Can I retire at age 43 with 1,390,000?

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 $1,390,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.4%
1 years$114,785$113,762$112,765$111,791$110,841$106,653
2 years$56,824$55,766$54,740$53,746$52,781$48,611
3 years$37,507$36,444$35,421$34,435$33,487$29,465
4 years$27,850$26,790$25,777$24,809$23,883$20,041
5 years$22,057$21,004$20,004$19,056$18,155$14,502
6 years$18,196$17,151$16,166$15,239$14,366$10,904
7 years$15,440$14,403$13,434$12,529$11,683$8,412
8 years$13,374$12,346$11,393$10,510$9,692$6,609
9 years$11,767$10,750$9,813$8,952$8,162$5,262
10 years$10,483$9,475$8,555$7,717$6,955$4,232
11 years$9,433$8,435$7,532$6,716$5,981$3,430
12 years$8,558$7,571$6,684$5,891$5,183$2,798
13 years$7,819$6,842$5,972$5,201$4,520$2,293
14 years$7,186$6,219$5,366$4,617$3,962$1,886
15 years$6,637$5,681$4,845$4,117$3,489$1,557
16 years$6,158$5,213$4,392$3,687$3,083$1,288
17 years$5,736$4,801$3,997$3,312$2,734$1,068
18 years$5,361$4,436$3,649$2,985$2,431$887
19 years$5,025$4,111$3,340$2,697$2,167$738
20 years$4,724$3,820$3,065$2,443$1,935$614
21 years$4,452$3,559$2,820$2,217$1,732$512
22 years$4,205$3,322$2,599$2,016$1,552$427
23 years$3,979$3,107$2,399$1,836$1,393$357
24 years$3,773$2,911$2,219$1,674$1,252$298
25 years$3,584$2,732$2,055$1,529$1,127$249
26 years$3,409$2,567$1,906$1,398$1,015$208
27 years$3,248$2,416$1,770$1,280$915$174
28 years$3,098$2,277$1,646$1,173$826$145
29 years$2,959$2,148$1,531$1,075$746$122
30 years$2,829$2,028$1,426$987$674$102
31 years$2,709$1,918$1,330$906$609$85
32 years$2,595$1,814$1,241$833$551$71
33 years$2,489$1,718$1,158$766$499$60
34 years$2,390$1,628$1,082$705$452$50
35 years$2,296$1,545$1,012$649$409$42
36 years$2,208$1,466$947$597$371$35
37 years$2,124$1,392$886$551$336$29
38 years$2,046$1,323$830$507$304$25
39 years$1,971$1,258$777$468$276$21
40 years$1,900$1,197$729$432$250$17
41 years$1,833$1,140$683$398$227$14
42 years$1,770$1,085$641$367$206$12
43 years$1,709$1,034$601$339$187$10
44 years$1,652$986$565$313$170$8
45 years$1,597$940$530$289$154$7
46 years$1,544$897$498$267$140$6
47 years$1,494$856$468$247$127$5
48 years$1,447$817$440$228$115$4
49 years$1,401$780$413$211$105$3
50 years$1,357$745$388$195$95$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,390,000, adding $4,494 every year, while hoping to spend $35,982 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: 51/35/14 Blend
42$1,390,000$1,390,000$1,390,000$1,390,000
43$1,536,416$1,462,746$1,441,201$1,608,728
44$1,654,845$1,496,136$1,451,196$1,692,164
45$1,784,149$1,529,956$1,460,321$1,778,661
46$1,925,398$1,564,189$1,468,507$1,871,891
47$2,079,771$1,598,817$1,475,684$1,972,498
48$2,248,566$1,633,817$1,481,779$2,081,195
49$2,433,214$1,669,168$1,486,712$2,198,764
50$2,635,287$1,704,843$1,490,402$2,326,069
51$2,856,519$1,740,813$1,492,763$2,464,061
52$3,098,818$1,777,047$1,493,705$2,613,788
53$3,364,286$1,813,511$1,493,133$2,776,406
54$3,655,238$1,850,167$1,490,947$2,953,187
55$3,974,222$1,886,976$1,487,044$3,145,533
56$4,324,046$1,923,891$1,481,314$3,354,991
57$4,707,803$1,960,866$1,473,642$3,583,265
58$5,128,898$1,997,848$1,463,908$3,832,231
59$5,591,084$2,034,780$1,451,987$4,103,961
60$6,098,491$2,071,601$1,437,746$4,400,734
61$6,655,674$2,108,246$1,421,047$4,725,066
62$7,267,646$2,144,643$1,401,745$5,079,728
63$7,939,931$2,180,717$1,379,689$5,467,775
64$8,678,616$2,216,384$1,354,720$5,892,574
65$9,490,404$2,251,556$1,326,673$6,357,836
66$10,382,682$2,286,138$1,295,373$6,867,652
67$11,363,586$2,320,029$1,260,638$7,426,534
68$12,442,081$2,353,120$1,222,278$8,039,450
69$13,628,044$2,385,293$1,180,095$8,711,881
70$14,932,356$2,416,425$1,133,881$9,449,868
71$16,367,007$2,446,381$1,083,417$10,260,066
72$17,945,207$2,475,018$1,028,476$11,149,817
73$19,681,509$2,502,185$968,821$12,127,208
74$21,591,949$2,527,718$904,203$13,201,158
75$23,694,197$2,551,445$834,362$14,381,495
76$26,007,719$2,573,181$759,028$15,679,054
77$28,553,968$2,592,727$677,916$17,105,778
78$31,356,578$2,609,876$590,732$18,674,830
79$34,441,592$2,624,404$497,164$20,400,721
80$37,837,707$2,636,072$396,892$22,299,444
81$41,576,543$2,644,629$289,577$24,388,631
82$45,692,940$2,649,806$174,868$26,687,713
83$50,225,291$2,651,318$52,398$29,218,109
84$55,215,900$2,648,861$0$32,003,429
85$60,711,381$2,642,115$0$35,081,392
86$66,763,100$2,630,736$0$38,478,097
87$73,427,658$2,614,364$0$42,217,386
88$80,767,425$2,592,614$0$46,334,172
89$88,851,127$2,565,077$0$50,866,930
90$97,754,498$2,531,321$0$55,858,064
91$107,560,990$2,490,889$0$61,354,308
92$118,362,564$2,443,296$0$67,407,168
93$130,260,554$2,388,026$0$74,073,406
94$143,366,627$2,324,536$0$81,415,580
95$157,803,834$2,252,249$0$89,502,636
96$173,707,770$2,170,555$0$98,410,557
97$191,227,859$2,078,808$0$108,223,084
98$210,528,757$1,976,326$0$119,032,506
99$231,791,909$1,862,384$0$130,940,533
100$255,217,263$1,736,221$0$144,059,259