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

Use the below retirement simulation to view the chances of a successful retirement.
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%13.9%
1 years$99,921$99,031$98,162$97,315$96,487$94,928
2 years$49,466$48,544$47,652$46,786$45,946$44,379
3 years$32,650$31,724$30,834$29,976$29,150$27,625
4 years$24,243$23,321$22,439$21,596$20,790$19,318
5 years$19,201$18,284$17,414$16,588$15,804$14,390
6 years$15,840$14,930$14,073$13,265$12,505$11,150
7 years$13,441$12,538$11,695$10,906$10,170$8,874
8 years$11,642$10,748$9,918$9,149$8,437$7,200
9 years$10,243$9,358$8,542$7,793$7,105$5,927
10 years$9,125$8,248$7,447$6,718$6,054$4,933
11 years$8,211$7,343$6,557$5,846$5,207$4,142
12 years$7,450$6,591$5,819$5,128$4,512$3,502
13 years$6,806$5,956$5,199$4,527$3,935$2,978
14 years$6,255$5,414$4,671$4,019$3,449$2,545
15 years$5,778$4,946$4,217$3,584$3,037$2,183
16 years$5,361$4,538$3,824$3,209$2,684$1,879
17 years$4,993$4,179$3,479$2,883$2,380$1,621
18 years$4,667$3,862$3,176$2,599$2,116$1,402
19 years$4,375$3,579$2,908$2,348$1,886$1,215
20 years$4,112$3,326$2,668$2,127$1,685$1,055
21 years$3,875$3,098$2,455$1,930$1,508$917
22 years$3,660$2,892$2,262$1,755$1,351$799
23 years$3,464$2,704$2,089$1,598$1,213$696
24 years$3,285$2,534$1,932$1,458$1,090$607
25 years$3,120$2,378$1,789$1,331$981$530
26 years$2,968$2,235$1,659$1,217$884$463
27 years$2,827$2,103$1,541$1,114$797$405
28 years$2,697$1,982$1,432$1,021$719$354
29 years$2,576$1,870$1,333$936$649$310
30 years$2,463$1,766$1,242$859$587$271
31 years$2,358$1,669$1,158$789$530$238
32 years$2,259$1,579$1,080$725$480$208
33 years$2,167$1,496$1,008$667$434$182
34 years$2,080$1,418$942$613$393$160
35 years$1,999$1,345$881$565$356$140
36 years$1,922$1,276$824$520$323$123
37 years$1,849$1,212$771$479$292$108
38 years$1,781$1,152$722$442$265$95
39 years$1,716$1,095$677$407$240$83
40 years$1,654$1,042$634$376$218$73
41 years$1,596$992$595$347$198$64
42 years$1,541$945$558$320$179$56
43 years$1,488$900$524$295$163$49
44 years$1,438$858$491$273$148$43
45 years$1,390$818$461$252$134$38
46 years$1,344$781$433$233$122$33
47 years$1,301$745$407$215$111$29
48 years$1,259$711$383$199$100$26
49 years$1,219$679$360$183$91$22
50 years$1,181$649$338$170$83$20

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 $5,345 every year, while hoping to spend $40,276 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: 70/7/23 Blend
42$1,210,000$1,210,000$1,210,000$1,210,000
43$1,338,933$1,274,803$1,256,048$1,424,576
44$1,432,651$1,294,415$1,255,273$1,502,118
45$1,534,578$1,313,639$1,253,121$1,581,756
46$1,645,510$1,332,411$1,249,505$1,667,962
47$1,766,320$1,350,667$1,244,331$1,761,384
48$1,897,971$1,368,337$1,237,503$1,862,737
49$2,041,523$1,385,344$1,228,918$1,972,806
50$2,198,140$1,401,608$1,218,469$2,092,462
51$2,369,106$1,417,043$1,206,044$2,222,659
52$2,555,834$1,431,557$1,191,525$2,364,454
53$2,759,878$1,445,052$1,174,790$2,519,009
54$2,982,950$1,457,424$1,155,710$2,687,608
55$3,226,935$1,468,561$1,134,150$2,871,662
56$3,493,907$1,478,346$1,109,969$3,072,732
57$3,786,153$1,486,651$1,083,020$3,292,535
58$4,106,186$1,493,344$1,053,147$3,532,967
59$4,456,780$1,498,280$1,020,190$3,796,115
60$4,840,984$1,501,309$983,979$4,084,283
61$5,262,161$1,502,268$944,339$4,400,009
62$5,724,010$1,500,988$901,083$4,746,092
63$6,230,608$1,497,286$854,019$5,125,617
64$6,786,447$1,490,970$802,945$5,541,988
65$7,396,471$1,481,834$747,649$5,998,952
66$8,066,128$1,469,661$687,913$6,500,646
67$8,801,419$1,454,221$623,504$7,051,626
68$9,608,956$1,435,269$554,184$7,656,918
69$10,496,020$1,412,547$479,699$8,322,060
70$11,470,633$1,385,781$399,788$9,053,157
71$12,541,633$1,354,680$314,176$9,856,942
72$13,718,756$1,318,937$222,578$10,740,835
73$15,012,730$1,278,225$124,695$11,713,015
74$16,435,370$1,232,200$20,214$12,782,498
75$17,999,697$1,180,497$0$13,959,225
76$19,720,055$1,122,730$0$15,276,553
77$21,612,248$1,058,491$0$16,730,908
78$23,693,687$987,347$0$18,330,724
79$25,983,559$908,843$0$20,090,765
80$28,503,001$822,495$0$22,027,302
81$31,275,303$727,793$0$24,158,262
82$34,326,128$624,199$0$26,503,401
83$37,683,750$511,141$0$29,084,488
84$41,379,324$388,019$0$31,925,512
85$45,447,180$254,197$0$35,052,905
86$49,925,143$109,003$0$38,495,797
87$54,854,892$0$0$42,286,286
88$60,282,353$0$0$46,463,462
89$66,258,132$0$0$51,071,970
90$72,837,989$0$0$56,146,426
91$80,083,371$0$0$61,734,228
92$88,061,982$0$0$67,887,603
93$96,848,430$0$0$74,664,102
94$106,524,926$0$0$82,127,140
95$117,182,059$0$0$90,346,598
96$128,919,656$0$0$99,399,480
97$141,847,716$0$0$109,370,637
98$156,087,453$0$0$120,353,573
99$171,772,438$0$0$132,451,324
100$189,049,859$0$0$145,777,428