Can I retire at age 43 with 1,210,000?

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 $1,210,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$99,921$99,031$98,162$97,315$96,487$96,081
2 years$49,466$48,544$47,652$46,786$45,946$45,536
3 years$32,650$31,724$30,834$29,976$29,150$28,749
4 years$24,243$23,321$22,439$21,596$20,790$20,400
5 years$19,201$18,284$17,414$16,588$15,804$15,428
6 years$15,840$14,930$14,073$13,265$12,505$12,142
7 years$13,441$12,538$11,695$10,906$10,170$9,821
8 years$11,642$10,748$9,918$9,149$8,437$8,102
9 years$10,243$9,358$8,542$7,793$7,105$6,783
10 years$9,125$8,248$7,447$6,718$6,054$5,746
11 years$8,211$7,343$6,557$5,846$5,207$4,912
12 years$7,450$6,591$5,819$5,128$4,512$4,230
13 years$6,806$5,956$5,199$4,527$3,935$3,666
14 years$6,255$5,414$4,671$4,019$3,449$3,193
15 years$5,778$4,946$4,217$3,584$3,037$2,793
16 years$5,361$4,538$3,824$3,209$2,684$2,452
17 years$4,993$4,179$3,479$2,883$2,380$2,159
18 years$4,667$3,862$3,176$2,599$2,116$1,907
19 years$4,375$3,579$2,908$2,348$1,886$1,687
20 years$4,112$3,326$2,668$2,127$1,685$1,497
21 years$3,875$3,098$2,455$1,930$1,508$1,330
22 years$3,660$2,892$2,262$1,755$1,351$1,183
23 years$3,464$2,704$2,089$1,598$1,213$1,054
24 years$3,285$2,534$1,932$1,458$1,090$940
25 years$3,120$2,378$1,789$1,331$981$840
26 years$2,968$2,235$1,659$1,217$884$751
27 years$2,827$2,103$1,541$1,114$797$672
28 years$2,697$1,982$1,432$1,021$719$601
29 years$2,576$1,870$1,333$936$649$539
30 years$2,463$1,766$1,242$859$587$483
31 years$2,358$1,669$1,158$789$530$433
32 years$2,259$1,579$1,080$725$480$388
33 years$2,167$1,496$1,008$667$434$349
34 years$2,080$1,418$942$613$393$313
35 years$1,999$1,345$881$565$356$281
36 years$1,922$1,276$824$520$323$253
37 years$1,849$1,212$771$479$292$227
38 years$1,781$1,152$722$442$265$204
39 years$1,716$1,095$677$407$240$184
40 years$1,654$1,042$634$376$218$165
41 years$1,596$992$595$347$198$149
42 years$1,541$945$558$320$179$134
43 years$1,488$900$524$295$163$120
44 years$1,438$858$491$273$148$108
45 years$1,390$818$461$252$134$97
46 years$1,344$781$433$233$122$88
47 years$1,301$745$407$215$111$79
48 years$1,259$711$383$199$100$71
49 years$1,219$679$360$183$91$64
50 years$1,181$649$338$170$83$58

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,210,000, adding $2,394 every year, while hoping to spend $42,367 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: 68/25/7 Blend
42$1,210,000$1,210,000$1,210,000$1,210,000
43$1,335,889$1,271,759$1,253,004$1,425,022
44$1,427,072$1,288,997$1,249,902$1,501,639
45$1,526,135$1,305,660$1,245,275$1,580,027
46$1,633,838$1,321,675$1,239,029$1,664,606
47$1,751,016$1,336,963$1,231,063$1,755,975
48$1,878,588$1,351,442$1,221,272$1,854,791
49$2,017,564$1,365,023$1,209,545$1,961,783
50$2,169,058$1,377,612$1,195,767$2,077,750
51$2,334,294$1,389,107$1,179,817$2,203,575
52$2,514,619$1,399,401$1,161,568$2,340,232
53$2,711,518$1,408,379$1,140,889$2,488,791
54$2,926,624$1,415,920$1,117,639$2,650,436
55$3,161,734$1,421,895$1,091,675$2,826,469
56$3,418,828$1,426,165$1,062,843$3,018,327
57$3,700,085$1,428,584$1,030,985$3,227,592
58$4,007,905$1,428,996$995,935$3,456,011
59$4,344,932$1,427,237$957,518$3,705,509
60$4,714,073$1,423,130$915,554$3,978,206
61$5,118,535$1,416,490$869,851$4,276,441
62$5,561,846$1,407,119$820,212$4,602,794
63$6,047,894$1,394,806$766,428$4,960,107
64$6,580,958$1,379,331$708,283$5,351,515
65$7,165,755$1,360,458$645,550$5,780,471
66$7,807,478$1,337,936$577,991$6,250,787
67$8,511,847$1,311,501$505,360$6,766,662
68$9,285,163$1,280,873$427,398$7,332,726
69$10,134,369$1,245,755$343,835$7,954,083
70$11,067,111$1,205,833$254,390$8,636,360
71$12,091,812$1,160,774$158,767$9,385,763
72$13,217,752$1,110,227$56,661$10,209,130
73$14,455,154$1,053,820$0$11,114,002
74$15,815,281$991,158$0$12,112,597
75$17,310,540$921,825$0$13,214,944
76$18,954,602$845,381$0$14,426,933
77$20,762,527$761,360$0$15,759,730
78$22,750,909$669,271$0$17,225,640
79$24,938,030$568,594$0$18,838,225
80$27,344,032$458,779$0$20,612,437
81$29,991,111$339,246$0$22,564,755
82$32,903,718$209,383$0$24,713,341
83$36,108,797$68,542$0$27,078,217
84$39,636,033$0$0$29,681,449
85$43,518,139$0$0$32,570,457
86$47,791,155$0$0$35,771,215
87$52,494,795$0$0$39,294,626
88$57,672,818$0$0$43,173,478
89$63,373,441$0$0$47,443,904
90$69,649,794$0$0$52,145,715
91$76,560,422$0$0$57,322,781
92$84,169,834$0$0$63,023,441
93$92,549,114$0$0$69,300,961
94$101,776,590$0$0$76,214,036
95$111,938,574$0$0$83,827,342
96$123,130,174$0$0$92,212,149
97$135,456,194$0$0$101,446,990
98$149,032,121$0$0$111,618,405
99$163,985,213$0$0$122,821,755
100$180,455,703$0$0$135,162,121