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%14.9%
1 years$74,321$73,659$73,013$72,383$71,767$70,318
2 years$36,793$36,107$35,443$34,799$34,175$32,721
3 years$24,285$23,597$22,934$22,296$21,682$20,269
4 years$18,032$17,346$16,690$16,063$15,464$14,103
5 years$14,281$13,599$12,952$12,338$11,755$10,450
6 years$11,782$11,105$10,467$9,867$9,302$8,053
7 years$9,997$9,326$8,698$8,112$7,565$6,374
8 years$8,659$7,994$7,377$6,805$6,276$5,142
9 years$7,619$6,960$6,354$5,796$5,285$4,207
10 years$6,787$6,135$5,539$4,997$4,503$3,480
11 years$6,108$5,462$4,877$4,348$3,873$2,904
12 years$5,541$4,902$4,328$3,814$3,356$2,440
13 years$5,063$4,430$3,867$3,367$2,927$2,061
14 years$4,653$4,027$3,474$2,989$2,565$1,749
15 years$4,298$3,679$3,137$2,666$2,259$1,490
16 years$3,987$3,375$2,844$2,387$1,996$1,273
17 years$3,714$3,108$2,588$2,145$1,770$1,091
18 years$3,471$2,872$2,362$1,933$1,574$937
19 years$3,254$2,662$2,163$1,746$1,403$806
20 years$3,059$2,474$1,985$1,582$1,253$695
21 years$2,883$2,304$1,826$1,436$1,121$599
22 years$2,722$2,151$1,683$1,305$1,005$518
23 years$2,577$2,012$1,554$1,189$902$448
24 years$2,443$1,885$1,437$1,084$811$388
25 years$2,320$1,769$1,331$990$730$336
26 years$2,207$1,662$1,234$905$657$291
27 years$2,103$1,564$1,146$829$593$252
28 years$2,006$1,474$1,065$759$535$219
29 years$1,916$1,391$991$696$483$190
30 years$1,832$1,313$924$639$436$165
31 years$1,754$1,242$861$587$394$143
32 years$1,680$1,175$803$539$357$124
33 years$1,612$1,113$750$496$323$108
34 years$1,547$1,054$701$456$292$94
35 years$1,487$1,000$655$420$265$82
36 years$1,429$949$613$387$240$71
37 years$1,375$902$574$356$217$62
38 years$1,324$857$537$329$197$54
39 years$1,276$815$503$303$179$47
40 years$1,230$775$472$279$162$41
41 years$1,187$738$442$258$147$35
42 years$1,146$703$415$238$133$31
43 years$1,107$670$389$220$121$27
44 years$1,069$638$366$203$110$23
45 years$1,034$609$343$187$100$20
46 years$1,000$581$322$173$91$18
47 years$968$554$303$160$82$15
48 years$937$529$285$148$75$13
49 years$907$505$267$136$68$12
50 years$879$482$251$126$62$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $900,000, adding $6,842 every year, while hoping to spend $27,715 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: 50/41/9 Blend
41$900,000$900,000$900,000$900,000
42$998,858$951,158$937,208$1,046,105
43$1,071,252$968,276$939,115$1,096,243
44$1,150,103$985,304$940,158$1,147,179
45$1,236,038$1,002,208$940,278$1,201,881
46$1,329,750$1,018,952$939,413$1,260,711
47$1,432,001$1,035,498$937,500$1,324,065
48$1,543,630$1,051,802$934,472$1,392,381
49$1,665,560$1,067,821$930,257$1,466,143
50$1,798,809$1,083,505$924,782$1,545,882
51$1,944,495$1,098,805$917,970$1,632,187
52$2,103,850$1,113,663$909,738$1,725,705
53$2,278,232$1,128,021$900,004$1,827,150
54$2,469,134$1,141,817$888,676$1,937,311
55$2,678,201$1,154,981$875,662$2,057,055
56$2,907,246$1,167,443$860,865$2,187,342
57$3,158,263$1,179,126$844,182$2,329,228
58$3,433,449$1,189,947$825,506$2,483,879
59$3,735,226$1,199,819$804,725$2,652,581
60$4,066,258$1,208,650$781,723$2,836,751
61$4,429,482$1,216,339$756,376$3,037,953
62$4,828,131$1,222,781$728,556$3,257,912
63$5,265,768$1,227,865$698,130$3,498,531
64$5,746,316$1,231,471$664,958$3,761,906
65$6,274,099$1,233,471$628,893$4,050,352
66$6,853,878$1,233,732$589,782$4,366,421
67$7,490,899$1,232,111$547,464$4,712,926
68$8,190,941$1,228,454$501,774$5,092,972
69$8,960,370$1,222,601$452,537$5,509,979
70$9,806,200$1,214,381$399,569$5,967,724
71$10,736,159$1,203,612$342,681$6,470,367
72$11,758,760$1,190,102$281,674$7,022,499
73$12,883,383$1,173,647$216,340$7,629,181
74$14,120,362$1,154,029$146,461$8,295,995
75$15,481,084$1,131,022$71,812$9,029,093
76$16,978,093$1,104,381$0$9,835,264
77$18,625,213$1,073,849$0$10,722,743
78$20,437,672$1,039,155$0$11,706,436
79$22,432,252$1,000,011$0$12,788,562
80$24,627,441$956,112$0$13,979,177
81$27,043,614$907,135$0$15,289,369
82$29,703,218$852,740$0$16,731,359
83$32,630,988$792,566$0$18,318,621
84$35,854,179$726,231$0$20,066,009
85$39,402,822$653,334$0$21,989,896
86$43,310,010$573,447$0$24,108,333
87$47,612,206$486,121$0$26,441,219
88$52,349,590$390,880$0$29,010,487
89$57,566,437$287,222$0$31,840,316
90$63,311,534$174,616$0$34,957,361
91$69,638,640$52,502$0$38,391,001
92$76,606,996$0$0$42,173,623
93$84,281,877$0$0$46,376,889
94$92,735,217$0$0$51,032,713
95$102,046,280$0$0$56,161,080
96$112,302,412$0$0$61,810,116
97$123,599,862$0$0$68,032,854
98$136,044,695$0$0$74,887,730
99$149,753,786$0$0$82,439,143
100$164,855,930$0$0$90,758,056