Can I retire at age 43 with 930,000?

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 $930,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$76,799$76,114$75,447$74,796$74,160$73,202
2 years$38,019$37,311$36,625$35,959$35,314$34,351
3 years$25,094$24,383$23,699$23,040$22,405$21,466
4 years$18,633$17,924$17,247$16,599$15,979$15,072
5 years$14,757$14,053$13,384$12,749$12,147$11,274
6 years$12,175$11,475$10,816$10,196$9,612$8,773
7 years$10,330$9,637$8,988$8,383$7,817$7,014
8 years$8,948$8,261$7,623$7,032$6,485$5,717
9 years$7,873$7,192$6,566$5,990$5,461$4,728
10 years$7,014$6,340$5,724$5,163$4,653$3,955
11 years$6,311$5,644$5,039$4,493$4,002$3,337
12 years$5,726$5,066$4,472$3,941$3,468$2,836
13 years$5,231$4,578$3,996$3,480$3,024$2,425
14 years$4,808$4,161$3,590$3,089$2,651$2,083
15 years$4,441$3,801$3,241$2,755$2,334$1,797
16 years$4,120$3,488$2,939$2,467$2,063$1,555
17 years$3,838$3,212$2,674$2,216$1,829$1,349
18 years$3,587$2,968$2,441$1,997$1,626$1,174
19 years$3,362$2,751$2,235$1,805$1,450$1,023
20 years$3,161$2,556$2,051$1,634$1,295$894
21 years$2,979$2,381$1,887$1,483$1,159$782
22 years$2,813$2,222$1,739$1,349$1,039$685
23 years$2,662$2,079$1,605$1,228$932$601
24 years$2,524$1,948$1,485$1,120$838$527
25 years$2,398$1,828$1,375$1,023$754$463
26 years$2,281$1,718$1,275$935$679$407
27 years$2,173$1,617$1,184$856$612$358
28 years$2,073$1,523$1,101$785$553$315
29 years$1,980$1,437$1,025$719$499$278
30 years$1,893$1,357$954$660$451$245
31 years$1,812$1,283$890$606$408$216
32 years$1,736$1,214$830$557$369$190
33 years$1,665$1,150$775$512$334$168
34 years$1,599$1,090$724$472$302$148
35 years$1,536$1,033$677$434$274$131
36 years$1,477$981$633$400$248$115
37 years$1,421$932$593$368$225$102
38 years$1,369$885$555$339$204$90
39 years$1,319$842$520$313$185$79
40 years$1,271$801$488$289$168$70
41 years$1,227$762$457$266$152$62
42 years$1,184$726$429$246$138$55
43 years$1,144$692$402$227$125$48
44 years$1,105$659$378$210$114$43
45 years$1,068$629$355$194$103$38
46 years$1,033$600$333$179$94$33
47 years$1,000$573$313$165$85$30
48 years$968$547$294$153$77$26
49 years$937$522$276$141$70$23
50 years$908$499$260$130$64$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $930,000, adding $3,929 every year, while hoping to spend $21,647 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: 32/45/23 Blend
42$930,000$930,000$930,000$930,000
43$1,028,913$979,623$965,208$1,054,449
44$1,110,830$1,004,592$974,510$1,099,024
45$1,200,376$1,030,059$983,398$1,144,781
46$1,298,309$1,056,026$991,836$1,193,626
47$1,405,458$1,082,493$999,784$1,245,843
48$1,522,741$1,109,461$1,007,203$1,301,744
49$1,651,164$1,136,929$1,014,049$1,361,677
50$1,791,840$1,164,896$1,020,276$1,426,019
51$1,945,991$1,193,359$1,025,839$1,495,192
52$2,114,964$1,222,315$1,030,686$1,569,656
53$2,300,243$1,251,761$1,034,766$1,649,920
54$2,503,460$1,281,690$1,038,024$1,736,545
55$2,726,417$1,312,096$1,040,401$1,830,148
56$2,971,094$1,342,972$1,041,837$1,931,411
57$3,239,676$1,374,308$1,042,269$2,041,085
58$3,534,568$1,406,093$1,041,630$2,159,996
59$3,858,418$1,438,317$1,039,849$2,289,056
60$4,214,146$1,470,964$1,036,854$2,429,271
61$4,604,967$1,504,018$1,032,566$2,581,748
62$5,034,422$1,537,464$1,026,905$2,747,710
63$5,506,413$1,571,280$1,019,787$2,928,503
64$6,025,240$1,605,445$1,011,123$3,125,612
65$6,595,638$1,639,936$1,000,819$3,340,674
66$7,222,826$1,674,725$988,778$3,575,492
67$7,912,551$1,709,783$974,899$3,832,056
68$8,671,147$1,745,079$959,074$4,112,559
69$9,505,593$1,780,576$941,192$4,419,420
70$10,423,576$1,816,238$921,136$4,755,302
71$11,433,570$1,852,022$898,782$5,123,146
72$12,544,906$1,887,883$874,004$5,526,191
73$13,767,870$1,923,773$846,666$5,968,008
74$15,113,793$1,959,638$816,629$6,452,536
75$16,595,160$1,995,421$783,747$6,984,115
76$18,225,729$2,031,059$747,865$7,567,531
77$20,020,659$2,066,486$708,824$8,208,060
78$21,996,653$2,101,631$666,456$8,911,520
79$24,172,115$2,136,415$620,587$9,684,321
80$26,567,327$2,170,755$571,032$10,533,533
81$29,204,634$2,204,562$517,601$11,466,949
82$32,108,661$2,237,739$460,095$12,493,160
83$35,306,541$2,270,185$398,305$13,621,636
84$38,828,173$2,301,789$332,013$14,862,816
85$42,706,503$2,332,433$260,992$16,228,210
86$46,977,835$2,361,991$185,004$17,730,504
87$51,682,173$2,390,328$103,801$19,383,683
88$56,863,602$2,417,301$17,125$21,203,163
89$62,570,696$2,442,755$0$23,205,937
90$68,856,984$2,466,528$0$25,429,235
91$75,781,452$2,488,443$0$27,880,895
92$83,409,099$2,508,316$0$30,579,543
93$91,811,552$2,525,948$0$33,550,343
94$101,067,738$2,541,127$0$36,821,029
95$111,264,635$2,553,630$0$40,422,165
96$122,498,086$2,563,217$0$44,387,436
97$134,873,711$2,569,634$0$48,753,967
98$148,507,894$2,572,611$0$53,562,673
99$163,528,892$2,571,862$0$58,858,645
100$180,078,038$2,567,081$0$64,691,579