Can I retire at age 43 with 850,000?

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 $850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$70,192$69,567$68,957$68,362$67,780$66,548
2 years$34,749$34,101$33,474$32,866$32,276$31,039
3 years$22,936$22,286$21,660$21,058$20,477$19,274
4 years$17,030$16,382$15,763$15,171$14,605$13,444
5 years$13,488$12,844$12,233$11,653$11,102$9,988
6 years$11,127$10,488$9,886$9,319$8,785$7,718
7 years$9,442$8,808$8,215$7,661$7,144$6,126
8 years$8,178$7,550$6,967$6,427$5,927$4,956
9 years$7,196$6,574$6,001$5,474$4,991$4,067
10 years$6,410$5,794$5,232$4,719$4,253$3,375
11 years$5,768$5,158$4,606$4,107$3,658$2,825
12 years$5,234$4,630$4,088$3,602$3,170$2,381
13 years$4,781$4,184$3,652$3,180$2,764$2,018
14 years$4,394$3,803$3,281$2,823$2,423$1,719
15 years$4,059$3,474$2,963$2,518$2,133$1,469
16 years$3,766$3,188$2,686$2,254$1,885$1,260
17 years$3,507$2,936$2,444$2,026$1,672$1,083
18 years$3,278$2,713$2,231$1,825$1,486$934
19 years$3,073$2,514$2,043$1,649$1,325$806
20 years$2,889$2,336$1,875$1,494$1,183$697
21 years$2,722$2,176$1,724$1,356$1,059$604
22 years$2,571$2,031$1,589$1,233$949$524
23 years$2,433$1,900$1,467$1,123$852$455
24 years$2,307$1,780$1,357$1,024$766$395
25 years$2,191$1,670$1,257$935$689$344
26 years$2,085$1,570$1,166$855$621$299
27 years$1,986$1,478$1,082$783$560$260
28 years$1,894$1,392$1,006$717$505$227
29 years$1,809$1,313$936$658$456$198
30 years$1,730$1,240$872$603$412$172
31 years$1,656$1,173$813$554$373$150
32 years$1,587$1,109$759$509$337$131
33 years$1,522$1,051$708$468$305$114
34 years$1,461$996$662$431$276$100
35 years$1,404$945$619$397$250$87
36 years$1,350$897$579$365$227$76
37 years$1,299$851$542$337$205$66
38 years$1,251$809$507$310$186$58
39 years$1,205$769$475$286$169$51
40 years$1,162$732$446$264$153$44
41 years$1,121$697$418$243$139$39
42 years$1,082$664$392$225$126$34
43 years$1,045$632$368$207$114$30
44 years$1,010$603$345$192$104$26
45 years$976$575$324$177$94$23
46 years$944$548$304$163$86$20
47 years$914$523$286$151$78$17
48 years$885$500$269$139$71$15
49 years$857$477$253$129$64$13
50 years$830$456$238$119$58$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $850,000, adding $5,633 every year, while hoping to spend $21,294 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: 45/41/14 Blend
42$850,000$850,000$850,000$850,000
43$942,510$897,460$884,285$980,916
44$1,015,990$918,779$891,252$1,029,544
45$1,096,250$940,429$897,739$1,079,645
46$1,183,962$962,404$903,707$1,133,508
47$1,279,860$984,696$909,115$1,191,488
48$1,384,756$1,007,297$913,921$1,253,977
49$1,499,544$1,030,197$918,081$1,321,409
50$1,625,207$1,053,386$921,546$1,394,259
51$1,762,828$1,076,852$924,267$1,473,052
52$1,913,600$1,100,581$926,194$1,558,366
53$2,078,836$1,124,558$927,270$1,650,839
54$2,259,982$1,148,766$927,438$1,751,173
55$2,458,632$1,173,188$926,639$1,860,140
56$2,676,541$1,197,802$924,809$1,978,593
57$2,915,640$1,222,587$921,883$2,107,472
58$3,178,060$1,247,518$917,791$2,247,812
59$3,466,145$1,272,569$912,459$2,400,754
60$3,782,478$1,297,711$905,813$2,567,555
61$4,129,904$1,322,913$897,772$2,749,603
62$4,511,559$1,348,140$888,252$2,948,424
63$4,930,896$1,373,357$877,166$3,165,702
64$5,391,719$1,398,522$864,422$3,403,295
65$5,898,218$1,423,594$849,924$3,663,247
66$6,455,011$1,448,525$833,572$3,947,814
67$7,067,186$1,473,266$815,260$4,259,482
68$7,740,345$1,497,763$794,877$4,600,992
69$8,480,665$1,521,958$772,310$4,975,363
70$9,294,947$1,545,788$747,437$5,385,926
71$10,190,688$1,569,188$720,133$5,836,350
72$11,176,146$1,592,086$690,265$6,330,682
73$12,260,419$1,614,405$657,695$6,873,380
74$13,453,535$1,636,063$622,280$7,469,360
75$14,766,538$1,656,973$583,869$8,124,042
76$16,211,601$1,677,040$542,305$8,843,397
77$17,802,135$1,696,166$497,423$9,634,011
78$19,552,917$1,714,243$449,051$10,503,140
79$21,480,231$1,731,157$397,010$11,458,784
80$23,602,017$1,746,786$341,113$12,509,762
81$25,938,046$1,761,002$281,163$13,665,793
82$28,510,101$1,773,666$216,957$14,937,591
83$31,342,187$1,784,631$148,281$16,336,965
84$34,460,754$1,793,741$74,912$17,876,934
85$37,894,946$1,800,830$0$19,571,845
86$41,676,881$1,805,721$0$21,438,019
87$45,841,948$1,808,227$0$23,504,359
88$50,429,143$1,808,146$0$25,778,914
89$55,481,439$1,805,269$0$28,282,904
90$61,046,188$1,799,368$0$31,039,711
91$67,175,568$1,790,207$0$34,075,111
92$73,927,080$1,777,530$0$37,417,506
93$81,364,083$1,761,070$0$41,098,203
94$89,556,398$1,740,542$0$45,151,701
95$98,580,964$1,715,642$0$49,616,026
96$108,522,566$1,686,052$0$54,533,083
97$119,474,631$1,651,431$0$59,949,057
98$131,540,113$1,611,421$0$65,914,848
99$144,832,465$1,565,642$0$72,486,554
100$159,476,708$1,513,689$0$79,725,999