Can I retire at age 43 with 670,000?

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 $670,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$55,328$54,835$54,354$53,885$53,427$51,883
2 years$27,390$26,880$26,386$25,906$25,441$23,898
3 years$18,079$17,566$17,073$16,598$16,141$14,647
4 years$13,424$12,913$12,425$11,958$11,512$10,078
5 years$10,632$10,124$9,642$9,185$8,751$7,382
6 years$8,771$8,267$7,792$7,345$6,924$5,621
7 years$7,442$6,943$6,476$6,039$5,631$4,394
8 years$6,446$5,951$5,492$5,066$4,672$3,499
9 years$5,672$5,182$4,730$4,315$3,934$2,825
10 years$5,053$4,567$4,124$3,720$3,352$2,306
11 years$4,547$4,066$3,630$3,237$2,883$1,897
12 years$4,125$3,649$3,222$2,839$2,498$1,571
13 years$3,769$3,298$2,879$2,507$2,179$1,308
14 years$3,464$2,998$2,586$2,225$1,910$1,093
15 years$3,199$2,739$2,335$1,985$1,682$917
16 years$2,968$2,513$2,117$1,777$1,486$771
17 years$2,765$2,314$1,927$1,597$1,318$651
18 years$2,584$2,138$1,759$1,439$1,172$550
19 years$2,422$1,982$1,610$1,300$1,044$465
20 years$2,277$1,841$1,478$1,178$933$394
21 years$2,146$1,715$1,359$1,069$835$335
22 years$2,027$1,601$1,253$972$748$284
23 years$1,918$1,497$1,157$885$672$241
24 years$1,819$1,403$1,070$807$604$205
25 years$1,727$1,317$991$737$543$175
26 years$1,643$1,237$919$674$489$149
27 years$1,565$1,165$853$617$441$127
28 years$1,493$1,097$793$565$398$108
29 years$1,426$1,035$738$518$359$92
30 years$1,364$978$688$476$325$79
31 years$1,306$924$641$437$294$67
32 years$1,251$875$598$401$266$57
33 years$1,200$828$558$369$240$49
34 years$1,152$785$522$340$218$42
35 years$1,107$745$488$313$197$36
36 years$1,064$707$456$288$179$30
37 years$1,024$671$427$265$162$26
38 years$986$638$400$245$147$22
39 years$950$607$375$226$133$19
40 years$916$577$351$208$121$16
41 years$884$549$329$192$110$14
42 years$853$523$309$177$99$12
43 years$824$498$290$163$90$10
44 years$796$475$272$151$82$9
45 years$770$453$255$139$74$7
46 years$744$432$240$129$67$6
47 years$720$412$225$119$61$5
48 years$697$394$212$110$56$5
49 years$675$376$199$102$51$4
50 years$654$359$187$94$46$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $670,000, adding $2,411 every year, while hoping to spend $48,344 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: 82/11/7 Blend
42$670,000$670,000$670,000$670,000
43$740,827$705,317$694,932$800,875
44$764,954$688,440$666,775$823,620
45$789,921$669,115$636,054$841,877
46$815,764$647,173$602,632$860,432
47$842,518$622,431$566,367$879,288
48$870,224$594,699$527,109$898,446
49$898,921$563,773$484,701$917,909
50$928,653$529,440$438,981$937,679
51$959,466$491,473$389,777$957,761
52$991,409$449,633$336,912$978,157
53$1,024,533$403,665$280,199$998,873
54$1,058,894$353,304$219,445$1,019,912
55$1,094,551$298,265$154,445$1,041,281
56$1,131,565$238,250$84,990$1,062,987
57$1,170,004$172,944$10,856$1,085,038
58$1,209,939$102,013$0$1,107,444
59$1,251,446$25,105$0$1,135,313
60$1,294,607$0$0$1,164,757
61$1,339,509$0$0$1,202,036
62$1,386,246$0$0$1,244,005
63$1,434,918$0$0$1,287,714
64$1,485,634$0$0$1,333,262
65$1,538,510$0$0$1,380,752
66$1,593,671$0$0$1,430,299
67$1,651,254$0$0$1,482,024
68$1,711,403$0$0$1,536,059
69$1,774,277$0$0$1,592,545
70$1,840,046$0$0$1,651,637
71$1,908,894$0$0$1,713,502
72$1,981,021$0$0$1,778,318
73$2,056,644$0$0$1,846,282
74$2,135,997$0$0$1,917,605
75$2,219,336$0$0$1,992,518
76$2,306,939$0$0$2,071,270
77$2,399,105$0$0$2,154,134
78$2,496,163$0$0$2,241,405
79$2,598,470$0$0$2,333,406
80$2,706,415$0$0$2,430,487
81$2,820,422$0$0$2,533,031
82$2,940,953$0$0$2,641,456
83$3,068,512$0$0$2,756,216
84$3,203,652$0$0$2,877,811
85$3,346,974$0$0$3,006,782
86$3,499,135$0$0$3,143,725
87$3,660,857$0$0$3,289,288
88$3,832,926$0$0$3,444,184
89$4,016,203$0$0$3,609,190
90$4,211,633$0$0$3,785,158
91$4,420,249$0$0$3,973,021
92$4,643,183$0$0$4,173,802
93$4,881,676$0$0$4,388,623
94$5,137,090$0$0$4,618,711
95$5,410,917$0$0$4,865,416
96$5,704,794$0$0$5,130,216
97$6,020,518$0$0$5,414,733
98$6,360,062$0$0$5,720,751
99$6,725,591$0$0$6,050,225
100$7,119,484$0$0$6,405,302