Can I retire at age 43 with 1,180,000?

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 $1,180,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$97,443$96,575$95,728$94,902$94,095$91,523
2 years$48,239$47,341$46,470$45,626$44,807$42,235
3 years$31,840$30,938$30,069$29,233$28,427$25,935
4 years$23,642$22,743$21,883$21,061$20,275$17,882
5 years$18,725$17,830$16,982$16,177$15,413$13,125
6 years$15,447$14,560$13,724$12,937$12,195$10,016
7 years$13,107$12,227$11,405$10,636$9,918$7,847
8 years$11,353$10,481$9,672$8,922$8,228$6,264
9 years$9,989$9,126$8,331$7,600$6,929$5,070
10 years$8,899$8,044$7,263$6,551$5,904$4,148
11 years$8,008$7,161$6,394$5,701$5,078$3,421
12 years$7,265$6,427$5,675$5,001$4,400$2,841
13 years$6,638$5,808$5,070$4,415$3,837$2,371
14 years$6,100$5,280$4,555$3,919$3,364$1,988
15 years$5,635$4,823$4,113$3,495$2,962$1,672
16 years$5,228$4,425$3,729$3,130$2,617$1,411
17 years$4,869$4,075$3,393$2,812$2,321$1,193
18 years$4,551$3,766$3,097$2,534$2,064$1,011
19 years$4,266$3,490$2,836$2,290$1,839$858
20 years$4,010$3,243$2,602$2,074$1,643$730
21 years$3,779$3,021$2,394$1,882$1,470$621
22 years$3,569$2,820$2,206$1,711$1,318$529
23 years$3,378$2,637$2,037$1,558$1,183$451
24 years$3,203$2,471$1,884$1,421$1,063$385
25 years$3,042$2,319$1,745$1,298$957$329
26 years$2,894$2,179$1,618$1,187$862$281
27 years$2,757$2,051$1,503$1,086$777$240
28 years$2,630$1,933$1,397$995$701$205
29 years$2,512$1,823$1,300$913$633$175
30 years$2,402$1,722$1,211$838$572$150
31 years$2,299$1,628$1,129$769$517$128
32 years$2,203$1,540$1,053$707$468$110
33 years$2,113$1,459$983$650$423$94
34 years$2,029$1,382$919$598$383$81
35 years$1,949$1,311$859$551$347$69
36 years$1,874$1,245$804$507$315$59
37 years$1,803$1,182$752$467$285$51
38 years$1,736$1,123$704$431$258$43
39 years$1,673$1,068$660$397$234$37
40 years$1,613$1,016$619$366$213$32
41 years$1,556$967$580$338$193$27
42 years$1,502$921$544$312$175$23
43 years$1,451$878$511$288$159$20
44 years$1,402$837$479$266$144$17
45 years$1,355$798$450$246$131$15
46 years$1,311$761$423$227$119$13
47 years$1,269$726$397$210$108$11
48 years$1,228$693$373$194$98$9
49 years$1,189$662$351$179$89$8
50 years$1,152$633$330$165$81$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,180,000, adding $6,636 every year, while hoping to spend $44,041 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: 65/12/23 Blend
42$1,180,000$1,180,000$1,180,000$1,180,000
43$1,307,205$1,244,665$1,226,375$1,383,998
44$1,393,681$1,258,794$1,220,599$1,450,636
45$1,487,501$1,272,140$1,213,154$1,517,868
46$1,589,368$1,284,617$1,203,937$1,590,336
47$1,700,055$1,296,135$1,192,840$1,668,559
48$1,820,412$1,306,597$1,179,752$1,753,106
49$1,951,375$1,315,901$1,164,554$1,844,607
50$2,093,972$1,323,937$1,147,124$1,943,755
51$2,249,336$1,330,588$1,127,331$2,051,317
52$2,418,713$1,335,732$1,105,042$2,168,138
53$2,603,475$1,339,236$1,080,114$2,295,149
54$2,805,131$1,340,961$1,052,400$2,433,381
55$3,025,344$1,340,757$1,021,744$2,583,967
56$3,265,942$1,338,467$987,985$2,748,161
57$3,528,939$1,333,923$950,954$2,927,342
58$3,816,553$1,326,948$910,473$3,123,036
59$4,131,226$1,317,352$866,358$3,336,923
60$4,475,644$1,304,935$818,414$3,570,858
61$4,852,768$1,289,486$766,440$3,826,887
62$5,265,858$1,270,779$710,223$4,107,266
63$5,718,504$1,248,575$649,544$4,414,483
64$6,214,659$1,222,623$584,171$4,751,285
65$6,758,677$1,192,654$513,864$5,120,700
66$7,355,354$1,158,386$438,370$5,526,066
67$8,009,972$1,119,518$357,427$5,971,069
68$8,728,348$1,075,733$270,760$6,459,770
69$9,516,891$1,026,696$178,082$6,996,649
70$10,382,661$972,051$79,095$7,586,647
71$11,333,433$911,422$0$8,235,213
72$12,377,774$844,413$0$8,954,870
73$13,525,120$770,602$0$9,766,868
74$14,785,866$689,546$0$10,659,165
75$16,171,467$600,776$0$11,639,905
76$17,694,538$503,795$0$12,718,064
77$19,368,980$398,080$0$13,903,531
78$21,210,107$283,078$0$15,207,205
79$23,234,793$158,203$0$16,641,100
80$25,461,626$22,839$0$18,218,451
81$27,911,087$0$0$19,953,847
82$30,605,744$0$0$21,879,694
83$33,570,459$0$0$24,001,959
84$36,832,627$0$0$26,337,246
85$40,422,433$0$0$28,907,176
86$44,373,134$0$0$31,735,570
87$48,721,377$0$0$34,848,676
88$53,507,540$0$0$38,275,415
89$58,776,113$0$0$42,047,655
90$64,576,122$0$0$46,200,510
91$70,961,583$0$0$50,772,673
92$77,992,021$0$0$55,806,776
93$85,733,023$0$0$61,349,800
94$94,256,860$0$0$67,453,511
95$103,643,169$0$0$74,174,949
96$113,979,703$0$0$81,576,972
97$125,363,159$0$0$89,728,841
98$137,900,089$0$0$98,706,877
99$151,707,908$0$0$108,595,183
100$166,915,998$0$0$119,486,432