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%19%
1 years$113,959$112,944$111,954$110,987$110,043$106,054
2 years$56,415$55,365$54,346$53,359$52,401$48,427
3 years$37,237$36,181$35,166$34,188$33,246$29,410
4 years$27,649$26,597$25,592$24,630$23,711$20,043
5 years$21,898$20,853$19,860$18,918$18,025$14,535
6 years$18,065$17,028$16,050$15,129$14,262$10,953
7 years$15,329$14,300$13,338$12,439$11,599$8,469
8 years$13,277$12,258$11,311$10,434$9,623$6,669
9 years$11,683$10,672$9,742$8,888$8,104$5,323
10 years$10,407$9,407$8,494$7,661$6,905$4,292
11 years$9,365$8,375$7,478$6,668$5,938$3,488
12 years$8,497$7,517$6,636$5,848$5,146$2,852
13 years$7,763$6,793$5,929$5,163$4,487$2,344
14 years$7,134$6,175$5,327$4,583$3,934$1,934
15 years$6,590$5,641$4,810$4,088$3,463$1,601
16 years$6,114$5,175$4,361$3,660$3,061$1,328
17 years$5,695$4,766$3,968$3,288$2,714$1,104
18 years$5,322$4,404$3,622$2,964$2,413$920
19 years$4,989$4,082$3,316$2,678$2,151$768
20 years$4,690$3,793$3,043$2,425$1,921$641
21 years$4,420$3,533$2,799$2,201$1,719$536
22 years$4,174$3,298$2,580$2,001$1,541$449
23 years$3,951$3,084$2,382$1,823$1,383$376
24 years$3,746$2,890$2,203$1,662$1,243$315
25 years$3,558$2,712$2,041$1,518$1,119$264
26 years$3,384$2,549$1,893$1,388$1,008$221
27 years$3,224$2,399$1,757$1,271$909$186
28 years$3,076$2,260$1,634$1,164$820$156
29 years$2,938$2,132$1,520$1,068$740$131
30 years$2,809$2,014$1,416$980$669$110
31 years$2,689$1,904$1,320$900$605$92
32 years$2,577$1,801$1,232$827$547$77
33 years$2,471$1,706$1,150$760$495$65
34 years$2,372$1,617$1,075$700$448$55
35 years$2,279$1,533$1,005$644$406$46
36 years$2,192$1,455$940$593$368$38
37 years$2,109$1,382$880$547$333$32
38 years$2,031$1,314$824$504$302$27
39 years$1,957$1,249$772$464$274$23
40 years$1,887$1,189$723$428$249$19
41 years$1,820$1,131$678$395$226$16
42 years$1,757$1,078$636$365$205$14
43 years$1,697$1,027$597$337$186$11
44 years$1,640$979$560$311$169$10
45 years$1,585$933$526$287$153$8
46 years$1,533$890$494$265$139$7
47 years$1,484$850$464$245$126$6
48 years$1,436$811$436$226$115$5
49 years$1,391$774$410$209$104$4
50 years$1,347$740$386$193$95$3

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 $3,427 every year, while hoping to spend $30,635 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: 43/42/15 Blend
42$1,380,000$1,380,000$1,380,000$1,380,000
43$1,524,295$1,451,155$1,429,765$1,583,056
44$1,647,178$1,489,666$1,445,067$1,663,134
45$1,781,568$1,529,038$1,459,854$1,746,526
46$1,928,606$1,569,279$1,474,078$1,836,210
47$2,089,550$1,610,400$1,487,686$1,932,778
48$2,265,784$1,652,409$1,500,623$2,036,880
49$2,458,831$1,695,314$1,512,831$2,149,234
50$2,670,370$1,739,123$1,524,249$2,270,628
51$2,902,249$1,783,841$1,534,812$2,401,932
52$3,156,504$1,829,475$1,544,454$2,544,102
53$3,435,377$1,876,029$1,553,103$2,698,192
54$3,741,338$1,923,507$1,560,684$2,865,361
55$4,077,106$1,971,911$1,567,120$3,046,890
56$4,445,679$2,021,242$1,572,326$3,244,184
57$4,850,357$2,071,502$1,576,217$3,458,794
58$5,294,775$2,122,687$1,578,702$3,692,429
59$5,782,939$2,174,795$1,579,686$3,946,971
60$6,319,260$2,227,822$1,579,067$4,224,492
61$6,908,600$2,281,761$1,576,741$4,527,278
62$7,556,313$2,336,603$1,572,598$4,857,844
63$8,268,298$2,392,338$1,566,521$5,218,964
64$9,051,055$2,448,953$1,558,390$5,613,692
65$9,911,744$2,506,433$1,548,077$6,045,397
66$10,858,254$2,564,760$1,535,450$6,517,787
67$11,899,276$2,623,913$1,520,368$7,034,951
68$13,044,388$2,683,870$1,502,685$7,601,393
69$14,304,139$2,744,604$1,482,249$8,222,079
70$15,690,156$2,806,084$1,458,899$8,902,479
71$17,215,246$2,868,277$1,432,467$9,648,621
72$18,893,524$2,931,145$1,402,777$10,467,150
73$20,740,539$2,994,646$1,369,646$11,365,388
74$22,773,426$3,058,736$1,332,880$12,351,404
75$25,011,064$3,123,362$1,292,280$13,434,091
76$27,474,255$3,188,470$1,247,635$14,623,250
77$30,185,922$3,253,998$1,198,723$15,929,681
78$33,171,322$3,319,880$1,145,316$17,365,287
79$36,458,285$3,386,042$1,087,173$18,943,189
80$40,077,479$3,452,407$1,024,041$20,677,843
81$44,062,694$3,518,887$955,659$22,585,184
82$48,451,166$3,585,390$881,752$24,682,772
83$53,283,926$3,651,816$802,031$26,989,963
84$58,606,186$3,718,054$716,199$29,528,085
85$64,467,767$3,783,988$623,941$32,320,647
86$70,923,567$3,849,491$524,931$35,393,557
87$78,034,081$3,914,427$418,826$38,775,368
88$85,865,971$3,978,648$305,271$42,497,549
89$94,492,696$4,041,997$183,893$46,594,782
90$103,995,200$4,104,304$54,303$51,105,288
91$114,462,684$4,165,388$0$56,071,194
92$125,993,441$4,225,055$0$61,552,368
93$138,695,784$4,283,096$0$67,596,683
94$152,689,074$4,339,287$0$74,251,899
95$168,104,839$4,393,391$0$81,580,236
96$185,088,018$4,445,153$0$89,650,263
97$203,798,330$4,494,300$0$98,537,544
98$224,411,782$4,540,542$0$108,325,353
99$247,122,325$4,583,570$0$119,105,460
100$272,143,690$4,623,054$0$130,978,996