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%13.6%
1 years$107,353$106,397$105,464$104,553$103,664$102,115
2 years$53,145$52,155$51,196$50,266$49,364$47,807
3 years$35,078$34,084$33,127$32,206$31,318$29,801
4 years$26,046$25,055$24,108$23,202$22,337$20,872
5 years$20,629$19,644$18,709$17,822$16,980$15,571
6 years$17,018$16,041$15,120$14,252$13,436$12,085
7 years$14,440$13,471$12,564$11,718$10,927$9,634
8 years$12,508$11,547$10,656$9,830$9,065$7,831
9 years$11,005$10,054$9,178$8,373$7,634$6,457
10 years$9,804$8,862$8,001$7,217$6,504$5,385
11 years$8,822$7,889$7,044$6,281$5,594$4,530
12 years$8,004$7,081$6,252$5,509$4,848$3,838
13 years$7,313$6,399$5,585$4,864$4,227$3,270
14 years$6,720$5,817$5,018$4,318$3,706$2,800
15 years$6,208$5,314$4,531$3,851$3,263$2,406
16 years$5,759$4,875$4,108$3,448$2,884$2,075
17 years$5,364$4,490$3,738$3,098$2,557$1,795
18 years$5,014$4,149$3,412$2,792$2,273$1,556
19 years$4,700$3,845$3,124$2,523$2,026$1,351
20 years$4,418$3,573$2,867$2,285$1,810$1,176
21 years$4,164$3,328$2,637$2,074$1,620$1,025
22 years$3,932$3,107$2,430$1,885$1,452$894
23 years$3,722$2,906$2,244$1,717$1,303$781
24 years$3,529$2,722$2,075$1,566$1,171$683
25 years$3,352$2,555$1,922$1,430$1,054$598
26 years$3,188$2,401$1,783$1,308$949$523
27 years$3,037$2,260$1,655$1,197$856$459
28 years$2,897$2,129$1,539$1,097$772$402
29 years$2,767$2,009$1,432$1,006$697$353
30 years$2,646$1,897$1,334$923$630$310
31 years$2,533$1,793$1,244$848$570$272
32 years$2,427$1,697$1,160$779$515$239
33 years$2,328$1,607$1,083$716$466$210
34 years$2,235$1,523$1,012$659$422$184
35 years$2,147$1,445$946$607$382$162
36 years$2,065$1,371$885$559$347$142
37 years$1,987$1,302$829$515$314$125
38 years$1,913$1,238$776$475$285$110
39 years$1,843$1,177$727$438$258$97
40 years$1,777$1,120$681$404$234$85
41 years$1,715$1,066$639$372$212$75
42 years$1,655$1,015$599$344$193$66
43 years$1,598$967$562$317$175$58
44 years$1,545$922$528$293$159$51
45 years$1,493$879$496$271$144$45
46 years$1,444$839$466$250$131$39
47 years$1,398$800$437$231$119$35
48 years$1,353$764$411$213$108$31
49 years$1,310$730$386$197$98$27
50 years$1,269$697$363$182$89$24

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 $6,182 every year, while hoping to spend $53,242 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: 53/26/21 Blend
42$1,300,000$1,300,000$1,300,000$1,300,000
43$1,438,977$1,370,077$1,349,927$1,506,634
44$1,529,103$1,380,561$1,338,500$1,564,306
45$1,626,638$1,389,775$1,324,906$1,620,967
46$1,732,281$1,397,600$1,309,017$1,681,490
47$1,846,801$1,403,910$1,290,696$1,746,262
48$1,971,044$1,408,570$1,269,803$1,815,708
49$2,105,939$1,411,439$1,246,190$1,890,301
50$2,252,509$1,412,364$1,219,702$1,970,565
51$2,411,881$1,411,185$1,190,178$2,057,077
52$2,585,291$1,407,732$1,157,447$2,150,477
53$2,774,102$1,401,822$1,121,333$2,251,473
54$2,979,812$1,393,264$1,081,650$2,360,847
55$3,204,072$1,381,853$1,038,204$2,479,467
56$3,448,697$1,367,372$990,793$2,608,288
57$3,715,684$1,349,594$939,205$2,748,371
58$4,007,233$1,328,273$883,218$2,900,884
59$4,325,766$1,303,154$822,600$3,067,122
60$4,673,948$1,273,962$757,111$3,248,516
61$5,054,713$1,240,408$686,496$3,446,645
62$5,471,293$1,202,187$610,493$3,663,256
63$5,927,245$1,158,975$528,825$3,900,279
64$6,426,488$1,110,429$441,205$4,159,847
65$6,973,335$1,056,185$347,331$4,444,316
66$7,572,539$995,862$246,890$4,756,287
67$8,229,330$929,052$139,553$5,098,636
68$8,949,473$855,326$24,979$5,474,537
69$9,739,314$774,232$0$5,887,496
70$10,605,844$685,289$0$6,363,186
71$11,556,764$587,992$0$6,891,471
72$12,600,554$481,804$0$7,471,555
73$13,746,559$366,161$0$8,108,741
74$15,005,070$240,465$0$8,808,877
75$16,387,424$104,085$0$9,578,410
76$17,906,112$0$0$10,424,455
77$19,574,891$0$0$11,367,341
78$21,408,920$0$0$12,436,458
79$23,424,898$0$0$13,611,780
80$25,641,222$0$0$14,904,048
81$28,078,161$0$0$16,325,100
82$30,758,047$0$0$17,887,975
83$33,705,481$0$0$19,607,042
84$36,947,573$0$0$21,498,130
85$40,514,188$0$0$23,578,681
86$44,438,234$0$0$25,867,913
87$48,755,968$0$0$28,386,998
88$53,507,339$0$0$31,159,267
89$58,736,366$0$0$34,210,427
90$64,491,548$0$0$37,568,802
91$70,826,327$0$0$41,265,602
92$77,799,588$0$0$45,335,216
93$85,476,215$0$0$49,815,538
94$93,927,701$0$0$54,748,320
95$103,232,825$0$0$60,179,572
96$113,478,393$0$0$66,159,989
97$124,760,058$0$0$72,745,434
98$137,183,219$0$0$79,997,465
99$150,864,018$0$0$87,983,911
100$165,930,434$0$0$96,779,516