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%19.3%
1 years$104,050$103,123$102,219$101,336$100,474$96,717
2 years$51,510$50,550$49,621$48,719$47,845$44,103
3 years$33,999$33,035$32,108$31,215$30,355$26,745
4 years$25,245$24,284$23,366$22,489$21,649$18,200
5 years$19,994$19,039$18,133$17,273$16,457$13,177
6 years$16,495$15,547$14,654$13,814$13,022$9,913
7 years$13,996$13,056$12,178$11,357$10,591$7,652
8 years$12,123$11,192$10,328$9,527$8,786$6,015
9 years$10,667$9,744$8,895$8,115$7,399$4,792
10 years$9,502$8,589$7,755$6,995$6,304$3,857
11 years$8,551$7,646$6,827$6,088$5,422$3,128
12 years$7,758$6,863$6,059$5,340$4,699$2,553
13 years$7,088$6,202$5,414$4,714$4,097$2,094
14 years$6,514$5,638$4,864$4,185$3,592$1,724
15 years$6,017$5,150$4,392$3,732$3,162$1,424
16 years$5,582$4,725$3,982$3,342$2,795$1,179
17 years$5,199$4,352$3,623$3,003$2,478$978
18 years$4,859$4,021$3,307$2,706$2,203$813
19 years$4,555$3,727$3,028$2,445$1,964$677
20 years$4,282$3,463$2,779$2,214$1,754$564
21 years$4,036$3,226$2,556$2,010$1,570$470
22 years$3,811$3,011$2,356$1,827$1,407$393
23 years$3,607$2,816$2,175$1,664$1,263$328
24 years$3,420$2,639$2,012$1,518$1,135$274
25 years$3,248$2,476$1,863$1,386$1,022$229
26 years$3,090$2,327$1,728$1,267$920$192
27 years$2,944$2,190$1,605$1,160$830$161
28 years$2,808$2,064$1,492$1,063$749$134
29 years$2,682$1,947$1,388$975$676$112
30 years$2,565$1,839$1,293$895$611$94
31 years$2,455$1,738$1,205$822$552$79
32 years$2,353$1,645$1,125$755$500$66
33 years$2,256$1,558$1,050$694$452$55
34 years$2,166$1,476$981$639$409$46
35 years$2,081$1,400$917$588$371$39
36 years$2,001$1,329$858$542$336$33
37 years$1,926$1,262$803$499$304$27
38 years$1,854$1,200$752$460$276$23
39 years$1,787$1,141$705$424$250$19
40 years$1,723$1,085$660$391$227$16
41 years$1,662$1,033$619$361$206$13
42 years$1,604$984$581$333$187$11
43 years$1,549$937$545$307$170$9
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 $4,742 every year, while hoping to spend $33,988 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: 31/48/21 Blend
42$1,260,000$1,260,000$1,260,000$1,260,000
43$1,393,411$1,326,631$1,307,101$1,427,385
44$1,499,376$1,355,473$1,314,726$1,482,315
45$1,615,011$1,384,589$1,321,468$1,538,012
46$1,741,265$1,413,957$1,327,260$1,597,261
47$1,879,184$1,443,552$1,332,034$1,660,390
48$2,029,922$1,473,347$1,335,717$1,727,764
49$2,194,745$1,503,312$1,338,235$1,799,786
50$2,375,050$1,533,415$1,339,507$1,876,898
51$2,572,374$1,563,621$1,339,449$1,959,590
52$2,788,409$1,593,892$1,337,974$2,048,401
53$3,025,020$1,624,186$1,334,989$2,143,929
54$3,284,260$1,654,459$1,330,399$2,246,831
55$3,568,389$1,684,661$1,324,102$2,357,833
56$3,879,896$1,714,742$1,315,991$2,477,735
57$4,221,525$1,744,643$1,305,956$2,607,423
58$4,596,295$1,774,305$1,293,880$2,747,873
59$5,007,533$1,803,662$1,279,641$2,900,160
60$5,458,903$1,832,643$1,263,111$3,065,475
61$5,954,442$1,861,174$1,244,156$3,245,130
62$6,498,597$1,889,172$1,222,636$3,440,571
63$7,096,264$1,916,552$1,198,405$3,653,397
64$7,752,839$1,943,220$1,171,308$3,885,371
65$8,474,268$1,969,076$1,141,185$4,138,438
66$9,267,097$1,994,015$1,107,869$4,414,746
67$10,138,540$2,017,921$1,071,182$4,716,664
68$11,096,547$2,040,675$1,030,942$5,046,806
69$12,149,872$2,062,145$986,956$5,408,057
70$13,308,163$2,082,194$939,023$5,803,598
71$14,582,048$2,100,674$886,933$6,236,941
72$15,983,237$2,117,428$830,466$6,711,959
73$17,524,634$2,132,288$769,393$7,232,927
74$19,220,452$2,145,076$703,473$7,804,559
75$21,086,356$2,155,603$632,457$8,432,056
76$23,139,603$2,163,665$556,083$9,121,155
77$25,399,207$2,169,050$474,077$9,878,186
78$27,886,122$2,171,529$386,154$10,710,128
79$30,623,431$2,170,859$292,015$11,624,682
80$33,636,574$2,166,783$191,350$12,630,342
81$36,953,577$2,159,029$83,833$13,736,473
82$40,605,327$2,147,306$0$14,953,409
83$44,625,853$2,131,306$0$16,299,468
84$49,052,654$2,110,705$0$17,800,787
85$53,927,051$2,085,155$0$19,452,504
86$59,294,573$2,054,291$0$21,269,987
87$65,205,393$2,017,724$0$23,270,180
88$71,714,792$1,975,042$0$25,471,760
89$78,883,692$1,925,810$0$27,895,320
90$86,779,221$1,869,567$0$30,563,558
91$95,475,349$1,805,823$0$33,501,499
92$105,053,588$1,734,063$0$36,736,726
93$115,603,761$1,653,738$0$40,299,649
94$127,224,844$1,564,271$0$44,223,789
95$140,025,906$1,465,049$0$48,546,096
96$154,127,138$1,355,425$0$53,307,303
97$169,660,980$1,234,715$0$58,552,309
98$186,773,380$1,102,196$0$64,330,608
99$205,625,164$957,103$0$70,696,756
100$226,393,559$798,629$0$77,710,889