Can I retire at age 43 with 1,160,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,160,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$95,792$94,938$94,106$93,293$92,500$90,558
2 years$47,422$46,538$45,683$44,853$44,048$42,101
3 years$31,300$30,413$29,560$28,738$27,946$26,054
4 years$23,241$22,357$21,512$20,704$19,931$18,109
5 years$18,407$17,528$16,694$15,902$15,151$13,405
6 years$15,185$14,313$13,491$12,717$11,989$10,319
7 years$12,885$12,020$11,211$10,456$9,750$8,158
8 years$11,161$10,303$9,508$8,771$8,089$6,573
9 years$9,820$8,971$8,189$7,471$6,812$5,372
10 years$8,748$7,908$7,140$6,440$5,804$4,438
11 years$7,872$7,040$6,286$5,605$4,992$3,699
12 years$7,142$6,318$5,578$4,916$4,326$3,103
13 years$6,525$5,710$4,984$4,340$3,772$2,618
14 years$5,997$5,190$4,478$3,853$3,307$2,219
15 years$5,539$4,741$4,043$3,436$2,911$1,888
16 years$5,139$4,350$3,666$3,077$2,573$1,611
17 years$4,787$4,006$3,336$2,764$2,281$1,378
18 years$4,474$3,702$3,045$2,491$2,029$1,182
19 years$4,194$3,431$2,788$2,251$1,808$1,015
20 years$3,942$3,188$2,558$2,039$1,615$874
21 years$3,715$2,970$2,353$1,850$1,445$753
22 years$3,509$2,772$2,169$1,682$1,295$649
23 years$3,321$2,593$2,002$1,532$1,163$561
24 years$3,149$2,429$1,852$1,397$1,045$484
25 years$2,991$2,280$1,715$1,276$941$419
26 years$2,845$2,143$1,591$1,167$847$363
27 years$2,710$2,016$1,477$1,068$764$314
28 years$2,585$1,900$1,373$979$689$272
29 years$2,469$1,792$1,278$897$622$236
30 years$2,361$1,693$1,190$824$562$204
31 years$2,260$1,600$1,110$756$508$177
32 years$2,166$1,514$1,035$695$460$154
33 years$2,077$1,434$967$639$416$133
34 years$1,994$1,359$903$588$377$116
35 years$1,916$1,289$844$541$341$100
36 years$1,842$1,223$790$499$309$87
37 years$1,773$1,162$739$459$280$76
38 years$1,707$1,104$692$423$254$66
39 years$1,645$1,050$649$390$230$57
40 years$1,586$999$608$360$209$49
41 years$1,530$951$570$332$190$43
42 years$1,477$906$535$307$172$37
43 years$1,426$863$502$283$156$32
44 years$1,378$823$471$261$142$28
45 years$1,332$784$442$241$129$24
46 years$1,289$748$415$223$117$21
47 years$1,247$714$390$206$106$18
48 years$1,207$682$367$190$96$16
49 years$1,169$651$345$176$87$14
50 years$1,133$622$324$163$79$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,160,000, adding $5,464 every year, while hoping to spend $42,331 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: 53/22/25 Blend
42$1,160,000$1,160,000$1,160,000$1,160,000
43$1,283,956$1,222,476$1,204,496$1,342,829
44$1,369,880$1,237,338$1,199,807$1,398,942
45$1,463,149$1,251,509$1,193,542$1,455,173
46$1,564,468$1,264,910$1,185,603$1,515,498
47$1,674,612$1,277,459$1,175,890$1,580,326
48$1,794,434$1,289,066$1,164,293$1,650,105
49$1,924,871$1,299,636$1,150,702$1,725,334
50$2,066,957$1,309,066$1,134,999$1,806,560
51$2,221,826$1,317,250$1,117,061$1,894,392
52$2,390,729$1,324,072$1,096,759$1,989,500
53$2,575,041$1,329,410$1,073,959$2,092,623
54$2,776,279$1,333,134$1,048,520$2,204,582
55$2,996,107$1,335,106$1,020,293$2,326,279
56$3,236,363$1,335,179$989,126$2,458,712
57$3,499,066$1,333,197$954,856$2,602,986
58$3,786,442$1,328,994$917,314$2,760,316
59$4,100,940$1,322,396$876,325$2,932,049
60$4,445,257$1,313,215$831,704$3,119,668
61$4,822,365$1,301,253$783,257$3,324,815
62$5,235,534$1,286,302$730,784$3,549,298
63$5,688,366$1,268,139$674,073$3,795,116
64$6,184,830$1,246,529$612,905$4,064,477
65$6,729,295$1,221,221$547,050$4,359,815
66$7,326,575$1,191,952$476,268$4,683,818
67$7,981,970$1,158,443$400,307$5,039,454
68$8,701,320$1,120,395$318,906$5,429,997
69$9,491,057$1,077,497$231,792$5,859,061
70$10,358,266$1,029,416$138,679$6,330,635
71$11,310,754$975,802$39,269$6,849,119
72$12,357,117$916,283$0$7,419,370
73$13,506,828$850,466$0$8,064,569
74$14,770,323$777,937$0$8,785,141
75$16,159,096$698,256$0$9,577,214
76$17,685,814$610,961$0$10,448,075
77$19,364,429$515,560$0$11,405,762
78$21,210,315$411,537$0$12,459,133
79$23,240,409$298,344$0$13,617,953
80$25,473,372$175,403$0$14,892,987
81$27,929,764$42,106$0$16,296,102
82$30,632,238$0$0$17,840,380
83$33,605,754$0$0$19,564,981
84$36,877,813$0$0$21,474,082
85$40,478,716$0$0$23,575,185
86$44,441,852$0$0$25,887,790
87$48,804,008$0$0$28,433,380
88$53,605,721$0$0$31,235,629
89$58,891,655$0$0$34,320,621
90$64,711,026$0$0$37,717,101
91$71,118,064$0$0$41,456,738
92$78,172,525$0$0$45,574,431
93$85,940,254$0$0$50,108,636
94$94,493,807$0$0$55,101,727
95$103,913,133$0$0$60,600,396
96$114,286,331$0$0$66,656,096
97$125,710,477$0$0$73,325,523
98$138,292,545$0$0$80,671,152
99$152,150,412$0$0$88,761,827
100$167,413,969$0$0$97,673,412