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

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 $1,360,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$112,308$111,307$110,331$109,379$108,448$104,559
2 years$55,598$54,562$53,559$52,586$51,642$47,766
3 years$36,697$35,657$34,656$33,692$32,764$29,022
4 years$27,248$26,212$25,221$24,273$23,367$19,789
5 years$21,581$20,550$19,572$18,644$17,764$14,358
6 years$17,804$16,781$15,817$14,910$14,056$10,825
7 years$15,107$14,093$13,144$12,258$11,431$8,375
8 years$13,085$12,080$11,147$10,283$9,483$6,599
9 years$11,513$10,518$9,601$8,759$7,986$5,271
10 years$10,257$9,271$8,371$7,550$6,805$4,253
11 years$9,229$8,253$7,369$6,571$5,852$3,458
12 years$8,374$7,408$6,540$5,764$5,071$2,830
13 years$7,650$6,694$5,843$5,088$4,422$2,327
14 years$7,031$6,085$5,250$4,517$3,877$1,921
15 years$6,494$5,559$4,740$4,028$3,413$1,591
16 years$6,025$5,100$4,298$3,607$3,017$1,321
17 years$5,612$4,697$3,911$3,241$2,675$1,100
18 years$5,245$4,340$3,570$2,921$2,378$917
19 years$4,917$4,022$3,268$2,639$2,120$765
20 years$4,622$3,738$2,999$2,390$1,893$640
21 years$4,356$3,482$2,759$2,169$1,694$535
22 years$4,114$3,250$2,543$1,972$1,519$448
23 years$3,893$3,040$2,348$1,796$1,363$376
24 years$3,692$2,848$2,171$1,638$1,225$315
25 years$3,506$2,673$2,011$1,496$1,103$264
26 years$3,335$2,512$1,865$1,368$993$222
27 years$3,178$2,364$1,732$1,252$896$186
28 years$3,031$2,228$1,610$1,147$808$156
29 years$2,895$2,101$1,498$1,052$730$131
30 years$2,768$1,985$1,396$966$659$110
31 years$2,650$1,876$1,301$887$596$93
32 years$2,539$1,775$1,214$815$539$78
33 years$2,436$1,681$1,133$749$488$66
34 years$2,338$1,593$1,059$690$442$55
35 years$2,246$1,511$990$635$400$46
36 years$2,160$1,434$926$585$363$39
37 years$2,078$1,362$867$539$329$33
38 years$2,001$1,295$812$496$298$28
39 years$1,928$1,231$761$458$270$23
40 years$1,859$1,171$713$422$245$19
41 years$1,794$1,115$668$390$222$16
42 years$1,731$1,062$627$360$202$14
43 years$1,672$1,012$588$332$183$12
44 years$1,616$964$552$306$166$10
45 years$1,562$920$519$283$151$8
46 years$1,511$877$487$261$137$7
47 years$1,462$837$458$242$124$6
48 years$1,415$799$430$223$113$5
49 years$1,371$763$404$206$103$4
50 years$1,328$729$380$191$93$3

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 $5,344 every year, while hoping to spend $30,173 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: 44/42/14 Blend
42$1,360,000$1,360,000$1,360,000$1,360,000
43$1,504,232$1,432,152$1,411,072$1,564,131
44$1,625,560$1,470,224$1,426,239$1,644,568
45$1,758,252$1,509,150$1,440,903$1,728,250
46$1,903,436$1,548,940$1,455,015$1,818,292
47$2,062,352$1,589,604$1,468,524$1,915,293
48$2,236,368$1,631,150$1,481,376$2,019,912
49$2,426,988$1,673,588$1,493,513$2,132,874
50$2,635,871$1,716,924$1,504,876$2,254,977
51$2,864,842$1,761,165$1,515,401$2,387,100
52$3,115,912$1,806,318$1,525,023$2,530,212
53$3,391,294$1,852,387$1,533,670$2,685,379
54$3,693,429$1,899,376$1,541,271$2,853,775
55$4,025,002$1,947,289$1,547,747$3,036,691
56$4,388,974$1,996,128$1,553,018$3,235,553
57$4,788,603$2,045,892$1,556,998$3,451,930
58$5,227,481$2,096,582$1,559,598$3,687,548
59$5,709,564$2,148,193$1,560,724$3,944,312
60$6,239,209$2,200,724$1,560,278$4,224,318
61$6,821,216$2,254,168$1,558,155$4,529,877
62$7,460,875$2,308,517$1,554,248$4,863,535
63$8,164,012$2,363,762$1,548,443$5,228,096
64$8,937,045$2,419,890$1,540,620$5,626,650
65$9,787,048$2,476,889$1,530,655$6,062,602
66$10,721,811$2,534,741$1,518,416$6,539,703
67$11,749,920$2,593,427$1,503,767$7,062,089
68$12,880,831$2,652,925$1,486,563$7,634,315
69$14,124,967$2,713,210$1,466,654$8,261,400
70$15,493,810$2,774,252$1,443,882$8,948,878
71$17,000,008$2,836,021$1,418,083$9,702,844
72$18,657,503$2,898,480$1,389,083$10,530,016
73$20,481,653$2,961,589$1,356,701$11,437,798
74$22,489,379$3,025,306$1,320,749$12,434,349
75$24,699,330$3,089,580$1,281,028$13,528,660
76$27,132,051$3,154,358$1,237,331$14,730,641
77$29,810,181$3,219,583$1,189,443$16,051,212
78$32,758,666$3,285,189$1,137,136$17,502,407
79$36,004,994$3,351,107$1,080,174$19,097,491
80$39,579,453$3,417,261$1,018,309$20,851,079
81$43,515,418$3,483,568$951,284$22,779,282
82$47,849,666$3,549,938$878,827$24,899,854
83$52,622,721$3,616,273$800,656$27,232,359
84$57,879,238$3,682,470$716,478$29,798,361
85$63,668,423$3,748,414$625,982$32,621,626
86$70,044,498$3,813,982$528,849$35,728,344
87$77,067,212$3,879,043$424,741$39,147,380
88$84,802,406$3,943,454$313,308$42,910,545
89$93,322,632$4,007,063$194,183$47,052,899
90$102,707,837$4,069,706$66,985$51,613,078
91$113,046,121$4,131,207$0$56,633,667
92$124,434,567$4,191,377$0$62,171,866
93$136,980,152$4,250,014$0$68,280,469
94$150,800,765$4,306,902$0$75,006,527
95$166,026,313$4,361,810$0$82,412,927
96$182,799,948$4,414,490$0$90,568,970
97$201,279,421$4,464,678$0$99,551,031
98$221,638,568$4,512,093$0$109,443,274
99$244,068,949$4,556,433$0$120,338,450
100$268,781,662$4,597,379$0$132,338,775