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%17.7%
1 years$37,986$37,648$37,318$36,996$36,681$35,535
2 years$18,805$18,455$18,115$17,786$17,467$16,323
3 years$12,412$12,060$11,722$11,396$11,082$9,975
4 years$9,216$8,866$8,531$8,210$7,904$6,843
5 years$7,299$6,951$6,620$6,306$6,008$4,997
6 years$6,022$5,676$5,350$5,043$4,754$3,792
7 years$5,110$4,767$4,446$4,146$3,866$2,954
8 years$4,426$4,086$3,770$3,478$3,208$2,344
9 years$3,894$3,557$3,247$2,963$2,701$1,886
10 years$3,469$3,136$2,831$2,554$2,302$1,533
11 years$3,122$2,792$2,493$2,223$1,979$1,257
12 years$2,832$2,506$2,212$1,949$1,715$1,036
13 years$2,588$2,264$1,976$1,721$1,496$859
14 years$2,378$2,058$1,776$1,528$1,311$715
15 years$2,197$1,880$1,603$1,363$1,154$598
16 years$2,038$1,725$1,454$1,220$1,020$501
17 years$1,898$1,589$1,323$1,096$905$420
18 years$1,774$1,468$1,207$988$804$354
19 years$1,663$1,361$1,105$893$717$298
20 years$1,563$1,264$1,014$808$640$251
21 years$1,473$1,178$933$734$573$212
22 years$1,391$1,099$860$667$514$179
23 years$1,317$1,028$794$608$461$152
24 years$1,249$963$734$554$414$128
25 years$1,186$904$680$506$373$109
26 years$1,128$850$631$463$336$92
27 years$1,075$800$586$424$303$78
28 years$1,025$753$545$388$273$66
29 years$979$711$507$356$247$56
30 years$936$671$472$327$223$48
31 years$896$635$440$300$202$40
32 years$859$600$411$276$182$34
33 years$824$569$383$253$165$29
34 years$791$539$358$233$149$25
35 years$760$511$335$215$135$21
36 years$731$485$313$198$123$18
37 years$703$461$293$182$111$15
38 years$677$438$275$168$101$13
39 years$652$416$257$155$91$11
40 years$629$396$241$143$83$9
41 years$607$377$226$132$75$8
42 years$586$359$212$122$68$7
43 years$566$342$199$112$62$6
44 years$547$326$187$104$56$5
45 years$528$311$175$96$51$4
46 years$511$297$165$88$46$3
47 years$495$283$155$82$42$3
48 years$479$270$145$75$38$3
49 years$464$258$137$70$35$2
50 years$449$247$129$64$32$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $460,000, adding $5,689 every year, while hoping to spend $30,876 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: 55/33/12 Blend
42$460,000$460,000$460,000$460,000
43$512,788$488,408$481,278$539,114
44$532,241$479,488$464,549$548,695
45$552,643$469,097$446,225$555,270
46$574,058$457,128$426,219$561,707
47$596,557$443,472$404,443$568,000
48$620,215$428,012$380,801$574,141
49$645,114$410,622$355,195$580,127
50$671,345$391,172$327,523$585,953
51$699,005$369,522$297,678$591,616
52$728,201$345,525$265,547$597,118
53$759,048$319,027$231,014$602,460
54$791,673$289,862$193,955$607,647
55$826,216$257,857$154,244$612,686
56$862,826$222,827$111,748$617,590
57$901,669$184,581$66,326$622,374
58$942,925$142,911$17,834$627,059
59$986,791$97,602$0$631,670
60$1,033,485$48,425$0$640,583
61$1,083,241$0$0$652,213
62$1,136,319$0$0$666,108
63$1,193,003$0$0$699,752
64$1,253,603$0$0$735,747
65$1,318,460$0$0$774,299
66$1,387,947$0$0$815,633
67$1,462,475$0$0$859,998
68$1,542,493$0$0$907,665
69$1,628,494$0$0$958,932
70$1,721,021$0$0$1,014,128
71$1,820,667$0$0$1,073,610
72$1,928,087$0$0$1,137,776
73$2,043,997$0$0$1,207,057
74$2,169,186$0$0$1,281,933
75$2,304,521$0$0$1,362,925
76$2,450,953$0$0$1,450,612
77$2,609,530$0$0$1,545,626
78$2,781,402$0$0$1,648,663
79$2,967,834$0$0$1,760,489
80$3,170,218$0$0$1,881,947
81$3,390,085$0$0$2,013,964
82$3,629,118$0$0$2,157,557
83$3,889,170$0$0$2,313,850
84$4,172,278$0$0$2,484,076
85$4,480,685$0$0$2,669,592
86$4,816,859$0$0$2,871,893
87$5,183,516$0$0$3,092,625
88$5,583,646$0$0$3,333,596
89$6,020,537$0$0$3,596,801
90$6,497,814$0$0$3,884,432
91$7,019,463$0$0$4,198,906
92$7,589,874$0$0$4,542,881
93$8,213,882$0$0$4,919,286
94$8,896,809$0$0$5,331,345
95$9,644,515$0$0$5,782,608
96$10,463,455$0$0$6,276,985
97$11,360,735$0$0$6,818,782
98$12,344,184$0$0$7,412,741
99$13,422,420$0$0$8,064,084
100$14,604,939$0$0$8,778,565