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

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 $1,180,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$97,443$96,575$95,728$94,902$94,095$92,498
2 years$48,239$47,341$46,470$45,626$44,807$43,203
3 years$31,840$30,938$30,069$29,233$28,427$26,866
4 years$23,642$22,743$21,883$21,061$20,275$18,769
5 years$18,725$17,830$16,982$16,177$15,413$13,966
6 years$15,447$14,560$13,724$12,937$12,195$10,810
7 years$13,107$12,227$11,405$10,636$9,918$8,594
8 years$11,353$10,481$9,672$8,922$8,228$6,965
9 years$9,989$9,126$8,331$7,600$6,929$5,726
10 years$8,899$8,044$7,263$6,551$5,904$4,760
11 years$8,008$7,161$6,394$5,701$5,078$3,992
12 years$7,265$6,427$5,675$5,001$4,400$3,371
13 years$6,638$5,808$5,070$4,415$3,837$2,863
14 years$6,100$5,280$4,555$3,919$3,364$2,443
15 years$5,635$4,823$4,113$3,495$2,962$2,093
16 years$5,228$4,425$3,729$3,130$2,617$1,798
17 years$4,869$4,075$3,393$2,812$2,321$1,550
18 years$4,551$3,766$3,097$2,534$2,064$1,339
19 years$4,266$3,490$2,836$2,290$1,839$1,158
20 years$4,010$3,243$2,602$2,074$1,643$1,004
21 years$3,779$3,021$2,394$1,882$1,470$872
22 years$3,569$2,820$2,206$1,711$1,318$758
23 years$3,378$2,637$2,037$1,558$1,183$659
24 years$3,203$2,471$1,884$1,421$1,063$574
25 years$3,042$2,319$1,745$1,298$957$501
26 years$2,894$2,179$1,618$1,187$862$437
27 years$2,757$2,051$1,503$1,086$777$381
28 years$2,630$1,933$1,397$995$701$333
29 years$2,512$1,823$1,300$913$633$291
30 years$2,402$1,722$1,211$838$572$254
31 years$2,299$1,628$1,129$769$517$222
32 years$2,203$1,540$1,053$707$468$194
33 years$2,113$1,459$983$650$423$170
34 years$2,029$1,382$919$598$383$149
35 years$1,949$1,311$859$551$347$130
36 years$1,874$1,245$804$507$315$114
37 years$1,803$1,182$752$467$285$100
38 years$1,736$1,123$704$431$258$87
39 years$1,673$1,068$660$397$234$77
40 years$1,613$1,016$619$366$213$67
41 years$1,556$967$580$338$193$59
42 years$1,502$921$544$312$175$51
43 years$1,451$878$511$288$159$45
44 years$1,402$837$479$266$144$39
45 years$1,355$798$450$246$131$35
46 years$1,311$761$423$227$119$30
47 years$1,269$726$397$210$108$27
48 years$1,228$693$373$194$98$23
49 years$1,189$662$351$179$89$20
50 years$1,152$633$330$165$81$18

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 $7,000 every year, while hoping to spend $44,435 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: 45/41/14 Blend
42$1,180,000$1,180,000$1,180,000$1,180,000
43$1,307,581$1,245,041$1,226,751$1,360,897
44$1,393,675$1,258,769$1,220,568$1,412,453
45$1,487,062$1,271,681$1,212,689$1,463,282
46$1,588,439$1,283,689$1,203,011$1,517,428
47$1,698,571$1,294,702$1,191,423$1,575,214
48$1,818,302$1,304,619$1,177,813$1,637,000
49$1,948,560$1,313,336$1,162,060$1,703,184
50$2,090,365$1,320,742$1,144,041$1,774,206
51$2,244,840$1,326,716$1,123,625$1,850,553
52$2,413,222$1,331,133$1,100,674$1,932,763
53$2,596,869$1,333,857$1,075,045$2,021,432
54$2,797,280$1,334,747$1,046,590$2,117,220
55$3,016,102$1,333,649$1,015,150$2,220,856
56$3,255,149$1,330,402$980,562$2,333,147
57$3,516,419$1,324,836$942,655$2,454,984
58$3,802,109$1,316,768$901,249$2,587,355
59$4,114,640$1,306,006$856,157$2,731,348
60$4,456,678$1,292,345$807,183$2,888,171
61$4,831,157$1,275,568$754,122$3,059,155
62$5,241,311$1,255,446$696,760$3,245,775
63$5,690,697$1,231,736$634,874$3,449,658
64$6,183,236$1,204,179$568,231$3,672,603
65$6,723,245$1,172,502$496,585$3,916,599
66$7,315,478$1,136,417$419,683$4,183,842
67$7,965,173$1,095,617$337,258$4,476,760
68$8,678,097$1,049,779$249,033$4,798,035
69$9,460,604$998,560$154,717$5,150,626
70$10,319,694$941,597$54,008$5,537,806
71$11,263,075$878,508$0$5,963,188
72$12,299,240$808,886$0$6,438,748
73$13,437,545$732,304$0$6,970,034
74$14,688,296$648,309$0$7,553,885
75$16,062,848$556,421$0$8,195,726
76$17,573,709$456,136$0$8,901,542
77$19,234,660$346,920$0$9,677,937
78$21,060,883$228,207$0$10,532,198
79$23,069,107$99,402$0$11,472,362
80$25,277,759$0$0$12,507,297
81$27,707,146$0$0$13,664,891
82$30,379,638$0$0$14,987,814
83$33,319,885$0$0$16,443,443
84$36,555,046$0$0$18,045,243
85$40,115,043$0$0$19,808,050
86$44,032,849$0$0$21,748,212
87$48,344,792$0$0$23,883,743
88$53,090,901$0$0$26,234,490
89$58,315,285$0$0$28,822,323
90$64,066,543$0$0$31,671,341
91$70,398,227$0$0$34,808,096
92$77,369,345$0$0$38,261,848
93$85,044,917$0$0$42,064,838
94$93,496,591$0$0$46,252,592
95$102,803,314$0$0$50,864,256
96$113,052,080$0$0$55,942,968
97$124,338,749$0$0$61,536,261
98$136,768,952$0$0$67,696,514
99$150,459,087$0$0$74,481,445
100$165,537,416$0$0$81,954,655