Can I retire at age 43 with 360,000?

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 $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%14.3%
1 years$29,728$29,464$29,205$28,953$28,707$28,197
2 years$14,717$14,443$14,177$13,920$13,670$13,158
3 years$9,714$9,439$9,174$8,919$8,673$8,174
4 years$7,213$6,938$6,676$6,425$6,186$5,705
5 years$5,713$5,440$5,181$4,935$4,702$4,240
6 years$4,713$4,442$4,187$3,947$3,721$3,279
7 years$3,999$3,730$3,479$3,245$3,026$2,603
8 years$3,464$3,198$2,951$2,722$2,510$2,108
9 years$3,048$2,784$2,542$2,319$2,114$1,731
10 years$2,715$2,454$2,216$1,999$1,801$1,437
11 years$2,443$2,185$1,951$1,739$1,549$1,204
12 years$2,217$1,961$1,731$1,526$1,342$1,015
13 years$2,025$1,772$1,547$1,347$1,171$861
14 years$1,861$1,611$1,390$1,196$1,026$734
15 years$1,719$1,471$1,255$1,066$904$628
16 years$1,595$1,350$1,138$955$799$539
17 years$1,486$1,243$1,035$858$708$463
18 years$1,388$1,149$945$773$630$400
19 years$1,302$1,065$865$699$561$345
20 years$1,224$989$794$633$501$299
21 years$1,153$922$730$574$449$259
22 years$1,089$860$673$522$402$225
23 years$1,031$805$621$475$361$195
24 years$977$754$575$434$324$170
25 years$928$707$532$396$292$148
26 years$883$665$494$362$263$129
27 years$841$626$458$331$237$112
28 years$802$590$426$304$214$98
29 years$766$556$397$278$193$85
30 years$733$525$369$256$175$74
31 years$701$497$344$235$158$65
32 years$672$470$321$216$143$57
33 years$645$445$300$198$129$50
34 years$619$422$280$183$117$43
35 years$595$400$262$168$106$38
36 years$572$380$245$155$96$33
37 years$550$361$229$143$87$29
38 years$530$343$215$131$79$25
39 years$510$326$201$121$72$22
40 years$492$310$189$112$65$19
41 years$475$295$177$103$59$17
42 years$458$281$166$95$53$15
43 years$443$268$156$88$48$13
44 years$428$255$146$81$44$11
45 years$414$243$137$75$40$10
46 years$400$232$129$69$36$9
47 years$387$222$121$64$33$8
48 years$375$212$114$59$30$7
49 years$363$202$107$55$27$6
50 years$351$193$101$50$25$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $360,000, adding $3,170 every year, while hoping to spend $21,107 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: 70/14/16 Blend
42$360,000$360,000$360,000$360,000
43$399,990$380,910$375,330$426,284
44$418,331$377,117$365,446$440,392
45$437,836$372,430$354,523$453,003
46$458,600$366,785$342,505$466,265
47$480,730$360,110$329,331$480,240
48$504,341$352,331$314,940$494,996
49$529,559$343,371$299,266$510,608
50$556,523$333,145$282,240$527,161
51$585,385$321,566$263,792$544,745
52$616,313$308,541$243,848$563,465
53$649,488$293,971$222,328$583,434
54$685,112$277,752$199,152$604,779
55$723,405$259,773$174,236$627,638
56$764,609$239,919$147,489$652,167
57$808,990$218,065$118,820$678,538
58$856,838$194,082$88,132$706,940
59$908,475$167,832$55,324$737,584
60$964,253$139,168$20,291$770,702
61$1,024,557$107,939$0$806,553
62$1,089,815$73,980$0$848,340
63$1,160,492$37,122$0$897,346
64$1,237,103$0$0$950,474
65$1,320,214$0$0$1,008,566
66$1,410,444$0$0$1,077,860
67$1,508,479$0$0$1,153,164
68$1,615,069$0$0$1,235,057
69$1,731,043$0$0$1,324,179
70$1,857,309$0$0$1,421,230
71$1,994,871$0$0$1,526,983
72$2,144,829$0$0$1,642,287
73$2,308,397$0$0$1,768,078
74$2,486,911$0$0$1,905,386
75$2,681,839$0$0$2,055,343
76$2,894,799$0$0$2,219,198
77$3,127,573$0$0$2,398,323
78$3,382,121$0$0$2,594,232
79$3,660,603$0$0$2,808,588
80$3,965,395$0$0$3,043,226
81$4,299,115$0$0$3,300,164
82$4,664,646$0$0$3,581,625
83$5,065,163$0$0$3,890,058
84$5,504,161$0$0$4,228,159
85$5,985,490$0$0$4,598,898
86$6,513,393$0$0$5,005,545
87$7,092,539$0$0$5,451,703
88$7,728,073$0$0$5,941,341
89$8,425,663$0$0$6,478,828
90$9,191,551$0$0$7,068,981
91$10,032,613$0$0$7,717,103
92$10,956,425$0$0$8,429,037
93$11,971,331$0$0$9,211,219
94$13,086,523$0$0$10,070,739
95$14,312,130$0$0$11,015,410
96$15,659,309$0$0$12,053,837
97$17,140,351$0$0$13,195,501
98$18,768,798$0$0$14,450,849
99$20,559,572$0$0$15,831,389
100$22,529,109$0$0$17,349,800