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%15.7%
1 years$118,088$117,036$116,010$115,008$114,030$111,364
2 years$58,459$57,371$56,316$55,292$54,300$51,629
3 years$38,586$37,492$36,440$35,426$34,450$31,858
4 years$28,651$27,561$26,519$25,523$24,570$22,076
5 years$22,692$21,608$20,580$19,604$18,678$16,290
6 years$18,720$17,645$16,631$15,677$14,779$12,499
7 years$15,884$14,818$13,821$12,889$12,019$9,848
8 years$13,758$12,702$11,721$10,812$9,971$7,907
9 years$12,106$11,059$10,095$9,210$8,397$6,439
10 years$10,785$9,748$8,801$7,939$7,155$5,300
11 years$9,704$8,678$7,749$6,909$6,153$4,400
12 years$8,805$7,789$6,877$6,060$5,332$3,677
13 years$8,044$7,039$6,144$5,350$4,650$3,090
14 years$7,393$6,398$5,520$4,749$4,076$2,608
15 years$6,828$5,845$4,984$4,236$3,589$2,210
16 years$6,335$5,363$4,519$3,793$3,172$1,878
17 years$5,901$4,939$4,112$3,408$2,812$1,600
18 years$5,515$4,564$3,754$3,071$2,501$1,366
19 years$5,170$4,230$3,436$2,775$2,229$1,168
20 years$4,860$3,930$3,154$2,513$1,991$1,000
21 years$4,580$3,661$2,901$2,281$1,782$858
22 years$4,326$3,417$2,674$2,074$1,597$737
23 years$4,094$3,196$2,469$1,889$1,434$633
24 years$3,882$2,995$2,283$1,723$1,289$544
25 years$3,687$2,810$2,114$1,573$1,159$469
26 years$3,507$2,641$1,961$1,438$1,044$404
27 years$3,341$2,486$1,821$1,317$942$348
28 years$3,187$2,342$1,693$1,206$850$300
29 years$3,044$2,210$1,575$1,106$767$258
30 years$2,911$2,087$1,467$1,015$693$223
31 years$2,786$1,973$1,368$932$627$192
32 years$2,670$1,867$1,276$857$567$166
33 years$2,561$1,768$1,192$788$513$143
34 years$2,458$1,675$1,114$725$465$124
35 years$2,362$1,589$1,041$667$421$107
36 years$2,271$1,508$974$615$381$92
37 years$2,185$1,432$912$566$346$80
38 years$2,104$1,361$854$522$313$69
39 years$2,028$1,295$800$481$284$59
40 years$1,955$1,232$750$444$258$51
41 years$1,886$1,172$703$410$234$44
42 years$1,821$1,117$659$378$212$38
43 years$1,758$1,064$619$349$192$33
44 years$1,699$1,014$581$322$175$29
45 years$1,643$967$545$298$159$25
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$16
49 years$1,441$803$425$217$108$14
50 years$1,396$767$400$200$98$12

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 $2,383 every year, while hoping to spend $32,645 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: 34/38/28 Blend
42$1,430,000$1,430,000$1,430,000$1,430,000
43$1,578,318$1,502,528$1,480,363$1,618,535
44$1,704,572$1,541,418$1,495,221$1,687,973
45$1,842,611$1,581,119$1,509,483$1,759,715
46$1,993,600$1,621,637$1,523,094$1,836,449
47$2,158,827$1,662,977$1,535,997$1,918,641
48$2,339,705$1,705,141$1,548,131$2,006,807
49$2,537,795$1,748,132$1,559,433$2,101,513
50$2,754,812$1,791,953$1,569,836$2,203,383
51$2,992,647$1,836,603$1,579,270$2,313,106
52$3,253,382$1,882,081$1,587,660$2,431,439
53$3,539,309$1,928,386$1,594,929$2,559,220
54$3,852,955$1,975,513$1,600,995$2,697,369
55$4,197,100$2,023,457$1,605,773$2,846,901
56$4,574,810$2,072,211$1,609,171$3,008,935
57$4,989,458$2,121,767$1,611,096$3,184,706
58$5,444,763$2,172,114$1,611,448$3,375,574
59$5,944,820$2,223,239$1,610,123$3,583,037
60$6,494,141$2,275,127$1,607,011$3,808,749
61$7,097,695$2,327,760$1,601,998$4,054,531
62$7,760,958$2,381,119$1,594,963$4,322,393
63$8,489,962$2,435,180$1,585,781$4,614,548
64$9,291,352$2,489,917$1,574,318$4,933,439
65$10,172,449$2,545,303$1,560,437$5,281,757
66$11,141,320$2,601,303$1,543,992$5,662,469
67$12,206,851$2,657,883$1,524,832$6,078,847
68$13,378,833$2,715,003$1,502,798$6,534,498
69$14,668,054$2,772,618$1,477,721$7,033,398
70$16,086,400$2,830,681$1,449,429$7,579,930
71$17,646,966$2,889,138$1,417,739$8,178,929
72$19,364,183$2,947,932$1,382,459$8,835,721
73$21,253,948$3,006,999$1,343,390$9,556,181
74$23,333,780$3,066,271$1,300,323$10,346,786
75$25,622,981$3,125,673$1,253,039$11,214,673
76$28,142,818$3,185,124$1,201,309$12,167,714
77$30,916,727$3,244,537$1,144,895$13,214,585
78$33,970,530$3,303,816$1,083,545$14,364,851
79$37,332,680$3,362,859$1,017,000$15,629,057
80$41,034,530$3,421,556$944,986$17,018,828
81$45,110,627$3,479,787$867,218$18,546,977
82$49,599,039$3,537,425$783,398$20,227,631
83$54,541,714$3,594,331$693,215$22,076,362
84$59,984,874$3,650,359$596,342$24,110,336
85$65,979,453$3,705,348$492,442$26,348,475
86$72,581,577$3,759,131$381,159$28,811,639
87$79,853,093$3,811,523$262,123$31,522,821
88$87,862,152$3,862,331$134,947$34,507,366
89$96,683,852$3,911,345$0$37,793,213
90$106,400,947$3,958,344$0$41,411,388
91$117,104,630$4,003,089$0$45,438,647
92$128,895,389$4,045,326$0$49,872,180
93$141,883,956$4,084,785$0$54,753,366
94$156,192,356$4,121,176$0$60,127,810
95$171,955,054$4,154,192$0$66,045,769
96$189,320,227$4,183,504$0$72,562,630
97$208,451,158$4,208,764$0$79,739,433
98$229,527,783$4,229,601$0$87,643,445
99$252,748,384$4,245,618$0$96,348,800
100$278,331,463$4,256,396$0$105,937,199