Can I retire at age 43 with 470,000?

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 $470,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$38,812$38,466$38,129$37,800$37,478$37,103
2 years$19,214$18,856$18,509$18,173$17,847$17,468
3 years$12,682$12,323$11,977$11,644$11,323$10,953
4 years$9,417$9,058$8,716$8,389$8,076$7,718
5 years$7,458$7,102$6,764$6,443$6,139$5,794
6 years$6,153$5,799$5,466$5,153$4,857$4,526
7 years$5,221$4,870$4,543$4,236$3,950$3,632
8 years$4,522$4,175$3,852$3,554$3,277$2,973
9 years$3,979$3,635$3,318$3,027$2,760$2,469
10 years$3,545$3,204$2,893$2,609$2,352$2,074
11 years$3,190$2,852$2,547$2,271$2,022$1,758
12 years$2,894$2,560$2,260$1,992$1,753$1,500
13 years$2,644$2,314$2,019$1,759$1,528$1,289
14 years$2,430$2,103$1,814$1,561$1,340$1,112
15 years$2,244$1,921$1,638$1,392$1,180$964
16 years$2,082$1,763$1,485$1,247$1,043$838
17 years$1,939$1,623$1,351$1,120$924$731
18 years$1,813$1,500$1,234$1,009$822$639
19 years$1,699$1,390$1,129$912$733$560
20 years$1,597$1,292$1,037$826$654$492
21 years$1,505$1,203$953$750$586$432
22 years$1,422$1,123$879$682$525$381
23 years$1,346$1,050$811$621$471$336
24 years$1,276$984$750$566$423$296
25 years$1,212$924$695$517$381$262
26 years$1,153$868$645$473$343$231
27 years$1,098$817$599$433$309$205
28 years$1,048$770$556$396$279$181
29 years$1,001$726$518$364$252$161
30 years$957$686$482$334$228$142
31 years$916$648$450$306$206$126
32 years$878$613$420$282$186$112
33 years$842$581$392$259$169$99
34 years$808$551$366$238$153$88
35 years$776$522$342$219$138$78
36 years$746$496$320$202$125$69
37 years$718$471$300$186$114$62
38 years$692$447$281$172$103$55
39 years$666$425$263$158$93$49
40 years$643$405$246$146$85$43
41 years$620$385$231$135$77$38
42 years$598$367$217$124$70$34
43 years$578$350$203$115$63$30
44 years$558$333$191$106$57$27
45 years$540$318$179$98$52$24
46 years$522$303$168$90$47$21
47 years$505$289$158$83$43$19
48 years$489$276$149$77$39$17
49 years$474$264$140$71$35$15
50 years$459$252$131$66$32$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $470,000, adding $4,186 every year, while hoping to spend $32,932 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$470,000$470,000$470,000$470,000
43$522,258$497,348$490,063$560,721
44$540,489$486,679$471,441$576,012
45$559,475$474,383$451,091$588,208
46$579,260$460,346$428,921$600,683
47$599,889$444,447$404,833$613,452
48$621,410$426,557$378,728$626,532
49$643,877$406,542$350,498$639,944
50$667,347$384,256$320,034$653,709
51$691,881$359,550$287,220$667,853
52$717,546$332,261$251,935$682,403
53$744,415$302,221$214,054$697,391
54$772,565$269,249$173,445$712,852
55$802,081$233,157$129,970$728,823
56$833,055$193,744$83,486$745,350
57$865,588$150,798$33,843$762,479
58$899,786$104,096$0$780,266
59$935,770$53,402$0$802,242
60$973,666$0$0$831,780
61$1,013,614$0$0$862,925
62$1,055,767$0$0$898,895
63$1,100,291$0$0$936,896
64$1,147,367$0$0$977,081
65$1,197,192$0$0$1,019,620
66$1,249,982$0$0$1,064,699
67$1,305,973$0$0$1,112,520
68$1,365,423$0$0$1,163,304
69$1,428,613$0$0$1,217,294
70$1,495,852$0$0$1,274,753
71$1,567,478$0$0$1,335,972
72$1,643,859$0$0$1,401,268
73$1,725,400$0$0$1,470,989
74$1,812,546$0$0$1,545,515
75$1,905,782$0$0$1,625,264
76$2,005,641$0$0$1,710,693
77$2,112,708$0$0$1,802,306
78$2,227,625$0$0$1,900,652
79$2,351,095$0$0$2,006,337
80$2,483,890$0$0$2,120,023
81$2,626,860$0$0$2,242,441
82$2,780,935$0$0$2,374,390
83$2,947,140$0$0$2,516,749
84$3,126,598$0$0$2,670,484
85$3,320,544$0$0$2,836,656
86$3,530,336$0$0$3,016,432
87$3,757,466$0$0$3,211,094
88$4,003,575$0$0$3,422,052
89$4,270,468$0$0$3,650,855
90$4,560,126$0$0$3,899,208
91$4,874,734$0$0$4,168,986
92$5,216,689$0$0$4,462,252
93$5,588,633$0$0$4,781,273
94$5,993,471$0$0$5,128,547
95$6,434,398$0$0$5,506,819
96$6,914,932$0$0$5,919,113
97$7,438,943$0$0$6,368,754
98$8,010,692$0$0$6,859,405
99$8,634,868$0$0$7,395,095
100$9,316,634$0$0$7,980,260