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%13.7%
1 years$99,921$99,031$98,162$97,315$96,487$95,006
2 years$49,466$48,544$47,652$46,786$45,946$44,458
3 years$32,650$31,724$30,834$29,976$29,150$27,700
4 years$24,243$23,321$22,439$21,596$20,790$19,390
5 years$19,201$18,284$17,414$16,588$15,804$14,459
6 years$15,840$14,930$14,073$13,265$12,505$11,215
7 years$13,441$12,538$11,695$10,906$10,170$8,936
8 years$11,642$10,748$9,918$9,149$8,437$7,259
9 years$10,243$9,358$8,542$7,793$7,105$5,982
10 years$9,125$8,248$7,447$6,718$6,054$4,985
11 years$8,211$7,343$6,557$5,846$5,207$4,191
12 years$7,450$6,591$5,819$5,128$4,512$3,549
13 years$6,806$5,956$5,199$4,527$3,935$3,022
14 years$6,255$5,414$4,671$4,019$3,449$2,585
15 years$5,778$4,946$4,217$3,584$3,037$2,221
16 years$5,361$4,538$3,824$3,209$2,684$1,914
17 years$4,993$4,179$3,479$2,883$2,380$1,654
18 years$4,667$3,862$3,176$2,599$2,116$1,433
19 years$4,375$3,579$2,908$2,348$1,886$1,244
20 years$4,112$3,326$2,668$2,127$1,685$1,081
21 years$3,875$3,098$2,455$1,930$1,508$942
22 years$3,660$2,892$2,262$1,755$1,351$821
23 years$3,464$2,704$2,089$1,598$1,213$717
24 years$3,285$2,534$1,932$1,458$1,090$626
25 years$3,120$2,378$1,789$1,331$981$547
26 years$2,968$2,235$1,659$1,217$884$479
27 years$2,827$2,103$1,541$1,114$797$419
28 years$2,697$1,982$1,432$1,021$719$368
29 years$2,576$1,870$1,333$936$649$322
30 years$2,463$1,766$1,242$859$587$282
31 years$2,358$1,669$1,158$789$530$248
32 years$2,259$1,579$1,080$725$480$217
33 years$2,167$1,496$1,008$667$434$191
34 years$2,080$1,418$942$613$393$168
35 years$1,999$1,345$881$565$356$147
36 years$1,922$1,276$824$520$323$129
37 years$1,849$1,212$771$479$292$114
38 years$1,781$1,152$722$442$265$100
39 years$1,716$1,095$677$407$240$88
40 years$1,654$1,042$634$376$218$77
41 years$1,596$992$595$347$198$68
42 years$1,541$945$558$320$179$59
43 years$1,488$900$524$295$163$52
44 years$1,438$858$491$273$148$46
45 years$1,390$818$461$252$134$40
46 years$1,344$781$433$233$122$36
47 years$1,301$745$407$215$111$31
48 years$1,259$711$383$199$100$27
49 years$1,219$679$360$183$91$24
50 years$1,181$649$338$170$83$21

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 $2,721 every year, while hoping to spend $32,231 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: 33/41/26 Blend
42$1,210,000$1,210,000$1,210,000$1,210,000
43$1,336,227$1,272,097$1,253,342$1,369,658
44$1,438,228$1,300,136$1,261,035$1,423,196
45$1,549,554$1,328,469$1,267,906$1,477,780
46$1,671,120$1,357,076$1,273,893$1,535,971
47$1,803,937$1,385,935$1,278,931$1,598,109
48$1,949,116$1,415,023$1,282,952$1,664,569
49$2,107,880$1,444,313$1,285,885$1,735,767
50$2,281,576$1,473,777$1,287,655$1,812,160
51$2,471,688$1,503,383$1,288,183$1,894,253
52$2,679,849$1,533,099$1,287,386$1,982,603
53$2,907,859$1,562,885$1,285,178$2,077,825
54$3,157,697$1,592,703$1,281,468$2,180,598
55$3,431,546$1,622,509$1,276,161$2,291,671
56$3,731,808$1,652,257$1,269,157$2,411,871
57$4,061,130$1,681,894$1,260,351$2,542,111
58$4,422,425$1,711,367$1,249,633$2,683,397
59$4,818,905$1,740,617$1,236,888$2,836,840
60$5,254,106$1,769,580$1,221,997$3,003,668
61$5,731,923$1,798,188$1,204,832$3,185,233
62$6,256,647$1,826,367$1,185,262$3,383,029
63$6,833,005$1,854,039$1,163,148$3,598,705
64$7,466,205$1,881,120$1,138,346$3,834,079
65$8,161,982$1,907,519$1,110,705$4,091,157
66$8,926,656$1,933,139$1,080,066$4,372,154
67$9,767,190$1,957,878$1,046,263$4,679,513
68$10,691,254$1,981,625$1,009,124$5,015,929
69$11,707,299$2,004,261$968,466$5,384,376
70$12,824,634$2,025,661$924,100$5,788,136
71$14,053,519$2,045,690$875,829$6,230,826
72$15,405,253$2,064,204$823,445$6,716,441
73$16,892,291$2,081,052$766,732$7,249,384
74$18,528,350$2,096,069$705,464$7,834,515
75$20,328,549$2,109,084$639,404$8,477,192
76$22,309,543$2,119,911$568,306$9,183,329
77$24,489,683$2,128,354$491,911$9,959,444
78$26,889,192$2,134,204$409,952$10,812,730
79$29,530,350$2,137,241$322,145$11,751,119
80$32,437,708$2,137,227$228,199$12,783,358
81$35,638,317$2,133,914$127,806$13,919,096
82$39,161,985$2,127,036$20,647$15,168,973
83$43,041,556$2,116,309$0$16,544,721
84$47,313,223$2,101,437$0$18,085,278
85$52,016,865$2,082,100$0$19,786,718
86$57,196,426$2,057,964$0$21,659,141
87$62,900,328$2,028,670$0$23,720,004
88$69,181,929$1,993,842$0$25,988,546
89$76,100,024$1,953,080$0$28,485,977
90$83,719,404$1,905,958$0$31,235,675
91$92,111,462$1,852,028$0$34,263,408
92$101,354,869$1,790,816$0$37,597,581
93$111,536,317$1,721,817$0$41,269,504
94$122,751,334$1,644,499$0$45,313,685
95$135,105,191$1,558,300$0$49,768,165
96$148,713,887$1,462,623$0$54,674,870
97$163,705,251$1,356,840$0$60,080,015
98$180,220,145$1,240,283$0$66,034,539
99$198,413,792$1,112,249$0$72,594,585
100$218,457,243$971,994$0$79,822,038