Can I retire at age 43 with 540,000?

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 $540,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.7%
1 years$44,593$44,195$43,808$43,430$43,060$42,399
2 years$22,076$21,664$21,266$20,880$20,505$19,841
3 years$14,571$14,158$13,761$13,378$13,009$12,362
4 years$10,819$10,408$10,014$9,638$9,278$8,654
5 years$8,569$8,160$7,771$7,403$7,053$6,453
6 years$7,069$6,663$6,280$5,920$5,581$5,005
7 years$5,998$5,596$5,219$4,867$4,539$3,988
8 years$5,195$4,796$4,426$4,083$3,765$3,240
9 years$4,571$4,176$3,812$3,478$3,171$2,670
10 years$4,072$3,681$3,324$2,998$2,702$2,225
11 years$3,665$3,277$2,926$2,609$2,324$1,870
12 years$3,325$2,941$2,597$2,289$2,014$1,584
13 years$3,038$2,658$2,320$2,020$1,756$1,349
14 years$2,792$2,416$2,085$1,794$1,539$1,154
15 years$2,579$2,207$1,882$1,599$1,355$991
16 years$2,392$2,025$1,706$1,432$1,198$854
17 years$2,228$1,865$1,553$1,287$1,062$738
18 years$2,083$1,723$1,417$1,160$944$639
19 years$1,952$1,597$1,298$1,048$842$555
20 years$1,835$1,484$1,191$949$752$483
21 years$1,730$1,382$1,095$861$673$420
22 years$1,633$1,290$1,010$783$603$366
23 years$1,546$1,207$932$713$541$320
24 years$1,466$1,131$862$650$487$279
25 years$1,392$1,061$798$594$438$244
26 years$1,324$997$741$543$394$214
27 years$1,262$939$688$497$356$187
28 years$1,204$884$639$456$321$164
29 years$1,150$834$595$418$290$144
30 years$1,099$788$554$383$262$126
31 years$1,052$745$517$352$237$111
32 years$1,008$705$482$324$214$97
33 years$967$668$450$298$194$85
34 years$928$633$420$274$175$75
35 years$892$600$393$252$159$66
36 years$858$570$368$232$144$58
37 years$825$541$344$214$130$51
38 years$795$514$322$197$118$45
39 years$766$489$302$182$107$39
40 years$738$465$283$168$97$34
41 years$712$443$265$155$88$30
42 years$687$422$249$143$80$27
43 years$664$402$234$132$73$23
44 years$642$383$219$122$66$21
45 years$620$365$206$112$60$18
46 years$600$348$193$104$54$16
47 years$581$332$182$96$49$14
48 years$562$317$171$89$45$12
49 years$544$303$160$82$41$11
50 years$527$289$151$76$37$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $540,000, adding $2,014 every year, while hoping to spend $41,213 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: 37/47/16 Blend
42$540,000$540,000$540,000$540,000
43$597,157$568,537$560,167$616,283
44$614,217$552,545$535,083$614,244
45$631,636$534,389$507,776$607,970
46$649,406$513,917$478,131$600,315
47$667,520$490,973$446,022$591,176
48$685,965$465,389$411,322$580,445
49$704,727$436,987$373,895$568,007
50$723,791$405,581$333,602$553,739
51$743,135$370,972$290,295$537,512
52$762,736$332,950$243,821$519,187
53$782,566$291,296$194,020$498,618
54$802,592$245,775$140,725$475,648
55$822,778$196,139$83,760$450,111
56$843,080$142,128$22,945$421,832
57$863,449$83,467$0$390,624
58$883,828$19,864$0$363,448
59$904,153$0$0$337,578
60$924,352$0$0$334,238
61$944,343$0$0$341,045
62$964,033$0$0$347,688
63$983,316$0$0$354,121
64$1,002,077$0$0$360,296
65$1,020,183$0$0$366,157
66$1,037,486$0$0$371,643
67$1,053,822$0$0$376,685
68$1,069,005$0$0$381,206
69$1,082,829$0$0$385,121
70$1,095,064$0$0$388,333
71$1,105,452$0$0$390,737
72$1,113,710$0$0$392,214
73$1,119,518$0$0$392,632
74$1,122,523$0$0$391,846
75$1,122,332$0$0$389,694
76$1,118,509$0$0$385,996
77$1,110,569$0$0$380,552
78$1,097,976$0$0$373,140
79$1,080,133$0$0$363,517
80$1,056,381$0$0$351,410
81$1,025,987$0$0$336,518
82$988,141$0$0$318,510
83$941,947$0$0$297,016
84$886,411$0$0$271,630
85$820,434$0$0$241,900
86$742,801$0$0$207,328
87$652,168$0$0$167,364
88$547,049$0$0$121,398
89$425,801$0$0$68,758
90$286,609$0$0$8,701
91$127,466$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0