Can I retire at age 43 with 1,530,000?

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 $1,530,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.2%
1 years$126,346$125,221$124,123$123,051$122,004$120,881
2 years$62,548$61,383$60,254$59,159$58,097$56,966
3 years$41,284$40,114$38,988$37,904$36,859$35,754
4 years$30,655$29,488$28,373$27,308$26,288$25,219
5 years$24,278$23,119$22,019$20,975$19,984$18,952
6 years$20,029$18,878$17,795$16,774$15,813$14,821
7 years$16,995$15,854$14,787$13,791$12,860$11,908
8 years$14,721$13,590$12,541$11,569$10,669$9,757
9 years$12,952$11,832$10,801$9,854$8,984$8,112
10 years$11,539$10,430$9,417$8,494$7,655$6,822
11 years$10,383$9,285$8,291$7,392$6,584$5,789
12 years$9,420$8,334$7,358$6,484$5,705$4,948
13 years$8,606$7,531$6,574$5,725$4,975$4,255
14 years$7,910$6,846$5,906$5,082$4,361$3,677
15 years$7,306$6,254$5,333$4,532$3,840$3,191
16 years$6,778$5,738$4,835$4,058$3,394$2,778
17 years$6,313$5,284$4,399$3,646$3,009$2,427
18 years$5,901$4,883$4,016$3,286$2,676$2,125
19 years$5,532$4,525$3,677$2,969$2,385$1,864
20 years$5,200$4,205$3,374$2,689$2,130$1,639
21 years$4,900$3,917$3,104$2,440$1,906$1,444
22 years$4,628$3,656$2,860$2,219$1,709$1,273
23 years$4,380$3,420$2,641$2,021$1,534$1,124
24 years$4,153$3,204$2,443$1,843$1,379$994
25 years$3,945$3,007$2,262$1,683$1,241$879
26 years$3,752$2,826$2,098$1,539$1,117$778
27 years$3,575$2,660$1,948$1,409$1,007$690
28 years$3,410$2,506$1,811$1,291$909$612
29 years$3,257$2,364$1,686$1,184$821$543
30 years$3,114$2,233$1,570$1,086$742$482
31 years$2,981$2,111$1,464$998$671$428
32 years$2,857$1,997$1,366$917$607$380
33 years$2,740$1,891$1,275$843$549$338
34 years$2,630$1,793$1,191$776$497$300
35 years$2,527$1,700$1,114$714$450$267
36 years$2,430$1,614$1,042$658$408$238
37 years$2,338$1,533$975$606$370$211
38 years$2,252$1,457$913$559$335$188
39 years$2,170$1,385$856$515$304$167
40 years$2,092$1,318$802$475$276$149
41 years$2,018$1,254$752$438$250$133
42 years$1,948$1,195$705$404$227$118
43 years$1,881$1,138$662$373$206$105
44 years$1,818$1,085$621$345$187$94
45 years$1,757$1,035$583$318$170$83
46 years$1,700$987$548$294$154$74
47 years$1,645$942$515$272$140$66
48 years$1,592$899$484$251$127$59
49 years$1,542$859$455$232$115$53
50 years$1,494$820$428$214$105$47

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,530,000, adding $3,454 every year, while hoping to spend $33,169 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: 60/14/26 Blend
42$1,530,000$1,530,000$1,530,000$1,530,000
43$1,689,623$1,608,533$1,584,818$1,778,991
44$1,826,673$1,652,059$1,602,618$1,883,766
45$1,976,590$1,696,607$1,619,902$1,994,164
46$2,140,652$1,742,191$1,636,619$2,113,916
47$2,320,266$1,788,825$1,652,713$2,243,941
48$2,516,980$1,836,525$1,668,126$2,385,249
49$2,732,501$1,885,303$1,682,797$2,538,953
50$2,968,707$1,935,174$1,696,661$2,706,282
51$3,227,666$1,986,149$1,709,650$2,888,585
52$3,511,658$2,038,240$1,721,694$3,087,353
53$3,823,193$2,091,459$1,732,716$3,304,227
54$4,165,034$2,145,817$1,742,638$3,541,014
55$4,540,228$2,201,322$1,751,376$3,799,708
56$4,952,127$2,257,983$1,758,844$4,082,504
57$5,404,428$2,315,807$1,764,948$4,391,821
58$5,901,199$2,374,801$1,769,594$4,730,326
59$6,446,925$2,434,970$1,772,679$5,100,957
60$7,046,545$2,496,317$1,774,097$5,506,952
61$7,705,499$2,558,844$1,773,736$5,951,879
62$8,429,784$2,622,551$1,771,480$6,439,670
63$9,226,003$2,687,437$1,767,206$6,974,660
64$10,101,433$2,753,499$1,760,784$7,561,624
65$11,064,089$2,820,730$1,752,081$8,205,826
66$12,122,804$2,889,124$1,740,953$8,913,066
67$13,287,308$2,958,669$1,727,253$9,689,737
68$14,568,323$3,029,353$1,710,826$10,542,885
69$15,977,661$3,101,161$1,691,508$11,480,274
70$17,528,339$3,174,074$1,669,129$12,510,462
71$19,234,695$3,248,069$1,643,511$13,642,879
72$21,112,531$3,323,122$1,614,466$14,887,919
73$23,179,257$3,399,203$1,581,799$16,257,037
74$25,454,057$3,476,279$1,545,304$17,762,857
75$27,958,068$3,554,314$1,504,769$19,419,293
76$30,714,580$3,633,264$1,459,968$21,241,679
77$33,749,257$3,713,084$1,410,667$23,246,912
78$37,090,378$3,793,722$1,356,620$25,453,618
79$40,769,102$3,875,120$1,297,573$27,882,323
80$44,819,764$3,957,214$1,233,255$30,555,647
81$49,280,198$4,039,936$1,163,388$33,498,521
82$54,192,095$4,123,210$1,087,677$36,738,422
83$59,601,392$4,206,951$1,005,818$40,305,628
84$65,558,712$4,291,069$917,491$44,233,513
85$72,119,834$4,375,465$822,360$48,558,854
86$79,346,226$4,460,031$720,078$53,322,184
87$87,305,620$4,544,652$610,280$58,568,173
88$96,072,654$4,629,201$492,585$64,346,051
89$105,729,574$4,713,541$366,596$70,710,072
90$116,367,012$4,797,526$231,898$77,720,030
91$128,084,838$4,880,995$88,058$85,441,819
92$140,993,107$4,963,780$0$93,948,061
93$155,213,093$5,045,694$0$103,336,946
94$170,878,437$5,126,541$0$113,705,769
95$188,136,404$5,206,108$0$125,127,416
96$207,149,277$5,284,168$0$137,709,154
97$228,095,887$5,360,475$0$151,569,189
98$251,173,299$5,434,770$0$166,837,780
99$276,598,672$5,506,771$0$183,658,472
100$304,611,314$5,576,180$0$202,189,449