Can I retire at age 43 with 1,380,000?

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 $1,380,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$113,959$112,944$111,954$110,987$110,043$109,030
2 years$56,415$55,365$54,346$53,359$52,401$51,381
3 years$37,237$36,181$35,166$34,188$33,246$32,249
4 years$27,649$26,597$25,592$24,630$23,711$22,746
5 years$21,898$20,853$19,860$18,918$18,025$17,094
6 years$18,065$17,028$16,050$15,129$14,262$13,368
7 years$15,329$14,300$13,338$12,439$11,599$10,740
8 years$13,277$12,258$11,311$10,434$9,623$8,800
9 years$11,683$10,672$9,742$8,888$8,104$7,317
10 years$10,407$9,407$8,494$7,661$6,905$6,153
11 years$9,365$8,375$7,478$6,668$5,938$5,221
12 years$8,497$7,517$6,636$5,848$5,146$4,463
13 years$7,763$6,793$5,929$5,163$4,487$3,838
14 years$7,134$6,175$5,327$4,583$3,934$3,317
15 years$6,590$5,641$4,810$4,088$3,463$2,878
16 years$6,114$5,175$4,361$3,660$3,061$2,506
17 years$5,695$4,766$3,968$3,288$2,714$2,189
18 years$5,322$4,404$3,622$2,964$2,413$1,916
19 years$4,989$4,082$3,316$2,678$2,151$1,682
20 years$4,690$3,793$3,043$2,425$1,921$1,479
21 years$4,420$3,533$2,799$2,201$1,719$1,302
22 years$4,174$3,298$2,580$2,001$1,541$1,148
23 years$3,951$3,084$2,382$1,823$1,383$1,014
24 years$3,746$2,890$2,203$1,662$1,243$896
25 years$3,558$2,712$2,041$1,518$1,119$793
26 years$3,384$2,549$1,893$1,388$1,008$702
27 years$3,224$2,399$1,757$1,271$909$622
28 years$3,076$2,260$1,634$1,164$820$552
29 years$2,938$2,132$1,520$1,068$740$490
30 years$2,809$2,014$1,416$980$669$435
31 years$2,689$1,904$1,320$900$605$386
32 years$2,577$1,801$1,232$827$547$343
33 years$2,471$1,706$1,150$760$495$305
34 years$2,372$1,617$1,075$700$448$271
35 years$2,279$1,533$1,005$644$406$241
36 years$2,192$1,455$940$593$368$214
37 years$2,109$1,382$880$547$333$191
38 years$2,031$1,314$824$504$302$170
39 years$1,957$1,249$772$464$274$151
40 years$1,887$1,189$723$428$249$134
41 years$1,820$1,131$678$395$226$120
42 years$1,757$1,078$636$365$205$107
43 years$1,697$1,027$597$337$186$95
44 years$1,640$979$560$311$169$85
45 years$1,585$933$526$287$153$75
46 years$1,533$890$494$265$139$67
47 years$1,484$850$464$245$126$60
48 years$1,436$811$436$226$115$53
49 years$1,391$774$410$209$104$47
50 years$1,347$740$386$193$95$42

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,380,000, adding $3,030 every year, while hoping to spend $40,858 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: 52/18/30 Blend
42$1,380,000$1,380,000$1,380,000$1,380,000
43$1,523,885$1,450,745$1,429,355$1,590,124
44$1,635,849$1,478,359$1,433,766$1,664,216
45$1,757,864$1,505,957$1,436,955$1,740,434
46$1,890,911$1,533,494$1,438,839$1,822,560
47$2,036,073$1,560,924$1,439,329$1,911,180
48$2,194,538$1,588,195$1,438,332$2,006,935
49$2,367,616$1,615,252$1,435,751$2,110,536
50$2,556,749$1,642,035$1,431,485$2,222,766
51$2,763,524$1,668,482$1,425,426$2,344,490
52$2,989,689$1,694,523$1,417,464$2,476,662
53$3,237,168$1,720,085$1,407,479$2,620,334
54$3,508,079$1,745,089$1,395,349$2,776,668
55$3,804,756$1,769,451$1,380,946$2,946,944
56$4,129,767$1,793,081$1,364,135$3,132,577
57$4,485,943$1,815,881$1,344,773$3,335,125
58$4,876,400$1,837,750$1,322,713$3,556,309
59$5,304,569$1,858,576$1,297,801$3,798,028
60$5,774,231$1,878,242$1,269,873$4,062,374
61$6,289,549$1,896,623$1,238,760$4,351,658
62$6,855,110$1,913,584$1,204,285$4,668,427
63$7,475,964$1,928,983$1,166,262$5,015,492
64$8,157,678$1,942,668$1,124,497$5,395,953
65$8,906,379$1,954,477$1,078,786$5,813,230
66$9,728,822$1,964,239$1,028,917$6,271,092
67$10,632,445$1,971,769$974,669$6,773,701
68$11,625,442$1,976,874$915,808$7,325,644
69$12,716,843$1,979,346$852,094$7,931,979
70$13,916,593$1,978,967$783,271$8,598,288
71$15,235,650$1,975,501$709,076$9,330,722
72$16,686,088$1,968,702$629,231$10,136,069
73$18,281,207$1,958,306$543,448$11,021,811
74$20,035,662$1,944,035$451,425$11,996,199
75$21,965,599$1,925,592$352,848$13,068,334
76$24,088,808$1,902,665$247,386$14,248,248
77$26,424,891$1,874,919$134,698$15,547,004
78$28,995,442$1,842,003$14,423$16,976,801
79$31,824,260$1,803,543$0$18,551,088
80$34,937,562$1,759,144$0$20,321,164
81$38,364,238$1,708,388$0$22,274,207
82$42,136,122$1,650,830$0$24,423,751
83$46,288,287$1,586,002$0$26,789,808
84$50,859,384$1,513,407$0$29,394,428
85$55,891,997$1,432,520$0$32,261,916
86$61,433,053$1,342,786$0$35,419,057
87$67,534,260$1,243,617$0$38,895,367
88$74,252,592$1,134,393$0$42,723,379
89$81,650,835$1,014,456$0$46,938,945
90$89,798,169$883,114$0$51,581,577
91$98,770,829$739,633$0$56,694,820
92$108,652,817$583,238$0$62,326,663
93$119,536,700$413,112$0$68,529,995
94$131,524,479$228,391$0$75,363,102
95$144,728,556$28,162$0$82,890,222
96$159,272,789$0$0$91,182,146
97$175,293,664$0$0$100,354,237
98$192,941,582$0$0$110,464,174
99$212,382,279$0$0$121,601,351
100$233,798,388$0$0$133,870,419