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%19.2%
1 years$126,346$125,221$124,123$123,051$122,004$117,489
2 years$62,548$61,383$60,254$59,159$58,097$53,599
3 years$41,284$40,114$38,988$37,904$36,859$32,520
4 years$30,655$29,488$28,373$27,308$26,288$22,140
5 years$24,278$23,119$22,019$20,975$19,984$16,039
6 years$20,029$18,878$17,795$16,774$15,813$12,073
7 years$16,995$15,854$14,787$13,791$12,860$9,324
8 years$14,721$13,590$12,541$11,569$10,669$7,334
9 years$12,952$11,832$10,801$9,854$8,984$5,847
10 years$11,539$10,430$9,417$8,494$7,655$4,708
11 years$10,383$9,285$8,291$7,392$6,584$3,821
12 years$9,420$8,334$7,358$6,484$5,705$3,121
13 years$8,606$7,531$6,574$5,725$4,975$2,561
14 years$7,910$6,846$5,906$5,082$4,361$2,110
15 years$7,306$6,254$5,333$4,532$3,840$1,744
16 years$6,778$5,738$4,835$4,058$3,394$1,445
17 years$6,313$5,284$4,399$3,646$3,009$1,200
18 years$5,901$4,883$4,016$3,286$2,676$998
19 years$5,532$4,525$3,677$2,969$2,385$831
20 years$5,200$4,205$3,374$2,689$2,130$693
21 years$4,900$3,917$3,104$2,440$1,906$579
22 years$4,628$3,656$2,860$2,219$1,709$484
23 years$4,380$3,420$2,641$2,021$1,534$404
24 years$4,153$3,204$2,443$1,843$1,379$338
25 years$3,945$3,007$2,262$1,683$1,241$283
26 years$3,752$2,826$2,098$1,539$1,117$237
27 years$3,575$2,660$1,948$1,409$1,007$198
28 years$3,410$2,506$1,811$1,291$909$166
29 years$3,257$2,364$1,686$1,184$821$139
30 years$3,114$2,233$1,570$1,086$742$117
31 years$2,981$2,111$1,464$998$671$98
32 years$2,857$1,997$1,366$917$607$82
33 years$2,740$1,891$1,275$843$549$69
34 years$2,630$1,793$1,191$776$497$58
35 years$2,527$1,700$1,114$714$450$48
36 years$2,430$1,614$1,042$658$408$41
37 years$2,338$1,533$975$606$370$34
38 years$2,252$1,457$913$559$335$29
39 years$2,170$1,385$856$515$304$24
40 years$2,092$1,318$802$475$276$20
41 years$2,018$1,254$752$438$250$17
42 years$1,948$1,195$705$404$227$14
43 years$1,881$1,138$662$373$206$12
44 years$1,818$1,085$621$345$187$10
45 years$1,757$1,035$583$318$170$8
46 years$1,700$987$548$294$154$7
47 years$1,645$942$515$272$140$6
48 years$1,592$899$484$251$127$5
49 years$1,542$859$455$232$115$4
50 years$1,494$820$428$214$105$3

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 $2,863 every year, while hoping to spend $39,362 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: 28/43/29 Blend
42$1,530,000$1,530,000$1,530,000$1,530,000
43$1,689,013$1,607,923$1,584,208$1,721,084
44$1,819,412$1,644,831$1,595,398$1,783,982
45$1,961,792$1,682,227$1,605,644$1,847,932
46$2,117,333$1,720,095$1,614,872$1,915,854
47$2,287,337$1,758,415$1,623,006$1,988,116
48$2,473,233$1,797,165$1,629,964$2,065,126
49$2,676,596$1,836,320$1,635,662$2,147,334
50$2,899,163$1,875,854$1,640,010$2,235,236
51$3,142,842$1,915,735$1,642,915$2,329,380
52$3,409,737$1,955,931$1,644,278$2,430,370
53$3,702,165$1,996,406$1,643,996$2,538,875
54$4,022,676$2,037,121$1,641,960$2,655,630
55$4,374,081$2,078,031$1,638,057$2,781,450
56$4,759,473$2,119,091$1,632,168$2,917,233
57$5,182,261$2,160,248$1,624,168$3,063,969
58$5,646,199$2,201,448$1,613,925$3,222,753
59$6,155,423$2,242,630$1,601,303$3,394,792
60$6,714,486$2,283,729$1,586,156$3,581,421
61$7,328,407$2,324,675$1,568,336$3,784,109
62$8,002,713$2,365,393$1,547,684$4,004,482
63$8,743,492$2,405,800$1,524,034$4,244,332
64$9,557,453$2,445,809$1,497,214$4,505,638
65$10,451,985$2,485,325$1,467,042$4,790,581
66$11,435,229$2,524,247$1,433,329$5,101,574
67$12,516,153$2,562,466$1,395,877$5,441,273
68$13,704,639$2,599,866$1,354,477$5,812,614
69$15,011,575$2,636,321$1,308,914$6,218,835
70$16,448,952$2,671,698$1,258,960$6,663,507
71$18,029,988$2,705,854$1,204,377$7,150,575
72$19,769,241$2,738,635$1,144,919$7,684,386
73$21,682,755$2,769,879$1,080,324$8,269,739
74$23,788,203$2,799,411$1,010,323$8,911,929
75$26,105,063$2,827,045$934,631$9,616,797
76$28,654,792$2,852,582$852,954$10,390,785
77$31,461,034$2,875,812$764,981$11,241,002
78$34,549,841$2,896,509$670,390$12,175,287
79$37,949,920$2,914,433$568,843$13,202,290
80$41,692,901$2,929,329$459,988$14,331,550
81$45,813,636$2,940,926$343,458$15,573,589
82$50,350,531$2,948,935$218,867$16,940,010
83$55,345,902$2,953,049$85,816$18,443,615
84$60,846,378$2,952,943$0$20,098,518
85$66,903,342$2,948,271$0$21,937,668
86$73,573,411$2,938,664$0$23,990,321
87$80,918,974$2,923,734$0$26,248,966
88$89,008,778$2,903,065$0$28,734,630
89$97,918,578$2,876,220$0$31,470,488
90$107,731,851$2,842,733$0$34,482,086
91$118,540,584$2,802,112$0$37,797,585
92$130,446,141$2,753,832$0$41,448,023
93$143,560,218$2,697,340$0$45,467,616
94$158,005,901$2,632,051$0$49,894,077
95$173,918,824$2,557,342$0$54,768,974
96$191,448,449$2,472,557$0$60,138,129
97$210,759,477$2,376,999$0$66,052,046
98$232,033,405$2,269,933$0$72,566,394
99$255,470,231$2,150,579$0$79,742,531
100$281,290,350$2,018,113$0$87,648,090