Can I retire at age 43 with 880,000?

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 $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%12.7%
1 years$72,670$72,022$71,391$70,774$70,172$69,382
2 years$35,975$35,305$34,656$34,026$33,415$32,620
3 years$23,745$23,072$22,425$21,801$21,200$20,424
4 years$17,631$16,961$16,319$15,706$15,120$14,369
5 years$13,964$13,297$12,664$12,064$11,494$10,771
6 years$11,520$10,858$10,235$9,648$9,095$8,400
7 years$9,775$9,119$8,505$7,932$7,397$6,730
8 years$8,467$7,816$7,213$6,654$6,136$5,499
9 years$7,450$6,806$6,213$5,668$5,168$4,558
10 years$6,637$5,999$5,416$4,886$4,403$3,822
11 years$5,972$5,340$4,768$4,252$3,787$3,233
12 years$5,418$4,793$4,232$3,729$3,281$2,755
13 years$4,950$4,332$3,781$3,293$2,862$2,361
14 years$4,549$3,937$3,397$2,923$2,508$2,034
15 years$4,202$3,597$3,067$2,607$2,209$1,759
16 years$3,899$3,300$2,781$2,334$1,952$1,526
17 years$3,631$3,039$2,530$2,097$1,731$1,328
18 years$3,394$2,808$2,310$1,890$1,539$1,159
19 years$3,182$2,603$2,115$1,708$1,372$1,013
20 years$2,991$2,419$1,941$1,547$1,225$888
21 years$2,818$2,253$1,785$1,404$1,096$779
22 years$2,662$2,103$1,645$1,276$983$684
23 years$2,519$1,967$1,519$1,162$882$602
24 years$2,389$1,843$1,405$1,060$793$530
25 years$2,269$1,729$1,301$968$714$467
26 years$2,158$1,625$1,207$885$643$412
27 years$2,056$1,530$1,121$810$579$364
28 years$1,961$1,441$1,042$742$523$321
29 years$1,873$1,360$969$681$472$284
30 years$1,791$1,284$903$625$427$251
31 years$1,715$1,214$842$574$386$222
32 years$1,643$1,149$785$527$349$196
33 years$1,576$1,088$733$485$316$174
34 years$1,513$1,031$685$446$286$154
35 years$1,454$978$641$411$259$136
36 years$1,398$928$599$378$235$121
37 years$1,345$882$561$349$213$107
38 years$1,295$838$525$321$193$95
39 years$1,248$797$492$296$175$84
40 years$1,203$758$461$273$159$74
41 years$1,161$721$433$252$144$66
42 years$1,120$687$406$233$131$58
43 years$1,082$655$381$215$118$52
44 years$1,046$624$357$198$108$46
45 years$1,011$595$336$183$98$41
46 years$978$568$315$169$89$36
47 years$946$542$296$156$80$32
48 years$916$517$278$144$73$28
49 years$887$494$262$133$66$25
50 years$859$472$246$123$60$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $880,000, adding $4,250 every year, while hoping to spend $53,923 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: 46/46/8 Blend
42$880,000$880,000$880,000$880,000
43$974,144$927,504$913,864$1,016,613
44$1,016,133$915,578$887,105$1,034,386
45$1,060,598$901,260$857,642$1,047,711
46$1,107,733$884,377$825,328$1,060,921
47$1,157,754$864,743$790,008$1,074,022
48$1,210,893$842,164$751,522$1,087,025
49$1,267,407$816,433$709,700$1,099,947
50$1,327,575$787,330$664,367$1,112,808
51$1,391,702$754,624$615,339$1,125,637
52$1,460,126$718,071$562,422$1,138,470
53$1,533,212$677,410$505,417$1,151,353
54$1,611,364$632,367$444,113$1,164,338
55$1,695,023$582,653$378,290$1,177,493
56$1,784,673$527,961$307,721$1,190,896
57$1,880,846$467,967$232,165$1,204,641
58$1,984,123$402,328$151,374$1,218,836
59$2,095,145$330,683$65,086$1,233,610
60$2,214,613$252,650$0$1,249,113
61$2,343,298$167,824$0$1,267,822
62$2,482,047$75,781$0$1,293,710
63$2,631,791$0$0$1,321,469
64$2,793,550$0$0$1,363,503
65$2,968,448$0$0$1,450,505
66$3,157,719$0$0$1,544,741
67$3,362,720$0$0$1,646,897
68$3,584,944$0$0$1,757,728
69$3,826,029$0$0$1,878,064
70$4,087,782$0$0$2,008,816
71$4,372,185$0$0$2,150,990
72$4,681,422$0$0$2,305,689
73$5,017,894$0$0$2,474,130
74$5,384,243$0$0$2,657,650
75$5,783,378$0$0$2,857,720
76$6,218,498$0$0$3,075,960
77$6,693,125$0$0$3,314,154
78$7,211,134$0$0$3,574,263
79$7,776,792$0$0$3,858,448
80$8,394,796$0$0$4,169,088
81$9,070,317$0$0$4,508,802
82$9,809,048$0$0$4,880,472
83$10,617,256$0$0$5,287,273
84$11,501,844$0$0$5,732,701
85$12,470,410$0$0$6,220,606
86$13,531,325$0$0$6,755,226
87$14,693,805$0$0$7,341,232
88$15,967,999$0$0$7,983,765
89$17,365,087$0$0$8,688,489
90$18,897,382$0$0$9,461,642
91$20,578,443$0$0$10,310,094
92$22,423,209$0$0$11,241,415
93$24,448,133$0$0$12,263,940
94$26,671,338$0$0$13,386,855
95$29,112,790$0$0$14,620,274
96$31,794,480$0$0$15,975,342
97$34,740,636$0$0$17,464,337
98$37,977,948$0$0$19,100,785
99$41,535,821$0$0$20,899,585
100$45,446,645$0$0$22,877,154