Can I retire at age 43 with 550,000?

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 $550,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$45,418$45,014$44,619$44,234$43,858$43,400
2 years$22,484$22,066$21,660$21,266$20,885$20,423
3 years$14,841$14,420$14,015$13,626$13,250$12,800
4 years$11,020$10,600$10,200$9,816$9,450$9,014
5 years$8,728$8,311$7,915$7,540$7,184$6,764
6 years$7,200$6,786$6,397$6,030$5,684$5,281
7 years$6,109$5,699$5,316$4,957$4,623$4,236
8 years$5,292$4,885$4,508$4,159$3,835$3,465
9 years$4,656$4,254$3,883$3,542$3,230$2,876
10 years$4,148$3,749$3,385$3,053$2,752$2,414
11 years$3,732$3,338$2,980$2,657$2,367$2,045
12 years$3,386$2,996$2,645$2,331$2,051$1,744
13 years$3,094$2,707$2,363$2,058$1,788$1,497
14 years$2,843$2,461$2,123$1,827$1,568$1,291
15 years$2,626$2,248$1,917$1,629$1,380$1,118
16 years$2,437$2,063$1,738$1,459$1,220$972
17 years$2,270$1,900$1,582$1,311$1,082$847
18 years$2,121$1,755$1,444$1,181$962$740
19 years$1,989$1,627$1,322$1,067$857$648
20 years$1,869$1,512$1,213$967$766$568
21 years$1,762$1,408$1,116$877$685$499
22 years$1,664$1,314$1,028$798$614$439
23 years$1,575$1,229$949$726$551$387
24 years$1,493$1,152$878$663$496$341
25 years$1,418$1,081$813$605$446$301
26 years$1,349$1,016$754$553$402$266
27 years$1,285$956$700$506$362$235
28 years$1,226$901$651$464$327$208
29 years$1,171$850$606$425$295$184
30 years$1,120$803$564$390$267$163
31 years$1,072$759$526$359$241$145
32 years$1,027$718$491$330$218$128
33 years$985$680$458$303$197$114
34 years$946$644$428$279$179$101
35 years$908$611$400$257$162$89
36 years$874$580$375$236$147$79
37 years$841$551$351$218$133$70
38 years$809$524$328$201$120$62
39 years$780$498$308$185$109$55
40 years$752$474$288$171$99$49
41 years$725$451$270$158$90$44
42 years$700$429$254$145$82$39
43 years$676$409$238$134$74$34
44 years$653$390$223$124$67$31
45 years$632$372$210$114$61$27
46 years$611$355$197$106$55$24
47 years$591$339$185$98$50$21
48 years$572$323$174$90$46$19
49 years$554$309$163$83$41$17
50 years$537$295$154$77$38$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $550,000, adding $5,500 every year, while hoping to spend $31,015 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: 49/27/24 Blend
42$550,000$550,000$550,000$550,000
43$611,773$582,623$574,098$637,357
44$641,174$578,172$560,331$651,313
45$672,535$572,463$545,063$662,917
46$706,022$565,403$528,211$674,896
47$741,819$556,890$509,688$687,299
48$780,126$546,819$489,405$700,182
49$821,164$535,078$467,265$713,608
50$865,174$521,548$443,169$727,650
51$912,420$506,103$417,014$742,390
52$963,195$488,609$388,692$757,919
53$1,017,816$468,926$358,088$774,343
54$1,076,634$446,905$325,085$791,778
55$1,140,034$422,387$289,559$810,358
56$1,208,439$395,205$251,381$830,231
57$1,282,313$365,183$210,415$851,565
58$1,362,167$332,135$166,522$874,547
59$1,448,561$295,863$119,553$899,389
60$1,542,111$256,157$69,356$926,326
61$1,643,497$212,799$15,769$955,622
62$1,753,463$165,556$0$987,572
63$1,872,829$114,180$0$1,033,113
64$2,002,496$58,414$0$1,087,004
65$2,143,456$0$0$1,145,662
66$2,296,801$0$0$1,210,193
67$2,463,730$0$0$1,299,385
68$2,645,564$0$0$1,396,596
69$2,843,758$0$0$1,502,610
70$3,059,910$0$0$1,618,289
71$3,295,781$0$0$1,744,584
72$3,553,310$0$0$1,882,540
73$3,834,629$0$0$2,033,307
74$4,142,088$0$0$2,198,153
75$4,478,272$0$0$2,378,474
76$4,846,028$0$0$2,575,804
77$5,248,491$0$0$2,791,835
78$5,689,112$0$0$3,028,431
79$6,171,693$0$0$3,287,643
80$6,700,419$0$0$3,571,728
81$7,279,900$0$0$3,883,176
82$7,915,214$0$0$4,224,726
83$8,611,952$0$0$4,599,397
84$9,376,272$0$0$5,010,512
85$10,214,960$0$0$5,461,733
86$11,135,486$0$0$5,957,093
87$12,146,081$0$0$6,501,036
88$13,255,813$0$0$7,098,454
89$14,474,669$0$0$7,754,740
90$15,813,651$0$0$8,475,833
91$17,284,880$0$0$9,268,275
92$18,901,709$0$0$10,139,276
93$20,678,848$0$0$11,096,777
94$22,632,504$0$0$12,149,526
95$24,780,532$0$0$13,307,164
96$27,142,603$0$0$14,580,310
97$29,740,391$0$0$15,980,665
98$32,597,775$0$0$17,521,120
99$35,741,063$0$0$19,215,881
100$39,199,244$0$0$21,080,597