Can I retire at age 42 with 925,000?

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 $925,000?

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$76,386$75,705$75,041$74,393$73,761$72,839
2 years$37,815$37,110$36,428$35,766$35,124$34,197
3 years$24,959$24,252$23,571$22,916$22,284$21,380
4 years$18,533$17,828$17,154$16,509$15,893$15,019
5 years$14,678$13,977$13,312$12,681$12,082$11,240
6 years$12,109$11,413$10,758$10,141$9,560$8,752
7 years$10,275$9,585$8,940$8,337$7,775$7,001
8 years$8,900$8,216$7,582$6,994$6,450$5,710
9 years$7,831$7,154$6,530$5,957$5,432$4,725
10 years$6,976$6,306$5,693$5,135$4,628$3,954
11 years$6,277$5,613$5,012$4,469$3,980$3,339
12 years$5,695$5,038$4,448$3,920$3,449$2,840
13 years$5,203$4,553$3,974$3,461$3,008$2,429
14 years$4,782$4,139$3,571$3,072$2,637$2,088
15 years$4,417$3,781$3,224$2,740$2,322$1,802
16 years$4,098$3,469$2,923$2,453$2,052$1,561
17 years$3,817$3,195$2,660$2,204$1,819$1,355
18 years$3,567$2,952$2,428$1,986$1,618$1,180
19 years$3,344$2,736$2,223$1,795$1,442$1,030
20 years$3,144$2,542$2,040$1,626$1,288$900
21 years$2,963$2,368$1,876$1,475$1,152$788
22 years$2,798$2,211$1,729$1,341$1,033$690
23 years$2,648$2,067$1,597$1,222$927$606
24 years$2,511$1,937$1,477$1,114$833$532
25 years$2,385$1,818$1,368$1,018$750$468
26 years$2,269$1,708$1,269$930$676$412
27 years$2,161$1,608$1,178$852$609$363
28 years$2,062$1,515$1,095$780$550$320
29 years$1,969$1,429$1,019$716$496$282
30 years$1,883$1,350$949$657$448$248
31 years$1,802$1,276$885$603$405$219
32 years$1,727$1,207$826$554$367$193
33 years$1,657$1,143$771$510$332$171
34 years$1,590$1,084$720$469$300$151
35 years$1,528$1,028$673$432$272$133
36 years$1,469$976$630$398$247$118
37 years$1,414$927$590$366$223$104
38 years$1,361$881$552$338$203$92
39 years$1,312$837$517$311$184$81
40 years$1,265$797$485$287$167$72
41 years$1,220$758$455$265$151$64
42 years$1,178$722$426$245$137$56
43 years$1,137$688$400$226$125$50
44 years$1,099$656$376$208$113$44
45 years$1,062$626$353$192$103$39
46 years$1,028$597$331$178$93$34
47 years$994$569$311$164$85$30
48 years$963$544$292$152$77$27
49 years$932$519$275$140$70$24
50 years$903$496$258$130$63$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $925,000, adding $2,946 every year, while hoping to spend $27,524 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: 39/42/19 Blend
41$925,000$925,000$925,000$925,000
42$1,022,389$973,364$959,026$1,056,363
43$1,097,387$991,773$961,868$1,099,422
44$1,179,113$1,010,162$963,883$1,143,105
45$1,268,223$1,028,501$965,014$1,189,768
46$1,365,441$1,046,757$965,201$1,239,695
47$1,471,562$1,064,894$964,382$1,293,202
48$1,587,464$1,082,877$962,491$1,350,636
49$1,714,111$1,100,663$959,460$1,412,378
50$1,852,564$1,118,209$955,215$1,478,854
51$2,003,993$1,135,469$949,683$1,550,530
52$2,169,686$1,152,393$942,783$1,627,922
53$2,351,060$1,168,926$934,432$1,711,598
54$2,549,676$1,185,012$924,544$1,802,189
55$2,767,254$1,200,588$913,027$1,900,387
56$3,005,686$1,215,589$899,785$2,006,959
57$3,267,058$1,229,944$884,720$2,122,749
58$3,553,665$1,243,579$867,725$2,248,693
59$3,868,038$1,256,413$848,693$2,385,819
60$4,212,961$1,268,360$827,507$2,535,265
61$4,591,503$1,279,331$804,049$2,698,286
62$5,007,045$1,289,226$778,193$2,876,267
63$5,463,309$1,297,944$749,808$3,070,738
64$5,964,396$1,305,373$718,757$3,283,386
65$6,514,826$1,311,397$684,896$3,516,072
66$7,119,573$1,315,891$648,075$3,770,853
67$7,784,123$1,318,723$608,139$4,049,994
68$8,514,515$1,319,751$564,923$4,355,998
69$9,317,403$1,318,827$518,256$4,691,626
70$10,200,120$1,315,792$467,959$5,059,925
71$11,170,743$1,310,476$413,847$5,464,253
72$12,238,172$1,302,702$355,723$5,908,321
73$13,412,210$1,292,279$293,384$6,396,217
74$14,703,661$1,279,007$226,619$6,932,455
75$16,124,427$1,262,671$155,203$7,522,012
76$17,687,623$1,243,046$78,907$8,170,380
77$19,407,698$1,219,892$0$8,883,616
78$21,300,573$1,192,956$0$9,668,912
79$23,383,789$1,161,969$0$10,550,230
80$25,676,676$1,126,646$0$11,519,739
81$28,200,531$1,086,686$0$12,586,459
82$30,978,821$1,041,770$0$13,760,335
83$34,037,406$991,561$0$15,052,331
84$37,404,776$935,702$0$16,474,536
85$41,112,328$873,816$0$18,040,275
86$45,194,656$805,505$0$19,764,242
87$49,689,882$730,345$0$21,662,632
88$54,640,009$647,891$0$23,753,302
89$60,091,325$557,673$0$26,055,938
90$66,094,834$459,193$0$28,592,239
91$72,706,737$351,923$0$31,386,128
92$79,988,967$235,310$0$34,463,978
93$88,009,768$108,766$0$37,854,858
94$96,844,341$0$0$41,590,817
95$106,575,554$0$0$45,720,271
96$117,294,723$0$0$50,324,517
97$129,102,474$0$0$55,396,530
98$142,109,692$0$0$60,983,964
99$156,438,567$0$0$67,139,332
100$172,223,749$0$0$73,920,500