Can I retire at age 43 with 840,000?

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 $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%17%
1 years$69,366$68,749$68,146$67,557$66,983$65,073
2 years$34,340$33,700$33,080$32,479$31,897$29,988
3 years$22,666$22,023$21,405$20,810$20,236$18,388
4 years$16,830$16,190$15,578$14,992$14,433$12,659
5 years$13,329$12,693$12,089$11,516$10,972$9,277
6 years$10,996$10,365$9,770$9,209$8,681$7,068
7 years$9,331$8,704$8,119$7,571$7,060$5,528
8 years$8,082$7,461$6,885$6,351$5,857$4,405
9 years$7,111$6,496$5,930$5,410$4,933$3,559
10 years$6,335$5,726$5,170$4,663$4,203$2,906
11 years$5,700$5,098$4,552$4,059$3,615$2,392
12 years$5,172$4,575$4,039$3,560$3,132$1,982
13 years$4,725$4,135$3,609$3,143$2,731$1,651
14 years$4,342$3,758$3,243$2,790$2,394$1,382
15 years$4,011$3,433$2,928$2,488$2,108$1,160
16 years$3,722$3,150$2,654$2,228$1,863$976
17 years$3,466$2,901$2,415$2,002$1,652$824
18 years$3,240$2,681$2,205$1,804$1,469$697
19 years$3,037$2,484$2,019$1,630$1,309$590
20 years$2,855$2,309$1,853$1,476$1,169$500
21 years$2,690$2,150$1,704$1,340$1,047$425
22 years$2,541$2,007$1,570$1,218$938$361
23 years$2,405$1,877$1,450$1,109$842$307
24 years$2,280$1,759$1,341$1,012$757$262
25 years$2,166$1,651$1,242$924$681$223
26 years$2,060$1,551$1,152$845$613$190
27 years$1,963$1,460$1,070$773$553$162
28 years$1,872$1,376$994$709$499$138
29 years$1,788$1,298$925$650$451$118
30 years$1,710$1,226$862$596$407$101
31 years$1,637$1,159$804$548$368$86
32 years$1,568$1,096$750$503$333$73
33 years$1,504$1,038$700$463$301$63
34 years$1,444$984$654$426$273$53
35 years$1,387$933$612$392$247$46
36 years$1,334$886$572$361$224$39
37 years$1,284$841$535$333$203$33
38 years$1,236$800$501$307$184$28
39 years$1,191$760$470$283$167$24
40 years$1,148$723$440$261$151$21
41 years$1,108$689$413$241$137$18
42 years$1,069$656$387$222$125$15
43 years$1,033$625$363$205$113$13
44 years$998$596$341$189$103$11
45 years$965$568$320$175$93$9
46 years$933$542$301$161$85$8
47 years$903$517$283$149$77$7
48 years$874$494$266$138$70$6
49 years$847$471$250$127$63$5
50 years$820$450$235$118$58$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $840,000, adding $2,361 every year, while hoping to spend $29,146 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: 34/39/27 Blend
42$840,000$840,000$840,000$840,000
43$928,115$883,595$870,575$952,011
44$991,772$895,880$868,729$982,474
45$1,060,945$907,791$865,843$1,012,520
46$1,136,166$919,277$861,853$1,044,353
47$1,218,020$930,286$856,690$1,078,151
48$1,307,150$940,763$850,282$1,114,112
49$1,404,267$950,648$842,554$1,152,456
50$1,510,148$959,876$833,426$1,193,428
51$1,625,653$968,380$822,815$1,237,297
52$1,751,726$976,086$810,636$1,284,364
53$1,889,406$982,919$796,796$1,334,962
54$2,039,838$988,794$781,201$1,389,460
55$2,204,282$993,626$763,752$1,448,265
56$2,384,126$997,320$744,345$1,511,831
57$2,580,896$999,778$722,870$1,580,659
58$2,796,275$1,000,895$699,213$1,655,304
59$3,032,115$1,000,558$673,256$1,736,383
60$3,290,454$998,649$644,874$1,824,574
61$3,573,540$995,043$613,937$1,920,633
62$3,883,846$989,604$580,308$2,025,394
63$4,224,095$982,192$543,846$2,139,779
64$4,597,289$972,656$504,401$2,264,809
65$5,006,733$960,836$461,819$2,401,616
66$5,456,066$946,563$415,936$2,551,447
67$5,949,298$929,659$366,583$2,715,685
68$6,490,847$909,932$313,584$2,895,859
69$7,085,577$887,183$256,753$3,093,656
70$7,738,848$861,197$195,897$3,310,945
71$8,456,566$831,751$130,814$3,549,789
72$9,245,233$798,605$61,295$3,812,469
73$10,112,017$761,506$0$4,101,506
74$11,064,812$720,189$0$4,423,400
75$12,112,315$674,370$0$4,796,597
76$13,264,108$623,752$0$5,206,890
77$14,530,749$568,017$0$5,658,104
78$15,923,869$506,833$0$6,154,459
79$17,456,283$439,848$0$6,700,613
80$19,142,110$366,687$0$7,301,703
81$20,996,909$286,958$0$7,963,396
82$23,037,820$200,245$0$8,691,944
83$25,283,729$106,109$0$9,494,243
84$27,755,447$4,086$0$10,377,900
85$30,475,902$0$0$11,351,304
86$33,470,360$0$0$12,469,336
87$36,766,659$0$0$13,702,146
88$40,395,474$0$0$15,059,472
89$44,390,604$0$0$16,553,976
90$48,789,293$0$0$18,199,611
91$53,632,581$0$0$20,011,750
92$58,965,687$0$0$22,007,334
93$64,838,441$0$0$24,205,031
94$71,305,752$0$0$26,625,411
95$78,428,122$0$0$29,291,140
96$86,272,223$0$0$32,227,197
97$94,911,523$0$0$35,461,106
98$104,426,976$0$0$39,023,195
99$114,907,791$0$0$42,946,887
100$126,452,272$0$0$47,269,009