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%14.7%
1 years$108,179$107,215$106,275$105,357$104,461$102,436
2 years$53,554$52,556$51,590$50,653$49,743$47,711
3 years$35,348$34,346$33,382$32,454$31,559$29,583
4 years$26,247$25,248$24,294$23,381$22,508$20,604
5 years$20,787$19,795$18,853$17,959$17,110$15,283
6 years$17,149$16,164$15,236$14,362$13,539$11,791
7 years$14,551$13,574$12,661$11,808$11,011$9,342
8 years$12,604$11,636$10,738$9,905$9,135$7,545
9 years$11,090$10,131$9,248$8,437$7,693$6,181
10 years$9,880$8,930$8,063$7,273$6,554$5,120
11 years$8,890$7,950$7,098$6,329$5,637$4,277
12 years$8,066$7,135$6,300$5,552$4,885$3,598
13 years$7,369$6,448$5,628$4,901$4,260$3,044
14 years$6,772$5,861$5,057$4,351$3,734$2,587
15 years$6,255$5,354$4,566$3,880$3,288$2,207
16 years$5,804$4,913$4,140$3,474$2,906$1,888
17 years$5,406$4,524$3,767$3,122$2,576$1,620
18 years$5,052$4,181$3,439$2,813$2,291$1,393
19 years$4,736$3,875$3,148$2,542$2,042$1,201
20 years$4,452$3,600$2,889$2,302$1,824$1,036
21 years$4,196$3,354$2,657$2,089$1,632$895
22 years$3,963$3,131$2,449$1,900$1,463$775
23 years$3,750$2,928$2,261$1,730$1,313$671
24 years$3,556$2,743$2,091$1,578$1,180$582
25 years$3,377$2,574$1,937$1,441$1,062$505
26 years$3,213$2,420$1,797$1,318$957$438
27 years$3,061$2,277$1,668$1,206$863$381
28 years$2,920$2,146$1,551$1,105$778$331
29 years$2,789$2,024$1,443$1,013$703$288
30 years$2,667$1,912$1,344$930$635$250
31 years$2,553$1,807$1,253$854$574$218
32 years$2,446$1,710$1,169$785$519$189
33 years$2,346$1,619$1,092$722$470$165
34 years$2,252$1,535$1,020$664$426$143
35 years$2,164$1,456$954$611$385$125
36 years$2,081$1,382$892$563$349$109
37 years$2,002$1,312$835$519$317$95
38 years$1,928$1,247$782$478$287$83
39 years$1,858$1,186$733$441$260$72
40 years$1,791$1,128$687$407$236$63
41 years$1,728$1,074$644$375$214$55
42 years$1,668$1,023$604$346$194$48
43 years$1,611$975$567$320$176$41
44 years$1,556$929$532$295$160$36
45 years$1,505$886$500$273$145$32
46 years$1,455$845$469$252$132$27
47 years$1,408$806$441$233$120$24
48 years$1,363$770$414$215$109$21
49 years$1,320$735$389$199$99$18
50 years$1,279$702$366$184$90$16

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 $3,789 every year, while hoping to spend $32,060 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: 47/45/8 Blend
41$1,310,000$1,310,000$1,310,000$1,310,000
42$1,447,528$1,378,098$1,357,793$1,512,242
43$1,561,065$1,411,514$1,369,168$1,590,524
44$1,685,107$1,445,492$1,379,849$1,671,772
45$1,820,694$1,480,026$1,389,779$1,759,201
46$1,968,967$1,515,110$1,398,899$1,853,396
47$2,131,184$1,550,733$1,407,145$1,954,998
48$2,308,731$1,586,886$1,414,451$2,064,715
49$2,503,134$1,623,555$1,420,747$2,183,325
50$2,716,071$1,660,726$1,425,960$2,311,686
51$2,949,393$1,698,384$1,430,012$2,450,741
52$3,205,136$1,736,511$1,432,822$2,601,531
53$3,485,545$1,775,085$1,434,307$2,765,201
54$3,793,090$1,814,083$1,434,376$2,943,012
55$4,130,494$1,853,482$1,432,936$3,136,356
56$4,500,753$1,893,252$1,429,888$3,346,762
57$4,907,171$1,933,362$1,425,131$3,575,920
58$5,353,385$1,973,779$1,418,555$3,825,688
59$5,843,402$2,014,466$1,410,048$4,098,114
60$6,381,635$2,055,381$1,399,491$4,395,457
61$6,972,948$2,096,481$1,386,760$4,720,202
62$7,622,697$2,137,717$1,371,725$5,075,091
63$8,336,783$2,179,036$1,354,249$5,463,146
64$9,121,708$2,220,382$1,334,189$5,887,694
65$9,984,634$2,261,693$1,311,397$6,352,404
66$10,933,454$2,302,902$1,285,715$6,861,320
67$11,976,859$2,343,938$1,256,980$7,418,896
68$13,124,431$2,384,722$1,225,020$8,030,043
69$14,386,721$2,425,172$1,189,657$8,700,174
70$15,775,358$2,465,197$1,150,702$9,435,253
71$17,303,154$2,504,701$1,107,960$10,241,854
72$18,984,225$2,543,581$1,061,225$11,127,222
73$20,834,123$2,581,723$1,010,284$12,099,344
74$22,869,987$2,619,011$954,911$13,167,020
75$25,110,698$2,655,315$894,873$14,339,952
76$27,577,063$2,690,499$829,925$15,628,830
77$30,292,007$2,724,417$759,811$17,045,440
78$33,280,790$2,756,912$684,264$18,602,768
79$36,571,249$2,787,819$603,005$20,315,130
80$40,194,052$2,816,958$515,741$22,198,303
81$44,182,996$2,844,139$422,169$24,269,677
82$48,575,320$2,869,161$321,971$26,548,419
83$53,412,060$2,891,807$214,814$29,055,652
84$58,738,432$2,911,848$100,352$31,814,660
85$64,604,262$2,929,038$0$34,851,103
86$71,064,454$2,943,118$0$38,195,126
87$78,179,508$2,953,810$0$41,885,304
88$86,016,091$2,960,821$0$45,947,451
89$94,647,667$2,963,836$0$50,419,470
90$104,155,190$2,962,524$0$55,343,131
91$114,627,863$2,956,532$0$60,764,473
92$126,163,988$2,945,484$0$66,734,231
93$138,871,886$2,928,984$0$73,308,322
94$152,870,923$2,906,610$0$80,548,371
95$168,292,637$2,877,913$0$88,522,294
96$185,281,975$2,842,420$0$97,304,944
97$203,998,666$2,799,628$0$106,978,811
98$224,618,723$2,749,004$0$117,634,809
99$247,336,111$2,689,983$0$129,373,133
100$272,364,570$2,621,968$0$142,304,205