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%13%
1 years$53,676$53,198$52,732$52,276$51,832$51,184
2 years$26,572$26,078$25,598$25,133$24,682$24,030
3 years$17,539$17,042$16,564$16,103$15,659$15,024
4 years$13,023$12,528$12,054$11,601$11,168$10,554
5 years$10,314$9,822$9,354$8,911$8,490$7,898
6 years$8,509$8,020$7,560$7,126$6,718$6,150
7 years$7,220$6,735$6,282$5,859$5,463$4,919
8 years$6,254$5,773$5,328$4,915$4,532$4,012
9 years$5,503$5,027$4,589$4,186$3,817$3,320
10 years$4,902$4,431$4,001$3,609$3,252$2,779
11 years$4,411$3,945$3,522$3,141$2,797$2,346
12 years$4,002$3,540$3,126$2,755$2,424$1,995
13 years$3,656$3,200$2,793$2,432$2,114$1,707
14 years$3,360$2,908$2,509$2,159$1,853$1,467
15 years$3,104$2,657$2,266$1,925$1,631$1,266
16 years$2,880$2,438$2,054$1,724$1,442$1,097
17 years$2,682$2,245$1,869$1,549$1,278$952
18 years$2,507$2,074$1,706$1,396$1,137$829
19 years$2,350$1,923$1,562$1,261$1,013$723
20 years$2,209$1,786$1,433$1,142$905$632
21 years$2,082$1,664$1,319$1,037$810$554
22 years$1,966$1,553$1,215$943$726$485
23 years$1,861$1,453$1,122$858$652$426
24 years$1,764$1,361$1,038$783$586$374
25 years$1,676$1,277$961$715$527$329
26 years$1,594$1,201$891$654$475$289
27 years$1,519$1,130$828$598$428$255
28 years$1,449$1,065$769$548$386$225
29 years$1,384$1,004$716$503$349$198
30 years$1,323$949$667$461$315$175
31 years$1,267$897$622$424$285$154
32 years$1,214$848$580$390$258$136
33 years$1,164$803$542$358$233$120
34 years$1,117$762$506$330$211$106
35 years$1,074$722$473$303$191$94
36 years$1,032$686$443$279$173$83
37 years$993$651$414$257$157$73
38 years$957$619$388$237$142$65
39 years$922$588$364$219$129$57
40 years$889$560$341$202$117$50
41 years$857$533$319$186$106$45
42 years$828$508$300$172$96$39
43 years$799$484$281$159$87$35
44 years$772$461$264$146$79$31
45 years$747$440$248$135$72$27
46 years$722$419$233$125$65$24
47 years$699$400$219$115$59$21
48 years$676$382$206$107$54$19
49 years$655$365$193$99$49$17
50 years$635$348$182$91$45$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $650,000, adding $3,708 every year, while hoping to spend $45,778 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: 40/33/27 Blend
42$650,000$650,000$650,000$650,000
43$720,125$685,675$675,600$743,061
44$744,870$670,565$649,525$744,930
45$770,605$653,181$621,042$742,410
46$797,383$633,363$590,023$738,802
47$825,259$610,941$556,332$734,034
48$854,294$585,736$519,828$728,033
49$884,555$557,560$480,365$720,720
50$916,110$526,211$437,788$712,015
51$949,036$491,478$391,936$701,833
52$983,414$453,137$342,643$690,085
53$1,019,332$410,950$289,731$676,679
54$1,056,886$364,669$233,019$661,520
55$1,096,178$314,027$172,315$644,508
56$1,137,319$258,746$107,419$625,540
57$1,180,431$198,530$38,123$604,509
58$1,225,645$133,067$0$581,304
59$1,273,101$62,028$0$566,133
60$1,322,955$0$0$560,946
61$1,375,374$0$0$560,118
62$1,430,540$0$0$582,982
63$1,488,652$0$0$607,098
64$1,549,926$0$0$632,561
65$1,614,596$0$0$659,472
66$1,682,920$0$0$687,944
67$1,755,177$0$0$718,098
68$1,831,674$0$0$750,066
69$1,912,744$0$0$783,996
70$1,998,751$0$0$820,045
71$2,090,095$0$0$858,387
72$2,187,211$0$0$899,214
73$2,290,576$0$0$942,733
74$2,400,713$0$0$989,172
75$2,518,194$0$0$1,038,783
76$2,643,645$0$0$1,091,837
77$2,777,753$0$0$1,148,638
78$2,921,271$0$0$1,209,512
79$3,075,023$0$0$1,274,824
80$3,239,915$0$0$1,344,967
81$3,416,939$0$0$1,420,380
82$3,607,187$0$0$1,501,538
83$3,811,854$0$0$1,588,967
84$4,032,255$0$0$1,683,244
85$4,269,831$0$0$1,785,001
86$4,526,168$0$0$1,894,934
87$4,803,008$0$0$2,013,809
88$5,102,262$0$0$2,142,465
89$5,426,036$0$0$2,281,826
90$5,776,639$0$0$2,432,907
91$6,156,614$0$0$2,596,827
92$6,568,755$0$0$2,774,813
93$7,016,136$0$0$2,968,217
94$7,502,137$0$0$3,178,525
95$8,030,477$0$0$3,407,371
96$8,605,245$0$0$3,656,557
97$9,230,942$0$0$3,928,060
98$9,912,522$0$0$4,224,061
99$10,655,434$0$0$4,546,957
100$11,465,675$0$0$4,899,388