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%16.4%
1 years$98,269$97,394$96,540$95,706$94,892$92,411
2 years$48,648$47,742$46,864$46,013$45,187$42,704
3 years$32,110$31,200$30,324$29,481$28,668$26,261
4 years$23,842$22,935$22,068$21,239$20,447$18,134
5 years$18,883$17,982$17,126$16,314$15,543$13,332
6 years$15,578$14,683$13,840$13,046$12,299$10,190
7 years$13,218$12,331$11,501$10,726$10,002$7,997
8 years$11,449$10,570$9,754$8,998$8,298$6,395
9 years$10,074$9,203$8,401$7,664$6,988$5,186
10 years$8,975$8,112$7,324$6,607$5,954$4,250
11 years$8,076$7,222$6,448$5,750$5,121$3,512
12 years$7,327$6,482$5,723$5,043$4,437$2,922
13 years$6,694$5,858$5,113$4,452$3,870$2,444
14 years$6,152$5,324$4,594$3,952$3,392$2,053
15 years$5,682$4,864$4,148$3,525$2,987$1,731
16 years$5,272$4,463$3,760$3,156$2,640$1,463
17 years$4,910$4,110$3,422$2,836$2,340$1,240
18 years$4,589$3,798$3,124$2,556$2,081$1,053
19 years$4,302$3,520$2,860$2,309$1,855$896
20 years$4,044$3,271$2,624$2,091$1,657$764
21 years$3,811$3,046$2,414$1,898$1,483$651
22 years$3,600$2,844$2,225$1,726$1,329$556
23 years$3,407$2,660$2,054$1,572$1,193$475
24 years$3,230$2,492$1,900$1,433$1,072$407
25 years$3,068$2,339$1,760$1,309$965$348
26 years$2,919$2,198$1,632$1,197$869$298
27 years$2,780$2,069$1,515$1,096$784$255
28 years$2,652$1,949$1,409$1,004$707$219
29 years$2,533$1,839$1,311$921$638$188
30 years$2,422$1,737$1,221$845$577$161
31 years$2,319$1,642$1,138$776$522$138
32 years$2,222$1,553$1,062$713$472$118
33 years$2,131$1,471$992$656$427$102
34 years$2,046$1,394$927$603$387$87
35 years$1,966$1,322$866$555$350$75
36 years$1,890$1,255$810$512$317$64
37 years$1,819$1,192$759$471$288$55
38 years$1,751$1,133$710$434$261$47
39 years$1,687$1,077$666$401$236$41
40 years$1,627$1,025$624$369$214$35
41 years$1,570$976$585$341$195$30
42 years$1,515$929$549$315$176$26
43 years$1,463$885$515$290$160$22
44 years$1,414$844$483$268$145$19
45 years$1,367$805$454$248$132$16
46 years$1,322$768$426$229$120$14
47 years$1,279$733$400$211$109$12
48 years$1,238$699$376$195$99$10
49 years$1,199$668$354$180$90$9
50 years$1,162$638$333$167$82$8

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 $2,485 every year, while hoping to spend $27,991 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: 67/20/13 Blend
42$1,190,000$1,190,000$1,190,000$1,190,000
43$1,313,943$1,250,873$1,232,428$1,397,942
44$1,418,183$1,282,384$1,243,932$1,485,731
45$1,532,118$1,314,500$1,254,884$1,578,140
46$1,656,706$1,347,223$1,265,234$1,678,464
47$1,793,003$1,380,551$1,274,934$1,787,476
48$1,942,174$1,414,482$1,283,928$1,906,026
49$2,105,498$1,449,013$1,292,162$2,035,054
50$2,284,385$1,484,142$1,299,576$2,175,590
51$2,480,389$1,519,861$1,306,108$2,328,772
52$2,695,220$1,556,165$1,311,694$2,495,853
53$2,930,761$1,593,046$1,316,264$2,678,214
54$3,189,087$1,630,494$1,319,747$2,877,373
55$3,472,483$1,668,497$1,322,068$3,095,006
56$3,783,466$1,707,043$1,323,147$3,332,958
57$4,124,808$1,746,117$1,322,901$3,593,261
58$4,499,563$1,785,701$1,321,243$3,878,156
59$4,911,095$1,825,777$1,318,081$4,190,109
60$5,363,109$1,866,323$1,313,319$4,531,839
61$5,859,687$1,907,314$1,306,857$4,906,341
62$6,405,328$1,948,724$1,298,589$5,316,918
63$7,004,984$1,990,525$1,288,404$5,767,204
64$7,664,113$2,032,682$1,276,187$6,261,209
65$8,388,730$2,075,160$1,261,816$6,803,347
66$9,185,458$2,117,921$1,245,165$7,398,486
67$10,061,596$2,160,920$1,226,099$8,051,987
68$11,025,186$2,204,113$1,204,481$8,769,759
69$12,085,088$2,247,446$1,180,163$9,558,313
70$13,251,062$2,290,866$1,152,994$10,424,826
71$14,533,864$2,334,313$1,122,813$11,377,204
72$15,945,345$2,377,721$1,089,454$12,424,160
73$17,498,561$2,421,020$1,052,742$13,575,298
74$19,207,899$2,464,135$1,012,493$14,841,199
75$21,089,211$2,506,984$968,518$16,233,524
76$23,159,963$2,549,479$920,616$17,765,125
77$25,439,401$2,591,525$868,578$19,450,164
78$27,948,731$2,633,020$812,186$21,304,247
79$30,711,319$2,673,856$751,213$23,344,574
80$33,752,914$2,713,915$685,419$25,590,099
81$37,101,886$2,753,072$614,555$28,061,710
82$40,789,498$2,791,192$538,362$30,782,426
83$44,850,198$2,828,132$456,568$33,777,615
84$49,321,944$2,863,736$368,890$37,075,233
85$54,246,565$2,897,842$275,030$40,706,091
86$59,670,152$2,930,273$174,680$44,704,139
87$65,643,493$2,960,842$67,518$49,106,796
88$72,222,555$2,989,349$0$53,955,296
89$79,469,009$3,015,581$0$59,301,581
90$87,450,814$3,039,310$0$65,199,649
91$96,242,855$3,060,295$0$71,695,365
92$105,927,655$3,078,278$0$78,849,604
93$116,596,148$3,092,985$0$86,729,448
94$128,348,538$3,104,124$0$95,408,823
95$141,295,249$3,111,387$0$104,969,192
96$155,557,962$3,114,443$0$115,500,328
97$171,270,766$3,112,942$0$127,101,161
98$188,581,422$3,106,513$0$139,880,709
99$207,652,756$3,094,762$0$153,959,114
100$228,664,202$3,077,271$0$169,468,767