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

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 $1,430,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$118,088$117,036$116,010$115,008$114,030$111,319
2 years$58,459$57,371$56,316$55,292$54,300$51,584
3 years$38,586$37,492$36,440$35,426$34,450$31,815
4 years$28,651$27,561$26,519$25,523$24,570$22,035
5 years$22,692$21,608$20,580$19,604$18,678$16,251
6 years$18,720$17,645$16,631$15,677$14,779$12,463
7 years$15,884$14,818$13,821$12,889$12,019$9,813
8 years$13,758$12,702$11,721$10,812$9,971$7,875
9 years$12,106$11,059$10,095$9,210$8,397$6,409
10 years$10,785$9,748$8,801$7,939$7,155$5,272
11 years$9,704$8,678$7,749$6,909$6,153$4,374
12 years$8,805$7,789$6,877$6,060$5,332$3,653
13 years$8,044$7,039$6,144$5,350$4,650$3,068
14 years$7,393$6,398$5,520$4,749$4,076$2,588
15 years$6,828$5,845$4,984$4,236$3,589$2,191
16 years$6,335$5,363$4,519$3,793$3,172$1,860
17 years$5,901$4,939$4,112$3,408$2,812$1,584
18 years$5,515$4,564$3,754$3,071$2,501$1,351
19 years$5,170$4,230$3,436$2,775$2,229$1,154
20 years$4,860$3,930$3,154$2,513$1,991$988
21 years$4,580$3,661$2,901$2,281$1,782$847
22 years$4,326$3,417$2,674$2,074$1,597$726
23 years$4,094$3,196$2,469$1,889$1,434$624
24 years$3,882$2,995$2,283$1,723$1,289$536
25 years$3,687$2,810$2,114$1,573$1,159$461
26 years$3,507$2,641$1,961$1,438$1,044$397
27 years$3,341$2,486$1,821$1,317$942$342
28 years$3,187$2,342$1,693$1,206$850$294
29 years$3,044$2,210$1,575$1,106$767$253
30 years$2,911$2,087$1,467$1,015$693$218
31 years$2,786$1,973$1,368$932$627$188
32 years$2,670$1,867$1,276$857$567$162
33 years$2,561$1,768$1,192$788$513$140
34 years$2,458$1,675$1,114$725$465$121
35 years$2,362$1,589$1,041$667$421$104
36 years$2,271$1,508$974$615$381$90
37 years$2,185$1,432$912$566$346$78
38 years$2,104$1,361$854$522$313$67
39 years$2,028$1,295$800$481$284$58
40 years$1,955$1,232$750$444$258$50
41 years$1,886$1,172$703$410$234$43
42 years$1,821$1,117$659$378$212$37
43 years$1,758$1,064$619$349$192$32
44 years$1,699$1,014$581$322$175$28
45 years$1,643$967$545$298$159$24
46 years$1,589$922$512$275$144$21
47 years$1,537$880$481$254$131$18
48 years$1,488$840$452$235$119$15
49 years$1,441$803$425$217$108$13
50 years$1,396$767$400$200$98$11

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 $5,257 every year, while hoping to spend $47,931 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: 36/38/26 Blend
42$1,430,000$1,430,000$1,430,000$1,430,000
43$1,581,283$1,505,493$1,483,328$1,625,684
44$1,691,575$1,528,264$1,482,021$1,681,778
45$1,811,511$1,550,544$1,479,064$1,737,549
46$1,942,024$1,572,259$1,474,351$1,796,822
47$2,084,139$1,593,328$1,467,771$1,859,942
48$2,238,987$1,613,668$1,459,207$1,927,293
49$2,407,811$1,633,185$1,448,538$1,999,298
50$2,591,980$1,651,782$1,435,635$2,076,428
51$2,792,998$1,669,356$1,420,365$2,159,202
52$3,012,524$1,685,795$1,402,588$2,248,196
53$3,252,383$1,700,980$1,382,156$2,344,048
54$3,514,584$1,714,786$1,358,917$2,447,463
55$3,801,339$1,727,078$1,332,708$2,559,222
56$4,115,084$1,737,713$1,303,361$2,680,189
57$4,458,499$1,746,538$1,270,701$2,811,319
58$4,834,539$1,753,391$1,234,542$2,953,672
59$5,246,455$1,758,100$1,194,693$3,108,415
60$5,697,829$1,760,482$1,150,950$3,276,843
61$6,192,604$1,760,342$1,103,103$3,460,386
62$6,735,124$1,757,474$1,050,932$3,660,627
63$7,330,174$1,751,657$994,205$3,879,313
64$7,983,023$1,742,660$932,682$4,118,379
65$8,699,475$1,730,234$866,111$4,379,960
66$9,485,925$1,714,119$794,229$4,666,418
67$10,349,414$1,694,036$716,761$4,980,363
68$11,297,701$1,669,690$633,419$5,324,677
69$12,339,331$1,640,769$543,903$5,702,548
70$13,483,719$1,606,944$447,900$6,117,492
71$14,741,237$1,567,862$345,083$6,573,399
72$16,123,311$1,523,155$235,111$7,074,561
73$17,642,527$1,472,428$117,626$7,625,720
74$19,312,755$1,415,267$0$8,232,112
75$21,149,273$1,351,232$0$8,901,670
76$23,168,914$1,279,858$0$9,673,591
77$25,390,225$1,200,652$0$10,522,369
78$27,833,639$1,113,095$0$11,455,903
79$30,521,669$1,016,636$0$12,482,904
80$33,479,123$910,695$0$13,612,981
81$36,733,330$794,655$0$14,856,731
82$40,314,405$667,869$0$16,225,840
83$44,255,530$529,650$0$17,733,198
84$48,593,265$379,274$0$19,393,019
85$53,367,895$215,975$0$21,220,979
86$58,623,807$38,945$0$23,234,364
87$64,409,913$0$0$25,452,237
88$70,780,105$0$0$27,959,457
89$77,793,769$0$0$30,738,125
90$85,516,341$0$0$33,797,910
91$94,019,924$0$0$37,167,416
92$103,383,973$0$0$40,878,158
93$113,696,035$0$0$44,964,865
94$125,052,585$0$0$49,465,806
95$137,559,929$0$0$54,423,150
96$151,335,210$0$0$59,883,366
97$166,507,511$0$0$65,897,660
98$183,219,073$0$0$72,522,456
99$201,626,641$0$0$79,819,933
100$221,902,936$0$0$87,858,610