Can I retire at age 43 with 780,000?

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 $780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$64,412$63,838$63,278$62,732$62,198$61,729
2 years$31,887$31,293$30,718$30,160$29,618$29,145
3 years$21,047$20,450$19,876$19,323$18,791$18,328
4 years$15,628$15,033$14,465$13,921$13,402$12,954
5 years$12,377$11,786$11,225$10,693$10,188$9,755
6 years$10,211$9,624$9,072$8,551$8,061$7,645
7 years$8,664$8,082$7,539$7,031$6,556$6,156
8 years$7,505$6,928$6,393$5,898$5,439$5,055
9 years$6,603$6,032$5,507$5,024$4,580$4,213
10 years$5,882$5,317$4,801$4,330$3,903$3,552
11 years$5,293$4,734$4,227$3,769$3,356$3,021
12 years$4,803$4,249$3,751$3,306$2,909$2,589
13 years$4,388$3,839$3,351$2,918$2,536$2,232
14 years$4,032$3,490$3,011$2,591$2,223$1,934
15 years$3,725$3,188$2,719$2,310$1,958$1,683
16 years$3,456$2,925$2,465$2,069$1,730$1,469
17 years$3,219$2,694$2,243$1,859$1,534$1,287
18 years$3,008$2,489$2,047$1,675$1,364$1,130
19 years$2,820$2,307$1,874$1,514$1,216$994
20 years$2,651$2,144$1,720$1,371$1,086$877
21 years$2,498$1,997$1,582$1,244$972$774
22 years$2,359$1,864$1,458$1,131$871$685
23 years$2,233$1,743$1,346$1,030$782$607
24 years$2,117$1,633$1,245$940$703$538
25 years$2,011$1,533$1,153$858$632$477
26 years$1,913$1,441$1,070$785$570$424
27 years$1,822$1,356$993$718$514$377
28 years$1,738$1,278$923$658$463$335
29 years$1,660$1,205$859$603$418$299
30 years$1,588$1,138$800$554$378$266
31 years$1,520$1,076$746$509$342$237
32 years$1,456$1,018$696$467$309$211
33 years$1,397$964$650$430$280$188
34 years$1,341$914$607$395$253$168
35 years$1,288$867$568$364$229$150
36 years$1,239$823$531$335$208$134
37 years$1,192$781$497$309$188$119
38 years$1,148$743$466$285$171$107
39 years$1,106$706$436$263$155$95
40 years$1,066$672$409$242$141$85
41 years$1,029$639$383$223$127$76
42 years$993$609$360$206$116$68
43 years$959$580$337$190$105$61
44 years$927$553$317$176$95$54
45 years$896$527$297$162$87$48
46 years$867$503$279$150$79$43
47 years$839$480$262$139$71$39
48 years$812$458$247$128$65$35
49 years$786$438$232$118$59$31
50 years$762$418$218$109$53$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $780,000, adding $2,634 every year, while hoping to spend $49,736 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: 75/15/10 Blend
42$780,000$780,000$780,000$780,000
43$862,277$820,937$808,847$925,204
44$897,311$808,244$783,025$954,344
45$934,251$793,262$754,670$979,733
46$973,239$775,827$723,647$1,006,157
47$1,014,431$755,764$689,810$1,033,703
48$1,057,994$732,888$653,011$1,062,465
49$1,104,114$707,005$613,091$1,092,549
50$1,152,992$677,906$569,888$1,124,073
51$1,204,848$645,374$523,229$1,157,165
52$1,259,921$609,176$472,937$1,191,971
53$1,318,476$569,068$418,823$1,228,649
54$1,380,800$524,792$360,693$1,267,377
55$1,447,208$476,073$298,342$1,308,351
56$1,518,044$422,622$231,558$1,351,790
57$1,593,688$364,133$160,118$1,397,933
58$1,674,552$300,284$83,790$1,447,050
59$1,761,091$230,733$2,332$1,499,436
60$1,853,803$155,119$0$1,555,421
61$1,953,233$73,062$0$1,624,396
62$2,059,982$0$0$1,698,589
63$2,174,705$0$0$1,780,843
64$2,298,125$0$0$1,882,328
65$2,431,034$0$0$1,991,640
66$2,574,303$0$0$2,109,497
67$2,728,888$0$0$2,236,689
68$2,895,838$0$0$2,374,083
69$3,076,308$0$0$2,522,633
70$3,271,567$0$0$2,683,386
71$3,483,008$0$0$2,857,494
72$3,712,165$0$0$3,046,225
73$3,960,724$0$0$3,250,969
74$4,230,539$0$0$3,473,260
75$4,523,648$0$0$3,714,781
76$4,842,294$0$0$3,977,386
77$5,188,944$0$0$4,263,112
78$5,566,315$0$0$4,574,204
79$5,977,392$0$0$4,913,129
80$6,425,464$0$0$5,282,604
81$6,914,147$0$0$5,685,618
82$7,447,425$0$0$6,125,461
83$8,029,681$0$0$6,605,755
84$8,665,739$0$0$7,130,488
85$9,360,911$0$0$7,704,048
86$10,121,046$0$0$8,331,268
87$10,952,582$0$0$9,017,469
88$11,862,610$0$0$9,768,509
89$12,858,935$0$0$10,590,840
90$13,950,155$0$0$11,491,566
91$15,145,738$0$0$12,478,510
92$16,456,109$0$0$13,560,289
93$17,892,751$0$0$14,746,392
94$19,468,311$0$0$16,047,271
95$21,196,720$0$0$17,474,437
96$23,093,319$0$0$19,040,569
97$25,175,009$0$0$20,759,635
98$27,460,405$0$0$22,647,019
99$29,970,015$0$0$24,719,668
100$32,726,428$0$0$26,996,251