Can I retire at age 43 with 520,000?

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 $520,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$42,941$42,559$42,185$41,821$41,466$40,728
2 years$21,258$20,862$20,478$20,106$19,745$19,005
3 years$14,031$13,634$13,251$12,882$12,527$11,807
4 years$10,419$10,022$9,643$9,281$8,935$8,240
5 years$8,251$7,857$7,484$7,129$6,792$6,125
6 years$6,807$6,416$6,048$5,701$5,374$4,736
7 years$5,776$5,388$5,026$4,687$4,371$3,761
8 years$5,003$4,619$4,262$3,932$3,626$3,044
9 years$4,402$4,021$3,671$3,349$3,054$2,500
10 years$3,922$3,545$3,201$2,887$2,602$2,076
11 years$3,529$3,156$2,818$2,512$2,238$1,738
12 years$3,202$2,832$2,501$2,204$1,939$1,466
13 years$2,925$2,560$2,234$1,946$1,691$1,244
14 years$2,688$2,327$2,007$1,727$1,482$1,060
15 years$2,483$2,125$1,812$1,540$1,305$906
16 years$2,304$1,950$1,643$1,379$1,153$778
17 years$2,146$1,796$1,495$1,239$1,023$669
18 years$2,005$1,660$1,365$1,117$909$577
19 years$1,880$1,538$1,250$1,009$811$499
20 years$1,767$1,429$1,147$914$724$432
21 years$1,665$1,331$1,055$829$648$374
22 years$1,573$1,243$972$754$581$325
23 years$1,489$1,162$898$687$521$282
24 years$1,412$1,089$830$626$469$246
25 years$1,341$1,022$769$572$422$214
26 years$1,275$960$713$523$380$186
27 years$1,215$904$662$479$342$162
28 years$1,159$852$616$439$309$141
29 years$1,107$804$573$402$279$123
30 years$1,058$759$534$369$252$108
31 years$1,013$717$497$339$228$94
32 years$971$679$464$312$206$82
33 years$931$643$433$287$187$72
34 years$894$609$405$264$169$63
35 years$859$578$379$243$153$55
36 years$826$548$354$224$139$48
37 years$795$521$331$206$126$42
38 years$765$495$310$190$114$36
39 years$737$471$291$175$103$32
40 years$711$448$273$161$94$28
41 years$686$426$256$149$85$24
42 years$662$406$240$137$77$21
43 years$639$387$225$127$70$19
44 years$618$369$211$117$64$16
45 years$597$352$198$108$58$14
46 years$578$335$186$100$52$12
47 years$559$320$175$92$48$11
48 years$541$306$164$85$43$10
49 years$524$292$155$79$39$8
50 years$508$279$145$73$36$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $520,000, adding $2,806 every year, while hoping to spend $37,317 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: 82/6/12 Blend
42$520,000$520,000$520,000$520,000
43$575,934$548,374$540,314$621,700
44$594,975$535,540$518,710$639,277
45$614,706$520,825$495,131$653,371
46$635,161$504,100$469,472$667,736
47$656,370$485,224$441,623$682,381
48$678,371$464,051$411,468$697,313
49$701,200$440,425$378,887$712,543
50$724,897$414,180$343,754$728,079
51$749,504$385,143$305,938$743,934
52$775,067$353,128$265,301$760,120
53$801,635$317,943$221,699$776,651
54$829,259$279,380$174,984$793,543
55$857,996$237,221$124,998$810,812
56$887,904$191,238$71,578$828,479
57$919,049$141,187$14,554$846,564
58$951,499$86,812$0$865,093
59$985,327$27,841$0$890,020
60$1,020,615$0$0$917,822
61$1,057,447$0$0$949,070
62$1,095,918$0$0$983,629
63$1,136,127$0$0$1,019,752
64$1,178,182$0$0$1,057,538
65$1,222,201$0$0$1,097,092
66$1,268,312$0$0$1,138,528
67$1,316,651$0$0$1,181,971
68$1,367,369$0$0$1,227,555
69$1,420,627$0$0$1,275,428
70$1,476,601$0$0$1,325,747
71$1,535,484$0$0$1,378,686
72$1,597,483$0$0$1,434,432
73$1,662,826$0$0$1,493,191
74$1,731,759$0$0$1,555,186
75$1,804,552$0$0$1,620,659
76$1,881,499$0$0$1,689,876
77$1,962,920$0$0$1,763,126
78$2,049,166$0$0$1,840,726
79$2,140,618$0$0$1,923,020
80$2,237,696$0$0$2,010,386
81$2,340,855$0$0$2,103,237
82$2,450,597$0$0$2,202,024
83$2,567,468$0$0$2,307,242
84$2,692,067$0$0$2,419,431
85$2,825,051$0$0$2,539,184
86$2,967,139$0$0$2,667,151
87$3,119,119$0$0$2,804,042
88$3,281,855$0$0$2,950,639
89$3,456,294$0$0$3,107,798
90$3,643,476$0$0$3,276,457
91$3,844,542$0$0$3,457,646
92$4,060,744$0$0$3,652,497
93$4,293,456$0$0$3,862,251
94$4,544,188$0$0$4,088,271
95$4,814,598$0$0$4,332,056
96$5,106,507$0$0$4,595,251
97$5,421,917$0$0$4,879,663
98$5,763,027$0$0$5,187,280
99$6,132,254$0$0$5,520,285
100$6,532,256$0$0$5,881,080