Can I retire at age 43 with 1,350,000?

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 $1,350,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$111,482$110,489$109,520$108,574$107,651$106,042
2 years$55,189$54,161$53,165$52,199$51,262$49,645
3 years$36,427$35,395$34,401$33,445$32,523$30,948
4 years$27,048$26,019$25,035$24,095$23,196$21,674
5 years$21,422$20,399$19,428$18,507$17,633$16,170
6 years$17,673$16,657$15,701$14,800$13,952$12,550
7 years$14,996$13,989$13,048$12,168$11,347$10,005
8 years$12,989$11,991$11,065$10,208$9,413$8,132
9 years$11,429$10,440$9,531$8,695$7,927$6,706
10 years$10,181$9,203$8,309$7,495$6,755$5,592
11 years$9,161$8,193$7,315$6,523$5,809$4,704
12 years$8,312$7,353$6,492$5,721$5,034$3,985
13 years$7,594$6,645$5,800$5,051$4,390$3,396
14 years$6,979$6,040$5,211$4,484$3,848$2,907
15 years$6,446$5,518$4,705$3,999$3,388$2,499
16 years$5,981$5,063$4,266$3,580$2,994$2,155
17 years$5,571$4,662$3,882$3,217$2,655$1,864
18 years$5,206$4,308$3,544$2,899$2,361$1,616
19 years$4,881$3,993$3,244$2,620$2,104$1,403
20 years$4,588$3,710$2,977$2,373$1,880$1,221
21 years$4,324$3,456$2,738$2,153$1,682$1,064
22 years$4,084$3,226$2,524$1,958$1,508$929
23 years$3,865$3,017$2,330$1,783$1,353$811
24 years$3,665$2,827$2,155$1,626$1,216$709
25 years$3,481$2,653$1,996$1,485$1,095$621
26 years$3,311$2,493$1,851$1,358$986$544
27 years$3,154$2,347$1,719$1,243$889$476
28 years$3,009$2,211$1,598$1,139$802$418
29 years$2,874$2,086$1,487$1,044$724$366
30 years$2,748$1,970$1,385$958$654$322
31 years$2,631$1,862$1,291$880$592$282
32 years$2,521$1,762$1,205$809$535$248
33 years$2,418$1,669$1,125$744$484$218
34 years$2,321$1,582$1,051$684$439$191
35 years$2,230$1,500$983$630$397$168
36 years$2,144$1,424$919$580$360$148
37 years$2,063$1,352$861$535$326$130
38 years$1,987$1,285$806$493$296$114
39 years$1,914$1,222$755$454$268$101
40 years$1,846$1,163$708$419$243$88
41 years$1,781$1,107$664$387$221$78
42 years$1,719$1,054$622$357$200$68
43 years$1,660$1,004$584$329$182$60
44 years$1,604$957$548$304$165$53
45 years$1,551$913$515$281$150$47
46 years$1,500$871$484$259$136$41
47 years$1,451$831$454$240$123$36
48 years$1,405$793$427$222$112$32
49 years$1,361$758$401$205$102$28
50 years$1,318$724$377$189$92$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,350,000, adding $5,552 every year, while hoping to spend $59,373 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: 86/6/8 Blend
42$1,350,000$1,350,000$1,350,000$1,350,000
43$1,493,427$1,421,877$1,400,952$1,620,140
44$1,582,584$1,428,376$1,384,711$1,710,133
45$1,678,845$1,433,205$1,365,937$1,800,299
46$1,782,873$1,436,217$1,344,481$1,897,495
47$1,895,393$1,437,259$1,320,189$2,002,388
48$2,017,207$1,436,168$1,292,899$2,115,712
49$2,149,193$1,432,772$1,262,442$2,238,276
50$2,292,318$1,426,885$1,228,641$2,370,971
51$2,447,645$1,418,313$1,191,311$2,514,775
52$2,616,343$1,406,848$1,150,258$2,670,768
53$2,799,698$1,392,271$1,105,279$2,840,139
54$2,999,124$1,374,350$1,056,163$3,024,196
55$3,216,178$1,352,836$1,002,688$3,224,380
56$3,452,573$1,327,470$944,623$3,442,280
57$3,710,193$1,297,973$881,725$3,679,644
58$3,991,112$1,264,053$813,742$3,938,399
59$4,297,613$1,225,399$740,410$4,220,666
60$4,632,208$1,181,683$661,452$4,528,785
61$4,997,663$1,132,555$576,581$4,865,330
62$5,397,024$1,077,649$485,496$5,233,140
63$5,833,641$1,016,575$387,881$5,635,341
64$6,311,207$948,922$283,409$6,075,379
65$6,833,784$874,253$171,737$6,557,048
66$7,405,847$792,108$52,507$7,084,532
67$8,032,323$702,002$0$7,662,439
68$8,718,640$603,419$0$8,302,226
69$9,470,771$495,817$0$9,008,308
70$10,295,299$378,621$0$9,782,400
71$11,199,472$251,226$0$10,631,332
72$12,191,273$112,991$0$11,562,630
73$13,279,496$0$0$12,584,586
74$14,473,826$0$0$13,708,761
75$15,784,932$0$0$14,951,058
76$17,224,567$0$0$16,315,156
77$18,805,675$0$0$17,813,324
78$20,542,519$0$0$19,459,076
79$22,450,809$0$0$21,267,302
80$24,547,853$0$0$23,254,404
81$26,852,717$0$0$25,438,453
82$29,386,409$0$0$27,839,355
83$32,172,071$0$0$30,479,045
84$35,235,200$0$0$33,381,685
85$38,603,888$0$0$36,573,898
86$42,309,085$0$0$40,085,016
87$46,384,891$0$0$43,947,357
88$50,868,879$0$0$48,196,527
89$55,802,444$0$0$52,871,758
90$61,231,199$0$0$58,016,277
91$67,205,399$0$0$63,677,713
92$73,780,419$0$0$69,908,544
93$81,017,273$0$0$76,766,594
94$88,983,191$0$0$84,315,579
95$97,752,250$0$0$92,625,701
96$107,406,076$0$0$101,774,319
97$118,034,609$0$0$111,846,670
98$129,736,956$0$0$122,936,680
99$142,622,321$0$0$135,147,843
100$156,811,038$0$0$148,594,201