Can I retire at age 43 with 725,000?

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 $725,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$59,870$59,337$58,816$58,308$57,813$55,962
2 years$29,639$29,087$28,552$28,033$27,530$25,682
3 years$19,563$19,008$18,475$17,961$17,466$15,680
4 years$14,526$13,973$13,445$12,940$12,457$10,746
5 years$11,504$10,955$10,434$9,939$9,470$7,838
6 years$9,491$8,946$8,432$7,948$7,493$5,942
7 years$8,053$7,513$7,007$6,535$6,094$4,623
8 years$6,975$6,440$5,943$5,482$5,055$3,665
9 years$6,138$5,607$5,118$4,669$4,257$2,945
10 years$5,468$4,942$4,462$4,025$3,627$2,391
11 years$4,920$4,400$3,929$3,503$3,120$1,957
12 years$4,464$3,949$3,486$3,073$2,704$1,612
13 years$4,078$3,569$3,115$2,713$2,358$1,335
14 years$3,748$3,244$2,799$2,408$2,067$1,110
15 years$3,462$2,963$2,527$2,147$1,820$926
16 years$3,212$2,719$2,291$1,923$1,608$774
17 years$2,992$2,504$2,085$1,728$1,426$649
18 years$2,796$2,314$1,903$1,557$1,268$545
19 years$2,621$2,144$1,742$1,407$1,130$459
20 years$2,464$1,993$1,599$1,274$1,009$386
21 years$2,322$1,856$1,471$1,156$903$326
22 years$2,193$1,733$1,355$1,051$810$275
23 years$2,076$1,620$1,252$958$727$232
24 years$1,968$1,518$1,157$873$653$196
25 years$1,869$1,425$1,072$798$588$166
26 years$1,778$1,339$994$729$530$140
27 years$1,694$1,260$923$668$477$119
28 years$1,616$1,188$858$612$431$101
29 years$1,543$1,120$799$561$389$85
30 years$1,476$1,058$744$515$351$72
31 years$1,413$1,000$694$473$318$61
32 years$1,354$946$647$434$287$52
33 years$1,298$896$604$400$260$44
34 years$1,246$849$565$368$236$37
35 years$1,198$806$528$338$213$32
36 years$1,151$765$494$312$193$27
37 years$1,108$726$462$287$175$23
38 years$1,067$690$433$265$159$19
39 years$1,028$656$405$244$144$16
40 years$991$624$380$225$131$14
41 years$956$594$356$208$119$12
42 years$923$566$334$192$108$10
43 years$891$539$314$177$98$8
44 years$861$514$294$163$89$7
45 years$833$490$276$151$80$6
46 years$805$468$260$139$73$5
47 years$779$446$244$129$66$4
48 years$754$426$229$119$60$4
49 years$731$407$215$110$55$3
50 years$708$389$203$102$50$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $725,000, adding $2,192 every year, while hoping to spend $56,263 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: 54/18/28 Blend
42$725,000$725,000$725,000$725,000
43$801,211$762,786$751,549$838,131
44$823,071$740,299$716,862$841,409
45$845,275$714,825$679,128$839,031
46$867,799$686,157$638,184$835,315
47$890,614$654,078$593,863$830,156
48$913,687$618,358$545,987$823,439
49$936,978$578,752$494,373$815,041
50$960,443$535,004$438,828$804,832
51$984,030$486,841$379,150$792,671
52$1,007,680$433,975$315,130$778,408
53$1,031,325$376,102$246,549$761,882
54$1,054,889$312,901$173,178$742,922
55$1,078,286$244,031$94,777$721,341
56$1,101,417$169,134$11,098$696,943
57$1,124,171$87,831$0$669,514
58$1,146,424$0$0$662,191
59$1,168,036$0$0$656,476
60$1,188,849$0$0$667,646
61$1,208,688$0$0$678,198
62$1,227,356$0$0$688,013
63$1,244,633$0$0$696,960
64$1,260,272$0$0$704,890
65$1,274,001$0$0$711,640
66$1,285,512$0$0$717,026
67$1,294,468$0$0$720,844
68$1,300,488$0$0$722,868
69$1,303,153$0$0$722,847
70$1,301,996$0$0$720,500
71$1,296,497$0$0$715,518
72$1,286,080$0$0$707,555
73$1,270,107$0$0$696,230
74$1,247,870$0$0$681,120
75$1,218,583$0$0$661,756
76$1,181,377$0$0$637,619
77$1,135,288$0$0$608,132
78$1,079,251$0$0$572,661
79$1,012,086$0$0$530,500
80$932,486$0$0$480,871
81$839,008$0$0$422,912
82$730,054$0$0$355,670
83$603,859$0$0$278,093
84$458,472$0$0$189,017
85$291,735$0$0$87,155
86$101,265$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0