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

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 $1,100,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.2%
1 years$90,837$90,028$89,238$88,468$87,716$87,273
2 years$44,969$44,131$43,320$42,533$41,769$41,322
3 years$29,681$28,840$28,031$27,251$26,500$26,063
4 years$22,039$21,201$20,399$19,633$18,900$18,476
5 years$17,455$16,622$15,831$15,080$14,368$13,958
6 years$14,400$13,573$12,793$12,060$11,369$10,974
7 years$12,219$11,398$10,631$9,915$9,246$8,866
8 years$10,583$9,771$9,016$8,317$7,670$7,306
9 years$9,312$8,507$7,766$7,084$6,459$6,110
10 years$8,296$7,499$6,770$6,107$5,504$5,169
11 years$7,465$6,675$5,960$5,315$4,733$4,413
12 years$6,773$5,992$5,290$4,662$4,102$3,796
13 years$6,188$5,415$4,726$4,116$3,577$3,285
14 years$5,687$4,922$4,246$3,653$3,135$2,858
15 years$5,253$4,496$3,834$3,258$2,761$2,496
16 years$4,873$4,125$3,476$2,917$2,440$2,189
17 years$4,539$3,799$3,163$2,621$2,163$1,925
18 years$4,242$3,510$2,887$2,362$1,924$1,697
19 years$3,977$3,253$2,643$2,135$1,715$1,500
20 years$3,739$3,023$2,426$1,933$1,531$1,328
21 years$3,523$2,816$2,231$1,755$1,371$1,179
22 years$3,327$2,629$2,057$1,595$1,228$1,047
23 years$3,149$2,459$1,899$1,453$1,103$932
24 years$2,986$2,304$1,756$1,325$991$830
25 years$2,836$2,162$1,627$1,210$892$740
26 years$2,698$2,032$1,509$1,106$803$660
27 years$2,570$1,912$1,401$1,013$724$590
28 years$2,452$1,802$1,302$928$654$527
29 years$2,342$1,700$1,212$851$590$472
30 years$2,239$1,605$1,129$781$533$422
31 years$2,143$1,517$1,052$717$482$378
32 years$2,054$1,436$982$659$436$338
33 years$1,970$1,360$917$606$395$303
34 years$1,891$1,289$857$558$357$272
35 years$1,817$1,222$801$513$324$244
36 years$1,747$1,160$749$473$293$219
37 years$1,681$1,102$701$436$266$196
38 years$1,619$1,047$657$402$241$176
39 years$1,560$996$615$370$218$158
40 years$1,504$947$577$342$198$142
41 years$1,451$902$541$315$180$127
42 years$1,400$859$507$291$163$114
43 years$1,353$818$476$268$148$103
44 years$1,307$780$447$248$134$92
45 years$1,264$744$419$229$122$83
46 years$1,222$710$394$211$111$75
47 years$1,183$677$370$195$101$67
48 years$1,145$646$348$180$91$60
49 years$1,109$617$327$167$83$54
50 years$1,074$590$307$154$75$49

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 $2,906 every year, while hoping to spend $36,627 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: 24/46/30 Blend
42$1,100,000$1,100,000$1,100,000$1,100,000
43$1,215,198$1,156,898$1,139,848$1,232,883
44$1,300,177$1,174,615$1,139,062$1,266,059
45$1,392,596$1,191,972$1,137,022$1,298,316
46$1,493,177$1,208,914$1,133,647$1,332,119
47$1,602,710$1,225,380$1,128,854$1,367,622
48$1,722,068$1,241,306$1,122,552$1,404,997
49$1,852,211$1,256,622$1,114,650$1,444,438
50$1,994,196$1,271,255$1,105,049$1,486,156
51$2,149,183$1,285,127$1,093,648$1,530,390
52$2,318,455$1,298,153$1,080,341$1,577,406
53$2,503,419$1,310,244$1,065,013$1,627,497
54$2,705,626$1,321,304$1,047,550$1,680,992
55$2,926,785$1,331,233$1,027,828$1,738,256
56$3,168,775$1,339,922$1,005,718$1,799,693
57$3,433,667$1,347,255$981,087$1,865,755
58$3,723,741$1,353,110$953,793$1,936,942
59$4,041,508$1,357,357$923,690$2,013,809
60$4,389,731$1,359,858$890,623$2,096,973
61$4,771,458$1,360,465$854,433$2,187,119
62$5,190,040$1,359,021$814,950$2,285,006
63$5,649,173$1,355,362$772,000$2,391,477
64$6,152,924$1,349,310$725,397$2,507,467
65$6,705,775$1,340,679$674,951$2,634,009
66$7,312,663$1,329,271$620,461$2,772,254
67$7,979,024$1,314,875$561,716$2,923,471
68$8,710,850$1,297,269$498,498$3,089,071
69$9,514,737$1,276,215$430,578$3,270,612
70$10,397,955$1,251,465$357,717$3,469,825
71$11,368,512$1,222,752$279,666$3,688,620
72$12,435,229$1,189,796$196,165$3,929,115
73$13,607,827$1,152,300$106,940$4,193,653
74$14,897,011$1,109,949$11,709$4,484,826
75$16,314,580$1,062,411$0$4,805,503
76$17,873,530$1,009,332$0$5,187,637
77$19,588,182$950,341$0$5,611,824
78$21,474,311$885,042$0$6,078,295
79$23,549,303$813,021$0$6,591,444
80$25,832,308$733,835$0$7,156,123
81$28,344,431$647,021$0$7,777,690
82$31,108,923$552,085$0$8,462,054
83$34,151,404$448,508$0$9,215,740
84$37,500,103$335,741$0$10,045,948
85$41,186,126$213,204$0$10,960,625
86$45,243,744$80,284$0$11,968,537
87$49,710,723$0$0$13,079,360
88$54,628,676$0$0$14,335,995
89$60,043,455$0$0$15,764,562
90$66,005,586$0$0$17,337,781
91$72,570,740$0$0$19,070,373
92$79,800,268$0$0$20,978,559
93$87,761,767$0$0$23,080,215
94$96,529,728$0$0$25,395,039
95$106,186,234$0$0$27,944,734
96$116,821,733$0$0$30,753,220
97$128,535,894$0$0$33,846,852
98$141,438,548$0$0$37,254,674
99$155,650,721$0$0$41,008,690
100$171,305,776$0$0$45,144,168