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%12.7%
1 years$66,889$66,293$65,712$65,145$64,591$63,863
2 years$33,113$32,497$31,899$31,319$30,757$30,025
3 years$21,856$21,237$20,641$20,067$19,514$18,799
4 years$16,229$15,611$15,021$14,457$13,917$13,226
5 years$12,853$12,240$11,657$11,104$10,580$9,914
6 years$10,604$9,994$9,421$8,880$8,371$7,732
7 years$8,997$8,393$7,829$7,301$6,808$6,195
8 years$7,793$7,195$6,639$6,125$5,648$5,061
9 years$6,857$6,264$5,718$5,217$4,756$4,196
10 years$6,109$5,522$4,985$4,497$4,053$3,518
11 years$5,497$4,916$4,389$3,914$3,486$2,976
12 years$4,987$4,412$3,895$3,433$3,020$2,536
13 years$4,556$3,987$3,480$3,031$2,634$2,173
14 years$4,187$3,624$3,127$2,690$2,309$1,872
15 years$3,868$3,311$2,823$2,399$2,033$1,619
16 years$3,589$3,038$2,560$2,148$1,797$1,405
17 years$3,342$2,797$2,329$1,930$1,593$1,223
18 years$3,124$2,585$2,126$1,739$1,416$1,067
19 years$2,929$2,396$1,946$1,572$1,263$933
20 years$2,753$2,226$1,786$1,424$1,128$817
21 years$2,594$2,074$1,643$1,292$1,009$717
22 years$2,450$1,936$1,514$1,175$905$630
23 years$2,319$1,810$1,398$1,070$812$554
24 years$2,199$1,696$1,293$976$730$488
25 years$2,088$1,592$1,198$891$657$430
26 years$1,987$1,496$1,111$815$592$379
27 years$1,892$1,408$1,031$746$533$335
28 years$1,805$1,327$959$683$481$296
29 years$1,724$1,252$892$627$435$261
30 years$1,649$1,182$831$575$393$231
31 years$1,578$1,117$775$528$355$204
32 years$1,512$1,057$723$485$321$181
33 years$1,451$1,001$675$446$291$160
34 years$1,393$949$631$411$263$142
35 years$1,338$900$590$378$238$125
36 years$1,286$854$552$348$216$111
37 years$1,238$811$516$321$196$98
38 years$1,192$771$484$296$177$87
39 years$1,149$733$453$273$161$77
40 years$1,107$698$425$251$146$69
41 years$1,068$664$398$232$132$61
42 years$1,031$632$373$214$120$54
43 years$996$603$350$198$109$48
44 years$962$574$329$183$99$42
45 years$930$548$309$169$90$38
46 years$900$523$290$156$82$33
47 years$871$499$273$144$74$30
48 years$843$476$256$133$67$26
49 years$816$455$241$123$61$23
50 years$791$434$226$114$55$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $810,000, adding $5,930 every year, while hoping to spend $35,518 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: 68/23/9 Blend
41$810,000$810,000$810,000$810,000
42$898,737$855,807$843,252$957,881
43$952,617$859,950$833,710$1,002,042
44$1,010,803$863,107$822,658$1,045,477
45$1,073,695$865,190$810,008$1,092,035
46$1,141,737$866,108$795,667$1,142,016
47$1,215,411$865,765$779,540$1,195,751
48$1,295,253$864,058$761,524$1,253,607
49$1,381,849$860,877$741,515$1,315,986
50$1,475,844$856,106$719,402$1,383,334
51$1,577,947$849,622$695,069$1,456,142
52$1,688,939$841,295$668,396$1,534,952
53$1,809,679$830,986$639,255$1,620,364
54$1,941,110$818,549$607,514$1,713,036
55$2,084,274$803,828$573,036$1,813,698
56$2,240,313$786,658$535,675$1,923,154
57$2,410,486$766,866$495,282$2,042,292
58$2,596,179$744,266$451,698$2,172,090
59$2,798,917$718,663$404,758$2,313,629
60$3,020,380$689,851$354,290$2,468,102
61$3,262,415$657,609$300,115$2,636,824
62$3,527,057$621,708$242,044$2,821,247
63$3,816,546$581,901$179,882$3,022,972
64$4,133,350$537,931$113,425$3,243,767
65$4,480,185$489,522$42,457$3,485,581
66$4,860,042$436,387$0$3,750,567
67$5,276,214$378,218$0$4,044,291
68$5,732,331$314,693$0$4,370,737
69$6,232,386$245,471$0$4,728,733
70$6,780,781$170,191$0$5,121,490
71$7,382,362$88,471$0$5,552,549
72$8,042,468$0$0$6,025,812
73$8,766,978$0$0$6,545,606
74$9,562,369$0$0$7,140,884
75$10,435,777$0$0$7,794,600
76$11,395,061$0$0$8,512,645
77$12,448,880$0$0$9,301,504
78$13,606,771$0$0$10,168,325
79$14,879,242$0$0$11,120,980
80$16,277,869$0$0$12,168,144
81$17,815,407$0$0$13,319,373
82$19,505,904$0$0$14,585,195
83$21,364,842$0$0$15,977,209
84$23,409,276$0$0$17,508,194
85$25,657,997$0$0$19,192,231
86$28,131,708$0$0$21,044,833
87$30,853,220$0$0$23,083,093
88$33,847,666$0$0$25,325,844
89$37,142,740$0$0$27,793,836
90$40,768,954$0$0$30,509,933
91$44,759,928$0$0$33,499,327
92$49,152,706$0$0$36,789,777
93$53,988,106$0$0$40,411,869
94$59,311,105$0$0$44,399,305
95$65,171,260$0$0$48,789,219
96$71,623,179$0$0$53,622,533
97$78,727,034$0$0$58,944,334
98$86,549,128$0$0$64,804,306
99$95,162,523$0$0$71,257,196
100$104,647,723$0$0$78,363,331