Can I retire at age 43 with 1,310,000?

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 $1,310,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$108,179$107,215$106,275$105,357$104,461$102,520
2 years$53,554$52,556$51,590$50,653$49,743$47,795
3 years$35,348$34,346$33,382$32,454$31,559$29,664
4 years$26,247$25,248$24,294$23,381$22,508$20,681
5 years$20,787$19,795$18,853$17,959$17,110$15,357
6 years$17,149$16,164$15,236$14,362$13,539$11,860
7 years$14,551$13,574$12,661$11,808$11,011$9,408
8 years$12,604$11,636$10,738$9,905$9,135$7,607
9 years$11,090$10,131$9,248$8,437$7,693$6,239
10 years$9,880$8,930$8,063$7,273$6,554$5,174
11 years$8,890$7,950$7,098$6,329$5,637$4,328
12 years$8,066$7,135$6,300$5,552$4,885$3,646
13 years$7,369$6,448$5,628$4,901$4,260$3,088
14 years$6,772$5,861$5,057$4,351$3,734$2,628
15 years$6,255$5,354$4,566$3,880$3,288$2,245
16 years$5,804$4,913$4,140$3,474$2,906$1,924
17 years$5,406$4,524$3,767$3,122$2,576$1,653
18 years$5,052$4,181$3,439$2,813$2,291$1,424
19 years$4,736$3,875$3,148$2,542$2,042$1,228
20 years$4,452$3,600$2,889$2,302$1,824$1,062
21 years$4,196$3,354$2,657$2,089$1,632$919
22 years$3,963$3,131$2,449$1,900$1,463$796
23 years$3,750$2,928$2,261$1,730$1,313$691
24 years$3,556$2,743$2,091$1,578$1,180$600
25 years$3,377$2,574$1,937$1,441$1,062$521
26 years$3,213$2,420$1,797$1,318$957$453
27 years$3,061$2,277$1,668$1,206$863$394
28 years$2,920$2,146$1,551$1,105$778$343
29 years$2,789$2,024$1,443$1,013$703$299
30 years$2,667$1,912$1,344$930$635$260
31 years$2,553$1,807$1,253$854$574$227
32 years$2,446$1,710$1,169$785$519$198
33 years$2,346$1,619$1,092$722$470$172
34 years$2,252$1,535$1,020$664$426$150
35 years$2,164$1,456$954$611$385$131
36 years$2,081$1,382$892$563$349$114
37 years$2,002$1,312$835$519$317$100
38 years$1,928$1,247$782$478$287$87
39 years$1,858$1,186$733$441$260$76
40 years$1,791$1,128$687$407$236$66
41 years$1,728$1,074$644$375$214$58
42 years$1,668$1,023$604$346$194$51
43 years$1,611$975$567$320$176$44
44 years$1,556$929$532$295$160$39
45 years$1,505$886$500$273$145$34
46 years$1,455$845$469$252$132$29
47 years$1,408$806$441$233$120$26
48 years$1,363$770$414$215$109$22
49 years$1,320$735$389$199$99$20
50 years$1,279$702$366$184$90$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,310,000, adding $2,467 every year, while hoping to spend $50,772 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: 57/17/26 Blend
42$1,310,000$1,310,000$1,310,000$1,310,000
43$1,446,165$1,376,735$1,356,430$1,518,202
44$1,539,652$1,390,174$1,347,849$1,581,269
45$1,640,974$1,402,570$1,337,279$1,644,411
46$1,750,876$1,413,817$1,324,600$1,712,176
47$1,870,177$1,423,806$1,309,686$1,785,023
48$1,999,779$1,432,416$1,292,404$1,863,463
49$2,140,674$1,439,522$1,272,617$1,948,060
50$2,293,953$1,444,989$1,250,180$2,039,436
51$2,460,816$1,448,675$1,224,942$2,138,280
52$2,642,586$1,450,426$1,196,744$2,245,351
53$2,840,716$1,450,083$1,165,421$2,361,489
54$3,056,805$1,447,473$1,130,798$2,487,624
55$3,292,614$1,442,414$1,092,696$2,624,779
56$3,550,083$1,434,715$1,050,923$2,774,088
57$3,831,345$1,424,169$1,005,282$2,936,800
58$4,138,749$1,410,560$955,566$3,114,298
59$4,474,881$1,393,657$901,557$3,308,107
60$4,842,588$1,373,216$843,029$3,519,910
61$5,245,007$1,348,979$779,746$3,751,569
62$5,685,590$1,320,671$711,459$4,005,135
63$6,168,138$1,288,002$637,911$4,282,878
64$6,696,839$1,250,664$558,832$4,587,299
65$7,276,303$1,208,333$473,939$4,921,161
66$7,911,609$1,160,664$382,938$5,287,514
67$8,608,349$1,107,293$285,523$5,689,723
68$9,372,684$1,047,833$181,371$6,131,503
69$10,211,398$981,879$70,148$6,616,954
70$11,131,967$908,997$0$7,150,601
71$12,142,623$828,733$0$7,750,902
72$13,252,434$740,604$0$8,431,542
73$14,471,391$644,102$0$9,179,223
74$15,810,498$538,689$0$10,000,762
75$17,281,880$423,795$0$10,903,672
76$18,898,892$298,822$0$11,896,234
77$20,676,248$163,133$0$12,987,577
78$22,630,160$16,061$0$14,187,763
79$24,778,485$0$0$15,507,883
80$27,140,902$0$0$16,986,933
81$29,739,088$0$0$18,617,025
82$32,596,928$0$0$20,410,155
83$35,740,737$0$0$22,382,852
84$39,199,512$0$0$24,553,325
85$43,005,198$0$0$26,941,641
86$47,192,995$0$0$29,569,907
87$51,801,687$0$0$32,462,483
88$56,874,008$0$0$35,646,210
89$62,457,046$0$0$39,150,662
90$68,602,683$0$0$43,008,427
91$75,368,088$0$0$47,255,413
92$82,816,254$0$0$51,931,186
93$91,016,592$0$0$57,079,343
94$100,045,587$0$0$62,747,923
95$109,987,517$0$0$68,989,864
96$120,935,248$0$0$75,863,494
97$132,991,110$0$0$83,433,089
98$146,267,866$0$0$91,769,476
99$160,889,768$0$0$100,950,700
100$176,993,736$0$0$111,062,763