Can I retire at age 43 with 610,000?

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 $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%11.2%
1 years$50,373$49,925$49,487$49,059$48,642$48,397
2 years$24,937$24,473$24,023$23,586$23,163$22,915
3 years$16,460$15,993$15,544$15,112$14,696$14,453
4 years$12,222$11,757$11,312$10,887$10,481$10,246
5 years$9,680$9,217$8,779$8,363$7,967$7,740
6 years$7,985$7,527$7,095$6,688$6,304$6,085
7 years$6,776$6,321$5,896$5,498$5,127$4,917
8 years$5,869$5,418$5,000$4,612$4,253$4,051
9 years$5,164$4,718$4,306$3,929$3,582$3,388
10 years$4,600$4,158$3,754$3,387$3,052$2,866
11 years$4,140$3,702$3,305$2,947$2,625$2,447
12 years$3,756$3,323$2,933$2,585$2,275$2,105
13 years$3,431$3,003$2,621$2,282$1,984$1,822
14 years$3,153$2,729$2,355$2,026$1,739$1,585
15 years$2,913$2,493$2,126$1,807$1,531$1,384
16 years$2,703$2,288$1,928$1,618$1,353$1,214
17 years$2,517$2,107$1,754$1,454$1,200$1,067
18 years$2,353$1,947$1,601$1,310$1,067$941
19 years$2,205$1,804$1,466$1,184$951$832
20 years$2,073$1,677$1,345$1,072$849$737
21 years$1,954$1,562$1,237$973$760$654
22 years$1,845$1,458$1,140$885$681$581
23 years$1,746$1,363$1,053$806$612$517
24 years$1,656$1,277$974$735$550$460
25 years$1,573$1,199$902$671$495$410
26 years$1,496$1,127$837$614$446$366
27 years$1,425$1,060$777$562$402$327
28 years$1,360$999$722$515$362$292
29 years$1,299$943$672$472$327$261
30 years$1,242$890$626$433$296$234
31 years$1,189$841$584$398$267$210
32 years$1,139$796$544$366$242$188
33 years$1,092$754$508$336$219$168
34 years$1,049$715$475$309$198$151
35 years$1,008$678$444$285$179$135
36 years$969$643$415$262$163$121
37 years$932$611$389$242$147$109
38 years$898$581$364$223$134$98
39 years$865$552$341$205$121$88
40 years$834$525$320$189$110$79
41 years$805$500$300$175$100$71
42 years$777$476$281$161$90$63
43 years$750$454$264$149$82$57
44 years$725$433$248$137$75$51
45 years$701$412$233$127$68$46
46 years$678$394$218$117$61$41
47 years$656$376$205$108$56$37
48 years$635$358$193$100$51$33
49 years$615$342$181$93$46$30
50 years$596$327$170$86$42$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $610,000, adding $4,654 every year, while hoping to spend $26,688 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: 76/9/15 Blend
42$610,000$610,000$610,000$610,000
43$677,021$644,691$635,236$725,943
44$717,681$647,885$628,120$762,082
45$761,594$650,341$619,872$797,891
46$809,064$651,994$610,425$836,420
47$860,424$652,778$599,709$877,930
48$916,040$652,617$587,653$922,712
49$976,318$651,437$574,181$971,083
50$1,041,699$649,154$559,212$1,023,396
51$1,112,671$645,681$542,665$1,080,037
52$1,189,771$640,927$524,452$1,141,435
53$1,273,589$634,794$504,483$1,208,059
54$1,364,774$627,178$482,662$1,280,429
55$1,464,041$617,969$458,890$1,359,118
56$1,572,174$607,051$433,064$1,444,757
57$1,690,039$594,300$405,075$1,538,041
58$1,818,588$579,585$374,810$1,639,739
59$1,958,868$562,769$342,150$1,750,695
60$2,112,032$543,704$306,972$1,871,844
61$2,279,349$522,236$269,146$2,004,213
62$2,462,218$498,200$228,537$2,148,936
63$2,662,176$471,424$185,005$2,307,264
64$2,880,917$441,723$138,402$2,480,576
65$3,120,307$408,904$88,574$2,670,391
66$3,382,399$372,760$35,362$2,878,386
67$3,669,454$333,077$0$3,106,408
68$3,983,964$289,623$0$3,359,924
69$4,328,671$242,157$0$3,644,014
70$4,706,596$190,423$0$3,955,517
71$5,121,066$134,151$0$4,297,194
72$5,575,745$73,055$0$4,672,089
73$6,074,670$6,833$0$5,083,551
74$6,622,286$0$0$5,535,275
75$7,223,492$0$0$6,037,752
76$7,883,680$0$0$6,590,293
77$8,608,795$0$0$7,197,199
78$9,405,383$0$0$7,863,953
79$10,280,655$0$0$8,596,593
80$11,242,556$0$0$9,401,775
81$12,299,840$0$0$10,286,827
82$13,462,148$0$0$11,259,825
83$14,740,105$0$0$12,329,668
84$16,145,416$0$0$13,506,156
85$17,690,975$0$0$14,800,091
86$19,390,992$0$0$16,223,370
87$21,261,120$0$0$17,789,105
88$23,318,606$0$0$19,511,740
89$25,582,455$0$0$21,407,189
90$28,073,605$0$0$23,492,991
91$30,815,127$0$0$25,788,465
92$33,832,442$0$0$28,314,902
93$37,153,559$0$0$31,095,760
94$40,809,342$0$0$34,156,887
95$44,833,798$0$0$37,526,764
96$49,264,398$0$0$41,236,773
97$54,142,432$0$0$45,321,496
98$59,513,397$0$0$49,819,034
99$65,427,426$0$0$54,771,376
100$71,939,762$0$0$60,224,787