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

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 $1,480,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$122,217$121,128$120,066$119,030$118,017$113,290
2 years$60,503$59,377$58,285$57,226$56,199$51,495
3 years$39,935$38,803$37,714$36,665$35,655$31,124
4 years$29,653$28,525$27,446$26,415$25,429$21,105
5 years$23,485$22,364$21,299$20,289$19,331$15,224
6 years$19,375$18,262$17,213$16,226$15,296$11,409
7 years$16,440$15,336$14,304$13,340$12,440$8,771
8 years$14,239$13,146$12,131$11,191$10,320$6,866
9 years$12,529$11,446$10,448$9,532$8,691$5,447
10 years$11,162$10,089$9,109$8,217$7,405$4,364
11 years$10,044$8,982$8,020$7,151$6,369$3,524
12 years$9,112$8,061$7,117$6,272$5,519$2,862
13 years$8,325$7,285$6,359$5,537$4,813$2,336
14 years$7,651$6,622$5,713$4,916$4,219$1,914
15 years$7,067$6,049$5,158$4,384$3,714$1,573
16 years$6,557$5,550$4,677$3,925$3,283$1,296
17 years$6,107$5,111$4,256$3,527$2,911$1,069
18 years$5,708$4,723$3,885$3,178$2,588$884
19 years$5,351$4,377$3,556$2,872$2,307$732
20 years$5,030$4,068$3,264$2,601$2,061$607
21 years$4,740$3,789$3,002$2,361$1,844$503
22 years$4,477$3,537$2,767$2,146$1,653$418
23 years$4,237$3,308$2,555$1,955$1,484$347
24 years$4,017$3,099$2,363$1,783$1,334$289
25 years$3,816$2,909$2,188$1,628$1,200$240
26 years$3,630$2,734$2,030$1,489$1,081$200
27 years$3,458$2,573$1,885$1,363$975$166
28 years$3,299$2,424$1,752$1,248$879$138
29 years$3,151$2,287$1,630$1,145$794$115
30 years$3,013$2,160$1,519$1,051$717$96
31 years$2,884$2,042$1,416$965$649$80
32 years$2,763$1,932$1,321$887$587$66
33 years$2,650$1,829$1,233$816$531$55
34 years$2,544$1,734$1,152$750$481$46
35 years$2,445$1,645$1,077$691$435$38
36 years$2,351$1,561$1,008$636$395$32
37 years$2,262$1,483$943$586$358$27
38 years$2,178$1,409$883$540$324$22
39 years$2,099$1,340$828$498$294$19
40 years$2,023$1,275$776$459$267$15
41 years$1,952$1,213$727$424$242$13
42 years$1,884$1,156$682$391$220$11
43 years$1,820$1,101$640$361$199$9
44 years$1,758$1,050$601$333$181$7
45 years$1,700$1,001$564$308$164$6
46 years$1,644$955$530$284$149$5
47 years$1,591$911$498$263$135$4
48 years$1,540$870$468$243$123$4
49 years$1,492$831$440$224$112$3
50 years$1,445$793$414$207$101$2

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 $4,373 every year, while hoping to spend $22,417 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: 53/17/30 Blend
42$1,480,000$1,480,000$1,480,000$1,480,000
43$1,635,471$1,557,031$1,534,091$1,708,196
44$1,778,437$1,609,474$1,561,631$1,811,643
45$1,935,235$1,663,735$1,589,343$1,921,545
46$2,107,251$1,719,880$1,617,208$2,040,721
47$2,296,014$1,777,977$1,645,208$2,170,069
48$2,503,205$1,838,096$1,673,320$2,310,579
49$2,730,680$1,900,311$1,701,524$2,463,338
50$2,980,479$1,964,696$1,729,795$2,629,547
51$3,254,853$2,031,332$1,758,109$2,810,525
52$3,556,280$2,100,299$1,786,437$3,007,727
53$3,887,490$2,171,682$1,814,752$3,222,751
54$4,251,489$2,245,570$1,843,022$3,457,362
55$4,651,593$2,322,054$1,871,214$3,713,501
56$5,091,449$2,401,229$1,899,294$3,993,306
57$5,575,081$2,483,194$1,927,225$4,299,132
58$6,106,920$2,568,050$1,954,967$4,633,573
59$6,691,846$2,655,905$1,982,478$4,999,485
60$7,335,237$2,746,868$2,009,715$5,400,018
61$8,043,021$2,841,054$2,036,630$5,838,637
62$8,821,726$2,938,582$2,063,174$6,319,161
63$9,678,546$3,039,577$2,089,294$6,845,799
64$10,621,407$3,144,165$2,114,934$7,423,186
65$11,659,043$3,252,481$2,140,037$8,056,428
66$12,801,076$3,364,664$2,164,539$8,751,151
67$14,058,111$3,480,857$2,188,376$9,513,553
68$15,441,829$3,601,211$2,211,478$10,350,465
69$16,965,106$3,725,880$2,233,772$11,269,409
70$18,642,125$3,855,027$2,255,182$12,278,676
71$20,488,518$3,988,819$2,275,627$13,387,400
72$22,521,506$4,127,431$2,295,020$14,605,644
73$24,760,070$4,271,044$2,313,273$15,944,499
74$27,225,119$4,419,848$2,330,290$17,416,182
75$29,939,699$4,574,038$2,345,972$19,034,157
76$32,929,201$4,733,819$2,360,215$20,813,257
77$36,221,605$4,899,402$2,372,908$22,769,829
78$39,847,744$5,071,007$2,383,935$24,921,884
79$43,841,592$5,248,865$2,393,175$27,289,270
80$48,240,587$5,433,213$2,400,500$29,893,854
81$53,085,986$5,624,299$2,405,775$32,759,736
82$58,423,249$5,822,381$2,408,861$35,913,470
83$64,302,471$6,027,729$2,409,608$39,384,316
84$70,778,855$6,240,619$2,407,862$43,204,519
85$77,913,232$6,461,344$2,403,460$47,409,609
86$85,772,637$6,690,205$2,396,230$52,038,738
87$94,430,936$6,927,515$2,385,995$57,135,051
88$103,969,532$7,173,603$2,372,565$62,746,090
89$114,478,123$7,428,809$2,355,745$68,924,247
90$126,055,557$7,693,486$2,335,328$75,727,252
91$138,810,760$7,968,003$2,311,098$83,218,725
92$152,863,766$8,252,744$2,282,828$91,468,770
93$168,346,849$8,548,108$2,250,283$100,554,643
94$185,405,773$8,854,510$2,213,212$110,561,474
95$204,201,165$9,172,384$2,171,358$121,583,076
96$224,910,033$9,502,180$2,124,448$133,722,830
97$247,727,437$9,844,367$2,072,197$147,094,658
98$272,868,328$10,199,433$2,014,308$161,824,099
99$300,569,579$10,567,888$1,950,469$178,049,495
100$331,092,222$10,950,260$1,880,355$195,923,300