Can I retire at age 43 with 1,400,000?

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 $1,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$115,611$114,581$113,576$112,596$111,638$110,518
2 years$57,233$56,167$55,134$54,132$53,161$52,033
3 years$37,776$36,706$35,675$34,683$33,727$32,626
4 years$28,050$26,983$25,963$24,987$24,055$22,989
5 years$22,216$21,155$20,148$19,193$18,286$17,259
6 years$18,327$17,274$16,283$15,349$14,469$13,482
7 years$15,551$14,507$13,531$12,619$11,767$10,820
8 years$13,470$12,435$11,475$10,586$9,762$8,855
9 years$11,852$10,827$9,884$9,017$8,221$7,354
10 years$10,558$9,544$8,617$7,772$7,005$6,177
11 years$9,501$8,496$7,586$6,764$6,024$5,235
12 years$8,620$7,626$6,732$5,933$5,221$4,469
13 years$7,875$6,891$6,015$5,238$4,552$3,838
14 years$7,237$6,264$5,405$4,650$3,991$3,312
15 years$6,685$5,722$4,880$4,147$3,514$2,870
16 years$6,203$5,250$4,424$3,713$3,105$2,496
17 years$5,777$4,835$4,026$3,336$2,753$2,177
18 years$5,399$4,468$3,675$3,007$2,448$1,903
19 years$5,062$4,141$3,364$2,717$2,182$1,668
20 years$4,758$3,848$3,088$2,460$1,949$1,464
21 years$4,484$3,584$2,840$2,233$1,744$1,288
22 years$4,235$3,346$2,617$2,030$1,563$1,134
23 years$4,008$3,129$2,417$1,849$1,403$1,000
24 years$3,800$2,932$2,235$1,686$1,261$882
25 years$3,609$2,751$2,070$1,540$1,135$779
26 years$3,434$2,586$1,920$1,408$1,022$689
27 years$3,271$2,434$1,783$1,289$922$610
28 years$3,120$2,293$1,657$1,181$832$540
29 years$2,980$2,163$1,542$1,083$751$478
30 years$2,850$2,043$1,437$994$679$424
31 years$2,728$1,931$1,339$913$614$376
32 years$2,614$1,827$1,250$839$555$333
33 years$2,507$1,731$1,167$771$502$296
34 years$2,407$1,640$1,090$710$455$262
35 years$2,312$1,556$1,019$653$412$233
36 years$2,224$1,477$953$602$373$207
37 years$2,140$1,402$892$554$338$184
38 years$2,060$1,333$836$511$307$163
39 years$1,985$1,267$783$471$278$145
40 years$1,914$1,206$734$435$252$129
41 years$1,847$1,148$688$401$229$115
42 years$1,782$1,093$646$370$208$102
43 years$1,721$1,042$606$342$188$91
44 years$1,663$993$569$315$171$80
45 years$1,608$947$534$291$155$72
46 years$1,555$903$501$269$141$64
47 years$1,505$862$471$249$128$57
48 years$1,457$823$443$230$116$50
49 years$1,411$786$416$212$106$45
50 years$1,367$751$391$196$96$40

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,400,000, adding $6,526 every year, while hoping to spend $21,794 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: 49/46/5 Blend
42$1,400,000$1,400,000$1,400,000$1,400,000
43$1,549,532$1,475,332$1,453,632$1,623,240
44$1,684,395$1,524,434$1,479,140$1,723,295
45$1,832,284$1,575,212$1,504,772$1,829,034
46$1,994,505$1,627,725$1,530,509$1,943,355
47$2,172,495$1,682,034$1,556,331$2,067,064
48$2,367,838$1,738,202$1,582,217$2,201,046
49$2,582,279$1,796,296$1,608,143$2,346,273
50$2,817,740$1,856,383$1,634,084$2,503,816
51$3,076,338$1,918,535$1,660,015$2,674,850
52$3,360,406$1,982,824$1,685,907$2,860,668
53$3,672,513$2,049,328$1,711,730$3,062,694
54$4,015,489$2,118,125$1,737,453$3,282,492
55$4,392,452$2,189,296$1,763,041$3,521,784
56$4,806,838$2,262,928$1,788,459$3,782,465
57$5,262,432$2,339,108$1,813,669$4,066,617
58$5,763,403$2,417,927$1,838,630$4,376,536
59$6,314,346$2,499,481$1,863,299$4,714,746
60$6,920,322$2,583,868$1,887,632$5,084,024
61$7,586,907$2,671,190$1,911,581$5,487,430
62$8,320,247$2,761,554$1,935,094$5,928,330
63$9,127,111$2,855,068$1,958,118$6,410,429
64$10,014,958$2,951,849$1,980,597$6,937,808
65$10,992,007$3,052,013$2,002,470$7,514,960
66$12,067,314$3,155,684$2,023,676$8,146,830
67$13,250,858$3,262,990$2,044,146$8,838,864
68$14,553,632$3,374,064$2,063,812$9,597,060
69$15,987,752$3,489,042$2,082,599$10,428,023
70$17,566,566$3,608,068$2,100,429$11,339,025
71$19,304,783$3,731,291$2,117,221$12,338,076
72$21,218,610$3,858,863$2,132,887$13,433,998
73$23,325,907$3,990,947$2,147,338$14,636,508
74$25,646,353$4,127,706$2,160,477$15,956,306
75$28,201,633$4,269,315$2,172,204$17,405,182
76$31,015,640$4,415,953$2,182,414$18,996,117
77$34,114,706$4,567,804$2,190,995$20,743,415
78$37,527,843$4,725,064$2,197,831$22,662,829
79$41,287,024$4,887,933$2,202,799$24,771,714
80$45,427,479$5,056,620$2,205,771$27,089,189
81$49,988,029$5,231,342$2,206,612$29,636,314
82$55,011,453$5,412,324$2,205,179$32,436,291
83$60,544,894$5,599,800$2,201,325$35,514,680
84$66,640,297$5,794,014$2,194,893$38,899,641
85$73,354,906$5,995,219$2,185,721$42,622,198
86$80,751,800$6,203,678$2,173,636$46,716,532
87$88,900,489$6,419,664$2,158,458$51,220,298
88$97,877,574$6,643,462$2,140,001$56,174,987
89$107,767,461$6,875,367$2,118,066$61,626,311
90$118,663,168$7,115,686$2,092,448$67,624,633
91$130,667,196$7,364,739$2,062,929$74,225,446
92$143,892,496$7,622,857$2,029,283$81,489,890
93$158,463,539$7,890,386$1,991,273$89,485,332
94$174,517,491$8,167,686$1,948,651$98,285,998
95$192,205,502$8,455,129$1,901,158$107,973,674
96$211,694,137$8,753,105$1,848,521$118,638,476
97$233,166,949$9,062,017$1,790,456$130,379,699
98$256,826,209$9,382,286$1,726,667$143,306,753
99$282,894,814$9,714,350$1,656,842$157,540,193
100$311,618,395$10,058,663$1,580,656$173,212,859