Can I retire at age 43 with 840,000?

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 $840,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$69,366$68,749$68,146$67,557$66,983$66,589
2 years$34,340$33,700$33,080$32,479$31,897$31,499
3 years$22,666$22,023$21,405$20,810$20,236$19,848
4 years$16,830$16,190$15,578$14,992$14,433$14,056
5 years$13,329$12,693$12,089$11,516$10,972$10,607
6 years$10,996$10,365$9,770$9,209$8,681$8,331
7 years$9,331$8,704$8,119$7,571$7,060$6,723
8 years$8,082$7,461$6,885$6,351$5,857$5,534
9 years$7,111$6,496$5,930$5,410$4,933$4,622
10 years$6,335$5,726$5,170$4,663$4,203$3,906
11 years$5,700$5,098$4,552$4,059$3,615$3,331
12 years$5,172$4,575$4,039$3,560$3,132$2,862
13 years$4,725$4,135$3,609$3,143$2,731$2,473
14 years$4,342$3,758$3,243$2,790$2,394$2,149
15 years$4,011$3,433$2,928$2,488$2,108$1,874
16 years$3,722$3,150$2,654$2,228$1,863$1,641
17 years$3,466$2,901$2,415$2,002$1,652$1,441
18 years$3,240$2,681$2,205$1,804$1,469$1,269
19 years$3,037$2,484$2,019$1,630$1,309$1,120
20 years$2,855$2,309$1,853$1,476$1,169$991
21 years$2,690$2,150$1,704$1,340$1,047$877
22 years$2,541$2,007$1,570$1,218$938$778
23 years$2,405$1,877$1,450$1,109$842$692
24 years$2,280$1,759$1,341$1,012$757$615
25 years$2,166$1,651$1,242$924$681$548
26 years$2,060$1,551$1,152$845$613$488
27 years$1,963$1,460$1,070$773$553$435
28 years$1,872$1,376$994$709$499$388
29 years$1,788$1,298$925$650$451$347
30 years$1,710$1,226$862$596$407$310
31 years$1,637$1,159$804$548$368$277
32 years$1,568$1,096$750$503$333$248
33 years$1,504$1,038$700$463$301$222
34 years$1,444$984$654$426$273$198
35 years$1,387$933$612$392$247$178
36 years$1,334$886$572$361$224$159
37 years$1,284$841$535$333$203$142
38 years$1,236$800$501$307$184$128
39 years$1,191$760$470$283$167$114
40 years$1,148$723$440$261$151$102
41 years$1,108$689$413$241$137$92
42 years$1,069$656$387$222$125$82
43 years$1,033$625$363$205$113$74
44 years$998$596$341$189$103$66
45 years$965$568$320$175$93$59
46 years$933$542$301$161$85$53
47 years$903$517$283$149$77$48
48 years$874$494$266$138$70$43
49 years$847$471$250$127$63$38
50 years$820$450$235$118$58$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $840,000, adding $5,558 every year, while hoping to spend $35,910 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: 61/14/25 Blend
42$840,000$840,000$840,000$840,000
43$931,413$886,893$873,873$981,707
44$988,209$892,143$864,940$1,021,752
45$1,049,595$896,446$854,504$1,061,046
46$1,116,001$899,719$842,477$1,103,155
47$1,187,899$901,872$828,766$1,148,359
48$1,265,811$902,809$813,275$1,196,970
49$1,350,306$902,430$795,903$1,249,331
50$1,442,015$900,627$776,543$1,305,822
51$1,541,629$897,285$755,086$1,366,861
52$1,649,907$892,285$731,413$1,432,913
53$1,767,688$885,497$705,406$1,504,491
54$1,895,891$876,785$676,936$1,582,159
55$2,035,530$866,005$645,871$1,666,545
56$2,187,719$853,004$612,073$1,758,338
57$2,353,685$837,620$575,396$1,858,304
58$2,534,778$819,681$535,689$1,967,284
59$2,732,485$799,005$492,794$2,086,211
60$2,948,441$775,400$446,546$2,216,114
61$3,184,449$748,660$396,772$2,358,128
62$3,442,490$718,572$343,291$2,513,509
63$3,724,747$684,906$285,915$2,683,643
64$4,033,626$647,420$224,447$2,870,058
65$4,371,772$605,860$158,682$3,074,445
66$4,742,100$559,955$88,406$3,298,667
67$5,147,821$509,419$13,394$3,544,782
68$5,592,470$453,952$0$3,815,062
69$6,079,938$393,232$0$4,129,797
70$6,614,516$326,924$0$4,478,939
71$7,200,924$254,671$0$4,862,036
72$7,844,366$176,098$0$5,282,528
73$8,550,571$90,806$0$5,744,208
74$9,325,849$0$0$6,251,257
75$10,177,155$0$0$6,808,532
76$11,112,146$0$0$7,436,020
77$12,139,259$0$0$8,125,401
78$13,267,789$0$0$8,882,924
79$14,507,973$0$0$9,715,468
80$15,871,093$0$0$10,630,617
81$17,369,576$0$0$11,636,721
82$19,017,111$0$0$12,742,985
83$20,828,785$0$0$13,959,546
84$22,821,215$0$0$15,297,575
85$25,012,711$0$0$16,769,379
86$27,423,448$0$0$18,388,517
87$30,075,652$0$0$20,169,931
88$32,993,813$0$0$22,130,080
89$36,204,917$0$0$24,287,104
90$39,738,693$0$0$26,660,986
91$43,627,902$0$0$29,273,748
92$47,908,641$0$0$32,149,651
93$52,620,681$0$0$35,315,430
94$57,807,848$0$0$38,800,545
95$63,518,432$0$0$42,637,453
96$69,805,642$0$0$46,861,923
97$76,728,110$0$0$51,513,366
98$84,350,442$0$0$56,635,208
99$92,743,828$0$0$62,275,305
100$101,986,713$0$0$68,486,385