Can I retire at age 43 with 610,000?

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 $610,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$50,373$49,925$49,487$49,059$48,642$47,777
2 years$24,937$24,473$24,023$23,586$23,163$22,295
3 years$16,460$15,993$15,544$15,112$14,696$13,851
4 years$12,222$11,757$11,312$10,887$10,481$9,666
5 years$9,680$9,217$8,779$8,363$7,967$7,185
6 years$7,985$7,527$7,095$6,688$6,304$5,555
7 years$6,776$6,321$5,896$5,498$5,127$4,411
8 years$5,869$5,418$5,000$4,612$4,253$3,571
9 years$5,164$4,718$4,306$3,929$3,582$2,933
10 years$4,600$4,158$3,754$3,387$3,052$2,435
11 years$4,140$3,702$3,305$2,947$2,625$2,039
12 years$3,756$3,323$2,933$2,585$2,275$1,720
13 years$3,431$3,003$2,621$2,282$1,984$1,459
14 years$3,153$2,729$2,355$2,026$1,739$1,243
15 years$2,913$2,493$2,126$1,807$1,531$1,063
16 years$2,703$2,288$1,928$1,618$1,353$913
17 years$2,517$2,107$1,754$1,454$1,200$785
18 years$2,353$1,947$1,601$1,310$1,067$677
19 years$2,205$1,804$1,466$1,184$951$585
20 years$2,073$1,677$1,345$1,072$849$507
21 years$1,954$1,562$1,237$973$760$439
22 years$1,845$1,458$1,140$885$681$381
23 years$1,746$1,363$1,053$806$612$331
24 years$1,656$1,277$974$735$550$288
25 years$1,573$1,199$902$671$495$251
26 years$1,496$1,127$837$614$446$218
27 years$1,425$1,060$777$562$402$190
28 years$1,360$999$722$515$362$166
29 years$1,299$943$672$472$327$145
30 years$1,242$890$626$433$296$126
31 years$1,189$841$584$398$267$110
32 years$1,139$796$544$366$242$96
33 years$1,092$754$508$336$219$84
34 years$1,049$715$475$309$198$73
35 years$1,008$678$444$285$179$64
36 years$969$643$415$262$163$56
37 years$932$611$389$242$147$49
38 years$898$581$364$223$134$43
39 years$865$552$341$205$121$37
40 years$834$525$320$189$110$33
41 years$805$500$300$175$100$29
42 years$777$476$281$161$90$25
43 years$750$454$264$149$82$22
44 years$725$433$248$137$75$19
45 years$701$412$233$127$68$17
46 years$678$394$218$117$61$15
47 years$656$376$205$108$56$13
48 years$635$358$193$100$51$11
49 years$615$342$181$93$46$10
50 years$596$327$170$86$42$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $610,000, adding $2,762 every year, while hoping to spend $31,530 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: 25/50/25 Blend
42$610,000$610,000$610,000$610,000
43$675,069$642,739$633,284$686,557
44$710,378$640,686$620,951$694,145
45$748,233$637,475$607,149$699,386
46$788,858$633,016$591,794$704,336
47$832,502$627,215$574,800$708,992
48$879,439$619,970$556,077$713,353
49$929,967$611,174$535,531$717,421
50$984,415$600,713$513,062$721,201
51$1,043,143$588,466$488,568$724,703
52$1,106,549$574,306$461,940$727,941
53$1,175,067$558,097$433,066$730,935
54$1,249,178$539,698$401,827$733,713
55$1,329,407$518,956$368,101$736,307
56$1,416,333$495,711$331,759$738,760
57$1,510,592$469,794$292,666$741,124
58$1,612,884$441,026$250,682$743,461
59$1,723,979$409,217$205,661$745,846
60$1,844,723$374,166$157,448$748,368
61$1,976,046$335,662$105,884$751,131
62$2,118,974$293,481$50,803$754,257
63$2,274,634$247,386$0$757,887
64$2,444,267$197,128$0$764,313
65$2,629,237$142,442$0$786,196
66$2,831,047$83,049$0$810,238
67$3,051,351$18,656$0$836,740
68$3,291,969$0$0$866,038
69$3,554,906$0$0$926,601
70$3,842,368$0$0$1,004,135
71$4,156,785$0$0$1,089,042
72$4,500,830$0$0$1,182,057
73$4,877,449$0$0$1,283,991
74$5,289,886$0$0$1,395,736
75$5,741,713$0$0$1,518,273
76$6,236,861$0$0$1,652,684
77$6,779,664$0$0$1,800,160
78$7,374,892$0$0$1,962,015
79$8,027,800$0$0$2,139,693
80$8,744,175$0$0$2,334,788
81$9,530,394$0$0$2,549,053
82$10,393,477$0$0$2,784,420
83$11,341,161$0$0$3,043,019
84$12,381,966$0$0$3,327,195
85$13,525,280$0$0$3,639,531
86$14,781,443$0$0$3,982,873
87$16,161,847$0$0$4,360,358
88$17,679,042$0$0$4,775,440
89$19,346,855$0$0$5,231,925
90$21,180,517$0$0$5,734,008
91$23,196,813$0$0$6,286,309
92$25,414,231$0$0$6,893,918
93$27,853,142$0$0$7,562,446
94$30,535,993$0$0$8,298,072
95$33,487,512$0$0$9,107,606
96$36,734,946$0$0$9,998,550
97$40,308,318$0$0$10,979,174
98$44,240,706$0$0$12,058,585
99$48,568,556$0$0$13,246,821
100$53,332,029$0$0$14,554,943