Can I retire at age 43 with 1,370,000?

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 $1,370,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$113,133$112,126$111,142$110,183$109,246$107,436
2 years$56,007$54,964$53,953$52,972$52,022$50,204
3 years$36,967$35,919$34,911$33,940$33,005$31,235
4 years$27,449$26,404$25,406$24,452$23,539$21,831
5 years$21,740$20,701$19,716$18,781$17,894$16,253
6 years$17,935$16,904$15,934$15,020$14,159$12,587
7 years$15,218$14,196$13,241$12,348$11,515$10,012
8 years$13,181$12,169$11,229$10,359$9,553$8,119
9 years$11,598$10,595$9,672$8,823$8,045$6,679
10 years$10,332$9,339$8,432$7,606$6,855$5,556
11 years$9,297$8,314$7,424$6,619$5,895$4,662
12 years$8,435$7,462$6,588$5,806$5,109$3,940
13 years$7,706$6,744$5,886$5,126$4,455$3,348
14 years$7,082$6,130$5,289$4,550$3,905$2,859
15 years$6,542$5,600$4,775$4,058$3,438$2,451
16 years$6,070$5,138$4,329$3,633$3,039$2,107
17 years$5,653$4,732$3,939$3,265$2,694$1,817
18 years$5,284$4,372$3,596$2,942$2,396$1,571
19 years$4,953$4,052$3,292$2,658$2,135$1,360
20 years$4,656$3,765$3,021$2,408$1,907$1,180
21 years$4,388$3,507$2,779$2,185$1,707$1,025
22 years$4,144$3,274$2,561$1,987$1,530$892
23 years$3,922$3,062$2,365$1,809$1,373$777
24 years$3,719$2,869$2,187$1,650$1,234$677
25 years$3,532$2,692$2,026$1,507$1,111$591
26 years$3,360$2,530$1,879$1,378$1,001$516
27 years$3,201$2,381$1,745$1,261$902$450
28 years$3,053$2,244$1,622$1,156$814$394
29 years$2,916$2,117$1,509$1,060$735$344
30 years$2,789$1,999$1,406$973$664$301
31 years$2,670$1,890$1,311$893$600$263
32 years$2,558$1,788$1,223$821$543$231
33 years$2,453$1,693$1,142$755$492$202
34 years$2,355$1,605$1,067$695$445$177
35 years$2,263$1,522$997$639$403$155
36 years$2,176$1,445$933$589$365$136
37 years$2,094$1,372$873$543$331$119
38 years$2,016$1,304$818$500$300$104
39 years$1,943$1,240$766$461$272$91
40 years$1,873$1,180$718$425$247$80
41 years$1,807$1,123$673$392$224$70
42 years$1,744$1,070$632$362$203$62
43 years$1,685$1,019$593$334$184$54
44 years$1,628$972$556$309$167$47
45 years$1,574$926$522$285$152$41
46 years$1,522$884$491$263$138$36
47 years$1,473$843$461$243$125$32
48 years$1,426$805$433$225$114$28
49 years$1,381$769$407$208$103$25
50 years$1,338$734$383$192$94$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,370,000, adding $3,032 every year, while hoping to spend $38,479 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: 67/10/23 Blend
42$1,370,000$1,370,000$1,370,000$1,370,000
43$1,512,868$1,440,258$1,419,023$1,605,149
44$1,626,239$1,469,889$1,425,618$1,697,099
45$1,749,884$1,499,682$1,431,146$1,792,935
46$1,884,811$1,529,605$1,435,528$1,896,845
47$2,032,128$1,559,623$1,438,684$2,009,625
48$2,193,056$1,589,695$1,440,531$2,132,153
49$2,368,939$1,619,781$1,440,980$2,265,396
50$2,561,256$1,649,836$1,439,938$2,410,418
51$2,771,636$1,679,810$1,437,308$2,568,395
52$3,001,872$1,709,650$1,432,987$2,740,620
53$3,253,940$1,739,299$1,426,869$2,928,521
54$3,530,013$1,768,696$1,418,841$3,133,671
55$3,832,488$1,797,776$1,408,785$3,357,802
56$4,164,001$1,826,466$1,396,578$3,602,826
57$4,527,457$1,854,691$1,382,092$3,870,849
58$4,926,055$1,882,368$1,365,190$4,164,192
59$5,363,320$1,909,411$1,345,731$4,485,415
60$5,843,132$1,935,726$1,323,566$4,837,337
61$6,369,766$1,961,212$1,298,541$5,223,069
62$6,947,933$1,985,761$1,270,492$5,646,037
63$7,582,818$2,009,260$1,239,250$6,110,019
64$8,280,137$2,031,585$1,204,636$6,619,180
65$9,046,185$2,052,607$1,166,465$7,178,110
66$9,887,896$2,072,184$1,124,542$7,791,867
67$10,812,910$2,090,170$1,078,662$8,466,029
68$11,829,643$2,106,405$1,028,614$9,206,743
69$12,947,368$2,120,720$974,174$10,020,785
70$14,176,301$2,132,937$915,111$10,915,624
71$15,527,697$2,142,864$851,180$11,899,492
72$17,013,956$2,150,298$782,128$12,981,463
73$18,648,739$2,155,022$707,689$14,171,540
74$20,447,101$2,156,808$627,587$15,480,745
75$22,425,625$2,155,412$541,531$16,921,231
76$24,602,586$2,150,574$449,219$18,506,391
77$26,998,117$2,142,020$350,336$20,250,986
78$29,634,404$2,129,458$244,551$22,171,290
79$32,535,890$2,112,578$131,520$24,285,234
80$35,729,509$2,091,053$10,885$26,612,586
81$39,244,939$2,064,534$0$29,175,133
82$43,114,879$2,032,653$0$32,025,809
83$47,375,362$1,995,019$0$35,166,890
84$52,066,092$1,951,218$0$38,624,971
85$57,230,818$1,900,811$0$42,432,307
86$62,917,745$1,843,335$0$46,624,443
87$69,179,995$1,778,299$0$51,240,547
88$76,076,101$1,705,181$0$56,323,781
89$83,670,562$1,623,434$0$61,921,708
90$92,034,450$1,532,473$0$68,086,743
91$101,246,084$1,431,684$0$74,876,646
92$111,391,764$1,320,417$0$82,355,068
93$122,566,590$1,197,982$0$90,592,149
94$134,875,352$1,063,654$0$99,665,185
95$148,433,528$916,663$0$109,659,357
96$163,368,366$756,197$0$120,668,529
97$179,820,088$581,399$0$132,796,143
98$197,943,212$391,363$0$146,156,189
99$217,908,011$185,132$0$160,874,286
100$239,902,120$0$0$177,088,865