Can I retire at age 43 with 1,170,000?

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 $1,170,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$96,618$95,757$94,917$94,098$93,297$89,951
2 years$47,830$46,940$46,076$45,239$44,427$41,092
3 years$31,570$30,676$29,814$28,985$28,187$24,968
4 years$23,442$22,550$21,697$20,882$20,103$17,025
5 years$18,566$17,679$16,838$16,040$15,282$12,352
6 years$15,316$14,436$13,608$12,827$12,092$9,313
7 years$12,996$12,124$11,308$10,546$9,834$7,205
8 years$11,257$10,392$9,590$8,847$8,158$5,677
9 years$9,905$9,048$8,260$7,535$6,870$4,534
10 years$8,824$7,976$7,201$6,496$5,854$3,658
11 years$7,940$7,100$6,340$5,653$5,035$2,975
12 years$7,204$6,373$5,626$4,958$4,363$2,434
13 years$6,581$5,759$5,027$4,378$3,805$2,002
14 years$6,048$5,235$4,517$3,886$3,335$1,653
15 years$5,587$4,782$4,078$3,466$2,936$1,369
16 years$5,184$4,388$3,697$3,103$2,595$1,137
17 years$4,828$4,041$3,364$2,788$2,301$946
18 years$4,512$3,734$3,071$2,513$2,046$789
19 years$4,230$3,461$2,812$2,270$1,824$658
20 years$3,976$3,216$2,580$2,056$1,629$550
21 years$3,747$2,995$2,373$1,866$1,458$461
22 years$3,539$2,796$2,187$1,697$1,307$386
23 years$3,350$2,615$2,020$1,545$1,173$323
24 years$3,176$2,450$1,868$1,409$1,054$271
25 years$3,016$2,299$1,730$1,287$949$227
26 years$2,869$2,161$1,605$1,177$855$191
27 years$2,734$2,034$1,490$1,077$770$160
28 years$2,608$1,916$1,385$987$695$135
29 years$2,491$1,808$1,289$905$628$113
30 years$2,382$1,707$1,201$831$567$95
31 years$2,280$1,614$1,119$763$513$80
32 years$2,185$1,527$1,044$701$464$67
33 years$2,095$1,446$975$645$420$56
34 years$2,011$1,371$911$593$380$47
35 years$1,933$1,300$852$546$344$40
36 years$1,858$1,234$797$503$312$33
37 years$1,788$1,172$746$463$283$28
38 years$1,722$1,114$698$427$256$24
39 years$1,659$1,059$654$394$232$20
40 years$1,600$1,008$613$363$211$17
41 years$1,543$959$575$335$191$14
42 years$1,490$914$539$309$174$12
43 years$1,439$870$506$286$157$10
44 years$1,390$830$475$264$143$8
45 years$1,344$791$446$243$130$7
46 years$1,300$755$419$225$118$6
47 years$1,258$720$394$208$107$5
48 years$1,218$688$370$192$97$4
49 years$1,179$657$348$177$88$4
50 years$1,142$627$327$164$80$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,170,000, adding $6,213 every year, while hoping to spend $23,856 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: 65/11/24 Blend
42$1,170,000$1,170,000$1,170,000$1,170,000
43$1,295,749$1,233,739$1,215,604$1,371,513
44$1,402,532$1,268,809$1,230,944$1,458,389
45$1,519,409$1,304,799$1,245,998$1,550,058
46$1,647,381$1,341,727$1,260,732$1,649,707
47$1,787,557$1,379,614$1,275,109$1,758,120
48$1,941,152$1,418,480$1,289,090$1,876,163
49$2,109,510$1,458,345$1,302,635$2,004,789
50$2,294,106$1,499,230$1,315,699$2,145,048
51$2,496,567$1,541,156$1,328,238$2,298,096
52$2,718,687$1,584,142$1,340,203$2,465,207
53$2,962,438$1,628,210$1,351,545$2,647,786
54$3,229,994$1,673,380$1,362,210$2,847,378
55$3,523,751$1,719,673$1,372,141$3,065,689
56$3,846,347$1,767,110$1,381,281$3,304,594
57$4,200,687$1,815,711$1,389,567$3,566,164
58$4,589,974$1,865,497$1,396,933$3,852,677
59$5,017,733$1,916,489$1,403,313$4,166,646
60$5,487,851$1,968,705$1,408,633$4,510,838
61$6,004,607$2,022,168$1,412,817$4,888,302
62$6,572,718$2,076,895$1,415,788$5,302,399
63$7,197,379$2,132,906$1,417,460$5,756,833
64$7,884,314$2,190,221$1,417,747$6,255,685
65$8,639,829$2,248,857$1,416,558$6,803,450
66$9,470,874$2,308,833$1,413,794$7,405,085
67$10,385,103$2,370,166$1,409,357$8,066,050
68$11,390,952$2,432,873$1,403,138$8,792,363
69$12,497,714$2,496,969$1,395,029$9,590,655
70$13,715,631$2,562,470$1,384,912$10,468,236
71$15,055,983$2,629,389$1,372,665$11,433,157
72$16,531,205$2,697,741$1,358,160$12,494,295
73$18,154,994$2,767,536$1,341,264$13,661,430
74$19,942,443$2,838,785$1,321,837$14,945,340
75$21,910,186$2,911,499$1,299,732$16,357,903
76$24,076,547$2,985,684$1,274,795$17,912,208
77$26,461,719$3,061,348$1,246,865$19,622,683
78$29,087,955$3,138,494$1,215,775$21,505,223
79$31,979,771$3,217,125$1,181,348$23,577,348
80$35,164,185$3,297,241$1,143,401$25,858,364
81$38,670,967$3,378,841$1,101,740$28,369,549
82$42,532,922$3,461,921$1,056,165$31,134,351
83$46,786,198$3,546,474$1,006,465$34,178,609
84$51,470,629$3,632,489$952,420$37,530,800
85$56,630,107$3,719,955$893,800$41,222,307
86$62,313,000$3,808,855$830,364$45,287,714
87$68,572,607$3,899,169$761,862$49,765,135
88$75,467,659$3,990,875$688,031$54,696,572
89$83,062,878$4,083,945$608,597$60,128,313
90$91,429,580$4,178,347$523,274$66,111,369
91$100,646,356$4,274,045$431,763$72,701,955
92$110,799,808$4,370,998$333,751$79,962,023
93$121,985,370$4,469,158$228,913$87,959,846
94$134,308,204$4,568,473$116,908$96,770,662
95$147,884,198$4,668,885$0$106,477,386
96$162,841,055$4,770,329$0$117,172,065
97$179,319,500$4,872,732$0$128,986,716
98$197,474,609$4,976,017$0$142,002,442
99$217,477,272$5,080,094$0$156,341,641
100$239,515,804$5,184,869$0$172,139,191