Can I retire at age 43 with 1,150,000?

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 $1,150,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$94,966$94,120$93,295$92,489$91,703$91,163
2 years$47,013$46,137$45,289$44,466$43,668$43,123
3 years$31,031$30,151$29,305$28,490$27,705$27,172
4 years$23,041$22,164$21,326$20,525$19,759$19,243
5 years$18,248$17,377$16,550$15,765$15,021$14,522
6 years$15,055$14,190$13,375$12,608$11,885$11,405
7 years$12,774$11,916$11,115$10,365$9,666$9,204
8 years$11,064$10,215$9,426$8,695$8,019$7,576
9 years$9,735$8,894$8,119$7,407$6,753$6,328
10 years$8,673$7,839$7,078$6,384$5,754$5,348
11 years$7,804$6,979$6,231$5,556$4,949$4,560
12 years$7,081$6,264$5,530$4,874$4,288$3,918
13 years$6,469$5,661$4,941$4,303$3,739$3,386
14 years$5,945$5,145$4,439$3,820$3,278$2,942
15 years$5,491$4,700$4,008$3,406$2,886$2,566
16 years$5,095$4,313$3,634$3,050$2,551$2,247
17 years$4,745$3,972$3,307$2,740$2,262$1,973
18 years$4,435$3,670$3,019$2,470$2,011$1,738
19 years$4,158$3,401$2,763$2,232$1,792$1,533
20 years$3,908$3,161$2,536$2,021$1,601$1,356
21 years$3,683$2,944$2,333$1,834$1,433$1,201
22 years$3,479$2,748$2,150$1,668$1,284$1,066
23 years$3,292$2,570$1,985$1,519$1,153$947
24 years$3,122$2,408$1,836$1,385$1,036$842
25 years$2,965$2,260$1,700$1,265$932$750
26 years$2,820$2,124$1,577$1,157$840$668
27 years$2,687$1,999$1,464$1,059$757$596
28 years$2,563$1,884$1,361$970$683$532
29 years$2,448$1,777$1,267$890$617$475
30 years$2,341$1,678$1,180$816$557$424
31 years$2,241$1,586$1,100$750$504$379
32 years$2,147$1,501$1,026$689$456$339
33 years$2,059$1,422$958$634$413$303
34 years$1,977$1,347$895$583$374$272
35 years$1,900$1,278$837$537$338$243
36 years$1,826$1,213$783$494$307$218
37 years$1,758$1,152$733$455$278$195
38 years$1,692$1,095$686$420$252$175
39 years$1,631$1,041$643$387$228$157
40 years$1,572$990$603$357$207$140
41 years$1,517$943$565$329$188$126
42 years$1,464$898$530$304$171$113
43 years$1,414$856$498$281$155$101
44 years$1,366$816$467$259$141$91
45 years$1,321$778$439$239$128$81
46 years$1,278$742$412$221$116$73
47 years$1,236$708$387$204$105$65
48 years$1,197$676$364$189$96$59
49 years$1,159$645$342$174$87$53
50 years$1,123$617$321$161$79$47

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,150,000, adding $5,276 every year, while hoping to spend $43,573 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: 48/47/5 Blend
42$1,150,000$1,150,000$1,150,000$1,150,000
43$1,272,742$1,211,792$1,193,967$1,331,977
44$1,356,201$1,224,809$1,187,604$1,386,028
45$1,446,711$1,237,003$1,179,567$1,439,609
46$1,544,948$1,248,288$1,169,754$1,496,740
47$1,651,650$1,258,572$1,158,059$1,557,762
48$1,767,634$1,267,757$1,144,369$1,623,052
49$1,893,795$1,275,739$1,128,568$1,693,026
50$2,031,119$1,282,407$1,110,531$1,768,146
51$2,180,690$1,287,643$1,090,132$1,848,920
52$2,343,704$1,291,320$1,067,234$1,935,911
53$2,521,473$1,293,306$1,041,698$2,029,742
54$2,715,444$1,293,459$1,013,376$2,131,099
55$2,927,209$1,291,628$982,113$2,240,742
56$3,158,520$1,287,654$947,750$2,359,512
57$3,411,305$1,281,365$910,116$2,488,337
58$3,687,689$1,272,583$869,036$2,628,241
59$3,990,010$1,261,116$824,325$2,780,359
60$4,320,842$1,246,762$775,791$2,945,942
61$4,683,021$1,229,306$723,232$3,126,374
62$5,079,667$1,208,520$666,439$3,323,184
63$5,514,219$1,184,163$605,190$3,538,059
64$5,990,463$1,155,981$539,258$3,772,865
65$6,512,568$1,123,701$468,401$4,029,661
66$7,085,127$1,087,040$392,369$4,310,724
67$7,713,197$1,045,692$310,901$4,618,566
68$8,402,350$999,338$223,723$4,955,961
69$9,158,723$947,639$130,551$5,325,975
70$9,989,075$890,235$31,087$5,731,990
71$10,900,852$826,748$0$6,177,742
72$11,902,256$756,776$0$6,671,360
73$13,002,323$679,895$0$7,215,424
74$14,211,008$595,657$0$7,813,316
75$15,539,275$503,589$0$8,470,605
76$16,999,205$403,189$0$9,193,435
77$18,604,109$293,930$0$9,988,583
78$20,368,649$175,254$0$10,863,533
79$22,308,980$46,570$0$11,826,537
80$24,442,901$0$0$12,886,706
81$26,790,022$0$0$14,102,052
82$29,371,948$0$0$15,465,621
83$32,212,485$0$0$16,965,916
84$35,337,861$0$0$18,616,809
85$38,776,977$0$0$20,433,585
86$42,561,674$0$0$22,433,085
87$46,727,038$0$0$24,633,865
88$51,311,727$0$0$27,056,372
89$56,358,337$0$0$29,723,135
90$61,913,806$0$0$32,658,978
91$68,029,851$0$0$35,891,256
92$74,763,459$0$0$39,450,110
93$82,177,423$0$0$43,368,752
94$90,340,937$0$0$47,683,780
95$99,330,243$0$0$52,435,521
96$109,229,357$0$0$57,668,410
97$120,130,854$0$0$63,431,415
98$132,136,747$0$0$69,778,493
99$145,359,447$0$0$76,769,100
100$159,922,821$0$0$84,468,756