Can I retire at age 43 with 1,130,000?

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 $1,130,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$93,314$92,483$91,672$90,881$90,108$89,428
2 years$46,195$45,335$44,501$43,693$42,908$42,223
3 years$30,491$29,627$28,795$27,994$27,223$26,553
4 years$22,640$21,779$20,955$20,168$19,416$18,766
5 years$17,931$17,075$16,262$15,491$14,759$14,133
6 years$14,793$13,943$13,142$12,388$11,679$11,076
7 years$12,552$11,709$10,921$10,185$9,498$8,919
8 years$10,872$10,037$9,262$8,544$7,879$7,324
9 years$9,566$8,739$7,978$7,278$6,636$6,104
10 years$8,522$7,703$6,955$6,273$5,654$5,145
11 years$7,668$6,858$6,123$5,460$4,862$4,377
12 years$6,957$6,155$5,434$4,789$4,214$3,751
13 years$6,356$5,562$4,855$4,228$3,674$3,234
14 years$5,842$5,056$4,362$3,753$3,221$2,802
15 years$5,396$4,619$3,938$3,347$2,836$2,438
16 years$5,006$4,238$3,571$2,997$2,506$2,129
17 years$4,663$3,903$3,249$2,693$2,222$1,864
18 years$4,358$3,606$2,966$2,427$1,976$1,637
19 years$4,085$3,342$2,715$2,193$1,761$1,441
20 years$3,841$3,106$2,492$1,986$1,573$1,270
21 years$3,619$2,893$2,292$1,802$1,408$1,122
22 years$3,418$2,700$2,113$1,639$1,262$992
23 years$3,235$2,526$1,951$1,492$1,133$879
24 years$3,067$2,366$1,804$1,361$1,018$779
25 years$2,913$2,221$1,671$1,243$916$692
26 years$2,771$2,087$1,550$1,137$825$614
27 years$2,640$1,964$1,439$1,040$744$546
28 years$2,519$1,851$1,338$953$671$486
29 years$2,405$1,746$1,245$874$606$432
30 years$2,300$1,649$1,160$802$548$385
31 years$2,202$1,559$1,081$737$495$343
32 years$2,110$1,475$1,009$677$448$306
33 years$2,024$1,397$942$623$405$273
34 years$1,943$1,324$880$573$367$243
35 years$1,866$1,256$823$527$332$217
36 years$1,795$1,192$770$486$301$194
37 years$1,727$1,132$720$448$273$173
38 years$1,663$1,076$675$413$248$154
39 years$1,602$1,023$632$380$224$138
40 years$1,545$973$592$351$204$123
41 years$1,490$926$555$324$185$110
42 years$1,439$882$521$299$168$98
43 years$1,389$841$489$276$152$88
44 years$1,343$801$459$255$138$79
45 years$1,298$764$431$235$125$70
46 years$1,255$729$405$217$114$63
47 years$1,215$696$380$201$103$56
48 years$1,176$664$357$185$94$50
49 years$1,139$634$336$171$85$45
50 years$1,103$606$316$158$77$40

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,130,000, adding $3,106 every year, while hoping to spend $41,559 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: 63/18/19 Blend
42$1,130,000$1,130,000$1,130,000$1,130,000
43$1,248,464$1,188,574$1,171,059$1,320,885
44$1,331,589$1,202,596$1,166,071$1,384,031
45$1,421,799$1,215,911$1,159,523$1,448,000
46$1,519,775$1,228,443$1,151,319$1,516,890
47$1,626,262$1,240,107$1,141,358$1,591,184
48$1,742,082$1,250,813$1,129,535$1,671,414
49$1,868,138$1,260,467$1,115,738$1,758,169
50$2,005,426$1,268,968$1,099,853$1,852,098
51$2,155,040$1,276,207$1,081,759$1,953,916
52$2,318,183$1,282,071$1,061,327$2,064,412
53$2,496,182$1,286,437$1,038,426$2,184,459
54$2,690,496$1,289,175$1,012,916$2,315,017
55$2,902,730$1,290,148$984,652$2,457,148
56$3,134,653$1,289,210$953,482$2,612,020
57$3,388,211$1,286,205$919,248$2,780,926
58$3,665,548$1,280,968$881,781$2,965,290
59$3,969,022$1,273,324$840,910$3,166,682
60$4,301,233$1,263,088$796,451$3,386,836
61$4,665,042$1,250,062$748,215$3,627,664
62$5,063,600$1,234,038$696,004$3,891,276
63$5,500,376$1,214,795$639,609$4,179,998
64$5,979,192$1,192,098$578,813$4,496,397
65$6,504,257$1,165,698$513,392$4,843,303
66$7,080,208$1,135,334$443,107$5,223,840
67$7,712,150$1,100,726$367,711$5,641,451
68$8,405,707$1,061,580$286,948$6,099,935
69$9,167,076$1,017,583$200,547$6,603,482
70$10,003,079$968,406$108,227$7,156,712
71$10,921,235$913,700$9,694$7,764,721
72$11,929,825$853,095$0$8,433,128
73$13,037,972$786,202$0$9,187,484
74$14,255,725$712,606$0$10,018,625
75$15,594,158$631,873$0$10,932,189
76$17,065,468$543,541$0$11,936,555
77$18,683,094$447,122$0$13,040,963
78$20,461,842$342,103$0$14,255,594
79$22,418,023$227,940$0$15,591,669
80$24,569,611$104,059$0$17,061,557
81$26,936,407$0$0$18,678,890
82$29,540,228$0$0$20,464,666
83$32,405,112$0$0$22,452,257
84$35,557,546$0$0$24,639,438
85$39,026,712$0$0$27,046,469
86$42,844,765$0$0$29,695,671
87$47,047,136$0$0$32,611,643
88$51,672,862$0$0$35,821,484
89$56,764,961$0$0$39,355,057
90$62,370,830$0$0$43,245,268
91$68,542,697$0$0$47,528,375
92$75,338,110$0$0$52,244,329
93$82,820,484$0$0$57,437,155
94$91,059,693$0$0$63,155,361
95$100,132,734$0$0$69,452,403
96$110,124,451$0$0$76,387,182
97$121,128,336$0$0$84,024,603
98$133,247,410$0$0$92,436,187
99$146,595,195$0$0$101,700,748
100$161,296,785$0$0$111,905,129