Can I retire at age 43 with 530,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $530,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$43,767$43,377$42,997$42,625$42,263$41,461
2 years$21,667$21,263$20,872$20,493$20,125$19,320
3 years$14,301$13,896$13,506$13,130$12,768$11,985
4 years$10,619$10,215$9,829$9,459$9,106$8,352
5 years$8,410$8,009$7,627$7,266$6,923$6,198
6 years$6,938$6,540$6,164$5,811$5,478$4,784
7 years$5,887$5,492$5,122$4,777$4,455$3,793
8 years$5,099$4,708$4,344$4,007$3,696$3,065
9 years$4,487$4,099$3,742$3,413$3,112$2,512
10 years$3,997$3,613$3,262$2,942$2,652$2,082
11 years$3,597$3,216$2,872$2,561$2,281$1,741
12 years$3,263$2,887$2,549$2,246$1,976$1,465
13 years$2,981$2,609$2,277$1,983$1,723$1,240
14 years$2,740$2,371$2,046$1,760$1,511$1,055
15 years$2,531$2,166$1,847$1,570$1,330$900
16 years$2,348$1,988$1,675$1,406$1,176$771
17 years$2,187$1,830$1,524$1,263$1,042$662
18 years$2,044$1,691$1,391$1,138$927$570
19 years$1,916$1,568$1,274$1,028$826$491
20 years$1,801$1,457$1,169$931$738$424
21 years$1,697$1,357$1,075$845$660$367
22 years$1,603$1,267$991$769$592$318
23 years$1,517$1,185$915$700$531$275
24 years$1,439$1,110$846$638$478$239
25 years$1,366$1,042$784$583$430$207
26 years$1,300$979$727$533$387$180
27 years$1,238$921$675$488$349$157
28 years$1,181$868$627$447$315$136
29 years$1,128$819$584$410$284$119
30 years$1,079$773$544$376$257$103
31 years$1,033$731$507$346$232$90
32 years$990$692$473$318$210$78
33 years$949$655$442$292$190$68
34 years$911$621$413$269$172$59
35 years$875$589$386$247$156$52
36 years$842$559$361$228$141$45
37 years$810$531$338$210$128$39
38 years$780$505$316$193$116$34
39 years$752$480$296$178$105$30
40 years$725$456$278$165$95$26
41 years$699$435$261$152$87$23
42 years$675$414$244$140$79$20
43 years$652$394$229$129$71$17
44 years$630$376$215$119$65$15
45 years$609$358$202$110$59$13
46 years$589$342$190$102$53$11
47 years$570$326$178$94$48$10
48 years$552$311$168$87$44$9
49 years$534$297$158$80$40$8
50 years$517$284$148$74$36$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $530,000, adding $4,362 every year, while hoping to spend $31,464 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: 67/25/8 Blend
42$530,000$530,000$530,000$530,000
43$588,559$560,469$552,254$626,826
44$615,115$554,455$537,277$646,780
45$643,325$547,091$520,744$664,398
46$673,324$538,279$502,569$682,824
47$705,261$527,913$482,664$702,134
48$739,299$515,881$460,934$722,410
49$775,614$502,067$437,282$743,744
50$814,403$486,344$411,607$766,239
51$855,877$468,580$383,801$790,010
52$900,272$448,635$353,753$815,182
53$947,843$426,362$321,348$841,898
54$998,873$401,604$286,463$870,314
55$1,053,669$374,194$248,971$900,605
56$1,112,572$343,957$208,740$932,962
57$1,175,953$310,710$165,631$967,603
58$1,244,220$274,255$119,499$1,004,764
59$1,317,823$234,385$70,195$1,044,711
60$1,397,254$190,883$17,559$1,087,738
61$1,483,054$143,517$0$1,134,170
62$1,575,820$92,044$0$1,187,664
63$1,676,205$36,205$0$1,247,140
64$1,784,928$0$0$1,311,556
65$1,902,780$0$0$1,388,098
66$2,030,631$0$0$1,481,965
67$2,169,436$0$0$1,583,905
68$2,320,247$0$0$1,694,691
69$2,484,220$0$0$1,815,179
70$2,662,630$0$0$1,946,306
71$2,856,875$0$0$2,089,107
72$3,068,497$0$0$2,244,719
73$3,299,191$0$0$2,414,392
74$3,550,823$0$0$2,599,504
75$3,825,449$0$0$2,801,571
76$4,125,328$0$0$3,022,262
77$4,452,950$0$0$3,263,414
78$4,811,055$0$0$3,527,050
79$5,202,659$0$0$3,815,395
80$5,631,084$0$0$4,130,901
81$6,099,989$0$0$4,476,269
82$6,613,399$0$0$4,854,471
83$7,175,750$0$0$5,268,781
84$7,791,927$0$0$5,722,804
85$8,467,307$0$0$6,220,510
86$9,207,815$0$0$6,766,273
87$10,019,975$0$0$7,364,908
88$10,910,974$0$0$8,021,721
89$11,888,728$0$0$8,742,556
90$12,961,954$0$0$9,533,847
91$14,140,258$0$0$10,402,687
92$15,434,218$0$0$11,356,884
93$16,855,489$0$0$12,405,043
94$18,416,910$0$0$13,556,641
95$20,132,624$0$0$14,822,121
96$22,018,213$0$0$16,212,984
97$24,090,841$0$0$17,741,904
98$26,369,421$0$0$19,422,843
99$28,874,787$0$0$21,271,182
100$31,629,894$0$0$23,303,869