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%13.4%
1 years$106,527$105,578$104,652$103,749$102,866$101,413
2 years$52,736$51,754$50,802$49,879$48,984$47,522
3 years$34,808$33,822$32,872$31,958$31,077$29,653
4 years$25,846$24,863$23,923$23,024$22,165$20,789
5 years$20,470$19,493$18,565$17,685$16,849$15,526
6 years$16,887$15,917$15,003$14,143$13,332$12,063
7 years$14,329$13,367$12,468$11,627$10,843$9,627
8 years$12,411$11,458$10,574$9,754$8,995$7,834
9 years$10,921$9,976$9,107$8,308$7,575$6,468
10 years$9,729$8,794$7,940$7,162$6,454$5,400
11 years$8,754$7,829$6,990$6,233$5,551$4,548
12 years$7,943$7,026$6,203$5,467$4,810$3,858
13 years$7,256$6,350$5,542$4,827$4,195$3,292
14 years$6,669$5,772$4,980$4,284$3,677$2,822
15 years$6,160$5,273$4,496$3,821$3,238$2,429
16 years$5,715$4,838$4,076$3,421$2,861$2,098
17 years$5,323$4,455$3,709$3,074$2,537$1,817
18 years$4,975$4,117$3,386$2,770$2,256$1,577
19 years$4,664$3,815$3,100$2,503$2,011$1,372
20 years$4,384$3,545$2,845$2,267$1,796$1,196
21 years$4,132$3,302$2,617$2,058$1,607$1,043
22 years$3,902$3,083$2,412$1,871$1,441$912
23 years$3,693$2,883$2,227$1,704$1,293$798
24 years$3,502$2,701$2,059$1,554$1,162$699
25 years$3,326$2,535$1,907$1,419$1,046$612
26 years$3,164$2,383$1,769$1,298$942$537
27 years$3,014$2,242$1,643$1,188$849$471
28 years$2,875$2,113$1,527$1,088$766$414
29 years$2,746$1,993$1,421$998$692$364
30 years$2,626$1,882$1,324$916$625$320
31 years$2,514$1,780$1,234$841$565$281
32 years$2,409$1,684$1,151$773$511$247
33 years$2,310$1,595$1,075$711$463$218
34 years$2,218$1,511$1,004$654$419$192
35 years$2,131$1,433$939$602$380$169
36 years$2,049$1,361$879$555$344$149
37 years$1,971$1,292$822$511$312$131
38 years$1,898$1,228$770$471$283$115
39 years$1,829$1,168$721$434$256$102
40 years$1,764$1,111$676$400$232$89
41 years$1,701$1,058$634$370$211$79
42 years$1,642$1,007$595$341$191$69
43 years$1,586$960$558$315$174$61
44 years$1,533$915$524$291$158$54
45 years$1,482$872$492$268$143$48
46 years$1,433$832$462$248$130$42
47 years$1,387$794$434$229$118$37
48 years$1,342$758$408$212$107$33
49 years$1,300$724$383$196$97$29
50 years$1,259$692$360$181$88$25

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 $6,428 every year, while hoping to spend $23,312 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: 25/49/26 Blend
42$1,290,000$1,290,000$1,290,000$1,290,000
43$1,428,210$1,359,840$1,339,845$1,452,087
44$1,549,084$1,401,669$1,359,927$1,514,114
45$1,681,506$1,444,766$1,379,899$1,578,161
46$1,826,628$1,489,168$1,399,735$1,646,342
47$1,985,722$1,534,915$1,419,403$1,719,021
48$2,160,186$1,582,046$1,438,873$1,796,593
49$2,351,560$1,630,602$1,458,111$1,879,496
50$2,561,543$1,680,624$1,477,081$1,968,209
51$2,792,002$1,732,157$1,495,746$2,063,259
52$3,044,998$1,785,244$1,514,064$2,165,225
53$3,322,797$1,839,931$1,531,996$2,274,745
54$3,627,900$1,896,265$1,549,495$2,392,520
55$3,963,057$1,954,294$1,566,514$2,519,318
56$4,331,302$2,014,067$1,583,005$2,655,989
57$4,735,974$2,075,635$1,598,915$2,803,464
58$5,180,753$2,139,051$1,614,189$2,962,769
59$5,669,694$2,204,368$1,628,768$3,135,034
60$6,207,262$2,271,642$1,642,591$3,321,500
61$6,798,379$2,340,929$1,655,594$3,523,536
62$7,448,466$2,412,287$1,667,709$3,742,646
63$8,163,497$2,485,776$1,678,864$3,980,488
64$8,950,052$2,561,457$1,688,985$4,238,886
65$9,815,383$2,639,395$1,697,992$4,519,850
66$10,767,479$2,719,652$1,705,801$4,825,592
67$11,815,144$2,802,296$1,712,327$5,158,547
68$12,968,075$2,887,396$1,717,477$5,521,398
69$14,236,961$2,975,020$1,721,155$5,917,100
70$15,633,577$3,065,242$1,723,259$6,348,907
71$17,170,897$3,158,135$1,723,684$6,820,402
72$18,863,219$3,253,774$1,722,318$7,335,535
73$20,726,296$3,352,237$1,719,044$7,898,652
74$22,777,487$3,453,605$1,713,740$8,514,546
75$25,035,917$3,557,959$1,706,278$9,188,492
76$27,522,664$3,665,382$1,696,521$9,926,305
77$30,260,952$3,775,962$1,684,330$10,734,389
78$33,276,370$3,889,785$1,669,557$11,619,800
79$36,597,118$4,006,943$1,652,045$12,590,312
80$40,254,269$4,127,528$1,631,634$13,654,489
81$44,282,064$4,251,636$1,608,153$14,821,768
82$48,718,232$4,379,364$1,581,423$16,102,547
83$53,604,350$4,510,811$1,551,259$17,508,280
84$58,986,233$4,646,080$1,517,466$19,051,590
85$64,914,367$4,785,276$1,479,839$20,746,386
86$71,444,384$4,928,506$1,438,165$22,607,991
87$78,637,588$5,075,880$1,392,221$24,653,292
88$86,561,534$5,227,511$1,341,773$26,900,896
89$95,290,665$5,383,513$1,286,576$29,371,304
90$104,907,012$5,544,004$1,226,376$32,087,109
91$115,500,973$5,709,106$1,160,905$35,073,206
92$127,172,161$5,878,941$1,089,884$38,357,027
93$140,030,348$6,053,636$1,013,022$41,968,800
94$154,196,499$6,233,320$930,014$45,941,837
95$169,803,914$6,418,124$840,541$50,312,843
96$186,999,485$6,608,185$744,272$55,122,269
97$205,945,085$6,803,638$640,857$60,414,686
98$226,819,094$7,004,626$529,935$66,239,215
99$249,818,081$7,211,292$411,128$72,649,982
100$275,158,662$7,423,783$284,038$79,706,635