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

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 $1,110,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$91,663$90,846$90,050$89,272$88,513$87,479
2 years$45,378$44,532$43,713$42,919$42,149$41,109
3 years$29,951$29,102$28,285$27,499$26,741$25,726
4 years$22,240$21,393$20,585$19,811$19,072$18,091
5 years$17,614$16,773$15,974$15,217$14,498$13,553
6 years$14,531$13,696$12,910$12,169$11,472$10,564
7 years$12,330$11,502$10,728$10,005$9,330$8,460
8 years$10,680$9,859$9,098$8,393$7,740$6,908
9 years$9,397$8,584$7,836$7,149$6,518$5,723
10 years$8,371$7,567$6,832$6,162$5,554$4,796
11 years$7,533$6,736$6,015$5,363$4,776$4,054
12 years$6,834$6,046$5,338$4,704$4,139$3,452
13 years$6,244$5,464$4,769$4,153$3,609$2,957
14 years$5,738$4,966$4,285$3,687$3,164$2,545
15 years$5,300$4,537$3,869$3,288$2,786$2,200
16 years$4,918$4,163$3,508$2,944$2,462$1,908
17 years$4,580$3,834$3,192$2,645$2,183$1,659
18 years$4,281$3,542$2,914$2,384$1,941$1,446
19 years$4,013$3,283$2,667$2,154$1,730$1,264
20 years$3,773$3,051$2,448$1,951$1,545$1,106
21 years$3,555$2,842$2,252$1,770$1,383$970
22 years$3,358$2,653$2,075$1,610$1,240$851
23 years$3,178$2,481$1,916$1,466$1,113$748
24 years$3,013$2,324$1,772$1,337$1,000$658
25 years$2,862$2,181$1,641$1,221$900$580
26 years$2,722$2,050$1,522$1,117$811$511
27 years$2,593$1,929$1,414$1,022$731$451
28 years$2,474$1,818$1,314$936$660$398
29 years$2,363$1,715$1,223$859$596$351
30 years$2,259$1,620$1,139$788$538$310
31 years$2,163$1,531$1,062$724$486$274
32 years$2,073$1,449$991$665$440$242
33 years$1,988$1,372$925$612$398$214
34 years$1,908$1,300$864$563$361$190
35 years$1,833$1,233$808$518$327$168
36 years$1,763$1,171$756$477$296$148
37 years$1,696$1,112$708$440$268$131
38 years$1,633$1,057$663$405$243$116
39 years$1,574$1,005$621$374$220$103
40 years$1,518$956$582$345$200$91
41 years$1,464$910$546$318$181$81
42 years$1,413$867$512$293$165$72
43 years$1,365$826$480$271$149$63
44 years$1,319$787$451$250$136$56
45 years$1,275$751$423$231$123$50
46 years$1,233$716$398$213$112$44
47 years$1,193$683$373$197$102$39
48 years$1,155$652$351$182$92$35
49 years$1,119$623$330$168$84$31
50 years$1,084$595$310$156$76$27

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 $3,731 every year, while hoping to spend $44,379 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: 55/21/24 Blend
42$1,110,000$1,110,000$1,110,000$1,110,000
43$1,227,069$1,168,239$1,151,034$1,286,293
44$1,305,011$1,178,263$1,142,374$1,337,396
45$1,389,415$1,187,292$1,131,937$1,388,064
46$1,480,895$1,195,229$1,119,617$1,442,317
47$1,580,123$1,201,972$1,105,301$1,500,511
48$1,687,840$1,207,413$1,088,873$1,563,044
49$1,804,861$1,211,437$1,070,211$1,630,353
50$1,932,080$1,213,921$1,049,186$1,702,922
51$2,070,484$1,214,735$1,025,666$1,781,287
52$2,221,158$1,213,741$999,510$1,866,042
53$2,385,294$1,210,792$970,572$1,957,839
54$2,564,205$1,205,732$938,697$2,057,402
55$2,759,337$1,198,396$903,727$2,165,533
56$2,972,281$1,188,609$865,493$2,283,114
57$3,204,787$1,176,184$823,820$2,411,123
58$3,458,782$1,160,924$778,525$2,550,639
59$3,736,389$1,142,620$729,417$2,702,854
60$4,039,943$1,121,051$676,295$2,869,087
61$4,372,017$1,095,982$618,950$3,050,792
62$4,735,442$1,067,165$557,164$3,249,578
63$5,133,337$1,034,336$490,709$3,467,220
64$5,569,136$997,217$419,347$3,705,680
65$6,046,621$955,514$342,828$3,967,123
66$6,569,957$908,914$260,893$4,253,941
67$7,143,730$857,088$173,270$4,568,773
68$7,772,992$799,688$79,677$4,914,535
69$8,463,308$736,343$0$5,294,445
70$9,220,807$666,666$0$5,717,230
71$10,052,239$590,242$0$6,203,748
72$10,965,041$506,638$0$6,737,983
73$11,967,405$415,392$0$7,324,799
74$13,068,353$316,019$0$7,969,558
75$14,277,826$208,005$0$8,678,171
76$15,606,775$90,809$0$9,457,155
77$17,067,265$0$0$10,313,695
78$18,672,585$0$0$11,264,064
79$20,437,378$0$0$12,332,024
80$22,377,777$0$0$13,506,364
81$24,511,553$0$0$14,797,857
82$26,858,288$0$0$16,218,367
83$29,439,557$0$0$17,780,971
84$32,279,130$0$0$19,500,072
85$35,403,197$0$0$21,391,543
86$38,840,613$0$0$23,472,872
87$42,623,174$0$0$25,763,326
88$46,785,913$0$0$28,284,139
89$51,367,428$0$0$31,058,702
90$56,410,253$0$0$34,112,792
91$61,961,251$0$0$37,474,812
92$68,072,061$0$0$41,176,058
93$74,799,583$0$0$45,251,013
94$82,206,514$0$0$49,737,675
95$90,361,938$0$0$54,677,916
96$99,341,983$0$0$60,117,871
97$109,230,530$0$0$66,108,381
98$120,120,013$0$0$72,705,465
99$132,112,284$0$0$79,970,853
100$145,319,578$0$0$87,972,568