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

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 $1,440,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$118,914$117,855$116,821$115,813$114,828$112,052
2 years$58,868$57,772$56,709$55,679$54,680$51,900
3 years$38,856$37,755$36,695$35,674$34,691$31,994
4 years$28,851$27,754$26,704$25,701$24,742$22,148
5 years$22,850$21,759$20,724$19,741$18,808$16,326
6 years$18,851$17,768$16,748$15,787$14,883$12,513
7 years$15,995$14,922$13,917$12,979$12,103$9,848
8 years$13,855$12,791$11,803$10,888$10,041$7,898
9 years$12,191$11,136$10,166$9,274$8,456$6,424
10 years$10,860$9,816$8,863$7,994$7,205$5,281
11 years$9,772$8,739$7,803$6,958$6,196$4,379
12 years$8,866$7,843$6,925$6,103$5,370$3,655
13 years$8,100$7,088$6,187$5,388$4,683$3,067
14 years$7,444$6,443$5,559$4,783$4,105$2,585
15 years$6,876$5,886$5,019$4,265$3,614$2,187
16 years$6,380$5,400$4,550$3,819$3,194$1,856
17 years$5,942$4,973$4,141$3,431$2,832$1,579
18 years$5,554$4,596$3,780$3,092$2,518$1,346
19 years$5,206$4,259$3,460$2,794$2,245$1,149
20 years$4,894$3,958$3,176$2,531$2,005$983
21 years$4,612$3,687$2,921$2,297$1,794$842
22 years$4,356$3,441$2,692$2,088$1,608$721
23 years$4,123$3,218$2,486$1,902$1,444$619
24 years$3,909$3,016$2,299$1,735$1,298$532
25 years$3,713$2,830$2,129$1,584$1,168$457
26 years$3,532$2,660$1,975$1,448$1,052$393
27 years$3,364$2,503$1,834$1,326$948$338
28 years$3,209$2,359$1,705$1,215$856$291
29 years$3,065$2,225$1,586$1,114$773$250
30 years$2,931$2,101$1,478$1,022$698$216
31 years$2,806$1,986$1,378$939$631$186
32 years$2,689$1,880$1,285$863$571$160
33 years$2,579$1,780$1,200$794$517$138
34 years$2,476$1,687$1,121$730$468$119
35 years$2,379$1,600$1,048$672$424$102
36 years$2,287$1,519$981$619$384$88
37 years$2,201$1,442$918$570$348$76
38 years$2,119$1,371$860$526$315$66
39 years$2,042$1,304$805$485$286$57
40 years$1,969$1,240$755$447$259$49
41 years$1,899$1,181$708$412$235$42
42 years$1,833$1,124$664$381$214$36
43 years$1,771$1,071$623$351$194$31
44 years$1,711$1,021$585$324$176$27
45 years$1,654$974$549$300$160$23
46 years$1,600$929$516$277$145$20
47 years$1,548$886$485$256$132$17
48 years$1,499$846$455$236$120$15
49 years$1,451$808$428$218$109$13
50 years$1,406$772$402$202$99$11

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 $2,051 every year, while hoping to spend $32,829 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: 38/33/29 Blend
42$1,440,000$1,440,000$1,440,000$1,440,000
43$1,588,996$1,512,676$1,490,356$1,635,596
44$1,716,143$1,551,867$1,505,353$1,709,297
45$1,855,160$1,591,878$1,519,752$1,785,749
46$2,007,221$1,632,715$1,533,499$1,867,756
47$2,173,622$1,674,383$1,546,535$1,955,845
48$2,355,788$1,716,884$1,558,801$2,050,596
49$2,555,290$1,760,222$1,570,232$2,152,648
50$2,773,855$1,804,400$1,580,761$2,262,706
51$3,013,389$1,849,416$1,590,317$2,381,547
52$3,275,989$1,895,271$1,598,826$2,510,025
53$3,563,964$1,941,963$1,606,211$2,649,085
54$3,879,857$1,989,489$1,612,388$2,799,766
55$4,226,471$2,037,842$1,617,272$2,963,214
56$4,606,892$2,087,018$1,620,771$3,140,691
57$5,024,520$2,137,006$1,622,792$3,333,590
58$5,483,099$2,187,798$1,623,234$3,543,446
59$5,986,755$2,239,379$1,621,992$3,771,950
60$6,540,031$2,291,736$1,618,956$4,020,968
61$7,147,935$2,344,852$1,614,011$4,292,556
62$7,815,980$2,398,706$1,607,036$4,588,979
63$8,550,244$2,453,275$1,597,905$4,912,737
64$9,357,418$2,508,536$1,586,485$5,266,584
65$10,244,879$2,564,458$1,572,636$5,653,557
66$11,220,750$2,621,010$1,556,213$6,077,004
67$12,293,983$2,678,156$1,537,063$6,540,614
68$13,474,440$2,735,856$1,515,025$7,048,457
69$14,772,988$2,794,068$1,489,934$7,605,018
70$16,201,599$2,852,744$1,461,612$8,215,240
71$17,773,463$2,911,830$1,429,878$8,884,576
72$19,503,116$2,971,269$1,394,538$9,619,034
73$21,406,572$3,030,998$1,355,393$10,425,239
74$23,501,475$3,090,950$1,312,231$11,310,492
75$25,807,268$3,151,049$1,264,834$12,282,846
76$28,345,374$3,211,216$1,212,971$13,351,173
77$31,139,399$3,271,362$1,156,402$14,525,257
78$34,215,353$3,331,394$1,094,876$15,815,882
79$37,601,895$3,391,209$1,028,131$17,234,937
80$41,330,607$3,450,697$955,892$18,795,524
81$45,436,287$3,509,739$877,873$20,512,091
82$49,957,281$3,568,208$793,774$22,400,561
83$54,935,840$3,625,967$703,281$24,478,486
84$60,418,524$3,682,867$606,069$26,765,214
85$66,456,637$3,738,752$501,797$29,282,074
86$73,106,714$3,793,450$390,107$32,052,574
87$80,431,050$3,846,781$270,627$35,102,627
88$88,498,294$3,898,550$142,970$38,460,796
89$97,384,090$3,948,549$6,730$42,158,565
90$107,171,795$3,996,556$0$46,230,637
91$117,953,263$4,042,332$0$50,758,169
92$129,829,715$4,085,625$0$55,745,427
93$142,912,688$4,126,163$0$61,236,941
94$157,325,096$4,163,659$0$67,284,078
95$173,202,382$4,197,804$0$73,943,451
96$190,693,800$4,228,271$0$81,277,446
97$209,963,823$4,254,712$0$89,354,816
98$231,193,694$4,276,755$0$98,251,330
99$254,583,140$4,294,005$0$108,050,485
100$280,352,252$4,306,042$0$118,844,301