Can I retire at age 42 with 1,360,000?

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 $1,360,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$112,308$111,307$110,331$109,379$108,448$107,540
2 years$55,598$54,562$53,559$52,586$51,642$50,726
3 years$36,697$35,657$34,656$33,692$32,764$31,869
4 years$27,248$26,212$25,221$24,273$23,367$22,501
5 years$21,581$20,550$19,572$18,644$17,764$16,928
6 years$17,804$16,781$15,817$14,910$14,056$13,252
7 years$15,107$14,093$13,144$12,258$11,431$10,659
8 years$13,085$12,080$11,147$10,283$9,483$8,743
9 years$11,513$10,518$9,601$8,759$7,986$7,278
10 years$10,257$9,271$8,371$7,550$6,805$6,128
11 years$9,229$8,253$7,369$6,571$5,852$5,207
12 years$8,374$7,408$6,540$5,764$5,071$4,456
13 years$7,650$6,694$5,843$5,088$4,422$3,837
14 years$7,031$6,085$5,250$4,517$3,877$3,320
15 years$6,494$5,559$4,740$4,028$3,413$2,885
16 years$6,025$5,100$4,298$3,607$3,017$2,515
17 years$5,612$4,697$3,911$3,241$2,675$2,200
18 years$5,245$4,340$3,570$2,921$2,378$1,929
19 years$4,917$4,022$3,268$2,639$2,120$1,695
20 years$4,622$3,738$2,999$2,390$1,893$1,493
21 years$4,356$3,482$2,759$2,169$1,694$1,316
22 years$4,114$3,250$2,543$1,972$1,519$1,163
23 years$3,893$3,040$2,348$1,796$1,363$1,028
24 years$3,692$2,848$2,171$1,638$1,225$910
25 years$3,506$2,673$2,011$1,496$1,103$807
26 years$3,335$2,512$1,865$1,368$993$715
27 years$3,178$2,364$1,732$1,252$896$635
28 years$3,031$2,228$1,610$1,147$808$564
29 years$2,895$2,101$1,498$1,052$730$501
30 years$2,768$1,985$1,396$966$659$446
31 years$2,650$1,876$1,301$887$596$396
32 years$2,539$1,775$1,214$815$539$353
33 years$2,436$1,681$1,133$749$488$314
34 years$2,338$1,593$1,059$690$442$280
35 years$2,246$1,511$990$635$400$249
36 years$2,160$1,434$926$585$363$222
37 years$2,078$1,362$867$539$329$198
38 years$2,001$1,295$812$496$298$176
39 years$1,928$1,231$761$458$270$157
40 years$1,859$1,171$713$422$245$140
41 years$1,794$1,115$668$390$222$125
42 years$1,731$1,062$627$360$202$112
43 years$1,672$1,012$588$332$183$99
44 years$1,616$964$552$306$166$89
45 years$1,562$920$519$283$151$79
46 years$1,511$877$487$261$137$71
47 years$1,462$837$458$242$124$63
48 years$1,415$799$430$223$113$56
49 years$1,371$763$404$206$103$50
50 years$1,328$729$380$191$93$45

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $1,360,000, adding $4,075 every year, while hoping to spend $25,509 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: 55/27/18 Blend
41$1,360,000$1,360,000$1,360,000$1,360,000
42$1,502,923$1,430,843$1,409,763$1,578,121
43$1,629,080$1,473,813$1,429,849$1,672,854
44$1,767,250$1,518,034$1,449,753$1,772,890
45$1,918,631$1,563,539$1,469,441$1,881,260
46$2,084,544$1,610,365$1,488,880$1,998,767
47$2,266,441$1,658,546$1,508,031$2,126,295
48$2,465,924$1,708,121$1,526,856$2,264,817
49$2,684,756$1,759,127$1,545,313$2,415,406
50$2,924,879$1,811,602$1,563,359$2,579,242
51$3,188,432$1,865,586$1,580,947$2,757,623
52$3,477,772$1,921,119$1,598,028$2,951,981
53$3,795,494$1,978,244$1,614,552$3,163,891
54$4,144,458$2,037,001$1,630,463$3,395,088
55$4,527,814$2,097,435$1,645,705$3,647,483
56$4,949,032$2,159,591$1,660,217$3,923,180
57$5,411,934$2,223,512$1,673,935$4,224,498
58$5,920,733$2,289,245$1,686,793$4,553,990
59$6,480,068$2,356,838$1,698,721$4,914,469
60$7,095,050$2,426,339$1,709,644$5,309,032
61$7,771,313$2,497,797$1,719,484$5,741,094
62$8,515,060$2,571,262$1,728,160$6,214,413
63$9,333,128$2,646,786$1,735,585$6,733,132
64$10,233,049$2,724,421$1,741,670$7,301,815
65$11,223,122$2,804,220$1,746,318$7,925,488
66$12,312,492$2,886,237$1,749,431$8,609,691
67$13,511,232$2,970,529$1,750,903$9,360,527
68$14,830,444$3,057,152$1,750,624$10,184,719
69$16,282,360$3,146,162$1,748,480$11,089,676
70$17,880,455$3,237,619$1,744,350$12,083,562
71$19,639,582$3,331,582$1,738,105$13,175,369
72$21,576,102$3,428,112$1,729,614$14,375,007
73$23,708,045$3,527,271$1,718,737$15,693,398
74$26,055,279$3,629,120$1,705,328$17,142,572
75$28,639,694$3,733,724$1,689,234$18,735,787
76$31,485,413$3,841,147$1,670,293$20,487,654
77$34,619,017$3,951,455$1,648,340$22,414,268
78$38,069,794$4,064,713$1,623,196$24,533,370
79$41,870,018$4,180,990$1,594,679$26,864,505
80$46,055,255$4,300,353$1,562,595$29,429,212
81$50,664,692$4,422,871$1,526,743$32,251,227
82$55,741,514$4,548,615$1,486,912$35,356,702
83$61,333,305$4,677,654$1,442,881$38,774,459
84$67,492,503$4,810,061$1,394,419$42,536,258
85$74,276,891$4,945,905$1,341,284$46,677,096
86$81,750,140$5,085,262$1,283,223$51,235,538
87$89,982,417$5,228,202$1,219,974$56,254,084
88$99,051,040$5,374,800$1,151,259$61,779,566
89$109,041,210$5,525,129$1,076,790$67,863,593
90$120,046,816$5,679,264$996,266$74,563,035
91$132,171,322$5,837,278$909,371$81,940,565
92$145,528,739$5,999,247$815,777$90,065,244
93$160,244,705$6,165,244$715,140$99,013,179
94$176,457,668$6,335,345$607,101$108,868,239
95$194,320,196$6,509,622$491,284$119,722,845
96$214,000,413$6,688,150$367,299$131,678,847
97$235,683,587$6,871,002$234,736$144,848,482
98$259,573,883$7,058,251$93,169$159,355,432
99$285,896,281$7,249,967$0$175,335,999
100$314,898,709$7,446,223$0$192,951,505