Can I retire at age 43 with 830,000?

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 $830,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$68,541$67,930$67,334$66,753$66,185$65,603
2 years$33,931$33,299$32,687$32,093$31,517$30,930
3 years$22,396$21,761$21,150$20,562$19,996$19,423
4 years$16,630$15,997$15,392$14,814$14,261$13,706
5 years$13,171$12,542$11,945$11,378$10,841$10,306
6 years$10,865$10,241$9,653$9,099$8,578$8,064
7 years$9,220$8,601$8,022$7,481$6,976$6,482
8 years$7,986$7,372$6,803$6,276$5,788$5,314
9 years$7,026$6,419$5,860$5,346$4,874$4,421
10 years$6,260$5,658$5,109$4,608$4,153$3,720
11 years$5,633$5,037$4,497$4,010$3,572$3,159
12 years$5,110$4,521$3,991$3,518$3,095$2,702
13 years$4,669$4,086$3,566$3,105$2,699$2,325
14 years$4,291$3,714$3,204$2,757$2,366$2,010
15 years$3,963$3,393$2,893$2,458$2,083$1,746
16 years$3,677$3,113$2,623$2,201$1,841$1,521
17 years$3,425$2,867$2,387$1,978$1,632$1,329
18 years$3,201$2,649$2,179$1,782$1,451$1,165
19 years$3,001$2,455$1,995$1,611$1,294$1,023
20 years$2,821$2,281$1,830$1,459$1,156$900
21 years$2,658$2,125$1,684$1,324$1,034$793
22 years$2,511$1,983$1,552$1,204$927$700
23 years$2,376$1,855$1,433$1,096$832$619
24 years$2,253$1,738$1,325$1,000$748$547
25 years$2,140$1,631$1,227$913$673$485
26 years$2,036$1,533$1,138$835$606$429
27 years$1,939$1,443$1,057$764$547$381
28 years$1,850$1,359$983$700$493$338
29 years$1,767$1,283$914$642$445$300
30 years$1,690$1,211$852$589$402$267
31 years$1,617$1,145$794$541$364$237
32 years$1,550$1,083$741$497$329$211
33 years$1,486$1,026$692$457$298$187
34 years$1,427$972$646$421$270$167
35 years$1,371$922$604$387$244$148
36 years$1,318$875$565$357$221$132
37 years$1,268$831$529$329$201$118
38 years$1,221$790$495$303$182$105
39 years$1,177$751$464$279$165$93
40 years$1,135$715$435$258$150$83
41 years$1,095$680$408$238$136$74
42 years$1,057$648$383$219$123$66
43 years$1,021$617$359$203$112$59
44 years$986$589$337$187$101$52
45 years$953$561$317$173$92$47
46 years$922$535$297$160$84$42
47 years$892$511$279$147$76$37
48 years$864$488$262$136$69$33
49 years$836$466$247$126$63$30
50 years$810$445$232$116$57$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $830,000, adding $5,883 every year, while hoping to spend $31,179 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: 53/18/29 Blend
42$830,000$830,000$830,000$830,000
43$920,728$876,738$863,873$961,782
44$981,468$886,524$859,639$1,000,685
45$1,047,359$895,745$854,218$1,039,361
46$1,118,892$904,339$847,537$1,080,840
47$1,196,611$912,243$839,520$1,125,402
48$1,281,109$919,387$830,088$1,173,359
49$1,373,043$925,698$819,157$1,225,056
50$1,473,134$931,098$806,640$1,280,872
51$1,582,176$935,504$792,445$1,341,228
52$1,701,042$938,827$776,475$1,406,588
53$1,830,693$940,975$758,632$1,477,466
54$1,972,187$941,845$738,809$1,554,431
55$2,126,688$941,334$716,897$1,638,108
56$2,295,478$939,328$692,782$1,729,192
57$2,479,969$935,707$666,342$1,828,448
58$2,681,714$930,345$637,453$1,936,722
59$2,902,424$923,107$605,982$2,054,948
60$3,143,983$913,850$571,794$2,184,158
61$3,408,464$902,423$534,744$2,325,494
62$3,698,151$888,666$494,682$2,480,212
63$4,015,560$872,409$451,451$2,649,704
64$4,363,462$853,471$404,889$2,835,505
65$4,744,906$831,662$354,824$3,039,309
66$5,163,253$806,780$301,077$3,262,988
67$5,622,204$778,612$243,463$3,508,606
68$6,125,836$746,930$181,786$3,778,444
69$6,678,638$711,497$115,843$4,075,019
70$7,285,557$672,058$45,421$4,401,108
71$7,952,041$628,347$0$4,759,776
72$8,684,093$580,079$0$5,163,606
73$9,488,323$526,956$0$5,622,729
74$10,372,016$468,661$0$6,127,268
75$11,343,196$404,860$0$6,681,847
76$12,410,704$335,199$0$7,291,561
77$13,584,278$259,306$0$7,962,028
78$14,874,648$176,786$0$8,699,440
79$16,293,637$87,224$0$9,510,622
80$17,854,269$0$0$10,403,098
81$19,570,893$0$0$11,387,106
82$21,459,321$0$0$12,488,691
83$23,536,973$0$0$13,700,752
84$25,823,042$0$0$15,034,497
85$28,338,678$0$0$16,502,276
86$31,107,181$0$0$18,117,698
87$34,154,228$0$0$19,895,757
88$37,508,107$0$0$21,852,975
89$41,199,993$0$0$24,007,556
90$45,264,231$0$0$26,379,560
91$49,738,669$0$0$28,991,090
92$54,665,012$0$0$31,866,503
93$60,089,210$0$0$35,032,634
94$66,061,900$0$0$38,519,057
95$72,638,878$0$0$42,358,357
96$79,881,625$0$0$46,586,442
97$87,857,891$0$0$51,242,879
98$96,642,328$0$0$56,371,269
99$106,317,200$0$0$62,019,654
100$116,973,156$0$0$68,240,979