Can I retire at age 43 with 1,460,000?

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 $1,460,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.3%
1 years$120,565$119,492$118,444$117,421$116,422$115,786
2 years$59,686$58,574$57,497$56,452$55,439$54,797
3 years$39,395$38,279$37,204$36,170$35,173$34,545
4 years$29,252$28,139$27,075$26,058$25,086$24,476
5 years$23,168$22,061$21,011$20,015$19,070$18,481
6 years$19,113$18,015$16,980$16,006$15,089$14,522
7 years$16,217$15,129$14,111$13,160$12,272$11,726
8 years$14,047$12,968$11,967$11,039$10,180$9,657
9 years$12,360$11,291$10,307$9,403$8,573$8,072
10 years$11,011$9,953$8,986$8,106$7,305$6,825
11 years$9,908$8,860$7,911$7,054$6,283$5,823
12 years$8,989$7,952$7,021$6,188$5,444$5,006
13 years$8,213$7,187$6,273$5,463$4,748$4,330
14 years$7,548$6,532$5,636$4,849$4,162$3,764
15 years$6,972$5,968$5,089$4,325$3,664$3,286
16 years$6,468$5,475$4,614$3,872$3,238$2,879
17 years$6,025$5,042$4,198$3,479$2,871$2,530
18 years$5,631$4,659$3,832$3,135$2,553$2,229
19 years$5,279$4,318$3,508$2,833$2,276$1,969
20 years$4,962$4,013$3,220$2,566$2,033$1,742
21 years$4,676$3,738$2,962$2,329$1,819$1,545
22 years$4,416$3,489$2,730$2,117$1,631$1,371
23 years$4,180$3,263$2,520$1,928$1,464$1,219
24 years$3,963$3,057$2,331$1,759$1,316$1,085
25 years$3,764$2,869$2,159$1,606$1,184$967
26 years$3,581$2,697$2,002$1,469$1,066$862
27 years$3,411$2,538$1,859$1,344$961$769
28 years$3,254$2,391$1,728$1,232$867$687
29 years$3,108$2,256$1,608$1,129$783$614
30 years$2,972$2,131$1,498$1,037$708$549
31 years$2,845$2,014$1,397$952$640$491
32 years$2,726$1,906$1,303$875$579$440
33 years$2,615$1,805$1,217$805$524$394
34 years$2,510$1,710$1,137$740$474$353
35 years$2,412$1,622$1,063$681$430$316
36 years$2,319$1,540$994$628$389$283
37 years$2,231$1,463$931$578$353$254
38 years$2,149$1,390$872$533$320$228
39 years$2,070$1,322$817$491$290$204
40 years$1,996$1,257$765$453$263$183
41 years$1,926$1,197$718$418$239$164
42 years$1,859$1,140$673$386$217$148
43 years$1,795$1,086$632$356$197$132
44 years$1,735$1,035$593$329$178$119
45 years$1,677$987$557$304$162$107
46 years$1,622$942$523$281$147$96
47 years$1,570$899$491$259$134$86
48 years$1,519$858$462$240$121$77
49 years$1,471$819$434$221$110$69
50 years$1,425$783$408$205$100$62

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,460,000, adding $3,338 every year, while hoping to spend $44,184 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: 56/16/28 Blend
42$1,460,000$1,460,000$1,460,000$1,460,000
43$1,612,363$1,534,983$1,512,353$1,690,042
44$1,729,813$1,563,186$1,516,006$1,772,064
45$1,857,761$1,591,290$1,518,299$1,856,514
46$1,997,233$1,619,243$1,519,143$1,947,634
47$2,149,356$1,646,991$1,518,439$2,046,083
48$2,315,369$1,674,472$1,516,086$2,152,585
49$2,496,640$1,701,624$1,511,977$2,267,944
50$2,694,671$1,728,378$1,506,002$2,393,042
51$2,911,117$1,754,658$1,498,043$2,528,856
52$3,147,801$1,780,386$1,487,977$2,676,461
53$3,406,728$1,805,477$1,475,677$2,837,043
54$3,690,109$1,829,840$1,461,006$3,011,912
55$4,000,375$1,853,377$1,443,825$3,202,512
56$4,340,206$1,875,985$1,423,985$3,410,437
57$4,712,550$1,897,552$1,401,333$3,637,442
58$5,120,658$1,917,959$1,375,705$3,885,467
59$5,568,106$1,937,081$1,346,932$4,156,650
60$6,058,837$1,954,781$1,314,838$4,453,348
61$6,597,189$1,970,916$1,279,236$4,778,162
62$7,187,944$1,985,333$1,239,932$5,133,962
63$7,836,369$1,997,868$1,196,724$5,523,910
64$8,548,263$2,008,349$1,149,399$5,951,497
65$9,330,017$2,016,589$1,097,735$6,420,570
66$10,188,669$2,022,392$1,041,499$6,935,373
67$11,131,974$2,025,550$980,450$7,500,587
68$12,168,474$2,025,841$914,334$8,121,373
69$13,307,580$2,023,029$842,886$8,803,422
70$14,559,659$2,016,863$765,829$9,553,010
71$15,936,134$2,007,079$682,873$10,377,059
72$17,449,587$1,993,393$593,717$11,283,199
73$19,113,884$1,975,509$498,046$12,279,845
74$20,944,299$1,953,108$395,529$13,376,275
75$22,957,662$1,925,854$285,824$14,582,720
76$25,172,514$1,893,392$168,570$15,910,458
77$27,609,287$1,855,344$43,392$17,371,926
78$30,290,489$1,811,310$0$18,980,836
79$33,240,922$1,760,868$0$20,779,249
80$36,487,916$1,703,570$0$22,772,474
81$40,061,580$1,638,942$0$24,966,034
82$43,995,092$1,566,481$0$27,380,318
83$48,325,011$1,485,658$0$30,037,797
84$53,091,617$1,395,911$0$32,963,235
85$58,339,297$1,296,645$0$36,183,922
86$64,116,959$1,187,235$0$39,729,933
87$70,478,495$1,067,015$0$43,634,415
88$77,483,288$935,285$0$47,933,895
89$85,196,774$791,304$0$52,668,629
90$93,691,056$634,289$0$57,882,981
91$103,045,587$463,413$0$63,625,843
92$113,347,919$277,802$0$69,951,097
93$124,694,527$76,535$0$76,918,124
94$137,191,720$0$0$84,592,364
95$150,956,645$0$0$93,070,826
96$166,118,390$0$0$102,424,685
97$182,819,205$0$0$112,728,248
98$201,215,840$0$0$124,078,245
99$221,481,027$0$0$136,581,271
100$243,805,111$0$0$150,354,788