Can I retire at age 43 with 650,000?

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 $650,000?

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%
1 years$53,676$53,198$52,732$52,276$51,832$51,376
2 years$26,572$26,078$25,598$25,133$24,682$24,223
3 years$17,539$17,042$16,564$16,103$15,659$15,211
4 years$13,023$12,528$12,054$11,601$11,168$10,734
5 years$10,314$9,822$9,354$8,911$8,490$8,071
6 years$8,509$8,020$7,560$7,126$6,718$6,315
7 years$7,220$6,735$6,282$5,859$5,463$5,077
8 years$6,254$5,773$5,328$4,915$4,532$4,162
9 years$5,503$5,027$4,589$4,186$3,817$3,462
10 years$4,902$4,431$4,001$3,609$3,252$2,914
11 years$4,411$3,945$3,522$3,141$2,797$2,474
12 years$4,002$3,540$3,126$2,755$2,424$2,116
13 years$3,656$3,200$2,793$2,432$2,114$1,821
14 years$3,360$2,908$2,509$2,159$1,853$1,574
15 years$3,104$2,657$2,266$1,925$1,631$1,367
16 years$2,880$2,438$2,054$1,724$1,442$1,191
17 years$2,682$2,245$1,869$1,549$1,278$1,041
18 years$2,507$2,074$1,706$1,396$1,137$912
19 years$2,350$1,923$1,562$1,261$1,013$801
20 years$2,209$1,786$1,433$1,142$905$705
21 years$2,082$1,664$1,319$1,037$810$621
22 years$1,966$1,553$1,215$943$726$548
23 years$1,861$1,453$1,122$858$652$484
24 years$1,764$1,361$1,038$783$586$429
25 years$1,676$1,277$961$715$527$379
26 years$1,594$1,201$891$654$475$336
27 years$1,519$1,130$828$598$428$298
28 years$1,449$1,065$769$548$386$265
29 years$1,384$1,004$716$503$349$235
30 years$1,323$949$667$461$315$209
31 years$1,267$897$622$424$285$186
32 years$1,214$848$580$390$258$165
33 years$1,164$803$542$358$233$147
34 years$1,117$762$506$330$211$131
35 years$1,074$722$473$303$191$116
36 years$1,032$686$443$279$173$103
37 years$993$651$414$257$157$92
38 years$957$619$388$237$142$82
39 years$922$588$364$219$129$73
40 years$889$560$341$202$117$65
41 years$857$533$319$186$106$58
42 years$828$508$300$172$96$52
43 years$799$484$281$159$87$46
44 years$772$461$264$146$79$41
45 years$747$440$248$135$72$37
46 years$722$419$233$125$65$33
47 years$699$400$219$115$59$29
48 years$676$382$206$107$54$26
49 years$655$365$193$99$49$23
50 years$635$348$182$91$45$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $650,000, adding $6,560 every year, while hoping to spend $49,182 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: 51/39/10 Blend
42$650,000$650,000$650,000$650,000
43$723,067$688,617$678,542$757,721
44$744,490$670,030$648,944$763,500
45$766,451$648,883$616,705$763,982
46$788,951$625,001$581,687$763,364
47$811,992$598,194$543,742$761,556
48$835,574$568,265$502,716$758,460
49$859,696$535,003$458,450$753,973
50$884,353$498,186$410,777$747,985
51$909,539$457,580$359,520$740,379
52$935,247$412,936$304,499$731,029
53$961,464$363,992$245,522$719,802
54$988,176$310,470$182,390$706,556
55$1,015,366$252,078$114,895$691,140
56$1,043,009$188,507$42,820$673,392
57$1,071,081$119,429$0$653,141
58$1,099,550$44,499$0$633,842
59$1,128,378$0$0$616,772
60$1,157,521$0$0$612,905
61$1,186,929$0$0$628,247
62$1,216,544$0$0$643,668
63$1,246,300$0$0$659,130
64$1,276,119$0$0$674,587
65$1,305,914$0$0$689,990
66$1,335,587$0$0$705,282
67$1,365,025$0$0$720,399
68$1,394,102$0$0$735,267
69$1,422,675$0$0$749,806
70$1,450,583$0$0$763,924
71$1,477,646$0$0$777,516
72$1,503,661$0$0$790,470
73$1,528,402$0$0$802,654
74$1,551,614$0$0$813,925
75$1,573,014$0$0$824,121
76$1,592,286$0$0$833,064
77$1,609,076$0$0$840,553
78$1,622,992$0$0$846,365
79$1,633,596$0$0$850,252
80$1,640,400$0$0$851,939
81$1,642,864$0$0$851,119
82$1,640,387$0$0$847,452
83$1,632,300$0$0$840,561
84$1,617,864$0$0$830,027
85$1,596,255$0$0$815,387
86$1,566,563$0$0$796,125
87$1,527,779$0$0$771,671
88$1,478,784$0$0$741,395
89$1,418,339$0$0$704,598
90$1,345,073$0$0$660,506
91$1,257,470$0$0$608,265
92$1,153,849$0$0$546,926
93$1,032,355$0$0$475,445
94$890,934$0$0$392,664
95$727,317$0$0$297,304
96$538,994$0$0$187,951
97$323,193$0$0$63,045
98$76,851$0$0$0
99$0$0$0$0
100$0$0$0$0