Can I retire at age 43 with 830,000?

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 $830,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$68,541$67,930$67,334$66,753$66,185$64,717
2 years$33,931$33,299$32,687$32,093$31,517$30,045
3 years$22,396$21,761$21,150$20,562$19,996$18,566
4 years$16,630$15,997$15,392$14,814$14,261$12,885
5 years$13,171$12,542$11,945$11,378$10,841$9,523
6 years$10,865$10,241$9,653$9,099$8,578$7,319
7 years$9,220$8,601$8,022$7,481$6,976$5,776
8 years$7,986$7,372$6,803$6,276$5,788$4,646
9 years$7,026$6,419$5,860$5,346$4,874$3,790
10 years$6,260$5,658$5,109$4,608$4,153$3,126
11 years$5,633$5,037$4,497$4,010$3,572$2,600
12 years$5,110$4,521$3,991$3,518$3,095$2,177
13 years$4,669$4,086$3,566$3,105$2,699$1,833
14 years$4,291$3,714$3,204$2,757$2,366$1,550
15 years$3,963$3,393$2,893$2,458$2,083$1,316
16 years$3,677$3,113$2,623$2,201$1,841$1,121
17 years$3,425$2,867$2,387$1,978$1,632$957
18 years$3,201$2,649$2,179$1,782$1,451$819
19 years$3,001$2,455$1,995$1,611$1,294$702
20 years$2,821$2,281$1,830$1,459$1,156$602
21 years$2,658$2,125$1,684$1,324$1,034$518
22 years$2,511$1,983$1,552$1,204$927$446
23 years$2,376$1,855$1,433$1,096$832$384
24 years$2,253$1,738$1,325$1,000$748$331
25 years$2,140$1,631$1,227$913$673$286
26 years$2,036$1,533$1,138$835$606$246
27 years$1,939$1,443$1,057$764$547$213
28 years$1,850$1,359$983$700$493$184
29 years$1,767$1,283$914$642$445$159
30 years$1,690$1,211$852$589$402$138
31 years$1,617$1,145$794$541$364$119
32 years$1,550$1,083$741$497$329$103
33 years$1,486$1,026$692$457$298$89
34 years$1,427$972$646$421$270$77
35 years$1,371$922$604$387$244$67
36 years$1,318$875$565$357$221$58
37 years$1,268$831$529$329$201$50
38 years$1,221$790$495$303$182$43
39 years$1,177$751$464$279$165$38
40 years$1,135$715$435$258$150$32
41 years$1,095$680$408$238$136$28
42 years$1,057$648$383$219$123$24
43 years$1,021$617$359$203$112$21
44 years$986$589$337$187$101$18
45 years$953$561$317$173$92$16
46 years$922$535$297$160$84$14
47 years$892$511$279$147$76$12
48 years$864$488$262$136$69$10
49 years$836$466$247$126$63$9
50 years$810$445$232$116$57$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $830,000, adding $5,472 every year, while hoping to spend $54,697 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$830,000$830,000$830,000$830,000
43$920,304$876,314$863,449$984,033
44$955,978$861,057$834,178$1,011,722
45$993,458$843,218$802,092$1,034,810
46$1,032,869$822,614$767,041$1,058,649
47$1,074,350$799,051$728,865$1,083,301
48$1,118,050$772,320$687,398$1,108,834
49$1,164,131$742,205$642,467$1,135,326
50$1,212,773$708,473$593,890$1,162,862
51$1,264,168$670,880$541,477$1,191,538
52$1,318,527$629,167$485,031$1,221,461
53$1,376,082$583,061$424,344$1,252,750
54$1,437,083$532,273$359,201$1,285,538
55$1,501,807$476,496$289,376$1,319,973
56$1,570,555$415,407$214,633$1,356,221
57$1,643,655$348,665$134,726$1,394,465
58$1,721,467$275,909$49,399$1,434,910
59$1,804,386$196,759$0$1,477,784
60$1,892,844$110,810$0$1,530,008
61$1,987,314$17,640$0$1,594,067
62$2,088,314$0$0$1,662,406
63$2,196,412$0$0$1,746,411
64$2,312,231$0$0$1,838,937
65$2,436,455$0$0$1,938,203
66$2,569,833$0$0$2,044,814
67$2,713,190$0$0$2,159,429
68$2,867,427$0$0$2,282,775
69$3,033,538$0$0$2,415,650
70$3,212,612$0$0$2,558,930
71$3,405,845$0$0$2,713,575
72$3,614,553$0$0$2,880,644
73$3,840,180$0$0$3,061,298
74$4,084,315$0$0$3,256,813
75$4,348,703$0$0$3,468,594
76$4,635,264$0$0$3,698,184
77$4,946,109$0$0$3,947,279
78$5,283,559$0$0$4,217,746
79$5,650,166$0$0$4,511,638
80$6,048,739$0$0$4,831,213
81$6,482,368$0$0$5,178,955
82$6,954,451$0$0$5,557,598
83$7,468,730$0$0$5,970,150
84$8,029,321$0$0$6,419,921
85$8,640,753$0$0$6,910,554
86$9,308,013$0$0$7,446,060
87$10,036,590$0$0$8,030,852
88$10,832,525$0$0$8,669,790
89$11,702,470$0$0$9,368,222
90$12,653,747$0$0$10,132,040
91$13,694,421$0$0$10,967,727
92$14,833,367$0$0$11,882,424
93$16,080,363$0$0$12,883,993
94$17,446,173$0$0$13,981,094
95$18,942,652$0$0$15,183,262
96$20,582,857$0$0$16,500,998
97$22,381,166$0$0$17,945,868
98$24,353,417$0$0$19,530,610
99$26,517,053$0$0$21,269,255
100$28,891,287$0$0$23,177,257