Can I retire at age 42 with 910,000?

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 $910,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$75,147$74,478$73,825$73,187$72,565$70,298
2 years$37,201$36,509$35,837$35,186$34,555$32,291
3 years$24,555$23,859$23,189$22,544$21,923$19,734
4 years$18,232$17,539$16,876$16,242$15,636$13,537
5 years$14,440$13,751$13,096$12,475$11,886$9,884
6 years$11,913$11,228$10,584$9,977$9,405$7,502
7 years$10,108$9,430$8,795$8,202$7,649$5,844
8 years$8,755$8,083$7,459$6,881$6,345$4,637
9 years$7,704$7,038$6,424$5,861$5,344$3,731
10 years$6,863$6,203$5,601$5,052$4,553$3,033
11 years$6,175$5,522$4,931$4,397$3,916$2,486
12 years$5,603$4,957$4,376$3,857$3,393$2,050
13 years$5,119$4,479$3,910$3,405$2,959$1,700
14 years$4,704$4,072$3,513$3,022$2,594$1,415
15 years$4,345$3,719$3,172$2,695$2,284$1,182
16 years$4,032$3,413$2,876$2,413$2,019$990
17 years$3,755$3,143$2,617$2,168$1,790$831
18 years$3,510$2,904$2,389$1,954$1,591$699
19 years$3,290$2,692$2,187$1,766$1,418$589
20 years$3,093$2,501$2,007$1,599$1,267$497
21 years$2,915$2,330$1,846$1,451$1,134$420
22 years$2,753$2,175$1,701$1,320$1,016$355
23 years$2,605$2,034$1,571$1,202$912$300
24 years$2,470$1,906$1,453$1,096$820$254
25 years$2,346$1,788$1,346$1,001$738$215
26 years$2,232$1,681$1,248$915$665$182
27 years$2,126$1,582$1,159$838$599$155
28 years$2,028$1,491$1,077$768$541$131
29 years$1,937$1,406$1,003$704$488$111
30 years$1,852$1,328$934$646$441$94
31 years$1,773$1,255$871$593$399$80
32 years$1,699$1,188$812$545$361$68
33 years$1,630$1,125$758$501$326$58
34 years$1,564$1,066$709$461$296$49
35 years$1,503$1,011$662$425$268$42
36 years$1,445$960$620$391$243$35
37 years$1,391$912$580$360$220$30
38 years$1,339$866$543$332$199$25
39 years$1,290$824$509$306$181$22
40 years$1,244$784$477$283$164$18
41 years$1,200$746$447$261$149$16
42 years$1,159$711$420$241$135$13
43 years$1,119$677$394$222$122$11
44 years$1,081$645$370$205$111$10
45 years$1,045$615$347$189$101$8
46 years$1,011$587$326$175$92$7
47 years$978$560$306$162$83$6
48 years$947$535$288$149$76$5
49 years$917$511$270$138$69$4
50 years$888$488$254$128$62$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $910,000, adding $2,424 every year, while hoping to spend $49,162 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: 48/28/24 Blend
41$910,000$910,000$910,000$910,000
42$1,005,320$957,090$942,985$1,046,612
43$1,055,555$951,680$922,267$1,070,332
44$1,109,266$944,356$899,208$1,090,989
45$1,166,756$934,975$873,676$1,112,430
46$1,228,356$923,380$845,536$1,134,753
47$1,294,432$909,409$814,644$1,158,066
48$1,365,382$892,888$780,853$1,182,494
49$1,441,645$873,633$744,005$1,208,175
50$1,523,702$851,450$703,938$1,235,266
51$1,612,081$826,133$660,482$1,263,945
52$1,707,363$797,464$613,458$1,294,410
53$1,810,186$765,211$562,681$1,326,886
54$1,921,251$729,132$507,956$1,361,622
55$2,041,326$688,967$449,080$1,398,900
56$2,171,258$644,443$385,841$1,439,035
57$2,311,977$595,272$318,018$1,482,378
58$2,464,506$541,147$245,379$1,529,325
59$2,629,969$481,747$167,683$1,580,315
60$2,809,604$416,730$84,677$1,635,841
61$3,004,769$345,736$0$1,696,449
62$3,216,961$268,383$0$1,763,753
63$3,447,827$184,269$0$1,860,639
64$3,699,178$92,971$0$1,966,234
65$3,973,006$0$0$2,081,459
66$4,271,504$0$0$2,209,172
67$4,597,087$0$0$2,379,808
68$4,952,410$0$0$2,566,127
69$5,340,399$0$0$2,769,672
70$5,764,273$0$0$2,992,146
71$6,227,574$0$0$3,235,421
72$6,734,206$0$0$3,501,559
73$7,288,464$0$0$3,792,832
74$7,895,079$0$0$4,111,738
75$8,559,258$0$0$4,461,033
76$9,286,739$0$0$4,843,747
77$10,083,838$0$0$5,263,221
78$10,957,511$0$0$5,723,131
79$11,915,420$0$0$6,227,528
80$12,966,003$0$0$6,780,875
81$14,118,555$0$0$7,388,083
82$15,383,313$0$0$8,054,567
83$16,771,553$0$0$8,786,289
84$18,295,696$0$0$9,589,817
85$19,969,426$0$0$10,472,385
86$21,807,815$0$0$11,441,964
87$23,827,466$0$0$12,507,333
88$26,046,673$0$0$13,678,167
89$28,485,586$0$0$14,965,121
90$31,166,406$0$0$16,379,935
91$34,113,591$0$0$17,935,544
92$37,354,088$0$0$19,646,198
93$40,917,585$0$0$21,527,597
94$44,836,789$0$0$23,597,040
95$49,147,739$0$0$25,873,586
96$53,890,140$0$0$28,378,233
97$59,107,740$0$0$31,134,118
98$64,848,741$0$0$34,166,735
99$71,166,251$0$0$37,504,173
100$78,118,791$0$0$41,177,381