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%20%
1 years$30,967$30,691$30,422$30,160$29,903$28,705
2 years$15,330$15,045$14,768$14,500$14,240$13,048
3 years$10,119$9,832$9,556$9,290$9,034$7,886
4 years$7,513$7,227$6,954$6,693$6,443$5,347
5 years$5,951$5,666$5,397$5,141$4,898$3,857
6 years$4,909$4,627$4,361$4,111$3,876$2,891
7 years$4,165$3,886$3,624$3,380$3,152$2,222
8 years$3,608$3,331$3,074$2,835$2,615$1,740
9 years$3,175$2,900$2,647$2,415$2,202$1,380
10 years$2,828$2,556$2,308$2,082$1,876$1,106
11 years$2,545$2,276$2,032$1,812$1,614$893
12 years$2,309$2,043$1,803$1,589$1,398$725
13 years$2,109$1,846$1,611$1,403$1,219$592
14 years$1,939$1,678$1,448$1,245$1,069$485
15 years$1,791$1,533$1,307$1,111$941$398
16 years$1,661$1,406$1,185$995$832$328
17 years$1,547$1,295$1,078$894$738$271
18 years$1,446$1,197$984$805$656$224
19 years$1,356$1,109$901$728$585$186
20 years$1,275$1,031$827$659$522$154
21 years$1,201$960$761$598$467$128
22 years$1,134$896$701$544$419$106
23 years$1,074$838$647$495$376$88
24 years$1,018$785$599$452$338$73
25 years$967$737$554$413$304$61
26 years$920$693$514$377$274$51
27 years$876$652$478$345$247$42
28 years$836$614$444$316$223$35
29 years$798$579$413$290$201$29
30 years$763$547$385$266$182$24
31 years$731$517$359$245$164$20
32 years$700$489$335$225$149$17
33 years$672$464$313$207$135$14
34 years$645$439$292$190$122$12
35 years$619$417$273$175$110$10
36 years$596$396$255$161$100$8
37 years$573$376$239$149$91$7
38 years$552$357$224$137$82$6
39 years$532$339$210$126$74$5
40 years$513$323$197$116$68$4
41 years$495$307$184$107$61$3
42 years$477$293$173$99$56$3
43 years$461$279$162$92$50$2
44 years$446$266$152$84$46$2
45 years$431$254$143$78$42$2
46 years$417$242$134$72$38$1
47 years$403$231$126$67$34$1
48 years$390$220$119$62$31$1
49 years$378$210$111$57$28$1
50 years$366$201$105$53$26$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $375,000, adding $6,505 every year, while hoping to spend $28,878 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: 39/49/12 Blend
41$375,000$375,000$375,000$375,000
42$419,960$400,085$394,272$434,581
43$432,070$388,963$376,755$434,435
44$444,447$376,328$357,682$430,960
45$457,089$362,076$336,972$426,567
46$469,990$346,096$314,539$421,185
47$483,144$328,271$290,292$414,741
48$496,545$308,476$264,136$407,156
49$510,183$286,581$235,975$398,347
50$524,045$262,448$205,704$388,225
51$538,119$235,929$173,217$376,695
52$552,388$206,871$138,400$363,658
53$566,834$175,109$101,138$349,006
54$581,432$140,471$61,308$332,625
55$596,159$102,774$18,782$314,396
56$610,983$61,826$0$294,190
57$625,871$17,423$0$275,277
58$640,783$0$0$256,892
59$655,676$0$0$253,019
60$670,497$0$0$258,482
61$685,191$0$0$263,862
62$699,692$0$0$269,130
63$713,927$0$0$274,253
64$727,814$0$0$279,195
65$741,262$0$0$283,916
66$754,166$0$0$288,370
67$766,411$0$0$292,507
68$777,868$0$0$296,269
69$788,392$0$0$299,593
70$797,822$0$0$302,410
71$805,977$0$0$304,640
72$812,658$0$0$306,196
73$817,641$0$0$306,981
74$820,678$0$0$306,887
75$821,494$0$0$305,794
76$819,781$0$0$303,569
77$815,201$0$0$300,065
78$807,375$0$0$295,117
79$795,885$0$0$288,545
80$780,267$0$0$280,147
81$760,007$0$0$269,701
82$734,535$0$0$256,960
83$703,221$0$0$241,652
84$665,366$0$0$223,475
85$620,199$0$0$202,094
86$566,863$0$0$177,141
87$504,415$0$0$148,208
88$431,808$0$0$114,843
89$347,888$0$0$76,547
90$251,377$0$0$32,770
91$140,864$0$0$0
92$14,789$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0