Can I retire at age 42 with 780,000?

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 $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%15.3%
1 years$64,412$63,838$63,278$62,732$62,198$60,843
2 years$31,887$31,293$30,718$30,160$29,618$28,260
3 years$21,047$20,450$19,876$19,323$18,791$17,472
4 years$15,628$15,033$14,465$13,921$13,402$12,132
5 years$12,377$11,786$11,225$10,693$10,188$8,971
6 years$10,211$9,624$9,072$8,551$8,061$6,898
7 years$8,664$8,082$7,539$7,031$6,556$5,447
8 years$7,505$6,928$6,393$5,898$5,439$4,384
9 years$6,603$6,032$5,507$5,024$4,580$3,579
10 years$5,882$5,317$4,801$4,330$3,903$2,953
11 years$5,293$4,734$4,227$3,769$3,356$2,458
12 years$4,803$4,249$3,751$3,306$2,909$2,059
13 years$4,388$3,839$3,351$2,918$2,536$1,735
14 years$4,032$3,490$3,011$2,591$2,223$1,469
15 years$3,725$3,188$2,719$2,310$1,958$1,248
16 years$3,456$2,925$2,465$2,069$1,730$1,063
17 years$3,219$2,694$2,243$1,859$1,534$908
18 years$3,008$2,489$2,047$1,675$1,364$778
19 years$2,820$2,307$1,874$1,514$1,216$667
20 years$2,651$2,144$1,720$1,371$1,086$573
21 years$2,498$1,997$1,582$1,244$972$493
22 years$2,359$1,864$1,458$1,131$871$425
23 years$2,233$1,743$1,346$1,030$782$366
24 years$2,117$1,633$1,245$940$703$316
25 years$2,011$1,533$1,153$858$632$273
26 years$1,913$1,441$1,070$785$570$236
27 years$1,822$1,356$993$718$514$204
28 years$1,738$1,278$923$658$463$176
29 years$1,660$1,205$859$603$418$152
30 years$1,588$1,138$800$554$378$132
31 years$1,520$1,076$746$509$342$114
32 years$1,456$1,018$696$467$309$99
33 years$1,397$964$650$430$280$86
34 years$1,341$914$607$395$253$74
35 years$1,288$867$568$364$229$64
36 years$1,239$823$531$335$208$56
37 years$1,192$781$497$309$188$48
38 years$1,148$743$466$285$171$42
39 years$1,106$706$436$263$155$36
40 years$1,066$672$409$242$141$31
41 years$1,029$639$383$223$127$27
42 years$993$609$360$206$116$24
43 years$959$580$337$190$105$20
44 years$927$553$317$176$95$18
45 years$896$527$297$162$87$15
46 years$867$503$279$150$79$13
47 years$839$480$262$139$71$12
48 years$812$458$247$128$65$10
49 years$786$438$232$118$59$9
50 years$762$418$218$109$53$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $780,000, adding $5,945 every year, while hoping to spend $40,644 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: 81/5/14 Blend
41$780,000$780,000$780,000$780,000
42$865,692$824,352$812,262$932,947
43$910,748$821,501$796,228$975,127
44$959,037$817,147$778,295$1,015,531
45$1,010,847$811,175$758,355$1,058,705
46$1,066,491$803,461$736,299$1,104,908
47$1,126,317$793,874$712,008$1,154,426
48$1,190,702$782,275$685,361$1,207,573
49$1,260,065$768,517$656,231$1,264,693
50$1,334,861$752,444$624,485$1,326,169
51$1,415,594$733,891$589,982$1,392,419
52$1,502,816$712,683$552,578$1,463,908
53$1,597,133$688,635$512,120$1,541,144
54$1,699,214$661,551$468,449$1,624,690
55$1,809,791$631,224$421,399$1,715,167
56$1,929,670$597,434$370,796$1,813,257
57$2,059,738$559,950$316,460$1,919,714
58$2,200,970$518,527$258,200$2,035,367
59$2,354,439$472,905$195,820$2,161,132
60$2,521,325$422,809$129,112$2,298,019
61$2,702,924$367,952$57,862$2,447,139
62$2,900,666$308,025$0$2,609,719
63$3,116,122$242,706$0$2,789,826
64$3,351,022$171,654$0$2,995,637
65$3,607,269$94,508$0$3,220,178
66$3,886,958$10,886$0$3,465,300
67$4,192,395$0$0$3,733,040
68$4,526,119$0$0$4,030,022
69$4,890,926$0$0$4,355,338
70$5,289,891$0$0$4,711,134
71$5,726,404$0$0$5,100,437
72$6,204,195$0$0$5,526,574
73$6,727,372$0$0$5,993,213
74$7,300,459$0$0$6,504,391
75$7,928,438$0$0$7,064,555
76$8,616,797$0$0$7,678,603
77$9,371,576$0$0$8,351,927
78$10,199,433$0$0$9,090,469
79$11,107,699$0$0$9,900,772
80$12,104,446$0$0$10,790,042
81$13,198,571$0$0$11,766,219
82$14,399,870$0$0$12,838,046
83$15,719,135$0$0$14,015,158
84$17,168,255$0$0$15,308,166
85$18,760,327$0$0$16,728,760
86$20,509,779$0$0$18,289,818
87$22,432,506$0$0$20,005,527
88$24,546,019$0$0$21,891,519
89$26,869,611$0$0$23,965,013
90$29,424,535$0$0$26,244,980
91$32,234,210$0$0$28,752,324
92$35,324,436$0$0$31,510,073
93$38,723,638$0$0$34,543,600
94$42,463,137$0$0$37,880,862
95$46,577,439$0$0$41,552,659
96$51,104,566$0$0$45,592,929
97$56,086,412$0$0$50,039,068
98$61,569,135$0$0$54,932,275
99$67,603,596$0$0$60,317,951
100$74,245,836$0$0$66,246,116