Can I retire at age 42 with 870,000?

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 $870,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$71,844$71,204$70,579$69,970$69,375$67,919
2 years$35,566$34,904$34,262$33,639$33,036$31,575
3 years$23,475$22,810$22,170$21,553$20,959$19,540
4 years$17,431$16,768$16,134$15,528$14,948$13,582
5 years$13,805$13,146$12,521$11,927$11,363$10,053
6 years$11,389$10,735$10,118$9,538$8,992$7,739
7 years$9,664$9,015$8,408$7,842$7,313$6,118
8 years$8,371$7,728$7,131$6,578$6,066$4,930
9 years$7,365$6,728$6,142$5,603$5,109$4,029
10 years$6,561$5,931$5,355$4,830$4,353$3,329
11 years$5,904$5,280$4,714$4,204$3,744$2,774
12 years$5,357$4,739$4,184$3,687$3,244$2,327
13 years$4,894$4,282$3,738$3,255$2,829$1,964
14 years$4,498$3,893$3,359$2,890$2,480$1,664
15 years$4,154$3,556$3,032$2,577$2,183$1,416
16 years$3,854$3,263$2,749$2,307$1,930$1,208
17 years$3,590$3,005$2,502$2,073$1,711$1,034
18 years$3,355$2,776$2,284$1,868$1,521$886
19 years$3,145$2,573$2,091$1,688$1,356$761
20 years$2,957$2,391$1,919$1,529$1,211$655
21 years$2,786$2,227$1,765$1,388$1,084$564
22 years$2,632$2,079$1,627$1,262$972$487
23 years$2,491$1,945$1,502$1,149$872$420
24 years$2,362$1,822$1,389$1,048$784$363
25 years$2,243$1,710$1,286$957$705$314
26 years$2,134$1,607$1,193$875$635$272
27 years$2,033$1,512$1,108$801$573$235
28 years$1,939$1,425$1,030$734$517$204
29 years$1,852$1,344$958$673$467$177
30 years$1,771$1,270$893$618$422$153
31 years$1,695$1,200$832$567$381$133
32 years$1,624$1,136$777$521$345$115
33 years$1,558$1,075$725$479$312$100
34 years$1,496$1,019$677$441$283$87
35 years$1,437$967$633$406$256$75
36 years$1,382$918$593$374$232$65
37 years$1,330$872$555$345$210$57
38 years$1,280$828$519$318$191$49
39 years$1,234$788$487$293$173$43
40 years$1,189$749$456$270$157$37
41 years$1,147$713$428$249$142$32
42 years$1,108$679$401$230$129$28
43 years$1,070$647$376$212$117$24
44 years$1,034$617$353$196$106$21
45 years$999$588$332$181$97$18
46 years$967$561$312$167$88$16
47 years$935$536$293$154$80$14
48 years$905$511$275$143$72$12
49 years$877$488$259$132$66$10
50 years$849$466$243$122$60$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $870,000, adding $4,906 every year, while hoping to spend $35,148 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: 30/43/27 Blend
41$870,000$870,000$870,000$870,000
42$963,801$917,691$904,206$984,582
43$1,024,711$925,260$897,099$1,008,728
44$1,090,656$932,023$888,577$1,031,273
45$1,162,113$937,901$878,554$1,054,826
46$1,239,605$942,815$866,942$1,079,497
47$1,323,708$946,676$853,648$1,105,412
48$1,415,056$949,393$838,575$1,132,712
49$1,514,346$950,868$821,621$1,161,555
50$1,622,344$950,995$802,681$1,192,118
51$1,739,895$949,666$781,642$1,224,598
52$1,867,926$946,761$758,389$1,259,218
53$2,007,459$942,157$732,799$1,296,225
54$2,159,618$935,721$704,746$1,335,895
55$2,325,640$927,313$674,097$1,378,537
56$2,506,888$916,783$640,711$1,424,496
57$2,704,859$903,974$604,444$1,474,154
58$2,921,206$888,720$565,143$1,527,941
59$3,157,743$870,842$522,650$1,586,333
60$3,416,473$850,153$476,799$1,649,860
61$3,699,597$826,454$427,416$1,719,112
62$4,009,541$799,536$374,320$1,794,746
63$4,348,976$769,175$317,321$1,877,492
64$4,720,843$735,136$256,223$1,968,161
65$5,128,381$697,169$190,818$2,067,654
66$5,575,157$655,012$120,892$2,176,971
67$6,065,100$608,385$46,219$2,297,223
68$6,602,538$556,993$0$2,429,642
69$7,192,237$500,525$0$2,585,238
70$7,839,446$438,652$0$2,770,720
71$8,549,949$371,025$0$2,974,514
72$9,330,116$297,278$0$3,198,559
73$10,186,964$217,021$0$3,444,999
74$11,128,224$129,845$0$3,716,205
75$12,162,411$35,315$0$4,014,795
76$13,298,908$0$0$4,343,665
77$14,548,048$0$0$4,737,726
78$15,921,220$0$0$5,189,433
79$17,430,967$0$0$5,686,221
80$19,091,111$0$0$6,232,656
81$20,916,878$0$0$6,833,770
82$22,925,045$0$0$7,495,108
83$25,134,097$0$0$8,222,777
84$27,564,399$0$0$9,023,508
85$30,238,390$0$0$9,904,718
86$33,180,795$0$0$10,874,576
87$36,418,855$0$0$11,942,086
88$39,982,586$0$0$13,117,169
89$43,905,062$0$0$14,410,755
90$48,222,723$0$0$15,834,890
91$52,975,726$0$0$17,402,845
92$58,208,315$0$0$19,129,245
93$63,969,243$0$0$21,030,203
94$70,312,232$0$0$23,123,478
95$77,296,477$0$0$25,428,634
96$84,987,206$0$0$27,967,233
97$93,456,293$0$0$30,763,033
98$102,782,939$0$0$33,842,213
99$113,054,418$0$0$37,233,623
100$124,366,897$0$0$40,969,050