Can I retire at age 43 with 850,000?

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 $850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$70,192$69,567$68,957$68,362$67,780$66,630
2 years$34,749$34,101$33,474$32,866$32,276$31,121
3 years$22,936$22,286$21,660$21,058$20,477$19,353
4 years$17,030$16,382$15,763$15,171$14,605$13,520
5 years$13,488$12,844$12,233$11,653$11,102$10,060
6 years$11,127$10,488$9,886$9,319$8,785$7,787
7 years$9,442$8,808$8,215$7,661$7,144$6,190
8 years$8,178$7,550$6,967$6,427$5,927$5,017
9 years$7,196$6,574$6,001$5,474$4,991$4,125
10 years$6,410$5,794$5,232$4,719$4,253$3,429
11 years$5,768$5,158$4,606$4,107$3,658$2,876
12 years$5,234$4,630$4,088$3,602$3,170$2,428
13 years$4,781$4,184$3,652$3,180$2,764$2,062
14 years$4,394$3,803$3,281$2,823$2,423$1,760
15 years$4,059$3,474$2,963$2,518$2,133$1,507
16 years$3,766$3,188$2,686$2,254$1,885$1,295
17 years$3,507$2,936$2,444$2,026$1,672$1,116
18 years$3,278$2,713$2,231$1,825$1,486$964
19 years$3,073$2,514$2,043$1,649$1,325$834
20 years$2,889$2,336$1,875$1,494$1,183$723
21 years$2,722$2,176$1,724$1,356$1,059$628
22 years$2,571$2,031$1,589$1,233$949$546
23 years$2,433$1,900$1,467$1,123$852$475
24 years$2,307$1,780$1,357$1,024$766$414
25 years$2,191$1,670$1,257$935$689$361
26 years$2,085$1,570$1,166$855$621$315
27 years$1,986$1,478$1,082$783$560$275
28 years$1,894$1,392$1,006$717$505$240
29 years$1,809$1,313$936$658$456$209
30 years$1,730$1,240$872$603$412$183
31 years$1,656$1,173$813$554$373$160
32 years$1,587$1,109$759$509$337$140
33 years$1,522$1,051$708$468$305$122
34 years$1,461$996$662$431$276$107
35 years$1,404$945$619$397$250$94
36 years$1,350$897$579$365$227$82
37 years$1,299$851$542$337$205$72
38 years$1,251$809$507$310$186$63
39 years$1,205$769$475$286$169$55
40 years$1,162$732$446$264$153$48
41 years$1,121$697$418$243$139$42
42 years$1,082$664$392$225$126$37
43 years$1,045$632$368$207$114$32
44 years$1,010$603$345$192$104$28
45 years$976$575$324$177$94$25
46 years$944$548$304$163$86$22
47 years$914$523$286$151$78$19
48 years$885$500$269$139$71$17
49 years$857$477$253$129$64$15
50 years$830$456$238$119$58$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $850,000, adding $5,945 every year, while hoping to spend $30,507 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: 71/19/10 Blend
42$850,000$850,000$850,000$850,000
43$942,832$897,782$884,607$1,007,530
44$1,006,542$909,314$881,782$1,062,668
45$1,075,728$920,389$877,840$1,118,687
46$1,150,915$930,952$872,712$1,179,180
47$1,232,685$940,944$866,323$1,244,582
48$1,321,672$950,304$858,599$1,315,370
49$1,418,579$958,965$849,458$1,392,072
50$1,524,176$966,856$838,817$1,475,268
51$1,639,312$973,903$826,588$1,565,598
52$1,764,922$980,024$812,679$1,663,769
53$1,902,034$985,135$796,993$1,770,557
54$2,051,779$989,145$779,430$1,886,820
55$2,215,405$991,957$759,885$2,013,503
56$2,394,282$993,468$738,247$2,151,647
57$2,589,921$993,571$714,400$2,302,401
58$2,803,985$992,148$688,225$2,467,030
59$3,038,305$989,076$659,594$2,646,930
60$3,294,897$984,227$628,376$2,843,638
61$3,575,983$977,460$594,432$3,058,851
62$3,884,007$968,629$557,620$3,294,438
63$4,221,662$957,579$517,787$3,552,459
64$4,591,915$944,144$474,776$3,835,187
65$4,998,033$928,149$428,424$4,145,125
66$5,443,614$909,410$378,557$4,485,035
67$5,932,621$887,729$324,997$4,857,959
68$6,469,420$862,900$267,557$5,267,254
69$7,058,821$834,702$206,039$5,716,618
70$7,706,120$802,901$140,241$6,210,128
71$8,417,153$767,253$69,949$6,752,280
72$9,198,350$727,496$0$7,348,028
73$10,056,792$683,353$0$8,003,377
74$11,000,282$634,535$0$8,731,806
75$12,037,416$580,732$0$9,532,509
76$13,177,662$521,618$0$10,412,830
77$14,431,456$456,849$0$11,380,864
78$15,810,291$386,061$0$12,445,531
79$17,326,832$308,870$0$13,616,665
80$18,995,034$224,869$0$14,905,102
81$20,830,268$133,629$0$16,322,784
82$22,849,476$34,697$0$17,882,875
83$25,071,320$0$0$19,599,884
84$27,516,365$0$0$21,504,936
85$30,207,270$0$0$23,609,584
86$33,169,000$0$0$25,926,108
87$36,429,065$0$0$28,476,029
88$40,017,777$0$0$31,283,065
89$43,968,536$0$0$34,373,347
90$48,318,143$0$0$37,775,668
91$53,107,152$0$0$41,521,758
92$58,380,248$0$0$45,646,578
93$64,186,668$0$0$50,188,652
94$70,580,670$0$0$55,190,430
95$77,622,040$0$0$60,698,690
96$85,376,657$0$0$66,764,975
97$93,917,115$0$0$73,446,084
98$103,323,410$0$0$80,804,606
99$113,683,689$0$0$88,909,508
100$125,095,087$0$0$97,836,790