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%18.8%
1 years$94,140$93,302$92,483$91,685$90,905$87,680
2 years$46,604$45,736$44,895$44,079$43,288$40,073
3 years$30,761$29,889$29,050$28,242$27,464$24,360
4 years$22,841$21,972$21,141$20,347$19,587$16,619
5 years$18,090$17,226$16,406$15,628$14,890$12,064
6 years$14,924$14,066$13,259$12,498$11,782$9,101
7 years$12,663$11,813$11,018$10,275$9,582$7,045
8 years$10,968$10,126$9,344$8,620$7,949$5,555
9 years$9,651$8,816$8,048$7,342$6,694$4,439
10 years$8,597$7,771$7,017$6,329$5,704$3,584
11 years$7,736$6,918$6,177$5,508$4,906$2,916
12 years$7,019$6,209$5,482$4,831$4,251$2,388
13 years$6,413$5,612$4,898$4,265$3,707$1,965
14 years$5,893$5,101$4,401$3,786$3,250$1,623
15 years$5,444$4,660$3,973$3,377$2,861$1,346
16 years$5,051$4,275$3,602$3,023$2,529$1,118
17 years$4,704$3,937$3,278$2,717$2,242$931
18 years$4,397$3,638$2,992$2,448$1,994$777
19 years$4,122$3,372$2,739$2,212$1,777$649
20 years$3,874$3,133$2,514$2,004$1,587$543
21 years$3,651$2,918$2,313$1,818$1,420$455
22 years$3,448$2,724$2,131$1,653$1,273$381
23 years$3,264$2,548$1,968$1,506$1,143$320
24 years$3,094$2,387$1,820$1,373$1,027$268
25 years$2,939$2,240$1,686$1,254$924$225
26 years$2,796$2,106$1,563$1,147$833$189
27 years$2,664$1,982$1,452$1,050$751$159
28 years$2,541$1,867$1,350$962$677$134
29 years$2,427$1,762$1,256$882$612$112
30 years$2,321$1,664$1,170$809$553$94
31 years$2,221$1,573$1,091$743$500$79
32 years$2,129$1,488$1,018$683$452$67
33 years$2,042$1,409$950$628$409$56
34 years$1,960$1,336$888$578$370$47
35 years$1,883$1,267$830$532$335$40
36 years$1,811$1,202$776$490$304$33
37 years$1,742$1,142$727$451$275$28
38 years$1,678$1,085$681$416$250$24
39 years$1,616$1,032$638$384$226$20
40 years$1,559$982$598$354$205$17
41 years$1,504$935$560$327$186$14
42 years$1,451$890$526$301$169$12
43 years$1,402$848$493$278$153$10
44 years$1,354$808$463$257$139$8
45 years$1,309$771$435$237$126$7
46 years$1,267$735$408$219$115$6
47 years$1,226$702$384$202$104$5
48 years$1,186$670$360$187$95$4
49 years$1,149$640$339$173$86$4
50 years$1,113$611$319$160$78$3

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 $5,135 every year, while hoping to spend $48,757 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: 40/50/10 Blend
42$1,140,000$1,140,000$1,140,000$1,140,000
43$1,261,577$1,201,157$1,183,487$1,308,059
44$1,338,381$1,208,136$1,171,256$1,348,236
45$1,421,384$1,213,824$1,156,982$1,386,444
46$1,511,169$1,218,104$1,140,544$1,426,683
47$1,608,372$1,220,856$1,121,817$1,469,158
48$1,713,697$1,221,949$1,100,669$1,514,096
49$1,827,915$1,221,246$1,076,963$1,561,751
50$1,951,876$1,218,599$1,050,554$1,612,407
51$2,086,511$1,213,855$1,021,292$1,666,377
52$2,232,850$1,206,848$989,019$1,724,011
53$2,392,020$1,197,404$953,571$1,785,700
54$2,565,266$1,185,336$914,775$1,851,876
55$2,753,954$1,170,449$872,452$1,923,021
56$2,959,590$1,152,534$826,411$1,999,668
57$3,183,830$1,131,369$776,458$2,082,412
58$3,428,497$1,106,723$722,385$2,171,914
59$3,695,597$1,078,346$663,979$2,268,905
60$3,987,340$1,045,976$601,014$2,374,198
61$4,306,156$1,009,336$533,255$2,488,696
62$4,654,722$968,133$460,458$2,613,399
63$5,035,987$922,054$382,366$2,749,418
64$5,453,195$870,772$298,713$2,897,982
65$5,909,919$813,938$209,218$3,060,456
66$6,410,095$751,185$113,591$3,238,352
67$6,958,056$682,125$11,528$3,433,345
68$7,558,574$606,345$0$3,647,290
69$8,216,905$523,413$0$3,892,633
70$8,938,838$432,868$0$4,163,247
71$9,730,748$334,227$0$4,460,457
72$10,599,657$226,977$0$4,787,088
73$11,553,300$110,577$0$5,146,267
74$12,600,198$0$0$5,541,451
75$13,749,737$0$0$5,985,011
76$15,012,254$0$0$6,539,138
77$16,399,140$0$0$7,148,012
78$17,922,940$0$0$7,817,161
79$19,597,478$0$0$8,552,674
80$21,437,979$0$0$9,361,261
81$23,461,221$0$0$10,250,315
82$25,685,685$0$0$11,227,980
83$28,131,735$0$0$12,303,229
84$30,821,804$0$0$13,485,949
85$33,780,610$0$0$14,787,031
86$37,035,386$0$0$16,218,477
87$40,616,138$0$0$17,793,511
88$44,555,925$0$0$19,526,701
89$48,891,175$0$0$21,434,103
90$53,662,022$0$0$23,533,402
91$58,912,689$0$0$25,844,091
92$64,691,905$0$0$28,387,644
93$71,053,359$0$0$31,187,723
94$78,056,213$0$0$34,270,404
95$85,765,653$0$0$37,664,417
96$94,253,509$0$0$41,401,420
97$103,598,928$0$0$45,516,297
98$113,889,125$0$0$50,047,487
99$125,220,199$0$0$55,037,347
100$137,698,046$0$0$60,532,551