Can I retire at age 43 with 870,000?

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 $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%14.1%
1 years$71,844$71,204$70,579$69,970$69,375$68,198
2 years$35,566$34,904$34,262$33,639$33,036$31,853
3 years$23,475$22,810$22,170$21,553$20,959$19,808
4 years$17,431$16,768$16,134$15,528$14,948$13,838
5 years$13,805$13,146$12,521$11,927$11,363$10,297
6 years$11,389$10,735$10,118$9,538$8,992$7,970
7 years$9,664$9,015$8,408$7,842$7,313$6,336
8 years$8,371$7,728$7,131$6,578$6,066$5,135
9 years$7,365$6,728$6,142$5,603$5,109$4,222
10 years$6,561$5,931$5,355$4,830$4,353$3,510
11 years$5,904$5,280$4,714$4,204$3,744$2,943
12 years$5,357$4,739$4,184$3,687$3,244$2,485
13 years$4,894$4,282$3,738$3,255$2,829$2,111
14 years$4,498$3,893$3,359$2,890$2,480$1,801
15 years$4,154$3,556$3,032$2,577$2,183$1,543
16 years$3,854$3,263$2,749$2,307$1,930$1,326
17 years$3,590$3,005$2,502$2,073$1,711$1,143
18 years$3,355$2,776$2,284$1,868$1,521$987
19 years$3,145$2,573$2,091$1,688$1,356$854
20 years$2,957$2,391$1,919$1,529$1,211$740
21 years$2,786$2,227$1,765$1,388$1,084$643
22 years$2,632$2,079$1,627$1,262$972$559
23 years$2,491$1,945$1,502$1,149$872$486
24 years$2,362$1,822$1,389$1,048$784$423
25 years$2,243$1,710$1,286$957$705$369
26 years$2,134$1,607$1,193$875$635$322
27 years$2,033$1,512$1,108$801$573$281
28 years$1,939$1,425$1,030$734$517$245
29 years$1,852$1,344$958$673$467$214
30 years$1,771$1,270$893$618$422$187
31 years$1,695$1,200$832$567$381$164
32 years$1,624$1,136$777$521$345$143
33 years$1,558$1,075$725$479$312$125
34 years$1,496$1,019$677$441$283$110
35 years$1,437$967$633$406$256$96
36 years$1,382$918$593$374$232$84
37 years$1,330$872$555$345$210$74
38 years$1,280$828$519$318$191$64
39 years$1,234$788$487$293$173$56
40 years$1,189$749$456$270$157$49
41 years$1,147$713$428$249$142$43
42 years$1,108$679$401$230$129$38
43 years$1,070$647$376$212$117$33
44 years$1,034$617$353$196$106$29
45 years$999$588$332$181$97$25
46 years$967$561$312$167$88$22
47 years$935$536$293$154$80$20
48 years$905$511$275$143$72$17
49 years$877$488$259$132$66$15
50 years$849$466$243$122$60$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $870,000, adding $2,968 every year, while hoping to spend $46,129 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: 28/45/27 Blend
42$870,000$870,000$870,000$870,000
43$961,801$915,691$902,206$980,599
44$1,010,824$911,479$883,350$991,586
45$1,063,301$905,515$862,315$999,185
46$1,119,537$897,664$838,981$1,006,415
47$1,179,863$887,782$813,220$1,013,274
48$1,244,645$875,720$784,899$1,019,768
49$1,314,285$861,317$753,880$1,025,906
50$1,389,223$844,402$720,015$1,031,702
51$1,469,943$824,797$683,155$1,037,179
52$1,556,974$802,309$643,138$1,042,367
53$1,650,902$776,739$599,799$1,047,304
54$1,752,367$747,871$552,965$1,052,038
55$1,862,072$715,481$502,454$1,056,630
56$1,980,793$679,330$448,076$1,061,152
57$2,109,381$639,163$389,633$1,065,694
58$2,248,770$594,715$326,918$1,070,360
59$2,399,991$545,702$259,716$1,075,274
60$2,564,174$491,826$187,800$1,080,582
61$2,742,564$432,770$110,937$1,086,452
62$2,936,531$368,201$28,878$1,093,081
63$3,147,581$297,766$0$1,100,696
64$3,377,371$221,093$0$1,126,466
65$3,627,724$137,789$0$1,163,761
66$3,900,649$47,437$0$1,204,673
67$4,198,352$0$0$1,249,677
68$4,523,267$0$0$1,324,261
69$4,878,068$0$0$1,431,488
70$5,265,702$0$0$1,548,776
71$5,689,412$0$0$1,677,121
72$6,152,768$0$0$1,817,625
73$6,659,702$0$0$1,971,497
74$7,214,543$0$0$2,140,071
75$7,822,058$0$0$2,324,815
76$8,487,496$0$0$2,527,347
77$9,216,638$0$0$2,749,447
78$10,015,849$0$0$2,993,076
79$10,892,142$0$0$3,260,397
80$11,853,240$0$0$3,553,788
81$12,907,647$0$0$3,875,871
82$14,064,733$0$0$4,229,534
83$15,334,818$0$0$4,617,957
84$16,729,270$0$0$5,044,646
85$18,260,610$0$0$5,513,460
86$19,942,633$0$0$6,028,653
87$21,790,534$0$0$6,594,909
88$23,821,055$0$0$7,217,389
89$26,052,637$0$0$7,901,782
90$28,505,598$0$0$8,654,352
91$31,202,323$0$0$9,482,001
92$34,167,472$0$0$10,392,335
93$37,428,215$0$0$11,393,733
94$41,014,487$0$0$12,495,427
95$44,959,269$0$0$13,707,589
96$49,298,901$0$0$15,041,427
97$54,073,419$0$0$16,509,289
98$59,326,938$0$0$18,124,784
99$65,108,064$0$0$19,902,902
100$71,470,353$0$0$21,860,164