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%14.2%
1 years$104,050$103,123$102,219$101,336$100,474$98,728
2 years$51,510$50,550$49,621$48,719$47,845$46,092
3 years$33,999$33,035$32,108$31,215$30,355$28,649
4 years$25,245$24,284$23,366$22,489$21,649$20,004
5 years$19,994$19,039$18,133$17,273$16,457$14,877
6 years$16,495$15,547$14,654$13,814$13,022$11,509
7 years$13,996$13,056$12,178$11,357$10,591$9,144
8 years$12,123$11,192$10,328$9,527$8,786$7,406
9 years$10,667$9,744$8,895$8,115$7,399$6,086
10 years$9,502$8,589$7,755$6,995$6,304$5,056
11 years$8,551$7,646$6,827$6,088$5,422$4,237
12 years$7,758$6,863$6,059$5,340$4,699$3,576
13 years$7,088$6,202$5,414$4,714$4,097$3,035
14 years$6,514$5,638$4,864$4,185$3,592$2,588
15 years$6,017$5,150$4,392$3,732$3,162$2,215
16 years$5,582$4,725$3,982$3,342$2,795$1,903
17 years$5,199$4,352$3,623$3,003$2,478$1,638
18 years$4,859$4,021$3,307$2,706$2,203$1,414
19 years$4,555$3,727$3,028$2,445$1,964$1,223
20 years$4,282$3,463$2,779$2,214$1,754$1,059
21 years$4,036$3,226$2,556$2,010$1,570$919
22 years$3,811$3,011$2,356$1,827$1,407$798
23 years$3,607$2,816$2,175$1,664$1,263$694
24 years$3,420$2,639$2,012$1,518$1,135$604
25 years$3,248$2,476$1,863$1,386$1,022$526
26 years$3,090$2,327$1,728$1,267$920$459
27 years$2,944$2,190$1,605$1,160$830$400
28 years$2,808$2,064$1,492$1,063$749$349
29 years$2,682$1,947$1,388$975$676$305
30 years$2,565$1,839$1,293$895$611$266
31 years$2,455$1,738$1,205$822$552$232
32 years$2,353$1,645$1,125$755$500$203
33 years$2,256$1,558$1,050$694$452$178
34 years$2,166$1,476$981$639$409$155
35 years$2,081$1,400$917$588$371$136
36 years$2,001$1,329$858$542$336$119
37 years$1,926$1,262$803$499$304$104
38 years$1,854$1,200$752$460$276$91
39 years$1,787$1,141$705$424$250$79
40 years$1,723$1,085$660$391$227$70
41 years$1,662$1,033$619$361$206$61
42 years$1,604$984$581$333$187$53
43 years$1,549$937$545$307$170$47
44 years$1,497$894$512$284$154$41
45 years$1,447$852$480$262$140$36
46 years$1,400$813$451$242$127$31
47 years$1,355$776$424$224$115$27
48 years$1,311$740$398$207$105$24
49 years$1,270$707$374$191$95$21
50 years$1,230$675$352$177$86$18

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 $2,616 every year, while hoping to spend $52,569 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: 47/27/26 Blend
42$1,260,000$1,260,000$1,260,000$1,260,000
43$1,391,218$1,324,438$1,304,908$1,446,142
44$1,477,190$1,333,403$1,292,690$1,494,023
45$1,570,168$1,341,045$1,278,300$1,540,601
46$1,670,813$1,347,244$1,261,611$1,590,127
47$1,779,849$1,351,872$1,242,488$1,642,904
48$1,898,073$1,354,793$1,220,791$1,699,269
49$2,026,361$1,355,862$1,196,372$1,759,596
50$2,165,677$1,354,927$1,169,078$1,824,298
51$2,317,082$1,351,824$1,138,747$1,893,835
52$2,481,740$1,346,379$1,105,211$1,968,718
53$2,660,935$1,338,409$1,068,293$2,049,511
54$2,856,080$1,327,720$1,027,810$2,136,841
55$3,068,726$1,314,105$983,568$2,231,402
56$3,300,584$1,297,344$935,366$2,333,964
57$3,553,536$1,277,206$882,992$2,445,379
58$3,829,651$1,253,444$826,227$2,566,592
59$4,131,211$1,225,798$764,841$2,698,646
60$4,460,724$1,193,991$698,593$2,842,700
61$4,820,953$1,157,732$627,231$3,000,034
62$5,214,941$1,116,712$550,494$3,172,067
63$5,646,036$1,070,602$468,107$3,360,366
64$6,117,927$1,019,057$379,784$3,566,666
65$6,634,675$961,710$285,226$3,792,888
66$7,200,752$898,174$184,121$4,041,155
67$7,821,082$828,038$76,143$4,313,813
68$8,501,091$750,870$0$4,613,459
69$9,246,752$666,213$0$4,953,806
70$10,064,645$573,581$0$5,350,429
71$10,962,016$472,464$0$5,785,789
72$11,946,849$362,322$0$6,263,869
73$13,027,936$242,584$0$6,789,059
74$14,214,963$112,649$0$7,366,205
75$15,518,599$0$0$8,000,652
76$16,950,598$0$0$8,706,651
77$18,523,908$0$0$9,519,240
78$20,252,792$0$0$10,412,334
79$22,152,965$0$0$11,394,072
80$24,241,739$0$0$12,473,417
81$26,538,187$0$0$13,660,245
82$29,063,322$0$0$14,965,438
83$31,840,295$0$0$16,400,983
84$34,894,613$0$0$17,980,090
85$38,254,381$0$0$19,717,311
86$41,950,560$0$0$21,628,681
87$46,017,269$0$0$23,731,868
88$50,492,096$0$0$26,046,336
89$55,416,458$0$0$28,593,536
90$60,835,992$0$0$31,397,101
91$66,800,981$0$0$34,483,070
92$73,366,830$0$0$37,880,137
93$80,594,588$0$0$41,619,918
94$88,551,524$0$0$45,737,251
95$97,311,760$0$0$50,270,524
96$106,956,972$0$0$55,262,034
97$117,577,158$0$0$60,758,392
98$129,271,485$0$0$66,810,957
99$142,149,229$0$0$73,476,323
100$156,330,803$0$0$80,816,851