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%16.2%
1 years$35,509$35,193$34,884$34,583$34,289$33,419
2 years$17,579$17,251$16,934$16,626$16,328$15,458
3 years$11,603$11,274$10,957$10,653$10,359$9,515
4 years$8,615$8,288$7,974$7,675$7,388$6,577
5 years$6,823$6,498$6,188$5,895$5,616$4,840
6 years$5,629$5,306$5,001$4,714$4,444$3,704
7 years$4,776$4,456$4,156$3,876$3,614$2,910
8 years$4,137$3,819$3,525$3,251$2,998$2,330
9 years$3,640$3,325$3,036$2,769$2,525$1,891
10 years$3,243$2,931$2,647$2,387$2,151$1,552
11 years$2,918$2,610$2,330$2,078$1,850$1,284
12 years$2,648$2,342$2,068$1,822$1,603$1,070
13 years$2,419$2,117$1,847$1,609$1,398$896
14 years$2,223$1,924$1,660$1,428$1,226$754
15 years$2,053$1,758$1,499$1,274$1,079$636
16 years$1,905$1,613$1,359$1,140$954$539
17 years$1,774$1,485$1,236$1,025$846$457
18 years$1,658$1,372$1,129$923$752$389
19 years$1,555$1,272$1,033$834$670$331
20 years$1,461$1,182$948$756$599$283
21 years$1,377$1,101$872$686$536$242
22 years$1,301$1,028$804$624$480$207
23 years$1,231$961$742$568$431$177
24 years$1,167$900$686$518$387$152
25 years$1,109$845$636$473$349$130
26 years$1,055$794$590$433$314$111
27 years$1,005$747$548$396$283$96
28 years$958$704$509$363$255$82
29 years$915$664$474$333$231$70
30 years$875$627$441$305$208$61
31 years$838$593$411$280$188$52
32 years$803$561$384$258$170$45
33 years$770$532$358$237$154$38
34 years$739$504$335$218$140$33
35 years$710$478$313$201$127$28
36 years$683$454$293$185$115$24
37 years$657$431$274$170$104$21
38 years$633$409$257$157$94$18
39 years$610$389$240$145$85$16
40 years$588$370$225$133$77$13
41 years$567$353$211$123$70$12
42 years$547$336$198$114$64$10
43 years$529$320$186$105$58$9
44 years$511$305$175$97$53$7
45 years$494$291$164$89$48$6
46 years$478$277$154$83$43$5
47 years$462$265$145$76$39$5
48 years$447$253$136$71$36$4
49 years$433$241$128$65$32$3
50 years$420$231$120$60$29$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $430,000, adding $6,825 every year, while hoping to spend $28,823 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: 52/31/17 Blend
42$430,000$430,000$430,000$430,000
43$480,900$458,110$451,445$503,344
44$499,284$449,890$435,901$511,262
45$518,578$440,301$418,870$516,279
46$538,843$429,246$400,272$521,103
47$560,147$416,621$380,024$525,724
48$582,564$402,318$358,037$530,134
49$606,174$386,220$334,219$534,325
50$631,064$368,205$308,476$538,290
51$657,329$348,143$280,706$542,024
52$685,073$325,899$250,807$545,525
53$714,409$301,326$218,667$548,789
54$745,460$274,273$184,174$551,819
55$778,361$244,576$147,208$554,618
56$813,260$212,066$107,644$557,194
57$850,316$176,561$65,354$559,556
58$889,706$137,870$20,202$561,720
59$931,623$95,792$0$563,706
60$976,277$50,115$0$570,616
61$1,023,899$612$0$581,646
62$1,074,741$0$0$593,196
63$1,129,082$0$0$623,405
64$1,187,224$0$0$655,979
65$1,249,499$0$0$690,899
66$1,316,275$0$0$728,373
67$1,387,950$0$0$768,629
68$1,464,964$0$0$811,920
69$1,547,801$0$0$858,520
70$1,636,989$0$0$908,733
71$1,733,111$0$0$962,891
72$1,836,805$0$0$1,021,359
73$1,948,774$0$0$1,084,539
74$2,069,789$0$0$1,152,872
75$2,200,698$0$0$1,226,842
76$2,342,434$0$0$1,306,983
77$2,496,020$0$0$1,393,882
78$2,662,584$0$0$1,488,182
79$2,843,365$0$0$1,590,592
80$3,039,724$0$0$1,701,893
81$3,253,162$0$0$1,822,942
82$3,485,328$0$0$1,954,683
83$3,738,035$0$0$2,098,154
84$4,013,280$0$0$2,254,498
85$4,313,260$0$0$2,424,972
86$4,640,393$0$0$2,610,961
87$4,997,339$0$0$2,813,988
88$5,387,028$0$0$3,035,731
89$5,812,685$0$0$3,278,034
90$6,277,858$0$0$3,542,932
91$6,786,455$0$0$3,832,661
92$7,342,779$0$0$4,149,685
93$7,951,568$0$0$4,496,717
94$8,618,037$0$0$4,876,746
95$9,347,932$0$0$5,293,060
96$10,147,578$0$0$5,749,283
97$11,023,942$0$0$6,249,406
98$11,984,696$0$0$6,797,822
99$13,038,292$0$0$7,399,373
100$14,194,035$0$0$8,059,389