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

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 $1,260,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$104,050$103,123$102,219$101,336$100,474$98,245
2 years$51,510$50,550$49,621$48,719$47,845$45,610
3 years$33,999$33,035$32,108$31,215$30,355$28,185
4 years$25,245$24,284$23,366$22,489$21,649$19,561
5 years$19,994$19,039$18,133$17,273$16,457$14,456
6 years$16,495$15,547$14,654$13,814$13,022$11,110
7 years$13,996$13,056$12,178$11,357$10,591$8,768
8 years$12,123$11,192$10,328$9,527$8,786$7,053
9 years$10,667$9,744$8,895$8,115$7,399$5,754
10 years$9,502$8,589$7,755$6,995$6,304$4,745
11 years$8,551$7,646$6,827$6,088$5,422$3,947
12 years$7,758$6,863$6,059$5,340$4,699$3,305
13 years$7,088$6,202$5,414$4,714$4,097$2,783
14 years$6,514$5,638$4,864$4,185$3,592$2,354
15 years$6,017$5,150$4,392$3,732$3,162$1,998
16 years$5,582$4,725$3,982$3,342$2,795$1,701
17 years$5,199$4,352$3,623$3,003$2,478$1,453
18 years$4,859$4,021$3,307$2,706$2,203$1,243
19 years$4,555$3,727$3,028$2,445$1,964$1,065
20 years$4,282$3,463$2,779$2,214$1,754$915
21 years$4,036$3,226$2,556$2,010$1,570$786
22 years$3,811$3,011$2,356$1,827$1,407$677
23 years$3,607$2,816$2,175$1,664$1,263$583
24 years$3,420$2,639$2,012$1,518$1,135$502
25 years$3,248$2,476$1,863$1,386$1,022$433
26 years$3,090$2,327$1,728$1,267$920$374
27 years$2,944$2,190$1,605$1,160$830$323
28 years$2,808$2,064$1,492$1,063$749$279
29 years$2,682$1,947$1,388$975$676$241
30 years$2,565$1,839$1,293$895$611$209
31 years$2,455$1,738$1,205$822$552$181
32 years$2,353$1,645$1,125$755$500$156
33 years$2,256$1,558$1,050$694$452$135
34 years$2,166$1,476$981$639$409$117
35 years$2,081$1,400$917$588$371$101
36 years$2,001$1,329$858$542$336$88
37 years$1,926$1,262$803$499$304$76
38 years$1,854$1,200$752$460$276$66
39 years$1,787$1,141$705$424$250$57
40 years$1,723$1,085$660$391$227$49
41 years$1,662$1,033$619$361$206$43
42 years$1,604$984$581$333$187$37
43 years$1,549$937$545$307$170$32
44 years$1,497$894$512$284$154$28
45 years$1,447$852$480$262$140$24
46 years$1,400$813$451$242$127$21
47 years$1,355$776$424$224$115$18
48 years$1,311$740$398$207$105$16
49 years$1,270$707$374$191$95$14
50 years$1,230$675$352$177$86$12

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 $3,686 every year, while hoping to spend $39,156 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: 41/39/20 Blend
42$1,260,000$1,260,000$1,260,000$1,260,000
43$1,392,322$1,325,542$1,306,012$1,441,067
44$1,492,677$1,348,832$1,308,102$1,499,444
45$1,601,956$1,371,951$1,308,949$1,558,541
46$1,721,028$1,394,849$1,308,471$1,621,700
47$1,850,849$1,417,472$1,306,581$1,689,315
48$1,992,471$1,439,764$1,303,187$1,761,819
49$2,147,053$1,461,662$1,298,194$1,839,689
50$2,315,870$1,483,101$1,291,501$1,923,455
51$2,500,326$1,504,010$1,283,003$2,013,700
52$2,701,965$1,524,313$1,272,590$2,111,069
53$2,922,490$1,543,928$1,260,146$2,216,273
54$3,163,774$1,562,770$1,245,550$2,330,098
55$3,427,878$1,580,746$1,228,676$2,453,413
56$3,717,076$1,597,757$1,209,391$2,587,176
57$4,033,868$1,613,697$1,187,555$2,732,446
58$4,381,008$1,628,454$1,163,024$2,890,390
59$4,761,531$1,641,908$1,135,646$3,062,300
60$5,178,777$1,653,932$1,105,260$3,249,600
61$5,636,427$1,664,389$1,071,701$3,453,863
62$6,138,534$1,673,136$1,034,794$3,676,825
63$6,689,563$1,680,017$994,358$3,920,403
64$7,294,430$1,684,870$950,201$4,186,712
65$7,958,554$1,687,521$902,125$4,478,089
66$8,687,901$1,687,784$849,921$4,797,110
67$9,489,046$1,685,464$793,372$5,146,621
68$10,369,229$1,680,352$732,250$5,529,761
69$11,336,428$1,672,227$666,318$5,949,995
70$12,399,432$1,660,854$595,328$6,411,148
71$13,567,922$1,645,985$519,020$6,917,438
72$14,852,567$1,627,355$437,124$7,473,522
73$16,265,119$1,604,685$349,357$8,084,537
74$17,818,524$1,577,678$255,424$8,756,150
75$19,527,050$1,546,020$155,017$9,494,615
76$21,406,413$1,509,379$47,814$10,306,832
77$23,473,930$1,467,401$0$11,200,410
78$25,748,682$1,419,715$0$12,197,958
79$28,251,692$1,365,925$0$13,306,338
80$31,006,123$1,305,614$0$14,525,631
81$34,037,497$1,238,340$0$15,867,186
82$37,373,938$1,163,634$0$17,343,519
83$41,046,431$1,081,004$0$18,968,427
84$45,089,119$989,925$0$20,757,121
85$49,539,624$889,846$0$22,726,374
86$54,439,401$780,183$0$24,894,676
87$59,834,126$660,319$0$27,282,412
88$65,774,134$529,601$0$29,912,056
89$72,314,885$387,341$0$32,808,384
90$79,517,495$232,812$0$35,998,710
91$87,449,305$65,246$0$39,513,148
92$96,184,522$0$0$43,384,891
93$105,804,916$0$0$47,700,389
94$116,400,591$0$0$52,484,439
95$128,070,838$0$0$57,753,898
96$140,925,069$0$0$63,558,197
97$155,083,847$0$0$69,951,808
98$170,680,030$0$0$76,994,752
99$187,860,018$0$0$84,753,175
100$206,785,141$0$0$93,299,963