Can I retire at age 43 with 1,430,000?

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 $1,430,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$118,088$117,036$116,010$115,008$114,030$112,049
2 years$58,459$57,371$56,316$55,292$54,300$52,310
3 years$38,586$37,492$36,440$35,426$34,450$32,514
4 years$28,651$27,561$26,519$25,523$24,570$22,703
5 years$22,692$21,608$20,580$19,604$18,678$16,884
6 years$18,720$17,645$16,631$15,677$14,779$13,061
7 years$15,884$14,818$13,821$12,889$12,019$10,378
8 years$13,758$12,702$11,721$10,812$9,971$8,406
9 years$12,106$11,059$10,095$9,210$8,397$6,907
10 years$10,785$9,748$8,801$7,939$7,155$5,738
11 years$9,704$8,678$7,749$6,909$6,153$4,809
12 years$8,805$7,789$6,877$6,060$5,332$4,059
13 years$8,044$7,039$6,144$5,350$4,650$3,445
14 years$7,393$6,398$5,520$4,749$4,076$2,937
15 years$6,828$5,845$4,984$4,236$3,589$2,514
16 years$6,335$5,363$4,519$3,793$3,172$2,159
17 years$5,901$4,939$4,112$3,408$2,812$1,859
18 years$5,515$4,564$3,754$3,071$2,501$1,605
19 years$5,170$4,230$3,436$2,775$2,229$1,388
20 years$4,860$3,930$3,154$2,513$1,991$1,202
21 years$4,580$3,661$2,901$2,281$1,782$1,043
22 years$4,326$3,417$2,674$2,074$1,597$906
23 years$4,094$3,196$2,469$1,889$1,434$788
24 years$3,882$2,995$2,283$1,723$1,289$686
25 years$3,687$2,810$2,114$1,573$1,159$597
26 years$3,507$2,641$1,961$1,438$1,044$520
27 years$3,341$2,486$1,821$1,317$942$454
28 years$3,187$2,342$1,693$1,206$850$396
29 years$3,044$2,210$1,575$1,106$767$346
30 years$2,911$2,087$1,467$1,015$693$302
31 years$2,786$1,973$1,368$932$627$264
32 years$2,670$1,867$1,276$857$567$230
33 years$2,561$1,768$1,192$788$513$201
34 years$2,458$1,675$1,114$725$465$176
35 years$2,362$1,589$1,041$667$421$154
36 years$2,271$1,508$974$615$381$135
37 years$2,185$1,432$912$566$346$118
38 years$2,104$1,361$854$522$313$103
39 years$2,028$1,295$800$481$284$90
40 years$1,955$1,232$750$444$258$79
41 years$1,886$1,172$703$410$234$69
42 years$1,821$1,117$659$378$212$60
43 years$1,758$1,064$619$349$192$53
44 years$1,699$1,014$581$322$175$46
45 years$1,643$967$545$298$159$41
46 years$1,589$922$512$275$144$35
47 years$1,537$880$481$254$131$31
48 years$1,488$840$452$235$119$27
49 years$1,441$803$425$217$108$24
50 years$1,396$767$400$200$98$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,430,000, adding $4,433 every year, while hoping to spend $57,136 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: 32/47/21 Blend
42$1,430,000$1,430,000$1,430,000$1,430,000
43$1,580,433$1,504,643$1,482,478$1,620,621
44$1,680,845$1,517,578$1,471,348$1,664,090
45$1,789,583$1,529,232$1,457,931$1,705,390
46$1,907,438$1,539,482$1,442,090$1,748,690
47$2,035,277$1,548,196$1,423,680$1,794,199
48$2,174,054$1,555,236$1,402,551$1,842,155
49$2,324,818$1,560,453$1,378,547$1,892,818
50$2,488,723$1,563,690$1,351,503$1,946,484
51$2,667,041$1,564,778$1,321,246$2,003,481
52$2,861,167$1,563,541$1,287,596$2,064,173
53$3,072,641$1,559,789$1,250,364$2,128,971
54$3,303,153$1,553,321$1,209,354$2,198,328
55$3,554,566$1,543,925$1,164,359$2,272,752
56$3,828,929$1,531,375$1,115,163$2,352,808
57$4,128,499$1,515,432$1,061,540$2,439,124
58$4,455,760$1,495,842$1,003,256$2,532,400
59$4,813,445$1,472,336$940,062$2,633,415
60$5,204,565$1,444,628$871,702$2,743,034
61$5,632,433$1,412,418$797,907$2,862,218
62$6,100,700$1,375,385$718,396$2,992,035
63$6,613,383$1,333,190$632,874$3,133,674
64$7,174,908$1,285,477$541,035$3,288,450
65$7,790,147$1,231,864$442,558$3,457,825
66$8,464,468$1,171,951$337,110$3,643,424
67$9,203,781$1,105,314$224,341$3,847,044
68$10,014,597$1,031,504$103,886$4,070,681
69$10,904,084$950,046$0$4,316,548
70$11,880,141$860,439$0$4,592,622
71$12,951,467$762,152$0$4,921,294
72$14,127,643$654,625$0$5,282,364
73$15,419,227$537,265$0$5,679,261
74$16,837,844$409,447$0$6,115,778
75$18,396,305$270,511$0$6,596,105
76$20,108,721$119,759$0$7,124,873
77$21,990,637$0$0$7,707,200
78$24,059,179$0$0$8,371,263
79$26,333,216$0$0$9,169,621
80$28,833,534$0$0$10,047,663
81$31,583,037$0$0$11,013,461
82$34,606,956$0$0$12,075,910
83$37,933,091$0$0$13,244,810
84$41,592,074$0$0$14,530,959
85$45,617,652$0$0$15,946,252
86$50,047,009$0$0$17,503,799
87$54,921,115$0$0$19,218,044
88$60,285,114$0$0$21,104,900
89$66,188,746$0$0$23,181,904
90$72,686,816$0$0$25,468,379
91$79,839,713$0$0$27,985,614
92$87,713,980$0$0$30,757,070
93$96,382,937$0$0$33,808,597
94$105,927,374$0$0$37,168,682
95$116,436,316$0$0$40,868,710
96$128,007,856$0$0$44,943,269
97$140,750,087$0$0$49,430,471
98$154,782,117$0$0$54,372,311
99$170,235,192$0$0$59,815,067
100$187,253,939$0$0$65,809,732