Can I retire at age 43 with 1,460,000?

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 $1,460,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.2%
1 years$120,565$119,492$118,444$117,421$116,422$113,013
2 years$59,686$58,574$57,497$56,452$55,439$52,032
3 years$39,395$38,279$37,204$36,170$35,173$31,874
4 years$29,252$28,139$27,075$26,058$25,086$21,921
5 years$23,168$22,061$21,011$20,015$19,070$16,048
6 years$19,113$18,015$16,980$16,006$15,089$12,213
7 years$16,217$15,129$14,111$13,160$12,272$9,541
8 years$14,047$12,968$11,967$11,039$10,180$7,594
9 years$12,360$11,291$10,307$9,403$8,573$6,128
10 years$11,011$9,953$8,986$8,106$7,305$4,997
11 years$9,908$8,860$7,911$7,054$6,283$4,109
12 years$8,989$7,952$7,021$6,188$5,444$3,400
13 years$8,213$7,187$6,273$5,463$4,748$2,829
14 years$7,548$6,532$5,636$4,849$4,162$2,363
15 years$6,972$5,968$5,089$4,325$3,664$1,981
16 years$6,468$5,475$4,614$3,872$3,238$1,665
17 years$6,025$5,042$4,198$3,479$2,871$1,403
18 years$5,631$4,659$3,832$3,135$2,553$1,185
19 years$5,279$4,318$3,508$2,833$2,276$1,002
20 years$4,962$4,013$3,220$2,566$2,033$849
21 years$4,676$3,738$2,962$2,329$1,819$719
22 years$4,416$3,489$2,730$2,117$1,631$610
23 years$4,180$3,263$2,520$1,928$1,464$519
24 years$3,963$3,057$2,331$1,759$1,316$441
25 years$3,764$2,869$2,159$1,606$1,184$375
26 years$3,581$2,697$2,002$1,469$1,066$319
27 years$3,411$2,538$1,859$1,344$961$271
28 years$3,254$2,391$1,728$1,232$867$231
29 years$3,108$2,256$1,608$1,129$783$197
30 years$2,972$2,131$1,498$1,037$708$168
31 years$2,845$2,014$1,397$952$640$143
32 years$2,726$1,906$1,303$875$579$122
33 years$2,615$1,805$1,217$805$524$104
34 years$2,510$1,710$1,137$740$474$89
35 years$2,412$1,622$1,063$681$430$75
36 years$2,319$1,540$994$628$389$64
37 years$2,231$1,463$931$578$353$55
38 years$2,149$1,390$872$533$320$47
39 years$2,070$1,322$817$491$290$40
40 years$1,996$1,257$765$453$263$34
41 years$1,926$1,197$718$418$239$29
42 years$1,859$1,140$673$386$217$25
43 years$1,795$1,086$632$356$197$21
44 years$1,735$1,035$593$329$178$18
45 years$1,677$987$557$304$162$15
46 years$1,622$942$523$281$147$13
47 years$1,570$899$491$259$134$11
48 years$1,519$858$462$240$121$10
49 years$1,471$819$434$221$110$8
50 years$1,425$783$408$205$100$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,460,000, adding $4,342 every year, while hoping to spend $37,848 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: 39/31/30 Blend
42$1,460,000$1,460,000$1,460,000$1,460,000
43$1,613,399$1,536,019$1,513,389$1,661,839
44$1,737,695$1,571,014$1,523,817$1,732,783
45$1,873,402$1,606,455$1,533,327$1,805,663
46$2,021,642$1,642,324$1,541,846$1,883,764
47$2,183,653$1,678,602$1,549,301$1,967,589
48$2,360,797$1,715,264$1,555,614$2,057,692
49$2,554,573$1,752,287$1,560,702$2,154,684
50$2,766,633$1,789,643$1,564,480$2,259,239
51$2,998,796$1,827,302$1,566,856$2,372,100
52$3,253,063$1,865,229$1,567,735$2,494,087
53$3,531,639$1,903,390$1,567,019$2,626,107
54$3,836,954$1,941,743$1,564,601$2,769,156
55$4,171,680$1,980,246$1,560,372$2,924,337
56$4,538,765$2,018,851$1,554,218$3,092,865
57$4,941,452$2,057,507$1,546,017$3,276,079
58$5,383,314$2,096,159$1,535,643$3,475,459
59$5,868,288$2,134,747$1,522,963$3,692,636
60$6,400,710$2,173,206$1,507,839$3,929,408
61$6,985,355$2,211,466$1,490,124$4,187,762
62$7,627,485$2,249,451$1,469,667$4,469,885
63$8,332,895$2,287,081$1,446,307$4,778,195
64$9,107,970$2,324,268$1,419,878$5,115,354
65$9,959,744$2,360,918$1,390,205$5,484,301
66$10,895,966$2,396,932$1,357,106$5,888,278
67$11,925,174$2,432,200$1,320,387$6,330,858
68$13,056,771$2,466,608$1,279,850$6,815,984
69$14,301,121$2,500,031$1,235,285$7,348,006
70$15,669,641$2,532,338$1,186,472$7,931,719
71$17,174,908$2,563,386$1,133,183$8,572,412
72$18,830,783$2,593,026$1,075,178$9,275,918
73$20,652,533$2,621,094$1,012,207$10,048,670
74$22,656,984$2,647,420$944,008$10,897,762
75$24,862,672$2,671,820$870,308$11,831,015
76$27,290,023$2,694,097$790,822$12,857,058
77$29,961,541$2,714,044$705,250$13,985,400
78$32,902,024$2,731,438$613,282$15,226,532
79$36,138,795$2,746,043$514,592$16,592,019
80$39,701,961$2,757,608$408,840$18,094,613
81$43,624,696$2,765,866$295,670$19,748,375
82$47,943,553$2,770,532$174,714$21,568,808
83$52,698,812$2,771,304$45,583$23,573,005
84$57,934,855$2,767,862$0$25,779,813
85$63,700,589$2,759,866$0$28,239,528
86$70,049,903$2,746,954$0$30,963,029
87$77,042,181$2,728,742$0$33,961,104
88$84,742,857$2,704,824$0$37,261,744
89$93,224,038$2,674,770$0$40,895,796
90$102,565,177$2,638,121$0$44,897,257
91$112,853,829$2,594,393$0$49,303,600
92$124,186,475$2,543,073$0$54,156,121
93$136,669,429$2,483,617$0$59,500,333
94$150,419,847$2,415,451$0$65,386,400
95$165,566,826$2,337,963$0$71,869,605
96$182,252,628$2,250,509$0$79,010,878
97$200,634,019$2,152,406$0$86,877,371
98$220,883,747$2,042,933$0$95,543,091
99$243,192,178$1,921,325$0$105,089,604
100$267,769,084$1,786,774$0$115,606,800