Can I retire at age 43?

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 $1,000,000

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
1%2%3%4%5%6%7%8%9%10%
1 years$82,954$82,579$82,209$81,843$81,482$81,126$80,774$80,425$80,081$79,741
2 years$41,271$40,881$40,497$40,119$39,748$39,381$39,021$38,666$38,316$37,972
3 years$27,377$26,983$26,597$26,218$25,847$25,482$25,125$24,774$24,429$24,091
4 years$20,430$20,036$19,650$19,273$18,905$18,545$18,192$17,848$17,511$17,182
5 years$16,262$15,868$15,484$15,111$14,746$14,391$14,046$13,709$13,381$13,061
6 years$13,484$13,091$12,709$12,339$11,979$11,630$11,292$10,963$10,644$10,335
7 years$11,500$11,108$10,729$10,362$10,008$9,665$9,334$9,013$8,704$8,405
8 years$10,012$9,621$9,245$8,882$8,533$8,197$7,873$7,561$7,261$6,973
9 years$8,855$8,466$8,092$7,734$7,390$7,060$6,743$6,440$6,150$5,872
10 years$7,929$7,542$7,171$6,817$6,478$6,155$5,846$5,552$5,271$5,003
11 years$7,172$6,786$6,419$6,069$5,735$5,419$5,118$4,832$4,560$4,303
12 years$6,541$6,157$5,793$5,447$5,119$4,809$4,515$4,238$3,976$3,729
13 years$6,007$5,625$5,264$4,922$4,600$4,296$4,010$3,742$3,489$3,252
14 years$5,550$5,170$4,811$4,474$4,158$3,860$3,582$3,321$3,078$2,850
15 years$5,153$4,775$4,420$4,087$3,776$3,485$3,214$2,962$2,727$2,510
16 years$4,807$4,430$4,078$3,750$3,444$3,160$2,896$2,652$2,426$2,218
17 years$4,501$4,126$3,778$3,454$3,153$2,875$2,619$2,383$2,166$1,967
18 years$4,229$3,857$3,511$3,191$2,896$2,625$2,376$2,148$1,939$1,749
19 years$3,986$3,615$3,273$2,958$2,668$2,403$2,161$1,940$1,740$1,559
20 years$3,767$3,399$3,059$2,748$2,464$2,205$1,970$1,757$1,565$1,392
21 years$3,570$3,203$2,867$2,560$2,281$2,029$1,800$1,595$1,411$1,246
22 years$3,390$3,025$2,692$2,390$2,116$1,870$1,648$1,450$1,274$1,117
23 years$3,226$2,863$2,533$2,235$1,967$1,726$1,512$1,321$1,152$1,002
24 years$3,075$2,714$2,388$2,094$1,831$1,596$1,388$1,205$1,043$901
25 years$2,937$2,578$2,255$1,965$1,707$1,479$1,277$1,100$945$811
26 years$2,810$2,453$2,132$1,847$1,594$1,371$1,176$1,006$858$730
27 years$2,691$2,336$2,019$1,738$1,490$1,273$1,084$921$780$658
28 years$2,582$2,229$1,915$1,638$1,395$1,184$1,001$844$709$594
29 years$2,480$2,129$1,818$1,545$1,307$1,102$925$774$645$537
30 years$2,385$2,036$1,728$1,459$1,226$1,026$855$710$588$485

Sample Expected Returns by Investment Class

Person retiring at age 43 starting with $1,000,000, adding $6,776 every year, while hoping to spend $48,915 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: 50/30/20 Blend
42$1,000,000$1,000,000$1,000,000$1,000,000
43$1,108,989$1,055,989$1,040,489$1,157,936
44$1,170,061$1,055,688$1,023,301$1,192,213
45$1,235,723$1,053,732$1,003,897$1,223,885
46$1,306,391$1,049,989$982,151$1,257,273
47$1,382,523$1,044,318$957,934$1,292,557
48$1,464,621$1,036,571$931,105$1,329,940
49$1,553,237$1,026,588$901,522$1,369,645
50$1,648,977$1,014,201$869,033$1,411,923
51$1,752,509$999,232$833,481$1,457,053
52$1,864,563$981,493$794,702$1,505,344
53$1,985,946$960,784$752,522$1,557,143
54$2,117,543$936,893$706,762$1,612,832
55$2,260,327$909,595$657,233$1,672,840
56$2,415,370$878,654$603,739$1,737,641
57$2,583,847$843,818$546,074$1,807,762
58$2,767,057$804,822$484,025$1,883,790
59$2,966,422$761,384$417,365$1,966,376
60$3,183,513$713,208$345,862$2,056,241
61$3,420,053$659,977$269,271$2,154,187
62$3,677,944$601,361$187,337$2,261,103
63$3,959,274$537,008$99,793$2,377,976
64$4,266,344$466,546$6,360$2,505,899
65$4,601,688$389,583$0$2,646,084
66$4,968,092$305,704$0$2,819,795
67$5,368,625$214,471$0$3,011,342
68$5,806,667$115,423$0$3,221,084
69$6,285,939$8,070$0$3,450,915
70$6,810,536$0$0$3,702,930
71$7,384,971$0$0$4,015,131
72$8,014,210$0$0$4,360,141
73$8,703,725$0$0$4,738,310
74$9,459,540$0$0$5,152,954
75$10,288,292$0$0$5,607,730
76$11,197,288$0$0$6,106,662
77$12,194,579$0$0$6,654,183
78$13,289,032$0$0$7,255,178
79$14,490,413$0$0$7,915,026
80$15,809,480$0$0$8,639,653
81$17,258,086$0$0$9,435,586
82$18,849,284$0$0$10,310,018
83$20,597,457$0$0$11,270,869
84$22,518,449$0$0$12,326,868
85$24,629,713$0$0$13,487,629
86$26,950,479$0$0$14,763,746
87$29,501,932$0$0$16,166,889
88$32,307,413$0$0$17,709,915
89$35,392,635$0$0$19,406,992
90$38,785,931$0$0$21,273,726
91$42,518,515$0$0$23,327,314
92$46,624,780$0$0$25,586,704
93$51,142,619$0$0$28,072,771
94$56,113,784$0$0$30,808,519
95$61,584,279$0$0$33,819,291
96$67,604,791$0$0$37,133,013
97$74,231,172$0$0$40,780,456
98$81,524,960$0$0$44,795,524
99$89,553,964$0$0$49,215,577
100$98,392,900$0$0$54,081,778

Retirement Simulation By Amount