Can I retire at age 43 with 1,190,000?

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 $1,190,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$98,269$97,394$96,540$95,706$94,892$92,711
2 years$48,648$47,742$46,864$46,013$45,187$43,002
3 years$32,110$31,200$30,324$29,481$28,668$26,547
4 years$23,842$22,935$22,068$21,239$20,447$18,406
5 years$18,883$17,982$17,126$16,314$15,543$13,588
6 years$15,578$14,683$13,840$13,046$12,299$10,432
7 years$13,218$12,331$11,501$10,726$10,002$8,224
8 years$11,449$10,570$9,754$8,998$8,298$6,607
9 years$10,074$9,203$8,401$7,664$6,988$5,383
10 years$8,975$8,112$7,324$6,607$5,954$4,434
11 years$8,076$7,222$6,448$5,750$5,121$3,683
12 years$7,327$6,482$5,723$5,043$4,437$3,080
13 years$6,694$5,858$5,113$4,452$3,870$2,590
14 years$6,152$5,324$4,594$3,952$3,392$2,188
15 years$5,682$4,864$4,148$3,525$2,987$1,855
16 years$5,272$4,463$3,760$3,156$2,640$1,577
17 years$4,910$4,110$3,422$2,836$2,340$1,345
18 years$4,589$3,798$3,124$2,556$2,081$1,149
19 years$4,302$3,520$2,860$2,309$1,855$983
20 years$4,044$3,271$2,624$2,091$1,657$843
21 years$3,811$3,046$2,414$1,898$1,483$723
22 years$3,600$2,844$2,225$1,726$1,329$622
23 years$3,407$2,660$2,054$1,572$1,193$535
24 years$3,230$2,492$1,900$1,433$1,072$460
25 years$3,068$2,339$1,760$1,309$965$396
26 years$2,919$2,198$1,632$1,197$869$342
27 years$2,780$2,069$1,515$1,096$784$295
28 years$2,652$1,949$1,409$1,004$707$254
29 years$2,533$1,839$1,311$921$638$219
30 years$2,422$1,737$1,221$845$577$189
31 years$2,319$1,642$1,138$776$522$163
32 years$2,222$1,553$1,062$713$472$141
33 years$2,131$1,471$992$656$427$122
34 years$2,046$1,394$927$603$387$105
35 years$1,966$1,322$866$555$350$91
36 years$1,890$1,255$810$512$317$79
37 years$1,819$1,192$759$471$288$68
38 years$1,751$1,133$710$434$261$59
39 years$1,687$1,077$666$401$236$51
40 years$1,627$1,025$624$369$214$44
41 years$1,570$976$585$341$195$38
42 years$1,515$929$549$315$176$33
43 years$1,463$885$515$290$160$28
44 years$1,414$844$483$268$145$25
45 years$1,367$805$454$248$132$21
46 years$1,322$768$426$229$120$18
47 years$1,279$733$400$211$109$16
48 years$1,238$699$376$195$99$14
49 years$1,199$668$354$180$90$12
50 years$1,162$638$333$167$82$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,190,000, adding $5,769 every year, while hoping to spend $33,688 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: 46/40/14 Blend
42$1,190,000$1,190,000$1,190,000$1,190,000
43$1,317,331$1,254,261$1,235,816$1,372,456
44$1,415,855$1,279,876$1,241,372$1,436,927
45$1,523,299$1,305,617$1,245,985$1,502,942
46$1,640,538$1,331,455$1,249,588$1,573,818
47$1,768,534$1,357,357$1,252,110$1,650,021
48$1,908,347$1,383,289$1,253,478$1,732,063
49$2,061,142$1,409,214$1,253,613$1,820,506
50$2,228,203$1,435,091$1,252,435$1,915,974
51$2,410,946$1,460,876$1,249,857$2,019,153
52$2,610,924$1,486,521$1,245,789$2,130,799
53$2,829,854$1,511,976$1,240,139$2,251,745
54$3,069,622$1,537,186$1,232,806$2,382,911
55$3,332,307$1,562,091$1,223,688$2,525,312
56$3,620,197$1,586,629$1,212,677$2,680,065
57$3,935,814$1,610,731$1,199,658$2,848,404
58$4,281,934$1,634,324$1,184,514$3,031,688
59$4,661,616$1,657,330$1,167,120$3,231,417
60$5,078,227$1,679,665$1,147,344$3,449,244
61$5,535,478$1,701,241$1,125,052$3,686,993
62$6,037,456$1,721,960$1,100,100$3,946,676
63$6,588,662$1,741,722$1,072,339$4,230,509
64$7,194,055$1,760,417$1,041,613$4,540,938
65$7,859,100$1,777,928$1,007,758$4,880,662
66$8,589,813$1,794,131$970,603$5,252,652
67$9,392,826$1,808,895$929,969$5,660,190
68$10,275,441$1,822,078$885,671$6,106,891
69$11,245,707$1,833,531$837,511$6,596,745
70$12,312,487$1,843,092$785,286$7,134,148
71$13,485,551$1,850,594$728,784$7,723,949
72$14,775,659$1,855,855$667,779$8,371,497
73$16,194,667$1,858,682$602,041$9,082,687
74$17,755,638$1,858,873$531,324$9,864,020
75$19,472,966$1,856,210$455,376$10,722,666
76$21,362,508$1,850,464$373,931$11,666,527
77$23,441,737$1,841,390$286,711$12,704,319
78$25,729,905$1,828,729$193,427$13,845,652
79$28,248,226$1,812,207$93,777$15,101,119
80$31,020,072$1,791,533$0$16,482,401
81$34,071,198$1,766,397$0$18,004,254
82$37,429,982$1,736,472$0$19,694,071
83$41,127,693$1,701,412$0$21,553,534
84$45,198,786$1,660,849$0$23,599,955
85$49,681,227$1,614,395$0$25,852,414
86$54,616,849$1,561,638$0$28,331,947
87$60,051,752$1,502,142$0$31,061,738
88$66,036,730$1,435,446$0$34,067,343
89$72,627,756$1,361,063$0$37,376,930
90$79,886,508$1,278,476$0$41,021,548
91$87,880,951$1,187,140$0$45,035,421
92$96,685,976$1,086,479$0$49,456,270
93$106,384,111$975,881$0$54,325,675
94$117,066,294$854,704$0$59,689,462
95$128,832,738$722,265$0$65,598,145
96$141,793,867$577,846$0$72,107,399
97$156,071,367$420,687$0$79,278,589
98$171,799,330$249,984$0$87,179,352
99$189,125,519$64,891$0$95,884,236
100$208,212,763$0$0$105,475,405