Can I retire at age 42 with 1,430,000?

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 $1,430,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$118,088$117,036$116,010$115,008$114,030$109,549
2 years$58,459$57,371$56,316$55,292$54,300$49,840
3 years$38,586$37,492$36,440$35,426$34,450$30,152
4 years$28,651$27,561$26,519$25,523$24,570$20,467
5 years$22,692$21,608$20,580$19,604$18,678$14,779
6 years$18,720$17,645$16,631$15,677$14,779$11,088
7 years$15,884$14,818$13,821$12,889$12,019$8,534
8 years$13,758$12,702$11,721$10,812$9,971$6,689
9 years$12,106$11,059$10,095$9,210$8,397$5,313
10 years$10,785$9,748$8,801$7,939$7,155$4,262
11 years$9,704$8,678$7,749$6,909$6,153$3,446
12 years$8,805$7,789$6,877$6,060$5,332$2,803
13 years$8,044$7,039$6,144$5,350$4,650$2,291
14 years$7,393$6,398$5,520$4,749$4,076$1,879
15 years$6,828$5,845$4,984$4,236$3,589$1,546
16 years$6,335$5,363$4,519$3,793$3,172$1,276
17 years$5,901$4,939$4,112$3,408$2,812$1,055
18 years$5,515$4,564$3,754$3,071$2,501$873
19 years$5,170$4,230$3,436$2,775$2,229$724
20 years$4,860$3,930$3,154$2,513$1,991$601
21 years$4,580$3,661$2,901$2,281$1,782$500
22 years$4,326$3,417$2,674$2,074$1,597$415
23 years$4,094$3,196$2,469$1,889$1,434$346
24 years$3,882$2,995$2,283$1,723$1,289$288
25 years$3,687$2,810$2,114$1,573$1,159$240
26 years$3,507$2,641$1,961$1,438$1,044$200
27 years$3,341$2,486$1,821$1,317$942$166
28 years$3,187$2,342$1,693$1,206$850$139
29 years$3,044$2,210$1,575$1,106$767$116
30 years$2,911$2,087$1,467$1,015$693$96
31 years$2,786$1,973$1,368$932$627$80
32 years$2,670$1,867$1,276$857$567$67
33 years$2,561$1,768$1,192$788$513$56
34 years$2,458$1,675$1,114$725$465$47
35 years$2,362$1,589$1,041$667$421$39
36 years$2,271$1,508$974$615$381$33
37 years$2,185$1,432$912$566$346$27
38 years$2,104$1,361$854$522$313$23
39 years$2,028$1,295$800$481$284$19
40 years$1,955$1,232$750$444$258$16
41 years$1,886$1,172$703$410$234$13
42 years$1,821$1,117$659$378$212$11
43 years$1,758$1,064$619$349$192$9
44 years$1,699$1,014$581$322$175$8
45 years$1,643$967$545$298$159$6
46 years$1,589$922$512$275$144$5
47 years$1,537$880$481$254$131$4
48 years$1,488$840$452$235$119$4
49 years$1,441$803$425$217$108$3
50 years$1,396$767$400$200$98$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $1,430,000, adding $5,136 every year, while hoping to spend $52,349 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: 65/16/19 Blend
41$1,430,000$1,430,000$1,430,000$1,430,000
42$1,581,158$1,505,368$1,483,203$1,676,067
43$1,686,737$1,523,432$1,477,191$1,758,455
44$1,801,331$1,540,627$1,469,224$1,842,001
45$1,925,803$1,556,854$1,459,179$1,932,058
46$2,061,105$1,572,010$1,446,932$2,029,264
47$2,208,282$1,585,983$1,432,348$2,134,323
48$2,368,485$1,598,654$1,415,290$2,248,014
49$2,542,980$1,609,897$1,395,612$2,371,192
50$2,733,160$1,619,578$1,373,161$2,504,804
51$2,940,558$1,627,554$1,347,778$2,649,894
52$3,166,862$1,633,671$1,319,296$2,807,610
53$3,413,930$1,637,769$1,287,540$2,979,224
54$3,683,807$1,639,675$1,252,328$3,166,135
55$3,978,743$1,639,207$1,213,469$3,369,887
56$4,301,217$1,636,170$1,170,762$3,592,184
57$4,653,957$1,630,359$1,123,999$3,834,905
58$5,039,969$1,621,554$1,072,961$4,100,123
59$5,462,559$1,609,525$1,017,419$4,390,124
60$5,925,373$1,594,024$957,135$4,707,430
61$6,432,420$1,574,790$891,858$5,054,822
62$6,988,120$1,551,548$821,329$5,435,366
63$7,597,339$1,524,005$745,274$5,852,447
64$8,265,436$1,491,849$663,409$6,309,795
65$8,998,314$1,454,753$575,436$6,811,525
66$9,802,473$1,412,367$481,045$7,362,175
67$10,685,077$1,364,325$379,911$7,966,749
68$11,654,012$1,310,234$271,696$8,630,767
69$12,717,970$1,249,684$156,046$9,360,314
70$13,886,521$1,182,237$32,592$10,162,101
71$15,170,211$1,107,432$0$11,043,529
72$16,580,657$1,024,780$0$12,032,860
73$18,130,655$933,765$0$13,127,348
74$19,834,304$833,842$0$14,330,386
75$21,707,136$724,434$0$15,653,001
76$23,766,264$604,931$0$17,107,349
77$26,030,541$474,690$0$18,706,825
78$28,520,737$333,031$0$20,466,193
79$31,259,739$179,236$0$22,401,725
80$34,272,760$12,546$0$24,531,354
81$37,587,582$0$0$26,874,844
82$41,234,814$0$0$29,483,530
83$45,248,183$0$0$32,356,638
84$49,664,849$0$0$35,518,575
85$54,525,758$0$0$38,998,669
86$59,876,025$0$0$42,829,234
87$65,765,361$0$0$47,045,876
88$72,248,542$0$0$51,687,830
89$79,385,923$0$0$56,798,327
90$87,244,010$0$0$62,425,002
91$95,896,085$0$0$68,620,345
92$105,422,897$0$0$75,442,195
93$115,913,425$0$0$82,954,284
94$127,465,713$0$0$91,226,842
95$140,187,803$0$0$100,337,254
96$154,198,744$0$0$110,370,794
97$169,629,723$0$0$121,421,428
98$186,625,296$0$0$133,592,701
99$205,344,758$0$0$146,998,711
100$225,963,642$0$0$161,765,190