Can I retire at age 43 with 1,320,000?

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 $1,320,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$109,004$108,033$107,086$106,161$105,259$102,714
2 years$53,963$52,958$51,984$51,039$50,123$47,575
3 years$35,618$34,608$33,637$32,701$31,800$29,328
4 years$26,447$25,441$24,479$23,559$22,680$20,303
5 years$20,946$19,946$18,997$18,096$17,241$14,965
6 years$17,280$16,287$15,352$14,471$13,642$11,470
7 years$14,662$13,678$12,758$11,898$11,095$9,027
8 years$12,700$11,725$10,820$9,981$9,204$7,240
9 years$11,175$10,208$9,319$8,501$7,751$5,888
10 years$9,955$8,998$8,124$7,328$6,604$4,841
11 years$8,958$8,011$7,153$6,378$5,680$4,014
12 years$8,127$7,190$6,348$5,594$4,922$3,350
13 years$7,425$6,498$5,671$4,939$4,292$2,811
14 years$6,824$5,906$5,096$4,384$3,763$2,370
15 years$6,303$5,395$4,601$3,910$3,313$2,005
16 years$5,848$4,950$4,171$3,501$2,928$1,701
17 years$5,447$4,559$3,796$3,146$2,596$1,447
18 years$5,091$4,213$3,465$2,835$2,308$1,234
19 years$4,772$3,904$3,172$2,561$2,057$1,053
20 years$4,486$3,628$2,911$2,320$1,838$901
21 years$4,228$3,379$2,678$2,105$1,645$771
22 years$3,993$3,154$2,468$1,914$1,474$661
23 years$3,779$2,950$2,279$1,743$1,323$567
24 years$3,583$2,764$2,107$1,590$1,189$487
25 years$3,403$2,594$1,952$1,452$1,070$419
26 years$3,237$2,438$1,810$1,328$964$360
27 years$3,084$2,294$1,681$1,215$869$310
28 years$2,942$2,162$1,563$1,114$784$267
29 years$2,810$2,040$1,454$1,021$708$229
30 years$2,687$1,926$1,355$937$640$198
31 years$2,572$1,821$1,263$861$579$170
32 years$2,465$1,723$1,178$791$523$147
33 years$2,364$1,632$1,100$727$474$126
34 years$2,269$1,546$1,028$669$429$109
35 years$2,180$1,467$961$616$388$94
36 years$2,096$1,392$899$567$352$81
37 years$2,017$1,322$841$523$319$70
38 years$1,943$1,257$788$482$289$60
39 years$1,872$1,195$738$444$262$52
40 years$1,805$1,137$692$410$238$45
41 years$1,741$1,082$649$378$216$39
42 years$1,681$1,031$609$349$196$33
43 years$1,623$982$571$322$178$29
44 years$1,568$936$536$297$161$25
45 years$1,516$893$503$275$146$21
46 years$1,466$852$473$254$133$18
47 years$1,419$813$444$234$121$16
48 years$1,374$776$417$217$110$14
49 years$1,330$741$392$200$100$12
50 years$1,289$708$369$185$90$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,320,000, adding $4,717 every year, while hoping to spend $23,411 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: 65/17/18 Blend
42$1,320,000$1,320,000$1,320,000$1,320,000
43$1,459,506$1,389,546$1,369,086$1,547,540
44$1,583,466$1,432,724$1,390,041$1,650,333
45$1,719,286$1,477,234$1,410,913$1,759,504
46$1,868,150$1,523,115$1,431,676$1,878,245
47$2,031,363$1,570,410$1,452,299$2,007,493
48$2,210,363$1,619,161$1,472,752$2,148,279
49$2,406,733$1,669,412$1,493,002$2,301,738
50$2,622,216$1,721,210$1,513,014$2,469,123
51$2,858,733$1,774,601$1,532,751$2,651,809
52$3,118,400$1,829,632$1,552,175$2,851,314
53$3,403,548$1,886,355$1,571,243$3,069,310
54$3,716,743$1,944,820$1,589,913$3,307,634
55$4,060,815$2,005,080$1,608,139$3,568,316
56$4,438,878$2,067,189$1,625,871$3,853,586
57$4,854,365$2,131,202$1,643,060$4,165,904
58$5,311,057$2,197,178$1,659,649$4,507,979
59$5,813,121$2,265,176$1,675,584$4,882,795
60$6,365,146$2,335,256$1,690,802$5,293,640
61$6,972,188$2,407,482$1,705,242$5,744,135
62$7,639,820$2,481,917$1,718,836$6,238,270
63$8,374,179$2,558,628$1,731,514$6,780,440
64$9,182,028$2,637,683$1,743,202$7,375,488
65$10,070,818$2,719,153$1,753,823$8,028,751
66$11,048,761$2,803,111$1,763,295$8,746,107
67$12,124,901$2,889,630$1,771,532$9,534,032
68$13,309,206$2,978,787$1,778,444$10,399,664
69$14,612,658$3,070,661$1,783,935$11,350,866
70$16,047,359$3,165,333$1,787,906$12,396,301
71$17,626,642$3,262,886$1,790,254$13,545,517
72$19,365,199$3,363,407$1,790,867$14,809,031
73$21,279,219$3,466,984$1,789,631$16,198,436
74$23,386,540$3,573,707$1,786,424$17,726,501
75$25,706,819$3,683,670$1,781,121$19,407,300
76$28,261,714$3,796,969$1,773,588$21,256,340
77$31,075,091$3,913,703$1,763,685$23,290,708
78$34,173,249$4,033,974$1,751,268$25,529,232
79$37,585,167$4,157,885$1,736,182$27,992,662
80$41,342,778$4,285,545$1,718,267$30,703,859
81$45,481,268$4,417,064$1,697,356$33,688,016
82$50,039,413$4,552,555$1,673,273$36,972,896
83$55,059,938$4,692,136$1,645,833$40,589,091
84$60,589,927$4,835,926$1,614,844$44,570,312
85$66,681,262$4,984,048$1,580,103$48,953,706
86$73,391,115$5,136,631$1,541,401$53,780,209
87$80,782,486$5,293,803$1,498,515$59,094,931
88$88,924,799$5,455,699$1,451,215$64,947,583
89$97,894,558$5,622,457$1,399,260$71,392,941
90$107,776,063$5,794,219$1,342,396$78,491,371
91$118,662,215$5,971,128$1,280,359$86,309,392
92$130,655,383$6,153,336$1,212,873$94,920,309
93$143,868,377$6,340,995$1,139,650$104,404,901
94$158,425,510$6,534,262$1,060,387$114,852,185
95$174,463,772$6,733,301$974,770$126,360,257
96$192,134,120$6,938,276$882,468$139,037,218
97$211,602,908$7,149,359$783,138$153,002,192
98$233,053,452$7,366,725$676,421$168,386,454
99$256,687,764$7,590,554$561,940$185,334,668
100$282,728,455$7,821,030$439,305$204,006,251