Can I retire at age 43 with 1,570,000?

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 $1,570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$129,649$128,494$127,368$126,268$125,194$124,249
2 years$64,183$62,987$61,829$60,706$59,616$58,663
3 years$42,363$41,163$40,007$38,895$37,823$36,892
4 years$31,456$30,259$29,115$28,021$26,976$26,073
5 years$24,913$23,724$22,595$21,523$20,506$19,636
6 years$20,553$19,372$18,260$17,212$16,226$15,388
7 years$17,439$16,269$15,174$14,151$13,196$12,391
8 years$15,105$13,945$12,869$11,871$10,947$10,176
9 years$13,291$12,142$11,084$10,111$9,219$8,481
10 years$11,840$10,702$9,663$8,716$7,855$7,149
11 years$10,654$9,528$8,507$7,586$6,756$6,081
12 years$9,667$8,552$7,550$6,654$5,854$5,211
13 years$8,831$7,728$6,745$5,874$5,105$4,493
14 years$8,116$7,025$6,061$5,214$4,475$3,893
15 years$7,497$6,417$5,472$4,650$3,940$3,387
16 years$6,956$5,888$4,961$4,164$3,482$2,957
17 years$6,479$5,422$4,515$3,741$3,088$2,590
18 years$6,055$5,010$4,121$3,372$2,746$2,274
19 years$5,676$4,644$3,773$3,047$2,447$2,001
20 years$5,336$4,315$3,462$2,759$2,186$1,765
21 years$5,028$4,019$3,185$2,504$1,956$1,559
22 years$4,749$3,752$2,935$2,277$1,753$1,379
23 years$4,495$3,509$2,710$2,074$1,574$1,221
24 years$4,262$3,288$2,506$1,891$1,415$1,083
25 years$4,048$3,085$2,321$1,727$1,273$961
26 years$3,850$2,900$2,153$1,579$1,147$854
27 years$3,668$2,729$1,999$1,446$1,034$759
28 years$3,499$2,572$1,859$1,324$933$675
29 years$3,342$2,426$1,730$1,215$842$601
30 years$3,196$2,291$1,611$1,115$761$535
31 years$3,059$2,166$1,502$1,024$688$477
32 years$2,931$2,049$1,401$941$622$425
33 years$2,812$1,941$1,308$865$563$379
34 years$2,699$1,839$1,223$796$510$338
35 years$2,593$1,745$1,143$733$462$302
36 years$2,494$1,656$1,069$675$419$269
37 years$2,399$1,573$1,001$622$379$240
38 years$2,310$1,495$937$573$344$215
39 years$2,226$1,421$878$528$312$192
40 years$2,146$1,352$823$487$283$171
41 years$2,071$1,287$772$450$257$153
42 years$1,999$1,226$724$415$233$137
43 years$1,930$1,168$679$383$211$122
44 years$1,865$1,113$638$354$192$109
45 years$1,803$1,062$599$327$174$98
46 years$1,744$1,013$562$302$158$87
47 years$1,688$967$528$279$144$78
48 years$1,634$923$496$258$130$70
49 years$1,582$881$467$238$118$62
50 years$1,533$842$439$220$108$56

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,570,000, adding $2,049 every year, while hoping to spend $34,729 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: 54/32/14 Blend
42$1,570,000$1,570,000$1,570,000$1,570,000
43$1,732,254$1,649,044$1,624,709$1,819,300
44$1,871,992$1,692,895$1,642,185$1,922,652
45$2,024,820$1,737,732$1,659,083$2,031,180
46$2,192,035$1,783,565$1,675,346$2,148,516
47$2,375,069$1,830,405$1,690,916$2,275,505
48$2,575,494$1,878,263$1,705,729$2,413,078
49$2,795,045$1,927,148$1,719,722$2,562,262
50$3,035,630$1,977,070$1,732,824$2,724,186
51$3,299,354$2,028,035$1,744,962$2,900,093
52$3,588,531$2,080,052$1,756,062$3,091,352
53$3,905,712$2,133,125$1,766,041$3,299,473
54$4,253,707$2,187,261$1,774,816$3,526,116
55$4,635,610$2,242,462$1,782,297$3,773,111
56$5,054,831$2,298,731$1,788,392$4,042,474
57$5,515,123$2,356,068$1,793,003$4,336,426
58$6,020,623$2,414,473$1,796,026$4,657,413
59$6,575,887$2,473,942$1,797,353$5,008,130
60$7,185,934$2,534,472$1,796,871$5,391,546
61$7,856,295$2,596,057$1,794,462$5,810,932
62$8,593,060$2,658,687$1,789,999$6,269,893
63$9,402,941$2,722,351$1,783,353$6,772,400
64$10,293,332$2,787,037$1,774,386$7,322,828
65$11,272,378$2,852,728$1,762,955$7,926,000
66$12,349,054$2,919,406$1,748,907$8,587,227
67$13,533,249$2,987,048$1,732,087$9,312,363
68$14,835,856$3,055,629$1,712,327$10,107,860
69$16,268,878$3,125,120$1,689,456$10,980,826
70$17,845,542$3,195,489$1,663,291$11,939,093
71$19,580,418$3,266,699$1,633,642$12,991,294
72$21,489,563$3,338,709$1,600,311$14,146,940
73$23,590,666$3,411,474$1,563,089$15,416,514
74$25,903,221$3,484,943$1,521,760$16,811,567
75$28,448,705$3,559,061$1,476,094$18,344,829
76$31,250,785$3,633,766$1,425,854$20,030,328
77$34,335,536$3,708,992$1,370,792$21,883,523
78$37,731,692$3,784,664$1,310,645$23,921,452
79$41,470,916$3,860,704$1,245,142$26,162,888
80$45,588,093$3,937,023$1,173,999$28,628,523
81$50,121,668$4,013,526$1,096,918$31,341,159
82$55,114,001$4,090,111$1,013,587$34,325,924
83$60,611,769$4,166,667$923,682$37,610,511
84$66,666,408$4,243,072$826,864$41,225,439
85$73,334,596$4,319,197$722,778$45,204,341
86$80,678,787$4,394,900$611,054$49,584,283
87$88,767,804$4,470,031$491,305$54,406,111
88$97,677,484$4,544,426$363,127$59,714,844
89$107,491,396$4,617,911$226,100$65,560,091
90$118,301,626$4,690,297$79,782$71,996,525
91$130,209,653$4,761,382$0$79,084,400
92$143,327,297$4,830,950$0$86,901,524
93$157,777,784$4,898,769$0$95,523,128
94$173,696,901$4,964,591$0$105,018,003
95$191,234,279$5,028,150$0$115,475,101
96$210,554,809$5,089,163$0$126,992,451
97$231,840,194$5,147,327$0$139,678,078
98$255,290,666$5,202,318$0$153,651,027
99$281,126,872$5,253,790$0$169,042,485
100$309,591,964$5,301,376$0$185,997,022