Can I retire at age 43 with 1,130,000?

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 $1,130,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$93,314$92,483$91,672$90,881$90,108$89,093
2 years$46,195$45,335$44,501$43,693$42,908$41,887
3 years$30,491$29,627$28,795$27,994$27,223$26,226
4 years$22,640$21,779$20,955$20,168$19,416$18,451
5 years$17,931$17,075$16,262$15,491$14,759$13,830
6 years$14,793$13,943$13,142$12,388$11,679$10,786
7 years$12,552$11,709$10,921$10,185$9,498$8,642
8 years$10,872$10,037$9,262$8,544$7,879$7,061
9 years$9,566$8,739$7,978$7,278$6,636$5,853
10 years$8,522$7,703$6,955$6,273$5,654$4,908
11 years$7,668$6,858$6,123$5,460$4,862$4,152
12 years$6,957$6,155$5,434$4,789$4,214$3,538
13 years$6,356$5,562$4,855$4,228$3,674$3,032
14 years$5,842$5,056$4,362$3,753$3,221$2,612
15 years$5,396$4,619$3,938$3,347$2,836$2,259
16 years$5,006$4,238$3,571$2,997$2,506$1,960
17 years$4,663$3,903$3,249$2,693$2,222$1,706
18 years$4,358$3,606$2,966$2,427$1,976$1,488
19 years$4,085$3,342$2,715$2,193$1,761$1,301
20 years$3,841$3,106$2,492$1,986$1,573$1,140
21 years$3,619$2,893$2,292$1,802$1,408$1,000
22 years$3,418$2,700$2,113$1,639$1,262$879
23 years$3,235$2,526$1,951$1,492$1,133$773
24 years$3,067$2,366$1,804$1,361$1,018$681
25 years$2,913$2,221$1,671$1,243$916$600
26 years$2,771$2,087$1,550$1,137$825$529
27 years$2,640$1,964$1,439$1,040$744$467
28 years$2,519$1,851$1,338$953$671$412
29 years$2,405$1,746$1,245$874$606$364
30 years$2,300$1,649$1,160$802$548$322
31 years$2,202$1,559$1,081$737$495$285
32 years$2,110$1,475$1,009$677$448$252
33 years$2,024$1,397$942$623$405$223
34 years$1,943$1,324$880$573$367$198
35 years$1,866$1,256$823$527$332$175
36 years$1,795$1,192$770$486$301$155
37 years$1,727$1,132$720$448$273$137
38 years$1,663$1,076$675$413$248$122
39 years$1,602$1,023$632$380$224$108
40 years$1,545$973$592$351$204$96
41 years$1,490$926$555$324$185$85
42 years$1,439$882$521$299$168$75
43 years$1,389$841$489$276$152$67
44 years$1,343$801$459$255$138$59
45 years$1,298$764$431$235$125$52
46 years$1,255$729$405$217$114$46
47 years$1,215$696$380$201$103$41
48 years$1,176$664$357$185$94$37
49 years$1,139$634$336$171$85$32
50 years$1,103$606$316$158$77$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,130,000, adding $2,851 every year, while hoping to spend $28,653 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: 52/20/28 Blend
42$1,130,000$1,130,000$1,130,000$1,130,000
43$1,248,201$1,188,311$1,170,796$1,303,169
44$1,345,031$1,216,051$1,179,531$1,369,418
45$1,450,777$1,244,191$1,187,598$1,438,323
46$1,566,319$1,272,719$1,194,945$1,512,716
47$1,692,624$1,301,623$1,201,517$1,593,133
48$1,830,758$1,330,889$1,207,254$1,680,166
49$1,981,895$1,360,502$1,212,097$1,774,466
50$2,147,327$1,390,445$1,215,980$1,876,752
51$2,328,476$1,420,699$1,218,837$1,987,815
52$2,526,909$1,451,241$1,220,597$2,108,528
53$2,744,351$1,482,049$1,221,184$2,239,854
54$2,982,703$1,513,098$1,220,522$2,382,853
55$3,244,057$1,544,358$1,218,528$2,538,695
56$3,530,718$1,575,799$1,215,116$2,708,670
57$3,845,226$1,607,388$1,210,197$2,894,200
58$4,190,376$1,639,087$1,203,676$3,096,852
59$4,569,249$1,670,857$1,195,454$3,318,355
60$4,985,238$1,702,655$1,185,427$3,560,613
61$5,442,081$1,734,433$1,173,487$3,825,728
62$5,943,894$1,766,141$1,159,520$4,116,015
63$6,495,214$1,797,725$1,143,407$4,434,028
64$7,101,038$1,829,125$1,125,022$4,782,582
65$7,766,869$1,860,279$1,104,237$5,164,780
66$8,498,774$1,891,116$1,080,913$5,584,044
67$9,303,433$1,921,565$1,054,907$6,044,146
68$10,188,208$1,951,546$1,026,071$6,549,244
69$11,161,208$1,980,975$994,247$7,103,923
70$12,231,369$2,009,760$959,272$7,713,237
71$13,408,535$2,037,805$920,975$8,382,757
72$14,703,554$2,065,006$879,176$9,118,625
73$16,128,376$2,091,251$833,687$9,927,614
74$17,696,169$2,116,421$784,315$10,817,186
75$19,421,442$2,140,389$730,853$11,795,570
76$21,320,182$2,163,021$673,089$12,871,837
77$23,410,002$2,184,170$610,799$14,055,986
78$25,710,311$2,203,684$543,750$15,359,040
79$28,242,495$2,221,397$471,698$16,793,147
80$31,030,118$2,237,134$394,389$18,371,702
81$34,099,146$2,250,710$311,557$20,109,468
82$37,478,190$2,261,925$222,925$22,022,719
83$41,198,775$2,270,569$128,203$24,129,391
84$45,295,641$2,276,418$27,088$26,449,258
85$49,807,067$2,279,233$0$29,004,115
86$54,775,234$2,278,761$0$31,842,129
87$60,246,621$2,274,733$0$34,975,840
88$66,272,444$2,266,864$0$38,426,436
89$72,909,143$2,254,850$0$42,226,193
90$80,218,908$2,238,370$0$46,410,681
91$88,270,270$2,217,083$0$51,019,098
92$97,138,745$2,190,627$0$56,094,643
93$106,907,549$2,158,620$0$61,684,919
94$117,668,381$2,120,654$0$67,842,388
95$129,522,291$2,076,301$0$74,624,864
96$142,580,629$2,025,104$0$82,096,059
97$156,966,100$1,966,581$0$90,326,185
98$172,813,919$1,900,222$0$99,392,618
99$190,273,091$1,825,484$0$109,380,629
100$209,507,811$1,741,798$0$120,384,187