Can I retire at age 43 with 1,440,000?

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 $1,440,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$118,914$117,855$116,821$115,813$114,828$113,158
2 years$58,868$57,772$56,709$55,679$54,680$53,002
3 years$38,856$37,755$36,695$35,674$34,691$33,056
4 years$28,851$27,754$26,704$25,701$24,742$23,163
5 years$22,850$21,759$20,724$19,741$18,808$17,290
6 years$18,851$17,768$16,748$15,787$14,883$13,426
7 years$15,995$14,922$13,917$12,979$12,103$10,709
8 years$13,855$12,791$11,803$10,888$10,041$8,709
9 years$12,191$11,136$10,166$9,274$8,456$7,186
10 years$10,860$9,816$8,863$7,994$7,205$5,996
11 years$9,772$8,739$7,803$6,958$6,196$5,047
12 years$8,866$7,843$6,925$6,103$5,370$4,279
13 years$8,100$7,088$6,187$5,388$4,683$3,648
14 years$7,444$6,443$5,559$4,783$4,105$3,126
15 years$6,876$5,886$5,019$4,265$3,614$2,688
16 years$6,380$5,400$4,550$3,819$3,194$2,320
17 years$5,942$4,973$4,141$3,431$2,832$2,008
18 years$5,554$4,596$3,780$3,092$2,518$1,742
19 years$5,206$4,259$3,460$2,794$2,245$1,514
20 years$4,894$3,958$3,176$2,531$2,005$1,318
21 years$4,612$3,687$2,921$2,297$1,794$1,150
22 years$4,356$3,441$2,692$2,088$1,608$1,004
23 years$4,123$3,218$2,486$1,902$1,444$878
24 years$3,909$3,016$2,299$1,735$1,298$768
25 years$3,713$2,830$2,129$1,584$1,168$673
26 years$3,532$2,660$1,975$1,448$1,052$590
27 years$3,364$2,503$1,834$1,326$948$517
28 years$3,209$2,359$1,705$1,215$856$454
29 years$3,065$2,225$1,586$1,114$773$398
30 years$2,931$2,101$1,478$1,022$698$350
31 years$2,806$1,986$1,378$939$631$307
32 years$2,689$1,880$1,285$863$571$270
33 years$2,579$1,780$1,200$794$517$238
34 years$2,476$1,687$1,121$730$468$209
35 years$2,379$1,600$1,048$672$424$184
36 years$2,287$1,519$981$619$384$162
37 years$2,201$1,442$918$570$348$142
38 years$2,119$1,371$860$526$315$125
39 years$2,042$1,304$805$485$286$110
40 years$1,969$1,240$755$447$259$97
41 years$1,899$1,181$708$412$235$85
42 years$1,833$1,124$664$381$214$75
43 years$1,771$1,071$623$351$194$66
44 years$1,711$1,021$585$324$176$58
45 years$1,654$974$549$300$160$51
46 years$1,600$929$516$277$145$45
47 years$1,548$886$485$256$132$40
48 years$1,499$846$455$236$120$35
49 years$1,451$808$428$218$109$31
50 years$1,406$772$402$202$99$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,440,000, adding $4,311 every year, while hoping to spend $45,729 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: 75/10/15 Blend
42$1,440,000$1,440,000$1,440,000$1,440,000
43$1,591,327$1,515,007$1,492,687$1,705,175
44$1,704,987$1,540,587$1,494,037$1,806,597
45$1,828,708$1,565,888$1,493,899$1,911,618
46$1,963,467$1,590,847$1,492,176$2,025,484
47$2,110,341$1,615,399$1,488,764$2,149,063
48$2,270,514$1,639,472$1,483,556$2,283,309
49$2,445,290$1,662,989$1,476,438$2,429,275
50$2,636,103$1,685,869$1,467,292$2,588,119
51$2,844,533$1,708,025$1,455,994$2,761,118
52$3,072,318$1,729,361$1,442,413$2,949,680
53$3,321,374$1,749,779$1,426,413$3,155,356
54$3,593,806$1,769,170$1,407,850$3,379,853
55$3,891,938$1,787,423$1,386,576$3,625,056
56$4,218,322$1,804,414$1,362,434$3,893,039
57$4,575,775$1,820,013$1,335,259$4,186,089
58$4,967,393$1,834,084$1,304,880$4,506,726
59$5,396,591$1,846,477$1,271,117$4,857,729
60$5,867,127$1,857,038$1,233,782$5,242,157
61$6,383,140$1,865,599$1,192,680$5,663,386
62$6,949,189$1,871,982$1,147,604$6,125,132
63$7,570,297$1,876,000$1,098,339$6,631,493
64$8,251,995$1,877,452$1,044,662$7,186,986
65$9,000,377$1,876,125$986,336$7,796,589
66$9,822,153$1,871,794$923,116$8,465,786
67$10,724,719$1,864,218$854,747$9,200,625
68$11,716,219$1,853,143$780,959$10,007,770
69$12,805,625$1,838,299$701,473$10,894,563
70$14,002,823$1,819,400$615,997$11,869,102
71$15,318,703$1,796,142$524,224$12,940,306
72$16,765,261$1,768,203$425,836$14,118,009
73$18,355,716$1,735,243$320,500$15,413,048
74$20,104,629$1,696,901$207,868$16,837,368
75$22,028,046$1,652,793$87,576$18,404,133
76$24,143,643$1,602,516$0$20,127,851
77$26,470,895$1,545,641$0$22,031,044
78$29,031,263$1,481,713$0$24,140,190
79$31,848,388$1,410,254$0$26,460,746
80$34,948,323$1,330,755$0$29,014,191
81$38,359,769$1,242,680$0$31,824,191
82$42,114,355$1,145,461$0$34,916,827
83$46,246,929$1,038,497$0$38,320,837
84$50,795,887$921,155$0$42,067,889
85$55,803,540$792,764$0$46,192,882
86$61,316,507$652,616$0$50,734,273
87$67,386,158$499,962$0$55,734,440
88$74,069,099$334,012$0$61,240,083
89$81,427,700$153,931$0$67,302,665
90$89,530,690$0$0$73,978,897
91$98,453,802$0$0$81,335,803
92$108,280,487$0$0$89,456,416
93$119,102,703$0$0$98,399,799
94$131,021,780$0$0$108,249,700
95$144,149,376$0$0$119,098,405
96$158,608,534$0$0$131,047,606
97$174,534,837$0$0$144,209,361
98$192,077,692$0$0$158,707,155
99$211,401,738$0$0$174,677,060
100$232,688,399$0$0$192,269,021