Can I retire at age 42 with 910,000?

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 $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%17.8%
1 years$75,147$74,478$73,825$73,187$72,565$70,270
2 years$37,201$36,509$35,837$35,186$34,555$32,264
3 years$24,555$23,859$23,189$22,544$21,923$19,707
4 years$18,232$17,539$16,876$16,242$15,636$13,512
5 years$14,440$13,751$13,096$12,475$11,886$9,861
6 years$11,913$11,228$10,584$9,977$9,405$7,480
7 years$10,108$9,430$8,795$8,202$7,649$5,823
8 years$8,755$8,083$7,459$6,881$6,345$4,619
9 years$7,704$7,038$6,424$5,861$5,344$3,714
10 years$6,863$6,203$5,601$5,052$4,553$3,017
11 years$6,175$5,522$4,931$4,397$3,916$2,471
12 years$5,603$4,957$4,376$3,857$3,393$2,037
13 years$5,119$4,479$3,910$3,405$2,959$1,688
14 years$4,704$4,072$3,513$3,022$2,594$1,404
15 years$4,345$3,719$3,172$2,695$2,284$1,172
16 years$4,032$3,413$2,876$2,413$2,019$981
17 years$3,755$3,143$2,617$2,168$1,790$823
18 years$3,510$2,904$2,389$1,954$1,591$692
19 years$3,290$2,692$2,187$1,766$1,418$582
20 years$3,093$2,501$2,007$1,599$1,267$491
21 years$2,915$2,330$1,846$1,451$1,134$414
22 years$2,753$2,175$1,701$1,320$1,016$350
23 years$2,605$2,034$1,571$1,202$912$296
24 years$2,470$1,906$1,453$1,096$820$250
25 years$2,346$1,788$1,346$1,001$738$212
26 years$2,232$1,681$1,248$915$665$179
27 years$2,126$1,582$1,159$838$599$152
28 years$2,028$1,491$1,077$768$541$129
29 years$1,937$1,406$1,003$704$488$109
30 years$1,852$1,328$934$646$441$92
31 years$1,773$1,255$871$593$399$78
32 years$1,699$1,188$812$545$361$67
33 years$1,630$1,125$758$501$326$56
34 years$1,564$1,066$709$461$296$48
35 years$1,503$1,011$662$425$268$41
36 years$1,445$960$620$391$243$34
37 years$1,391$912$580$360$220$29
38 years$1,339$866$543$332$199$25
39 years$1,290$824$509$306$181$21
40 years$1,244$784$477$283$164$18
41 years$1,200$746$447$261$149$15
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$9
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$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $910,000, adding $5,325 every year, while hoping to spend $29,440 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: 58/22/20 Blend
41$910,000$910,000$910,000$910,000
42$1,008,313$960,083$945,978$1,061,154
43$1,079,837$975,803$946,344$1,113,394
44$1,157,669$991,307$945,736$1,166,670
45$1,242,423$1,006,552$944,090$1,224,097
46$1,334,772$1,021,495$941,338$1,286,083
47$1,435,458$1,036,087$937,412$1,353,076
48$1,545,296$1,050,277$932,237$1,425,571
49$1,665,186$1,064,010$925,737$1,504,114
50$1,796,116$1,077,228$917,830$1,589,306
51$1,939,175$1,089,867$908,432$1,681,812
52$2,095,561$1,101,861$897,455$1,782,364
53$2,266,595$1,113,139$884,806$1,891,770
54$2,453,728$1,123,623$870,388$2,010,921
55$2,658,561$1,133,233$854,099$2,140,799
56$2,882,856$1,141,883$835,832$2,282,489
57$3,128,552$1,149,480$815,477$2,437,187
58$3,397,785$1,155,926$792,917$2,606,212
59$3,692,910$1,161,116$768,030$2,791,017
60$4,016,516$1,164,940$740,689$2,993,209
61$4,371,458$1,167,280$710,759$3,214,556
62$4,760,880$1,168,010$678,103$3,457,009
63$5,188,245$1,166,997$642,574$3,722,722
64$5,657,366$1,164,100$604,021$4,014,069
65$6,172,444$1,159,169$562,283$4,333,666
66$6,738,109$1,152,043$517,194$4,684,402
67$7,359,458$1,142,555$468,582$5,069,459
68$8,042,107$1,130,525$416,264$5,492,350
69$8,792,244$1,115,763$360,051$5,956,946
70$9,616,685$1,098,067$299,745$6,467,516
71$10,522,940$1,077,225$235,139$7,028,769
72$11,519,281$1,053,010$166,018$7,645,894
73$12,614,823$1,025,184$92,155$8,324,618
74$13,819,609$993,492$13,316$9,071,251
75$15,144,703$957,666$0$9,892,752
76$16,602,294$917,423$0$10,811,908
77$18,205,813$872,462$0$11,826,080
78$19,970,059$822,465$0$12,941,809
79$21,911,336$767,098$0$14,169,438
80$24,047,611$706,004$0$15,520,368
81$26,398,677$638,807$0$17,007,163
82$28,986,345$565,112$0$18,643,673
83$31,834,648$484,498$0$20,445,160
84$34,970,066$396,523$0$22,428,447
85$38,421,778$300,718$0$24,612,076
86$42,221,934$196,588$0$27,016,481
87$46,405,962$83,612$0$29,664,184
88$51,012,899$0$0$32,580,010
89$56,085,760$0$0$35,800,701
90$61,671,943$0$0$39,369,683
91$67,823,678$0$0$43,300,096
92$74,598,518$0$0$47,628,725
93$82,059,881$0$0$52,396,103
94$90,277,652$0$0$57,646,894
95$99,328,836$0$0$63,430,318
96$109,298,291$0$0$69,800,609
97$120,279,525$0$0$76,817,532
98$132,375,578$0$0$84,546,945
99$145,699,997$0$0$93,061,420
100$160,377,902$0$0$102,440,928