Can I retire at age 43 with 580,000?

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 $580,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$47,896$47,469$47,053$46,647$46,250$46,016
2 years$23,711$23,269$22,841$22,426$22,024$21,788
3 years$15,650$15,207$14,780$14,369$13,973$13,742
4 years$11,621$11,179$10,756$10,352$9,966$9,742
5 years$9,204$8,764$8,347$7,951$7,576$7,360
6 years$7,593$7,157$6,746$6,359$5,994$5,786
7 years$6,443$6,010$5,606$5,228$4,875$4,675
8 years$5,580$5,152$4,754$4,385$4,044$3,852
9 years$4,910$4,486$4,095$3,735$3,406$3,222
10 years$4,374$3,954$3,570$3,220$2,902$2,725
11 years$3,936$3,520$3,143$2,802$2,496$2,327
12 years$3,571$3,159$2,789$2,458$2,163$2,002
13 years$3,263$2,855$2,492$2,170$1,886$1,732
14 years$2,998$2,595$2,239$1,926$1,653$1,507
15 years$2,770$2,371$2,022$1,718$1,456$1,316
16 years$2,570$2,175$1,833$1,538$1,287$1,154
17 years$2,393$2,003$1,668$1,382$1,141$1,015
18 years$2,237$1,851$1,522$1,246$1,014$895
19 years$2,097$1,715$1,394$1,125$904$791
20 years$1,971$1,594$1,279$1,019$808$700
21 years$1,858$1,485$1,177$925$723$621
22 years$1,754$1,386$1,084$841$648$552
23 years$1,660$1,296$1,001$766$581$491
24 years$1,574$1,215$926$699$523$438
25 years$1,495$1,140$858$638$470$390
26 years$1,422$1,071$795$583$424$348
27 years$1,355$1,008$739$534$382$311
28 years$1,293$950$687$489$345$278
29 years$1,235$896$639$449$311$249
30 years$1,181$846$595$412$281$223
31 years$1,130$800$555$378$254$199
32 years$1,083$757$518$348$230$178
33 years$1,039$717$483$320$208$160
34 years$997$680$452$294$188$143
35 years$958$645$422$271$171$129
36 years$921$612$395$249$155$115
37 years$886$581$370$230$140$103
38 years$854$552$346$212$127$93
39 years$822$525$324$195$115$83
40 years$793$500$304$180$104$75
41 years$765$476$285$166$95$67
42 years$738$453$267$153$86$60
43 years$713$431$251$142$78$54
44 years$689$411$236$131$71$49
45 years$666$392$221$121$64$44
46 years$644$374$208$111$58$39
47 years$624$357$195$103$53$35
48 years$604$341$183$95$48$32
49 years$585$326$172$88$44$29
50 years$566$311$162$81$40$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $580,000, adding $5,794 every year, while hoping to spend $37,284 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: 51/21/28 Blend
42$580,000$580,000$580,000$580,000
43$645,137$614,397$605,407$672,689
44$671,271$604,832$586,018$682,932
45$698,821$593,549$564,730$689,859
46$727,892$580,425$541,440$696,659
47$758,599$565,328$516,040$703,337
48$791,066$548,119$488,418$709,898
49$825,431$528,653$458,456$716,355
50$861,842$506,774$426,031$722,720
51$900,461$482,317$391,014$729,012
52$941,467$455,109$353,272$735,254
53$985,054$424,967$312,664$741,475
54$1,031,435$391,696$269,044$747,708
55$1,080,843$355,091$222,258$753,996
56$1,133,533$314,934$172,148$760,387
57$1,189,784$270,997$118,546$766,941
58$1,249,903$223,036$61,278$773,726
59$1,314,225$170,797$162$780,821
60$1,383,117$114,007$0$788,319
61$1,456,985$52,383$0$815,763
62$1,536,269$0$0$845,155
63$1,621,457$0$0$879,971
64$1,713,082$0$0$930,479
65$1,811,728$0$0$984,903
66$1,918,040$0$0$1,043,602
67$2,032,723$0$0$1,106,974
68$2,156,554$0$0$1,175,452
69$2,290,385$0$0$1,249,516
70$2,435,154$0$0$1,329,690
71$2,591,890$0$0$1,416,553
72$2,761,726$0$0$1,510,740
73$2,945,908$0$0$1,612,950
74$3,145,804$0$0$1,723,950
75$3,362,922$0$0$1,844,587
76$3,598,917$0$0$1,975,790
77$3,855,613$0$0$2,118,581
78$4,135,014$0$0$2,274,087
79$4,439,327$0$0$2,443,546
80$4,770,980$0$0$2,628,321
81$5,132,645$0$0$2,829,912
82$5,527,263$0$0$3,049,972
83$5,958,071$0$0$3,290,316
84$6,428,634$0$0$3,552,947
85$6,942,873$0$0$3,840,067
86$7,505,108$0$0$4,154,103
87$8,120,094$0$0$4,497,724
88$8,793,066$0$0$4,873,871
89$9,529,791$0$0$5,285,783
90$10,336,616$0$0$5,737,025
91$11,220,533$0$0$6,231,524
92$12,189,242$0$0$6,773,607
93$13,251,221$0$0$7,368,035
94$14,415,811$0$0$8,020,056
95$15,693,297$0$0$8,735,449
96$17,095,010$0$0$9,520,578
97$18,633,428$0$0$10,382,454
98$20,322,300$0$0$11,328,802
99$22,176,766$0$0$12,368,128
100$24,213,508$0$0$13,509,804