Can I retire at age 42 with 1,400,000?

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 $1,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$115,611$114,581$113,576$112,596$111,638$107,421
2 years$57,233$56,167$55,134$54,132$53,161$48,961
3 years$37,776$36,706$35,675$34,683$33,727$29,677
4 years$28,050$26,983$25,963$24,987$24,055$20,185
5 years$22,216$21,155$20,148$19,193$18,286$14,607
6 years$18,327$17,274$16,283$15,349$14,469$10,983
7 years$15,551$14,507$13,531$12,619$11,767$8,473
8 years$13,470$12,435$11,475$10,586$9,762$6,656
9 years$11,852$10,827$9,884$9,017$8,221$5,300
10 years$10,558$9,544$8,617$7,772$7,005$4,263
11 years$9,501$8,496$7,586$6,764$6,024$3,455
12 years$8,620$7,626$6,732$5,933$5,221$2,818
13 years$7,875$6,891$6,015$5,238$4,552$2,309
14 years$7,237$6,264$5,405$4,650$3,991$1,900
15 years$6,685$5,722$4,880$4,147$3,514$1,568
16 years$6,203$5,250$4,424$3,713$3,105$1,297
17 years$5,777$4,835$4,026$3,336$2,753$1,076
18 years$5,399$4,468$3,675$3,007$2,448$893
19 years$5,062$4,141$3,364$2,717$2,182$743
20 years$4,758$3,848$3,088$2,460$1,949$619
21 years$4,484$3,584$2,840$2,233$1,744$516
22 years$4,235$3,346$2,617$2,030$1,563$430
23 years$4,008$3,129$2,417$1,849$1,403$359
24 years$3,800$2,932$2,235$1,686$1,261$300
25 years$3,609$2,751$2,070$1,540$1,135$251
26 years$3,434$2,586$1,920$1,408$1,022$209
27 years$3,271$2,434$1,783$1,289$922$175
28 years$3,120$2,293$1,657$1,181$832$146
29 years$2,980$2,163$1,542$1,083$751$123
30 years$2,850$2,043$1,437$994$679$103
31 years$2,728$1,931$1,339$913$614$86
32 years$2,614$1,827$1,250$839$555$72
33 years$2,507$1,731$1,167$771$502$60
34 years$2,407$1,640$1,090$710$455$50
35 years$2,312$1,556$1,019$653$412$42
36 years$2,224$1,477$953$602$373$35
37 years$2,140$1,402$892$554$338$30
38 years$2,060$1,333$836$511$307$25
39 years$1,985$1,267$783$471$278$21
40 years$1,914$1,206$734$435$252$17
41 years$1,847$1,148$688$401$229$15
42 years$1,782$1,093$646$370$208$12
43 years$1,721$1,042$606$342$188$10
44 years$1,663$993$569$315$171$9
45 years$1,608$947$534$291$155$7
46 years$1,555$903$501$269$141$6
47 years$1,505$862$471$249$128$5
48 years$1,457$823$443$230$116$4
49 years$1,411$786$416$212$106$4
50 years$1,367$751$391$196$96$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $1,400,000, adding $4,693 every year, while hoping to spend $29,500 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: 35/41/24 Blend
41$1,400,000$1,400,000$1,400,000$1,400,000
42$1,547,641$1,473,441$1,451,741$1,590,418
43$1,674,112$1,514,252$1,468,986$1,663,341
44$1,812,495$1,556,074$1,485,821$1,738,941
45$1,963,974$1,598,925$1,502,200$1,819,923
46$2,129,851$1,642,824$1,518,075$1,906,788
47$2,311,562$1,687,789$1,533,397$2,000,082
48$2,510,688$1,733,838$1,548,113$2,100,412
49$2,728,971$1,780,988$1,562,168$2,208,443
50$2,968,328$1,829,258$1,575,502$2,324,907
51$3,230,871$1,878,665$1,588,054$2,450,611
52$3,518,926$1,929,226$1,599,760$2,586,444
53$3,835,055$1,980,957$1,610,552$2,733,384
54$4,182,082$2,033,875$1,620,356$2,892,510
55$4,563,115$2,087,995$1,629,098$3,065,007
56$4,981,578$2,143,333$1,636,699$3,252,186
57$5,441,245$2,199,902$1,643,074$3,455,485
58$5,946,272$2,257,717$1,648,137$3,676,492
59$6,501,237$2,316,790$1,651,794$3,916,957
60$7,111,184$2,377,134$1,653,951$4,178,806
61$7,781,671$2,438,760$1,654,504$4,464,161
62$8,518,820$2,501,678$1,653,349$4,775,364
63$9,329,375$2,565,896$1,650,372$5,114,990
64$10,220,769$2,631,422$1,645,457$5,485,881
65$11,201,189$2,698,263$1,638,481$5,891,167
66$12,279,655$2,766,423$1,629,315$6,334,298
67$13,466,107$2,835,905$1,617,824$6,819,075
68$14,771,496$2,906,710$1,603,867$7,349,687
69$16,207,888$2,978,838$1,587,296$7,930,751
70$17,788,577$3,052,286$1,567,955$8,567,356
71$19,528,212$3,127,049$1,545,682$9,265,109
72$21,442,934$3,203,118$1,520,307$10,030,191
73$23,550,528$3,280,485$1,491,651$10,869,411
74$25,870,588$3,359,136$1,459,528$11,790,278
75$28,424,709$3,439,054$1,423,743$12,801,064
76$31,236,683$3,520,221$1,384,092$13,910,886
77$34,332,727$3,602,614$1,340,361$15,129,795
78$37,741,729$3,686,207$1,292,328$16,468,867
79$41,495,522$3,770,967$1,239,757$17,940,307
80$45,629,182$3,856,862$1,182,406$19,557,569
81$50,181,361$3,943,850$1,120,019$21,335,481
82$55,194,649$4,031,888$1,052,328$23,290,386
83$60,715,978$4,120,925$979,056$25,440,294
84$66,797,064$4,210,907$899,911$27,805,056
85$73,494,895$4,301,772$814,589$30,406,551
86$80,872,267$4,393,452$722,770$33,268,892
87$88,998,380$4,485,872$624,124$36,418,653
88$97,949,485$4,578,951$518,303$39,885,126
89$107,809,612$4,672,598$404,946$43,700,592
90$118,671,354$4,766,717$283,673$47,900,627
91$130,636,746$4,861,200$154,090$52,524,445
92$143,818,227$4,955,931$15,784$57,615,259
93$158,339,699$5,050,786$0$63,220,700
94$174,337,701$5,145,626$0$69,427,014
95$191,962,689$5,240,305$0$76,264,807
96$211,380,467$5,334,664$0$83,793,913
97$232,773,743$5,428,530$0$92,084,728
98$256,343,855$5,521,718$0$101,214,827
99$282,312,675$5,614,029$0$111,269,700
100$310,924,699$5,705,248$0$122,343,556