Can I retire at age 43 with 1,470,000?

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 $1,470,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$121,391$120,310$119,255$118,225$117,220$114,340
2 years$60,095$58,975$57,891$56,839$55,819$52,935
3 years$39,665$38,541$37,459$36,417$35,414$32,616
4 years$29,452$28,332$27,261$26,237$25,257$22,568
5 years$23,326$22,212$21,155$20,152$19,200$16,626
6 years$19,244$18,138$17,097$16,116$15,193$12,736
7 years$16,329$15,232$14,207$13,250$12,356$10,018
8 years$14,143$13,057$12,049$11,115$10,250$8,029
9 years$12,444$11,368$10,378$9,467$8,632$6,527
10 years$11,086$10,021$9,048$8,161$7,355$5,363
11 years$9,976$8,921$7,965$7,103$6,326$4,443
12 years$9,051$8,007$7,069$6,230$5,482$3,706
13 years$8,269$7,236$6,316$5,500$4,780$3,108
14 years$7,599$6,577$5,675$4,882$4,190$2,618
15 years$7,020$6,008$5,124$4,354$3,689$2,213
16 years$6,513$5,513$4,645$3,899$3,261$1,877
17 years$6,066$5,077$4,227$3,503$2,891$1,595
18 years$5,669$4,691$3,859$3,157$2,571$1,359
19 years$5,315$4,348$3,532$2,852$2,291$1,160
20 years$4,996$4,040$3,242$2,583$2,047$991
21 years$4,708$3,763$2,982$2,345$1,831$848
22 years$4,447$3,513$2,748$2,132$1,642$726
23 years$4,208$3,286$2,538$1,942$1,474$623
24 years$3,990$3,078$2,347$1,771$1,325$534
25 years$3,790$2,889$2,174$1,617$1,192$459
26 years$3,605$2,715$2,016$1,479$1,074$394
27 years$3,435$2,555$1,872$1,353$968$339
28 years$3,276$2,408$1,740$1,240$873$291
29 years$3,129$2,271$1,619$1,137$789$251
30 years$2,992$2,145$1,508$1,044$713$216
31 years$2,864$2,028$1,406$958$644$186
32 years$2,745$1,919$1,312$881$583$160
33 years$2,633$1,817$1,225$810$527$138
34 years$2,527$1,722$1,145$745$478$118
35 years$2,428$1,633$1,070$686$433$102
36 years$2,335$1,550$1,001$632$392$88
37 years$2,247$1,473$937$582$355$76
38 years$2,163$1,399$877$537$322$65
39 years$2,084$1,331$822$495$292$56
40 years$2,010$1,266$771$456$265$48
41 years$1,939$1,205$723$421$240$42
42 years$1,872$1,148$678$389$218$36
43 years$1,808$1,094$636$359$198$31
44 years$1,747$1,042$597$331$180$27
45 years$1,689$994$561$306$163$23
46 years$1,633$948$526$283$148$20
47 years$1,580$905$495$261$134$17
48 years$1,530$864$465$241$122$15
49 years$1,481$825$437$223$111$13
50 years$1,435$788$411$206$101$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,470,000, adding $2,349 every year, while hoping to spend $32,834 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: 57/27/16 Blend
42$1,470,000$1,470,000$1,470,000$1,470,000
43$1,622,363$1,544,453$1,521,668$1,707,944
44$1,752,909$1,585,196$1,537,709$1,807,003
45$1,895,670$1,626,835$1,553,186$1,911,115
46$2,051,858$1,669,379$1,568,047$2,023,817
47$2,222,806$1,712,837$1,582,235$2,145,940
48$2,409,982$1,757,217$1,595,691$2,278,401
49$2,615,005$1,802,526$1,608,352$2,422,206
50$2,839,656$1,848,769$1,620,151$2,578,465
51$3,085,895$1,895,953$1,631,020$2,748,401
52$3,355,883$1,944,082$1,640,887$2,933,359
53$3,652,000$1,993,158$1,649,673$3,134,823
54$3,976,866$2,043,185$1,657,299$3,354,426
55$4,333,368$2,094,162$1,663,680$3,593,968
56$4,724,685$2,146,090$1,668,726$3,855,430
57$5,154,319$2,198,965$1,672,346$4,140,998
58$5,626,130$2,252,784$1,674,439$4,453,076
59$6,144,366$2,307,542$1,674,904$4,794,317
60$6,713,710$2,363,230$1,673,632$5,167,642
61$7,339,320$2,419,839$1,670,510$5,576,268
62$8,026,877$2,477,358$1,665,419$6,023,743
63$8,782,642$2,535,773$1,658,234$6,513,973
64$9,613,511$2,595,065$1,648,824$7,051,265
65$10,527,083$2,655,217$1,637,054$7,640,364
66$11,531,729$2,716,206$1,622,778$8,286,497
67$12,636,671$2,778,005$1,605,847$8,995,426
68$13,852,071$2,840,588$1,586,103$9,773,500
69$15,189,126$2,903,920$1,563,380$10,627,716
70$16,660,170$2,967,966$1,537,508$11,565,783
71$18,278,797$3,032,686$1,508,303$12,596,197
72$20,059,981$3,098,034$1,475,578$13,728,322
73$22,020,224$3,163,962$1,439,135$14,972,477
74$24,177,706$3,230,415$1,398,765$16,340,031
75$26,552,461$3,297,335$1,354,252$17,843,517
76$29,166,562$3,364,655$1,305,371$19,496,744
77$32,044,334$3,432,305$1,251,883$21,314,930
78$35,212,575$3,500,207$1,193,540$23,314,849
79$38,700,819$3,568,278$1,130,085$25,514,983
80$42,541,605$3,636,426$1,061,245$27,935,703
81$46,770,790$3,704,553$986,738$30,599,456
82$51,427,885$3,772,550$906,268$33,530,982
83$56,556,428$3,840,304$819,527$36,757,546
84$62,204,393$3,907,689$726,191$40,309,193
85$68,424,646$3,974,570$625,923$44,219,038
86$75,275,440$4,040,805$518,372$48,523,571
87$82,820,967$4,106,236$403,169$53,263,011
88$91,131,962$4,170,697$279,931$58,481,679
89$100,286,370$4,234,010$148,257$64,228,418
90$110,370,085$4,295,982$7,729$70,557,058
91$121,477,756$4,356,407$0$77,526,923
92$133,713,682$4,415,066$0$85,227,671
93$147,192,796$4,471,723$0$93,710,057
94$162,041,750$4,526,126$0$103,052,241
95$178,400,109$4,578,006$0$113,341,815
96$196,421,668$4,627,077$0$124,675,301
97$216,275,906$4,673,031$0$137,159,068
98$238,149,582$4,715,543$0$150,910,335
99$262,248,499$4,754,265$0$166,058,276
100$288,799,447$4,788,825$0$182,745,240