Can I retire at age 43 with 890,000?

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 $890,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$73,495$72,841$72,202$71,579$70,970$70,523
2 years$36,384$35,706$35,050$34,413$33,795$33,344
3 years$24,015$23,334$22,679$22,049$21,441$21,000
4 years$17,832$17,153$16,505$15,885$15,292$14,864
5 years$14,123$13,448$12,808$12,201$11,625$11,212
6 years$11,651$10,982$10,351$9,757$9,198$8,801
7 years$9,886$9,222$8,602$8,022$7,481$7,098
8 years$8,563$7,905$7,295$6,729$6,206$5,839
9 years$7,534$6,883$6,283$5,732$5,226$4,875
10 years$6,712$6,067$5,478$4,941$4,453$4,117
11 years$6,040$5,401$4,823$4,300$3,830$3,509
12 years$5,480$4,848$4,280$3,772$3,319$3,012
13 years$5,006$4,381$3,824$3,330$2,894$2,602
14 years$4,601$3,982$3,436$2,956$2,537$2,259
15 years$4,250$3,638$3,102$2,636$2,234$1,969
16 years$3,943$3,338$2,812$2,360$1,974$1,723
17 years$3,673$3,074$2,559$2,121$1,750$1,512
18 years$3,432$2,840$2,336$1,911$1,556$1,331
19 years$3,218$2,632$2,139$1,727$1,387$1,174
20 years$3,025$2,446$1,963$1,564$1,239$1,037
21 years$2,851$2,278$1,805$1,420$1,109$918
22 years$2,692$2,127$1,664$1,291$994$814
23 years$2,548$1,989$1,536$1,175$892$722
24 years$2,416$1,864$1,421$1,072$802$642
25 years$2,295$1,749$1,316$979$722$571
26 years$2,183$1,644$1,221$895$650$508
27 years$2,079$1,547$1,133$819$586$453
28 years$1,984$1,458$1,054$751$529$404
29 years$1,895$1,375$980$688$477$361
30 years$1,812$1,299$913$632$431$322
31 years$1,734$1,228$851$580$390$287
32 years$1,662$1,162$794$533$353$257
33 years$1,594$1,100$742$490$319$230
34 years$1,530$1,043$693$451$289$205
35 years$1,470$989$648$415$262$184
36 years$1,414$939$606$383$237$164
37 years$1,360$892$567$352$215$147
38 years$1,310$847$531$325$195$132
39 years$1,262$806$498$300$177$118
40 years$1,217$767$467$276$160$106
41 years$1,174$730$437$255$145$95
42 years$1,133$695$410$235$132$85
43 years$1,094$662$385$217$120$76
44 years$1,057$631$361$201$109$68
45 years$1,022$602$339$185$99$61
46 years$989$574$319$171$90$55
47 years$957$548$299$158$81$49
48 years$926$523$281$146$74$44
49 years$897$499$265$135$67$39
50 years$869$477$249$125$61$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $890,000, adding $3,925 every year, while hoping to spend $39,720 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: 68/16/16 Blend
42$890,000$890,000$890,000$890,000
43$984,829$937,659$923,864$1,047,804
44$1,043,019$941,342$912,551$1,093,980
45$1,105,814$943,875$899,529$1,139,418
46$1,173,641$945,159$884,697$1,188,121
47$1,246,970$945,089$867,951$1,240,407
48$1,326,317$943,554$849,184$1,296,626
49$1,412,251$940,438$828,281$1,357,166
50$1,505,395$935,614$805,123$1,422,454
51$1,606,437$928,950$779,586$1,492,962
52$1,716,130$920,306$751,539$1,569,210
53$1,835,307$909,532$720,847$1,651,773
54$1,964,879$896,470$687,366$1,741,286
55$2,105,852$880,953$650,949$1,838,449
56$2,259,333$862,803$611,439$1,944,036
57$2,426,537$841,832$568,674$2,058,900
58$2,608,803$817,841$522,484$2,183,983
59$2,807,605$790,620$472,692$2,320,325
60$3,024,566$759,945$419,112$2,469,073
61$3,261,469$725,581$361,550$2,631,493
62$3,520,282$687,277$299,805$2,808,984
63$3,803,167$644,769$233,664$3,003,088
64$4,112,506$597,779$162,908$3,215,505
65$4,450,923$546,012$87,307$3,448,115
66$4,821,304$489,154$6,619$3,702,990
67$5,226,831$426,876$0$3,982,415
68$5,671,005$358,830$0$4,302,484
69$6,157,682$284,647$0$4,654,498
70$6,691,110$203,939$0$5,040,442
71$7,275,965$116,295$0$5,463,752
72$7,917,401$21,280$0$5,928,216
73$8,621,090$0$0$6,438,009
74$9,393,283$0$0$7,012,092
75$10,240,864$0$0$7,646,390
76$11,171,417$0$0$8,342,836
77$12,193,295$0$0$9,107,691
78$13,315,700$0$0$9,947,847
79$14,548,768$0$0$10,870,902
80$15,903,668$0$0$11,885,222
81$17,392,702$0$0$13,000,025
82$19,029,424$0$0$14,225,468
83$20,828,765$0$0$15,572,737
84$22,807,176$0$0$17,054,162
85$24,982,783$0$0$18,683,320
86$27,375,554$0$0$20,475,177
87$30,007,490$0$0$22,446,217
88$32,902,831$0$0$24,614,604
89$36,088,287$0$0$27,000,351
90$39,593,284$0$0$29,625,509
91$43,450,247$0$0$32,514,373
92$47,694,901$0$0$35,693,713
93$52,366,611$0$0$39,193,027
94$57,508,750$0$0$43,044,816
95$63,169,111$0$0$47,284,891
96$69,400,355$0$0$51,952,713
97$76,260,507$0$0$57,091,762
98$83,813,506$0$0$62,749,951
99$92,129,805$0$0$68,980,072
100$101,287,038$0$0$75,840,299