Can I retire at age 43 with 1,560,000?

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 $1,560,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$128,823$127,676$126,556$125,464$124,397$121,686
2 years$63,774$62,586$61,435$60,319$59,236$56,519
3 years$42,094$40,901$39,753$38,647$37,582$34,943
4 years$31,256$30,066$28,930$27,843$26,804$24,263
5 years$24,754$23,572$22,451$21,386$20,376$17,941
6 years$20,422$19,249$18,143$17,103$16,123$13,796
7 years$17,328$16,165$15,077$14,061$13,112$10,894
8 years$15,009$13,856$12,787$11,795$10,878$8,768
9 years$13,206$12,064$11,013$10,047$9,161$7,157
10 years$11,765$10,634$9,602$8,661$7,805$5,906
11 years$10,586$9,467$8,453$7,537$6,713$4,915
12 years$9,605$8,497$7,502$6,611$5,817$4,119
13 years$8,775$7,679$6,702$5,837$5,073$3,470
14 years$8,065$6,980$6,022$5,181$4,447$2,937
15 years$7,449$6,376$5,437$4,621$3,915$2,495
16 years$6,911$5,850$4,930$4,137$3,460$2,126
17 years$6,437$5,388$4,486$3,717$3,068$1,817
18 years$6,016$4,979$4,095$3,350$2,728$1,555
19 years$5,640$4,614$3,749$3,027$2,432$1,334
20 years$5,302$4,288$3,440$2,742$2,172$1,146
21 years$4,996$3,994$3,164$2,488$1,944$986
22 years$4,719$3,728$2,917$2,262$1,742$849
23 years$4,466$3,487$2,693$2,060$1,564$732
24 years$4,235$3,267$2,491$1,879$1,406$632
25 years$4,022$3,066$2,307$1,716$1,265$545
26 years$3,826$2,881$2,139$1,569$1,139$471
27 years$3,645$2,712$1,987$1,436$1,027$407
28 years$3,477$2,555$1,847$1,316$927$352
29 years$3,321$2,411$1,719$1,207$837$305
30 years$3,175$2,276$1,601$1,108$756$264
31 years$3,040$2,152$1,492$1,017$684$228
32 years$2,913$2,036$1,392$935$618$198
33 years$2,794$1,928$1,300$860$560$171
34 years$2,682$1,828$1,215$791$507$148
35 years$2,577$1,733$1,136$728$459$128
36 years$2,478$1,645$1,062$671$416$111
37 years$2,384$1,563$994$618$377$96
38 years$2,296$1,485$931$569$342$84
39 years$2,212$1,412$872$525$310$72
40 years$2,133$1,344$818$484$281$63
41 years$2,058$1,279$767$447$255$54
42 years$1,986$1,218$719$412$231$47
43 years$1,918$1,161$675$381$210$41
44 years$1,854$1,106$634$351$191$36
45 years$1,792$1,055$595$325$173$31
46 years$1,733$1,006$559$300$157$27
47 years$1,677$960$525$277$143$23
48 years$1,623$917$493$256$130$20
49 years$1,572$875$464$237$118$17
50 years$1,523$836$436$219$107$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,560,000, adding $5,828 every year, while hoping to spend $23,926 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: 52/35/13 Blend
42$1,560,000$1,560,000$1,560,000$1,560,000
43$1,725,132$1,642,452$1,618,272$1,808,570
44$1,875,638$1,697,475$1,647,027$1,921,227
45$2,040,694$1,754,392$1,675,943$2,040,653
46$2,221,759$1,813,271$1,705,001$2,169,994
47$2,420,439$1,874,182$1,734,179$2,310,192
48$2,638,504$1,937,197$1,763,455$2,462,288
49$2,877,904$2,002,393$1,792,803$2,627,421
50$3,140,787$2,069,846$1,822,198$2,806,848
51$3,429,517$2,139,639$1,851,613$3,001,950
52$3,746,702$2,211,856$1,881,016$3,214,249
53$4,095,212$2,286,583$1,910,376$3,445,417
54$4,478,210$2,363,912$1,939,660$3,697,295
55$4,899,181$2,443,936$1,968,831$3,971,909
56$5,361,962$2,526,754$1,997,852$4,271,491
57$5,870,783$2,612,467$2,026,682$4,598,496
58$6,430,305$2,701,179$2,055,277$4,955,626
59$7,045,659$2,793,000$2,083,592$5,345,857
60$7,722,503$2,888,044$2,111,579$5,772,466
61$8,467,068$2,986,427$2,139,186$6,239,061
62$9,286,219$3,088,273$2,166,360$6,749,612
63$10,187,523$3,193,708$2,193,042$7,308,495
64$11,179,314$3,302,863$2,219,173$7,920,526
65$12,270,777$3,415,876$2,244,688$8,591,010
66$13,472,031$3,532,889$2,269,520$9,325,788
67$14,794,226$3,654,048$2,293,597$10,131,296
68$16,249,649$3,779,508$2,316,844$11,014,620
69$17,851,837$3,909,428$2,339,182$11,983,564
70$19,615,707$4,043,972$2,360,527$13,046,728
71$21,557,695$4,183,313$2,380,791$14,213,581
72$23,695,914$4,327,629$2,399,881$15,494,554
73$26,050,320$4,477,106$2,417,700$16,901,140
74$28,642,904$4,631,936$2,434,144$18,445,996
75$31,497,899$4,792,319$2,449,107$20,143,069
76$34,642,005$4,958,464$2,462,473$22,007,720
77$38,104,647$5,130,586$2,474,123$24,056,874
78$41,918,248$5,308,911$2,483,932$26,309,175
79$46,118,533$5,493,672$2,491,768$28,785,166
80$50,744,873$5,685,111$2,497,492$31,507,477
81$55,840,651$5,883,483$2,500,959$34,501,042
82$61,453,672$6,089,048$2,502,016$37,793,331
83$67,636,615$6,302,080$2,500,502$41,414,611
84$74,447,531$6,522,863$2,496,249$45,398,227
85$81,950,387$6,751,691$2,489,082$49,780,922
86$90,215,675$6,988,872$2,478,814$54,603,177
87$99,321,071$7,234,725$2,465,253$59,909,596
88$109,352,176$7,489,581$2,448,194$65,749,326
89$120,403,314$7,753,787$2,427,425$72,176,517
90$132,578,431$8,027,702$2,402,722$79,250,836
91$145,992,070$8,311,698$2,373,852$87,038,027
92$160,770,455$8,606,165$2,340,570$95,610,532
93$177,052,682$8,911,508$2,302,620$105,048,172
94$194,992,031$9,228,147$2,259,733$115,438,902
95$214,757,413$9,556,521$2,211,629$126,879,637
96$236,534,964$9,897,086$2,158,014$139,477,171
97$260,529,803$10,250,315$2,098,579$153,349,175
98$286,967,965$10,616,703$2,033,004$168,625,318
99$316,098,540$10,996,764$1,960,952$185,448,481
100$348,196,019$11,391,033$1,882,072$203,976,107