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%15%
1 years$72,670$72,022$71,391$70,774$70,172$68,728
2 years$35,975$35,305$34,656$34,026$33,415$31,966
3 years$23,745$23,072$22,425$21,801$21,200$19,792
4 years$17,631$16,961$16,319$15,706$15,120$13,764
5 years$13,964$13,297$12,664$12,064$11,494$10,193
6 years$11,520$10,858$10,235$9,648$9,095$7,851
7 years$9,775$9,119$8,505$7,932$7,397$6,210
8 years$8,467$7,816$7,213$6,654$6,136$5,007
9 years$7,450$6,806$6,213$5,668$5,168$4,094
10 years$6,637$5,999$5,416$4,886$4,403$3,385
11 years$5,972$5,340$4,768$4,252$3,787$2,823
12 years$5,418$4,793$4,232$3,729$3,281$2,370
13 years$4,950$4,332$3,781$3,293$2,862$2,001
14 years$4,549$3,937$3,397$2,923$2,508$1,697
15 years$4,202$3,597$3,067$2,607$2,209$1,444
16 years$3,899$3,300$2,781$2,334$1,952$1,234
17 years$3,631$3,039$2,530$2,097$1,731$1,056
18 years$3,394$2,808$2,310$1,890$1,539$906
19 years$3,182$2,603$2,115$1,708$1,372$779
20 years$2,991$2,419$1,941$1,547$1,225$671
21 years$2,818$2,253$1,785$1,404$1,096$578
22 years$2,662$2,103$1,645$1,276$983$499
23 years$2,519$1,967$1,519$1,162$882$431
24 years$2,389$1,843$1,405$1,060$793$373
25 years$2,269$1,729$1,301$968$714$323
26 years$2,158$1,625$1,207$885$643$280
27 years$2,056$1,530$1,121$810$579$242
28 years$1,961$1,441$1,042$742$523$210
29 years$1,873$1,360$969$681$472$182
30 years$1,791$1,284$903$625$427$158
31 years$1,715$1,214$842$574$386$137
32 years$1,643$1,149$785$527$349$119
33 years$1,576$1,088$733$485$316$103
34 years$1,513$1,031$685$446$286$90
35 years$1,454$978$641$411$259$78
36 years$1,398$928$599$378$235$68
37 years$1,345$882$561$349$213$59
38 years$1,295$838$525$321$193$51
39 years$1,248$797$492$296$175$44
40 years$1,203$758$461$273$159$39
41 years$1,161$721$433$252$144$34
42 years$1,120$687$406$233$131$29
43 years$1,082$655$381$215$118$25
44 years$1,046$624$357$198$108$22
45 years$1,011$595$336$183$98$19
46 years$978$568$315$169$89$17
47 years$946$542$296$156$80$14
48 years$916$517$278$144$73$13
49 years$887$494$262$133$66$11
50 years$859$472$246$123$60$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $880,000, adding $2,138 every year, while hoping to spend $43,576 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: 47/48/5 Blend
42$880,000$880,000$880,000$880,000
43$971,965$925,325$911,685$1,016,290
44$1,024,741$924,302$895,862$1,045,843
45$1,081,440$921,768$878,049$1,073,120
46$1,142,415$917,603$858,132$1,101,686
47$1,208,056$911,680$835,994$1,131,671
48$1,278,790$903,864$811,511$1,163,223
49$1,355,084$894,011$784,555$1,196,507
50$1,437,456$881,971$754,991$1,231,704
51$1,526,470$867,581$722,676$1,269,022
52$1,622,749$850,671$687,465$1,308,687
53$1,726,977$831,062$649,202$1,350,957
54$1,839,905$808,560$607,727$1,396,115
55$1,962,360$782,965$562,871$1,444,479
56$2,095,252$754,061$514,458$1,496,404
57$2,239,579$721,621$462,304$1,552,283
58$2,396,442$685,407$406,217$1,612,555
59$2,567,051$645,163$345,997$1,677,710
60$2,752,736$600,622$281,434$1,748,290
61$2,954,962$551,500$212,309$1,824,900
62$3,175,340$497,496$138,394$1,908,212
63$3,415,645$438,293$59,450$1,998,973
64$3,677,829$373,557$0$2,098,013
65$3,964,039$302,933$0$2,207,576
66$4,276,641$226,047$0$2,330,831
67$4,618,240$142,505$0$2,465,756
68$4,991,701$51,888$0$2,613,623
69$5,400,180$0$0$2,775,845
70$5,847,154$0$0$2,978,415
71$6,336,447$0$0$3,230,263
72$6,872,274$0$0$3,506,163
73$7,459,276$0$0$3,808,516
74$8,102,561$0$0$4,139,969
75$8,807,758$0$0$4,503,434
76$9,581,066$0$0$4,902,119
77$10,429,310$0$0$5,339,560
78$11,360,012$0$0$5,819,648
79$12,381,452$0$0$6,346,672
80$13,502,756$0$0$6,925,355
81$14,733,971$0$0$7,560,901
82$16,086,170$0$0$8,259,041
83$17,571,547$0$0$9,026,089
84$19,203,536$0$0$9,869,002
85$20,996,940$0$0$10,795,443
86$22,968,061$0$0$11,813,854
87$25,134,864$0$0$12,933,538
88$27,517,139$0$0$14,164,742
89$30,136,689$0$0$15,518,756
90$33,017,536$0$0$17,008,019
91$36,186,148$0$0$18,646,238
92$39,671,683$0$0$20,448,512
93$43,506,272$0$0$22,431,479
94$47,725,313$0$0$24,613,471
95$52,367,810$0$0$27,014,687
96$57,476,740$0$0$29,657,382
97$63,099,454$0$0$32,566,078
98$69,288,127$0$0$35,767,797
99$76,100,249$0$0$39,292,309
100$83,599,168$0$0$43,172,423