Can I retire at age 42 with 440,000?

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 $440,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$36,335$36,011$35,695$35,387$35,086$34,519
2 years$17,988$17,653$17,328$17,013$16,708$16,138
3 years$11,873$11,536$11,212$10,900$10,600$10,045
4 years$8,816$8,480$8,160$7,853$7,560$7,025
5 years$6,982$6,649$6,332$6,032$5,747$5,233
6 years$5,760$5,429$5,117$4,824$4,547$4,054
7 years$4,887$4,559$4,253$3,966$3,698$3,227
8 years$4,233$3,908$3,607$3,327$3,068$2,618
9 years$3,725$3,403$3,106$2,834$2,584$2,155
10 years$3,318$2,999$2,708$2,443$2,201$1,794
11 years$2,986$2,670$2,384$2,126$1,893$1,506
12 years$2,709$2,397$2,116$1,865$1,641$1,274
13 years$2,475$2,166$1,890$1,646$1,431$1,083
14 years$2,275$1,969$1,699$1,461$1,254$925
15 years$2,101$1,798$1,534$1,303$1,104$794
16 years$1,949$1,650$1,390$1,167$976$683
17 years$1,816$1,520$1,265$1,049$865$590
18 years$1,697$1,404$1,155$945$769$510
19 years$1,591$1,301$1,057$854$686$442
20 years$1,495$1,209$970$773$613$384
21 years$1,409$1,126$893$702$548$334
22 years$1,331$1,051$823$638$491$290
23 years$1,260$983$760$581$441$253
24 years$1,194$921$702$530$396$221
25 years$1,134$865$651$484$357$193
26 years$1,079$813$603$443$321$168
27 years$1,028$765$560$405$290$147
28 years$981$721$521$371$261$129
29 years$937$680$485$340$236$113
30 years$896$642$452$312$213$99
31 years$857$607$421$287$193$86
32 years$822$574$393$264$174$76
33 years$788$544$367$242$158$66
34 years$756$515$343$223$143$58
35 years$727$489$320$205$129$51
36 years$699$464$300$189$117$45
37 years$672$441$280$174$106$39
38 years$648$419$263$161$96$34
39 years$624$398$246$148$87$30
40 years$602$379$231$137$79$26
41 years$580$361$216$126$72$23
42 years$560$344$203$116$65$20
43 years$541$327$190$107$59$18
44 years$523$312$179$99$54$16
45 years$505$298$168$92$49$14
46 years$489$284$158$85$44$12
47 years$473$271$148$78$40$11
48 years$458$259$139$72$37$9
49 years$443$247$131$67$33$8
50 years$430$236$123$62$30$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $440,000, adding $5,759 every year, while hoping to spend $34,236 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: 44/45/11 Blend
41$440,000$440,000$440,000$440,000
42$490,820$467,500$460,680$510,626
43$504,457$453,981$439,686$511,461
44$518,338$438,652$416,842$508,439
45$532,450$421,388$392,048$504,397
46$546,781$402,057$365,203$499,256
47$561,315$380,520$336,199$492,928
48$576,032$356,628$304,925$485,322
49$590,910$330,226$271,263$476,341
50$605,924$301,148$235,091$465,880
51$621,043$269,220$196,281$453,828
52$636,235$234,256$154,702$440,066
53$651,458$196,062$110,212$424,467
54$666,670$154,432$62,667$406,897
55$681,820$109,149$11,915$387,211
56$696,849$59,981$0$365,255
57$711,695$6,687$0$345,822
58$726,284$0$0$325,593
59$740,533$0$0$328,249
60$754,352$0$0$333,979
61$767,635$0$0$339,418
62$780,269$0$0$344,511
63$792,122$0$0$349,193
64$803,051$0$0$353,393
65$812,894$0$0$357,032
66$821,471$0$0$360,021
67$828,580$0$0$362,263
68$834,000$0$0$363,646
69$837,481$0$0$364,051
70$838,747$0$0$363,341
71$837,491$0$0$361,366
72$833,373$0$0$357,961
73$826,014$0$0$352,939
74$814,994$0$0$346,098
75$799,850$0$0$337,209
76$780,066$0$0$326,021
77$755,070$0$0$312,256
78$724,231$0$0$295,606
79$686,849$0$0$275,730
80$642,150$0$0$252,251
81$589,276$0$0$224,752
82$527,281$0$0$192,771
83$455,115$0$0$155,798
84$371,622$0$0$113,270
85$275,520$0$0$64,564
86$165,394$0$0$8,992
87$39,681$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0