Can I retire at age 43 with 1,290,000?

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 $1,290,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$106,527$105,578$104,652$103,749$102,866$99,296
2 years$52,736$51,754$50,802$49,879$48,984$45,423
3 years$34,808$33,822$32,872$31,958$31,077$27,639
4 years$25,846$24,863$23,923$23,024$22,165$18,875
5 years$20,470$19,493$18,565$17,685$16,849$13,716
6 years$16,887$15,917$15,003$14,143$13,332$10,359
7 years$14,329$13,367$12,468$11,627$10,843$8,028
8 years$12,411$11,458$10,574$9,754$8,995$6,337
9 years$10,921$9,976$9,107$8,308$7,575$5,070
10 years$9,729$8,794$7,940$7,162$6,454$4,099
11 years$8,754$7,829$6,990$6,233$5,551$3,340
12 years$7,943$7,026$6,203$5,467$4,810$2,738
13 years$7,256$6,350$5,542$4,827$4,195$2,256
14 years$6,669$5,772$4,980$4,284$3,677$1,867
15 years$6,160$5,273$4,496$3,821$3,238$1,549
16 years$5,715$4,838$4,076$3,421$2,861$1,289
17 years$5,323$4,455$3,709$3,074$2,537$1,075
18 years$4,975$4,117$3,386$2,770$2,256$899
19 years$4,664$3,815$3,100$2,503$2,011$752
20 years$4,384$3,545$2,845$2,267$1,796$630
21 years$4,132$3,302$2,617$2,058$1,607$528
22 years$3,902$3,083$2,412$1,871$1,441$443
23 years$3,693$2,883$2,227$1,704$1,293$373
24 years$3,502$2,701$2,059$1,554$1,162$313
25 years$3,326$2,535$1,907$1,419$1,046$263
26 years$3,164$2,383$1,769$1,298$942$222
27 years$3,014$2,242$1,643$1,188$849$186
28 years$2,875$2,113$1,527$1,088$766$157
29 years$2,746$1,993$1,421$998$692$132
30 years$2,626$1,882$1,324$916$625$111
31 years$2,514$1,780$1,234$841$565$94
32 years$2,409$1,684$1,151$773$511$79
33 years$2,310$1,595$1,075$711$463$67
34 years$2,218$1,511$1,004$654$419$56
35 years$2,131$1,433$939$602$380$47
36 years$2,049$1,361$879$555$344$40
37 years$1,971$1,292$822$511$312$34
38 years$1,898$1,228$770$471$283$28
39 years$1,829$1,168$721$434$256$24
40 years$1,764$1,111$676$400$232$20
41 years$1,701$1,058$634$370$211$17
42 years$1,642$1,007$595$341$191$14
43 years$1,586$960$558$315$174$12
44 years$1,533$915$524$291$158$10
45 years$1,482$872$492$268$143$9
46 years$1,433$832$462$248$130$7
47 years$1,387$794$434$229$118$6
48 years$1,342$758$408$212$107$5
49 years$1,300$724$383$196$97$4
50 years$1,259$692$360$181$88$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,290,000, adding $2,053 every year, while hoping to spend $44,729 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: 52/21/27 Blend
42$1,290,000$1,290,000$1,290,000$1,290,000
43$1,423,698$1,355,328$1,335,333$1,486,865
44$1,521,324$1,374,147$1,332,475$1,549,755
45$1,627,408$1,392,390$1,328,022$1,613,431
46$1,742,767$1,409,981$1,321,874$1,681,807
47$1,868,297$1,426,838$1,313,925$1,755,352
48$2,004,986$1,442,876$1,304,065$1,834,581
49$2,153,921$1,458,002$1,292,177$1,920,064
50$2,316,296$1,472,120$1,278,140$2,012,431
51$2,493,427$1,485,123$1,261,827$2,112,377
52$2,686,764$1,496,901$1,243,105$2,220,672
53$2,897,899$1,507,334$1,221,834$2,338,163
54$3,128,589$1,516,297$1,197,869$2,465,788
55$3,380,764$1,523,655$1,171,058$2,604,582
56$3,656,553$1,529,265$1,141,239$2,755,687
57$3,958,297$1,532,975$1,108,246$2,920,367
58$4,288,576$1,534,623$1,071,905$3,100,014
59$4,650,228$1,534,038$1,032,031$3,296,168
60$5,046,383$1,531,036$988,435$3,510,526
61$5,480,482$1,525,426$940,916$3,744,965
62$5,956,320$1,517,000$889,266$4,001,554
63$6,478,073$1,505,542$833,265$4,282,578
64$7,050,343$1,490,820$772,685$4,590,560
65$7,678,197$1,472,589$707,289$4,928,282
66$8,367,216$1,450,589$636,827$5,298,818
67$9,123,550$1,424,545$561,038$5,705,556
68$9,953,970$1,394,166$479,651$6,152,239
69$10,865,937$1,359,142$392,381$6,642,993
70$11,867,670$1,319,148$298,934$7,182,375
71$12,968,222$1,273,835$198,997$7,775,410
72$14,177,567$1,222,840$92,250$8,427,643
73$15,506,692$1,165,772$0$9,145,190
74$16,967,704$1,102,224$0$9,941,043
75$18,573,937$1,031,760$0$10,845,170
76$20,340,085$953,923$0$11,839,287
77$22,282,335$868,227$0$12,932,560
78$24,418,524$774,160$0$14,135,098
79$26,768,300$671,181$0$15,458,039
80$29,353,315$558,718$0$16,913,664
81$32,197,423$436,164$0$18,515,508
82$35,326,908$302,884$0$20,278,491
83$38,770,728$158,200$0$22,219,059
84$42,560,792$1,402$0$24,355,338
85$46,732,260$0$0$26,707,309
86$51,323,871$0$0$29,335,879
87$56,378,311$0$0$32,229,921
88$61,942,616$0$0$35,416,061
89$68,068,611$0$0$38,923,996
90$74,813,406$0$0$42,786,449
91$82,239,926$0$0$47,039,476
92$90,417,510$0$0$51,722,810
93$99,422,566$0$0$56,880,230
94$109,339,285$0$0$62,559,982
95$120,260,442$0$0$68,815,223
96$132,288,265$0$0$75,704,534
97$145,535,407$0$0$83,292,465
98$160,125,999$0$0$91,650,147
99$176,196,830$0$0$100,855,959
100$193,898,633$0$0$110,996,276