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%13.3%
1 years$68,541$67,930$67,334$66,753$66,185$65,277
2 years$33,931$33,299$32,687$32,093$31,517$30,603
3 years$22,396$21,761$21,150$20,562$19,996$19,105
4 years$16,630$15,997$15,392$14,814$14,261$13,401
5 years$13,171$12,542$11,945$11,378$10,841$10,013
6 years$10,865$10,241$9,653$9,099$8,578$7,784
7 years$9,220$8,601$8,022$7,481$6,976$6,216
8 years$7,986$7,372$6,803$6,276$5,788$5,061
9 years$7,026$6,419$5,860$5,346$4,874$4,181
10 years$6,260$5,658$5,109$4,608$4,153$3,493
11 years$5,633$5,037$4,497$4,010$3,572$2,944
12 years$5,110$4,521$3,991$3,518$3,095$2,499
13 years$4,669$4,086$3,566$3,105$2,699$2,133
14 years$4,291$3,714$3,204$2,757$2,366$1,830
15 years$3,963$3,393$2,893$2,458$2,083$1,576
16 years$3,677$3,113$2,623$2,201$1,841$1,362
17 years$3,425$2,867$2,387$1,978$1,632$1,181
18 years$3,201$2,649$2,179$1,782$1,451$1,026
19 years$3,001$2,455$1,995$1,611$1,294$893
20 years$2,821$2,281$1,830$1,459$1,156$779
21 years$2,658$2,125$1,684$1,324$1,034$680
22 years$2,511$1,983$1,552$1,204$927$595
23 years$2,376$1,855$1,433$1,096$832$521
24 years$2,253$1,738$1,325$1,000$748$456
25 years$2,140$1,631$1,227$913$673$400
26 years$2,036$1,533$1,138$835$606$351
27 years$1,939$1,443$1,057$764$547$309
28 years$1,850$1,359$983$700$493$271
29 years$1,767$1,283$914$642$445$239
30 years$1,690$1,211$852$589$402$210
31 years$1,617$1,145$794$541$364$185
32 years$1,550$1,083$741$497$329$163
33 years$1,486$1,026$692$457$298$143
34 years$1,427$972$646$421$270$126
35 years$1,371$922$604$387$244$111
36 years$1,318$875$565$357$221$98
37 years$1,268$831$529$329$201$86
38 years$1,221$790$495$303$182$76
39 years$1,177$751$464$279$165$67
40 years$1,135$715$435$258$150$59
41 years$1,095$680$408$238$136$52
42 years$1,057$648$383$219$123$46
43 years$1,021$617$359$203$112$41
44 years$986$589$337$187$101$36
45 years$953$561$317$173$92$32
46 years$922$535$297$160$84$28
47 years$892$511$279$147$76$25
48 years$864$488$262$136$69$22
49 years$836$466$247$126$63$19
50 years$810$445$232$116$57$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $830,000, adding $3,072 every year, while hoping to spend $24,004 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: 53/28/19 Blend
42$830,000$830,000$830,000$830,000
43$917,829$873,839$860,974$961,561
44$985,907$891,117$864,276$1,009,175
45$1,060,125$908,437$866,885$1,058,182
46$1,141,084$925,776$868,751$1,110,987
47$1,229,444$943,109$869,824$1,167,960
48$1,325,933$960,407$870,050$1,229,507
49$1,431,355$977,643$869,372$1,296,076
50$1,546,589$994,784$867,732$1,368,162
51$1,672,608$1,011,796$865,069$1,446,310
52$1,810,482$1,028,642$861,316$1,531,122
53$1,961,388$1,045,282$856,407$1,623,260
54$2,126,623$1,061,674$850,270$1,723,456
55$2,307,614$1,077,772$842,830$1,832,514
56$2,505,936$1,093,527$834,009$1,951,325
57$2,723,318$1,108,887$823,726$2,080,869
58$2,961,670$1,123,796$811,894$2,222,225
59$3,223,092$1,138,193$798,424$2,376,587
60$3,509,897$1,152,015$783,221$2,545,268
61$3,824,635$1,165,192$766,188$2,729,718
62$4,170,114$1,177,652$747,221$2,931,534
63$4,549,425$1,189,317$726,212$3,152,480
64$4,965,976$1,200,103$703,050$3,394,498
65$5,423,519$1,209,922$677,616$3,659,731
66$5,926,189$1,218,678$649,786$3,950,542
67$6,478,539$1,226,273$619,433$4,269,536
68$7,085,587$1,232,597$586,421$4,619,585
69$7,752,860$1,237,538$550,610$5,003,857
70$8,486,449$1,240,973$511,852$5,425,845
71$9,293,061$1,242,776$469,993$5,889,398
72$10,180,089$1,242,808$424,874$6,398,764
73$11,155,677$1,240,924$376,326$6,958,621
74$12,228,797$1,236,971$324,174$7,574,132
75$13,409,336$1,230,783$268,235$8,250,987
76$14,708,185$1,222,189$208,318$8,995,459
77$16,137,347$1,211,003$144,224$9,814,465
78$17,710,044$1,197,030$75,743$10,715,629
79$19,440,847$1,180,063$2,659$11,707,358
80$21,345,810$1,159,882$0$12,798,920
81$23,442,622$1,136,256$0$14,015,805
82$25,750,774$1,108,937$0$15,355,570
83$28,291,743$1,077,666$0$16,830,144
84$31,089,195$1,042,165$0$18,453,267
85$34,169,205$1,002,143$0$20,240,083
86$37,560,507$957,291$0$22,207,282
87$41,294,762$907,281$0$24,373,260
88$45,406,858$851,769$0$26,758,292
89$49,935,238$790,386$0$29,384,724
90$54,922,266$722,748$0$32,277,184
91$60,414,619$648,446$0$35,462,814
92$66,463,737$567,046$0$38,971,531
93$73,126,299$478,092$0$42,836,304
94$80,464,766$381,103$0$47,093,472
95$88,547,963$275,568$0$51,783,083
96$97,451,734$160,950$0$56,949,275
97$107,259,653$36,679$0$62,640,694
98$118,063,818$0$0$68,910,954
99$129,965,713$0$0$75,849,287
100$143,077,172$0$0$83,505,323