Can I retire at age 43 with 1,530,000?

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 $1,530,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$126,346$125,221$124,123$123,051$122,004$120,181
2 years$62,548$61,383$60,254$59,159$58,097$56,265
3 years$41,284$40,114$38,988$37,904$36,859$35,074
4 years$30,655$29,488$28,373$27,308$26,288$24,564
5 years$24,278$23,119$22,019$20,975$19,984$18,326
6 years$20,029$18,878$17,795$16,774$15,813$14,223
7 years$16,995$15,854$14,787$13,791$12,860$11,339
8 years$14,721$13,590$12,541$11,569$10,669$9,216
9 years$12,952$11,832$10,801$9,854$8,984$7,600
10 years$11,539$10,430$9,417$8,494$7,655$6,337
11 years$10,383$9,285$8,291$7,392$6,584$5,331
12 years$9,420$8,334$7,358$6,484$5,705$4,516
13 years$8,606$7,531$6,574$5,725$4,975$3,848
14 years$7,910$6,846$5,906$5,082$4,361$3,295
15 years$7,306$6,254$5,333$4,532$3,840$2,832
16 years$6,778$5,738$4,835$4,058$3,394$2,442
17 years$6,313$5,284$4,399$3,646$3,009$2,112
18 years$5,901$4,883$4,016$3,286$2,676$1,831
19 years$5,532$4,525$3,677$2,969$2,385$1,590
20 years$5,200$4,205$3,374$2,689$2,130$1,384
21 years$4,900$3,917$3,104$2,440$1,906$1,206
22 years$4,628$3,656$2,860$2,219$1,709$1,052
23 years$4,380$3,420$2,641$2,021$1,534$919
24 years$4,153$3,204$2,443$1,843$1,379$804
25 years$3,945$3,007$2,262$1,683$1,241$703
26 years$3,752$2,826$2,098$1,539$1,117$616
27 years$3,575$2,660$1,948$1,409$1,007$540
28 years$3,410$2,506$1,811$1,291$909$473
29 years$3,257$2,364$1,686$1,184$821$415
30 years$3,114$2,233$1,570$1,086$742$364
31 years$2,981$2,111$1,464$998$671$320
32 years$2,857$1,997$1,366$917$607$281
33 years$2,740$1,891$1,275$843$549$247
34 years$2,630$1,793$1,191$776$497$217
35 years$2,527$1,700$1,114$714$450$191
36 years$2,430$1,614$1,042$658$408$168
37 years$2,338$1,533$975$606$370$147
38 years$2,252$1,457$913$559$335$130
39 years$2,170$1,385$856$515$304$114
40 years$2,092$1,318$802$475$276$100
41 years$2,018$1,254$752$438$250$88
42 years$1,948$1,195$705$404$227$78
43 years$1,881$1,138$662$373$206$68
44 years$1,818$1,085$621$345$187$60
45 years$1,757$1,035$583$318$170$53
46 years$1,700$987$548$294$154$46
47 years$1,645$942$515$272$140$41
48 years$1,592$899$484$251$127$36
49 years$1,542$859$455$232$115$32
50 years$1,494$820$428$214$105$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,530,000, adding $5,512 every year, while hoping to spend $56,770 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: 28/49/23 Blend
42$1,530,000$1,530,000$1,530,000$1,530,000
43$1,691,746$1,610,656$1,586,941$1,726,779
44$1,803,901$1,629,175$1,579,700$1,773,167
45$1,925,593$1,646,699$1,570,315$1,817,608
46$2,057,736$1,663,119$1,558,652$1,864,168
47$2,201,332$1,678,319$1,544,574$1,913,065
48$2,357,487$1,692,176$1,527,937$1,964,542
49$2,527,416$1,704,558$1,508,588$2,018,870
50$2,712,456$1,715,325$1,486,369$2,076,352
51$2,914,078$1,724,327$1,461,114$2,137,327
52$3,133,901$1,731,407$1,432,649$2,202,171
53$3,373,708$1,736,394$1,400,791$2,271,304
54$3,635,460$1,739,111$1,365,351$2,345,194
55$3,921,316$1,739,367$1,326,130$2,424,362
56$4,233,653$1,736,959$1,282,918$2,509,389
57$4,575,088$1,731,672$1,235,498$2,600,919
58$4,948,502$1,723,279$1,183,642$2,699,670
59$5,357,066$1,711,537$1,127,112$2,806,441
60$5,804,275$1,696,190$1,065,658$2,922,118
61$6,293,973$1,676,966$999,020$3,047,686
62$6,830,398$1,653,576$926,926$3,184,240
63$7,418,212$1,625,716$849,092$3,332,994
64$8,062,554$1,593,059$765,220$3,495,297
65$8,769,080$1,555,265$675,001$3,672,644
66$9,544,023$1,511,970$578,110$3,866,694
67$10,394,245$1,462,789$474,209$4,079,288
68$11,327,308$1,407,314$362,944$4,312,465
69$12,351,537$1,345,117$243,947$4,568,487
70$13,476,106$1,275,740$116,832$4,849,857
71$14,711,120$1,198,703$0$5,159,350
72$16,067,710$1,113,494$0$5,504,660
73$17,558,137$1,019,576$0$5,915,467
74$19,195,911$916,380$0$6,366,944
75$20,995,913$803,302$0$6,863,374
76$22,974,539$679,706$0$7,409,486
77$25,149,852$544,922$0$8,010,510
78$27,541,753$398,238$0$8,672,218
79$30,172,165$238,905$0$9,400,990
80$33,065,245$66,132$0$10,203,872
81$36,247,609$0$0$11,088,645
82$39,748,580$0$0$12,129,102
83$43,600,466$0$0$13,313,365
84$47,838,868$0$0$14,616,756
85$52,503,007$0$0$16,051,375
86$57,636,103$0$0$17,630,551
87$63,285,775$0$0$19,368,974
88$69,504,494$0$0$21,282,829
89$76,350,074$0$0$23,389,952
90$83,886,222$0$0$25,709,994
91$92,183,132$0$0$28,264,609
92$101,318,153$0$0$31,077,660
93$111,376,515$0$0$34,175,438
94$122,452,134$0$0$37,586,918
95$134,648,494$0$0$41,344,024
96$148,079,630$0$0$45,481,937
97$162,871,197$0$0$50,039,424
98$179,161,659$0$0$55,059,201
99$197,103,592$0$0$60,588,342
100$216,865,126$0$0$66,678,718