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

Use the below retirement simulation to view the chances of a successful retirement.
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%16.4%
1 years$90,011$89,209$88,427$87,664$86,918$84,645
2 years$44,560$43,730$42,926$42,146$41,390$39,115
3 years$29,412$28,578$27,776$27,003$26,259$24,054
4 years$21,839$21,008$20,214$19,454$18,728$16,610
5 years$17,296$16,470$15,687$14,943$14,237$12,211
6 years$14,269$13,449$12,677$11,950$11,265$9,334
7 years$12,108$11,295$10,535$9,825$9,162$7,325
8 years$10,487$9,682$8,934$8,242$7,600$5,857
9 years$9,228$8,430$7,695$7,020$6,401$4,750
10 years$8,220$7,430$6,709$6,051$5,454$3,893
11 years$7,397$6,615$5,906$5,267$4,690$3,217
12 years$6,711$5,937$5,242$4,619$4,065$2,677
13 years$6,131$5,365$4,683$4,078$3,544$2,239
14 years$5,635$4,877$4,208$3,620$3,107$1,881
15 years$5,205$4,455$3,799$3,229$2,736$1,585
16 years$4,829$4,088$3,444$2,891$2,418$1,340
17 years$4,498$3,765$3,134$2,597$2,144$1,136
18 years$4,204$3,479$2,861$2,341$1,906$965
19 years$3,941$3,224$2,619$2,115$1,699$821
20 years$3,705$2,996$2,404$1,916$1,518$699
21 years$3,491$2,790$2,211$1,739$1,358$597
22 years$3,297$2,605$2,038$1,581$1,217$509
23 years$3,121$2,436$1,882$1,440$1,093$435
24 years$2,959$2,283$1,740$1,313$982$372
25 years$2,810$2,142$1,612$1,199$884$319
26 years$2,673$2,013$1,495$1,096$796$273
27 years$2,547$1,895$1,388$1,004$718$234
28 years$2,429$1,785$1,290$919$648$200
29 years$2,320$1,684$1,201$843$585$172
30 years$2,219$1,591$1,119$774$528$147
31 years$2,124$1,504$1,043$711$478$126
32 years$2,035$1,423$973$653$432$108
33 years$1,952$1,347$908$601$391$93
34 years$1,874$1,277$849$553$354$80
35 years$1,800$1,211$794$509$321$69
36 years$1,731$1,150$742$469$291$59
37 years$1,666$1,092$695$432$263$51
38 years$1,604$1,038$651$398$239$43
39 years$1,546$987$610$367$217$37
40 years$1,490$939$571$338$196$32
41 years$1,438$894$536$312$178$27
42 years$1,388$851$503$288$162$24
43 years$1,340$811$472$266$147$20
44 years$1,295$773$443$246$133$17
45 years$1,252$737$416$227$121$15
46 years$1,211$703$390$210$110$13
47 years$1,172$671$367$194$100$11
48 years$1,134$641$345$179$91$9
49 years$1,098$612$324$165$82$8
50 years$1,064$584$305$153$75$7

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 $4,810 every year, while hoping to spend $52,659 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: 70/10/20 Blend
42$1,090,000$1,090,000$1,090,000$1,090,000
43$1,206,142$1,148,372$1,131,477$1,284,346
44$1,273,139$1,148,613$1,113,352$1,337,369
45$1,345,206$1,147,101$1,092,856$1,388,713
46$1,422,803$1,143,695$1,069,852$1,443,610
47$1,506,436$1,138,244$1,044,200$1,502,407
48$1,596,664$1,130,589$1,015,752$1,565,486
49$1,694,097$1,120,561$984,353$1,633,269
50$1,799,406$1,107,980$949,841$1,706,223
51$1,913,332$1,092,658$912,046$1,784,862
52$2,036,685$1,074,391$870,793$1,869,755
53$2,170,358$1,052,968$825,896$1,961,531
54$2,315,333$1,028,161$777,162$2,060,883
55$2,472,689$999,733$724,388$2,168,576
56$2,643,612$967,429$667,365$2,285,457
57$2,829,409$930,981$605,870$2,412,459
58$3,031,516$890,107$539,673$2,550,613
59$3,251,513$844,504$468,535$2,701,057
60$3,491,140$793,857$392,203$2,865,048
61$3,752,309$737,830$310,416$3,043,972
62$4,037,128$676,067$222,898$3,239,360
63$4,347,914$608,193$129,364$3,452,903
64$4,687,218$533,811$29,514$3,686,465
65$5,057,850$452,504$0$3,942,105
66$5,462,901$363,827$0$4,238,535
67$5,905,776$267,313$0$4,569,613
68$6,390,222$162,468$0$4,931,870
69$6,920,366$48,771$0$5,328,437
70$7,500,753$0$0$5,762,760
71$8,136,386$0$0$6,246,818
72$8,832,777$0$0$6,783,081
73$9,595,993$0$0$7,370,865
74$10,432,719$0$0$8,015,323
75$11,350,316$0$0$8,722,134
76$12,356,892$0$0$9,497,552
77$13,461,377$0$0$10,348,463
78$14,673,608$0$0$11,282,456
79$16,004,421$0$0$12,307,886
80$17,465,750$0$0$13,433,962
81$19,070,746$0$0$14,670,823
82$20,833,890$0$0$16,029,641
83$22,771,140$0$0$17,522,725
84$24,900,074$0$0$19,163,632
85$27,240,057$0$0$20,967,300
86$29,812,423$0$0$22,950,184
87$32,640,678$0$0$25,130,416
88$35,750,718$0$0$27,527,970
89$39,171,073$0$0$30,164,853
90$42,933,179$0$0$33,065,312
91$47,071,670$0$0$36,256,063
92$51,624,704$0$0$39,766,541
93$56,634,328$0$0$43,629,177
94$62,146,866$0$0$47,879,705
95$68,213,362$0$0$52,557,497
96$74,890,057$0$0$57,705,938
97$82,238,921$0$0$63,372,828
98$90,328,237$0$0$69,610,838
99$99,233,243$0$0$76,478,006
100$109,036,843$0$0$84,038,282