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%18.3%
1 years$42,115$41,740$41,374$41,017$40,668$39,303
2 years$20,849$20,461$20,085$19,720$19,366$18,004
3 years$13,761$13,371$12,996$12,635$12,286$10,971
4 years$10,218$9,829$9,458$9,103$8,763$7,503
5 years$8,093$7,706$7,340$6,992$6,661$5,461
6 years$6,676$6,293$5,932$5,591$5,271$4,131
7 years$5,665$5,285$4,929$4,597$4,287$3,207
8 years$4,907$4,530$4,180$3,856$3,556$2,536
9 years$4,317$3,944$3,600$3,285$2,995$2,033
10 years$3,846$3,477$3,139$2,831$2,552$1,646
11 years$3,461$3,095$2,764$2,464$2,195$1,344
12 years$3,140$2,778$2,453$2,161$1,902$1,104
13 years$2,869$2,510$2,191$1,908$1,658$912
14 years$2,637$2,282$1,969$1,694$1,454$756
15 years$2,435$2,085$1,778$1,511$1,280$629
16 years$2,259$1,913$1,612$1,353$1,131$524
17 years$2,104$1,761$1,466$1,215$1,003$438
18 years$1,967$1,628$1,339$1,095$892$367
19 years$1,844$1,508$1,226$990$795$308
20 years$1,733$1,402$1,125$896$710$259
21 years$1,633$1,306$1,035$813$635$217
22 years$1,543$1,219$953$740$570$183
23 years$1,460$1,140$880$674$511$154
24 years$1,384$1,068$814$614$460$130
25 years$1,315$1,002$754$561$414$109
26 years$1,251$942$699$513$372$92
27 years$1,192$887$649$470$336$78
28 years$1,137$835$604$430$303$66
29 years$1,086$788$562$395$274$55
30 years$1,038$744$523$362$247$47
31 years$994$704$488$333$224$40
32 years$952$666$455$306$202$33
33 years$913$630$425$281$183$28
34 years$877$598$397$259$166$24
35 years$842$567$371$238$150$20
36 years$810$538$347$219$136$17
37 years$779$511$325$202$123$14
38 years$751$486$304$186$112$12
39 years$723$462$285$172$101$10
40 years$697$439$267$158$92$9
41 years$673$418$251$146$83$7
42 years$649$398$235$135$76$6
43 years$627$379$221$124$69$5
44 years$606$362$207$115$62$4
45 years$586$345$194$106$57$4
46 years$567$329$183$98$51$3
47 years$548$314$172$91$47$3
48 years$531$300$161$84$42$2
49 years$514$286$152$77$38$2
50 years$498$273$143$71$35$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $510,000, adding $3,337 every year, while hoping to spend $30,605 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: 42/46/12 Blend
42$510,000$510,000$510,000$510,000
43$565,462$538,432$530,527$587,091
44$590,576$532,252$515,736$596,396
45$617,225$524,743$499,424$603,156
46$645,535$515,808$481,508$609,798
47$675,641$505,344$461,899$616,327
48$707,692$493,241$440,509$622,747
49$741,851$479,384$417,240$629,065
50$778,296$463,651$391,994$635,294
51$817,223$445,911$364,667$641,447
52$858,846$426,027$335,150$647,545
53$903,401$403,854$303,329$653,612
54$951,143$379,239$269,087$659,679
55$1,002,357$352,019$232,298$665,782
56$1,057,352$322,022$192,834$671,967
57$1,116,468$289,067$150,561$678,287
58$1,180,079$252,962$105,335$684,804
59$1,248,594$213,505$57,012$691,593
60$1,322,465$170,481$5,436$698,740
61$1,402,186$123,664$0$706,344
62$1,488,300$72,815$0$720,873
63$1,581,406$17,682$0$737,264
64$1,682,159$0$0$754,996
65$1,791,282$0$0$795,527
66$1,909,567$0$0$849,218
67$2,037,889$0$0$907,520
68$2,177,206$0$0$970,877
69$2,328,574$0$0$1,039,776
70$2,493,155$0$0$1,114,754
71$2,672,225$0$0$1,196,401
72$2,867,190$0$0$1,285,366
73$3,079,598$0$0$1,382,364
74$3,311,150$0$0$1,488,181
75$3,563,719$0$0$1,603,683
76$3,839,367$0$0$1,729,823
77$4,140,365$0$0$1,867,650
78$4,469,209$0$0$2,018,319
79$4,828,651$0$0$2,183,102
80$5,221,720$0$0$2,363,398
81$5,651,748$0$0$2,560,749
82$6,122,408$0$0$2,776,854
83$6,637,741$0$0$3,013,580
84$7,202,201$0$0$3,272,988
85$7,820,689$0$0$3,557,344
86$8,498,604$0$0$3,869,145
87$9,241,893$0$0$4,211,142
88$10,057,105$0$0$4,586,364
89$10,951,454$0$0$4,998,147
90$11,932,885$0$0$5,450,168
91$13,010,150$0$0$5,946,475
92$14,192,889$0$0$6,491,527
93$15,491,723$0$0$7,090,237
94$16,918,349$0$0$7,748,019
95$18,485,654$0$0$8,470,832
96$20,207,837$0$0$9,265,248
97$22,100,536$0$0$10,138,501
98$24,180,983$0$0$11,098,563
99$26,468,160$0$0$12,154,220
100$28,982,982$0$0$13,315,146