Can I retire at age 43 with 880,000?

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 $880,000?

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$72,670$72,022$71,391$70,774$70,172$69,353
2 years$35,975$35,305$34,656$34,026$33,415$32,591
3 years$23,745$23,072$22,425$21,801$21,200$20,396
4 years$17,631$16,961$16,319$15,706$15,120$14,342
5 years$13,964$13,297$12,664$12,064$11,494$10,745
6 years$11,520$10,858$10,235$9,648$9,095$8,375
7 years$9,775$9,119$8,505$7,932$7,397$6,707
8 years$8,467$7,816$7,213$6,654$6,136$5,476
9 years$7,450$6,806$6,213$5,668$5,168$4,537
10 years$6,637$5,999$5,416$4,886$4,403$3,802
11 years$5,972$5,340$4,768$4,252$3,787$3,214
12 years$5,418$4,793$4,232$3,729$3,281$2,737
13 years$4,950$4,332$3,781$3,293$2,862$2,344
14 years$4,549$3,937$3,397$2,923$2,508$2,018
15 years$4,202$3,597$3,067$2,607$2,209$1,744
16 years$3,899$3,300$2,781$2,334$1,952$1,512
17 years$3,631$3,039$2,530$2,097$1,731$1,315
18 years$3,394$2,808$2,310$1,890$1,539$1,147
19 years$3,182$2,603$2,115$1,708$1,372$1,002
20 years$2,991$2,419$1,941$1,547$1,225$877
21 years$2,818$2,253$1,785$1,404$1,096$769
22 years$2,662$2,103$1,645$1,276$983$675
23 years$2,519$1,967$1,519$1,162$882$593
24 years$2,389$1,843$1,405$1,060$793$522
25 years$2,269$1,729$1,301$968$714$460
26 years$2,158$1,625$1,207$885$643$405
27 years$2,056$1,530$1,121$810$579$357
28 years$1,961$1,441$1,042$742$523$315
29 years$1,873$1,360$969$681$472$278
30 years$1,791$1,284$903$625$427$246
31 years$1,715$1,214$842$574$386$217
32 years$1,643$1,149$785$527$349$192
33 years$1,576$1,088$733$485$316$170
34 years$1,513$1,031$685$446$286$150
35 years$1,454$978$641$411$259$133
36 years$1,398$928$599$378$235$118
37 years$1,345$882$561$349$213$104
38 years$1,295$838$525$321$193$92
39 years$1,248$797$492$296$175$82
40 years$1,203$758$461$273$159$72
41 years$1,161$721$433$252$144$64
42 years$1,120$687$406$233$131$57
43 years$1,082$655$381$215$118$50
44 years$1,046$624$357$198$108$45
45 years$1,011$595$336$183$98$39
46 years$978$568$315$169$89$35
47 years$946$542$296$156$80$31
48 years$916$517$278$144$73$27
49 years$887$494$262$133$66$24
50 years$859$472$246$123$60$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $880,000, adding $4,768 every year, while hoping to spend $23,270 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: 77/18/5 Blend
42$880,000$880,000$880,000$880,000
43$974,678$928,038$914,398$1,049,099
44$1,049,336$948,753$920,271$1,119,307
45$1,130,830$969,703$925,562$1,192,756
46$1,219,831$990,875$930,224$1,272,587
47$1,317,080$1,012,254$934,214$1,359,424
48$1,423,393$1,033,826$937,480$1,453,953
49$1,539,667$1,055,571$939,974$1,556,929
50$1,666,890$1,077,471$941,640$1,669,185
51$1,806,150$1,099,505$942,423$1,791,638
52$1,958,646$1,121,649$942,262$1,925,296
53$2,125,697$1,143,879$941,097$2,071,272
54$2,308,757$1,166,167$938,862$2,230,790
55$2,509,424$1,188,484$935,489$2,405,199
56$2,729,463$1,210,797$930,905$2,595,984
57$2,970,815$1,233,072$925,036$2,804,784
58$3,235,616$1,255,271$917,804$3,033,401
59$3,526,224$1,277,355$909,125$3,283,822
60$3,845,232$1,299,278$898,914$3,558,235
61$4,195,498$1,320,994$887,079$3,859,052
62$4,580,169$1,342,454$873,527$4,188,931
63$5,002,714$1,363,602$858,158$4,550,797
64$5,466,952$1,384,380$840,868$4,947,877
65$5,977,093$1,404,726$821,548$5,383,724
66$6,537,772$1,424,573$800,086$5,862,255
67$7,154,097$1,443,850$776,361$6,387,783
68$7,831,696$1,462,479$750,250$6,965,062
69$8,576,768$1,480,380$721,623$7,599,333
70$9,396,144$1,497,464$690,343$8,296,366
71$10,297,350$1,513,639$656,269$9,062,524
72$11,288,677$1,528,804$619,251$9,904,816
73$12,379,261$1,542,854$579,134$10,830,965
74$13,579,166$1,555,676$535,756$11,849,483
75$14,899,485$1,567,148$488,948$12,969,750
76$16,352,437$1,577,142$438,532$14,202,101
77$17,951,485$1,585,522$384,323$15,557,926
78$19,711,466$1,592,142$326,127$17,049,776
79$21,648,727$1,596,848$263,743$18,691,483
80$23,781,279$1,599,475$196,960$20,498,290
81$26,128,969$1,599,849$125,558$22,486,992
82$28,713,666$1,597,784$49,307$24,676,099
83$31,559,468$1,593,084$0$27,086,011
84$34,692,928$1,585,539$0$29,740,917
85$38,143,304$1,574,928$0$32,666,796
86$41,942,837$1,561,015$0$35,888,329
87$46,127,053$1,543,552$0$39,435,613
88$50,735,100$1,522,273$0$43,341,818
89$55,810,115$1,496,899$0$47,643,494
90$61,399,632$1,467,132$0$52,380,920
91$67,556,032$1,432,659$0$57,598,484
92$74,337,034$1,393,146$0$63,345,100
93$81,806,243$1,348,242$0$69,674,672
94$90,033,746$1,297,572$0$76,646,603
95$99,096,777$1,240,742$0$84,326,355
96$109,080,444$1,177,334$0$92,786,065
97$120,078,533$1,106,908$0$102,105,231
98$132,194,392$1,028,994$0$112,371,461
99$145,541,905$943,100$0$123,681,297
100$160,246,571$848,703$0$136,141,131