Can I retire at age 43 with 930,000?

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 $930,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$76,799$76,114$75,447$74,796$74,160$73,233
2 years$38,019$37,311$36,625$35,959$35,314$34,382
3 years$25,094$24,383$23,699$23,040$22,405$21,495
4 years$18,633$17,924$17,247$16,599$15,979$15,100
5 years$14,757$14,053$13,384$12,749$12,147$11,301
6 years$12,175$11,475$10,816$10,196$9,612$8,799
7 years$10,330$9,637$8,988$8,383$7,817$7,038
8 years$8,948$8,261$7,623$7,032$6,485$5,740
9 years$7,873$7,192$6,566$5,990$5,461$4,751
10 years$7,014$6,340$5,724$5,163$4,653$3,976
11 years$6,311$5,644$5,039$4,493$4,002$3,357
12 years$5,726$5,066$4,472$3,941$3,468$2,855
13 years$5,231$4,578$3,996$3,480$3,024$2,442
14 years$4,808$4,161$3,590$3,089$2,651$2,099
15 years$4,441$3,801$3,241$2,755$2,334$1,812
16 years$4,120$3,488$2,939$2,467$2,063$1,569
17 years$3,838$3,212$2,674$2,216$1,829$1,363
18 years$3,587$2,968$2,441$1,997$1,626$1,186
19 years$3,362$2,751$2,235$1,805$1,450$1,035
20 years$3,161$2,556$2,051$1,634$1,295$905
21 years$2,979$2,381$1,887$1,483$1,159$792
22 years$2,813$2,222$1,739$1,349$1,039$694
23 years$2,662$2,079$1,605$1,228$932$609
24 years$2,524$1,948$1,485$1,120$838$535
25 years$2,398$1,828$1,375$1,023$754$471
26 years$2,281$1,718$1,275$935$679$414
27 years$2,173$1,617$1,184$856$612$365
28 years$2,073$1,523$1,101$785$553$321
29 years$1,980$1,437$1,025$719$499$283
30 years$1,893$1,357$954$660$451$250
31 years$1,812$1,283$890$606$408$220
32 years$1,736$1,214$830$557$369$195
33 years$1,665$1,150$775$512$334$172
34 years$1,599$1,090$724$472$302$152
35 years$1,536$1,033$677$434$274$134
36 years$1,477$981$633$400$248$118
37 years$1,421$932$593$368$225$105
38 years$1,369$885$555$339$204$92
39 years$1,319$842$520$313$185$82
40 years$1,271$801$488$289$168$72
41 years$1,227$762$457$266$152$64
42 years$1,184$726$429$246$138$56
43 years$1,144$692$402$227$125$50
44 years$1,105$659$378$210$114$44
45 years$1,068$629$355$194$103$39
46 years$1,033$600$333$179$94$35
47 years$1,000$573$313$165$85$31
48 years$968$547$294$153$77$27
49 years$937$522$276$141$70$24
50 years$908$499$260$130$64$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $930,000, adding $3,290 every year, while hoping to spend $41,983 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: 57/34/9 Blend
42$930,000$930,000$930,000$930,000
43$1,028,254$978,964$964,549$1,084,498
44$1,088,466$982,263$952,191$1,126,087
45$1,153,413$984,317$938,013$1,166,406
46$1,223,533$985,021$921,909$1,209,317
47$1,299,308$984,262$903,767$1,255,073
48$1,381,268$981,921$883,474$1,303,953
49$1,469,995$977,873$860,908$1,356,267
50$1,566,128$971,983$835,943$1,412,357
51$1,670,373$964,110$808,446$1,472,604
52$1,783,502$954,102$778,280$1,537,426
53$1,906,368$941,801$745,301$1,607,288
54$2,039,905$927,037$709,356$1,682,704
55$2,185,144$909,631$670,289$1,764,242
56$2,343,219$889,393$627,933$1,852,531
57$2,515,376$866,122$582,117$1,948,267
58$2,702,987$839,604$532,661$2,052,219
59$2,907,562$809,615$479,375$2,165,237
60$3,130,763$775,916$422,064$2,288,263
61$3,374,419$738,255$360,522$2,422,337
62$3,640,545$696,364$294,534$2,568,608
63$3,931,356$649,961$223,877$2,728,347
64$4,249,293$598,748$148,316$2,902,960
65$4,597,044$542,410$67,607$3,093,998
66$4,977,566$480,612$0$3,303,179
67$5,394,118$413,002$0$3,534,177
68$5,850,286$339,207$0$3,794,351
69$6,350,022$258,835$0$4,079,545
70$6,897,675$171,469$0$4,392,341
71$7,498,038$76,671$0$4,735,594
72$8,156,387$0$0$5,112,453
73$8,878,534$0$0$5,536,130
74$9,670,881$0$0$6,032,549
75$10,540,480$0$0$6,577,452
76$11,495,097$0$0$7,175,717
77$12,543,290$0$0$7,832,717
78$13,694,483$0$0$8,554,371
79$14,959,058$0$0$9,347,200
80$16,348,453$0$0$10,218,385
81$17,875,270$0$0$11,175,842
82$19,553,389$0$0$12,228,287
83$21,398,103$0$0$13,385,326
84$23,426,262$0$0$14,657,540
85$25,656,428$0$0$16,056,587
86$28,109,053$0$0$17,595,312
87$30,806,669$0$0$19,287,868
88$33,774,102$0$0$21,149,846
89$37,038,706$0$0$23,198,426
90$40,630,618$0$0$25,452,537
91$44,583,045$0$0$27,933,036
92$48,932,575$0$0$30,662,901
93$53,719,522$0$0$33,667,456
94$58,988,306$0$0$36,974,598
95$64,787,871$0$0$40,615,070
96$71,172,150$0$0$44,622,746
97$78,200,566$0$0$49,034,950
98$85,938,599$0$0$53,892,811
99$94,458,402$0$0$59,241,647
100$103,839,477$0$0$65,131,395