Can I retire at age 43 with 920,000?

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 $920,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$75,973$75,296$74,636$73,991$73,362$70,563
2 years$37,610$36,910$36,231$35,573$34,934$32,147
3 years$24,824$24,121$23,444$22,792$22,164$19,476
4 years$18,433$17,731$17,061$16,420$15,807$13,240
5 years$14,599$13,902$13,240$12,612$12,017$9,576
6 years$12,044$11,352$10,700$10,086$9,508$7,196
7 years$10,219$9,533$8,892$8,292$7,733$5,548
8 years$8,852$8,172$7,541$6,956$6,415$4,356
9 years$7,788$7,115$6,495$5,925$5,402$3,466
10 years$6,938$6,271$5,662$5,108$4,603$2,786
11 years$6,243$5,583$4,985$4,445$3,959$2,257
12 years$5,664$5,011$4,424$3,899$3,431$1,839
13 years$5,175$4,529$3,953$3,442$2,992$1,506
14 years$4,756$4,116$3,552$3,056$2,622$1,238
15 years$4,393$3,760$3,207$2,725$2,309$1,021
16 years$4,076$3,450$2,907$2,440$2,041$844
17 years$3,796$3,177$2,645$2,192$1,809$700
18 years$3,548$2,936$2,415$1,976$1,609$581
19 years$3,326$2,721$2,211$1,785$1,434$483
20 years$3,127$2,529$2,029$1,617$1,281$402
21 years$2,947$2,355$1,866$1,467$1,146$334
22 years$2,783$2,199$1,720$1,334$1,027$279
23 years$2,634$2,056$1,588$1,215$922$233
24 years$2,497$1,927$1,469$1,108$829$194
25 years$2,372$1,808$1,360$1,012$746$162
26 years$2,256$1,699$1,262$925$672$135
27 years$2,150$1,599$1,172$847$606$113
28 years$2,050$1,507$1,089$776$547$94
29 years$1,958$1,422$1,014$712$494$79
30 years$1,873$1,343$944$653$446$66
31 years$1,793$1,269$880$600$403$55
32 years$1,718$1,201$821$551$365$46
33 years$1,648$1,137$767$507$330$39
34 years$1,582$1,078$716$466$299$32
35 years$1,520$1,022$670$429$271$27
36 years$1,461$970$627$395$245$23
37 years$1,406$922$586$364$222$19
38 years$1,354$876$549$336$202$16
39 years$1,305$833$515$310$183$13
40 years$1,258$792$482$286$166$11
41 years$1,213$754$452$264$150$9
42 years$1,171$718$424$243$136$8
43 years$1,131$684$398$224$124$6
44 years$1,093$652$374$207$112$5
45 years$1,057$622$351$191$102$5
46 years$1,022$593$330$177$93$4
47 years$989$566$310$163$84$3
48 years$957$541$291$151$76$3
49 years$927$516$273$140$69$2
50 years$898$493$257$129$63$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $920,000, adding $4,240 every year, while hoping to spend $53,155 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: 27/44/29 Blend
42$920,000$920,000$920,000$920,000
43$1,018,214$969,454$955,194$1,036,449
44$1,065,515$960,400$930,636$1,042,568
45$1,115,859$949,122$903,474$1,044,305
46$1,169,501$935,453$873,565$1,045,101
47$1,226,719$919,219$840,758$1,044,911
48$1,287,818$900,234$804,897$1,043,695
49$1,353,132$878,303$765,818$1,041,412
50$1,423,028$853,216$723,349$1,038,023
51$1,497,907$824,754$677,312$1,033,494
52$1,578,211$792,684$627,519$1,027,792
53$1,664,422$756,759$573,774$1,020,888
54$1,757,072$716,719$515,874$1,012,759
55$1,856,742$672,287$453,605$1,003,387
56$1,964,073$623,173$386,745$992,761
57$2,079,768$569,067$315,059$980,879
58$2,204,596$509,643$238,306$967,746
59$2,339,407$444,558$156,232$953,379
60$2,485,132$373,447$68,571$937,810
61$2,642,795$295,925$0$921,081
62$2,813,521$211,586$0$910,985
63$2,998,548$120,002$0$923,016
64$3,199,236$20,718$0$936,129
65$3,417,081$0$0$950,549
66$3,653,730$0$0$1,008,530
67$3,910,992$0$0$1,082,600
68$4,190,859$0$0$1,163,317
69$4,495,522$0$0$1,251,333
70$4,827,393$0$0$1,347,360
71$5,189,124$0$0$1,452,187
72$5,583,636$0$0$1,566,678
73$6,014,143$0$0$1,691,789
74$6,484,182$0$0$1,828,568
75$6,997,648$0$0$1,978,172
76$7,558,828$0$0$2,141,872
77$8,172,442$0$0$2,321,071
78$8,843,687$0$0$2,517,310
79$9,578,285$0$0$2,732,290
80$10,382,537$0$0$2,967,882
81$11,263,382$0$0$3,226,147
82$12,228,460$0$0$3,509,354
83$13,286,188$0$0$3,820,003
84$14,445,832$0$0$4,160,849
85$15,717,599$0$0$4,534,923
86$17,112,734$0$0$4,945,568
87$18,643,618$0$0$5,396,464
88$20,323,892$0$0$5,891,664
89$22,168,580$0$0$6,435,634
90$24,194,234$0$0$7,033,294
91$26,419,085$0$0$7,690,064
92$28,863,217$0$0$8,411,915
93$31,548,757$0$0$9,205,425
94$34,500,078$0$0$10,077,841
95$37,744,035$0$0$11,037,148
96$41,310,212$0$0$12,092,142
97$45,231,201$0$0$13,252,515
98$49,542,912$0$0$14,528,946
99$54,284,910$0$0$15,933,200
100$59,500,782$0$0$17,478,241