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%15.5%
1 years$123,043$121,947$120,878$119,834$118,815$116,131
2 years$60,912$59,778$58,678$57,612$56,578$53,889
3 years$40,205$39,065$37,969$36,913$35,896$33,285
4 years$29,853$28,717$27,632$26,594$25,601$23,089
5 years$23,644$22,515$21,443$20,426$19,462$17,054
6 years$19,505$18,385$17,329$16,335$15,399$13,100
7 years$16,551$15,440$14,401$13,430$12,524$10,333
8 years$14,336$13,235$12,213$11,266$10,390$8,306
9 years$12,614$11,523$10,519$9,596$8,750$6,772
10 years$11,237$10,157$9,171$8,272$7,455$5,582
11 years$10,111$9,042$8,074$7,199$6,412$4,639
12 years$9,174$8,116$7,165$6,315$5,556$3,883
13 years$8,381$7,334$6,402$5,575$4,845$3,267
14 years$7,703$6,667$5,752$4,949$4,247$2,761
15 years$7,115$6,090$5,193$4,413$3,740$2,343
16 years$6,601$5,588$4,708$3,952$3,305$1,993
17 years$6,148$5,146$4,284$3,551$2,930$1,701
18 years$5,746$4,755$3,911$3,200$2,606$1,454
19 years$5,387$4,407$3,580$2,891$2,322$1,245
20 years$5,064$4,095$3,286$2,619$2,074$1,068
21 years$4,772$3,815$3,022$2,377$1,856$918
22 years$4,507$3,561$2,786$2,161$1,664$789
23 years$4,266$3,330$2,572$1,968$1,494$679
24 years$4,045$3,120$2,379$1,795$1,343$585
25 years$3,841$2,928$2,203$1,639$1,208$504
26 years$3,654$2,752$2,043$1,499$1,088$435
27 years$3,481$2,590$1,897$1,372$981$375
28 years$3,321$2,441$1,764$1,257$885$324
29 years$3,172$2,302$1,641$1,153$799$280
30 years$3,033$2,174$1,529$1,058$722$242
31 years$2,903$2,055$1,425$972$653$209
32 years$2,782$1,945$1,330$893$591$181
33 years$2,668$1,842$1,242$821$535$156
34 years$2,562$1,746$1,160$755$484$135
35 years$2,461$1,656$1,085$695$438$117
36 years$2,366$1,572$1,015$640$397$101
37 years$2,277$1,493$950$590$360$87
38 years$2,193$1,418$889$544$326$76
39 years$2,113$1,349$833$502$296$65
40 years$2,037$1,283$781$463$268$57
41 years$1,965$1,222$732$427$244$49
42 years$1,897$1,163$687$394$221$42
43 years$1,832$1,108$645$364$201$37
44 years$1,770$1,057$605$336$182$32
45 years$1,711$1,008$568$310$165$28
46 years$1,655$961$534$286$150$24
47 years$1,602$917$501$265$136$21
48 years$1,551$876$471$244$124$18
49 years$1,502$836$443$226$112$15
50 years$1,455$799$416$209$102$13

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 $6,839 every year, while hoping to spend $21,946 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: 66/10/24 Blend
42$1,490,000$1,490,000$1,490,000$1,490,000
43$1,649,034$1,570,064$1,546,969$1,747,220
44$1,793,886$1,623,647$1,575,443$1,867,696
45$1,952,776$1,679,120$1,604,134$1,996,255
46$2,127,115$1,736,552$1,633,028$2,136,308
47$2,318,453$1,796,016$1,662,107$2,288,985
48$2,528,501$1,857,586$1,691,353$2,455,535
49$2,759,141$1,921,341$1,720,746$2,637,329
50$3,012,447$1,987,361$1,750,265$2,835,880
51$3,290,704$2,055,729$1,779,887$3,052,853
52$3,596,430$2,126,534$1,809,587$3,290,081
53$3,932,398$2,199,866$1,839,340$3,549,585
54$4,301,661$2,275,818$1,869,117$3,833,589
55$4,707,587$2,354,489$1,898,888$4,144,544
56$5,153,882$2,435,981$1,928,623$4,485,150
57$5,644,632$2,520,398$1,958,286$4,858,382
58$6,184,338$2,607,851$1,987,842$5,267,514
59$6,777,959$2,698,454$2,017,252$5,716,156
60$7,430,957$2,792,325$2,046,477$6,208,285
61$8,149,354$2,889,587$2,075,473$6,748,281
62$8,939,780$2,990,370$2,104,194$7,340,970
63$9,809,545$3,094,805$2,132,591$7,991,670
64$10,766,700$3,203,031$2,160,614$8,706,238
65$11,820,116$3,315,193$2,188,208$9,491,129
66$12,979,571$3,431,440$2,215,316$10,353,454
67$14,255,835$3,551,928$2,241,876$11,301,051
68$15,660,776$3,676,819$2,267,826$12,342,551
69$17,207,473$3,806,282$2,293,096$13,487,467
70$18,910,337$3,940,490$2,317,616$14,746,282
71$20,785,244$4,079,628$2,341,309$16,130,545
72$22,849,694$4,223,884$2,364,097$17,652,981
73$25,122,964$4,373,456$2,385,896$19,327,614
74$27,626,299$4,528,548$2,406,617$21,169,894
75$30,383,110$4,689,375$2,426,167$23,196,847
76$33,419,192$4,856,159$2,444,448$25,427,235
77$36,762,970$5,029,131$2,461,357$27,881,729
78$40,445,766$5,208,532$2,476,786$30,583,111
79$44,502,096$5,394,612$2,490,620$33,556,482
80$48,969,994$5,587,632$2,502,740$36,829,502
81$53,891,371$5,787,864$2,513,019$40,432,652
82$59,312,411$5,995,590$2,521,326$44,399,520
83$65,284,008$6,211,104$2,527,521$48,767,117
84$71,862,241$6,434,713$2,531,457$53,576,229
85$79,108,911$6,666,735$2,532,983$58,871,799
86$87,092,119$6,907,503$2,531,936$64,703,353
87$95,886,907$7,157,363$2,528,148$71,125,466
88$105,575,973$7,416,676$2,521,443$78,198,280
89$116,250,444$7,685,815$2,511,633$85,988,067
90$128,010,742$7,965,172$2,498,525$94,567,859
91$140,967,527$8,255,155$2,481,915$104,018,133
92$155,242,744$8,556,187$2,461,589$114,427,574
93$170,970,774$8,868,710$2,437,322$125,893,911
94$188,299,701$9,193,185$2,408,880$138,524,838
95$207,392,711$9,530,091$2,376,018$152,439,035
96$228,429,631$9,879,929$2,338,478$167,767,281
97$251,608,626$10,243,219$2,295,990$184,653,694
98$277,148,073$10,620,503$2,248,273$203,257,092
99$305,288,618$11,012,349$2,195,031$223,752,487
100$336,295,449$11,419,346$2,135,956$246,332,741