Can I retire at age 43 with 1,330,000?

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 $1,330,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$109,830$108,852$107,897$106,966$106,056$105,432
2 years$54,371$53,359$52,377$51,426$50,503$49,873
3 years$35,888$34,871$33,892$32,949$32,041$31,425
4 years$26,647$25,634$24,664$23,738$22,852$22,255
5 years$21,105$20,097$19,141$18,233$17,372$16,795
6 years$17,411$16,411$15,468$14,581$13,746$13,190
7 years$14,773$13,782$12,854$11,988$11,179$10,645
8 years$12,796$11,813$10,902$10,056$9,274$8,762
9 years$11,259$10,286$9,389$8,566$7,810$7,319
10 years$10,030$9,066$8,186$7,384$6,655$6,185
11 years$9,026$8,071$7,207$6,426$5,723$5,274
12 years$8,189$7,244$6,396$5,637$4,960$4,531
13 years$7,481$6,547$5,714$4,976$4,325$3,916
14 years$6,876$5,951$5,134$4,417$3,791$3,402
15 years$6,351$5,436$4,636$3,939$3,338$2,968
16 years$5,892$4,988$4,203$3,527$2,950$2,598
17 years$5,488$4,593$3,824$3,169$2,616$2,282
18 years$5,129$4,244$3,491$2,856$2,326$2,009
19 years$4,809$3,934$3,196$2,581$2,073$1,774
20 years$4,520$3,655$2,933$2,337$1,852$1,568
21 years$4,260$3,405$2,698$2,121$1,657$1,389
22 years$4,023$3,178$2,487$1,929$1,485$1,233
23 years$3,808$2,973$2,296$1,757$1,333$1,095
24 years$3,610$2,785$2,123$1,602$1,198$974
25 years$3,429$2,614$1,967$1,463$1,078$867
26 years$3,262$2,457$1,824$1,338$971$773
27 years$3,107$2,312$1,694$1,225$876$689
28 years$2,964$2,178$1,574$1,122$790$615
29 years$2,831$2,055$1,465$1,029$714$549
30 years$2,707$1,941$1,365$944$645$491
31 years$2,592$1,835$1,272$867$583$439
32 years$2,483$1,736$1,187$797$527$392
33 years$2,382$1,644$1,108$733$477$351
34 years$2,287$1,558$1,036$674$432$314
35 years$2,197$1,478$968$621$391$281
36 years$2,112$1,403$906$572$355$252
37 years$2,033$1,332$848$527$321$226
38 years$1,957$1,266$794$486$291$202
39 years$1,886$1,204$744$448$264$181
40 years$1,818$1,146$697$413$240$162
41 years$1,754$1,090$654$381$217$145
42 years$1,693$1,038$613$352$197$130
43 years$1,635$989$575$325$179$117
44 years$1,580$943$540$300$163$105
45 years$1,528$899$507$277$148$94
46 years$1,478$858$476$256$134$84
47 years$1,430$819$448$236$122$76
48 years$1,384$782$421$218$110$68
49 years$1,340$746$395$202$100$61
50 years$1,299$713$372$186$91$55

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,330,000, adding $6,794 every year, while hoping to spend $37,551 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: 57/15/28 Blend
42$1,330,000$1,330,000$1,330,000$1,330,000
43$1,472,668$1,402,178$1,381,563$1,544,946
44$1,582,926$1,430,931$1,387,891$1,624,076
45$1,703,172$1,459,834$1,393,173$1,705,777
46$1,834,385$1,488,855$1,397,334$1,794,065
47$1,977,642$1,517,959$1,400,295$1,889,587
48$2,134,131$1,547,108$1,401,973$1,993,060
49$2,305,156$1,576,260$1,402,284$2,105,271
50$2,492,157$1,605,372$1,401,135$2,227,092
51$2,696,715$1,634,393$1,398,431$2,359,481
52$2,920,575$1,663,274$1,394,074$2,503,497
53$3,165,656$1,691,956$1,387,957$2,660,306
54$3,434,071$1,720,380$1,379,972$2,831,194
55$3,728,148$1,748,480$1,370,003$3,017,581
56$4,050,450$1,776,187$1,357,929$3,221,031
57$4,403,802$1,803,426$1,343,626$3,443,269
58$4,791,312$1,830,116$1,326,959$3,686,197
59$5,216,405$1,856,171$1,307,792$3,951,913
60$5,682,854$1,881,499$1,285,978$4,242,731
61$6,194,813$1,906,001$1,261,366$4,561,201
62$6,756,860$1,929,570$1,233,798$4,910,136
63$7,374,036$1,952,096$1,203,106$5,292,636
64$8,051,895$1,973,456$1,169,118$5,712,122
65$8,796,555$1,993,522$1,131,651$6,172,364
66$9,614,758$2,012,159$1,090,514$6,677,518
67$10,513,926$2,029,218$1,045,510$7,232,169
68$11,502,242$2,044,544$996,430$7,841,371
69$12,588,716$2,057,973$943,056$8,510,695
70$13,783,278$2,069,327$885,161$9,246,285
71$15,096,867$2,078,418$822,508$10,054,913
72$16,541,534$2,085,047$754,849$10,944,048
73$18,130,557$2,089,001$681,924$11,921,921
74$19,878,568$2,090,056$603,462$12,997,608
75$21,801,684$2,087,971$519,180$14,181,116
76$23,917,667$2,082,492$428,783$15,483,475
77$26,246,084$2,073,350$331,963$16,916,845
78$28,808,498$2,060,257$228,397$18,494,631
79$31,628,665$2,042,910$117,748$20,231,613
80$34,732,763$2,020,987$0$22,144,080
81$38,149,635$1,994,145$0$24,250,090
82$41,911,063$1,962,024$0$26,606,889
83$46,052,067$1,924,238$0$29,201,196
84$50,611,234$1,880,383$0$32,057,186
85$55,631,086$1,830,027$0$35,201,498
86$61,158,473$1,772,715$0$38,663,491
87$67,245,024$1,707,965$0$42,475,515
88$73,947,628$1,635,266$0$46,673,225
89$81,328,971$1,554,079$0$51,295,910
90$89,458,129$1,463,832$0$56,386,869
91$98,411,220$1,363,922$0$61,993,819
92$108,272,119$1,253,709$0$68,169,342
93$119,133,254$1,132,520$0$74,971,390
94$131,096,472$999,639$0$82,463,823
95$144,274,004$854,313$0$90,717,018
96$158,789,523$695,746$0$99,808,533
97$174,779,312$523,095$0$109,823,838
98$192,393,548$335,472$0$120,857,124
99$211,797,717$131,938$0$133,012,192
100$233,174,183$0$0$146,403,434