Can I retire at age 43 with 510,000?

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 $510,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$42,115$41,740$41,374$41,017$40,668$40,227
2 years$20,849$20,461$20,085$19,720$19,366$18,921
3 years$13,761$13,371$12,996$12,635$12,286$11,853
4 years$10,218$9,829$9,458$9,103$8,763$8,343
5 years$8,093$7,706$7,340$6,992$6,661$6,257
6 years$6,676$6,293$5,932$5,591$5,271$4,882
7 years$5,665$5,285$4,929$4,597$4,287$3,914
8 years$4,907$4,530$4,180$3,856$3,556$3,200
9 years$4,317$3,944$3,600$3,285$2,995$2,654
10 years$3,846$3,477$3,139$2,831$2,552$2,227
11 years$3,461$3,095$2,764$2,464$2,195$1,885
12 years$3,140$2,778$2,453$2,161$1,902$1,607
13 years$2,869$2,510$2,191$1,908$1,658$1,378
14 years$2,637$2,282$1,969$1,694$1,454$1,188
15 years$2,435$2,085$1,778$1,511$1,280$1,028
16 years$2,259$1,913$1,612$1,353$1,131$893
17 years$2,104$1,761$1,466$1,215$1,003$778
18 years$1,967$1,628$1,339$1,095$892$679
19 years$1,844$1,508$1,226$990$795$594
20 years$1,733$1,402$1,125$896$710$521
21 years$1,633$1,306$1,035$813$635$457
22 years$1,543$1,219$953$740$570$402
23 years$1,460$1,140$880$674$511$354
24 years$1,384$1,068$814$614$460$312
25 years$1,315$1,002$754$561$414$275
26 years$1,251$942$699$513$372$243
27 years$1,192$887$649$470$336$214
28 years$1,137$835$604$430$303$190
29 years$1,086$788$562$395$274$168
30 years$1,038$744$523$362$247$148
31 years$994$704$488$333$224$131
32 years$952$666$455$306$202$116
33 years$913$630$425$281$183$103
34 years$877$598$397$259$166$91
35 years$842$567$371$238$150$81
36 years$810$538$347$219$136$72
37 years$779$511$325$202$123$64
38 years$751$486$304$186$112$56
39 years$723$462$285$172$101$50
40 years$697$439$267$158$92$44
41 years$673$418$251$146$83$39
42 years$649$398$235$135$76$35
43 years$627$379$221$124$69$31
44 years$606$362$207$115$62$28
45 years$586$345$194$106$57$24
46 years$567$329$183$98$51$22
47 years$548$314$172$91$47$19
48 years$531$300$161$84$42$17
49 years$514$286$152$77$38$15
50 years$498$273$143$71$35$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $510,000, adding $3,212 every year, while hoping to spend $27,463 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: 45/34/21 Blend
42$510,000$510,000$510,000$510,000
43$565,333$538,303$530,398$587,224
44$593,777$535,460$518,946$600,094
45$624,201$531,556$506,190$611,085
46$656,779$526,512$492,057$622,440
47$691,701$520,242$476,471$634,207
48$729,175$512,654$459,353$646,439
49$769,429$503,652$440,620$659,197
50$812,714$493,134$420,184$672,550
51$859,305$480,992$397,955$686,577
52$909,505$467,112$373,837$701,366
53$963,646$451,372$347,732$717,017
54$1,022,093$433,644$319,535$733,643
55$1,085,246$413,791$289,139$751,370
56$1,153,546$391,672$256,430$770,342
57$1,227,476$367,133$221,290$790,718
58$1,307,571$340,015$183,595$812,680
59$1,394,414$310,146$143,216$836,428
60$1,488,649$277,348$100,019$862,188
61$1,590,985$241,432$53,863$890,214
62$1,702,199$202,196$4,601$920,789
63$1,823,149$159,429$0$954,227
64$1,954,776$112,907$0$1,001,632
65$2,098,118$62,394$0$1,054,447
66$2,254,315$7,640$0$1,112,116
67$2,424,623$0$0$1,175,169
68$2,610,425$0$0$1,263,502
69$2,813,240$0$0$1,363,102
70$3,034,744$0$0$1,471,938
71$3,276,780$0$0$1,590,924
72$3,541,377$0$0$1,721,066
73$3,830,769$0$0$1,863,470
74$4,147,417$0$0$2,019,355
75$4,494,029$0$0$2,190,063
76$4,873,588$0$0$2,377,073
77$5,289,379$0$0$2,582,012
78$5,745,019$0$0$2,806,673
79$6,244,493$0$0$3,053,030
80$6,792,187$0$0$3,323,258
81$7,392,935$0$0$3,619,751
82$8,052,059$0$0$3,945,149
83$8,775,423$0$0$4,302,358
84$9,569,485$0$0$4,694,578
85$10,441,359$0$0$5,125,336
86$11,398,881$0$0$5,598,516
87$12,450,684$0$0$6,118,398
88$13,606,279$0$0$6,689,697
89$14,876,141$0$0$7,317,605
90$16,271,813$0$0$8,007,846
91$17,806,010$0$0$8,766,722
92$19,492,741$0$0$9,601,178
93$21,347,439$0$0$10,518,867
94$23,387,110$0$0$11,528,219
95$25,630,488$0$0$12,638,523
96$28,098,214$0$0$13,860,011
97$30,813,030$0$0$15,203,961
98$33,799,995$0$0$16,682,796
99$37,086,718$0$0$18,310,205
100$40,703,618$0$0$20,101,271