Can I retire at age 43 with 1,450,000?

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 $1,450,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$119,740$118,673$117,632$116,617$115,625$114,418
2 years$59,277$58,173$57,103$56,066$55,060$53,844
3 years$39,125$38,017$36,950$35,922$34,932$33,745
4 years$29,052$27,946$26,890$25,880$24,914$23,765
5 years$23,009$21,910$20,868$19,878$18,939$17,832
6 years$18,982$17,891$16,864$15,897$14,986$13,922
7 years$16,106$15,025$14,014$13,070$12,188$11,168
8 years$13,951$12,879$11,885$10,964$10,111$9,134
9 years$12,275$11,214$10,237$9,339$8,515$7,581
10 years$10,935$9,884$8,925$8,050$7,255$6,364
11 years$9,840$8,799$7,857$7,006$6,239$5,390
12 years$8,928$7,898$6,973$6,145$5,407$4,599
13 years$8,156$7,137$6,230$5,425$4,715$3,947
14 years$7,496$6,488$5,598$4,816$4,133$3,404
15 years$6,924$5,927$5,054$4,295$3,639$2,948
16 years$6,424$5,438$4,582$3,846$3,216$2,562
17 years$5,983$5,008$4,169$3,455$2,852$2,233
18 years$5,592$4,627$3,806$3,114$2,536$1,951
19 years$5,242$4,289$3,484$2,814$2,260$1,708
20 years$4,928$3,985$3,198$2,548$2,019$1,498
21 years$4,644$3,712$2,941$2,313$1,807$1,317
22 years$4,386$3,465$2,711$2,103$1,619$1,158
23 years$4,151$3,241$2,503$1,915$1,454$1,021
24 years$3,936$3,036$2,315$1,747$1,307$900
25 years$3,738$2,850$2,144$1,595$1,176$794
26 years$3,556$2,678$1,989$1,459$1,059$702
27 years$3,388$2,520$1,846$1,335$955$620
28 years$3,232$2,375$1,717$1,223$862$549
29 years$3,087$2,241$1,597$1,122$778$486
30 years$2,952$2,116$1,488$1,029$703$430
31 years$2,825$2,000$1,387$945$635$381
32 years$2,707$1,893$1,294$869$575$338
33 years$2,597$1,792$1,208$799$520$299
34 years$2,493$1,699$1,129$735$471$266
35 years$2,395$1,611$1,056$677$427$236
36 years$2,303$1,529$988$623$387$209
37 years$2,216$1,453$924$574$350$186
38 years$2,134$1,380$866$529$318$165
39 years$2,056$1,313$811$488$288$146
40 years$1,982$1,249$760$450$261$130
41 years$1,912$1,189$713$415$237$115
42 years$1,846$1,132$669$383$215$102
43 years$1,783$1,079$627$354$195$91
44 years$1,723$1,028$589$327$177$81
45 years$1,666$981$553$302$161$72
46 years$1,611$935$519$279$146$64
47 years$1,559$893$488$257$133$57
48 years$1,509$852$458$238$120$50
49 years$1,461$814$431$220$109$45
50 years$1,416$777$405$203$99$40

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,450,000, adding $6,301 every year, while hoping to spend $47,774 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: 31/41/28 Blend
42$1,450,000$1,450,000$1,450,000$1,450,000
43$1,604,399$1,527,549$1,505,074$1,640,220
44$1,717,217$1,551,568$1,504,663$1,692,474
45$1,839,941$1,575,163$1,502,637$1,744,059
46$1,973,531$1,598,262$1,498,892$1,798,647
47$2,119,043$1,620,789$1,493,317$1,856,537
48$2,277,641$1,642,663$1,485,798$1,918,056
49$2,450,603$1,663,796$1,476,215$1,983,570
50$2,639,337$1,684,094$1,464,441$2,053,482
51$2,845,393$1,703,459$1,450,343$2,128,242
52$3,070,478$1,721,783$1,433,784$2,208,346
53$3,316,469$1,738,953$1,414,619$2,294,346
54$3,585,435$1,754,847$1,392,694$2,386,851
55$3,879,651$1,769,337$1,367,852$2,486,537
56$4,201,626$1,782,285$1,339,925$2,594,155
57$4,554,119$1,793,544$1,308,740$2,710,534
58$4,940,170$1,802,958$1,274,113$2,836,592
59$5,363,126$1,810,362$1,235,855$2,973,346
60$5,826,674$1,815,579$1,193,765$3,121,923
61$6,334,875$1,818,422$1,147,636$3,283,569
62$6,892,198$1,818,691$1,097,248$3,459,662
63$7,503,571$1,816,176$1,042,374$3,651,729
64$8,174,417$1,810,650$982,776$3,861,457
65$8,910,712$1,801,877$918,204$4,090,712
66$9,719,039$1,789,602$848,397$4,341,561
67$10,606,646$1,773,558$773,084$4,616,284
68$11,581,522$1,753,461$691,980$4,917,408
69$12,652,465$1,729,008$604,789$5,247,721
70$13,829,167$1,699,880$511,200$5,610,308
71$15,122,307$1,665,739$410,890$6,008,578
72$16,543,647$1,626,225$303,520$6,446,297
73$18,106,149$1,580,960$188,738$6,927,628
74$19,824,090$1,529,540$66,174$7,457,169
75$21,713,201$1,471,542$0$8,040,000
76$23,790,813$1,406,513$0$8,701,038
77$26,076,022$1,333,978$0$9,449,529
78$28,589,867$1,253,434$0$10,272,650
79$31,355,527$1,164,346$0$11,178,090
80$34,398,544$1,066,152$0$12,174,331
81$37,747,059$958,257$0$13,270,729
82$41,432,078$840,030$0$14,477,606
83$45,487,765$710,807$0$15,806,344
84$49,951,765$569,885$0$17,269,502
85$54,865,558$416,521$0$18,880,927
86$60,274,846$249,933$0$20,655,897
87$66,229,992$69,291$0$22,611,256
88$72,786,486$0$0$24,765,586
89$80,005,476$0$0$27,196,350
90$87,954,337$0$0$29,907,584
91$96,707,314$0$0$32,893,385
92$106,346,216$0$0$36,181,698
93$116,961,191$0$0$39,803,315
94$128,651,574$0$0$43,792,165
95$141,526,828$0$0$48,185,639
96$155,707,570$0$0$53,024,937
97$171,326,716$0$0$58,355,461
98$188,530,729$0$0$64,227,241
99$207,481,005$0$0$70,695,408
100$228,355,394$0$0$77,820,713