Can I retire at age 43 with 1,140,000?

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 $1,140,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$94,140$93,302$92,483$91,685$90,905$87,402
2 years$46,604$45,736$44,895$44,079$43,288$39,801
3 years$30,761$29,889$29,050$28,242$27,464$24,101
4 years$22,841$21,972$21,141$20,347$19,587$16,376
5 years$18,090$17,226$16,406$15,628$14,890$11,838
6 years$14,924$14,066$13,259$12,498$11,782$8,891
7 years$12,663$11,813$11,018$10,275$9,582$6,851
8 years$10,968$10,126$9,344$8,620$7,949$5,376
9 years$9,651$8,816$8,048$7,342$6,694$4,275
10 years$8,597$7,771$7,017$6,329$5,704$3,434
11 years$7,736$6,918$6,177$5,508$4,906$2,780
12 years$7,019$6,209$5,482$4,831$4,251$2,264
13 years$6,413$5,612$4,898$4,265$3,707$1,853
14 years$5,893$5,101$4,401$3,786$3,250$1,522
15 years$5,444$4,660$3,973$3,377$2,861$1,255
16 years$5,051$4,275$3,602$3,023$2,529$1,037
17 years$4,704$3,937$3,278$2,717$2,242$858
18 years$4,397$3,638$2,992$2,448$1,994$712
19 years$4,122$3,372$2,739$2,212$1,777$591
20 years$3,874$3,133$2,514$2,004$1,587$491
21 years$3,651$2,918$2,313$1,818$1,420$409
22 years$3,448$2,724$2,131$1,653$1,273$341
23 years$3,264$2,548$1,968$1,506$1,143$284
24 years$3,094$2,387$1,820$1,373$1,027$237
25 years$2,939$2,240$1,686$1,254$924$197
26 years$2,796$2,106$1,563$1,147$833$165
27 years$2,664$1,982$1,452$1,050$751$138
28 years$2,541$1,867$1,350$962$677$115
29 years$2,427$1,762$1,256$882$612$96
30 years$2,321$1,664$1,170$809$553$80
31 years$2,221$1,573$1,091$743$500$67
32 years$2,129$1,488$1,018$683$452$56
33 years$2,042$1,409$950$628$409$47
34 years$1,960$1,336$888$578$370$39
35 years$1,883$1,267$830$532$335$33
36 years$1,811$1,202$776$490$304$27
37 years$1,742$1,142$727$451$275$23
38 years$1,678$1,085$681$416$250$19
39 years$1,616$1,032$638$384$226$16
40 years$1,559$982$598$354$205$13
41 years$1,504$935$560$327$186$11
42 years$1,451$890$526$301$169$9
43 years$1,402$848$493$278$153$8
44 years$1,354$808$463$257$139$7
45 years$1,309$771$435$237$126$5
46 years$1,267$735$408$219$115$5
47 years$1,226$702$384$202$104$4
48 years$1,186$670$360$187$95$3
49 years$1,149$640$339$173$86$3
50 years$1,113$611$319$160$78$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,140,000, adding $2,812 every year, while hoping to spend $46,962 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: 57/17/26 Blend
42$1,140,000$1,140,000$1,140,000$1,140,000
43$1,259,181$1,198,761$1,181,091$1,321,869
44$1,337,650$1,207,533$1,170,690$1,373,903
45$1,422,549$1,215,161$1,158,367$1,425,399
46$1,514,484$1,221,539$1,144,007$1,480,548
47$1,614,122$1,226,555$1,127,492$1,539,717
48$1,722,196$1,230,089$1,108,696$1,603,312
49$1,839,511$1,232,015$1,087,489$1,671,781
50$1,966,954$1,232,197$1,063,733$1,745,621
51$2,105,501$1,230,492$1,037,286$1,825,380
52$2,256,224$1,226,748$1,007,997$1,911,664
53$2,420,304$1,220,803$975,709$2,005,144
54$2,599,039$1,212,486$940,259$2,106,562
55$2,793,858$1,201,616$901,476$2,216,737
56$3,006,335$1,187,999$859,179$2,336,575
57$3,238,202$1,171,431$813,181$2,467,077
58$3,491,363$1,151,695$763,287$2,609,348
59$3,767,916$1,128,563$709,292$2,764,611
60$4,070,172$1,101,791$650,982$2,934,216
61$4,400,673$1,071,122$588,133$3,119,654
62$4,762,218$1,036,283$520,512$3,322,572
63$5,157,890$996,987$447,875$3,544,790
64$5,591,083$952,928$369,967$3,788,318
65$6,065,536$903,783$286,523$4,055,374
66$6,585,363$849,211$197,264$4,348,409
67$7,155,099$788,851$101,901$4,670,128
68$7,779,736$722,322$132$5,023,518
69$8,464,772$649,219$0$5,411,877
70$9,216,265$569,117$0$5,868,937
71$10,040,885$481,564$0$6,370,618
72$10,945,979$386,085$0$6,921,413
73$11,939,642$282,176$0$7,526,317
74$13,030,790$169,307$0$8,190,833
75$14,229,244$46,916$0$8,921,032
76$15,545,823$0$0$9,723,602
77$16,992,448$0$0$10,621,929
78$18,582,248$0$0$11,618,917
79$20,329,689$0$0$12,714,875
80$22,250,710$0$0$13,919,812
81$24,362,867$0$0$15,244,755
82$26,685,506$0$0$16,701,853
83$29,239,939$0$0$18,304,493
84$32,049,648$0$0$20,067,422
85$35,140,505$0$0$22,006,889
86$38,541,017$0$0$24,140,799
87$42,282,590$0$0$26,488,878
88$46,399,832$0$0$29,072,861
89$50,930,870$0$0$31,916,696
90$55,917,720$0$0$35,046,773
91$61,406,674$0$0$38,492,167
92$67,448,739$0$0$42,284,915
93$74,100,120$0$0$46,460,320
94$81,422,748$0$0$51,057,280
95$89,484,863$0$0$56,118,658
96$98,361,659$0$0$61,691,682
97$108,135,992$0$0$67,828,395
98$118,899,163$0$0$74,586,145
99$130,751,776$0$0$82,028,121
100$143,804,690$0$0$90,223,956