
86$58,808,160$489,267$0$51,217,384
87$64,641,837$348,485$0$56,286,871
88$71,065,358$195,615$0$61,869,094
89$78,138,726$29,901$0$68,016,240
90$85,928,055$0$0$74,785,819
91$94,506,200$0$0$82,251,069
92$103,953,440$0$0$90,474,887
93$114,358,239$0$0$99,532,312
94$125,818,076$0$0$109,508,208
95$138,440,367$0$0$120,496,088
96$152,343,482$0$0$132,599,000
97$167,657,853$0$0$145,930,498
98$184,527,213$0$0$160,615,709
99$203,109,948$0$0$176,792,522
100$223,580,593$0$0$194,612,881