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%13%
1 years$55,741$55,244$54,760$54,287$53,825$53,153
2 years$27,594$27,081$26,582$26,100$25,631$24,954
3 years$18,214$17,697$17,201$16,722$16,261$15,602
4 years$13,524$13,009$12,518$12,047$11,598$10,960
5 years$10,711$10,200$9,714$9,254$8,816$8,202
6 years$8,836$8,329$7,851$7,400$6,976$6,386
7 years$7,498$6,994$6,524$6,084$5,673$5,109
8 years$6,494$5,996$5,533$5,104$4,707$4,166
9 years$5,714$5,220$4,765$4,347$3,964$3,448
10 years$5,091$4,601$4,155$3,747$3,377$2,886
11 years$4,581$4,096$3,658$3,261$2,905$2,437
12 years$4,156$3,677$3,246$2,861$2,517$2,072
13 years$3,797$3,323$2,900$2,526$2,195$1,773
14 years$3,489$3,020$2,606$2,242$1,924$1,524
15 years$3,223$2,759$2,353$1,999$1,694$1,315
16 years$2,991$2,531$2,133$1,790$1,497$1,139
17 years$2,785$2,331$1,941$1,608$1,328$989
18 years$2,603$2,154$1,772$1,450$1,180$861
19 years$2,440$1,996$1,622$1,310$1,052$751
20 years$2,294$1,855$1,489$1,186$940$657
21 years$2,162$1,728$1,369$1,077$841$575
22 years$2,042$1,613$1,262$979$754$504
23 years$1,932$1,509$1,165$892$677$442
24 years$1,832$1,414$1,078$813$608$388
25 years$1,740$1,327$998$743$547$342
26 years$1,655$1,247$926$679$493$301
27 years$1,577$1,173$860$621$444$265
28 years$1,504$1,106$799$569$401$233
29 years$1,437$1,043$744$522$362$206
30 years$1,374$985$693$479$327$181
31 years$1,315$931$646$440$296$160
32 years$1,260$881$602$404$268$141
33 years$1,209$834$563$372$242$125
34 years$1,160$791$526$342$219$110
35 years$1,115$750$491$315$199$97
36 years$1,072$712$460$290$180$86
37 years$1,032$676$430$267$163$76
38 years$993$643$403$246$148$67
39 years$957$611$378$227$134$59
40 years$923$581$354$210$122$52
41 years$890$553$332$193$110$46
42 years$859$527$311$178$100$41
43 years$830$502$292$165$91$36
44 years$802$479$274$152$82$32
45 years$775$456$257$140$75$28
46 years$750$435$242$130$68$25
47 years$726$416$227$120$62$22
48 years$702$397$213$111$56$20
49 years$680$379$201$102$51$17
50 years$659$362$189$95$46$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $675,000, adding $6,374 every year, while hoping to spend $42,390 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: 37/41/22 Blend
42$675,000$675,000$675,000$675,000
43$750,425$714,650$704,187$773,024
44$781,865$704,565$682,675$779,985
45$815,092$692,565$659,021$783,086
46$850,243$678,512$633,110$785,578
47$887,467$662,259$604,818$787,432
48$926,929$643,650$574,020$788,617
49$968,808$622,520$540,581$789,107
50$1,013,299$598,697$504,364$788,875
51$1,060,617$571,994$465,221$787,896
52$1,110,996$542,218$423,003$786,147
53$1,164,693$509,162$377,549$783,608
54$1,221,989$472,609$328,694$780,263
55$1,283,192$432,327$276,265$776,099
56$1,348,639$388,072$220,081$771,107
57$1,418,701$339,588$159,954$765,284
58$1,493,782$286,602$95,687$758,635
59$1,574,329$228,826$27,073$751,171
60$1,660,829$165,957$0$742,911
61$1,753,819$97,674$0$744,718
62$1,853,886$23,638$0$753,287
63$1,961,677$0$0$762,365
64$2,077,902$0$0$797,573
65$2,203,340$0$0$847,155
66$2,338,848$0$0$900,793
67$2,485,367$0$0$958,870
68$2,643,931$0$0$1,021,806
69$2,815,679$0$0$1,090,063
70$3,001,859$0$0$1,164,149
71$3,203,848$0$0$1,244,623
72$3,423,157$0$0$1,332,100
73$3,661,450$0$0$1,427,257
74$3,920,557$0$0$1,530,836
75$4,202,490$0$0$1,643,658
76$4,509,465$0$0$1,766,623
77$4,843,918$0$0$1,900,723
78$5,208,532$0$0$2,047,049
79$5,606,258$0$0$2,206,803
80$6,040,345$0$0$2,381,306
81$6,514,370$0$0$2,572,015
82$7,032,270$0$0$2,780,533
83$7,598,379$0$0$3,008,624
84$8,217,469$0$0$3,258,231
85$8,894,794$0$0$3,531,494
86$9,636,138$0$0$3,830,769
87$10,447,874$0$0$4,158,650
88$11,337,015$0$0$4,517,996
89$12,311,287$0$0$4,911,952
90$13,379,199$0$0$5,343,985
91$14,550,121$0$0$5,817,912
92$15,834,374$0$0$6,337,939
93$17,243,325$0$0$6,908,696
94$18,789,495$0$0$7,535,285
95$20,486,676$0$0$8,223,326
96$22,350,060$0$0$8,979,010
97$24,396,382$0$0$9,809,157
98$26,644,077$0$0$10,721,278
99$29,113,454$0$0$11,723,650
100$31,826,886$0$0$12,825,392