Can I retire at age 43 with 1,580,000?

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 $1,580,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$130,475$129,313$128,179$127,072$125,991$123,751
2 years$64,592$63,389$62,223$61,092$59,996$57,747
3 years$42,633$41,425$40,262$39,142$38,064$35,876
4 years$31,656$30,452$29,301$28,200$27,147$25,037
5 years$25,072$23,875$22,738$21,660$20,637$18,611
6 years$20,684$19,495$18,376$17,322$16,329$14,389
7 years$17,550$16,372$15,271$14,241$13,280$11,426
8 years$15,202$14,034$12,951$11,947$11,017$9,250
9 years$13,376$12,219$11,154$10,176$9,278$7,596
10 years$11,916$10,771$9,725$8,772$7,905$6,307
11 years$10,722$9,588$8,561$7,634$6,799$5,282
12 years$9,728$8,606$7,598$6,696$5,892$4,455
13 years$8,888$7,777$6,788$5,912$5,138$3,779
14 years$8,168$7,069$6,099$5,248$4,504$3,220
15 years$7,545$6,458$5,507$4,680$3,965$2,754
16 years$7,000$5,925$4,993$4,190$3,505$2,364
17 years$6,520$5,457$4,543$3,765$3,107$2,034
18 years$6,093$5,042$4,147$3,393$2,763$1,754
19 years$5,712$4,673$3,797$3,066$2,463$1,516
20 years$5,370$4,343$3,484$2,777$2,200$1,312
21 years$5,060$4,045$3,205$2,520$1,969$1,138
22 years$4,779$3,776$2,954$2,291$1,765$987
23 years$4,523$3,531$2,727$2,087$1,584$858
24 years$4,289$3,309$2,522$1,903$1,424$746
25 years$4,073$3,105$2,336$1,738$1,281$649
26 years$3,875$2,918$2,167$1,589$1,154$565
27 years$3,692$2,746$2,012$1,455$1,040$493
28 years$3,521$2,588$1,870$1,333$939$430
29 years$3,363$2,441$1,741$1,222$848$375
30 years$3,216$2,306$1,621$1,122$766$327
31 years$3,079$2,180$1,512$1,030$692$285
32 years$2,950$2,062$1,410$947$626$249
33 years$2,830$1,953$1,317$871$567$218
34 years$2,716$1,851$1,230$801$513$190
35 years$2,610$1,756$1,150$737$465$166
36 years$2,509$1,666$1,076$679$421$145
37 years$2,415$1,583$1,007$626$382$127
38 years$2,325$1,504$943$577$346$111
39 years$2,240$1,430$884$532$314$97
40 years$2,160$1,361$828$491$285$85
41 years$2,084$1,295$777$453$258$74
42 years$2,012$1,234$728$418$234$65
43 years$1,943$1,175$684$386$213$57
44 years$1,877$1,120$642$356$193$50
45 years$1,815$1,068$603$329$175$43
46 years$1,755$1,019$566$304$159$38
47 years$1,699$973$532$281$144$33
48 years$1,644$929$500$259$131$29
49 years$1,592$887$470$240$119$25
50 years$1,543$847$441$221$108$22

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,580,000, adding $3,920 every year, while hoping to spend $54,040 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: 45/44/11 Blend
42$1,580,000$1,580,000$1,580,000$1,580,000
43$1,745,203$1,661,463$1,636,973$1,818,123
44$1,865,716$1,685,377$1,634,314$1,892,999
45$1,996,710$1,708,651$1,629,754$1,968,312
46$2,139,197$1,731,198$1,623,173$2,048,762
47$2,294,290$1,752,922$1,614,445$2,134,845
48$2,463,215$1,773,722$1,603,436$2,227,105
49$2,647,320$1,793,492$1,590,009$2,326,147
50$2,848,089$1,812,115$1,574,016$2,432,636
51$3,067,155$1,829,469$1,555,306$2,547,309
52$3,306,314$1,845,423$1,533,719$2,670,978
53$3,567,547$1,859,838$1,509,087$2,804,542
54$3,853,032$1,872,564$1,481,236$2,948,992
55$4,165,166$1,883,445$1,449,983$3,105,424
56$4,506,590$1,892,311$1,415,134$3,275,048
57$4,880,212$1,898,984$1,376,491$3,459,200
58$5,289,232$1,903,273$1,333,842$3,659,357
59$5,737,177$1,904,976$1,286,969$3,877,149
60$6,227,927$1,903,878$1,235,641$4,114,376
61$6,765,760$1,899,752$1,179,619$4,373,026
62$7,355,383$1,892,356$1,118,651$4,655,293
63$8,001,982$1,881,431$1,052,476$4,963,601
64$8,711,269$1,866,706$980,819$5,300,626
65$9,489,536$1,847,892$903,394$5,669,322
66$10,343,712$1,824,682$819,901$6,072,950
67$11,281,430$1,796,751$730,027$6,515,111
68$12,311,100$1,763,756$633,447$6,999,778
69$13,441,983$1,725,331$529,819$7,531,338
70$14,684,284$1,681,091$418,786$8,114,632
71$16,049,242$1,630,626$299,977$8,755,005
72$17,549,243$1,573,504$173,004$9,458,352
73$19,197,926$1,509,267$37,460$10,231,183
74$21,010,324$1,437,430$0$11,080,679
75$23,002,993$1,357,481$0$12,027,346
76$25,194,178$1,268,877$0$13,072,857
77$27,603,978$1,171,045$0$14,222,513
78$30,254,536$1,063,379$0$15,487,017
79$33,170,253$945,239$0$16,878,171
80$36,378,010$815,947$0$18,408,993
81$39,907,427$674,787$0$20,093,842
82$43,791,138$521,006$0$21,948,552
83$48,065,102$353,803$0$23,990,587
84$52,768,939$172,336$0$26,239,203
85$57,946,306$0$0$28,715,641
86$63,645,304$0$0$31,455,076
87$69,918,937$0$0$34,562,812
88$76,825,608$0$0$37,984,366
89$84,429,669$0$0$41,751,646
90$92,802,033$0$0$45,899,815
91$102,020,834$0$0$50,467,616
92$112,172,172$0$0$55,497,742
93$123,350,921$0$0$61,037,238
94$135,661,624$0$0$67,137,942
95$149,219,479$0$0$73,856,978
96$164,151,427$0$0$81,257,290
97$180,597,347$0$0$89,408,242
98$198,711,380$0$0$98,386,267
99$218,663,377$0$0$108,275,589
100$240,640,505$0$0$119,169,020