Can I retire at age 43 with 780,000?

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 $780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$64,412$63,838$63,278$62,732$62,198$60,942
2 years$31,887$31,293$30,718$30,160$29,618$28,359
3 years$21,047$20,450$19,876$19,323$18,791$17,567
4 years$15,628$15,033$14,465$13,921$13,402$12,222
5 years$12,377$11,786$11,225$10,693$10,188$9,057
6 years$10,211$9,624$9,072$8,551$8,061$6,979
7 years$8,664$8,082$7,539$7,031$6,556$5,524
8 years$7,505$6,928$6,393$5,898$5,439$4,456
9 years$6,603$6,032$5,507$5,024$4,580$3,646
10 years$5,882$5,317$4,801$4,330$3,903$3,016
11 years$5,293$4,734$4,227$3,769$3,356$2,517
12 years$4,803$4,249$3,751$3,306$2,909$2,114
13 years$4,388$3,839$3,351$2,918$2,536$1,786
14 years$4,032$3,490$3,011$2,591$2,223$1,516
15 years$3,725$3,188$2,719$2,310$1,958$1,291
16 years$3,456$2,925$2,465$2,069$1,730$1,104
17 years$3,219$2,694$2,243$1,859$1,534$946
18 years$3,008$2,489$2,047$1,675$1,364$812
19 years$2,820$2,307$1,874$1,514$1,216$699
20 years$2,651$2,144$1,720$1,371$1,086$602
21 years$2,498$1,997$1,582$1,244$972$519
22 years$2,359$1,864$1,458$1,131$871$449
23 years$2,233$1,743$1,346$1,030$782$388
24 years$2,117$1,633$1,245$940$703$336
25 years$2,011$1,533$1,153$858$632$291
26 years$1,913$1,441$1,070$785$570$252
27 years$1,822$1,356$993$718$514$219
28 years$1,738$1,278$923$658$463$190
29 years$1,660$1,205$859$603$418$165
30 years$1,588$1,138$800$554$378$143
31 years$1,520$1,076$746$509$342$124
32 years$1,456$1,018$696$467$309$108
33 years$1,397$964$650$430$280$94
34 years$1,341$914$607$395$253$81
35 years$1,288$867$568$364$229$71
36 years$1,239$823$531$335$208$62
37 years$1,192$781$497$309$188$54
38 years$1,148$743$466$285$171$47
39 years$1,106$706$436$263$155$41
40 years$1,066$672$409$242$141$35
41 years$1,029$639$383$223$127$31
42 years$993$609$360$206$116$27
43 years$959$580$337$190$105$23
44 years$927$553$317$176$95$20
45 years$896$527$297$162$87$18
46 years$867$503$279$150$79$15
47 years$839$480$262$139$71$13
48 years$812$458$247$128$65$12
49 years$786$438$232$118$59$10
50 years$762$418$218$109$53$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $780,000, adding $6,527 every year, while hoping to spend $59,831 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: 36/42/22 Blend
42$780,000$780,000$780,000$780,000
43$866,293$824,953$812,863$891,518
44$890,995$801,716$776,434$887,350
45$916,211$775,335$736,779$876,844
46$941,931$745,593$693,728$864,289
47$968,141$712,260$647,101$849,538
48$994,824$675,092$596,711$832,433
49$1,021,958$633,834$542,363$812,810
50$1,049,518$588,212$483,852$790,492
51$1,077,474$537,939$420,966$765,291
52$1,105,789$482,712$353,482$737,009
53$1,134,423$422,208$281,167$705,436
54$1,163,327$356,089$203,779$670,348
55$1,192,444$283,996$121,063$631,506
56$1,221,711$205,549$32,757$588,659
57$1,251,054$120,349$0$541,538
58$1,280,389$27,973$0$504,291
59$1,309,620$0$0$471,327
60$1,338,639$0$0$467,985
61$1,367,325$0$0$477,378
62$1,395,539$0$0$486,522
63$1,423,127$0$0$495,352
64$1,449,914$0$0$503,798
65$1,475,705$0$0$511,781
66$1,500,279$0$0$519,210
67$1,523,394$0$0$525,986
68$1,544,773$0$0$531,999
69$1,564,112$0$0$537,124
70$1,581,070$0$0$541,225
71$1,595,265$0$0$544,147
72$1,606,276$0$0$545,721
73$1,613,631$0$0$545,756
74$1,616,808$0$0$544,042
75$1,615,223$0$0$540,346
76$1,608,233$0$0$534,409
77$1,595,119$0$0$525,943
78$1,575,087$0$0$514,629
79$1,547,257$0$0$500,115
80$1,510,649$0$0$482,011
81$1,464,184$0$0$459,882
82$1,406,662$0$0$433,251
83$1,336,756$0$0$401,587
84$1,252,998$0$0$364,303
85$1,153,763$0$0$320,752
86$1,037,255$0$0$270,216
87$901,485$0$0$211,903
88$744,258$0$0$144,938
89$563,145$0$0$68,351
90$355,461$0$0$0
91$118,243$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