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%16.4%
1 years$49,547$49,106$48,676$48,255$47,845$46,594
2 years$24,528$24,072$23,629$23,200$22,783$21,531
3 years$16,190$15,731$15,289$14,864$14,455$13,241
4 years$12,021$11,564$11,127$10,709$10,309$9,143
5 years$9,521$9,066$8,635$8,225$7,837$6,722
6 years$7,855$7,403$6,978$6,578$6,201$5,138
7 years$6,665$6,217$5,799$5,408$5,043$4,032
8 years$5,773$5,329$4,918$4,537$4,184$3,224
9 years$5,079$4,640$4,236$3,864$3,523$2,615
10 years$4,525$4,090$3,693$3,331$3,002$2,143
11 years$4,072$3,641$3,251$2,899$2,582$1,771
12 years$3,694$3,268$2,885$2,543$2,237$1,473
13 years$3,375$2,953$2,578$2,245$1,951$1,232
14 years$3,102$2,685$2,316$1,993$1,710$1,035
15 years$2,865$2,452$2,091$1,777$1,506$873
16 years$2,658$2,250$1,896$1,591$1,331$738
17 years$2,476$2,072$1,725$1,430$1,180$625
18 years$2,314$1,915$1,575$1,289$1,049$531
19 years$2,169$1,775$1,442$1,164$935$452
20 years$2,039$1,649$1,323$1,054$835$385
21 years$1,922$1,536$1,217$957$748$328
22 years$1,815$1,434$1,122$870$670$280
23 years$1,718$1,341$1,036$792$601$240
24 years$1,629$1,256$958$723$541$205
25 years$1,547$1,179$887$660$486$175
26 years$1,472$1,108$823$604$438$150
27 years$1,402$1,043$764$552$395$129
28 years$1,337$983$710$506$356$110
29 years$1,277$927$661$464$322$95
30 years$1,221$876$616$426$291$81
31 years$1,169$828$574$391$263$70
32 years$1,120$783$536$360$238$60
33 years$1,075$742$500$331$215$51
34 years$1,032$703$467$304$195$44
35 years$991$667$437$280$177$38
36 years$953$633$409$258$160$32
37 years$917$601$382$238$145$28
38 years$883$571$358$219$131$24
39 years$851$543$336$202$119$21
40 years$820$517$315$186$108$18
41 years$791$492$295$172$98$15
42 years$764$468$277$159$89$13
43 years$738$446$260$146$81$11
44 years$713$425$244$135$73$10
45 years$689$406$229$125$67$8
46 years$667$387$215$115$60$7
47 years$645$369$202$107$55$6
48 years$624$353$190$98$50$5
49 years$605$337$178$91$45$4
50 years$586$322$168$84$41$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $600,000, adding $4,715 every year, while hoping to spend $36,780 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: 66/25/9 Blend
42$600,000$600,000$600,000$600,000
43$666,064$634,264$624,964$708,506
44$694,868$626,209$606,766$729,285
45$725,379$616,527$586,726$747,175
46$757,729$605,099$564,744$765,767
47$792,068$591,799$540,713$785,128
48$828,557$576,495$514,525$805,329
49$867,372$559,045$486,064$826,452
50$908,706$539,301$455,209$848,586
51$952,772$517,104$421,837$871,833
52$999,801$492,289$385,814$896,306
53$1,050,047$464,677$347,005$922,131
54$1,103,788$434,083$305,267$949,447
55$1,161,331$400,309$260,449$978,412
56$1,223,008$363,146$212,396$1,009,198
57$1,289,189$322,373$160,945$1,042,002
58$1,360,274$277,758$105,925$1,077,038
59$1,436,708$229,054$47,159$1,114,548
60$1,518,975$176,000$0$1,154,800
61$1,607,608$118,322$0$1,199,584
62$1,703,193$55,729$0$1,252,668
63$1,806,374$0$0$1,309,907
64$1,917,857$0$0$1,375,054
65$2,038,420$0$0$1,462,116
66$2,168,915$0$0$1,556,383
67$2,310,282$0$0$1,658,537
68$2,463,552$0$0$1,769,328
69$2,629,862$0$0$1,889,581
70$2,810,458$0$0$2,020,202
71$3,006,714$0$0$2,162,190
72$3,220,140$0$0$2,316,643
73$3,452,398$0$0$2,484,768
74$3,705,317$0$0$2,667,894
75$3,980,907$0$0$2,867,484
76$4,281,383$0$0$3,085,147
77$4,609,183$0$0$3,322,655
78$4,966,987$0$0$3,581,958
79$5,357,749$0$0$3,865,203
80$5,784,719$0$0$4,174,751
81$6,251,475$0$0$4,513,205
82$6,761,957$0$0$4,883,430
83$7,320,501$0$0$5,288,578
84$7,931,886$0$0$5,732,124
85$8,601,369$0$0$6,217,890
86$9,334,744$0$0$6,750,089
87$10,138,387$0$0$7,333,359
88$11,019,325$0$0$7,972,807
89$11,985,293$0$0$8,674,059
90$13,044,812$0$0$9,443,311
91$14,207,269$0$0$10,287,390
92$15,483,001$0$0$11,213,811
93$16,883,395$0$0$12,230,856
94$18,420,994$0$0$13,347,646
95$20,109,617$0$0$14,574,231
96$21,964,485$0$0$15,921,678
97$24,002,365$0$0$17,402,183
98$26,241,730$0$0$19,029,179
99$28,702,931$0$0$20,817,465
100$31,408,387$0$0$22,783,347