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

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 $1,130,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$93,314$92,483$91,672$90,881$90,108$88,835
2 years$46,195$45,335$44,501$43,693$42,908$41,628
3 years$30,491$29,627$28,795$27,994$27,223$25,975
4 years$22,640$21,779$20,955$20,168$19,416$18,210
5 years$17,931$17,075$16,262$15,491$14,759$13,600
6 years$14,793$13,943$13,142$12,388$11,679$10,567
7 years$12,552$11,709$10,921$10,185$9,498$8,433
8 years$10,872$10,037$9,262$8,544$7,879$6,862
9 years$9,566$8,739$7,978$7,278$6,636$5,665
10 years$8,522$7,703$6,955$6,273$5,654$4,730
11 years$7,668$6,858$6,123$5,460$4,862$3,984
12 years$6,957$6,155$5,434$4,789$4,214$3,380
13 years$6,356$5,562$4,855$4,228$3,674$2,884
14 years$5,842$5,056$4,362$3,753$3,221$2,472
15 years$5,396$4,619$3,938$3,347$2,836$2,128
16 years$5,006$4,238$3,571$2,997$2,506$1,837
17 years$4,663$3,903$3,249$2,693$2,222$1,591
18 years$4,358$3,606$2,966$2,427$1,976$1,381
19 years$4,085$3,342$2,715$2,193$1,761$1,202
20 years$3,841$3,106$2,492$1,986$1,573$1,047
21 years$3,619$2,893$2,292$1,802$1,408$914
22 years$3,418$2,700$2,113$1,639$1,262$799
23 years$3,235$2,526$1,951$1,492$1,133$699
24 years$3,067$2,366$1,804$1,361$1,018$612
25 years$2,913$2,221$1,671$1,243$916$536
26 years$2,771$2,087$1,550$1,137$825$471
27 years$2,640$1,964$1,439$1,040$744$413
28 years$2,519$1,851$1,338$953$671$363
29 years$2,405$1,746$1,245$874$606$319
30 years$2,300$1,649$1,160$802$548$280
31 years$2,202$1,559$1,081$737$495$246
32 years$2,110$1,475$1,009$677$448$217
33 years$2,024$1,397$942$623$405$191
34 years$1,943$1,324$880$573$367$168
35 years$1,866$1,256$823$527$332$148
36 years$1,795$1,192$770$486$301$130
37 years$1,727$1,132$720$448$273$115
38 years$1,663$1,076$675$413$248$101
39 years$1,602$1,023$632$380$224$89
40 years$1,545$973$592$351$204$78
41 years$1,490$926$555$324$185$69
42 years$1,439$882$521$299$168$61
43 years$1,389$841$489$276$152$54
44 years$1,343$801$459$255$138$47
45 years$1,298$764$431$235$125$42
46 years$1,255$729$405$217$114$37
47 years$1,215$696$380$201$103$32
48 years$1,176$664$357$185$94$29
49 years$1,139$634$336$171$85$25
50 years$1,103$606$316$158$77$22

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 $3,660 every year, while hoping to spend $23,557 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: 49/40/11 Blend
42$1,130,000$1,130,000$1,130,000$1,130,000
43$1,249,035$1,189,145$1,171,630$1,306,340
44$1,351,372$1,222,349$1,185,815$1,379,257
45$1,463,358$1,256,390$1,199,686$1,455,646
46$1,585,953$1,291,285$1,213,207$1,538,083
47$1,720,211$1,327,049$1,226,341$1,627,142
48$1,867,298$1,363,700$1,239,049$1,723,452
49$2,028,493$1,401,252$1,251,288$1,827,708
50$2,205,209$1,439,723$1,263,016$1,940,674
51$2,398,999$1,479,127$1,274,185$2,063,190
52$2,611,574$1,519,482$1,284,747$2,196,182
53$2,844,820$1,560,802$1,294,652$2,340,668
54$3,100,813$1,603,103$1,303,844$2,497,771
55$3,381,841$1,646,400$1,312,268$2,668,724
56$3,690,423$1,690,708$1,319,864$2,854,889
57$4,029,335$1,736,042$1,326,568$3,057,763
58$4,401,635$1,782,415$1,332,316$3,278,996
59$4,810,691$1,829,842$1,337,037$3,520,404
60$5,260,212$1,878,336$1,340,659$3,783,988
61$5,754,289$1,927,909$1,343,105$4,071,954
62$6,297,423$1,978,574$1,344,296$4,386,728
63$6,894,577$2,030,341$1,344,147$4,730,985
64$7,551,218$2,083,221$1,342,570$5,107,671
65$8,273,368$2,137,225$1,339,472$5,520,033
66$9,067,663$2,192,361$1,334,756$5,971,646
67$9,941,414$2,248,636$1,328,320$6,466,450
68$10,902,676$2,306,057$1,320,056$7,008,785
69$11,960,325$2,364,630$1,309,855$7,603,433
70$13,124,140$2,424,358$1,297,596$8,255,664
71$14,404,896$2,485,245$1,283,159$8,971,283
72$15,814,465$2,547,292$1,266,415$9,756,687
73$17,365,928$2,610,497$1,247,227$10,618,924
74$19,073,700$2,674,859$1,225,457$11,565,759
75$20,953,663$2,740,372$1,200,955$12,605,752
76$23,023,316$2,807,030$1,173,567$13,748,331
77$25,301,945$2,874,825$1,143,131$15,003,888
78$27,810,796$2,943,744$1,109,479$16,383,871
79$30,573,284$3,013,774$1,072,434$17,900,899
80$33,615,208$3,084,898$1,031,809$19,568,873
81$36,964,997$3,157,096$987,412$21,403,116
82$40,653,977$3,230,344$939,041$23,420,509
83$44,716,668$3,304,616$886,484$25,639,658
84$49,191,106$3,379,880$829,519$28,081,064
85$54,119,207$3,456,103$767,916$30,767,320
86$59,547,159$3,533,244$701,434$33,723,322
87$65,525,857$3,611,261$629,820$36,976,507
88$72,111,386$3,690,105$552,811$40,557,108
89$79,365,549$3,769,721$470,132$44,498,445
90$87,356,449$3,850,052$381,495$48,837,235
91$96,159,132$3,931,030$286,601$53,613,939
92$105,856,298$4,012,584$185,136$58,873,148
93$116,539,075$4,094,636$76,773$64,664,001
94$128,307,887$4,177,100$0$71,040,648
95$141,273,396$4,259,882$0$78,067,328
96$155,557,547$4,342,880$0$85,815,154
97$171,294,720$4,425,985$0$94,347,624
98$188,633,000$4,509,076$0$103,744,648
99$207,735,570$4,592,025$0$114,094,289
100$228,782,255$4,674,692$0$125,493,589