Can I retire at age 43 with 450,000?

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 $450,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$37,161$36,830$36,507$36,191$35,884$34,693
2 years$18,396$18,054$17,722$17,400$17,087$15,900
3 years$12,142$11,798$11,467$11,148$10,841$9,693
4 years$9,016$8,673$8,345$8,032$7,732$6,633
5 years$7,141$6,800$6,476$6,169$5,878$4,830
6 years$5,891$5,552$5,234$4,933$4,651$3,656
7 years$4,999$4,663$4,349$4,056$3,782$2,840
8 years$4,330$3,997$3,688$3,403$3,138$2,247
9 years$3,810$3,480$3,177$2,898$2,642$1,802
10 years$3,394$3,068$2,770$2,498$2,252$1,461
11 years$3,054$2,731$2,438$2,174$1,936$1,193
12 years$2,771$2,451$2,164$1,907$1,678$981
13 years$2,531$2,215$1,933$1,684$1,463$810
14 years$2,326$2,013$1,737$1,495$1,283$672
15 years$2,149$1,839$1,568$1,333$1,129$560
16 years$1,994$1,688$1,422$1,193$998$467
17 years$1,857$1,554$1,294$1,072$885$391
18 years$1,735$1,436$1,181$966$787$327
19 years$1,627$1,331$1,081$873$701$275
20 years$1,529$1,237$992$791$627$231
21 years$1,441$1,152$913$718$561$194
22 years$1,361$1,075$841$653$503$164
23 years$1,288$1,006$777$594$451$138
24 years$1,222$942$718$542$405$116
25 years$1,160$884$665$495$365$98
26 years$1,104$831$617$453$329$83
27 years$1,051$782$573$414$296$70
28 years$1,003$737$533$380$267$59
29 years$958$695$496$348$241$50
30 years$916$657$462$319$218$42
31 years$877$621$430$293$197$36
32 years$840$587$402$270$178$30
33 years$806$556$375$248$161$25
34 years$774$527$350$228$146$22
35 years$743$500$328$210$132$18
36 years$715$475$306$193$120$15
37 years$688$451$287$178$109$13
38 years$662$428$269$164$99$11
39 years$638$407$252$151$89$9
40 years$615$388$236$140$81$8
41 years$594$369$221$129$74$7
42 years$573$351$207$119$67$6
43 years$553$335$195$110$61$5
44 years$535$319$183$101$55$4
45 years$517$304$172$94$50$3
46 years$500$290$161$86$45$3
47 years$484$277$151$80$41$2
48 years$468$264$142$74$37$2
49 years$454$253$134$68$34$2
50 years$439$241$126$63$31$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $450,000, adding $3,597 every year, while hoping to spend $21,668 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: 61/18/21 Blend
42$450,000$450,000$450,000$450,000
43$499,610$475,760$468,785$527,134
44$527,516$476,018$461,435$546,436
45$557,542$475,562$453,112$564,784
46$589,881$474,335$443,762$584,321
47$624,746$472,275$433,325$605,164
48$662,371$469,316$421,742$627,446
49$703,011$465,391$408,948$651,311
50$746,948$460,425$394,878$676,922
51$794,493$454,342$379,462$704,456
52$845,984$447,058$362,627$734,110
53$901,797$438,486$344,298$766,105
54$962,342$428,534$324,394$800,681
55$1,028,073$417,104$302,834$838,106
56$1,099,488$404,093$279,529$878,678
57$1,177,132$389,391$254,390$922,722
58$1,261,610$372,881$227,322$970,602
59$1,353,583$354,441$198,227$1,022,720
60$1,453,781$333,941$167,000$1,079,517
61$1,563,007$311,244$133,534$1,141,485
62$1,682,143$286,205$97,717$1,209,165
63$1,812,162$258,669$59,431$1,283,157
64$1,954,133$228,475$18,553$1,364,122
65$2,109,236$195,451$0$1,452,792
66$2,278,766$159,416$0$1,555,594
67$2,464,151$120,178$0$1,672,606
68$2,666,963$77,536$0$1,800,682
69$2,888,934$31,276$0$1,940,948
70$3,131,968$0$0$2,094,641
71$3,398,166$0$0$2,266,857
72$3,689,838$0$0$2,462,374
73$4,009,530$0$0$2,676,710
74$4,360,045$0$0$2,911,749
75$4,744,472$0$0$3,169,564
76$5,166,210$0$0$3,452,443
77$5,629,007$0$0$3,762,902
78$6,136,988$0$0$4,103,715
79$6,694,699$0$0$4,477,936
80$7,307,146$0$0$4,888,930
81$7,979,844$0$0$5,340,404
82$8,718,870$0$0$5,836,442
83$9,530,916$0$0$6,381,542
84$10,423,357$0$0$6,980,661
85$11,404,316$0$0$7,639,258
86$12,482,743$0$0$8,363,349
87$13,668,498$0$0$9,159,562
88$14,972,444$0$0$10,035,197
89$16,406,549$0$0$10,998,300
90$17,984,002$0$0$12,057,734
91$19,719,330$0$0$13,223,264
92$21,628,542$0$0$14,505,652
93$23,729,275$0$0$15,916,752
94$26,040,964$0$0$17,469,628
95$28,585,021$0$0$19,178,671
96$31,385,039$0$0$21,059,742
97$34,467,017$0$0$23,130,315
98$37,859,599$0$0$25,409,645
99$41,594,348$0$0$27,918,947
100$45,706,043$0$0$30,681,600