Can I retire at age 42 with 1,350,000?

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 $1,350,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$111,482$110,489$109,520$108,574$107,651$106,571
2 years$55,189$54,161$53,165$52,199$51,262$50,175
3 years$36,427$35,395$34,401$33,445$32,523$31,461
4 years$27,048$26,019$25,035$24,095$23,196$22,168
5 years$21,422$20,399$19,428$18,507$17,633$16,643
6 years$17,673$16,657$15,701$14,800$13,952$13,000
7 years$14,996$13,989$13,048$12,168$11,347$10,434
8 years$12,989$11,991$11,065$10,208$9,413$8,539
9 years$11,429$10,440$9,531$8,695$7,927$7,091
10 years$10,181$9,203$8,309$7,495$6,755$5,956
11 years$9,161$8,193$7,315$6,523$5,809$5,048
12 years$8,312$7,353$6,492$5,721$5,034$4,310
13 years$7,594$6,645$5,800$5,051$4,390$3,701
14 years$6,979$6,040$5,211$4,484$3,848$3,194
15 years$6,446$5,518$4,705$3,999$3,388$2,768
16 years$5,981$5,063$4,266$3,580$2,994$2,407
17 years$5,571$4,662$3,882$3,217$2,655$2,099
18 years$5,206$4,308$3,544$2,899$2,361$1,835
19 years$4,881$3,993$3,244$2,620$2,104$1,608
20 years$4,588$3,710$2,977$2,373$1,880$1,412
21 years$4,324$3,456$2,738$2,153$1,682$1,242
22 years$4,084$3,226$2,524$1,958$1,508$1,093
23 years$3,865$3,017$2,330$1,783$1,353$964
24 years$3,665$2,827$2,155$1,626$1,216$851
25 years$3,481$2,653$1,996$1,485$1,095$751
26 years$3,311$2,493$1,851$1,358$986$664
27 years$3,154$2,347$1,719$1,243$889$588
28 years$3,009$2,211$1,598$1,139$802$520
29 years$2,874$2,086$1,487$1,044$724$461
30 years$2,748$1,970$1,385$958$654$409
31 years$2,631$1,862$1,291$880$592$362
32 years$2,521$1,762$1,205$809$535$321
33 years$2,418$1,669$1,125$744$484$285
34 years$2,321$1,582$1,051$684$439$253
35 years$2,230$1,500$983$630$397$225
36 years$2,144$1,424$919$580$360$200
37 years$2,063$1,352$861$535$326$177
38 years$1,987$1,285$806$493$296$157
39 years$1,914$1,222$755$454$268$140
40 years$1,846$1,163$708$419$243$124
41 years$1,781$1,107$664$387$221$110
42 years$1,719$1,054$622$357$200$98
43 years$1,660$1,004$584$329$182$87
44 years$1,604$957$548$304$165$78
45 years$1,551$913$515$281$150$69
46 years$1,500$871$484$259$136$61
47 years$1,451$831$454$240$123$55
48 years$1,405$793$427$222$112$49
49 years$1,361$758$401$205$102$43
50 years$1,318$724$377$189$92$38

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $1,350,000, adding $4,490 every year, while hoping to spend $40,269 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: 45/26/29 Blend
41$1,350,000$1,350,000$1,350,000$1,350,000
42$1,492,331$1,420,781$1,399,856$1,546,792
43$1,601,703$1,447,554$1,403,906$1,612,791
44$1,720,882$1,474,288$1,406,741$1,680,125
45$1,850,824$1,500,941$1,408,279$1,752,389
46$1,992,584$1,527,463$1,408,433$1,830,065
47$2,147,323$1,553,804$1,407,110$1,913,689
48$2,316,317$1,579,907$1,404,216$2,003,850
49$2,500,972$1,605,714$1,399,648$2,101,198
50$2,702,837$1,631,159$1,393,302$2,206,451
51$2,923,614$1,656,175$1,385,066$2,320,404
52$3,165,182$1,680,686$1,374,824$2,443,931
53$3,429,605$1,704,614$1,362,455$2,578,000
54$3,719,159$1,727,875$1,347,832$2,723,676
55$4,036,349$1,750,376$1,330,820$2,882,139
56$4,383,934$1,772,022$1,311,280$3,054,688
57$4,764,953$1,792,709$1,289,066$3,242,758
58$5,182,753$1,812,326$1,264,024$3,447,932
59$5,641,019$1,830,756$1,235,994$3,671,958
60$6,143,811$1,847,871$1,204,808$3,916,766
61$6,695,602$1,863,539$1,170,291$4,184,483
62$7,301,317$1,877,615$1,132,259$4,477,458
63$7,966,381$1,889,948$1,090,520$4,798,284
64$8,696,772$1,900,376$1,044,873$5,149,819
65$9,499,075$1,908,727$995,108$5,535,221
66$10,380,543$1,914,816$941,006$5,957,968
67$11,349,165$1,918,449$882,337$6,421,904
68$12,413,746$1,919,420$818,861$6,931,264
69$13,583,984$1,917,507$750,329$7,490,723
70$14,870,564$1,912,478$676,478$8,105,439
71$16,285,256$1,904,084$597,035$8,781,098
72$17,841,031$1,892,063$511,714$9,523,976
73$19,552,177$1,876,135$420,217$10,340,993
74$21,434,437$1,856,004$322,233$11,239,782
75$23,505,159$1,831,357$217,437$12,228,763
76$25,783,453$1,801,861$105,489$13,317,220
77$28,290,377$1,767,164$0$14,515,395
78$31,049,133$1,726,893$0$15,838,907
79$34,085,286$1,680,652$0$17,330,999
80$37,427,005$1,628,024$0$18,972,850
81$41,105,327$1,568,565$0$20,779,729
82$45,154,452$1,501,806$0$22,768,468
83$49,612,064$1,427,253$0$24,957,617
84$54,519,686$1,344,379$0$27,367,624
85$59,923,072$1,252,632$0$30,021,027
86$65,872,638$1,151,424$0$32,942,664
87$72,423,938$1,040,135$0$36,159,916
88$79,638,188$918,110$0$39,702,960
89$87,582,843$784,657$0$43,605,055
90$96,332,231$639,043$0$47,902,862
91$105,968,259$480,497$0$52,636,784
92$116,581,181$308,201$0$57,851,357
93$128,270,453$121,294$0$63,595,662
94$141,145,667$0$0$69,923,798
95$155,327,588$0$0$76,918,602
96$170,949,296$0$0$84,661,994
97$188,157,434$0$0$93,191,989
98$207,113,598$0$0$102,588,719
99$227,995,860$0$0$112,940,487
100$251,000,448$0$0$124,344,599