Can I retire at age 43 with 1,470,000?

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 $1,470,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$121,391$120,310$119,255$118,225$117,220$113,741
2 years$60,095$58,975$57,891$56,839$55,819$52,343
3 years$39,665$38,541$37,459$36,417$35,414$32,049
4 years$29,452$28,332$27,261$26,237$25,257$22,030
5 years$23,326$22,212$21,155$20,152$19,200$16,120
6 years$19,244$18,138$17,097$16,116$15,193$12,261
7 years$16,329$15,232$14,207$13,250$12,356$9,573
8 years$14,143$13,057$12,049$11,115$10,250$7,615
9 years$12,444$11,368$10,378$9,467$8,632$6,141
10 years$11,086$10,021$9,048$8,161$7,355$5,005
11 years$9,976$8,921$7,965$7,103$6,326$4,113
12 years$9,051$8,007$7,069$6,230$5,482$3,401
13 years$8,269$7,236$6,316$5,500$4,780$2,827
14 years$7,599$6,577$5,675$4,882$4,190$2,360
15 years$7,020$6,008$5,124$4,354$3,689$1,977
16 years$6,513$5,513$4,645$3,899$3,261$1,661
17 years$6,066$5,077$4,227$3,503$2,891$1,399
18 years$5,669$4,691$3,859$3,157$2,571$1,180
19 years$5,315$4,348$3,532$2,852$2,291$997
20 years$4,996$4,040$3,242$2,583$2,047$844
21 years$4,708$3,763$2,982$2,345$1,831$715
22 years$4,447$3,513$2,748$2,132$1,642$606
23 years$4,208$3,286$2,538$1,942$1,474$514
24 years$3,990$3,078$2,347$1,771$1,325$437
25 years$3,790$2,889$2,174$1,617$1,192$371
26 years$3,605$2,715$2,016$1,479$1,074$316
27 years$3,435$2,555$1,872$1,353$968$268
28 years$3,276$2,408$1,740$1,240$873$228
29 years$3,129$2,271$1,619$1,137$789$194
30 years$2,992$2,145$1,508$1,044$713$165
31 years$2,864$2,028$1,406$958$644$141
32 years$2,745$1,919$1,312$881$583$120
33 years$2,633$1,817$1,225$810$527$102
34 years$2,527$1,722$1,145$745$478$87
35 years$2,428$1,633$1,070$686$433$74
36 years$2,335$1,550$1,001$632$392$63
37 years$2,247$1,473$937$582$355$54
38 years$2,163$1,399$877$537$322$46
39 years$2,084$1,331$822$495$292$39
40 years$2,010$1,266$771$456$265$33
41 years$1,939$1,205$723$421$240$28
42 years$1,872$1,148$678$389$218$24
43 years$1,808$1,094$636$359$198$21
44 years$1,747$1,042$597$331$180$18
45 years$1,689$994$561$306$163$15
46 years$1,633$948$526$283$148$13
47 years$1,580$905$495$261$134$11
48 years$1,530$864$465$241$122$9
49 years$1,481$825$437$223$111$8
50 years$1,435$788$411$206$101$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,470,000, adding $2,869 every year, while hoping to spend $45,830 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: 41/50/9 Blend
42$1,470,000$1,470,000$1,470,000$1,470,000
43$1,622,899$1,544,989$1,522,204$1,684,988
44$1,739,672$1,571,931$1,524,435$1,755,673
45$1,866,820$1,598,657$1,525,205$1,827,317
46$2,005,353$1,625,108$1,524,416$1,903,818
47$2,156,381$1,651,221$1,521,967$1,985,638
48$2,321,129$1,676,927$1,517,749$2,073,282
49$2,500,941$1,702,154$1,511,652$2,167,310
50$2,697,302$1,726,824$1,503,556$2,268,340
51$2,911,840$1,750,852$1,493,339$2,377,053
52$3,146,353$1,774,149$1,480,872$2,494,203
53$3,402,818$1,796,620$1,466,018$2,620,620
54$3,683,412$1,818,160$1,448,635$2,757,219
55$3,990,532$1,838,662$1,428,577$2,905,015
56$4,326,817$1,858,008$1,405,685$3,065,123
57$4,695,175$1,876,073$1,379,798$3,238,776
58$5,098,807$1,892,724$1,350,745$3,427,335
59$5,541,238$1,907,820$1,318,348$3,632,303
60$6,026,351$1,921,210$1,282,419$3,855,338
61$6,558,422$1,932,733$1,242,764$4,098,269
62$7,142,163$1,942,218$1,199,178$4,363,116
63$7,782,760$1,949,484$1,151,447$4,652,108
64$8,485,930$1,954,337$1,099,349$4,967,705
65$9,257,967$1,956,571$1,042,649$5,312,623
66$10,105,805$1,955,969$981,103$5,689,857
67$11,037,084$1,952,298$914,457$6,102,714
68$12,060,219$1,945,313$842,444$6,554,842
69$13,184,480$1,934,752$764,784$7,050,267
70$14,420,080$1,920,338$681,188$7,593,431
71$15,778,271$1,901,778$591,351$8,189,237
72$17,271,450$1,878,760$494,956$8,843,091
73$18,913,271$1,850,953$391,671$9,560,961
74$20,718,783$1,818,008$281,150$10,349,430
75$22,704,563$1,779,553$163,032$11,215,758
76$24,888,874$1,735,198$36,939$12,167,960
77$27,291,842$1,684,525$0$13,214,871
78$29,935,637$1,627,094$0$14,375,616
79$32,844,691$1,562,440$0$15,655,969
80$36,045,920$1,490,070$0$17,064,282
81$39,568,983$1,409,463$0$18,613,683
82$43,446,559$1,320,067$0$20,318,647
83$47,714,657$1,221,299$0$22,195,137
84$52,412,952$1,112,542$0$24,260,756
85$57,585,162$993,146$0$26,534,915
86$63,279,459$862,421$0$29,039,017
87$69,548,924$719,640$0$31,796,664
88$76,452,046$564,033$0$34,833,879
89$84,053,273$394,790$0$38,179,355
90$92,423,625$211,052$0$41,864,730
91$101,641,355$11,914$0$45,924,885
92$111,792,694$0$0$50,398,280
93$122,972,664$0$0$55,439,328
94$135,285,970$0$0$60,998,877
95$148,847,991$0$0$67,122,500
96$163,785,868$0$0$73,867,636
97$180,239,703$0$0$81,297,584
98$198,363,881$0$0$89,482,093
99$218,328,527$0$0$98,498,025
100$240,321,110$0$0$108,430,078