Can I retire at age 43 with 800,000?

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 $800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$66,063$65,475$64,901$64,340$63,793$61,335
2 years$32,705$32,095$31,505$30,933$30,378$27,930
3 years$21,586$20,975$20,386$19,819$19,273$16,913
4 years$16,029$15,419$14,836$14,278$13,746$11,492
5 years$12,695$12,088$11,513$10,967$10,449$8,307
6 years$10,473$9,871$9,304$8,771$8,268$6,239
7 years$8,886$8,290$7,732$7,211$6,724$4,808
8 years$7,697$7,106$6,557$6,049$5,578$3,773
9 years$6,773$6,187$5,648$5,152$4,698$3,000
10 years$6,033$5,453$4,924$4,441$4,003$2,410
11 years$5,429$4,855$4,335$3,865$3,442$1,951
12 years$4,926$4,357$3,847$3,390$2,983$1,589
13 years$4,500$3,938$3,437$2,993$2,601$1,300
14 years$4,136$3,579$3,088$2,657$2,280$1,068
15 years$3,820$3,270$2,788$2,370$2,008$880
16 years$3,544$3,000$2,528$2,122$1,775$727
17 years$3,301$2,763$2,300$1,906$1,573$602
18 years$3,085$2,553$2,100$1,718$1,399$499
19 years$2,892$2,366$1,922$1,552$1,247$415
20 years$2,719$2,199$1,764$1,406$1,114$345
21 years$2,562$2,048$1,623$1,276$997$287
22 years$2,420$1,912$1,496$1,160$893$239
23 years$2,290$1,788$1,381$1,057$802$199
24 years$2,172$1,675$1,277$964$721$166
25 years$2,063$1,572$1,183$880$649$139
26 years$1,962$1,478$1,097$805$584$116
27 years$1,869$1,391$1,019$737$527$97
28 years$1,783$1,310$947$675$475$81
29 years$1,703$1,236$881$619$429$67
30 years$1,628$1,167$821$568$388$56
31 years$1,559$1,104$765$522$351$47
32 years$1,494$1,044$714$479$317$39
33 years$1,433$989$667$441$287$33
34 years$1,375$937$623$406$260$27
35 years$1,321$889$582$373$235$23
36 years$1,271$844$545$344$213$19
37 years$1,223$801$510$317$193$16
38 years$1,177$762$478$292$175$13
39 years$1,134$724$447$269$159$11
40 years$1,094$689$419$248$144$9
41 years$1,055$656$393$229$131$8
42 years$1,019$625$369$211$119$7
43 years$984$595$346$195$108$5
44 years$951$567$325$180$98$5
45 years$919$541$305$166$89$4
46 years$889$516$287$154$81$3
47 years$860$492$269$142$73$3
48 years$833$470$253$131$66$2
49 years$806$449$238$121$60$2
50 years$781$429$224$112$55$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $800,000, adding $3,524 every year, while hoping to spend $31,705 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: 31/39/30 Blend
42$800,000$800,000$800,000$800,000
43$885,235$842,835$830,435$904,482
44$941,795$850,400$824,521$927,336
45$1,003,062$857,273$817,346$948,918
46$1,069,481$863,387$808,834$971,537
47$1,141,545$868,670$798,907$995,308
48$1,219,794$873,045$787,481$1,020,357
49$1,304,820$876,432$774,469$1,046,828
50$1,397,278$878,744$759,781$1,074,881
51$1,497,888$879,889$743,320$1,104,694
52$1,607,439$879,770$724,988$1,136,466
53$1,726,802$878,284$704,679$1,170,421
54$1,856,936$875,319$682,286$1,206,807
55$1,998,894$870,761$657,694$1,245,901
56$2,153,838$864,485$630,783$1,288,012
57$2,323,044$856,359$601,428$1,333,485
58$2,507,919$846,245$569,501$1,382,701
59$2,710,010$833,995$534,863$1,436,088
60$2,931,023$819,452$497,372$1,494,120
61$3,172,834$802,452$456,881$1,557,324
62$3,437,509$782,818$413,232$1,626,286
63$3,727,324$760,365$366,265$1,701,658
64$4,044,784$734,897$315,808$1,784,162
65$4,392,650$706,204$261,685$1,874,600
66$4,773,960$674,068$203,711$1,973,865
67$5,192,061$638,254$141,693$2,082,944
68$5,650,640$598,517$75,428$2,202,934
69$6,153,757$554,596$4,707$2,335,049
70$6,705,885$506,216$0$2,480,637
71$7,311,949$453,085$0$2,663,843
72$7,977,378$394,896$0$2,866,749
73$8,708,147$331,323$0$3,089,755
74$9,510,844$262,023$0$3,334,969
75$10,392,720$186,633$0$3,604,722
76$11,361,769$104,769$0$3,901,584
77$12,426,795$16,028$0$4,228,398
78$13,597,495$0$0$4,588,302
79$14,884,557$0$0$5,019,102
80$16,299,754$0$0$5,500,490
81$17,856,054$0$0$6,030,016
82$19,567,750$0$0$6,612,562
83$21,450,585$0$0$7,253,503
84$23,521,908$0$0$7,958,763
85$25,800,832$0$0$8,734,870
86$28,308,416$0$0$9,589,016
87$31,067,865$0$0$10,529,125
88$34,104,745$0$0$11,563,929
89$37,447,228$0$0$12,703,050
90$41,126,353$0$0$13,957,088
91$45,176,324$0$0$15,337,725
92$49,634,827$0$0$16,857,834
93$54,543,389$0$0$18,531,596
94$59,947,766$0$0$20,374,642
95$65,898,381$0$0$22,404,192
96$72,450,790$0$0$24,639,224
97$79,666,214$0$0$27,100,648
98$87,612,113$0$0$29,811,506
99$96,362,822$0$0$32,797,189
100$106,000,253$0$0$36,085,676