Can I retire at age 43 with 1,360,000?

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 $1,360,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$112,308$111,307$110,331$109,379$108,448$105,741
2 years$55,598$54,562$53,559$52,586$51,642$48,931
3 years$36,697$35,657$34,656$33,692$32,764$30,135
4 years$27,248$26,212$25,221$24,273$23,367$20,840
5 years$21,581$20,550$19,572$18,644$17,764$15,345
6 years$17,804$16,781$15,817$14,910$14,056$11,749
7 years$15,107$14,093$13,144$12,258$11,431$9,236
8 years$13,085$12,080$11,147$10,283$9,483$7,398
9 years$11,513$10,518$9,601$8,759$7,986$6,010
10 years$10,257$9,271$8,371$7,550$6,805$4,935
11 years$9,229$8,253$7,369$6,571$5,852$4,086
12 years$8,374$7,408$6,540$5,764$5,071$3,406
13 years$7,650$6,694$5,843$5,088$4,422$2,855
14 years$7,031$6,085$5,250$4,517$3,877$2,403
15 years$6,494$5,559$4,740$4,028$3,413$2,030
16 years$6,025$5,100$4,298$3,607$3,017$1,720
17 years$5,612$4,697$3,911$3,241$2,675$1,461
18 years$5,245$4,340$3,570$2,921$2,378$1,244
19 years$4,917$4,022$3,268$2,639$2,120$1,060
20 years$4,622$3,738$2,999$2,390$1,893$906
21 years$4,356$3,482$2,759$2,169$1,694$774
22 years$4,114$3,250$2,543$1,972$1,519$663
23 years$3,893$3,040$2,348$1,796$1,363$568
24 years$3,692$2,848$2,171$1,638$1,225$487
25 years$3,506$2,673$2,011$1,496$1,103$418
26 years$3,335$2,512$1,865$1,368$993$358
27 years$3,178$2,364$1,732$1,252$896$308
28 years$3,031$2,228$1,610$1,147$808$265
29 years$2,895$2,101$1,498$1,052$730$227
30 years$2,768$1,985$1,396$966$659$195
31 years$2,650$1,876$1,301$887$596$168
32 years$2,539$1,775$1,214$815$539$145
33 years$2,436$1,681$1,133$749$488$124
34 years$2,338$1,593$1,059$690$442$107
35 years$2,246$1,511$990$635$400$92
36 years$2,160$1,434$926$585$363$79
37 years$2,078$1,362$867$539$329$68
38 years$2,001$1,295$812$496$298$59
39 years$1,928$1,231$761$458$270$51
40 years$1,859$1,171$713$422$245$44
41 years$1,794$1,115$668$390$222$37
42 years$1,731$1,062$627$360$202$32
43 years$1,672$1,012$588$332$183$28
44 years$1,616$964$552$306$166$24
45 years$1,562$920$519$283$151$21
46 years$1,511$877$487$261$137$18
47 years$1,462$837$458$242$124$15
48 years$1,415$799$430$223$113$13
49 years$1,371$763$404$206$103$11
50 years$1,328$729$380$191$93$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,360,000, adding $4,194 every year, while hoping to spend $33,658 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: 61/33/6 Blend
42$1,360,000$1,360,000$1,360,000$1,360,000
43$1,503,046$1,430,966$1,409,886$1,592,814
44$1,620,545$1,465,272$1,421,305$1,687,610
45$1,748,901$1,500,130$1,431,979$1,786,713
46$1,889,185$1,535,533$1,441,847$1,893,976
47$2,042,578$1,571,470$1,450,845$2,010,185
48$2,210,379$1,607,930$1,458,907$2,136,205
49$2,394,019$1,644,900$1,465,961$2,272,989
50$2,595,073$1,682,364$1,471,934$2,421,586
51$2,815,275$1,720,305$1,476,749$2,583,153
52$3,056,536$1,758,703$1,480,324$2,758,960
53$3,320,961$1,797,537$1,482,572$2,950,410
54$3,610,865$1,836,783$1,483,405$3,159,047
55$3,928,801$1,876,413$1,482,727$3,386,571
56$4,277,581$1,916,399$1,480,440$3,634,855
57$4,660,298$1,956,707$1,476,439$3,905,962
58$5,080,365$1,997,302$1,470,616$4,202,167
59$5,541,538$2,038,145$1,462,857$4,525,974
60$6,047,953$2,079,193$1,453,041$4,880,142
61$6,604,170$2,120,399$1,441,044$5,267,711
62$7,215,210$2,161,713$1,426,734$5,692,032
63$7,886,605$2,203,080$1,409,972$6,156,797
64$8,624,448$2,244,441$1,390,616$6,666,071
65$9,435,454$2,285,731$1,368,514$7,224,336
66$10,327,019$2,326,880$1,343,507$7,836,532
67$11,307,291$2,367,813$1,315,431$8,508,099
68$12,385,249$2,408,451$1,284,113$9,245,034
69$13,570,784$2,448,704$1,249,370$10,053,946
70$14,874,795$2,488,481$1,211,014$10,942,116
71$16,309,287$2,527,681$1,168,847$11,917,569
72$17,887,492$2,566,194$1,122,661$12,989,147
73$19,623,986$2,603,907$1,072,239$14,166,597
74$21,534,828$2,640,695$1,017,356$15,460,659
75$23,637,717$2,676,425$957,773$16,883,166
76$25,952,149$2,710,955$893,244$18,447,163
77$28,499,611$2,744,134$823,510$20,167,024
78$31,303,774$2,775,800$748,300$22,058,589
79$34,390,724$2,805,779$667,333$24,139,315
80$37,789,202$2,833,887$580,314$26,428,443
81$41,530,880$2,859,926$486,934$28,947,175
82$45,650,656$2,883,688$386,871$31,718,877
83$50,186,983$2,904,949$279,791$34,769,301
84$55,182,233$2,923,470$165,343$38,126,827
85$60,683,099$2,938,998$43,160$41,822,731
86$66,741,030$2,951,264$0$45,891,483
87$73,412,720$2,959,981$0$50,376,654
88$80,760,642$2,964,844$0$55,317,836
89$88,853,636$2,965,530$0$60,758,428
90$97,767,561$2,961,695$0$66,749,303
91$107,586,008$2,952,974$0$73,346,527
92$118,401,091$2,938,980$0$80,611,886
93$130,314,313$2,919,301$0$88,613,472
94$143,437,528$2,893,501$0$97,426,323
95$157,893,992$2,861,119$0$107,133,136
96$173,819,529$2,821,664$0$117,825,043
97$191,363,813$2,774,617$0$129,602,479
98$210,691,775$2,719,427$0$142,576,125
99$231,985,169$2,655,512$0$156,867,955
100$255,444,279$2,582,254$0$172,612,392