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

Use the below retirement simulation to view the chances of a successful retirement.
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%17%
1 years$116,436$115,399$114,387$113,400$112,435$109,230
2 years$57,642$56,568$55,528$54,519$53,541$50,337
3 years$38,046$36,968$35,930$34,931$33,968$30,866
4 years$28,250$27,175$26,148$25,166$24,227$21,249
5 years$22,374$21,306$20,292$19,330$18,417$15,572
6 years$18,458$17,398$16,399$15,458$14,572$11,864
7 years$15,662$14,611$13,628$12,709$11,851$9,279
8 years$13,566$12,524$11,557$10,661$9,832$7,394
9 years$11,937$10,904$9,954$9,081$8,280$5,974
10 years$10,634$9,612$8,678$7,828$7,055$4,878
11 years$9,569$8,557$7,640$6,813$6,067$4,016
12 years$8,681$7,680$6,781$5,976$5,258$3,328
13 years$7,931$6,941$6,058$5,276$4,585$2,772
14 years$7,289$6,309$5,443$4,683$4,019$2,319
15 years$6,733$5,763$4,914$4,176$3,539$1,947
16 years$6,247$5,288$4,456$3,740$3,128$1,639
17 years$5,818$4,870$4,054$3,360$2,773$1,383
18 years$5,438$4,500$3,701$3,028$2,466$1,169
19 years$5,098$4,170$3,388$2,736$2,198$990
20 years$4,792$3,875$3,110$2,478$1,963$840
21 years$4,516$3,610$2,860$2,249$1,757$713
22 years$4,265$3,370$2,636$2,045$1,575$606
23 years$4,037$3,151$2,434$1,862$1,414$516
24 years$3,827$2,953$2,251$1,698$1,270$439
25 years$3,635$2,771$2,085$1,551$1,143$374
26 years$3,458$2,604$1,934$1,418$1,030$319
27 years$3,294$2,451$1,796$1,298$928$272
28 years$3,143$2,309$1,669$1,189$838$232
29 years$3,002$2,179$1,553$1,091$756$198
30 years$2,870$2,058$1,447$1,001$684$169
31 years$2,747$1,945$1,349$919$618$144
32 years$2,633$1,840$1,259$845$559$123
33 years$2,525$1,743$1,175$777$506$105
34 years$2,424$1,652$1,098$715$458$90
35 years$2,329$1,567$1,026$658$415$77
36 years$2,239$1,487$960$606$376$65
37 years$2,155$1,412$899$558$341$56
38 years$2,075$1,342$842$515$309$48
39 years$1,999$1,276$789$475$280$41
40 years$1,928$1,214$739$438$254$35
41 years$1,860$1,156$693$404$230$30
42 years$1,795$1,101$650$373$209$25
43 years$1,734$1,049$610$344$190$22
44 years$1,675$1,000$573$318$172$19
45 years$1,620$953$538$293$156$16
46 years$1,566$910$505$271$142$14
47 years$1,516$868$474$250$129$12
48 years$1,467$829$446$231$117$10
49 years$1,421$791$419$214$106$8
50 years$1,377$756$394$198$97$7

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 $4,711 every year, while hoping to spend $58,680 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: 49/23/28 Blend
42$1,410,000$1,410,000$1,410,000$1,410,000
43$1,558,679$1,483,949$1,462,094$1,622,446
44$1,655,230$1,494,228$1,448,639$1,677,920
45$1,759,661$1,503,043$1,432,767$1,731,984
46$1,872,716$1,510,262$1,414,334$1,789,582
47$1,995,210$1,515,742$1,393,192$1,851,078
48$2,128,040$1,519,332$1,369,182$1,916,875
49$2,272,193$1,520,871$1,342,142$1,987,418
50$2,428,752$1,520,189$1,311,899$2,063,202
51$2,598,911$1,517,105$1,278,274$2,144,778
52$2,783,983$1,511,426$1,241,079$2,232,752
53$2,985,411$1,502,948$1,200,118$2,327,799
54$3,204,786$1,491,455$1,155,184$2,430,664
55$3,443,855$1,476,717$1,106,064$2,542,176
56$3,704,542$1,458,491$1,052,531$2,663,248
57$3,988,967$1,436,518$994,352$2,794,896
58$4,299,459$1,410,525$931,280$2,938,240
59$4,638,585$1,380,222$863,060$3,094,523
60$5,009,171$1,345,303$789,422$3,265,119
61$5,414,326$1,305,442$710,087$3,451,548
62$5,857,474$1,260,296$624,763$3,655,491
63$6,342,387$1,209,501$533,143$3,878,809
64$6,873,215$1,152,672$434,908$4,123,557
65$7,454,532$1,089,401$329,725$4,392,012
66$8,091,370$1,019,257$217,247$4,686,685
67$8,789,274$941,786$97,110$5,010,358
68$9,554,352$856,505$0$5,366,101
69$10,393,327$762,905$0$5,766,599
70$11,313,607$660,448$0$6,237,878
71$12,323,351$548,566$0$6,755,162
72$13,431,545$426,658$0$7,323,158
73$14,648,088$294,090$0$7,947,057
74$15,983,884$150,191$0$8,632,584
75$17,450,944$0$0$9,386,054
76$19,062,501$0$0$10,215,884
77$20,833,131$0$0$11,169,548
78$22,778,892$0$0$12,217,702
79$24,917,475$0$0$13,369,897
80$27,268,371$0$0$14,636,655
81$29,853,051$0$0$16,029,567
82$32,695,173$0$0$17,561,406
83$35,820,800$0$0$19,246,242
84$39,258,649$0$0$21,099,579
85$43,040,358$0$0$23,138,499
86$47,200,788$0$0$25,381,821
87$51,778,346$0$0$27,850,282
88$56,815,352$0$0$30,566,732
89$62,358,435$0$0$33,556,344
90$68,458,971$0$0$36,846,859
91$75,173,571$0$0$40,468,841
92$82,564,612$0$0$44,455,969
93$90,700,825$0$0$48,845,352
94$99,657,941$0$0$53,677,880
95$109,519,411$0$0$58,998,611
96$120,377,185$0$0$64,857,192
97$132,332,587$0$0$71,308,332
98$145,497,264$0$0$78,412,312
99$159,994,240$0$0$86,235,560
100$175,959,079$0$0$94,851,273