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

Use the below retirement simulation to view the chances of a successful retirement.
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%12.8%
1 years$114,785$113,762$112,765$111,791$110,841$109,546
2 years$56,824$55,766$54,740$53,746$52,781$51,479
3 years$37,507$36,444$35,421$34,435$33,487$32,216
4 years$27,850$26,790$25,777$24,809$23,883$22,654
5 years$22,057$21,004$20,004$19,056$18,155$16,972
6 years$18,196$17,151$16,166$15,239$14,366$13,229
7 years$15,440$14,403$13,434$12,529$11,683$10,594
8 years$13,374$12,346$11,393$10,510$9,692$8,650
9 years$11,767$10,750$9,813$8,952$8,162$7,167
10 years$10,483$9,475$8,555$7,717$6,955$6,005
11 years$9,433$8,435$7,532$6,716$5,981$5,077
12 years$8,558$7,571$6,684$5,891$5,183$4,323
13 years$7,819$6,842$5,972$5,201$4,520$3,703
14 years$7,186$6,219$5,366$4,617$3,962$3,187
15 years$6,637$5,681$4,845$4,117$3,489$2,755
16 years$6,158$5,213$4,392$3,687$3,083$2,389
17 years$5,736$4,801$3,997$3,312$2,734$2,078
18 years$5,361$4,436$3,649$2,985$2,431$1,811
19 years$5,025$4,111$3,340$2,697$2,167$1,583
20 years$4,724$3,820$3,065$2,443$1,935$1,385
21 years$4,452$3,559$2,820$2,217$1,732$1,214
22 years$4,205$3,322$2,599$2,016$1,552$1,066
23 years$3,979$3,107$2,399$1,836$1,393$937
24 years$3,773$2,911$2,219$1,674$1,252$825
25 years$3,584$2,732$2,055$1,529$1,127$726
26 years$3,409$2,567$1,906$1,398$1,015$640
27 years$3,248$2,416$1,770$1,280$915$564
28 years$3,098$2,277$1,646$1,173$826$498
29 years$2,959$2,148$1,531$1,075$746$440
30 years$2,829$2,028$1,426$987$674$389
31 years$2,709$1,918$1,330$906$609$343
32 years$2,595$1,814$1,241$833$551$304
33 years$2,489$1,718$1,158$766$499$268
34 years$2,390$1,628$1,082$705$452$237
35 years$2,296$1,545$1,012$649$409$210
36 years$2,208$1,466$947$597$371$186
37 years$2,124$1,392$886$551$336$165
38 years$2,046$1,323$830$507$304$146
39 years$1,971$1,258$777$468$276$129
40 years$1,900$1,197$729$432$250$114
41 years$1,833$1,140$683$398$227$101
42 years$1,770$1,085$641$367$206$90
43 years$1,709$1,034$601$339$187$79
44 years$1,652$986$565$313$170$70
45 years$1,597$940$530$289$154$62
46 years$1,544$897$498$267$140$55
47 years$1,494$856$468$247$127$49
48 years$1,447$817$440$228$115$43
49 years$1,401$780$413$211$105$38
50 years$1,357$745$388$195$95$34

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 $2,749 every year, while hoping to spend $28,296 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: 86/9/5 Blend
42$1,390,000$1,390,000$1,390,000$1,390,000
43$1,534,616$1,460,946$1,439,401$1,666,429
44$1,661,040$1,502,425$1,457,514$1,794,186
45$1,799,411$1,544,989$1,475,285$1,930,348
46$1,950,917$1,588,660$1,492,674$2,079,047
47$2,116,868$1,633,462$1,509,636$2,241,524
48$2,298,706$1,679,418$1,526,126$2,419,143
49$2,498,017$1,726,553$1,542,094$2,613,410
50$2,716,550$1,774,890$1,557,490$2,825,982
51$2,956,232$1,824,453$1,572,260$3,058,682
52$3,219,183$1,875,266$1,586,345$3,313,522
53$3,507,739$1,927,354$1,599,688$3,592,713
54$3,824,474$1,980,740$1,612,223$3,898,695
55$4,172,223$2,035,449$1,623,885$4,234,153
56$4,554,109$2,091,505$1,634,604$4,602,045
57$4,973,571$2,148,932$1,644,306$5,005,630
58$5,434,399$2,207,753$1,652,914$5,448,497
59$5,940,767$2,267,993$1,660,347$5,934,600
60$6,497,275$2,329,674$1,666,518$6,468,298
61$7,108,989$2,392,819$1,671,338$7,054,388
62$7,781,490$2,457,453$1,674,712$7,698,158
63$8,520,930$2,523,595$1,676,543$8,405,435
64$9,334,083$2,591,270$1,676,725$9,182,635
65$10,228,414$2,660,496$1,675,150$10,036,830
66$11,212,148$2,731,296$1,671,703$10,975,811
67$12,294,346$2,803,689$1,666,265$12,008,162
68$13,484,993$2,877,694$1,658,708$13,143,340
69$14,795,090$2,953,329$1,648,903$14,391,766
70$16,236,758$3,030,610$1,636,709$15,764,923
71$17,823,352$3,109,554$1,621,983$17,275,460
72$19,569,587$3,190,176$1,604,573$18,937,320
73$21,491,678$3,272,487$1,584,320$20,765,860
74$23,607,491$3,356,501$1,561,056$22,778,007
75$25,936,713$3,442,227$1,534,609$24,992,409
76$28,501,034$3,529,674$1,504,796$27,429,616
77$31,324,358$3,618,846$1,471,425$30,112,271
78$34,433,022$3,709,749$1,434,297$33,065,325
79$37,856,048$3,802,384$1,393,203$36,316,272
80$41,625,414$3,896,750$1,347,924$39,895,408
81$45,776,358$3,992,843$1,298,232$43,836,118
82$50,347,712$4,090,657$1,243,888$48,175,188
83$55,382,262$4,190,183$1,184,642$52,953,155
84$60,927,157$4,291,406$1,120,231$58,214,689
85$67,034,352$4,394,310$1,050,385$64,009,014
86$73,761,099$4,498,874$974,815$70,390,370
87$81,170,485$4,605,073$893,226$77,418,531
88$89,332,030$4,712,877$805,304$85,159,363
89$98,322,340$4,822,252$710,725$93,685,446
90$108,225,833$4,933,156$609,149$103,076,765
91$119,135,533$5,045,545$500,220$113,421,458
92$131,153,948$5,159,368$383,568$124,816,651
93$144,394,038$5,274,565$258,805$137,369,372
94$158,980,284$5,391,072$125,529$151,197,568
95$175,049,855$5,508,816$0$166,431,208
96$192,753,910$5,627,718$0$183,214,411
97$212,259,021$5,747,689$0$201,711,322
98$233,748,746$5,868,631$0$222,089,189
99$257,425,362$5,990,437$0$244,539,704
100$283,511,770$6,112,990$0$269,274,106