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%18.8%
1 years$63,586$63,019$62,467$61,928$61,401$59,222
2 years$31,478$30,892$30,324$29,773$29,239$27,067
3 years$20,777$20,188$19,621$19,076$18,550$16,454
4 years$15,427$14,840$14,279$13,743$13,230$11,225
5 years$12,219$11,635$11,081$10,556$10,057$8,148
6 years$10,080$9,501$8,955$8,442$7,958$6,147
7 years$8,553$7,979$7,442$6,940$6,472$4,759
8 years$7,408$6,839$6,311$5,822$5,369$3,752
9 years$6,519$5,955$5,436$4,959$4,522$2,998
10 years$5,807$5,249$4,739$4,275$3,853$2,421
11 years$5,225$4,673$4,172$3,720$3,313$1,970
12 years$4,741$4,194$3,703$3,263$2,871$1,613
13 years$4,331$3,790$3,308$2,881$2,504$1,327
14 years$3,981$3,445$2,972$2,557$2,195$1,096
15 years$3,677$3,147$2,684$2,281$1,933$909
16 years$3,411$2,888$2,433$2,042$1,708$755
17 years$3,177$2,659$2,214$1,835$1,514$629
18 years$2,970$2,457$2,021$1,654$1,347$525
19 years$2,784$2,277$1,850$1,494$1,200$438
20 years$2,617$2,116$1,698$1,353$1,072$367
21 years$2,466$1,971$1,562$1,228$959$307
22 years$2,329$1,840$1,440$1,117$860$257
23 years$2,204$1,721$1,329$1,017$772$216
24 years$2,090$1,612$1,229$928$694$181
25 years$1,985$1,513$1,139$847$624$152
26 years$1,888$1,422$1,056$775$562$128
27 years$1,799$1,338$981$709$507$107
28 years$1,716$1,261$912$650$457$90
29 years$1,639$1,190$848$596$413$76
30 years$1,567$1,124$790$547$373$64
31 years$1,500$1,062$737$502$337$54
32 years$1,438$1,005$687$461$305$45
33 years$1,379$952$642$424$276$38
34 years$1,324$902$600$390$250$32
35 years$1,272$856$561$359$227$27
36 years$1,223$812$524$331$205$23
37 years$1,177$771$491$305$186$19
38 years$1,133$733$460$281$169$16
39 years$1,092$697$431$259$153$13
40 years$1,053$663$404$239$139$11
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$3
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 $4,467 every year, while hoping to spend $32,022 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: 29/47/24 Blend
42$770,000$770,000$770,000$770,000
43$853,148$812,338$800,403$871,408
44$906,098$818,071$793,145$891,702
45$963,375$823,012$784,571$910,382
46$1,025,388$827,088$774,603$929,804
47$1,092,584$830,222$763,158$950,054
48$1,165,457$832,332$750,153$971,229
49$1,244,547$833,330$735,497$993,435
50$1,330,451$833,124$719,097$1,016,794
51$1,423,825$831,614$700,854$1,041,444
52$1,525,389$828,698$680,667$1,067,538
53$1,635,938$824,263$658,428$1,095,247
54$1,756,343$818,192$634,025$1,124,767
55$1,887,567$810,359$607,342$1,156,312
56$2,030,666$800,634$578,255$1,190,125
57$2,186,803$788,875$546,636$1,226,478
58$2,357,261$774,933$512,352$1,265,672
59$2,543,448$758,652$475,262$1,308,048
60$2,746,918$739,864$435,221$1,353,981
61$2,969,378$718,392$392,076$1,403,894
62$3,212,712$694,050$345,668$1,458,256
63$3,478,989$666,639$295,829$1,517,591
64$3,770,493$635,951$242,385$1,582,481
65$4,089,734$601,763$185,156$1,653,574
66$4,439,479$563,842$123,951$1,731,593
67$4,822,774$521,939$58,572$1,817,339
68$5,242,976$475,793$0$1,911,705
69$5,703,779$425,126$0$2,018,550
70$6,209,253$369,646$0$2,152,300
71$6,763,882$309,044$0$2,299,219
72$7,372,604$242,993$0$2,460,725
73$8,040,858$171,148$0$2,638,384
74$8,774,635$93,144$0$2,833,932
75$9,580,537$8,596$0$3,049,288
76$10,465,833$0$0$3,286,574
77$11,438,534$0$0$3,591,014
78$12,507,464$0$0$3,930,590
79$13,682,344$0$0$4,303,962
80$14,973,885$0$0$4,714,550
81$16,393,884$0$0$5,166,123
82$17,955,342$0$0$5,662,834
83$19,672,582$0$0$6,209,256
84$21,561,382$0$0$6,810,431
85$23,639,129$0$0$7,471,913
86$25,924,979$0$0$8,199,820
87$28,440,037$0$0$9,000,896
88$31,207,559$0$0$9,882,569
89$34,253,166$0$0$10,853,026
90$37,605,093$0$0$11,921,286
91$41,294,446$0$0$13,097,289
92$45,355,503$0$0$14,391,984
93$49,826,032$0$0$15,817,440
94$54,747,649$0$0$17,386,952
95$60,166,211$0$0$19,115,173
96$66,132,247$0$0$21,018,248
97$72,701,434$0$0$23,113,965
98$79,935,126$0$0$25,421,930
99$87,900,925$0$0$27,963,742
100$96,673,327$0$0$30,763,206