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%17.7%
1 years$123,043$121,947$120,878$119,834$118,815$115,104
2 years$60,912$59,778$58,678$57,612$56,578$52,873
3 years$40,205$39,065$37,969$36,913$35,896$32,311
4 years$29,853$28,717$27,632$26,594$25,601$22,166
5 years$23,644$22,515$21,443$20,426$19,462$16,184
6 years$19,505$18,385$17,329$16,335$15,399$12,283
7 years$16,551$15,440$14,401$13,430$12,524$9,568
8 years$14,336$13,235$12,213$11,266$10,390$7,593
9 years$12,614$11,523$10,519$9,596$8,750$6,109
10 years$11,237$10,157$9,171$8,272$7,455$4,966
11 years$10,111$9,042$8,074$7,199$6,412$4,070
12 years$9,174$8,116$7,165$6,315$5,556$3,357
13 years$8,381$7,334$6,402$5,575$4,845$2,783
14 years$7,703$6,667$5,752$4,949$4,247$2,317
15 years$7,115$6,090$5,193$4,413$3,740$1,936
16 years$6,601$5,588$4,708$3,952$3,305$1,621
17 years$6,148$5,146$4,284$3,551$2,930$1,361
18 years$5,746$4,755$3,911$3,200$2,606$1,145
19 years$5,387$4,407$3,580$2,891$2,322$965
20 years$5,064$4,095$3,286$2,619$2,074$814
21 years$4,772$3,815$3,022$2,377$1,856$687
22 years$4,507$3,561$2,786$2,161$1,664$581
23 years$4,266$3,330$2,572$1,968$1,494$492
24 years$4,045$3,120$2,379$1,795$1,343$416
25 years$3,841$2,928$2,203$1,639$1,208$352
26 years$3,654$2,752$2,043$1,499$1,088$299
27 years$3,481$2,590$1,897$1,372$981$253
28 years$3,321$2,441$1,764$1,257$885$215
29 years$3,172$2,302$1,641$1,153$799$182
30 years$3,033$2,174$1,529$1,058$722$155
31 years$2,903$2,055$1,425$972$653$131
32 years$2,782$1,945$1,330$893$591$111
33 years$2,668$1,842$1,242$821$535$95
34 years$2,562$1,746$1,160$755$484$80
35 years$2,461$1,656$1,085$695$438$68
36 years$2,366$1,572$1,015$640$397$58
37 years$2,277$1,493$950$590$360$49
38 years$2,193$1,418$889$544$326$42
39 years$2,113$1,349$833$502$296$35
40 years$2,037$1,283$781$463$268$30
41 years$1,965$1,222$732$427$244$26
42 years$1,897$1,163$687$394$221$22
43 years$1,832$1,108$645$364$201$18
44 years$1,770$1,057$605$336$182$16
45 years$1,711$1,008$568$310$165$13
46 years$1,655$961$534$286$150$11
47 years$1,602$917$501$265$136$10
48 years$1,551$876$471$244$124$8
49 years$1,502$836$443$226$112$7
50 years$1,455$799$416$209$102$6

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 $3,049 every year, while hoping to spend $31,817 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: 47/35/18 Blend
42$1,490,000$1,490,000$1,490,000$1,490,000
43$1,645,125$1,566,155$1,543,060$1,713,922
44$1,779,075$1,609,044$1,560,900$1,804,996
45$1,925,621$1,652,967$1,578,270$1,900,332
46$2,086,015$1,697,943$1,595,123$2,003,133
47$2,261,634$1,743,989$1,611,406$2,114,109
48$2,453,997$1,791,120$1,627,063$2,234,041
49$2,664,773$1,839,353$1,642,038$2,363,791
50$2,895,803$1,888,705$1,656,270$2,504,306
51$3,149,114$1,939,190$1,669,694$2,656,630
52$3,426,937$1,990,824$1,682,242$2,821,912
53$3,731,732$2,043,621$1,693,844$3,001,417
54$4,066,206$2,097,596$1,704,426$3,196,541
55$4,433,342$2,152,762$1,713,907$3,408,816
56$4,836,426$2,209,130$1,722,206$3,639,936
57$5,279,078$2,266,714$1,729,237$3,891,763
58$5,765,284$2,325,523$1,734,906$4,166,349
59$6,299,438$2,385,568$1,739,120$4,465,954
60$6,886,376$2,446,857$1,741,776$4,793,071
61$7,531,431$2,509,398$1,742,770$5,150,442
62$8,240,475$2,573,196$1,741,991$5,541,091
63$9,019,978$2,638,257$1,739,322$5,968,350
64$9,877,067$2,704,583$1,734,641$6,435,888
65$10,819,597$2,772,177$1,727,821$6,947,751
66$11,856,220$2,841,037$1,718,727$7,508,396
67$12,996,469$2,911,162$1,707,218$8,122,731
68$14,250,846$2,982,547$1,693,148$8,796,170
69$15,630,925$3,055,185$1,676,361$9,534,674
70$17,149,457$3,129,066$1,656,697$10,344,814
71$18,820,491$3,204,180$1,633,985$11,233,832
72$20,659,507$3,280,510$1,608,049$12,209,707
73$22,683,561$3,358,039$1,578,703$13,281,232
74$24,911,447$3,436,746$1,545,753$14,458,097
75$27,363,874$3,516,606$1,508,995$15,750,982
76$30,063,659$3,597,590$1,468,216$17,171,654
77$33,035,945$3,679,665$1,423,194$18,733,083
78$36,308,437$3,762,794$1,373,697$20,449,562
79$39,911,663$3,846,936$1,319,480$22,336,841
80$43,879,259$3,932,043$1,260,290$24,412,278
81$48,248,294$4,018,063$1,195,860$26,695,004
82$53,059,611$4,104,939$1,125,913$29,206,101
83$58,358,217$4,192,607$1,050,156$31,968,802
84$64,193,707$4,280,996$968,288$35,008,711
85$70,620,729$4,370,029$879,990$38,354,048
86$77,699,504$4,459,621$784,930$42,035,909
87$85,496,392$4,549,681$682,763$46,088,567
88$94,084,515$4,640,107$573,127$50,549,792
89$103,544,453$4,730,789$455,645$55,461,208
90$113,964,999$4,821,610$329,921$60,868,688
91$125,444,000$4,912,439$195,544$66,822,787
92$138,089,277$5,003,139$52,084$73,379,221
93$152,019,648$5,093,557$0$80,599,389
94$167,366,043$5,183,532$0$88,570,361
95$184,272,742$5,272,887$0$97,359,246
96$202,898,738$5,361,435$0$107,038,309
97$223,419,236$5,448,973$0$117,698,220
98$246,027,307$5,535,281$0$129,438,899
99$270,935,710$5,620,128$0$142,370,454
100$298,378,899$5,703,260$0$156,614,227