Can I retire at age 43 with 600,000?

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 $600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$49,547$49,106$48,676$48,255$47,845$47,325
2 years$24,528$24,072$23,629$23,200$22,783$22,260
3 years$16,190$15,731$15,289$14,864$14,455$13,944
4 years$12,021$11,564$11,127$10,709$10,309$9,816
5 years$9,521$9,066$8,635$8,225$7,837$7,361
6 years$7,855$7,403$6,978$6,578$6,201$5,744
7 years$6,665$6,217$5,799$5,408$5,043$4,605
8 years$5,773$5,329$4,918$4,537$4,184$3,764
9 years$5,079$4,640$4,236$3,864$3,523$3,123
10 years$4,525$4,090$3,693$3,331$3,002$2,620
11 years$4,072$3,641$3,251$2,899$2,582$2,217
12 years$3,694$3,268$2,885$2,543$2,237$1,891
13 years$3,375$2,953$2,578$2,245$1,951$1,622
14 years$3,102$2,685$2,316$1,993$1,710$1,398
15 years$2,865$2,452$2,091$1,777$1,506$1,209
16 years$2,658$2,250$1,896$1,591$1,331$1,050
17 years$2,476$2,072$1,725$1,430$1,180$915
18 years$2,314$1,915$1,575$1,289$1,049$799
19 years$2,169$1,775$1,442$1,164$935$699
20 years$2,039$1,649$1,323$1,054$835$613
21 years$1,922$1,536$1,217$957$748$538
22 years$1,815$1,434$1,122$870$670$473
23 years$1,718$1,341$1,036$792$601$416
24 years$1,629$1,256$958$723$541$367
25 years$1,547$1,179$887$660$486$324
26 years$1,472$1,108$823$604$438$286
27 years$1,402$1,043$764$552$395$252
28 years$1,337$983$710$506$356$223
29 years$1,277$927$661$464$322$197
30 years$1,221$876$616$426$291$175
31 years$1,169$828$574$391$263$154
32 years$1,120$783$536$360$238$137
33 years$1,075$742$500$331$215$121
34 years$1,032$703$467$304$195$107
35 years$991$667$437$280$177$95
36 years$953$633$409$258$160$84
37 years$917$601$382$238$145$75
38 years$883$571$358$219$131$66
39 years$851$543$336$202$119$59
40 years$820$517$315$186$108$52
41 years$791$492$295$172$98$46
42 years$764$468$277$159$89$41
43 years$738$446$260$146$81$36
44 years$713$425$244$135$73$32
45 years$689$406$229$125$67$29
46 years$667$387$215$115$60$26
47 years$645$369$202$107$55$23
48 years$624$353$190$98$50$20
49 years$605$337$178$91$45$18
50 years$586$322$168$84$41$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $600,000, adding $6,297 every year, while hoping to spend $28,149 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: 27/44/29 Blend
42$600,000$600,000$600,000$600,000
43$667,695$635,895$626,595$679,588
44$705,850$637,104$617,636$690,957
45$746,953$637,428$607,433$700,334
46$791,275$636,795$595,915$709,834
47$839,115$635,128$583,008$719,489
48$890,798$632,343$568,632$729,334
49$946,685$628,353$552,707$739,411
50$1,007,171$623,067$535,147$749,770
51$1,072,691$616,385$515,862$760,467
52$1,143,721$608,203$494,759$771,569
53$1,220,786$598,412$471,740$783,152
54$1,304,466$586,893$446,703$795,303
55$1,395,394$573,523$419,540$808,121
56$1,494,270$558,172$390,140$821,722
57$1,601,863$540,699$358,387$836,234
58$1,719,018$520,959$324,158$851,804
59$1,846,666$498,794$287,326$868,601
60$1,985,832$474,041$247,757$886,813
61$2,137,644$446,526$205,314$906,653
62$2,303,342$416,064$159,850$928,363
63$2,484,293$382,461$111,215$952,213
64$2,681,999$345,510$59,249$978,509
65$2,898,118$304,995$3,789$1,007,594
66$3,134,471$260,685$0$1,039,851
67$3,393,065$212,337$0$1,092,855
68$3,676,111$159,695$0$1,152,311
69$3,986,042$102,487$0$1,217,644
70$4,325,537$40,427$0$1,289,520
71$4,697,547$0$0$1,368,676
72$5,105,323$0$0$1,468,900
73$5,552,444$0$0$1,600,357
74$6,042,852$0$0$1,744,644
75$6,580,889$0$0$1,903,052
76$7,171,339$0$0$2,077,001
77$7,819,469$0$0$2,268,057
78$8,531,083$0$0$2,477,947
79$9,312,574$0$0$2,708,569
80$10,170,983$0$0$2,962,018
81$11,114,069$0$0$3,240,600
82$12,150,377$0$0$3,546,855
83$13,289,323$0$0$3,883,584
84$14,541,279$0$0$4,253,869
85$15,917,673$0$0$4,661,110
86$17,431,094$0$0$5,109,050
87$19,095,413$0$0$5,601,813
88$20,925,913$0$0$6,143,945
89$22,939,431$0$0$6,740,453
90$25,154,518$0$0$7,396,855
91$27,591,616$0$0$8,119,228
92$30,273,244$0$0$8,914,273
93$33,224,218$0$0$9,789,369
94$36,471,879$0$0$10,752,649
95$40,046,354$0$0$11,813,074
96$43,980,836$0$0$12,980,517
97$48,311,903$0$0$14,265,858
98$53,079,857$0$0$15,681,085
99$58,329,107$0$0$17,239,410
100$64,108,586$0$0$18,955,387