Can I retire at age 43 with 880,000?

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 $880,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$72,670$72,022$71,391$70,774$70,172$69,095
2 years$35,975$35,305$34,656$34,026$33,415$32,333
3 years$23,745$23,072$22,425$21,801$21,200$20,146
4 years$17,631$16,961$16,319$15,706$15,120$14,102
5 years$13,964$13,297$12,664$12,064$11,494$10,515
6 years$11,520$10,858$10,235$9,648$9,095$8,157
7 years$9,775$9,119$8,505$7,932$7,397$6,499
8 years$8,467$7,816$7,213$6,654$6,136$5,279
9 years$7,450$6,806$6,213$5,668$5,168$4,351
10 years$6,637$5,999$5,416$4,886$4,403$3,626
11 years$5,972$5,340$4,768$4,252$3,787$3,048
12 years$5,418$4,793$4,232$3,729$3,281$2,581
13 years$4,950$4,332$3,781$3,293$2,862$2,198
14 years$4,549$3,937$3,397$2,923$2,508$1,880
15 years$4,202$3,597$3,067$2,607$2,209$1,615
16 years$3,899$3,300$2,781$2,334$1,952$1,392
17 years$3,631$3,039$2,530$2,097$1,731$1,203
18 years$3,394$2,808$2,310$1,890$1,539$1,042
19 years$3,182$2,603$2,115$1,708$1,372$904
20 years$2,991$2,419$1,941$1,547$1,225$786
21 years$2,818$2,253$1,785$1,404$1,096$685
22 years$2,662$2,103$1,645$1,276$983$597
23 years$2,519$1,967$1,519$1,162$882$521
24 years$2,389$1,843$1,405$1,060$793$455
25 years$2,269$1,729$1,301$968$714$398
26 years$2,158$1,625$1,207$885$643$348
27 years$2,056$1,530$1,121$810$579$305
28 years$1,961$1,441$1,042$742$523$267
29 years$1,873$1,360$969$681$472$234
30 years$1,791$1,284$903$625$427$205
31 years$1,715$1,214$842$574$386$180
32 years$1,643$1,149$785$527$349$158
33 years$1,576$1,088$733$485$316$139
34 years$1,513$1,031$685$446$286$122
35 years$1,454$978$641$411$259$107
36 years$1,398$928$599$378$235$94
37 years$1,345$882$561$349$213$83
38 years$1,295$838$525$321$193$73
39 years$1,248$797$492$296$175$64
40 years$1,203$758$461$273$159$56
41 years$1,161$721$433$252$144$49
42 years$1,120$687$406$233$131$43
43 years$1,082$655$381$215$118$38
44 years$1,046$624$357$198$108$33
45 years$1,011$595$336$183$98$29
46 years$978$568$315$169$89$26
47 years$946$542$296$156$80$23
48 years$916$517$278$144$73$20
49 years$887$494$262$133$66$18
50 years$859$472$246$123$60$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $880,000, adding $6,036 every year, while hoping to spend $32,938 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: 25/47/28 Blend
42$880,000$880,000$880,000$880,000
43$975,986$929,346$915,706$991,706
44$1,040,491$939,838$911,337$1,015,776
45$1,110,471$949,741$905,717$1,038,375
46$1,186,451$958,990$898,770$1,061,923
47$1,269,006$967,517$890,415$1,086,522
48$1,358,770$975,251$880,570$1,112,286
49$1,456,440$982,114$869,144$1,139,344
50$1,562,784$988,024$856,047$1,167,840
51$1,678,644$992,894$841,182$1,197,936
52$1,804,951$996,631$824,446$1,229,812
53$1,942,727$999,136$805,736$1,263,672
54$2,093,096$1,000,305$784,939$1,299,741
55$2,257,297$1,000,025$761,940$1,338,273
56$2,436,694$998,179$736,618$1,379,549
57$2,632,788$994,641$708,846$1,423,884
58$2,847,232$989,278$678,491$1,471,631
59$3,081,844$981,947$645,415$1,523,179
60$3,338,629$972,500$609,474$1,578,967
61$3,619,793$960,776$570,515$1,639,478
62$3,927,765$946,607$528,381$1,705,255
63$4,265,222$929,815$482,906$1,776,897
64$4,635,108$910,210$433,917$1,855,074
65$5,040,671$887,592$381,235$1,940,529
66$5,485,483$861,748$324,670$2,034,086
67$5,973,482$832,454$264,026$2,136,665
68$6,509,005$799,471$199,098$2,249,281
69$7,096,826$762,548$129,671$2,373,066
70$7,742,209$721,419$55,521$2,509,272
71$8,450,948$675,802$0$2,659,290
72$9,229,427$625,400$0$2,831,716
73$10,084,681$569,896$0$3,039,365
74$11,024,458$508,960$0$3,267,602
75$12,057,292$442,239$0$3,518,604
76$13,192,588$369,361$0$3,794,779
77$14,440,706$289,933$0$4,098,786
78$15,813,060$203,542$0$4,433,565
79$17,322,225$109,749$0$4,802,363
80$18,982,056$8,091$0$5,208,770
81$20,807,819$0$0$5,656,749
82$22,816,331$0$0$6,203,390
83$25,026,125$0$0$6,809,589
84$27,457,617$0$0$7,476,784
85$30,133,304$0$0$8,211,170
86$33,077,974$0$0$9,019,574
87$36,318,939$0$0$9,909,518
88$39,886,294$0$0$10,889,289
89$43,813,198$0$0$11,968,020
90$48,136,188$0$0$13,155,775
91$52,895,527$0$0$14,463,642
92$58,135,575$0$0$15,903,839
93$63,905,216$0$0$17,489,831
94$70,258,315$0$0$19,236,454
95$77,254,225$0$0$21,160,057
96$84,958,349$0$0$23,278,653
97$93,442,756$0$0$25,612,095
98$102,786,860$0$0$28,182,257
99$113,078,170$0$0$31,013,244
100$124,413,116$0$0$34,131,618