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%11.2%
1 years$76,386$75,705$75,041$74,393$73,761$73,388
2 years$37,815$37,110$36,428$35,766$35,124$34,748
3 years$24,959$24,252$23,571$22,916$22,284$21,916
4 years$18,533$17,828$17,154$16,509$15,893$15,537
5 years$14,678$13,977$13,312$12,681$12,082$11,737
6 years$12,109$11,413$10,758$10,141$9,560$9,228
7 years$10,275$9,585$8,940$8,337$7,775$7,455
8 years$8,900$8,216$7,582$6,994$6,450$6,143
9 years$7,831$7,154$6,530$5,957$5,432$5,138
10 years$6,976$6,306$5,693$5,135$4,628$4,347
11 years$6,277$5,613$5,012$4,469$3,980$3,711
12 years$5,695$5,038$4,448$3,920$3,449$3,192
13 years$5,203$4,553$3,974$3,461$3,008$2,763
14 years$4,782$4,139$3,571$3,072$2,637$2,403
15 years$4,417$3,781$3,224$2,740$2,322$2,099
16 years$4,098$3,469$2,923$2,453$2,052$1,840
17 years$3,817$3,195$2,660$2,204$1,819$1,619
18 years$3,567$2,952$2,428$1,986$1,618$1,427
19 years$3,344$2,736$2,223$1,795$1,442$1,261
20 years$3,144$2,542$2,040$1,626$1,288$1,117
21 years$2,963$2,368$1,876$1,475$1,152$991
22 years$2,798$2,211$1,729$1,341$1,033$881
23 years$2,648$2,067$1,597$1,222$927$783
24 years$2,511$1,937$1,477$1,114$833$698
25 years$2,385$1,818$1,368$1,018$750$622
26 years$2,269$1,708$1,269$930$676$555
27 years$2,161$1,608$1,178$852$609$496
28 years$2,062$1,515$1,095$780$550$443
29 years$1,969$1,429$1,019$716$496$397
30 years$1,883$1,350$949$657$448$355
31 years$1,802$1,276$885$603$405$318
32 years$1,727$1,207$826$554$367$285
33 years$1,657$1,143$771$510$332$255
34 years$1,590$1,084$720$469$300$229
35 years$1,528$1,028$673$432$272$205
36 years$1,469$976$630$398$247$184
37 years$1,414$927$590$366$223$165
38 years$1,361$881$552$338$203$148
39 years$1,312$837$517$311$184$133
40 years$1,265$797$485$287$167$119
41 years$1,220$758$455$265$151$107
42 years$1,178$722$426$245$137$96
43 years$1,137$688$400$226$125$86
44 years$1,099$656$376$208$113$78
45 years$1,062$626$353$192$103$70
46 years$1,028$597$331$178$93$63
47 years$994$569$311$164$85$56
48 years$963$544$292$152$77$51
49 years$932$519$275$140$70$46
50 years$903$496$258$130$63$41

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 42 starting with $925,000, adding $2,211 every year, while hoping to spend $53,389 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: 42/44/14 Blend
41$925,000$925,000$925,000$925,000
42$1,021,631$972,606$958,268$1,060,262
43$1,069,031$963,458$933,565$1,078,486
44$1,119,478$952,072$906,244$1,092,750
45$1,173,224$938,283$876,163$1,107,037
46$1,230,548$921,915$843,170$1,121,372
47$1,291,756$902,780$807,108$1,135,787
48$1,357,181$880,682$767,812$1,150,323
49$1,427,190$855,412$725,110$1,165,028
50$1,502,184$826,749$678,822$1,179,960
51$1,582,605$794,457$628,761$1,195,188
52$1,668,935$758,290$574,729$1,210,792
53$1,761,706$717,986$516,521$1,226,869
54$1,861,499$673,266$453,924$1,243,527
55$1,968,954$623,838$386,712$1,260,897
56$2,084,773$569,392$314,653$1,279,126
57$2,209,728$509,601$237,502$1,298,385
58$2,344,667$444,117$155,004$1,318,869
59$2,490,519$372,575$66,893$1,340,803
60$2,648,309$294,589$0$1,364,441
61$2,819,163$209,749$0$1,394,128
62$3,004,316$117,626$0$1,437,067
63$3,205,129$17,762$0$1,483,675
64$3,423,098$0$0$1,534,421
65$3,659,868$0$0$1,633,564
66$3,917,248$0$0$1,750,788
67$4,197,229$0$0$1,878,413
68$4,502,002$0$0$2,017,451
69$4,833,976$0$0$2,169,014
70$5,195,803$0$0$2,334,330
71$5,590,403$0$0$2,514,746
72$6,020,988$0$0$2,711,747
73$6,491,094$0$0$2,926,968
74$7,004,614$0$0$3,162,209
75$7,565,833$0$0$3,419,449
76$8,179,468$0$0$3,700,871
77$8,850,716$0$0$4,008,877
78$9,585,293$0$0$4,346,109
79$10,389,500$0$0$4,715,483
80$11,270,271$0$0$5,120,203
81$12,235,243$0$0$5,563,802
82$13,292,827$0$0$6,050,171
83$14,452,288$0$0$6,583,594
84$15,723,826$0$0$7,168,790
85$17,118,679$0$0$7,810,956
86$18,649,225$0$0$8,515,817
87$20,329,096$0$0$9,289,682
88$22,173,311$0$0$10,139,495
89$24,198,410$0$0$11,072,912
90$26,422,617$0$0$12,098,361
91$28,866,007$0$0$13,225,130
92$31,550,693$0$0$14,463,451
93$34,501,038$0$0$15,824,595
94$37,743,882$0$0$17,320,981
95$41,308,794$0$0$18,966,291
96$45,228,350$0$0$20,775,596
97$49,538,442$0$0$22,765,506
98$54,278,613$0$0$24,954,316
99$59,492,429$0$0$27,362,187
100$65,227,893$0$0$30,011,330