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%17.5%
1 years$53,676$53,198$52,732$52,276$51,832$50,253
2 years$26,572$26,078$25,598$25,133$24,682$23,105
3 years$17,539$17,042$16,564$16,103$15,659$14,133
4 years$13,023$12,528$12,054$11,601$11,168$9,705
5 years$10,314$9,822$9,354$8,911$8,490$7,094
6 years$8,509$8,020$7,560$7,126$6,718$5,390
7 years$7,220$6,735$6,282$5,859$5,463$4,203
8 years$6,254$5,773$5,328$4,915$4,532$3,340
9 years$5,503$5,027$4,589$4,186$3,817$2,690
10 years$4,902$4,431$4,001$3,609$3,252$2,190
11 years$4,411$3,945$3,522$3,141$2,797$1,797
12 years$4,002$3,540$3,126$2,755$2,424$1,484
13 years$3,656$3,200$2,793$2,432$2,114$1,232
14 years$3,360$2,908$2,509$2,159$1,853$1,027
15 years$3,104$2,657$2,266$1,925$1,631$859
16 years$2,880$2,438$2,054$1,724$1,442$721
17 years$2,682$2,245$1,869$1,549$1,278$606
18 years$2,507$2,074$1,706$1,396$1,137$511
19 years$2,350$1,923$1,562$1,261$1,013$431
20 years$2,209$1,786$1,433$1,142$905$364
21 years$2,082$1,664$1,319$1,037$810$308
22 years$1,966$1,553$1,215$943$726$261
23 years$1,861$1,453$1,122$858$652$221
24 years$1,764$1,361$1,038$783$586$187
25 years$1,676$1,277$961$715$527$159
26 years$1,594$1,201$891$654$475$135
27 years$1,519$1,130$828$598$428$114
28 years$1,449$1,065$769$548$386$97
29 years$1,384$1,004$716$503$349$83
30 years$1,323$949$667$461$315$70
31 years$1,267$897$622$424$285$60
32 years$1,214$848$580$390$258$51
33 years$1,164$803$542$358$233$43
34 years$1,117$762$506$330$211$37
35 years$1,074$722$473$303$191$31
36 years$1,032$686$443$279$173$27
37 years$993$651$414$257$157$23
38 years$957$619$388$237$142$19
39 years$922$588$364$219$129$16
40 years$889$560$341$202$117$14
41 years$857$533$319$186$106$12
42 years$828$508$300$172$96$10
43 years$799$484$281$159$87$9
44 years$772$461$264$146$79$7
45 years$747$440$248$135$72$6
46 years$722$419$233$125$65$5
47 years$699$400$219$115$59$4
48 years$676$382$206$107$54$4
49 years$655$365$193$99$49$3
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 $2,179 every year, while hoping to spend $37,662 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: 33/49/18 Blend
42$650,000$650,000$650,000$650,000
43$718,548$684,098$674,023$738,185
44$751,767$677,546$656,530$746,340
45$787,113$669,412$637,190$751,495
46$824,763$659,577$615,899$756,254
47$864,909$647,916$592,552$760,602
48$907,765$634,300$567,038$764,530
49$953,563$618,586$539,240$768,028
50$1,002,559$600,629$509,037$771,091
51$1,055,032$580,272$476,301$773,716
52$1,111,288$557,349$440,901$775,906
53$1,171,665$531,685$402,697$777,667
54$1,236,532$503,094$361,544$779,012
55$1,306,294$471,382$317,292$779,958
56$1,381,397$436,340$269,781$780,533
57$1,462,328$397,749$218,848$780,770
58$1,549,625$355,379$164,319$780,714
59$1,643,878$308,984$106,015$780,420
60$1,745,735$258,305$43,748$779,957
61$1,855,908$203,070$0$779,405
62$1,975,180$142,990$0$783,225
63$2,104,412$77,760$0$796,423
64$2,244,550$7,058$0$810,766
65$2,396,635$0$0$826,457
66$2,561,811$0$0$881,179
67$2,741,339$0$0$944,877
68$2,936,602$0$0$1,014,247
69$3,149,124$0$0$1,089,842
70$3,380,583$0$0$1,172,270
71$3,632,824$0$0$1,262,201
72$3,907,877$0$0$1,360,371
73$4,207,978$0$0$1,467,592
74$4,535,585$0$0$1,584,755
75$4,893,409$0$0$1,712,844
76$5,284,429$0$0$1,852,942
77$5,711,927$0$0$2,006,239
78$6,179,518$0$0$2,174,048
79$6,691,179$0$0$2,357,813
80$7,251,293$0$0$2,559,126
81$7,864,683$0$0$2,779,738
82$8,536,662$0$0$3,021,579
83$9,273,081$0$0$3,286,775
84$10,080,384$0$0$3,577,667
85$10,965,667$0$0$3,896,831
86$11,936,748$0$0$4,247,110
87$13,002,235$0$0$4,631,630
88$14,171,611$0$0$5,053,837
89$15,455,323$0$0$5,517,528
90$16,864,878$0$0$6,026,884
91$18,412,950$0$0$6,586,510
92$20,113,503$0$0$7,201,483
93$21,981,918$0$0$7,877,391
94$24,035,143$0$0$8,620,396
95$26,291,845$0$0$9,437,281
96$28,772,592$0$0$10,335,523
97$31,500,043$0$0$11,323,358
98$34,499,162$0$0$12,409,862
99$37,797,455$0$0$13,605,031
100$41,425,223$0$0$14,919,883