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%11.9%
1 years$88,360$87,573$86,805$86,055$85,323$84,644
2 years$43,742$42,928$42,138$41,373$40,630$39,945
3 years$28,872$28,054$27,266$26,508$25,777$25,108
4 years$21,438$20,622$19,843$19,097$18,385$17,736
5 years$16,979$16,168$15,399$14,669$13,976$13,350
6 years$14,007$13,203$12,445$11,731$11,059$10,457
7 years$11,885$11,088$10,341$9,644$8,994$8,416
8 years$10,295$9,504$8,770$8,090$7,461$6,907
9 years$9,058$8,275$7,554$6,891$6,283$5,753
10 years$8,070$7,294$6,586$5,940$5,354$4,847
11 years$7,261$6,493$5,798$5,170$4,604$4,120
12 years$6,588$5,828$5,146$4,535$3,990$3,529
13 years$6,019$5,267$4,597$4,003$3,479$3,040
14 years$5,531$4,788$4,131$3,554$3,050$2,632
15 years$5,109$4,373$3,729$3,169$2,685$2,289
16 years$4,741$4,013$3,381$2,838$2,373$1,997
17 years$4,415$3,695$3,077$2,550$2,104$1,748
18 years$4,127$3,415$2,809$2,298$1,871$1,534
19 years$3,869$3,165$2,571$2,076$1,668$1,349
20 years$3,637$2,941$2,360$1,880$1,490$1,188
21 years$3,427$2,739$2,171$1,707$1,333$1,049
22 years$3,237$2,557$2,000$1,552$1,195$927
23 years$3,063$2,392$1,847$1,413$1,073$820
24 years$2,904$2,241$1,708$1,289$964$727
25 years$2,759$2,103$1,582$1,177$868$645
26 years$2,624$1,976$1,467$1,076$781$572
27 years$2,500$1,860$1,363$985$705$508
28 years$2,385$1,753$1,267$903$636$452
29 years$2,278$1,653$1,179$828$574$402
30 years$2,178$1,561$1,098$760$519$358
31 years$2,085$1,476$1,024$698$469$318
32 years$1,998$1,397$955$641$424$284
33 years$1,916$1,323$892$590$384$253
34 years$1,840$1,254$833$543$348$225
35 years$1,767$1,189$779$499$315$201
36 years$1,699$1,129$729$460$285$179
37 years$1,635$1,072$682$424$259$160
38 years$1,575$1,019$639$391$234$142
39 years$1,517$969$598$360$213$127
40 years$1,463$922$561$332$193$113
41 years$1,411$877$526$306$175$101
42 years$1,362$835$493$283$159$90
43 years$1,316$796$463$261$144$81
44 years$1,271$759$435$241$131$72
45 years$1,229$724$408$223$119$64
46 years$1,189$690$383$206$108$57
47 years$1,150$659$360$190$98$51
48 years$1,113$629$338$176$89$46
49 years$1,078$600$318$162$81$41
50 years$1,045$574$299$150$73$37

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 $5,743 every year, while hoping to spend $36,003 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: 43/32/25 Blend
42$1,070,000$1,070,000$1,070,000$1,070,000
43$1,185,064$1,128,354$1,111,769$1,227,171
44$1,267,634$1,145,336$1,110,706$1,274,728
45$1,357,419$1,161,944$1,108,401$1,322,335
46$1,455,117$1,178,121$1,104,775$1,373,208
47$1,561,497$1,193,807$1,099,742$1,427,669
48$1,677,403$1,208,937$1,093,217$1,486,075
49$1,803,766$1,223,443$1,085,107$1,548,820
50$1,941,608$1,237,250$1,075,317$1,616,339
51$2,092,057$1,250,280$1,063,745$1,689,114
52$2,256,353$1,262,449$1,050,286$1,767,676
53$2,435,860$1,273,668$1,034,830$1,852,615
54$2,632,081$1,283,842$1,017,261$1,944,581
55$2,846,672$1,292,869$997,458$2,044,292
56$3,081,454$1,300,641$975,294$2,152,543
57$3,338,433$1,307,043$950,637$2,270,213
58$3,619,818$1,311,953$923,348$2,398,270
59$3,928,042$1,315,241$893,282$2,537,786
60$4,265,783$1,316,768$860,288$2,689,946
61$4,635,991$1,316,388$824,206$2,856,058
62$5,041,916$1,313,946$784,871$3,037,565
63$5,487,137$1,309,274$742,110$3,236,064
64$5,975,595$1,302,199$695,740$3,453,317
65$6,511,632$1,292,533$645,574$3,691,270
66$7,100,031$1,280,079$591,413$3,952,071
67$7,746,059$1,264,628$533,050$4,238,094
68$8,455,519$1,245,957$470,269$4,551,957
69$9,234,804$1,223,831$402,846$4,896,554
70$10,090,956$1,198,000$330,543$5,275,076
71$11,031,733$1,168,202$253,115$5,691,048
72$12,065,681$1,134,155$170,306$6,148,360
73$13,202,217$1,095,565$81,848$6,651,304
74$14,451,713$1,052,117$0$7,204,620
75$15,825,598$1,003,481$0$7,816,884
76$17,336,463$949,306$0$8,514,036
77$18,998,181$889,221$0$9,280,669
78$20,826,037$822,834$0$10,123,892
79$22,836,870$749,730$0$11,051,546
80$25,049,235$669,471$0$12,072,275
81$27,483,576$581,594$0$13,195,612
82$30,162,418$485,610$0$14,432,064
83$33,110,581$381,001$0$15,793,219
84$36,355,412$267,222$0$17,291,850
85$39,927,043$143,695$0$18,942,044
86$43,858,678$9,813$0$20,759,327
87$48,186,900$0$0$22,760,818
88$52,952,022$0$0$25,012,954
89$58,198,463$0$0$27,496,548
90$63,975,169$0$0$30,231,335
91$70,336,073$0$0$33,242,869
92$77,340,606$0$0$36,559,309
93$85,054,255$0$0$40,211,686
94$93,549,180$0$0$44,234,189
95$102,904,899$0$0$48,664,497
96$113,209,032$0$0$53,544,126
97$124,558,134$0$0$58,918,826
98$137,058,600$0$0$64,839,012
99$150,827,673$0$0$71,360,236
100$165,994,548$0$0$78,543,716