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

Use the below retirement simulation to view the chances of a successful retirement.
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%16.4%
1 years$119,740$118,673$117,632$116,617$115,625$112,601
2 years$59,277$58,173$57,103$56,066$55,060$52,034
3 years$39,125$38,017$36,950$35,922$34,932$31,999
4 years$29,052$27,946$26,890$25,880$24,914$22,096
5 years$23,009$21,910$20,868$19,878$18,939$16,244
6 years$18,982$17,891$16,864$15,897$14,986$12,417
7 years$16,106$15,025$14,014$13,070$12,188$9,744
8 years$13,951$12,879$11,885$10,964$10,111$7,792
9 years$12,275$11,214$10,237$9,339$8,515$6,319
10 years$10,935$9,884$8,925$8,050$7,255$5,179
11 years$9,840$8,799$7,857$7,006$6,239$4,280
12 years$8,928$7,898$6,973$6,145$5,407$3,561
13 years$8,156$7,137$6,230$5,425$4,715$2,978
14 years$7,496$6,488$5,598$4,816$4,133$2,502
15 years$6,924$5,927$5,054$4,295$3,639$2,109
16 years$6,424$5,438$4,582$3,846$3,216$1,783
17 years$5,983$5,008$4,169$3,455$2,852$1,511
18 years$5,592$4,627$3,806$3,114$2,536$1,284
19 years$5,242$4,289$3,484$2,814$2,260$1,092
20 years$4,928$3,985$3,198$2,548$2,019$930
21 years$4,644$3,712$2,941$2,313$1,807$794
22 years$4,386$3,465$2,711$2,103$1,619$678
23 years$4,151$3,241$2,503$1,915$1,454$579
24 years$3,936$3,036$2,315$1,747$1,307$495
25 years$3,738$2,850$2,144$1,595$1,176$424
26 years$3,556$2,678$1,989$1,459$1,059$363
27 years$3,388$2,520$1,846$1,335$955$311
28 years$3,232$2,375$1,717$1,223$862$267
29 years$3,087$2,241$1,597$1,122$778$229
30 years$2,952$2,116$1,488$1,029$703$196
31 years$2,825$2,000$1,387$945$635$168
32 years$2,707$1,893$1,294$869$575$144
33 years$2,597$1,792$1,208$799$520$124
34 years$2,493$1,699$1,129$735$471$106
35 years$2,395$1,611$1,056$677$427$91
36 years$2,303$1,529$988$623$387$78
37 years$2,216$1,453$924$574$350$67
38 years$2,134$1,380$866$529$318$58
39 years$2,056$1,313$811$488$288$50
40 years$1,982$1,249$760$450$261$43
41 years$1,912$1,189$713$415$237$37
42 years$1,846$1,132$669$383$215$31
43 years$1,783$1,079$627$354$195$27
44 years$1,723$1,028$589$327$177$23
45 years$1,666$981$553$302$161$20
46 years$1,611$935$519$279$146$17
47 years$1,559$893$488$257$133$15
48 years$1,509$852$458$238$120$13
49 years$1,461$814$431$220$109$11
50 years$1,416$777$405$203$99$9

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 $3,671 every year, while hoping to spend $31,985 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: 70/5/25 Blend
41$1,450,000$1,450,000$1,450,000$1,450,000
42$1,601,687$1,524,837$1,502,362$1,703,380
43$1,731,027$1,565,522$1,518,659$1,812,608
44$1,872,488$1,607,129$1,534,430$1,928,076
45$2,027,272$1,649,668$1,549,624$2,053,724
46$2,196,704$1,693,152$1,564,186$2,190,561
47$2,382,241$1,737,590$1,578,060$2,339,696
48$2,585,489$1,782,991$1,591,185$2,502,354
49$2,808,217$1,829,366$1,603,497$2,679,883
50$3,052,371$1,876,721$1,614,931$2,873,768
51$3,320,098$1,925,065$1,625,416$3,085,646
52$3,613,759$1,974,404$1,634,878$3,317,322
53$3,935,956$2,024,744$1,643,240$3,570,782
54$4,289,555$2,076,088$1,650,421$3,848,217
55$4,677,714$2,128,441$1,656,334$4,152,041
56$5,103,910$2,181,803$1,660,890$4,484,912
57$5,571,973$2,236,176$1,663,994$4,849,761
58$6,086,123$2,291,558$1,665,547$5,249,819
59$6,651,011$2,347,947$1,665,445$5,688,645
60$7,271,755$2,405,338$1,663,580$6,170,160
61$7,954,000$2,463,725$1,659,835$6,698,688
62$8,703,960$2,523,099$1,654,091$7,278,991
63$9,528,483$2,583,451$1,646,223$7,916,320
64$10,435,115$2,644,766$1,636,098$8,616,459
65$11,432,167$2,707,029$1,623,577$9,385,785
66$12,528,797$2,770,223$1,608,516$10,231,323
67$13,735,096$2,834,326$1,590,763$11,160,817
68$15,062,180$2,899,312$1,570,158$12,182,801
69$16,522,300$2,965,156$1,546,536$13,306,678
70$18,128,951$3,031,825$1,519,721$14,542,815
71$19,897,003$3,099,284$1,489,531$15,902,632
72$21,842,842$3,167,494$1,455,775$17,398,718
73$23,984,522$3,236,410$1,418,254$19,044,946
74$26,341,935$3,305,986$1,376,757$20,856,606
75$28,937,000$3,376,167$1,331,066$22,850,545
76$31,793,870$3,446,895$1,280,952$25,045,334
77$34,939,157$3,518,106$1,226,177$27,461,436
78$38,402,186$3,589,728$1,166,489$30,121,405
79$42,215,271$3,661,686$1,101,628$33,050,095
80$46,414,016$3,733,896$1,031,320$36,274,897
81$51,037,655$3,806,267$955,279$39,825,999
82$56,129,423$3,878,701$873,207$43,736,669
83$61,736,957$3,951,090$784,793$48,043,569
84$67,912,753$4,023,320$689,710$52,787,105
85$74,714,657$4,095,266$587,619$58,011,804
86$82,206,412$4,166,794$478,164$63,766,739
87$90,458,258$4,237,759$360,974$70,105,990
88$99,547,596$4,308,005$235,662$77,089,158
89$109,559,718$4,377,364$101,825$84,781,922
90$120,588,612$4,445,658$0$93,256,668
91$132,737,848$4,512,693$0$102,604,103
92$146,121,556$4,578,262$0$112,930,898
93$160,865,503$4,642,145$0$124,306,866
94$177,108,277$4,704,103$0$136,838,901
95$195,002,601$4,763,884$0$150,644,800
96$214,716,769$4,821,217$0$165,854,368
97$236,436,234$4,875,811$0$182,610,651
98$260,365,363$4,927,359$0$201,071,276
99$286,729,361$4,975,531$0$221,409,952
100$315,776,399$5,019,975$0$243,818,096