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%17.4%
1 years$103,224$102,304$101,407$100,532$99,677$96,680
2 years$51,101$50,149$49,227$48,333$47,465$44,471
3 years$33,729$32,773$31,853$30,967$30,114$27,216
4 years$25,045$24,092$23,181$22,310$21,477$18,699
5 years$19,835$18,888$17,989$17,136$16,327$13,675
6 years$16,364$15,424$14,538$13,704$12,919$10,395
7 years$13,885$12,953$12,081$11,267$10,506$8,112
8 years$12,027$11,103$10,246$9,451$8,716$6,449
9 years$10,582$9,667$8,825$8,051$7,340$5,198
10 years$9,427$8,521$7,694$6,940$6,254$4,233
11 years$8,483$7,586$6,773$6,040$5,379$3,476
12 years$7,696$6,809$6,011$5,298$4,661$2,873
13 years$7,031$6,153$5,371$4,677$4,065$2,387
14 years$6,462$5,593$4,825$4,152$3,563$1,991
15 years$5,969$5,109$4,357$3,703$3,137$1,667
16 years$5,538$4,688$3,950$3,315$2,773$1,399
17 years$5,158$4,317$3,594$2,979$2,458$1,177
18 years$4,821$3,989$3,281$2,684$2,186$993
19 years$4,519$3,697$3,004$2,426$1,948$838
20 years$4,248$3,436$2,757$2,197$1,740$709
21 years$4,004$3,200$2,536$1,994$1,557$600
22 years$3,781$2,987$2,337$1,813$1,396$508
23 years$3,579$2,794$2,158$1,651$1,253$431
24 years$3,393$2,618$1,996$1,506$1,126$366
25 years$3,223$2,457$1,848$1,375$1,014$311
26 years$3,066$2,309$1,714$1,257$913$264
27 years$2,921$2,173$1,592$1,151$823$224
28 years$2,786$2,047$1,480$1,054$743$191
29 years$2,661$1,931$1,377$967$671$162
30 years$2,544$1,824$1,283$887$606$138
31 years$2,436$1,724$1,196$815$548$117
32 years$2,334$1,632$1,116$749$496$100
33 years$2,239$1,545$1,042$689$448$85
34 years$2,149$1,464$973$634$406$72
35 years$2,065$1,389$910$583$368$62
36 years$1,985$1,318$851$537$333$52
37 years$1,910$1,252$797$495$302$45
38 years$1,840$1,190$746$456$274$38
39 years$1,772$1,132$699$421$248$32
40 years$1,709$1,077$655$388$225$28
41 years$1,649$1,025$614$358$204$23
42 years$1,591$976$576$330$185$20
43 years$1,537$930$541$305$168$17
44 years$1,485$886$508$282$153$14
45 years$1,436$845$477$260$139$12
46 years$1,389$806$448$240$126$11
47 years$1,344$770$421$222$114$9
48 years$1,301$735$395$205$104$8
49 years$1,260$702$372$190$94$6
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 $3,263 every year, while hoping to spend $36,538 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: 40/37/23 Blend
41$1,250,000$1,250,000$1,250,000$1,250,000
42$1,380,866$1,314,616$1,295,241$1,426,588
43$1,482,838$1,340,156$1,299,755$1,485,338
44$1,593,987$1,365,723$1,303,196$1,545,156
45$1,715,209$1,391,279$1,305,489$1,609,139
46$1,847,494$1,416,785$1,306,556$1,677,690
47$1,991,927$1,442,197$1,306,315$1,751,252
48$2,149,707$1,467,467$1,304,679$1,830,313
49$2,322,150$1,492,546$1,301,559$1,915,413
50$2,510,706$1,517,378$1,296,859$2,007,148
51$2,716,975$1,541,906$1,290,480$2,106,176
52$2,942,713$1,566,066$1,282,318$2,213,223
53$3,189,857$1,589,791$1,272,263$2,329,090
54$3,460,541$1,613,009$1,260,202$2,454,663
55$3,757,111$1,635,641$1,246,014$2,590,919
56$4,082,156$1,657,607$1,229,574$2,738,934
57$4,438,521$1,678,815$1,210,751$2,899,899
58$4,829,346$1,699,173$1,189,407$3,075,129
59$5,258,085$1,718,578$1,165,398$3,266,071
60$5,728,544$1,736,922$1,138,573$3,474,327
61$6,244,915$1,754,091$1,108,774$3,701,662
62$6,811,815$1,769,961$1,075,837$3,950,025
63$7,434,332$1,784,401$1,039,590$4,221,566
64$8,118,069$1,797,271$999,850$4,518,658
65$8,869,198$1,808,423$956,431$4,843,919
66$9,694,519$1,817,699$909,135$5,200,240
67$10,601,524$1,824,930$857,755$5,590,807
68$11,598,465$1,829,937$802,076$6,019,139
69$12,694,436$1,832,531$741,872$6,489,116
70$13,899,452$1,832,510$676,909$7,005,020
71$15,224,551$1,829,658$606,941$7,571,574
72$16,681,892$1,823,748$531,710$8,193,987
73$18,284,872$1,814,538$450,949$8,878,009
74$20,048,250$1,801,772$364,377$9,629,980
75$21,988,290$1,785,177$271,702$10,456,893
76$24,122,911$1,764,465$172,619$11,366,462
77$26,471,855$1,739,331$66,808$12,367,197
78$29,056,876$1,709,450$0$13,468,481
79$31,901,943$1,674,479$0$14,691,980
80$35,033,467$1,634,054$0$16,056,026
81$38,480,548$1,587,791$0$17,556,883
82$42,275,252$1,535,281$0$19,208,527
83$46,452,911$1,476,093$0$21,026,365
84$51,052,458$1,409,771$0$23,027,379
85$56,116,790$1,335,832$0$25,230,292
86$61,693,180$1,253,764$0$27,655,740
87$67,833,714$1,163,029$0$30,326,476
88$74,595,789$1,063,054$0$33,267,575
89$82,042,652$953,235$0$36,506,683
90$90,243,995$832,936$0$40,074,270
91$99,276,613$701,481$0$44,003,927
92$109,225,133$558,159$0$48,332,678
93$120,182,804$402,216$0$53,101,336
94$132,252,384$232,858$0$58,354,886
95$145,547,105$49,246$0$64,142,915
96$160,191,744$0$0$70,520,080
97$176,323,801$0$0$77,607,496
98$194,094,790$0$0$85,437,293
99$213,671,679$0$0$94,063,016
100$235,238,455$0$0$103,565,762