Can I retire at age 42 with 910,000?

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 $910,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$75,147$74,478$73,825$73,187$72,565$71,392
2 years$37,201$36,509$35,837$35,186$34,555$33,376
3 years$24,555$23,859$23,189$22,544$21,923$20,776
4 years$18,232$17,539$16,876$16,242$15,636$14,528
5 years$14,440$13,751$13,096$12,475$11,886$10,822
6 years$11,913$11,228$10,584$9,977$9,405$8,385
7 years$10,108$9,430$8,795$8,202$7,649$6,674
8 years$8,755$8,083$7,459$6,881$6,345$5,415
9 years$7,704$7,038$6,424$5,861$5,344$4,457
10 years$6,863$6,203$5,601$5,052$4,553$3,710
11 years$6,175$5,522$4,931$4,397$3,916$3,115
12 years$5,603$4,957$4,376$3,857$3,393$2,634
13 years$5,119$4,479$3,910$3,405$2,959$2,240
14 years$4,704$4,072$3,513$3,022$2,594$1,914
15 years$4,345$3,719$3,172$2,695$2,284$1,642
16 years$4,032$3,413$2,876$2,413$2,019$1,413
17 years$3,755$3,143$2,617$2,168$1,790$1,219
18 years$3,510$2,904$2,389$1,954$1,591$1,055
19 years$3,290$2,692$2,187$1,766$1,418$914
20 years$3,093$2,501$2,007$1,599$1,267$794
21 years$2,915$2,330$1,846$1,451$1,134$690
22 years$2,753$2,175$1,701$1,320$1,016$601
23 years$2,605$2,034$1,571$1,202$912$524
24 years$2,470$1,906$1,453$1,096$820$457
25 years$2,346$1,788$1,346$1,001$738$399
26 years$2,232$1,681$1,248$915$665$348
27 years$2,126$1,582$1,159$838$599$305
28 years$2,028$1,491$1,077$768$541$266
29 years$1,937$1,406$1,003$704$488$233
30 years$1,852$1,328$934$646$441$204
31 years$1,773$1,255$871$593$399$179
32 years$1,699$1,188$812$545$361$157
33 years$1,630$1,125$758$501$326$137
34 years$1,564$1,066$709$461$296$120
35 years$1,503$1,011$662$425$268$105
36 years$1,445$960$620$391$243$92
37 years$1,391$912$580$360$220$81
38 years$1,339$866$543$332$199$71
39 years$1,290$824$509$306$181$62
40 years$1,244$784$477$283$164$55
41 years$1,200$746$447$261$149$48
42 years$1,159$711$420$241$135$42
43 years$1,119$677$394$222$122$37
44 years$1,081$645$370$205$111$32
45 years$1,045$615$347$189$101$28
46 years$1,011$587$326$175$92$25
47 years$978$560$306$162$83$22
48 years$947$535$288$149$76$19
49 years$917$511$270$138$69$17
50 years$888$488$254$128$62$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $910,000, adding $4,541 every year, while hoping to spend $25,163 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: 63/19/18 Blend
41$910,000$910,000$910,000$910,000
42$1,007,504$959,274$945,169$1,066,120
43$1,083,496$979,505$950,059$1,126,324
44$1,166,396$999,884$954,269$1,188,790
45$1,256,882$1,020,392$957,751$1,256,415
46$1,355,700$1,041,008$960,452$1,329,703
47$1,463,672$1,061,708$962,317$1,409,211
48$1,581,703$1,082,467$963,291$1,495,549
49$1,710,787$1,103,259$963,312$1,589,394
50$1,852,023$1,124,054$962,318$1,691,488
51$2,006,616$1,144,820$960,243$1,802,653
52$2,175,898$1,165,522$957,018$1,923,790
53$2,361,331$1,186,124$952,569$2,055,897
54$2,564,528$1,206,586$946,822$2,200,069
55$2,787,265$1,226,864$939,696$2,357,517
56$3,031,498$1,246,912$931,107$2,529,573
57$3,299,381$1,266,680$920,969$2,717,708
58$3,593,285$1,286,115$909,189$2,923,540
59$3,915,825$1,305,160$895,672$3,148,854
60$4,269,878$1,323,752$880,316$3,395,619
61$4,658,617$1,341,827$863,017$3,666,002
62$5,085,532$1,359,313$843,665$3,962,395
63$5,554,473$1,376,136$822,145$4,287,432
64$6,069,678$1,392,215$798,335$4,644,019
65$6,635,816$1,407,464$772,110$5,035,355
66$7,258,031$1,421,792$743,338$5,464,970
67$7,941,991$1,435,101$711,880$5,936,754
68$8,693,940$1,447,287$677,594$6,454,994
69$9,520,757$1,458,238$640,328$7,024,415
70$10,430,019$1,467,837$599,925$7,650,228
71$11,430,079$1,475,959$556,220$8,338,172
72$12,530,134$1,482,468$509,040$9,094,577
73$13,740,322$1,487,224$458,208$9,926,419
74$15,071,811$1,490,073$403,534$10,841,385
75$16,536,906$1,490,857$344,822$11,847,952
76$18,149,165$1,489,404$281,869$12,955,459
77$19,923,528$1,485,533$214,459$14,174,204
78$21,876,455$1,479,051$142,371$15,515,533
79$24,026,084$1,469,755$65,371$16,991,956
80$26,392,399$1,457,428$0$18,617,258
81$28,997,421$1,441,839$0$20,409,863
82$31,865,415$1,422,746$0$22,396,899
83$35,023,117$1,399,891$0$24,584,309
84$38,499,989$1,372,999$0$26,992,492
85$42,328,494$1,341,783$0$29,643,928
86$46,544,404$1,305,934$0$32,563,391
87$51,187,137$1,265,128$0$35,778,181
88$56,300,127$1,219,021$0$39,318,385
89$61,931,238$1,167,251$0$43,217,158
90$68,133,209$1,109,431$0$47,511,041
91$74,964,158$1,045,155$0$52,240,299
92$82,488,127$973,992$0$57,449,309
93$90,775,686$895,488$0$63,186,973
94$99,904,600$809,161$0$69,507,183
95$109,960,561$714,502$0$76,469,332
96$121,038,000$610,974$0$84,138,870
97$133,240,973$498,009$0$92,587,927
98$146,684,149$375,008$0$101,895,992
99$161,493,885$241,336$0$112,150,663
100$177,809,425$96,325$0$123,448,478