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%19.7%
1 years$66,063$65,475$64,901$64,340$63,793$61,310
2 years$32,705$32,095$31,505$30,933$30,378$27,906
3 years$21,586$20,975$20,386$19,819$19,273$16,891
4 years$16,029$15,419$14,836$14,278$13,746$11,471
5 years$12,695$12,088$11,513$10,967$10,449$8,288
6 years$10,473$9,871$9,304$8,771$8,268$6,221
7 years$8,886$8,290$7,732$7,211$6,724$4,791
8 years$7,697$7,106$6,557$6,049$5,578$3,757
9 years$6,773$6,187$5,648$5,152$4,698$2,986
10 years$6,033$5,453$4,924$4,441$4,003$2,397
11 years$5,429$4,855$4,335$3,865$3,442$1,939
12 years$4,926$4,357$3,847$3,390$2,983$1,578
13 years$4,500$3,938$3,437$2,993$2,601$1,291
14 years$4,136$3,579$3,088$2,657$2,280$1,060
15 years$3,820$3,270$2,788$2,370$2,008$873
16 years$3,544$3,000$2,528$2,122$1,775$721
17 years$3,301$2,763$2,300$1,906$1,573$596
18 years$3,085$2,553$2,100$1,718$1,399$494
19 years$2,892$2,366$1,922$1,552$1,247$410
20 years$2,719$2,199$1,764$1,406$1,114$341
21 years$2,562$2,048$1,623$1,276$997$283
22 years$2,420$1,912$1,496$1,160$893$236
23 years$2,290$1,788$1,381$1,057$802$196
24 years$2,172$1,675$1,277$964$721$164
25 years$2,063$1,572$1,183$880$649$136
26 years$1,962$1,478$1,097$805$584$114
27 years$1,869$1,391$1,019$737$527$95
28 years$1,783$1,310$947$675$475$79
29 years$1,703$1,236$881$619$429$66
30 years$1,628$1,167$821$568$388$55
31 years$1,559$1,104$765$522$351$46
32 years$1,494$1,044$714$479$317$38
33 years$1,433$989$667$441$287$32
34 years$1,375$937$623$406$260$27
35 years$1,321$889$582$373$235$22
36 years$1,271$844$545$344$213$19
37 years$1,223$801$510$317$193$16
38 years$1,177$762$478$292$175$13
39 years$1,134$724$447$269$159$11
40 years$1,094$689$419$248$144$9
41 years$1,055$656$393$229$131$8
42 years$1,019$625$369$211$119$6
43 years$984$595$346$195$108$5
44 years$951$567$325$180$98$4
45 years$919$541$305$166$89$4
46 years$889$516$287$154$81$3
47 years$860$492$269$142$73$3
48 years$833$470$253$131$66$2
49 years$806$449$238$121$60$2
50 years$781$429$224$112$55$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $800,000, adding $3,021 every year, while hoping to spend $25,415 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: 31/42/27 Blend
41$800,000$800,000$800,000$800,000
42$884,716$842,316$829,916$904,737
43$947,916$856,548$830,677$934,657
44$1,016,710$870,626$830,612$964,395
45$1,091,643$884,515$829,665$995,903
46$1,173,312$898,178$827,781$1,029,352
47$1,262,377$911,576$824,899$1,064,934
48$1,359,562$924,666$820,955$1,102,860
49$1,465,666$937,402$815,885$1,143,365
50$1,581,566$949,737$809,620$1,186,708
51$1,708,229$961,618$802,086$1,233,175
52$1,846,720$972,989$793,207$1,283,086
53$1,998,212$983,792$782,906$1,336,792
54$2,163,994$993,962$771,098$1,394,684
55$2,345,487$1,003,432$757,696$1,457,192
56$2,544,257$1,012,131$742,609$1,524,794
57$2,762,027$1,019,981$725,742$1,598,018
58$3,000,695$1,026,901$706,995$1,677,450
59$3,262,350$1,032,803$686,264$1,763,735
60$3,549,295$1,037,596$663,439$1,857,589
61$3,864,065$1,041,180$638,406$1,959,803
62$4,209,453$1,043,451$611,046$2,071,252
63$4,588,535$1,044,298$581,234$2,192,902
64$5,004,700$1,043,603$548,839$2,325,823
65$5,461,679$1,041,240$513,726$2,471,197
66$5,963,586$1,037,075$475,750$2,630,330
67$6,514,948$1,030,969$434,765$2,804,666
68$7,120,757$1,022,770$390,613$2,995,799
69$7,786,508$1,012,319$343,133$3,205,493
70$8,518,258$999,449$292,154$3,435,695
71$9,322,678$983,981$237,499$3,688,555
72$10,207,120$965,724$178,984$3,966,451
73$11,179,681$944,479$116,414$4,272,005
74$12,249,283$920,033$49,589$4,608,117
75$13,425,757$892,162$0$4,977,987
76$14,719,933$860,626$0$5,391,408
77$16,143,744$825,176$0$5,861,676
78$17,710,339$785,543$0$6,378,862
79$19,434,205$741,445$0$6,947,791
80$21,331,304$692,586$0$7,573,785
81$23,419,223$638,649$0$8,262,712
82$25,717,342$579,301$0$9,021,045
83$28,247,014$514,189$0$9,855,923
84$31,031,767$442,942$0$10,775,219
85$34,097,527$365,167$0$11,787,615
86$37,472,861$280,446$0$12,902,688
87$41,189,247$188,342$0$14,130,997
88$45,281,370$88,390$0$15,484,185
89$49,787,450$0$0$16,975,093
90$54,749,603$0$0$18,627,077
91$60,214,236$0$0$20,491,496
92$66,232,488$0$0$22,544,966
93$72,860,707$0$0$24,806,735
94$80,160,989$0$0$27,298,013
95$88,201,757$0$0$30,042,173
96$97,058,411$0$0$33,064,970
97$106,814,035$0$0$36,394,784
98$117,560,187$0$0$40,062,891
99$129,397,756$0$0$44,103,754
100$142,437,920$0$0$48,555,350