Can I retire at age 42 with 625,000?

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 $625,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$51,612$51,152$50,704$50,266$49,838$49,483
2 years$25,550$25,075$24,613$24,166$23,733$23,374
3 years$16,864$16,387$15,927$15,484$15,057$14,707
4 years$12,522$12,046$11,590$11,155$10,739$10,399
5 years$9,918$9,444$8,995$8,568$8,163$7,836
6 years$8,182$7,712$7,269$6,852$6,459$6,144
7 years$6,942$6,476$6,041$5,633$5,253$4,950
8 years$6,013$5,551$5,123$4,726$4,358$4,067
9 years$5,291$4,834$4,412$4,025$3,670$3,392
10 years$4,714$4,261$3,847$3,470$3,127$2,861
11 years$4,241$3,793$3,387$3,020$2,689$2,435
12 years$3,848$3,404$3,006$2,649$2,331$2,088
13 years$3,516$3,076$2,685$2,338$2,032$1,801
14 years$3,231$2,796$2,413$2,076$1,782$1,562
15 years$2,984$2,555$2,178$1,851$1,569$1,360
16 years$2,769$2,344$1,975$1,658$1,386$1,188
17 years$2,579$2,159$1,797$1,489$1,229$1,041
18 years$2,410$1,995$1,641$1,342$1,093$915
19 years$2,260$1,849$1,502$1,213$974$806
20 years$2,124$1,718$1,378$1,098$870$711
21 years$2,002$1,600$1,268$997$779$628
22 years$1,891$1,494$1,168$906$698$556
23 years$1,789$1,397$1,079$825$627$493
24 years$1,697$1,309$998$753$563$438
25 years$1,611$1,228$924$688$507$389
26 years$1,533$1,154$857$629$456$345
27 years$1,460$1,086$796$575$412$307
28 years$1,393$1,024$740$527$371$274
29 years$1,330$966$689$483$335$244
30 years$1,272$912$641$444$303$217
31 years$1,218$862$598$408$274$194
32 years$1,167$816$558$375$248$173
33 years$1,119$773$521$344$224$154
34 years$1,074$732$487$317$203$138
35 years$1,032$695$455$292$184$123
36 years$993$659$426$269$167$110
37 years$955$626$398$248$151$98
38 years$920$595$373$228$137$88
39 years$886$566$350$210$124$78
40 years$854$538$328$194$113$70
41 years$824$512$307$179$102$63
42 years$796$488$288$165$93$56
43 years$768$465$270$153$84$50
44 years$743$443$254$141$76$45
45 years$718$423$238$130$69$40
46 years$694$403$224$120$63$36
47 years$672$385$210$111$57$32
48 years$650$367$198$103$52$29
49 years$630$351$186$95$47$26
50 years$610$335$175$88$43$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $625,000, adding $5,712 every year, while hoping to spend $26,274 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: 38/33/29 Blend
41$625,000$625,000$625,000$625,000
42$694,642$661,517$651,829$714,868
43$737,540$665,976$645,710$734,729
44$783,933$669,773$638,506$753,369
45$834,150$672,847$630,151$773,017
46$888,552$675,136$620,580$793,783
47$947,537$676,570$609,722$815,787
48$1,011,541$677,077$597,503$839,168
49$1,081,046$676,581$583,847$864,075
50$1,156,579$675,000$568,672$890,678
51$1,238,722$672,247$551,895$919,166
52$1,328,115$668,231$533,427$949,748
53$1,425,463$662,854$513,177$982,658
54$1,531,539$656,013$491,047$1,018,155
55$1,647,196$647,598$466,937$1,056,529
56$1,773,373$637,493$440,742$1,098,100
57$1,911,101$625,574$412,352$1,143,226
58$2,061,519$611,713$381,651$1,192,302
59$2,225,877$595,770$348,519$1,245,771
60$2,405,553$577,599$312,831$1,304,119
61$2,602,064$557,047$274,456$1,367,890
62$2,817,081$533,948$233,256$1,437,686
63$3,052,442$508,130$189,089$1,514,173
64$3,310,172$479,409$141,804$1,598,091
65$3,592,501$447,592$91,247$1,690,262
66$3,901,886$412,474$37,253$1,791,593
67$4,241,031$373,838$0$1,903,092
68$4,612,915$331,455$0$2,032,175
69$5,020,820$285,083$0$2,186,487
70$5,468,358$234,467$0$2,355,913
71$5,959,511$179,336$0$2,542,025
72$6,498,663$119,405$0$2,746,561
73$7,090,643$54,373$0$2,971,438
74$7,740,773$0$0$3,218,773
75$8,454,913$0$0$3,496,743
76$9,239,520$0$0$3,823,924
77$10,101,706$0$0$4,183,549
78$11,049,307$0$0$4,578,897
79$12,090,956$0$0$5,013,582
80$13,236,164$0$0$5,491,586
81$14,495,408$0$0$6,017,295
82$15,880,235$0$0$6,595,542
83$17,403,361$0$0$7,231,651
84$19,078,803$0$0$7,931,489
85$20,921,998$0$0$8,701,520
86$22,949,960$0$0$9,548,866
87$25,181,432$0$0$10,481,375
88$27,637,068$0$0$11,507,694
89$30,339,623$0$0$12,637,349
90$33,314,171$0$0$13,880,839
91$36,588,340$0$0$15,249,732
92$40,192,573$0$0$16,756,772
93$44,160,412$0$0$18,416,005
94$48,528,819$0$0$20,242,906
95$53,338,521$0$0$22,254,527
96$58,634,395$0$0$24,469,660
97$64,465,891$0$0$26,909,009
98$70,887,500$0$0$29,595,390
99$77,959,265$0$0$32,553,944
100$85,747,348$0$0$35,812,375