Can I retire at age 43 with 990,000?

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 $990,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.9%
1 years$81,753$81,025$80,315$79,621$78,944$76,725
2 years$40,472$39,718$38,988$38,279$37,592$35,373
3 years$26,713$25,956$25,228$24,526$23,850$21,701
4 years$19,835$19,081$18,359$17,670$17,010$14,947
5 years$15,710$14,959$14,248$13,572$12,931$10,960
6 years$12,960$12,215$11,514$10,854$10,232$8,354
7 years$10,997$10,259$9,568$8,923$8,321$6,538
8 years$9,525$8,793$8,115$7,486$6,903$5,213
9 years$8,381$7,656$6,989$6,376$5,813$4,214
10 years$7,466$6,749$6,093$5,496$4,953$3,443
11 years$6,718$6,008$5,364$4,783$4,260$2,836
12 years$6,095$5,392$4,761$4,196$3,692$2,352
13 years$5,569$4,873$4,253$3,704$3,219$1,961
14 years$5,118$4,430$3,822$3,288$2,822$1,641
15 years$4,727$4,046$3,451$2,932$2,485$1,379
16 years$4,386$3,713$3,128$2,626$2,196$1,162
17 years$4,085$3,419$2,847$2,359$1,947$981
18 years$3,818$3,159$2,599$2,126$1,731$830
19 years$3,579$2,928$2,379$1,921$1,543$704
20 years$3,365$2,721$2,183$1,740$1,378$597
21 years$3,171$2,534$2,008$1,579$1,233$507
22 years$2,995$2,366$1,851$1,436$1,106$432
23 years$2,834$2,213$1,709$1,308$992$367
24 years$2,687$2,073$1,581$1,193$892$313
25 years$2,552$1,946$1,464$1,089$803$267
26 years$2,428$1,829$1,358$996$723$228
27 years$2,313$1,721$1,261$912$652$194
28 years$2,206$1,622$1,172$835$588$166
29 years$2,107$1,530$1,091$766$531$142
30 years$2,015$1,445$1,016$703$480$121
31 years$1,929$1,366$947$646$434$103
32 years$1,848$1,292$884$593$392$88
33 years$1,773$1,224$825$546$355$75
34 years$1,702$1,160$771$502$322$64
35 years$1,635$1,100$721$462$291$55
36 years$1,572$1,044$674$426$264$47
37 years$1,513$992$631$392$239$40
38 years$1,457$942$591$361$217$34
39 years$1,404$896$554$333$197$29
40 years$1,353$853$519$307$178$25
41 years$1,306$812$487$284$162$22
42 years$1,260$773$456$262$147$18
43 years$1,217$737$428$242$133$16
44 years$1,176$702$402$223$121$13
45 years$1,137$669$378$206$110$12
46 years$1,100$639$355$190$100$10
47 years$1,064$609$333$176$91$8
48 years$1,030$582$313$162$82$7
49 years$998$556$294$150$75$6
50 years$967$531$277$139$68$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $990,000, adding $4,377 every year, while hoping to spend $26,328 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: 60/10/30 Blend
42$990,000$990,000$990,000$990,000
43$1,095,495$1,043,025$1,027,680$1,152,043
44$1,179,223$1,066,120$1,034,094$1,214,292
45$1,270,608$1,089,465$1,039,841$1,279,014
46$1,370,405$1,113,043$1,044,871$1,349,102
47$1,479,442$1,136,838$1,049,130$1,425,085
48$1,598,632$1,160,831$1,052,563$1,507,549
49$1,728,981$1,185,000$1,055,112$1,597,137
50$1,871,595$1,209,323$1,056,716$1,694,561
51$2,027,693$1,233,774$1,057,311$1,800,603
52$2,198,616$1,258,328$1,056,830$1,916,127
53$2,385,843$1,282,954$1,055,201$2,042,086
54$2,591,000$1,307,620$1,052,352$2,179,529
55$2,815,880$1,332,291$1,048,204$2,329,613
56$3,062,456$1,356,931$1,042,675$2,493,615
57$3,332,904$1,381,497$1,035,682$2,672,940
58$3,629,616$1,405,946$1,027,133$2,869,141
59$3,955,231$1,430,231$1,016,936$3,083,927
60$4,312,653$1,454,301$1,004,992$3,319,184
61$4,705,083$1,478,102$991,198$3,576,989
62$5,136,046$1,501,573$975,448$3,859,634
63$5,609,424$1,524,652$957,628$4,169,645
64$6,129,497$1,547,272$937,620$4,509,808
65$6,700,977$1,569,359$915,301$4,883,192
66$7,329,055$1,590,836$890,542$5,293,183
67$8,019,451$1,611,620$863,208$5,743,511
68$8,778,467$1,631,621$833,157$6,238,290
69$9,613,045$1,650,744$800,242$6,782,055
70$10,530,834$1,668,889$764,308$7,379,805
71$11,540,261$1,685,947$725,195$8,037,051
72$12,650,611$1,701,801$682,732$8,759,867
73$13,872,113$1,716,330$636,744$9,554,950
74$15,216,040$1,729,402$587,046$10,429,683
75$16,694,810$1,740,876$533,446$11,392,201
76$18,322,107$1,750,605$475,743$12,451,475
77$20,113,008$1,758,431$413,726$13,617,392
78$22,084,124$1,764,184$347,176$14,900,851
79$24,253,762$1,767,686$275,863$16,313,865
80$26,642,090$1,768,747$199,549$17,869,677
81$29,271,333$1,767,165$117,983$19,582,882
82$32,165,978$1,762,725$30,905$21,469,569
83$35,353,010$1,755,201$0$23,547,471
84$38,862,161$1,744,350$0$25,855,989
85$42,726,195$1,729,916$0$28,408,660
86$46,981,213$1,711,628$0$31,219,423
87$51,666,996$1,689,198$0$34,314,551
88$56,827,382$1,662,320$0$37,722,995
89$62,510,672$1,630,671$0$41,476,659
90$68,770,096$1,593,909$0$45,610,700
91$75,664,305$1,551,671$0$50,163,861
92$83,257,934$1,503,572$0$55,178,836
93$91,622,202$1,449,206$0$60,702,673
94$100,835,592$1,388,143$0$66,787,218
95$110,984,588$1,319,927$0$73,489,605
96$122,164,490$1,244,078$0$80,872,796
97$134,480,316$1,160,085$0$89,006,173
98$148,047,790$1,067,411$0$97,966,198
99$162,994,436$965,486$0$107,837,127
100$179,460,782$853,708$0$118,711,813