Can I retire at age 43 with 470,000?

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 $470,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$38,812$38,466$38,129$37,800$37,478$37,321
2 years$19,214$18,856$18,509$18,173$17,847$17,687
3 years$12,682$12,323$11,977$11,644$11,323$11,167
4 years$9,417$9,058$8,716$8,389$8,076$7,924
5 years$7,458$7,102$6,764$6,443$6,139$5,993
6 years$6,153$5,799$5,466$5,153$4,857$4,716
7 years$5,221$4,870$4,543$4,236$3,950$3,815
8 years$4,522$4,175$3,852$3,554$3,277$3,147
9 years$3,979$3,635$3,318$3,027$2,760$2,635
10 years$3,545$3,204$2,893$2,609$2,352$2,232
11 years$3,190$2,852$2,547$2,271$2,022$1,908
12 years$2,894$2,560$2,260$1,992$1,753$1,643
13 years$2,644$2,314$2,019$1,759$1,528$1,424
14 years$2,430$2,103$1,814$1,561$1,340$1,240
15 years$2,244$1,921$1,638$1,392$1,180$1,085
16 years$2,082$1,763$1,485$1,247$1,043$952
17 years$1,939$1,623$1,351$1,120$924$839
18 years$1,813$1,500$1,234$1,009$822$741
19 years$1,699$1,390$1,129$912$733$655
20 years$1,597$1,292$1,037$826$654$581
21 years$1,505$1,203$953$750$586$516
22 years$1,422$1,123$879$682$525$460
23 years$1,346$1,050$811$621$471$409
24 years$1,276$984$750$566$423$365
25 years$1,212$924$695$517$381$326
26 years$1,153$868$645$473$343$292
27 years$1,098$817$599$433$309$261
28 years$1,048$770$556$396$279$234
29 years$1,001$726$518$364$252$209
30 years$957$686$482$334$228$188
31 years$916$648$450$306$206$168
32 years$878$613$420$282$186$151
33 years$842$581$392$259$169$135
34 years$808$551$366$238$153$122
35 years$776$522$342$219$138$109
36 years$746$496$320$202$125$98
37 years$718$471$300$186$114$88
38 years$692$447$281$172$103$79
39 years$666$425$263$158$93$71
40 years$643$405$246$146$85$64
41 years$620$385$231$135$77$58
42 years$598$367$217$124$70$52
43 years$578$350$203$115$63$47
44 years$558$333$191$106$57$42
45 years$540$318$179$98$52$38
46 years$522$303$168$90$47$34
47 years$505$289$158$83$43$31
48 years$489$276$149$77$39$28
49 years$474$264$140$71$35$25
50 years$459$252$131$66$32$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $470,000, adding $3,236 every year, while hoping to spend $26,428 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: 76/11/13 Blend
42$470,000$470,000$470,000$470,000
43$521,278$496,368$489,083$559,276
44$546,329$492,571$477,348$580,987
45$573,050$487,702$464,334$601,133
46$601,582$481,681$449,971$622,485
47$632,083$474,422$434,184$645,153
48$664,722$465,835$416,896$669,261
49$699,688$455,825$398,026$694,942
50$737,185$444,291$377,490$722,348
51$777,441$431,124$355,198$751,641
52$820,703$416,211$331,060$783,006
53$867,241$399,433$304,977$816,642
54$917,356$380,661$276,850$852,771
55$971,375$359,762$246,573$891,639
56$1,029,658$336,593$214,036$933,515
57$1,092,600$311,003$179,124$978,700
58$1,160,637$282,834$141,716$1,027,521
59$1,234,246$251,917$101,688$1,080,344
60$1,313,954$218,075$58,908$1,137,571
61$1,400,336$181,120$13,241$1,199,645
62$1,494,029$140,853$0$1,267,056
63$1,595,730$97,066$0$1,345,269
64$1,706,208$49,536$0$1,432,237
65$1,826,308$0$0$1,526,803
66$1,956,960$0$0$1,629,954
67$2,099,185$0$0$1,748,786
68$2,254,110$0$0$1,878,244
69$2,422,972$0$0$2,019,367
70$2,607,135$0$0$2,173,295
71$2,808,099$0$0$2,341,284
72$3,027,515$0$0$2,524,716
73$3,267,200$0$0$2,725,115
74$3,529,156$0$0$2,944,155
75$3,815,586$0$0$3,183,680
76$4,128,915$0$0$3,445,723
77$4,471,814$0$0$3,732,519
78$4,847,223$0$0$4,046,532
79$5,258,382$0$0$4,390,472
80$5,708,856$0$0$4,767,328
81$6,202,574$0$0$5,180,386
82$6,743,860$0$0$5,633,271
83$7,337,479$0$0$6,129,971
84$7,988,678$0$0$6,674,881
85$8,703,237$0$0$7,272,841
86$9,487,522$0$0$7,929,182
87$10,348,546$0$0$8,649,777
88$11,294,033$0$0$9,441,095
89$12,332,492$0$0$10,310,262
90$13,473,298$0$0$11,265,129
91$14,726,777$0$0$12,314,343
92$16,104,306$0$0$13,467,433
93$17,618,418$0$0$14,734,895
94$19,282,921$0$0$16,128,291
95$21,113,027$0$0$17,660,363
96$23,125,496$0$0$19,345,146
97$25,338,794$0$0$21,198,105
98$27,773,264$0$0$23,236,278
99$30,451,323$0$0$25,478,438
100$33,397,667$0$0$27,945,268