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%17.9%
1 years$74,321$73,659$73,013$72,383$71,767$69,470
2 years$36,793$36,107$35,443$34,799$34,175$31,882
3 years$24,285$23,597$22,934$22,296$21,682$19,465
4 years$18,032$17,346$16,690$16,063$15,464$13,339
5 years$14,281$13,599$12,952$12,338$11,755$9,730
6 years$11,782$11,105$10,467$9,867$9,302$7,376
7 years$9,997$9,326$8,698$8,112$7,565$5,739
8 years$8,659$7,994$7,377$6,805$6,276$4,549
9 years$7,619$6,960$6,354$5,796$5,285$3,656
10 years$6,787$6,135$5,539$4,997$4,503$2,968
11 years$6,108$5,462$4,877$4,348$3,873$2,429
12 years$5,541$4,902$4,328$3,814$3,356$2,001
13 years$5,063$4,430$3,867$3,367$2,927$1,657
14 years$4,653$4,027$3,474$2,989$2,565$1,377
15 years$4,298$3,679$3,137$2,666$2,259$1,149
16 years$3,987$3,375$2,844$2,387$1,996$961
17 years$3,714$3,108$2,588$2,145$1,770$806
18 years$3,471$2,872$2,362$1,933$1,574$677
19 years$3,254$2,662$2,163$1,746$1,403$569
20 years$3,059$2,474$1,985$1,582$1,253$480
21 years$2,883$2,304$1,826$1,436$1,121$404
22 years$2,722$2,151$1,683$1,305$1,005$341
23 years$2,577$2,012$1,554$1,189$902$288
24 years$2,443$1,885$1,437$1,084$811$244
25 years$2,320$1,769$1,331$990$730$206
26 years$2,207$1,662$1,234$905$657$174
27 years$2,103$1,564$1,146$829$593$148
28 years$2,006$1,474$1,065$759$535$125
29 years$1,916$1,391$991$696$483$106
30 years$1,832$1,313$924$639$436$90
31 years$1,754$1,242$861$587$394$76
32 years$1,680$1,175$803$539$357$64
33 years$1,612$1,113$750$496$323$55
34 years$1,547$1,054$701$456$292$46
35 years$1,487$1,000$655$420$265$39
36 years$1,429$949$613$387$240$33
37 years$1,375$902$574$356$217$28
38 years$1,324$857$537$329$197$24
39 years$1,276$815$503$303$179$20
40 years$1,230$775$472$279$162$17
41 years$1,187$738$442$258$147$15
42 years$1,146$703$415$238$133$12
43 years$1,107$670$389$220$121$10
44 years$1,069$638$366$203$110$9
45 years$1,034$609$343$187$100$8
46 years$1,000$581$322$173$91$6
47 years$968$554$303$160$82$5
48 years$937$529$285$148$75$5
49 years$907$505$267$136$68$4
50 years$879$482$251$126$62$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $900,000, adding $3,149 every year, while hoping to spend $40,099 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: 36/38/26 Blend
41$900,000$900,000$900,000$900,000
42$995,048$947,348$933,398$1,022,993
43$1,053,878$951,103$922,002$1,047,707
44$1,117,365$953,698$908,880$1,070,488
45$1,185,941$955,034$893,932$1,094,298
46$1,260,081$955,006$877,054$1,119,256
47$1,340,309$953,501$858,135$1,145,495
48$1,427,199$950,401$837,061$1,173,165
49$1,521,383$945,579$813,711$1,202,434
50$1,623,554$938,903$787,961$1,233,490
51$1,734,477$930,229$759,678$1,266,545
52$1,854,991$919,409$728,725$1,301,835
53$1,986,022$906,281$694,958$1,339,625
54$2,128,584$890,677$658,228$1,380,210
55$2,283,798$872,419$618,377$1,423,921
56$2,452,894$851,316$575,241$1,471,126
57$2,637,226$827,167$528,649$1,522,237
58$2,838,286$799,761$478,421$1,577,713
59$3,057,713$768,871$424,370$1,638,064
60$3,297,315$734,261$366,302$1,703,860
61$3,559,079$695,677$304,011$1,775,735
62$3,845,194$652,855$237,284$1,854,393
63$4,158,070$605,511$165,900$1,940,619
64$4,500,361$553,349$89,625$2,035,283
65$4,874,987$496,053$8,217$2,139,356
66$5,285,167$433,290$0$2,253,912
67$5,734,442$364,709$0$2,401,967
68$6,226,714$289,939$0$2,566,878
69$6,766,280$208,587$0$2,747,909
70$7,357,872$120,239$0$2,946,771
71$8,006,700$24,456$0$3,165,358
72$8,718,507$0$0$3,405,762
73$9,499,614$0$0$3,703,424
74$10,356,987$0$0$4,041,505
75$11,298,296$0$0$4,412,821
76$12,331,993$0$0$4,820,722
77$13,467,388$0$0$5,268,899
78$14,714,734$0$0$5,761,419
79$16,085,331$0$0$6,302,762
80$17,591,625$0$0$6,897,862
81$19,247,326$0$0$7,552,158
82$21,067,541$0$0$8,271,639
83$23,068,914$0$0$9,062,905
84$25,269,779$0$0$9,933,230
85$27,690,340$0$0$10,890,623
86$30,352,854$0$0$11,943,913
87$33,281,844$0$0$13,102,825
88$36,504,331$0$0$14,378,077
89$40,050,086$0$0$15,781,475
90$43,951,910$0$0$17,326,030
91$48,245,947$0$0$19,026,077
92$52,972,020$0$0$20,897,412
93$58,174,009$0$0$22,957,439
94$63,900,266$0$0$25,225,337
95$70,204,064$0$0$27,722,237
96$77,144,108$0$0$30,471,424
97$84,785,082$0$0$33,498,556
98$93,198,262$0$0$36,831,905
99$102,462,187$0$0$40,502,626
100$112,663,400$0$0$44,545,047