Can I retire at age 43 with 460,000?

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 $460,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$37,986$37,648$37,318$36,996$36,681$36,133
2 years$18,805$18,455$18,115$17,786$17,467$16,916
3 years$12,412$12,060$11,722$11,396$11,082$10,545
4 years$9,216$8,866$8,531$8,210$7,904$7,385
5 years$7,299$6,951$6,620$6,306$6,008$5,510
6 years$6,022$5,676$5,350$5,043$4,754$4,276
7 years$5,110$4,767$4,446$4,146$3,866$3,409
8 years$4,426$4,086$3,770$3,478$3,208$2,771
9 years$3,894$3,557$3,247$2,963$2,701$2,285
10 years$3,469$3,136$2,831$2,554$2,302$1,905
11 years$3,122$2,792$2,493$2,223$1,979$1,603
12 years$2,832$2,506$2,212$1,949$1,715$1,358
13 years$2,588$2,264$1,976$1,721$1,496$1,157
14 years$2,378$2,058$1,776$1,528$1,311$991
15 years$2,197$1,880$1,603$1,363$1,154$851
16 years$2,038$1,725$1,454$1,220$1,020$734
17 years$1,898$1,589$1,323$1,096$905$635
18 years$1,774$1,468$1,207$988$804$550
19 years$1,663$1,361$1,105$893$717$478
20 years$1,563$1,264$1,014$808$640$416
21 years$1,473$1,178$933$734$573$363
22 years$1,391$1,099$860$667$514$316
23 years$1,317$1,028$794$608$461$276
24 years$1,249$963$734$554$414$242
25 years$1,186$904$680$506$373$211
26 years$1,128$850$631$463$336$185
27 years$1,075$800$586$424$303$162
28 years$1,025$753$545$388$273$142
29 years$979$711$507$356$247$125
30 years$936$671$472$327$223$110
31 years$896$635$440$300$202$96
32 years$859$600$411$276$182$84
33 years$824$569$383$253$165$74
34 years$791$539$358$233$149$65
35 years$760$511$335$215$135$57
36 years$731$485$313$198$123$50
37 years$703$461$293$182$111$44
38 years$677$438$275$168$101$39
39 years$652$416$257$155$91$34
40 years$629$396$241$143$83$30
41 years$607$377$226$132$75$27
42 years$586$359$212$122$68$23
43 years$566$342$199$112$62$21
44 years$547$326$187$104$56$18
45 years$528$311$175$96$51$16
46 years$511$297$165$88$46$14
47 years$495$283$155$82$42$12
48 years$479$270$145$75$38$11
49 years$464$258$137$70$35$10
50 years$449$247$129$64$32$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $460,000, adding $4,526 every year, while hoping to spend $41,798 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: 55/30/15 Blend
42$460,000$460,000$460,000$460,000
43$511,589$487,209$480,079$537,469
44$519,298$466,609$451,688$534,983
45$526,393$443,599$420,946$527,383
46$532,766$418,017$387,729$518,155
47$538,299$389,691$351,909$507,154
48$542,859$358,439$313,351$494,222
49$546,298$324,070$271,916$479,187
50$548,452$286,381$227,457$461,864
51$549,138$245,157$179,821$442,050
52$548,153$200,174$128,848$419,527
53$545,273$151,190$74,373$394,057
54$540,247$97,955$16,221$365,383
55$532,798$40,200$0$333,225
56$522,619$0$0$304,614
57$509,369$0$0$282,512
58$492,672$0$0$271,566
59$472,108$0$0$258,250
60$447,216$0$0$242,284
61$417,484$0$0$223,358
62$382,346$0$0$201,126
63$341,176$0$0$175,208
64$293,281$0$0$145,184
65$237,896$0$0$110,589
66$174,175$0$0$70,909
67$101,182$0$0$25,577
68$17,886$0$0$0
69$0$0$0$0
70$0$0$0$0
71$0$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0