Can I retire at age 43 with 360,000?

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 $360,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$29,728$29,464$29,205$28,953$28,707$28,550
2 years$14,717$14,443$14,177$13,920$13,670$13,512
3 years$9,714$9,439$9,174$8,919$8,673$8,518
4 years$7,213$6,938$6,676$6,425$6,186$6,035
5 years$5,713$5,440$5,181$4,935$4,702$4,557
6 years$4,713$4,442$4,187$3,947$3,721$3,581
7 years$3,999$3,730$3,479$3,245$3,026$2,891
8 years$3,464$3,198$2,951$2,722$2,510$2,381
9 years$3,048$2,784$2,542$2,319$2,114$1,990
10 years$2,715$2,454$2,216$1,999$1,801$1,683
11 years$2,443$2,185$1,951$1,739$1,549$1,436
12 years$2,217$1,961$1,731$1,526$1,342$1,234
13 years$2,025$1,772$1,547$1,347$1,171$1,068
14 years$1,861$1,611$1,390$1,196$1,026$928
15 years$1,719$1,471$1,255$1,066$904$810
16 years$1,595$1,350$1,138$955$799$710
17 years$1,486$1,243$1,035$858$708$624
18 years$1,388$1,149$945$773$630$550
19 years$1,302$1,065$865$699$561$485
20 years$1,224$989$794$633$501$430
21 years$1,153$922$730$574$449$381
22 years$1,089$860$673$522$402$338
23 years$1,031$805$621$475$361$301
24 years$977$754$575$434$324$268
25 years$928$707$532$396$292$238
26 years$883$665$494$362$263$213
27 years$841$626$458$331$237$190
28 years$802$590$426$304$214$169
29 years$766$556$397$278$193$151
30 years$733$525$369$256$175$135
31 years$701$497$344$235$158$121
32 years$672$470$321$216$143$108
33 years$645$445$300$198$129$97
34 years$619$422$280$183$117$87
35 years$595$400$262$168$106$78
36 years$572$380$245$155$96$70
37 years$550$361$229$143$87$63
38 years$530$343$215$131$79$56
39 years$510$326$201$121$72$50
40 years$492$310$189$112$65$45
41 years$475$295$177$103$59$41
42 years$458$281$166$95$53$36
43 years$443$268$156$88$48$33
44 years$428$255$146$81$44$29
45 years$414$243$137$75$40$26
46 years$400$232$129$69$36$24
47 years$387$222$121$64$33$21
48 years$375$212$114$59$30$19
49 years$363$202$107$55$27$17
50 years$351$193$101$50$25$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $360,000, adding $2,528 every year, while hoping to spend $26,764 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: 38/49/13 Blend
42$360,000$360,000$360,000$360,000
43$399,328$380,248$374,668$412,837
44$411,582$370,403$358,742$412,855
45$424,190$359,179$341,386$410,094
46$437,158$346,480$322,524$406,525
47$450,495$332,204$302,075$402,089
48$464,208$316,244$279,957$396,722
49$478,304$298,487$256,082$390,358
50$492,790$278,812$230,360$382,925
51$507,673$257,092$202,696$374,349
52$522,960$233,194$172,990$364,551
53$538,656$206,975$141,140$353,445
54$554,768$178,285$107,037$340,943
55$571,300$146,967$70,568$326,950
56$588,256$112,852$31,616$311,366
57$605,641$75,764$0$294,087
58$623,456$35,517$0$276,379
59$641,704$0$0$261,514
60$660,384$0$0$249,356
61$679,497$0$0$256,503
62$699,039$0$0$263,803
63$719,007$0$0$271,254
64$739,395$0$0$278,852
65$760,194$0$0$286,592
66$781,395$0$0$294,470
67$802,983$0$0$302,479
68$824,942$0$0$310,611
69$847,253$0$0$318,856
70$869,892$0$0$327,204
71$892,832$0$0$335,643
72$916,038$0$0$344,156
73$939,474$0$0$352,728
74$963,096$0$0$361,338
75$986,852$0$0$369,964
76$1,010,686$0$0$378,581
77$1,034,530$0$0$387,159
78$1,058,311$0$0$395,667
79$1,081,942$0$0$404,066
80$1,105,328$0$0$412,315
81$1,128,359$0$0$420,367
82$1,150,914$0$0$428,170
83$1,172,854$0$0$435,663
84$1,194,025$0$0$442,781
85$1,214,254$0$0$449,450
86$1,233,348$0$0$455,586
87$1,251,089$0$0$461,097
88$1,267,236$0$0$465,880
89$1,281,518$0$0$469,820
90$1,293,636$0$0$472,790
91$1,303,254$0$0$474,646
92$1,310,000$0$0$475,231
93$1,313,458$0$0$474,369
94$1,313,170$0$0$471,865
95$1,308,622$0$0$467,502
96$1,299,249$0$0$461,041
97$1,284,419$0$0$452,216
98$1,263,435$0$0$440,731
99$1,235,523$0$0$426,260
100$1,199,826$0$0$408,440