Can I retire at age 43 with 330,000?

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 $330,000?

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$27,251$27,008$26,772$26,540$26,315$25,783
2 years$13,491$13,239$12,996$12,760$12,531$11,998
3 years$8,904$8,652$8,409$8,175$7,950$7,432
4 years$6,612$6,360$6,120$5,890$5,670$5,171
5 years$5,237$4,986$4,749$4,524$4,310$3,832
6 years$4,320$4,072$3,838$3,618$3,411$2,953
7 years$3,666$3,420$3,189$2,974$2,774$2,337
8 years$3,175$2,931$2,705$2,495$2,301$1,885
9 years$2,794$2,552$2,330$2,125$1,938$1,543
10 years$2,489$2,250$2,031$1,832$1,651$1,276
11 years$2,239$2,003$1,788$1,594$1,420$1,065
12 years$2,032$1,797$1,587$1,399$1,231$895
13 years$1,856$1,624$1,418$1,235$1,073$756
14 years$1,706$1,477$1,274$1,096$941$641
15 years$1,576$1,349$1,150$977$828$546
16 years$1,462$1,238$1,043$875$732$467
17 years$1,362$1,140$949$786$649$400
18 years$1,273$1,053$866$709$577$344
19 years$1,193$976$793$640$514$296
20 years$1,122$907$728$580$459$255
21 years$1,057$845$669$526$411$220
22 years$998$789$617$479$369$190
23 years$945$738$570$436$331$164
24 years$896$691$527$398$297$142
25 years$851$649$488$363$268$123
26 years$809$610$453$332$241$107
27 years$771$574$420$304$217$93
28 years$735$541$391$278$196$80
29 years$702$510$364$255$177$70
30 years$672$482$339$234$160$60
31 years$643$455$316$215$145$53
32 years$616$431$295$198$131$46
33 years$591$408$275$182$118$40
34 years$567$387$257$167$107$34
35 years$545$367$240$154$97$30
36 years$524$348$225$142$88$26
37 years$504$331$210$131$80$23
38 years$486$314$197$120$72$20
39 years$468$299$185$111$66$17
40 years$451$284$173$102$59$15
41 years$435$271$162$95$54$13
42 years$420$258$152$87$49$11
43 years$406$246$143$81$44$10
44 years$392$234$134$74$40$9
45 years$379$223$126$69$37$7
46 years$367$213$118$63$33$6
47 years$355$203$111$59$30$6
48 years$343$194$104$54$27$5
49 years$333$185$98$50$25$4
50 years$322$177$92$46$23$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $330,000, adding $5,475 every year, while hoping to spend $22,567 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: 34/49/17 Blend
42$330,000$330,000$330,000$330,000
43$369,307$351,817$346,702$379,760
44$382,966$345,045$334,306$381,128
45$397,261$337,185$320,738$380,109
46$412,234$328,160$305,935$378,529
47$427,929$317,887$289,831$376,352
48$444,395$306,281$272,358$373,540
49$461,685$293,250$253,443$370,052
50$479,855$278,697$233,012$365,846
51$498,967$262,521$210,985$360,881
52$519,089$244,611$187,280$355,110
53$540,294$224,855$161,812$348,488
54$562,662$203,131$134,490$340,967
55$586,280$179,311$105,222$332,497
56$611,244$153,260$73,910$323,027
57$637,656$124,835$40,452$312,504
58$665,630$93,886$4,740$300,876
59$695,291$60,252$0$288,087
60$726,772$23,766$0$280,133
61$760,222$0$0$272,216
62$795,802$0$0$271,931
63$833,690$0$0$285,301
64$874,079$0$0$299,581
65$917,181$0$0$314,851
66$963,229$0$0$331,197
67$1,012,477$0$0$348,714
68$1,065,206$0$0$367,505
69$1,121,720$0$0$387,684
70$1,182,356$0$0$409,376
71$1,247,484$0$0$432,719
72$1,317,507$0$0$457,862
73$1,392,870$0$0$484,972
74$1,474,060$0$0$514,230
75$1,561,614$0$0$545,836
76$1,656,121$0$0$580,008
77$1,758,227$0$0$616,989
78$1,868,643$0$0$657,044
79$1,988,150$0$0$700,463
80$2,117,607$0$0$747,568
81$2,257,959$0$0$798,711
82$2,410,245$0$0$854,279
83$2,575,605$0$0$914,699
84$2,755,297$0$0$980,441
85$2,950,702$0$0$1,052,020
86$3,163,341$0$0$1,130,005
87$3,394,887$0$0$1,215,020
88$3,647,181$0$0$1,307,755
89$3,922,248$0$0$1,408,966
90$4,222,318$0$0$1,519,487
91$4,549,845$0$0$1,640,235
92$4,907,531$0$0$1,772,221
93$5,298,349$0$0$1,916,556
94$5,725,573$0$0$2,074,467
95$6,192,809$0$0$2,247,301
96$6,704,023$0$0$2,436,543
97$7,263,588$0$0$2,643,828
98$7,876,315$0$0$2,870,957
99$8,547,502$0$0$3,119,913
100$9,282,987$0$0$3,392,880