Can I retire at age 43 with 540,000?

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 $540,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.2%
1 years$44,593$44,195$43,808$43,430$43,060$42,139
2 years$22,076$21,664$21,266$20,880$20,505$19,581
3 years$14,571$14,158$13,761$13,378$13,009$12,112
4 years$10,819$10,408$10,014$9,638$9,278$8,415
5 years$8,569$8,160$7,771$7,403$7,053$6,225
6 years$7,069$6,663$6,280$5,920$5,581$4,790
7 years$5,998$5,596$5,219$4,867$4,539$3,784
8 years$5,195$4,796$4,426$4,083$3,765$3,047
9 years$4,571$4,176$3,812$3,478$3,171$2,489
10 years$4,072$3,681$3,324$2,998$2,702$2,055
11 years$3,665$3,277$2,926$2,609$2,324$1,712
12 years$3,325$2,941$2,597$2,289$2,014$1,435
13 years$3,038$2,658$2,320$2,020$1,756$1,210
14 years$2,792$2,416$2,085$1,794$1,539$1,025
15 years$2,579$2,207$1,882$1,599$1,355$871
16 years$2,392$2,025$1,706$1,432$1,198$743
17 years$2,228$1,865$1,553$1,287$1,062$635
18 years$2,083$1,723$1,417$1,160$944$544
19 years$1,952$1,597$1,298$1,048$842$467
20 years$1,835$1,484$1,191$949$752$402
21 years$1,730$1,382$1,095$861$673$346
22 years$1,633$1,290$1,010$783$603$298
23 years$1,546$1,207$932$713$541$257
24 years$1,466$1,131$862$650$487$222
25 years$1,392$1,061$798$594$438$192
26 years$1,324$997$741$543$394$166
27 years$1,262$939$688$497$356$144
28 years$1,204$884$639$456$321$124
29 years$1,150$834$595$418$290$108
30 years$1,099$788$554$383$262$93
31 years$1,052$745$517$352$237$81
32 years$1,008$705$482$324$214$70
33 years$967$668$450$298$194$61
34 years$928$633$420$274$175$53
35 years$892$600$393$252$159$46
36 years$858$570$368$232$144$40
37 years$825$541$344$214$130$34
38 years$795$514$322$197$118$30
39 years$766$489$302$182$107$26
40 years$738$465$283$168$97$22
41 years$712$443$265$155$88$19
42 years$687$422$249$143$80$17
43 years$664$402$234$132$73$15
44 years$642$383$219$122$66$13
45 years$620$365$206$112$60$11
46 years$600$348$193$104$54$10
47 years$581$332$182$96$49$8
48 years$562$317$171$89$45$7
49 years$544$303$160$82$41$6
50 years$527$289$151$76$37$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $540,000, adding $2,549 every year, while hoping to spend $20,095 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: 27/50/23 Blend
42$540,000$540,000$540,000$540,000
43$597,709$569,089$560,719$609,458
44$637,295$575,594$558,122$625,465
45$680,244$581,743$554,765$640,712
46$726,880$587,500$550,601$656,659
47$777,556$592,821$545,580$673,378
48$832,662$597,665$539,652$690,950
49$892,626$601,983$532,763$709,464
50$957,920$605,726$524,857$729,023
51$1,029,063$608,842$515,874$749,738
52$1,106,626$611,273$505,754$771,736
53$1,191,236$612,961$494,432$795,156
54$1,283,587$613,840$481,840$820,155
55$1,384,439$613,845$467,908$846,908
56$1,494,631$612,902$452,562$875,609
57$1,615,085$610,936$435,724$906,474
58$1,746,817$607,866$417,315$939,743
59$1,890,947$603,605$397,249$975,685
60$2,048,705$598,063$375,439$1,014,598
61$2,221,448$591,144$351,791$1,056,811
62$2,410,670$582,744$326,210$1,102,694
63$2,618,016$572,756$298,596$1,152,655
64$2,845,297$561,064$268,842$1,207,148
65$3,094,508$547,547$236,839$1,266,676
66$3,367,847$532,076$202,472$1,331,799
67$3,667,734$514,515$165,622$1,403,136
68$3,996,835$494,718$126,162$1,481,376
69$4,358,087$472,534$83,963$1,567,281
70$4,754,724$447,800$38,888$1,661,696
71$5,190,309$420,345$0$1,765,559
72$5,668,768$389,990$0$1,882,167
73$6,194,425$356,542$0$2,020,742
74$6,772,043$319,800$0$2,173,041
75$7,406,871$279,549$0$2,340,512
76$8,104,690$235,565$0$2,524,758
77$8,871,869$187,608$0$2,727,548
78$9,715,426$135,428$0$2,950,838
79$10,643,093$78,757$0$3,196,788
80$11,663,387$17,315$0$3,467,785
81$12,785,695$0$0$3,766,466
82$14,020,356$0$0$4,122,810
83$15,378,764$0$0$4,525,453
84$16,873,472$0$0$4,968,603
85$18,518,312$0$0$5,456,373
86$20,328,524$0$0$5,993,296
87$22,320,899$0$0$6,584,367
88$24,513,941$0$0$7,235,089
89$26,928,037$0$0$7,951,527
90$29,585,651$0$0$8,740,364
91$32,511,537$0$0$9,608,962
92$35,732,971$0$0$10,565,435
93$39,280,006$0$0$11,618,723
94$43,185,760$0$0$12,778,679
95$47,486,726$0$0$14,056,157
96$52,223,114$0$0$15,463,122
97$57,439,236$0$0$17,012,753
98$63,183,917$0$0$18,719,577
99$69,510,961$0$0$20,599,601
100$76,479,656$0$0$22,670,461