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%18.1%
1 years$68,541$67,930$67,334$66,753$66,185$64,015
2 years$33,931$33,299$32,687$32,093$31,517$29,351
3 years$22,396$21,761$21,150$20,562$19,996$17,903
4 years$16,630$15,997$15,392$14,814$14,261$12,257
5 years$13,171$12,542$11,945$11,378$10,841$8,930
6 years$10,865$10,241$9,653$9,099$8,578$6,763
7 years$9,220$8,601$8,022$7,481$6,976$5,256
8 years$7,986$7,372$6,803$6,276$5,788$4,161
9 years$7,026$6,419$5,860$5,346$4,874$3,340
10 years$6,260$5,658$5,109$4,608$4,153$2,708
11 years$5,633$5,037$4,497$4,010$3,572$2,214
12 years$5,110$4,521$3,991$3,518$3,095$1,821
13 years$4,669$4,086$3,566$3,105$2,699$1,506
14 years$4,291$3,714$3,204$2,757$2,366$1,250
15 years$3,963$3,393$2,893$2,458$2,083$1,041
16 years$3,677$3,113$2,623$2,201$1,841$870
17 years$3,425$2,867$2,387$1,978$1,632$728
18 years$3,201$2,649$2,179$1,782$1,451$611
19 years$3,001$2,455$1,995$1,611$1,294$513
20 years$2,821$2,281$1,830$1,459$1,156$431
21 years$2,658$2,125$1,684$1,324$1,034$363
22 years$2,511$1,983$1,552$1,204$927$306
23 years$2,376$1,855$1,433$1,096$832$258
24 years$2,253$1,738$1,325$1,000$748$218
25 years$2,140$1,631$1,227$913$673$184
26 years$2,036$1,533$1,138$835$606$155
27 years$1,939$1,443$1,057$764$547$131
28 years$1,850$1,359$983$700$493$111
29 years$1,767$1,283$914$642$445$94
30 years$1,690$1,211$852$589$402$79
31 years$1,617$1,145$794$541$364$67
32 years$1,550$1,083$741$497$329$57
33 years$1,486$1,026$692$457$298$48
34 years$1,427$972$646$421$270$41
35 years$1,371$922$604$387$244$34
36 years$1,318$875$565$357$221$29
37 years$1,268$831$529$329$201$25
38 years$1,221$790$495$303$182$21
39 years$1,177$751$464$279$165$18
40 years$1,135$715$435$258$150$15
41 years$1,095$680$408$238$136$13
42 years$1,057$648$383$219$123$11
43 years$1,021$617$359$203$112$9
44 years$986$589$337$187$101$8
45 years$953$561$317$173$92$7
46 years$922$535$297$160$84$6
47 years$892$511$279$147$76$5
48 years$864$488$262$136$69$4
49 years$836$466$247$126$63$3
50 years$810$445$232$116$57$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $830,000, adding $6,204 every year, while hoping to spend $27,322 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: 54/25/21 Blend
42$830,000$830,000$830,000$830,000
43$921,059$877,069$864,204$965,202
44$985,937$890,975$864,085$1,010,068
45$1,056,517$904,647$863,046$1,055,497
46$1,133,351$918,044$861,027$1,104,364
47$1,217,047$931,123$857,966$1,157,009
48$1,308,276$943,838$853,798$1,213,802
49$1,407,774$956,140$848,454$1,275,154
50$1,516,351$967,975$841,861$1,341,519
51$1,634,899$979,286$833,944$1,413,395
52$1,764,402$990,015$824,625$1,491,335
53$1,905,941$1,000,095$813,819$1,575,948
54$2,060,706$1,009,459$801,441$1,667,904
55$2,230,009$1,018,033$787,400$1,767,947
56$2,415,292$1,025,739$771,601$1,876,893
57$2,618,146$1,032,494$753,943$1,995,645
58$2,840,320$1,038,209$734,323$2,125,199
59$3,083,742$1,042,791$712,633$2,266,654
60$3,350,535$1,046,140$688,758$2,421,222
61$3,643,038$1,048,148$662,579$2,590,241
62$3,963,824$1,048,704$633,971$2,775,187
63$4,315,729$1,047,686$602,805$2,977,687
64$4,701,879$1,044,967$568,944$3,199,537
65$5,125,713$1,040,413$532,246$3,442,720
66$5,591,021$1,033,879$492,562$3,709,420
67$6,101,980$1,025,214$449,737$4,002,049
68$6,663,187$1,014,255$403,609$4,323,266
69$7,279,710$1,000,831$354,008$4,676,004
70$7,957,130$984,761$300,756$5,063,499
71$8,701,596$965,853$243,670$5,489,320
72$9,519,882$943,903$182,556$5,957,402
73$10,419,450$918,695$117,213$6,472,087
74$11,408,524$890,000$47,429$7,038,162
75$12,496,161$857,578$0$7,660,907
76$13,692,342$821,173$0$8,352,202
77$15,008,064$780,512$0$9,124,146
78$16,455,440$735,312$0$9,973,234
79$18,047,821$685,268$0$10,907,328
80$19,799,913$630,060$0$11,935,098
81$21,727,922$569,350$0$13,066,098
82$23,849,702$502,781$0$14,310,857
83$26,184,929$429,974$0$15,680,986
84$28,755,279$350,530$0$17,189,278
85$31,584,639$264,028$0$18,849,836
86$34,699,327$170,021$0$20,678,206
87$38,128,345$68,038$0$22,691,520
88$41,903,648$0$0$24,908,665
89$46,060,448$0$0$27,362,125
90$50,637,544$0$0$30,084,366
91$55,677,690$0$0$33,082,112
92$61,227,997$0$0$36,383,396
93$67,340,378$0$0$40,019,108
94$74,072,036$0$0$44,023,288
95$81,486,005$0$0$48,433,445
96$89,651,747$0$0$53,290,911
97$98,645,800$0$0$58,641,232
98$108,552,508$0$0$64,534,598
99$119,464,812$0$0$71,026,313
100$131,485,131$0$0$78,177,322