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%13.5%
1 years$50,373$49,925$49,487$49,059$48,642$47,935
2 years$24,937$24,473$24,023$23,586$23,163$22,452
3 years$16,460$15,993$15,544$15,112$14,696$14,003
4 years$12,222$11,757$11,312$10,887$10,481$9,812
5 years$9,680$9,217$8,779$8,363$7,967$7,324
6 years$7,985$7,527$7,095$6,688$6,304$5,687
7 years$6,776$6,321$5,896$5,498$5,127$4,537
8 years$5,869$5,418$5,000$4,612$4,253$3,689
9 years$5,164$4,718$4,306$3,929$3,582$3,044
10 years$4,600$4,158$3,754$3,387$3,052$2,540
11 years$4,140$3,702$3,305$2,947$2,625$2,138
12 years$3,756$3,323$2,933$2,585$2,275$1,812
13 years$3,431$3,003$2,621$2,282$1,984$1,545
14 years$3,153$2,729$2,355$2,026$1,739$1,324
15 years$2,913$2,493$2,126$1,807$1,531$1,139
16 years$2,703$2,288$1,928$1,618$1,353$983
17 years$2,517$2,107$1,754$1,454$1,200$851
18 years$2,353$1,947$1,601$1,310$1,067$738
19 years$2,205$1,804$1,466$1,184$951$641
20 years$2,073$1,677$1,345$1,072$849$558
21 years$1,954$1,562$1,237$973$760$487
22 years$1,845$1,458$1,140$885$681$425
23 years$1,746$1,363$1,053$806$612$372
24 years$1,656$1,277$974$735$550$325
25 years$1,573$1,199$902$671$495$285
26 years$1,496$1,127$837$614$446$250
27 years$1,425$1,060$777$562$402$219
28 years$1,360$999$722$515$362$192
29 years$1,299$943$672$472$327$169
30 years$1,242$890$626$433$296$148
31 years$1,189$841$584$398$267$130
32 years$1,139$796$544$366$242$114
33 years$1,092$754$508$336$219$101
34 years$1,049$715$475$309$198$89
35 years$1,008$678$444$285$179$78
36 years$969$643$415$262$163$69
37 years$932$611$389$242$147$60
38 years$898$581$364$223$134$53
39 years$865$552$341$205$121$47
40 years$834$525$320$189$110$41
41 years$805$500$300$175$100$36
42 years$777$476$281$161$90$32
43 years$750$454$264$149$82$28
44 years$725$433$248$137$75$25
45 years$701$412$233$127$68$22
46 years$678$394$218$117$61$19
47 years$656$376$205$108$56$17
48 years$635$358$193$100$51$15
49 years$615$342$181$93$46$13
50 years$596$327$170$86$42$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $610,000, adding $4,976 every year, while hoping to spend $40,455 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: 73/14/13 Blend
42$610,000$610,000$610,000$610,000
43$677,353$645,023$635,568$724,583
44$703,399$633,585$613,815$745,062
45$730,746$620,231$589,979$762,014
46$759,484$604,824$563,945$779,491
47$789,710$587,220$535,596$797,537
48$821,532$567,264$504,809$816,196
49$855,064$544,796$471,456$835,522
50$890,433$519,644$435,403$855,573
51$927,777$491,626$396,508$876,414
52$967,245$460,551$354,626$898,118
53$1,009,001$426,215$309,603$920,767
54$1,053,224$388,404$261,280$944,450
55$1,100,109$346,892$209,489$969,271
56$1,149,868$301,438$154,055$995,341
57$1,202,736$251,790$94,798$1,022,787
58$1,258,968$197,680$31,526$1,051,749
59$1,318,842$138,826$0$1,082,384
60$1,382,664$74,928$0$1,119,860
61$1,450,768$5,673$0$1,164,368
62$1,523,523$0$0$1,211,778
63$1,601,329$0$0$1,273,032
64$1,684,626$0$0$1,339,564
65$1,773,899$0$0$1,410,887
66$1,869,677$0$0$1,487,428
67$1,972,542$0$0$1,569,654
68$2,083,132$0$0$1,658,079
69$2,202,148$0$0$1,753,264
70$2,330,360$0$0$1,855,830
71$2,468,612$0$0$1,966,454
72$2,617,834$0$0$2,085,885
73$2,779,045$0$0$2,214,941
74$2,953,367$0$0$2,354,524
75$3,142,031$0$0$2,505,625
76$3,346,393$0$0$2,669,332
77$3,567,942$0$0$2,846,844
78$3,808,316$0$0$3,039,478
79$4,069,316$0$0$3,248,681
80$4,352,924$0$0$3,476,047
81$4,661,318$0$0$3,723,328
82$4,996,897$0$0$3,992,452
83$5,362,299$0$0$4,285,542
84$5,760,427$0$0$4,604,931
85$6,194,476$0$0$4,953,190
86$6,667,962$0$0$5,333,145
87$7,184,756$0$0$5,747,910
88$7,749,118$0$0$6,200,910
89$8,365,738$0$0$6,695,918
90$9,039,778$0$0$7,237,086
91$9,776,924$0$0$7,828,986
92$10,583,433$0$0$8,476,652
93$11,466,199$0$0$9,185,627
94$12,432,809$0$0$9,962,014
95$13,491,621$0$0$10,812,536
96$14,651,837$0$0$11,744,594
97$15,923,594$0$0$12,766,341
98$17,318,054$0$0$13,886,757
99$18,847,511$0$0$15,115,729
100$20,525,509$0$0$16,464,151