Can I retire at age 43 with 1,200,000?

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 $1,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$99,095$98,212$97,351$96,510$95,690$92,295
2 years$49,057$48,143$47,258$46,399$45,567$42,182
3 years$32,380$31,462$30,579$29,728$28,909$25,642
4 years$24,043$23,128$22,254$21,418$20,618$17,493
5 years$19,042$18,133$17,270$16,451$15,674$12,699
6 years$15,709$14,807$13,956$13,156$12,402$9,580
7 years$13,329$12,435$11,598$10,816$10,086$7,416
8 years$11,546$10,659$9,836$9,073$8,367$5,847
9 years$10,159$9,280$8,472$7,729$7,047$4,672
10 years$9,050$8,180$7,386$6,662$6,004$3,772
11 years$8,143$7,282$6,502$5,798$5,164$3,070
12 years$7,388$6,536$5,771$5,086$4,475$2,514
13 years$6,750$5,907$5,156$4,490$3,902$2,068
14 years$6,204$5,369$4,632$3,986$3,421$1,709
15 years$5,730$4,905$4,182$3,554$3,012$1,416
16 years$5,316$4,500$3,792$3,183$2,662$1,177
17 years$4,952$4,144$3,451$2,860$2,360$980
18 years$4,628$3,830$3,150$2,577$2,098$818
19 years$4,339$3,549$2,884$2,329$1,870$683
20 years$4,078$3,298$2,646$2,109$1,671$572
21 years$3,843$3,072$2,434$1,914$1,495$479
22 years$3,630$2,868$2,244$1,740$1,340$401
23 years$3,435$2,682$2,071$1,585$1,203$336
24 years$3,257$2,513$1,916$1,446$1,081$282
25 years$3,094$2,358$1,774$1,320$973$237
26 years$2,943$2,216$1,646$1,207$876$199
27 years$2,804$2,086$1,528$1,105$790$167
28 years$2,675$1,966$1,421$1,012$713$141
29 years$2,555$1,854$1,322$928$644$118
30 years$2,443$1,751$1,231$852$582$99
31 years$2,338$1,655$1,148$782$526$84
32 years$2,241$1,566$1,071$719$476$70
33 years$2,149$1,483$1,000$661$431$59
34 years$2,063$1,406$934$608$390$50
35 years$1,982$1,333$874$560$353$42
36 years$1,906$1,266$817$516$320$35
37 years$1,834$1,202$765$475$290$30
38 years$1,766$1,142$716$438$263$25
39 years$1,702$1,086$671$404$238$21
40 years$1,641$1,034$629$373$216$18
41 years$1,583$984$590$344$196$15
42 years$1,528$937$553$317$178$13
43 years$1,476$893$519$293$162$11
44 years$1,426$851$487$270$147$9
45 years$1,378$811$458$250$133$7
46 years$1,333$774$430$231$121$6
47 years$1,290$739$404$213$110$5
48 years$1,249$705$379$197$100$4
49 years$1,209$673$357$182$91$4
50 years$1,172$643$335$168$82$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,200,000, adding $3,462 every year, while hoping to spend $41,201 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: 66/19/15 Blend
42$1,200,000$1,200,000$1,200,000$1,200,000
43$1,325,971$1,262,371$1,243,771$1,408,532
44$1,417,383$1,280,390$1,241,600$1,482,144
45$1,516,737$1,297,910$1,237,975$1,557,449
46$1,624,802$1,314,865$1,232,804$1,638,741
47$1,742,419$1,331,181$1,225,991$1,726,602
48$1,870,518$1,346,782$1,217,434$1,821,678
49$2,010,120$1,361,583$1,207,028$1,924,677
50$2,162,349$1,375,497$1,194,660$2,036,384
51$2,328,442$1,388,430$1,180,214$2,157,661
52$2,509,761$1,400,281$1,163,569$2,289,459
53$2,707,805$1,410,943$1,144,596$2,432,828
54$2,924,223$1,420,301$1,123,163$2,588,926
55$3,160,833$1,428,235$1,099,128$2,759,026
56$3,419,635$1,434,616$1,072,346$2,944,536
57$3,702,832$1,439,306$1,042,663$3,147,007
58$4,012,847$1,442,159$1,009,919$3,368,149
59$4,352,353$1,443,020$973,947$3,609,848
60$4,724,290$1,441,724$934,571$3,874,182
61$5,131,895$1,438,097$891,607$4,163,443
62$5,578,738$1,431,952$844,865$4,480,161
63$6,068,744$1,423,094$794,143$4,827,121
64$6,606,243$1,411,311$739,233$5,207,396
65$7,195,998$1,396,384$679,916$5,624,376
66$7,843,260$1,378,077$615,963$6,081,796
67$8,553,810$1,356,141$547,136$6,583,774
68$9,334,019$1,330,312$473,185$7,134,854
69$10,190,902$1,300,310$393,850$7,740,041
70$11,132,188$1,265,840$308,858$8,404,856
71$12,166,394$1,226,588$217,927$9,135,387
72$13,302,897$1,182,223$120,759$9,938,343
73$14,552,034$1,132,392$17,046$10,821,124
74$15,925,188$1,076,726$0$11,791,886
75$17,434,902$1,014,831$0$12,874,607
76$19,094,996$946,291$0$14,068,100
77$20,920,693$870,668$0$15,380,621
78$22,928,769$787,496$0$16,824,276
79$25,137,706$696,285$0$18,412,409
80$27,567,864$596,515$0$20,159,727
81$30,241,682$487,640$0$22,082,439
82$33,183,879$369,080$0$24,198,408
83$36,421,692$240,223$0$26,527,323
84$39,985,134$100,423$0$29,090,882
85$43,907,273$0$0$31,913,001
86$48,224,544$0$0$35,030,701
87$52,977,098$0$0$38,485,942
88$58,209,172$0$0$42,289,905
89$63,969,512$0$0$46,478,042
90$70,311,831$0$0$51,089,418
91$77,295,317$0$0$56,167,078
92$84,985,185$0$0$61,758,456
93$93,453,301$0$0$67,915,817
94$102,778,854$0$0$74,696,757
95$113,049,102$0$0$82,164,739
96$124,360,199$0$0$90,389,695
97$136,818,102$0$0$99,448,688
98$150,539,565$0$0$109,426,634
99$165,653,247$0$0$120,417,107
100$182,300,922$0$0$132,523,221