Can I retire at age 43 with 1,090,000?

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 $1,090,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$90,011$89,209$88,427$87,664$86,918$84,372
2 years$44,560$43,730$42,926$42,146$41,390$38,846
3 years$29,412$28,578$27,776$27,003$26,259$23,797
4 years$21,839$21,008$20,214$19,454$18,728$16,366
5 years$17,296$16,470$15,687$14,943$14,237$11,981
6 years$14,269$13,449$12,677$11,950$11,265$9,118
7 years$12,108$11,295$10,535$9,825$9,162$7,123
8 years$10,487$9,682$8,934$8,242$7,600$5,669
9 years$9,228$8,430$7,695$7,020$6,401$4,575
10 years$8,220$7,430$6,709$6,051$5,454$3,731
11 years$7,397$6,615$5,906$5,267$4,690$3,068
12 years$6,711$5,937$5,242$4,619$4,065$2,539
13 years$6,131$5,365$4,683$4,078$3,544$2,112
14 years$5,635$4,877$4,208$3,620$3,107$1,764
15 years$5,205$4,455$3,799$3,229$2,736$1,479
16 years$4,829$4,088$3,444$2,891$2,418$1,243
17 years$4,498$3,765$3,134$2,597$2,144$1,048
18 years$4,204$3,479$2,861$2,341$1,906$885
19 years$3,941$3,224$2,619$2,115$1,699$748
20 years$3,705$2,996$2,404$1,916$1,518$633
21 years$3,491$2,790$2,211$1,739$1,358$537
22 years$3,297$2,605$2,038$1,581$1,217$456
23 years$3,121$2,436$1,882$1,440$1,093$387
24 years$2,959$2,283$1,740$1,313$982$329
25 years$2,810$2,142$1,612$1,199$884$280
26 years$2,673$2,013$1,495$1,096$796$238
27 years$2,547$1,895$1,388$1,004$718$203
28 years$2,429$1,785$1,290$919$648$173
29 years$2,320$1,684$1,201$843$585$147
30 years$2,219$1,591$1,119$774$528$125
31 years$2,124$1,504$1,043$711$478$107
32 years$2,035$1,423$973$653$432$91
33 years$1,952$1,347$908$601$391$78
34 years$1,874$1,277$849$553$354$66
35 years$1,800$1,211$794$509$321$56
36 years$1,731$1,150$742$469$291$48
37 years$1,666$1,092$695$432$263$41
38 years$1,604$1,038$651$398$239$35
39 years$1,546$987$610$367$217$30
40 years$1,490$939$571$338$196$25
41 years$1,438$894$536$312$178$22
42 years$1,388$851$503$288$162$19
43 years$1,340$811$472$266$147$16
44 years$1,295$773$443$246$133$13
45 years$1,252$737$416$227$121$11
46 years$1,211$703$390$210$110$10
47 years$1,172$671$367$194$100$8
48 years$1,134$641$345$179$91$7
49 years$1,098$612$324$165$82$6
50 years$1,064$584$305$153$75$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,090,000, adding $6,560 every year, while hoping to spend $31,811 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: 81/8/11 Blend
42$1,090,000$1,090,000$1,090,000$1,090,000
43$1,207,947$1,150,177$1,133,282$1,302,987
44$1,297,311$1,172,689$1,137,400$1,388,776
45$1,394,723$1,195,238$1,140,590$1,478,080
46$1,500,973$1,217,792$1,142,787$1,575,162
47$1,616,925$1,240,316$1,143,924$1,680,785
48$1,743,534$1,262,775$1,143,928$1,795,790
49$1,881,850$1,285,127$1,142,725$1,921,102
50$2,033,030$1,307,329$1,140,238$2,057,741
51$2,198,346$1,329,335$1,136,382$2,206,829
52$2,379,199$1,351,094$1,131,073$2,369,604
53$2,577,133$1,372,553$1,124,220$2,547,429
54$2,793,847$1,393,654$1,115,727$2,741,805
55$3,031,211$1,414,336$1,105,496$2,954,385
56$3,291,287$1,434,531$1,093,423$3,186,991
57$3,576,345$1,454,169$1,079,398$3,441,632
58$3,888,882$1,473,173$1,063,308$3,720,519
59$4,231,652$1,491,463$1,045,033$4,026,088
60$4,607,687$1,508,951$1,024,449$4,361,025
61$5,020,327$1,525,545$1,001,423$4,728,288
62$5,473,249$1,541,146$975,820$5,131,137
63$5,970,506$1,555,648$947,495$5,573,164
64$6,516,562$1,568,938$916,300$6,058,326
65$7,116,332$1,580,897$882,078$6,590,986
66$7,775,234$1,591,398$844,664$7,175,947
67$8,499,235$1,600,303$803,887$7,818,507
68$9,294,909$1,607,469$759,568$8,524,500
69$10,169,496$1,612,742$711,521$9,300,357
70$11,130,977$1,615,959$659,549$10,153,164
71$12,188,140$1,616,944$603,447$11,090,730
72$13,350,671$1,615,515$543,004$12,121,659
73$14,629,239$1,611,476$477,994$13,255,434
74$16,035,601$1,604,617$408,186$14,502,506
75$17,582,708$1,594,719$333,336$15,874,388
76$19,284,832$1,581,548$253,190$17,383,773
77$21,157,695$1,564,854$167,483$19,044,643
78$23,218,624$1,544,376$75,938$20,872,411
79$25,486,708$1,519,834$0$22,884,061
80$27,982,979$1,490,933$0$25,100,860
81$30,730,613$1,457,359$0$27,550,560
82$33,755,147$1,418,781$0$30,247,003
83$37,084,719$1,374,849$0$33,215,278
84$40,750,334$1,325,190$0$36,483,027
85$44,786,155$1,269,411$0$40,080,715
86$49,229,827$1,207,096$0$44,041,907
87$54,122,832$1,137,806$0$48,403,594
88$59,510,877$1,061,075$0$53,206,536
89$65,444,330$976,411$0$58,495,652
90$71,978,690$883,294$0$64,320,437
91$79,175,114$781,173$0$70,735,435
92$87,100,994$669,469$0$77,800,752
93$95,830,589$547,567$0$85,582,623
94$105,445,729$414,818$0$94,154,035
95$116,036,587$270,538$0$103,595,421
96$127,702,528$114,002$0$113,995,414
97$140,553,046$0$0$125,451,689
98$154,708,800$0$0$138,076,770
99$170,302,750$0$0$151,995,630
100$187,481,413$0$0$167,329,018