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%12.9%
1 years$106,527$105,578$104,652$103,749$102,866$101,623
2 years$52,736$51,754$50,802$49,879$48,984$47,733
3 years$34,808$33,822$32,872$31,958$31,077$29,857
4 years$25,846$24,863$23,923$23,024$22,165$20,985
5 years$20,470$19,493$18,565$17,685$16,849$15,713
6 years$16,887$15,917$15,003$14,143$13,332$12,241
7 years$14,329$13,367$12,468$11,627$10,843$9,797
8 years$12,411$11,458$10,574$9,754$8,995$7,995
9 years$10,921$9,976$9,107$8,308$7,575$6,620
10 years$9,729$8,794$7,940$7,162$6,454$5,544
11 years$8,754$7,829$6,990$6,233$5,551$4,684
12 years$7,943$7,026$6,203$5,467$4,810$3,986
13 years$7,256$6,350$5,542$4,827$4,195$3,412
14 years$6,669$5,772$4,980$4,284$3,677$2,935
15 years$6,160$5,273$4,496$3,821$3,238$2,535
16 years$5,715$4,838$4,076$3,421$2,861$2,197
17 years$5,323$4,455$3,709$3,074$2,537$1,909
18 years$4,975$4,117$3,386$2,770$2,256$1,663
19 years$4,664$3,815$3,100$2,503$2,011$1,452
20 years$4,384$3,545$2,845$2,267$1,796$1,270
21 years$4,132$3,302$2,617$2,058$1,607$1,113
22 years$3,902$3,083$2,412$1,871$1,441$976
23 years$3,693$2,883$2,227$1,704$1,293$857
24 years$3,502$2,701$2,059$1,554$1,162$754
25 years$3,326$2,535$1,907$1,419$1,046$663
26 years$3,164$2,383$1,769$1,298$942$584
27 years$3,014$2,242$1,643$1,188$849$515
28 years$2,875$2,113$1,527$1,088$766$454
29 years$2,746$1,993$1,421$998$692$400
30 years$2,626$1,882$1,324$916$625$353
31 years$2,514$1,780$1,234$841$565$312
32 years$2,409$1,684$1,151$773$511$276
33 years$2,310$1,595$1,075$711$463$244
34 years$2,218$1,511$1,004$654$419$215
35 years$2,131$1,433$939$602$380$190
36 years$2,049$1,361$879$555$344$168
37 years$1,971$1,292$822$511$312$149
38 years$1,898$1,228$770$471$283$132
39 years$1,829$1,168$721$434$256$117
40 years$1,764$1,111$676$400$232$103
41 years$1,701$1,058$634$370$211$91
42 years$1,642$1,007$595$341$191$81
43 years$1,586$960$558$315$174$71
44 years$1,533$915$524$291$158$63
45 years$1,482$872$492$268$143$56
46 years$1,433$832$462$248$130$50
47 years$1,387$794$434$229$118$44
48 years$1,342$758$408$212$107$39
49 years$1,300$724$383$196$97$34
50 years$1,259$692$360$181$88$30

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 $5,399 every year, while hoping to spend $26,106 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: 27/44/29 Blend
42$1,290,000$1,290,000$1,290,000$1,290,000
43$1,427,149$1,358,779$1,338,784$1,452,718
44$1,544,942$1,397,583$1,355,857$1,512,754
45$1,673,874$1,437,413$1,372,626$1,574,579
46$1,815,055$1,478,292$1,389,055$1,640,431
47$1,969,706$1,520,243$1,405,104$1,710,673
48$2,139,171$1,563,290$1,420,729$1,785,704
49$2,324,930$1,607,455$1,435,888$1,865,962
50$2,528,616$1,652,763$1,450,533$1,951,928
51$2,752,023$1,699,237$1,464,614$2,044,133
52$2,997,131$1,746,901$1,478,080$2,143,162
53$3,266,118$1,795,779$1,490,876$2,249,658
54$3,561,385$1,845,896$1,502,943$2,364,329
55$3,885,577$1,897,275$1,514,222$2,487,954
56$4,241,605$1,949,941$1,524,648$2,621,392
57$4,632,679$2,003,918$1,534,154$2,765,590
58$5,062,333$2,059,231$1,542,669$2,921,588
59$5,534,461$2,115,903$1,550,118$3,090,535
60$6,053,353$2,173,959$1,556,424$3,273,694
61$6,623,735$2,233,422$1,561,504$3,472,458
62$7,250,813$2,294,317$1,565,271$3,688,362
63$7,940,324$2,356,667$1,567,636$3,923,096
64$8,698,587$2,420,494$1,568,503$4,178,523
65$9,532,567$2,485,822$1,567,771$4,456,694
66$10,449,935$2,552,673$1,565,338$4,759,873
67$11,459,143$2,621,069$1,561,091$5,090,550
68$12,569,504$2,691,030$1,554,916$5,451,473
69$13,791,281$2,762,578$1,546,693$5,845,668
70$15,135,779$2,835,732$1,536,295$6,276,470
71$16,615,456$2,910,510$1,523,588$6,747,555
72$18,244,039$2,986,931$1,508,435$7,262,973
73$20,036,652$3,065,012$1,490,689$7,827,190
74$22,009,961$3,144,768$1,470,197$8,445,125
75$24,182,328$3,226,214$1,446,800$9,122,202
76$26,573,989$3,309,361$1,420,331$9,864,396
77$29,207,239$3,394,223$1,390,615$10,678,294
78$32,106,645$3,480,808$1,357,469$11,571,156
79$35,299,280$3,569,124$1,320,701$12,550,983
80$38,814,972$3,659,177$1,280,110$13,626,594
81$42,686,592$3,750,970$1,235,487$14,807,707
82$46,950,362$3,844,504$1,186,613$16,105,035
83$51,646,193$3,939,779$1,133,258$17,530,383
84$56,818,065$4,036,789$1,075,183$19,096,764
85$62,514,443$4,135,527$1,012,138$20,818,521
86$68,788,732$4,235,983$943,859$22,711,458
87$75,699,779$4,338,143$870,075$24,792,999
88$83,312,432$4,441,988$790,498$27,082,344
89$91,698,152$4,547,496$704,831$29,600,655
90$100,935,682$4,654,642$612,762$32,371,257
91$111,111,796$4,763,394$513,964$35,419,857
92$122,322,115$4,873,717$408,098$38,774,787
93$134,672,010$4,985,568$294,808$42,467,274
94$148,277,594$5,098,900$173,723$46,531,733
95$163,266,823$5,213,660$44,457$51,006,097
96$179,780,698$5,329,789$0$55,932,170
97$197,974,599$5,447,218$0$61,384,955
98$218,019,750$5,565,874$0$67,402,866
99$240,104,837$5,685,674$0$74,028,232
100$264,437,785$5,806,527$0$81,322,878