Can I retire at age 42 with 750,000?

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 $750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$61,934$61,383$60,844$60,319$59,806$58,219
2 years$30,661$30,090$29,536$29,000$28,479$26,891
3 years$20,237$19,664$19,112$18,580$18,068$16,529
4 years$15,027$14,455$13,909$13,386$12,886$11,408
5 years$11,901$11,333$10,794$10,282$9,796$8,382
6 years$9,818$9,254$8,723$8,222$7,751$6,404
7 years$8,331$7,772$7,249$6,760$6,304$5,023
8 years$7,216$6,662$6,147$5,671$5,230$4,014
9 years$6,349$5,800$5,295$4,830$4,404$3,253
10 years$5,656$5,113$4,616$4,164$3,753$2,664
11 years$5,090$4,551$4,064$3,624$3,227$2,201
12 years$4,618$4,085$3,607$3,179$2,797$1,830
13 years$4,219$3,692$3,222$2,806$2,439$1,529
14 years$3,877$3,356$2,895$2,491$2,138$1,284
15 years$3,581$3,066$2,614$2,222$1,882$1,081
16 years$3,323$2,813$2,370$1,989$1,664$914
17 years$3,095$2,590$2,157$1,787$1,475$774
18 years$2,892$2,394$1,969$1,611$1,312$657
19 years$2,712$2,218$1,802$1,455$1,169$558
20 years$2,549$2,061$1,654$1,318$1,044$475
21 years$2,402$1,920$1,521$1,196$934$405
22 years$2,269$1,792$1,402$1,088$838$346
23 years$2,147$1,676$1,295$991$752$295
24 years$2,036$1,571$1,197$903$676$252
25 years$1,934$1,474$1,109$825$608$216
26 years$1,839$1,385$1,029$754$548$185
27 years$1,752$1,304$955$691$494$158
28 years$1,672$1,228$888$633$446$135
29 years$1,597$1,159$826$580$402$116
30 years$1,527$1,094$770$532$364$99
31 years$1,461$1,035$717$489$329$85
32 years$1,400$979$669$449$297$73
33 years$1,343$927$625$413$269$63
34 years$1,289$879$584$380$244$54
35 years$1,239$833$546$350$221$46
36 years$1,191$791$511$322$200$39
37 years$1,146$751$478$297$181$34
38 years$1,104$714$448$274$164$29
39 years$1,063$679$419$252$149$25
40 years$1,025$646$393$233$135$21
41 years$989$615$369$215$123$18
42 years$955$586$346$198$111$16
43 years$922$558$324$183$101$14
44 years$891$532$305$169$92$12
45 years$861$507$286$156$83$10
46 years$833$484$269$144$76$9
47 years$806$462$252$133$69$7
48 years$780$441$237$123$62$6
49 years$756$421$223$114$57$5
50 years$732$402$210$105$51$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $750,000, adding $6,857 every year, while hoping to spend $25,606 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: 43/29/28 Blend
41$750,000$750,000$750,000$750,000
42$833,573$793,823$782,198$862,361
43$891,353$805,476$781,157$895,299
44$954,168$816,841$779,223$928,020
45$1,022,505$827,878$776,339$962,985
46$1,096,900$838,543$772,445$1,000,417
47$1,177,940$848,789$767,479$1,040,562
48$1,266,276$858,565$761,375$1,083,694
49$1,362,619$867,818$754,064$1,130,114
50$1,467,756$876,491$745,475$1,180,157
51$1,582,550$884,522$735,532$1,234,191
52$1,707,953$891,847$724,155$1,292,625
53$1,845,013$898,396$711,263$1,355,910
54$1,994,883$904,096$696,769$1,424,546
55$2,158,833$908,868$680,582$1,499,084
56$2,338,260$912,629$662,608$1,580,135
57$2,534,705$915,290$642,747$1,668,370
58$2,749,862$916,756$620,897$1,764,537
59$2,985,598$916,928$596,947$1,869,457
60$3,243,970$915,698$570,786$1,984,039
61$3,527,242$912,954$542,294$2,109,289
62$3,837,907$908,576$511,348$2,246,315
63$4,178,714$902,436$477,818$2,396,344
64$4,552,687$894,400$441,569$2,560,728
65$4,963,159$884,324$402,460$2,740,962
66$5,413,802$872,056$360,343$2,938,698
67$5,908,659$857,435$315,063$3,155,759
68$6,452,184$840,292$266,460$3,394,156
69$7,049,286$820,445$214,365$3,656,111
70$7,705,370$797,704$158,603$3,944,078
71$8,426,391$771,865$98,991$4,260,764
72$9,218,912$742,715$35,336$4,609,158
73$10,090,160$710,028$0$4,992,558
74$11,048,100$673,562$0$5,424,343
75$12,101,505$633,065$0$5,910,692
76$13,260,041$588,269$0$6,445,534
77$14,534,361$538,889$0$7,033,832
78$15,936,197$484,626$0$7,681,052
79$17,478,480$425,164$0$8,393,225
80$19,175,454$360,166$0$9,176,998
81$21,042,816$289,280$0$10,039,702
82$23,097,860$212,132$0$10,989,417
83$25,359,642$128,326$0$12,035,053
84$27,849,159$37,447$0$13,186,430
85$30,589,545$0$0$14,454,378
86$33,606,294$0$0$15,870,284
87$36,927,495$0$0$17,442,354
88$40,584,098$0$0$19,173,305
89$44,610,210$0$0$21,079,295
90$49,043,412$0$0$23,178,132
91$53,925,113$0$0$25,489,435
92$59,300,945$0$0$28,034,826
93$65,221,189$0$0$30,838,129
94$71,741,252$0$0$33,925,597
95$78,922,188$0$0$37,326,159
96$86,831,273$0$0$41,071,693
97$95,542,645$0$0$45,197,328
98$105,137,996$0$0$49,741,770
99$115,707,348$0$0$54,747,677
100$127,349,900$0$0$60,262,053