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%17%
1 years$119,740$118,673$117,632$116,617$115,625$112,329
2 years$59,277$58,173$57,103$56,066$55,060$51,765
3 years$39,125$38,017$36,950$35,922$34,932$31,741
4 years$29,052$27,946$26,890$25,880$24,914$21,852
5 years$23,009$21,910$20,868$19,878$18,939$16,014
6 years$18,982$17,891$16,864$15,897$14,986$12,201
7 years$16,106$15,025$14,014$13,070$12,188$9,542
8 years$13,951$12,879$11,885$10,964$10,111$7,604
9 years$12,275$11,214$10,237$9,339$8,515$6,143
10 years$10,935$9,884$8,925$8,050$7,255$5,016
11 years$9,840$8,799$7,857$7,006$6,239$4,130
12 years$8,928$7,898$6,973$6,145$5,407$3,422
13 years$8,156$7,137$6,230$5,425$4,715$2,851
14 years$7,496$6,488$5,598$4,816$4,133$2,385
15 years$6,924$5,927$5,054$4,295$3,639$2,002
16 years$6,424$5,438$4,582$3,846$3,216$1,685
17 years$5,983$5,008$4,169$3,455$2,852$1,422
18 years$5,592$4,627$3,806$3,114$2,536$1,203
19 years$5,242$4,289$3,484$2,814$2,260$1,019
20 years$4,928$3,985$3,198$2,548$2,019$864
21 years$4,644$3,712$2,941$2,313$1,807$734
22 years$4,386$3,465$2,711$2,103$1,619$623
23 years$4,151$3,241$2,503$1,915$1,454$530
24 years$3,936$3,036$2,315$1,747$1,307$451
25 years$3,738$2,850$2,144$1,595$1,176$385
26 years$3,556$2,678$1,989$1,459$1,059$328
27 years$3,388$2,520$1,846$1,335$955$279
28 years$3,232$2,375$1,717$1,223$862$238
29 years$3,087$2,241$1,597$1,122$778$203
30 years$2,952$2,116$1,488$1,029$703$173
31 years$2,825$2,000$1,387$945$635$148
32 years$2,707$1,893$1,294$869$575$126
33 years$2,597$1,792$1,208$799$520$108
34 years$2,493$1,699$1,129$735$471$92
35 years$2,395$1,611$1,056$677$427$79
36 years$2,303$1,529$988$623$387$67
37 years$2,216$1,453$924$574$350$57
38 years$2,134$1,380$866$529$318$49
39 years$2,056$1,313$811$488$288$42
40 years$1,982$1,249$760$450$261$36
41 years$1,912$1,189$713$415$237$31
42 years$1,846$1,132$669$383$215$26
43 years$1,783$1,079$627$354$195$22
44 years$1,723$1,028$589$327$177$19
45 years$1,666$981$553$302$161$16
46 years$1,611$935$519$279$146$14
47 years$1,559$893$488$257$133$12
48 years$1,509$852$458$238$120$10
49 years$1,461$814$431$220$109$9
50 years$1,416$777$405$203$99$7

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 $6,094 every year, while hoping to spend $47,822 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: 36/41/23 Blend
41$1,450,000$1,450,000$1,450,000$1,450,000
42$1,604,186$1,527,336$1,504,861$1,650,612
43$1,716,931$1,551,293$1,504,392$1,709,220
44$1,839,573$1,574,822$1,502,304$1,767,601
45$1,973,071$1,597,849$1,498,493$1,829,668
46$2,118,480$1,620,300$1,492,848$1,895,779
47$2,276,962$1,642,092$1,485,256$1,966,333
48$2,449,795$1,663,138$1,475,595$2,041,771
49$2,638,386$1,683,343$1,463,738$2,122,581
50$2,844,282$1,702,607$1,449,554$2,209,302
51$3,069,187$1,720,824$1,432,903$2,302,533
52$3,314,980$1,737,879$1,413,641$2,402,932
53$3,583,724$1,753,651$1,391,614$2,511,233
54$3,877,694$1,768,011$1,366,663$2,628,242
55$4,199,395$1,780,819$1,338,623$2,754,857
56$4,551,584$1,791,930$1,307,317$2,892,064
57$4,937,297$1,801,187$1,272,564$3,040,959
58$5,359,879$1,808,423$1,234,173$3,202,752
59$5,823,012$1,813,461$1,191,943$3,378,779
60$6,330,752$1,816,113$1,145,666$3,570,520
61$6,887,567$1,816,180$1,095,123$3,779,609
62$7,498,375$1,813,449$1,040,086$4,007,853
63$8,168,596$1,807,695$980,316$4,257,247
64$8,904,199$1,798,679$915,563$4,529,998
65$9,711,760$1,786,147$845,567$4,828,543
66$10,598,521$1,769,829$770,055$5,155,576
67$11,572,461$1,749,442$688,743$5,514,072
68$12,642,368$1,724,681$601,332$5,907,316
69$13,817,926$1,695,227$507,513$6,338,938
70$15,109,801$1,660,739$406,961$6,812,948
71$16,529,745$1,620,859$299,338$7,333,773
72$18,090,703$1,575,205$184,290$7,906,299
73$19,806,938$1,523,374$61,448$8,535,927
74$21,694,166$1,464,940$0$9,228,613
75$23,769,699$1,399,450$0$10,008,030
76$26,052,613$1,326,427$0$10,881,552
77$28,563,923$1,245,366$0$11,842,203
78$31,326,786$1,155,732$0$12,898,939
79$34,366,716$1,056,960$0$14,061,637
80$37,711,823$948,453$0$15,341,192
81$41,393,081$829,580$0$16,749,621
82$45,444,620$699,673$0$18,300,174
83$49,904,043$558,029$0$20,007,466
84$54,812,785$403,903$0$21,887,614
85$60,216,503$236,508$0$23,958,392
86$66,165,504$55,014$0$26,239,400
87$72,715,221$0$0$28,752,251
88$79,926,735$0$0$31,584,597
89$87,867,352$0$0$34,730,895
90$96,611,237$0$0$38,195,742
91$106,240,113$0$0$42,011,556
92$116,844,032$0$0$46,214,058
93$128,522,224$0$0$50,842,611
94$141,384,036$0$0$55,940,590
95$155,549,957$0$0$61,555,792
96$171,152,762$0$0$67,740,886
97$188,338,759$0$0$74,553,911
98$207,269,174$0$0$82,058,824
99$228,121,666$0$0$90,326,101
100$251,092,010$0$0$99,433,405