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%15.9%
1 years$115,611$114,581$113,576$112,596$111,638$108,939
2 years$57,233$56,167$55,134$54,132$53,161$50,458
3 years$37,776$36,706$35,675$34,683$33,727$31,105
4 years$28,050$26,983$25,963$24,987$24,055$21,533
5 years$22,216$21,155$20,148$19,193$18,286$15,872
6 years$18,327$17,274$16,283$15,349$14,469$12,165
7 years$15,551$14,507$13,531$12,619$11,767$9,574
8 years$13,470$12,435$11,475$10,586$9,762$7,678
9 years$11,852$10,827$9,884$9,017$8,221$6,245
10 years$10,558$9,544$8,617$7,772$7,005$5,134
11 years$9,501$8,496$7,586$6,764$6,024$4,257
12 years$8,620$7,626$6,732$5,933$5,221$3,553
13 years$7,875$6,891$6,015$5,238$4,552$2,982
14 years$7,237$6,264$5,405$4,650$3,991$2,513
15 years$6,685$5,722$4,880$4,147$3,514$2,126
16 years$6,203$5,250$4,424$3,713$3,105$1,804
17 years$5,777$4,835$4,026$3,336$2,753$1,535
18 years$5,399$4,468$3,675$3,007$2,448$1,308
19 years$5,062$4,141$3,364$2,717$2,182$1,117
20 years$4,758$3,848$3,088$2,460$1,949$956
21 years$4,484$3,584$2,840$2,233$1,744$818
22 years$4,235$3,346$2,617$2,030$1,563$701
23 years$4,008$3,129$2,417$1,849$1,403$602
24 years$3,800$2,932$2,235$1,686$1,261$517
25 years$3,609$2,751$2,070$1,540$1,135$444
26 years$3,434$2,586$1,920$1,408$1,022$382
27 years$3,271$2,434$1,783$1,289$922$328
28 years$3,120$2,293$1,657$1,181$832$283
29 years$2,980$2,163$1,542$1,083$751$243
30 years$2,850$2,043$1,437$994$679$210
31 years$2,728$1,931$1,339$913$614$181
32 years$2,614$1,827$1,250$839$555$156
33 years$2,507$1,731$1,167$771$502$134
34 years$2,407$1,640$1,090$710$455$116
35 years$2,312$1,556$1,019$653$412$100
36 years$2,224$1,477$953$602$373$86
37 years$2,140$1,402$892$554$338$74
38 years$2,060$1,333$836$511$307$64
39 years$1,985$1,267$783$471$278$55
40 years$1,914$1,206$734$435$252$47
41 years$1,847$1,148$688$401$229$41
42 years$1,782$1,093$646$370$208$35
43 years$1,721$1,042$606$342$188$30
44 years$1,663$993$569$315$171$26
45 years$1,608$947$534$291$155$23
46 years$1,555$903$501$269$141$20
47 years$1,505$862$471$249$128$17
48 years$1,457$823$443$230$116$15
49 years$1,411$786$416$212$106$13
50 years$1,367$751$391$196$96$11

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 $2,380 every year, while hoping to spend $24,482 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: 53/40/7 Blend
42$1,400,000$1,400,000$1,400,000$1,400,000
43$1,545,255$1,471,055$1,449,355$1,624,443
44$1,676,822$1,517,088$1,471,860$1,724,396
45$1,820,989$1,564,556$1,494,298$1,830,202
46$1,979,014$1,613,504$1,516,641$1,944,717
47$2,152,285$1,663,977$1,538,860$2,068,770
48$2,342,329$1,716,023$1,560,923$2,203,270
49$2,550,829$1,769,690$1,582,796$2,349,218
50$2,779,637$1,825,028$1,604,443$2,507,715
51$3,030,795$1,882,090$1,625,827$2,679,972
52$3,306,552$1,940,928$1,646,908$2,867,321
53$3,609,385$2,001,598$1,667,644$3,071,231
54$3,942,022$2,064,156$1,687,990$3,293,315
55$4,307,469$2,128,660$1,707,898$3,535,349
56$4,709,037$2,195,171$1,727,319$3,799,290
57$5,150,375$2,263,751$1,746,201$4,087,290
58$5,635,501$2,334,463$1,764,487$4,401,720
59$6,168,844$2,407,373$1,782,118$4,745,189
60$6,755,281$2,482,549$1,799,034$5,120,570
61$7,400,187$2,560,061$1,815,169$5,531,027
62$8,109,483$2,639,981$1,830,454$5,980,045
63$8,889,693$2,722,383$1,844,817$6,471,458
64$9,748,005$2,807,344$1,858,182$7,009,493
65$10,692,340$2,894,941$1,870,469$7,598,802
66$11,731,423$2,985,258$1,881,594$8,244,510
67$12,874,869$3,078,376$1,891,469$8,952,261
68$14,133,272$3,174,383$1,899,999$9,728,273
69$15,518,305$3,273,367$1,907,088$10,579,393
70$17,042,830$3,375,420$1,912,633$11,513,165
71$18,721,018$3,480,635$1,916,526$12,537,897
72$20,568,486$3,589,110$1,918,654$13,662,743
73$22,602,440$3,700,945$1,918,897$14,897,787
74$24,841,840$3,816,243$1,917,132$16,254,136
75$27,307,579$3,935,110$1,913,227$17,744,027
76$30,022,677$4,057,655$1,907,045$19,380,943
77$33,012,501$4,183,991$1,898,442$21,179,737
78$36,305,005$4,314,235$1,887,268$23,156,771
79$39,930,988$4,448,505$1,873,364$25,330,076
80$43,924,391$4,586,925$1,856,565$27,719,514
81$48,322,616$4,729,621$1,836,697$30,346,970
82$53,166,875$4,876,725$1,813,579$33,236,556
83$58,502,582$5,028,370$1,787,019$36,414,841
84$64,379,781$5,184,696$1,756,820$39,911,096
85$70,853,617$5,345,844$1,722,771$43,757,575
86$77,984,858$5,511,962$1,684,656$47,989,815
87$85,840,467$5,683,202$1,642,245$52,646,975
88$94,494,234$5,859,718$1,595,300$57,772,201
89$104,027,473$6,041,672$1,543,571$63,413,035
90$114,529,791$6,229,229$1,486,795$69,621,862
91$126,099,927$6,422,559$1,424,700$76,456,404
92$138,846,692$6,621,837$1,357,000$83,980,267
93$152,889,992$6,827,244$1,283,397$92,263,537
94$168,361,957$7,038,965$1,203,577$101,383,441
95$185,408,194$7,257,192$1,117,214$111,425,081
96$204,189,157$7,482,121$1,023,968$122,482,228
97$224,881,662$7,713,956$923,482$134,658,214
98$247,680,557$7,952,905$815,384$148,066,901
99$272,800,559$8,199,183$699,284$162,833,762
100$300,478,284$8,453,011$574,778$179,097,056