Can I retire at age 43 with 1,150,000?

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 $1,150,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$94,966$94,120$93,295$92,489$91,703$90,407
2 years$47,013$46,137$45,289$44,466$43,668$42,365
3 years$31,031$30,151$29,305$28,490$27,705$26,435
4 years$23,041$22,164$21,326$20,525$19,759$18,533
5 years$18,248$17,377$16,550$15,765$15,021$13,841
6 years$15,055$14,190$13,375$12,608$11,885$10,754
7 years$12,774$11,916$11,115$10,365$9,666$8,583
8 years$11,064$10,215$9,426$8,695$8,019$6,984
9 years$9,735$8,894$8,119$7,407$6,753$5,766
10 years$8,673$7,839$7,078$6,384$5,754$4,814
11 years$7,804$6,979$6,231$5,556$4,949$4,055
12 years$7,081$6,264$5,530$4,874$4,288$3,439
13 years$6,469$5,661$4,941$4,303$3,739$2,935
14 years$5,945$5,145$4,439$3,820$3,278$2,516
15 years$5,491$4,700$4,008$3,406$2,886$2,165
16 years$5,095$4,313$3,634$3,050$2,551$1,870
17 years$4,745$3,972$3,307$2,740$2,262$1,619
18 years$4,435$3,670$3,019$2,470$2,011$1,406
19 years$4,158$3,401$2,763$2,232$1,792$1,223
20 years$3,908$3,161$2,536$2,021$1,601$1,066
21 years$3,683$2,944$2,333$1,834$1,433$930
22 years$3,479$2,748$2,150$1,668$1,284$813
23 years$3,292$2,570$1,985$1,519$1,153$711
24 years$3,122$2,408$1,836$1,385$1,036$623
25 years$2,965$2,260$1,700$1,265$932$546
26 years$2,820$2,124$1,577$1,157$840$479
27 years$2,687$1,999$1,464$1,059$757$420
28 years$2,563$1,884$1,361$970$683$369
29 years$2,448$1,777$1,267$890$617$324
30 years$2,341$1,678$1,180$816$557$285
31 years$2,241$1,586$1,100$750$504$251
32 years$2,147$1,501$1,026$689$456$221
33 years$2,059$1,422$958$634$413$194
34 years$1,977$1,347$895$583$374$171
35 years$1,900$1,278$837$537$338$150
36 years$1,826$1,213$783$494$307$132
37 years$1,758$1,152$733$455$278$117
38 years$1,692$1,095$686$420$252$103
39 years$1,631$1,041$643$387$228$90
40 years$1,572$990$603$357$207$80
41 years$1,517$943$565$329$188$70
42 years$1,464$898$530$304$171$62
43 years$1,414$856$498$281$155$55
44 years$1,366$816$467$259$141$48
45 years$1,321$778$439$239$128$42
46 years$1,278$742$412$221$116$37
47 years$1,236$708$387$204$105$33
48 years$1,197$676$364$189$96$29
49 years$1,159$645$342$174$87$26
50 years$1,123$617$321$161$79$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,150,000, adding $6,402 every year, while hoping to spend $21,180 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: 25/48/27 Blend
42$1,150,000$1,150,000$1,150,000$1,150,000
43$1,273,904$1,212,954$1,195,129$1,294,818
44$1,381,306$1,249,853$1,212,630$1,349,563
45$1,498,955$1,287,851$1,230,008$1,405,998
46$1,627,870$1,326,978$1,247,236$1,466,065
47$1,769,180$1,367,267$1,264,285$1,530,084
48$1,924,125$1,408,751$1,281,127$1,598,404
49$2,094,070$1,451,465$1,297,730$1,671,411
50$2,280,521$1,495,442$1,314,059$1,749,526
51$2,485,135$1,540,719$1,330,081$1,833,216
52$2,709,737$1,587,333$1,345,757$1,922,990
53$2,956,339$1,635,321$1,361,049$2,019,412
54$3,227,156$1,684,722$1,375,914$2,123,099
55$3,524,629$1,735,576$1,390,310$2,234,732
56$3,851,445$1,787,924$1,404,189$2,355,059
57$4,210,566$1,841,806$1,417,503$2,484,903
58$4,605,256$1,897,266$1,430,202$2,625,170
59$5,039,108$1,954,348$1,442,229$2,776,858
60$5,516,082$2,013,096$1,453,529$2,941,064
61$6,040,542$2,073,558$1,464,042$3,118,998
62$6,617,294$2,135,779$1,473,704$3,311,988
63$7,251,634$2,199,808$1,482,450$3,521,502
64$7,949,398$2,265,695$1,490,208$3,749,150
65$8,717,013$2,333,491$1,496,907$3,996,711
66$9,561,563$2,403,247$1,502,468$4,266,139
67$10,490,853$2,475,017$1,506,812$4,559,589
68$11,513,483$2,548,855$1,509,852$4,879,435
69$12,638,926$2,624,817$1,511,500$5,228,289
70$13,877,622$2,702,959$1,511,661$5,609,031
71$15,241,076$2,783,340$1,510,239$6,024,832
72$16,741,962$2,866,021$1,507,128$6,479,184
73$18,394,247$2,951,060$1,502,222$6,975,937
74$20,213,321$3,038,522$1,495,406$7,519,330
75$22,216,139$3,128,470$1,486,562$8,114,033
76$24,421,389$3,220,968$1,475,565$8,765,194
77$26,849,659$3,316,084$1,462,285$9,478,480
78$29,523,637$3,413,885$1,446,584$10,260,139
79$32,468,323$3,514,440$1,428,320$11,117,054
80$35,711,265$3,617,821$1,407,342$12,056,807
81$39,282,819$3,724,100$1,383,493$13,087,754
82$43,216,436$3,833,349$1,356,609$14,219,103
83$47,548,974$3,945,646$1,326,518$15,460,998
84$52,321,052$4,061,065$1,293,039$16,824,618
85$57,577,428$4,179,686$1,255,984$18,322,280
86$63,367,422$4,301,587$1,215,156$19,967,557
87$69,745,385$4,426,850$1,170,349$21,775,406
88$76,771,205$4,555,557$1,121,347$23,762,309
89$84,510,881$4,687,792$1,067,925$25,946,427
90$93,037,138$4,823,641$1,009,847$28,347,773
91$102,430,116$4,963,189$946,868$30,988,402
92$112,778,129$5,106,527$878,729$33,892,616
93$124,178,494$5,253,742$805,161$37,087,196
94$136,738,451$5,404,926$725,885$40,601,655
95$150,576,176$5,560,171$640,606$44,468,516
96$165,821,898$5,719,571$549,018$48,723,616
97$182,619,122$5,883,221$450,801$53,406,452
98$201,125,990$6,051,216$345,620$58,560,546
99$221,516,769$6,223,654$233,126$64,233,861
100$243,983,500$6,400,633$112,956$70,479,252