Can I retire at age 43 with 1,370,000?

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 $1,370,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$113,133$112,126$111,142$110,183$109,246$105,876
2 years$56,007$54,964$53,953$52,972$52,022$48,656
3 years$36,967$35,919$34,911$33,940$33,005$29,749
4 years$27,449$26,404$25,406$24,452$23,539$20,418
5 years$21,740$20,701$19,716$18,781$17,894$14,916
6 years$17,935$16,904$15,934$15,020$14,159$11,327
7 years$15,218$14,196$13,241$12,348$11,515$8,829
8 years$13,181$12,169$11,229$10,359$9,553$7,010
9 years$11,598$10,595$9,672$8,823$8,045$5,643
10 years$10,332$9,339$8,432$7,606$6,855$4,591
11 years$9,297$8,314$7,424$6,619$5,895$3,765
12 years$8,435$7,462$6,588$5,806$5,109$3,107
13 years$7,706$6,744$5,886$5,126$4,455$2,578
14 years$7,082$6,130$5,289$4,550$3,905$2,148
15 years$6,542$5,600$4,775$4,058$3,438$1,795
16 years$6,070$5,138$4,329$3,633$3,039$1,505
17 years$5,653$4,732$3,939$3,265$2,694$1,264
18 years$5,284$4,372$3,596$2,942$2,396$1,064
19 years$4,953$4,052$3,292$2,658$2,135$897
20 years$4,656$3,765$3,021$2,408$1,907$758
21 years$4,388$3,507$2,779$2,185$1,707$640
22 years$4,144$3,274$2,561$1,987$1,530$542
23 years$3,922$3,062$2,365$1,809$1,373$459
24 years$3,719$2,869$2,187$1,650$1,234$389
25 years$3,532$2,692$2,026$1,507$1,111$329
26 years$3,360$2,530$1,879$1,378$1,001$279
27 years$3,201$2,381$1,745$1,261$902$237
28 years$3,053$2,244$1,622$1,156$814$201
29 years$2,916$2,117$1,509$1,060$735$171
30 years$2,789$1,999$1,406$973$664$145
31 years$2,670$1,890$1,311$893$600$123
32 years$2,558$1,788$1,223$821$543$105
33 years$2,453$1,693$1,142$755$492$89
34 years$2,355$1,605$1,067$695$445$76
35 years$2,263$1,522$997$639$403$64
36 years$2,176$1,445$933$589$365$55
37 years$2,094$1,372$873$543$331$46
38 years$2,016$1,304$818$500$300$39
39 years$1,943$1,240$766$461$272$34
40 years$1,873$1,180$718$425$247$28
41 years$1,807$1,123$673$392$224$24
42 years$1,744$1,070$632$362$203$21
43 years$1,685$1,019$593$334$184$18
44 years$1,628$972$556$309$167$15
45 years$1,574$926$522$285$152$13
46 years$1,522$884$491$263$138$11
47 years$1,473$843$461$243$125$9
48 years$1,426$805$433$225$114$8
49 years$1,381$769$407$208$103$7
50 years$1,338$734$383$192$94$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,370,000, adding $6,941 every year, while hoping to spend $54,130 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: 78/5/17 Blend
42$1,370,000$1,370,000$1,370,000$1,370,000
43$1,516,900$1,444,290$1,423,055$1,629,015
44$1,614,030$1,457,466$1,413,133$1,717,131
45$1,719,252$1,469,474$1,401,065$1,806,245
46$1,833,337$1,480,198$1,386,721$1,902,514
47$1,957,127$1,489,518$1,369,967$2,006,634
48$2,091,553$1,497,304$1,350,660$2,119,372
49$2,237,637$1,503,417$1,328,652$2,241,574
50$2,396,503$1,507,711$1,303,789$2,374,171
51$2,569,388$1,510,031$1,275,907$2,518,190
52$2,757,653$1,510,210$1,244,837$2,674,764
53$2,962,796$1,508,072$1,210,402$2,845,138
54$3,186,465$1,503,432$1,172,414$3,030,688
55$3,430,474$1,496,090$1,130,680$3,232,928
56$3,696,821$1,485,837$1,084,996$3,453,529
57$3,987,703$1,472,449$1,035,150$3,694,330
58$4,305,539$1,455,690$980,918$3,957,361
59$4,652,995$1,435,309$922,069$4,244,856
60$5,033,002$1,411,041$858,360$4,559,282
61$5,448,790$1,382,603$789,537$4,903,355
62$5,903,914$1,349,699$715,334$5,280,068
63$6,402,291$1,312,011$635,475$5,692,724
64$6,948,231$1,269,207$549,671$6,144,959
65$7,546,484$1,220,932$457,618$6,640,784
66$8,202,280$1,166,811$359,002$7,184,619
67$8,921,377$1,106,449$253,493$7,781,338
68$9,710,119$1,039,428$140,748$8,436,310
69$10,575,495$965,303$20,406$9,155,456
70$11,525,199$883,607$0$9,945,300
71$12,567,710$793,844$0$10,832,630
72$13,712,366$695,491$0$11,811,003
73$14,969,453$587,996$0$12,885,526
74$16,350,303$470,774$0$14,065,909
75$17,867,400$343,208$0$15,362,849
76$19,534,496$204,646$0$16,788,133
77$21,366,741$54,401$0$18,354,747
78$23,380,827$0$0$20,076,999
79$25,595,142$0$0$21,976,611
80$28,029,945$0$0$24,068,716
81$30,707,557$0$0$26,369,506
82$33,652,571$0$0$28,900,119
83$36,892,080$0$0$31,683,844
84$40,455,938$0$0$34,746,340
85$44,377,037$0$0$38,115,878
86$48,691,617$0$0$41,823,610
87$53,439,611$0$0$45,903,859
88$58,665,015$0$0$50,394,440
89$64,416,310$0$0$55,337,026
90$70,746,912$0$0$60,777,529
91$77,715,679$0$0$66,766,542
92$85,387,467$0$0$73,359,810
93$93,833,739$0$0$80,618,758
94$103,133,238$0$0$88,611,070
95$113,372,732$0$0$97,411,328
96$124,647,831$0$0$107,101,714
97$137,063,889$0$0$117,772,783
98$150,736,998$0$0$129,524,322
99$165,795,081$0$0$142,466,287
100$182,379,099$0$0$156,719,843