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 $2,214 every year, while hoping to spend $47,511 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: 49/40/11 Blend
42$1,530,000$1,530,000$1,530,000$1,530,000
43$1,688,344$1,607,254$1,583,539$1,765,933
44$1,810,003$1,635,458$1,586,036$1,847,616
45$1,942,480$1,663,452$1,587,024$1,931,126
46$2,086,827$1,691,174$1,586,404$2,020,753
47$2,244,203$1,718,562$1,584,068$2,117,082
48$2,415,883$1,745,543$1,579,906$2,220,763
49$2,603,273$1,772,044$1,573,802$2,332,507
50$2,807,916$1,797,984$1,565,634$2,453,103
51$3,031,515$1,823,276$1,555,274$2,583,417
52$3,275,943$1,847,830$1,542,589$2,724,409
53$3,543,261$1,871,546$1,527,438$2,877,134
54$3,835,742$1,894,319$1,509,675$3,042,758
55$4,155,883$1,916,037$1,489,145$3,222,566
56$4,506,439$1,936,579$1,465,687$3,417,976
57$4,890,442$1,955,817$1,439,134$3,630,553
58$5,311,230$1,973,615$1,409,308$3,862,021
59$5,772,480$1,989,827$1,376,024$4,114,286
60$6,278,242$2,004,297$1,339,090$4,389,446
61$6,832,976$2,016,861$1,298,303$4,689,818
62$7,441,595$2,027,343$1,253,452$5,017,957
63$8,109,511$2,035,556$1,204,315$5,376,682
64$8,842,683$2,041,300$1,150,662$5,769,101
65$9,647,678$2,044,365$1,092,250$6,198,645
66$10,531,729$2,044,526$1,028,828$6,669,096
67$11,502,802$2,041,545$960,130$7,184,626
68$12,569,675$2,035,168$885,882$7,749,837
69$13,742,016$2,025,126$805,794$8,369,806
70$15,030,480$2,011,135$719,566$9,050,130
71$16,446,800$1,992,891$626,882$9,796,984
72$18,003,905$1,970,075$527,415$10,617,178
73$19,716,041$1,942,346$420,821$11,518,221
74$21,598,900$1,909,345$306,741$12,508,398
75$23,669,774$1,870,688$184,803$13,596,841
76$25,947,712$1,825,973$54,614$14,793,624
77$28,453,703$1,774,770$0$16,109,855
78$31,210,874$1,716,627$0$17,567,680
79$34,244,706$1,651,065$0$19,178,193
80$37,583,274$1,577,575$0$20,949,926
81$41,257,513$1,495,621$0$22,899,357
82$45,301,507$1,404,634$0$25,044,652
83$49,752,814$1,304,015$0$27,405,840
84$54,652,817$1,193,127$0$30,005,000
85$60,047,115$1,071,301$0$32,866,472
86$65,985,952$937,826$0$36,017,089
87$72,524,692$791,952$0$39,486,433
88$79,724,341$632,888$0$43,307,112
89$87,652,121$459,797$0$47,515,074
90$96,382,106$271,796$0$52,149,945
91$105,995,917$67,951$0$57,255,410
92$116,583,497$0$0$62,879,619
93$128,243,953$0$0$69,142,878
94$141,086,498$0$0$76,074,247
95$155,231,475$0$0$83,708,798
96$170,811,495$0$0$92,118,134
97$187,972,689$0$0$101,381,161
98$206,876,085$0$0$111,584,827
99$227,699,128$0$0$122,824,944
100$250,637,355$0$0$135,207,094