Can I retire at age 43 with 1,110,000?

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 $1,110,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$91,663$90,846$90,050$89,272$88,513$86,094
2 years$45,378$44,532$43,713$42,919$42,149$39,730
3 years$29,951$29,102$28,285$27,499$26,741$24,397
4 years$22,240$21,393$20,585$19,811$19,072$16,821
5 years$17,614$16,773$15,974$15,217$14,498$12,347
6 years$14,531$13,696$12,910$12,169$11,472$9,422
7 years$12,330$11,502$10,728$10,005$9,330$7,382
8 years$10,680$9,859$9,098$8,393$7,740$5,892
9 years$9,397$8,584$7,836$7,149$6,518$4,769
10 years$8,371$7,567$6,832$6,162$5,554$3,902
11 years$7,533$6,736$6,015$5,363$4,776$3,218
12 years$6,834$6,046$5,338$4,704$4,139$2,672
13 years$6,244$5,464$4,769$4,153$3,609$2,230
14 years$5,738$4,966$4,285$3,687$3,164$1,870
15 years$5,300$4,537$3,869$3,288$2,786$1,573
16 years$4,918$4,163$3,508$2,944$2,462$1,327
17 years$4,580$3,834$3,192$2,645$2,183$1,122
18 years$4,281$3,542$2,914$2,384$1,941$951
19 years$4,013$3,283$2,667$2,154$1,730$807
20 years$3,773$3,051$2,448$1,951$1,545$686
21 years$3,555$2,842$2,252$1,770$1,383$584
22 years$3,358$2,653$2,075$1,610$1,240$498
23 years$3,178$2,481$1,916$1,466$1,113$424
24 years$3,013$2,324$1,772$1,337$1,000$362
25 years$2,862$2,181$1,641$1,221$900$309
26 years$2,722$2,050$1,522$1,117$811$264
27 years$2,593$1,929$1,414$1,022$731$226
28 years$2,474$1,818$1,314$936$660$193
29 years$2,363$1,715$1,223$859$596$165
30 years$2,259$1,620$1,139$788$538$141
31 years$2,163$1,531$1,062$724$486$121
32 years$2,073$1,449$991$665$440$103
33 years$1,988$1,372$925$612$398$89
34 years$1,908$1,300$864$563$361$76
35 years$1,833$1,233$808$518$327$65
36 years$1,763$1,171$756$477$296$56
37 years$1,696$1,112$708$440$268$48
38 years$1,633$1,057$663$405$243$41
39 years$1,574$1,005$621$374$220$35
40 years$1,518$956$582$345$200$30
41 years$1,464$910$546$318$181$26
42 years$1,413$867$512$293$165$22
43 years$1,365$826$480$271$149$19
44 years$1,319$787$451$250$136$16
45 years$1,275$751$423$231$123$14
46 years$1,233$716$398$213$112$12
47 years$1,193$683$373$197$102$10
48 years$1,155$652$351$182$92$9
49 years$1,119$623$330$168$84$7
50 years$1,084$595$310$156$76$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,110,000, adding $6,247 every year, while hoping to spend $52,279 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: 31/39/30 Blend
42$1,110,000$1,110,000$1,110,000$1,110,000
43$1,229,664$1,170,834$1,153,629$1,256,368
44$1,299,465$1,172,580$1,136,651$1,279,437
45$1,374,634$1,172,660$1,117,352$1,299,272
46$1,455,663$1,170,936$1,095,599$1,319,613
47$1,543,092$1,167,264$1,071,254$1,340,543
48$1,637,516$1,161,489$1,044,169$1,362,157
49$1,739,588$1,153,447$1,014,194$1,384,563
50$1,850,025$1,142,965$981,169$1,407,887
51$1,969,616$1,129,858$944,926$1,432,271
52$2,099,228$1,113,933$905,293$1,457,878
53$2,239,815$1,094,981$862,086$1,484,893
54$2,392,426$1,072,785$815,116$1,513,524
55$2,558,213$1,047,112$764,182$1,544,011
56$2,738,447$1,017,716$709,078$1,576,621
57$2,934,522$984,338$649,586$1,611,658
58$3,147,974$946,701$585,478$1,649,463
59$3,380,494$904,516$516,518$1,690,421
60$3,633,941$857,474$442,458$1,734,965
61$3,910,361$805,249$363,038$1,783,581
62$4,212,008$747,496$277,990$1,836,813
63$4,541,361$683,850$187,030$1,895,273
64$4,901,148$613,928$89,865$1,959,644
65$5,294,377$537,322$0$2,030,690
66$5,724,353$453,601$0$2,113,694
67$6,194,721$362,311$0$2,236,169
68$6,709,491$262,972$0$2,370,493
69$7,273,078$155,077$0$2,517,966
70$7,890,347$38,091$0$2,680,029
71$8,566,653$0$0$2,858,279
72$9,307,894$0$0$3,092,490
73$10,120,566$0$0$3,367,366
74$11,011,824$0$0$3,669,001
75$11,989,547$0$0$4,000,086
76$13,062,415$0$0$4,363,582
77$14,239,989$0$0$4,762,753
78$15,532,799$0$0$5,201,192
79$16,952,447$0$0$5,682,861
80$18,511,710$0$0$6,212,121
81$20,224,667$0$0$6,793,778
82$22,106,825$0$0$7,433,126
83$24,175,270$0$0$8,136,000
84$26,448,823$0$0$8,908,824
85$28,948,220$0$0$9,758,680
86$31,696,306$0$0$10,693,367
87$34,718,252$0$0$11,721,480
88$38,041,787$0$0$12,852,488
89$41,697,464$0$0$14,096,825
90$45,718,945$0$0$15,465,986
91$50,143,321$0$0$16,972,637
92$55,011,455$0$0$18,630,733
93$60,368,375$0$0$20,455,652
94$66,263,693$0$0$22,464,338
95$72,752,071$0$0$24,675,459
96$79,893,743$0$0$27,109,586
97$87,755,075$0$0$29,789,388
98$96,409,197$0$0$32,739,839
99$105,936,687$0$0$35,988,463
100$116,426,334$0$0$39,565,585