Can I retire at age 43 with 1,410,000?

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 $1,410,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$116,436$115,399$114,387$113,400$112,435$111,633
2 years$57,642$56,568$55,528$54,519$53,541$52,732
3 years$38,046$36,968$35,930$34,931$33,968$33,178
4 years$28,250$27,175$26,148$25,166$24,227$23,460
5 years$22,374$21,306$20,292$19,330$18,417$17,677
6 years$18,458$17,398$16,399$15,458$14,572$13,861
7 years$15,662$14,611$13,628$12,709$11,851$11,167
8 years$13,566$12,524$11,557$10,661$9,832$9,176
9 years$11,937$10,904$9,954$9,081$8,280$7,652
10 years$10,634$9,612$8,678$7,828$7,055$6,454
11 years$9,569$8,557$7,640$6,813$6,067$5,494
12 years$8,681$7,680$6,781$5,976$5,258$4,711
13 years$7,931$6,941$6,058$5,276$4,585$4,064
14 years$7,289$6,309$5,443$4,683$4,019$3,523
15 years$6,733$5,763$4,914$4,176$3,539$3,068
16 years$6,247$5,288$4,456$3,740$3,128$2,680
17 years$5,818$4,870$4,054$3,360$2,773$2,349
18 years$5,438$4,500$3,701$3,028$2,466$2,064
19 years$5,098$4,170$3,388$2,736$2,198$1,818
20 years$4,792$3,875$3,110$2,478$1,963$1,604
21 years$4,516$3,610$2,860$2,249$1,757$1,418
22 years$4,265$3,370$2,636$2,045$1,575$1,255
23 years$4,037$3,151$2,434$1,862$1,414$1,112
24 years$3,827$2,953$2,251$1,698$1,270$987
25 years$3,635$2,771$2,085$1,551$1,143$877
26 years$3,458$2,604$1,934$1,418$1,030$779
27 years$3,294$2,451$1,796$1,298$928$693
28 years$3,143$2,309$1,669$1,189$838$617
29 years$3,002$2,179$1,553$1,091$756$550
30 years$2,870$2,058$1,447$1,001$684$490
31 years$2,747$1,945$1,349$919$618$437
32 years$2,633$1,840$1,259$845$559$390
33 years$2,525$1,743$1,175$777$506$348
34 years$2,424$1,652$1,098$715$458$311
35 years$2,329$1,567$1,026$658$415$277
36 years$2,239$1,487$960$606$376$248
37 years$2,155$1,412$899$558$341$221
38 years$2,075$1,342$842$515$309$198
39 years$1,999$1,276$789$475$280$177
40 years$1,928$1,214$739$438$254$158
41 years$1,860$1,156$693$404$230$141
42 years$1,795$1,101$650$373$209$126
43 years$1,734$1,049$610$344$190$113
44 years$1,675$1,000$573$318$172$101
45 years$1,620$953$538$293$156$90
46 years$1,566$910$505$271$142$81
47 years$1,516$868$474$250$129$72
48 years$1,467$829$446$231$117$65
49 years$1,421$791$419$214$106$58
50 years$1,377$756$394$198$97$52

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,410,000, adding $5,575 every year, while hoping to spend $48,352 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: 64/10/26 Blend
42$1,410,000$1,410,000$1,410,000$1,410,000
43$1,559,571$1,484,841$1,462,986$1,648,359
44$1,667,201$1,506,152$1,460,549$1,730,361
45$1,784,188$1,526,886$1,456,411$1,814,061
46$1,911,437$1,546,965$1,450,463$1,904,447
47$2,049,941$1,566,304$1,442,591$2,002,181
48$2,200,794$1,584,812$1,432,676$2,107,992
49$2,365,200$1,602,392$1,420,595$2,222,686
50$2,544,482$1,618,941$1,406,217$2,347,152
51$2,740,099$1,634,349$1,389,405$2,482,370
52$2,953,655$1,648,499$1,370,017$2,629,420
53$3,186,918$1,661,265$1,347,902$2,789,496
54$3,441,830$1,672,514$1,322,904$2,963,913
55$3,720,534$1,682,104$1,294,858$3,154,121
56$4,025,387$1,689,885$1,263,594$3,361,723
57$4,358,983$1,695,696$1,228,931$3,588,482
58$4,724,181$1,699,367$1,190,682$3,836,347
59$5,124,127$1,700,716$1,148,649$4,107,465
60$5,562,287$1,699,550$1,102,628$4,404,206
61$6,042,478$1,695,665$1,052,404$4,729,182
62$6,568,902$1,688,845$997,751$5,085,274
63$7,146,190$1,678,858$938,435$5,475,660
64$7,779,440$1,665,460$874,211$5,903,846
65$8,474,268$1,648,393$804,822$6,373,696
66$9,236,860$1,627,381$730,001$6,889,473
67$10,074,030$1,602,133$649,467$7,455,877
68$10,993,285$1,572,341$562,927$8,078,090
69$12,002,892$1,537,678$470,077$8,761,829
70$13,111,961$1,497,798$370,598$9,513,396
71$14,330,524$1,452,334$264,157$10,339,740
72$15,669,638$1,400,898$150,406$11,248,524
73$17,141,478$1,343,080$28,982$12,248,195
74$18,759,463$1,278,445$0$13,348,071
75$20,538,374$1,206,534$0$14,586,329
76$22,494,495$1,126,861$0$15,956,779
77$24,645,768$1,038,912$0$17,463,974
78$27,011,962$942,143$0$19,121,795
79$29,614,855$835,982$0$20,945,545
80$32,478,445$719,820$0$22,952,081
81$35,629,172$593,017$0$25,159,985
82$39,096,168$454,895$0$27,589,730
83$42,911,531$304,738$0$30,263,878
84$47,110,629$141,793$0$33,207,294
85$51,732,432$0$0$36,447,377
86$56,819,880$0$0$40,018,146
87$62,420,285$0$0$43,966,242
88$68,585,782$0$0$48,312,832
89$75,373,816$0$0$53,098,427
90$82,847,687$0$0$58,367,671
91$91,077,144$0$0$64,169,753
92$100,139,043$0$0$70,558,877
93$110,118,076$0$0$77,594,773
94$121,107,562$0$0$85,343,255
95$133,210,335$0$0$93,876,847
96$146,539,710$0$0$103,275,466
97$161,220,552$0$0$113,627,174
98$177,390,454$0$0$125,029,011
99$195,201,037$0$0$137,587,909
100$214,819,376$0$0$151,421,702