Can I retire at age 43 with 1,390,000?

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 $1,390,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$114,785$113,762$112,765$111,791$110,841$109,637
2 years$56,824$55,766$54,740$53,746$52,781$51,570
3 years$37,507$36,444$35,421$34,435$33,487$32,304
4 years$27,850$26,790$25,777$24,809$23,883$22,739
5 years$22,057$21,004$20,004$19,056$18,155$17,054
6 years$18,196$17,151$16,166$15,239$14,366$13,307
7 years$15,440$14,403$13,434$12,529$11,683$10,668
8 years$13,374$12,346$11,393$10,510$9,692$8,721
9 years$11,767$10,750$9,813$8,952$8,162$7,234
10 years$10,483$9,475$8,555$7,717$6,955$6,069
11 years$9,433$8,435$7,532$6,716$5,981$5,137
12 years$8,558$7,571$6,684$5,891$5,183$4,380
13 years$7,819$6,842$5,972$5,201$4,520$3,757
14 years$7,186$6,219$5,366$4,617$3,962$3,238
15 years$6,637$5,681$4,845$4,117$3,489$2,802
16 years$6,158$5,213$4,392$3,687$3,083$2,433
17 years$5,736$4,801$3,997$3,312$2,734$2,119
18 years$5,361$4,436$3,649$2,985$2,431$1,850
19 years$5,025$4,111$3,340$2,697$2,167$1,619
20 years$4,724$3,820$3,065$2,443$1,935$1,419
21 years$4,452$3,559$2,820$2,217$1,732$1,246
22 years$4,205$3,322$2,599$2,016$1,552$1,096
23 years$3,979$3,107$2,399$1,836$1,393$964
24 years$3,773$2,911$2,219$1,674$1,252$850
25 years$3,584$2,732$2,055$1,529$1,127$750
26 years$3,409$2,567$1,906$1,398$1,015$662
27 years$3,248$2,416$1,770$1,280$915$585
28 years$3,098$2,277$1,646$1,173$826$517
29 years$2,959$2,148$1,531$1,075$746$457
30 years$2,829$2,028$1,426$987$674$404
31 years$2,709$1,918$1,330$906$609$358
32 years$2,595$1,814$1,241$833$551$317
33 years$2,489$1,718$1,158$766$499$281
34 years$2,390$1,628$1,082$705$452$249
35 years$2,296$1,545$1,012$649$409$220
36 years$2,208$1,466$947$597$371$195
37 years$2,124$1,392$886$551$336$173
38 years$2,046$1,323$830$507$304$154
39 years$1,971$1,258$777$468$276$136
40 years$1,900$1,197$729$432$250$121
41 years$1,833$1,140$683$398$227$107
42 years$1,770$1,085$641$367$206$95
43 years$1,709$1,034$601$339$187$84
44 years$1,652$986$565$313$170$75
45 years$1,597$940$530$289$154$67
46 years$1,544$897$498$267$140$59
47 years$1,494$856$468$247$127$52
48 years$1,447$817$440$228$115$47
49 years$1,401$780$413$211$105$41
50 years$1,357$745$388$195$95$37

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,390,000, adding $4,054 every year, while hoping to spend $40,573 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: 50/32/18 Blend
42$1,390,000$1,390,000$1,390,000$1,390,000
43$1,535,962$1,462,292$1,440,747$1,604,895
44$1,649,460$1,490,775$1,445,842$1,681,385
45$1,773,176$1,519,293$1,449,749$1,759,951
46$1,908,108$1,547,807$1,452,384$1,844,462
47$2,055,357$1,576,271$1,453,660$1,935,493
48$2,216,132$1,604,637$1,453,486$2,033,679
49$2,391,767$1,632,853$1,451,767$2,139,717
50$2,583,728$1,660,865$1,448,403$2,254,381
51$2,793,632$1,688,611$1,443,288$2,378,519
52$3,023,257$1,716,027$1,436,312$2,513,070
53$3,274,560$1,743,043$1,427,360$2,659,069
54$3,549,699$1,769,586$1,416,310$2,817,655
55$3,851,047$1,795,575$1,403,036$2,990,087
56$4,181,221$1,820,924$1,387,404$3,177,753
57$4,543,099$1,845,543$1,369,276$3,382,183
58$4,939,853$1,869,333$1,348,505$3,605,065
59$5,374,978$1,892,190$1,324,939$3,848,260
60$5,852,319$1,914,001$1,298,418$4,113,820
61$6,376,116$1,934,648$1,268,776$4,404,011
62$6,951,037$1,954,002$1,235,836$4,721,329
63$7,582,223$1,971,928$1,199,417$5,068,527
64$8,275,338$1,988,281$1,159,326$5,448,643
65$9,036,623$2,002,907$1,115,364$5,865,026
66$9,872,950$2,015,642$1,067,320$6,321,370
67$10,791,893$2,026,310$1,014,977$6,821,746
68$11,801,792$2,034,725$958,105$7,370,648
69$12,911,839$2,040,691$896,466$7,973,028
70$14,132,158$2,043,996$829,809$8,634,347
71$15,473,904$2,044,418$757,873$9,360,630
72$16,949,366$2,041,718$680,386$10,158,517
73$18,572,084$2,035,646$597,062$11,035,331
74$20,356,978$2,025,933$507,604$11,999,148
75$22,320,482$2,012,297$411,702$13,058,872
76$24,480,708$1,994,435$309,030$14,224,319
77$26,857,607$1,972,030$199,250$15,506,314
78$29,473,167$1,944,743$82,008$16,916,792
79$32,351,610$1,912,215$0$18,468,912
80$35,519,628$1,874,068$0$20,185,461
81$39,006,630$1,829,898$0$22,091,502
82$42,845,023$1,779,279$0$24,188,979
83$47,070,513$1,721,761$0$26,497,416
84$51,722,445$1,656,867$0$29,038,330
85$56,844,172$1,584,092$0$31,835,440
86$62,483,466$1,502,900$0$34,914,886
87$68,692,965$1,412,728$0$38,305,484
88$75,530,672$1,312,976$0$42,038,992
89$83,060,503$1,203,015$0$46,150,414
90$91,352,887$1,082,175$0$50,678,332
91$100,485,430$949,750$0$55,665,269
92$110,543,651$804,995$0$61,158,095
93$121,621,785$647,121$0$67,208,469
94$133,823,673$475,296$0$73,873,327
95$147,263,742$288,640$0$81,215,422
96$162,068,085$86,225$0$89,303,918
97$178,375,650$0$0$98,215,047
98$196,339,549$0$0$108,079,634
99$216,128,508$0$0$118,980,092
100$237,928,454$0$0$130,988,501