Can I retire at age 43 with 820,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%19.7%
1 years$67,715$67,112$66,523$65,949$65,388$62,843
2 years$33,522$32,898$32,293$31,706$31,137$28,604
3 years$22,126$21,499$20,896$20,314$19,755$17,313
4 years$16,429$15,804$15,207$14,635$14,089$11,758
5 years$13,012$12,391$11,801$11,241$10,710$8,495
6 years$10,735$10,118$9,537$8,990$8,475$6,377
7 years$9,108$8,497$7,925$7,391$6,892$4,911
8 years$7,889$7,283$6,721$6,200$5,718$3,851
9 years$6,942$6,342$5,789$5,281$4,815$3,061
10 years$6,184$5,590$5,047$4,552$4,103$2,457
11 years$5,565$4,976$4,443$3,962$3,529$1,988
12 years$5,049$4,466$3,943$3,475$3,058$1,618
13 years$4,613$4,036$3,523$3,068$2,666$1,323
14 years$4,239$3,669$3,165$2,723$2,337$1,086
15 years$3,916$3,352$2,858$2,429$2,058$895
16 years$3,633$3,075$2,591$2,175$1,819$739
17 years$3,384$2,832$2,358$1,954$1,613$611
18 years$3,162$2,617$2,152$1,761$1,434$506
19 years$2,965$2,425$1,970$1,591$1,278$420
20 years$2,787$2,254$1,808$1,441$1,142$349
21 years$2,626$2,099$1,663$1,308$1,022$290
22 years$2,480$1,960$1,533$1,189$916$242
23 years$2,348$1,833$1,416$1,083$822$201
24 years$2,226$1,717$1,309$988$739$168
25 years$2,114$1,611$1,212$902$665$140
26 years$2,011$1,515$1,125$825$599$117
27 years$1,916$1,425$1,044$755$540$97
28 years$1,828$1,343$971$692$487$81
29 years$1,746$1,267$903$634$440$68
30 years$1,669$1,197$841$582$398$56
31 years$1,598$1,131$784$535$359$47
32 years$1,531$1,070$732$491$325$39
33 years$1,468$1,014$683$452$294$33
34 years$1,410$961$639$416$266$27
35 years$1,354$911$597$383$241$23
36 years$1,302$865$558$352$219$19
37 years$1,253$821$523$325$198$16
38 years$1,207$781$489$299$180$13
39 years$1,163$742$459$276$163$11
40 years$1,121$706$430$255$148$9
41 years$1,082$672$403$235$134$8
42 years$1,044$640$378$217$122$7
43 years$1,008$610$355$200$110$5
44 years$974$581$333$185$100$5
45 years$942$555$313$171$91$4
46 years$911$529$294$158$83$3
47 years$882$505$276$146$75$3
48 years$853$482$259$135$68$2
49 years$826$460$244$124$62$2
50 years$801$440$229$115$56$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $820,000, adding $6,595 every year, while hoping to spend $52,211 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: 73/12/15 Blend
42$820,000$820,000$820,000$820,000
43$910,443$866,983$854,273$973,403
44$947,756$853,913$827,339$1,002,923
45$987,125$838,453$797,753$1,028,210
46$1,028,705$820,430$765,370$1,054,525
47$1,072,664$799,662$730,041$1,081,956
48$1,119,186$775,956$691,608$1,110,603
49$1,168,472$749,107$649,907$1,140,576
50$1,220,743$718,900$604,765$1,172,000
51$1,276,237$685,104$556,003$1,205,009
52$1,335,217$647,479$503,433$1,239,756
53$1,397,971$605,767$446,860$1,276,409
54$1,464,812$559,697$386,078$1,315,156
55$1,536,085$508,985$320,873$1,356,204
56$1,612,167$453,326$251,023$1,399,784
57$1,693,470$392,400$176,295$1,446,151
58$1,780,446$325,871$96,443$1,495,590
59$1,873,594$253,380$11,216$1,548,417
60$1,973,455$174,551$0$1,604,979
61$2,080,629$88,985$0$1,678,428
62$2,195,769$0$0$1,759,175
63$2,319,596$0$0$1,846,440
64$2,452,898$0$0$1,953,060
65$2,596,543$0$0$2,067,980
66$2,751,484$0$0$2,191,968
67$2,918,767$0$0$2,325,863
68$3,099,541$0$0$2,470,591
69$3,295,071$0$0$2,627,166
70$3,506,746$0$0$2,796,707
71$3,736,092$0$0$2,980,440
72$3,984,788$0$0$3,179,716
73$4,254,681$0$0$3,396,019
74$4,547,802$0$0$3,630,981
75$4,866,384$0$0$3,886,400
76$5,212,885$0$0$4,164,251
77$5,590,007$0$0$4,466,709
78$6,000,727$0$0$4,796,164
79$6,448,317$0$0$5,155,250
80$6,936,381$0$0$5,546,864
81$7,468,882$0$0$5,974,195
82$8,050,185$0$0$6,440,753
83$8,685,095$0$0$6,950,400
84$9,378,900$0$0$7,507,392
85$10,137,423$0$0$8,116,410
86$10,967,075$0$0$8,782,611
87$11,874,913$0$0$9,511,672
88$12,868,710$0$0$10,309,844
89$13,957,026$0$0$11,184,011
90$15,149,284$0$0$12,141,753
91$16,455,865$0$0$13,191,420
92$17,888,200$0$0$14,342,206
93$19,458,878$0$0$15,604,238
94$21,181,768$0$0$16,988,670
95$23,072,142$0$0$18,507,787
96$25,146,824$0$0$20,175,121
97$27,424,345$0$0$22,005,579
98$29,925,118$0$0$24,015,581
99$32,671,630$0$0$26,223,214
100$35,688,653$0$0$28,648,404