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%11.1%
1 years$40,464$40,103$39,752$39,408$39,073$38,892
2 years$20,032$19,658$19,297$18,946$18,606$18,424
3 years$13,222$12,847$12,486$12,139$11,805$11,626
4 years$9,817$9,444$9,087$8,746$8,419$8,246
5 years$7,775$7,404$7,052$6,717$6,400$6,233
6 years$6,415$6,046$5,699$5,372$5,064$4,903
7 years$5,443$5,077$4,736$4,417$4,119$3,963
8 years$4,714$4,352$4,016$3,705$3,417$3,268
9 years$4,148$3,789$3,459$3,156$2,877$2,734
10 years$3,695$3,340$3,016$2,720$2,452$2,315
11 years$3,325$2,974$2,655$2,368$2,109$1,977
12 years$3,017$2,669$2,356$2,077$1,827$1,702
13 years$2,756$2,412$2,105$1,833$1,593$1,474
14 years$2,533$2,192$1,892$1,627$1,397$1,283
15 years$2,340$2,003$1,708$1,451$1,230$1,121
16 years$2,171$1,838$1,548$1,300$1,087$984
17 years$2,022$1,692$1,409$1,168$964$866
18 years$1,890$1,564$1,286$1,052$857$764
19 years$1,772$1,449$1,177$951$764$676
20 years$1,665$1,347$1,081$861$682$599
21 years$1,569$1,254$994$782$610$532
22 years$1,482$1,171$916$711$547$473
23 years$1,403$1,095$846$647$491$421
24 years$1,330$1,026$782$590$442$375
25 years$1,263$963$725$539$397$335
26 years$1,202$905$672$493$358$299
27 years$1,145$852$624$451$323$267
28 years$1,092$803$580$413$291$239
29 years$1,043$757$540$379$263$214
30 years$997$715$503$348$238$192
31 years$955$676$469$319$215$172
32 years$915$640$437$294$194$154
33 years$878$606$408$270$176$138
34 years$842$574$382$248$159$124
35 years$809$544$357$229$144$111
36 years$778$517$334$211$131$100
37 years$749$491$312$194$118$90
38 years$721$466$292$179$107$81
39 years$695$444$274$165$97$72
40 years$670$422$257$152$88$65
41 years$646$402$241$140$80$58
42 years$624$383$226$130$73$53
43 years$603$365$212$120$66$47
44 years$582$347$199$110$60$42
45 years$563$331$187$102$54$38
46 years$544$316$175$94$49$34
47 years$527$302$165$87$45$31
48 years$510$288$155$80$41$28
49 years$494$275$146$74$37$25
50 years$478$263$137$69$34$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $490,000, adding $2,277 every year, while hoping to spend $57,779 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: 77/9/14 Blend
42$490,000$490,000$490,000$490,000
43$542,329$516,359$508,764$582,344
44$536,170$480,184$464,331$572,868
45$527,446$440,300$416,473$554,945
46$515,835$396,464$365,014$533,684
47$500,980$348,420$309,772$508,730
48$482,483$295,897$250,553$479,694
49$459,908$238,607$187,158$446,149
50$432,769$176,249$119,378$407,624
51$400,529$108,503$46,995$363,603
52$362,595$35,031$0$313,516
53$318,309$0$0$261,258
54$266,947$0$0$213,818
55$207,704$0$0$163,148
56$139,695$0$0$105,028
57$61,940$0$0$38,623
58$0$0$0$0
59$0$0$0$0
60$0$0$0$0
61$0$0$0$0
62$0$0$0$0
63$0$0$0$0
64$0$0$0$0
65$0$0$0$0
66$0$0$0$0
67$0$0$0$0
68$0$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