Can I retire at age 43 with 1,280,000?

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 $1,280,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$105,701$104,760$103,841$102,944$102,069$101,129
2 years$52,327$51,353$50,408$49,493$48,604$47,658
3 years$34,538$33,560$32,618$31,710$30,837$29,912
4 years$25,646$24,670$23,737$22,846$21,993$21,098
5 years$20,311$19,341$18,421$17,548$16,719$15,856
6 years$16,756$15,794$14,887$14,033$13,229$12,399
7 years$14,218$13,264$12,371$11,537$10,759$9,962
8 years$12,315$11,369$10,492$9,678$8,925$8,162
9 years$10,836$9,899$9,036$8,244$7,516$6,787
10 years$9,653$8,726$7,878$7,106$6,404$5,707
11 years$8,686$7,768$6,936$6,185$5,508$4,843
12 years$7,881$6,972$6,155$5,425$4,773$4,140
13 years$7,200$6,301$5,499$4,789$4,162$3,560
14 years$6,617$5,727$4,941$4,251$3,649$3,076
15 years$6,112$5,232$4,461$3,791$3,212$2,669
16 years$5,671$4,800$4,045$3,395$2,839$2,324
17 years$5,282$4,421$3,681$3,050$2,517$2,030
18 years$4,936$4,085$3,360$2,749$2,238$1,778
19 years$4,628$3,786$3,076$2,484$1,995$1,560
20 years$4,350$3,518$2,823$2,250$1,782$1,371
21 years$4,100$3,277$2,596$2,042$1,595$1,208
22 years$3,872$3,059$2,393$1,856$1,429$1,065
23 years$3,664$2,861$2,210$1,691$1,283$940
24 years$3,475$2,680$2,043$1,542$1,153$831
25 years$3,300$2,515$1,893$1,408$1,038$735
26 years$3,139$2,364$1,755$1,288$935$651
27 years$2,991$2,225$1,630$1,179$843$577
28 years$2,853$2,097$1,515$1,080$761$512
29 years$2,725$1,978$1,410$990$687$454
30 years$2,606$1,868$1,313$909$621$403
31 years$2,494$1,766$1,225$835$561$358
32 years$2,390$1,671$1,142$767$507$318
33 years$2,292$1,582$1,067$705$459$283
34 years$2,201$1,500$997$649$416$251
35 years$2,114$1,422$932$597$377$224
36 years$2,033$1,350$872$550$341$199
37 years$1,956$1,282$816$507$309$177
38 years$1,884$1,219$764$467$280$157
39 years$1,815$1,159$716$431$254$140
40 years$1,750$1,102$671$397$231$125
41 years$1,688$1,049$629$367$209$111
42 years$1,630$999$590$338$190$99
43 years$1,574$952$554$312$172$88
44 years$1,521$908$520$288$156$78
45 years$1,470$866$488$266$142$70
46 years$1,422$826$458$246$129$62
47 years$1,376$788$431$227$117$55
48 years$1,332$752$405$210$106$49
49 years$1,290$718$380$194$97$44
50 years$1,250$686$358$179$88$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,280,000, adding $2,867 every year, while hoping to spend $20,866 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: 53/36/11 Blend
42$1,280,000$1,280,000$1,280,000$1,280,000
43$1,413,517$1,345,677$1,325,837$1,484,265
44$1,535,495$1,389,414$1,348,052$1,576,446
45$1,669,215$1,434,595$1,370,311$1,674,192
46$1,815,853$1,481,268$1,392,594$1,780,051
47$1,976,704$1,529,484$1,414,880$1,894,795
48$2,153,194$1,579,295$1,437,145$2,019,276
49$2,346,894$1,630,755$1,459,364$2,154,428
50$2,559,535$1,683,921$1,481,511$2,301,279
51$2,793,024$1,738,848$1,503,557$2,460,963
52$3,049,459$1,795,599$1,525,473$2,634,725
53$3,331,154$1,854,234$1,547,227$2,823,936
54$3,640,658$1,914,817$1,568,785$3,030,104
55$3,980,777$1,977,415$1,590,111$3,254,890
56$4,354,605$2,042,097$1,611,169$3,500,122
57$4,765,549$2,108,934$1,631,917$3,767,814
58$5,217,362$2,177,999$1,652,314$4,060,179
59$5,714,181$2,249,369$1,672,314$4,379,659
60$6,260,562$2,323,122$1,691,871$4,728,937
61$6,861,525$2,399,341$1,710,934$5,110,972
62$7,522,601$2,478,109$1,729,451$5,529,021
63$8,249,885$2,559,515$1,747,366$5,986,670
64$9,050,091$2,643,649$1,764,621$6,487,867
65$9,930,618$2,730,606$1,781,153$7,036,963
66$10,899,617$2,820,481$1,796,898$7,638,748
67$11,966,070$2,913,378$1,811,786$8,298,499
68$13,139,875$3,009,398$1,825,747$9,022,028
69$14,431,935$3,108,652$1,838,702$9,815,734
70$15,854,267$3,211,251$1,850,573$10,686,671
71$17,420,111$3,317,310$1,861,276$11,642,605
72$19,144,055$3,426,951$1,870,721$12,692,092
73$21,042,175$3,540,298$1,878,817$13,844,558
74$23,132,183$3,657,479$1,885,464$15,110,386
75$25,433,600$3,778,630$1,890,561$16,501,016
76$27,967,932$3,903,887$1,893,999$18,029,049
77$30,758,879$4,033,396$1,895,666$19,708,368
78$33,832,556$4,167,304$1,895,443$21,554,271
79$37,217,741$4,305,766$1,893,204$23,583,608
80$40,946,144$4,448,942$1,888,820$25,814,946
81$45,052,709$4,596,998$1,882,154$28,268,741
82$49,575,940$4,750,106$1,873,060$30,967,531
83$54,558,268$4,908,443$1,861,390$33,936,148
84$60,046,449$5,072,195$1,846,984$37,201,954
85$66,092,007$5,241,552$1,829,678$40,795,093
86$72,751,717$5,416,714$1,809,298$44,748,783
87$80,088,145$5,597,886$1,785,663$49,099,622
88$88,170,235$5,785,281$1,758,581$53,887,937
89$97,073,961$5,979,122$1,727,856$59,158,162
90$106,883,043$6,179,637$1,693,277$64,959,259
91$117,689,739$6,387,065$1,654,628$71,345,176
92$129,595,714$6,601,652$1,611,679$78,375,361
93$142,712,999$6,823,656$1,564,193$86,115,315
94$157,165,051$7,053,341$1,511,919$94,637,217
95$173,087,915$7,290,983$1,454,597$104,020,600
96$190,631,510$7,536,869$1,391,953$114,353,103
97$209,961,043$7,791,295$1,323,703$125,731,297
98$231,258,570$8,054,569$1,249,548$138,261,596
99$254,724,712$8,327,011$1,169,176$152,061,260
100$280,580,550$8,608,952$1,082,260$167,259,502