Can I retire at age 42 with 800,000?

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 $800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$66,063$65,475$64,901$64,340$63,793$62,659
2 years$32,705$32,095$31,505$30,933$30,378$29,239
3 years$21,586$20,975$20,386$19,819$19,273$18,165
4 years$16,029$15,419$14,836$14,278$13,746$12,677
5 years$12,695$12,088$11,513$10,967$10,449$9,423
6 years$10,473$9,871$9,304$8,771$8,268$7,286
7 years$8,886$8,290$7,732$7,211$6,724$5,786
8 years$7,697$7,106$6,557$6,049$5,578$4,683
9 years$6,773$6,187$5,648$5,152$4,698$3,846
10 years$6,033$5,453$4,924$4,441$4,003$3,193
11 years$5,429$4,855$4,335$3,865$3,442$2,675
12 years$4,926$4,357$3,847$3,390$2,983$2,256
13 years$4,500$3,938$3,437$2,993$2,601$1,913
14 years$4,136$3,579$3,088$2,657$2,280$1,630
15 years$3,820$3,270$2,788$2,370$2,008$1,395
16 years$3,544$3,000$2,528$2,122$1,775$1,197
17 years$3,301$2,763$2,300$1,906$1,573$1,030
18 years$3,085$2,553$2,100$1,718$1,399$888
19 years$2,892$2,366$1,922$1,552$1,247$768
20 years$2,719$2,199$1,764$1,406$1,114$664
21 years$2,562$2,048$1,623$1,276$997$576
22 years$2,420$1,912$1,496$1,160$893$500
23 years$2,290$1,788$1,381$1,057$802$434
24 years$2,172$1,675$1,277$964$721$378
25 years$2,063$1,572$1,183$880$649$329
26 years$1,962$1,478$1,097$805$584$286
27 years$1,869$1,391$1,019$737$527$249
28 years$1,783$1,310$947$675$475$217
29 years$1,703$1,236$881$619$429$190
30 years$1,628$1,167$821$568$388$166
31 years$1,559$1,104$765$522$351$144
32 years$1,494$1,044$714$479$317$126
33 years$1,433$989$667$441$287$110
34 years$1,375$937$623$406$260$96
35 years$1,321$889$582$373$235$84
36 years$1,271$844$545$344$213$73
37 years$1,223$801$510$317$193$64
38 years$1,177$762$478$292$175$56
39 years$1,134$724$447$269$159$49
40 years$1,094$689$419$248$144$43
41 years$1,055$656$393$229$131$38
42 years$1,019$625$369$211$119$33
43 years$984$595$346$195$108$29
44 years$951$567$325$180$98$25
45 years$919$541$305$166$89$22
46 years$889$516$287$154$81$19
47 years$860$492$269$142$73$17
48 years$833$470$253$131$66$15
49 years$806$449$238$121$60$13
50 years$781$429$224$112$55$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $800,000, adding $4,125 every year, while hoping to spend $21,038 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: 53/26/21 Blend
41$800,000$800,000$800,000$800,000
42$885,855$843,455$831,055$927,490
43$953,828$862,400$836,511$975,509
44$1,028,029$881,568$841,445$1,025,197
45$1,109,071$900,948$845,816$1,078,819
46$1,197,630$920,528$849,584$1,136,756
47$1,294,447$940,293$852,705$1,199,428
48$1,400,342$960,228$855,131$1,267,300
49$1,516,214$980,317$856,816$1,340,881
50$1,643,056$1,000,541$857,707$1,420,737
51$1,781,960$1,020,880$857,753$1,507,487
52$1,934,129$1,041,311$856,896$1,601,816
53$2,100,886$1,061,812$855,079$1,704,478
54$2,283,692$1,082,356$852,239$1,816,305
55$2,484,151$1,102,914$848,312$1,938,214
56$2,704,035$1,123,457$843,230$2,071,214
57$2,945,291$1,143,952$836,924$2,216,421
58$3,210,067$1,164,362$829,317$2,375,063
59$3,500,728$1,184,649$820,333$2,548,492
60$3,819,878$1,204,772$809,889$2,738,202
61$4,170,386$1,224,687$797,902$2,945,838
62$4,555,414$1,244,345$784,280$3,173,213
63$4,978,444$1,263,696$768,931$3,422,328
64$5,443,312$1,282,683$751,756$3,695,387
65$5,954,243$1,301,249$732,654$3,994,819
66$6,515,895$1,319,329$711,517$4,323,305
67$7,133,397$1,336,856$688,233$4,683,796
68$7,812,399$1,353,758$662,685$5,079,548
69$8,559,128$1,369,957$634,749$5,514,151
70$9,380,445$1,385,371$604,299$5,991,561
71$10,283,907$1,399,910$571,200$6,516,139
72$11,277,841$1,413,482$535,311$7,092,693
73$12,371,424$1,425,986$496,487$7,726,523
74$13,574,765$1,437,314$454,574$8,423,471
75$14,899,002$1,447,353$409,413$9,189,978
76$16,356,408$1,455,982$360,837$10,033,142
77$17,960,509$1,463,072$308,672$10,960,790
78$19,726,203$1,468,485$252,735$11,981,547
79$21,669,910$1,472,075$192,836$13,104,922
80$23,809,722$1,473,688$128,778$14,341,396
81$26,165,574$1,473,159$60,352$15,702,524
82$28,759,431$1,470,312$0$17,201,039
83$31,615,498$1,464,963$0$18,853,819
84$34,760,446$1,456,913$0$20,688,113
85$38,223,664$1,445,954$0$22,707,491
86$42,037,537$1,431,865$0$24,930,807
87$46,237,748$1,414,409$0$27,378,838
88$50,863,621$1,393,338$0$30,074,484
89$55,958,487$1,368,388$0$33,042,978
90$61,570,092$1,339,278$0$36,312,132
91$67,751,052$1,305,713$0$39,912,596
92$74,559,345$1,267,379$0$43,878,145
93$82,058,861$1,223,944$0$48,246,004
94$90,320,004$1,175,055$0$53,057,197
95$99,420,354$1,120,343$0$58,356,934
96$109,445,402$1,059,412$0$64,195,039
97$120,489,357$991,847$0$70,626,421
98$132,656,032$917,207$0$77,711,593
99$146,059,825$835,029$0$85,517,243
100$160,826,801$744,819$0$94,116,866