Can I retire at age 43 with 790,000?

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 $790,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$65,237$64,656$64,089$63,536$62,996$62,260
2 years$32,296$31,694$31,111$30,546$29,998$29,258
3 years$21,317$20,713$20,131$19,571$19,032$18,310
4 years$15,828$15,226$14,650$14,100$13,574$12,875
5 years$12,536$11,937$11,369$10,830$10,319$9,646
6 years$10,342$9,748$9,188$8,661$8,165$7,519
7 years$8,775$8,186$7,635$7,121$6,640$6,021
8 years$7,601$7,017$6,475$5,973$5,509$4,916
9 years$6,688$6,110$5,577$5,088$4,639$4,073
10 years$5,958$5,385$4,862$4,386$3,953$3,413
11 years$5,361$4,794$4,281$3,817$3,399$2,886
12 years$4,864$4,303$3,799$3,348$2,946$2,457
13 years$4,444$3,889$3,394$2,956$2,569$2,105
14 years$4,084$3,535$3,050$2,624$2,252$1,812
15 years$3,772$3,229$2,753$2,340$1,983$1,566
16 years$3,500$2,963$2,496$2,095$1,752$1,358
17 years$3,260$2,728$2,272$1,883$1,554$1,181
18 years$3,047$2,521$2,074$1,697$1,382$1,029
19 years$2,856$2,337$1,898$1,533$1,231$899
20 years$2,685$2,171$1,742$1,388$1,100$787
21 years$2,530$2,022$1,603$1,260$984$690
22 years$2,390$1,888$1,477$1,146$882$606
23 years$2,262$1,766$1,364$1,043$792$533
24 years$2,144$1,654$1,261$952$712$469
25 years$2,037$1,553$1,168$869$641$413
26 years$1,938$1,459$1,083$795$577$364
27 years$1,846$1,373$1,006$727$520$321
28 years$1,761$1,294$935$666$469$283
29 years$1,682$1,221$870$611$424$250
30 years$1,608$1,153$811$561$383$221
31 years$1,539$1,090$756$515$346$195
32 years$1,475$1,031$705$473$313$173
33 years$1,415$977$658$435$283$153
34 years$1,358$926$615$401$257$135
35 years$1,305$878$575$369$232$119
36 years$1,255$833$538$340$211$106
37 years$1,207$791$504$313$191$94
38 years$1,163$752$472$288$173$83
39 years$1,120$715$442$266$157$73
40 years$1,080$680$414$245$142$65
41 years$1,042$648$388$226$129$58
42 years$1,006$617$364$209$117$51
43 years$971$588$342$193$106$45
44 years$939$560$321$178$97$40
45 years$907$534$301$164$88$35
46 years$878$510$283$152$80$31
47 years$849$486$266$140$72$28
48 years$822$464$250$130$66$25
49 years$796$443$235$120$60$22
50 years$771$424$221$111$54$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $790,000, adding $2,278 every year, while hoping to spend $39,027 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: 79/6/15 Blend
42$790,000$790,000$790,000$790,000
43$872,930$831,060$818,815$938,991
44$920,444$830,257$804,721$982,005
45$971,497$828,107$788,846$1,023,970
46$1,026,408$824,503$771,091$1,068,915
47$1,085,528$819,330$751,349$1,117,121
48$1,149,243$812,469$729,510$1,168,900
49$1,217,976$803,790$705,459$1,224,594
50$1,292,193$793,158$679,075$1,284,581
51$1,372,404$780,430$650,231$1,349,278
52$1,459,171$765,454$618,796$1,419,144
53$1,553,112$748,067$584,632$1,494,685
54$1,654,906$728,098$547,593$1,576,459
55$1,765,300$705,368$507,531$1,665,082
56$1,885,113$679,684$464,286$1,761,232
57$2,015,250$650,844$417,695$1,865,656
58$2,156,704$618,633$367,586$1,979,181
59$2,310,566$582,825$313,778$2,102,714
60$2,478,039$543,179$256,086$2,237,258
61$2,660,447$499,442$194,312$2,383,919
62$2,859,244$451,346$128,253$2,543,916
63$3,076,032$398,608$57,694$2,718,592
64$3,312,574$340,927$0$2,909,429
65$3,570,812$277,987$0$3,120,879
66$3,852,881$209,455$0$3,361,963
67$4,161,134$134,977$0$3,625,462
68$4,498,159$54,180$0$3,913,606
69$4,866,806$0$0$4,228,852
70$5,270,216$0$0$4,576,108
71$5,711,844$0$0$4,960,202
72$6,195,496$0$0$5,380,868
73$6,725,364$0$0$5,841,757
74$7,306,063$0$0$6,346,886
75$7,942,676$0$0$6,900,679
76$8,640,803$0$0$7,508,012
77$9,406,610$0$0$8,174,251
78$10,246,889$0$0$8,905,311
79$11,169,122$0$0$9,707,703
80$12,181,551$0$0$10,588,601
81$13,293,251$0$0$11,555,908
82$14,514,225$0$0$12,618,330
83$15,855,487$0$0$13,785,456
84$17,329,174$0$0$15,067,851
85$18,948,654$0$0$16,477,153
86$20,728,656$0$0$18,026,183
87$22,685,407$0$0$19,729,068
88$24,836,782$0$0$21,601,370
89$27,202,478$0$0$23,660,235
90$29,804,193$0$0$25,924,553
91$32,665,836$0$0$28,415,137
92$35,813,748$0$0$31,154,919
93$39,276,950$0$0$34,169,163
94$43,087,420$0$0$37,485,709
95$47,280,392$0$0$41,135,228
96$51,894,685$0$0$45,151,516
97$56,973,074$0$0$49,571,810
98$62,562,691$0$0$54,437,143
99$68,715,466$0$0$59,792,723
100$75,488,624$0$0$65,688,366