Can I retire at age 43 with 1,490,000?

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 $1,490,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$123,043$121,947$120,878$119,834$118,815$114,919
2 years$60,912$59,778$58,678$57,612$56,578$52,691
3 years$40,205$39,065$37,969$36,913$35,896$32,138
4 years$29,853$28,717$27,632$26,594$25,601$22,003
5 years$23,644$22,515$21,443$20,426$19,462$16,032
6 years$19,505$18,385$17,329$16,335$15,399$12,140
7 years$16,551$15,440$14,401$13,430$12,524$9,436
8 years$14,336$13,235$12,213$11,266$10,390$7,470
9 years$12,614$11,523$10,519$9,596$8,750$5,995
10 years$11,237$10,157$9,171$8,272$7,455$4,862
11 years$10,111$9,042$8,074$7,199$6,412$3,974
12 years$9,174$8,116$7,165$6,315$5,556$3,269
13 years$8,381$7,334$6,402$5,575$4,845$2,703
14 years$7,703$6,667$5,752$4,949$4,247$2,244
15 years$7,115$6,090$5,193$4,413$3,740$1,869
16 years$6,601$5,588$4,708$3,952$3,305$1,561
17 years$6,148$5,146$4,284$3,551$2,930$1,307
18 years$5,746$4,755$3,911$3,200$2,606$1,096
19 years$5,387$4,407$3,580$2,891$2,322$921
20 years$5,064$4,095$3,286$2,619$2,074$774
21 years$4,772$3,815$3,022$2,377$1,856$652
22 years$4,507$3,561$2,786$2,161$1,664$549
23 years$4,266$3,330$2,572$1,968$1,494$463
24 years$4,045$3,120$2,379$1,795$1,343$391
25 years$3,841$2,928$2,203$1,639$1,208$330
26 years$3,654$2,752$2,043$1,499$1,088$279
27 years$3,481$2,590$1,897$1,372$981$236
28 years$3,321$2,441$1,764$1,257$885$199
29 years$3,172$2,302$1,641$1,153$799$168
30 years$3,033$2,174$1,529$1,058$722$142
31 years$2,903$2,055$1,425$972$653$120
32 years$2,782$1,945$1,330$893$591$102
33 years$2,668$1,842$1,242$821$535$86
34 years$2,562$1,746$1,160$755$484$73
35 years$2,461$1,656$1,085$695$438$62
36 years$2,366$1,572$1,015$640$397$52
37 years$2,277$1,493$950$590$360$44
38 years$2,193$1,418$889$544$326$37
39 years$2,113$1,349$833$502$296$32
40 years$2,037$1,283$781$463$268$27
41 years$1,965$1,222$732$427$244$23
42 years$1,897$1,163$687$394$221$19
43 years$1,832$1,108$645$364$201$16
44 years$1,770$1,057$605$336$182$14
45 years$1,711$1,008$568$310$165$12
46 years$1,655$961$534$286$150$10
47 years$1,602$917$501$265$136$8
48 years$1,551$876$471$244$124$7
49 years$1,502$836$443$226$112$6
50 years$1,455$799$416$209$102$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,490,000, adding $5,624 every year, while hoping to spend $28,825 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: 75/14/11 Blend
42$1,490,000$1,490,000$1,490,000$1,490,000
43$1,647,781$1,568,811$1,545,716$1,767,507
44$1,785,185$1,615,013$1,566,828$1,893,431
45$1,935,638$1,662,513$1,587,681$2,027,211
46$2,100,441$1,711,344$1,608,236$2,173,016
47$2,281,026$1,761,540$1,628,452$2,332,029
48$2,478,971$1,813,135$1,648,285$2,505,554
49$2,696,012$1,866,165$1,667,688$2,695,027
50$2,934,062$1,920,664$1,686,614$2,902,030
51$3,195,231$1,976,671$1,705,009$3,128,303
52$3,481,838$2,034,222$1,722,821$3,375,765
53$3,796,441$2,093,354$1,739,991$3,646,529
54$4,141,857$2,154,107$1,756,459$3,942,920
55$4,521,187$2,216,519$1,772,161$4,267,503
56$4,937,851$2,280,631$1,787,031$4,623,099
57$5,395,612$2,346,482$1,800,997$5,012,819
58$5,898,619$2,414,115$1,813,985$5,440,090
59$6,451,441$2,483,570$1,825,917$5,908,684
60$7,059,113$2,554,890$1,836,710$6,422,760
61$7,727,181$2,628,117$1,846,278$6,986,898
62$8,461,755$2,703,296$1,854,530$7,606,144
63$9,269,567$2,780,471$1,861,370$8,286,059
64$10,158,034$2,859,685$1,866,697$9,032,768
65$11,135,329$2,940,985$1,870,406$9,853,020
66$12,210,454$3,024,415$1,872,387$10,754,250
67$13,393,331$3,110,022$1,872,523$11,744,652
68$14,694,890$3,197,853$1,870,691$12,833,252
69$16,127,174$3,287,953$1,866,765$14,029,998
70$17,703,454$3,380,370$1,860,609$15,345,848
71$19,438,350$3,475,152$1,852,083$16,792,879
72$21,347,974$3,572,347$1,841,040$18,384,396
73$23,450,077$3,672,001$1,827,325$20,135,060
74$25,764,219$3,774,164$1,810,775$22,061,028
75$28,311,955$3,878,884$1,791,221$24,180,101
76$31,117,033$3,986,207$1,768,486$26,511,895
77$34,205,623$4,096,184$1,742,382$29,078,025
78$37,606,560$4,208,861$1,712,716$31,902,308
79$41,351,620$4,324,285$1,679,282$35,010,992
80$45,475,815$4,442,505$1,641,868$38,432,997
81$50,017,728$4,563,568$1,600,250$42,200,192
82$55,019,872$4,687,518$1,554,195$46,347,697
83$60,529,095$4,814,403$1,503,457$50,914,209
84$66,597,021$4,944,267$1,447,781$55,942,374
85$73,280,535$5,077,154$1,386,899$61,479,184
86$80,642,322$5,213,107$1,320,533$67,576,422
87$88,751,457$5,352,168$1,248,389$74,291,152
88$97,684,058$5,494,376$1,170,162$81,686,257
89$107,524,003$5,639,771$1,085,533$89,831,033
90$118,363,721$5,788,390$994,169$98,801,839
91$130,305,067$5,940,268$895,720$108,682,824
92$143,460,280$6,095,438$789,823$119,566,718
93$157,953,044$6,253,929$676,098$131,555,708
94$173,919,655$6,415,772$554,147$144,762,400
95$191,510,304$6,580,989$423,555$159,310,886
96$210,890,501$6,749,604$283,891$175,337,913
97$232,242,633$6,921,634$134,701$192,994,175
98$255,767,682$7,097,095$0$212,445,734
99$281,687,130$7,275,997$0$233,878,468
100$310,245,043$7,458,347$0$257,508,220