Can I retire at age 42 with 1,090,000?

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 $1,090,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$90,011$89,209$88,427$87,664$86,918$85,761
2 years$44,560$43,730$42,926$42,146$41,390$40,226
3 years$29,412$28,578$27,776$27,003$26,259$25,125
4 years$21,839$21,008$20,214$19,454$18,728$17,632
5 years$17,296$16,470$15,687$14,943$14,237$13,182
6 years$14,269$13,449$12,677$11,950$11,265$10,253
7 years$12,108$11,295$10,535$9,825$9,162$8,192
8 years$10,487$9,682$8,934$8,242$7,600$6,674
9 years$9,228$8,430$7,695$7,020$6,401$5,516
10 years$8,220$7,430$6,709$6,051$5,454$4,611
11 years$7,397$6,615$5,906$5,267$4,690$3,889
12 years$6,711$5,937$5,242$4,619$4,065$3,303
13 years$6,131$5,365$4,683$4,078$3,544$2,822
14 years$5,635$4,877$4,208$3,620$3,107$2,422
15 years$5,205$4,455$3,799$3,229$2,736$2,088
16 years$4,829$4,088$3,444$2,891$2,418$1,805
17 years$4,498$3,765$3,134$2,597$2,144$1,566
18 years$4,204$3,479$2,861$2,341$1,906$1,361
19 years$3,941$3,224$2,619$2,115$1,699$1,186
20 years$3,705$2,996$2,404$1,916$1,518$1,035
21 years$3,491$2,790$2,211$1,739$1,358$905
22 years$3,297$2,605$2,038$1,581$1,217$792
23 years$3,121$2,436$1,882$1,440$1,093$694
24 years$2,959$2,283$1,740$1,313$982$609
25 years$2,810$2,142$1,612$1,199$884$534
26 years$2,673$2,013$1,495$1,096$796$469
27 years$2,547$1,895$1,388$1,004$718$413
28 years$2,429$1,785$1,290$919$648$363
29 years$2,320$1,684$1,201$843$585$319
30 years$2,219$1,591$1,119$774$528$281
31 years$2,124$1,504$1,043$711$478$248
32 years$2,035$1,423$973$653$432$218
33 years$1,952$1,347$908$601$391$192
34 years$1,874$1,277$849$553$354$170
35 years$1,800$1,211$794$509$321$150
36 years$1,731$1,150$742$469$291$132
37 years$1,666$1,092$695$432$263$116
38 years$1,604$1,038$651$398$239$103
39 years$1,546$987$610$367$217$91
40 years$1,490$939$571$338$196$80
41 years$1,438$894$536$312$178$71
42 years$1,388$851$503$288$162$62
43 years$1,340$811$472$266$147$55
44 years$1,295$773$443$246$133$49
45 years$1,252$737$416$227$121$43
46 years$1,211$703$390$210$110$38
47 years$1,172$671$367$194$100$33
48 years$1,134$641$345$179$91$30
49 years$1,098$612$324$165$82$26
50 years$1,064$584$305$153$75$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $1,090,000, adding $4,033 every year, while hoping to spend $41,867 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: 68/18/14 Blend
41$1,090,000$1,090,000$1,090,000$1,090,000
42$1,205,340$1,147,570$1,130,675$1,283,170
43$1,283,739$1,159,255$1,124,006$1,347,197
44$1,368,731$1,170,109$1,115,711$1,411,852
45$1,460,944$1,180,047$1,105,691$1,481,500
46$1,561,071$1,188,980$1,093,842$1,556,627
47$1,669,870$1,196,810$1,080,056$1,637,768
48$1,788,179$1,203,436$1,064,219$1,725,515
49$1,916,916$1,208,747$1,046,214$1,820,519
50$2,057,094$1,212,629$1,025,915$1,923,499
51$2,209,827$1,214,957$1,003,192$2,035,247
52$2,376,341$1,215,601$977,910$2,156,639
53$2,557,984$1,214,421$949,926$2,288,636
54$2,756,241$1,211,271$919,092$2,432,304
55$2,972,746$1,205,992$885,250$2,588,815
56$3,209,299$1,198,419$848,239$2,759,462
57$3,467,881$1,188,374$807,888$2,945,672
58$3,750,672$1,175,671$764,019$3,149,018
59$4,060,073$1,160,112$716,447$3,371,235
60$4,398,728$1,141,485$664,975$3,614,236
61$4,769,549$1,119,568$609,402$3,880,132
62$5,175,741$1,094,125$549,515$4,171,250
63$5,620,835$1,064,906$485,093$4,490,157
64$6,108,720$1,031,646$415,903$4,839,683
65$6,643,677$994,064$341,704$5,222,950
66$7,230,424$951,866$262,243$5,643,399
67$7,874,156$904,735$177,256$6,104,827
68$8,580,594$852,342$86,469$6,611,420
69$9,356,042$794,334$0$7,167,792
70$10,207,443$730,341$0$7,780,591
71$11,142,446$659,971$0$8,467,756
72$12,169,474$582,809$0$9,222,594
73$13,297,810$498,416$0$10,051,975
74$14,537,678$406,330$0$10,963,475
75$15,900,343$306,062$0$11,965,443
76$17,398,215$197,095$0$13,067,078
77$19,044,964$78,884$0$14,278,524
78$20,855,654$0$0$15,610,959
79$22,846,879$0$0$17,086,437
80$25,036,924$0$0$18,726,495
81$27,445,932$0$0$20,530,602
82$30,096,100$0$0$22,515,389
83$33,011,881$0$0$24,699,180
84$36,220,221$0$0$27,102,165
85$39,750,806$0$0$29,746,590
86$43,636,349$0$0$32,656,967
87$47,912,893$0$0$35,860,303
88$52,620,152$0$0$39,386,358
89$57,801,886$0$0$43,267,922
90$63,506,312$0$0$47,541,126
91$69,786,562$0$0$52,245,784
92$76,701,180$0$0$57,425,763
93$84,314,675$0$0$63,129,404
94$92,698,131$0$0$69,409,972
95$101,929,874$0$0$76,326,161
96$112,096,217$0$0$83,942,647
97$123,292,266$0$0$92,330,699
98$135,622,822$0$0$101,568,847
99$149,203,369$0$0$111,743,629
100$164,161,163$0$0$122,950,405