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%12.1%
1 years$94,966$94,120$93,295$92,489$91,703$90,896
2 years$47,013$46,137$45,289$44,466$43,668$42,855
3 years$31,031$30,151$29,305$28,490$27,705$26,911
4 years$23,041$22,164$21,326$20,525$19,759$18,991
5 years$18,248$17,377$16,550$15,765$15,021$14,280
6 years$15,055$14,190$13,375$12,608$11,885$11,173
7 years$12,774$11,916$11,115$10,365$9,666$8,982
8 years$11,064$10,215$9,426$8,695$8,019$7,363
9 years$9,735$8,894$8,119$7,407$6,753$6,126
10 years$8,673$7,839$7,078$6,384$5,754$5,155
11 years$7,804$6,979$6,231$5,556$4,949$4,377
12 years$7,081$6,264$5,530$4,874$4,288$3,744
13 years$6,469$5,661$4,941$4,303$3,739$3,221
14 years$5,945$5,145$4,439$3,820$3,278$2,785
15 years$5,491$4,700$4,008$3,406$2,886$2,419
16 years$5,095$4,313$3,634$3,050$2,551$2,108
17 years$4,745$3,972$3,307$2,740$2,262$1,842
18 years$4,435$3,670$3,019$2,470$2,011$1,614
19 years$4,158$3,401$2,763$2,232$1,792$1,417
20 years$3,908$3,161$2,536$2,021$1,601$1,247
21 years$3,683$2,944$2,333$1,834$1,433$1,099
22 years$3,479$2,748$2,150$1,668$1,284$970
23 years$3,292$2,570$1,985$1,519$1,153$857
24 years$3,122$2,408$1,836$1,385$1,036$758
25 years$2,965$2,260$1,700$1,265$932$671
26 years$2,820$2,124$1,577$1,157$840$595
27 years$2,687$1,999$1,464$1,059$757$528
28 years$2,563$1,884$1,361$970$683$468
29 years$2,448$1,777$1,267$890$617$416
30 years$2,341$1,678$1,180$816$557$369
31 years$2,241$1,586$1,100$750$504$328
32 years$2,147$1,501$1,026$689$456$292
33 years$2,059$1,422$958$634$413$260
34 years$1,977$1,347$895$583$374$231
35 years$1,900$1,278$837$537$338$206
36 years$1,826$1,213$783$494$307$183
37 years$1,758$1,152$733$455$278$163
38 years$1,692$1,095$686$420$252$145
39 years$1,631$1,041$643$387$228$129
40 years$1,572$990$603$357$207$115
41 years$1,517$943$565$329$188$103
42 years$1,464$898$530$304$171$92
43 years$1,414$856$498$281$155$82
44 years$1,366$816$467$259$141$73
45 years$1,321$778$439$239$128$65
46 years$1,278$742$412$221$116$58
47 years$1,236$708$387$204$105$52
48 years$1,197$676$364$189$96$46
49 years$1,159$645$342$174$87$41
50 years$1,123$617$321$161$79$37

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 $4,096 every year, while hoping to spend $21,084 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: 77/16/7 Blend
42$1,150,000$1,150,000$1,150,000$1,150,000
43$1,271,525$1,210,575$1,192,750$1,368,037
44$1,378,787$1,247,460$1,210,274$1,468,878
45$1,496,284$1,285,446$1,227,678$1,576,275
46$1,625,036$1,324,564$1,244,937$1,693,406
47$1,766,169$1,364,847$1,262,021$1,821,226
48$1,920,922$1,406,328$1,278,903$1,960,793
49$2,090,660$1,449,042$1,295,550$2,113,267
50$2,276,886$1,493,024$1,311,930$2,279,927
51$2,481,256$1,538,309$1,328,007$2,462,182
52$2,705,593$1,584,936$1,343,745$2,661,584
53$2,951,908$1,632,942$1,359,104$2,879,840
54$3,222,412$1,682,366$1,374,044$3,118,833
55$3,519,544$1,733,248$1,388,520$3,380,634
56$3,845,990$1,785,629$1,402,488$3,667,527
57$4,204,708$1,839,552$1,415,898$3,982,025
58$4,598,957$1,895,059$1,428,700$4,326,898
59$5,032,329$1,952,195$1,440,840$4,705,196
60$5,508,780$2,011,006$1,452,261$5,120,281
61$6,032,669$2,071,538$1,462,904$5,575,853
62$6,608,796$2,133,839$1,472,707$6,075,993
63$7,242,454$2,197,957$1,481,603$6,625,191
64$7,939,470$2,263,944$1,489,523$7,228,399
65$8,706,269$2,331,849$1,496,395$7,891,069
66$9,549,926$2,401,727$1,502,141$8,619,210
67$10,478,237$2,473,631$1,506,682$9,419,440
68$11,499,794$2,547,616$1,509,933$10,299,053
69$12,624,063$2,623,739$1,511,806$11,266,084
70$13,861,473$2,702,057$1,512,206$12,329,386
71$15,223,515$2,782,630$1,511,038$13,498,713
72$16,722,854$2,865,519$1,508,197$14,784,813
73$18,373,441$2,950,785$1,503,578$16,199,528
74$20,190,650$3,038,493$1,497,066$17,755,907
75$22,191,424$3,128,706$1,488,545$19,468,327
76$24,394,428$3,221,492$1,477,890$21,352,631
77$26,820,232$3,316,917$1,464,972$23,426,273
78$29,491,502$3,415,052$1,449,655$25,708,490
79$32,433,213$3,515,967$1,431,796$28,220,475
80$35,672,886$3,619,735$1,411,246$30,985,582
81$39,240,847$3,726,429$1,387,850$34,029,547
82$43,170,514$3,836,125$1,361,444$37,380,725
83$47,498,711$3,948,899$1,331,857$41,070,365
84$52,266,016$4,064,831$1,298,910$45,132,898
85$57,517,142$4,184,001$1,262,416$49,606,266
86$63,301,363$4,306,489$1,222,179$54,532,280
87$69,672,975$4,432,380$1,177,995$59,957,012
88$76,691,809$4,561,758$1,129,649$65,931,229
89$84,423,799$4,694,709$1,076,918$72,510,876
90$92,941,599$4,831,322$1,019,567$79,757,603
91$102,325,271$4,971,686$957,351$87,739,344
92$112,663,042$5,115,892$890,016$96,530,957
93$124,052,135$5,264,033$817,294$106,214,939
94$136,599,685$5,416,203$738,906$116,882,193
95$150,423,753$5,572,498$654,560$128,632,894
96$165,654,440$5,733,014$563,951$141,577,432
97$182,435,112$5,897,851$466,763$155,837,453
98$200,923,756$6,067,108$362,662$171,547,008
99$221,294,470$6,240,887$251,302$188,853,819
100$243,739,106$6,419,291$132,321$207,920,672