Can I retire at age 42 with 475,000?

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 $475,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$39,225$38,876$38,535$38,202$37,877$36,606
2 years$19,418$19,057$18,706$18,366$18,037$16,769
3 years$12,817$12,454$12,104$11,768$11,443$10,218
4 years$9,517$9,155$8,809$8,478$8,161$6,988
5 years$7,537$7,178$6,836$6,512$6,204$5,087
6 years$6,218$5,861$5,524$5,208$4,909$3,848
7 years$5,276$4,922$4,591$4,281$3,992$2,987
8 years$4,570$4,219$3,893$3,592$3,312$2,362
9 years$4,021$3,673$3,353$3,059$2,789$1,893
10 years$3,582$3,238$2,924$2,637$2,377$1,533
11 years$3,223$2,883$2,574$2,295$2,044$1,252
12 years$2,925$2,587$2,284$2,013$1,771$1,029
13 years$2,672$2,338$2,041$1,777$1,545$849
14 years$2,456$2,125$1,834$1,578$1,354$704
15 years$2,268$1,941$1,656$1,407$1,192$586
16 years$2,104$1,781$1,501$1,260$1,054$488
17 years$1,960$1,640$1,366$1,132$934$408
18 years$1,832$1,516$1,247$1,020$831$342
19 years$1,717$1,405$1,141$922$740$287
20 years$1,614$1,306$1,048$835$661$241
21 years$1,521$1,216$964$758$592$202
22 years$1,437$1,135$888$689$530$170
23 years$1,360$1,062$820$627$476$143
24 years$1,289$995$758$572$428$121
25 years$1,225$933$702$523$385$102
26 years$1,165$877$651$478$347$86
27 years$1,110$826$605$437$313$72
28 years$1,059$778$562$401$282$61
29 years$1,011$734$523$367$255$52
30 years$967$693$487$337$230$44
31 years$926$655$454$310$208$37
32 years$887$620$424$285$188$31
33 years$851$587$396$262$170$26
34 years$817$556$370$241$154$22
35 years$785$528$346$222$140$19
36 years$754$501$323$204$127$16
37 years$726$476$303$188$115$13
38 years$699$452$284$173$104$11
39 years$674$430$266$160$94$10
40 years$649$409$249$147$86$8
41 years$626$389$233$136$78$7
42 years$605$371$219$126$70$6
43 years$584$353$206$116$64$5
44 years$564$337$193$107$58$4
45 years$546$321$181$99$53$3
46 years$528$306$170$91$48$3
47 years$511$292$160$84$43$2
48 years$494$279$150$78$39$2
49 years$479$267$141$72$36$2
50 years$464$255$133$67$33$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $475,000, adding $5,210 every year, while hoping to spend $35,082 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: 41/35/24 Blend
41$475,000$475,000$475,000$475,000
42$528,824$503,649$496,287$546,587
43$545,437$491,001$475,585$547,176
44$562,569$476,557$453,015$544,094
45$580,235$460,193$428,475$540,062
46$598,453$441,776$401,862$535,014
47$617,238$421,166$373,067$528,879
48$636,608$398,215$341,977$521,581
49$656,581$372,766$308,472$513,044
50$677,174$344,654$272,428$503,181
51$698,408$313,703$233,716$491,907
52$720,300$279,730$192,200$479,129
53$742,871$242,537$147,739$464,747
54$766,141$201,918$100,186$448,660
55$790,130$157,655$49,385$430,758
56$814,861$109,517$0$410,927
57$840,354$57,261$0$390,281
58$866,633$629$0$381,033
59$893,719$0$0$370,434
60$921,638$0$0$381,747
61$950,411$0$0$393,655
62$980,065$0$0$405,927
63$1,010,624$0$0$418,572
64$1,042,114$0$0$431,601
65$1,074,560$0$0$445,025
66$1,107,990$0$0$458,854
67$1,142,430$0$0$473,099
68$1,177,908$0$0$487,772
69$1,214,451$0$0$502,884
70$1,252,088$0$0$518,445
71$1,290,848$0$0$534,469
72$1,330,759$0$0$550,965
73$1,371,851$0$0$567,947
74$1,414,154$0$0$585,426
75$1,457,695$0$0$603,413
76$1,502,506$0$0$621,920
77$1,548,615$0$0$640,960
78$1,596,053$0$0$660,543
79$1,644,847$0$0$680,681
80$1,695,028$0$0$701,385
81$1,746,623$0$0$722,666
82$1,799,660$0$0$744,535
83$1,854,165$0$0$767,001
84$1,910,164$0$0$790,074
85$1,967,682$0$0$813,762
86$2,026,741$0$0$838,075
87$2,087,362$0$0$863,019
88$2,149,564$0$0$888,601
89$2,213,364$0$0$914,824
90$2,278,774$0$0$941,693
91$2,345,805$0$0$969,211
92$2,414,463$0$0$997,375
93$2,484,750$0$0$1,026,186
94$2,556,662$0$0$1,055,639
95$2,630,191$0$0$1,085,726
96$2,705,322$0$0$1,116,438
97$2,782,031$0$0$1,147,762
98$2,860,290$0$0$1,179,680
99$2,940,057$0$0$1,212,172
100$3,021,283$0$0$1,245,211