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%13.5%
1 years$120,565$119,492$118,444$117,421$116,422$114,730
2 years$59,686$58,574$57,497$56,452$55,439$53,738
3 years$39,395$38,279$37,204$36,170$35,173$33,515
4 years$29,252$28,139$27,075$26,058$25,086$23,484
5 years$23,168$22,061$21,011$20,015$19,070$17,530
6 years$19,113$18,015$16,980$16,006$15,089$13,612
7 years$16,217$15,129$14,111$13,160$12,272$10,858
8 years$14,047$12,968$11,967$11,039$10,180$8,830
9 years$12,360$11,291$10,307$9,403$8,573$7,286
10 years$11,011$9,953$8,986$8,106$7,305$6,079
11 years$9,908$8,860$7,911$7,054$6,283$5,117
12 years$8,989$7,952$7,021$6,188$5,444$4,338
13 years$8,213$7,187$6,273$5,463$4,748$3,699
14 years$7,548$6,532$5,636$4,849$4,162$3,169
15 years$6,972$5,968$5,089$4,325$3,664$2,726
16 years$6,468$5,475$4,614$3,872$3,238$2,352
17 years$6,025$5,042$4,198$3,479$2,871$2,036
18 years$5,631$4,659$3,832$3,135$2,553$1,766
19 years$5,279$4,318$3,508$2,833$2,276$1,535
20 years$4,962$4,013$3,220$2,566$2,033$1,337
21 years$4,676$3,738$2,962$2,329$1,819$1,166
22 years$4,416$3,489$2,730$2,117$1,631$1,018
23 years$4,180$3,263$2,520$1,928$1,464$890
24 years$3,963$3,057$2,331$1,759$1,316$779
25 years$3,764$2,869$2,159$1,606$1,184$682
26 years$3,581$2,697$2,002$1,469$1,066$598
27 years$3,411$2,538$1,859$1,344$961$524
28 years$3,254$2,391$1,728$1,232$867$460
29 years$3,108$2,256$1,608$1,129$783$404
30 years$2,972$2,131$1,498$1,037$708$355
31 years$2,845$2,014$1,397$952$640$312
32 years$2,726$1,906$1,303$875$579$274
33 years$2,615$1,805$1,217$805$524$241
34 years$2,510$1,710$1,137$740$474$212
35 years$2,412$1,622$1,063$681$430$186
36 years$2,319$1,540$994$628$389$164
37 years$2,231$1,463$931$578$353$144
38 years$2,149$1,390$872$533$320$127
39 years$2,070$1,322$817$491$290$112
40 years$1,996$1,257$765$453$263$98
41 years$1,926$1,197$718$418$239$87
42 years$1,859$1,140$673$386$217$76
43 years$1,795$1,086$632$356$197$67
44 years$1,735$1,035$593$329$178$59
45 years$1,677$987$557$304$162$52
46 years$1,622$942$523$281$147$46
47 years$1,570$899$491$259$134$40
48 years$1,519$858$462$240$121$36
49 years$1,471$819$434$221$110$31
50 years$1,425$783$408$205$100$28

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 $2,960 every year, while hoping to spend $30,021 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: 55/32/13 Blend
42$1,460,000$1,460,000$1,460,000$1,460,000
43$1,611,973$1,534,593$1,511,963$1,695,057
44$1,744,452$1,577,846$1,530,672$1,795,049
45$1,889,438$1,622,212$1,549,001$1,900,357
46$2,048,175$1,667,715$1,566,906$2,014,326
47$2,222,032$1,714,376$1,584,341$2,137,788
48$2,412,518$1,762,219$1,601,256$2,271,659
49$2,621,295$1,811,268$1,617,598$2,416,945
50$2,850,192$1,861,545$1,633,312$2,574,758
51$3,101,225$1,913,074$1,648,341$2,746,317
52$3,376,612$1,965,877$1,662,623$2,932,969
53$3,678,800$2,019,979$1,676,094$3,136,194
54$4,010,481$2,075,401$1,688,687$3,357,623
55$4,374,621$2,132,167$1,700,329$3,599,052
56$4,774,488$2,190,299$1,710,946$3,862,459
57$5,213,682$2,249,819$1,720,459$4,150,024
58$5,696,168$2,310,751$1,728,784$4,464,145
59$6,226,314$2,373,114$1,735,836$4,807,467
60$6,808,933$2,436,932$1,741,521$5,182,900
61$7,449,326$2,502,224$1,745,744$5,593,653
62$8,153,335$2,569,010$1,748,404$6,043,259
63$8,927,394$2,637,311$1,749,394$6,535,610
64$9,778,594$2,707,144$1,748,604$7,074,996
65$10,714,745$2,778,528$1,745,917$7,666,140
66$11,744,453$2,851,481$1,741,209$8,314,250
67$12,877,201$2,926,017$1,734,354$9,025,059
68$14,123,436$3,002,152$1,725,215$9,804,888
69$15,494,669$3,079,900$1,713,652$10,660,698
70$17,003,583$3,159,273$1,699,517$11,600,162
71$18,664,152$3,240,281$1,682,655$12,631,732
72$20,491,775$3,322,934$1,662,903$13,764,722
73$22,503,417$3,407,240$1,640,092$15,009,396
74$24,717,774$3,493,203$1,614,043$16,377,062
75$27,155,444$3,580,827$1,584,571$17,880,182
76$29,839,125$3,670,113$1,551,479$19,532,487
77$32,793,827$3,761,059$1,514,565$21,349,108
78$36,047,108$3,853,662$1,473,614$23,346,718
79$39,629,336$3,947,914$1,428,403$25,543,690
80$43,573,972$4,043,805$1,378,698$27,960,271
81$47,917,887$4,141,322$1,324,254$30,618,772
82$52,701,713$4,240,448$1,264,818$33,543,779
83$57,970,218$4,341,161$1,200,120$36,762,384
84$63,772,739$4,443,436$1,129,882$40,304,443
85$70,163,638$4,547,244$1,053,813$44,202,858
86$77,202,820$4,652,550$971,607$48,493,884
87$84,956,297$4,759,314$882,945$53,217,474
88$93,496,810$4,867,492$787,495$58,417,659
89$102,904,518$4,977,032$684,909$64,142,958
90$113,267,749$5,087,877$574,824$70,446,840
91$124,683,839$5,199,963$456,860$77,388,227
92$137,260,048$5,313,218$330,622$85,032,054
93$151,114,572$5,427,565$195,697$93,449,876
94$166,377,658$5,542,916$51,653$102,720,550
95$183,192,836$5,659,174$0$112,930,978
96$201,718,268$5,776,237$0$124,191,080
97$222,128,246$5,893,987$0$136,600,801
98$244,614,836$6,012,301$0$150,269,335
99$269,389,687$6,131,042$0$165,324,919
100$296,686,034$6,250,062$0$181,908,865