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

Use the below retirement simulation to view the chances of a successful retirement.
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%18.2%
1 years$132,952$131,768$130,613$129,485$128,384$124,125
2 years$65,818$64,592$63,404$62,252$61,135$56,886
3 years$43,443$42,212$41,027$39,886$38,787$34,680
4 years$32,257$31,030$29,857$28,735$27,663$23,731
5 years$25,548$24,328$23,170$22,072$21,029$17,282
6 years$21,076$19,866$18,725$17,651$16,639$13,080
7 years$17,884$16,683$15,561$14,512$13,532$10,160
8 years$15,490$14,300$13,197$12,173$11,226$8,039
9 years$13,630$12,451$11,366$10,369$9,454$6,448
10 years$12,142$10,975$9,909$8,938$8,055$5,225
11 years$10,926$9,770$8,724$7,779$6,928$4,269
12 years$9,913$8,769$7,742$6,823$6,004$3,509
13 years$9,056$7,925$6,917$6,024$5,235$2,900
14 years$8,323$7,204$6,215$5,347$4,589$2,406
15 years$7,688$6,581$5,611$4,769$4,041$2,002
16 years$7,133$6,038$5,088$4,270$3,571$1,671
17 years$6,644$5,560$4,630$3,837$3,166$1,398
18 years$6,209$5,138$4,226$3,458$2,815$1,172
19 years$5,821$4,762$3,869$3,124$2,509$983
20 years$5,472$4,425$3,551$2,830$2,242$826
21 years$5,157$4,122$3,266$2,568$2,006$695
22 years$4,870$3,847$3,010$2,335$1,798$585
23 years$4,609$3,598$2,779$2,126$1,614$493
24 years$4,370$3,372$2,570$1,939$1,451$416
25 years$4,151$3,164$2,381$1,771$1,305$351
26 years$3,949$2,974$2,208$1,619$1,176$296
27 years$3,762$2,799$2,050$1,482$1,060$250
28 years$3,588$2,637$1,906$1,358$957$211
29 years$3,427$2,488$1,774$1,245$864$178
30 years$3,277$2,349$1,652$1,143$780$151
31 years$3,137$2,221$1,540$1,050$706$127
32 years$3,006$2,102$1,437$965$638$108
33 years$2,883$1,990$1,342$887$578$91
34 years$2,768$1,886$1,254$816$523$77
35 years$2,659$1,789$1,172$751$474$65
36 years$2,557$1,698$1,096$692$429$55
37 years$2,461$1,613$1,026$638$389$47
38 years$2,369$1,533$961$588$353$39
39 years$2,283$1,457$900$542$320$33
40 years$2,201$1,387$844$500$290$28
41 years$2,123$1,320$791$461$263$24
42 years$2,050$1,257$742$426$239$20
43 years$1,980$1,198$697$393$217$17
44 years$1,913$1,142$654$363$197$14
45 years$1,849$1,089$614$335$179$12
46 years$1,789$1,039$577$309$162$10
47 years$1,731$991$542$286$147$9
48 years$1,675$946$509$264$134$7
49 years$1,623$904$479$244$121$6
50 years$1,572$863$450$226$110$5

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 $2,032 every year, while hoping to spend $28,654 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: 47/40/13 Blend
42$1,610,000$1,610,000$1,610,000$1,610,000
43$1,776,316$1,690,986$1,666,031$1,853,252
44$1,927,013$1,743,357$1,691,355$1,959,023
45$2,092,120$1,797,333$1,716,568$2,070,644
46$2,273,078$1,852,964$1,741,634$2,191,151
47$2,471,471$1,910,299$1,766,519$2,321,381
48$2,689,047$1,969,389$1,791,183$2,462,256
49$2,927,728$2,030,287$1,815,585$2,614,788
50$3,189,633$2,093,048$1,839,685$2,780,093
51$3,477,096$2,157,728$1,863,434$2,959,395
52$3,792,686$2,224,383$1,886,786$3,154,044
53$4,139,236$2,293,074$1,909,690$3,365,524
54$4,519,865$2,363,862$1,932,091$3,595,470
55$4,938,008$2,436,808$1,953,933$3,845,680
56$5,397,451$2,511,977$1,975,156$4,118,134
57$5,902,364$2,589,437$1,995,696$4,415,010
58$6,457,341$2,669,255$2,015,488$4,738,709
59$7,067,443$2,751,502$2,034,459$5,091,871
60$7,738,246$2,836,249$2,052,538$5,477,406
61$8,475,893$2,923,572$2,069,644$5,898,515
62$9,287,153$3,013,546$2,085,696$6,358,726
63$10,179,484$3,106,251$2,100,608$6,861,923
64$11,161,101$3,201,767$2,114,288$7,412,383
65$12,241,057$3,300,177$2,126,641$8,014,817
66$13,429,327$3,401,568$2,137,565$8,674,413
67$14,736,901$3,506,027$2,146,956$9,396,887
68$16,175,887$3,613,644$2,154,701$10,188,533
69$17,759,628$3,724,513$2,160,684$11,056,285
70$19,502,825$3,838,730$2,164,782$12,007,783
71$21,421,677$3,956,392$2,166,867$13,051,439
72$23,534,034$4,077,601$2,166,802$14,196,523
73$25,859,562$4,202,460$2,164,447$15,453,246
74$28,419,934$4,331,077$2,159,652$16,832,858
75$31,239,028$4,463,561$2,152,262$18,347,752
76$34,343,159$4,600,024$2,142,112$20,011,583
77$37,761,319$4,740,584$2,129,031$21,839,393
78$41,525,460$4,885,359$2,112,840$23,847,756
79$45,670,786$5,034,471$2,093,349$26,054,933
80$50,236,092$5,188,045$2,070,362$28,481,043
81$55,264,126$5,346,212$2,043,672$31,148,255
82$60,801,994$5,509,104$2,013,062$34,080,993
83$66,901,604$5,676,856$1,978,306$37,306,168
84$73,620,155$5,849,610$1,939,166$40,853,435
85$81,020,677$6,027,507$1,895,395$44,755,465
86$89,172,628$6,210,697$1,846,733$49,048,261
87$98,152,545$6,399,330$1,792,907$53,771,492
88$108,044,769$6,593,561$1,733,634$58,968,868
89$118,942,241$6,793,551$1,668,616$64,688,555
90$130,947,377$6,999,463$1,597,542$70,983,626
91$144,173,038$7,211,465$1,520,088$77,912,562
92$158,743,590$7,429,729$1,435,914$85,539,805
93$174,796,084$7,654,433$1,344,664$93,936,365
94$192,481,542$7,885,758$1,245,968$103,180,490
95$211,966,389$8,123,890$1,139,437$113,358,404
96$233,434,019$8,369,019$1,024,667$124,565,121
97$257,086,531$8,621,343$901,235$136,905,340
98$283,146,629$8,881,060$768,699$150,494,436
99$311,859,731$9,148,378$626,596$165,459,543
100$343,496,282$9,423,508$474,446$181,940,760