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%11.3%
1 years$39,225$38,876$38,535$38,202$37,877$37,670
2 years$19,418$19,057$18,706$18,366$18,037$17,828
3 years$12,817$12,454$12,104$11,768$11,443$11,239
4 years$9,517$9,155$8,809$8,478$8,161$7,963
5 years$7,537$7,178$6,836$6,512$6,204$6,013
6 years$6,218$5,861$5,524$5,208$4,909$4,725
7 years$5,276$4,922$4,591$4,281$3,992$3,815
8 years$4,570$4,219$3,893$3,592$3,312$3,142
9 years$4,021$3,673$3,353$3,059$2,789$2,626
10 years$3,582$3,238$2,924$2,637$2,377$2,220
11 years$3,223$2,883$2,574$2,295$2,044$1,895
12 years$2,925$2,587$2,284$2,013$1,771$1,629
13 years$2,672$2,338$2,041$1,777$1,545$1,409
14 years$2,456$2,125$1,834$1,578$1,354$1,224
15 years$2,268$1,941$1,656$1,407$1,192$1,069
16 years$2,104$1,781$1,501$1,260$1,054$937
17 years$1,960$1,640$1,366$1,132$934$823
18 years$1,832$1,516$1,247$1,020$831$725
19 years$1,717$1,405$1,141$922$740$641
20 years$1,614$1,306$1,048$835$661$567
21 years$1,521$1,216$964$758$592$503
22 years$1,437$1,135$888$689$530$446
23 years$1,360$1,062$820$627$476$397
24 years$1,289$995$758$572$428$353
25 years$1,225$933$702$523$385$315
26 years$1,165$877$651$478$347$280
27 years$1,110$826$605$437$313$250
28 years$1,059$778$562$401$282$224
29 years$1,011$734$523$367$255$200
30 years$967$693$487$337$230$179
31 years$926$655$454$310$208$160
32 years$887$620$424$285$188$143
33 years$851$587$396$262$170$128
34 years$817$556$370$241$154$115
35 years$785$528$346$222$140$103
36 years$754$501$323$204$127$92
37 years$726$476$303$188$115$83
38 years$699$452$284$173$104$74
39 years$674$430$266$160$94$66
40 years$649$409$249$147$86$60
41 years$626$389$233$136$78$53
42 years$605$371$219$126$70$48
43 years$584$353$206$116$64$43
44 years$564$337$193$107$58$39
45 years$546$321$181$99$53$35
46 years$528$306$170$91$48$31
47 years$511$292$160$84$43$28
48 years$494$279$150$78$39$25
49 years$479$267$141$72$36$23
50 years$464$255$133$67$33$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $475,000, adding $2,646 every year, while hoping to spend $33,111 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: 62/33/5 Blend
41$475,000$475,000$475,000$475,000
42$526,179$501,004$493,642$558,227
43$544,620$490,324$474,949$569,241
44$563,831$478,010$454,520$577,139
45$583,858$463,948$432,262$584,897
46$604,746$448,017$408,078$592,499
47$626,548$430,086$381,866$599,932
48$649,316$410,021$353,519$607,180
49$673,111$387,677$322,927$614,227
50$697,997$362,902$289,973$621,058
51$724,042$335,533$254,536$627,660
52$751,321$305,401$216,490$634,017
53$779,916$272,326$175,703$640,115
54$809,914$236,116$132,035$645,943
55$841,411$196,572$85,344$651,487
56$874,510$153,480$35,479$656,739
57$909,325$106,615$0$661,689
58$945,978$55,741$0$667,276
59$984,603$607$0$674,632
60$1,025,344$0$0$681,870
61$1,068,361$0$0$710,444
62$1,113,826$0$0$740,894
63$1,161,928$0$0$773,125
64$1,212,873$0$0$807,279
65$1,266,886$0$0$843,509
66$1,324,212$0$0$881,981
67$1,385,122$0$0$922,879
68$1,449,907$0$0$966,404
69$1,518,892$0$0$1,012,773
70$1,592,427$0$0$1,062,228
71$1,670,899$0$0$1,115,031
72$1,754,731$0$0$1,171,471
73$1,844,385$0$0$1,231,862
74$1,940,371$0$0$1,296,552
75$2,043,244$0$0$1,365,920
76$2,153,617$0$0$1,440,383
77$2,272,159$0$0$1,520,397
78$2,399,608$0$0$1,606,466
79$2,536,770$0$0$1,699,140
80$2,684,534$0$0$1,799,024
81$2,843,873$0$0$1,906,784
82$3,015,859$0$0$2,023,149
83$3,201,667$0$0$2,148,923
84$3,402,591$0$0$2,284,986
85$3,620,051$0$0$2,432,310
86$3,855,610$0$0$2,591,960
87$4,110,984$0$0$2,765,108
88$4,388,063$0$0$2,953,044
89$4,688,923$0$0$3,157,184
90$5,015,850$0$0$3,379,089
91$5,371,355$0$0$3,620,475
92$5,758,205$0$0$3,883,228
93$6,179,441$0$0$4,169,427
94$6,638,410$0$0$4,481,356
95$7,138,798$0$0$4,821,531
96$7,684,658$0$0$5,192,721
97$8,280,454$0$0$5,597,974
98$8,931,097$0$0$6,040,643
99$9,641,996$0$0$6,524,423
100$10,419,105$0$0$7,053,378