Can I retire at age 43 with 1,290,000?

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 $1,290,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$106,527$105,578$104,652$103,749$102,866$101,371
2 years$52,736$51,754$50,802$49,879$48,984$47,481
3 years$34,808$33,822$32,872$31,958$31,077$29,613
4 years$25,846$24,863$23,923$23,024$22,165$20,750
5 years$20,470$19,493$18,565$17,685$16,849$15,489
6 years$16,887$15,917$15,003$14,143$13,332$12,027
7 years$14,329$13,367$12,468$11,627$10,843$9,594
8 years$12,411$11,458$10,574$9,754$8,995$7,802
9 years$10,921$9,976$9,107$8,308$7,575$6,438
10 years$9,729$8,794$7,940$7,162$6,454$5,371
11 years$8,754$7,829$6,990$6,233$5,551$4,521
12 years$7,943$7,026$6,203$5,467$4,810$3,833
13 years$7,256$6,350$5,542$4,827$4,195$3,268
14 years$6,669$5,772$4,980$4,284$3,677$2,800
15 years$6,160$5,273$4,496$3,821$3,238$2,408
16 years$5,715$4,838$4,076$3,421$2,861$2,078
17 years$5,323$4,455$3,709$3,074$2,537$1,799
18 years$4,975$4,117$3,386$2,770$2,256$1,560
19 years$4,664$3,815$3,100$2,503$2,011$1,356
20 years$4,384$3,545$2,845$2,267$1,796$1,181
21 years$4,132$3,302$2,617$2,058$1,607$1,030
22 years$3,902$3,083$2,412$1,871$1,441$899
23 years$3,693$2,883$2,227$1,704$1,293$786
24 years$3,502$2,701$2,059$1,554$1,162$688
25 years$3,326$2,535$1,907$1,419$1,046$603
26 years$3,164$2,383$1,769$1,298$942$528
27 years$3,014$2,242$1,643$1,188$849$463
28 years$2,875$2,113$1,527$1,088$766$407
29 years$2,746$1,993$1,421$998$692$357
30 years$2,626$1,882$1,324$916$625$313
31 years$2,514$1,780$1,234$841$565$275
32 years$2,409$1,684$1,151$773$511$242
33 years$2,310$1,595$1,075$711$463$213
34 years$2,218$1,511$1,004$654$419$187
35 years$2,131$1,433$939$602$380$165
36 years$2,049$1,361$879$555$344$145
37 years$1,971$1,292$822$511$312$127
38 years$1,898$1,228$770$471$283$112
39 years$1,829$1,168$721$434$256$99
40 years$1,764$1,111$676$400$232$87
41 years$1,701$1,058$634$370$211$77
42 years$1,642$1,007$595$341$191$67
43 years$1,586$960$558$315$174$59
44 years$1,533$915$524$291$158$52
45 years$1,482$872$492$268$143$46
46 years$1,433$832$462$248$130$41
47 years$1,387$794$434$229$118$36
48 years$1,342$758$408$212$107$31
49 years$1,300$724$383$196$97$28
50 years$1,259$692$360$181$88$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,290,000, adding $2,966 every year, while hoping to spend $39,995 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: 67/8/25 Blend
42$1,290,000$1,290,000$1,290,000$1,290,000
43$1,424,639$1,356,269$1,336,274$1,510,700
44$1,527,398$1,380,172$1,338,485$1,592,826
45$1,639,298$1,403,906$1,339,430$1,677,790
46$1,761,229$1,427,420$1,339,023$1,769,796
47$1,894,171$1,450,660$1,337,177$1,869,540
48$2,039,201$1,473,567$1,333,797$1,977,790
49$2,197,507$1,496,079$1,328,787$2,095,391
50$2,370,395$1,518,129$1,322,043$2,223,275
51$2,559,303$1,539,645$1,313,459$2,362,471
52$2,765,814$1,560,550$1,302,923$2,514,113
53$2,991,671$1,580,761$1,290,315$2,679,449
54$3,238,794$1,600,191$1,275,512$2,859,859
55$3,509,295$1,618,744$1,258,386$3,056,860
56$3,805,502$1,636,322$1,238,801$3,272,128
57$4,129,977$1,652,815$1,216,615$3,507,510
58$4,485,543$1,668,111$1,191,679$3,765,041
59$4,875,307$1,682,087$1,163,839$4,046,966
60$5,302,692$1,694,614$1,132,932$4,355,759
61$5,771,469$1,705,552$1,098,787$4,694,149
62$6,285,790$1,714,755$1,061,228$5,065,144
63$6,850,229$1,722,067$1,020,068$5,472,060
64$7,469,825$1,727,320$975,112$5,918,552
65$8,150,127$1,730,339$926,158$6,408,652
66$8,897,248$1,730,934$872,993$6,946,803
67$9,717,924$1,728,907$815,395$7,537,903
68$10,619,574$1,724,044$753,132$8,187,352
69$11,610,370$1,716,122$685,961$8,901,103
70$12,699,316$1,704,900$613,630$9,685,720
71$13,896,333$1,690,127$535,873$10,548,438
72$15,212,348$1,671,533$452,414$11,497,230
73$16,659,403$1,648,833$362,965$12,540,890
74$18,250,762$1,621,726$267,225$13,689,108
75$20,001,041$1,589,892$164,878$14,952,567
76$21,926,343$1,552,992$55,597$16,343,045
77$24,044,409$1,510,667$0$17,873,522
78$26,374,787$1,462,539$0$19,574,585
79$28,939,016$1,408,204$0$21,462,615
80$31,760,828$1,347,238$0$23,540,249
81$34,866,370$1,279,191$0$25,826,757
82$38,284,455$1,203,586$0$28,343,371
83$42,046,829$1,119,921$0$31,113,486
84$46,188,471$1,027,663$0$34,162,885
85$50,747,926$926,249$0$37,519,979
86$55,767,665$815,086$0$41,216,075
87$61,294,486$693,544$0$45,285,671
88$67,379,956$560,960$0$49,766,787
89$74,080,897$416,633$0$54,701,315
90$81,459,922$259,821$0$60,135,423
91$89,586,025$89,743$0$66,119,984
92$98,535,232$0$0$72,711,063
93$108,391,318$0$0$79,978,751
94$119,246,597$0$0$87,992,035
95$131,202,796$0$0$96,818,121
96$144,372,007$0$0$106,539,770
97$158,877,754$0$0$117,248,184
98$174,856,151$0$0$129,043,858
99$192,457,189$0$0$142,037,537
100$211,846,153$0$0$156,351,254