Can I retire at age 43 with 1,310,000?

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 $1,310,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.7%
1 years$108,179$107,215$106,275$105,357$104,461$102,019
2 years$53,554$52,556$51,590$50,653$49,743$47,297
3 years$35,348$34,346$33,382$32,454$31,559$29,185
4 years$26,247$25,248$24,294$23,381$22,508$20,224
5 years$20,787$19,795$18,853$17,959$17,110$14,923
6 years$17,149$16,164$15,236$14,362$13,539$11,450
7 years$14,551$13,574$12,661$11,808$11,011$9,021
8 years$12,604$11,636$10,738$9,905$9,135$7,244
9 years$11,090$10,131$9,248$8,437$7,693$5,899
10 years$9,880$8,930$8,063$7,273$6,554$4,856
11 years$8,890$7,950$7,098$6,329$5,637$4,031
12 years$8,066$7,135$6,300$5,552$4,885$3,369
13 years$7,369$6,448$5,628$4,901$4,260$2,831
14 years$6,772$5,861$5,057$4,351$3,734$2,389
15 years$6,255$5,354$4,566$3,880$3,288$2,024
16 years$5,804$4,913$4,140$3,474$2,906$1,720
17 years$5,406$4,524$3,767$3,122$2,576$1,465
18 years$5,052$4,181$3,439$2,813$2,291$1,251
19 years$4,736$3,875$3,148$2,542$2,042$1,070
20 years$4,452$3,600$2,889$2,302$1,824$916
21 years$4,196$3,354$2,657$2,089$1,632$786
22 years$3,963$3,131$2,449$1,900$1,463$675
23 years$3,750$2,928$2,261$1,730$1,313$580
24 years$3,556$2,743$2,091$1,578$1,180$499
25 years$3,377$2,574$1,937$1,441$1,062$429
26 years$3,213$2,420$1,797$1,318$957$370
27 years$3,061$2,277$1,668$1,206$863$319
28 years$2,920$2,146$1,551$1,105$778$275
29 years$2,789$2,024$1,443$1,013$703$237
30 years$2,667$1,912$1,344$930$635$204
31 years$2,553$1,807$1,253$854$574$176
32 years$2,446$1,710$1,169$785$519$152
33 years$2,346$1,619$1,092$722$470$131
34 years$2,252$1,535$1,020$664$426$113
35 years$2,164$1,456$954$611$385$98
36 years$2,081$1,382$892$563$349$85
37 years$2,002$1,312$835$519$317$73
38 years$1,928$1,247$782$478$287$63
39 years$1,858$1,186$733$441$260$54
40 years$1,791$1,128$687$407$236$47
41 years$1,728$1,074$644$375$214$41
42 years$1,668$1,023$604$346$194$35
43 years$1,611$975$567$320$176$30
44 years$1,556$929$532$295$160$26
45 years$1,505$886$500$273$145$23
46 years$1,455$845$469$252$132$20
47 years$1,408$806$441$233$120$17
48 years$1,363$770$414$215$109$15
49 years$1,320$735$389$199$99$13
50 years$1,279$702$366$184$90$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,310,000, adding $3,930 every year, while hoping to spend $57,111 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: 63/10/27 Blend
42$1,310,000$1,310,000$1,310,000$1,310,000
43$1,447,674$1,378,244$1,357,939$1,528,249
44$1,534,571$1,385,012$1,342,664$1,590,095
45$1,628,417$1,390,198$1,324,964$1,651,003
46$1,729,862$1,393,663$1,304,696$1,716,294
47$1,839,617$1,395,262$1,281,712$1,786,406
48$1,958,466$1,394,838$1,255,858$1,861,824
49$2,087,271$1,392,227$1,226,971$1,943,083
50$2,226,979$1,387,252$1,194,881$2,030,775
51$2,378,632$1,379,728$1,159,410$2,125,554
52$2,543,375$1,369,458$1,120,372$2,228,144
53$2,722,468$1,356,230$1,077,574$2,339,343
54$2,917,299$1,339,825$1,030,812$2,460,035
55$3,129,392$1,320,005$979,873$2,591,193
56$3,360,427$1,296,522$924,535$2,733,897
57$3,612,249$1,269,110$864,566$2,889,335
58$3,886,894$1,237,492$799,724$3,058,823
59$4,186,597$1,201,368$729,755$3,243,812
60$4,513,821$1,160,427$654,393$3,445,905
61$4,871,279$1,114,336$573,363$3,666,874
62$5,261,954$1,062,744$486,376$3,908,672
63$5,689,133$1,005,278$393,129$4,173,459
64$6,156,434$941,546$293,308$4,463,617
65$6,667,841$871,131$186,584$4,781,777
66$7,227,739$793,596$72,613$5,130,843
67$7,840,960$708,474$0$5,514,019
68$8,512,824$615,274$0$5,948,965
69$9,249,188$513,479$0$6,448,706
70$10,056,505$402,539$0$6,996,721
71$10,941,881$281,876$0$7,597,884
72$11,913,144$150,879$0$8,257,563
73$12,978,914$8,901$0$8,981,675
74$14,148,687$0$0$9,776,740
75$15,432,923$0$0$10,665,870
76$16,843,146$0$0$11,643,401
77$18,392,047$0$0$12,717,162
78$20,093,609$0$0$13,896,860
79$21,963,237$0$0$15,193,188
80$24,017,898$0$0$16,617,924
81$26,276,290$0$0$18,184,048
82$28,759,007$0$0$19,905,855
83$31,488,741$0$0$21,799,099
84$34,490,492$0$0$23,881,133
85$37,791,803$0$0$26,171,078
86$41,423,021$0$0$28,690,000
87$45,417,582$0$0$31,461,111
88$49,812,325$0$0$34,509,984
89$54,647,839$0$0$37,864,798
90$59,968,847$0$0$41,556,598
91$65,824,627$0$0$45,619,594
92$72,269,473$0$0$50,091,479
93$79,363,211$0$0$55,013,784
94$87,171,762$0$0$60,432,274
95$95,767,760$0$0$66,397,372
96$105,231,241$0$0$72,964,643
97$115,650,395$0$0$80,195,309
98$127,122,399$0$0$88,156,834
99$139,754,329$0$0$96,923,554
100$153,664,179$0$0$106,577,384