Can I retire at age 43 with 1,180,000?

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 $1,180,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$97,443$96,575$95,728$94,902$94,095$91,010
2 years$48,239$47,341$46,470$45,626$44,807$41,729
3 years$31,840$30,938$30,069$29,233$28,427$25,452
4 years$23,642$22,743$21,883$21,061$20,275$17,425
5 years$18,725$17,830$16,982$16,177$15,413$12,696
6 years$15,447$14,560$13,724$12,937$12,195$9,615
7 years$13,107$12,227$11,405$10,636$9,918$7,473
8 years$11,353$10,481$9,672$8,922$8,228$5,916
9 years$9,989$9,126$8,331$7,600$6,929$4,748
10 years$8,899$8,044$7,263$6,551$5,904$3,850
11 years$8,008$7,161$6,394$5,701$5,078$3,147
12 years$7,265$6,427$5,675$5,001$4,400$2,589
13 years$6,638$5,808$5,070$4,415$3,837$2,141
14 years$6,100$5,280$4,555$3,919$3,364$1,777
15 years$5,635$4,823$4,113$3,495$2,962$1,480
16 years$5,228$4,425$3,729$3,130$2,617$1,237
17 years$4,869$4,075$3,393$2,812$2,321$1,035
18 years$4,551$3,766$3,097$2,534$2,064$868
19 years$4,266$3,490$2,836$2,290$1,839$729
20 years$4,010$3,243$2,602$2,074$1,643$613
21 years$3,779$3,021$2,394$1,882$1,470$516
22 years$3,569$2,820$2,206$1,711$1,318$435
23 years$3,378$2,637$2,037$1,558$1,183$367
24 years$3,203$2,471$1,884$1,421$1,063$310
25 years$3,042$2,319$1,745$1,298$957$261
26 years$2,894$2,179$1,618$1,187$862$221
27 years$2,757$2,051$1,503$1,086$777$187
28 years$2,630$1,933$1,397$995$701$158
29 years$2,512$1,823$1,300$913$633$133
30 years$2,402$1,722$1,211$838$572$113
31 years$2,299$1,628$1,129$769$517$95
32 years$2,203$1,540$1,053$707$468$81
33 years$2,113$1,459$983$650$423$68
34 years$2,029$1,382$919$598$383$58
35 years$1,949$1,311$859$551$347$49
36 years$1,874$1,245$804$507$315$41
37 years$1,803$1,182$752$467$285$35
38 years$1,736$1,123$704$431$258$30
39 years$1,673$1,068$660$397$234$25
40 years$1,613$1,016$619$366$213$21
41 years$1,556$967$580$338$193$18
42 years$1,502$921$544$312$175$15
43 years$1,451$878$511$288$159$13
44 years$1,402$837$479$266$144$11
45 years$1,355$798$450$246$131$9
46 years$1,311$761$423$227$119$8
47 years$1,269$726$397$210$108$7
48 years$1,228$693$373$194$98$6
49 years$1,189$662$351$179$89$5
50 years$1,152$633$330$165$81$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,180,000, adding $3,257 every year, while hoping to spend $21,372 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: 61/9/30 Blend
42$1,180,000$1,180,000$1,180,000$1,180,000
43$1,303,720$1,241,180$1,222,890$1,372,465
44$1,413,959$1,279,258$1,241,117$1,457,818
45$1,534,727$1,318,485$1,259,238$1,548,378
46$1,667,075$1,358,896$1,277,228$1,646,794
47$1,812,159$1,400,525$1,295,058$1,753,840
48$1,971,256$1,443,408$1,312,699$1,870,367
49$2,145,771$1,487,581$1,330,121$1,997,313
50$2,337,249$1,533,082$1,347,290$2,135,711
51$2,547,395$1,579,950$1,364,170$2,286,700
52$2,778,086$1,628,224$1,380,727$2,451,535
53$3,031,390$1,677,946$1,396,920$2,631,596
54$3,309,583$1,729,157$1,412,709$2,828,406
55$3,615,176$1,781,901$1,428,050$3,043,642
56$3,950,931$1,836,222$1,442,897$3,279,153
57$4,319,894$1,892,165$1,457,202$3,536,974
58$4,725,420$1,949,777$1,470,915$3,819,349
59$5,171,203$2,009,107$1,483,981$4,128,751
60$5,661,316$2,070,203$1,496,344$4,467,903
61$6,200,244$2,133,116$1,507,945$4,839,808
62$6,792,928$2,197,899$1,518,721$5,247,773
63$7,444,815$2,264,604$1,528,606$5,695,443
64$8,161,903$2,333,286$1,537,531$6,186,834
65$8,950,802$2,404,002$1,545,423$6,726,373
66$9,818,795$2,476,809$1,552,206$7,318,937
67$10,773,906$2,551,767$1,557,799$7,969,901
68$11,824,976$2,628,935$1,562,117$8,685,188
69$12,981,748$2,708,377$1,565,072$9,471,325
70$14,254,955$2,790,157$1,566,571$10,335,505
71$15,656,425$2,874,339$1,566,516$11,285,655
72$17,199,190$2,960,991$1,564,803$12,330,509
73$18,897,610$3,050,182$1,561,327$13,479,694
74$20,767,508$3,141,983$1,555,973$14,743,819
75$22,826,319$3,236,466$1,548,624$16,134,574
76$25,093,256$3,333,705$1,539,155$17,664,843
77$27,589,488$3,433,776$1,527,437$19,348,822
78$30,338,342$3,536,757$1,513,332$21,202,159
79$33,365,523$3,642,729$1,496,699$23,242,096
80$36,699,356$3,751,772$1,477,388$25,487,635
81$40,371,052$3,863,970$1,455,242$27,959,717
82$44,415,004$3,979,410$1,430,098$30,681,418
83$48,869,112$4,098,179$1,401,783$33,678,171
84$53,775,138$4,220,366$1,370,120$36,978,002
85$59,179,101$4,346,063$1,334,918$40,611,798
86$65,131,715$4,475,366$1,295,983$44,613,595
87$71,688,860$4,608,369$1,253,109$49,020,904
88$78,912,115$4,745,170$1,206,080$53,875,064
89$86,869,339$4,885,872$1,154,671$59,221,628
90$95,635,308$5,030,576$1,098,649$65,110,801
91$105,292,422$5,179,387$1,037,766$71,597,908
92$115,931,485$5,332,412$971,767$78,743,919
93$127,652,558$5,489,762$900,383$86,616,025
94$140,565,906$5,651,548$823,333$95,288,272
95$154,793,039$5,817,884$740,325$104,842,261
96$170,467,856$5,988,887$651,053$115,367,919
97$187,737,910$6,164,676$555,197$126,964,347
98$206,765,804$6,345,372$452,423$139,740,756
99$227,730,720$6,531,099$342,383$153,817,501
100$250,830,113$6,721,983$224,713$169,327,216