Can I retire at age 43 with 1,200,000?

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 $1,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$99,095$98,212$97,351$96,510$95,690$93,150
2 years$49,057$48,143$47,258$46,399$45,567$43,025
3 years$32,380$31,462$30,579$29,728$28,909$26,446
4 years$24,043$23,128$22,254$21,418$20,618$18,253
5 years$19,042$18,133$17,270$16,451$15,674$13,412
6 years$15,709$14,807$13,956$13,156$12,402$10,246
7 years$13,329$12,435$11,598$10,816$10,086$8,036
8 years$11,546$10,659$9,836$9,073$8,367$6,422
9 years$10,159$9,280$8,472$7,729$7,047$5,205
10 years$9,050$8,180$7,386$6,662$6,004$4,263
11 years$8,143$7,282$6,502$5,798$5,164$3,521
12 years$7,388$6,536$5,771$5,086$4,475$2,927
13 years$6,750$5,907$5,156$4,490$3,902$2,447
14 years$6,204$5,369$4,632$3,986$3,421$2,054
15 years$5,730$4,905$4,182$3,554$3,012$1,730
16 years$5,316$4,500$3,792$3,183$2,662$1,462
17 years$4,952$4,144$3,451$2,860$2,360$1,238
18 years$4,628$3,830$3,150$2,577$2,098$1,051
19 years$4,339$3,549$2,884$2,329$1,870$893
20 years$4,078$3,298$2,646$2,109$1,671$761
21 years$3,843$3,072$2,434$1,914$1,495$648
22 years$3,630$2,868$2,244$1,740$1,340$553
23 years$3,435$2,682$2,071$1,585$1,203$472
24 years$3,257$2,513$1,916$1,446$1,081$404
25 years$3,094$2,358$1,774$1,320$973$345
26 years$2,943$2,216$1,646$1,207$876$295
27 years$2,804$2,086$1,528$1,105$790$253
28 years$2,675$1,966$1,421$1,012$713$217
29 years$2,555$1,854$1,322$928$644$186
30 years$2,443$1,751$1,231$852$582$159
31 years$2,338$1,655$1,148$782$526$136
32 years$2,241$1,566$1,071$719$476$117
33 years$2,149$1,483$1,000$661$431$100
34 years$2,063$1,406$934$608$390$86
35 years$1,982$1,333$874$560$353$74
36 years$1,906$1,266$817$516$320$63
37 years$1,834$1,202$765$475$290$54
38 years$1,766$1,142$716$438$263$47
39 years$1,702$1,086$671$404$238$40
40 years$1,641$1,034$629$373$216$34
41 years$1,583$984$590$344$196$29
42 years$1,528$937$553$317$178$25
43 years$1,476$893$519$293$162$22
44 years$1,426$851$487$270$147$19
45 years$1,378$811$458$250$133$16
46 years$1,333$774$430$231$121$14
47 years$1,290$739$404$213$110$12
48 years$1,249$705$379$197$100$10
49 years$1,209$673$357$182$91$9
50 years$1,172$643$335$168$82$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,200,000, adding $4,271 every year, while hoping to spend $27,189 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: 61/23/16 Blend
42$1,200,000$1,200,000$1,200,000$1,200,000
43$1,326,806$1,263,206$1,244,606$1,402,139
44$1,433,211$1,296,174$1,257,371$1,486,361
45$1,549,558$1,329,846$1,269,653$1,574,799
46$1,676,833$1,364,228$1,281,406$1,670,668
47$1,816,120$1,399,326$1,292,583$1,774,693
48$1,968,615$1,435,143$1,303,135$1,887,668
49$2,135,632$1,471,684$1,313,009$2,010,470
50$2,318,621$1,508,951$1,322,149$2,144,066
51$2,519,177$1,546,946$1,330,498$2,289,518
52$2,739,058$1,585,671$1,337,994$2,447,998
53$2,980,198$1,625,126$1,344,574$2,620,797
54$3,244,731$1,665,309$1,350,169$2,809,336
55$3,535,003$1,706,219$1,354,709$3,015,182
56$3,853,601$1,747,851$1,358,120$3,240,060
57$4,203,374$1,790,201$1,360,322$3,485,870
58$4,587,460$1,833,263$1,361,235$3,754,709
59$5,009,316$1,877,028$1,360,771$4,048,882
60$5,472,750$1,921,486$1,358,841$4,370,934
61$5,981,958$1,966,627$1,355,350$4,723,665
62$6,541,561$2,012,435$1,350,197$5,110,163
63$7,156,651$2,058,895$1,343,280$5,533,830
64$7,832,837$2,105,989$1,334,488$5,998,414
65$8,576,301$2,153,696$1,323,707$6,508,046
66$9,393,849$2,201,993$1,310,817$7,067,278
67$10,292,985$2,250,854$1,295,692$7,681,124
68$11,281,973$2,300,249$1,278,201$8,355,114
69$12,369,919$2,350,146$1,258,206$9,095,337
70$13,566,857$2,400,510$1,235,563$9,908,505
71$14,883,842$2,451,300$1,210,119$10,802,017
72$16,333,054$2,502,474$1,181,719$11,784,022
73$17,927,914$2,553,984$1,150,195$12,863,506
74$19,683,210$2,605,778$1,115,375$14,050,366
75$21,615,235$2,657,799$1,077,078$15,355,512
76$23,741,944$2,709,986$1,035,115$16,790,968
77$26,083,119$2,762,271$989,287$18,369,983
78$28,660,557$2,814,583$939,389$20,107,159
79$31,498,278$2,866,842$885,203$22,018,587
80$34,622,749$2,918,964$826,503$24,122,000
81$38,063,133$2,970,856$763,055$26,436,942
82$41,851,565$3,022,421$694,609$28,984,951
83$46,023,456$3,073,550$620,910$31,789,763
84$50,617,825$3,124,131$541,687$34,877,534
85$55,677,669$3,174,040$456,660$38,277,092
86$61,250,367$3,223,144$365,534$42,020,206
87$67,388,129$3,271,301$268,003$46,141,888
88$74,148,483$3,318,361$163,747$50,680,720
89$81,594,828$3,364,159$52,431$55,679,226
90$89,797,020$3,408,523$0$61,184,265
91$98,832,040$3,451,265$0$67,258,810
92$108,784,718$3,492,186$0$73,958,733
93$119,748,531$3,531,075$0$81,337,861
94$131,826,488$3,567,705$0$89,465,382
95$145,132,100$3,601,832$0$98,417,543
96$159,790,452$3,633,201$0$108,278,366
97$175,939,386$3,661,535$0$119,140,442
98$193,730,795$3,686,542$0$131,105,809
99$213,332,064$3,707,910$0$144,286,909
100$234,927,645$3,725,309$0$158,807,654