Can I retire at age 43 with 310,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $310,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$25,600$25,371$25,149$24,932$24,720$24,462
2 years$12,673$12,437$12,208$11,986$11,771$11,511
3 years$8,365$8,128$7,900$7,680$7,468$7,215
4 years$6,211$5,975$5,749$5,533$5,326$5,081
5 years$4,919$4,684$4,461$4,250$4,049$3,812
6 years$4,058$3,825$3,605$3,399$3,204$2,976
7 years$3,443$3,212$2,996$2,794$2,606$2,388
8 years$2,983$2,754$2,541$2,344$2,162$1,953
9 years$2,624$2,397$2,189$1,997$1,820$1,621
10 years$2,338$2,113$1,908$1,721$1,551$1,361
11 years$2,104$1,881$1,680$1,498$1,334$1,152
12 years$1,909$1,689$1,491$1,314$1,156$983
13 years$1,744$1,526$1,332$1,160$1,008$844
14 years$1,603$1,387$1,197$1,030$884$728
15 years$1,480$1,267$1,080$918$778$630
16 years$1,373$1,163$980$822$688$548
17 years$1,279$1,071$891$739$610$477
18 years$1,196$989$814$666$542$417
19 years$1,121$917$745$602$483$365
20 years$1,054$852$684$545$432$320
21 years$993$794$629$494$386$281
22 years$938$741$580$450$346$248
23 years$887$693$535$409$311$218
24 years$841$649$495$373$279$192
25 years$799$609$458$341$251$170
26 years$760$573$425$312$226$150
27 years$724$539$395$285$204$133
28 years$691$508$367$262$184$117
29 years$660$479$342$240$166$104
30 years$631$452$318$220$150$92
31 years$604$428$297$202$136$81
32 years$579$405$277$186$123$72
33 years$555$383$258$171$111$64
34 years$533$363$241$157$101$57
35 years$512$344$226$145$91$50
36 years$492$327$211$133$83$45
37 years$474$311$198$123$75$40
38 years$456$295$185$113$68$35
39 years$440$281$173$104$62$31
40 years$424$267$163$96$56$28
41 years$409$254$152$89$51$25
42 years$395$242$143$82$46$22
43 years$381$231$134$76$42$19
44 years$368$220$126$70$38$17
45 years$356$210$118$65$34$15
46 years$344$200$111$60$31$14
47 years$333$191$104$55$28$12
48 years$323$182$98$51$26$11
49 years$312$174$92$47$23$10
50 years$303$166$87$43$21$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $310,000, adding $3,145 every year, while hoping to spend $20,442 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: 48/22/30 Blend
42$310,000$310,000$310,000$310,000
43$344,864$328,434$323,629$358,330
44$358,290$322,777$312,721$362,489
45$372,400$316,158$300,761$364,765
46$387,243$308,508$287,695$366,849
47$402,871$299,754$273,462$368,733
48$419,341$289,819$258,000$370,410
49$436,715$278,621$241,244$371,876
50$455,062$266,075$223,127$373,123
51$474,454$252,089$203,578$374,150
52$494,974$236,567$182,523$374,953
53$516,708$219,405$159,885$375,531
54$539,753$200,497$135,582$375,886
55$564,215$179,728$109,531$376,020
56$590,208$156,978$81,643$375,940
57$617,858$132,120$51,828$375,654
58$647,304$105,017$19,988$375,174
59$678,695$75,529$0$374,517
60$712,197$43,505$0$378,181
61$747,991$8,787$0$388,832
62$786,275$0$0$400,131
63$827,267$0$0$419,123
64$871,205$0$0$441,782
65$918,351$0$0$466,120
66$968,991$0$0$492,288
67$1,023,442$0$0$520,452
68$1,082,048$0$0$550,793
69$1,145,189$0$0$583,513
70$1,213,284$0$0$618,832
71$1,286,789$0$0$656,991
72$1,366,209$0$0$698,255
73$1,452,098$0$0$742,917
74$1,545,063$0$0$791,299
75$1,645,773$0$0$843,752
76$1,754,963$0$0$900,665
77$1,873,443$0$0$962,466
78$2,002,101$0$0$1,029,623
79$2,141,915$0$0$1,102,652
80$2,293,962$0$0$1,182,124
81$2,459,425$0$0$1,268,661
82$2,639,607$0$0$1,362,954
83$2,835,941$0$0$1,465,758
84$3,050,005$0$0$1,577,907
85$3,283,534$0$0$1,700,319
86$3,538,440$0$0$1,834,003
87$3,816,826$0$0$1,980,071
88$4,121,007$0$0$2,139,746
89$4,453,533$0$0$2,314,376
90$4,817,210$0$0$2,505,443
91$5,215,130$0$0$2,714,583
92$5,650,693$0$0$2,943,592
93$6,127,648$0$0$3,194,452
94$6,650,121$0$0$3,469,344
95$7,222,656$0$0$3,770,671
96$7,850,258$0$0$4,101,078
97$8,538,438$0$0$4,463,478
98$9,293,267$0$0$4,861,083
99$10,121,432$0$0$5,297,426
100$11,030,298$0$0$5,776,403