Can I retire at age 43 with 830,000?

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 $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%13.9%
1 years$68,541$67,930$67,334$66,753$66,185$65,116
2 years$33,931$33,299$32,687$32,093$31,517$30,442
3 years$22,396$21,761$21,150$20,562$19,996$18,949
4 years$16,630$15,997$15,392$14,814$14,261$13,251
5 years$13,171$12,542$11,945$11,378$10,841$9,870
6 years$10,865$10,241$9,653$9,099$8,578$7,648
7 years$9,220$8,601$8,022$7,481$6,976$6,087
8 years$7,986$7,372$6,803$6,276$5,788$4,939
9 years$7,026$6,419$5,860$5,346$4,874$4,065
10 years$6,260$5,658$5,109$4,608$4,153$3,384
11 years$5,633$5,037$4,497$4,010$3,572$2,841
12 years$5,110$4,521$3,991$3,518$3,095$2,402
13 years$4,669$4,086$3,566$3,105$2,699$2,043
14 years$4,291$3,714$3,204$2,757$2,366$1,746
15 years$3,963$3,393$2,893$2,458$2,083$1,497
16 years$3,677$3,113$2,623$2,201$1,841$1,289
17 years$3,425$2,867$2,387$1,978$1,632$1,112
18 years$3,201$2,649$2,179$1,782$1,451$962
19 years$3,001$2,455$1,995$1,611$1,294$834
20 years$2,821$2,281$1,830$1,459$1,156$724
21 years$2,658$2,125$1,684$1,324$1,034$629
22 years$2,511$1,983$1,552$1,204$927$548
23 years$2,376$1,855$1,433$1,096$832$478
24 years$2,253$1,738$1,325$1,000$748$417
25 years$2,140$1,631$1,227$913$673$364
26 years$2,036$1,533$1,138$835$606$318
27 years$1,939$1,443$1,057$764$547$278
28 years$1,850$1,359$983$700$493$243
29 years$1,767$1,283$914$642$445$213
30 years$1,690$1,211$852$589$402$186
31 years$1,617$1,145$794$541$364$163
32 years$1,550$1,083$741$497$329$143
33 years$1,486$1,026$692$457$298$125
34 years$1,427$972$646$421$270$110
35 years$1,371$922$604$387$244$96
36 years$1,318$875$565$357$221$84
37 years$1,268$831$529$329$201$74
38 years$1,221$790$495$303$182$65
39 years$1,177$751$464$279$165$57
40 years$1,135$715$435$258$150$50
41 years$1,095$680$408$238$136$44
42 years$1,057$648$383$219$123$38
43 years$1,021$617$359$203$112$34
44 years$986$589$337$187$101$30
45 years$953$561$317$173$92$26
46 years$922$535$297$160$84$23
47 years$892$511$279$147$76$20
48 years$864$488$262$136$69$18
49 years$836$466$247$126$63$15
50 years$810$445$232$116$57$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $830,000, adding $5,518 every year, while hoping to spend $52,059 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: 85/6/9 Blend
42$830,000$830,000$830,000$830,000
43$920,352$876,362$863,497$997,043
44$958,837$863,913$837,034$1,035,506
45$999,504$849,110$807,939$1,070,122
46$1,042,518$831,781$776,070$1,106,526
47$1,088,063$811,747$741,277$1,144,863
48$1,136,340$788,816$703,404$1,185,295
49$1,187,565$762,787$662,286$1,227,997
50$1,241,977$733,444$617,754$1,273,165
51$1,299,838$700,562$569,628$1,321,012
52$1,361,433$663,902$517,722$1,371,774
53$1,427,075$623,208$461,841$1,425,708
54$1,497,105$578,214$401,781$1,483,101
55$1,571,899$528,636$337,330$1,544,266
56$1,651,869$474,175$268,266$1,609,549
57$1,737,463$414,513$194,357$1,679,330
58$1,829,177$349,317$115,361$1,754,029
59$1,927,552$278,232$31,024$1,834,108
60$2,033,183$200,887$0$1,920,076
61$2,146,723$116,885$0$2,018,158
62$2,268,887$25,811$0$2,126,857
63$2,400,464$0$0$2,243,898
64$2,542,315$0$0$2,374,867
65$2,695,391$0$0$2,518,048
66$2,860,735$0$0$2,672,713
67$3,039,491$0$0$2,839,936
68$3,232,920$0$0$3,020,895
69$3,442,406$0$0$3,216,888
70$3,669,470$0$0$3,429,340
71$3,915,788$0$0$3,659,818
72$4,183,198$0$0$3,910,046
73$4,473,727$0$0$4,181,921
74$4,789,600$0$0$4,477,528
75$5,133,269$0$0$4,799,163
76$5,507,428$0$0$5,149,349
77$5,915,045$0$0$5,530,865
78$6,359,382$0$0$5,946,769
79$6,844,034$0$0$6,400,425
80$7,372,955$0$0$6,895,538
81$7,950,496$0$0$7,436,184
82$8,581,449$0$0$8,026,850
83$9,271,090$0$0$8,672,478
84$10,025,226$0$0$9,378,506
85$10,850,251$0$0$10,150,926
86$11,753,206$0$0$10,996,329
87$12,741,843$0$0$11,921,980
88$13,824,701$0$0$12,935,873
89$15,011,180$0$0$14,046,816
90$16,311,636$0$0$15,264,507
91$17,737,471$0$0$16,599,627
92$19,301,246$0$0$18,063,941
93$21,016,795$0$0$19,670,406
94$22,899,355$0$0$21,433,295
95$24,965,709$0$0$23,368,328
96$27,234,346$0$0$25,492,823
97$29,725,631$0$0$27,825,856
98$32,461,999$0$0$30,388,440
99$35,468,164$0$0$33,203,725
100$38,771,351$0$0$36,297,212