Can I retire at age 42 with 810,000?

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 $810,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$66,889$66,293$65,712$65,145$64,591$62,523
2 years$33,113$32,497$31,899$31,319$30,757$28,693
3 years$21,856$21,237$20,641$20,067$19,514$17,518
4 years$16,229$15,611$15,021$14,457$13,917$12,005
5 years$12,853$12,240$11,657$11,104$10,580$8,757
6 years$10,604$9,994$9,421$8,880$8,371$6,639
7 years$8,997$8,393$7,829$7,301$6,808$5,165
8 years$7,793$7,195$6,639$6,125$5,648$4,094
9 years$6,857$6,264$5,718$5,217$4,756$3,290
10 years$6,109$5,522$4,985$4,497$4,053$2,671
11 years$5,497$4,916$4,389$3,914$3,486$2,186
12 years$4,987$4,412$3,895$3,433$3,020$1,801
13 years$4,556$3,987$3,480$3,031$2,634$1,491
14 years$4,187$3,624$3,127$2,690$2,309$1,240
15 years$3,868$3,311$2,823$2,399$2,033$1,034
16 years$3,589$3,038$2,560$2,148$1,797$865
17 years$3,342$2,797$2,329$1,930$1,593$725
18 years$3,124$2,585$2,126$1,739$1,416$609
19 years$2,929$2,396$1,946$1,572$1,263$512
20 years$2,753$2,226$1,786$1,424$1,128$432
21 years$2,594$2,074$1,643$1,292$1,009$364
22 years$2,450$1,936$1,514$1,175$905$307
23 years$2,319$1,810$1,398$1,070$812$259
24 years$2,199$1,696$1,293$976$730$219
25 years$2,088$1,592$1,198$891$657$185
26 years$1,987$1,496$1,111$815$592$157
27 years$1,892$1,408$1,031$746$533$133
28 years$1,805$1,327$959$683$481$112
29 years$1,724$1,252$892$627$435$95
30 years$1,649$1,182$831$575$393$81
31 years$1,578$1,117$775$528$355$68
32 years$1,512$1,057$723$485$321$58
33 years$1,451$1,001$675$446$291$49
34 years$1,393$949$631$411$263$42
35 years$1,338$900$590$378$238$35
36 years$1,286$854$552$348$216$30
37 years$1,238$811$516$321$196$25
38 years$1,192$771$484$296$177$21
39 years$1,149$733$453$273$161$18
40 years$1,107$698$425$251$146$15
41 years$1,068$664$398$232$132$13
42 years$1,031$632$373$214$120$11
43 years$996$603$350$198$109$9
44 years$962$574$329$183$99$8
45 years$930$548$309$169$90$7
46 years$900$523$290$156$82$6
47 years$871$499$273$144$74$5
48 years$843$476$256$133$67$4
49 years$816$455$241$123$61$4
50 years$791$434$226$114$55$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $810,000, adding $4,386 every year, while hoping to spend $26,239 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: 45/32/23 Blend
41$810,000$810,000$810,000$810,000
42$897,144$854,214$841,659$931,390
43$960,735$868,153$841,937$969,917
44$1,029,932$881,895$841,344$1,008,765
45$1,105,281$895,403$839,824$1,050,366
46$1,187,379$908,637$837,318$1,094,990
47$1,276,886$921,555$833,763$1,142,935
48$1,374,527$934,110$829,093$1,194,528
49$1,481,101$946,253$823,239$1,250,134
50$1,597,486$957,932$816,131$1,310,154
51$1,724,650$969,091$807,691$1,375,030
52$1,863,657$979,670$797,842$1,445,251
53$2,015,681$989,604$786,500$1,521,359
54$2,182,011$998,826$773,579$1,603,950
55$2,364,071$1,007,262$758,988$1,693,682
56$2,563,424$1,014,837$742,632$1,791,285
57$2,781,796$1,021,466$724,413$1,897,561
58$3,021,084$1,027,062$704,225$2,013,398
59$3,283,378$1,031,533$681,961$2,139,775
60$3,570,983$1,034,778$657,507$2,277,774
61$3,886,433$1,036,692$630,743$2,428,590
62$4,232,522$1,037,162$601,546$2,593,540
63$4,612,327$1,036,071$569,785$2,774,079
64$5,029,237$1,033,291$535,326$2,971,813
65$5,486,985$1,028,688$498,025$3,188,515
66$5,989,683$1,022,119$457,734$3,426,142
67$6,541,862$1,013,434$414,300$3,686,852
68$7,148,511$1,002,473$367,559$3,973,027
69$7,815,130$989,064$317,342$4,287,298
70$8,547,774$973,029$263,474$4,632,565
71$9,353,116$954,176$205,769$5,012,030
72$10,238,507$932,304$144,036$5,429,224
73$11,212,046$907,199$78,072$5,888,045
74$12,282,656$878,633$7,669$6,392,791
75$13,460,169$846,368$0$6,948,205
76$14,755,415$810,149$0$7,576,076
77$16,180,329$769,708$0$8,268,704
78$17,748,060$724,761$0$9,030,629
79$19,473,096$675,008$0$9,868,934
80$21,371,400$620,131$0$10,791,430
81$23,460,559$559,795$0$11,806,724
82$25,759,956$493,644$0$12,924,308
83$28,290,943$421,304$0$14,154,645
84$31,077,050$342,379$0$15,509,270
85$34,144,204$256,450$0$17,000,898
86$37,520,972$163,075$0$18,643,549
87$41,238,833$61,788$0$20,452,674
88$45,332,474$0$0$22,445,309
89$49,840,116$0$0$24,657,101
90$54,803,874$0$0$27,116,783
91$60,270,158$0$0$29,825,609
92$66,290,107$0$0$32,808,937
93$72,920,070$0$0$36,094,709
94$80,222,143$0$0$39,713,717
95$88,264,751$0$0$43,699,890
96$97,123,293$0$0$48,090,617
97$106,880,855$0$0$52,927,099
98$117,628,996$0$0$58,254,735
99$129,468,605$0$0$64,123,557
100$142,510,859$0$0$70,588,693