Can I retire at age 43 with 675,000?

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 $675,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.4%
1 years$55,741$55,244$54,760$54,287$53,825$51,998
2 years$27,594$27,081$26,582$26,100$25,631$23,809
3 years$18,214$17,697$17,201$16,722$16,261$14,501
4 years$13,524$13,009$12,518$12,047$11,598$9,913
5 years$10,711$10,200$9,714$9,254$8,816$7,211
6 years$8,836$8,329$7,851$7,400$6,976$5,452
7 years$7,498$6,994$6,524$6,084$5,673$4,230
8 years$6,494$5,996$5,533$5,104$4,707$3,343
9 years$5,714$5,220$4,765$4,347$3,964$2,678
10 years$5,091$4,601$4,155$3,747$3,377$2,168
11 years$4,581$4,096$3,658$3,261$2,905$1,768
12 years$4,156$3,677$3,246$2,861$2,517$1,452
13 years$3,797$3,323$2,900$2,526$2,195$1,198
14 years$3,489$3,020$2,606$2,242$1,924$993
15 years$3,223$2,759$2,353$1,999$1,694$825
16 years$2,991$2,531$2,133$1,790$1,497$688
17 years$2,785$2,331$1,941$1,608$1,328$574
18 years$2,603$2,154$1,772$1,450$1,180$481
19 years$2,440$1,996$1,622$1,310$1,052$403
20 years$2,294$1,855$1,489$1,186$940$338
21 years$2,162$1,728$1,369$1,077$841$284
22 years$2,042$1,613$1,262$979$754$239
23 years$1,932$1,509$1,165$892$677$201
24 years$1,832$1,414$1,078$813$608$169
25 years$1,740$1,327$998$743$547$142
26 years$1,655$1,247$926$679$493$120
27 years$1,577$1,173$860$621$444$101
28 years$1,504$1,106$799$569$401$85
29 years$1,437$1,043$744$522$362$72
30 years$1,374$985$693$479$327$61
31 years$1,315$931$646$440$296$51
32 years$1,260$881$602$404$268$43
33 years$1,209$834$563$372$242$36
34 years$1,160$791$526$342$219$31
35 years$1,115$750$491$315$199$26
36 years$1,072$712$460$290$180$22
37 years$1,032$676$430$267$163$19
38 years$993$643$403$246$148$16
39 years$957$611$378$227$134$13
40 years$923$581$354$210$122$11
41 years$890$553$332$193$110$9
42 years$859$527$311$178$100$8
43 years$830$502$292$165$91$7
44 years$802$479$274$152$82$6
45 years$775$456$257$140$75$5
46 years$750$435$242$130$68$4
47 years$726$416$227$120$62$3
48 years$702$397$213$111$56$3
49 years$680$379$201$102$51$2
50 years$659$362$189$95$46$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $675,000, adding $4,195 every year, while hoping to spend $21,563 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: 67/6/27 Blend
42$675,000$675,000$675,000$675,000
43$748,177$712,402$701,940$792,773
44$801,548$724,367$702,512$835,282
45$859,641$736,195$702,380$878,940
46$922,913$747,858$701,499$926,204
47$991,870$759,323$699,819$977,433
48$1,067,068$770,557$697,290$1,033,019
49$1,149,117$781,523$693,858$1,093,398
50$1,238,692$792,182$689,467$1,159,048
51$1,336,533$802,493$684,058$1,230,498
52$1,443,456$812,412$677,571$1,308,329
53$1,560,358$821,890$669,939$1,393,184
54$1,688,230$830,877$661,097$1,485,772
55$1,828,158$839,320$650,973$1,586,872
56$1,981,343$847,159$639,493$1,697,346
57$2,149,104$854,334$626,581$1,818,144
58$2,332,895$860,779$612,154$1,950,311
59$2,534,318$866,424$596,128$2,095,002
60$2,755,134$871,195$578,414$2,253,489
61$2,997,287$875,013$558,920$2,427,176
62$3,262,915$877,793$537,549$2,617,610
63$3,554,374$879,446$514,198$2,826,495
64$3,874,259$879,878$488,763$3,055,714
65$4,225,429$878,987$461,131$3,307,337
66$4,611,031$876,666$431,188$3,583,653
67$5,034,535$872,802$398,812$3,887,180
68$5,499,762$867,274$363,876$4,220,698
69$6,010,921$859,953$326,249$4,587,269
70$6,572,649$850,704$285,792$4,990,269
71$7,190,054$839,384$242,361$5,433,422
72$7,868,764$825,839$195,806$5,920,832
73$8,614,982$809,908$145,968$6,457,023
74$9,435,536$791,420$92,685$7,046,982
75$10,337,955$770,194$35,784$7,696,207
76$11,330,530$746,037$0$8,410,759
77$12,422,399$718,747$0$9,204,504
78$13,623,626$688,109$0$10,089,091
79$14,945,305$653,895$0$11,062,373
80$16,399,655$615,865$0$12,133,359
81$18,000,141$573,763$0$13,311,974
82$19,761,600$527,322$0$14,609,154
83$21,700,379$476,257$0$16,036,951
84$23,834,492$420,268$0$17,608,647
85$26,183,785$359,036$0$19,338,873
86$28,770,129$292,226$0$21,243,757
87$31,617,620$219,484$0$23,341,067
88$34,752,814$140,435$0$25,650,386
89$38,204,969$54,684$0$28,193,290
90$42,006,325$0$0$30,993,559
91$46,192,410$0$0$34,079,915
92$50,802,371$0$0$37,482,821
93$55,879,346$0$0$41,230,517
94$61,470,868$0$0$45,358,097
95$67,629,319$0$0$49,904,236
96$74,412,417$0$0$54,911,549
97$81,883,765$0$0$60,426,995
98$90,113,451$0$0$66,502,323
99$99,178,708$0$0$73,194,556
100$109,164,643$0$0$80,566,529