Can I retire at age 43 with 720,000?

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 $720,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$59,457$58,927$58,411$57,906$57,414$55,800
2 years$29,434$28,886$28,355$27,840$27,340$25,726
3 years$19,428$18,877$18,347$17,837$17,346$15,782
4 years$14,426$13,877$13,352$12,851$12,371$10,871
5 years$11,425$10,880$10,362$9,870$9,404$7,971
6 years$9,425$8,884$8,374$7,894$7,441$6,076
7 years$7,998$7,461$6,959$6,490$6,052$4,755
8 years$6,927$6,395$5,902$5,444$5,020$3,791
9 years$6,095$5,568$5,083$4,637$4,228$3,065
10 years$5,430$4,908$4,431$3,997$3,602$2,504
11 years$4,886$4,369$3,901$3,479$3,098$2,063
12 years$4,433$3,922$3,462$3,051$2,685$1,711
13 years$4,050$3,544$3,093$2,694$2,341$1,426
14 years$3,722$3,221$2,779$2,391$2,052$1,194
15 years$3,438$2,943$2,509$2,133$1,807$1,003
16 years$3,190$2,700$2,275$1,910$1,597$845
17 years$2,971$2,487$2,070$1,716$1,416$713
18 years$2,777$2,298$1,890$1,546$1,259$604
19 years$2,603$2,130$1,730$1,397$1,122$512
20 years$2,447$1,979$1,588$1,265$1,002$434
21 years$2,306$1,843$1,461$1,148$897$369
22 years$2,178$1,721$1,346$1,044$804$314
23 years$2,061$1,609$1,243$951$722$267
24 years$1,954$1,508$1,149$867$649$228
25 years$1,856$1,415$1,065$792$584$194
26 years$1,766$1,330$987$724$526$166
27 years$1,682$1,252$917$663$474$141
28 years$1,605$1,179$852$607$428$121
29 years$1,533$1,113$793$557$386$103
30 years$1,466$1,051$739$511$349$88
31 years$1,403$993$689$469$316$75
32 years$1,344$940$643$431$285$64
33 years$1,289$890$600$397$258$55
34 years$1,238$844$561$365$234$47
35 years$1,189$800$524$336$212$40
36 years$1,144$759$490$309$192$34
37 years$1,100$721$459$285$174$29
38 years$1,060$685$430$263$158$25
39 years$1,021$652$403$242$143$21
40 years$984$620$377$224$130$18
41 years$950$590$354$206$118$16
42 years$917$562$332$190$107$13
43 years$885$536$312$176$97$11
44 years$855$511$292$162$88$10
45 years$827$487$275$150$80$8
46 years$800$464$258$138$73$7
47 years$774$443$242$128$66$6
48 years$749$423$228$118$60$5
49 years$726$404$214$109$54$4
50 years$703$386$201$101$49$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $720,000, adding $4,581 every year, while hoping to spend $51,925 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: 35/38/27 Blend
42$720,000$720,000$720,000$720,000
43$798,165$760,005$748,845$819,468
44$824,330$741,998$718,684$817,765
45$851,424$721,368$685,772$810,918
46$879,486$697,931$649,962$802,521
47$908,559$671,495$611,101$792,469
48$938,687$641,853$569,028$780,655
49$969,918$608,789$523,575$766,962
50$1,002,302$572,073$474,567$751,270
51$1,035,893$531,461$421,822$733,452
52$1,070,749$486,696$365,147$713,374
53$1,106,929$437,508$304,343$690,895
54$1,144,499$383,609$239,202$665,869
55$1,183,528$324,696$169,505$638,141
56$1,224,090$260,449$95,026$607,547
57$1,266,264$190,528$15,527$573,918
58$1,310,136$114,576$0$537,075
59$1,355,796$32,217$0$516,799
60$1,403,342$0$0$498,996
61$1,452,879$0$0$502,875
62$1,504,521$0$0$520,982
63$1,558,389$0$0$539,890
64$1,614,614$0$0$559,649
65$1,673,338$0$0$580,311
66$1,734,714$0$0$601,933
67$1,798,907$0$0$624,578
68$1,866,097$0$0$648,311
69$1,936,476$0$0$673,206
70$2,010,255$0$0$699,341
71$2,087,662$0$0$726,802
72$2,168,943$0$0$755,683
73$2,254,368$0$0$786,084
74$2,344,229$0$0$818,115
75$2,438,842$0$0$851,897
76$2,538,555$0$0$887,560
77$2,643,743$0$0$925,246
78$2,754,817$0$0$965,113
79$2,872,226$0$0$1,007,328
80$2,996,457$0$0$1,052,079
81$3,128,045$0$0$1,099,567
82$3,267,571$0$0$1,150,015
83$3,415,675$0$0$1,203,664
84$3,573,051$0$0$1,260,781
85$3,740,463$0$0$1,321,655
86$3,918,744$0$0$1,386,605
87$4,108,807$0$0$1,455,980
88$4,311,653$0$0$1,530,161
89$4,528,377$0$0$1,609,566
90$4,760,180$0$0$1,694,657
91$5,008,380$0$0$1,785,935
92$5,274,420$0$0$1,883,954
93$5,559,884$0$0$1,989,320
94$5,866,510$0$0$2,102,699
95$6,196,208$0$0$2,224,823
96$6,551,071$0$0$2,356,495
97$6,933,400$0$0$2,498,596
98$7,345,721$0$0$2,652,097
99$7,790,810$0$0$2,818,061
100$8,271,717$0$0$2,997,661