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%17.6%
1 years$93,314$92,483$91,672$90,881$90,108$87,328
2 years$46,195$45,335$44,501$43,693$42,908$40,132
3 years$30,491$29,627$28,795$27,994$27,223$24,537
4 years$22,640$21,779$20,955$20,168$19,416$16,841
5 years$17,931$17,075$16,262$15,491$14,759$12,303
6 years$14,793$13,943$13,142$12,388$11,679$9,343
7 years$12,552$11,709$10,921$10,185$9,498$7,282
8 years$10,872$10,037$9,262$8,544$7,879$5,782
9 years$9,566$8,739$7,978$7,278$6,636$4,655
10 years$8,522$7,703$6,955$6,273$5,654$3,786
11 years$7,668$6,858$6,123$5,460$4,862$3,105
12 years$6,957$6,155$5,434$4,789$4,214$2,563
13 years$6,356$5,562$4,855$4,228$3,674$2,126
14 years$5,842$5,056$4,362$3,753$3,221$1,771
15 years$5,396$4,619$3,938$3,347$2,836$1,481
16 years$5,006$4,238$3,571$2,997$2,506$1,241
17 years$4,663$3,903$3,249$2,693$2,222$1,043
18 years$4,358$3,606$2,966$2,427$1,976$878
19 years$4,085$3,342$2,715$2,193$1,761$740
20 years$3,841$3,106$2,492$1,986$1,573$625
21 years$3,619$2,893$2,292$1,802$1,408$528
22 years$3,418$2,700$2,113$1,639$1,262$447
23 years$3,235$2,526$1,951$1,492$1,133$378
24 years$3,067$2,366$1,804$1,361$1,018$321
25 years$2,913$2,221$1,671$1,243$916$272
26 years$2,771$2,087$1,550$1,137$825$230
27 years$2,640$1,964$1,439$1,040$744$196
28 years$2,519$1,851$1,338$953$671$166
29 years$2,405$1,746$1,245$874$606$141
30 years$2,300$1,649$1,160$802$548$120
31 years$2,202$1,559$1,081$737$495$102
32 years$2,110$1,475$1,009$677$448$86
33 years$2,024$1,397$942$623$405$73
34 years$1,943$1,324$880$573$367$62
35 years$1,866$1,256$823$527$332$53
36 years$1,795$1,192$770$486$301$45
37 years$1,727$1,132$720$448$273$38
38 years$1,663$1,076$675$413$248$33
39 years$1,602$1,023$632$380$224$28
40 years$1,545$973$592$351$204$23
41 years$1,490$926$555$324$185$20
42 years$1,439$882$521$299$168$17
43 years$1,389$841$489$276$152$14
44 years$1,343$801$459$255$138$12
45 years$1,298$764$431$235$125$10
46 years$1,255$729$405$217$114$9
47 years$1,215$696$380$201$103$8
48 years$1,176$664$357$185$94$6
49 years$1,139$634$336$171$85$5
50 years$1,103$606$316$158$77$5

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 $6,354 every year, while hoping to spend $59,208 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: 60/24/16 Blend
42$1,130,000$1,130,000$1,130,000$1,130,000
43$1,251,814$1,191,924$1,174,409$1,321,465
44$1,316,502$1,187,332$1,150,755$1,364,617
45$1,385,804$1,180,530$1,124,324$1,404,512
46$1,460,128$1,171,347$1,094,961$1,446,648
47$1,539,922$1,159,604$1,062,502$1,491,249
48$1,625,676$1,145,107$1,026,779$1,538,563
49$1,717,931$1,127,653$987,612$1,588,867
50$1,817,279$1,107,027$944,816$1,642,468
51$1,924,370$1,083,000$898,196$1,699,705
52$2,039,919$1,055,330$847,548$1,760,958
53$2,164,710$1,023,761$792,661$1,826,645
54$2,299,607$988,022$733,311$1,897,233
55$2,445,558$947,825$669,268$1,973,237
56$2,603,604$902,868$600,287$2,055,231
57$2,774,892$852,828$526,117$2,143,849
58$2,960,681$797,367$446,492$2,239,796
59$3,162,357$736,125$361,137$2,343,852
60$3,381,445$668,723$269,762$2,456,881
61$3,619,620$594,758$172,067$2,579,841
62$3,878,727$513,807$67,737$2,713,794
63$4,160,795$425,421$0$2,859,913
64$4,468,056$329,127$0$3,026,944
65$4,802,968$224,425$0$3,221,707
66$5,168,236$110,786$0$3,434,281
67$5,566,834$0$0$3,666,492
68$6,002,040$0$0$3,923,620
69$6,477,459$0$0$4,236,552
70$6,997,063$0$0$4,578,654
71$7,565,221$0$0$4,952,815
72$8,186,747$0$0$5,362,214
73$8,866,940$0$0$5,810,356
74$9,611,635$0$0$6,301,095
75$10,427,256$0$0$6,838,679
76$11,320,881$0$0$7,427,786
77$12,300,302$0$0$8,073,565
78$13,374,102$0$0$8,781,691
79$14,551,734$0$0$9,558,411
80$15,843,608$0$0$10,410,607
81$17,261,192$0$0$11,345,861
82$18,817,119$0$0$12,372,522
83$20,525,302$0$0$13,499,787
84$22,401,067$0$0$14,737,790
85$24,461,300$0$0$16,097,691
86$26,724,598$0$0$17,591,786
87$29,211,454$0$0$19,233,622
88$31,944,438$0$0$21,038,120
89$34,948,419$0$0$23,021,720
90$38,250,794$0$0$25,202,536
91$41,881,747$0$0$27,600,522
92$45,874,532$0$0$30,237,664
93$50,265,789$0$0$33,138,183
94$55,095,883$0$0$36,328,768
95$60,409,290$0$0$39,838,824
96$66,255,015$0$0$43,700,747
97$72,687,048$0$0$47,950,235
98$79,764,881$0$0$52,626,619
99$87,554,061$0$0$57,773,236
100$96,126,812$0$0$63,437,838