Can I retire at age 43 with 1,580,000?

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 $1,580,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$130,475$129,313$128,179$127,072$125,991$121,184
2 years$64,592$63,389$62,223$61,092$59,996$55,209
3 years$42,633$41,425$40,262$39,142$38,064$33,448
4 years$31,656$30,452$29,301$28,200$27,147$22,738
5 years$25,072$23,875$22,738$21,660$20,637$16,446
6 years$20,684$19,495$18,376$17,322$16,329$12,359
7 years$17,550$16,372$15,271$14,241$13,280$9,529
8 years$15,202$14,034$12,951$11,947$11,017$7,482
9 years$13,376$12,219$11,154$10,176$9,278$5,953
10 years$11,916$10,771$9,725$8,772$7,905$4,785
11 years$10,722$9,588$8,561$7,634$6,799$3,876
12 years$9,728$8,606$7,598$6,696$5,892$3,159
13 years$8,888$7,777$6,788$5,912$5,138$2,587
14 years$8,168$7,069$6,099$5,248$4,504$2,127
15 years$7,545$6,458$5,507$4,680$3,965$1,754
16 years$7,000$5,925$4,993$4,190$3,505$1,450
17 years$6,520$5,457$4,543$3,765$3,107$1,202
18 years$6,093$5,042$4,147$3,393$2,763$997
19 years$5,712$4,673$3,797$3,066$2,463$829
20 years$5,370$4,343$3,484$2,777$2,200$690
21 years$5,060$4,045$3,205$2,520$1,969$574
22 years$4,779$3,776$2,954$2,291$1,765$479
23 years$4,523$3,531$2,727$2,087$1,584$399
24 years$4,289$3,309$2,522$1,903$1,424$333
25 years$4,073$3,105$2,336$1,738$1,281$278
26 years$3,875$2,918$2,167$1,589$1,154$232
27 years$3,692$2,746$2,012$1,455$1,040$194
28 years$3,521$2,588$1,870$1,333$939$162
29 years$3,363$2,441$1,741$1,222$848$136
30 years$3,216$2,306$1,621$1,122$766$113
31 years$3,079$2,180$1,512$1,030$692$95
32 years$2,950$2,062$1,410$947$626$79
33 years$2,830$1,953$1,317$871$567$66
34 years$2,716$1,851$1,230$801$513$55
35 years$2,610$1,756$1,150$737$465$46
36 years$2,509$1,666$1,076$679$421$39
37 years$2,415$1,583$1,007$626$382$32
38 years$2,325$1,504$943$577$346$27
39 years$2,240$1,430$884$532$314$23
40 years$2,160$1,361$828$491$285$19
41 years$2,084$1,295$777$453$258$16
42 years$2,012$1,234$728$418$234$13
43 years$1,943$1,175$684$386$213$11
44 years$1,877$1,120$642$356$193$9
45 years$1,815$1,068$603$329$175$8
46 years$1,755$1,019$566$304$159$7
47 years$1,699$973$532$281$144$5
48 years$1,644$929$500$259$131$5
49 years$1,592$887$470$240$119$4
50 years$1,543$847$441$221$108$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,580,000, adding $5,863 every year, while hoping to spend $59,859 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: 48/37/15 Blend
42$1,580,000$1,580,000$1,580,000$1,580,000
43$1,747,208$1,663,468$1,638,978$1,823,491
44$1,861,733$1,681,288$1,630,194$1,894,655
45$1,985,934$1,697,975$1,619,110$1,965,255
46$2,120,735$1,713,411$1,605,585$2,040,603
47$2,267,150$1,727,469$1,589,472$2,121,163
48$2,426,297$1,740,013$1,570,618$2,207,450
49$2,599,407$1,750,901$1,548,861$2,300,035
50$2,787,831$1,759,979$1,524,032$2,399,547
51$2,993,058$1,767,086$1,495,955$2,506,684
52$3,216,725$1,772,049$1,464,445$2,622,216
53$3,460,635$1,774,683$1,429,308$2,746,995
54$3,726,772$1,774,795$1,390,341$2,881,965
55$4,017,318$1,772,176$1,347,334$3,028,166
56$4,334,679$1,766,607$1,300,064$3,186,751
57$4,681,500$1,757,854$1,248,300$3,358,993
58$5,060,694$1,745,670$1,191,799$3,546,300
59$5,475,469$1,729,792$1,130,308$3,750,228
60$5,929,356$1,709,941$1,063,563$3,972,494
61$6,426,245$1,685,822$991,286$4,215,000
62$6,970,417$1,657,123$913,190$4,479,845
63$7,566,588$1,623,511$828,971$4,769,346
64$8,219,953$1,584,635$738,314$5,086,068
65$8,936,230$1,540,124$640,889$5,432,840
66$9,721,719$1,489,584$536,353$5,812,788
67$10,583,360$1,432,599$424,346$6,229,366
68$11,528,793$1,368,727$304,492$6,686,387
69$12,566,437$1,297,502$176,400$7,188,062
70$13,705,565$1,218,431$39,660$7,739,041
71$14,956,391$1,130,992$0$8,344,459
72$16,330,165$1,034,633$0$9,026,993
73$17,839,284$928,772$0$9,783,772
74$19,497,401$812,792$0$10,615,425
75$21,319,560$686,042$0$11,529,657
76$23,322,331$547,835$0$12,534,965
77$25,523,973$397,442$0$13,640,725
78$27,944,599$234,098$0$14,857,278
79$30,606,370$56,991$0$16,196,030
80$33,533,701$0$0$17,669,564
81$36,753,493$0$0$19,346,616
82$40,295,383$0$0$21,217,157
83$44,192,027$0$0$23,275,255
84$48,479,404$0$0$25,539,938
85$53,197,157$0$0$28,032,173
86$58,388,965$0$0$30,775,061
87$64,102,957$0$0$33,794,058
88$70,392,163$0$0$37,117,210
89$77,315,015$0$0$40,775,424
90$84,935,899$0$0$44,802,750
91$93,325,757$0$0$49,236,714
92$102,562,762$0$0$54,118,661
93$112,733,051$0$0$59,494,149
94$123,931,540$0$0$65,413,383
95$136,262,817$0$0$71,931,679
96$149,842,126$0$0$79,109,995
97$164,796,461$0$0$87,015,499
98$181,265,756$0$0$95,722,208
99$199,404,212$0$0$105,311,681
100$219,381,745$0$0$115,873,794