Can I retire at age 42 with 800,000?

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 $800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.2%
1 years$66,063$65,475$64,901$64,340$63,793$62,944
2 years$32,705$32,095$31,505$30,933$30,378$29,523
3 years$21,586$20,975$20,386$19,819$19,273$18,440
4 years$16,029$15,419$14,836$14,278$13,746$12,941
5 years$12,695$12,088$11,513$10,967$10,449$9,675
6 years$10,473$9,871$9,304$8,771$8,268$7,525
7 years$8,886$8,290$7,732$7,211$6,724$6,012
8 years$7,697$7,106$6,557$6,049$5,578$4,898
9 years$6,773$6,187$5,648$5,152$4,698$4,049
10 years$6,033$5,453$4,924$4,441$4,003$3,384
11 years$5,429$4,855$4,335$3,865$3,442$2,854
12 years$4,926$4,357$3,847$3,390$2,983$2,424
13 years$4,500$3,938$3,437$2,993$2,601$2,071
14 years$4,136$3,579$3,088$2,657$2,280$1,778
15 years$3,820$3,270$2,788$2,370$2,008$1,532
16 years$3,544$3,000$2,528$2,122$1,775$1,325
17 years$3,301$2,763$2,300$1,906$1,573$1,149
18 years$3,085$2,553$2,100$1,718$1,399$999
19 years$2,892$2,366$1,922$1,552$1,247$870
20 years$2,719$2,199$1,764$1,406$1,114$760
21 years$2,562$2,048$1,623$1,276$997$664
22 years$2,420$1,912$1,496$1,160$893$581
23 years$2,290$1,788$1,381$1,057$802$509
24 years$2,172$1,675$1,277$964$721$447
25 years$2,063$1,572$1,183$880$649$392
26 years$1,962$1,478$1,097$805$584$344
27 years$1,869$1,391$1,019$737$527$303
28 years$1,783$1,310$947$675$475$266
29 years$1,703$1,236$881$619$429$234
30 years$1,628$1,167$821$568$388$206
31 years$1,559$1,104$765$522$351$182
32 years$1,494$1,044$714$479$317$160
33 years$1,433$989$667$441$287$141
34 years$1,375$937$623$406$260$125
35 years$1,321$889$582$373$235$110
36 years$1,271$844$545$344$213$97
37 years$1,223$801$510$317$193$85
38 years$1,177$762$478$292$175$75
39 years$1,134$724$447$269$159$67
40 years$1,094$689$419$248$144$59
41 years$1,055$656$393$229$131$52
42 years$1,019$625$369$211$119$46
43 years$984$595$346$195$108$40
44 years$951$567$325$180$98$36
45 years$919$541$305$166$89$31
46 years$889$516$287$154$81$28
47 years$860$492$269$142$73$25
48 years$833$470$253$131$66$22
49 years$806$449$238$121$60$19
50 years$781$429$224$112$55$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $800,000, adding $3,179 every year, while hoping to spend $37,665 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: 34/44/22 Blend
41$800,000$800,000$800,000$800,000
42$884,879$842,479$830,079$908,928
43$935,062$843,685$817,812$928,255
44$989,100$843,688$803,871$945,414
45$1,047,349$842,389$788,160$963,150
46$1,110,195$839,683$770,581$981,537
47$1,178,067$835,459$751,027$1,000,660
48$1,251,432$829,600$729,389$1,020,614
49$1,330,807$821,978$705,552$1,041,511
50$1,416,757$812,463$679,396$1,063,472
51$1,509,905$800,913$650,795$1,086,639
52$1,610,937$787,179$619,618$1,111,169
53$1,720,605$771,104$585,728$1,137,240
54$1,839,738$752,519$548,981$1,165,053
55$1,969,247$731,248$509,228$1,194,834
56$2,110,135$707,104$466,311$1,226,836
57$2,263,503$679,887$420,067$1,261,344
58$2,430,567$649,387$370,325$1,298,676
59$2,612,661$615,383$316,907$1,339,190
60$2,811,255$577,640$259,626$1,383,286
61$3,027,966$535,908$198,288$1,431,412
62$3,264,577$489,925$132,688$1,484,066
63$3,523,046$439,413$62,615$1,541,807
64$3,805,531$384,079$0$1,605,258
65$4,114,409$323,612$0$1,677,969
66$4,452,294$257,685$0$1,773,730
67$4,822,068$185,952$0$1,878,745
68$5,226,901$108,046$0$1,994,035
69$5,670,286$23,581$0$2,120,728
70$6,156,069$0$0$2,260,078
71$6,688,486$0$0$2,446,322
72$7,272,201$0$0$2,663,147
73$7,912,351$0$0$2,901,059
74$8,614,596$0$0$3,162,174
75$9,385,169$0$0$3,448,828
76$10,230,934$0$0$3,763,589
77$11,159,454$0$0$4,109,290
78$12,179,059$0$0$4,489,050
79$13,298,927$0$0$4,906,305
80$14,529,166$0$0$5,364,840
81$15,880,912$0$0$5,868,825
82$17,366,434$0$0$6,422,855
83$18,999,247$0$0$7,031,992
84$20,794,243$0$0$7,701,812
85$22,767,827$0$0$8,438,459
86$24,938,071$0$0$9,248,702
87$27,324,891$0$0$10,140,000
88$29,950,225$0$0$11,120,570
89$32,838,246$0$0$12,199,467
90$36,015,588$0$0$13,386,666
91$39,511,596$0$0$14,693,159
92$43,358,602$0$0$16,131,057
93$47,592,233$0$0$17,713,706
94$52,251,743$0$0$19,455,810
95$57,380,384$0$0$21,373,570
96$63,025,813$0$0$23,484,839
97$69,240,544$0$0$25,809,290
98$76,082,440$0$0$28,368,598
99$83,615,258$0$0$31,186,648
100$91,909,255$0$0$34,289,760