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%19.7%
1 years$114,785$113,762$112,765$111,791$110,841$106,527
2 years$56,824$55,766$54,740$53,746$52,781$48,487
3 years$37,507$36,444$35,421$34,435$33,487$29,348
4 years$27,850$26,790$25,777$24,809$23,883$19,931
5 years$22,057$21,004$20,004$19,056$18,155$14,400
6 years$18,196$17,151$16,166$15,239$14,366$10,809
7 years$15,440$14,403$13,434$12,529$11,683$8,325
8 years$13,374$12,346$11,393$10,510$9,692$6,528
9 years$11,767$10,750$9,813$8,952$8,162$5,188
10 years$10,483$9,475$8,555$7,717$6,955$4,165
11 years$9,433$8,435$7,532$6,716$5,981$3,369
12 years$8,558$7,571$6,684$5,891$5,183$2,742
13 years$7,819$6,842$5,972$5,201$4,520$2,243
14 years$7,186$6,219$5,366$4,617$3,962$1,841
15 years$6,637$5,681$4,845$4,117$3,489$1,516
16 years$6,158$5,213$4,392$3,687$3,083$1,252
17 years$5,736$4,801$3,997$3,312$2,734$1,036
18 years$5,361$4,436$3,649$2,985$2,431$858
19 years$5,025$4,111$3,340$2,697$2,167$712
20 years$4,724$3,820$3,065$2,443$1,935$592
21 years$4,452$3,559$2,820$2,217$1,732$492
22 years$4,205$3,322$2,599$2,016$1,552$409
23 years$3,979$3,107$2,399$1,836$1,393$341
24 years$3,773$2,911$2,219$1,674$1,252$284
25 years$3,584$2,732$2,055$1,529$1,127$237
26 years$3,409$2,567$1,906$1,398$1,015$197
27 years$3,248$2,416$1,770$1,280$915$165
28 years$3,098$2,277$1,646$1,173$826$137
29 years$2,959$2,148$1,531$1,075$746$115
30 years$2,829$2,028$1,426$987$674$96
31 years$2,709$1,918$1,330$906$609$80
32 years$2,595$1,814$1,241$833$551$67
33 years$2,489$1,718$1,158$766$499$56
34 years$2,390$1,628$1,082$705$452$47
35 years$2,296$1,545$1,012$649$409$39
36 years$2,208$1,466$947$597$371$32
37 years$2,124$1,392$886$551$336$27
38 years$2,046$1,323$830$507$304$23
39 years$1,971$1,258$777$468$276$19
40 years$1,900$1,197$729$432$250$16
41 years$1,833$1,140$683$398$227$13
42 years$1,770$1,085$641$367$206$11
43 years$1,709$1,034$601$339$187$9
44 years$1,652$986$565$313$170$8
45 years$1,597$940$530$289$154$6
46 years$1,544$897$498$267$140$5
47 years$1,494$856$468$247$127$4
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 $5,251 every year, while hoping to spend $39,771 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: 56/30/14 Blend
42$1,390,000$1,390,000$1,390,000$1,390,000
43$1,537,196$1,463,526$1,441,981$1,617,432
44$1,651,674$1,492,923$1,447,972$1,701,849
45$1,776,496$1,522,427$1,452,830$1,788,969
46$1,912,675$1,552,002$1,456,476$1,882,947
47$2,061,326$1,581,608$1,458,825$1,984,448
48$2,223,676$1,611,202$1,459,791$2,094,202
49$2,401,076$1,640,737$1,459,280$2,213,016
50$2,595,016$1,670,162$1,457,195$2,341,777
51$2,807,131$1,699,424$1,453,435$2,481,465
52$3,039,226$1,728,463$1,447,892$2,633,159
53$3,293,286$1,757,217$1,440,456$2,798,049
54$3,571,498$1,785,618$1,431,009$2,977,445
55$3,876,271$1,813,593$1,419,427$3,172,793
56$4,210,255$1,841,064$1,405,582$3,385,686
57$4,576,372$1,867,946$1,389,340$3,617,882
58$4,977,837$1,894,151$1,370,559$3,871,317
59$5,418,195$1,919,583$1,349,090$4,148,124
60$5,901,346$1,944,138$1,324,780$4,450,659
61$6,431,590$1,967,707$1,297,467$4,781,516
62$7,013,660$1,990,172$1,266,980$5,143,554
63$7,652,771$2,011,409$1,233,142$5,539,928
64$8,354,669$2,031,284$1,195,767$5,974,114
65$9,125,682$2,049,653$1,154,663$6,449,945
66$9,972,782$2,066,367$1,109,624$6,971,646
67$10,903,649$2,081,262$1,060,439$7,543,875
68$11,926,744$2,094,166$1,006,887$8,171,768
69$13,051,389$2,104,897$948,734$8,860,987
70$14,287,853$2,113,260$885,740$9,617,772
71$15,647,451$2,119,047$817,649$10,449,005
72$17,142,649$2,122,037$744,198$11,362,270
73$18,787,180$2,121,998$665,109$12,365,931
74$20,596,177$2,118,680$580,095$13,469,204
75$22,586,311$2,111,820$488,853$14,682,254
76$24,775,953$2,101,138$391,068$16,016,283
77$27,185,343$2,086,336$286,411$17,483,639
78$29,836,781$2,067,099$174,538$19,097,938
79$32,754,839$2,043,094$55,092$20,874,185
80$35,966,592$2,013,965$0$22,828,925
81$39,501,874$1,979,338$0$24,991,205
82$43,393,554$1,938,815$0$27,379,800
83$47,677,855$1,891,975$0$30,008,692
84$52,394,686$1,838,372$0$32,902,369
85$57,588,025$1,777,533$0$36,087,822
86$63,306,331$1,708,960$0$39,594,799
87$69,603,000$1,632,122$0$43,456,084
88$76,536,871$1,546,461$0$47,707,812
89$84,172,780$1,451,386$0$52,389,808
90$92,582,170$1,346,270$0$57,545,964
91$101,843,765$1,230,452$0$63,224,654
92$112,044,318$1,103,232$0$69,479,192
93$123,279,420$963,872$0$76,368,339
94$135,654,410$811,591$0$83,956,855
95$149,285,365$645,564$0$92,316,112
96$164,300,194$464,918$0$101,524,772
97$180,839,849$268,735$0$111,669,529
98$199,059,651$56,040$0$122,845,928
99$219,130,759$0$0$135,159,272
100$241,241,780$0$0$148,783,115