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%16.3%
1 years$60,283$59,746$59,222$58,711$58,211$56,712
2 years$29,843$29,287$28,748$28,226$27,720$26,219
3 years$19,698$19,139$18,602$18,085$17,586$16,132
4 years$14,626$14,070$13,538$13,029$12,543$11,145
5 years$11,584$11,031$10,506$10,008$9,535$8,198
6 years$9,556$9,007$8,490$8,003$7,545$6,269
7 years$8,109$7,564$7,055$6,580$6,136$4,923
8 years$7,024$6,484$5,984$5,520$5,090$3,939
9 years$6,180$5,646$5,154$4,702$4,287$3,196
10 years$5,505$4,976$4,493$4,053$3,652$2,621
11 years$4,954$4,430$3,956$3,527$3,141$2,168
12 years$4,495$3,976$3,510$3,094$2,722$1,804
13 years$4,106$3,593$3,136$2,731$2,374$1,510
14 years$3,774$3,266$2,818$2,425$2,081$1,270
15 years$3,486$2,984$2,544$2,162$1,832$1,071
16 years$3,234$2,738$2,307$1,936$1,619$906
17 years$3,012$2,521$2,099$1,740$1,436$769
18 years$2,815$2,330$1,916$1,568$1,277$653
19 years$2,639$2,159$1,754$1,417$1,138$556
20 years$2,481$2,006$1,610$1,283$1,016$474
21 years$2,338$1,869$1,481$1,164$910$405
22 years$2,208$1,745$1,365$1,059$815$346
23 years$2,090$1,632$1,260$964$732$296
24 years$1,982$1,529$1,165$879$658$253
25 years$1,882$1,435$1,079$803$592$217
26 years$1,790$1,348$1,001$734$533$186
27 years$1,706$1,269$930$672$481$159
28 years$1,627$1,196$864$616$434$137
29 years$1,554$1,128$804$565$392$117
30 years$1,486$1,065$749$518$354$101
31 years$1,422$1,007$698$476$320$86
32 years$1,363$953$652$437$289$74
33 years$1,307$902$608$402$262$64
34 years$1,255$855$568$370$237$55
35 years$1,206$811$531$341$215$47
36 years$1,159$770$497$314$195$40
37 years$1,116$731$465$289$176$35
38 years$1,074$695$436$266$160$30
39 years$1,035$661$408$246$145$26
40 years$998$629$383$227$132$22
41 years$963$598$359$209$119$19
42 years$929$570$337$193$108$16
43 years$898$543$316$178$98$14
44 years$867$518$296$164$89$12
45 years$839$494$278$152$81$10
46 years$811$471$261$140$74$9
47 years$785$449$246$130$67$8
48 years$760$429$231$120$61$7
49 years$736$410$217$111$55$6
50 years$713$391$204$102$50$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $730,000, adding $6,332 every year, while hoping to spend $32,063 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: 55/26/19 Blend
42$730,000$730,000$730,000$730,000
43$810,991$772,301$760,986$851,119
44$859,598$776,029$752,365$882,960
45$912,087$778,865$742,380$913,668
46$968,822$780,732$730,951$946,403
47$1,030,201$781,547$717,997$981,369
48$1,096,661$781,222$703,429$1,018,790
49$1,168,683$779,664$687,157$1,058,914
50$1,246,797$776,776$669,085$1,102,017
51$1,331,584$772,452$649,113$1,148,402
52$1,423,683$766,580$627,136$1,198,407
53$1,523,800$759,044$603,046$1,252,406
54$1,632,708$749,717$576,729$1,310,810
55$1,751,260$738,468$548,064$1,374,078
56$1,880,392$725,157$516,928$1,442,714
57$2,021,136$709,634$483,190$1,517,278
58$2,174,629$691,743$446,713$1,598,388
59$2,342,118$671,315$407,355$1,686,728
60$2,524,980$648,176$364,968$1,783,055
61$2,724,729$622,138$319,395$1,888,205
62$2,943,032$593,003$270,475$2,003,103
63$3,181,724$560,562$218,039$2,128,771
64$3,442,825$524,595$161,908$2,266,338
65$3,728,560$484,867$101,899$2,417,053
66$4,041,379$441,132$37,819$2,582,296
67$4,383,980$393,127$0$2,763,591
68$4,759,332$340,577$0$2,968,819
69$5,170,709$283,190$0$3,202,229
70$5,621,713$220,658$0$3,458,244
71$6,116,312$152,654$0$3,739,182
72$6,658,877$78,836$0$4,047,597
73$7,254,224$0$0$4,386,308
74$7,907,654$0$0$4,758,756
75$8,625,009$0$0$5,192,472
76$9,412,724$0$0$5,668,799
77$10,277,886$0$0$6,192,032
78$11,228,305$0$0$6,766,903
79$12,272,582$0$0$7,398,624
80$13,420,193$0$0$8,092,938
81$14,681,579$0$0$8,856,171
82$16,068,240$0$0$9,695,293
83$17,592,849$0$0$10,617,983
84$19,269,366$0$0$11,632,701
85$21,113,172$0$0$12,748,768
86$23,141,213$0$0$13,976,454
87$25,372,162$0$0$15,327,075
88$27,826,589$0$0$16,813,097
89$30,527,162$0$0$18,448,257
90$33,498,854$0$0$20,247,691
91$36,769,184$0$0$22,228,075
92$40,368,470$0$0$24,407,784
93$44,330,123$0$0$26,807,066
94$48,690,951$0$0$29,448,229
95$53,491,518$0$0$32,355,857
96$58,776,516$0$0$35,557,036
97$64,595,194$0$0$39,081,613
98$71,001,815$0$0$42,962,476
99$78,056,177$0$0$47,235,865
100$85,824,167$0$0$51,941,713