Can I retire at age 42 with 800,000?

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 $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%12.8%
1 years$66,063$65,475$64,901$64,340$63,793$63,048
2 years$32,705$32,095$31,505$30,933$30,378$29,628
3 years$21,586$20,975$20,386$19,819$19,273$18,542
4 years$16,029$15,419$14,836$14,278$13,746$13,038
5 years$12,695$12,088$11,513$10,967$10,449$9,768
6 years$10,473$9,871$9,304$8,771$8,268$7,614
7 years$8,886$8,290$7,732$7,211$6,724$6,097
8 years$7,697$7,106$6,557$6,049$5,578$4,978
9 years$6,773$6,187$5,648$5,152$4,698$4,125
10 years$6,033$5,453$4,924$4,441$4,003$3,456
11 years$5,429$4,855$4,335$3,865$3,442$2,922
12 years$4,926$4,357$3,847$3,390$2,983$2,488
13 years$4,500$3,938$3,437$2,993$2,601$2,131
14 years$4,136$3,579$3,088$2,657$2,280$1,834
15 years$3,820$3,270$2,788$2,370$2,008$1,585
16 years$3,544$3,000$2,528$2,122$1,775$1,375
17 years$3,301$2,763$2,300$1,906$1,573$1,196
18 years$3,085$2,553$2,100$1,718$1,399$1,043
19 years$2,892$2,366$1,922$1,552$1,247$911
20 years$2,719$2,199$1,764$1,406$1,114$797
21 years$2,562$2,048$1,623$1,276$997$699
22 years$2,420$1,912$1,496$1,160$893$614
23 years$2,290$1,788$1,381$1,057$802$539
24 years$2,172$1,675$1,277$964$721$475
25 years$2,063$1,572$1,183$880$649$418
26 years$1,962$1,478$1,097$805$584$368
27 years$1,869$1,391$1,019$737$527$325
28 years$1,783$1,310$947$675$475$287
29 years$1,703$1,236$881$619$429$253
30 years$1,628$1,167$821$568$388$224
31 years$1,559$1,104$765$522$351$198
32 years$1,494$1,044$714$479$317$175
33 years$1,433$989$667$441$287$154
34 years$1,375$937$623$406$260$137
35 years$1,321$889$582$373$235$121
36 years$1,271$844$545$344$213$107
37 years$1,223$801$510$317$193$95
38 years$1,177$762$478$292$175$84
39 years$1,134$724$447$269$159$74
40 years$1,094$689$419$248$144$66
41 years$1,055$656$393$229$131$58
42 years$1,019$625$369$211$119$52
43 years$984$595$346$195$108$46
44 years$951$567$325$180$98$41
45 years$919$541$305$166$89$36
46 years$889$516$287$154$81$32
47 years$860$492$269$142$73$28
48 years$833$470$253$131$66$25
49 years$806$449$238$121$60$22
50 years$781$429$224$112$55$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $800,000, adding $3,705 every year, while hoping to spend $25,469 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: 73/15/12 Blend
41$800,000$800,000$800,000$800,000
42$885,422$843,022$830,622$947,621
43$948,636$857,231$831,349$1,003,455
44$1,017,444$871,283$831,246$1,061,080
45$1,092,391$885,143$830,260$1,123,505
46$1,174,073$898,774$828,333$1,191,200
47$1,263,151$912,135$825,404$1,264,679
48$1,360,348$925,186$821,411$1,344,511
49$1,466,462$937,879$816,287$1,431,323
50$1,582,372$950,165$809,963$1,525,805
51$1,709,044$961,994$802,367$1,628,718
52$1,847,543$973,307$793,422$1,740,899
53$1,999,039$984,047$783,049$1,863,272
54$2,164,825$994,149$771,165$1,996,856
55$2,346,320$1,003,545$757,682$2,142,771
56$2,545,089$1,012,163$742,509$2,302,253
57$2,762,855$1,019,926$725,550$2,476,665
58$3,001,516$1,026,752$706,705$2,667,508
59$3,263,160$1,032,552$685,870$2,876,436
60$3,550,091$1,037,235$662,934$3,105,273
61$3,864,841$1,040,702$637,784$3,356,027
62$4,210,205$1,042,846$610,300$3,630,916
63$4,589,257$1,043,556$580,356$3,932,378
64$5,005,385$1,042,714$547,821$4,263,105
65$5,462,321$1,040,194$512,560$4,626,063
66$5,964,176$1,035,861$474,429$5,024,519
67$6,515,477$1,029,574$433,278$5,462,075
68$7,121,215$1,021,182$388,951$5,942,703
69$7,786,884$1,010,526$341,287$6,470,779
70$8,518,540$997,435$290,113$7,051,124
71$9,322,852$981,730$235,253$7,689,056
72$10,207,170$963,222$176,521$8,390,433
73$11,179,590$941,709$113,724$9,161,713
74$12,249,033$916,977$46,658$10,010,013
75$13,425,326$888,801$0$10,943,179
76$14,719,298$856,941$0$11,973,046
77$16,142,880$821,145$0$13,112,538
78$17,709,217$781,144$0$14,366,206
79$19,432,793$736,656$0$15,745,657
80$21,329,567$687,381$0$17,263,682
81$23,417,122$633,002$0$18,934,378
82$25,714,834$573,185$0$20,773,277
83$28,244,051$507,575$0$22,797,498
84$31,028,297$435,799$0$25,025,906
85$34,093,492$357,462$0$27,479,290
86$37,468,197$272,146$0$30,180,560
87$41,183,882$179,410$0$33,154,965
88$45,275,225$78,789$0$36,430,327
89$49,780,440$0$0$40,037,309
90$54,741,631$0$0$44,014,689
91$60,205,196$0$0$48,409,192
92$66,222,263$0$0$53,248,941
93$72,849,169$0$0$58,579,259
94$80,147,994$0$0$64,450,085
95$88,187,149$0$0$70,916,452
96$97,042,015$0$0$78,039,000
97$106,795,660$0$0$85,884,554
98$117,539,621$0$0$94,526,750
99$129,374,766$0$0$104,046,732
100$142,412,249$0$0$114,533,917