Can I retire at age 43 with 1,440,000?

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 $1,440,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$118,914$117,855$116,821$115,813$114,828$111,420
2 years$58,868$57,772$56,709$55,679$54,680$51,275
3 years$38,856$37,755$36,695$35,674$34,691$31,395
4 years$28,851$27,754$26,704$25,701$24,742$21,581
5 years$22,850$21,759$20,724$19,741$18,808$15,791
6 years$18,851$17,768$16,748$15,787$14,883$12,011
7 years$15,995$14,922$13,917$12,979$12,103$9,377
8 years$13,855$12,791$11,803$10,888$10,041$7,459
9 years$12,191$11,136$10,166$9,274$8,456$6,016
10 years$10,860$9,816$8,863$7,994$7,205$4,903
11 years$9,772$8,739$7,803$6,958$6,196$4,029
12 years$8,866$7,843$6,925$6,103$5,370$3,332
13 years$8,100$7,088$6,187$5,388$4,683$2,770
14 years$7,444$6,443$5,559$4,783$4,105$2,312
15 years$6,876$5,886$5,019$4,265$3,614$1,937
16 years$6,380$5,400$4,550$3,819$3,194$1,627
17 years$5,942$4,973$4,141$3,431$2,832$1,370
18 years$5,554$4,596$3,780$3,092$2,518$1,156
19 years$5,206$4,259$3,460$2,794$2,245$977
20 years$4,894$3,958$3,176$2,531$2,005$827
21 years$4,612$3,687$2,921$2,297$1,794$700
22 years$4,356$3,441$2,692$2,088$1,608$594
23 years$4,123$3,218$2,486$1,902$1,444$504
24 years$3,909$3,016$2,299$1,735$1,298$428
25 years$3,713$2,830$2,129$1,584$1,168$364
26 years$3,532$2,660$1,975$1,448$1,052$309
27 years$3,364$2,503$1,834$1,326$948$263
28 years$3,209$2,359$1,705$1,215$856$224
29 years$3,065$2,225$1,586$1,114$773$190
30 years$2,931$2,101$1,478$1,022$698$162
31 years$2,806$1,986$1,378$939$631$138
32 years$2,689$1,880$1,285$863$571$118
33 years$2,579$1,780$1,200$794$517$100
34 years$2,476$1,687$1,121$730$468$85
35 years$2,379$1,600$1,048$672$424$73
36 years$2,287$1,519$981$619$384$62
37 years$2,201$1,442$918$570$348$53
38 years$2,119$1,371$860$526$315$45
39 years$2,042$1,304$805$485$286$38
40 years$1,969$1,240$755$447$259$33
41 years$1,899$1,181$708$412$235$28
42 years$1,833$1,124$664$381$214$24
43 years$1,771$1,071$623$351$194$20
44 years$1,711$1,021$585$324$176$17
45 years$1,654$974$549$300$160$15
46 years$1,600$929$516$277$145$13
47 years$1,548$886$485$256$132$11
48 years$1,499$846$455$236$120$9
49 years$1,451$808$428$218$109$8
50 years$1,406$772$402$202$99$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,440,000, adding $2,420 every year, while hoping to spend $34,927 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: 79/5/16 Blend
42$1,440,000$1,440,000$1,440,000$1,440,000
43$1,589,376$1,513,056$1,490,736$1,709,326
44$1,714,331$1,550,034$1,503,514$1,825,667
45$1,850,860$1,587,653$1,515,549$1,948,593
46$2,000,107$1,625,908$1,526,780$2,082,495
47$2,163,332$1,664,792$1,537,141$2,228,459
48$2,341,922$1,704,296$1,546,565$2,387,679
49$2,537,402$1,744,411$1,554,979$2,561,473
50$2,751,455$1,785,124$1,562,308$2,751,291
51$2,985,931$1,826,423$1,568,473$2,958,731
52$3,242,868$1,868,291$1,573,390$3,185,554
53$3,524,514$1,910,710$1,576,971$3,433,698
54$3,833,339$1,953,660$1,579,125$3,705,301
55$4,172,069$1,997,118$1,579,755$4,002,717
56$4,543,702$2,041,059$1,578,759$4,328,539
57$4,951,544$2,085,455$1,576,031$4,685,626
58$5,399,234$2,130,274$1,571,460$5,077,125
59$5,890,780$2,175,483$1,564,929$5,506,507
60$6,430,601$2,221,042$1,556,315$5,977,594
61$7,023,560$2,266,912$1,545,490$6,494,598
62$7,675,019$2,313,045$1,532,319$7,062,162
63$8,390,880$2,359,394$1,516,661$7,685,399
64$9,177,648$2,405,903$1,498,368$8,369,945
65$10,042,491$2,452,515$1,477,286$9,122,010
66$10,993,302$2,499,165$1,453,252$9,948,439
67$12,038,780$2,545,785$1,426,097$10,856,770
68$13,188,508$2,592,301$1,395,643$11,855,315
69$14,453,043$2,638,631$1,361,705$12,953,231
70$15,844,020$2,684,690$1,324,089$14,160,607
71$17,374,254$2,730,385$1,282,590$15,488,565
72$19,057,868$2,775,613$1,236,997$16,949,357
73$20,910,421$2,820,269$1,187,086$18,556,488
74$22,949,057$2,864,234$1,132,626$20,324,839
75$25,192,665$2,907,386$1,073,374$22,270,807
76$27,662,060$2,949,591$1,009,075$24,412,464
77$30,380,175$2,990,706$939,464$26,769,725
78$33,372,280$3,030,578$864,263$29,364,536
79$36,666,219$3,069,043$783,183$32,221,081
80$40,292,674$3,105,927$695,920$35,366,012
81$44,285,453$3,141,043$602,159$38,828,699
82$48,681,807$3,174,193$501,570$42,641,508
83$53,522,785$3,205,162$393,806$46,840,107
84$58,853,620$3,233,725$278,509$51,463,804
85$64,724,151$3,259,640$155,301$56,555,915
86$71,189,303$3,282,650$23,792$62,164,176
87$78,309,593$3,302,481$0$68,341,192
88$86,151,710$3,318,842$0$75,164,833
89$94,789,142$3,331,423$0$82,684,716
90$104,302,865$3,339,893$0$90,967,253
91$114,782,113$3,343,903$0$100,090,112
92$126,325,215$3,343,081$0$110,138,876
93$139,040,527$3,337,032$0$121,207,855
94$153,047,450$3,325,336$0$133,400,977
95$168,477,560$3,307,547$0$146,832,764
96$185,475,847$3,283,194$0$161,629,418
97$204,202,088$3,251,775$0$177,930,009
98$224,832,349$3,212,759$0$195,887,788
99$247,560,647$3,165,583$0$215,671,635
100$272,600,788$3,109,651$0$237,467,651