Can I retire at age 43 with 1,300,000?

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 $1,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$107,353$106,397$105,464$104,553$103,664$102,411
2 years$53,145$52,155$51,196$50,266$49,364$48,103
3 years$35,078$34,084$33,127$32,206$31,318$30,089
4 years$26,046$25,055$24,108$23,202$22,337$21,147
5 years$20,629$19,644$18,709$17,822$16,980$15,835
6 years$17,018$16,041$15,120$14,252$13,436$12,336
7 years$14,440$13,471$12,564$11,718$10,927$9,873
8 years$12,508$11,547$10,656$9,830$9,065$8,057
9 years$11,005$10,054$9,178$8,373$7,634$6,672
10 years$9,804$8,862$8,001$7,217$6,504$5,587
11 years$8,822$7,889$7,044$6,281$5,594$4,720
12 years$8,004$7,081$6,252$5,509$4,848$4,017
13 years$7,313$6,399$5,585$4,864$4,227$3,439
14 years$6,720$5,817$5,018$4,318$3,706$2,958
15 years$6,208$5,314$4,531$3,851$3,263$2,554
16 years$5,759$4,875$4,108$3,448$2,884$2,214
17 years$5,364$4,490$3,738$3,098$2,557$1,924
18 years$5,014$4,149$3,412$2,792$2,273$1,676
19 years$4,700$3,845$3,124$2,523$2,026$1,463
20 years$4,418$3,573$2,867$2,285$1,810$1,280
21 years$4,164$3,328$2,637$2,074$1,620$1,121
22 years$3,932$3,107$2,430$1,885$1,452$984
23 years$3,722$2,906$2,244$1,717$1,303$864
24 years$3,529$2,722$2,075$1,566$1,171$760
25 years$3,352$2,555$1,922$1,430$1,054$668
26 years$3,188$2,401$1,783$1,308$949$589
27 years$3,037$2,260$1,655$1,197$856$519
28 years$2,897$2,129$1,539$1,097$772$457
29 years$2,767$2,009$1,432$1,006$697$404
30 years$2,646$1,897$1,334$923$630$356
31 years$2,533$1,793$1,244$848$570$315
32 years$2,427$1,697$1,160$779$515$278
33 years$2,328$1,607$1,083$716$466$245
34 years$2,235$1,523$1,012$659$422$217
35 years$2,147$1,445$946$607$382$192
36 years$2,065$1,371$885$559$347$170
37 years$1,987$1,302$829$515$314$150
38 years$1,913$1,238$776$475$285$133
39 years$1,843$1,177$727$438$258$117
40 years$1,777$1,120$681$404$234$104
41 years$1,715$1,066$639$372$212$92
42 years$1,655$1,015$599$344$193$81
43 years$1,598$967$562$317$175$72
44 years$1,545$922$528$293$159$64
45 years$1,493$879$496$271$144$56
46 years$1,444$839$466$250$131$50
47 years$1,398$800$437$231$119$44
48 years$1,353$764$411$213$108$39
49 years$1,310$730$386$197$98$35
50 years$1,269$697$363$182$89$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,300,000, adding $6,717 every year, while hoping to spend $39,143 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: 78/13/9 Blend
42$1,300,000$1,300,000$1,300,000$1,300,000
43$1,439,529$1,370,629$1,350,479$1,549,272
44$1,544,713$1,396,142$1,354,072$1,647,818
45$1,659,314$1,421,593$1,356,473$1,750,136
46$1,784,251$1,446,938$1,357,602$1,861,208
47$1,920,535$1,472,129$1,357,373$1,981,891
48$2,069,281$1,497,115$1,355,696$2,113,127
49$2,231,714$1,521,839$1,352,478$2,255,952
50$2,409,183$1,546,244$1,347,621$2,411,510
51$2,603,174$1,570,263$1,341,020$2,581,058
52$2,815,321$1,593,830$1,332,568$2,765,985
53$3,047,427$1,616,871$1,322,152$2,967,816
54$3,301,473$1,639,306$1,309,652$3,188,234
55$3,579,642$1,661,051$1,294,945$3,429,094
56$3,884,340$1,682,016$1,277,899$3,692,438
57$4,218,213$1,702,106$1,258,380$3,980,515
58$4,584,178$1,721,216$1,236,243$4,295,806
59$4,985,446$1,739,238$1,211,339$4,641,041
60$5,425,555$1,756,054$1,183,512$5,019,232
61$5,908,400$1,771,539$1,152,598$5,433,694
62$6,438,272$1,785,559$1,118,425$5,888,082
63$7,019,898$1,797,975$1,080,815$6,386,423
64$7,658,486$1,808,633$1,039,580$6,933,156
65$8,359,770$1,817,375$994,525$7,533,170
66$9,130,069$1,824,028$945,444$8,191,854
67$9,976,342$1,828,412$892,123$8,915,146
68$10,906,258$1,830,334$834,338$9,709,590
69$11,928,265$1,829,588$771,856$10,582,398
70$13,051,667$1,825,957$704,432$11,541,516
71$14,286,717$1,819,210$631,812$12,595,703
72$15,644,713$1,809,101$553,727$13,754,609
73$17,138,097$1,795,370$469,901$15,028,871
74$18,780,581$1,777,742$380,041$16,430,209
75$20,587,273$1,755,924$283,844$17,971,542
76$22,574,815$1,729,605$180,994$19,667,104
77$24,761,548$1,698,457$71,159$21,532,583
78$27,167,677$1,662,132$0$23,585,268
79$29,815,465$1,620,262$0$25,848,635
80$32,729,443$1,572,455$0$28,346,838
81$35,936,640$1,518,300$0$31,096,215
82$39,466,839$1,457,357$0$34,122,305
83$43,352,854$1,389,165$0$37,453,251
84$47,630,845$1,313,235$0$41,120,069
85$52,340,655$1,229,047$0$45,156,934
86$57,526,188$1,136,056$0$49,601,510
87$63,235,818$1,033,682$0$54,495,300
88$69,522,852$921,313$0$59,884,039
89$76,446,029$798,303$0$65,818,129
90$84,070,072$663,969$0$72,353,111
91$92,466,305$517,588$0$79,550,192
92$101,713,317$358,400$0$87,476,823
93$111,897,712$185,597$0$96,207,332
94$123,114,918$0$0$105,823,632
95$135,470,093$0$0$116,416,228
96$149,079,117$0$0$128,113,104
97$164,069,679$0$0$140,997,468
98$180,582,491$0$0$155,190,267
99$198,772,607$0$0$170,824,780
100$218,810,892$0$0$188,047,873