Can I retire at age 43 with 1,330,000?

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 $1,330,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$109,830$108,852$107,897$106,966$106,056$101,848
2 years$54,371$53,359$52,377$51,426$50,503$46,316
3 years$35,888$34,871$33,892$32,949$32,041$28,006
4 years$26,647$25,634$24,664$23,738$22,852$19,001
5 years$21,105$20,097$19,141$18,233$17,372$13,713
6 years$17,411$16,411$15,468$14,581$13,746$10,283
7 years$14,773$13,782$12,854$11,988$11,179$7,910
8 years$12,796$11,813$10,902$10,056$9,274$6,196
9 years$11,259$10,286$9,389$8,566$7,810$4,918
10 years$10,030$9,066$8,186$7,384$6,655$3,943
11 years$9,026$8,071$7,207$6,426$5,723$3,186
12 years$8,189$7,244$6,396$5,637$4,960$2,589
13 years$7,481$6,547$5,714$4,976$4,325$2,115
14 years$6,876$5,951$5,134$4,417$3,791$1,734
15 years$6,351$5,436$4,636$3,939$3,338$1,426
16 years$5,892$4,988$4,203$3,527$2,950$1,175
17 years$5,488$4,593$3,824$3,169$2,616$971
18 years$5,129$4,244$3,491$2,856$2,326$803
19 years$4,809$3,934$3,196$2,581$2,073$666
20 years$4,520$3,655$2,933$2,337$1,852$552
21 years$4,260$3,405$2,698$2,121$1,657$458
22 years$4,023$3,178$2,487$1,929$1,485$381
23 years$3,808$2,973$2,296$1,757$1,333$317
24 years$3,610$2,785$2,123$1,602$1,198$263
25 years$3,429$2,614$1,967$1,463$1,078$219
26 years$3,262$2,457$1,824$1,338$971$183
27 years$3,107$2,312$1,694$1,225$876$152
28 years$2,964$2,178$1,574$1,122$790$127
29 years$2,831$2,055$1,465$1,029$714$106
30 years$2,707$1,941$1,365$944$645$88
31 years$2,592$1,835$1,272$867$583$73
32 years$2,483$1,736$1,187$797$527$61
33 years$2,382$1,644$1,108$733$477$51
34 years$2,287$1,558$1,036$674$432$42
35 years$2,197$1,478$968$621$391$35
36 years$2,112$1,403$906$572$355$30
37 years$2,033$1,332$848$527$321$25
38 years$1,957$1,266$794$486$291$21
39 years$1,886$1,204$744$448$264$17
40 years$1,818$1,146$697$413$240$14
41 years$1,754$1,090$654$381$217$12
42 years$1,693$1,038$613$352$197$10
43 years$1,635$989$575$325$179$8
44 years$1,580$943$540$300$163$7
45 years$1,528$899$507$277$148$6
46 years$1,478$858$476$256$134$5
47 years$1,430$819$448$236$122$4
48 years$1,384$782$421$218$110$3
49 years$1,340$746$395$202$100$3
50 years$1,299$713$372$186$91$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,330,000, adding $6,769 every year, while hoping to spend $57,553 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: 44/41/15 Blend
42$1,330,000$1,330,000$1,330,000$1,330,000
43$1,472,642$1,402,152$1,381,537$1,530,790
44$1,561,616$1,409,622$1,366,583$1,579,601
45$1,657,736$1,415,528$1,349,198$1,626,188
46$1,761,670$1,419,735$1,329,242$1,675,439
47$1,874,154$1,422,095$1,306,565$1,727,623
48$1,995,993$1,422,453$1,281,011$1,783,041
49$2,128,077$1,420,646$1,252,417$1,842,029
50$2,271,381$1,416,497$1,220,613$1,904,957
51$2,426,978$1,409,822$1,185,420$1,972,239
52$2,596,049$1,400,423$1,146,651$2,044,333
53$2,779,894$1,388,092$1,104,111$2,121,750
54$2,979,941$1,372,606$1,057,597$2,205,056
55$3,197,762$1,353,731$1,006,893$2,294,880
56$3,435,088$1,331,218$951,779$2,391,917
57$3,693,823$1,304,803$892,019$2,496,943
58$3,976,061$1,274,207$827,370$2,610,816
59$4,284,110$1,239,134$757,578$2,734,487
60$4,620,509$1,199,271$682,376$2,869,012
61$4,988,052$1,154,286$601,487$3,015,561
62$5,389,816$1,103,829$514,620$3,175,430
63$5,829,190$1,047,529$421,471$3,350,054
64$6,309,902$984,993$321,725$3,541,026
65$6,836,060$915,805$215,051$3,750,107
66$7,412,186$839,528$101,104$3,979,247
67$8,043,261$755,697$0$4,230,607
68$8,734,769$663,822$0$4,509,857
69$9,492,751$563,384$0$4,833,845
70$10,323,858$453,837$0$5,189,361
71$11,235,418$334,601$0$5,579,708
72$12,235,500$205,066$0$6,008,538
73$13,332,995$64,587$0$6,479,882
74$14,537,692$0$0$6,998,194
75$15,860,377$0$0$7,607,878
76$17,312,930$0$0$8,309,594
77$18,908,441$0$0$9,080,544
78$20,661,326$0$0$9,927,718
79$22,587,468$0$0$10,858,813
80$24,704,365$0$0$11,882,312
81$27,031,294$0$0$13,007,559
82$29,589,493$0$0$14,244,848
83$32,402,360$0$0$15,605,522
84$35,495,675$0$0$17,102,078
85$38,897,837$0$0$18,748,283
86$42,640,141$0$0$20,559,308
87$46,757,064$0$0$22,551,866
88$51,286,592$0$0$24,744,373
89$56,270,583$0$0$27,157,121
90$61,755,153$0$0$29,812,467
91$67,791,115$0$0$32,735,047
92$74,434,459$0$0$35,952,003
93$81,746,876$0$0$39,493,245
94$89,796,343$0$0$43,391,729
95$98,657,762$0$0$47,683,768
96$108,413,664$0$0$52,409,378
97$119,154,992$0$0$57,612,648
98$130,981,953$0$0$63,342,164
99$144,004,970$0$0$69,651,461
100$158,345,713$0$0$76,599,530