Can I retire at age 43 with 1,480,000?

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 $1,480,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.9%
1 years$122,217$121,128$120,066$119,030$118,017$114,239
2 years$60,503$59,377$58,285$57,226$56,199$52,427
3 years$39,935$38,803$37,714$36,665$35,655$32,008
4 years$29,653$28,525$27,446$26,415$25,429$21,936
5 years$23,485$22,364$21,299$20,289$19,331$16,000
6 years$19,375$18,262$17,213$16,226$15,296$12,130
7 years$16,440$15,336$14,304$13,340$12,440$9,438
8 years$14,239$13,146$12,131$11,191$10,320$7,481
9 years$12,529$11,446$10,448$9,532$8,691$6,011
10 years$11,162$10,089$9,109$8,217$7,405$4,881
11 years$10,044$8,982$8,020$7,151$6,369$3,995
12 years$9,112$8,061$7,117$6,272$5,519$3,291
13 years$8,325$7,285$6,359$5,537$4,813$2,725
14 years$7,651$6,622$5,713$4,916$4,219$2,265
15 years$7,067$6,049$5,158$4,384$3,714$1,889
16 years$6,557$5,550$4,677$3,925$3,283$1,580
17 years$6,107$5,111$4,256$3,527$2,911$1,325
18 years$5,708$4,723$3,885$3,178$2,588$1,113
19 years$5,351$4,377$3,556$2,872$2,307$936
20 years$5,030$4,068$3,264$2,601$2,061$789
21 years$4,740$3,789$3,002$2,361$1,844$665
22 years$4,477$3,537$2,767$2,146$1,653$561
23 years$4,237$3,308$2,555$1,955$1,484$474
24 years$4,017$3,099$2,363$1,783$1,334$401
25 years$3,816$2,909$2,188$1,628$1,200$339
26 years$3,630$2,734$2,030$1,489$1,081$287
27 years$3,458$2,573$1,885$1,363$975$243
28 years$3,299$2,424$1,752$1,248$879$205
29 years$3,151$2,287$1,630$1,145$794$174
30 years$3,013$2,160$1,519$1,051$717$147
31 years$2,884$2,042$1,416$965$649$125
32 years$2,763$1,932$1,321$887$587$106
33 years$2,650$1,829$1,233$816$531$90
34 years$2,544$1,734$1,152$750$481$76
35 years$2,445$1,645$1,077$691$435$64
36 years$2,351$1,561$1,008$636$395$55
37 years$2,262$1,483$943$586$358$46
38 years$2,178$1,409$883$540$324$39
39 years$2,099$1,340$828$498$294$33
40 years$2,023$1,275$776$459$267$28
41 years$1,952$1,213$727$424$242$24
42 years$1,884$1,156$682$391$220$20
43 years$1,820$1,101$640$361$199$17
44 years$1,758$1,050$601$333$181$15
45 years$1,700$1,001$564$308$164$12
46 years$1,644$955$530$284$149$11
47 years$1,591$911$498$263$135$9
48 years$1,540$870$468$243$123$8
49 years$1,492$831$440$224$112$6
50 years$1,445$793$414$207$101$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,480,000, adding $5,217 every year, while hoping to spend $39,425 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: 77/9/14 Blend
42$1,480,000$1,480,000$1,480,000$1,480,000
43$1,636,341$1,557,901$1,534,961$1,757,204
44$1,761,300$1,592,291$1,544,435$1,872,002
45$1,897,684$1,627,044$1,552,904$1,992,351
46$2,046,615$1,662,136$1,560,294$2,123,228
47$2,209,332$1,697,543$1,566,526$2,265,667
48$2,387,195$1,733,234$1,571,516$2,420,810
49$2,581,705$1,769,179$1,575,178$2,589,913
50$2,794,512$1,805,341$1,577,419$2,774,362
51$3,027,433$1,841,684$1,578,143$2,975,681
52$3,282,470$1,878,166$1,577,251$3,195,549
53$3,561,828$1,914,742$1,574,634$3,435,818
54$3,867,934$1,951,363$1,570,184$3,698,528
55$4,203,461$1,987,978$1,563,782$3,985,924
56$4,571,352$2,024,527$1,555,308$4,300,482
57$4,974,852$2,060,951$1,544,632$4,644,930
58$5,417,531$2,097,181$1,531,621$5,022,272
59$5,903,323$2,133,147$1,516,135$5,435,820
60$6,436,562$2,168,772$1,498,026$5,889,222
61$7,022,022$2,203,972$1,477,140$6,386,499
62$7,664,959$2,238,657$1,453,315$6,932,081
63$8,371,167$2,272,733$1,426,383$7,530,849
64$9,147,026$2,306,097$1,396,167$8,188,183
65$9,999,565$2,338,639$1,362,481$8,910,011
66$10,936,530$2,370,241$1,325,133$9,702,864
67$11,966,450$2,400,777$1,283,919$10,573,942
68$13,098,726$2,430,113$1,238,628$11,531,176
69$14,343,712$2,458,105$1,189,038$12,583,308
70$15,712,818$2,484,599$1,134,918$13,739,971
71$17,218,613$2,509,432$1,076,026$15,011,781
72$18,874,946$2,532,429$1,012,107$16,410,436
73$20,697,076$2,553,404$942,899$17,948,829
74$22,701,816$2,572,158$868,124$19,641,167
75$24,907,689$2,588,482$787,494$21,503,106
76$27,335,104$2,602,149$700,706$23,551,902
77$30,006,552$2,612,921$607,446$25,806,567
78$32,946,809$2,620,543$507,385$28,288,058
79$36,183,181$2,624,747$400,179$31,019,466
80$39,745,749$2,625,244$285,470$34,026,240
81$43,667,664$2,621,729$162,882$37,336,426
82$47,985,452$2,613,880$32,024$40,980,932
83$52,739,360$2,601,352$0$44,993,817
84$57,973,738$2,583,781$0$49,428,696
85$63,737,453$2,560,780$0$54,317,007
86$70,084,355$2,531,940$0$59,699,615
87$77,073,779$2,496,825$0$65,626,829
88$84,771,111$2,454,976$0$72,154,086
89$93,248,399$2,405,904$0$79,342,475
90$102,585,035$2,349,093$0$87,259,316
91$112,868,504$2,283,994$0$95,978,792
92$124,195,211$2,210,030$0$105,582,649
93$136,671,387$2,126,586$0$116,160,972
94$150,414,094$2,033,013$0$127,813,029
95$165,552,326$1,928,626$0$140,648,214
96$182,228,232$1,812,697$0$154,787,076
97$200,598,452$1,684,460$0$170,362,457
98$220,835,597$1,543,101$0$187,520,748
99$243,129,878$1,387,763$0$206,423,270
100$267,690,901$1,217,538$0$227,247,794