Can I retire at age 43 with 950,000?

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 $950,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$78,450$77,751$77,070$76,404$75,754$74,255
2 years$38,837$38,113$37,412$36,733$36,073$34,569
3 years$25,634$24,908$24,208$23,535$22,887$21,424
4 years$19,034$18,310$17,617$16,956$16,323$14,914
5 years$15,075$14,355$13,672$13,024$12,408$11,057
6 years$12,436$11,722$11,049$10,415$9,818$8,526
7 years$10,552$9,844$9,182$8,563$7,985$6,751
8 years$9,140$8,438$7,787$7,183$6,624$5,449
9 years$8,042$7,347$6,707$6,118$5,579$4,462
10 years$7,165$6,476$5,847$5,274$4,753$3,693
11 years$6,447$5,765$5,148$4,590$4,088$3,083
12 years$5,849$5,175$4,568$4,026$3,543$2,592
13 years$5,344$4,676$4,082$3,554$3,089$2,191
14 years$4,911$4,251$3,667$3,155$2,708$1,861
15 years$4,536$3,883$3,311$2,814$2,384$1,586
16 years$4,209$3,563$3,002$2,520$2,107$1,357
17 years$3,920$3,281$2,732$2,264$1,868$1,163
18 years$3,664$3,032$2,494$2,040$1,661$1,000
19 years$3,435$2,810$2,283$1,843$1,481$861
20 years$3,229$2,611$2,095$1,670$1,323$742
21 years$3,043$2,432$1,927$1,515$1,184$641
22 years$2,874$2,270$1,776$1,378$1,061$554
23 years$2,720$2,123$1,640$1,255$952$480
24 years$2,579$1,989$1,517$1,144$856$415
25 years$2,449$1,867$1,405$1,045$770$360
26 years$2,330$1,755$1,303$956$694$312
27 years$2,220$1,651$1,210$875$626$271
28 years$2,117$1,556$1,125$801$564$235
29 years$2,022$1,468$1,047$735$510$204
30 years$1,934$1,386$975$674$461$178
31 years$1,851$1,311$909$619$416$154
32 years$1,774$1,240$848$569$377$134
33 years$1,701$1,174$792$523$341$117
34 years$1,633$1,113$740$482$309$102
35 years$1,569$1,056$692$443$280$88
36 years$1,509$1,002$647$408$253$77
37 years$1,452$952$606$376$230$67
38 years$1,398$904$567$347$208$58
39 years$1,347$860$531$320$189$51
40 years$1,299$818$498$295$171$44
41 years$1,253$779$467$272$155$38
42 years$1,209$742$438$251$141$33
43 years$1,168$707$411$232$128$29
44 years$1,129$674$386$214$116$25
45 years$1,091$642$362$198$105$22
46 years$1,055$613$340$183$96$19
47 years$1,021$585$320$169$87$17
48 years$989$558$300$156$79$15
49 years$957$533$282$144$72$13
50 years$928$509$265$133$65$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $950,000, adding $4,204 every year, while hoping to spend $20,162 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: 81/9/10 Blend
42$950,000$950,000$950,000$950,000
43$1,051,236$1,000,886$986,161$1,134,376
44$1,137,010$1,028,478$997,746$1,217,073
45$1,230,857$1,056,745$1,009,042$1,304,740
46$1,333,580$1,085,701$1,020,020$1,400,363
47$1,446,061$1,115,356$1,030,647$1,504,729
48$1,569,274$1,145,723$1,040,888$1,618,703
49$1,704,289$1,176,813$1,050,707$1,743,240
50$1,852,287$1,208,637$1,060,066$1,879,389
51$2,014,566$1,241,206$1,068,925$2,028,307
52$2,192,559$1,274,532$1,077,240$2,191,268
53$2,387,841$1,308,625$1,084,969$2,369,676
54$2,602,148$1,343,495$1,092,062$2,565,077
55$2,837,393$1,379,152$1,098,472$2,779,174
56$3,095,682$1,415,606$1,104,147$3,013,842
57$3,379,337$1,452,866$1,109,031$3,271,149
58$3,690,913$1,490,940$1,113,067$3,553,371
59$4,033,227$1,529,837$1,116,195$3,863,017
60$4,409,381$1,569,563$1,118,352$4,202,850
61$4,822,792$1,610,126$1,119,472$4,575,915
62$5,277,226$1,651,532$1,119,484$4,985,566
63$5,776,832$1,693,786$1,118,315$5,435,499
64$6,326,180$1,736,892$1,115,890$5,929,787
65$6,930,304$1,780,854$1,112,126$6,472,916
66$7,594,754$1,825,674$1,106,940$7,069,829
67$8,325,640$1,871,353$1,100,244$7,725,974
68$9,129,697$1,917,892$1,091,944$8,447,352
69$10,014,346$1,965,288$1,081,944$9,240,577
70$10,987,761$2,013,540$1,070,141$10,112,935
71$12,058,952$2,062,642$1,056,430$11,072,457
72$13,237,843$2,112,589$1,040,698$12,127,989
73$14,535,370$2,163,373$1,022,829$13,289,281
74$15,963,584$2,214,985$1,002,700$14,567,076
75$17,535,762$2,267,412$980,183$15,973,211
76$19,266,535$2,320,641$955,145$17,520,731
77$21,172,024$2,374,654$927,445$19,224,010
78$23,269,993$2,429,434$896,936$21,098,888
79$25,580,014$2,484,959$863,465$23,162,817
80$28,123,657$2,541,203$826,873$25,435,033
81$30,924,688$2,598,140$786,991$27,936,729
82$34,009,295$2,655,738$743,644$30,691,261
83$37,406,336$2,713,962$696,649$33,724,366
84$41,147,610$2,772,773$645,814$37,064,406
85$45,268,157$2,832,131$590,940$40,742,633
86$49,806,591$2,891,986$531,818$44,793,488
87$54,805,458$2,952,289$468,229$49,254,923
88$60,311,646$3,012,982$399,946$54,168,761
89$66,376,820$3,074,005$326,730$59,581,090
90$73,057,914$3,135,289$248,334$65,542,698
91$80,417,664$3,196,761$164,496$72,109,552
92$88,525,207$3,258,343$74,948$79,343,328
93$97,456,724$3,319,948$0$87,311,991
94$107,296,167$3,381,483$0$96,092,639
95$118,136,048$3,442,847$0$105,774,285
96$130,078,310$3,503,932$0$116,439,912
97$143,235,293$3,564,620$0$128,189,783
98$157,730,791$3,624,785$0$141,134,390
99$173,701,224$3,684,291$0$155,395,489
100$191,296,920$3,742,993$0$171,107,253