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

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 $1,510,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$124,694$123,584$122,500$121,442$120,410$116,137
2 years$61,730$60,580$59,466$58,386$57,338$53,079
3 years$40,744$39,590$38,478$37,408$36,377$32,266
4 years$30,254$29,103$28,002$26,951$25,945$22,012
5 years$23,961$22,817$21,731$20,701$19,723$15,979
6 years$19,767$18,632$17,562$16,554$15,606$12,055
7 years$16,773$15,647$14,594$13,610$12,692$9,332
8 years$14,528$13,412$12,377$11,417$10,529$7,357
9 years$12,783$11,678$10,660$9,725$8,867$5,880
10 years$11,388$10,293$9,294$8,383$7,555$4,747
11 years$10,247$9,164$8,182$7,296$6,498$3,863
12 years$9,297$8,225$7,261$6,399$5,631$3,163
13 years$8,494$7,433$6,488$5,650$4,910$2,603
14 years$7,806$6,756$5,829$5,015$4,304$2,150
15 years$7,211$6,172$5,263$4,473$3,790$1,782
16 years$6,690$5,663$4,772$4,005$3,349$1,481
17 years$6,231$5,215$4,342$3,598$2,970$1,233
18 years$5,823$4,819$3,964$3,243$2,641$1,029
19 years$5,459$4,466$3,629$2,930$2,354$860
20 years$5,132$4,150$3,330$2,654$2,102$719
21 years$4,836$3,866$3,063$2,408$1,881$602
22 years$4,568$3,608$2,823$2,190$1,686$505
23 years$4,323$3,375$2,607$1,994$1,514$423
24 years$4,099$3,162$2,411$1,819$1,361$355
25 years$3,893$2,967$2,233$1,661$1,224$298
26 years$3,703$2,789$2,071$1,519$1,103$251
27 years$3,528$2,625$1,923$1,390$994$211
28 years$3,365$2,473$1,788$1,274$897$177
29 years$3,214$2,333$1,664$1,168$810$149
30 years$3,074$2,204$1,549$1,072$732$125
31 years$2,942$2,083$1,445$985$662$105
32 years$2,819$1,971$1,348$905$599$88
33 years$2,704$1,867$1,258$832$542$74
34 years$2,596$1,769$1,176$766$491$63
35 years$2,494$1,678$1,099$705$444$53
36 years$2,398$1,593$1,028$649$403$44
37 years$2,308$1,513$963$598$365$37
38 years$2,222$1,438$901$551$331$31
39 years$2,141$1,367$844$508$300$26
40 years$2,064$1,301$792$469$272$22
41 years$1,992$1,238$742$433$247$19
42 years$1,922$1,179$696$399$224$16
43 years$1,857$1,123$653$368$203$13
44 years$1,794$1,071$613$340$184$11
45 years$1,734$1,021$576$314$167$9
46 years$1,678$974$541$290$152$8
47 years$1,623$930$508$268$138$7
48 years$1,571$887$477$248$125$6
49 years$1,522$847$449$229$114$5
50 years$1,474$809$422$212$103$4

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 $3,169 every year, while hoping to spend $33,371 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: 46/36/18 Blend
42$1,510,000$1,510,000$1,510,000$1,510,000
43$1,667,289$1,587,259$1,563,854$1,735,287
44$1,801,846$1,629,528$1,580,736$1,825,337
45$1,949,009$1,672,750$1,597,066$1,919,377
46$2,110,029$1,716,936$1,612,789$2,020,694
47$2,286,284$1,762,097$1,627,849$2,129,981
48$2,479,289$1,808,244$1,642,186$2,247,999
49$2,690,714$1,855,386$1,655,737$2,375,588
50$2,922,398$1,903,531$1,668,435$2,513,670
51$3,176,367$1,952,688$1,680,212$2,663,261
52$3,454,851$2,002,865$1,690,994$2,825,483
53$3,760,307$2,054,067$1,700,704$3,001,568
54$4,095,441$2,106,299$1,709,260$3,192,875
55$4,463,234$2,159,565$1,716,578$3,400,901
56$4,866,968$2,213,868$1,722,568$3,627,295
57$5,310,261$2,269,209$1,727,136$3,873,872
58$5,797,095$2,325,588$1,730,183$4,142,634
59$6,331,860$2,383,003$1,731,605$4,435,786
60$6,919,390$2,441,451$1,731,294$4,755,756
61$7,565,011$2,500,925$1,729,136$5,105,223
62$8,274,591$2,561,419$1,725,010$5,487,134
63$9,054,593$2,622,922$1,718,791$5,904,739
64$9,912,139$2,685,422$1,710,348$6,361,621
65$10,855,075$2,748,906$1,699,543$6,861,725
66$11,892,045$2,813,355$1,686,230$7,409,399
67$13,032,573$2,878,749$1,670,258$8,009,436
68$14,287,153$2,945,065$1,651,469$8,667,117
69$15,667,345$3,012,276$1,629,696$9,388,261
70$17,185,888$3,080,352$1,604,765$10,179,283
71$18,856,818$3,149,258$1,576,494$11,047,250
72$20,695,599$3,218,957$1,544,692$11,999,952
73$22,719,270$3,289,406$1,509,159$13,045,973
74$24,946,606$3,360,557$1,469,686$14,194,775
75$27,398,294$3,432,359$1,426,055$15,456,784
76$30,097,130$3,504,754$1,378,038$16,843,491
77$33,068,229$3,577,679$1,325,394$18,367,559
78$36,339,268$3,651,065$1,267,874$20,042,947
79$39,940,742$3,724,836$1,205,217$21,885,036
80$43,906,255$3,798,910$1,137,149$23,910,778
81$48,272,835$3,873,198$1,063,385$26,138,857
82$53,081,282$3,947,603$983,626$28,589,865
83$58,376,556$4,022,019$897,561$31,286,493
84$64,208,199$4,096,332$804,863$34,253,754
85$70,630,802$4,170,419$705,194$37,519,210
86$77,704,522$4,244,148$598,196$41,113,240
87$85,495,647$4,317,375$483,499$45,069,323
88$94,077,223$4,389,946$360,716$49,424,360
89$103,529,741$4,461,695$229,441$54,219,013
90$113,941,901$4,532,444$89,254$59,498,103
91$125,411,442$4,602,001$0$65,311,020
92$138,046,072$4,670,162$0$71,723,792
93$151,964,479$4,736,707$0$78,803,868
94$167,297,450$4,801,400$0$86,600,299
95$184,189,112$4,863,990$0$95,186,048
96$202,798,283$4,924,208$0$104,641,522
97$223,299,979$4,981,765$0$115,055,330
98$245,887,061$5,036,356$0$126,525,120
99$270,772,055$5,087,651$0$139,158,504
100$298,189,161$5,135,302$0$153,074,067