Can I retire at age 43 with 1,250,000?

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 $1,250,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$103,224$102,304$101,407$100,532$99,677$97,188
2 years$51,101$50,149$49,227$48,333$47,465$44,974
3 years$33,729$32,773$31,853$30,967$30,114$27,697
4 years$25,045$24,092$23,181$22,310$21,477$19,155
5 years$19,835$18,888$17,989$17,136$16,327$14,104
6 years$16,364$15,424$14,538$13,704$12,919$10,799
7 years$13,885$12,953$12,081$11,267$10,506$8,489
8 years$12,027$11,103$10,246$9,451$8,716$6,800
9 years$10,582$9,667$8,825$8,051$7,340$5,524
10 years$9,427$8,521$7,694$6,940$6,254$4,536
11 years$8,483$7,586$6,773$6,040$5,379$3,756
12 years$7,696$6,809$6,011$5,298$4,661$3,131
13 years$7,031$6,153$5,371$4,677$4,065$2,624
14 years$6,462$5,593$4,825$4,152$3,563$2,209
15 years$5,969$5,109$4,357$3,703$3,137$1,866
16 years$5,538$4,688$3,950$3,315$2,773$1,581
17 years$5,158$4,317$3,594$2,979$2,458$1,343
18 years$4,821$3,989$3,281$2,684$2,186$1,143
19 years$4,519$3,697$3,004$2,426$1,948$975
20 years$4,248$3,436$2,757$2,197$1,740$832
21 years$4,004$3,200$2,536$1,994$1,557$712
22 years$3,781$2,987$2,337$1,813$1,396$609
23 years$3,579$2,794$2,158$1,651$1,253$522
24 years$3,393$2,618$1,996$1,506$1,126$447
25 years$3,223$2,457$1,848$1,375$1,014$384
26 years$3,066$2,309$1,714$1,257$913$329
27 years$2,921$2,173$1,592$1,151$823$283
28 years$2,786$2,047$1,480$1,054$743$243
29 years$2,661$1,931$1,377$967$671$209
30 years$2,544$1,824$1,283$887$606$180
31 years$2,436$1,724$1,196$815$548$154
32 years$2,334$1,632$1,116$749$496$133
33 years$2,239$1,545$1,042$689$448$114
34 years$2,149$1,464$973$634$406$98
35 years$2,065$1,389$910$583$368$85
36 years$1,985$1,318$851$537$333$73
37 years$1,910$1,252$797$495$302$63
38 years$1,840$1,190$746$456$274$54
39 years$1,772$1,132$699$421$248$46
40 years$1,709$1,077$655$388$225$40
41 years$1,649$1,025$614$358$204$34
42 years$1,591$976$576$330$185$30
43 years$1,537$930$541$305$168$26
44 years$1,485$886$508$282$153$22
45 years$1,436$845$477$260$139$19
46 years$1,389$806$448$240$126$16
47 years$1,344$770$421$222$114$14
48 years$1,301$735$395$205$104$12
49 years$1,260$702$372$190$94$10
50 years$1,220$670$349$175$86$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,250,000, adding $2,577 every year, while hoping to spend $53,424 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: 37/35/28 Blend
42$1,250,000$1,250,000$1,250,000$1,250,000
43$1,380,158$1,313,908$1,294,533$1,419,588
44$1,464,092$1,321,447$1,281,057$1,456,504
45$1,554,796$1,327,565$1,265,339$1,491,300
46$1,652,905$1,332,135$1,247,248$1,527,864
47$1,759,116$1,335,024$1,226,646$1,566,392
48$1,874,195$1,336,090$1,203,388$1,607,102
49$1,998,985$1,335,181$1,177,324$1,650,238
50$2,134,413$1,332,136$1,148,296$1,696,074
51$2,281,498$1,326,786$1,116,138$1,744,915
52$2,441,361$1,318,949$1,080,679$1,797,102
53$2,615,235$1,308,432$1,041,737$1,853,015
54$2,804,478$1,295,034$999,124$1,913,078
55$3,010,581$1,278,537$952,641$1,977,763
56$3,235,189$1,258,714$902,083$2,047,598
57$3,480,108$1,235,321$847,233$2,123,167
58$3,747,330$1,208,102$787,866$2,205,123
59$4,039,044$1,176,786$723,746$2,294,192
60$4,357,662$1,141,084$654,627$2,391,178
61$4,705,838$1,100,691$580,251$2,496,980
62$5,086,494$1,055,286$500,350$2,612,591
63$5,502,848$1,004,526$414,643$2,739,118
64$5,958,442$948,052$322,838$2,877,788
65$6,457,177$885,481$224,627$3,029,963
66$7,003,349$816,409$119,692$3,197,155
67$7,601,689$740,411$7,699$3,381,038
68$8,257,404$657,034$0$3,583,471
69$8,976,234$565,803$0$3,839,920
70$9,764,496$466,214$0$4,123,886
71$10,629,150$357,735$0$4,435,710
72$11,577,863$239,803$0$4,778,308
73$12,619,077$111,825$0$5,154,905
74$13,762,094$0$0$5,569,063
75$15,017,159$0$0$6,035,045
76$16,395,556$0$0$6,594,300
77$17,909,720$0$0$7,208,824
78$19,573,346$0$0$7,884,200
79$21,401,522$0$0$8,626,576
80$23,410,870$0$0$9,442,728
81$25,619,703$0$0$10,340,119
82$28,048,197$0$0$11,326,972
83$30,718,578$0$0$12,412,347
84$33,655,336$0$0$13,606,226
85$36,885,452$0$0$14,919,607
86$40,438,654$0$0$16,364,607
87$44,347,696$0$0$17,954,579
88$48,648,666$0$0$19,704,232
89$53,381,326$0$0$21,629,776
90$58,589,488$0$0$23,749,070
91$64,321,425$0$0$26,081,793
92$70,630,328$0$0$28,649,630
93$77,574,804$0$0$31,476,472
94$85,219,433$0$0$34,588,645
95$93,635,372$0$0$38,015,161
96$102,901,029$0$0$41,787,982
97$113,102,801$0$0$45,942,333
98$124,335,888$0$0$50,517,024
99$136,705,193$0$0$55,554,824
100$150,326,309$0$0$61,102,860