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%17.5%
1 years$62,760$62,201$61,656$61,123$60,603$58,758
2 years$31,069$30,491$29,930$29,386$28,859$27,015
3 years$20,507$19,926$19,367$18,828$18,309$16,525
4 years$15,227$14,648$14,094$13,565$13,058$11,348
5 years$12,060$11,484$10,937$10,419$9,927$8,294
6 years$9,949$9,378$8,839$8,332$7,855$6,302
7 years$8,442$7,875$7,345$6,850$6,388$4,915
8 years$7,312$6,751$6,229$5,746$5,299$3,905
9 years$6,434$5,878$5,365$4,895$4,463$3,145
10 years$5,732$5,181$4,678$4,219$3,803$2,560
11 years$5,157$4,612$4,118$3,672$3,270$2,101
12 years$4,679$4,140$3,655$3,221$2,834$1,735
13 years$4,275$3,741$3,265$2,844$2,471$1,441
14 years$3,929$3,400$2,934$2,524$2,166$1,201
15 years$3,629$3,106$2,649$2,251$1,907$1,005
16 years$3,367$2,850$2,402$2,016$1,686$843
17 years$3,136$2,625$2,185$1,811$1,495$709
18 years$2,931$2,425$1,995$1,632$1,329$597
19 years$2,748$2,248$1,826$1,475$1,185$504
20 years$2,583$2,089$1,676$1,336$1,058$426
21 years$2,434$1,946$1,542$1,212$947$360
22 years$2,299$1,816$1,421$1,102$849$305
23 years$2,176$1,699$1,312$1,004$762$258
24 years$2,063$1,592$1,213$916$685$219
25 years$1,959$1,494$1,124$836$616$186
26 years$1,864$1,404$1,042$764$555$158
27 years$1,776$1,321$968$700$500$134
28 years$1,694$1,245$900$641$452$114
29 years$1,618$1,174$837$588$408$97
30 years$1,547$1,109$780$540$368$82
31 years$1,481$1,048$727$496$333$70
32 years$1,419$992$678$455$301$59
33 years$1,361$939$633$419$273$50
34 years$1,307$890$592$385$247$43
35 years$1,255$845$553$355$224$37
36 years$1,207$802$518$327$203$31
37 years$1,161$761$484$301$184$26
38 years$1,118$724$454$277$166$22
39 years$1,078$688$425$256$151$19
40 years$1,039$655$398$236$137$16
41 years$1,002$623$374$218$124$14
42 years$968$593$350$201$113$12
43 years$934$565$329$185$102$10
44 years$903$539$309$171$93$9
45 years$873$514$290$158$84$7
46 years$844$490$272$146$77$6
47 years$817$468$256$135$70$5
48 years$791$447$240$125$63$4
49 years$766$427$226$115$57$4
50 years$742$407$212$107$52$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $760,000, adding $4,500 every year, while hoping to spend $58,276 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: 54/18/28 Blend
42$760,000$760,000$760,000$760,000
43$842,162$801,882$790,102$880,864
44$866,057$779,169$754,565$885,396
45$890,436$753,390$715,884$883,985
46$915,288$724,333$673,894$881,284
47$940,596$691,774$628,418$877,189
48$966,342$655,476$579,275$871,592
49$992,503$615,188$526,275$864,378
50$1,019,052$570,646$469,218$855,422
51$1,045,955$521,568$407,898$844,592
52$1,073,177$467,659$342,096$831,748
53$1,100,671$408,605$271,587$816,739
54$1,128,389$344,075$196,134$799,403
55$1,156,269$273,720$115,489$779,568
56$1,184,247$197,170$29,396$757,051
57$1,212,244$114,036$0$731,653
58$1,240,174$23,905$0$721,832
59$1,267,938$0$0$719,280
60$1,295,424$0$0$729,642
61$1,322,505$0$0$744,459
62$1,349,039$0$0$758,909
63$1,374,866$0$0$772,896
64$1,399,807$0$0$786,312
65$1,423,660$0$0$799,035
66$1,446,200$0$0$810,931
67$1,467,174$0$0$821,848
68$1,486,302$0$0$831,617
69$1,503,270$0$0$840,049
70$1,517,727$0$0$846,935
71$1,529,284$0$0$852,041
72$1,537,508$0$0$855,108
73$1,541,915$0$0$855,846
74$1,541,972$0$0$853,935
75$1,537,081$0$0$849,020
76$1,526,584$0$0$840,705
77$1,509,746$0$0$828,551
78$1,485,756$0$0$812,074
79$1,453,712$0$0$790,735
80$1,412,617$0$0$763,939
81$1,361,364$0$0$731,024
82$1,298,731$0$0$691,260
83$1,223,362$0$0$643,840
84$1,133,758$0$0$587,867
85$1,028,262$0$0$522,354
86$905,039$0$0$446,206
87$762,062$0$0$358,214
88$597,089$0$0$257,041
89$407,645$0$0$141,210
90$190,991$0$0$9,091
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0