Can I retire at age 43 with 1,070,000?

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 $1,070,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$88,360$87,573$86,805$86,055$85,323$83,362
2 years$43,742$42,928$42,138$41,373$40,630$38,665
3 years$28,872$28,054$27,266$26,508$25,777$23,870
4 years$21,438$20,622$19,843$19,097$18,385$16,550
5 years$16,979$16,168$15,399$14,669$13,976$12,218
6 years$14,007$13,203$12,445$11,731$11,059$9,380
7 years$11,885$11,088$10,341$9,644$8,994$7,394
8 years$10,295$9,504$8,770$8,090$7,461$5,941
9 years$9,058$8,275$7,554$6,891$6,283$4,841
10 years$8,070$7,294$6,586$5,940$5,354$3,987
11 years$7,261$6,493$5,798$5,170$4,604$3,312
12 years$6,588$5,828$5,146$4,535$3,990$2,770
13 years$6,019$5,267$4,597$4,003$3,479$2,329
14 years$5,531$4,788$4,131$3,554$3,050$1,967
15 years$5,109$4,373$3,729$3,169$2,685$1,668
16 years$4,741$4,013$3,381$2,838$2,373$1,418
17 years$4,415$3,695$3,077$2,550$2,104$1,209
18 years$4,127$3,415$2,809$2,298$1,871$1,033
19 years$3,869$3,165$2,571$2,076$1,668$884
20 years$3,637$2,941$2,360$1,880$1,490$758
21 years$3,427$2,739$2,171$1,707$1,333$650
22 years$3,237$2,557$2,000$1,552$1,195$559
23 years$3,063$2,392$1,847$1,413$1,073$481
24 years$2,904$2,241$1,708$1,289$964$414
25 years$2,759$2,103$1,582$1,177$868$356
26 years$2,624$1,976$1,467$1,076$781$307
27 years$2,500$1,860$1,363$985$705$265
28 years$2,385$1,753$1,267$903$636$228
29 years$2,278$1,653$1,179$828$574$197
30 years$2,178$1,561$1,098$760$519$170
31 years$2,085$1,476$1,024$698$469$147
32 years$1,998$1,397$955$641$424$127
33 years$1,916$1,323$892$590$384$110
34 years$1,840$1,254$833$543$348$95
35 years$1,767$1,189$779$499$315$82
36 years$1,699$1,129$729$460$285$71
37 years$1,635$1,072$682$424$259$61
38 years$1,575$1,019$639$391$234$53
39 years$1,517$969$598$360$213$46
40 years$1,463$922$561$332$193$40
41 years$1,411$877$526$306$175$34
42 years$1,362$835$493$283$159$30
43 years$1,316$796$463$261$144$26
44 years$1,271$759$435$241$131$22
45 years$1,229$724$408$223$119$19
46 years$1,189$690$383$206$108$17
47 years$1,150$659$360$190$98$14
48 years$1,113$629$338$176$89$12
49 years$1,078$600$318$162$81$11
50 years$1,045$574$299$150$73$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,070,000, adding $6,194 every year, while hoping to spend $28,162 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: 63/24/13 Blend
42$1,070,000$1,070,000$1,070,000$1,070,000
43$1,185,529$1,128,819$1,112,234$1,256,178
44$1,276,489$1,154,167$1,119,530$1,329,611
45$1,375,783$1,179,813$1,126,126$1,405,966
46$1,484,231$1,205,742$1,131,970$1,488,648
47$1,602,737$1,231,938$1,137,005$1,578,274
48$1,732,294$1,258,381$1,141,173$1,675,521
49$1,873,998$1,285,051$1,144,412$1,781,136
50$2,029,053$1,311,926$1,146,657$1,895,941
51$2,198,787$1,338,981$1,147,840$2,020,842
52$2,384,661$1,366,189$1,147,891$2,156,838
53$2,588,284$1,393,521$1,146,733$2,305,028
54$2,811,430$1,420,944$1,144,289$2,466,625
55$3,056,049$1,448,423$1,140,476$2,642,964
56$3,324,292$1,475,922$1,135,208$2,835,516
57$3,618,526$1,503,398$1,128,394$3,045,903
58$3,941,359$1,530,808$1,119,938$3,275,911
59$4,295,664$1,558,104$1,109,743$3,527,511
60$4,684,606$1,585,235$1,097,703$3,802,871
61$5,111,669$1,612,145$1,083,709$4,104,383
62$5,580,693$1,638,774$1,067,648$4,434,682
63$6,095,908$1,665,059$1,049,399$4,796,674
64$6,661,974$1,690,930$1,028,837$5,193,558
65$7,284,024$1,716,313$1,005,831$5,628,863
66$7,967,712$1,741,130$980,244$6,106,476
67$8,719,269$1,765,296$951,932$6,630,682
68$9,545,558$1,788,720$920,746$7,206,204
69$10,454,142$1,811,304$886,528$7,838,246
70$11,453,352$1,832,946$849,115$8,532,544
71$12,552,368$1,853,534$808,334$9,295,420
72$13,761,303$1,872,950$764,006$10,133,843
73$15,091,299$1,891,068$715,944$11,055,492
74$16,554,635$1,907,754$663,951$12,068,829
75$18,164,838$1,922,865$607,824$13,183,184
76$19,936,814$1,936,247$547,348$14,408,838
77$21,886,984$1,947,738$482,299$15,757,121
78$24,033,445$1,957,166$412,445$17,240,523
79$26,396,136$1,964,346$337,541$18,872,806
80$28,997,026$1,969,084$257,333$20,669,141
81$31,860,324$1,971,171$171,556$22,646,247
82$35,012,706$1,970,386$79,931$24,822,551
83$38,483,563$1,966,496$0$27,218,361
84$42,305,284$1,959,252$0$29,858,535
85$46,513,556$1,948,389$0$32,777,259
86$51,147,706$1,933,628$0$35,990,666
87$56,251,068$1,914,670$0$39,528,766
88$61,871,390$1,891,203$0$43,424,629
89$68,061,291$1,862,891$0$47,714,702
90$74,878,750$1,829,380$0$52,439,150
91$82,387,660$1,790,297$0$57,642,234
92$90,658,424$1,745,244$0$63,372,732
93$99,768,623$1,693,801$0$69,684,402
94$109,803,748$1,635,522$0$76,636,483
95$120,858,005$1,569,938$0$84,294,260
96$133,035,207$1,496,551$0$92,729,680
97$146,449,748$1,414,832$0$102,022,031
98$161,227,689$1,324,225$0$112,258,689
99$177,507,941$1,224,140$0$123,535,948
100$195,443,583$1,113,954$0$135,959,925