Can I retire at age 42 with 1,310,000?

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 $1,310,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$108,179$107,215$106,275$105,357$104,461$102,985
2 years$53,554$52,556$51,590$50,653$49,743$48,259
3 years$35,348$34,346$33,382$32,454$31,559$30,113
4 years$26,247$25,248$24,294$23,381$22,508$21,111
5 years$20,787$19,795$18,853$17,959$17,110$15,766
6 years$17,149$16,164$15,236$14,362$13,539$12,250
7 years$14,551$13,574$12,661$11,808$11,011$9,777
8 years$12,604$11,636$10,738$9,905$9,135$7,955
9 years$11,090$10,131$9,248$8,437$7,693$6,568
10 years$9,880$8,930$8,063$7,273$6,554$5,483
11 years$8,890$7,950$7,098$6,329$5,637$4,619
12 years$8,066$7,135$6,300$5,552$4,885$3,918
13 years$7,369$6,448$5,628$4,901$4,260$3,343
14 years$6,772$5,861$5,057$4,351$3,734$2,866
15 years$6,255$5,354$4,566$3,880$3,288$2,467
16 years$5,804$4,913$4,140$3,474$2,906$2,130
17 years$5,406$4,524$3,767$3,122$2,576$1,845
18 years$5,052$4,181$3,439$2,813$2,291$1,602
19 years$4,736$3,875$3,148$2,542$2,042$1,393
20 years$4,452$3,600$2,889$2,302$1,824$1,214
21 years$4,196$3,354$2,657$2,089$1,632$1,060
22 years$3,963$3,131$2,449$1,900$1,463$926
23 years$3,750$2,928$2,261$1,730$1,313$810
24 years$3,556$2,743$2,091$1,578$1,180$709
25 years$3,377$2,574$1,937$1,441$1,062$622
26 years$3,213$2,420$1,797$1,318$957$545
27 years$3,061$2,277$1,668$1,206$863$479
28 years$2,920$2,146$1,551$1,105$778$420
29 years$2,789$2,024$1,443$1,013$703$369
30 years$2,667$1,912$1,344$930$635$325
31 years$2,553$1,807$1,253$854$574$286
32 years$2,446$1,710$1,169$785$519$251
33 years$2,346$1,619$1,092$722$470$221
34 years$2,252$1,535$1,020$664$426$195
35 years$2,164$1,456$954$611$385$171
36 years$2,081$1,382$892$563$349$151
37 years$2,002$1,312$835$519$317$133
38 years$1,928$1,247$782$478$287$117
39 years$1,858$1,186$733$441$260$103
40 years$1,791$1,128$687$407$236$91
41 years$1,728$1,074$644$375$214$80
42 years$1,668$1,023$604$346$194$71
43 years$1,611$975$567$320$176$62
44 years$1,556$929$532$295$160$55
45 years$1,505$886$500$273$145$48
46 years$1,455$845$469$252$132$43
47 years$1,408$806$441$233$120$38
48 years$1,363$770$414$215$109$33
49 years$1,320$735$389$199$99$29
50 years$1,279$702$366$184$90$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $1,310,000, adding $2,772 every year, while hoping to spend $28,020 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: 62/25/13 Blend
41$1,310,000$1,310,000$1,310,000$1,310,000
42$1,446,479$1,377,049$1,356,744$1,531,481
43$1,564,207$1,414,712$1,372,382$1,626,504
44$1,693,004$1,453,280$1,387,605$1,726,738
45$1,833,970$1,492,770$1,402,369$1,835,468
46$1,988,314$1,533,196$1,416,628$1,953,520
47$2,157,372$1,574,572$1,430,334$2,081,802
48$2,342,610$1,616,912$1,443,437$2,221,313
49$2,545,645$1,660,230$1,455,881$2,373,154
50$2,768,260$1,704,540$1,467,611$2,538,540
51$3,012,414$1,749,853$1,478,568$2,718,804
52$3,280,268$1,796,184$1,488,688$2,915,419
53$3,574,201$1,843,544$1,497,905$3,130,004
54$3,896,836$1,891,943$1,506,151$3,364,343
55$4,251,058$1,941,393$1,513,352$3,620,403
56$4,640,048$1,991,904$1,519,431$3,900,349
57$5,067,310$2,043,484$1,524,309$4,206,566
58$5,536,703$2,096,142$1,527,901$4,541,681
59$6,052,478$2,149,885$1,530,117$4,908,591
60$6,619,320$2,204,718$1,530,866$5,310,484
61$7,242,389$2,260,648$1,530,048$5,750,874
62$7,927,370$2,317,676$1,527,561$6,233,633
63$8,680,525$2,375,807$1,523,299$6,763,026
64$9,508,757$2,435,039$1,517,147$7,343,754
65$10,419,667$2,495,372$1,508,988$7,980,994
66$11,421,631$2,556,804$1,498,698$8,680,453
67$12,523,880$2,619,330$1,486,146$9,448,417
68$13,736,581$2,682,942$1,471,198$10,291,815
69$15,070,938$2,747,633$1,453,709$11,218,279
70$16,539,297$2,813,389$1,433,531$12,236,222
71$18,155,258$2,880,198$1,410,507$13,354,912
72$19,933,809$2,948,043$1,384,474$14,584,563
73$21,891,465$3,016,904$1,355,261$15,936,429
74$24,046,419$3,086,758$1,322,687$17,422,913
75$26,418,723$3,157,578$1,286,567$19,057,682
76$29,030,469$3,229,335$1,246,702$20,855,796
77$31,905,999$3,301,995$1,202,889$22,833,850
78$35,072,138$3,375,519$1,154,913$25,010,134
79$38,558,442$3,449,866$1,102,548$27,404,800
80$42,397,481$3,524,987$1,045,562$30,040,058
81$46,625,143$3,600,831$983,707$32,940,382
82$51,280,975$3,677,339$916,729$36,132,742
83$56,408,554$3,754,448$844,359$39,646,859
84$62,055,899$3,832,089$766,317$43,515,486
85$68,275,924$3,910,184$682,312$47,774,718
86$75,126,937$3,988,652$592,038$52,464,329
87$82,673,189$4,067,401$495,177$57,628,153
88$90,985,484$4,146,332$391,394$63,314,494
89$100,141,840$4,225,340$280,343$69,576,586
90$110,228,234$4,304,308$161,660$76,473,089
91$121,339,406$4,383,111$34,968$84,068,653
92$133,579,755$4,461,613$0$92,434,518
93$147,064,328$4,539,670$0$101,663,098
94$161,919,900$4,617,124$0$111,833,090
95$178,286,173$4,693,807$0$123,035,043
96$196,317,095$4,769,535$0$135,374,093
97$216,182,311$4,844,115$0$148,966,097
98$238,068,767$4,917,336$0$163,938,728
99$262,182,470$4,988,976$0$180,432,681
100$288,750,439$5,058,792$0$198,602,998