Can I retire at age 43 with 1,250,000?

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 $1,250,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$103,224$102,304$101,407$100,532$99,677$98,431
2 years$51,101$50,149$49,227$48,333$47,465$46,212
3 years$33,729$32,773$31,853$30,967$30,114$28,892
4 years$25,045$24,092$23,181$22,310$21,477$20,296
5 years$19,835$18,888$17,989$17,136$16,327$15,189
6 years$16,364$15,424$14,538$13,704$12,919$11,827
7 years$13,885$12,953$12,081$11,267$10,506$9,460
8 years$12,027$11,103$10,246$9,451$8,716$7,716
9 years$10,582$9,667$8,825$8,051$7,340$6,385
10 years$9,427$8,521$7,694$6,940$6,254$5,344
11 years$8,483$7,586$6,773$6,040$5,379$4,512
12 years$7,696$6,809$6,011$5,298$4,661$3,837
13 years$7,031$6,153$5,371$4,677$4,065$3,283
14 years$6,462$5,593$4,825$4,152$3,563$2,822
15 years$5,969$5,109$4,357$3,703$3,137$2,435
16 years$5,538$4,688$3,950$3,315$2,773$2,109
17 years$5,158$4,317$3,594$2,979$2,458$1,832
18 years$4,821$3,989$3,281$2,684$2,186$1,595
19 years$4,519$3,697$3,004$2,426$1,948$1,391
20 years$4,248$3,436$2,757$2,197$1,740$1,216
21 years$4,004$3,200$2,536$1,994$1,557$1,064
22 years$3,781$2,987$2,337$1,813$1,396$933
23 years$3,579$2,794$2,158$1,651$1,253$819
24 years$3,393$2,618$1,996$1,506$1,126$719
25 years$3,223$2,457$1,848$1,375$1,014$633
26 years$3,066$2,309$1,714$1,257$913$557
27 years$2,921$2,173$1,592$1,151$823$490
28 years$2,786$2,047$1,480$1,054$743$432
29 years$2,661$1,931$1,377$967$671$381
30 years$2,544$1,824$1,283$887$606$336
31 years$2,436$1,724$1,196$815$548$296
32 years$2,334$1,632$1,116$749$496$261
33 years$2,239$1,545$1,042$689$448$231
34 years$2,149$1,464$973$634$406$204
35 years$2,065$1,389$910$583$368$180
36 years$1,985$1,318$851$537$333$159
37 years$1,910$1,252$797$495$302$141
38 years$1,840$1,190$746$456$274$124
39 years$1,772$1,132$699$421$248$110
40 years$1,709$1,077$655$388$225$97
41 years$1,649$1,025$614$358$204$86
42 years$1,591$976$576$330$185$76
43 years$1,537$930$541$305$168$67
44 years$1,485$886$508$282$153$59
45 years$1,436$845$477$260$139$53
46 years$1,389$806$448$240$126$46
47 years$1,344$770$421$222$114$41
48 years$1,301$735$395$205$104$36
49 years$1,260$702$372$190$94$32
50 years$1,220$670$349$175$86$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,250,000, adding $2,287 every year, while hoping to spend $43,800 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: 45/37/18 Blend
42$1,250,000$1,250,000$1,250,000$1,250,000
43$1,379,859$1,313,609$1,294,234$1,434,724
44$1,474,002$1,331,373$1,290,988$1,491,131
45$1,576,279$1,348,539$1,286,165$1,547,719
46$1,687,475$1,365,033$1,279,667$1,608,159
47$1,808,450$1,380,772$1,271,389$1,672,829
48$1,940,154$1,395,672$1,261,222$1,742,146
49$2,083,629$1,409,640$1,249,053$1,816,569
50$2,240,025$1,422,578$1,234,762$1,896,609
51$2,410,605$1,434,382$1,218,224$1,982,829
52$2,596,761$1,444,940$1,199,308$2,075,850
53$2,800,022$1,454,135$1,177,877$2,176,361
54$3,022,076$1,461,839$1,153,787$2,285,122
55$3,264,778$1,467,919$1,126,889$2,402,974
56$3,530,170$1,472,232$1,097,025$2,530,845
57$3,820,503$1,474,626$1,064,030$2,669,762
58$4,138,252$1,474,941$1,027,733$2,820,857
59$4,486,146$1,473,005$987,954$2,985,385
60$4,867,187$1,468,636$944,505$3,164,729
61$5,284,683$1,461,643$897,189$3,360,418
62$5,742,277$1,451,819$845,801$3,574,140
63$6,243,980$1,438,949$790,126$3,807,762
64$6,794,210$1,422,802$729,940$4,063,343
65$7,397,834$1,403,134$665,007$4,343,158
66$8,060,212$1,379,686$595,084$4,649,720
67$8,787,248$1,352,186$519,914$4,985,803
68$9,585,446$1,320,342$439,230$5,354,470
69$10,461,971$1,283,847$352,753$5,759,103
70$11,424,713$1,242,377$260,191$6,203,435
71$12,482,367$1,195,586$161,241$6,691,587
72$13,644,510$1,143,112$55,584$7,228,109
73$14,921,693$1,084,567$0$7,818,022
74$16,325,541$1,019,546$0$8,477,848
75$17,868,858$947,616$0$9,214,830
76$19,565,755$868,323$0$10,025,099
77$21,431,775$781,183$0$10,916,178
78$23,484,043$685,689$0$11,896,360
79$25,741,430$581,301$0$12,974,793
80$28,224,723$467,452$0$14,161,566
81$30,956,828$343,541$0$15,467,804
82$33,962,984$208,934$0$16,905,775
83$37,270,997$62,960$0$18,489,008
84$40,911,506$0$0$20,232,423
85$44,918,272$0$0$22,191,186
86$49,328,493$0$0$24,375,575
87$54,183,155$0$0$26,780,280
88$59,527,423$0$0$29,427,694
89$65,411,060$0$0$32,342,493
90$71,888,900$0$0$35,551,866
91$79,021,367$0$0$39,085,775
92$86,875,039$0$0$42,977,232
93$95,523,281$0$0$47,262,615
94$105,046,933$0$0$51,982,012
95$115,535,077$0$0$57,179,594
96$127,085,872$0$0$62,904,034
97$139,807,484$0$0$69,208,969
98$153,819,104$0$0$76,153,502
99$169,252,074$0$0$83,802,762
100$186,251,125$0$0$92,228,517