Can I retire at age 43 with 1,420,000?

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 $1,420,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$117,262$116,218$115,199$114,204$113,233$109,172
2 years$58,051$56,969$55,922$54,906$53,920$49,873
3 years$38,316$37,230$36,185$35,179$34,209$30,303
4 years$28,451$27,368$26,333$25,344$24,398$20,662
5 years$22,533$21,457$20,436$19,467$18,547$14,992
6 years$18,589$17,521$16,515$15,568$14,676$11,303
7 years$15,773$14,714$13,724$12,799$11,935$8,745
8 years$13,662$12,613$11,639$10,737$9,902$6,891
9 years$12,021$10,982$10,025$9,145$8,339$5,503
10 years$10,709$9,680$8,740$7,883$7,105$4,440
11 years$9,636$8,617$7,694$6,861$6,110$3,611
12 years$8,743$7,735$6,829$6,018$5,295$2,955
13 years$7,988$6,990$6,101$5,313$4,617$2,430
14 years$7,341$6,354$5,482$4,716$4,048$2,006
15 years$6,781$5,804$4,949$4,206$3,564$1,661
16 years$6,291$5,325$4,487$3,766$3,150$1,380
17 years$5,860$4,904$4,083$3,384$2,793$1,148
18 years$5,476$4,532$3,727$3,049$2,483$957
19 years$5,134$4,200$3,412$2,755$2,213$799
20 years$4,826$3,903$3,132$2,496$1,977$668
21 years$4,548$3,635$2,880$2,265$1,769$559
22 years$4,295$3,393$2,655$2,059$1,586$468
23 years$4,065$3,174$2,451$1,875$1,424$392
24 years$3,855$2,974$2,267$1,711$1,280$329
25 years$3,661$2,791$2,100$1,562$1,151$276
26 years$3,483$2,623$1,947$1,428$1,037$232
27 years$3,318$2,468$1,808$1,307$935$194
28 years$3,165$2,326$1,681$1,198$844$163
29 years$3,023$2,194$1,564$1,098$762$137
30 years$2,891$2,072$1,457$1,008$688$115
31 years$2,767$1,959$1,358$926$622$97
32 years$2,651$1,854$1,267$851$563$81
33 years$2,543$1,755$1,183$782$509$68
34 years$2,441$1,664$1,106$720$461$57
35 years$2,346$1,578$1,034$663$418$48
36 years$2,255$1,498$967$610$379$41
37 years$2,170$1,422$905$562$343$34
38 years$2,090$1,352$848$518$311$29
39 years$2,014$1,285$794$478$282$24
40 years$1,941$1,223$744$441$256$20
41 years$1,873$1,164$698$407$232$17
42 years$1,808$1,109$655$375$211$14
43 years$1,746$1,056$614$347$191$12
44 years$1,687$1,007$577$320$173$10
45 years$1,631$960$541$295$158$9
46 years$1,578$916$509$273$143$7
47 years$1,527$874$478$252$130$6
48 years$1,478$835$449$233$118$5
49 years$1,431$797$422$215$107$4
50 years$1,386$761$397$199$97$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,420,000, adding $3,782 every year, while hoping to spend $35,731 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: 61/19/20 Blend
42$1,420,000$1,420,000$1,420,000$1,420,000
43$1,568,741$1,493,481$1,471,471$1,656,053
44$1,690,735$1,528,644$1,482,748$1,750,678
45$1,823,975$1,564,333$1,493,205$1,849,613
46$1,969,570$1,600,535$1,502,777$1,956,776
47$2,128,742$1,637,236$1,511,395$2,072,970
48$2,302,835$1,674,422$1,518,988$2,199,082
49$2,493,329$1,712,074$1,525,480$2,336,089
50$2,701,856$1,750,173$1,530,790$2,485,065
51$2,930,210$1,788,696$1,534,836$2,647,197
52$3,180,368$1,827,619$1,537,530$2,823,789
53$3,454,507$1,866,914$1,538,779$3,016,281
54$3,755,026$1,906,551$1,538,487$3,226,259
55$4,084,564$1,946,498$1,536,552$3,455,471
56$4,446,031$1,986,718$1,532,868$3,705,842
57$4,842,629$2,027,170$1,527,323$3,979,496
58$5,277,889$2,067,813$1,519,799$4,278,772
59$5,755,697$2,108,599$1,510,175$4,606,248
60$6,280,334$2,149,476$1,498,322$4,964,766
61$6,856,517$2,190,389$1,484,105$5,357,458
62$7,489,441$2,231,279$1,467,382$5,787,774
63$8,184,831$2,272,078$1,448,007$6,259,520
64$8,948,993$2,312,718$1,425,823$6,776,888
65$9,788,871$2,353,123$1,400,670$7,344,499
66$10,712,121$2,393,211$1,372,377$7,967,447
67$11,727,173$2,432,893$1,340,767$8,651,346
68$12,843,316$2,472,077$1,305,654$9,402,383
69$14,070,784$2,510,659$1,266,844$10,227,377
70$15,420,854$2,548,531$1,224,134$11,133,844
71$16,905,950$2,585,577$1,177,310$12,130,070
72$18,539,758$2,621,672$1,126,151$13,225,184
73$20,337,360$2,656,681$1,070,425$14,429,251
74$22,315,375$2,690,462$1,009,888$15,753,362
75$24,492,110$2,722,862$944,286$17,209,742
76$26,887,740$2,753,717$873,355$18,811,866
77$29,524,494$2,782,854$796,816$20,574,584
78$32,426,864$2,810,085$714,381$22,514,264
79$35,621,839$2,835,214$625,747$24,648,947
80$39,139,154$2,858,027$530,598$26,998,514
81$43,011,579$2,878,301$428,604$29,584,880
82$47,275,218$2,895,796$319,420$32,432,197
83$51,969,857$2,910,257$202,687$35,567,085
84$57,139,334$2,921,412$78,029$39,018,882
85$62,831,958$2,928,973$0$42,819,922
86$69,100,959$2,932,633$0$47,017,582
87$76,004,991$2,932,067$0$51,657,932
88$83,608,691$2,926,929$0$56,767,683
89$91,983,281$2,916,852$0$62,394,639
90$101,207,244$2,901,446$0$68,591,480
91$111,367,064$2,880,297$0$75,416,258
92$122,558,040$2,852,968$0$82,932,948
93$134,885,190$2,818,993$0$91,212,051
94$148,464,235$2,777,879$0$100,331,260
95$163,422,696$2,729,105$0$110,376,190
96$179,901,097$2,672,117$0$121,441,194
97$198,054,287$2,606,328$0$133,630,247
98$218,052,905$2,531,120$0$147,057,932
99$240,084,991$2,445,834$0$161,850,522
100$264,357,756$2,349,776$0$178,147,167