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%12.7%
1 years$118,088$117,036$116,010$115,008$114,030$112,746
2 years$58,459$57,371$56,316$55,292$54,300$53,007
3 years$38,586$37,492$36,440$35,426$34,450$33,188
4 years$28,651$27,561$26,519$25,523$24,570$23,350
5 years$22,692$21,608$20,580$19,604$18,678$17,502
6 years$18,720$17,645$16,631$15,677$14,779$13,650
7 years$15,884$14,818$13,821$12,889$12,019$10,937
8 years$13,758$12,702$11,721$10,812$9,971$8,935
9 years$12,106$11,059$10,095$9,210$8,397$7,407
10 years$10,785$9,748$8,801$7,939$7,155$6,211
11 years$9,704$8,678$7,749$6,909$6,153$5,254
12 years$8,805$7,789$6,877$6,060$5,332$4,477
13 years$8,044$7,039$6,144$5,350$4,650$3,837
14 years$7,393$6,398$5,520$4,749$4,076$3,305
15 years$6,828$5,845$4,984$4,236$3,589$2,858
16 years$6,335$5,363$4,519$3,793$3,172$2,480
17 years$5,901$4,939$4,112$3,408$2,812$2,159
18 years$5,515$4,564$3,754$3,071$2,501$1,883
19 years$5,170$4,230$3,436$2,775$2,229$1,647
20 years$4,860$3,930$3,154$2,513$1,991$1,442
21 years$4,580$3,661$2,901$2,281$1,782$1,266
22 years$4,326$3,417$2,674$2,074$1,597$1,112
23 years$4,094$3,196$2,469$1,889$1,434$978
24 years$3,882$2,995$2,283$1,723$1,289$861
25 years$3,687$2,810$2,114$1,573$1,159$759
26 years$3,507$2,641$1,961$1,438$1,044$669
27 years$3,341$2,486$1,821$1,317$942$591
28 years$3,187$2,342$1,693$1,206$850$522
29 years$3,044$2,210$1,575$1,106$767$461
30 years$2,911$2,087$1,467$1,015$693$408
31 years$2,786$1,973$1,368$932$627$361
32 years$2,670$1,867$1,276$857$567$319
33 years$2,561$1,768$1,192$788$513$282
34 years$2,458$1,675$1,114$725$465$250
35 years$2,362$1,589$1,041$667$421$221
36 years$2,271$1,508$974$615$381$196
37 years$2,185$1,432$912$566$346$174
38 years$2,104$1,361$854$522$313$154
39 years$2,028$1,295$800$481$284$136
40 years$1,955$1,232$750$444$258$121
41 years$1,886$1,172$703$410$234$107
42 years$1,821$1,117$659$378$212$95
43 years$1,758$1,064$619$349$192$84
44 years$1,699$1,014$581$322$175$75
45 years$1,643$967$545$298$159$66
46 years$1,589$922$512$275$144$59
47 years$1,537$880$481$254$131$52
48 years$1,488$840$452$235$119$46
49 years$1,441$803$425$217$108$41
50 years$1,396$767$400$200$98$36

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 $2,177 every year, while hoping to spend $46,874 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: 60/28/12 Blend
42$1,430,000$1,430,000$1,430,000$1,430,000
43$1,578,106$1,502,316$1,480,151$1,668,095
44$1,689,199$1,526,055$1,479,862$1,752,601
45$1,810,052$1,549,388$1,477,993$1,839,255
46$1,941,613$1,572,242$1,474,441$1,932,642
47$2,084,921$1,594,546$1,469,098$2,033,418
48$2,241,122$1,616,218$1,461,852$2,142,301
49$2,411,477$1,637,173$1,452,584$2,260,086
50$2,597,373$1,657,320$1,441,172$2,387,648
51$2,800,339$1,676,563$1,427,485$2,525,953
52$3,022,056$1,694,796$1,411,387$2,676,065
53$3,264,374$1,711,910$1,392,737$2,839,158
54$3,529,331$1,727,785$1,371,386$3,016,527
55$3,819,172$1,742,296$1,347,176$3,209,598
56$4,136,368$1,755,308$1,319,946$3,419,947
57$4,483,637$1,766,678$1,289,525$3,649,309
58$4,863,977$1,776,254$1,255,733$3,899,597
59$5,280,687$1,783,875$1,218,384$4,172,923
60$5,737,399$1,789,367$1,177,282$4,471,614
61$6,238,116$1,792,547$1,132,222$4,798,238
62$6,787,244$1,793,222$1,082,992$5,155,624
63$7,389,637$1,791,185$1,029,367$5,546,894
64$8,050,643$1,786,215$971,113$5,975,490
65$8,776,149$1,778,081$907,987$6,445,208
66$9,572,645$1,766,535$839,732$6,960,232
67$10,447,274$1,751,315$766,083$7,525,178
68$11,407,910$1,732,144$686,761$8,145,135
69$12,463,224$1,708,726$601,474$8,825,714
70$13,622,768$1,680,749$509,919$9,573,102
71$14,897,067$1,647,882$411,778$10,394,121
72$16,297,716$1,609,776$306,720$11,296,295
73$17,837,486$1,566,058$194,399$12,287,916
74$19,530,451$1,516,337$74,453$13,378,129
75$21,392,116$1,460,196$0$14,577,018
76$23,439,561$1,397,194$0$15,902,556
77$25,691,607$1,326,868$0$17,370,762
78$28,168,990$1,248,724$0$18,985,658
79$30,894,556$1,162,241$0$20,762,197
80$33,893,479$1,066,868$0$22,716,862
81$37,193,494$962,025$0$24,867,821
82$40,825,161$847,094$0$27,235,099
83$44,822,152$721,427$0$29,840,769
84$49,221,571$584,336$0$32,709,161
85$54,064,299$435,096$0$35,867,092
86$59,395,382$272,940$0$39,344,123
87$65,264,456$97,060$0$43,172,835
88$71,726,214$0$0$47,389,138
89$78,840,922$0$0$52,061,395
90$86,674,987$0$0$57,239,129
91$95,301,584$0$0$62,940,819
92$104,801,344$0$0$69,219,774
93$115,263,119$0$0$76,134,741
94$126,784,814$0$0$83,750,453
95$139,474,315$0$0$92,138,241
96$153,450,505$0$0$101,376,710
97$168,844,385$0$0$111,552,473
98$185,800,312$0$0$122,760,978
99$204,477,358$0$0$135,107,399
100$225,050,813$0$0$148,707,638