Can I retire at age 43 with 750,000?

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 $750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$61,934$61,383$60,844$60,319$59,806$57,615
2 years$30,661$30,090$29,536$29,000$28,479$26,296
3 years$20,237$19,664$19,112$18,580$18,068$15,962
4 years$15,027$14,455$13,909$13,386$12,886$10,873
5 years$11,901$11,333$10,794$10,282$9,796$7,881
6 years$9,818$9,254$8,723$8,222$7,751$5,935
7 years$8,331$7,772$7,249$6,760$6,304$4,587
8 years$7,216$6,662$6,147$5,671$5,230$3,610
9 years$6,349$5,800$5,295$4,830$4,404$2,879
10 years$5,656$5,113$4,616$4,164$3,753$2,320
11 years$5,090$4,551$4,064$3,624$3,227$1,884
12 years$4,618$4,085$3,607$3,179$2,797$1,540
13 years$4,219$3,692$3,222$2,806$2,439$1,265
14 years$3,877$3,356$2,895$2,491$2,138$1,043
15 years$3,581$3,066$2,614$2,222$1,882$862
16 years$3,323$2,813$2,370$1,989$1,664$715
17 years$3,095$2,590$2,157$1,787$1,475$594
18 years$2,892$2,394$1,969$1,611$1,312$495
19 years$2,712$2,218$1,802$1,455$1,169$412
20 years$2,549$2,061$1,654$1,318$1,044$344
21 years$2,402$1,920$1,521$1,196$934$287
22 years$2,269$1,792$1,402$1,088$838$240
23 years$2,147$1,676$1,295$991$752$201
24 years$2,036$1,571$1,197$903$676$168
25 years$1,934$1,474$1,109$825$608$141
26 years$1,839$1,385$1,029$754$548$118
27 years$1,752$1,304$955$691$494$99
28 years$1,672$1,228$888$633$446$83
29 years$1,597$1,159$826$580$402$70
30 years$1,527$1,094$770$532$364$58
31 years$1,461$1,035$717$489$329$49
32 years$1,400$979$669$449$297$41
33 years$1,343$927$625$413$269$35
34 years$1,289$879$584$380$244$29
35 years$1,239$833$546$350$221$24
36 years$1,191$791$511$322$200$20
37 years$1,146$751$478$297$181$17
38 years$1,104$714$448$274$164$14
39 years$1,063$679$419$252$149$12
40 years$1,025$646$393$233$135$10
41 years$989$615$369$215$123$9
42 years$955$586$346$198$111$7
43 years$922$558$324$183$101$6
44 years$891$532$305$169$92$5
45 years$861$507$286$156$83$4
46 years$833$484$269$144$76$4
47 years$806$462$252$133$69$3
48 years$780$441$237$123$62$2
49 years$756$421$223$114$57$2
50 years$732$402$210$105$51$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $750,000, adding $2,638 every year, while hoping to spend $24,019 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: 41/30/29 Blend
42$750,000$750,000$750,000$750,000
43$829,221$789,471$777,846$856,057
44$888,246$802,599$778,348$888,880
45$952,486$815,565$778,062$921,953
46$1,022,448$828,337$776,935$957,300
47$1,098,689$840,877$774,915$995,145
48$1,181,824$853,149$771,943$1,035,737
49$1,272,528$865,110$767,960$1,079,349
50$1,371,543$876,718$762,904$1,126,286
51$1,479,687$887,925$756,709$1,176,882
52$1,597,863$898,680$749,306$1,231,509
53$1,727,060$908,931$740,623$1,290,575
54$1,868,372$918,620$730,585$1,354,533
55$2,023,000$927,686$719,113$1,423,884
56$2,192,267$936,064$706,125$1,499,182
57$2,377,631$943,685$691,534$1,581,035
58$2,580,698$950,474$675,249$1,670,120
59$2,803,235$956,353$657,175$1,767,183
60$3,047,189$961,238$637,215$1,873,046
61$3,314,705$965,040$615,263$1,988,619
62$3,608,142$967,665$591,212$2,114,908
63$3,930,104$969,012$564,949$2,253,023
64$4,283,454$968,973$536,354$2,404,187
65$4,671,349$967,436$505,305$2,569,755
66$5,097,266$964,279$471,672$2,751,221
67$5,565,033$959,375$435,319$2,950,235
68$6,078,870$952,588$396,106$3,168,616
69$6,643,424$943,773$353,884$3,408,377
70$7,263,814$932,779$308,500$3,671,735
71$7,945,680$919,443$259,792$3,961,140
72$8,695,238$903,594$207,593$4,279,296
73$9,519,332$885,049$151,727$4,629,185
74$10,425,504$863,617$92,011$5,014,101
75$11,422,065$839,094$28,253$5,437,675
76$12,518,170$811,264$0$5,903,918
77$13,723,905$779,898$0$6,429,564
78$15,050,386$744,755$0$7,017,312
79$16,509,856$705,579$0$7,663,862
80$18,115,809$662,100$0$8,375,224
81$19,883,111$614,032$0$9,158,025
82$21,828,141$561,073$0$10,019,571
83$23,968,949$502,902$0$10,967,913
84$26,325,420$439,183$0$12,011,932
85$28,919,468$369,558$0$13,161,414
86$31,775,238$293,651$0$14,427,149
87$34,919,335$211,062$0$15,821,033
88$38,381,075$121,372$0$17,356,178
89$42,192,761$24,136$0$19,047,038
90$46,389,989$0$0$20,909,548
91$51,011,982$0$0$22,988,051
92$56,101,960$0$0$25,285,909
93$61,707,548$0$0$27,816,671
94$67,881,227$0$0$30,604,045
95$74,680,826$0$0$33,674,159
96$82,170,068$0$0$37,055,803
97$90,419,175$0$0$40,780,701
98$99,505,526$0$0$44,883,812
99$109,514,387$0$0$49,403,660
100$120,539,720$0$0$54,382,697