Can I retire at age 43 with 680,000?

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 $680,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$56,154$55,654$55,166$54,689$54,224$53,882
2 years$27,799$27,281$26,779$26,293$25,821$25,476
3 years$18,349$17,829$17,328$16,846$16,382$16,045
4 years$13,624$13,106$12,610$12,137$11,684$11,357
5 years$10,790$10,275$9,786$9,322$8,882$8,566
6 years$8,902$8,390$7,909$7,455$7,028$6,724
7 years$7,553$7,046$6,572$6,129$5,716$5,424
8 years$6,542$6,040$5,574$5,142$4,742$4,461
9 years$5,757$5,259$4,801$4,379$3,993$3,725
10 years$5,128$4,635$4,185$3,775$3,402$3,146
11 years$4,615$4,127$3,685$3,286$2,926$2,681
12 years$4,187$3,704$3,270$2,882$2,536$2,302
13 years$3,825$3,347$2,922$2,544$2,211$1,988
14 years$3,515$3,043$2,625$2,258$1,938$1,726
15 years$3,247$2,779$2,370$2,014$1,707$1,505
16 years$3,013$2,550$2,149$1,803$1,508$1,316
17 years$2,806$2,348$1,955$1,620$1,337$1,155
18 years$2,622$2,170$1,785$1,460$1,189$1,017
19 years$2,459$2,011$1,634$1,320$1,060$897
20 years$2,311$1,869$1,500$1,195$947$792
21 years$2,178$1,741$1,379$1,085$847$701
22 years$2,057$1,625$1,271$986$759$622
23 years$1,947$1,520$1,174$898$682$552
24 years$1,846$1,424$1,086$819$613$490
25 years$1,753$1,336$1,005$748$551$436
26 years$1,668$1,256$933$684$497$389
27 years$1,589$1,182$866$626$448$346
28 years$1,516$1,114$805$574$404$309
29 years$1,448$1,051$749$526$365$275
30 years$1,384$992$698$483$330$246
31 years$1,325$938$651$443$298$220
32 years$1,270$888$607$407$270$196
33 years$1,218$841$567$375$244$175
34 years$1,169$797$530$345$221$157
35 years$1,123$756$495$317$200$140
36 years$1,080$717$463$292$181$126
37 years$1,039$681$433$269$164$112
38 years$1,001$647$406$248$149$101
39 years$964$616$380$229$135$90
40 years$930$586$356$211$123$81
41 years$897$558$334$195$111$72
42 years$866$531$314$180$101$65
43 years$836$506$294$166$92$58
44 years$808$482$276$153$83$52
45 years$781$460$259$141$75$47
46 years$755$439$244$131$68$42
47 years$731$419$229$121$62$37
48 years$708$400$215$112$56$34
49 years$685$382$202$103$51$30
50 years$664$365$190$95$47$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $680,000, adding $2,523 every year, while hoping to spend $28,795 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: 60/35/5 Blend
42$680,000$680,000$680,000$680,000
43$751,962$715,922$705,382$796,291
44$798,025$720,365$698,375$830,676
45$847,821$724,060$690,168$864,611
46$901,700$726,941$680,690$900,884
47$960,049$728,936$669,868$939,719
48$1,023,289$729,970$657,625$981,366
49$1,091,888$729,961$643,878$1,026,097
50$1,166,357$728,826$628,544$1,074,217
51$1,247,259$726,472$611,534$1,126,059
52$1,335,214$722,803$592,756$1,181,994
53$1,430,904$717,719$572,111$1,242,429
54$1,535,078$711,109$549,498$1,307,816
55$1,648,562$702,859$524,812$1,378,652
56$1,772,264$692,848$497,942$1,455,488
57$1,907,183$680,946$468,772$1,538,931
58$2,054,419$667,016$437,179$1,629,653
59$2,215,184$650,914$403,039$1,728,394
60$2,390,810$632,486$366,218$1,835,972
61$2,582,765$611,570$326,579$1,953,292
62$2,792,664$587,994$283,976$2,081,351
63$3,022,287$561,576$238,260$2,221,250
64$3,273,591$532,124$189,272$2,374,207
65$3,548,733$499,435$136,849$2,541,564
66$3,850,089$463,292$80,819$2,724,804
67$4,180,274$423,469$21,002$2,925,563
68$4,542,168$379,726$0$3,145,648
69$4,938,944$331,807$0$3,389,339
70$5,374,096$279,445$0$3,657,896
71$5,851,471$222,355$0$3,952,637
72$6,375,310$160,239$0$4,276,256
73$6,950,279$92,778$0$4,631,723
74$7,581,524$19,640$0$5,022,317
75$8,274,708$0$0$5,451,653
76$9,036,073$0$0$5,946,648
77$9,872,493$0$0$6,498,807
78$10,791,543$0$0$7,105,572
79$11,801,565$0$0$7,772,461
80$12,911,752$0$0$8,505,548
81$14,132,231$0$0$9,311,530
82$15,474,158$0$0$10,197,782
83$16,949,826$0$0$11,172,431
84$18,572,777$0$0$12,244,431
85$20,357,932$0$0$13,423,644
86$22,321,731$0$0$14,720,942
87$24,482,287$0$0$16,148,299
88$26,859,557$0$0$17,718,909
89$29,475,532$0$0$19,447,312
90$32,354,439$0$0$21,349,525
91$35,522,975$0$0$23,443,200
92$39,010,557$0$0$25,747,784
93$42,849,595$0$0$28,284,707
94$47,075,804$0$0$31,077,582
95$51,728,536$0$0$34,152,426
96$56,851,153$0$0$37,537,911
97$62,491,435$0$0$41,265,625
98$68,702,033$0$0$45,370,381
99$75,540,960$0$0$49,890,534
100$83,072,145$0$0$54,868,353