Can I retire at age 43 with 650,000?

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 $650,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$53,676$53,198$52,732$52,276$51,832$50,294
2 years$26,572$26,078$25,598$25,133$24,682$23,145
3 years$17,539$17,042$16,564$16,103$15,659$14,171
4 years$13,023$12,528$12,054$11,601$11,168$9,741
5 years$10,314$9,822$9,354$8,911$8,490$7,128
6 years$8,509$8,020$7,560$7,126$6,718$5,421
7 years$7,220$6,735$6,282$5,859$5,463$4,233
8 years$6,254$5,773$5,328$4,915$4,532$3,367
9 years$5,503$5,027$4,589$4,186$3,817$2,715
10 years$4,902$4,431$4,001$3,609$3,252$2,213
11 years$4,411$3,945$3,522$3,141$2,797$1,818
12 years$4,002$3,540$3,126$2,755$2,424$1,504
13 years$3,656$3,200$2,793$2,432$2,114$1,250
14 years$3,360$2,908$2,509$2,159$1,853$1,044
15 years$3,104$2,657$2,266$1,925$1,631$874
16 years$2,880$2,438$2,054$1,724$1,442$734
17 years$2,682$2,245$1,869$1,549$1,278$618
18 years$2,507$2,074$1,706$1,396$1,137$522
19 years$2,350$1,923$1,562$1,261$1,013$441
20 years$2,209$1,786$1,433$1,142$905$373
21 years$2,082$1,664$1,319$1,037$810$316
22 years$1,966$1,553$1,215$943$726$268
23 years$1,861$1,453$1,122$858$652$227
24 years$1,764$1,361$1,038$783$586$193
25 years$1,676$1,277$961$715$527$164
26 years$1,594$1,201$891$654$475$140
27 years$1,519$1,130$828$598$428$119
28 years$1,449$1,065$769$548$386$101
29 years$1,384$1,004$716$503$349$86
30 years$1,323$949$667$461$315$73
31 years$1,267$897$622$424$285$62
32 years$1,214$848$580$390$258$53
33 years$1,164$803$542$358$233$45
34 years$1,117$762$506$330$211$38
35 years$1,074$722$473$303$191$33
36 years$1,032$686$443$279$173$28
37 years$993$651$414$257$157$24
38 years$957$619$388$237$142$20
39 years$922$588$364$219$129$17
40 years$889$560$341$202$117$15
41 years$857$533$319$186$106$13
42 years$828$508$300$172$96$11
43 years$799$484$281$159$87$9
44 years$772$461$264$146$79$8
45 years$747$440$248$135$72$7
46 years$722$419$233$125$65$6
47 years$699$400$219$115$59$5
48 years$676$382$206$107$54$4
49 years$655$365$193$99$49$4
50 years$635$348$182$91$45$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $650,000, adding $6,350 every year, while hoping to spend $26,144 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: 31/44/25 Blend
42$650,000$650,000$650,000$650,000
43$722,850$688,400$678,325$739,537
44$768,764$694,315$673,232$758,751
45$818,484$699,643$667,092$776,664
46$872,373$704,328$659,842$795,418
47$930,825$708,311$651,418$815,106
48$994,278$711,527$641,749$835,828
49$1,063,212$713,909$630,765$857,699
50$1,138,153$715,384$618,389$880,847
51$1,219,683$715,876$604,543$905,414
52$1,308,440$715,304$589,145$931,560
53$1,405,128$713,580$572,108$959,462
54$1,510,519$710,614$553,342$989,319
55$1,625,465$706,307$532,752$1,021,353
56$1,750,904$700,557$510,241$1,055,811
57$1,887,866$693,254$485,703$1,092,967
58$2,037,486$684,282$459,033$1,133,129
59$2,201,015$673,517$430,116$1,176,637
60$2,379,829$660,830$398,835$1,223,871
61$2,575,443$646,082$365,067$1,275,254
62$2,789,525$629,126$328,683$1,331,253
63$3,023,911$609,809$289,549$1,392,391
64$3,280,626$587,965$247,525$1,459,247
65$3,561,896$563,422$202,463$1,532,463
66$3,870,175$535,995$154,211$1,612,755
67$4,208,165$505,491$102,610$1,700,914
68$4,578,842$471,704$47,491$1,797,819
69$4,985,483$434,417$0$1,904,444
70$5,431,699$393,400$0$2,024,892
71$5,921,467$348,411$0$2,171,055
72$6,459,166$299,193$0$2,331,629
73$7,049,623$245,475$0$2,508,135
74$7,698,152$186,971$0$2,702,259
75$8,410,610$123,379$0$2,915,860
76$9,193,446$54,378$0$3,150,994
77$10,053,768$0$0$3,409,932
78$10,999,405$0$0$3,705,046
79$12,038,981$0$0$4,058,530
80$13,181,999$0$0$4,447,300
81$14,438,929$0$0$4,874,930
82$15,821,305$0$0$5,345,360
83$17,341,837$0$0$5,862,930
84$19,014,525$0$0$6,432,420
85$20,854,798$0$0$7,059,099
86$22,879,654$0$0$7,748,773
87$25,107,821$0$0$8,507,837
88$27,559,937$0$0$9,343,340
89$30,258,739$0$0$10,263,046
90$33,229,280$0$0$11,275,514
91$36,499,168$0$0$12,390,170
92$40,098,820$0$0$13,617,405
93$44,061,753$0$0$14,968,666
94$48,424,901$0$0$16,456,567
95$53,228,958$0$0$18,095,009
96$58,518,768$0$0$19,899,309
97$64,343,743$0$0$21,886,343
98$70,758,331$0$0$24,074,709
99$77,822,531$0$0$26,484,902
100$85,602,454$0$0$29,139,503