Can I retire at age 43 with 820,000?

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 $820,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$67,715$67,112$66,523$65,949$65,388$64,173
2 years$33,522$32,898$32,293$31,706$31,137$29,917
3 years$22,126$21,499$20,896$20,314$19,755$18,568
4 years$16,429$15,804$15,207$14,635$14,089$12,945
5 years$13,012$12,391$11,801$11,241$10,710$9,613
6 years$10,735$10,118$9,537$8,990$8,475$7,424
7 years$9,108$8,497$7,925$7,391$6,892$5,889
8 years$7,889$7,283$6,721$6,200$5,718$4,761
9 years$6,942$6,342$5,789$5,281$4,815$3,905
10 years$6,184$5,590$5,047$4,552$4,103$3,239
11 years$5,565$4,976$4,443$3,962$3,529$2,709
12 years$5,049$4,466$3,943$3,475$3,058$2,282
13 years$4,613$4,036$3,523$3,068$2,666$1,933
14 years$4,239$3,669$3,165$2,723$2,337$1,645
15 years$3,916$3,352$2,858$2,429$2,058$1,405
16 years$3,633$3,075$2,591$2,175$1,819$1,204
17 years$3,384$2,832$2,358$1,954$1,613$1,035
18 years$3,162$2,617$2,152$1,761$1,434$891
19 years$2,965$2,425$1,970$1,591$1,278$769
20 years$2,787$2,254$1,808$1,441$1,142$665
21 years$2,626$2,099$1,663$1,308$1,022$575
22 years$2,480$1,960$1,533$1,189$916$498
23 years$2,348$1,833$1,416$1,083$822$432
24 years$2,226$1,717$1,309$988$739$375
25 years$2,114$1,611$1,212$902$665$326
26 years$2,011$1,515$1,125$825$599$284
27 years$1,916$1,425$1,044$755$540$247
28 years$1,828$1,343$971$692$487$215
29 years$1,746$1,267$903$634$440$187
30 years$1,669$1,197$841$582$398$163
31 years$1,598$1,131$784$535$359$142
32 years$1,531$1,070$732$491$325$124
33 years$1,468$1,014$683$452$294$108
34 years$1,410$961$639$416$266$94
35 years$1,354$911$597$383$241$82
36 years$1,302$865$558$352$219$72
37 years$1,253$821$523$325$198$62
38 years$1,207$781$489$299$180$55
39 years$1,163$742$459$276$163$48
40 years$1,121$706$430$255$148$42
41 years$1,082$672$403$235$134$36
42 years$1,044$640$378$217$122$32
43 years$1,008$610$355$200$110$28
44 years$974$581$333$185$100$24
45 years$942$555$313$171$91$21
46 years$911$529$294$158$83$18
47 years$882$505$276$146$75$16
48 years$853$482$259$135$68$14
49 years$826$460$244$124$62$12
50 years$801$440$229$115$56$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $820,000, adding $5,525 every year, while hoping to spend $55,330 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: 59/33/8 Blend
42$820,000$820,000$820,000$820,000
43$909,339$865,879$853,169$961,065
44$943,221$849,436$822,880$980,001
45$978,704$830,334$789,721$993,864
46$1,015,894$808,382$753,539$1,007,605
47$1,054,904$783,382$714,171$1,021,215
48$1,095,858$755,121$671,449$1,034,688
49$1,138,890$723,376$625,197$1,048,019
50$1,184,146$687,911$575,230$1,061,206
51$1,231,784$648,473$521,356$1,074,250
52$1,281,977$604,800$463,372$1,087,154
53$1,334,913$556,609$401,070$1,099,926
54$1,390,797$503,606$334,228$1,112,580
55$1,449,853$445,477$262,619$1,125,133
56$1,512,323$381,891$186,003$1,137,611
57$1,578,476$312,499$104,129$1,150,044
58$1,648,600$236,932$16,737$1,162,472
59$1,723,015$154,799$0$1,174,944
60$1,802,067$65,688$0$1,194,054
61$1,886,136$0$0$1,215,290
62$1,975,638$0$0$1,248,530
63$2,071,029$0$0$1,309,417
64$2,172,807$0$0$1,374,422
65$2,281,518$0$0$1,443,897
66$2,397,761$0$0$1,518,232
67$2,522,191$0$0$1,597,850
68$2,655,529$0$0$1,683,220
69$2,798,564$0$0$1,774,853
70$2,952,162$0$0$1,873,311
71$3,117,273$0$0$1,979,210
72$3,294,941$0$0$2,093,227
73$3,486,312$0$0$2,216,107
74$3,692,645$0$0$2,348,666
75$3,915,321$0$0$2,491,801
76$4,155,861$0$0$2,646,498
77$4,415,932$0$0$2,813,841
78$4,697,370$0$0$2,995,021
79$5,002,192$0$0$3,191,348
80$5,332,615$0$0$3,404,262
81$5,691,077$0$0$3,635,345
82$6,080,261$0$0$3,886,341
83$6,503,114$0$0$4,159,164
84$6,962,883$0$0$4,455,922
85$7,463,137$0$0$4,778,934
86$8,007,803$0$0$5,130,751
87$8,601,202$0$0$5,514,181
88$9,248,091$0$0$5,932,314
89$9,953,705$0$0$6,388,550
90$10,723,803$0$0$6,886,634
91$11,564,729$0$0$7,430,685
92$12,483,462$0$0$8,025,240
93$13,487,689$0$0$8,675,294
94$14,585,871$0$0$9,386,345
95$15,787,324$0$0$10,164,447
96$17,102,307$0$0$11,016,267
97$18,542,115$0$0$11,949,148
98$20,119,188$0$0$12,971,172
99$21,847,224$0$0$14,091,244
100$23,741,310$0$0$15,319,170