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%17.7%
1 years$131,301$130,131$128,990$127,876$126,789$122,829
2 years$65,000$63,790$62,617$61,479$60,376$56,421
3 years$42,903$41,687$40,517$39,390$38,305$34,480
4 years$31,857$30,645$29,486$28,378$27,319$23,653
5 years$25,231$24,026$22,882$21,797$20,768$17,271
6 years$20,815$19,619$18,492$17,432$16,433$13,108
7 years$17,662$16,476$15,367$14,331$13,364$10,211
8 years$15,298$14,123$13,033$12,022$11,087$8,103
9 years$13,460$12,296$11,225$10,240$9,337$6,519
10 years$11,991$10,839$9,786$8,827$7,955$5,300
11 years$10,790$9,649$8,616$7,682$6,842$4,343
12 years$9,790$8,661$7,646$6,738$5,929$3,583
13 years$8,944$7,827$6,831$5,949$5,170$2,970
14 years$8,220$7,114$6,138$5,281$4,532$2,473
15 years$7,593$6,499$5,542$4,710$3,991$2,066
16 years$7,044$5,963$5,024$4,217$3,527$1,730
17 years$6,561$5,491$4,572$3,789$3,127$1,453
18 years$6,132$5,074$4,174$3,415$2,781$1,222
19 years$5,749$4,703$3,821$3,085$2,478$1,029
20 years$5,404$4,370$3,507$2,794$2,214$868
21 years$5,092$4,071$3,225$2,536$1,981$733
22 years$4,810$3,800$2,973$2,306$1,776$620
23 years$4,552$3,554$2,745$2,100$1,594$525
24 years$4,316$3,330$2,538$1,915$1,433$444
25 years$4,099$3,125$2,351$1,749$1,289$376
26 years$3,900$2,937$2,180$1,599$1,161$319
27 years$3,715$2,764$2,025$1,464$1,047$270
28 years$3,544$2,604$1,882$1,341$945$229
29 years$3,385$2,457$1,752$1,230$853$194
30 years$3,237$2,320$1,632$1,129$771$165
31 years$3,098$2,193$1,521$1,037$697$140
32 years$2,969$2,075$1,419$953$630$119
33 years$2,847$1,965$1,325$876$570$101
34 years$2,734$1,863$1,238$806$517$86
35 years$2,626$1,767$1,158$742$468$73
36 years$2,525$1,677$1,083$683$424$62
37 years$2,430$1,593$1,014$630$384$52
38 years$2,340$1,514$949$580$348$45
39 years$2,255$1,439$889$535$316$38
40 years$2,174$1,369$833$494$286$32
41 years$2,097$1,304$782$455$260$27
42 years$2,024$1,241$733$420$236$23
43 years$1,955$1,183$688$388$214$20
44 years$1,889$1,128$646$358$194$17
45 years$1,826$1,075$606$331$176$14
46 years$1,766$1,026$569$306$160$12
47 years$1,709$979$535$282$145$10
48 years$1,655$934$503$261$132$9
49 years$1,602$892$473$241$120$7
50 years$1,552$852$444$223$109$6

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 $6,003 every year, while hoping to spend $58,504 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: 37/34/29 Blend
42$1,590,000$1,590,000$1,590,000$1,590,000
43$1,758,372$1,674,102$1,649,457$1,808,014
44$1,875,478$1,693,885$1,642,466$1,865,111
45$2,002,568$1,712,677$1,633,280$1,921,006
46$2,140,599$1,730,367$1,621,764$1,980,274
47$2,290,623$1,746,838$1,607,775$2,043,260
48$2,453,797$1,761,963$1,591,166$2,110,348
49$2,631,395$1,775,610$1,571,781$2,181,961
50$2,824,818$1,787,636$1,549,457$2,258,572
51$3,035,609$1,797,889$1,524,023$2,340,706
52$3,265,464$1,806,209$1,495,301$2,428,942
53$3,516,251$1,812,423$1,463,103$2,523,925
54$3,790,027$1,816,350$1,427,235$2,626,371
55$4,089,054$1,817,795$1,387,492$2,737,071
56$4,415,823$1,816,553$1,343,659$2,856,905
57$4,773,078$1,812,405$1,295,512$2,986,845
58$5,163,839$1,805,120$1,242,819$3,127,970
59$5,591,430$1,794,450$1,185,333$3,281,476
60$6,059,514$1,780,136$1,122,799$3,448,684
61$6,572,121$1,761,899$1,054,949$3,631,062
62$7,133,692$1,739,447$981,505$3,830,229
63$7,749,116$1,712,468$902,173$4,047,983
64$8,423,780$1,680,632$816,649$4,286,309
65$9,163,612$1,643,590$724,614$4,547,407
66$9,975,147$1,600,973$625,735$4,833,708
67$10,865,579$1,552,387$519,665$5,147,902
68$11,842,834$1,497,420$406,039$5,492,964
69$12,915,641$1,435,631$284,479$5,872,184
70$14,093,617$1,366,558$154,589$6,289,199
71$15,387,354$1,289,708$15,957$6,748,030
72$16,808,523$1,204,562$0$7,253,120
73$18,369,978$1,110,571$0$7,850,221
74$20,085,881$1,007,155$0$8,511,843
75$21,971,835$893,700$0$9,239,186
76$24,045,028$769,557$0$10,039,025
77$26,324,397$634,041$0$10,918,835
78$28,830,804$486,428$0$11,886,864
79$31,587,237$325,954$0$12,952,211
80$34,619,020$151,810$0$14,124,913
81$37,954,057$0$0$15,416,041
82$41,623,090$0$0$16,851,596
83$45,659,992$0$0$18,493,829
84$50,102,086$0$0$20,301,155
85$54,990,494$0$0$22,290,339
86$60,370,526$0$0$24,479,852
87$66,292,109$0$0$26,890,046
88$72,810,252$0$0$29,543,347
89$79,985,570$0$0$32,464,465
90$87,884,854$0$0$35,680,631
91$96,581,699$0$0$39,221,846
92$106,157,199$0$0$43,121,171
93$116,700,711$0$0$47,415,037
94$128,310,698$0$0$52,143,585
95$141,095,660$0$0$57,351,050
96$155,175,152$0$0$63,086,174
97$170,680,915$0$0$69,402,668
98$187,758,121$0$0$76,359,719
99$206,566,735$0$0$84,022,545
100$227,283,033$0$0$92,463,014