Can I retire at age 43 with 1,100,000?

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 $1,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.4%
1 years$90,837$90,028$89,238$88,468$87,716$86,121
2 years$44,969$44,131$43,320$42,533$41,769$40,168
3 years$29,681$28,840$28,031$27,251$26,500$24,943
4 years$22,039$21,201$20,399$19,633$18,900$17,398
5 years$17,455$16,622$15,831$15,080$14,368$12,926
6 years$14,400$13,573$12,793$12,060$11,369$9,988
7 years$12,219$11,398$10,631$9,915$9,246$7,927
8 years$10,583$9,771$9,016$8,317$7,670$6,413
9 years$9,312$8,507$7,766$7,084$6,459$5,264
10 years$8,296$7,499$6,770$6,107$5,504$4,368
11 years$7,465$6,675$5,960$5,315$4,733$3,656
12 years$6,773$5,992$5,290$4,662$4,102$3,081
13 years$6,188$5,415$4,726$4,116$3,577$2,612
14 years$5,687$4,922$4,246$3,653$3,135$2,224
15 years$5,253$4,496$3,834$3,258$2,761$1,901
16 years$4,873$4,125$3,476$2,917$2,440$1,630
17 years$4,539$3,799$3,163$2,621$2,163$1,402
18 years$4,242$3,510$2,887$2,362$1,924$1,208
19 years$3,977$3,253$2,643$2,135$1,715$1,043
20 years$3,739$3,023$2,426$1,933$1,531$903
21 years$3,523$2,816$2,231$1,755$1,371$782
22 years$3,327$2,629$2,057$1,595$1,228$678
23 years$3,149$2,459$1,899$1,453$1,103$589
24 years$2,986$2,304$1,756$1,325$991$511
25 years$2,836$2,162$1,627$1,210$892$445
26 years$2,698$2,032$1,509$1,106$803$387
27 years$2,570$1,912$1,401$1,013$724$337
28 years$2,452$1,802$1,302$928$654$294
29 years$2,342$1,700$1,212$851$590$256
30 years$2,239$1,605$1,129$781$533$223
31 years$2,143$1,517$1,052$717$482$195
32 years$2,054$1,436$982$659$436$170
33 years$1,970$1,360$917$606$395$148
34 years$1,891$1,289$857$558$357$129
35 years$1,817$1,222$801$513$324$113
36 years$1,747$1,160$749$473$293$99
37 years$1,681$1,102$701$436$266$86
38 years$1,619$1,047$657$402$241$75
39 years$1,560$996$615$370$218$66
40 years$1,504$947$577$342$198$57
41 years$1,451$902$541$315$180$50
42 years$1,400$859$507$291$163$44
43 years$1,353$818$476$268$148$38
44 years$1,307$780$447$248$134$33
45 years$1,264$744$419$229$122$29
46 years$1,222$710$394$211$111$26
47 years$1,183$677$370$195$101$22
48 years$1,145$646$348$180$91$19
49 years$1,109$617$327$167$83$17
50 years$1,074$590$307$154$75$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,100,000, adding $4,636 every year, while hoping to spend $51,522 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: 43/34/23 Blend
42$1,100,000$1,100,000$1,100,000$1,100,000
43$1,216,982$1,158,682$1,141,632$1,260,980
44$1,286,295$1,160,638$1,125,058$1,294,649
45$1,360,951$1,160,964$1,106,201$1,325,777
46$1,441,442$1,159,524$1,084,932$1,358,471
47$1,528,304$1,156,177$1,061,113$1,392,901
48$1,622,132$1,150,770$1,034,601$1,429,261
49$1,723,575$1,143,143$1,005,246$1,467,766
50$1,833,349$1,133,126$972,891$1,508,657
51$1,952,240$1,120,539$937,372$1,552,204
52$2,081,112$1,105,189$898,517$1,598,708
53$2,220,916$1,086,874$856,148$1,648,503
54$2,372,697$1,065,378$810,077$1,701,963
55$2,537,605$1,040,475$760,108$1,759,508
56$2,716,906$1,011,923$706,036$1,821,600
57$2,911,989$979,466$647,647$1,888,758
58$3,124,386$942,834$584,718$1,961,557
59$3,355,783$901,742$517,015$2,040,639
60$3,608,032$855,887$444,294$2,126,717
61$3,883,174$804,948$366,301$2,220,582
62$4,183,455$748,588$282,769$2,323,115
63$4,511,347$686,449$193,422$2,435,295
64$4,869,571$618,151$97,968$2,558,207
65$5,261,124$543,297$0$2,693,056
66$5,689,302$461,462$0$2,842,137
67$6,157,738$372,201$0$3,031,695
68$6,670,431$275,043$0$3,239,390
69$7,231,784$169,488$0$3,467,129
70$7,846,644$55,012$0$3,717,023
71$8,520,354$0$0$3,991,402
72$9,258,792$0$0$4,318,637
73$10,068,435$0$0$4,700,130
74$10,956,418$0$0$5,118,676
75$11,930,596$0$0$5,577,996
76$12,999,624$0$0$6,082,190
77$14,173,034$0$0$6,635,771
78$15,461,327$0$0$7,243,713
79$16,876,069$0$0$7,911,495
80$18,430,002$0$0$8,645,151
81$20,137,162$0$0$9,451,331
82$22,013,013$0$0$10,337,359
83$24,074,588$0$0$11,311,305
84$26,340,656$0$0$12,382,059
85$28,831,893$0$0$13,559,415
86$31,571,077$0$0$14,854,165
87$34,583,306$0$0$16,278,197
88$37,896,229$0$0$17,844,611
89$41,540,311$0$0$19,567,839
90$45,549,117$0$0$21,463,784
91$49,959,630$0$0$23,549,966
92$54,812,598$0$0$25,845,690
93$60,152,916$0$0$28,372,227
94$66,030,053$0$0$31,153,015
95$72,498,518$0$0$34,213,878
96$79,618,367$0$0$37,583,272
97$87,455,779$0$0$41,292,550
98$96,083,672$0$0$45,376,262
99$105,582,393$0$0$49,872,476
100$116,040,476$0$0$54,823,142