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%11.9%
1 years$97,443$96,575$95,728$94,902$94,095$93,345
2 years$48,239$47,341$46,470$45,626$44,807$44,052
3 years$31,840$30,938$30,069$29,233$28,427$27,689
4 years$23,642$22,743$21,883$21,061$20,275$19,560
5 years$18,725$17,830$16,982$16,177$15,413$14,723
6 years$15,447$14,560$13,724$12,937$12,195$11,532
7 years$13,107$12,227$11,405$10,636$9,918$9,281
8 years$11,353$10,481$9,672$8,922$8,228$7,617
9 years$9,989$9,126$8,331$7,600$6,929$6,344
10 years$8,899$8,044$7,263$6,551$5,904$5,345
11 years$8,008$7,161$6,394$5,701$5,078$4,544
12 years$7,265$6,427$5,675$5,001$4,400$3,892
13 years$6,638$5,808$5,070$4,415$3,837$3,353
14 years$6,100$5,280$4,555$3,919$3,364$2,903
15 years$5,635$4,823$4,113$3,495$2,962$2,524
16 years$5,228$4,425$3,729$3,130$2,617$2,203
17 years$4,869$4,075$3,393$2,812$2,321$1,928
18 years$4,551$3,766$3,097$2,534$2,064$1,691
19 years$4,266$3,490$2,836$2,290$1,839$1,487
20 years$4,010$3,243$2,602$2,074$1,643$1,311
21 years$3,779$3,021$2,394$1,882$1,470$1,157
22 years$3,569$2,820$2,206$1,711$1,318$1,022
23 years$3,378$2,637$2,037$1,558$1,183$905
24 years$3,203$2,471$1,884$1,421$1,063$802
25 years$3,042$2,319$1,745$1,298$957$711
26 years$2,894$2,179$1,618$1,187$862$631
27 years$2,757$2,051$1,503$1,086$777$561
28 years$2,630$1,933$1,397$995$701$498
29 years$2,512$1,823$1,300$913$633$443
30 years$2,402$1,722$1,211$838$572$394
31 years$2,299$1,628$1,129$769$517$351
32 years$2,203$1,540$1,053$707$468$313
33 years$2,113$1,459$983$650$423$279
34 years$2,029$1,382$919$598$383$248
35 years$1,949$1,311$859$551$347$221
36 years$1,874$1,245$804$507$315$197
37 years$1,803$1,182$752$467$285$176
38 years$1,736$1,123$704$431$258$157
39 years$1,673$1,068$660$397$234$140
40 years$1,613$1,016$619$366$213$125
41 years$1,556$967$580$338$193$112
42 years$1,502$921$544$312$175$100
43 years$1,451$878$511$288$159$89
44 years$1,402$837$479$266$144$79
45 years$1,355$798$450$246$131$71
46 years$1,311$761$423$227$119$63
47 years$1,269$726$397$210$108$57
48 years$1,228$693$373$194$98$51
49 years$1,189$662$351$179$89$45
50 years$1,152$633$330$165$81$40

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 $4,572 every year, while hoping to spend $21,362 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: 73/16/11 Blend
42$1,180,000$1,180,000$1,180,000$1,180,000
43$1,305,076$1,242,536$1,224,246$1,397,202
44$1,415,465$1,280,691$1,242,529$1,496,847
45$1,536,397$1,320,000$1,260,709$1,602,859
46$1,668,926$1,360,497$1,278,759$1,718,385
47$1,814,211$1,402,216$1,296,652$1,844,363
48$1,973,530$1,445,193$1,314,359$1,981,823
49$2,148,288$1,489,466$1,331,849$2,131,898
50$2,340,036$1,535,072$1,349,088$2,295,837
51$2,550,480$1,582,051$1,366,042$2,475,017
52$2,781,499$1,630,442$1,382,675$2,670,952
53$3,035,165$1,680,286$1,398,948$2,885,311
54$3,313,758$1,731,627$1,414,819$3,119,931
55$3,619,792$1,784,507$1,430,245$3,376,836
56$3,956,033$1,838,970$1,445,182$3,658,254
57$4,325,533$1,895,064$1,459,579$3,966,643
58$4,731,650$1,952,835$1,473,388$4,304,706
59$5,178,086$2,012,331$1,486,554$4,675,424
60$5,668,918$2,073,603$1,499,021$5,082,078
61$6,208,639$2,136,701$1,510,730$5,528,284
62$6,802,199$2,201,678$1,521,617$6,018,027
63$7,455,050$2,268,587$1,531,619$6,555,695
64$8,173,202$2,337,485$1,540,665$7,146,122
65$8,963,274$2,408,426$1,548,682$7,794,636
66$9,832,560$2,481,471$1,555,595$8,507,106
67$10,789,096$2,556,679$1,561,323$9,289,997
68$11,841,739$2,634,111$1,565,782$10,150,434
69$13,000,243$2,713,829$1,568,883$11,096,267
70$14,275,361$2,795,900$1,570,533$12,136,144
71$15,678,937$2,880,388$1,570,635$13,279,594
72$17,224,023$2,967,362$1,569,086$14,537,119
73$18,925,002$3,056,891$1,565,779$15,920,286
74$20,797,721$3,149,048$1,560,602$17,441,844
75$22,859,642$3,243,905$1,553,435$19,115,839
76$25,130,007$3,341,537$1,544,156$20,957,749
77$27,630,017$3,442,022$1,532,635$22,984,628
78$30,383,036$3,545,438$1,518,735$25,215,270
79$33,414,807$3,651,866$1,502,314$27,670,382
80$36,753,699$3,761,389$1,483,224$30,372,782
81$40,430,972$3,874,092$1,461,307$33,347,613
82$44,481,071$3,990,063$1,436,401$36,622,582
83$48,941,953$4,109,389$1,408,333$40,228,220
84$53,855,445$4,232,162$1,376,925$44,198,171
85$59,267,638$4,358,476$1,341,990$48,569,505
86$65,229,322$4,488,425$1,303,331$53,383,076
87$71,796,463$4,622,108$1,260,743$58,683,901
88$79,030,735$4,759,625$1,214,011$64,521,586
89$87,000,102$4,901,078$1,162,912$70,950,795
90$95,779,452$5,046,571$1,107,210$78,031,767
91$105,451,315$5,196,211$1,046,660$85,830,882
92$116,106,632$5,350,109$981,006$94,421,289
93$127,845,619$5,508,374$909,980$103,883,596
94$140,778,709$5,671,122$833,302$114,306,630
95$155,027,600$5,838,469$750,679$125,788,277
96$170,726,395$6,010,534$661,807$138,436,405
97$188,022,876$6,187,439$566,366$152,369,883
98$207,079,893$6,369,307$464,023$167,719,699
99$228,076,904$6,556,266$354,430$184,630,204
100$251,211,669$6,748,443$237,224$203,260,466