Can I retire at age 42 with 375,000?

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 $375,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$30,967$30,691$30,422$30,160$29,903$29,603
2 years$15,330$15,045$14,768$14,500$14,240$13,937
3 years$10,119$9,832$9,556$9,290$9,034$8,739
4 years$7,513$7,227$6,954$6,693$6,443$6,158
5 years$5,951$5,666$5,397$5,141$4,898$4,623
6 years$4,909$4,627$4,361$4,111$3,876$3,611
7 years$4,165$3,886$3,624$3,380$3,152$2,898
8 years$3,608$3,331$3,074$2,835$2,615$2,372
9 years$3,175$2,900$2,647$2,415$2,202$1,970
10 years$2,828$2,556$2,308$2,082$1,876$1,655
11 years$2,545$2,276$2,032$1,812$1,614$1,402
12 years$2,309$2,043$1,803$1,589$1,398$1,197
13 years$2,109$1,846$1,611$1,403$1,219$1,028
14 years$1,939$1,678$1,448$1,245$1,069$887
15 years$1,791$1,533$1,307$1,111$941$769
16 years$1,661$1,406$1,185$995$832$669
17 years$1,547$1,295$1,078$894$738$583
18 years$1,446$1,197$984$805$656$510
19 years$1,356$1,109$901$728$585$447
20 years$1,275$1,031$827$659$522$392
21 years$1,201$960$761$598$467$345
22 years$1,134$896$701$544$419$304
23 years$1,074$838$647$495$376$268
24 years$1,018$785$599$452$338$236
25 years$967$737$554$413$304$209
26 years$920$693$514$377$274$185
27 years$876$652$478$345$247$163
28 years$836$614$444$316$223$145
29 years$798$579$413$290$201$128
30 years$763$547$385$266$182$113
31 years$731$517$359$245$164$101
32 years$700$489$335$225$149$89
33 years$672$464$313$207$135$79
34 years$645$439$292$190$122$70
35 years$619$417$273$175$110$62
36 years$596$396$255$161$100$55
37 years$573$376$239$149$91$49
38 years$552$357$224$137$82$44
39 years$532$339$210$126$74$39
40 years$513$323$197$116$68$35
41 years$495$307$184$107$61$31
42 years$477$293$173$99$56$27
43 years$461$279$162$92$50$24
44 years$446$266$152$84$46$22
45 years$431$254$143$78$42$19
46 years$417$242$134$72$38$17
47 years$403$231$126$67$34$15
48 years$390$220$119$62$31$13
49 years$378$210$111$57$28$12
50 years$366$201$105$53$26$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $375,000, adding $2,919 every year, while hoping to spend $27,025 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: 44/37/19 Blend
41$375,000$375,000$375,000$375,000
42$416,261$396,386$390,573$432,172
43$429,965$387,054$374,903$434,322
44$444,161$376,360$357,802$433,759
45$458,871$364,207$339,194$432,586
46$474,118$350,495$318,999$430,758
47$489,926$335,117$297,133$428,229
48$506,321$317,960$273,510$424,952
49$523,330$298,905$248,037$420,875
50$540,984$277,825$220,620$415,945
51$559,312$254,587$191,159$410,105
52$578,349$229,049$159,550$403,298
53$598,131$201,062$125,685$395,460
54$618,695$170,469$89,450$386,528
55$640,083$137,103$50,728$376,433
56$662,338$100,788$9,394$365,103
57$685,508$61,338$0$352,466
58$709,643$18,556$0$345,479
59$734,797$0$0$339,515
60$761,029$0$0$343,913
61$788,403$0$0$356,395
62$816,985$0$0$369,439
63$846,850$0$0$383,079
64$878,077$0$0$397,352
65$910,752$0$0$412,301
66$944,968$0$0$427,968
67$980,826$0$0$444,403
68$1,018,434$0$0$461,656
69$1,057,911$0$0$479,785
70$1,099,387$0$0$498,851
71$1,143,000$0$0$518,920
72$1,188,904$0$0$540,066
73$1,237,263$0$0$562,367
74$1,288,258$0$0$585,911
75$1,342,086$0$0$610,790
76$1,398,961$0$0$637,109
77$1,459,116$0$0$664,979
78$1,522,807$0$0$694,522
79$1,590,313$0$0$725,873
80$1,661,938$0$0$759,177
81$1,738,015$0$0$794,596
82$1,818,908$0$0$832,303
83$1,905,017$0$0$872,491
84$1,996,777$0$0$915,371
85$2,094,666$0$0$961,171
86$2,199,208$0$0$1,010,145
87$2,310,976$0$0$1,062,569
88$2,430,599$0$0$1,118,745
89$2,558,767$0$0$1,179,007
90$2,696,235$0$0$1,243,720
91$2,843,834$0$0$1,313,283
92$3,002,474$0$0$1,388,137
93$3,173,156$0$0$1,468,765
94$3,356,977$0$0$1,555,696
95$3,555,142$0$0$1,649,513
96$3,768,977$0$0$1,750,857
97$3,999,936$0$0$1,860,430
98$4,249,618$0$0$1,979,005
99$4,519,781$0$0$2,107,433
100$4,812,356$0$0$2,246,647