Can I retire at age 43 with 760,000?

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 $760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$62,760$62,201$61,656$61,123$60,603$59,404
2 years$31,069$30,491$29,930$29,386$28,859$27,656
3 years$20,507$19,926$19,367$18,828$18,309$17,140
4 years$15,227$14,648$14,094$13,565$13,058$11,931
5 years$12,060$11,484$10,937$10,419$9,927$8,846
6 years$9,949$9,378$8,839$8,332$7,855$6,820
7 years$8,442$7,875$7,345$6,850$6,388$5,401
8 years$7,312$6,751$6,229$5,746$5,299$4,359
9 years$6,434$5,878$5,365$4,895$4,463$3,569
10 years$5,732$5,181$4,678$4,219$3,803$2,954
11 years$5,157$4,612$4,118$3,672$3,270$2,467
12 years$4,679$4,140$3,655$3,221$2,834$2,074
13 years$4,275$3,741$3,265$2,844$2,471$1,753
14 years$3,929$3,400$2,934$2,524$2,166$1,489
15 years$3,629$3,106$2,649$2,251$1,907$1,269
16 years$3,367$2,850$2,402$2,016$1,686$1,085
17 years$3,136$2,625$2,185$1,811$1,495$931
18 years$2,931$2,425$1,995$1,632$1,329$800
19 years$2,748$2,248$1,826$1,475$1,185$689
20 years$2,583$2,089$1,676$1,336$1,058$594
21 years$2,434$1,946$1,542$1,212$947$513
22 years$2,299$1,816$1,421$1,102$849$443
23 years$2,176$1,699$1,312$1,004$762$384
24 years$2,063$1,592$1,213$916$685$332
25 years$1,959$1,494$1,124$836$616$288
26 years$1,864$1,404$1,042$764$555$250
27 years$1,776$1,321$968$700$500$217
28 years$1,694$1,245$900$641$452$188
29 years$1,618$1,174$837$588$408$164
30 years$1,547$1,109$780$540$368$142
31 years$1,481$1,048$727$496$333$124
32 years$1,419$992$678$455$301$107
33 years$1,361$939$633$419$273$93
34 years$1,307$890$592$385$247$81
35 years$1,255$845$553$355$224$71
36 years$1,207$802$518$327$203$62
37 years$1,161$761$484$301$184$54
38 years$1,118$724$454$277$166$47
39 years$1,078$688$425$256$151$41
40 years$1,039$655$398$236$137$35
41 years$1,002$623$374$218$124$31
42 years$968$593$350$201$113$27
43 years$934$565$329$185$102$23
44 years$903$539$309$171$93$20
45 years$873$514$290$158$84$18
46 years$844$490$272$146$77$15
47 years$817$468$256$135$70$13
48 years$791$447$240$125$63$12
49 years$766$427$226$115$57$10
50 years$742$407$212$107$52$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $760,000, adding $2,995 every year, while hoping to spend $44,825 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: 61/19/20 Blend
42$760,000$760,000$760,000$760,000
43$840,609$800,329$788,549$887,340
44$878,658$791,852$767,272$910,802
45$919,085$781,457$743,780$931,168
46$962,087$769,003$717,951$952,374
47$1,007,875$754,340$689,659$974,509
48$1,056,686$737,310$658,769$997,670
49$1,108,774$717,745$625,145$1,021,968
50$1,164,422$695,466$588,639$1,047,527
51$1,223,935$670,287$549,101$1,074,483
52$1,287,652$642,006$506,372$1,102,993
53$1,355,943$610,415$460,286$1,133,227
54$1,429,214$575,290$410,670$1,165,380
55$1,507,910$536,395$357,343$1,199,667
56$1,592,519$493,481$300,117$1,236,326
57$1,683,579$446,284$238,793$1,275,627
58$1,781,678$394,527$173,168$1,317,866
59$1,887,465$337,914$103,024$1,363,378
60$2,001,649$276,135$28,138$1,412,530
61$2,125,013$208,861$0$1,465,734
62$2,258,415$135,745$0$1,534,499
63$2,402,797$56,422$0$1,615,409
64$2,559,199$0$0$1,703,073
65$2,728,760$0$0$1,804,343
66$2,912,735$0$0$1,927,070
67$3,112,503$0$0$2,060,384
68$3,329,582$0$0$2,205,303
69$3,565,639$0$0$2,362,949
70$3,822,513$0$0$2,534,556
71$4,102,223$0$0$2,721,480
72$4,406,993$0$0$2,925,214
73$4,739,268$0$0$3,147,403
74$5,101,743$0$0$3,389,855
75$5,497,381$0$0$3,654,562
76$5,929,445$0$0$3,943,716
77$6,401,526$0$0$4,259,730
78$6,917,579$0$0$4,605,261
79$7,481,957$0$0$4,983,233
80$8,099,453$0$0$5,396,869
81$8,775,345$0$0$5,849,713
82$9,515,445$0$0$6,345,672
83$10,326,154$0$0$6,889,046
84$11,214,518$0$0$7,484,572
85$12,188,302$0$0$8,137,466
86$13,256,054$0$0$8,853,474
87$14,427,189$0$0$9,638,923
88$15,712,079$0$0$10,500,783
89$17,122,147$0$0$11,446,731
90$18,669,977$0$0$12,485,225
91$20,369,429$0$0$13,625,580
92$22,235,770$0$0$14,878,056
93$24,285,821$0$0$16,253,960
94$26,538,111$0$0$17,765,743
95$29,013,051$0$0$19,427,125
96$31,733,128$0$0$21,253,221
97$34,723,117$0$0$23,260,681
98$38,010,311$0$0$25,467,850
99$41,624,780$0$0$27,894,940
100$45,599,653$0$0$30,564,218