Can I retire at age 42 with 810,000?

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 $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%16.2%
1 years$66,889$66,293$65,712$65,145$64,591$62,952
2 years$33,113$32,497$31,899$31,319$30,757$29,118
3 years$21,856$21,237$20,641$20,067$19,514$17,924
4 years$16,229$15,611$15,021$14,457$13,917$12,389
5 years$12,853$12,240$11,657$11,104$10,580$9,118
6 years$10,604$9,994$9,421$8,880$8,371$6,977
7 years$8,997$8,393$7,829$7,301$6,808$5,481
8 years$7,793$7,195$6,639$6,125$5,648$4,388
9 years$6,857$6,264$5,718$5,217$4,756$3,563
10 years$6,109$5,522$4,985$4,497$4,053$2,924
11 years$5,497$4,916$4,389$3,914$3,486$2,419
12 years$4,987$4,412$3,895$3,433$3,020$2,015
13 years$4,556$3,987$3,480$3,031$2,634$1,688
14 years$4,187$3,624$3,127$2,690$2,309$1,420
15 years$3,868$3,311$2,823$2,399$2,033$1,199
16 years$3,589$3,038$2,560$2,148$1,797$1,015
17 years$3,342$2,797$2,329$1,930$1,593$861
18 years$3,124$2,585$2,126$1,739$1,416$733
19 years$2,929$2,396$1,946$1,572$1,263$624
20 years$2,753$2,226$1,786$1,424$1,128$533
21 years$2,594$2,074$1,643$1,292$1,009$455
22 years$2,450$1,936$1,514$1,175$905$389
23 years$2,319$1,810$1,398$1,070$812$333
24 years$2,199$1,696$1,293$976$730$285
25 years$2,088$1,592$1,198$891$657$245
26 years$1,987$1,496$1,111$815$592$210
27 years$1,892$1,408$1,031$746$533$180
28 years$1,805$1,327$959$683$481$155
29 years$1,724$1,252$892$627$435$133
30 years$1,649$1,182$831$575$393$114
31 years$1,578$1,117$775$528$355$98
32 years$1,512$1,057$723$485$321$84
33 years$1,451$1,001$675$446$291$72
34 years$1,393$949$631$411$263$62
35 years$1,338$900$590$378$238$54
36 years$1,286$854$552$348$216$46
37 years$1,238$811$516$321$196$40
38 years$1,192$771$484$296$177$34
39 years$1,149$733$453$273$161$29
40 years$1,107$698$425$251$146$25
41 years$1,068$664$398$232$132$22
42 years$1,031$632$373$214$120$19
43 years$996$603$350$198$109$16
44 years$962$574$329$183$99$14
45 years$930$548$309$169$90$12
46 years$900$523$290$156$82$10
47 years$871$499$273$144$74$9
48 years$843$476$256$133$67$8
49 years$816$455$241$123$61$7
50 years$791$434$226$114$55$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $810,000, adding $4,048 every year, while hoping to spend $28,450 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: 54/23/23 Blend
41$810,000$810,000$810,000$810,000
42$896,796$853,866$841,311$939,352
43$957,998$865,434$839,224$980,618
44$1,024,490$876,617$836,114$1,022,215
45$1,096,780$887,363$831,916$1,066,902
46$1,175,429$897,622$826,563$1,114,982
47$1,261,055$907,336$819,984$1,166,793
48$1,354,334$916,448$812,105$1,222,708
49$1,456,014$924,892$802,849$1,283,135
50$1,566,918$932,602$792,134$1,348,530
51$1,687,948$939,504$779,876$1,419,392
52$1,820,102$945,523$765,985$1,496,275
53$1,964,475$950,576$750,368$1,579,788
54$2,122,274$954,577$732,928$1,670,607
55$2,294,827$957,432$713,562$1,769,475
56$2,483,597$959,044$692,164$1,877,213
57$2,690,194$959,308$668,622$1,994,728
58$2,916,393$958,112$642,819$2,123,022
59$3,164,145$955,340$614,634$2,263,198
60$3,435,602$950,866$583,939$2,416,477
61$3,733,132$944,557$550,599$2,584,203
62$4,059,344$936,272$514,476$2,767,863
63$4,417,110$925,863$475,425$2,969,096
64$4,809,596$913,171$433,292$3,189,710
65$5,240,286$898,028$387,918$3,431,702
66$5,713,020$880,256$339,139$3,697,273
67$6,232,027$859,667$286,779$3,988,854
68$6,801,966$836,063$230,658$4,309,127
69$7,427,968$809,231$170,586$4,661,048
70$8,115,686$778,950$106,367$5,047,883
71$8,871,349$744,981$37,793$5,473,230
72$9,701,817$707,075$0$5,941,061
73$10,614,649$664,969$0$6,464,442
74$11,618,172$618,381$0$7,049,982
75$12,721,561$567,017$0$7,693,786
76$13,934,923$510,563$0$8,401,792
77$15,269,394$448,690$0$9,180,547
78$16,737,244$381,047$0$10,037,267
79$18,351,992$307,267$0$10,979,908
80$20,128,531$226,960$0$12,017,239
81$22,083,274$139,713$0$13,158,925
82$24,234,302$45,093$0$14,415,623
83$26,601,538$0$0$15,799,076
84$29,206,936$0$0$17,336,749
85$32,074,684$0$0$19,041,911
86$35,231,434$0$0$20,919,009
87$38,706,554$0$0$22,985,519
88$42,532,404$0$0$25,260,695
89$46,744,641$0$0$27,765,754
90$51,382,556$0$0$30,524,076
91$56,489,441$0$0$33,561,422
92$62,113,003$0$0$36,906,181
93$68,305,810$0$0$40,589,632
94$75,125,788$0$0$44,646,244
95$82,636,766$0$0$49,113,999
96$90,909,081$0$0$54,034,751
97$100,020,237$0$0$59,454,620
98$110,055,643$0$0$65,424,428
99$121,109,410$0$0$72,000,178
100$133,285,246$0$0$79,243,582