Can I retire at age 43 with 1,300,000?

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 $1,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$107,353$106,397$105,464$104,553$103,664$101,905
2 years$53,145$52,155$51,196$50,266$49,364$47,597
3 years$35,078$34,084$33,127$32,206$31,318$29,599
4 years$26,046$25,055$24,108$23,202$22,337$20,677
5 years$20,629$19,644$18,709$17,822$16,980$15,386
6 years$17,018$16,041$15,120$14,252$13,436$11,909
7 years$14,440$13,471$12,564$11,718$10,927$9,467
8 years$12,508$11,547$10,656$9,830$9,065$7,673
9 years$11,005$10,054$9,178$8,373$7,634$6,308
10 years$9,804$8,862$8,001$7,217$6,504$5,244
11 years$8,822$7,889$7,044$6,281$5,594$4,398
12 years$8,004$7,081$6,252$5,509$4,848$3,714
13 years$7,313$6,399$5,585$4,864$4,227$3,154
14 years$6,720$5,817$5,018$4,318$3,706$2,691
15 years$6,208$5,314$4,531$3,851$3,263$2,305
16 years$5,759$4,875$4,108$3,448$2,884$1,981
17 years$5,364$4,490$3,738$3,098$2,557$1,707
18 years$5,014$4,149$3,412$2,792$2,273$1,475
19 years$4,700$3,845$3,124$2,523$2,026$1,276
20 years$4,418$3,573$2,867$2,285$1,810$1,106
21 years$4,164$3,328$2,637$2,074$1,620$961
22 years$3,932$3,107$2,430$1,885$1,452$835
23 years$3,722$2,906$2,244$1,717$1,303$727
24 years$3,529$2,722$2,075$1,566$1,171$633
25 years$3,352$2,555$1,922$1,430$1,054$552
26 years$3,188$2,401$1,783$1,308$949$481
27 years$3,037$2,260$1,655$1,197$856$420
28 years$2,897$2,129$1,539$1,097$772$367
29 years$2,767$2,009$1,432$1,006$697$320
30 years$2,646$1,897$1,334$923$630$280
31 years$2,533$1,793$1,244$848$570$245
32 years$2,427$1,697$1,160$779$515$214
33 years$2,328$1,607$1,083$716$466$187
34 years$2,235$1,523$1,012$659$422$164
35 years$2,147$1,445$946$607$382$143
36 years$2,065$1,371$885$559$347$126
37 years$1,987$1,302$829$515$314$110
38 years$1,913$1,238$776$475$285$96
39 years$1,843$1,177$727$438$258$84
40 years$1,777$1,120$681$404$234$74
41 years$1,715$1,066$639$372$212$65
42 years$1,655$1,015$599$344$193$57
43 years$1,598$967$562$317$175$50
44 years$1,545$922$528$293$159$43
45 years$1,493$879$496$271$144$38
46 years$1,444$839$466$250$131$33
47 years$1,398$800$437$231$119$29
48 years$1,353$764$411$213$108$26
49 years$1,310$730$386$197$98$22
50 years$1,269$697$363$182$89$20

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,300,000, adding $3,743 every year, while hoping to spend $55,288 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: 31/40/29 Blend
42$1,300,000$1,300,000$1,300,000$1,300,000
43$1,436,461$1,367,561$1,347,411$1,468,156
44$1,524,154$1,375,745$1,333,723$1,501,266
45$1,618,939$1,382,478$1,317,724$1,531,789
46$1,721,480$1,387,629$1,299,277$1,563,568
47$1,832,509$1,391,061$1,278,241$1,596,753
48$1,952,829$1,392,627$1,254,466$1,631,512
49$2,083,324$1,392,172$1,227,797$1,668,036
50$2,224,966$1,389,531$1,198,071$1,706,538
51$2,378,823$1,384,529$1,165,117$1,747,259
52$2,546,071$1,376,979$1,128,757$1,790,469
53$2,728,004$1,366,685$1,088,804$1,836,471
54$2,926,044$1,353,436$1,045,063$1,885,606
55$3,141,758$1,337,012$997,330$1,938,254
56$3,376,868$1,317,176$945,391$1,994,841
57$3,633,271$1,293,680$889,024$2,055,844
58$3,913,053$1,266,259$827,995$2,121,796
59$4,218,513$1,234,634$762,061$2,193,290
60$4,552,179$1,198,509$690,968$2,270,991
61$4,916,836$1,157,570$614,450$2,355,639
62$5,315,548$1,111,486$532,228$2,448,058
63$5,751,690$1,059,905$444,014$2,549,168
64$6,228,978$1,002,456$349,505$2,659,991
65$6,751,504$938,747$248,383$2,781,667
66$7,323,774$868,362$140,320$2,915,460
67$7,950,749$790,861$24,971$3,062,780
68$8,637,894$705,782$0$3,225,190
69$9,391,227$612,633$0$3,434,792
70$10,217,377$510,897$0$3,673,372
71$11,123,643$400,025$0$3,935,458
72$12,118,068$279,439$0$4,223,553
73$13,209,508$148,528$0$4,540,426
74$14,407,720$6,648$0$4,889,139
75$15,723,451$0$0$5,273,076
76$17,168,540$0$0$5,760,630
77$18,756,029$0$0$6,299,656
78$20,500,285$0$0$6,892,134
79$22,417,136$0$0$7,543,467
80$24,524,020$0$0$8,259,608
81$26,840,146$0$0$9,047,117
82$29,386,680$0$0$9,913,221
83$32,186,938$0$0$10,865,881
84$35,266,612$0$0$11,913,869
85$38,654,005$0$0$13,066,852
86$42,380,304$0$0$14,335,479
87$46,479,868$0$0$15,731,484
88$50,990,556$0$0$17,267,796
89$55,954,081$0$0$18,958,660
90$61,416,404$0$0$20,819,773
91$67,428,167$0$0$22,868,431
92$74,045,169$0$0$25,123,690
93$81,328,894$0$0$27,606,550
94$89,347,090$0$0$30,340,150
95$98,174,405$0$0$33,349,985
96$107,893,094$0$0$36,664,151
97$118,593,793$0$0$40,313,604
98$130,376,376$0$0$44,332,457
99$143,350,892$0$0$48,758,299
100$157,638,606$0$0$53,632,551