Can I retire at age 43 with 480,000?

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 $480,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$39,638$39,285$38,940$38,604$38,276$37,987
2 years$19,623$19,257$18,903$18,560$18,227$17,935
3 years$12,952$12,585$12,232$11,891$11,564$11,279
4 years$9,617$9,251$8,901$8,567$8,247$7,972
5 years$7,617$7,253$6,908$6,580$6,269$6,003
6 years$6,284$5,923$5,583$5,262$4,961$4,705
7 years$5,332$4,974$4,639$4,326$4,034$3,788
8 years$4,618$4,264$3,934$3,629$3,347$3,111
9 years$4,064$3,712$3,389$3,091$2,819$2,593
10 years$3,620$3,272$2,954$2,665$2,402$2,186
11 years$3,257$2,913$2,601$2,319$2,065$1,859
12 years$2,955$2,614$2,308$2,034$1,790$1,593
13 years$2,700$2,363$2,062$1,796$1,561$1,374
14 years$2,481$2,148$1,853$1,594$1,368$1,190
15 years$2,292$1,962$1,673$1,422$1,205$1,036
16 years$2,127$1,800$1,517$1,273$1,065$904
17 years$1,981$1,658$1,380$1,144$944$792
18 years$1,851$1,532$1,260$1,031$839$695
19 years$1,735$1,420$1,153$931$748$612
20 years$1,631$1,319$1,059$844$668$540
21 years$1,537$1,229$974$766$598$477
22 years$1,452$1,147$897$696$536$422
23 years$1,374$1,073$829$634$481$373
24 years$1,303$1,005$766$578$433$331
25 years$1,238$943$710$528$389$294
26 years$1,177$887$658$483$351$261
27 years$1,121$834$611$442$316$232
28 years$1,070$786$568$405$285$206
29 years$1,022$742$529$371$258$184
30 years$977$700$493$341$233$164
31 years$935$662$459$313$210$146
32 years$896$627$428$288$190$130
33 years$860$593$400$265$172$116
34 years$825$562$374$243$156$103
35 years$793$533$349$224$141$92
36 years$762$506$327$206$128$82
37 years$734$481$306$190$116$73
38 years$706$457$287$175$105$66
39 years$681$435$268$162$95$59
40 years$656$413$252$149$86$52
41 years$633$394$236$137$78$47
42 years$611$375$221$127$71$42
43 years$590$357$208$117$65$37
44 years$570$340$195$108$59$33
45 years$551$325$183$100$53$30
46 years$533$310$172$92$48$27
47 years$516$295$162$85$44$24
48 years$500$282$152$79$40$21
49 years$484$269$143$73$36$19
50 years$469$257$134$67$33$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $480,000, adding $6,578 every year, while hoping to spend $21,038 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: 58/30/12 Blend
42$480,000$480,000$480,000$480,000
43$535,745$510,305$502,865$564,857
44$568,007$512,926$497,327$587,887
45$602,854$514,970$490,898$610,061
46$640,529$516,387$483,526$633,729
47$681,296$517,123$475,158$659,038
48$725,447$517,121$465,735$686,149
49$773,304$516,321$455,198$715,240
50$825,218$514,658$443,484$746,510
51$881,579$512,065$430,529$780,177
52$942,812$508,468$416,264$816,482
53$1,009,388$503,792$400,618$855,693
54$1,081,822$497,954$383,515$898,104
55$1,160,682$490,869$364,878$944,042
56$1,246,595$482,444$344,624$993,869
57$1,340,248$472,584$322,669$1,047,982
58$1,442,398$461,186$298,924$1,106,822
59$1,553,879$448,140$273,294$1,170,877
60$1,675,608$433,333$245,683$1,240,685
61$1,808,596$416,642$215,989$1,316,840
62$1,953,954$397,938$184,105$1,399,999
63$2,112,906$377,086$149,922$1,490,889
64$2,286,800$353,940$113,321$1,590,311
65$2,477,120$328,350$74,184$1,699,151
66$2,685,500$300,153$32,383$1,818,387
67$2,913,740$269,180$0$1,949,100
68$3,163,821$235,249$0$2,094,047
69$3,437,927$198,173$0$2,257,508
70$3,738,460$157,748$0$2,436,804
71$4,068,069$113,763$0$2,633,562
72$4,429,668$65,994$0$2,849,574
73$4,826,470$14,204$0$3,086,818
74$5,262,013$0$0$3,347,477
75$5,740,194$0$0$3,647,777
76$6,265,305$0$0$3,982,741
77$6,842,074$0$0$4,350,703
78$7,475,712$0$0$4,754,991
79$8,171,958$0$0$5,199,273
80$8,937,132$0$0$5,687,588
81$9,778,201$0$0$6,224,389
82$10,702,837$0$0$6,814,578
83$11,719,495$0$0$7,463,558
84$12,837,489$0$0$8,177,282
85$14,067,080$0$0$8,962,308
86$15,419,574$0$0$9,825,861
87$16,907,430$0$0$10,775,902
88$18,544,370$0$0$11,821,204
89$20,345,519$0$0$12,971,430
90$22,327,538$0$0$14,237,230
91$24,508,786$0$0$15,630,337
92$26,909,493$0$0$17,163,680
93$29,551,947$0$0$18,851,503
94$32,460,709$0$0$20,709,505
95$35,662,839$0$0$22,754,979
96$39,188,159$0$0$25,006,985
97$43,069,523$0$0$27,486,521
98$47,343,138$0$0$30,216,728
99$52,048,899$0$0$33,223,104
100$57,230,765$0$0$36,533,745