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%14.8%
1 years$53,676$53,198$52,732$52,276$51,832$50,806
2 years$26,572$26,078$25,598$25,133$24,682$23,653
3 years$17,539$17,042$16,564$16,103$15,659$14,659
4 years$13,023$12,528$12,054$11,601$11,168$10,204
5 years$10,314$9,822$9,354$8,911$8,490$7,565
6 years$8,509$8,020$7,560$7,126$6,718$5,833
7 years$7,220$6,735$6,282$5,859$5,463$4,619
8 years$6,254$5,773$5,328$4,915$4,532$3,728
9 years$5,503$5,027$4,589$4,186$3,817$3,053
10 years$4,902$4,431$4,001$3,609$3,252$2,527
11 years$4,411$3,945$3,522$3,141$2,797$2,110
12 years$4,002$3,540$3,126$2,755$2,424$1,774
13 years$3,656$3,200$2,793$2,432$2,114$1,499
14 years$3,360$2,908$2,509$2,159$1,853$1,273
15 years$3,104$2,657$2,266$1,925$1,631$1,085
16 years$2,880$2,438$2,054$1,724$1,442$928
17 years$2,682$2,245$1,869$1,549$1,278$796
18 years$2,507$2,074$1,706$1,396$1,137$684
19 years$2,350$1,923$1,562$1,261$1,013$589
20 years$2,209$1,786$1,433$1,142$905$508
21 years$2,082$1,664$1,319$1,037$810$439
22 years$1,966$1,553$1,215$943$726$379
23 years$1,861$1,453$1,122$858$652$328
24 years$1,764$1,361$1,038$783$586$284
25 years$1,676$1,277$961$715$527$246
26 years$1,594$1,201$891$654$475$214
27 years$1,519$1,130$828$598$428$185
28 years$1,449$1,065$769$548$386$161
29 years$1,384$1,004$716$503$349$140
30 years$1,323$949$667$461$315$122
31 years$1,267$897$622$424$285$106
32 years$1,214$848$580$390$258$92
33 years$1,164$803$542$358$233$80
34 years$1,117$762$506$330$211$70
35 years$1,074$722$473$303$191$60
36 years$1,032$686$443$279$173$53
37 years$993$651$414$257$157$46
38 years$957$619$388$237$142$40
39 years$922$588$364$219$129$35
40 years$889$560$341$202$117$30
41 years$857$533$319$186$106$26
42 years$828$508$300$172$96$23
43 years$799$484$281$159$87$20
44 years$772$461$264$146$79$17
45 years$747$440$248$135$72$15
46 years$722$419$233$125$65$13
47 years$699$400$219$115$59$11
48 years$676$382$206$107$54$10
49 years$655$365$193$99$49$9
50 years$635$348$182$91$45$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $650,000, adding $3,550 every year, while hoping to spend $28,929 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: 49/37/14 Blend
42$650,000$650,000$650,000$650,000
43$719,962$685,512$675,437$752,295
44$762,618$688,322$667,284$777,747
45$808,655$690,300$657,888$802,085
46$858,388$691,374$647,177$827,880
47$912,162$691,470$635,076$855,278
48$970,357$690,507$621,506$884,442
49$1,033,390$688,398$606,383$915,552
50$1,101,720$685,054$589,621$948,808
51$1,175,852$680,378$571,130$984,433
52$1,256,341$674,269$550,815$1,022,672
53$1,343,797$666,617$528,576$1,063,800
54$1,438,892$657,309$504,311$1,108,118
55$1,542,364$646,223$477,911$1,155,965
56$1,655,027$633,229$449,263$1,207,712
57$1,777,774$618,192$418,248$1,263,771
58$1,911,591$600,968$384,743$1,324,602
59$2,057,561$581,402$348,619$1,390,711
60$2,216,875$559,334$309,741$1,462,659
61$2,390,847$534,592$267,968$1,541,070
62$2,580,921$506,995$223,153$1,626,630
63$2,788,689$476,351$175,142$1,720,103
64$3,015,901$442,458$123,775$1,822,333
65$3,264,485$405,101$68,884$1,934,254
66$3,536,566$364,054$10,295$2,056,898
67$3,834,481$319,078$0$2,191,410
68$4,160,804$269,919$0$2,346,857
69$4,518,371$216,310$0$2,518,982
70$4,910,305$157,969$0$2,707,823
71$5,340,044$94,598$0$2,915,121
72$5,811,377$25,882$0$3,142,800
73$6,328,475$0$0$3,392,982
74$6,895,934$0$0$3,687,764
75$7,518,815$0$0$4,022,976
76$8,202,694$0$0$4,391,091
77$8,953,714$0$0$4,795,423
78$9,778,638$0$0$5,239,625
79$10,684,922$0$0$5,727,720
80$11,680,777$0$0$6,264,140
81$12,775,247$0$0$6,853,770
82$13,978,298$0$0$7,501,989
83$15,300,910$0$0$8,214,723
84$16,755,179$0$0$8,998,504
85$18,354,430$0$0$9,860,526
86$20,113,347$0$0$10,808,715
87$22,048,107$0$0$11,851,806
88$24,176,533$0$0$12,999,421
89$26,518,264$0$0$14,262,162
90$29,094,936$0$0$15,651,713
91$31,930,390$0$0$17,180,944
92$35,050,896$0$0$18,864,039
93$38,485,397$0$0$20,716,625
94$42,265,786$0$0$22,755,920
95$46,427,203$0$0$25,000,899
96$51,008,369$0$0$27,472,468
97$56,051,949$0$0$30,193,663
98$61,604,959$0$0$33,189,869
99$67,719,199$0$0$36,489,056
100$74,451,755$0$0$40,122,046