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%18%
1 years$69,366$68,749$68,146$67,557$66,983$64,813
2 years$34,340$33,700$33,080$32,479$31,897$29,731
3 years$22,666$22,023$21,405$20,810$20,236$18,143
4 years$16,830$16,190$15,578$14,992$14,433$12,427
5 years$13,329$12,693$12,089$11,516$10,972$9,059
6 years$10,996$10,365$9,770$9,209$8,681$6,864
7 years$9,331$8,704$8,119$7,571$7,060$5,338
8 years$8,082$7,461$6,885$6,351$5,857$4,229
9 years$7,111$6,496$5,930$5,410$4,933$3,396
10 years$6,335$5,726$5,170$4,663$4,203$2,755
11 years$5,700$5,098$4,552$4,059$3,615$2,254
12 years$5,172$4,575$4,039$3,560$3,132$1,855
13 years$4,725$4,135$3,609$3,143$2,731$1,535
14 years$4,342$3,758$3,243$2,790$2,394$1,275
15 years$4,011$3,433$2,928$2,488$2,108$1,063
16 years$3,722$3,150$2,654$2,228$1,863$889
17 years$3,466$2,901$2,415$2,002$1,652$744
18 years$3,240$2,681$2,205$1,804$1,469$625
19 years$3,037$2,484$2,019$1,630$1,309$525
20 years$2,855$2,309$1,853$1,476$1,169$442
21 years$2,690$2,150$1,704$1,340$1,047$372
22 years$2,541$2,007$1,570$1,218$938$314
23 years$2,405$1,877$1,450$1,109$842$265
24 years$2,280$1,759$1,341$1,012$757$224
25 years$2,166$1,651$1,242$924$681$189
26 years$2,060$1,551$1,152$845$613$160
27 years$1,963$1,460$1,070$773$553$135
28 years$1,872$1,376$994$709$499$114
29 years$1,788$1,298$925$650$451$97
30 years$1,710$1,226$862$596$407$82
31 years$1,637$1,159$804$548$368$69
32 years$1,568$1,096$750$503$333$59
33 years$1,504$1,038$700$463$301$50
34 years$1,444$984$654$426$273$42
35 years$1,387$933$612$392$247$36
36 years$1,334$886$572$361$224$30
37 years$1,284$841$535$333$203$26
38 years$1,236$800$501$307$184$22
39 years$1,191$760$470$283$167$18
40 years$1,148$723$440$261$151$16
41 years$1,108$689$413$241$137$13
42 years$1,069$656$387$222$125$11
43 years$1,033$625$363$205$113$9
44 years$998$596$341$189$103$8
45 years$965$568$320$175$93$7
46 years$933$542$301$161$85$6
47 years$903$517$283$149$77$5
48 years$874$494$266$138$70$4
49 years$847$471$250$127$63$4
50 years$820$450$235$118$58$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $840,000, adding $4,126 every year, while hoping to spend $54,863 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: 79/7/14 Blend
42$840,000$840,000$840,000$840,000
43$929,936$885,416$872,396$1,000,449
44$966,416$870,428$843,247$1,032,445
45$1,004,777$852,866$811,284$1,060,091
46$1,045,155$832,547$776,352$1,088,865
47$1,087,696$809,276$738,294$1,118,858
48$1,132,557$782,847$696,944$1,150,168
49$1,179,912$753,041$652,126$1,182,906
50$1,229,951$719,627$603,659$1,217,193
51$1,282,878$682,362$551,354$1,253,162
52$1,338,919$640,985$495,013$1,290,963
53$1,398,321$595,225$434,427$1,330,759
54$1,461,350$544,791$369,381$1,372,732
55$1,528,301$489,379$299,648$1,417,082
56$1,599,494$428,666$224,993$1,464,031
57$1,675,281$362,309$145,169$1,513,824
58$1,756,047$289,949$59,919$1,566,733
59$1,842,212$211,205$0$1,623,058
60$1,934,238$125,675$0$1,687,769
61$2,032,631$32,933$0$1,766,449
62$2,137,944$0$0$1,850,586
63$2,250,786$0$0$1,945,871
64$2,371,823$0$0$2,050,814
65$2,501,787$0$0$2,163,515
66$2,641,480$0$0$2,284,673
67$2,791,784$0$0$2,415,054
68$2,953,666$0$0$2,555,500
69$3,128,190$0$0$2,706,935
70$3,316,522$0$0$2,870,377
71$3,519,946$0$0$3,046,941
72$3,739,871$0$0$3,237,854
73$3,977,847$0$0$3,444,463
74$4,235,576$0$0$3,668,252
75$4,514,931$0$0$3,910,849
76$4,817,971$0$0$4,174,048
77$5,146,960$0$0$4,459,817
78$5,504,390$0$0$4,770,326
79$5,892,999$0$0$5,107,958
80$6,315,801$0$0$5,475,337
81$6,776,114$0$0$5,875,349
82$7,277,586$0$0$6,311,171
83$7,824,232$0$0$6,786,297
84$8,420,473$0$0$7,304,575
85$9,071,173$0$0$7,870,238
86$9,781,686$0$0$8,487,948
87$10,557,907$0$0$9,162,835
88$11,406,325$0$0$9,900,548
89$12,334,085$0$0$10,707,305
90$13,349,052$0$0$11,589,954
91$14,459,887$0$0$12,556,034
92$15,676,128$0$0$13,613,847
93$17,008,278$0$0$14,772,536
94$18,467,903$0$0$16,042,168
95$20,067,740$0$0$17,433,832
96$21,821,818$0$0$18,959,740
97$23,745,587$0$0$20,633,341
98$25,856,066$0$0$22,469,451
99$28,172,000$0$0$24,484,386
100$30,714,035$0$0$26,696,121