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%15.9%
1 years$66,889$66,293$65,712$65,145$64,591$63,029
2 years$33,113$32,497$31,899$31,319$30,757$29,194
3 years$21,856$21,237$20,641$20,067$19,514$17,997
4 years$16,229$15,611$15,021$14,457$13,917$12,458
5 years$12,853$12,240$11,657$11,104$10,580$9,183
6 years$10,604$9,994$9,421$8,880$8,371$7,039
7 years$8,997$8,393$7,829$7,301$6,808$5,539
8 years$7,793$7,195$6,639$6,125$5,648$4,442
9 years$6,857$6,264$5,718$5,217$4,756$3,613
10 years$6,109$5,522$4,985$4,497$4,053$2,971
11 years$5,497$4,916$4,389$3,914$3,486$2,463
12 years$4,987$4,412$3,895$3,433$3,020$2,056
13 years$4,556$3,987$3,480$3,031$2,634$1,725
14 years$4,187$3,624$3,127$2,690$2,309$1,454
15 years$3,868$3,311$2,823$2,399$2,033$1,230
16 years$3,589$3,038$2,560$2,148$1,797$1,044
17 years$3,342$2,797$2,329$1,930$1,593$888
18 years$3,124$2,585$2,126$1,739$1,416$757
19 years$2,929$2,396$1,946$1,572$1,263$646
20 years$2,753$2,226$1,786$1,424$1,128$553
21 years$2,594$2,074$1,643$1,292$1,009$473
22 years$2,450$1,936$1,514$1,175$905$406
23 years$2,319$1,810$1,398$1,070$812$348
24 years$2,199$1,696$1,293$976$730$299
25 years$2,088$1,592$1,198$891$657$257
26 years$1,987$1,496$1,111$815$592$221
27 years$1,892$1,408$1,031$746$533$190
28 years$1,805$1,327$959$683$481$164
29 years$1,724$1,252$892$627$435$141
30 years$1,649$1,182$831$575$393$121
31 years$1,578$1,117$775$528$355$104
32 years$1,512$1,057$723$485$321$90
33 years$1,451$1,001$675$446$291$78
34 years$1,393$949$631$411$263$67
35 years$1,338$900$590$378$238$58
36 years$1,286$854$552$348$216$50
37 years$1,238$811$516$321$196$43
38 years$1,192$771$484$296$177$37
39 years$1,149$733$453$273$161$32
40 years$1,107$698$425$251$146$27
41 years$1,068$664$398$232$132$24
42 years$1,031$632$373$214$120$20
43 years$996$603$350$198$109$18
44 years$962$574$329$183$99$15
45 years$930$548$309$169$90$13
46 years$900$523$290$156$82$11
47 years$871$499$273$144$74$10
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 $4,576 every year, while hoping to spend $51,573 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: 60/26/14 Blend
41$810,000$810,000$810,000$810,000
42$897,340$854,410$841,855$947,790
43$933,996$841,403$815,184$969,306
44$972,661$826,030$785,891$986,576
45$1,013,488$808,121$753,834$1,004,188
46$1,056,640$787,495$718,863$1,022,179
47$1,102,296$763,961$680,824$1,040,594
48$1,150,653$737,317$639,554$1,059,483
49$1,201,923$707,350$594,883$1,078,905
50$1,256,341$673,832$546,633$1,098,927
51$1,314,162$636,524$494,620$1,119,626
52$1,375,666$595,172$438,648$1,141,089
53$1,441,158$549,510$378,517$1,163,418
54$1,510,972$499,252$314,014$1,186,725
55$1,585,477$444,101$244,919$1,211,139
56$1,665,074$383,740$171,002$1,236,808
57$1,750,202$317,834$92,021$1,263,895
58$1,841,345$246,031$7,726$1,292,588
59$1,939,033$167,956$0$1,323,098
60$2,043,845$83,217$0$1,367,946
61$2,156,420$0$0$1,417,144
62$2,277,456$0$0$1,472,341
63$2,407,723$0$0$1,557,417
64$2,548,062$0$0$1,649,121
65$2,699,401$0$0$1,748,063
66$2,862,757$0$0$1,854,915
67$3,039,247$0$0$1,970,415
68$3,230,101$0$0$2,095,375
69$3,436,669$0$0$2,230,686
70$3,660,435$0$0$2,377,329
71$3,903,032$0$0$2,536,381
72$4,166,255$0$0$2,709,028
73$4,452,077$0$0$2,896,575
74$4,762,671$0$0$3,100,454
75$5,100,425$0$0$3,322,245
76$5,467,966$0$0$3,563,683
77$5,868,186$0$0$3,826,679
78$6,304,267$0$0$4,113,335
79$6,779,710$0$0$4,425,964
80$7,298,369$0$0$4,767,113
81$7,864,486$0$0$5,139,585
82$8,482,730$0$0$5,546,465
83$9,158,241$0$0$5,991,149
84$9,896,678$0$0$6,477,379
85$10,704,271$0$0$7,009,271
86$11,587,879$0$0$7,591,358
87$12,555,056$0$0$8,228,633
88$13,614,119$0$0$8,926,594
89$14,774,228$0$0$9,691,293
90$16,045,469$0$0$10,529,399
91$17,438,952$0$0$11,448,254
92$18,966,910$0$0$12,455,945
93$20,642,820$0$0$13,561,379
94$22,481,522$0$0$14,774,368
95$24,499,366$0$0$16,105,719
96$26,714,359$0$0$17,567,334
97$29,146,337$0$0$19,172,328
98$31,817,151$0$0$20,935,145
99$34,750,871$0$0$22,871,696
100$37,974,015$0$0$24,999,513