Can I retire at age 43 with 1,590,000?

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 $1,590,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.2%
1 years$131,301$130,131$128,990$127,876$126,789$124,586
2 years$65,000$63,790$62,617$61,479$60,376$58,163
3 years$42,903$41,687$40,517$39,390$38,305$36,152
4 years$31,857$30,645$29,486$28,378$27,319$25,243
5 years$25,231$24,026$22,882$21,797$20,768$18,773
6 years$20,815$19,619$18,492$17,432$16,433$14,523
7 years$17,662$16,476$15,367$14,331$13,364$11,539
8 years$15,298$14,123$13,033$12,022$11,087$9,346
9 years$13,460$12,296$11,225$10,240$9,337$7,680
10 years$11,991$10,839$9,786$8,827$7,955$6,380
11 years$10,790$9,649$8,616$7,682$6,842$5,347
12 years$9,790$8,661$7,646$6,738$5,929$4,513
13 years$8,944$7,827$6,831$5,949$5,170$3,830
14 years$8,220$7,114$6,138$5,281$4,532$3,266
15 years$7,593$6,499$5,542$4,710$3,991$2,796
16 years$7,044$5,963$5,024$4,217$3,527$2,401
17 years$6,561$5,491$4,572$3,789$3,127$2,067
18 years$6,132$5,074$4,174$3,415$2,781$1,784
19 years$5,749$4,703$3,821$3,085$2,478$1,543
20 years$5,404$4,370$3,507$2,794$2,214$1,337
21 years$5,092$4,071$3,225$2,536$1,981$1,160
22 years$4,810$3,800$2,973$2,306$1,776$1,007
23 years$4,552$3,554$2,745$2,100$1,594$876
24 years$4,316$3,330$2,538$1,915$1,433$762
25 years$4,099$3,125$2,351$1,749$1,289$664
26 years$3,900$2,937$2,180$1,599$1,161$579
27 years$3,715$2,764$2,025$1,464$1,047$505
28 years$3,544$2,604$1,882$1,341$945$440
29 years$3,385$2,457$1,752$1,230$853$384
30 years$3,237$2,320$1,632$1,129$771$336
31 years$3,098$2,193$1,521$1,037$697$293
32 years$2,969$2,075$1,419$953$630$256
33 years$2,847$1,965$1,325$876$570$224
34 years$2,734$1,863$1,238$806$517$196
35 years$2,626$1,767$1,158$742$468$171
36 years$2,525$1,677$1,083$683$424$150
37 years$2,430$1,593$1,014$630$384$131
38 years$2,340$1,514$949$580$348$115
39 years$2,255$1,439$889$535$316$100
40 years$2,174$1,369$833$494$286$88
41 years$2,097$1,304$782$455$260$77
42 years$2,024$1,241$733$420$236$67
43 years$1,955$1,183$688$388$214$59
44 years$1,889$1,128$646$358$194$51
45 years$1,826$1,075$606$331$176$45
46 years$1,766$1,026$569$306$160$39
47 years$1,709$979$535$282$145$35
48 years$1,655$934$503$261$132$30
49 years$1,602$892$473$241$120$26
50 years$1,552$852$444$223$109$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,590,000, adding $2,271 every year, while hoping to spend $34,449 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: 49/43/8 Blend
42$1,590,000$1,590,000$1,590,000$1,590,000
43$1,754,523$1,670,253$1,645,608$1,836,694
44$1,896,830$1,715,441$1,664,082$1,938,323
45$2,052,499$1,761,690$1,682,021$2,044,811
46$2,222,855$1,809,014$1,699,369$2,159,668
47$2,409,359$1,857,428$1,716,071$2,283,686
48$2,613,619$1,906,947$1,732,064$2,417,735
49$2,837,406$1,957,586$1,747,287$2,562,772
50$3,082,671$2,009,358$1,761,671$2,719,852
51$3,351,563$2,062,276$1,775,146$2,890,135
52$3,646,447$2,116,352$1,787,638$3,074,897
53$3,969,930$2,171,598$1,799,069$3,275,545
54$4,324,882$2,228,025$1,809,357$3,493,628
55$4,714,464$2,285,643$1,818,415$3,730,849
56$5,142,159$2,344,460$1,826,152$3,989,086
57$5,611,805$2,404,483$1,832,473$4,270,406
58$6,127,626$2,465,720$1,837,278$4,577,086
59$6,694,279$2,528,175$1,840,462$4,911,633
60$7,316,892$2,591,852$1,841,914$5,276,810
61$8,001,115$2,656,753$1,841,518$5,675,659
62$8,753,172$2,722,878$1,839,152$6,111,530
63$9,579,922$2,790,225$1,834,690$6,588,116
64$10,488,918$2,858,790$1,827,997$7,109,484
65$11,488,486$2,928,569$1,818,932$7,680,115
66$12,587,795$2,999,552$1,807,350$8,304,944
67$13,796,949$3,071,729$1,793,095$8,989,409
68$15,127,080$3,145,086$1,776,007$9,739,504
69$16,590,455$3,219,608$1,755,915$10,561,829
70$18,200,586$3,295,274$1,732,644$11,463,660
71$19,972,365$3,372,062$1,706,006$12,453,010
72$21,922,199$3,449,945$1,675,810$13,538,711
73$24,068,163$3,528,892$1,641,850$14,730,495
74$26,430,178$3,608,870$1,603,914$16,039,085
75$29,030,191$3,689,840$1,561,780$17,476,295
76$31,892,386$3,771,757$1,515,214$19,055,145
77$35,043,409$3,854,573$1,463,974$20,789,984
78$38,512,624$3,938,234$1,407,804$22,696,621
79$42,332,384$4,022,681$1,346,439$24,792,477
80$46,538,342$4,107,846$1,279,599$27,096,751
81$51,169,781$4,193,659$1,206,993$29,630,600
82$56,269,989$4,280,039$1,128,318$32,417,337
83$61,886,666$4,366,899$1,043,255$35,482,654
84$68,072,375$4,454,146$951,473$38,854,864
85$74,885,034$4,541,676$852,624$42,565,167
86$82,388,466$4,629,376$746,345$46,647,946
87$90,653,001$4,717,127$632,259$51,141,092
88$99,756,137$4,804,796$509,970$56,086,361
89$109,783,273$4,892,242$379,065$61,529,768
90$120,828,516$4,979,311$239,112$67,522,025
91$132,995,565$5,065,837$89,663$74,119,015
92$146,398,693$5,151,644$0$81,382,326
93$161,163,824$5,236,539$0$89,385,788
94$177,429,721$5,320,316$0$98,206,789
95$195,349,296$5,402,755$0$107,920,138
96$215,091,053$5,483,618$0$118,616,716
97$236,840,676$5,562,651$0$130,396,676
98$260,802,787$5,639,583$0$143,370,385
99$287,202,870$5,714,122$0$157,659,469
100$316,289,406$5,785,956$0$173,397,962