Can I retire at age 43 with 1,520,000?

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 $1,520,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$125,520$124,402$123,311$122,247$121,207$117,515
2 years$62,139$60,981$59,860$58,772$57,718$54,030
3 years$41,014$39,852$38,733$37,656$36,618$33,051
4 years$30,454$29,295$28,188$27,129$26,117$22,696
5 years$24,120$22,968$21,875$20,838$19,853$16,589
6 years$19,898$18,755$17,678$16,664$15,709$12,604
7 years$16,884$15,751$14,691$13,700$12,776$9,830
8 years$14,624$13,501$12,459$11,493$10,599$7,810
9 years$12,868$11,755$10,731$9,789$8,926$6,291
10 years$11,463$10,362$9,355$8,439$7,605$5,120
11 years$10,315$9,224$8,236$7,344$6,541$4,202
12 years$9,359$8,279$7,310$6,442$5,668$3,471
13 years$8,550$7,482$6,531$5,687$4,943$2,881
14 years$7,858$6,801$5,868$5,048$4,333$2,402
15 years$7,258$6,213$5,298$4,502$3,815$2,009
16 years$6,734$5,700$4,803$4,031$3,372$1,686
17 years$6,272$5,250$4,371$3,622$2,989$1,417
18 years$5,862$4,851$3,990$3,264$2,658$1,194
19 years$5,495$4,496$3,653$2,950$2,369$1,007
20 years$5,166$4,178$3,352$2,671$2,116$851
21 years$4,868$3,891$3,083$2,424$1,894$720
22 years$4,598$3,632$2,842$2,204$1,698$610
23 years$4,352$3,397$2,624$2,008$1,524$516
24 years$4,126$3,183$2,427$1,831$1,370$438
25 years$3,919$2,987$2,248$1,672$1,232$372
26 years$3,728$2,807$2,084$1,529$1,110$315
27 years$3,551$2,642$1,936$1,399$1,001$268
28 years$3,388$2,490$1,799$1,282$903$227
29 years$3,236$2,349$1,675$1,176$815$193
30 years$3,094$2,218$1,560$1,079$737$164
31 years$2,962$2,097$1,454$991$666$140
32 years$2,838$1,984$1,357$911$603$119
33 years$2,722$1,879$1,267$838$545$101
34 years$2,613$1,781$1,184$771$494$86
35 years$2,511$1,689$1,107$709$447$73
36 years$2,414$1,603$1,035$653$405$62
37 years$2,323$1,523$969$602$367$53
38 years$2,237$1,447$907$555$333$45
39 years$2,155$1,376$850$512$302$38
40 years$2,078$1,309$797$472$274$33
41 years$2,005$1,246$747$435$248$28
42 years$1,935$1,187$701$402$225$24
43 years$1,869$1,131$658$371$205$20
44 years$1,806$1,078$617$342$186$17
45 years$1,746$1,028$580$316$169$15
46 years$1,689$981$544$292$153$12
47 years$1,634$936$511$270$139$11
48 years$1,582$893$481$249$126$9
49 years$1,532$853$452$231$115$8
50 years$1,484$815$425$213$104$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,520,000, adding $3,458 every year, while hoping to spend $49,410 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: 47/42/11 Blend
42$1,520,000$1,520,000$1,520,000$1,520,000
43$1,678,607$1,598,047$1,574,487$1,752,223
44$1,797,253$1,623,779$1,574,660$1,829,085
45$1,926,345$1,649,117$1,573,184$1,907,062
46$2,066,896$1,673,987$1,569,949$1,990,572
47$2,220,021$1,698,315$1,564,845$2,080,147
48$2,386,948$1,722,017$1,557,751$2,176,372
49$2,569,027$1,745,005$1,548,546$2,279,895
50$2,767,743$1,767,186$1,537,098$2,391,429
51$2,984,734$1,788,460$1,523,272$2,511,762
52$3,221,801$1,808,718$1,506,925$2,641,764
53$3,480,926$1,827,846$1,487,909$2,782,394
54$3,764,292$1,845,723$1,466,066$2,934,712
55$4,074,304$1,862,217$1,441,233$3,099,887
56$4,413,608$1,877,191$1,413,239$3,279,208
57$4,785,118$1,890,495$1,381,904$3,474,101
58$5,192,044$1,901,973$1,347,042$3,686,137
59$5,637,919$1,911,457$1,308,455$3,917,050
60$6,126,637$1,918,769$1,265,938$4,168,755
61$6,662,484$1,923,718$1,219,277$4,443,364
62$7,250,182$1,926,105$1,168,248$4,743,209
63$7,894,931$1,925,715$1,112,615$5,070,863
64$8,602,460$1,922,320$1,052,132$5,429,164
65$9,379,077$1,915,680$986,545$5,821,245
66$10,231,732$1,905,538$915,584$6,250,563
67$11,168,082$1,891,622$838,969$6,720,932
68$12,196,560$1,873,646$756,408$7,236,560
69$13,326,457$1,851,302$667,596$7,802,090
70$14,568,008$1,824,268$572,212$8,422,644
71$15,932,488$1,792,200$469,925$9,103,873
72$17,432,318$1,754,735$360,384$9,852,013
73$19,081,186$1,711,488$243,228$10,673,939
74$20,894,167$1,662,051$118,076$11,577,239
75$22,887,873$1,605,992$0$12,570,282
76$25,080,605$1,542,856$0$13,664,117
77$27,492,529$1,472,158$0$14,882,015
78$30,145,861$1,393,387$0$16,221,386
79$33,065,079$1,306,003$0$17,694,669
80$36,277,154$1,209,434$0$19,315,582
81$39,811,803$1,103,076$0$21,099,248
82$43,701,769$986,289$0$23,062,347
83$47,983,130$858,398$0$25,223,266
84$52,695,639$718,689$0$27,602,279
85$57,883,098$566,409$0$30,221,743
86$63,593,772$400,761$0$33,106,303
87$69,880,843$220,904$0$36,283,135
88$76,802,911$25,950$0$39,782,197
89$84,424,547$0$0$43,636,521
90$92,816,905$0$0$47,968,042
91$102,058,385$0$0$52,751,250
92$112,235,383$0$0$58,018,895
93$123,443,097$0$0$63,820,281
94$135,786,428$0$0$70,209,737
95$149,380,971$0$0$77,247,131
96$164,354,104$0$0$84,998,433
97$180,846,189$0$0$93,536,339
98$199,011,897$0$0$102,940,955
99$219,021,669$0$0$113,300,555
100$241,063,320$0$0$124,712,413