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%19.2%
1 years$71,844$71,204$70,579$69,970$69,375$66,807
2 years$35,566$34,904$34,262$33,639$33,036$30,478
3 years$23,475$22,810$22,170$21,553$20,959$18,492
4 years$17,431$16,768$16,134$15,528$14,948$12,590
5 years$13,805$13,146$12,521$11,927$11,363$9,120
6 years$11,389$10,735$10,118$9,538$8,992$6,865
7 years$9,664$9,015$8,408$7,842$7,313$5,302
8 years$8,371$7,728$7,131$6,578$6,066$4,170
9 years$7,365$6,728$6,142$5,603$5,109$3,325
10 years$6,561$5,931$5,355$4,830$4,353$2,677
11 years$5,904$5,280$4,714$4,204$3,744$2,173
12 years$5,357$4,739$4,184$3,687$3,244$1,775
13 years$4,894$4,282$3,738$3,255$2,829$1,456
14 years$4,498$3,893$3,359$2,890$2,480$1,200
15 years$4,154$3,556$3,032$2,577$2,183$992
16 years$3,854$3,263$2,749$2,307$1,930$822
17 years$3,590$3,005$2,502$2,073$1,711$682
18 years$3,355$2,776$2,284$1,868$1,521$567
19 years$3,145$2,573$2,091$1,688$1,356$473
20 years$2,957$2,391$1,919$1,529$1,211$394
21 years$2,786$2,227$1,765$1,388$1,084$329
22 years$2,632$2,079$1,627$1,262$972$275
23 years$2,491$1,945$1,502$1,149$872$230
24 years$2,362$1,822$1,389$1,048$784$192
25 years$2,243$1,710$1,286$957$705$161
26 years$2,134$1,607$1,193$875$635$135
27 years$2,033$1,512$1,108$801$573$113
28 years$1,939$1,425$1,030$734$517$95
29 years$1,852$1,344$958$673$467$79
30 years$1,771$1,270$893$618$422$66
31 years$1,695$1,200$832$567$381$56
32 years$1,624$1,136$777$521$345$47
33 years$1,558$1,075$725$479$312$39
34 years$1,496$1,019$677$441$283$33
35 years$1,437$967$633$406$256$28
36 years$1,382$918$593$374$232$23
37 years$1,330$872$555$345$210$19
38 years$1,280$828$519$318$191$16
39 years$1,234$788$487$293$173$14
40 years$1,189$749$456$270$157$11
41 years$1,147$713$428$249$142$10
42 years$1,108$679$401$230$129$8
43 years$1,070$647$376$212$117$7
44 years$1,034$617$353$196$106$6
45 years$999$588$332$181$97$5
46 years$967$561$312$167$88$4
47 years$935$536$293$154$80$3
48 years$905$511$275$143$72$3
49 years$877$488$259$132$66$2
50 years$849$466$243$122$60$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $870,000, adding $5,668 every year, while hoping to spend $27,837 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: 39/45/16 Blend
42$870,000$870,000$870,000$870,000
43$964,587$918,477$904,992$997,383
44$1,033,356$933,864$905,690$1,036,701
45$1,108,207$949,072$905,480$1,076,077
46$1,189,730$964,062$904,300$1,118,060
47$1,278,577$978,795$902,087$1,162,900
48$1,375,461$993,226$898,777$1,210,872
49$1,481,172$1,007,307$894,299$1,262,282
50$1,596,575$1,020,989$888,582$1,317,467
51$1,722,626$1,034,218$881,550$1,376,798
52$1,860,375$1,046,936$873,123$1,440,688
53$2,010,978$1,059,081$863,218$1,509,590
54$2,175,710$1,070,588$851,748$1,584,006
55$2,355,972$1,081,386$838,621$1,664,491
56$2,553,309$1,091,401$823,742$1,751,658
57$2,769,420$1,100,554$807,011$1,846,183
58$3,006,178$1,108,758$788,323$1,948,814
59$3,265,645$1,115,925$767,570$2,060,376
60$3,550,093$1,121,957$744,635$2,181,780
61$3,862,021$1,126,752$719,399$2,314,034
62$4,204,186$1,130,201$691,738$2,458,250
63$4,579,621$1,132,189$661,519$2,615,655
64$4,991,669$1,132,592$628,606$2,787,606
65$5,444,010$1,131,281$592,855$2,975,599
66$5,940,701$1,128,115$554,118$3,181,287
67$6,486,208$1,122,949$512,237$3,406,495
68$7,085,454$1,115,625$467,049$3,653,238
69$7,743,858$1,105,979$418,383$3,923,738
70$8,467,394$1,093,834$366,061$4,220,450
71$9,262,641$1,079,005$309,897$4,546,084
72$10,136,847$1,061,293$249,695$4,903,630
73$11,097,999$1,040,490$185,254$5,296,387
74$12,154,895$1,016,374$116,360$5,727,998
75$13,317,230$988,712$42,793$6,202,481
76$14,595,681$957,253$0$6,724,272
77$16,002,019$921,736$0$7,304,362
78$17,549,206$881,882$0$7,950,244
79$19,251,528$837,398$0$8,660,606
80$21,124,724$787,971$0$9,442,065
81$23,186,137$733,273$0$10,301,919
82$25,454,875$672,955$0$11,248,216
83$27,951,993$606,650$0$12,289,830
84$30,700,689$533,969$0$13,436,549
85$33,726,526$454,500$0$14,699,163
86$37,057,672$367,810$0$16,089,574
87$40,725,162$273,440$0$17,620,904
88$44,763,195$170,906$0$19,307,621
89$49,209,456$59,695$0$21,165,679
90$54,105,469$0$0$23,212,671
91$59,496,989$0$0$25,498,063
92$65,434,437$0$0$28,047,573
93$71,973,369$0$0$30,855,519
94$79,175,009$0$0$33,948,208
95$87,106,817$0$0$37,354,632
96$95,843,132$0$0$41,106,738
97$105,465,871$0$0$45,239,730
98$116,065,302$0$0$49,792,400
99$127,740,895$0$0$54,807,497
100$140,602,261$0$0$60,332,126