Can I retire at age 43 with 1,500,000?

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 $1,500,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$123,869$122,765$121,689$120,638$119,612$117,486
2 years$61,321$60,179$59,072$57,999$56,958$54,823
3 years$40,475$39,328$38,224$37,161$36,137$34,059
4 years$30,053$28,910$27,817$26,772$25,773$23,769
5 years$23,802$22,666$21,587$20,564$19,592$17,668
6 years$19,636$18,508$17,446$16,445$15,503$13,660
7 years$16,662$15,543$14,497$13,520$12,608$10,848
8 years$14,432$13,323$12,295$11,342$10,459$8,781
9 years$12,698$11,600$10,590$9,661$8,808$7,211
10 years$11,312$10,225$9,232$8,328$7,505$5,987
11 years$10,179$9,103$8,128$7,247$6,455$5,015
12 years$9,236$8,170$7,213$6,357$5,593$4,229
13 years$8,438$7,384$6,445$5,612$4,878$3,587
14 years$7,754$6,711$5,791$4,982$4,276$3,057
15 years$7,163$6,131$5,228$4,443$3,765$2,615
16 years$6,646$5,625$4,740$3,978$3,327$2,244
17 years$6,190$5,181$4,313$3,574$2,950$1,931
18 years$5,785$4,787$3,937$3,221$2,623$1,665
19 years$5,423$4,437$3,605$2,911$2,338$1,439
20 years$5,098$4,123$3,308$2,636$2,088$1,246
21 years$4,804$3,840$3,043$2,393$1,869$1,080
22 years$4,537$3,585$2,804$2,175$1,675$937
23 years$4,294$3,353$2,589$1,981$1,504$814
24 years$4,072$3,141$2,395$1,807$1,352$708
25 years$3,867$2,948$2,218$1,650$1,216$616
26 years$3,679$2,770$2,057$1,509$1,096$537
27 years$3,505$2,607$1,910$1,381$988$468
28 years$3,343$2,457$1,776$1,265$891$408
29 years$3,193$2,318$1,652$1,160$805$356
30 years$3,053$2,189$1,539$1,065$727$310
31 years$2,923$2,069$1,435$978$657$271
32 years$2,801$1,958$1,339$899$595$237
33 years$2,686$1,854$1,250$827$538$207
34 years$2,579$1,757$1,168$761$487$180
35 years$2,478$1,667$1,092$700$441$158
36 years$2,382$1,582$1,022$645$400$138
37 years$2,292$1,503$956$594$362$120
38 years$2,207$1,428$895$548$329$105
39 years$2,127$1,358$839$505$298$92
40 years$2,051$1,292$786$466$270$80
41 years$1,978$1,230$737$430$245$70
42 years$1,910$1,171$692$397$222$62
43 years$1,844$1,116$649$366$202$54
44 years$1,782$1,064$609$338$183$47
45 years$1,723$1,014$572$312$166$41
46 years$1,666$968$537$288$151$36
47 years$1,613$923$505$266$137$31
48 years$1,561$882$474$246$125$28
49 years$1,512$842$446$227$113$24
50 years$1,465$804$419$210$103$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,500,000, adding $5,860 every year, while hoping to spend $37,690 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: 71/12/17 Blend
42$1,500,000$1,500,000$1,500,000$1,500,000
43$1,659,045$1,579,545$1,556,295$1,769,828
44$1,788,165$1,616,840$1,568,329$1,881,540
45$1,929,193$1,654,701$1,579,503$1,998,718
46$2,083,303$1,693,113$1,589,748$2,126,041
47$2,251,787$1,732,063$1,598,992$2,264,507
48$2,436,071$1,771,536$1,607,160$2,415,215
49$2,637,722$1,811,512$1,614,171$2,579,375
50$2,858,466$1,851,973$1,619,942$2,758,320
51$3,100,204$1,892,894$1,624,385$2,953,521
52$3,365,030$1,934,251$1,627,407$3,166,595
53$3,655,250$1,976,016$1,628,912$3,399,326
54$3,973,402$2,018,157$1,628,797$3,653,679
55$4,322,283$2,060,641$1,626,955$3,931,820
56$4,704,972$2,103,429$1,623,276$4,236,133
57$5,124,864$2,146,482$1,617,640$4,569,247
58$5,585,694$2,189,753$1,609,924$4,934,060
59$6,091,579$2,233,195$1,600,001$5,333,763
60$6,647,052$2,276,754$1,587,733$5,771,873
61$7,257,109$2,320,372$1,572,980$6,252,267
62$7,927,251$2,363,988$1,555,592$6,779,215
63$8,663,540$2,407,533$1,535,414$7,357,424
64$9,472,654$2,450,935$1,512,283$7,992,081
65$10,361,948$2,494,114$1,486,028$8,688,903
66$11,339,528$2,536,987$1,456,470$9,454,188
67$12,414,321$2,579,461$1,423,424$10,294,878
68$13,596,166$2,621,438$1,386,692$11,218,624
69$14,895,900$2,662,813$1,346,071$12,233,856
70$16,325,463$2,703,472$1,301,346$13,349,866
71$17,898,013$2,743,295$1,252,294$14,576,893
72$19,628,044$2,782,151$1,198,680$15,926,220
73$21,531,528$2,819,900$1,140,259$17,410,285
74$23,626,063$2,856,393$1,076,776$19,042,792
75$25,931,037$2,891,472$1,007,964$20,838,844
76$28,467,814$2,924,966$933,543$22,815,088
77$31,259,935$2,956,693$853,220$24,989,867
78$34,333,337$2,986,460$766,692$27,383,398
79$37,716,600$3,014,059$673,638$30,017,960
80$41,441,216$3,039,270$573,728$32,918,108
81$45,541,884$3,061,859$466,612$36,110,901
82$50,056,841$3,081,574$351,928$39,626,160
83$55,028,218$3,098,151$229,297$43,496,751
84$60,502,442$3,111,306$98,324$47,758,893
85$66,530,669$3,120,738$0$52,452,503
86$73,169,270$3,126,127$0$57,629,089
87$80,480,361$3,127,133$0$63,349,133
88$88,532,390$3,123,395$0$69,648,292
89$97,400,782$3,114,528$0$76,585,529
90$107,168,649$3,100,128$0$84,225,823
91$117,927,578$3,079,760$0$92,640,778
92$129,778,490$3,052,969$0$101,909,299
93$142,832,599$3,019,266$0$112,118,339
94$157,212,452$2,978,139$0$123,363,717
95$173,053,095$2,929,040$0$135,751,026
96$190,503,340$2,871,393$0$149,396,627
97$209,727,173$2,804,583$0$164,428,747
98$230,905,301$2,727,964$0$180,988,694
99$254,236,855$2,640,848$0$199,232,184
100$279,941,273$2,542,508$0$219,330,818