Can I retire at age 43 with 630,000?

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 $630,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$52,025$51,561$51,109$50,668$50,237$48,378
2 years$25,755$25,275$24,810$24,360$23,922$22,070
3 years$16,999$16,518$16,054$15,607$15,177$13,390
4 years$12,622$12,142$11,683$11,244$10,825$9,117
5 years$9,997$9,520$9,067$8,637$8,229$6,604
6 years$8,247$7,773$7,327$6,907$6,511$4,971
7 years$6,998$6,528$6,089$5,678$5,295$3,839
8 years$6,061$5,596$5,164$4,764$4,393$3,020
9 years$5,333$4,872$4,448$4,057$3,699$2,407
10 years$4,751$4,295$3,878$3,498$3,152$1,939
11 years$4,275$3,823$3,414$3,044$2,711$1,574
12 years$3,879$3,432$3,030$2,670$2,349$1,285
13 years$3,544$3,101$2,707$2,357$2,049$1,055
14 years$3,257$2,819$2,432$2,092$1,796$869
15 years$3,008$2,575$2,196$1,866$1,581$718
16 years$2,791$2,363$1,991$1,671$1,397$595
17 years$2,600$2,176$1,812$1,501$1,239$494
18 years$2,430$2,011$1,654$1,353$1,102$411
19 years$2,278$1,863$1,514$1,222$982$342
20 years$2,141$1,732$1,389$1,107$877$285
21 years$2,018$1,613$1,278$1,005$785$238
22 years$1,906$1,506$1,178$914$704$199
23 years$1,804$1,408$1,088$832$632$166
24 years$1,710$1,319$1,006$759$568$139
25 years$1,624$1,238$932$693$511$117
26 years$1,545$1,164$864$634$460$98
27 years$1,472$1,095$802$580$415$82
28 years$1,404$1,032$746$531$374$68
29 years$1,341$973$694$487$338$57
30 years$1,282$919$646$447$305$48
31 years$1,228$869$603$411$276$40
32 years$1,176$822$562$378$250$34
33 years$1,128$779$525$347$226$28
34 years$1,083$738$491$319$205$24
35 years$1,041$700$459$294$185$20
36 years$1,001$664$429$271$168$17
37 years$963$631$402$250$152$14
38 years$927$600$376$230$138$12
39 years$893$570$352$212$125$10
40 years$861$543$330$196$114$8
41 years$831$517$310$180$103$7
42 years$802$492$290$167$93$6
43 years$775$469$273$154$85$5
44 years$749$447$256$142$77$4
45 years$724$426$240$131$70$3
46 years$700$406$226$121$63$3
47 years$677$388$212$112$58$2
48 years$656$370$199$103$52$2
49 years$635$354$187$96$48$2
50 years$615$338$176$88$43$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $630,000, adding $2,077 every year, while hoping to spend $21,556 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: 56/24/20 Blend
42$630,000$630,000$630,000$630,000
43$696,402$663,012$653,247$731,548
44$744,500$672,565$652,196$765,313
45$796,781$681,862$650,386$799,598
46$853,650$690,871$647,771$836,477
47$915,550$699,551$644,300$876,203
48$982,972$707,865$639,919$919,057
49$1,056,452$715,767$634,574$965,350
50$1,136,584$723,214$628,206$1,015,423
51$1,224,019$730,155$620,754$1,069,654
52$1,319,475$736,538$612,155$1,128,459
53$1,423,741$742,309$602,343$1,192,299
54$1,537,688$747,407$591,246$1,261,679
55$1,662,272$751,769$578,792$1,337,161
56$1,798,547$755,329$564,905$1,419,362
57$1,947,674$758,016$549,505$1,508,964
58$2,110,931$759,753$532,508$1,606,718
59$2,289,725$760,459$513,825$1,713,456
60$2,485,605$760,050$493,367$1,830,093
61$2,700,278$758,435$471,036$1,957,639
62$2,935,624$755,516$446,734$2,097,210
63$3,193,713$751,191$420,354$2,250,036
64$3,476,825$745,352$391,789$2,417,474
65$3,787,470$737,884$360,923$2,601,021
66$4,128,416$728,663$327,638$2,802,328
67$4,502,708$717,562$291,808$3,023,219
68$4,913,704$704,443$253,304$3,265,703
69$5,365,101$689,159$211,988$3,531,996
70$5,860,972$671,559$167,720$3,824,545
71$6,405,803$651,477$120,351$4,146,047
72$7,004,538$628,743$69,726$4,499,476
73$7,662,623$603,172$15,683$4,888,115
74$8,386,056$574,573$0$5,315,582
75$9,181,447$542,741$0$5,794,829
76$10,056,078$507,459$0$6,325,452
77$11,017,973$468,500$0$6,908,992
78$12,075,971$425,621$0$7,550,845
79$13,239,811$378,567$0$8,256,956
80$14,520,223$327,068$0$9,033,878
81$15,929,030$270,839$0$9,888,836
82$17,479,261$209,579$0$10,829,792
83$19,185,266$142,970$0$11,865,525
84$21,062,863$70,675$0$13,005,709
85$23,129,476$0$0$14,261,008
86$25,404,308$0$0$15,645,201
87$27,908,514$0$0$17,189,579
88$30,665,408$0$0$18,889,864
89$33,700,678$0$0$20,761,907
90$37,042,628$0$0$22,823,174
91$40,722,447$0$0$25,092,912
92$44,774,505$0$0$27,592,330
93$49,236,671$0$0$30,344,796
94$54,150,676$0$0$33,376,062
95$59,562,504$0$0$36,714,505
96$65,522,824$0$0$40,391,393
97$72,087,472$0$0$44,441,181
98$79,317,976$0$0$48,901,838
99$87,282,136$0$0$53,815,204
100$96,054,662$0$0$59,227,382