Can I retire at age 42 with 850,000?

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 $850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$70,192$69,567$68,957$68,362$67,780$66,822
2 years$34,749$34,101$33,474$32,866$32,276$31,313
3 years$22,936$22,286$21,660$21,058$20,477$19,539
4 years$17,030$16,382$15,763$15,171$14,605$13,698
5 years$13,488$12,844$12,233$11,653$11,102$10,230
6 years$11,127$10,488$9,886$9,319$8,785$7,948
7 years$9,442$8,808$8,215$7,661$7,144$6,344
8 years$8,178$7,550$6,967$6,427$5,927$5,162
9 years$7,196$6,574$6,001$5,474$4,991$4,262
10 years$6,410$5,794$5,232$4,719$4,253$3,558
11 years$5,768$5,158$4,606$4,107$3,658$2,997
12 years$5,234$4,630$4,088$3,602$3,170$2,542
13 years$4,781$4,184$3,652$3,180$2,764$2,169
14 years$4,394$3,803$3,281$2,823$2,423$1,859
15 years$4,059$3,474$2,963$2,518$2,133$1,600
16 years$3,766$3,188$2,686$2,254$1,885$1,382
17 years$3,507$2,936$2,444$2,026$1,672$1,197
18 years$3,278$2,713$2,231$1,825$1,486$1,039
19 years$3,073$2,514$2,043$1,649$1,325$904
20 years$2,889$2,336$1,875$1,494$1,183$788
21 years$2,722$2,176$1,724$1,356$1,059$688
22 years$2,571$2,031$1,589$1,233$949$601
23 years$2,433$1,900$1,467$1,123$852$526
24 years$2,307$1,780$1,357$1,024$766$460
25 years$2,191$1,670$1,257$935$689$403
26 years$2,085$1,570$1,166$855$621$354
27 years$1,986$1,478$1,082$783$560$311
28 years$1,894$1,392$1,006$717$505$273
29 years$1,809$1,313$936$658$456$240
30 years$1,730$1,240$872$603$412$211
31 years$1,656$1,173$813$554$373$185
32 years$1,587$1,109$759$509$337$163
33 years$1,522$1,051$708$468$305$143
34 years$1,461$996$662$431$276$126
35 years$1,404$945$619$397$250$111
36 years$1,350$897$579$365$227$98
37 years$1,299$851$542$337$205$86
38 years$1,251$809$507$310$186$76
39 years$1,205$769$475$286$169$67
40 years$1,162$732$446$264$153$59
41 years$1,121$697$418$243$139$52
42 years$1,082$664$392$225$126$46
43 years$1,045$632$368$207$114$40
44 years$1,010$603$345$192$104$36
45 years$976$575$324$177$94$31
46 years$944$548$304$163$86$28
47 years$914$523$286$151$78$24
48 years$885$500$269$139$71$21
49 years$857$477$253$129$64$19
50 years$830$456$238$119$58$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $850,000, adding $5,681 every year, while hoping to spend $54,889 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: 61/14/25 Blend
41$850,000$850,000$850,000$850,000
42$942,560$897,510$884,335$993,452
43$980,300$883,086$855,559$1,014,246
44$1,020,049$866,117$823,979$1,030,457
45$1,061,955$846,418$789,443$1,046,958
46$1,106,179$823,796$751,794$1,063,787
47$1,152,894$798,047$710,864$1,080,990
48$1,202,291$768,953$666,480$1,098,617
49$1,254,579$736,286$618,461$1,116,728
50$1,309,984$699,802$566,618$1,135,391
51$1,368,755$659,245$510,752$1,154,684
52$1,431,163$614,343$450,657$1,174,697
53$1,497,504$564,808$386,116$1,195,531
54$1,568,104$510,338$316,905$1,217,302
55$1,643,317$450,611$242,788$1,240,141
56$1,723,533$385,289$163,519$1,264,196
57$1,809,177$314,012$78,842$1,289,635
58$1,900,718$236,403$0$1,316,647
59$1,998,666$152,062$0$1,348,521
60$2,103,584$60,567$0$1,405,064
61$2,216,086$0$0$1,465,574
62$2,336,848$0$0$1,536,368
63$2,466,612$0$0$1,622,511
64$2,606,191$0$0$1,715,217
65$2,756,479$0$0$1,815,087
66$2,918,456$0$0$1,922,779
67$3,093,201$0$0$2,039,015
68$3,281,897$0$0$2,164,591
69$3,485,846$0$0$2,300,380
70$3,706,477$0$0$2,447,342
71$3,945,362$0$0$2,606,532
72$4,204,230$0$0$2,779,111
73$4,484,980$0$0$2,966,355
74$4,789,702$0$0$3,169,666
75$5,120,694$0$0$3,390,588
76$5,480,484$0$0$3,630,820
77$5,871,853$0$0$3,892,228
78$6,297,861$0$0$4,176,868
79$6,761,875$0$0$4,487,003
80$7,267,601$0$0$4,825,119
81$7,819,114$0$0$5,193,958
82$8,420,904$0$0$5,596,534
83$9,077,909$0$0$6,036,165
84$9,795,569$0$0$6,516,505
85$10,579,869$0$0$7,041,577
86$11,437,400$0$0$7,615,808
87$12,375,418$0$0$8,244,074
88$13,401,913$0$0$8,931,744
89$14,525,683$0$0$9,684,730
90$15,756,416$0$0$10,509,542
91$17,104,781$0$0$11,413,350
92$18,582,527$0$0$12,404,048
93$20,202,594$0$0$13,490,334
94$21,979,235$0$0$14,681,784
95$23,928,147$0$0$15,988,949
96$26,066,619$0$0$17,423,447
97$28,413,695$0$0$18,998,079
98$30,990,355$0$0$20,726,943
99$33,819,705$0$0$22,625,569
100$36,927,202$0$0$24,711,066