Can I retire at age 43 with 1,490,000?

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 $1,490,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$123,043$121,947$120,878$119,834$118,815$114,645
2 years$60,912$59,778$58,678$57,612$56,578$52,421
3 years$40,205$39,065$37,969$36,913$35,896$31,881
4 years$29,853$28,717$27,632$26,594$25,601$21,761
5 years$23,644$22,515$21,443$20,426$19,462$15,805
6 years$19,505$18,385$17,329$16,335$15,399$11,930
7 years$16,551$15,440$14,401$13,430$12,524$9,240
8 years$14,336$13,235$12,213$11,266$10,390$7,290
9 years$12,614$11,523$10,519$9,596$8,750$5,829
10 years$11,237$10,157$9,171$8,272$7,455$4,709
11 years$10,111$9,042$8,074$7,199$6,412$3,834
12 years$9,174$8,116$7,165$6,315$5,556$3,142
13 years$8,381$7,334$6,402$5,575$4,845$2,587
14 years$7,703$6,667$5,752$4,949$4,247$2,139
15 years$7,115$6,090$5,193$4,413$3,740$1,774
16 years$6,601$5,588$4,708$3,952$3,305$1,475
17 years$6,148$5,146$4,284$3,551$2,930$1,230
18 years$5,746$4,755$3,911$3,200$2,606$1,027
19 years$5,387$4,407$3,580$2,891$2,322$858
20 years$5,064$4,095$3,286$2,619$2,074$719
21 years$4,772$3,815$3,022$2,377$1,856$602
22 years$4,507$3,561$2,786$2,161$1,664$505
23 years$4,266$3,330$2,572$1,968$1,494$424
24 years$4,045$3,120$2,379$1,795$1,343$356
25 years$3,841$2,928$2,203$1,639$1,208$299
26 years$3,654$2,752$2,043$1,499$1,088$252
27 years$3,481$2,590$1,897$1,372$981$211
28 years$3,321$2,441$1,764$1,257$885$178
29 years$3,172$2,302$1,641$1,153$799$150
30 years$3,033$2,174$1,529$1,058$722$126
31 years$2,903$2,055$1,425$972$653$106
32 years$2,782$1,945$1,330$893$591$89
33 years$2,668$1,842$1,242$821$535$75
34 years$2,562$1,746$1,160$755$484$63
35 years$2,461$1,656$1,085$695$438$53
36 years$2,366$1,572$1,015$640$397$45
37 years$2,277$1,493$950$590$360$38
38 years$2,193$1,418$889$544$326$32
39 years$2,113$1,349$833$502$296$27
40 years$2,037$1,283$781$463$268$23
41 years$1,965$1,222$732$427$244$19
42 years$1,897$1,163$687$394$221$16
43 years$1,832$1,108$645$364$201$13
44 years$1,770$1,057$605$336$182$11
45 years$1,711$1,008$568$310$165$10
46 years$1,655$961$534$286$150$8
47 years$1,602$917$501$265$136$7
48 years$1,551$876$471$244$124$6
49 years$1,502$836$443$226$112$5
50 years$1,455$799$416$209$102$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,490,000, adding $5,160 every year, while hoping to spend $50,686 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: 59/23/18 Blend
42$1,490,000$1,490,000$1,490,000$1,490,000
43$1,647,303$1,568,333$1,545,238$1,736,483
44$1,761,398$1,591,251$1,543,073$1,820,383
45$1,885,432$1,613,594$1,539,138$1,905,818
46$2,020,366$1,635,280$1,533,319$1,997,834
47$2,167,255$1,656,221$1,525,497$2,097,076
48$2,327,262$1,676,323$1,515,548$2,204,254
49$2,501,668$1,695,487$1,503,344$2,320,151
50$2,691,878$1,713,606$1,488,746$2,445,632
51$2,899,444$1,730,568$1,471,614$2,581,651
52$3,126,071$1,746,249$1,451,796$2,729,259
53$3,373,637$1,760,522$1,429,138$2,889,619
54$3,644,209$1,773,248$1,403,475$3,064,010
55$3,940,063$1,784,282$1,374,636$3,253,844
56$4,263,704$1,793,466$1,342,441$3,460,681
57$4,617,892$1,800,637$1,306,703$3,686,240
58$5,005,664$1,805,615$1,267,225$3,932,416
59$5,430,368$1,808,216$1,223,803$4,201,302
60$5,895,685$1,808,239$1,176,221$4,495,206
61$6,405,675$1,805,473$1,124,254$4,816,673
62$6,964,806$1,799,693$1,067,668$5,168,510
63$7,577,999$1,790,661$1,006,218$5,553,816
64$8,250,676$1,778,124$939,647$5,976,005
65$8,988,807$1,761,814$867,687$6,438,846
66$9,798,969$1,741,446$790,059$6,946,494
67$10,688,406$1,716,720$706,468$7,503,533
68$11,665,100$1,687,315$616,611$8,115,017
69$12,737,840$1,652,893$520,167$8,786,522
70$13,916,311$1,613,096$416,804$9,524,196
71$15,211,181$1,567,545$306,173$10,334,818
72$16,634,203$1,515,836$187,912$11,225,867
73$18,198,325$1,457,545$61,640$12,205,587
74$19,917,812$1,392,223$0$13,283,072
75$21,808,379$1,319,392$0$14,482,390
76$23,887,340$1,238,549$0$15,814,102
77$26,173,773$1,149,162$0$17,278,631
78$28,688,695$1,050,667$0$18,889,506
79$31,455,262$942,470$0$20,661,639
80$34,498,989$823,942$0$22,611,466
81$37,847,988$694,417$0$24,757,104
82$41,533,233$553,194$0$27,118,523
83$45,588,853$399,530$0$29,717,732
84$50,052,452$232,643$0$32,578,992
85$54,965,464$51,704$0$35,729,042
86$60,373,544$0$0$39,197,354
87$66,327,000$0$0$43,052,899
88$72,881,261$0$0$47,312,094
89$80,097,408$0$0$52,001,562
90$88,042,743$0$0$57,165,061
91$96,791,427$0$0$62,850,805
92$106,425,179$0$0$69,111,925
93$117,034,046$0$0$76,006,965
94$128,717,253$0$0$83,600,436
95$141,584,138$0$0$91,963,426
96$155,755,183$0$0$101,174,266
97$171,363,153$0$0$111,319,274
98$188,554,345$0$0$122,493,569
99$207,489,972$0$0$134,801,962
100$228,347,679$0$0$148,359,955