Can I retire at age 43 with 1,550,000?

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 $1,550,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$127,998$126,857$125,745$124,659$123,599$119,547
2 years$63,365$62,185$61,041$59,932$58,857$54,813
3 years$41,824$40,639$39,498$38,399$37,341$33,433
4 years$31,055$29,874$28,744$27,664$26,632$22,889
5 years$24,596$23,421$22,307$21,249$20,245$16,677
6 years$20,291$19,125$18,027$16,993$16,019$12,629
7 years$17,217$16,061$14,981$13,971$13,028$9,816
8 years$14,913$13,768$12,705$11,720$10,808$7,771
9 years$13,122$11,987$10,943$9,983$9,102$6,237
10 years$11,690$10,566$9,540$8,605$7,755$5,058
11 years$10,519$9,406$8,399$7,489$6,670$4,134
12 years$9,543$8,443$7,454$6,569$5,780$3,401
13 years$8,719$7,630$6,659$5,799$5,040$2,812
14 years$8,013$6,935$5,984$5,148$4,418$2,335
15 years$7,402$6,335$5,402$4,591$3,890$1,945
16 years$6,867$5,813$4,898$4,111$3,438$1,624
17 years$6,396$5,353$4,457$3,694$3,048$1,360
18 years$5,978$4,947$4,069$3,329$2,711$1,140
19 years$5,604$4,584$3,725$3,008$2,416$958
20 years$5,268$4,260$3,418$2,724$2,158$806
21 years$4,964$3,968$3,144$2,472$1,931$678
22 years$4,689$3,704$2,898$2,248$1,731$572
23 years$4,437$3,464$2,676$2,047$1,554$482
24 years$4,207$3,246$2,475$1,867$1,397$407
25 years$3,996$3,046$2,292$1,705$1,257$343
26 years$3,801$2,863$2,126$1,559$1,132$290
27 years$3,621$2,694$1,974$1,427$1,021$245
28 years$3,455$2,539$1,835$1,308$921$207
29 years$3,300$2,395$1,708$1,199$832$175
30 years$3,155$2,262$1,591$1,100$751$148
31 years$3,020$2,138$1,483$1,011$679$125
32 years$2,894$2,023$1,383$929$615$106
33 years$2,776$1,916$1,292$854$556$90
34 years$2,665$1,816$1,207$786$504$76
35 years$2,560$1,722$1,128$723$456$64
36 years$2,462$1,635$1,056$666$413$54
37 years$2,369$1,553$988$614$374$46
38 years$2,281$1,476$925$566$340$39
39 years$2,198$1,403$867$522$308$33
40 years$2,119$1,335$813$481$279$28
41 years$2,044$1,271$762$444$253$24
42 years$1,973$1,210$715$410$230$20
43 years$1,906$1,153$671$378$209$17
44 years$1,842$1,099$629$349$189$14
45 years$1,780$1,048$591$323$172$12
46 years$1,722$1,000$555$298$156$10
47 years$1,666$954$522$275$142$9
48 years$1,613$911$490$254$129$7
49 years$1,562$870$461$235$117$6
50 years$1,513$831$433$217$106$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,550,000, adding $5,579 every year, while hoping to spend $49,248 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: 69/6/25 Blend
42$1,550,000$1,550,000$1,550,000$1,550,000
43$1,713,855$1,631,705$1,607,680$1,820,794
44$1,836,268$1,659,259$1,609,138$1,920,737
45$1,969,518$1,686,512$1,608,994$2,023,870
46$2,114,656$1,713,399$1,607,142$2,135,583
47$2,272,842$1,739,847$1,603,473$2,256,725
48$2,445,351$1,765,779$1,597,869$2,388,230
49$2,633,588$1,791,113$1,590,208$2,531,129
50$2,839,098$1,815,761$1,580,364$2,686,560
51$3,063,581$1,839,629$1,568,201$2,855,775
52$3,308,911$1,862,615$1,553,581$3,040,155
53$3,577,149$1,884,612$1,536,355$3,241,225
54$3,870,566$1,905,505$1,516,370$3,460,663
55$4,191,660$1,925,172$1,493,465$3,700,320
56$4,543,184$1,943,480$1,467,470$3,962,237
57$4,928,169$1,960,290$1,438,211$4,248,666
58$5,349,951$1,975,454$1,405,500$4,562,086
59$5,812,208$1,988,813$1,369,146$4,905,232
60$6,318,987$2,000,198$1,328,946$5,281,121
61$6,874,746$2,009,430$1,284,688$5,693,077
62$7,484,396$2,016,318$1,236,151$6,144,763
63$8,153,345$2,020,659$1,183,103$6,640,222
64$8,887,552$2,022,237$1,125,303$7,183,906
65$9,693,579$2,020,823$1,062,497$7,780,727
66$10,578,655$2,016,174$994,421$8,436,098
67$11,550,743$2,008,032$920,800$9,155,987
68$12,618,615$1,996,122$841,343$9,946,972
69$13,791,936$1,980,154$755,750$10,816,305
70$15,081,351$1,959,820$663,706$11,771,982
71$16,498,590$1,934,792$564,881$12,822,815
72$18,056,574$1,904,725$458,933$13,978,520
73$19,769,539$1,869,251$345,501$15,249,805
74$21,653,169$1,827,981$224,213$16,648,475
75$23,724,745$1,780,504$94,676$18,187,544
76$26,003,303$1,726,384$0$19,881,355
77$28,509,822$1,665,158$0$21,757,340
78$31,267,412$1,596,340$0$23,849,014
79$34,301,539$1,519,411$0$26,150,424
80$37,640,259$1,433,825$0$28,682,870
81$41,314,488$1,339,005$0$31,469,821
82$45,358,288$1,234,338$0$34,537,140
83$49,809,192$1,119,179$0$37,913,322
84$54,708,555$992,845$0$41,629,771
85$60,101,947$854,613$0$45,721,090
86$66,039,578$703,721$0$50,225,408
87$72,576,774$539,364$0$55,184,744
88$79,774,502$360,689$0$60,645,400
89$87,699,936$166,798$0$66,658,397
90$96,427,101$0$0$73,279,960
91$106,037,563$0$0$80,574,903
92$116,621,201$0$0$88,620,790
93$128,277,055$0$0$97,481,917
94$141,114,263$0$0$107,241,265
95$155,253,083$0$0$117,990,276
96$170,826,036$0$0$129,829,715
97$187,979,150$0$0$142,870,615
98$206,873,341$0$0$157,235,333
99$227,685,929$0$0$173,058,698
100$250,612,314$0$0$190,489,285