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%17.2%
1 years$42,941$42,559$42,185$41,821$41,466$40,251
2 years$21,258$20,862$20,478$20,106$19,745$18,532
3 years$14,031$13,634$13,251$12,882$12,527$11,352
4 years$10,419$10,022$9,643$9,281$8,935$7,808
5 years$8,251$7,857$7,484$7,129$6,792$5,716
6 years$6,807$6,416$6,048$5,701$5,374$4,350
7 years$5,776$5,388$5,026$4,687$4,371$3,398
8 years$5,003$4,619$4,262$3,932$3,626$2,705
9 years$4,402$4,021$3,671$3,349$3,054$2,183
10 years$3,922$3,545$3,201$2,887$2,602$1,780
11 years$3,529$3,156$2,818$2,512$2,238$1,463
12 years$3,202$2,832$2,501$2,204$1,939$1,211
13 years$2,925$2,560$2,234$1,946$1,691$1,008
14 years$2,688$2,327$2,007$1,727$1,482$842
15 years$2,483$2,125$1,812$1,540$1,305$706
16 years$2,304$1,950$1,643$1,379$1,153$593
17 years$2,146$1,796$1,495$1,239$1,023$500
18 years$2,005$1,660$1,365$1,117$909$422
19 years$1,880$1,538$1,250$1,009$811$357
20 years$1,767$1,429$1,147$914$724$302
21 years$1,665$1,331$1,055$829$648$256
22 years$1,573$1,243$972$754$581$217
23 years$1,489$1,162$898$687$521$185
24 years$1,412$1,089$830$626$469$157
25 years$1,341$1,022$769$572$422$133
26 years$1,275$960$713$523$380$114
27 years$1,215$904$662$479$342$97
28 years$1,159$852$616$439$309$82
29 years$1,107$804$573$402$279$70
30 years$1,058$759$534$369$252$60
31 years$1,013$717$497$339$228$51
32 years$971$679$464$312$206$43
33 years$931$643$433$287$187$37
34 years$894$609$405$264$169$32
35 years$859$578$379$243$153$27
36 years$826$548$354$224$139$23
37 years$795$521$331$206$126$20
38 years$765$495$310$190$114$17
39 years$737$471$291$175$103$14
40 years$711$448$273$161$94$12
41 years$686$426$256$149$85$10
42 years$662$406$240$137$77$9
43 years$639$387$225$127$70$8
44 years$618$369$211$117$64$6
45 years$597$352$198$108$58$5
46 years$578$335$186$100$52$5
47 years$559$320$175$92$48$4
48 years$541$306$164$85$43$3
49 years$524$292$155$79$39$3
50 years$508$279$145$73$36$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $520,000, adding $5,107 every year, while hoping to spend $33,572 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: 48/44/8 Blend
42$520,000$520,000$520,000$520,000
43$578,308$550,748$542,688$604,589
44$601,575$542,014$525,148$614,415
45$626,090$531,727$505,894$621,125
46$651,945$519,776$484,836$627,629
47$679,240$506,041$461,874$633,917
48$708,084$490,399$436,909$639,981
49$738,597$472,717$409,833$645,814
50$770,908$452,854$380,537$651,411
51$805,159$430,662$348,903$656,769
52$841,506$405,985$314,812$661,889
53$880,118$378,657$278,137$666,773
54$921,181$348,503$238,746$671,428
55$964,898$315,336$196,501$675,864
56$1,011,492$278,962$151,258$680,096
57$1,061,206$239,172$102,866$684,146
58$1,114,307$195,750$51,170$688,041
59$1,171,087$148,462$0$691,815
60$1,231,867$97,066$0$695,854
61$1,296,998$41,303$0$704,550
62$1,366,866$0$0$713,610
63$1,441,895$0$0$732,373
64$1,522,548$0$0$774,080
65$1,609,335$0$0$819,002
66$1,702,817$0$0$867,433
67$1,803,607$0$0$919,699
68$1,912,382$0$0$976,155
69$2,029,884$0$0$1,037,193
70$2,156,927$0$0$1,103,243
71$2,294,409$0$0$1,174,778
72$2,443,314$0$0$1,252,318
73$2,604,726$0$0$1,336,436
74$2,779,837$0$0$1,427,759
75$2,969,955$0$0$1,526,981
76$3,176,523$0$0$1,634,861
77$3,401,125$0$0$1,752,236
78$3,645,505$0$0$1,880,029
79$3,911,583$0$0$2,019,252
80$4,201,468$0$0$2,171,020
81$4,517,486$0$0$2,336,562
82$4,862,192$0$0$2,517,228
83$5,238,403$0$0$2,714,506
84$5,649,214$0$0$2,930,033
85$6,098,039$0$0$3,165,610
86$6,588,630$0$0$3,423,223
87$7,125,123$0$0$3,705,056
88$7,712,068$0$0$4,013,516
89$8,354,477$0$0$4,351,250
90$9,057,868$0$0$4,721,176
91$9,828,320$0$0$5,126,507
92$10,672,524$0$0$5,570,780
93$11,597,851$0$0$6,057,892
94$12,612,418$0$0$6,592,135
95$13,725,166$0$0$7,178,235
96$14,945,942$0$0$7,821,399
97$16,285,593$0$0$8,527,362
98$17,756,066$0$0$9,302,441
99$19,370,521$0$0$10,153,594
100$21,143,456$0$0$11,088,488