Can I retire at age 43 with 450,000?

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 $450,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$37,161$36,830$36,507$36,191$35,884$35,045
2 years$18,396$18,054$17,722$17,400$17,087$16,247
3 years$12,142$11,798$11,467$11,148$10,841$10,025
4 years$9,016$8,673$8,345$8,032$7,732$6,947
5 years$7,141$6,800$6,476$6,169$5,878$5,126
6 years$5,891$5,552$5,234$4,933$4,651$3,933
7 years$4,999$4,663$4,349$4,056$3,782$3,099
8 years$4,330$3,997$3,688$3,403$3,138$2,488
9 years$3,810$3,480$3,177$2,898$2,642$2,026
10 years$3,394$3,068$2,770$2,498$2,252$1,668
11 years$3,054$2,731$2,438$2,174$1,936$1,385
12 years$2,771$2,451$2,164$1,907$1,678$1,157
13 years$2,531$2,215$1,933$1,684$1,463$972
14 years$2,326$2,013$1,737$1,495$1,283$821
15 years$2,149$1,839$1,568$1,333$1,129$695
16 years$1,994$1,688$1,422$1,193$998$591
17 years$1,857$1,554$1,294$1,072$885$503
18 years$1,735$1,436$1,181$966$787$430
19 years$1,627$1,331$1,081$873$701$368
20 years$1,529$1,237$992$791$627$315
21 years$1,441$1,152$913$718$561$270
22 years$1,361$1,075$841$653$503$232
23 years$1,288$1,006$777$594$451$199
24 years$1,222$942$718$542$405$171
25 years$1,160$884$665$495$365$147
26 years$1,104$831$617$453$329$127
27 years$1,051$782$573$414$296$109
28 years$1,003$737$533$380$267$94
29 years$958$695$496$348$241$81
30 years$916$657$462$319$218$70
31 years$877$621$430$293$197$61
32 years$840$587$402$270$178$52
33 years$806$556$375$248$161$45
34 years$774$527$350$228$146$39
35 years$743$500$328$210$132$34
36 years$715$475$306$193$120$29
37 years$688$451$287$178$109$25
38 years$662$428$269$164$99$22
39 years$638$407$252$151$89$19
40 years$615$388$236$140$81$16
41 years$594$369$221$129$74$14
42 years$573$351$207$119$67$12
43 years$553$335$195$110$61$10
44 years$535$319$183$101$55$9
45 years$517$304$172$94$50$8
46 years$500$290$161$86$45$7
47 years$484$277$151$80$41$6
48 years$468$264$142$74$37$5
49 years$454$253$134$68$34$4
50 years$439$241$126$63$31$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $450,000, adding $6,244 every year, while hoping to spend $30,538 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: 54/29/17 Blend
42$450,000$450,000$450,000$450,000
43$502,341$478,491$471,516$526,855
44$521,087$469,445$454,819$535,244
45$540,722$458,932$436,540$540,596
46$561,305$446,848$416,593$545,742
47$582,897$433,083$394,888$550,673
48$605,569$417,520$371,333$555,375
49$629,395$400,036$345,830$559,841
50$654,455$380,500$318,278$564,060
51$680,839$358,775$288,570$568,024
52$708,643$334,712$256,595$571,727
53$737,971$308,159$222,237$575,163
54$768,937$278,952$185,375$578,331
55$801,666$246,918$145,882$581,228
56$836,293$211,875$103,627$583,858
57$872,968$173,630$58,472$586,225
58$911,852$131,979$10,271$588,340
59$953,122$86,707$0$590,215
60$996,971$37,587$0$599,337
61$1,043,613$0$0$610,737
62$1,093,277$0$0$627,595
63$1,146,219$0$0$658,375
64$1,202,716$0$0$691,248
65$1,263,072$0$0$726,394
66$1,327,621$0$0$764,011
67$1,396,730$0$0$804,316
68$1,470,799$0$0$847,547
69$1,550,268$0$0$893,966
70$1,635,621$0$0$943,858
71$1,727,388$0$0$997,538
72$1,826,150$0$0$1,055,352
73$1,932,546$0$0$1,117,678
74$2,047,279$0$0$1,184,935
75$2,171,120$0$0$1,257,580
76$2,304,916$0$0$1,336,115
77$2,449,598$0$0$1,421,094
78$2,606,188$0$0$1,513,125
79$2,775,814$0$0$1,612,875
80$2,959,710$0$0$1,721,082
81$3,159,238$0$0$1,838,551
82$3,375,894$0$0$1,966,173
83$3,611,322$0$0$2,104,924
84$3,867,333$0$0$2,255,882
85$4,145,919$0$0$2,420,230
86$4,449,270$0$0$2,599,270
87$4,779,797$0$0$2,794,436
88$5,140,155$0$0$3,007,305
89$5,533,262$0$0$3,239,613
90$5,962,335$0$0$3,493,272
91$6,430,910$0$0$3,770,386
92$6,942,882$0$0$4,073,270
93$7,502,541$0$0$4,404,475
94$8,114,606$0$0$4,766,809
95$8,784,277$0$0$5,163,362
96$9,517,277$0$0$5,597,540
97$10,319,907$0$0$6,073,091
98$11,199,111$0$0$6,594,143
99$12,162,530$0$0$7,165,242
100$13,218,582$0$0$7,791,396