Can I retire at age 43 with 1,610,000?

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 $1,610,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$132,952$131,768$130,613$129,485$128,384$125,077
2 years$65,818$64,592$63,404$62,252$61,135$57,826
3 years$43,443$42,212$41,027$39,886$38,787$35,578
4 years$32,257$31,030$29,857$28,735$27,663$24,580
5 years$25,548$24,328$23,170$22,072$21,029$18,080
6 years$21,076$19,866$18,725$17,651$16,639$13,827
7 years$17,884$16,683$15,561$14,512$13,532$10,857
8 years$15,490$14,300$13,197$12,173$11,226$8,687
9 years$13,630$12,451$11,366$10,369$9,454$7,049
10 years$12,142$10,975$9,909$8,938$8,055$5,781
11 years$10,926$9,770$8,724$7,779$6,928$4,780
12 years$9,913$8,769$7,742$6,823$6,004$3,980
13 years$9,056$7,925$6,917$6,024$5,235$3,331
14 years$8,323$7,204$6,215$5,347$4,589$2,800
15 years$7,688$6,581$5,611$4,769$4,041$2,362
16 years$7,133$6,038$5,088$4,270$3,571$1,998
17 years$6,644$5,560$4,630$3,837$3,166$1,695
18 years$6,209$5,138$4,226$3,458$2,815$1,441
19 years$5,821$4,762$3,869$3,124$2,509$1,227
20 years$5,472$4,425$3,551$2,830$2,242$1,046
21 years$5,157$4,122$3,266$2,568$2,006$893
22 years$4,870$3,847$3,010$2,335$1,798$763
23 years$4,609$3,598$2,779$2,126$1,614$653
24 years$4,370$3,372$2,570$1,939$1,451$559
25 years$4,151$3,164$2,381$1,771$1,305$479
26 years$3,949$2,974$2,208$1,619$1,176$410
27 years$3,762$2,799$2,050$1,482$1,060$352
28 years$3,588$2,637$1,906$1,358$957$302
29 years$3,427$2,488$1,774$1,245$864$259
30 years$3,277$2,349$1,652$1,143$780$222
31 years$3,137$2,221$1,540$1,050$706$191
32 years$3,006$2,102$1,437$965$638$164
33 years$2,883$1,990$1,342$887$578$141
34 years$2,768$1,886$1,254$816$523$121
35 years$2,659$1,789$1,172$751$474$104
36 years$2,557$1,698$1,096$692$429$89
37 years$2,461$1,613$1,026$638$389$77
38 years$2,369$1,533$961$588$353$66
39 years$2,283$1,457$900$542$320$57
40 years$2,201$1,387$844$500$290$49
41 years$2,123$1,320$791$461$263$42
42 years$2,050$1,257$742$426$239$36
43 years$1,980$1,198$697$393$217$31
44 years$1,913$1,142$654$363$197$27
45 years$1,849$1,089$614$335$179$23
46 years$1,789$1,039$577$309$162$20
47 years$1,731$991$542$286$147$17
48 years$1,675$946$509$264$134$15
49 years$1,623$904$479$244$121$12
50 years$1,572$863$450$226$110$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,610,000, adding $5,085 every year, while hoping to spend $56,244 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: 50/39/11 Blend
42$1,610,000$1,610,000$1,610,000$1,610,000
43$1,779,465$1,694,135$1,669,180$1,862,947
44$1,901,127$1,717,305$1,665,255$1,943,818
45$2,033,314$1,739,724$1,659,312$2,025,289
46$2,177,040$1,761,298$1,651,227$2,112,532
47$2,333,419$1,781,923$1,640,864$2,206,105
48$2,503,681$1,801,490$1,628,086$2,306,624
49$2,689,175$1,819,882$1,612,746$2,414,769
50$2,891,388$1,836,974$1,594,690$2,531,291
51$3,111,957$1,852,632$1,573,759$2,657,018
52$3,352,681$1,866,716$1,549,785$2,792,866
53$3,615,543$1,879,074$1,522,591$2,939,846
54$3,902,726$1,889,546$1,491,995$3,099,073
55$4,216,630$1,897,960$1,457,803$3,271,779
56$4,559,901$1,904,134$1,419,814$3,459,325
57$4,935,451$1,907,877$1,377,818$3,663,211
58$5,346,486$1,908,982$1,331,594$3,885,097
59$5,796,536$1,907,230$1,280,911$4,126,811
60$6,289,490$1,902,392$1,225,528$4,390,374
61$6,829,628$1,894,220$1,165,194$4,678,017
62$7,421,667$1,882,454$1,099,646$4,992,200
63$8,070,800$1,866,817$1,028,606$5,335,642
64$8,782,746$1,847,015$951,789$5,711,341
65$9,563,806$1,822,738$868,894$6,122,608
66$10,420,918$1,793,656$779,605$6,573,095
67$11,361,726$1,759,420$683,596$7,066,834
68$12,394,649$1,719,659$580,524$7,608,274
69$13,528,963$1,673,981$470,031$8,202,325
70$14,774,883$1,621,972$351,743$8,854,404
71$16,143,665$1,563,193$225,271$9,570,490
72$17,647,708$1,497,178$90,206$10,357,177
73$19,300,671$1,423,437$0$11,221,742
74$21,117,602$1,341,448$0$12,178,546
75$23,115,081$1,250,662$0$13,241,824
76$25,311,372$1,150,498$0$14,410,806
77$27,726,599$1,040,340$0$15,696,326
78$30,382,934$919,538$0$17,110,336
79$33,304,804$787,406$0$18,666,014
80$36,519,123$643,218$0$20,377,893
81$40,055,545$486,207$0$22,261,997
82$43,946,744$315,564$0$24,335,999
83$48,228,719$130,435$0$26,619,385
84$52,941,137$0$0$29,133,640
85$58,127,704$0$0$31,932,536
86$63,836,578$0$0$35,075,107
87$70,120,823$0$0$38,534,611
88$77,038,907$0$0$42,343,264
89$84,655,257$0$0$46,536,560
90$93,040,864$0$0$51,153,612
91$102,273,951$0$0$56,237,518
92$112,440,716$0$0$61,835,770
93$123,636,138$0$0$68,000,697
94$135,964,877$0$0$74,789,963
95$149,542,259$0$0$82,267,110
96$164,495,366$0$0$90,502,156
97$180,964,235$0$0$99,572,256
98$199,103,173$0$0$109,562,432
99$219,082,222$0$0$120,566,370
100$241,088,755$0$0$132,687,310