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

Use the below retirement simulation to view the chances of a successful retirement.
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%11.7%
1 years$109,830$108,852$107,897$106,966$106,056$105,299
2 years$54,371$53,359$52,377$51,426$50,503$49,740
3 years$35,888$34,871$33,892$32,949$32,041$31,295
4 years$26,647$25,634$24,664$23,738$22,852$22,129
5 years$21,105$20,097$19,141$18,233$17,372$16,674
6 years$17,411$16,411$15,468$14,581$13,746$13,074
7 years$14,773$13,782$12,854$11,988$11,179$10,534
8 years$12,796$11,813$10,902$10,056$9,274$8,655
9 years$11,259$10,286$9,389$8,566$7,810$7,218
10 years$10,030$9,066$8,186$7,384$6,655$6,088
11 years$9,026$8,071$7,207$6,426$5,723$5,182
12 years$8,189$7,244$6,396$5,637$4,960$4,444
13 years$7,481$6,547$5,714$4,976$4,325$3,833
14 years$6,876$5,951$5,134$4,417$3,791$3,323
15 years$6,351$5,436$4,636$3,939$3,338$2,894
16 years$5,892$4,988$4,203$3,527$2,950$2,528
17 years$5,488$4,593$3,824$3,169$2,616$2,216
18 years$5,129$4,244$3,491$2,856$2,326$1,947
19 years$4,809$3,934$3,196$2,581$2,073$1,715
20 years$4,520$3,655$2,933$2,337$1,852$1,513
21 years$4,260$3,405$2,698$2,121$1,657$1,337
22 years$4,023$3,178$2,487$1,929$1,485$1,184
23 years$3,808$2,973$2,296$1,757$1,333$1,049
24 years$3,610$2,785$2,123$1,602$1,198$931
25 years$3,429$2,614$1,967$1,463$1,078$827
26 years$3,262$2,457$1,824$1,338$971$735
27 years$3,107$2,312$1,694$1,225$876$654
28 years$2,964$2,178$1,574$1,122$790$582
29 years$2,831$2,055$1,465$1,029$714$519
30 years$2,707$1,941$1,365$944$645$462
31 years$2,592$1,835$1,272$867$583$412
32 years$2,483$1,736$1,187$797$527$368
33 years$2,382$1,644$1,108$733$477$328
34 years$2,287$1,558$1,036$674$432$293
35 years$2,197$1,478$968$621$391$262
36 years$2,112$1,403$906$572$355$234
37 years$2,033$1,332$848$527$321$209
38 years$1,957$1,266$794$486$291$187
39 years$1,886$1,204$744$448$264$167
40 years$1,818$1,146$697$413$240$149
41 years$1,754$1,090$654$381$217$133
42 years$1,693$1,038$613$352$197$119
43 years$1,635$989$575$325$179$107
44 years$1,580$943$540$300$163$95
45 years$1,528$899$507$277$148$85
46 years$1,478$858$476$256$134$76
47 years$1,430$819$448$236$122$68
48 years$1,384$782$421$218$110$61
49 years$1,340$746$395$202$100$55
50 years$1,299$713$372$186$91$49

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 $6,393 every year, while hoping to spend $37,928 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: 80/11/9 Blend
42$1,330,000$1,330,000$1,330,000$1,330,000
43$1,472,254$1,401,764$1,381,149$1,587,563
44$1,582,069$1,430,096$1,387,063$1,692,421
45$1,701,814$1,458,544$1,391,903$1,801,835
46$1,832,462$1,487,075$1,395,594$1,920,767
47$1,975,083$1,515,652$1,398,057$2,050,150
48$2,130,856$1,544,234$1,399,206$2,191,011
49$2,301,079$1,572,777$1,398,956$2,344,479
50$2,487,180$1,601,234$1,397,212$2,511,801
51$2,690,733$1,629,555$1,393,879$2,694,349
52$2,913,468$1,657,684$1,388,854$2,893,633
53$3,157,294$1,685,562$1,382,033$3,111,318
54$3,424,309$1,713,126$1,373,302$3,349,239
55$3,716,826$1,740,306$1,362,545$3,609,414
56$4,037,392$1,767,031$1,349,640$3,894,069
57$4,388,811$1,793,221$1,334,458$4,205,656
58$4,774,173$1,818,792$1,316,866$4,546,876
59$5,196,879$1,843,653$1,296,721$4,920,706
60$5,660,677$1,867,709$1,273,878$5,330,423
61$6,169,694$1,890,855$1,248,181$5,779,642
62$6,728,478$1,912,981$1,219,470$6,272,342
63$7,342,036$1,933,971$1,187,575$6,812,910
64$8,015,885$1,953,697$1,152,321$7,406,178
65$8,756,104$1,972,026$1,113,522$8,057,474
66$9,569,386$1,988,815$1,070,984$8,772,664
67$10,463,108$2,003,912$1,024,507$9,558,214
68$11,445,396$2,017,154$973,879$10,421,252
69$12,525,201$2,028,370$918,879$11,369,627
70$13,712,386$2,037,374$859,276$12,411,993
71$15,017,817$2,043,973$794,829$13,557,884
72$16,453,465$2,047,958$725,286$14,817,807
73$18,032,519$2,049,110$650,384$16,203,340
74$19,769,513$2,047,192$569,849$17,727,242
75$21,680,457$2,041,958$483,392$19,403,574
76$23,782,992$2,033,143$390,714$21,247,831
77$26,096,556$2,020,466$291,502$23,277,087
78$28,642,566$2,003,630$185,429$25,510,159
79$31,444,621$1,982,321$72,154$27,967,784
80$34,528,721$1,956,204$0$30,672,812
81$37,923,517$1,924,924$0$33,655,107
82$41,660,578$1,888,107$0$36,945,439
83$45,774,688$1,845,355$0$40,567,493
84$50,304,176$1,796,248$0$44,555,010
85$55,291,276$1,740,339$0$48,945,174
86$60,782,528$1,677,156$0$53,778,957
87$66,829,210$1,606,202$0$59,101,510
88$73,487,831$1,526,947$0$64,962,590
89$80,820,654$1,438,832$0$71,417,025
90$88,896,294$1,341,268$0$78,525,236
91$97,790,355$1,233,628$0$86,353,803
92$107,586,148$1,115,254$0$94,976,099
93$118,375,480$985,446$0$104,472,979
94$130,259,514$843,468$0$114,933,543
95$143,349,726$688,539$0$126,455,978
96$157,768,957$519,836$0$139,148,487
97$173,652,572$336,490$0$153,130,307
98$191,149,739$137,582$0$168,532,837
99$210,424,832$0$0$185,500,879
100$231,658,985$0$0$204,203,426