Can I retire at age 43 with 490,000?

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 $490,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$40,464$40,103$39,752$39,408$39,073$37,568
2 years$20,032$19,658$19,297$18,946$18,606$17,107
3 years$13,222$12,847$12,486$12,139$11,805$10,359
4 years$9,817$9,444$9,087$8,746$8,419$7,039
5 years$7,775$7,404$7,052$6,717$6,400$5,088
6 years$6,415$6,046$5,699$5,372$5,064$3,822
7 years$5,443$5,077$4,736$4,417$4,119$2,945
8 years$4,714$4,352$4,016$3,705$3,417$2,311
9 years$4,148$3,789$3,459$3,156$2,877$1,838
10 years$3,695$3,340$3,016$2,720$2,452$1,476
11 years$3,325$2,974$2,655$2,368$2,109$1,195
12 years$3,017$2,669$2,356$2,077$1,827$973
13 years$2,756$2,412$2,105$1,833$1,593$796
14 years$2,533$2,192$1,892$1,627$1,397$654
15 years$2,340$2,003$1,708$1,451$1,230$539
16 years$2,171$1,838$1,548$1,300$1,087$446
17 years$2,022$1,692$1,409$1,168$964$369
18 years$1,890$1,564$1,286$1,052$857$306
19 years$1,772$1,449$1,177$951$764$254
20 years$1,665$1,347$1,081$861$682$211
21 years$1,569$1,254$994$782$610$176
22 years$1,482$1,171$916$711$547$146
23 years$1,403$1,095$846$647$491$122
24 years$1,330$1,026$782$590$442$102
25 years$1,263$963$725$539$397$85
26 years$1,202$905$672$493$358$71
27 years$1,145$852$624$451$323$59
28 years$1,092$803$580$413$291$49
29 years$1,043$757$540$379$263$41
30 years$997$715$503$348$238$34
31 years$955$676$469$319$215$29
32 years$915$640$437$294$194$24
33 years$878$606$408$270$176$20
34 years$842$574$382$248$159$17
35 years$809$544$357$229$144$14
36 years$778$517$334$211$131$12
37 years$749$491$312$194$118$10
38 years$721$466$292$179$107$8
39 years$695$444$274$165$97$7
40 years$670$422$257$152$88$6
41 years$646$402$241$140$80$5
42 years$624$383$226$130$73$4
43 years$603$365$212$120$66$3
44 years$582$347$199$110$60$3
45 years$563$331$187$102$54$2
46 years$544$316$175$94$49$2
47 years$527$302$165$87$45$2
48 years$510$288$155$80$41$1
49 years$494$275$146$74$37$1
50 years$478$263$137$69$34$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $490,000, adding $3,149 every year, while hoping to spend $27,434 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: 77/17/6 Blend
42$490,000$490,000$490,000$490,000
43$543,228$517,258$509,663$584,509
44$569,448$513,414$497,547$608,204
45$597,423$508,463$484,106$630,307
46$627,302$502,320$469,266$653,729
47$659,251$494,898$452,951$678,591
48$693,450$486,103$435,080$705,023
49$730,096$475,836$415,569$733,170
50$769,406$463,992$394,331$763,193
51$811,619$450,461$371,274$795,268
52$856,994$435,124$346,302$829,589
53$905,820$417,857$319,316$866,371
54$958,410$398,529$290,209$905,853
55$1,015,111$377,000$258,874$948,294
56$1,076,302$353,122$225,196$993,986
57$1,142,400$326,741$189,056$1,043,246
58$1,213,864$297,690$150,328$1,096,426
59$1,291,198$265,797$108,884$1,153,916
60$1,374,956$230,877$64,588$1,216,144
61$1,465,747$192,736$17,297$1,283,584
62$1,564,242$151,168$0$1,356,758
63$1,671,175$105,956$0$1,438,368
64$1,787,358$56,871$0$1,528,245
65$1,913,683$3,671$0$1,625,995
66$2,051,129$0$0$1,732,405
67$2,200,775$0$0$1,858,423
68$2,363,808$0$0$1,996,479
69$2,541,536$0$0$2,146,995
70$2,735,395$0$0$2,311,190
71$2,946,969$0$0$2,490,407
72$3,177,998$0$0$2,686,123
73$3,430,402$0$0$2,899,966
74$3,706,291$0$0$3,133,726
75$4,007,989$0$0$3,389,376
76$4,338,055$0$0$3,669,086
77$4,699,307$0$0$3,975,247
78$5,094,849$0$0$4,310,492
79$5,528,096$0$0$4,677,720
80$6,002,812$0$0$5,080,123
81$6,523,141$0$0$5,521,218
82$7,093,646$0$0$6,004,876
83$7,719,356$0$0$6,535,363
84$8,405,806$0$0$7,117,376
85$9,159,094$0$0$7,756,090
86$9,985,939$0$0$8,457,204
87$10,893,739$0$0$9,226,997
88$11,890,646$0$0$10,072,384
89$12,985,638$0$0$11,000,983
90$14,188,607$0$0$12,021,188
91$15,510,450$0$0$13,142,244
92$16,963,170$0$0$14,374,338
93$18,559,994$0$0$15,728,689
94$20,315,491$0$0$17,217,662
95$22,245,713$0$0$18,854,877
96$24,368,347$0$0$20,655,339
97$26,702,876$0$0$22,635,582
98$29,270,770$0$0$24,813,822
99$32,095,682$0$0$27,210,129
100$35,203,672$0$0$29,846,616