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%11.9%
1 years$94,966$94,120$93,295$92,489$91,703$90,972
2 years$47,013$46,137$45,289$44,466$43,668$42,932
3 years$31,031$30,151$29,305$28,490$27,705$26,985
4 years$23,041$22,164$21,326$20,525$19,759$19,062
5 years$18,248$17,377$16,550$15,765$15,021$14,348
6 years$15,055$14,190$13,375$12,608$11,885$11,238
7 years$12,774$11,916$11,115$10,365$9,666$9,045
8 years$11,064$10,215$9,426$8,695$8,019$7,423
9 years$9,735$8,894$8,119$7,407$6,753$6,183
10 years$8,673$7,839$7,078$6,384$5,754$5,209
11 years$7,804$6,979$6,231$5,556$4,949$4,429
12 years$7,081$6,264$5,530$4,874$4,288$3,793
13 years$6,469$5,661$4,941$4,303$3,739$3,268
14 years$5,945$5,145$4,439$3,820$3,278$2,829
15 years$5,491$4,700$4,008$3,406$2,886$2,460
16 years$5,095$4,313$3,634$3,050$2,551$2,147
17 years$4,745$3,972$3,307$2,740$2,262$1,879
18 years$4,435$3,670$3,019$2,470$2,011$1,648
19 years$4,158$3,401$2,763$2,232$1,792$1,450
20 years$3,908$3,161$2,536$2,021$1,601$1,277
21 years$3,683$2,944$2,333$1,834$1,433$1,127
22 years$3,479$2,748$2,150$1,668$1,284$996
23 years$3,292$2,570$1,985$1,519$1,153$882
24 years$3,122$2,408$1,836$1,385$1,036$781
25 years$2,965$2,260$1,700$1,265$932$693
26 years$2,820$2,124$1,577$1,157$840$615
27 years$2,687$1,999$1,464$1,059$757$546
28 years$2,563$1,884$1,361$970$683$486
29 years$2,448$1,777$1,267$890$617$432
30 years$2,341$1,678$1,180$816$557$384
31 years$2,241$1,586$1,100$750$504$342
32 years$2,147$1,501$1,026$689$456$305
33 years$2,059$1,422$958$634$413$272
34 years$1,977$1,347$895$583$374$242
35 years$1,900$1,278$837$537$338$216
36 years$1,826$1,213$783$494$307$192
37 years$1,758$1,152$733$455$278$172
38 years$1,692$1,095$686$420$252$153
39 years$1,631$1,041$643$387$228$137
40 years$1,572$990$603$357$207$122
41 years$1,517$943$565$329$188$109
42 years$1,464$898$530$304$171$97
43 years$1,414$856$498$281$155$87
44 years$1,366$816$467$259$141$77
45 years$1,321$778$439$239$128$69
46 years$1,278$742$412$221$116$62
47 years$1,236$708$387$204$105$55
48 years$1,197$676$364$189$96$49
49 years$1,159$645$342$174$87$44
50 years$1,123$617$321$161$79$39

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 $6,898 every year, while hoping to spend $36,126 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: 52/30/18 Blend
42$1,150,000$1,150,000$1,150,000$1,150,000
43$1,274,415$1,213,465$1,195,640$1,334,069
44$1,365,968$1,234,487$1,197,256$1,396,809
45$1,465,648$1,255,329$1,197,716$1,460,663
46$1,574,247$1,275,942$1,196,942$1,529,329
47$1,692,634$1,296,278$1,194,854$1,603,276
48$1,821,768$1,316,281$1,191,367$1,683,019
49$1,962,703$1,335,893$1,186,392$1,769,129
50$2,116,599$1,355,053$1,179,837$1,862,232
51$2,284,735$1,373,692$1,171,604$1,963,022
52$2,468,516$1,391,741$1,161,591$2,072,264
53$2,669,491$1,409,123$1,149,690$2,190,801
54$2,889,364$1,425,756$1,135,790$2,319,564
55$3,130,014$1,441,552$1,119,774$2,459,580
56$3,393,507$1,456,420$1,101,518$2,611,980
57$3,682,120$1,470,259$1,080,893$2,778,015
58$3,998,359$1,482,964$1,057,766$2,959,062
59$4,344,985$1,494,423$1,031,995$3,156,642
60$4,725,039$1,504,516$1,003,432$3,372,433
61$5,141,870$1,513,114$971,924$3,608,285
62$5,599,166$1,520,082$937,309$3,866,239
63$6,100,990$1,525,275$899,418$4,148,546
64$6,651,818$1,528,541$858,076$4,457,690
65$7,256,579$1,529,714$813,097$4,796,410
66$7,920,703$1,528,624$764,289$5,167,728
67$8,650,172$1,525,084$711,450$5,574,976
68$9,451,577$1,518,900$654,370$6,021,831
69$10,332,175$1,509,864$592,830$6,512,345
70$11,299,966$1,497,756$526,598$7,050,990
71$12,363,760$1,482,343$455,436$7,642,698
72$13,533,263$1,463,377$379,093$8,292,906
73$14,819,170$1,440,597$297,307$9,007,611
74$16,233,263$1,413,724$209,805$9,793,428
75$17,788,524$1,382,465$116,301$10,657,649
76$19,499,255$1,346,507$16,498$11,608,318
77$21,381,213$1,305,520$0$12,654,302
78$23,451,762$1,259,156$0$13,822,668
79$25,730,032$1,207,044$0$15,111,418
80$28,237,100$1,148,794$0$16,529,334
81$30,996,191$1,083,992$0$18,089,595
82$34,032,895$1,012,200$0$19,806,727
83$37,375,407$932,955$0$21,696,741
84$41,054,798$845,769$0$23,777,286
85$45,105,300$750,125$0$26,067,816
86$49,564,636$645,476$0$28,589,776
87$54,474,369$531,244$0$31,366,801
88$59,880,300$406,821$0$34,424,944
89$65,832,897$271,562$0$37,792,922
90$72,387,770$124,786$0$41,502,387
91$79,606,198$0$0$45,588,228
92$87,555,704$0$0$50,100,198
93$96,310,695$0$0$55,114,867
94$105,953,160$0$0$60,638,022
95$116,573,448$0$0$66,721,435
96$128,271,116$0$0$73,422,153
97$141,155,874$0$0$80,803,041
98$155,348,611$0$0$88,933,372
99$170,982,544$0$0$97,889,482
100$188,204,473$0$0$107,755,490