Can I retire at age 43 with 730,000?

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 $730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$60,283$59,746$59,222$58,711$58,211$56,484
2 years$29,843$29,287$28,748$28,226$27,720$25,993
3 years$19,698$19,139$18,602$18,085$17,586$15,916
4 years$14,626$14,070$13,538$13,029$12,543$10,940
5 years$11,584$11,031$10,506$10,008$9,535$8,005
6 years$9,556$9,007$8,490$8,003$7,545$6,089
7 years$8,109$7,564$7,055$6,580$6,136$4,754
8 years$7,024$6,484$5,984$5,520$5,090$3,781
9 years$6,180$5,646$5,154$4,702$4,287$3,050
10 years$5,505$4,976$4,493$4,053$3,652$2,485
11 years$4,954$4,430$3,956$3,527$3,141$2,042
12 years$4,495$3,976$3,510$3,094$2,722$1,689
13 years$4,106$3,593$3,136$2,731$2,374$1,404
14 years$3,774$3,266$2,818$2,425$2,081$1,172
15 years$3,486$2,984$2,544$2,162$1,832$982
16 years$3,234$2,738$2,307$1,936$1,619$825
17 years$3,012$2,521$2,099$1,740$1,436$695
18 years$2,815$2,330$1,916$1,568$1,277$586
19 years$2,639$2,159$1,754$1,417$1,138$495
20 years$2,481$2,006$1,610$1,283$1,016$419
21 years$2,338$1,869$1,481$1,164$910$355
22 years$2,208$1,745$1,365$1,059$815$301
23 years$2,090$1,632$1,260$964$732$255
24 years$1,982$1,529$1,165$879$658$217
25 years$1,882$1,435$1,079$803$592$184
26 years$1,790$1,348$1,001$734$533$157
27 years$1,706$1,269$930$672$481$133
28 years$1,627$1,196$864$616$434$113
29 years$1,554$1,128$804$565$392$97
30 years$1,486$1,065$749$518$354$82
31 years$1,422$1,007$698$476$320$70
32 years$1,363$953$652$437$289$60
33 years$1,307$902$608$402$262$51
34 years$1,255$855$568$370$237$43
35 years$1,206$811$531$341$215$37
36 years$1,159$770$497$314$195$31
37 years$1,116$731$465$289$176$27
38 years$1,074$695$436$266$160$23
39 years$1,035$661$408$246$145$19
40 years$998$629$383$227$132$17
41 years$963$598$359$209$119$14
42 years$929$570$337$193$108$12
43 years$898$543$316$178$98$10
44 years$867$518$296$164$89$9
45 years$839$494$278$152$81$7
46 years$811$471$261$140$74$6
47 years$785$449$246$130$67$5
48 years$760$429$231$120$61$5
49 years$736$410$217$111$55$4
50 years$713$391$204$102$50$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $730,000, adding $4,197 every year, while hoping to spend $30,063 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: 68/26/6 Blend
42$730,000$730,000$730,000$730,000
43$808,789$770,099$758,784$862,799
44$859,299$775,847$752,217$904,864
45$913,953$780,869$744,422$946,791
46$973,143$785,098$735,326$991,822
47$1,037,297$788,462$724,854$1,040,255
48$1,106,890$790,885$712,925$1,092,419
49$1,182,441$792,287$699,455$1,148,677
50$1,264,521$792,580$684,358$1,209,427
51$1,353,759$791,674$667,542$1,275,111
52$1,450,848$789,471$648,910$1,346,215
53$1,556,549$785,870$628,363$1,423,275
54$1,671,699$780,759$605,795$1,506,883
55$1,797,221$774,025$581,098$1,597,691
56$1,934,128$765,543$554,155$1,696,419
57$2,083,539$755,184$524,849$1,803,862
58$2,246,681$742,809$493,052$1,920,894
59$2,424,908$728,273$458,636$2,048,482
60$2,619,710$711,420$421,461$2,187,692
61$2,832,727$692,086$381,387$2,339,700
62$3,065,765$670,097$338,262$2,505,801
63$3,320,811$645,270$291,933$2,687,427
64$3,600,056$617,411$242,235$2,886,154
65$3,905,910$586,312$188,998$3,103,724
66$4,241,029$551,758$132,045$3,342,055
67$4,608,337$513,516$71,191$3,603,265
68$5,011,053$471,345$6,243$3,889,688
69$5,452,726$424,986$0$4,203,901
70$5,937,262$374,168$0$4,552,780
71$6,468,963$318,603$0$4,936,111
72$7,052,570$257,987$0$5,356,962
73$7,693,304$192,001$0$5,819,158
74$8,396,916$120,304$0$6,326,917
75$9,169,742$42,539$0$6,884,889
76$10,018,760$0$0$7,498,200
77$10,951,660$0$0$8,184,426
78$11,976,912$0$0$8,952,006
79$13,103,848$0$0$9,795,762
80$14,342,748$0$0$10,723,396
81$15,704,938$0$0$11,743,395
82$17,202,897$0$0$12,865,110
83$18,850,373$0$0$14,098,842
84$20,662,515$0$0$15,455,943
85$22,656,012$0$0$16,948,916
86$24,849,252$0$0$18,591,541
87$27,262,495$0$0$20,399,001
88$29,918,066$0$0$22,388,021
89$32,840,561$0$0$24,577,033
90$36,057,083$0$0$26,986,346
91$39,597,493$0$0$29,638,336
92$43,494,697$0$0$32,557,660
93$47,784,950$0$0$35,771,486
94$52,508,205$0$0$39,309,749
95$57,708,480$0$0$43,205,437
96$63,434,284$0$0$47,494,897
97$69,739,065$0$0$52,218,180
98$76,681,719$0$0$57,419,421
99$84,327,147$0$0$63,147,251
100$92,746,861$0$0$69,455,258