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%15.6%
1 years$131,301$130,131$128,990$127,876$126,789$123,875
2 years$65,000$63,790$62,617$61,479$60,376$57,456
3 years$42,903$41,687$40,517$39,390$38,305$35,470
4 years$31,857$30,645$29,486$28,378$27,319$24,592
5 years$25,231$24,026$22,882$21,797$20,768$18,156
6 years$20,815$19,619$18,492$17,432$16,433$13,938
7 years$17,662$16,476$15,367$14,331$13,364$10,988
8 years$15,298$14,123$13,033$12,022$11,087$8,828
9 years$13,460$12,296$11,225$10,240$9,337$7,193
10 years$11,991$10,839$9,786$8,827$7,955$5,925
11 years$10,790$9,649$8,616$7,682$6,842$4,922
12 years$9,790$8,661$7,646$6,738$5,929$4,116
13 years$8,944$7,827$6,831$5,949$5,170$3,461
14 years$8,220$7,114$6,138$5,281$4,532$2,923
15 years$7,593$6,499$5,542$4,710$3,991$2,478
16 years$7,044$5,963$5,024$4,217$3,527$2,107
17 years$6,561$5,491$4,572$3,789$3,127$1,797
18 years$6,132$5,074$4,174$3,415$2,781$1,535
19 years$5,749$4,703$3,821$3,085$2,478$1,314
20 years$5,404$4,370$3,507$2,794$2,214$1,126
21 years$5,092$4,071$3,225$2,536$1,981$966
22 years$4,810$3,800$2,973$2,306$1,776$830
23 years$4,552$3,554$2,745$2,100$1,594$714
24 years$4,316$3,330$2,538$1,915$1,433$615
25 years$4,099$3,125$2,351$1,749$1,289$530
26 years$3,900$2,937$2,180$1,599$1,161$456
27 years$3,715$2,764$2,025$1,464$1,047$394
28 years$3,544$2,604$1,882$1,341$945$340
29 years$3,385$2,457$1,752$1,230$853$293
30 years$3,237$2,320$1,632$1,129$771$253
31 years$3,098$2,193$1,521$1,037$697$218
32 years$2,969$2,075$1,419$953$630$189
33 years$2,847$1,965$1,325$876$570$163
34 years$2,734$1,863$1,238$806$517$141
35 years$2,626$1,767$1,158$742$468$122
36 years$2,525$1,677$1,083$683$424$105
37 years$2,430$1,593$1,014$630$384$91
38 years$2,340$1,514$949$580$348$79
39 years$2,255$1,439$889$535$316$68
40 years$2,174$1,369$833$494$286$59
41 years$2,097$1,304$782$455$260$51
42 years$2,024$1,241$733$420$236$44
43 years$1,955$1,183$688$388$214$38
44 years$1,889$1,128$646$358$194$33
45 years$1,826$1,075$606$331$176$28
46 years$1,766$1,026$569$306$160$25
47 years$1,709$979$535$282$145$21
48 years$1,655$934$503$261$132$18
49 years$1,602$892$473$241$120$16
50 years$1,552$852$444$223$109$14

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 $6,716 every year, while hoping to spend $59,603 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: 66/20/14 Blend
42$1,590,000$1,590,000$1,590,000$1,590,000
43$1,759,108$1,674,838$1,650,193$1,869,015
44$1,875,119$1,693,487$1,642,057$1,961,883
45$2,000,967$1,711,054$1,631,651$2,055,757
46$2,137,590$1,727,420$1,618,836$2,156,874
47$2,286,023$1,742,463$1,603,466$2,265,939
48$2,447,405$1,756,050$1,585,389$2,383,729
49$2,622,985$1,768,042$1,564,445$2,511,103
50$2,814,142$1,778,288$1,540,466$2,649,006
51$3,022,391$1,786,631$1,513,278$2,798,483
52$3,249,399$1,792,900$1,482,697$2,960,684
53$3,497,002$1,796,916$1,448,532$3,136,879
54$3,767,220$1,798,489$1,410,581$3,328,469
55$4,062,276$1,797,414$1,368,635$3,536,997
56$4,384,617$1,793,477$1,322,474$3,764,167
57$4,736,939$1,786,448$1,271,868$4,011,859
58$5,122,209$1,776,086$1,216,577$4,282,143
59$5,543,692$1,762,132$1,156,350$4,577,307
60$6,004,985$1,744,313$1,090,925$4,899,870
61$6,510,049$1,722,340$1,020,026$5,252,613
62$7,063,245$1,695,906$943,368$5,638,603
63$7,669,376$1,664,685$860,651$6,061,222
64$8,333,732$1,628,334$771,562$6,524,199
65$9,062,137$1,586,487$675,774$7,031,647
66$9,861,008$1,538,757$572,945$7,588,103
67$10,737,411$1,484,737$462,719$8,198,570
68$11,699,131$1,423,993$344,725$8,868,565
69$12,754,742$1,356,068$218,572$9,604,172
70$13,913,686$1,280,477$83,855$10,412,100
71$15,186,370$1,196,707$0$11,299,746
72$16,584,251$1,104,218$0$12,284,220
73$18,119,956$1,002,436$0$13,379,515
74$19,807,393$890,756$0$14,583,082
75$21,661,883$768,539$0$15,905,930
76$23,700,306$635,108$0$17,360,194
77$25,941,258$489,750$0$18,959,249
78$28,405,230$331,711$0$20,717,838
79$31,114,791$160,193$0$22,652,212
80$34,094,814$0$0$24,780,281
81$37,372,697$0$0$27,127,432
82$40,978,632$0$0$29,748,384
83$44,945,880$0$0$32,632,073
84$49,311,091$0$0$35,805,153
85$54,114,647$0$0$39,296,992
86$59,401,042$0$0$43,139,949
87$65,219,299$0$0$47,369,681
88$71,623,439$0$0$52,025,472
89$78,672,981$0$0$57,150,613
90$86,433,511$0$0$62,792,803
91$94,977,296$0$0$69,004,599
92$104,383,965$0$0$75,843,918
93$114,741,262$0$0$83,374,574
94$126,145,873$0$0$91,666,885
95$138,704,335$0$0$100,798,338
96$152,534,046$0$0$110,854,314
97$167,764,366$0$0$121,928,898
98$184,537,842$0$0$134,125,764
99$203,011,550$0$0$147,559,154
100$223,358,578$0$0$162,354,955