Can I retire at age 43 with 1,510,000?

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 $1,510,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$124,694$123,584$122,500$121,442$120,410$118,123
2 years$61,730$60,580$59,466$58,386$57,338$55,043
3 years$40,744$39,590$38,478$37,408$36,377$34,146
4 years$30,254$29,103$28,002$26,951$25,945$23,794
5 years$23,961$22,817$21,731$20,701$19,723$17,659
6 years$19,767$18,632$17,562$16,554$15,606$13,631
7 years$16,773$15,647$14,594$13,610$12,692$10,806
8 years$14,528$13,412$12,377$11,417$10,529$8,732
9 years$12,783$11,678$10,660$9,725$8,867$7,158
10 years$11,388$10,293$9,294$8,383$7,555$5,933
11 years$10,247$9,164$8,182$7,296$6,498$4,959
12 years$9,297$8,225$7,261$6,399$5,631$4,175
13 years$8,494$7,433$6,488$5,650$4,910$3,534
14 years$7,806$6,756$5,829$5,015$4,304$3,005
15 years$7,211$6,172$5,263$4,473$3,790$2,565
16 years$6,690$5,663$4,772$4,005$3,349$2,197
17 years$6,231$5,215$4,342$3,598$2,970$1,886
18 years$5,823$4,819$3,964$3,243$2,641$1,623
19 years$5,459$4,466$3,629$2,930$2,354$1,400
20 years$5,132$4,150$3,330$2,654$2,102$1,209
21 years$4,836$3,866$3,063$2,408$1,881$1,046
22 years$4,568$3,608$2,823$2,190$1,686$905
23 years$4,323$3,375$2,607$1,994$1,514$785
24 years$4,099$3,162$2,411$1,819$1,361$681
25 years$3,893$2,967$2,233$1,661$1,224$591
26 years$3,703$2,789$2,071$1,519$1,103$514
27 years$3,528$2,625$1,923$1,390$994$446
28 years$3,365$2,473$1,788$1,274$897$388
29 years$3,214$2,333$1,664$1,168$810$338
30 years$3,074$2,204$1,549$1,072$732$294
31 years$2,942$2,083$1,445$985$662$256
32 years$2,819$1,971$1,348$905$599$223
33 years$2,704$1,867$1,258$832$542$194
34 years$2,596$1,769$1,176$766$491$169
35 years$2,494$1,678$1,099$705$444$148
36 years$2,398$1,593$1,028$649$403$129
37 years$2,308$1,513$963$598$365$112
38 years$2,222$1,438$901$551$331$98
39 years$2,141$1,367$844$508$300$85
40 years$2,064$1,301$792$469$272$74
41 years$1,992$1,238$742$433$247$65
42 years$1,922$1,179$696$399$224$57
43 years$1,857$1,123$653$368$203$49
44 years$1,794$1,071$613$340$184$43
45 years$1,734$1,021$576$314$167$38
46 years$1,678$974$541$290$152$33
47 years$1,623$930$508$268$138$29
48 years$1,571$887$477$248$125$25
49 years$1,522$847$449$229$114$22
50 years$1,474$809$422$212$103$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,510,000, adding $5,029 every year, while hoping to spend $36,532 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: 43/48/9 Blend
42$1,510,000$1,510,000$1,510,000$1,510,000
43$1,669,207$1,589,177$1,565,772$1,736,428
44$1,800,597$1,628,177$1,579,356$1,822,691
45$1,944,164$1,667,864$1,592,170$1,911,982
46$2,101,111$1,708,232$1,604,151$2,007,883
47$2,272,765$1,749,276$1,615,230$2,111,011
48$2,460,583$1,790,986$1,625,337$2,222,048
49$2,666,173$1,833,355$1,634,396$2,341,742
50$2,891,303$1,876,370$1,642,328$2,470,919
51$3,137,921$1,920,018$1,649,052$2,610,489
52$3,408,173$1,964,283$1,654,479$2,761,451
53$3,704,422$2,009,148$1,658,520$2,924,908
54$4,029,270$2,054,593$1,661,077$3,102,074
55$4,385,582$2,100,595$1,662,050$3,294,288
56$4,776,516$2,147,128$1,661,333$3,503,021
57$5,205,549$2,194,166$1,658,816$3,729,898
58$5,676,511$2,241,676$1,654,382$3,976,707
59$6,193,621$2,289,624$1,647,910$4,245,418
60$6,761,526$2,337,971$1,639,271$4,538,203
61$7,385,347$2,386,677$1,628,331$4,857,455
62$8,070,723$2,435,695$1,614,951$5,205,810
63$8,823,868$2,484,975$1,598,983$5,586,174
64$9,651,626$2,534,462$1,580,272$6,001,749
65$10,561,538$2,584,097$1,558,658$6,456,062
66$11,561,914$2,633,817$1,533,972$6,953,004
67$12,661,905$2,683,550$1,506,036$7,496,859
68$13,871,597$2,733,221$1,474,665$8,092,352
69$15,202,100$2,782,749$1,439,667$8,744,688
70$16,665,655$2,832,045$1,400,837$9,459,606
71$18,275,751$2,881,014$1,357,964$10,243,428
72$20,047,248$2,929,554$1,310,826$11,103,125
73$21,996,519$2,977,555$1,259,191$12,046,379
74$24,141,607$3,024,897$1,202,816$13,081,656
75$26,502,389$3,071,455$1,141,449$14,218,290
76$29,100,769$3,117,093$1,074,823$15,466,565
77$31,960,879$3,161,663$1,002,662$16,837,820
78$35,109,314$3,205,009$924,677$18,344,549
79$38,575,375$3,246,966$840,564$20,000,526
80$42,391,349$3,287,352$750,008$21,820,931
81$46,592,812$3,325,978$652,680$23,822,496
82$51,218,968$3,362,640$548,233$26,023,662
83$56,313,012$3,397,119$436,308$28,444,756
84$61,922,545$3,429,183$316,530$31,108,182
85$68,100,017$3,458,585$188,506$34,038,633
86$74,903,224$3,485,062$51,827$37,263,327
87$82,395,854$3,508,331$0$40,812,260
88$90,648,086$3,528,094$0$44,727,526
89$99,737,253$3,544,033$0$49,042,436
90$109,748,571$3,555,809$0$53,792,217
91$120,775,945$3,563,063$0$59,021,186
92$132,922,851$3,565,413$0$64,778,183
93$146,303,316$3,562,452$0$71,117,036
94$161,042,991$3,553,750$0$78,097,070
95$177,280,341$3,538,848$0$85,783,667
96$195,167,946$3,517,262$0$94,248,884
97$214,873,945$3,488,476$0$103,572,135
98$236,583,619$3,451,943$0$113,840,943
99$260,501,145$3,407,085$0$125,151,768
100$286,851,518$3,353,289$0$137,610,915