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

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 $1,470,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$121,391$120,310$119,255$118,225$117,220$113,695
2 years$60,095$58,975$57,891$56,839$55,819$52,298
3 years$39,665$38,541$37,459$36,417$35,414$32,006
4 years$29,452$28,332$27,261$26,237$25,257$21,990
5 years$23,326$22,212$21,155$20,152$19,200$16,081
6 years$19,244$18,138$17,097$16,116$15,193$12,225
7 years$16,329$15,232$14,207$13,250$12,356$9,539
8 years$14,143$13,057$12,049$11,115$10,250$7,584
9 years$12,444$11,368$10,378$9,467$8,632$6,112
10 years$11,086$10,021$9,048$8,161$7,355$4,978
11 years$9,976$8,921$7,965$7,103$6,326$4,088
12 years$9,051$8,007$7,069$6,230$5,482$3,379
13 years$8,269$7,236$6,316$5,500$4,780$2,807
14 years$7,599$6,577$5,675$4,882$4,190$2,342
15 years$7,020$6,008$5,124$4,354$3,689$1,960
16 years$6,513$5,513$4,645$3,899$3,261$1,646
17 years$6,066$5,077$4,227$3,503$2,891$1,385
18 years$5,669$4,691$3,859$3,157$2,571$1,167
19 years$5,315$4,348$3,532$2,852$2,291$986
20 years$4,996$4,040$3,242$2,583$2,047$833
21 years$4,708$3,763$2,982$2,345$1,831$705
22 years$4,447$3,513$2,748$2,132$1,642$598
23 years$4,208$3,286$2,538$1,942$1,474$507
24 years$3,990$3,078$2,347$1,771$1,325$430
25 years$3,790$2,889$2,174$1,617$1,192$365
26 years$3,605$2,715$2,016$1,479$1,074$310
27 years$3,435$2,555$1,872$1,353$968$264
28 years$3,276$2,408$1,740$1,240$873$224
29 years$3,129$2,271$1,619$1,137$789$191
30 years$2,992$2,145$1,508$1,044$713$162
31 years$2,864$2,028$1,406$958$644$138
32 years$2,745$1,919$1,312$881$583$117
33 years$2,633$1,817$1,225$810$527$100
34 years$2,527$1,722$1,145$745$478$85
35 years$2,428$1,633$1,070$686$433$72
36 years$2,335$1,550$1,001$632$392$62
37 years$2,247$1,473$937$582$355$52
38 years$2,163$1,399$877$537$322$45
39 years$2,084$1,331$822$495$292$38
40 years$2,010$1,266$771$456$265$32
41 years$1,939$1,205$723$421$240$28
42 years$1,872$1,148$678$389$218$23
43 years$1,808$1,094$636$359$198$20
44 years$1,747$1,042$597$331$180$17
45 years$1,689$994$561$306$163$15
46 years$1,633$948$526$283$148$12
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 $3,047 every year, while hoping to spend $22,453 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: 65/17/18 Blend
42$1,470,000$1,470,000$1,470,000$1,470,000
43$1,623,083$1,545,173$1,522,388$1,721,121
44$1,764,748$1,596,997$1,549,498$1,839,061
45$1,920,110$1,650,607$1,576,764$1,965,040
46$2,090,542$1,706,068$1,604,167$2,102,172
47$2,277,558$1,763,446$1,631,687$2,251,548
48$2,482,824$1,822,810$1,659,304$2,414,370
49$2,708,175$1,884,231$1,686,993$2,591,962
50$2,955,633$1,947,782$1,714,732$2,785,780
51$3,227,425$2,013,541$1,742,493$2,997,430
52$3,526,005$2,081,587$1,770,249$3,228,676
53$3,854,076$2,152,003$1,797,971$3,481,465
54$4,214,615$2,224,875$1,825,626$3,757,940
55$4,610,903$2,300,291$1,853,182$4,060,459
56$5,046,554$2,378,344$1,880,602$4,391,621
57$5,525,550$2,459,130$1,907,850$4,754,289
58$6,052,276$2,542,748$1,934,883$5,151,615
59$6,631,568$2,629,302$1,961,661$5,587,071
60$7,268,748$2,718,899$1,988,137$6,064,484
61$7,969,685$2,811,649$2,014,265$6,588,065
62$8,740,843$2,907,670$2,039,992$7,162,458
63$9,589,344$3,007,080$2,065,267$7,792,775
64$10,523,035$3,110,005$2,090,031$8,484,649
65$11,550,563$3,216,574$2,114,226$9,244,285
66$12,681,456$3,326,922$2,137,788$10,078,522
67$13,926,211$3,441,188$2,160,650$10,994,890
68$15,296,395$3,559,517$2,182,743$12,001,689
69$16,804,754$3,682,060$2,203,992$13,108,060
70$18,465,332$3,808,973$2,224,318$14,324,077
71$20,293,603$3,940,420$2,243,640$15,660,839
72$22,306,619$4,076,569$2,261,870$17,130,574
73$24,523,170$4,217,597$2,278,918$18,746,755
74$26,963,959$4,363,684$2,294,688$20,524,226
75$29,651,800$4,515,022$2,309,077$22,479,346
76$32,611,833$4,671,808$2,321,980$24,630,136
77$35,871,759$4,834,245$2,333,286$26,996,455
78$39,462,103$5,002,548$2,342,876$29,600,185
79$43,416,502$5,176,938$2,350,627$32,465,436
80$47,772,022$5,357,644$2,356,409$35,618,776
81$52,569,506$5,544,907$2,360,087$39,089,478
82$57,853,964$5,738,975$2,361,518$42,909,800
83$63,674,990$5,940,107$2,360,551$47,115,287
84$70,087,238$6,148,572$2,357,029$51,745,104
85$77,150,934$6,364,649$2,350,787$56,842,412
86$84,932,444$6,588,631$2,341,652$62,454,766
87$93,504,898$6,820,819$2,329,443$68,634,574
88$102,948,888$7,061,529$2,313,969$75,439,581
89$113,353,218$7,311,088$2,295,031$82,933,421
90$124,815,753$7,569,838$2,272,420$91,186,216
91$137,444,331$7,838,131$2,245,918$100,275,235
92$151,357,792$8,116,339$2,215,296$110,285,623
93$166,687,091$8,404,844$2,180,312$121,311,210
94$183,576,539$8,704,046$2,140,718$133,455,390
95$202,185,163$9,014,361$2,096,248$146,832,099
96$222,688,206$9,336,222$2,046,630$161,566,892
97$245,278,785$9,670,078$1,991,574$177,798,122
98$270,169,709$10,016,400$1,930,779$195,678,255
99$297,595,491$10,375,675$1,863,932$215,375,300
100$327,814,559$10,748,411$1,790,701$237,074,400