Can I retire at age 43 with 600,000?

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 $600,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$49,547$49,106$48,676$48,255$47,845$46,707
2 years$24,528$24,072$23,629$23,200$22,783$21,644
3 years$16,190$15,731$15,289$14,864$14,455$13,349
4 years$12,021$11,564$11,127$10,709$10,309$9,246
5 years$9,521$9,066$8,635$8,225$7,837$6,819
6 years$7,855$7,403$6,978$6,578$6,201$5,229
7 years$6,665$6,217$5,799$5,408$5,043$4,117
8 years$5,773$5,329$4,918$4,537$4,184$3,304
9 years$5,079$4,640$4,236$3,864$3,523$2,689
10 years$4,525$4,090$3,693$3,331$3,002$2,212
11 years$4,072$3,641$3,251$2,899$2,582$1,835
12 years$3,694$3,268$2,885$2,543$2,237$1,533
13 years$3,375$2,953$2,578$2,245$1,951$1,287
14 years$3,102$2,685$2,316$1,993$1,710$1,086
15 years$2,865$2,452$2,091$1,777$1,506$919
16 years$2,658$2,250$1,896$1,591$1,331$780
17 years$2,476$2,072$1,725$1,430$1,180$664
18 years$2,314$1,915$1,575$1,289$1,049$567
19 years$2,169$1,775$1,442$1,164$935$484
20 years$2,039$1,649$1,323$1,054$835$415
21 years$1,922$1,536$1,217$957$748$355
22 years$1,815$1,434$1,122$870$670$305
23 years$1,718$1,341$1,036$792$601$262
24 years$1,629$1,256$958$723$541$225
25 years$1,547$1,179$887$660$486$193
26 years$1,472$1,108$823$604$438$166
27 years$1,402$1,043$764$552$395$143
28 years$1,337$983$710$506$356$123
29 years$1,277$927$661$464$322$106
30 years$1,221$876$616$426$291$92
31 years$1,169$828$574$391$263$79
32 years$1,120$783$536$360$238$68
33 years$1,075$742$500$331$215$59
34 years$1,032$703$467$304$195$51
35 years$991$667$437$280$177$44
36 years$953$633$409$258$160$38
37 years$917$601$382$238$145$33
38 years$883$571$358$219$131$28
39 years$851$543$336$202$119$24
40 years$820$517$315$186$108$21
41 years$791$492$295$172$98$18
42 years$764$468$277$159$89$16
43 years$738$446$260$146$81$13
44 years$713$425$244$135$73$12
45 years$689$406$229$125$67$10
46 years$667$387$215$115$60$9
47 years$645$369$202$107$55$7
48 years$624$353$190$98$50$6
49 years$605$337$178$91$45$6
50 years$586$322$168$84$41$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $600,000, adding $3,527 every year, while hoping to spend $24,529 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: 64/24/12 Blend
42$600,000$600,000$600,000$600,000
43$664,838$633,038$623,738$705,332
44$706,553$637,958$618,535$737,756
45$751,701$642,297$612,335$769,988
46$800,605$646,001$605,079$804,581
47$853,623$649,012$596,706$841,764
48$911,147$651,268$587,150$881,790
49$973,608$652,703$576,343$924,939
50$1,041,479$653,249$564,214$971,519
51$1,115,284$652,832$550,688$1,021,869
52$1,195,594$651,372$535,688$1,076,366
53$1,283,043$648,788$519,132$1,135,423
54$1,378,325$644,990$500,934$1,199,498
55$1,482,205$639,885$481,006$1,269,097
56$1,595,523$633,373$459,254$1,344,775
57$1,719,208$625,350$435,580$1,427,148
58$1,854,278$615,703$409,883$1,516,894
59$2,001,856$604,314$382,056$1,614,763
60$2,163,178$591,058$351,987$1,721,580
61$2,339,605$575,802$319,561$1,838,257
62$2,532,634$558,406$284,656$1,965,801
63$2,743,916$538,721$247,145$2,105,322
64$2,975,266$516,589$206,895$2,258,045
65$3,228,685$491,844$163,768$2,425,322
66$3,506,377$464,310$117,620$2,608,645
67$3,810,766$433,800$68,299$2,809,658
68$4,144,525$400,117$15,648$3,030,178
69$4,510,597$363,053$0$3,272,207
70$4,912,223$322,388$0$3,543,146
71$5,352,974$277,890$0$3,842,717
72$5,836,783$229,311$0$4,171,625
73$6,367,980$176,393$0$4,532,862
74$6,951,339$118,861$0$4,929,722
75$7,592,116$56,425$0$5,365,841
76$8,296,102$0$0$5,845,225
77$9,069,676$0$0$6,375,256
78$9,919,868$0$0$6,974,205
79$10,854,419$0$0$7,632,630
80$11,881,860$0$0$8,356,546
81$13,011,589$0$0$9,152,581
82$14,253,961$0$0$10,028,038
83$15,620,383$0$0$10,990,961
84$17,123,424$0$0$12,050,214
85$18,776,933$0$0$13,215,563
86$20,596,168$0$0$14,497,769
87$22,597,941$0$0$15,908,688
88$24,800,775$0$0$17,461,383
89$27,225,080$0$0$19,170,248
90$29,893,344$0$0$21,051,144
91$32,830,348$0$0$23,121,545
92$36,063,395$0$0$25,400,707
93$39,622,569$0$0$27,909,848
94$43,541,022$0$0$30,672,347
95$47,855,281$0$0$33,713,965
96$52,605,595$0$0$37,063,089
97$57,836,318$0$0$40,750,997
98$63,596,321$0$0$44,812,158
99$69,939,456$0$0$49,284,551
100$76,925,064$0$0$54,210,027