Can I retire at age 43 with 770,000?

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 $770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$63,586$63,019$62,467$61,928$61,401$59,246
2 years$31,478$30,892$30,324$29,773$29,239$27,090
3 years$20,777$20,188$19,621$19,076$18,550$16,476
4 years$15,427$14,840$14,279$13,743$13,230$11,245
5 years$12,219$11,635$11,081$10,556$10,057$8,168
6 years$10,080$9,501$8,955$8,442$7,958$6,165
7 years$8,553$7,979$7,442$6,940$6,472$4,775
8 years$7,408$6,839$6,311$5,822$5,369$3,767
9 years$6,519$5,955$5,436$4,959$4,522$3,012
10 years$5,807$5,249$4,739$4,275$3,853$2,433
11 years$5,225$4,673$4,172$3,720$3,313$1,982
12 years$4,741$4,194$3,703$3,263$2,871$1,624
13 years$4,331$3,790$3,308$2,881$2,504$1,337
14 years$3,981$3,445$2,972$2,557$2,195$1,105
15 years$3,677$3,147$2,684$2,281$1,933$917
16 years$3,411$2,888$2,433$2,042$1,708$762
17 years$3,177$2,659$2,214$1,835$1,514$635
18 years$2,970$2,457$2,021$1,654$1,347$531
19 years$2,784$2,277$1,850$1,494$1,200$444
20 years$2,617$2,116$1,698$1,353$1,072$371
21 years$2,466$1,971$1,562$1,228$959$311
22 years$2,329$1,840$1,440$1,117$860$261
23 years$2,204$1,721$1,329$1,017$772$219
24 years$2,090$1,612$1,229$928$694$184
25 years$1,985$1,513$1,139$847$624$155
26 years$1,888$1,422$1,056$775$562$130
27 years$1,799$1,338$981$709$507$109
28 years$1,716$1,261$912$650$457$92
29 years$1,639$1,190$848$596$413$77
30 years$1,567$1,124$790$547$373$65
31 years$1,500$1,062$737$502$337$55
32 years$1,438$1,005$687$461$305$46
33 years$1,379$952$642$424$276$39
34 years$1,324$902$600$390$250$33
35 years$1,272$856$561$359$227$28
36 years$1,223$812$524$331$205$23
37 years$1,177$771$491$305$186$20
38 years$1,133$733$460$281$169$16
39 years$1,092$697$431$259$153$14
40 years$1,053$663$404$239$139$12
41 years$1,016$631$378$221$126$10
42 years$980$601$355$204$114$8
43 years$947$573$333$188$104$7
44 years$915$546$313$173$94$6
45 years$884$521$294$160$85$5
46 years$855$497$276$148$78$4
47 years$828$474$259$137$70$4
48 years$801$453$243$126$64$3
49 years$776$432$229$117$58$2
50 years$752$413$215$108$53$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $770,000, adding $2,767 every year, while hoping to spend $44,828 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: 47/33/20 Blend
42$770,000$770,000$770,000$770,000
43$851,394$810,584$798,649$886,450
44$890,540$802,606$777,707$903,214
45$932,176$792,735$754,561$916,684
46$976,509$780,830$729,090$930,369
47$1,023,765$766,743$701,167$944,310
48$1,074,193$750,317$670,660$958,554
49$1,128,063$731,385$637,430$973,153
50$1,185,674$709,772$601,332$988,173
51$1,247,351$685,289$562,215$1,003,686
52$1,313,453$657,740$519,921$1,019,776
53$1,384,371$626,915$474,285$1,036,540
54$1,460,537$592,594$425,133$1,054,090
55$1,542,423$554,543$372,287$1,072,551
56$1,630,548$512,513$315,556$1,092,069
57$1,725,483$466,245$254,746$1,112,807
58$1,827,851$415,460$189,649$1,134,951
59$1,938,342$359,868$120,053$1,158,713
60$2,057,711$299,159$45,732$1,184,331
61$2,186,788$233,008$0$1,212,074
62$2,326,485$161,070$0$1,249,410
63$2,477,805$82,981$0$1,300,396
64$2,641,852$0$0$1,355,700
65$2,819,837$0$0$1,416,406
66$3,013,096$0$0$1,515,113
67$3,223,094$0$0$1,622,447
68$3,451,446$0$0$1,739,241
69$3,699,927$0$0$1,866,415
70$3,970,491$0$0$2,004,978
71$4,265,287$0$0$2,156,043
72$4,586,681$0$0$2,320,832
73$4,937,278$0$0$2,500,694
74$5,319,941$0$0$2,697,111
75$5,737,827$0$0$2,911,714
76$6,194,408$0$0$3,146,301
77$6,693,506$0$0$3,402,850
78$7,239,332$0$0$3,683,540
79$7,836,519$0$0$3,990,768
80$8,490,171$0$0$4,327,176
81$9,205,906$0$0$4,695,672
82$9,989,913$0$0$5,099,459
83$10,849,007$0$0$5,542,064
84$11,790,691$0$0$6,027,372
85$12,823,233$0$0$6,559,663
86$13,955,736$0$0$7,143,648
87$15,198,227$0$0$7,784,519
88$16,561,750$0$0$8,487,994
89$18,058,472$0$0$9,260,372
90$19,701,794$0$0$10,108,589
91$21,506,477$0$0$11,040,291
92$23,488,783$0$0$12,063,895
93$25,666,627$0$0$13,188,678
94$28,059,744$0$0$14,424,859
95$30,689,875$0$0$15,783,694
96$33,580,972$0$0$17,277,586
97$36,759,425$0$0$18,920,201
98$40,254,305$0$0$20,726,591
99$44,097,643$0$0$22,713,344
100$48,324,731$0$0$24,898,734