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%11.9%
1 years$42,115$41,740$41,374$41,017$40,668$40,344
2 years$20,849$20,461$20,085$19,720$19,366$19,039
3 years$13,761$13,371$12,996$12,635$12,286$11,967
4 years$10,218$9,829$9,458$9,103$8,763$8,454
5 years$8,093$7,706$7,340$6,992$6,661$6,363
6 years$6,676$6,293$5,932$5,591$5,271$4,984
7 years$5,665$5,285$4,929$4,597$4,287$4,011
8 years$4,907$4,530$4,180$3,856$3,556$3,292
9 years$4,317$3,944$3,600$3,285$2,995$2,742
10 years$3,846$3,477$3,139$2,831$2,552$2,310
11 years$3,461$3,095$2,764$2,464$2,195$1,964
12 years$3,140$2,778$2,453$2,161$1,902$1,682
13 years$2,869$2,510$2,191$1,908$1,658$1,449
14 years$2,637$2,282$1,969$1,694$1,454$1,255
15 years$2,435$2,085$1,778$1,511$1,280$1,091
16 years$2,259$1,913$1,612$1,353$1,131$952
17 years$2,104$1,761$1,466$1,215$1,003$833
18 years$1,967$1,628$1,339$1,095$892$731
19 years$1,844$1,508$1,226$990$795$643
20 years$1,733$1,402$1,125$896$710$566
21 years$1,633$1,306$1,035$813$635$500
22 years$1,543$1,219$953$740$570$442
23 years$1,460$1,140$880$674$511$391
24 years$1,384$1,068$814$614$460$346
25 years$1,315$1,002$754$561$414$307
26 years$1,251$942$699$513$372$273
27 years$1,192$887$649$470$336$242
28 years$1,137$835$604$430$303$215
29 years$1,086$788$562$395$274$192
30 years$1,038$744$523$362$247$170
31 years$994$704$488$333$224$152
32 years$952$666$455$306$202$135
33 years$913$630$425$281$183$120
34 years$877$598$397$259$166$107
35 years$842$567$371$238$150$96
36 years$810$538$347$219$136$85
37 years$779$511$325$202$123$76
38 years$751$486$304$186$112$68
39 years$723$462$285$172$101$61
40 years$697$439$267$158$92$54
41 years$673$418$251$146$83$48
42 years$649$398$235$135$76$43
43 years$627$379$221$124$69$38
44 years$606$362$207$115$62$34
45 years$586$345$194$106$57$31
46 years$567$329$183$98$51$27
47 years$548$314$172$91$47$24
48 years$531$300$161$84$42$22
49 years$514$286$152$77$38$20
50 years$498$273$143$71$35$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $510,000, adding $2,213 every year, while hoping to spend $22,592 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: 74/12/14 Blend
42$510,000$510,000$510,000$510,000
43$564,303$537,273$529,368$604,207
44$597,824$539,561$523,064$633,184
45$634,007$541,205$515,792$661,910
46$673,100$542,148$507,495$692,775
47$715,374$542,332$498,114$725,984
48$761,130$541,693$487,588$761,765
49$810,695$540,167$475,853$800,369
50$864,432$537,681$462,840$842,070
51$922,738$534,161$448,479$887,175
52$986,051$529,528$432,696$936,020
53$1,054,851$523,698$415,414$988,974
54$1,129,667$516,581$396,552$1,046,446
55$1,211,083$508,082$376,026$1,108,888
56$1,299,737$498,103$353,747$1,176,796
57$1,396,336$486,535$329,623$1,250,718
58$1,501,655$473,268$303,558$1,331,260
59$1,616,547$458,182$275,451$1,419,087
60$1,741,953$441,150$245,196$1,514,935
61$1,878,906$422,041$212,685$1,619,615
62$2,028,546$400,712$177,801$1,734,021
63$2,192,126$377,015$140,425$1,859,140
64$2,371,026$350,792$100,432$1,996,059
65$2,566,765$321,876$57,692$2,145,978
66$2,781,018$290,091$12,068$2,310,220
67$3,015,627$255,250$0$2,490,242
68$3,272,620$217,157$0$2,693,125
69$3,554,233$175,603$0$2,917,450
70$3,862,927$130,369$0$3,163,393
71$4,201,411$81,222$0$3,433,134
72$4,572,671$27,919$0$3,729,077
73$4,979,995$0$0$4,053,870
74$5,427,005$0$0$4,414,368
75$5,917,690$0$0$4,814,157
76$6,456,445$0$0$5,253,135
77$7,048,109$0$0$5,735,249
78$7,698,017$0$0$6,264,847
79$8,412,041$0$0$6,846,719
80$9,196,655$0$0$7,486,141
81$10,058,986$0$0$8,188,928
82$11,006,889$0$0$8,961,484
83$12,049,018$0$0$9,810,866
84$13,194,906$0$0$10,744,846
85$14,455,057$0$0$11,771,991
86$15,841,042$0$0$12,901,736
87$17,365,613$0$0$14,144,479
88$19,042,816$0$0$15,511,674
89$20,888,130$0$0$17,015,944
90$22,918,610$0$0$18,671,195
91$25,153,044$0$0$20,492,750
92$27,612,138$0$0$22,497,492
93$30,318,705$0$0$24,704,024
94$33,297,880$0$0$27,132,843
95$36,577,362$0$0$29,806,536
96$40,187,667$0$0$32,749,989
97$44,162,426$0$0$35,990,624
98$48,538,692$0$0$39,558,658
99$53,357,296$0$0$43,487,388
100$58,663,228$0$0$47,813,500