Can I retire at age 43 with 920,000?

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 $920,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$75,973$75,296$74,636$73,991$73,362$71,473
2 years$37,610$36,910$36,231$35,573$34,934$33,043
3 years$24,824$24,121$23,444$22,792$22,164$20,330
4 years$18,433$17,731$17,061$16,420$15,807$14,046
5 years$14,599$13,902$13,240$12,612$12,017$10,331
6 years$12,044$11,352$10,700$10,086$9,508$7,901
7 years$10,219$9,533$8,892$8,292$7,733$6,204
8 years$8,852$8,172$7,541$6,956$6,415$4,964
9 years$7,788$7,115$6,495$5,925$5,402$4,028
10 years$6,938$6,271$5,662$5,108$4,603$3,303
11 years$6,243$5,583$4,985$4,445$3,959$2,732
12 years$5,664$5,011$4,424$3,899$3,431$2,274
13 years$5,175$4,529$3,953$3,442$2,992$1,903
14 years$4,756$4,116$3,552$3,056$2,622$1,600
15 years$4,393$3,760$3,207$2,725$2,309$1,350
16 years$4,076$3,450$2,907$2,440$2,041$1,142
17 years$3,796$3,177$2,645$2,192$1,809$969
18 years$3,548$2,936$2,415$1,976$1,609$823
19 years$3,326$2,721$2,211$1,785$1,434$701
20 years$3,127$2,529$2,029$1,617$1,281$598
21 years$2,947$2,355$1,866$1,467$1,146$510
22 years$2,783$2,199$1,720$1,334$1,027$436
23 years$2,634$2,056$1,588$1,215$922$373
24 years$2,497$1,927$1,469$1,108$829$319
25 years$2,372$1,808$1,360$1,012$746$273
26 years$2,256$1,699$1,262$925$672$234
27 years$2,150$1,599$1,172$847$606$201
28 years$2,050$1,507$1,089$776$547$172
29 years$1,958$1,422$1,014$712$494$148
30 years$1,873$1,343$944$653$446$127
31 years$1,793$1,269$880$600$403$109
32 years$1,718$1,201$821$551$365$94
33 years$1,648$1,137$767$507$330$80
34 years$1,582$1,078$716$466$299$69
35 years$1,520$1,022$670$429$271$59
36 years$1,461$970$627$395$245$51
37 years$1,406$922$586$364$222$44
38 years$1,354$876$549$336$202$38
39 years$1,305$833$515$310$183$32
40 years$1,258$792$482$286$166$28
41 years$1,213$754$452$264$150$24
42 years$1,171$718$424$243$136$21
43 years$1,131$684$398$224$124$18
44 years$1,093$652$374$207$112$15
45 years$1,057$622$351$191$102$13
46 years$1,022$593$330$177$93$11
47 years$989$566$310$163$84$10
48 years$957$541$291$151$76$8
49 years$927$516$273$140$69$7
50 years$898$493$257$129$63$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $920,000, adding $5,861 every year, while hoping to spend $54,122 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: 53/34/13 Blend
42$920,000$920,000$920,000$920,000
43$1,019,886$971,126$956,866$1,070,142
44$1,066,329$961,125$931,335$1,095,048
45$1,115,695$948,821$903,136$1,115,839
46$1,168,225$934,043$872,120$1,137,223
47$1,224,184$916,611$838,136$1,159,268
48$1,283,859$896,333$801,022$1,182,053
49$1,347,568$873,009$760,612$1,205,668
50$1,415,657$846,423$716,729$1,230,218
51$1,488,506$816,350$669,192$1,255,817
52$1,566,532$782,550$617,808$1,282,599
53$1,650,192$744,768$562,378$1,310,714
54$1,739,987$702,738$502,693$1,340,330
55$1,836,468$656,174$438,536$1,371,639
56$1,940,238$604,777$369,677$1,404,856
57$2,051,962$548,230$295,880$1,440,223
58$2,172,366$486,197$216,896$1,478,014
59$2,302,251$418,325$132,466$1,518,534
60$2,442,496$344,238$42,320$1,562,127
61$2,594,067$263,542$0$1,609,178
62$2,758,024$175,818$0$1,667,593
63$2,935,536$80,626$0$1,737,131
64$3,127,883$0$0$1,812,499
65$3,336,477$0$0$1,902,762
66$3,562,869$0$0$2,033,541
67$3,808,763$0$0$2,175,666
68$4,076,037$0$0$2,330,230
69$4,366,754$0$0$2,498,438
70$4,683,186$0$0$2,681,615
71$5,027,832$0$0$2,881,219
72$5,403,440$0$0$3,098,853
73$5,813,037$0$0$3,336,285
74$6,259,955$0$0$3,595,457
75$6,747,859$0$0$3,878,509
76$7,280,784$0$0$4,187,796
77$7,863,175$0$0$4,525,912
78$8,499,921$0$0$4,895,710
79$9,196,409$0$0$5,300,335
80$9,958,567$0$0$5,743,247
81$10,792,926$0$0$6,228,258
82$11,706,674$0$0$6,759,566
83$12,707,731$0$0$7,341,791
84$13,804,815$0$0$7,980,024
85$15,007,529$0$0$8,679,873
86$16,326,451$0$0$9,447,512
87$17,773,230$0$0$10,289,742
88$19,360,697$0$0$11,214,055
89$21,102,986$0$0$12,228,703
90$23,015,664$0$0$13,342,775
91$25,115,881$0$0$14,566,286
92$27,422,527$0$0$15,910,264
93$29,956,414$0$0$17,386,863
94$32,740,465$0$0$19,009,467
95$35,799,938$0$0$20,792,826
96$39,162,655$0$0$22,753,185
97$42,859,270$0$0$24,908,445
98$46,923,553$0$0$27,278,326
99$51,392,711$0$0$29,884,555
100$56,307,736$0$0$32,751,071