Can I retire at age 43 with 480,000?

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 $480,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$39,638$39,285$38,940$38,604$38,276$38,019
2 years$19,623$19,257$18,903$18,560$18,227$17,967
3 years$12,952$12,585$12,232$11,891$11,564$11,310
4 years$9,617$9,251$8,901$8,567$8,247$8,002
5 years$7,617$7,253$6,908$6,580$6,269$6,032
6 years$6,284$5,923$5,583$5,262$4,961$4,732
7 years$5,332$4,974$4,639$4,326$4,034$3,815
8 years$4,618$4,264$3,934$3,629$3,347$3,136
9 years$4,064$3,712$3,389$3,091$2,819$2,617
10 years$3,620$3,272$2,954$2,665$2,402$2,209
11 years$3,257$2,913$2,601$2,319$2,065$1,881
12 years$2,955$2,614$2,308$2,034$1,790$1,614
13 years$2,700$2,363$2,062$1,796$1,561$1,393
14 years$2,481$2,148$1,853$1,594$1,368$1,209
15 years$2,292$1,962$1,673$1,422$1,205$1,053
16 years$2,127$1,800$1,517$1,273$1,065$921
17 years$1,981$1,658$1,380$1,144$944$808
18 years$1,851$1,532$1,260$1,031$839$710
19 years$1,735$1,420$1,153$931$748$626
20 years$1,631$1,319$1,059$844$668$553
21 years$1,537$1,229$974$766$598$489
22 years$1,452$1,147$897$696$536$433
23 years$1,374$1,073$829$634$481$384
24 years$1,303$1,005$766$578$433$341
25 years$1,238$943$710$528$389$303
26 years$1,177$887$658$483$351$270
27 years$1,121$834$611$442$316$240
28 years$1,070$786$568$405$285$214
29 years$1,022$742$529$371$258$191
30 years$977$700$493$341$233$170
31 years$935$662$459$313$210$152
32 years$896$627$428$288$190$136
33 years$860$593$400$265$172$121
34 years$825$562$374$243$156$108
35 years$793$533$349$224$141$97
36 years$762$506$327$206$128$86
37 years$734$481$306$190$116$77
38 years$706$457$287$175$105$69
39 years$681$435$268$162$95$62
40 years$656$413$252$149$86$55
41 years$633$394$236$137$78$50
42 years$611$375$221$127$71$44
43 years$590$357$208$117$65$40
44 years$570$340$195$108$59$36
45 years$551$325$183$100$53$32
46 years$533$310$172$92$48$28
47 years$516$295$162$85$44$26
48 years$500$282$152$79$40$23
49 years$484$269$143$73$36$20
50 years$469$257$134$67$33$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $480,000, adding $5,525 every year, while hoping to spend $21,676 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: 34/45/21 Blend
42$480,000$480,000$480,000$480,000
43$534,659$509,219$501,779$549,243
44$566,131$511,108$495,526$562,403
45$600,087$512,362$488,336$574,204
46$636,757$512,929$480,156$586,484
47$676,394$512,751$470,930$599,298
48$719,277$511,766$460,597$612,708
49$765,712$509,911$449,095$626,787
50$816,034$507,117$436,359$641,613
51$870,615$503,310$422,322$657,275
52$929,859$498,415$406,912$673,875
53$994,216$492,348$390,055$691,526
54$1,064,177$485,024$371,673$710,353
55$1,140,283$476,350$351,684$730,499
56$1,223,131$466,230$330,004$752,122
57$1,313,374$454,559$306,543$775,401
58$1,411,735$441,230$281,209$800,534
59$1,519,008$426,125$253,905$827,742
60$1,636,065$409,124$224,530$857,274
61$1,763,869$390,097$192,977$889,406
62$1,903,478$368,906$159,136$924,446
63$2,056,058$345,407$122,892$962,736
64$2,222,891$319,448$84,124$1,004,661
65$2,405,391$290,865$42,707$1,050,644
66$2,605,112$259,488$0$1,101,161
67$2,823,767$225,137$0$1,157,071
68$3,063,242$187,620$0$1,228,860
69$3,325,614$146,735$0$1,307,632
70$3,613,172$102,270$0$1,394,142
71$3,928,432$53,998$0$1,489,228
72$4,274,171$1,683$0$1,593,817
73$4,653,444$0$0$1,708,935
74$5,069,617$0$0$1,862,917
75$5,526,398$0$0$2,032,911
76$6,027,870$0$0$2,219,615
77$6,578,532$0$0$2,424,711
78$7,183,341$0$0$2,650,057
79$7,847,754$0$0$2,897,695
80$8,577,786$0$0$3,169,878
81$9,380,063$0$0$3,469,088
82$10,261,884$0$0$3,798,057
83$11,231,289$0$0$4,159,798
84$12,297,138$0$0$4,557,628
85$13,469,193$0$0$4,995,202
86$14,758,206$0$0$5,476,549
87$16,176,025$0$0$6,006,107
88$17,735,705$0$0$6,588,764
89$19,451,630$0$0$7,229,908
90$21,339,645$0$0$7,935,475
91$23,417,212$0$0$8,712,006
92$25,703,570$0$0$9,566,707
93$28,219,917$0$0$10,507,519
94$30,989,611$0$0$11,543,192
95$34,038,389$0$0$12,683,366
96$37,394,608$0$0$13,938,665
97$41,089,518$0$0$15,320,795
98$45,157,550$0$0$16,842,654
99$49,636,643$0$0$18,518,456
100$54,568,603$0$0$20,363,862