Can I retire at age 43 with 420,000?

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 $420,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$34,683$34,374$34,073$33,779$33,491$32,150
2 years$17,170$16,850$16,540$16,240$15,948$14,614
3 years$11,333$11,012$10,703$10,405$10,118$8,832
4 years$8,415$8,095$7,789$7,496$7,216$5,989
5 years$6,665$6,346$6,044$5,758$5,486$4,320
6 years$5,498$5,182$4,885$4,605$4,341$3,238
7 years$4,665$4,352$4,059$3,786$3,530$2,489
8 years$4,041$3,731$3,443$3,176$2,929$1,949
9 years$3,556$3,248$2,965$2,705$2,466$1,546
10 years$3,167$2,863$2,585$2,332$2,101$1,239
11 years$2,850$2,549$2,276$2,029$1,807$1,000
12 years$2,586$2,288$2,020$1,780$1,566$812
13 years$2,363$2,067$1,805$1,571$1,366$663
14 years$2,171$1,879$1,621$1,395$1,197$543
15 years$2,006$1,717$1,464$1,244$1,054$446
16 years$1,861$1,575$1,327$1,114$932$368
17 years$1,733$1,451$1,208$1,001$826$303
18 years$1,620$1,340$1,102$902$734$251
19 years$1,518$1,242$1,009$815$655$208
20 years$1,427$1,154$926$738$585$172
21 years$1,345$1,075$852$670$523$143
22 years$1,270$1,004$785$609$469$119
23 years$1,202$939$725$555$421$99
24 years$1,140$880$671$506$378$82
25 years$1,083$825$621$462$341$68
26 years$1,030$776$576$422$307$57
27 years$981$730$535$387$277$47
28 years$936$688$497$354$250$39
29 years$894$649$463$325$225$33
30 years$855$613$431$298$204$27
31 years$818$579$402$274$184$23
32 years$784$548$375$252$167$19
33 years$752$519$350$231$151$16
34 years$722$492$327$213$136$13
35 years$694$467$306$196$124$11
36 years$667$443$286$181$112$9
37 years$642$421$268$166$101$8
38 years$618$400$251$153$92$6
39 years$596$380$235$141$83$5
40 years$574$362$220$130$76$4
41 years$554$344$206$120$69$4
42 years$535$328$194$111$62$3
43 years$516$312$182$102$57$3
44 years$499$298$171$95$51$2
45 years$482$284$160$87$47$2
46 years$467$271$150$81$42$1
47 years$452$259$141$75$38$1
48 years$437$247$133$69$35$1
49 years$423$236$125$64$32$1
50 years$410$225$117$59$29$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $420,000, adding $3,416 every year, while hoping to spend $22,949 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: 38/46/16 Blend
42$420,000$420,000$420,000$420,000
43$466,364$444,104$437,594$481,718
44$489,515$441,447$427,835$490,380
45$514,259$437,891$416,981$497,282
46$540,733$433,368$404,970$504,252
47$569,090$427,804$391,738$511,309
48$599,494$421,124$377,219$518,473
49$632,129$413,246$361,342$525,770
50$667,195$404,084$344,036$533,231
51$704,911$393,546$325,223$540,891
52$745,518$381,536$304,824$548,791
53$789,281$367,952$282,756$556,979
54$836,492$352,685$258,932$565,511
55$887,469$335,622$233,262$574,449
56$942,564$316,640$205,649$583,867
57$1,002,163$295,613$175,995$593,849
58$1,066,689$272,404$144,197$604,490
59$1,136,610$246,870$110,147$615,897
60$1,212,439$218,861$73,730$628,195
61$1,294,738$188,216$34,831$641,523
62$1,384,129$154,766$0$656,039
63$1,481,293$118,332$0$673,062
64$1,586,982$78,727$0$698,072
65$1,702,020$35,752$0$725,367
66$1,827,318$0$0$755,226
67$1,963,874$0$0$793,428
68$2,112,789$0$0$854,876
69$2,275,274$0$0$921,977
70$2,452,663$0$0$995,289
71$2,646,422$0$0$1,075,427
72$2,858,169$0$0$1,163,065
73$3,089,680$0$0$1,258,947
74$3,342,915$0$0$1,363,893
75$3,620,029$0$0$1,478,804
76$3,923,397$0$0$1,604,673
77$4,255,634$0$0$1,742,594
78$4,619,619$0$0$1,893,773
79$5,018,522$0$0$2,059,534
80$5,455,836$0$0$2,241,340
81$5,935,407$0$0$2,440,800
82$6,461,471$0$0$2,659,686
83$7,038,695$0$0$2,899,951
84$7,672,216$0$0$3,163,746
85$8,367,698$0$0$3,453,440
86$9,131,375$0$0$3,771,643
87$9,970,118$0$0$4,121,231
88$10,891,495$0$0$4,505,370
89$11,903,841$0$0$4,927,550
90$13,016,340$0$0$5,391,615
91$14,239,112$0$0$5,901,801
92$15,583,301$0$0$6,462,773
93$17,061,190$0$0$7,079,673
94$18,686,308$0$0$7,758,164
95$20,473,562$0$0$8,504,487
96$22,439,375$0$0$9,325,516
97$24,601,842$0$0$10,228,828
98$26,980,901$0$0$11,222,770
99$29,598,519$0$0$12,316,537
100$32,478,899$0$0$13,520,264