Can I retire at age 43 with 490,000?

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 $490,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$40,464$40,103$39,752$39,408$39,073$37,642
2 years$20,032$19,658$19,297$18,946$18,606$17,180
3 years$13,222$12,847$12,486$12,139$11,805$10,429
4 years$9,817$9,444$9,087$8,746$8,419$7,104
5 years$7,775$7,404$7,052$6,717$6,400$5,149
6 years$6,415$6,046$5,699$5,372$5,064$3,878
7 years$5,443$5,077$4,736$4,417$4,119$2,997
8 years$4,714$4,352$4,016$3,705$3,417$2,358
9 years$4,148$3,789$3,459$3,156$2,877$1,881
10 years$3,695$3,340$3,016$2,720$2,452$1,516
11 years$3,325$2,974$2,655$2,368$2,109$1,231
12 years$3,017$2,669$2,356$2,077$1,827$1,006
13 years$2,756$2,412$2,105$1,833$1,593$826
14 years$2,533$2,192$1,892$1,627$1,397$681
15 years$2,340$2,003$1,708$1,451$1,230$563
16 years$2,171$1,838$1,548$1,300$1,087$467
17 years$2,022$1,692$1,409$1,168$964$388
18 years$1,890$1,564$1,286$1,052$857$323
19 years$1,772$1,449$1,177$951$764$269
20 years$1,665$1,347$1,081$861$682$225
21 years$1,569$1,254$994$782$610$188
22 years$1,482$1,171$916$711$547$157
23 years$1,403$1,095$846$647$491$131
24 years$1,330$1,026$782$590$442$110
25 years$1,263$963$725$539$397$92
26 years$1,202$905$672$493$358$77
27 years$1,145$852$624$451$323$65
28 years$1,092$803$580$413$291$54
29 years$1,043$757$540$379$263$45
30 years$997$715$503$348$238$38
31 years$955$676$469$319$215$32
32 years$915$640$437$294$194$27
33 years$878$606$408$270$176$23
34 years$842$574$382$248$159$19
35 years$809$544$357$229$144$16
36 years$778$517$334$211$131$13
37 years$749$491$312$194$118$11
38 years$721$466$292$179$107$9
39 years$695$444$274$165$97$8
40 years$670$422$257$152$88$7
41 years$646$402$241$140$80$6
42 years$624$383$226$130$73$5
43 years$603$365$212$120$66$4
44 years$582$347$199$110$60$3
45 years$563$331$187$102$54$3
46 years$544$316$175$94$49$2
47 years$527$302$165$87$45$2
48 years$510$288$155$80$41$2
49 years$494$275$146$74$37$1
50 years$478$263$137$69$34$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $490,000, adding $2,212 every year, while hoping to spend $33,148 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: 62/19/19 Blend
42$490,000$490,000$490,000$490,000
43$542,262$516,292$508,697$573,107
44$562,303$506,321$490,469$584,197
45$583,278$494,750$470,519$592,392
46$605,246$481,467$448,756$600,571
47$628,273$466,350$425,081$608,735
48$652,429$449,274$399,393$616,888
49$677,792$430,103$371,588$625,035
50$704,444$408,696$341,553$633,183
51$732,476$384,901$309,174$641,341
52$761,988$358,560$274,331$649,521
53$793,085$329,504$236,896$657,739
54$825,886$297,556$196,738$666,012
55$860,518$262,528$153,720$674,365
56$897,120$224,221$107,698$682,824
57$935,843$182,424$58,523$691,421
58$976,853$136,917$6,038$700,196
59$1,020,331$87,465$0$709,193
60$1,066,475$33,821$0$728,595
61$1,115,500$0$0$750,298
62$1,167,644$0$0$778,257
63$1,223,165$0$0$815,576
64$1,282,347$0$0$855,377
65$1,345,499$0$0$897,871
66$1,412,962$0$0$943,289
67$1,485,108$0$0$991,886
68$1,562,346$0$0$1,043,940
69$1,645,123$0$0$1,099,756
70$1,733,931$0$0$1,159,669
71$1,829,310$0$0$1,224,047
72$1,931,850$0$0$1,293,294
73$2,042,202$0$0$1,367,852
74$2,161,078$0$0$1,448,208
75$2,289,263$0$0$1,534,897
76$2,427,618$0$0$1,628,506
77$2,577,087$0$0$1,729,680
78$2,738,710$0$0$1,839,128
79$2,913,630$0$0$1,957,630
80$3,103,103$0$0$2,086,043
81$3,308,508$0$0$2,225,310
82$3,531,365$0$0$2,376,466
83$3,773,343$0$0$2,540,651
84$4,036,278$0$0$2,719,119
85$4,322,192$0$0$2,913,250
86$4,633,307$0$0$3,124,561
87$4,972,068$0$0$3,354,722
88$5,341,167$0$0$3,605,570
89$5,743,566$0$0$3,879,127
90$6,182,524$0$0$4,177,620
91$6,661,628$0$0$4,503,498
92$7,184,829$0$0$4,859,457
93$7,756,473$0$0$5,248,468
94$8,381,346$0$0$5,673,798
95$9,064,719$0$0$6,139,046
96$9,812,393$0$0$6,648,176
97$10,630,756$0$0$7,205,549
98$11,526,843$0$0$7,815,970
99$12,508,402$0$0$8,484,732
100$13,583,962$0$0$9,217,661