Can I retire at age 43 with 930,000?

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 $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%14.4%
1 years$76,799$76,114$75,447$74,796$74,160$72,811
2 years$38,019$37,311$36,625$35,959$35,314$33,960
3 years$25,094$24,383$23,699$23,040$22,405$21,088
4 years$18,633$17,924$17,247$16,599$15,979$14,710
5 years$14,757$14,053$13,384$12,749$12,147$10,928
6 years$12,175$11,475$10,816$10,196$9,612$8,445
7 years$10,330$9,637$8,988$8,383$7,817$6,702
8 years$8,948$8,261$7,623$7,032$6,485$5,422
9 years$7,873$7,192$6,566$5,990$5,461$4,450
10 years$7,014$6,340$5,724$5,163$4,653$3,693
11 years$6,311$5,644$5,039$4,493$4,002$3,091
12 years$5,726$5,066$4,472$3,941$3,468$2,605
13 years$5,231$4,578$3,996$3,480$3,024$2,208
14 years$4,808$4,161$3,590$3,089$2,651$1,880
15 years$4,441$3,801$3,241$2,755$2,334$1,607
16 years$4,120$3,488$2,939$2,467$2,063$1,378
17 years$3,838$3,212$2,674$2,216$1,829$1,185
18 years$3,587$2,968$2,441$1,997$1,626$1,022
19 years$3,362$2,751$2,235$1,805$1,450$882
20 years$3,161$2,556$2,051$1,634$1,295$763
21 years$2,979$2,381$1,887$1,483$1,159$661
22 years$2,813$2,222$1,739$1,349$1,039$573
23 years$2,662$2,079$1,605$1,228$932$498
24 years$2,524$1,948$1,485$1,120$838$432
25 years$2,398$1,828$1,375$1,023$754$376
26 years$2,281$1,718$1,275$935$679$327
27 years$2,173$1,617$1,184$856$612$285
28 years$2,073$1,523$1,101$785$553$248
29 years$1,980$1,437$1,025$719$499$216
30 years$1,893$1,357$954$660$451$189
31 years$1,812$1,283$890$606$408$164
32 years$1,736$1,214$830$557$369$143
33 years$1,665$1,150$775$512$334$125
34 years$1,599$1,090$724$472$302$109
35 years$1,536$1,033$677$434$274$95
36 years$1,477$981$633$400$248$83
37 years$1,421$932$593$368$225$73
38 years$1,369$885$555$339$204$64
39 years$1,319$842$520$313$185$55
40 years$1,271$801$488$289$168$48
41 years$1,227$762$457$266$152$42
42 years$1,184$726$429$246$138$37
43 years$1,144$692$402$227$125$32
44 years$1,105$659$378$210$114$28
45 years$1,068$629$355$194$103$25
46 years$1,033$600$333$179$94$22
47 years$1,000$573$313$165$85$19
48 years$968$547$294$153$77$16
49 years$937$522$276$141$70$14
50 years$908$499$260$130$64$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $930,000, adding $3,874 every year, while hoping to spend $49,180 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: 64/12/24 Blend
42$930,000$930,000$930,000$930,000
43$1,028,856$979,566$965,151$1,088,019
44$1,081,472$975,238$945,156$1,124,085
45$1,137,807$969,049$922,844$1,157,633
46$1,198,188$960,857$898,083$1,193,180
47$1,262,973$950,509$870,740$1,230,927
48$1,332,558$937,846$840,671$1,271,094
49$1,407,374$922,695$807,729$1,313,931
50$1,487,897$904,878$771,759$1,359,709
51$1,574,648$884,203$732,598$1,408,734
52$1,668,200$860,466$690,077$1,461,341
53$1,769,181$833,454$644,020$1,517,904
54$1,878,283$802,939$594,240$1,578,836
55$1,996,266$768,681$540,545$1,644,594
56$2,123,965$730,426$482,733$1,715,686
57$2,262,298$687,905$420,593$1,792,673
58$2,412,274$640,834$353,904$1,876,177
59$2,575,002$588,911$282,437$1,966,885
60$2,751,705$531,820$205,951$2,065,559
61$2,943,724$469,224$124,195$2,173,042
62$3,152,536$400,769$36,908$2,290,266
63$3,379,766$326,078$0$2,418,263
64$3,627,202$244,756$0$2,572,575
65$3,896,812$156,384$0$2,751,084
66$4,190,761$60,521$0$2,945,799
67$4,511,431$0$0$3,158,342
68$4,861,446$0$0$3,396,217
69$5,243,693$0$0$3,664,785
70$5,661,350$0$0$3,958,296
71$6,117,916$0$0$4,279,214
72$6,617,243$0$0$4,630,258
73$7,163,574$0$0$5,014,417
74$7,761,579$0$0$5,434,983
75$8,416,402$0$0$5,895,585
76$9,133,705$0$0$6,400,214
77$9,919,726$0$0$6,953,268
78$10,781,334$0$0$7,559,591
79$11,726,095$0$0$8,224,517
80$12,762,341$0$0$8,953,923
81$13,899,249$0$0$9,754,278
82$15,146,930$0$0$10,632,712
83$16,516,518$0$0$11,597,076
84$18,020,279$0$0$12,656,020
85$19,671,724$0$0$13,819,072
86$21,485,738$0$0$15,096,727
87$23,478,718$0$0$16,500,549
88$25,668,727$0$0$18,043,275
89$28,075,665$0$0$19,738,939
90$30,721,455$0$0$21,603,000
91$33,630,252$0$0$23,652,493
92$36,828,664$0$0$25,906,183
93$40,346,011$0$0$28,384,745
94$44,214,593$0$0$31,110,958
95$48,469,999$0$0$34,109,920
96$53,151,441$0$0$37,409,285
97$58,302,120$0$0$41,039,519
98$63,969,640$0$0$45,034,193
99$70,206,449$0$0$49,430,297
100$77,070,337$0$0$54,268,586