Can I retire at age 43 with 640,000?

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 $640,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$52,851$52,380$51,921$51,472$51,034$50,607
2 years$26,164$25,676$25,204$24,746$24,302$23,871
3 years$17,269$16,780$16,309$15,855$15,418$14,997
4 years$12,823$12,335$11,869$11,423$10,996$10,589
5 years$10,156$9,671$9,211$8,774$8,359$7,966
6 years$8,378$7,897$7,443$7,016$6,614$6,236
7 years$7,109$6,632$6,186$5,769$5,379$5,016
8 years$6,158$5,685$5,246$4,839$4,463$4,114
9 years$5,418$4,950$4,518$4,122$3,758$3,425
10 years$4,827$4,363$3,939$3,553$3,202$2,884
11 years$4,343$3,884$3,468$3,092$2,754$2,450
12 years$3,941$3,486$3,078$2,712$2,387$2,097
13 years$3,600$3,150$2,750$2,395$2,081$1,806
14 years$3,309$2,864$2,471$2,126$1,824$1,562
15 years$3,056$2,616$2,231$1,896$1,606$1,357
16 years$2,835$2,400$2,022$1,697$1,420$1,184
17 years$2,641$2,210$1,840$1,525$1,259$1,035
18 years$2,468$2,042$1,680$1,374$1,119$908
19 years$2,314$1,893$1,538$1,242$998$798
20 years$2,175$1,759$1,411$1,125$891$702
21 years$2,050$1,638$1,298$1,021$797$619
22 years$1,936$1,529$1,197$928$715$547
23 years$1,832$1,430$1,105$845$642$484
24 years$1,737$1,340$1,022$771$577$428
25 years$1,650$1,258$946$704$519$380
26 years$1,570$1,182$878$644$467$337
27 years$1,495$1,112$815$589$421$299
28 years$1,426$1,048$758$540$380$265
29 years$1,362$989$705$495$343$236
30 years$1,303$934$657$454$310$210
31 years$1,247$883$612$417$280$187
32 years$1,195$835$571$384$254$166
33 years$1,146$791$533$353$230$148
34 years$1,100$750$498$324$208$132
35 years$1,057$711$466$299$188$117
36 years$1,016$675$436$275$171$104
37 years$978$641$408$253$155$93
38 years$942$609$382$234$140$83
39 years$908$579$358$215$127$74
40 years$875$551$335$199$115$66
41 years$844$525$315$183$105$59
42 years$815$500$295$169$95$52
43 years$787$476$277$156$86$47
44 years$760$454$260$144$78$42
45 years$735$433$244$133$71$37
46 years$711$413$229$123$64$33
47 years$688$394$215$114$59$30
48 years$666$376$202$105$53$26
49 years$645$359$190$97$48$24
50 years$625$343$179$90$44$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $640,000, adding $5,759 every year, while hoping to spend $43,687 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: 54/37/9 Blend
42$640,000$640,000$640,000$640,000
43$711,220$677,300$667,380$747,737
44$737,282$664,005$643,255$759,838
45$764,538$648,595$616,857$767,732
46$793,064$630,919$588,065$775,284
47$822,941$610,819$556,750$782,468
48$854,259$588,127$522,779$789,260
49$887,114$562,666$486,012$795,635
50$921,610$534,247$446,304$801,570
51$957,862$502,672$403,503$807,040
52$995,991$467,730$357,448$812,024
53$1,036,133$429,200$307,973$816,498
54$1,078,435$386,847$254,906$820,443
55$1,123,054$340,421$198,064$823,841
56$1,170,165$289,661$137,259$826,675
57$1,219,956$234,289$72,292$828,933
58$1,272,636$174,013$2,957$830,605
59$1,328,428$108,523$0$831,684
60$1,387,580$37,493$0$838,991
61$1,450,360$0$0$846,456
62$1,517,062$0$0$869,880
63$1,588,010$0$0$911,064
64$1,663,555$0$0$954,950
65$1,744,083$0$0$1,001,768
66$1,830,016$0$0$1,051,768
67$1,921,818$0$0$1,105,225
68$2,019,995$0$0$1,162,438
69$2,125,104$0$0$1,223,738
70$2,237,755$0$0$1,289,487
71$2,358,617$0$0$1,360,082
72$2,488,425$0$0$1,435,958
73$2,627,983$0$0$1,517,593
74$2,778,177$0$0$1,605,513
75$2,939,978$0$0$1,700,295
76$3,114,453$0$0$1,802,571
77$3,302,775$0$0$1,913,038
78$3,506,230$0$0$2,032,460
79$3,726,236$0$0$2,161,679
80$3,964,346$0$0$2,301,618
81$4,222,272$0$0$2,453,294
82$4,501,893$0$0$2,617,823
83$4,805,278$0$0$2,796,435
84$5,134,700$0$0$2,990,480
85$5,492,661$0$0$3,201,445
86$5,881,911$0$0$3,430,966
87$6,305,479$0$0$3,680,841
88$6,766,694$0$0$3,953,051
89$7,269,222$0$0$4,249,775
90$7,817,096$0$0$4,573,410
91$8,414,755$0$0$4,926,596
92$9,067,085$0$0$5,312,238
93$9,779,465$0$0$5,733,533
94$10,557,815$0$0$6,194,004
95$11,408,653$0$0$6,697,525
96$12,339,156$0$0$7,248,366
97$13,357,225$0$0$7,851,224
98$14,471,560$0$0$8,511,275
99$15,691,743$0$0$9,234,217
100$17,028,323$0$0$10,026,324