Can I retire at age 42 with 780,000?

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 $780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.9%
1 years$64,412$63,838$63,278$62,732$62,198$61,703
2 years$31,887$31,293$30,718$30,160$29,618$29,119
3 years$21,047$20,450$19,876$19,323$18,791$18,303
4 years$15,628$15,033$14,465$13,921$13,402$12,929
5 years$12,377$11,786$11,225$10,693$10,188$9,732
6 years$10,211$9,624$9,072$8,551$8,061$7,623
7 years$8,664$8,082$7,539$7,031$6,556$6,135
8 years$7,505$6,928$6,393$5,898$5,439$5,035
9 years$6,603$6,032$5,507$5,024$4,580$4,194
10 years$5,882$5,317$4,801$4,330$3,903$3,533
11 years$5,293$4,734$4,227$3,769$3,356$3,004
12 years$4,803$4,249$3,751$3,306$2,909$2,572
13 years$4,388$3,839$3,351$2,918$2,536$2,216
14 years$4,032$3,490$3,011$2,591$2,223$1,919
15 years$3,725$3,188$2,719$2,310$1,958$1,669
16 years$3,456$2,925$2,465$2,069$1,730$1,456
17 years$3,219$2,694$2,243$1,859$1,534$1,274
18 years$3,008$2,489$2,047$1,675$1,364$1,118
19 years$2,820$2,307$1,874$1,514$1,216$983
20 years$2,651$2,144$1,720$1,371$1,086$866
21 years$2,498$1,997$1,582$1,244$972$765
22 years$2,359$1,864$1,458$1,131$871$676
23 years$2,233$1,743$1,346$1,030$782$598
24 years$2,117$1,633$1,245$940$703$530
25 years$2,011$1,533$1,153$858$632$470
26 years$1,913$1,441$1,070$785$570$417
27 years$1,822$1,356$993$718$514$371
28 years$1,738$1,278$923$658$463$329
29 years$1,660$1,205$859$603$418$293
30 years$1,588$1,138$800$554$378$261
31 years$1,520$1,076$746$509$342$232
32 years$1,456$1,018$696$467$309$207
33 years$1,397$964$650$430$280$184
34 years$1,341$914$607$395$253$164
35 years$1,288$867$568$364$229$146
36 years$1,239$823$531$335$208$131
37 years$1,192$781$497$309$188$116
38 years$1,148$743$466$285$171$104
39 years$1,106$706$436$263$155$93
40 years$1,066$672$409$242$141$83
41 years$1,029$639$383$223$127$74
42 years$993$609$360$206$116$66
43 years$959$580$337$190$105$59
44 years$927$553$317$176$95$53
45 years$896$527$297$162$87$47
46 years$867$503$279$150$79$42
47 years$839$480$262$139$71$37
48 years$812$458$247$128$65$33
49 years$786$438$232$118$59$30
50 years$762$418$218$109$53$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $780,000, adding $4,090 every year, while hoping to spend $35,806 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: 39/42/19 Blend
41$780,000$780,000$780,000$780,000
42$863,779$822,439$810,349$892,428
43$913,787$824,641$799,398$915,564
44$967,696$825,751$786,881$936,844
45$1,025,866$825,678$772,706$959,111
46$1,088,692$824,324$756,779$982,473
47$1,156,609$821,586$739,002$1,007,054
48$1,230,096$817,356$719,271$1,032,990
49$1,309,676$811,518$697,478$1,060,433
50$1,395,929$803,948$673,509$1,089,557
51$1,489,488$794,515$647,245$1,120,554
52$1,591,052$783,083$618,565$1,153,638
53$1,701,389$769,504$587,336$1,189,050
54$1,821,344$753,623$553,426$1,227,057
55$1,951,846$735,276$516,691$1,267,961
56$2,093,919$714,289$476,984$1,312,093
57$2,248,687$690,477$434,152$1,359,828
58$2,417,389$663,646$388,031$1,411,578
59$2,601,388$633,590$338,455$1,467,807
60$2,802,183$600,090$285,247$1,529,029
61$3,021,426$562,914$228,224$1,595,815
62$3,260,935$521,820$167,192$1,668,801
63$3,522,710$476,550$101,953$1,748,695
64$3,808,955$426,829$32,297$1,836,283
65$4,122,095$372,370$0$1,932,436
66$4,464,801$312,869$0$2,046,647
67$4,840,014$248,003$0$2,179,010
68$5,250,973$177,432$0$2,324,212
69$5,701,244$100,798$0$2,483,628
70$6,194,754$17,721$0$2,658,778
71$6,735,830$0$0$2,851,345
72$7,329,236$0$0$3,096,559
73$7,980,220$0$0$3,374,656
74$8,694,560$0$0$3,679,931
75$9,478,625$0$0$4,015,116
76$10,339,427$0$0$4,383,226
77$11,284,692$0$0$4,787,577
78$12,322,928$0$0$5,231,826
79$13,463,511$0$0$5,720,000
80$14,716,769$0$0$6,256,535
81$16,094,078$0$0$6,846,319
82$17,607,973$0$0$7,494,737
83$19,272,262$0$0$8,207,721
84$21,102,160$0$0$8,991,809
85$23,114,428$0$0$9,854,201
86$25,327,532$0$0$10,802,831
87$27,761,818$0$0$11,846,442
88$30,439,705$0$0$12,994,666
89$33,385,890$0$0$14,258,114
90$36,627,589$0$0$15,648,482
91$40,194,786$0$0$17,178,652
92$44,120,519$0$0$18,862,821
93$48,441,191$0$0$20,716,632
94$53,196,914$0$0$22,757,320
95$58,431,884$0$0$25,003,878
96$64,194,802$0$0$27,477,232
97$70,539,327$0$0$30,200,441
98$77,524,588$0$0$33,198,914
99$85,215,739$0$0$36,500,649
100$93,684,572$0$0$40,136,498