Can I retire at age 42 with 1,270,000?

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 $1,270,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$104,875$103,941$103,030$102,140$101,272$100,465
2 years$51,919$50,952$50,014$49,106$48,225$47,412
3 years$34,269$33,297$32,363$31,463$30,596$29,801
4 years$25,445$24,477$23,552$22,667$21,821$21,052
5 years$20,153$19,190$18,277$17,410$16,588$15,846
6 years$16,625$15,670$14,771$13,923$13,126$12,411
7 years$14,107$13,160$12,274$11,447$10,675$9,989
8 years$12,219$11,281$10,410$9,603$8,856$8,198
9 years$10,751$9,822$8,966$8,179$7,458$6,828
10 years$9,578$8,657$7,817$7,051$6,354$5,753
11 years$8,618$7,707$6,882$6,136$5,465$4,891
12 years$7,819$6,918$6,107$5,382$4,736$4,188
13 years$7,144$6,251$5,456$4,752$4,130$3,608
14 years$6,565$5,682$4,903$4,218$3,620$3,124
15 years$6,064$5,191$4,426$3,762$3,187$2,717
16 years$5,627$4,763$4,013$3,368$2,817$2,370
17 years$5,241$4,386$3,652$3,026$2,498$2,075
18 years$4,898$4,053$3,334$2,727$2,221$1,820
19 years$4,592$3,756$3,052$2,464$1,980$1,601
20 years$4,316$3,491$2,801$2,232$1,768$1,411
21 years$4,068$3,251$2,576$2,026$1,582$1,245
22 years$3,842$3,035$2,374$1,842$1,418$1,100
23 years$3,636$2,839$2,192$1,677$1,273$974
24 years$3,447$2,660$2,028$1,530$1,144$863
25 years$3,274$2,496$1,878$1,397$1,030$765
26 years$3,115$2,346$1,742$1,277$928$679
27 years$2,967$2,208$1,617$1,169$836$603
28 years$2,831$2,080$1,503$1,071$755$536
29 years$2,704$1,962$1,399$982$681$477
30 years$2,585$1,853$1,303$902$616$424
31 years$2,475$1,752$1,215$828$557$378
32 years$2,371$1,658$1,134$761$503$337
33 years$2,274$1,570$1,058$700$456$300
34 years$2,183$1,488$989$644$413$267
35 years$2,098$1,411$925$593$374$238
36 years$2,017$1,339$865$546$339$212
37 years$1,941$1,272$810$503$307$190
38 years$1,869$1,209$758$464$278$169
39 years$1,801$1,150$710$427$252$151
40 years$1,736$1,094$666$394$229$135
41 years$1,675$1,041$624$364$208$120
42 years$1,617$992$586$336$188$107
43 years$1,562$945$549$310$171$96
44 years$1,509$901$516$286$155$86
45 years$1,459$859$484$264$141$76
46 years$1,411$819$455$244$128$68
47 years$1,365$782$427$226$116$61
48 years$1,322$746$402$208$105$54
49 years$1,280$713$377$193$96$49
50 years$1,240$681$355$178$87$43

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $1,270,000, adding $2,365 every year, while hoping to spend $37,227 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: 64/23/13 Blend
41$1,270,000$1,270,000$1,270,000$1,270,000
42$1,401,979$1,334,669$1,314,984$1,487,281
43$1,505,372$1,360,459$1,319,427$1,570,423
44$1,618,063$1,386,265$1,322,771$1,656,678
45$1,740,962$1,412,048$1,324,940$1,749,972
46$1,875,068$1,437,767$1,325,854$1,850,990
47$2,021,485$1,463,376$1,325,429$1,960,487
48$2,181,423$1,488,828$1,323,578$2,079,295
49$2,356,217$1,514,071$1,320,208$2,208,329
50$2,547,339$1,539,047$1,315,221$2,348,601
51$2,756,404$1,563,697$1,308,518$2,501,223
52$2,985,194$1,587,956$1,299,991$2,667,421
53$3,235,672$1,611,754$1,289,529$2,848,547
54$3,509,998$1,635,017$1,277,015$3,046,093
55$3,810,549$1,657,664$1,262,327$3,261,698
56$4,139,947$1,679,611$1,245,336$3,497,175
57$4,501,076$1,700,767$1,225,909$3,754,517
58$4,897,114$1,721,032$1,203,905$4,035,924
59$5,331,561$1,740,304$1,179,178$4,343,819
60$5,808,273$1,758,472$1,151,572$4,680,874
61$6,331,495$1,775,415$1,120,928$5,050,034
62$6,905,905$1,791,008$1,087,077$5,454,544
63$7,536,656$1,805,116$1,049,843$5,897,983
64$8,229,423$1,817,595$1,009,041$6,384,295
65$8,990,460$1,828,293$964,479$6,917,826
66$9,826,654$1,837,046$915,956$7,503,369
67$10,745,593$1,843,682$863,262$8,146,206
68$11,755,638$1,848,017$806,175$8,852,159
69$12,865,998$1,849,855$744,467$9,627,646
70$14,086,820$1,848,988$677,897$10,479,740
71$15,429,284$1,845,197$606,215$11,416,241
72$16,905,706$1,838,246$529,158$12,445,742
73$18,529,655$1,827,888$446,452$13,577,718
74$20,316,084$1,813,858$357,813$14,822,613
75$22,281,465$1,795,878$262,940$16,191,936
76$24,443,950$1,773,651$161,523$17,698,377
77$26,823,535$1,746,862$53,237$19,355,920
78$29,442,257$1,715,180$0$21,179,980
79$32,324,394$1,678,250$0$23,196,194
80$35,496,698$1,635,701$0$25,423,087
81$38,988,647$1,587,136$0$27,873,962
82$42,832,720$1,532,137$0$30,571,623
83$47,064,707$1,470,260$0$33,541,206
84$51,724,041$1,401,038$0$36,810,410
85$56,854,179$1,323,973$0$40,409,762
86$62,503,000$1,238,543$0$44,372,905
87$68,723,266$1,144,192$0$48,736,918
88$75,573,116$1,040,334$0$53,542,661
89$83,116,613$926,350$0$58,835,168
90$91,424,350$801,583$0$64,664,069
91$100,574,117$665,344$0$71,084,059
92$110,651,631$516,900$0$78,155,418
93$121,751,348$355,479$0$85,944,575
94$133,977,354$180,266$0$94,524,745
95$147,444,345$0$0$103,976,611
96$162,278,709$0$0$114,391,523
97$178,619,723$0$0$125,914,610
98$196,620,861$0$0$138,608,490
99$216,451,245$0$0$152,592,439
100$238,297,243$0$0$167,997,896