Can I retire at age 43 with 1,260,000?

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 $1,260,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$104,050$103,123$102,219$101,336$100,474$96,755
2 years$51,510$50,550$49,621$48,719$47,845$44,140
3 years$33,999$33,035$32,108$31,215$30,355$26,781
4 years$25,245$24,284$23,366$22,489$21,649$18,233
5 years$19,994$19,039$18,133$17,273$16,457$13,208
6 years$16,495$15,547$14,654$13,814$13,022$9,942
7 years$13,996$13,056$12,178$11,357$10,591$7,679
8 years$12,123$11,192$10,328$9,527$8,786$6,040
9 years$10,667$9,744$8,895$8,115$7,399$4,815
10 years$9,502$8,589$7,755$6,995$6,304$3,877
11 years$8,551$7,646$6,827$6,088$5,422$3,147
12 years$7,758$6,863$6,059$5,340$4,699$2,570
13 years$7,088$6,202$5,414$4,714$4,097$2,109
14 years$6,514$5,638$4,864$4,185$3,592$1,738
15 years$6,017$5,150$4,392$3,732$3,162$1,436
16 years$5,582$4,725$3,982$3,342$2,795$1,190
17 years$5,199$4,352$3,623$3,003$2,478$988
18 years$4,859$4,021$3,307$2,706$2,203$822
19 years$4,555$3,727$3,028$2,445$1,964$685
20 years$4,282$3,463$2,779$2,214$1,754$571
21 years$4,036$3,226$2,556$2,010$1,570$477
22 years$3,811$3,011$2,356$1,827$1,407$398
23 years$3,607$2,816$2,175$1,664$1,263$333
24 years$3,420$2,639$2,012$1,518$1,135$278
25 years$3,248$2,476$1,863$1,386$1,022$233
26 years$3,090$2,327$1,728$1,267$920$195
27 years$2,944$2,190$1,605$1,160$830$163
28 years$2,808$2,064$1,492$1,063$749$137
29 years$2,682$1,947$1,388$975$676$115
30 years$2,565$1,839$1,293$895$611$96
31 years$2,455$1,738$1,205$822$552$81
32 years$2,353$1,645$1,125$755$500$68
33 years$2,256$1,558$1,050$694$452$57
34 years$2,166$1,476$981$639$409$47
35 years$2,081$1,400$917$588$371$40
36 years$2,001$1,329$858$542$336$33
37 years$1,926$1,262$803$499$304$28
38 years$1,854$1,200$752$460$276$23
39 years$1,787$1,141$705$424$250$20
40 years$1,723$1,085$660$391$227$17
41 years$1,662$1,033$619$361$206$14
42 years$1,604$984$581$333$187$12
43 years$1,549$937$545$307$170$10
44 years$1,497$894$512$284$154$8
45 years$1,447$852$480$262$140$7
46 years$1,400$813$451$242$127$6
47 years$1,355$776$424$224$115$5
48 years$1,311$740$398$207$105$4
49 years$1,270$707$374$191$95$3
50 years$1,230$675$352$177$86$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,260,000, adding $4,299 every year, while hoping to spend $36,291 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: 63/28/9 Blend
42$1,260,000$1,260,000$1,260,000$1,260,000
43$1,392,954$1,326,174$1,306,644$1,477,775
44$1,496,422$1,352,544$1,311,804$1,561,320
45$1,609,228$1,378,989$1,315,919$1,647,885
46$1,732,285$1,405,475$1,318,918$1,741,479
47$1,866,599$1,431,965$1,320,724$1,842,781
48$2,013,279$1,458,417$1,321,255$1,952,543
49$2,173,543$1,484,790$1,320,426$2,071,588
50$2,348,734$1,511,034$1,318,150$2,200,828
51$2,540,329$1,537,098$1,314,332$2,341,264
52$2,749,956$1,562,929$1,308,875$2,494,001
53$2,979,405$1,588,467$1,301,677$2,660,256
54$3,230,651$1,613,648$1,292,629$2,841,371
55$3,505,865$1,638,404$1,281,620$3,038,823
56$3,807,440$1,662,663$1,268,531$3,254,240
57$4,138,011$1,686,345$1,253,239$3,489,419
58$4,500,479$1,709,368$1,235,614$3,746,337
59$4,898,042$1,731,641$1,215,521$4,027,174
60$5,334,220$1,753,069$1,192,818$4,334,334
61$5,812,890$1,773,549$1,167,357$4,670,464
62$6,338,323$1,792,971$1,138,982$5,038,484
63$6,915,225$1,811,220$1,107,531$5,441,611
64$7,548,779$1,828,170$1,072,834$5,883,390
65$8,244,693$1,843,689$1,034,712$6,367,731
66$9,009,257$1,857,635$992,981$6,898,941
67$9,849,401$1,869,859$947,445$7,481,769
68$10,772,757$1,880,199$897,902$8,121,448
69$11,787,735$1,888,486$844,138$8,823,747
70$12,903,599$1,894,537$785,932$9,595,025
71$14,130,558$1,898,161$723,053$10,442,289
72$15,479,856$1,899,152$655,256$11,373,266
73$16,963,884$1,897,293$582,290$12,396,469
74$18,596,293$1,892,354$503,890$13,521,284
75$20,392,124$1,884,088$419,779$14,758,056
76$22,367,948$1,872,236$329,669$16,118,186
77$24,542,025$1,856,521$233,259$17,614,244
78$26,934,473$1,836,652$130,234$19,260,080
79$29,567,459$1,812,318$20,267$21,070,964
80$32,465,408$1,783,190$0$23,063,724
81$35,655,234$1,748,920$0$25,266,233
82$39,166,589$1,709,139$0$27,692,296
83$43,032,151$1,663,456$0$30,362,536
84$47,287,922$1,611,458$0$33,301,826
85$51,973,577$1,552,706$0$36,537,581
86$57,132,831$1,486,737$0$40,100,016
87$62,813,854$1,413,061$0$44,022,429
88$69,069,725$1,331,160$0$48,341,519
89$75,958,935$1,240,484$0$53,097,731
90$83,545,933$1,140,454$0$58,335,641
91$91,901,739$1,030,458$0$64,104,374
92$101,104,612$909,846$0$70,458,071
93$111,240,789$777,935$0$77,456,403
94$122,405,296$634,000$0$85,165,131
95$134,702,848$477,278$0$93,656,728
96$148,248,835$306,961$0$103,011,068
97$163,170,411$122,197$0$113,316,179
98$179,607,693$0$0$124,669,075
99$197,715,087$0$0$137,200,679
100$217,662,738$0$0$151,047,488