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%15.8%
1 years$111,482$110,489$109,520$108,574$107,651$105,091
2 years$55,189$54,161$53,165$52,199$51,262$48,698
3 years$36,427$35,395$34,401$33,445$32,523$30,035
4 years$27,048$26,019$25,035$24,095$23,196$20,803
5 years$21,422$20,399$19,428$18,507$17,633$15,342
6 years$17,673$16,657$15,701$14,800$13,952$11,765
7 years$14,996$13,989$13,048$12,168$11,347$9,264
8 years$12,989$11,991$11,065$10,208$9,413$7,434
9 years$11,429$10,440$9,531$8,695$7,927$6,050
10 years$10,181$9,203$8,309$7,495$6,755$4,977
11 years$9,161$8,193$7,315$6,523$5,809$4,129
12 years$8,312$7,353$6,492$5,721$5,034$3,449
13 years$7,594$6,645$5,800$5,051$4,390$2,896
14 years$6,979$6,040$5,211$4,484$3,848$2,443
15 years$6,446$5,518$4,705$3,999$3,388$2,068
16 years$5,981$5,063$4,266$3,580$2,994$1,756
17 years$5,571$4,662$3,882$3,217$2,655$1,495
18 years$5,206$4,308$3,544$2,899$2,361$1,275
19 years$4,881$3,993$3,244$2,620$2,104$1,090
20 years$4,588$3,710$2,977$2,373$1,880$933
21 years$4,324$3,456$2,738$2,153$1,682$799
22 years$4,084$3,226$2,524$1,958$1,508$686
23 years$3,865$3,017$2,330$1,783$1,353$589
24 years$3,665$2,827$2,155$1,626$1,216$506
25 years$3,481$2,653$1,996$1,485$1,095$435
26 years$3,311$2,493$1,851$1,358$986$375
27 years$3,154$2,347$1,719$1,243$889$322
28 years$3,009$2,211$1,598$1,139$802$278
29 years$2,874$2,086$1,487$1,044$724$239
30 years$2,748$1,970$1,385$958$654$206
31 years$2,631$1,862$1,291$880$592$178
32 years$2,521$1,762$1,205$809$535$153
33 years$2,418$1,669$1,125$744$484$132
34 years$2,321$1,582$1,051$684$439$114
35 years$2,230$1,500$983$630$397$98
36 years$2,144$1,424$919$580$360$85
37 years$2,063$1,352$861$535$326$73
38 years$1,987$1,285$806$493$296$63
39 years$1,914$1,222$755$454$268$55
40 years$1,846$1,163$708$419$243$47
41 years$1,781$1,107$664$387$221$41
42 years$1,719$1,054$622$357$200$35
43 years$1,660$1,004$584$329$182$30
44 years$1,604$957$548$304$165$26
45 years$1,551$913$515$281$150$23
46 years$1,500$871$484$259$136$20
47 years$1,451$831$454$240$123$17
48 years$1,405$793$427$222$112$15
49 years$1,361$758$401$205$102$13
50 years$1,318$724$377$189$92$11

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 $3,434 every year, while hoping to spend $41,814 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: 76/13/11 Blend
42$1,350,000$1,350,000$1,350,000$1,350,000
43$1,491,242$1,419,692$1,398,767$1,601,257
44$1,598,859$1,444,767$1,401,136$1,699,284
45$1,716,052$1,469,670$1,402,183$1,801,072
46$1,843,752$1,494,347$1,401,819$1,911,475
47$1,982,987$1,518,742$1,399,952$2,031,332
48$2,134,886$1,542,794$1,396,485$2,161,570
49$2,300,691$1,566,439$1,391,315$2,303,212
50$2,481,773$1,589,605$1,384,335$2,457,380
51$2,679,637$1,612,219$1,375,433$2,625,315
52$2,895,941$1,634,199$1,364,492$2,808,380
53$3,132,513$1,655,461$1,351,388$3,008,081
54$3,391,362$1,675,911$1,335,992$3,226,073
55$3,674,703$1,695,453$1,318,170$3,464,183
56$3,984,974$1,713,981$1,297,779$3,724,422
57$4,324,859$1,731,383$1,274,672$4,009,006
58$4,697,314$1,747,541$1,248,694$4,320,379
59$5,105,597$1,762,328$1,219,682$4,661,232
60$5,553,293$1,775,607$1,187,467$5,034,530
61$6,044,352$1,787,235$1,151,870$5,443,543
62$6,583,125$1,797,058$1,112,707$5,891,871
63$7,174,404$1,804,914$1,069,782$6,383,485
64$7,823,467$1,810,628$1,022,893$6,922,757
65$8,536,128$1,814,017$971,828$7,514,510
66$9,318,792$1,814,883$916,364$8,164,056
67$10,178,516$1,813,019$856,269$8,877,248
68$11,123,072$1,808,204$791,301$9,660,541
69$12,161,022$1,800,203$721,206$10,521,043
70$13,301,800$1,788,767$645,720$11,466,593
71$14,555,799$1,773,632$564,567$12,505,827
72$15,934,468$1,754,517$477,458$13,648,264
73$17,450,421$1,731,126$384,090$14,904,393
74$19,117,557$1,703,144$284,150$16,285,776
75$20,951,187$1,670,237$177,308$17,805,156
76$22,968,182$1,632,052$63,222$19,476,573
77$25,187,129$1,588,216$0$21,315,505
78$27,628,510$1,538,332$0$23,345,877
79$30,314,888$1,481,981$0$25,587,983
80$33,271,128$1,418,719$0$28,055,158
81$36,524,624$1,348,077$0$30,770,280
82$40,105,561$1,269,558$0$33,758,564
83$44,047,200$1,182,638$0$37,047,793
84$48,386,188$1,086,761$0$40,668,586
85$53,162,908$981,341$0$44,654,681
86$58,421,855$865,757$0$49,043,262
87$64,212,059$739,354$0$53,875,301
88$70,587,546$601,440$0$59,195,953
89$77,607,847$451,281$0$65,054,975
90$85,338,560$288,107$0$71,507,202
91$93,851,970$111,101$0$78,613,062
92$103,227,727$0$0$86,439,147
93$113,553,601$0$0$95,070,371
94$124,926,309$0$0$104,594,201
95$137,452,425$0$0$115,084,000
96$151,249,390$0$0$126,638,127
97$166,446,615$0$0$139,364,964
98$183,186,706$0$0$153,383,946
99$201,626,805$0$0$168,826,683
100$221,940,079$0$0$185,838,202