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

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 $1,250,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$103,224$102,304$101,407$100,532$99,677$98,228
2 years$51,101$50,149$49,227$48,333$47,465$46,008
3 years$33,729$32,773$31,853$30,967$30,114$28,695
4 years$25,045$24,092$23,181$22,310$21,477$20,107
5 years$19,835$18,888$17,989$17,136$16,327$15,008
6 years$16,364$15,424$14,538$13,704$12,919$11,654
7 years$13,885$12,953$12,081$11,267$10,506$9,296
8 years$12,027$11,103$10,246$9,451$8,716$7,560
9 years$10,582$9,667$8,825$8,051$7,340$6,238
10 years$9,427$8,521$7,694$6,940$6,254$5,205
11 years$8,483$7,586$6,773$6,040$5,379$4,381
12 years$7,696$6,809$6,011$5,298$4,661$3,714
13 years$7,031$6,153$5,371$4,677$4,065$3,167
14 years$6,462$5,593$4,825$4,152$3,563$2,713
15 years$5,969$5,109$4,357$3,703$3,137$2,334
16 years$5,538$4,688$3,950$3,315$2,773$2,014
17 years$5,158$4,317$3,594$2,979$2,458$1,743
18 years$4,821$3,989$3,281$2,684$2,186$1,512
19 years$4,519$3,697$3,004$2,426$1,948$1,314
20 years$4,248$3,436$2,757$2,197$1,740$1,144
21 years$4,004$3,200$2,536$1,994$1,557$998
22 years$3,781$2,987$2,337$1,813$1,396$872
23 years$3,579$2,794$2,158$1,651$1,253$762
24 years$3,393$2,618$1,996$1,506$1,126$667
25 years$3,223$2,457$1,848$1,375$1,014$584
26 years$3,066$2,309$1,714$1,257$913$512
27 years$2,921$2,173$1,592$1,151$823$449
28 years$2,786$2,047$1,480$1,054$743$394
29 years$2,661$1,931$1,377$967$671$346
30 years$2,544$1,824$1,283$887$606$304
31 years$2,436$1,724$1,196$815$548$267
32 years$2,334$1,632$1,116$749$496$235
33 years$2,239$1,545$1,042$689$448$206
34 years$2,149$1,464$973$634$406$181
35 years$2,065$1,389$910$583$368$160
36 years$1,985$1,318$851$537$333$140
37 years$1,910$1,252$797$495$302$124
38 years$1,840$1,190$746$456$274$109
39 years$1,772$1,132$699$421$248$96
40 years$1,709$1,077$655$388$225$84
41 years$1,649$1,025$614$358$204$74
42 years$1,591$976$576$330$185$65
43 years$1,537$930$541$305$168$57
44 years$1,485$886$508$282$153$51
45 years$1,436$845$477$260$139$45
46 years$1,389$806$448$240$126$39
47 years$1,344$770$421$222$114$35
48 years$1,301$735$395$205$104$30
49 years$1,260$702$372$190$94$27
50 years$1,220$670$349$175$86$24

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 $6,134 every year, while hoping to spend $42,159 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: 83/11/6 Blend
41$1,250,000$1,250,000$1,250,000$1,250,000
42$1,383,827$1,317,577$1,298,202$1,497,686
43$1,480,121$1,337,282$1,296,835$1,592,662
44$1,584,823$1,356,539$1,294,009$1,690,607
45$1,698,748$1,375,282$1,289,631$1,796,834
46$1,822,789$1,393,440$1,283,603$1,912,150
47$1,957,932$1,410,937$1,275,822$2,037,439
48$2,105,260$1,427,692$1,266,181$2,173,677
49$2,265,966$1,443,617$1,254,567$2,321,937
50$2,441,361$1,458,621$1,240,862$2,483,402
51$2,632,891$1,472,605$1,224,942$2,659,375
52$2,842,147$1,485,463$1,206,678$2,851,291
53$3,070,878$1,497,083$1,185,934$3,060,729
54$3,321,013$1,507,346$1,162,569$3,289,430
55$3,594,675$1,516,124$1,136,433$3,539,312
56$3,894,200$1,523,282$1,107,372$3,812,488
57$4,222,161$1,528,677$1,075,222$4,111,286
58$4,581,394$1,532,154$1,039,814$4,438,268
59$4,975,019$1,533,552$1,000,970$4,796,260
60$5,406,472$1,532,697$958,504$5,188,375
61$5,879,539$1,529,407$912,221$5,618,041
62$6,398,391$1,523,486$861,919$6,089,039
63$6,967,617$1,514,728$807,384$6,605,530
64$7,592,278$1,502,913$748,395$7,172,102
65$8,277,943$1,487,809$684,720$7,793,811
66$9,030,752$1,469,169$616,116$8,476,227
67$9,857,462$1,446,733$542,330$9,225,488
68$10,765,523$1,420,223$463,098$10,048,357
69$11,763,139$1,389,345$378,143$10,952,287
70$12,859,346$1,353,790$287,178$11,945,491
71$14,064,102$1,313,229$189,901$13,037,021
72$15,388,375$1,267,312$85,998$14,236,850
73$16,844,252$1,215,672$0$15,555,969
74$18,445,044$1,157,919$0$17,008,082
75$20,205,423$1,093,641$0$18,610,924
76$22,141,547$1,022,401$0$20,373,714
77$24,271,225$943,738$0$22,312,685
78$26,614,073$857,165$0$24,445,727
79$29,191,708$762,166$0$26,792,551
80$32,027,947$658,196$0$29,374,878
81$35,149,030$544,681$0$32,216,643
82$38,583,873$421,011$0$35,344,224
83$42,364,332$286,546$0$38,786,685
84$46,525,514$140,606$0$42,576,058
85$51,106,096$0$0$46,747,639
86$56,148,700$0$0$51,342,443
87$61,700,287$0$0$56,419,801
88$67,812,606$0$0$62,010,022
89$74,542,676$0$0$68,165,261
90$81,953,328$0$0$74,942,986
91$90,113,797$0$0$82,406,523
92$99,100,373$0$0$90,625,650
93$108,997,121$0$0$99,677,258
94$119,896,675$0$0$109,646,076
95$131,901,112$0$0$120,625,467
96$145,122,913$0$0$132,718,315
97$159,686,026$0$0$146,037,988
98$175,727,035$0$0$160,709,414
99$193,396,448$0$0$176,870,255
100$212,860,116$0$0$194,672,209