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%19.7%
1 years$60,283$59,746$59,222$58,711$58,211$55,946
2 years$29,843$29,287$28,748$28,226$27,720$25,465
3 years$19,698$19,139$18,602$18,085$17,586$15,413
4 years$14,626$14,070$13,538$13,029$12,543$10,467
5 years$11,584$11,031$10,506$10,008$9,535$7,562
6 years$9,556$9,007$8,490$8,003$7,545$5,677
7 years$8,109$7,564$7,055$6,580$6,136$4,372
8 years$7,024$6,484$5,984$5,520$5,090$3,429
9 years$6,180$5,646$5,154$4,702$4,287$2,725
10 years$5,505$4,976$4,493$4,053$3,652$2,187
11 years$4,954$4,430$3,956$3,527$3,141$1,770
12 years$4,495$3,976$3,510$3,094$2,722$1,440
13 years$4,106$3,593$3,136$2,731$2,374$1,178
14 years$3,774$3,266$2,818$2,425$2,081$967
15 years$3,486$2,984$2,544$2,162$1,832$796
16 years$3,234$2,738$2,307$1,936$1,619$657
17 years$3,012$2,521$2,099$1,740$1,436$544
18 years$2,815$2,330$1,916$1,568$1,277$451
19 years$2,639$2,159$1,754$1,417$1,138$374
20 years$2,481$2,006$1,610$1,283$1,016$311
21 years$2,338$1,869$1,481$1,164$910$258
22 years$2,208$1,745$1,365$1,059$815$215
23 years$2,090$1,632$1,260$964$732$179
24 years$1,982$1,529$1,165$879$658$149
25 years$1,882$1,435$1,079$803$592$124
26 years$1,790$1,348$1,001$734$533$104
27 years$1,706$1,269$930$672$481$87
28 years$1,627$1,196$864$616$434$72
29 years$1,554$1,128$804$565$392$60
30 years$1,486$1,065$749$518$354$50
31 years$1,422$1,007$698$476$320$42
32 years$1,363$953$652$437$289$35
33 years$1,307$902$608$402$262$29
34 years$1,255$855$568$370$237$24
35 years$1,206$811$531$341$215$20
36 years$1,159$770$497$314$195$17
37 years$1,116$731$465$289$176$14
38 years$1,074$695$436$266$160$12
39 years$1,035$661$408$246$145$10
40 years$998$629$383$227$132$8
41 years$963$598$359$209$119$7
42 years$929$570$337$193$108$6
43 years$898$543$316$178$98$5
44 years$867$518$296$164$89$4
45 years$839$494$278$152$81$3
46 years$811$471$261$140$74$3
47 years$785$449$246$130$67$2
48 years$760$429$231$120$61$2
49 years$736$410$217$111$55$2
50 years$713$391$204$102$50$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $730,000, adding $6,375 every year, while hoping to spend $42,461 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: 48/37/15 Blend
42$730,000$730,000$730,000$730,000
43$811,036$772,346$761,031$846,281
44$848,583$765,013$741,347$863,976
45$888,537$755,897$719,581$878,301
46$931,099$744,867$695,618$892,924
47$976,488$731,782$669,338$907,889
48$1,024,944$716,494$640,615$923,247
49$1,076,732$698,846$609,319$939,055
50$1,132,141$678,671$575,313$955,382
51$1,191,487$655,793$538,454$972,304
52$1,255,118$630,027$498,592$989,909
53$1,323,415$601,174$455,570$1,008,299
54$1,396,798$569,025$409,226$1,027,589
55$1,475,725$533,361$359,389$1,047,910
56$1,560,701$493,948$305,880$1,069,411
57$1,652,280$450,539$248,514$1,092,259
58$1,751,070$402,872$187,097$1,116,647
59$1,857,740$350,674$121,425$1,142,789
60$1,973,023$293,651$51,288$1,170,928
61$2,097,729$231,497$0$1,201,337
62$2,232,743$163,886$0$1,238,095
63$2,379,042$90,476$0$1,286,782
64$2,537,697$10,902$0$1,339,607
65$2,709,890$0$0$1,397,045
66$2,896,916$0$0$1,490,250
67$3,100,204$0$0$1,596,455
68$3,321,322$0$0$1,712,050
69$3,561,999$0$0$1,837,947
70$3,824,135$0$0$1,975,151
71$4,109,822$0$0$2,124,766
72$4,421,360$0$0$2,288,009
73$4,761,284$0$0$2,466,218
74$5,132,383$0$0$2,660,866
75$5,537,725$0$0$2,873,576
76$5,980,689$0$0$3,106,133
77$6,464,997$0$0$3,360,504
78$6,994,744$0$0$3,638,854
79$7,574,440$0$0$3,943,566
80$8,209,051$0$0$4,277,265
81$8,904,046$0$0$4,642,842
82$9,665,448$0$0$5,043,481
83$10,499,887$0$0$5,482,688
84$11,414,670$0$0$5,964,324
85$12,417,840$0$0$6,492,643
86$13,518,257$0$0$7,072,329
87$14,725,682$0$0$7,708,543
88$16,050,864$0$0$8,406,967
89$17,505,644$0$0$9,173,864
90$19,103,065$0$0$10,016,129
91$20,857,497$0$0$10,941,362
92$22,784,768$0$0$11,957,931
93$24,902,313$0$0$13,075,058
94$27,229,344$0$0$14,302,900
95$29,787,022$0$0$15,652,649
96$32,598,663$0$0$17,136,634
97$35,689,951$0$0$18,768,439
98$39,089,188$0$0$20,563,031
99$42,827,550$0$0$22,536,897
100$46,939,390$0$0$24,708,205