Can I retire at age 42 with 875,000?

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 $875,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$72,257$71,613$70,985$70,372$69,774$69,103
2 years$35,771$35,104$34,459$33,833$33,226$32,549
3 years$23,610$22,941$22,297$21,677$21,080$20,420
4 years$17,531$16,864$16,227$15,617$15,034$14,395
5 years$13,885$13,222$12,593$11,995$11,429$10,813
6 years$11,455$10,797$10,177$9,593$9,043$8,451
7 years$9,719$9,067$8,457$7,887$7,355$6,786
8 years$8,419$7,772$7,172$6,616$6,101$5,557
9 years$7,407$6,767$6,177$5,635$5,138$4,618
10 years$6,599$5,965$5,385$4,858$4,378$3,881
11 years$5,938$5,310$4,741$4,228$3,765$3,291
12 years$5,387$4,766$4,208$3,708$3,263$2,812
13 years$4,922$4,307$3,759$3,274$2,845$2,416
14 years$4,523$3,915$3,378$2,906$2,494$2,087
15 years$4,178$3,576$3,050$2,592$2,196$1,809
16 years$3,877$3,281$2,765$2,321$1,941$1,574
17 years$3,611$3,022$2,516$2,085$1,721$1,374
18 years$3,375$2,792$2,297$1,879$1,530$1,202
19 years$3,164$2,588$2,103$1,698$1,364$1,054
20 years$2,974$2,405$1,930$1,538$1,218$926
21 years$2,802$2,240$1,775$1,396$1,090$815
22 years$2,647$2,091$1,636$1,269$977$718
23 years$2,505$1,956$1,510$1,156$877$634
24 years$2,375$1,832$1,397$1,054$788$560
25 years$2,256$1,720$1,294$963$709$495
26 years$2,146$1,616$1,200$880$639$438
27 years$2,044$1,521$1,114$806$576$388
28 years$1,950$1,433$1,036$738$520$344
29 years$1,863$1,352$964$677$469$305
30 years$1,781$1,277$898$621$424$270
31 years$1,705$1,207$837$571$383$240
32 years$1,634$1,142$781$524$347$213
33 years$1,567$1,082$729$482$314$189
34 years$1,504$1,025$681$444$284$168
35 years$1,445$972$637$408$257$149
36 years$1,390$923$596$376$233$133
37 years$1,337$877$558$347$211$118
38 years$1,288$833$522$319$192$105
39 years$1,241$792$489$295$174$93
40 years$1,196$754$459$272$158$83
41 years$1,154$717$430$251$143$74
42 years$1,114$683$403$231$130$66
43 years$1,076$651$379$214$118$58
44 years$1,040$620$355$197$107$52
45 years$1,005$592$334$182$97$46
46 years$972$564$313$168$88$41
47 years$941$539$294$155$80$37
48 years$911$514$277$144$73$33
49 years$882$491$260$133$66$29
50 years$854$469$244$123$60$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $875,000, adding $4,583 every year, while hoping to spend $30,904 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: 52/36/12 Blend
41$875,000$875,000$875,000$875,000
42$968,977$922,602$909,040$1,016,060
43$1,034,931$934,928$906,611$1,061,018
44$1,106,577$946,822$903,065$1,106,203
45$1,184,462$958,231$898,332$1,154,635
46$1,269,189$969,096$892,338$1,206,629
47$1,361,422$979,357$885,007$1,262,533
48$1,461,890$988,949$876,258$1,322,730
49$1,571,396$997,801$866,006$1,387,643
50$1,690,824$1,005,839$854,162$1,457,740
51$1,821,147$1,012,983$840,636$1,533,537
52$1,963,435$1,019,151$825,328$1,615,604
53$2,118,868$1,024,251$808,139$1,704,569
54$2,288,742$1,028,189$788,961$1,801,128
55$2,474,487$1,030,863$767,684$1,906,047
56$2,677,674$1,032,166$744,192$2,020,172
57$2,900,037$1,031,982$718,362$2,144,438
58$3,143,482$1,030,190$690,068$2,279,875
59$3,410,108$1,026,661$659,177$2,427,622
60$3,702,230$1,021,258$625,550$2,588,936
61$4,022,393$1,013,835$589,041$2,765,202
62$4,373,402$1,004,238$549,500$2,957,952
63$4,758,348$992,304$506,766$3,168,874
64$5,180,632$977,859$460,675$3,399,832
65$5,644,002$960,720$411,053$3,652,883
66$6,152,586$940,692$357,720$3,930,298
67$6,710,933$917,568$300,486$4,234,580
68$7,324,050$891,132$239,155$4,568,494
69$7,997,457$861,150$173,520$4,935,089
70$8,737,231$827,380$103,366$5,337,729
71$9,550,069$789,562$28,470$5,780,126
72$10,443,348$747,423$0$6,266,375
73$11,425,195$700,673$0$6,807,584
74$12,504,565$649,006$0$7,406,465
75$13,691,322$592,098$0$8,064,900
76$14,996,333$529,607$0$8,788,986
77$16,431,573$461,172$0$9,585,450
78$18,010,234$386,410$0$10,461,707
79$19,746,852$304,918$0$11,425,933
80$21,657,442$216,270$0$12,487,144
81$23,759,649$120,015$0$13,655,282
82$26,072,915$15,678$0$14,941,308
83$28,618,662$0$0$16,357,308
84$31,420,494$0$0$17,955,130
85$34,504,419$0$0$19,720,765
86$37,899,094$0$0$21,664,423
87$41,636,096$0$0$23,804,196
88$45,750,217$0$0$26,160,021
89$50,279,797$0$0$28,753,866
90$55,267,080$0$0$31,609,937
91$60,758,617$0$0$34,754,907
92$66,805,700$0$0$38,218,168
93$73,464,852$0$0$42,032,107
94$80,798,354$0$0$46,232,412
95$88,874,836$0$0$50,858,409
96$97,769,922$0$0$55,953,431
97$107,566,949$0$0$61,565,230
98$118,357,743$0$0$67,746,427
99$130,243,496$0$0$74,555,004
100$143,335,713$0$0$82,054,857