Can I retire at age 42 with 810,000?

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 $810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$66,889$66,293$65,712$65,145$64,591$64,023
2 years$33,113$32,497$31,899$31,319$30,757$30,185
3 years$21,856$21,237$20,641$20,067$19,514$18,955
4 years$16,229$15,611$15,021$14,457$13,917$13,376
5 years$12,853$12,240$11,657$11,104$10,580$10,058
6 years$10,604$9,994$9,421$8,880$8,371$7,869
7 years$8,997$8,393$7,829$7,301$6,808$6,326
8 years$7,793$7,195$6,639$6,125$5,648$5,186
9 years$6,857$6,264$5,718$5,217$4,756$4,315
10 years$6,109$5,522$4,985$4,497$4,053$3,631
11 years$5,497$4,916$4,389$3,914$3,486$3,083
12 years$4,987$4,412$3,895$3,433$3,020$2,637
13 years$4,556$3,987$3,480$3,031$2,634$2,269
14 years$4,187$3,624$3,127$2,690$2,309$1,962
15 years$3,868$3,311$2,823$2,399$2,033$1,704
16 years$3,589$3,038$2,560$2,148$1,797$1,484
17 years$3,342$2,797$2,329$1,930$1,593$1,297
18 years$3,124$2,585$2,126$1,739$1,416$1,137
19 years$2,929$2,396$1,946$1,572$1,263$998
20 years$2,753$2,226$1,786$1,424$1,128$878
21 years$2,594$2,074$1,643$1,292$1,009$774
22 years$2,450$1,936$1,514$1,175$905$683
23 years$2,319$1,810$1,398$1,070$812$604
24 years$2,199$1,696$1,293$976$730$534
25 years$2,088$1,592$1,198$891$657$473
26 years$1,987$1,496$1,111$815$592$419
27 years$1,892$1,408$1,031$746$533$372
28 years$1,805$1,327$959$683$481$330
29 years$1,724$1,252$892$627$435$293
30 years$1,649$1,182$831$575$393$260
31 years$1,578$1,117$775$528$355$231
32 years$1,512$1,057$723$485$321$206
33 years$1,451$1,001$675$446$291$183
34 years$1,393$949$631$411$263$163
35 years$1,338$900$590$378$238$145
36 years$1,286$854$552$348$216$129
37 years$1,238$811$516$321$196$115
38 years$1,192$771$484$296$177$102
39 years$1,149$733$453$273$161$91
40 years$1,107$698$425$251$146$81
41 years$1,068$664$398$232$132$72
42 years$1,031$632$373$214$120$64
43 years$996$603$350$198$109$57
44 years$962$574$329$183$99$51
45 years$930$548$309$169$90$46
46 years$900$523$290$156$82$41
47 years$871$499$273$144$74$36
48 years$843$476$256$133$67$32
49 years$816$455$241$123$61$29
50 years$791$434$226$114$55$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $810,000, adding $3,200 every year, while hoping to spend $41,637 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: 79/5/16 Blend
41$810,000$810,000$810,000$810,000
42$895,921$852,991$840,436$963,393
43$943,003$850,486$824,289$1,005,788
44$993,493$846,463$806,206$1,046,665
45$1,047,693$840,803$786,077$1,090,352
46$1,105,936$833,381$763,790$1,137,114
47$1,168,589$824,064$739,224$1,187,243
48$1,236,052$812,711$712,255$1,241,060
49$1,308,767$799,171$682,754$1,298,920
50$1,387,219$783,288$650,583$1,361,214
51$1,471,938$764,892$615,600$1,428,373
52$1,563,510$743,806$577,658$1,500,871
53$1,662,578$719,843$536,599$1,579,235
54$1,769,848$692,802$492,262$1,664,040
55$1,886,096$662,473$444,477$1,755,925
56$2,012,178$628,634$393,066$1,855,591
57$2,149,031$591,047$337,845$1,963,814
58$2,297,688$549,465$278,619$2,081,449
59$2,459,287$503,624$215,187$2,209,436
60$2,635,077$453,244$147,338$2,348,816
61$2,826,432$398,031$74,852$2,500,733
62$3,034,868$337,673$0$2,666,452
63$3,262,048$271,843$0$2,847,791
64$3,509,806$200,192$0$3,059,527
65$3,780,158$122,354$0$3,290,601
66$4,075,326$37,940$0$3,542,928
67$4,397,752$0$0$3,818,613
68$4,750,129$0$0$4,122,918
69$5,135,418$0$0$4,457,950
70$5,556,880$0$0$4,824,463
71$6,018,108$0$0$5,225,581
72$6,523,056$0$0$5,664,748
73$7,076,078$0$0$6,145,754
74$7,681,970$0$0$6,672,773
75$8,346,013$0$0$7,250,404
76$9,074,023$0$0$7,883,708
77$9,872,407$0$0$8,578,262
78$10,748,221$0$0$9,340,210
79$11,709,235$0$0$10,176,315
80$12,764,011$0$0$11,094,030
81$13,921,978$0$0$12,101,564
82$15,193,523$0$0$13,207,959
83$16,590,087$0$0$14,423,174
84$18,124,277$0$0$15,758,184
85$19,809,976$0$0$17,225,076
86$21,662,483$0$0$18,837,168
87$23,698,650$0$0$20,609,129
88$25,937,044$0$0$22,557,123
89$28,398,120$0$0$24,698,957
90$31,104,414$0$0$27,054,250
91$34,080,755$0$0$29,644,617
92$37,354,499$0$0$32,493,873
93$40,955,786$0$0$35,628,256
94$44,917,825$0$0$39,076,677
95$49,277,205$0$0$42,870,988
96$54,074,242$0$0$47,046,286
97$59,353,356$0$0$51,641,242
98$65,163,490$0$0$56,698,465
99$71,558,575$0$0$62,264,903
100$78,598,034$0$0$68,392,290