Can I retire at age 43 with 870,000?

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 $870,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$71,844$71,204$70,579$69,970$69,375$68,254
2 years$35,566$34,904$34,262$33,639$33,036$31,909
3 years$23,475$22,810$22,170$21,553$20,959$19,862
4 years$17,431$16,768$16,134$15,528$14,948$13,890
5 years$13,805$13,146$12,521$11,927$11,363$10,346
6 years$11,389$10,735$10,118$9,538$8,992$8,017
7 years$9,664$9,015$8,408$7,842$7,313$6,380
8 years$8,371$7,728$7,131$6,578$6,066$5,177
9 years$7,365$6,728$6,142$5,603$5,109$4,261
10 years$6,561$5,931$5,355$4,830$4,353$3,547
11 years$5,904$5,280$4,714$4,204$3,744$2,978
12 years$5,357$4,739$4,184$3,687$3,244$2,518
13 years$4,894$4,282$3,738$3,255$2,829$2,142
14 years$4,498$3,893$3,359$2,890$2,480$1,830
15 years$4,154$3,556$3,032$2,577$2,183$1,570
16 years$3,854$3,263$2,749$2,307$1,930$1,351
17 years$3,590$3,005$2,502$2,073$1,711$1,166
18 years$3,355$2,776$2,284$1,868$1,521$1,008
19 years$3,145$2,573$2,091$1,688$1,356$874
20 years$2,957$2,391$1,919$1,529$1,211$759
21 years$2,786$2,227$1,765$1,388$1,084$660
22 years$2,632$2,079$1,627$1,262$972$574
23 years$2,491$1,945$1,502$1,149$872$501
24 years$2,362$1,822$1,389$1,048$784$437
25 years$2,243$1,710$1,286$957$705$381
26 years$2,134$1,607$1,193$875$635$333
27 years$2,033$1,512$1,108$801$573$291
28 years$1,939$1,425$1,030$734$517$255
29 years$1,852$1,344$958$673$467$223
30 years$1,771$1,270$893$618$422$195
31 years$1,695$1,200$832$567$381$171
32 years$1,624$1,136$777$521$345$150
33 years$1,558$1,075$725$479$312$131
34 years$1,496$1,019$677$441$283$115
35 years$1,437$967$633$406$256$101
36 years$1,382$918$593$374$232$88
37 years$1,330$872$555$345$210$77
38 years$1,280$828$519$318$191$68
39 years$1,234$788$487$293$173$60
40 years$1,189$749$456$270$157$52
41 years$1,147$713$428$249$142$46
42 years$1,108$679$401$230$129$40
43 years$1,070$647$376$212$117$35
44 years$1,034$617$353$196$106$31
45 years$999$588$332$181$97$27
46 years$967$561$312$167$88$24
47 years$935$536$293$154$80$21
48 years$905$511$275$143$72$18
49 years$877$488$259$132$66$16
50 years$849$466$243$122$60$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $870,000, adding $6,336 every year, while hoping to spend $31,522 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: 61/24/15 Blend
42$870,000$870,000$870,000$870,000
43$965,276$919,166$905,681$1,020,173
44$1,030,195$930,666$902,482$1,069,379
45$1,100,679$941,672$898,119$1,118,938
46$1,177,263$952,129$892,521$1,172,270
47$1,260,534$961,974$885,611$1,229,743
48$1,351,139$971,142$877,310$1,291,762
49$1,449,790$979,562$867,535$1,358,777
50$1,557,270$987,162$856,198$1,431,280
51$1,674,441$993,862$843,210$1,509,818
52$1,802,250$999,577$828,473$1,594,992
53$1,941,741$1,004,219$811,889$1,687,465
54$2,094,064$1,007,691$793,353$1,787,971
55$2,260,484$1,009,892$772,755$1,897,316
56$2,442,392$1,010,716$749,981$2,016,393
57$2,641,322$1,010,047$724,911$2,146,184
58$2,858,961$1,007,764$697,421$2,287,774
59$3,097,169$1,003,739$667,378$2,442,360
60$3,357,992$997,833$634,647$2,611,262
61$3,643,684$989,904$599,084$2,795,937
62$3,956,726$979,795$560,540$2,997,992
63$4,299,852$967,345$518,858$3,219,198
64$4,676,072$952,381$473,875$3,461,510
65$5,088,703$934,718$425,421$3,727,086
66$5,541,395$914,164$373,317$4,018,303
67$6,038,172$890,513$317,378$4,337,785
68$6,583,464$863,547$257,409$4,688,426
69$7,182,152$833,035$193,207$5,073,417
70$7,839,612$798,734$124,560$5,496,278
71$8,561,767$760,387$51,247$5,960,892
72$9,355,141$717,719$0$6,471,540
73$10,226,921$670,443$0$7,037,264
74$11,185,026$618,254$0$7,667,985
75$12,238,178$560,828$0$8,361,274
76$13,395,989$497,826$0$9,123,506
77$14,669,047$428,886$0$9,961,708
78$16,069,016$353,628$0$10,883,625
79$17,608,750$271,650$0$11,897,795
80$19,302,409$182,526$0$13,013,631
81$21,165,593$85,809$0$14,241,506
82$23,215,495$0$0$15,592,857
83$25,471,053$0$0$17,085,302
84$27,953,137$0$0$18,752,647
85$30,684,740$0$0$20,587,688
86$33,691,200$0$0$22,607,455
87$37,000,431$0$0$24,830,713
88$40,643,195$0$0$27,278,138
89$44,653,386$0$0$29,972,513
90$49,068,350$0$0$32,938,942
91$53,929,241$0$0$36,205,088
92$59,281,404$0$0$39,801,431
93$65,174,807$0$0$43,761,560
94$71,664,507$0$0$48,122,483
95$78,811,176$0$0$52,924,984
96$86,681,667$0$0$58,214,002
97$95,349,648$0$0$64,039,055
98$104,896,297$0$0$70,454,711
99$115,411,065$0$0$77,521,100
100$126,992,522$0$0$85,304,481