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%12.3%
1 years$37,161$36,830$36,507$36,191$35,884$35,538
2 years$18,396$18,054$17,722$17,400$17,087$16,740
3 years$12,142$11,798$11,467$11,148$10,841$10,502
4 years$9,016$8,673$8,345$8,032$7,732$7,403
5 years$7,141$6,800$6,476$6,169$5,878$5,561
6 years$5,891$5,552$5,234$4,933$4,651$4,346
7 years$4,999$4,663$4,349$4,056$3,782$3,490
8 years$4,330$3,997$3,688$3,403$3,138$2,858
9 years$3,810$3,480$3,177$2,898$2,642$2,375
10 years$3,394$3,068$2,770$2,498$2,252$1,996
11 years$3,054$2,731$2,438$2,174$1,936$1,693
12 years$2,771$2,451$2,164$1,907$1,678$1,446
13 years$2,531$2,215$1,933$1,684$1,463$1,243
14 years$2,326$2,013$1,737$1,495$1,283$1,073
15 years$2,149$1,839$1,568$1,333$1,129$931
16 years$1,994$1,688$1,422$1,193$998$810
17 years$1,857$1,554$1,294$1,072$885$707
18 years$1,735$1,436$1,181$966$787$618
19 years$1,627$1,331$1,081$873$701$542
20 years$1,529$1,237$992$791$627$476
21 years$1,441$1,152$913$718$561$419
22 years$1,361$1,075$841$653$503$369
23 years$1,288$1,006$777$594$451$326
24 years$1,222$942$718$542$405$288
25 years$1,160$884$665$495$365$254
26 years$1,104$831$617$453$329$225
27 years$1,051$782$573$414$296$199
28 years$1,003$737$533$380$267$177
29 years$958$695$496$348$241$157
30 years$916$657$462$319$218$139
31 years$877$621$430$293$197$123
32 years$840$587$402$270$178$109
33 years$806$556$375$248$161$97
34 years$774$527$350$228$146$86
35 years$743$500$328$210$132$77
36 years$715$475$306$193$120$68
37 years$688$451$287$178$109$61
38 years$662$428$269$164$99$54
39 years$638$407$252$151$89$48
40 years$615$388$236$140$81$43
41 years$594$369$221$129$74$38
42 years$573$351$207$119$67$34
43 years$553$335$195$110$61$30
44 years$535$319$183$101$55$27
45 years$517$304$172$94$50$24
46 years$500$290$161$86$45$21
47 years$484$277$151$80$41$19
48 years$468$264$142$74$37$17
49 years$454$253$134$68$34$15
50 years$439$241$126$63$31$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $450,000, adding $5,379 every year, while hoping to spend $21,075 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: 62/28/10 Blend
42$450,000$450,000$450,000$450,000
43$501,448$477,598$470,623$531,083
44$530,173$478,577$463,966$552,554
45$561,120$478,897$456,379$573,066
46$594,496$478,505$447,809$594,927
47$630,524$477,341$438,200$618,269
48$669,452$475,346$427,494$643,236
49$711,552$472,453$415,631$669,988
50$757,120$468,593$402,544$698,702
51$806,486$463,694$388,169$729,574
52$860,009$457,676$372,434$762,820
53$918,086$450,459$355,268$798,680
54$981,154$441,954$336,592$837,417
55$1,049,691$432,070$316,327$879,324
56$1,124,226$420,707$294,390$924,724
57$1,205,338$407,763$270,693$973,975
58$1,293,667$393,127$245,146$1,027,470
59$1,389,914$376,684$217,652$1,085,647
60$1,494,855$358,311$188,112$1,148,987
61$1,609,339$337,877$156,423$1,218,023
62$1,734,303$315,245$122,475$1,293,344
63$1,870,780$290,270$86,156$1,375,600
64$2,019,904$262,797$47,346$1,465,510
65$2,182,925$232,665$5,923$1,563,866
66$2,361,220$199,702$0$1,671,547
67$2,556,303$163,726$0$1,793,604
68$2,769,843$124,546$0$1,927,961
69$3,003,677$81,959$0$2,075,183
70$3,259,829$35,752$0$2,236,589
71$3,540,526$0$0$2,413,634
72$3,848,222$0$0$2,612,332
73$4,185,620$0$0$2,842,323
74$4,555,696$0$0$3,094,624
75$4,961,730$0$0$3,371,475
76$5,407,331$0$0$3,675,342
77$5,896,478$0$0$4,008,943
78$6,433,552$0$0$4,375,271
79$7,023,380$0$0$4,777,623
80$7,671,279$0$0$5,219,631
81$8,383,107$0$0$5,705,297
82$9,165,316$0$0$6,239,029
83$10,025,015$0$0$6,825,682
84$10,970,036$0$0$7,470,608
85$12,009,006$0$0$8,179,701
86$13,151,432$0$0$8,959,454
87$14,407,787$0$0$9,817,023
88$15,789,610$0$0$10,760,291
89$17,309,615$0$0$11,797,943
90$18,981,807$0$0$12,939,549
91$20,821,622$0$0$14,195,652
92$22,846,063$0$0$15,577,870
93$25,073,868$0$0$17,099,004
94$27,525,680$0$0$18,773,157
95$30,224,246$0$0$20,615,871
96$33,194,632$0$0$22,644,268
97$36,464,453$0$0$24,877,219
98$40,064,141$0$0$27,335,512
99$44,027,226$0$0$30,042,056
100$48,390,658$0$0$33,022,095