Can I retire at age 42 with 440,000?

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 $440,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$36,335$36,011$35,695$35,387$35,086$33,734
2 years$17,988$17,653$17,328$17,013$16,708$15,362
3 years$11,873$11,536$11,212$10,900$10,600$9,302
4 years$8,816$8,480$8,160$7,853$7,560$6,321
5 years$6,982$6,649$6,332$6,032$5,747$4,569
6 years$5,760$5,429$5,117$4,824$4,547$3,432
7 years$4,887$4,559$4,253$3,966$3,698$2,644
8 years$4,233$3,908$3,607$3,327$3,068$2,075
9 years$3,725$3,403$3,106$2,834$2,584$1,650
10 years$3,318$2,999$2,708$2,443$2,201$1,325
11 years$2,986$2,670$2,384$2,126$1,893$1,073
12 years$2,709$2,397$2,116$1,865$1,641$874
13 years$2,475$2,166$1,890$1,646$1,431$715
14 years$2,275$1,969$1,699$1,461$1,254$588
15 years$2,101$1,798$1,534$1,303$1,104$484
16 years$1,949$1,650$1,390$1,167$976$400
17 years$1,816$1,520$1,265$1,049$865$331
18 years$1,697$1,404$1,155$945$769$275
19 years$1,591$1,301$1,057$854$686$228
20 years$1,495$1,209$970$773$613$190
21 years$1,409$1,126$893$702$548$158
22 years$1,331$1,051$823$638$491$131
23 years$1,260$983$760$581$441$110
24 years$1,194$921$702$530$396$91
25 years$1,134$865$651$484$357$76
26 years$1,079$813$603$443$321$64
27 years$1,028$765$560$405$290$53
28 years$981$721$521$371$261$44
29 years$937$680$485$340$236$37
30 years$896$642$452$312$213$31
31 years$857$607$421$287$193$26
32 years$822$574$393$264$174$22
33 years$788$544$367$242$158$18
34 years$756$515$343$223$143$15
35 years$727$489$320$205$129$13
36 years$699$464$300$189$117$11
37 years$672$441$280$174$106$9
38 years$648$419$263$161$96$7
39 years$624$398$246$148$87$6
40 years$602$379$231$137$79$5
41 years$580$361$216$126$72$4
42 years$560$344$203$116$65$4
43 years$541$327$190$107$59$3
44 years$523$312$179$99$54$3
45 years$505$298$168$92$49$2
46 years$489$284$158$85$44$2
47 years$473$271$148$78$40$1
48 years$458$259$139$72$37$1
49 years$443$247$131$67$33$1
50 years$430$236$123$62$30$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $440,000, adding $5,208 every year, while hoping to spend $28,794 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: 52/36/12 Blend
41$440,000$440,000$440,000$440,000
42$490,252$466,932$460,112$513,928
43$509,621$459,175$444,889$522,900
44$530,001$450,073$428,191$529,142
45$551,464$439,530$409,939$535,270
46$574,089$427,443$390,048$541,281
47$597,963$413,704$368,431$547,172
48$623,180$398,200$344,998$552,942
49$649,842$380,809$319,653$558,594
50$678,061$361,404$292,296$564,131
51$707,959$339,849$262,824$569,558
52$739,670$316,001$231,128$574,885
53$773,340$289,708$197,094$580,124
54$809,128$260,811$160,605$585,293
55$847,209$229,141$121,535$590,411
56$887,774$194,519$79,756$595,505
57$931,033$156,756$35,134$600,607
58$977,214$115,653$0$605,755
59$1,026,569$70,999$0$612,595
60$1,079,373$22,572$0$624,488
61$1,135,928$0$0$637,014
62$1,196,565$0$0$662,100
63$1,261,648$0$0$698,652
64$1,331,574$0$0$737,956
65$1,406,782$0$0$780,263
66$1,487,752$0$0$825,847
67$1,575,011$0$0$875,009
68$1,669,139$0$0$928,081
69$1,770,773$0$0$985,426
70$1,880,612$0$0$1,047,446
71$1,999,425$0$0$1,114,578
72$2,128,057$0$0$1,187,308
73$2,267,437$0$0$1,266,165
74$2,418,587$0$0$1,351,736
75$2,582,631$0$0$1,444,661
76$2,760,803$0$0$1,545,650
77$2,954,463$0$0$1,655,478
78$3,165,107$0$0$1,775,002
79$3,394,378$0$0$1,905,164
80$3,644,088$0$0$2,047,000
81$3,916,228$0$0$2,201,649
82$4,212,991$0$0$2,370,366
83$4,536,788$0$0$2,554,534
84$4,890,276$0$0$2,755,672
85$5,276,378$0$0$2,975,454
86$5,698,312$0$0$3,215,724
87$6,159,621$0$0$3,478,509
88$6,664,206$0$0$3,766,043
89$7,216,363$0$0$4,080,788
90$7,820,820$0$0$4,425,450
91$8,482,786$0$0$4,803,013
92$9,207,997$0$0$5,216,762
93$10,002,768$0$0$5,670,314
94$10,874,055$0$0$6,167,654
95$11,829,520$0$0$6,713,170
96$12,877,602$0$0$7,311,695
97$14,027,594$0$0$7,968,555
98$15,289,735$0$0$8,689,613
99$16,675,301$0$0$9,481,329
100$18,196,714$0$0$10,350,819