Can I retire at age 43 with 1,380,000?

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 $1,380,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$113,959$112,944$111,954$110,987$110,043$107,865
2 years$56,415$55,365$54,346$53,359$52,401$50,217
3 years$37,237$36,181$35,166$34,188$33,246$31,122
4 years$27,649$26,597$25,592$24,630$23,711$21,665
5 years$21,898$20,853$19,860$18,918$18,025$16,062
6 years$18,065$17,028$16,050$15,129$14,262$12,385
7 years$15,329$14,300$13,338$12,439$11,599$9,807
8 years$13,277$12,258$11,311$10,434$9,623$7,916
9 years$11,683$10,672$9,742$8,888$8,104$6,481
10 years$10,407$9,407$8,494$7,661$6,905$5,365
11 years$9,365$8,375$7,478$6,668$5,938$4,479
12 years$8,497$7,517$6,636$5,848$5,146$3,765
13 years$7,763$6,793$5,929$5,163$4,487$3,183
14 years$7,134$6,175$5,327$4,583$3,934$2,703
15 years$6,590$5,641$4,810$4,088$3,463$2,304
16 years$6,114$5,175$4,361$3,660$3,061$1,971
17 years$5,695$4,766$3,968$3,288$2,714$1,690
18 years$5,322$4,404$3,622$2,964$2,413$1,452
19 years$4,989$4,082$3,316$2,678$2,151$1,250
20 years$4,690$3,793$3,043$2,425$1,921$1,078
21 years$4,420$3,533$2,799$2,201$1,719$931
22 years$4,174$3,298$2,580$2,001$1,541$805
23 years$3,951$3,084$2,382$1,823$1,383$697
24 years$3,746$2,890$2,203$1,662$1,243$603
25 years$3,558$2,712$2,041$1,518$1,119$523
26 years$3,384$2,549$1,893$1,388$1,008$454
27 years$3,224$2,399$1,757$1,271$909$394
28 years$3,076$2,260$1,634$1,164$820$342
29 years$2,938$2,132$1,520$1,068$740$297
30 years$2,809$2,014$1,416$980$669$258
31 years$2,689$1,904$1,320$900$605$224
32 years$2,577$1,801$1,232$827$547$195
33 years$2,471$1,706$1,150$760$495$170
34 years$2,372$1,617$1,075$700$448$148
35 years$2,279$1,533$1,005$644$406$128
36 years$2,192$1,455$940$593$368$112
37 years$2,109$1,382$880$547$333$97
38 years$2,031$1,314$824$504$302$85
39 years$1,957$1,249$772$464$274$74
40 years$1,887$1,189$723$428$249$64
41 years$1,820$1,131$678$395$226$56
42 years$1,757$1,078$636$365$205$49
43 years$1,697$1,027$597$337$186$42
44 years$1,640$979$560$311$169$37
45 years$1,585$933$526$287$153$32
46 years$1,533$890$494$265$139$28
47 years$1,484$850$464$245$126$24
48 years$1,436$811$436$226$115$21
49 years$1,391$774$410$209$104$18
50 years$1,347$740$386$193$95$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,380,000, adding $2,584 every year, while hoping to spend $27,558 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: 31/39/30 Blend
42$1,380,000$1,380,000$1,380,000$1,380,000
43$1,523,425$1,450,285$1,428,895$1,556,626
44$1,649,493$1,492,028$1,447,442$1,624,465
45$1,787,496$1,534,892$1,465,686$1,694,859
46$1,938,623$1,578,904$1,483,589$1,770,101
47$2,104,182$1,624,090$1,501,108$1,850,637
48$2,285,615$1,670,476$1,518,201$1,936,956
49$2,484,507$1,718,089$1,534,821$2,029,597
50$2,702,609$1,766,957$1,550,919$2,129,154
51$2,941,844$1,817,107$1,566,444$2,236,280
52$3,204,333$1,868,567$1,581,341$2,351,693
53$3,492,413$1,921,364$1,595,554$2,476,185
54$3,808,656$1,975,528$1,609,022$2,610,629
55$4,155,896$2,031,086$1,621,681$2,755,984
56$4,537,256$2,088,067$1,633,466$2,913,308
57$4,956,174$2,146,501$1,644,305$3,083,767
58$5,416,439$2,206,415$1,654,125$3,268,643
59$5,922,226$2,267,839$1,662,848$3,469,350
60$6,478,132$2,330,802$1,670,392$3,687,446
61$7,089,224$2,395,334$1,676,673$3,924,647
62$7,761,082$2,461,462$1,681,598$4,182,844
63$8,499,855$2,529,217$1,685,075$4,464,119
64$9,312,318$2,598,627$1,687,003$4,770,768
65$10,205,936$2,669,720$1,687,278$5,105,320
66$11,188,930$2,742,526$1,685,791$5,470,563
67$12,270,363$2,817,071$1,682,427$5,869,567
68$13,460,217$2,893,385$1,677,065$6,305,718
69$14,769,491$2,971,493$1,669,580$6,782,744
70$16,210,307$3,051,424$1,659,838$7,304,757
71$17,796,016$3,133,202$1,647,701$7,876,286
72$19,541,335$3,216,853$1,633,023$8,502,323
73$21,462,474$3,302,402$1,615,653$9,188,370
74$23,577,300$3,389,873$1,595,430$9,940,490
75$25,905,495$3,479,288$1,572,188$10,765,365
76$28,468,751$3,570,669$1,545,752$11,670,360
77$31,290,967$3,664,035$1,515,939$12,663,590
78$34,398,480$3,759,406$1,482,556$13,754,001
79$37,820,307$3,856,799$1,445,404$14,951,452
80$41,588,425$3,956,230$1,404,272$16,266,808
81$45,738,071$4,057,711$1,358,941$17,712,044
82$50,308,071$4,161,256$1,309,183$19,300,358
83$55,341,209$4,266,873$1,254,755$21,046,295
84$60,884,632$4,374,569$1,195,409$22,965,886
85$66,990,290$4,484,348$1,130,881$25,076,800
86$73,715,431$4,596,213$1,060,897$27,398,510
87$81,123,139$4,710,161$985,171$29,952,476
88$89,282,928$4,826,188$903,403$32,762,352
89$98,271,401$4,944,285$815,281$35,854,206
90$108,172,968$5,064,439$720,477$39,256,768
91$119,080,649$5,186,635$618,651$43,001,704
92$131,096,945$5,310,850$509,446$47,123,911
93$144,334,810$5,437,059$392,490$51,661,850
94$158,918,716$5,565,230$267,394$56,657,911
95$174,985,826$5,695,327$133,752$62,158,810
96$192,687,290$5,827,307$0$68,216,035
97$212,189,669$5,961,121$0$74,889,169
98$233,676,511$6,096,712$0$82,283,784
99$257,350,082$6,234,018$0$90,426,093
100$283,433,271$6,372,966$0$99,392,210