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

Use the below retirement simulation to view the chances of a successful retirement.
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%14.7%
1 years$107,353$106,397$105,464$104,553$103,664$101,654
2 years$53,145$52,155$51,196$50,266$49,364$47,347
3 years$35,078$34,084$33,127$32,206$31,318$29,358
4 years$26,046$25,055$24,108$23,202$22,337$20,447
5 years$20,629$19,644$18,709$17,822$16,980$15,167
6 years$17,018$16,041$15,120$14,252$13,436$11,701
7 years$14,440$13,471$12,564$11,718$10,927$9,271
8 years$12,508$11,547$10,656$9,830$9,065$7,487
9 years$11,005$10,054$9,178$8,373$7,634$6,134
10 years$9,804$8,862$8,001$7,217$6,504$5,081
11 years$8,822$7,889$7,044$6,281$5,594$4,244
12 years$8,004$7,081$6,252$5,509$4,848$3,571
13 years$7,313$6,399$5,585$4,864$4,227$3,020
14 years$6,720$5,817$5,018$4,318$3,706$2,567
15 years$6,208$5,314$4,531$3,851$3,263$2,190
16 years$5,759$4,875$4,108$3,448$2,884$1,874
17 years$5,364$4,490$3,738$3,098$2,557$1,608
18 years$5,014$4,149$3,412$2,792$2,273$1,383
19 years$4,700$3,845$3,124$2,523$2,026$1,191
20 years$4,418$3,573$2,867$2,285$1,810$1,028
21 years$4,164$3,328$2,637$2,074$1,620$889
22 years$3,932$3,107$2,430$1,885$1,452$769
23 years$3,722$2,906$2,244$1,717$1,303$666
24 years$3,529$2,722$2,075$1,566$1,171$577
25 years$3,352$2,555$1,922$1,430$1,054$501
26 years$3,188$2,401$1,783$1,308$949$435
27 years$3,037$2,260$1,655$1,197$856$378
28 years$2,897$2,129$1,539$1,097$772$328
29 years$2,767$2,009$1,432$1,006$697$285
30 years$2,646$1,897$1,334$923$630$248
31 years$2,533$1,793$1,244$848$570$216
32 years$2,427$1,697$1,160$779$515$188
33 years$2,328$1,607$1,083$716$466$164
34 years$2,235$1,523$1,012$659$422$142
35 years$2,147$1,445$946$607$382$124
36 years$2,065$1,371$885$559$347$108
37 years$1,987$1,302$829$515$314$94
38 years$1,913$1,238$776$475$285$82
39 years$1,843$1,177$727$438$258$71
40 years$1,777$1,120$681$404$234$62
41 years$1,715$1,066$639$372$212$54
42 years$1,655$1,015$599$344$193$47
43 years$1,598$967$562$317$175$41
44 years$1,545$922$528$293$159$36
45 years$1,493$879$496$271$144$31
46 years$1,444$839$466$250$131$27
47 years$1,398$800$437$231$119$24
48 years$1,353$764$411$213$108$21
49 years$1,310$730$386$197$98$18
50 years$1,269$697$363$182$89$16

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 $3,931 every year, while hoping to spend $23,608 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: 37/45/18 Blend
42$1,300,000$1,300,000$1,300,000$1,300,000
43$1,436,655$1,367,755$1,347,605$1,481,858
44$1,558,075$1,409,656$1,367,631$1,556,791
45$1,691,089$1,452,819$1,387,537$1,635,157
46$1,836,853$1,497,281$1,407,293$1,719,308
47$1,996,645$1,543,080$1,426,869$1,809,778
48$2,171,866$1,590,255$1,446,233$1,907,151
49$2,364,064$1,638,845$1,465,350$2,012,070
50$2,574,942$1,688,892$1,484,183$2,125,243
51$2,806,377$1,740,439$1,502,694$2,247,447
52$3,060,436$1,793,528$1,520,842$2,379,538
53$3,339,394$1,848,205$1,538,583$2,522,458
54$3,645,760$1,904,514$1,555,874$2,677,242
55$3,982,296$1,962,504$1,572,664$2,845,030
56$4,352,046$2,022,223$1,588,904$3,027,076
57$4,758,362$2,083,719$1,604,540$3,224,761
58$5,204,939$2,147,045$1,619,516$3,439,605
59$5,695,845$2,212,253$1,633,772$3,673,281
60$6,235,563$2,279,395$1,647,246$3,927,630
61$6,829,033$2,348,528$1,659,871$4,204,680
62$7,481,697$2,419,708$1,671,579$4,506,664
63$8,199,549$2,492,993$1,682,296$4,836,040
64$8,989,196$2,568,443$1,691,946$5,195,515
65$9,857,916$2,646,118$1,700,448$5,588,072
66$10,813,727$2,726,082$1,707,717$6,016,994
67$11,865,466$2,808,399$1,713,664$6,485,897
68$13,022,868$2,893,134$1,718,196$6,998,764
69$14,296,659$2,980,356$1,721,214$7,559,984
70$15,698,658$3,070,134$1,722,614$8,174,389
71$17,241,889$3,162,539$1,722,290$8,847,302
72$18,940,702$3,257,643$1,720,127$9,584,587
73$20,810,908$3,355,522$1,716,006$10,392,706
74$22,869,930$3,456,252$1,709,801$11,278,776
75$25,136,966$3,559,912$1,701,383$12,250,635
76$27,633,171$3,666,581$1,690,613$13,316,924
77$30,381,853$3,776,343$1,677,348$14,487,157
78$33,408,699$3,889,281$1,661,436$15,771,821
79$36,742,013$4,005,482$1,642,720$17,182,467
80$40,412,981$4,125,034$1,621,035$18,731,822
81$44,455,972$4,248,027$1,596,206$20,433,910
82$48,908,855$4,374,555$1,568,053$22,304,183
83$53,813,362$4,504,711$1,536,386$24,359,664
84$59,215,475$4,638,592$1,501,005$26,619,113
85$65,165,868$4,776,298$1,461,704$29,103,200
86$71,720,380$4,917,929$1,418,264$31,834,698
87$78,940,540$5,063,590$1,370,458$34,838,704
88$86,894,155$5,213,385$1,318,047$38,142,869
89$95,655,941$5,367,424$1,260,784$41,777,665
90$105,308,235$5,525,815$1,198,409$45,776,666
91$115,941,768$5,688,673$1,130,648$50,176,871
92$127,656,521$5,856,111$1,057,218$55,019,048
93$140,562,674$6,028,248$977,822$60,348,120
94$154,781,637$6,205,202$892,150$66,213,592
95$170,447,204$6,387,098$799,877$72,670,014
96$187,706,811$6,574,057$700,665$79,777,498
97$206,722,929$6,766,209$594,160$87,602,283
98$227,674,596$6,963,682$479,993$96,217,364
99$250,759,111$7,166,608$357,778$105,703,177
100$276,193,889$7,375,120$227,113$116,148,361