Can I retire at age 43 with 860,000?

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 $860,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$71,018$70,385$69,768$69,166$68,578$67,975
2 years$35,157$34,503$33,868$33,253$32,656$32,048
3 years$23,205$22,548$21,915$21,305$20,718$20,125
4 years$17,231$16,575$15,948$15,349$14,776$14,202
5 years$13,647$12,995$12,377$11,790$11,233$10,679
6 years$11,258$10,611$10,002$9,428$8,888$8,355
7 years$9,553$8,911$8,312$7,752$7,228$6,717
8 years$8,274$7,639$7,049$6,503$5,997$5,506
9 years$7,280$6,651$6,071$5,539$5,050$4,581
10 years$6,486$5,862$5,293$4,774$4,303$3,855
11 years$5,836$5,219$4,660$4,155$3,701$3,273
12 years$5,295$4,684$4,136$3,645$3,207$2,800
13 years$4,838$4,233$3,695$3,218$2,796$2,409
14 years$4,446$3,848$3,320$2,856$2,451$2,083
15 years$4,107$3,515$2,997$2,547$2,158$1,809
16 years$3,810$3,225$2,718$2,281$1,908$1,576
17 years$3,549$2,970$2,473$2,049$1,691$1,377
18 years$3,317$2,745$2,257$1,847$1,504$1,207
19 years$3,109$2,544$2,067$1,669$1,340$1,060
20 years$2,923$2,364$1,897$1,511$1,197$933
21 years$2,754$2,202$1,745$1,372$1,071$822
22 years$2,601$2,055$1,608$1,247$960$725
23 years$2,462$1,922$1,485$1,136$862$641
24 years$2,334$1,801$1,373$1,036$775$567
25 years$2,217$1,690$1,272$946$697$502
26 years$2,109$1,588$1,179$865$628$445
27 years$2,009$1,495$1,095$792$566$395
28 years$1,917$1,409$1,018$725$511$350
29 years$1,831$1,329$947$665$461$311
30 years$1,751$1,255$882$611$417$276
31 years$1,676$1,186$823$561$377$246
32 years$1,606$1,123$768$515$341$218
33 years$1,540$1,063$717$474$309$194
34 years$1,479$1,008$670$436$279$173
35 years$1,421$956$626$401$253$154
36 years$1,366$907$586$370$229$137
37 years$1,314$861$548$341$208$122
38 years$1,266$819$513$314$188$109
39 years$1,219$779$481$289$171$97
40 years$1,176$741$451$267$155$86
41 years$1,134$705$423$246$141$77
42 years$1,095$671$397$227$128$68
43 years$1,057$640$372$210$116$61
44 years$1,022$610$349$194$105$54
45 years$988$582$328$179$95$48
46 years$955$555$308$165$87$43
47 years$925$529$289$153$79$39
48 years$895$505$272$141$71$34
49 years$867$483$256$130$65$31
50 years$840$461$240$121$59$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $860,000, adding $5,511 every year, while hoping to spend $34,163 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: 57/18/25 Blend
42$860,000$860,000$860,000$860,000
43$953,405$907,825$894,495$1,000,974
44$1,014,303$915,959$888,111$1,042,279
45$1,080,267$923,347$880,369$1,083,195
46$1,151,779$929,915$871,186$1,127,072
47$1,229,367$935,588$860,477$1,174,204
48$1,313,613$940,281$848,153$1,224,918
49$1,405,155$943,909$834,119$1,279,576
50$1,504,697$946,377$818,279$1,338,577
51$1,613,014$947,587$800,529$1,402,361
52$1,730,956$947,433$780,761$1,471,416
53$1,859,461$945,805$758,864$1,546,280
54$1,999,559$942,583$734,720$1,627,549
55$2,152,387$937,642$708,205$1,715,880
56$2,319,192$930,848$679,192$1,811,999
57$2,501,350$922,060$647,545$1,916,709
58$2,700,375$911,128$613,125$2,030,896
59$2,917,933$897,893$575,784$2,155,539
60$3,155,858$882,186$535,369$2,291,719
61$3,416,171$863,828$491,719$2,440,629
62$3,701,096$842,632$444,668$2,603,589
63$4,013,082$818,395$394,039$2,782,053
64$4,354,827$790,907$339,649$2,977,629
65$4,729,301$759,943$281,309$3,192,091
66$5,139,775$725,265$218,818$3,427,398
67$5,589,852$686,623$151,969$3,685,711
68$6,083,500$643,751$80,543$3,969,418
69$6,625,090$596,368$4,314$4,281,151
70$7,219,437$544,177$0$4,623,818
71$7,871,841$486,864$0$5,021,177
72$8,588,146$424,097$0$5,458,781
73$9,374,786$355,527$0$5,939,453
74$10,238,848$280,781$0$6,467,577
75$11,188,141$199,470$0$7,047,981
76$12,231,267$111,180$0$7,685,991
77$13,377,703$15,475$0$8,387,477
78$14,637,889$0$0$9,158,909
79$16,023,328$0$0$10,024,871
80$17,546,691$0$0$10,980,496
81$19,221,940$0$0$12,031,487
82$21,064,458$0$0$13,187,504
83$23,091,191$0$0$14,459,193
84$25,320,813$0$0$15,858,281
85$27,773,898$0$0$17,397,689
86$30,473,114$0$0$19,091,656
87$33,443,437$0$0$20,955,869
88$36,712,389$0$0$23,007,612
89$40,310,292$0$0$25,265,932
90$44,270,558$0$0$27,751,815
91$48,630,003$0$0$30,488,383
92$53,429,192$0$0$33,501,117
93$58,712,825$0$0$36,818,091
94$64,530,154$0$0$40,470,242
95$70,935,453$0$0$44,491,659
96$77,988,524$0$0$48,919,905
97$85,755,265$0$0$53,796,369
98$94,308,288$0$0$59,166,662
99$103,727,607$0$0$65,081,041
100$114,101,394$0$0$71,594,887