Can I retire at age 42 with 900,000?

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 $900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$74,321$73,659$73,013$72,383$71,767$70,870
2 years$36,793$36,107$35,443$34,799$34,175$33,273
3 years$24,285$23,597$22,934$22,296$21,682$20,802
4 years$18,032$17,346$16,690$16,063$15,464$14,613
5 years$14,281$13,599$12,952$12,338$11,755$10,936
6 years$11,782$11,105$10,467$9,867$9,302$8,515
7 years$9,997$9,326$8,698$8,112$7,565$6,811
8 years$8,659$7,994$7,377$6,805$6,276$5,555
9 years$7,619$6,960$6,354$5,796$5,285$4,597
10 years$6,787$6,135$5,539$4,997$4,503$3,848
11 years$6,108$5,462$4,877$4,348$3,873$3,249
12 years$5,541$4,902$4,328$3,814$3,356$2,763
13 years$5,063$4,430$3,867$3,367$2,927$2,364
14 years$4,653$4,027$3,474$2,989$2,565$2,032
15 years$4,298$3,679$3,137$2,666$2,259$1,753
16 years$3,987$3,375$2,844$2,387$1,996$1,518
17 years$3,714$3,108$2,588$2,145$1,770$1,319
18 years$3,471$2,872$2,362$1,933$1,574$1,148
19 years$3,254$2,662$2,163$1,746$1,403$1,002
20 years$3,059$2,474$1,985$1,582$1,253$876
21 years$2,883$2,304$1,826$1,436$1,121$766
22 years$2,722$2,151$1,683$1,305$1,005$672
23 years$2,577$2,012$1,554$1,189$902$590
24 years$2,443$1,885$1,437$1,084$811$518
25 years$2,320$1,769$1,331$990$730$455
26 years$2,207$1,662$1,234$905$657$401
27 years$2,103$1,564$1,146$829$593$353
28 years$2,006$1,474$1,065$759$535$311
29 years$1,916$1,391$991$696$483$274
30 years$1,832$1,313$924$639$436$242
31 years$1,754$1,242$861$587$394$213
32 years$1,680$1,175$803$539$357$188
33 years$1,612$1,113$750$496$323$166
34 years$1,547$1,054$701$456$292$147
35 years$1,487$1,000$655$420$265$130
36 years$1,429$949$613$387$240$115
37 years$1,375$902$574$356$217$101
38 years$1,324$857$537$329$197$89
39 years$1,276$815$503$303$179$79
40 years$1,230$775$472$279$162$70
41 years$1,187$738$442$258$147$62
42 years$1,146$703$415$238$133$55
43 years$1,107$670$389$220$121$48
44 years$1,069$638$366$203$110$43
45 years$1,034$609$343$187$100$38
46 years$1,000$581$322$173$91$33
47 years$968$554$303$160$82$30
48 years$937$529$285$148$75$26
49 years$907$505$267$136$68$23
50 years$879$482$251$126$62$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $900,000, adding $2,665 every year, while hoping to spend $47,977 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: 77/6/17 Blend
41$900,000$900,000$900,000$900,000
42$994,549$946,849$932,899$1,067,175
43$1,044,946$942,197$913,104$1,110,858
44$1,098,875$935,710$891,038$1,152,474
45$1,156,647$927,246$866,574$1,196,809
46$1,218,600$916,656$839,579$1,244,119
47$1,285,108$903,783$809,916$1,294,685
48$1,356,579$888,459$777,438$1,348,819
49$1,433,462$870,506$741,995$1,406,865
50$1,516,251$849,736$703,427$1,469,200
51$1,605,486$825,951$661,570$1,536,243
52$1,701,763$798,939$616,249$1,608,454
53$1,805,734$768,479$567,285$1,686,343
54$1,918,118$734,333$514,488$1,770,471
55$2,039,702$696,252$457,660$1,861,456
56$2,171,356$653,972$396,595$1,959,983
57$2,314,032$607,214$331,078$2,066,805
58$2,468,778$555,682$260,885$2,182,754
59$2,636,748$499,065$185,779$2,308,747
60$2,819,210$437,033$105,516$2,445,797
61$3,017,558$369,237$19,840$2,595,021
62$3,233,328$295,308$0$2,757,652
63$3,468,208$214,859$0$2,948,034
64$3,724,055$127,477$0$3,159,366
65$4,002,915$32,730$0$3,389,754
66$4,307,037$0$0$3,641,076
67$4,638,899$0$0$3,920,016
68$5,001,225$0$0$4,226,951
69$5,397,017$0$0$4,562,268
70$5,829,578$0$0$4,928,768
71$6,302,545$0$0$5,329,537
72$6,819,924$0$0$5,767,973
73$7,386,122$0$0$6,247,816
74$8,005,995$0$0$6,773,185
75$8,684,890$0$0$7,348,618
76$9,428,693$0$0$7,979,108
77$10,243,891$0$0$8,670,158
78$11,137,622$0$0$9,427,825
79$12,117,753$0$0$10,258,785
80$13,192,947$0$0$11,170,385
81$14,372,744$0$0$12,170,723
82$15,667,655$0$0$13,268,716
83$17,089,258$0$0$14,474,186
84$18,650,304$0$0$15,797,954
85$20,364,842$0$0$17,251,940
86$22,248,347$0$0$18,849,274
87$24,317,868$0$0$20,604,421
88$26,592,187$0$0$22,533,318
89$29,091,993$0$0$24,653,520
90$31,840,083$0$0$26,984,370
91$34,861,571$0$0$29,547,177
92$38,184,124$0$0$32,365,417
93$41,838,229$0$0$35,464,958
94$45,857,471$0$0$38,874,297
95$50,278,855$0$0$42,624,834
96$55,143,154$0$0$46,751,165
97$60,495,291$0$0$51,291,407
98$66,384,764$0$0$56,287,560
99$72,866,110$0$0$61,785,900
100$79,999,421$0$0$67,837,417