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%13.5%
1 years$121,391$120,310$119,255$118,225$117,220$115,516
2 years$60,095$58,975$57,891$56,839$55,819$54,106
3 years$39,665$38,541$37,459$36,417$35,414$33,745
4 years$29,452$28,332$27,261$26,237$25,257$23,645
5 years$23,326$22,212$21,155$20,152$19,200$17,650
6 years$19,244$18,138$17,097$16,116$15,193$13,705
7 years$16,329$15,232$14,207$13,250$12,356$10,932
8 years$14,143$13,057$12,049$11,115$10,250$8,891
9 years$12,444$11,368$10,378$9,467$8,632$7,336
10 years$11,086$10,021$9,048$8,161$7,355$6,121
11 years$9,976$8,921$7,965$7,103$6,326$5,152
12 years$9,051$8,007$7,069$6,230$5,482$4,368
13 years$8,269$7,236$6,316$5,500$4,780$3,724
14 years$7,599$6,577$5,675$4,882$4,190$3,191
15 years$7,020$6,008$5,124$4,354$3,689$2,744
16 years$6,513$5,513$4,645$3,899$3,261$2,368
17 years$6,066$5,077$4,227$3,503$2,891$2,050
18 years$5,669$4,691$3,859$3,157$2,571$1,778
19 years$5,315$4,348$3,532$2,852$2,291$1,546
20 years$4,996$4,040$3,242$2,583$2,047$1,346
21 years$4,708$3,763$2,982$2,345$1,831$1,174
22 years$4,447$3,513$2,748$2,132$1,642$1,025
23 years$4,208$3,286$2,538$1,942$1,474$896
24 years$3,990$3,078$2,347$1,771$1,325$784
25 years$3,790$2,889$2,174$1,617$1,192$687
26 years$3,605$2,715$2,016$1,479$1,074$602
27 years$3,435$2,555$1,872$1,353$968$528
28 years$3,276$2,408$1,740$1,240$873$463
29 years$3,129$2,271$1,619$1,137$789$407
30 years$2,992$2,145$1,508$1,044$713$357
31 years$2,864$2,028$1,406$958$644$314
32 years$2,745$1,919$1,312$881$583$276
33 years$2,633$1,817$1,225$810$527$243
34 years$2,527$1,722$1,145$745$478$213
35 years$2,428$1,633$1,070$686$433$188
36 years$2,335$1,550$1,001$632$392$165
37 years$2,247$1,473$937$582$355$145
38 years$2,163$1,399$877$537$322$128
39 years$2,084$1,331$822$495$292$113
40 years$2,010$1,266$771$456$265$99
41 years$1,939$1,205$723$421$240$87
42 years$1,872$1,148$678$389$218$77
43 years$1,808$1,094$636$359$198$68
44 years$1,747$1,042$597$331$180$60
45 years$1,689$994$561$306$163$52
46 years$1,633$948$526$283$148$46
47 years$1,580$905$495$261$134$41
48 years$1,530$864$465$241$122$36
49 years$1,481$825$437$223$111$32
50 years$1,435$788$411$206$101$28

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 $4,386 every year, while hoping to spend $29,078 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: 29/49/22 Blend
42$1,470,000$1,470,000$1,470,000$1,470,000
43$1,624,464$1,546,554$1,523,769$1,660,274
44$1,759,221$1,591,397$1,543,877$1,733,123
45$1,906,748$1,637,462$1,563,683$1,808,510
46$2,068,318$1,684,779$1,583,148$1,888,953
47$2,245,330$1,733,377$1,602,228$1,974,904
48$2,439,329$1,783,288$1,620,877$2,066,862
49$2,652,012$1,834,540$1,639,048$2,165,375
50$2,885,251$1,887,166$1,656,690$2,271,044
51$3,141,106$1,941,197$1,673,749$2,384,533
52$3,421,848$1,996,664$1,690,168$2,506,570
53$3,729,976$2,053,601$1,705,888$2,637,958
54$4,068,245$2,112,039$1,720,847$2,779,579
55$4,439,688$2,172,011$1,734,978$2,932,406
56$4,847,648$2,233,551$1,748,211$3,097,506
57$5,295,806$2,296,693$1,760,474$3,276,058
58$5,788,217$2,361,470$1,771,689$3,469,358
59$6,329,350$2,427,916$1,781,775$3,678,832
60$6,924,126$2,496,067$1,790,648$3,906,053
61$7,577,969$2,565,956$1,798,216$4,152,751
62$8,296,853$2,637,619$1,804,387$4,420,831
63$9,087,360$2,711,090$1,809,062$4,712,392
64$9,956,741$2,786,405$1,812,137$5,029,748
65$10,912,988$2,863,597$1,813,502$5,375,444
66$11,964,902$2,942,703$1,813,044$5,752,285
67$13,122,183$3,023,757$1,810,642$6,163,363
68$14,395,519$3,106,793$1,806,171$6,612,082
69$15,796,682$3,191,847$1,799,499$7,102,192
70$17,338,649$3,278,952$1,790,487$7,637,827
71$19,035,713$3,368,143$1,778,990$8,223,539
72$20,903,626$3,459,453$1,764,857$8,864,344
73$22,959,744$3,552,914$1,747,927$9,565,771
74$25,223,190$3,648,559$1,728,035$10,333,908
75$27,715,037$3,746,419$1,705,006$11,175,469
76$30,458,503$3,846,526$1,678,656$12,097,846
77$33,479,173$3,948,909$1,648,794$13,109,188
78$36,805,240$4,053,597$1,615,219$14,218,474
79$40,467,768$4,160,617$1,577,723$15,435,599
80$44,500,988$4,269,995$1,536,084$16,771,466
81$48,942,621$4,381,756$1,490,075$18,238,089
82$53,834,229$4,495,923$1,439,453$19,848,710
83$59,221,615$4,612,518$1,383,969$21,617,919
84$65,155,247$4,731,558$1,323,359$23,561,795
85$71,690,740$4,853,063$1,257,350$25,698,059
86$78,889,378$4,977,045$1,185,653$28,046,238
87$86,818,691$5,103,517$1,107,969$30,627,852
88$95,553,096$5,232,487$1,023,985$33,466,615
89$105,174,596$5,363,963$933,372$36,588,664
90$115,773,553$5,497,947$835,789$40,022,800
91$127,449,546$5,634,436$730,878$43,800,764
92$140,312,303$5,773,427$618,266$47,957,538
93$154,482,743$5,914,910$497,563$52,531,670
94$170,094,114$6,058,871$368,362$57,565,644
95$187,293,249$6,205,291$230,238$63,106,280
96$206,241,956$6,354,147$82,747$69,205,175
97$227,118,543$6,505,407$0$75,919,191
98$250,119,498$6,659,036$0$83,328,520
99$275,461,349$6,814,991$0$91,506,565
100$303,382,703$6,973,222$0$100,510,111