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%12.4%
1 years$59,870$59,337$58,816$58,308$57,813$57,233
2 years$29,639$29,087$28,552$28,033$27,530$26,946
3 years$19,563$19,008$18,475$17,961$17,466$16,896
4 years$14,526$13,973$13,445$12,940$12,457$11,905
5 years$11,504$10,955$10,434$9,939$9,470$8,938
6 years$9,491$8,946$8,432$7,948$7,493$6,982
7 years$8,053$7,513$7,007$6,535$6,094$5,603
8 years$6,975$6,440$5,943$5,482$5,055$4,586
9 years$6,138$5,607$5,118$4,669$4,257$3,808
10 years$5,468$4,942$4,462$4,025$3,627$3,199
11 years$4,920$4,400$3,929$3,503$3,120$2,711
12 years$4,464$3,949$3,486$3,073$2,704$2,314
13 years$4,078$3,569$3,115$2,713$2,358$1,988
14 years$3,748$3,244$2,799$2,408$2,067$1,715
15 years$3,462$2,963$2,527$2,147$1,820$1,486
16 years$3,212$2,719$2,291$1,923$1,608$1,293
17 years$2,992$2,504$2,085$1,728$1,426$1,127
18 years$2,796$2,314$1,903$1,557$1,268$986
19 years$2,621$2,144$1,742$1,407$1,130$864
20 years$2,464$1,993$1,599$1,274$1,009$758
21 years$2,322$1,856$1,471$1,156$903$667
22 years$2,193$1,733$1,355$1,051$810$587
23 years$2,076$1,620$1,252$958$727$518
24 years$1,968$1,518$1,157$873$653$457
25 years$1,869$1,425$1,072$798$588$404
26 years$1,778$1,339$994$729$530$357
27 years$1,694$1,260$923$668$477$316
28 years$1,616$1,188$858$612$431$280
29 years$1,543$1,120$799$561$389$248
30 years$1,476$1,058$744$515$351$219
31 years$1,413$1,000$694$473$318$195
32 years$1,354$946$647$434$287$173
33 years$1,298$896$604$400$260$153
34 years$1,246$849$565$368$236$136
35 years$1,198$806$528$338$213$121
36 years$1,151$765$494$312$193$107
37 years$1,108$726$462$287$175$95
38 years$1,067$690$433$265$159$85
39 years$1,028$656$405$244$144$75
40 years$991$624$380$225$131$67
41 years$956$594$356$208$119$59
42 years$923$566$334$192$108$53
43 years$891$539$314$177$98$47
44 years$861$514$294$163$89$42
45 years$833$490$276$151$80$37
46 years$805$468$260$139$73$33
47 years$779$446$244$129$66$29
48 years$754$426$229$119$60$26
49 years$731$407$215$110$55$23
50 years$708$389$203$102$50$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $725,000, adding $6,574 every year, while hoping to spend $36,985 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: 40/40/20 Blend
42$725,000$725,000$725,000$725,000
43$805,731$767,306$756,069$832,952
44$848,564$765,552$742,045$851,294
45$894,526$762,473$726,312$867,093
46$943,898$757,964$708,774$883,425
47$996,986$751,916$689,329$900,358
48$1,054,130$744,210$667,872$917,969
49$1,115,698$734,724$644,293$936,349
50$1,182,100$723,325$618,477$955,596
51$1,253,780$709,875$590,303$975,826
52$1,331,233$694,225$559,644$997,167
53$1,414,996$676,220$526,370$1,019,764
54$1,505,665$655,695$490,343$1,043,781
55$1,603,892$632,473$451,419$1,069,403
56$1,710,395$606,369$409,447$1,096,838
57$1,825,962$577,188$364,270$1,126,318
58$1,951,462$544,722$315,725$1,158,106
59$2,087,849$508,752$263,640$1,192,495
60$2,236,174$469,045$207,836$1,229,814
61$2,397,592$425,357$148,127$1,270,430
62$2,573,375$377,427$84,318$1,314,755
63$2,764,921$324,983$16,204$1,363,249
64$2,973,770$267,735$0$1,416,426
65$3,201,617$205,376$0$1,486,912
66$3,450,327$137,585$0$1,567,766
67$3,721,953$64,019$0$1,656,288
68$4,018,755$0$0$1,753,323
69$4,343,221$0$0$1,866,710
70$4,698,092$0$0$2,021,632
71$5,086,382$0$0$2,191,238
72$5,511,415$0$0$2,376,991
73$5,976,847$0$0$2,580,501
74$6,486,706$0$0$2,803,543
75$7,045,427$0$0$3,048,070
76$7,657,896$0$0$3,316,234
77$8,329,493$0$0$3,610,403
78$9,066,143$0$0$3,933,190
79$9,874,373$0$0$4,287,468
80$10,761,373$0$0$4,676,405
81$11,735,060$0$0$5,103,489
82$12,804,159$0$0$5,572,564
83$13,978,277$0$0$6,087,863
84$15,268,000$0$0$6,654,049
85$16,684,989$0$0$7,276,261
86$18,242,091$0$0$7,960,159
87$19,953,456$0$0$8,711,979
88$21,834,677$0$0$9,538,591
89$23,902,930$0$0$10,447,564
90$26,177,140$0$0$11,447,237
91$28,678,157$0$0$12,546,798
92$31,428,953$0$0$13,756,371
93$34,454,837$0$0$15,087,110
94$37,783,696$0$0$16,551,302
95$41,446,253$0$0$18,162,489
96$45,476,364$0$0$19,935,591
97$49,911,327$0$0$21,887,045
98$54,792,242$0$0$24,034,966
99$60,164,394$0$0$26,399,310
100$66,077,681$0$0$29,002,071