Can I retire at age 42 with 450,000?

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 $450,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$37,161$36,830$36,507$36,191$35,884$35,059
2 years$18,396$18,054$17,722$17,400$17,087$16,261
3 years$12,142$11,798$11,467$11,148$10,841$10,039
4 years$9,016$8,673$8,345$8,032$7,732$6,960
5 years$7,141$6,800$6,476$6,169$5,878$5,138
6 years$5,891$5,552$5,234$4,933$4,651$3,945
7 years$4,999$4,663$4,349$4,056$3,782$3,110
8 years$4,330$3,997$3,688$3,403$3,138$2,498
9 years$3,810$3,480$3,177$2,898$2,642$2,036
10 years$3,394$3,068$2,770$2,498$2,252$1,677
11 years$3,054$2,731$2,438$2,174$1,936$1,393
12 years$2,771$2,451$2,164$1,907$1,678$1,165
13 years$2,531$2,215$1,933$1,684$1,463$980
14 years$2,326$2,013$1,737$1,495$1,283$827
15 years$2,149$1,839$1,568$1,333$1,129$701
16 years$1,994$1,688$1,422$1,193$998$596
17 years$1,857$1,554$1,294$1,072$885$508
18 years$1,735$1,436$1,181$966$787$434
19 years$1,627$1,331$1,081$873$701$372
20 years$1,529$1,237$992$791$627$319
21 years$1,441$1,152$913$718$561$274
22 years$1,361$1,075$841$653$503$235
23 years$1,288$1,006$777$594$451$202
24 years$1,222$942$718$542$405$174
25 years$1,160$884$665$495$365$150
26 years$1,104$831$617$453$329$129
27 years$1,051$782$573$414$296$111
28 years$1,003$737$533$380$267$96
29 years$958$695$496$348$241$83
30 years$916$657$462$319$218$72
31 years$877$621$430$293$197$62
32 years$840$587$402$270$178$53
33 years$806$556$375$248$161$46
34 years$774$527$350$228$146$40
35 years$743$500$328$210$132$34
36 years$715$475$306$193$120$30
37 years$688$451$287$178$109$26
38 years$662$428$269$164$99$22
39 years$638$407$252$151$89$19
40 years$615$388$236$140$81$17
41 years$594$369$221$129$74$14
42 years$573$351$207$119$67$12
43 years$553$335$195$110$61$11
44 years$535$319$183$101$55$9
45 years$517$304$172$94$50$8
46 years$500$290$161$86$45$7
47 years$484$277$151$80$41$6
48 years$468$264$142$74$37$5
49 years$454$253$134$68$34$5
50 years$439$241$126$63$31$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $450,000, adding $6,964 every year, while hoping to spend $33,753 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: 33/50/17 Blend
41$450,000$450,000$450,000$450,000
42$503,083$479,233$472,258$516,824
43$518,485$466,803$452,166$515,127
44$534,326$452,632$430,269$509,680
45$550,616$436,600$406,472$503,089
46$567,365$418,579$380,675$495,272
47$584,579$398,433$352,771$486,142
48$602,270$376,019$322,652$475,609
49$620,443$351,186$290,203$463,577
50$639,108$323,773$255,304$449,942
51$658,271$293,612$217,830$434,597
52$677,938$260,523$177,652$417,427
53$698,116$224,317$134,631$398,313
54$718,810$184,795$88,627$377,124
55$740,024$141,744$39,491$353,727
56$761,759$94,943$0$327,979
57$784,019$44,156$0$302,076
58$806,803$0$0$281,307
59$830,110$0$0$264,342
60$853,936$0$0$271,824
61$878,275$0$0$279,455
62$903,120$0$0$287,233
63$928,460$0$0$295,150
64$954,281$0$0$303,202
65$980,566$0$0$311,380
66$1,007,294$0$0$319,675
67$1,034,440$0$0$328,078
68$1,061,973$0$0$336,575
69$1,089,858$0$0$345,153
70$1,118,054$0$0$353,794
71$1,146,512$0$0$362,480
72$1,175,177$0$0$371,189
73$1,203,985$0$0$379,896
74$1,232,863$0$0$388,572
75$1,261,728$0$0$397,187
76$1,290,485$0$0$405,702
77$1,319,027$0$0$414,079
78$1,347,233$0$0$422,270
79$1,374,967$0$0$430,224
80$1,402,075$0$0$437,884
81$1,428,383$0$0$445,183
82$1,453,699$0$0$452,050
83$1,477,806$0$0$458,404
84$1,500,459$0$0$464,153
85$1,521,389$0$0$469,197
86$1,540,292$0$0$473,423
87$1,556,831$0$0$476,706
88$1,570,628$0$0$478,906
89$1,581,265$0$0$479,867
90$1,588,276$0$0$479,419
91$1,591,142$0$0$477,369
92$1,589,288$0$0$473,505
93$1,582,073$0$0$467,591
94$1,568,790$0$0$459,366
95$1,548,649$0$0$448,541
96$1,520,780$0$0$434,794
97$1,484,213$0$0$417,772
98$1,437,880$0$0$397,080
99$1,380,591$0$0$372,283
100$1,311,035$0$0$342,900