Can I retire at age 42 with 1,450,000?

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 $1,450,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$119,740$118,673$117,632$116,617$115,625$111,745
2 years$59,277$58,173$57,103$56,066$55,060$51,189
3 years$39,125$38,017$36,950$35,922$34,932$31,192
4 years$29,052$27,946$26,890$25,880$24,914$21,333
5 years$23,009$21,910$20,868$19,878$18,939$15,527
6 years$18,982$17,891$16,864$15,897$14,986$11,746
7 years$16,106$15,025$14,014$13,070$12,188$9,119
8 years$13,951$12,879$11,885$10,964$10,111$7,211
9 years$12,275$11,214$10,237$9,339$8,515$5,780
10 years$10,935$9,884$8,925$8,050$7,255$4,681
11 years$9,840$8,799$7,857$7,006$6,239$3,822
12 years$8,928$7,898$6,973$6,145$5,407$3,140
13 years$8,156$7,137$6,230$5,425$4,715$2,592
14 years$7,496$6,488$5,598$4,816$4,133$2,149
15 years$6,924$5,927$5,054$4,295$3,639$1,788
16 years$6,424$5,438$4,582$3,846$3,216$1,491
17 years$5,983$5,008$4,169$3,455$2,852$1,246
18 years$5,592$4,627$3,806$3,114$2,536$1,044
19 years$5,242$4,289$3,484$2,814$2,260$875
20 years$4,928$3,985$3,198$2,548$2,019$735
21 years$4,644$3,712$2,941$2,313$1,807$618
22 years$4,386$3,465$2,711$2,103$1,619$520
23 years$4,151$3,241$2,503$1,915$1,454$438
24 years$3,936$3,036$2,315$1,747$1,307$369
25 years$3,738$2,850$2,144$1,595$1,176$311
26 years$3,556$2,678$1,989$1,459$1,059$262
27 years$3,388$2,520$1,846$1,335$955$221
28 years$3,232$2,375$1,717$1,223$862$187
29 years$3,087$2,241$1,597$1,122$778$158
30 years$2,952$2,116$1,488$1,029$703$133
31 years$2,825$2,000$1,387$945$635$112
32 years$2,707$1,893$1,294$869$575$95
33 years$2,597$1,792$1,208$799$520$80
34 years$2,493$1,699$1,129$735$471$68
35 years$2,395$1,611$1,056$677$427$57
36 years$2,303$1,529$988$623$387$48
37 years$2,216$1,453$924$574$350$41
38 years$2,134$1,380$866$529$318$35
39 years$2,056$1,313$811$488$288$29
40 years$1,982$1,249$760$450$261$25
41 years$1,912$1,189$713$415$237$21
42 years$1,846$1,132$669$383$215$18
43 years$1,783$1,079$627$354$195$15
44 years$1,723$1,028$589$327$177$13
45 years$1,666$981$553$302$161$11
46 years$1,611$935$519$279$146$9
47 years$1,559$893$488$257$133$8
48 years$1,509$852$458$238$120$6
49 years$1,461$814$431$220$109$5
50 years$1,416$777$405$203$99$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $1,450,000, adding $3,769 every year, while hoping to spend $33,746 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: 55/21/24 Blend
41$1,450,000$1,450,000$1,450,000$1,450,000
42$1,601,788$1,524,938$1,502,463$1,679,154
43$1,729,265$1,563,754$1,516,890$1,771,508
44$1,868,613$1,603,342$1,530,669$1,868,190
45$2,021,008$1,643,702$1,543,743$1,972,778
46$2,187,745$1,684,837$1,556,052$2,086,041
47$2,370,247$1,726,746$1,567,532$2,208,828
48$2,570,084$1,769,429$1,578,116$2,342,072
49$2,788,983$1,812,882$1,587,734$2,486,803
50$3,028,848$1,857,101$1,596,312$2,644,155
51$3,291,774$1,902,083$1,603,772$2,815,379
52$3,580,069$1,947,819$1,610,032$3,001,850
53$3,896,275$1,994,300$1,615,006$3,205,087
54$4,243,191$2,041,518$1,618,606$3,426,762
55$4,623,902$2,089,457$1,620,734$3,668,718
56$5,041,805$2,138,105$1,621,294$3,932,986
57$5,500,641$2,187,444$1,620,179$4,221,805
58$6,004,532$2,237,455$1,617,281$4,537,642
59$6,558,019$2,288,115$1,612,485$4,883,215
60$7,166,104$2,339,400$1,605,670$5,261,521
61$7,834,298$2,391,282$1,596,711$5,675,862
62$8,568,671$2,443,729$1,585,475$6,129,879
63$9,375,911$2,496,707$1,571,824$6,627,584
64$10,263,386$2,550,178$1,555,613$7,173,397
65$11,239,215$2,604,100$1,536,689$7,772,193
66$12,312,340$2,658,427$1,514,893$8,429,342
67$13,492,616$2,713,107$1,490,060$9,150,765
68$14,790,899$2,768,086$1,462,013$9,942,986
69$16,219,151$2,823,302$1,430,571$10,813,197
70$17,790,552$2,878,692$1,395,543$11,769,325
71$19,519,623$2,934,182$1,356,728$12,820,106
72$21,422,364$2,989,696$1,313,917$13,975,168
73$23,516,404$3,045,150$1,266,892$15,245,124
74$25,821,168$3,100,453$1,215,424$16,641,672
75$28,358,060$3,155,508$1,159,274$18,177,703
76$31,150,664$3,210,210$1,098,191$19,867,427
77$34,224,965$3,264,444$1,031,915$21,726,503
78$37,609,600$3,318,090$960,171$23,772,194
79$41,336,117$3,371,015$882,676$26,023,523
80$45,439,286$3,423,079$799,130$28,501,457
81$49,957,414$3,474,131$709,222$31,229,105
82$54,932,717$3,524,010$612,627$34,231,937
83$60,411,708$3,572,541$509,005$37,538,025
84$66,445,647$3,619,539$398,001$41,178,306
85$73,091,013$3,664,807$279,244$45,186,879
86$80,410,046$3,708,132$152,348$49,601,323
87$88,471,329$3,749,289$16,910$54,463,058
88$97,350,435$3,788,034$0$59,817,731
89$107,130,643$3,824,112$0$65,748,336
90$117,903,723$3,857,247$0$72,284,381
91$129,770,797$3,887,148$0$79,482,758
92$142,843,302$3,913,501$0$87,410,938
93$157,244,032$3,935,976$0$96,143,274
94$173,108,304$3,954,220$0$105,761,703
95$190,585,232$3,967,857$0$116,356,518
96$209,839,132$3,976,489$0$128,027,223
97$231,051,078$3,979,691$0$140,883,473
98$254,420,605$3,977,013$0$155,046,105
99$280,167,597$3,967,977$0$170,648,285
100$308,534,359$3,952,075$0$187,836,762