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

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 $1,490,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$123,043$121,947$120,878$119,834$118,815$117,770
2 years$60,912$59,778$58,678$57,612$56,578$55,526
3 years$40,205$39,065$37,969$36,913$35,896$34,868
4 years$29,853$28,717$27,632$26,594$25,601$24,605
5 years$23,644$22,515$21,443$20,426$19,462$18,501
6 years$19,505$18,385$17,329$16,335$15,399$14,476
7 years$16,551$15,440$14,401$13,430$12,524$11,637
8 years$14,336$13,235$12,213$11,266$10,390$9,540
9 years$12,614$11,523$10,519$9,596$8,750$7,937
10 years$11,237$10,157$9,171$8,272$7,455$6,679
11 years$10,111$9,042$8,074$7,199$6,412$5,671
12 years$9,174$8,116$7,165$6,315$5,556$4,850
13 years$8,381$7,334$6,402$5,575$4,845$4,174
14 years$7,703$6,667$5,752$4,949$4,247$3,609
15 years$7,115$6,090$5,193$4,413$3,740$3,134
16 years$6,601$5,588$4,708$3,952$3,305$2,731
17 years$6,148$5,146$4,284$3,551$2,930$2,387
18 years$5,746$4,755$3,911$3,200$2,606$2,091
19 years$5,387$4,407$3,580$2,891$2,322$1,836
20 years$5,064$4,095$3,286$2,619$2,074$1,616
21 years$4,772$3,815$3,022$2,377$1,856$1,424
22 years$4,507$3,561$2,786$2,161$1,664$1,257
23 years$4,266$3,330$2,572$1,968$1,494$1,110
24 years$4,045$3,120$2,379$1,795$1,343$982
25 years$3,841$2,928$2,203$1,639$1,208$870
26 years$3,654$2,752$2,043$1,499$1,088$771
27 years$3,481$2,590$1,897$1,372$981$684
28 years$3,321$2,441$1,764$1,257$885$607
29 years$3,172$2,302$1,641$1,153$799$539
30 years$3,033$2,174$1,529$1,058$722$479
31 years$2,903$2,055$1,425$972$653$425
32 years$2,782$1,945$1,330$893$591$378
33 years$2,668$1,842$1,242$821$535$336
34 years$2,562$1,746$1,160$755$484$299
35 years$2,461$1,656$1,085$695$438$266
36 years$2,366$1,572$1,015$640$397$237
37 years$2,277$1,493$950$590$360$211
38 years$2,193$1,418$889$544$326$188
39 years$2,113$1,349$833$502$296$168
40 years$2,037$1,283$781$463$268$149
41 years$1,965$1,222$732$427$244$133
42 years$1,897$1,163$687$394$221$119
43 years$1,832$1,108$645$364$201$106
44 years$1,770$1,057$605$336$182$94
45 years$1,711$1,008$568$310$165$84
46 years$1,655$961$534$286$150$75
47 years$1,602$917$501$265$136$67
48 years$1,551$876$471$244$124$60
49 years$1,502$836$443$226$112$53
50 years$1,455$799$416$209$102$47

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 $6,198 every year, while hoping to spend $35,838 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: 50/21/29 Blend
42$1,490,000$1,490,000$1,490,000$1,490,000
43$1,648,373$1,569,403$1,546,308$1,716,975
44$1,778,376$1,608,173$1,559,978$1,804,406
45$1,920,438$1,647,641$1,572,905$1,895,336
46$2,075,751$1,687,804$1,585,026$1,993,482
47$2,245,628$1,728,656$1,596,275$2,099,546
48$2,431,514$1,770,193$1,606,582$2,214,302
49$2,635,001$1,812,405$1,615,875$2,338,604
50$2,857,841$1,855,283$1,624,077$2,473,392
51$3,101,964$1,898,814$1,631,107$2,619,703
52$3,369,495$1,942,987$1,636,879$2,778,680
53$3,662,775$1,987,785$1,641,306$2,951,582
54$3,984,382$2,033,190$1,644,293$3,139,797
55$4,337,154$2,079,182$1,645,743$3,344,857
56$4,724,220$2,125,737$1,645,551$3,568,449
57$5,149,024$2,172,832$1,643,610$3,812,432
58$5,615,360$2,220,437$1,639,807$4,078,858
59$6,127,408$2,268,519$1,634,022$4,369,987
60$6,689,773$2,317,046$1,626,131$4,688,310
61$7,307,526$2,365,977$1,616,002$5,036,575
62$7,986,255$2,415,271$1,603,499$5,417,811
63$8,732,114$2,464,881$1,588,479$5,835,355
64$9,551,887$2,514,757$1,570,789$6,292,889
65$10,453,042$2,564,843$1,550,274$6,794,469
66$11,443,812$2,615,080$1,526,767$7,344,568
67$12,533,264$2,665,402$1,500,097$7,948,117
68$13,731,389$2,715,738$1,470,082$8,610,550
69$15,049,193$2,766,013$1,436,533$9,337,860
70$16,498,806$2,816,143$1,399,252$10,136,651
71$18,093,590$2,866,038$1,358,032$11,014,205
72$19,848,266$2,915,604$1,312,656$11,978,548
73$21,779,056$2,964,736$1,262,898$13,038,527
74$23,903,835$3,013,324$1,208,520$14,203,895
75$26,242,296$3,061,246$1,149,274$15,485,403
76$28,816,138$3,108,375$1,084,903$16,894,902
77$31,649,271$3,154,572$1,015,135$18,445,455
78$34,768,042$3,199,691$939,687$20,151,461
79$38,201,479$3,243,573$858,263$22,028,793
80$41,981,570$3,286,049$770,556$24,094,945
81$46,143,563$3,326,937$676,241$26,369,203
82$50,726,294$3,366,046$574,983$28,872,824
83$55,772,561$3,403,167$466,430$31,629,236
84$61,329,521$3,438,080$350,214$34,664,267
85$67,449,138$3,470,552$225,952$38,006,380
86$74,188,672$3,500,331$93,244$41,686,953
87$81,611,219$3,527,150$0$45,740,567
88$89,786,309$3,550,726$0$50,220,309
89$98,790,556$3,570,755$0$55,184,987
90$108,708,386$3,586,916$0$60,652,162
91$119,632,834$3,598,866$0$66,673,021
92$131,666,414$3,606,243$0$73,303,969
93$144,922,098$3,608,658$0$80,607,165
94$159,524,370$3,605,701$0$88,651,110
95$175,610,412$3,596,936$0$97,511,293
96$193,331,389$3,581,900$0$107,270,903
97$212,853,879$3,560,102$0$118,021,615
98$234,361,448$3,531,021$0$129,864,458
99$258,056,379$3,494,103$0$142,910,766
100$284,161,579$3,448,764$0$157,283,231