Can I retire at age 43 with 670,000?

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 $670,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$55,328$54,835$54,354$53,885$53,427$51,368
2 years$27,390$26,880$26,386$25,906$25,441$23,392
3 years$18,079$17,566$17,073$16,598$16,141$14,165
4 years$13,424$12,913$12,425$11,958$11,512$9,625
5 years$10,632$10,124$9,642$9,185$8,751$6,957
6 years$8,771$8,267$7,792$7,345$6,924$5,225
7 years$7,442$6,943$6,476$6,039$5,631$4,027
8 years$6,446$5,951$5,492$5,066$4,672$3,160
9 years$5,672$5,182$4,730$4,315$3,934$2,513
10 years$5,053$4,567$4,124$3,720$3,352$2,018
11 years$4,547$4,066$3,630$3,237$2,883$1,634
12 years$4,125$3,649$3,222$2,839$2,498$1,331
13 years$3,769$3,298$2,879$2,507$2,179$1,089
14 years$3,464$2,998$2,586$2,225$1,910$895
15 years$3,199$2,739$2,335$1,985$1,682$737
16 years$2,968$2,513$2,117$1,777$1,486$609
17 years$2,765$2,314$1,927$1,597$1,318$504
18 years$2,584$2,138$1,759$1,439$1,172$418
19 years$2,422$1,982$1,610$1,300$1,044$347
20 years$2,277$1,841$1,478$1,178$933$289
21 years$2,146$1,715$1,359$1,069$835$240
22 years$2,027$1,601$1,253$972$748$200
23 years$1,918$1,497$1,157$885$672$167
24 years$1,819$1,403$1,070$807$604$139
25 years$1,727$1,317$991$737$543$116
26 years$1,643$1,237$919$674$489$97
27 years$1,565$1,165$853$617$441$81
28 years$1,493$1,097$793$565$398$68
29 years$1,426$1,035$738$518$359$56
30 years$1,364$978$688$476$325$47
31 years$1,306$924$641$437$294$39
32 years$1,251$875$598$401$266$33
33 years$1,200$828$558$369$240$27
34 years$1,152$785$522$340$218$23
35 years$1,107$745$488$313$197$19
36 years$1,064$707$456$288$179$16
37 years$1,024$671$427$265$162$13
38 years$986$638$400$245$147$11
39 years$950$607$375$226$133$9
40 years$916$577$351$208$121$8
41 years$884$549$329$192$110$7
42 years$853$523$309$177$99$5
43 years$824$498$290$163$90$5
44 years$796$475$272$151$82$4
45 years$770$453$255$139$74$3
46 years$744$432$240$129$67$3
47 years$720$412$225$119$61$2
48 years$697$394$212$110$56$2
49 years$675$376$199$102$51$2
50 years$654$359$187$94$46$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $670,000, adding $5,374 every year, while hoping to spend $32,244 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: 68/15/17 Blend
42$670,000$670,000$670,000$670,000
43$743,883$708,373$697,988$791,075
44$785,452$708,776$687,064$823,653
45$830,180$708,118$674,692$854,982
46$878,356$706,313$660,792$888,449
47$930,295$703,270$645,275$924,260
48$986,347$698,892$628,053$962,646
49$1,046,892$693,075$609,031$1,003,859
50$1,112,351$685,712$588,110$1,048,181
51$1,183,185$676,686$565,186$1,095,921
52$1,259,902$665,875$540,151$1,147,420
53$1,343,058$653,149$512,892$1,203,057
54$1,433,268$638,372$483,292$1,263,248
55$1,531,205$621,396$451,227$1,328,456
56$1,637,613$602,069$416,567$1,399,187
57$1,753,305$580,226$379,178$1,476,006
58$1,879,181$555,696$338,920$1,559,533
59$2,016,229$528,296$295,644$1,650,453
60$2,165,534$497,833$249,198$1,749,525
61$2,328,293$464,101$199,421$1,857,583
62$2,505,823$426,886$146,146$1,975,552
63$2,699,572$385,959$89,197$2,104,450
64$2,911,135$341,078$28,392$2,245,402
65$3,142,269$291,988$0$2,399,652
66$3,394,905$238,421$0$2,575,190
67$3,671,172$180,090$0$2,772,835
68$3,973,413$116,696$0$2,989,142
69$4,304,208$47,921$0$3,225,992
70$4,666,397$0$0$3,485,462
71$5,063,109$0$0$3,774,226
72$5,497,789$0$0$4,099,332
73$5,974,231$0$0$4,455,713
74$6,496,614$0$0$4,846,500
75$7,069,539$0$0$5,275,140
76$7,698,077$0$0$5,745,433
77$8,387,809$0$0$6,261,560
78$9,144,888$0$0$6,828,130
79$9,976,086$0$0$7,450,219
80$10,888,866$0$0$8,133,418
81$11,891,449$0$0$8,883,887
82$12,992,892$0$0$9,708,411
83$14,203,169$0$0$10,614,464
84$15,533,273$0$0$11,610,283
85$16,995,311$0$0$12,704,939
86$18,602,622$0$0$13,908,428
87$20,369,904$0$0$15,231,761
88$22,313,347$0$0$16,687,072
89$24,450,791$0$0$18,287,727
90$26,801,892$0$0$20,048,454
91$29,388,304$0$0$21,985,480
92$32,233,887$0$0$24,116,683
93$35,364,932$0$0$26,461,762
94$38,810,403$0$0$29,042,422
95$42,602,217$0$0$31,882,579
96$46,775,541$0$0$35,008,583
97$51,369,122$0$0$38,449,471
98$56,425,657$0$0$42,237,234
99$61,992,189$0$0$46,407,125
100$68,120,559$0$0$50,997,989