Can I retire at age 43 with 430,000?

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 $430,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19%
1 years$35,509$35,193$34,884$34,583$34,289$33,046
2 years$17,579$17,251$16,934$16,626$16,328$15,089
3 years$11,603$11,274$10,957$10,653$10,359$9,164
4 years$8,615$8,288$7,974$7,675$7,388$6,245
5 years$6,823$6,498$6,188$5,895$5,616$4,529
6 years$5,629$5,306$5,001$4,714$4,444$3,413
7 years$4,776$4,456$4,156$3,876$3,614$2,639
8 years$4,137$3,819$3,525$3,251$2,998$2,078
9 years$3,640$3,325$3,036$2,769$2,525$1,659
10 years$3,243$2,931$2,647$2,387$2,151$1,337
11 years$2,918$2,610$2,330$2,078$1,850$1,087
12 years$2,648$2,342$2,068$1,822$1,603$889
13 years$2,419$2,117$1,847$1,609$1,398$730
14 years$2,223$1,924$1,660$1,428$1,226$603
15 years$2,053$1,758$1,499$1,274$1,079$499
16 years$1,905$1,613$1,359$1,140$954$414
17 years$1,774$1,485$1,236$1,025$846$344
18 years$1,658$1,372$1,129$923$752$287
19 years$1,555$1,272$1,033$834$670$239
20 years$1,461$1,182$948$756$599$200
21 years$1,377$1,101$872$686$536$167
22 years$1,301$1,028$804$624$480$140
23 years$1,231$961$742$568$431$117
24 years$1,167$900$686$518$387$98
25 years$1,109$845$636$473$349$82
26 years$1,055$794$590$433$314$69
27 years$1,005$747$548$396$283$58
28 years$958$704$509$363$255$49
29 years$915$664$474$333$231$41
30 years$875$627$441$305$208$34
31 years$838$593$411$280$188$29
32 years$803$561$384$258$170$24
33 years$770$532$358$237$154$20
34 years$739$504$335$218$140$17
35 years$710$478$313$201$127$14
36 years$683$454$293$185$115$12
37 years$657$431$274$170$104$10
38 years$633$409$257$157$94$8
39 years$610$389$240$145$85$7
40 years$588$370$225$133$77$6
41 years$567$353$211$123$70$5
42 years$547$336$198$114$64$4
43 years$529$320$186$105$58$4
44 years$511$305$175$97$53$3
45 years$494$291$164$89$48$3
46 years$478$277$154$83$43$2
47 years$462$265$145$76$39$2
48 years$447$253$136$71$36$1
49 years$433$241$128$65$32$1
50 years$420$231$120$60$29$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $430,000, adding $4,731 every year, while hoping to spend $31,887 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: 78/5/17 Blend
42$430,000$430,000$430,000$430,000
43$478,740$455,950$449,285$513,929
44$493,644$444,364$430,409$526,220
45$508,999$431,142$409,831$535,204
46$524,819$416,169$387,462$544,182
47$541,115$399,326$363,206$553,144
48$557,900$380,484$336,965$562,076
49$575,187$359,509$308,635$570,964
50$592,989$336,258$278,107$579,793
51$611,320$310,581$245,270$588,546
52$630,194$282,318$210,005$597,207
53$649,622$251,300$172,189$605,756
54$669,619$217,350$131,693$614,173
55$690,199$180,279$88,383$622,437
56$711,375$139,888$42,119$630,524
57$733,160$95,967$0$638,408
58$755,567$48,295$0$647,380
59$778,610$0$0$664,332
60$802,302$0$0$681,801
61$826,656$0$0$702,487
62$851,682$0$0$723,745
63$877,394$0$0$745,583
64$903,801$0$0$768,012
65$930,915$0$0$791,039
66$958,745$0$0$814,672
67$987,299$0$0$838,919
68$1,016,585$0$0$863,786
69$1,046,608$0$0$889,276
70$1,077,372$0$0$915,394
71$1,108,882$0$0$942,142
72$1,141,136$0$0$969,520
73$1,174,133$0$0$997,525
74$1,207,868$0$0$1,026,154
75$1,242,335$0$0$1,055,399
76$1,277,522$0$0$1,085,252
77$1,313,416$0$0$1,115,700
78$1,349,996$0$0$1,146,725
79$1,387,239$0$0$1,178,308
80$1,425,118$0$0$1,210,422
81$1,463,595$0$0$1,243,037
82$1,502,631$0$0$1,276,118
83$1,542,175$0$0$1,309,621
84$1,582,171$0$0$1,343,496
85$1,622,551$0$0$1,377,686
86$1,663,238$0$0$1,412,124
87$1,704,144$0$0$1,446,733
88$1,745,166$0$0$1,481,425
89$1,786,190$0$0$1,516,100
90$1,827,083$0$0$1,550,644
91$1,867,697$0$0$1,584,928
92$1,907,861$0$0$1,618,808
93$1,947,387$0$0$1,652,117
94$1,986,060$0$0$1,684,673
95$2,023,638$0$0$1,716,266
96$2,059,852$0$0$1,746,664
97$2,094,399$0$0$1,775,606
98$2,126,939$0$0$1,802,800
99$2,157,094$0$0$1,827,919
100$2,184,441$0$0$1,850,599