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

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 $1,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$82,579$81,843$81,126$80,425$79,741$77,406
2 years$40,881$40,119$39,381$38,666$37,972$35,638
3 years$26,983$26,218$25,482$24,774$24,091$21,832
4 years$20,036$19,273$18,545$17,848$17,182$15,014
5 years$15,868$15,111$14,391$13,709$13,061$10,992
6 years$13,091$12,339$11,630$10,963$10,335$8,365
7 years$11,108$10,362$9,665$9,013$8,405$6,535
8 years$9,621$8,882$8,197$7,561$6,973$5,201
9 years$8,466$7,734$7,060$6,440$5,872$4,197
10 years$7,542$6,817$6,155$5,552$5,003$3,423
11 years$6,786$6,069$5,419$4,832$4,303$2,814
12 years$6,157$5,447$4,809$4,238$3,729$2,329
13 years$5,625$4,922$4,296$3,742$3,252$1,938
14 years$5,170$4,474$3,860$3,321$2,850$1,619
15 years$4,775$4,087$3,485$2,962$2,510$1,357
16 years$4,430$3,750$3,160$2,652$2,218$1,141
17 years$4,126$3,454$2,875$2,383$1,967$961
18 years$3,857$3,191$2,625$2,148$1,749$812
19 years$3,615$2,958$2,403$1,940$1,559$686
20 years$3,399$2,748$2,205$1,757$1,392$581
21 years$3,203$2,560$2,029$1,595$1,246$493
22 years$3,025$2,390$1,870$1,450$1,117$418
23 years$2,863$2,235$1,726$1,321$1,002$355
24 years$2,714$2,094$1,596$1,205$901$302
25 years$2,578$1,965$1,479$1,100$811$257
26 years$2,453$1,847$1,371$1,006$730$218
27 years$2,336$1,738$1,273$921$658$186
28 years$2,229$1,638$1,184$844$594$158
29 years$2,129$1,545$1,102$774$537$135
30 years$2,036$1,459$1,026$710$485$115
31 years$1,949$1,380$957$652$438$98
32 years$1,867$1,305$893$599$396$83
33 years$1,791$1,236$833$551$359$71
34 years$1,719$1,172$779$507$325$61
35 years$1,652$1,111$728$467$294$52
36 years$1,588$1,055$681$430$267$44
37 years$1,528$1,002$637$396$242$38
38 years$1,472$952$597$365$219$32
39 years$1,418$905$559$337$199$27
40 years$1,367$861$524$310$180$23
41 years$1,319$820$492$286$163$20
42 years$1,273$781$461$264$148$17
43 years$1,230$744$433$244$135$14
44 years$1,188$709$406$225$122$12
45 years$1,149$676$381$208$111$11
46 years$1,111$645$358$192$101$9
47 years$1,075$616$336$178$91$8
48 years$1,041$588$316$164$83$7
49 years$1,008$561$297$152$75$6
50 years$976$536$279$140$69$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,000,000, adding $5,163 every year, while hoping to spend $38,899 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: 46/35/19 Blend
42$1,000,000$1,000,000$1,000,000$1,000,000
43$1,107,326$1,054,326$1,038,826$1,152,035
44$1,178,885$1,064,599$1,032,238$1,194,078
45$1,256,439$1,074,073$1,024,126$1,235,369
46$1,340,559$1,082,666$1,014,398$1,279,351
47$1,431,872$1,090,292$1,002,956$1,326,290
48$1,531,068$1,096,862$989,700$1,376,485
49$1,638,906$1,102,277$974,524$1,430,262
50$1,756,222$1,106,436$957,318$1,487,987
51$1,883,933$1,109,228$937,965$1,550,062
52$2,023,051$1,110,537$916,343$1,616,932
53$2,174,688$1,110,239$892,326$1,689,092
54$2,340,068$1,108,203$865,782$1,767,088
55$2,520,540$1,104,289$836,570$1,851,525
56$2,717,585$1,098,350$804,546$1,943,072
57$2,932,838$1,090,228$769,557$2,042,469
58$3,168,096$1,079,758$731,445$2,150,535
59$3,425,337$1,066,761$690,044$2,268,176
60$3,706,741$1,051,052$645,180$2,396,394
61$4,014,707$1,032,431$596,672$2,536,297
62$4,351,876$1,010,690$544,329$2,689,110
63$4,721,158$985,604$487,955$2,856,186
64$5,125,757$956,940$427,342$3,039,025
65$5,569,200$924,446$362,275$3,239,279
66$6,055,375$887,860$292,527$3,458,778
67$6,588,559$846,901$217,863$3,699,542
68$7,173,468$801,275$138,037$3,963,805
69$7,815,293$750,669$52,793$4,254,033
70$8,519,754$694,753$0$4,572,952
71$9,293,149$633,176$0$4,931,313
72$10,142,419$565,570$0$5,336,624
73$11,075,207$491,545$0$5,781,903
74$12,099,935$410,688$0$6,271,268
75$13,225,880$322,563$0$6,809,260
76$14,463,261$226,709$0$7,400,892
77$15,823,338$122,642$0$8,051,691
78$17,318,515$9,848$0$8,767,756
79$18,962,457$0$0$9,555,816
80$20,770,221$0$0$10,466,512
81$22,758,395$0$0$11,472,394
82$24,945,256$0$0$12,578,932
83$27,350,940$0$0$13,796,332
84$29,997,634$0$0$15,135,840
85$32,909,782$0$0$16,609,843
86$36,114,321$0$0$18,231,995
87$39,640,926$0$0$20,017,337
88$43,522,297$0$0$21,982,442
89$47,794,465$0$0$24,145,574
90$52,497,131$0$0$26,526,853
91$57,674,038$0$0$29,148,454
92$63,373,390$0$0$32,034,808
93$69,648,298$0$0$35,212,836
94$76,557,288$0$0$38,712,203
95$84,164,848$0$0$42,565,596
96$92,542,039$0$0$46,809,035
97$101,767,163$0$0$51,482,210
98$111,926,504$0$0$56,628,857
99$123,115,139$0$0$62,297,169
100$135,437,836$0$0$68,540,251