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%15.8%
1 years$97,443$96,575$95,728$94,902$94,095$91,857
2 years$48,239$47,341$46,470$45,626$44,807$42,566
3 years$31,840$30,938$30,069$29,233$28,427$26,253
4 years$23,642$22,743$21,883$21,061$20,275$18,183
5 years$18,725$17,830$16,982$16,177$15,413$13,410
6 years$15,447$14,560$13,724$12,937$12,195$10,284
7 years$13,107$12,227$11,405$10,636$9,918$8,098
8 years$11,353$10,481$9,672$8,922$8,228$6,498
9 years$9,989$9,126$8,331$7,600$6,929$5,288
10 years$8,899$8,044$7,263$6,551$5,904$4,351
11 years$8,008$7,161$6,394$5,701$5,078$3,609
12 years$7,265$6,427$5,675$5,001$4,400$3,015
13 years$6,638$5,808$5,070$4,415$3,837$2,532
14 years$6,100$5,280$4,555$3,919$3,364$2,135
15 years$5,635$4,823$4,113$3,495$2,962$1,808
16 years$5,228$4,425$3,729$3,130$2,617$1,535
17 years$4,869$4,075$3,393$2,812$2,321$1,307
18 years$4,551$3,766$3,097$2,534$2,064$1,115
19 years$4,266$3,490$2,836$2,290$1,839$953
20 years$4,010$3,243$2,602$2,074$1,643$815
21 years$3,779$3,021$2,394$1,882$1,470$699
22 years$3,569$2,820$2,206$1,711$1,318$599
23 years$3,378$2,637$2,037$1,558$1,183$515
24 years$3,203$2,471$1,884$1,421$1,063$442
25 years$3,042$2,319$1,745$1,298$957$380
26 years$2,894$2,179$1,618$1,187$862$327
27 years$2,757$2,051$1,503$1,086$777$282
28 years$2,630$1,933$1,397$995$701$243
29 years$2,512$1,823$1,300$913$633$209
30 years$2,402$1,722$1,211$838$572$180
31 years$2,299$1,628$1,129$769$517$155
32 years$2,203$1,540$1,053$707$468$134
33 years$2,113$1,459$983$650$423$116
34 years$2,029$1,382$919$598$383$100
35 years$1,949$1,311$859$551$347$86
36 years$1,874$1,245$804$507$315$74
37 years$1,803$1,182$752$467$285$64
38 years$1,736$1,123$704$431$258$55
39 years$1,673$1,068$660$397$234$48
40 years$1,613$1,016$619$366$213$41
41 years$1,556$967$580$338$193$36
42 years$1,502$921$544$312$175$31
43 years$1,451$878$511$288$159$26
44 years$1,402$837$479$266$144$23
45 years$1,355$798$450$246$131$20
46 years$1,311$761$423$227$119$17
47 years$1,269$726$397$210$108$15
48 years$1,228$693$373$194$98$13
49 years$1,189$662$351$179$89$11
50 years$1,152$633$330$165$81$9

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 $3,253 every year, while hoping to spend $55,505 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: 45/39/16 Blend
42$1,180,000$1,180,000$1,180,000$1,180,000
43$1,303,715$1,241,175$1,222,885$1,356,270
44$1,377,638$1,242,936$1,204,795$1,395,049
45$1,457,239$1,242,923$1,184,239$1,431,250
46$1,543,042$1,240,990$1,161,075$1,469,313
47$1,635,617$1,236,983$1,135,155$1,509,435
48$1,735,592$1,230,738$1,106,326$1,551,834
49$1,843,660$1,222,081$1,074,425$1,596,756
50$1,960,578$1,210,828$1,039,282$1,644,474
51$2,087,180$1,196,782$1,000,722$1,695,291
52$2,224,385$1,179,737$958,559$1,749,548
53$2,373,201$1,159,472$912,599$1,807,623
54$2,534,736$1,135,756$862,640$1,869,938
55$2,710,212$1,108,340$808,471$1,936,961
56$2,900,969$1,076,964$749,870$2,009,215
57$3,108,484$1,041,352$686,607$2,087,282
58$3,334,382$1,001,211$618,441$2,171,807
59$3,580,450$956,231$545,120$2,263,507
60$3,848,655$906,085$466,380$2,363,183
61$4,141,160$850,426$381,947$2,471,719
62$4,460,350$788,888$291,533$2,590,100
63$4,808,846$721,084$194,840$2,719,419
64$5,189,535$646,603$91,553$2,860,889
65$5,605,595$565,015$0$3,015,854
66$6,060,525$475,860$0$3,188,994
67$6,558,177$378,656$0$3,395,664
68$7,102,794$272,892$0$3,622,109
69$7,699,045$158,031$0$3,870,428
70$8,352,075$33,501$0$4,142,935
71$9,067,547$0$0$4,442,195
72$9,851,700$0$0$4,814,512
73$10,711,403$0$0$5,238,604
74$11,654,222$0$0$5,703,843
75$12,688,493$0$0$6,214,360
76$13,823,393$0$0$6,774,705
77$15,069,035$0$0$7,389,888
78$16,436,555$0$0$8,065,432
79$17,938,222$0$0$8,807,417
80$19,587,552$0$0$9,622,543
81$21,399,431$0$0$10,518,189
82$23,390,261$0$0$11,502,488
83$25,578,111$0$0$12,584,395
84$27,982,886$0$0$13,773,780
85$30,626,515$0$0$15,081,513
86$33,533,161$0$0$16,519,574
87$36,729,440$0$0$18,101,159
88$40,244,681$0$0$19,840,808
89$44,111,195$0$0$21,754,542
90$48,364,582$0$0$23,860,010
91$53,044,067$0$0$26,176,661
92$58,192,867$0$0$28,725,923
93$63,858,603$0$0$31,531,406
94$70,093,740$0$0$34,619,124
95$76,956,090$0$0$38,017,742
96$84,509,353$0$0$41,758,844
97$92,823,716$0$0$45,877,233
98$101,976,519$0$0$50,411,255
99$112,052,978$0$0$55,403,165
100$123,146,993$0$0$60,899,525