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%16.9%
1 years$109,830$108,852$107,897$106,966$106,056$103,074
2 years$54,371$53,359$52,377$51,426$50,503$47,522
3 years$35,888$34,871$33,892$32,949$32,041$29,154
4 years$26,647$25,634$24,664$23,738$22,852$20,080
5 years$21,105$20,097$19,141$18,233$17,372$14,724
6 years$17,411$16,411$15,468$14,581$13,746$11,224
7 years$14,773$13,782$12,854$11,988$11,179$8,783
8 years$12,796$11,813$10,902$10,056$9,274$7,003
9 years$11,259$10,286$9,389$8,566$7,810$5,661
10 years$10,030$9,066$8,186$7,384$6,655$4,626
11 years$9,026$8,071$7,207$6,426$5,723$3,811
12 years$8,189$7,244$6,396$5,637$4,960$3,160
13 years$7,481$6,547$5,714$4,976$4,325$2,634
14 years$6,876$5,951$5,134$4,417$3,791$2,205
15 years$6,351$5,436$4,636$3,939$3,338$1,852
16 years$5,892$4,988$4,203$3,527$2,950$1,561
17 years$5,488$4,593$3,824$3,169$2,616$1,318
18 years$5,129$4,244$3,491$2,856$2,326$1,115
19 years$4,809$3,934$3,196$2,581$2,073$945
20 years$4,520$3,655$2,933$2,337$1,852$802
21 years$4,260$3,405$2,698$2,121$1,657$682
22 years$4,023$3,178$2,487$1,929$1,485$580
23 years$3,808$2,973$2,296$1,757$1,333$494
24 years$3,610$2,785$2,123$1,602$1,198$421
25 years$3,429$2,614$1,967$1,463$1,078$359
26 years$3,262$2,457$1,824$1,338$971$306
27 years$3,107$2,312$1,694$1,225$876$261
28 years$2,964$2,178$1,574$1,122$790$223
29 years$2,831$2,055$1,465$1,029$714$190
30 years$2,707$1,941$1,365$944$645$162
31 years$2,592$1,835$1,272$867$583$139
32 years$2,483$1,736$1,187$797$527$119
33 years$2,382$1,644$1,108$733$477$101
34 years$2,287$1,558$1,036$674$432$87
35 years$2,197$1,478$968$621$391$74
36 years$2,112$1,403$906$572$355$63
37 years$2,033$1,332$848$527$321$54
38 years$1,957$1,266$794$486$291$46
39 years$1,886$1,204$744$448$264$40
40 years$1,818$1,146$697$413$240$34
41 years$1,754$1,090$654$381$217$29
42 years$1,693$1,038$613$352$197$25
43 years$1,635$989$575$325$179$21
44 years$1,580$943$540$300$163$18
45 years$1,528$899$507$277$148$15
46 years$1,478$858$476$256$134$13
47 years$1,430$819$448$236$122$11
48 years$1,384$782$421$218$110$10
49 years$1,340$746$395$202$100$8
50 years$1,299$713$372$186$91$7

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 $2,749 every year, while hoping to spend $48,580 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: 76/18/6 Blend
42$1,330,000$1,330,000$1,330,000$1,330,000
43$1,468,496$1,398,006$1,377,391$1,579,027
44$1,566,593$1,414,819$1,371,844$1,668,834
45$1,673,069$1,430,828$1,364,484$1,760,720
46$1,788,726$1,445,942$1,355,198$1,860,011
47$1,914,447$1,460,065$1,343,868$1,967,422
48$2,051,205$1,473,092$1,330,372$2,083,740
49$2,200,068$1,484,915$1,314,581$2,209,833
50$2,362,215$1,495,415$1,296,359$2,346,655
51$2,538,940$1,504,469$1,275,565$2,495,258
52$2,731,667$1,511,944$1,252,052$2,656,803
53$2,941,966$1,517,698$1,225,665$2,832,567
54$3,171,563$1,521,581$1,196,241$3,023,958
55$3,422,358$1,523,435$1,163,611$3,232,527
56$3,696,445$1,523,089$1,127,598$3,459,984
57$3,996,126$1,520,364$1,088,016$3,708,213
58$4,323,937$1,515,069$1,044,672$3,979,289
59$4,682,672$1,507,001$997,362$4,275,502
60$5,075,406$1,495,944$945,874$4,599,372
61$5,505,524$1,481,672$889,987$4,953,681
62$5,976,755$1,463,942$829,470$5,341,489
63$6,493,206$1,442,498$764,079$5,766,175
64$7,059,401$1,417,067$693,563$6,231,459
65$7,680,319$1,387,363$617,658$6,741,443
66$8,361,449$1,353,081$536,086$7,300,647
67$9,108,832$1,313,898$448,560$7,914,054
68$9,929,126$1,269,471$354,780$8,587,156
69$10,829,662$1,219,441$254,431$9,326,006
70$11,818,517$1,163,424$147,184$10,137,277
71$12,904,589$1,101,015$32,698$11,028,323
72$14,097,679$1,031,786$0$12,007,250
73$15,408,584$955,285$0$13,088,721
74$16,849,199$871,033$0$14,279,461
75$18,432,628$778,524$0$15,588,256
76$20,173,308$677,224$0$17,027,095
77$22,087,145$566,568$0$18,609,194
78$24,191,663$445,959$0$20,349,115
79$26,506,167$314,765$0$22,262,910
80$29,051,930$172,323$0$24,368,269
81$31,852,389$17,928$0$26,684,687
82$34,933,364$0$0$29,233,651
83$38,323,308$0$0$32,068,386
84$42,053,569$0$0$35,191,667
85$46,158,687$0$0$38,628,871
86$50,676,719$0$0$42,411,870
87$55,649,602$0$0$46,575,785
88$61,123,539$0$0$51,159,314
89$67,149,446$0$0$56,205,095
90$73,783,421$0$0$61,760,114
91$81,087,280$0$0$67,876,140
92$89,129,138$0$0$74,610,221
93$97,984,052$0$0$82,025,216
94$107,734,724$0$0$90,190,389
95$118,472,288$0$0$99,182,067
96$130,297,165$0$0$109,084,351
97$143,320,012$0$0$119,989,919
98$157,662,764$0$0$132,000,892
99$173,459,786$0$0$145,229,802
100$190,859,141$0$0$159,800,653