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

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 $1,350,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$111,482$110,489$109,520$108,574$107,651$106,262
2 years$55,189$54,161$53,165$52,199$51,262$49,865
3 years$36,427$35,395$34,401$33,445$32,523$31,160
4 years$27,048$26,019$25,035$24,095$23,196$21,879
5 years$21,422$20,399$19,428$18,507$17,633$16,365
6 years$17,673$16,657$15,701$14,800$13,952$12,735
7 years$14,996$13,989$13,048$12,168$11,347$10,181
8 years$12,989$11,991$11,065$10,208$9,413$8,299
9 years$11,429$10,440$9,531$8,695$7,927$6,864
10 years$10,181$9,203$8,309$7,495$6,755$5,741
11 years$9,161$8,193$7,315$6,523$5,809$4,845
12 years$8,312$7,353$6,492$5,721$5,034$4,117
13 years$7,594$6,645$5,800$5,051$4,390$3,520
14 years$6,979$6,040$5,211$4,484$3,848$3,024
15 years$6,446$5,518$4,705$3,999$3,388$2,608
16 years$5,981$5,063$4,266$3,580$2,994$2,257
17 years$5,571$4,662$3,882$3,217$2,655$1,959
18 years$5,206$4,308$3,544$2,899$2,361$1,704
19 years$4,881$3,993$3,244$2,620$2,104$1,486
20 years$4,588$3,710$2,977$2,373$1,880$1,297
21 years$4,324$3,456$2,738$2,153$1,682$1,135
22 years$4,084$3,226$2,524$1,958$1,508$994
23 years$3,865$3,017$2,330$1,783$1,353$872
24 years$3,665$2,827$2,155$1,626$1,216$765
25 years$3,481$2,653$1,996$1,485$1,095$672
26 years$3,311$2,493$1,851$1,358$986$591
27 years$3,154$2,347$1,719$1,243$889$520
28 years$3,009$2,211$1,598$1,139$802$458
29 years$2,874$2,086$1,487$1,044$724$403
30 years$2,748$1,970$1,385$958$654$355
31 years$2,631$1,862$1,291$880$592$313
32 years$2,521$1,762$1,205$809$535$276
33 years$2,418$1,669$1,125$744$484$244
34 years$2,321$1,582$1,051$684$439$215
35 years$2,230$1,500$983$630$397$190
36 years$2,144$1,424$919$580$360$168
37 years$2,063$1,352$861$535$326$148
38 years$1,987$1,285$806$493$296$131
39 years$1,914$1,222$755$454$268$115
40 years$1,846$1,163$708$419$243$102
41 years$1,781$1,107$664$387$221$90
42 years$1,719$1,054$622$357$200$80
43 years$1,660$1,004$584$329$182$70
44 years$1,604$957$548$304$165$62
45 years$1,551$913$515$281$150$55
46 years$1,500$871$484$259$136$49
47 years$1,451$831$454$240$123$43
48 years$1,405$793$427$222$112$38
49 years$1,361$758$401$205$102$33
50 years$1,318$724$377$189$92$30

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 $6,556 every year, while hoping to spend $58,825 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: 70/18/12 Blend
42$1,350,000$1,350,000$1,350,000$1,350,000
43$1,494,463$1,422,913$1,401,988$1,594,808
44$1,584,308$1,430,046$1,386,365$1,669,366
45$1,681,347$1,435,557$1,368,247$1,743,182
46$1,786,250$1,439,305$1,347,489$1,822,408
47$1,899,755$1,441,139$1,323,937$1,907,568
48$2,022,674$1,440,898$1,297,433$1,999,238
49$2,155,898$1,438,414$1,267,809$2,098,052
50$2,300,410$1,433,506$1,234,890$2,204,713
51$2,457,286$1,425,983$1,198,494$2,319,993
52$2,627,715$1,415,641$1,158,429$2,444,746
53$2,813,000$1,402,266$1,114,495$2,579,914
54$3,014,578$1,385,629$1,066,482$2,726,535
55$3,234,029$1,365,489$1,014,173$2,885,755
56$3,473,090$1,341,588$957,338$3,058,840
57$3,733,676$1,313,656$895,739$3,247,182
58$4,017,890$1,281,405$829,126$3,452,323
59$4,328,051$1,244,529$757,238$3,675,959
60$4,666,708$1,202,708$679,801$3,919,963
61$5,036,671$1,155,599$596,533$4,186,403
62$5,441,029$1,102,841$507,135$4,477,557
63$5,883,186$1,044,052$411,296$4,795,941
64$6,366,889$978,829$308,693$5,144,329
65$6,896,264$906,744$198,986$5,525,780
66$7,475,854$827,345$81,823$5,943,672
67$8,110,661$740,155$0$6,401,726
68$8,806,195$644,669$0$6,909,584
69$9,568,523$540,354$0$7,477,782
70$10,404,328$426,647$0$8,100,881
71$11,320,969$302,952$0$8,784,446
72$12,326,552$168,641$0$9,534,612
73$13,430,007$23,051$0$10,358,139
74$14,641,167$0$0$11,262,483
75$15,970,867$0$0$12,282,505
76$17,431,040$0$0$13,407,703
77$19,034,831$0$0$14,643,652
78$20,796,722$0$0$16,001,521
79$22,732,668$0$0$17,493,615
80$24,860,242$0$0$19,133,492
81$27,198,807$0$0$20,936,084
82$29,769,694$0$0$22,917,847
83$32,596,405$0$0$25,096,907
84$35,704,832$0$0$27,493,237
85$39,123,502$0$0$30,128,841
86$42,883,845$0$0$33,027,962
87$47,020,490$0$0$36,217,312
88$51,571,591$0$0$39,726,321
89$56,579,187$0$0$43,587,416
90$62,089,597$0$0$47,836,327
91$68,153,859$0$0$52,512,421
92$74,828,205$0$0$57,659,076
93$82,174,599$0$0$63,324,087
94$90,261,313$0$0$69,560,118
95$99,163,576$0$0$76,425,199
96$108,964,282$0$0$83,983,272
97$119,754,770$0$0$92,304,793
98$131,635,685$0$0$101,467,399
99$144,717,930$0$0$111,556,637
100$159,123,710$0$0$122,666,774