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%14.1%
1 years$132,952$131,768$130,613$129,485$128,384$126,205
2 years$65,818$64,592$63,404$62,252$61,135$58,947
3 years$43,443$42,212$41,027$39,886$38,787$36,657
4 years$32,257$31,030$29,857$28,735$27,663$25,608
5 years$25,548$24,328$23,170$22,072$21,029$19,055
6 years$21,076$19,866$18,725$17,651$16,639$14,749
7 years$17,884$16,683$15,561$14,512$13,532$11,725
8 years$15,490$14,300$13,197$12,173$11,226$9,502
9 years$13,630$12,451$11,366$10,369$9,454$7,813
10 years$12,142$10,975$9,909$8,938$8,055$6,495
11 years$10,926$9,770$8,724$7,779$6,928$5,447
12 years$9,913$8,769$7,742$6,823$6,004$4,600
13 years$9,056$7,925$6,917$6,024$5,235$3,906
14 years$8,323$7,204$6,215$5,347$4,589$3,333
15 years$7,688$6,581$5,611$4,769$4,041$2,855
16 years$7,133$6,038$5,088$4,270$3,571$2,454
17 years$6,644$5,560$4,630$3,837$3,166$2,114
18 years$6,209$5,138$4,226$3,458$2,815$1,826
19 years$5,821$4,762$3,869$3,124$2,509$1,581
20 years$5,472$4,425$3,551$2,830$2,242$1,370
21 years$5,157$4,122$3,266$2,568$2,006$1,190
22 years$4,870$3,847$3,010$2,335$1,798$1,034
23 years$4,609$3,598$2,779$2,126$1,614$900
24 years$4,370$3,372$2,570$1,939$1,451$784
25 years$4,151$3,164$2,381$1,771$1,305$683
26 years$3,949$2,974$2,208$1,619$1,176$596
27 years$3,762$2,799$2,050$1,482$1,060$520
28 years$3,588$2,637$1,906$1,358$957$454
29 years$3,427$2,488$1,774$1,245$864$397
30 years$3,277$2,349$1,652$1,143$780$347
31 years$3,137$2,221$1,540$1,050$706$303
32 years$3,006$2,102$1,437$965$638$265
33 years$2,883$1,990$1,342$887$578$232
34 years$2,768$1,886$1,254$816$523$203
35 years$2,659$1,789$1,172$751$474$178
36 years$2,557$1,698$1,096$692$429$156
37 years$2,461$1,613$1,026$638$389$136
38 years$2,369$1,533$961$588$353$119
39 years$2,283$1,457$900$542$320$104
40 years$2,201$1,387$844$500$290$91
41 years$2,123$1,320$791$461$263$80
42 years$2,050$1,257$742$426$239$70
43 years$1,980$1,198$697$393$217$61
44 years$1,913$1,142$654$363$197$54
45 years$1,849$1,089$614$335$179$47
46 years$1,789$1,039$577$309$162$41
47 years$1,731$991$542$286$147$36
48 years$1,675$946$509$264$134$32
49 years$1,623$904$479$244$121$28
50 years$1,572$863$450$226$110$24

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 $4,561 every year, while hoping to spend $25,147 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: 30/50/20 Blend
42$1,610,000$1,610,000$1,610,000$1,610,000
43$1,778,925$1,693,595$1,668,640$1,821,020
44$1,933,619$1,749,825$1,697,783$1,909,623
45$2,103,249$1,807,967$1,727,060$2,002,302
46$2,289,312$1,868,089$1,756,448$2,101,476
47$2,493,456$1,930,260$1,785,924$2,207,723
48$2,717,499$1,994,553$1,815,462$2,321,676
49$2,963,439$2,061,042$1,845,035$2,444,029
50$3,233,482$2,129,804$1,874,616$2,575,546
51$3,530,053$2,200,921$1,904,172$2,717,065
52$3,855,828$2,274,475$1,933,670$2,869,508
53$4,213,751$2,350,553$1,963,077$3,033,885
54$4,607,069$2,429,245$1,992,355$3,211,311
55$5,039,355$2,510,644$2,021,465$3,403,006
56$5,514,549$2,594,845$2,050,364$3,610,316
57$6,036,991$2,681,950$2,079,008$3,834,717
58$6,611,459$2,772,061$2,107,351$4,077,837
59$7,243,223$2,865,287$2,135,342$4,341,461
60$7,938,084$2,961,739$2,162,928$4,627,556
61$8,702,437$3,061,532$2,190,055$4,938,285
62$9,543,326$3,164,788$2,216,662$5,276,029
63$10,468,513$3,271,630$2,242,688$5,643,405
64$11,486,550$3,382,188$2,268,066$6,043,295
65$12,606,859$3,496,596$2,292,727$6,478,870
66$13,839,823$3,614,993$2,316,598$6,953,622
67$15,196,882$3,737,525$2,339,601$7,471,391
68$16,690,640$3,864,341$2,361,654$8,036,407
69$18,334,989$3,995,596$2,382,672$8,653,326
70$20,145,230$4,131,453$2,402,565$9,327,274
71$22,138,229$4,272,079$2,421,236$10,063,894
72$24,332,566$4,417,649$2,438,585$10,869,399
73$26,748,717$4,568,343$2,454,507$11,750,633
74$29,409,243$4,724,350$2,468,890$12,715,129
75$32,339,007$4,885,863$2,481,619$13,771,186
76$35,565,401$5,053,087$2,492,569$14,927,941
77$39,118,615$5,226,230$2,501,612$16,195,457
78$43,031,910$5,405,512$2,508,613$17,584,818
79$47,341,943$5,591,160$2,513,429$19,108,232
80$52,089,103$5,783,409$2,515,911$20,779,145
81$57,317,900$5,982,504$2,515,903$22,612,367
82$63,077,378$6,188,700$2,513,238$24,624,214
83$69,421,585$6,402,260$2,507,746$26,832,655
84$76,410,075$6,623,460$2,499,244$29,257,486
85$84,108,478$6,852,584$2,487,543$31,920,516
86$92,589,112$7,089,929$2,472,445$34,845,766
87$101,931,669$7,335,804$2,453,740$38,059,702
88$112,223,970$7,590,529$2,431,211$41,591,480
89$123,562,786$7,854,436$2,404,627$45,473,221
90$136,054,758$8,127,871$2,373,750$49,740,312
91$149,817,401$8,411,195$2,338,329$54,431,741
92$164,980,214$8,704,781$2,298,100$59,590,461
93$181,685,898$9,009,018$2,252,789$65,263,797
94$200,091,710$9,324,310$2,202,108$71,503,892
95$220,370,941$9,651,078$2,145,755$78,368,193
96$242,714,554$9,989,758$2,083,416$85,919,997
97$267,332,989$10,340,806$2,014,760$94,229,046
98$294,458,142$10,704,694$1,939,443$103,372,182
99$324,345,562$11,081,914$1,857,104$113,434,074
100$357,276,859$11,472,977$1,767,367$124,508,012