Can I retire at age 43 with 660,000?

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 $660,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$54,502$54,017$53,543$53,081$52,629$50,541
2 years$26,981$26,479$25,992$25,520$25,062$22,984
3 years$17,809$17,304$16,818$16,351$15,900$13,898
4 years$13,224$12,720$12,239$11,780$11,340$9,429
5 years$10,473$9,973$9,498$9,048$8,621$6,805
6 years$8,640$8,144$7,676$7,236$6,821$5,103
7 years$7,331$6,839$6,379$5,949$5,547$3,925
8 years$6,350$5,862$5,410$4,990$4,602$3,075
9 years$5,587$5,104$4,659$4,251$3,876$2,440
10 years$4,977$4,499$4,062$3,664$3,302$1,957
11 years$4,479$4,005$3,576$3,189$2,840$1,581
12 years$4,064$3,595$3,174$2,797$2,461$1,285
13 years$3,713$3,249$2,836$2,469$2,146$1,049
14 years$3,412$2,953$2,548$2,192$1,881$860
15 years$3,152$2,698$2,300$1,955$1,656$708
16 years$2,924$2,475$2,086$1,750$1,464$583
17 years$2,723$2,279$1,898$1,573$1,298$482
18 years$2,545$2,106$1,732$1,417$1,154$399
19 years$2,386$1,952$1,586$1,281$1,029$330
20 years$2,243$1,814$1,456$1,160$919$274
21 years$2,114$1,690$1,339$1,053$822$228
22 years$1,996$1,577$1,234$957$737$189
23 years$1,889$1,475$1,139$872$662$157
24 years$1,792$1,382$1,054$795$595$131
25 years$1,702$1,297$976$726$535$109
26 years$1,619$1,219$905$664$482$91
27 years$1,542$1,147$840$608$435$75
28 years$1,471$1,081$781$557$392$63
29 years$1,405$1,020$727$511$354$52
30 years$1,343$963$677$469$320$44
31 years$1,286$910$631$430$289$36
32 years$1,232$861$589$395$262$30
33 years$1,182$816$550$364$237$25
34 years$1,135$773$514$335$214$21
35 years$1,090$733$480$308$194$18
36 years$1,048$696$449$284$176$15
37 years$1,009$661$421$261$159$12
38 years$971$628$394$241$145$10
39 years$936$597$369$222$131$8
40 years$902$568$346$205$119$7
41 years$871$541$324$189$108$6
42 years$840$515$304$174$98$5
43 years$812$491$286$161$89$4
44 years$784$468$268$149$81$3
45 years$758$446$252$137$73$3
46 years$733$426$236$127$66$2
47 years$710$406$222$117$60$2
48 years$687$388$209$108$55$2
49 years$665$370$196$100$50$1
50 years$644$354$184$93$45$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $660,000, adding $3,615 every year, while hoping to spend $41,436 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: 37/45/18 Blend
42$660,000$660,000$660,000$660,000
43$731,049$696,069$685,839$753,998
44$761,528$686,089$664,727$760,935
45$793,728$674,231$641,519$764,240
46$827,779$660,359$616,101$766,942
47$863,826$644,330$588,354$769,009
48$902,026$625,992$558,153$770,410
49$942,550$605,183$525,368$771,114
50$985,585$581,732$489,864$771,094
51$1,031,338$555,459$451,497$770,320
52$1,080,031$526,174$410,119$768,766
53$1,131,912$493,674$365,575$766,409
54$1,187,248$457,745$317,704$763,227
55$1,246,335$418,163$266,334$759,202
56$1,309,496$374,687$211,291$754,321
57$1,377,083$327,066$152,389$748,575
58$1,449,487$275,033$89,435$741,960
59$1,527,132$218,307$22,228$734,480
60$1,610,485$156,590$0$726,146
61$1,700,059$89,567$0$726,483
62$1,796,417$16,908$0$731,191
63$1,900,176$0$0$736,080
64$2,012,016$0$0$771,827
65$2,132,680$0$0$819,497
66$2,262,989$0$0$871,051
67$2,403,842$0$0$926,855
68$2,556,227$0$0$987,310
69$2,721,232$0$0$1,052,858
70$2,900,053$0$0$1,123,985
71$3,094,002$0$0$1,201,223
72$3,304,526$0$0$1,285,162
73$3,533,214$0$0$1,376,447
74$3,781,815$0$0$1,475,790
75$4,052,251$0$0$1,583,972
76$4,346,640$0$0$1,701,855
77$4,667,309$0$0$1,830,386
78$5,016,822$0$0$1,970,607
79$5,397,999$0$0$2,123,667
80$5,813,945$0$0$2,290,830
81$6,268,075$0$0$2,473,485
82$6,764,151$0$0$2,673,164
83$7,306,314$0$0$2,891,552
84$7,899,123$0$0$3,130,507
85$8,547,597$0$0$3,392,072
86$9,257,262$0$0$3,678,497
87$10,034,203$0$0$3,992,262
88$10,885,123$0$0$4,336,094
89$11,817,401$0$0$4,713,002
90$12,839,164$0$0$5,126,295
91$13,959,363$0$0$5,579,619
92$15,187,856$0$0$6,076,991
93$16,535,502$0$0$6,622,836
94$18,014,260$0$0$7,222,025
95$19,637,303$0$0$7,879,927
96$21,419,143$0$0$8,602,454
97$23,375,764$0$0$9,396,121
98$25,524,774$0$0$10,268,102
99$27,885,570$0$0$11,226,303
100$30,479,522$0$0$12,279,433