Can I retire at age 43 with 1,620,000?

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 $1,620,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$133,778$132,586$131,424$130,289$129,181$125,247
2 years$66,227$64,993$63,798$62,639$61,515$57,585
3 years$43,713$42,474$41,282$40,133$39,028$35,225
4 years$32,458$31,223$30,042$28,914$27,835$24,189
5 years$25,707$24,479$23,314$22,209$21,160$17,680
6 years$21,207$19,989$18,841$17,760$16,743$13,433
7 years$17,995$16,787$15,657$14,602$13,616$10,476
8 years$15,586$14,389$13,279$12,249$11,296$8,323
9 years$13,714$12,528$11,437$10,434$9,513$6,705
10 years$12,217$11,043$9,971$8,994$8,106$5,457
11 years$10,994$9,831$8,778$7,827$6,971$4,478
12 years$9,974$8,824$7,790$6,866$6,041$3,699
13 years$9,113$7,974$6,960$6,061$5,268$3,071
14 years$8,375$7,248$6,254$5,381$4,618$2,560
15 years$7,736$6,622$5,646$4,798$4,066$2,142
16 years$7,177$6,075$5,119$4,297$3,593$1,796
17 years$6,685$5,595$4,658$3,860$3,186$1,510
18 years$6,248$5,170$4,252$3,479$2,833$1,272
19 years$5,857$4,791$3,893$3,144$2,525$1,074
20 years$5,506$4,452$3,573$2,847$2,255$907
21 years$5,189$4,147$3,286$2,584$2,018$767
22 years$4,900$3,871$3,029$2,349$1,809$650
23 years$4,638$3,621$2,797$2,140$1,624$550
24 years$4,397$3,392$2,586$1,951$1,460$467
25 years$4,177$3,184$2,395$1,782$1,314$396
26 years$3,973$2,992$2,222$1,630$1,183$336
27 years$3,785$2,816$2,063$1,492$1,067$285
28 years$3,611$2,653$1,918$1,367$963$242
29 years$3,449$2,503$1,785$1,253$869$206
30 years$3,298$2,364$1,662$1,150$785$175
31 years$3,157$2,235$1,550$1,056$710$149
32 years$3,025$2,115$1,446$971$642$127
33 years$2,901$2,003$1,350$893$581$108
34 years$2,785$1,898$1,261$821$526$91
35 years$2,676$1,800$1,179$756$477$78
36 years$2,573$1,709$1,103$696$432$66
37 years$2,476$1,623$1,033$642$391$56
38 years$2,384$1,542$967$591$355$48
39 years$2,297$1,467$906$545$322$41
40 years$2,215$1,395$849$503$292$35
41 years$2,137$1,328$796$464$265$30
42 years$2,062$1,265$747$428$240$25
43 years$1,992$1,205$701$395$218$21
44 years$1,925$1,149$658$365$198$18
45 years$1,861$1,095$618$337$180$15
46 years$1,800$1,045$580$311$163$13
47 years$1,742$997$545$288$148$11
48 years$1,686$952$512$266$135$10
49 years$1,633$909$481$246$122$8
50 years$1,582$868$453$227$111$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,620,000, adding $3,762 every year, while hoping to spend $38,542 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: 54/20/26 Blend
42$1,620,000$1,620,000$1,620,000$1,620,000
43$1,789,121$1,703,261$1,678,151$1,872,664
44$1,930,602$1,745,712$1,693,360$1,973,154
45$2,085,224$1,788,952$1,707,788$2,078,209
46$2,254,284$1,832,978$1,721,366$2,191,797
47$2,439,214$1,877,786$1,734,025$2,314,749
48$2,641,589$1,923,373$1,745,690$2,447,981
49$2,863,144$1,969,731$1,756,283$2,592,504
50$3,105,789$2,016,853$1,765,723$2,749,431
51$3,371,628$2,064,727$1,773,923$2,919,988
52$3,662,977$2,113,342$1,780,793$3,105,528
53$3,982,389$2,162,684$1,786,238$3,307,540
54$4,332,673$2,212,736$1,790,157$3,527,667
55$4,716,924$2,263,478$1,792,446$3,767,718
56$5,138,553$2,314,891$1,792,995$4,029,688
57$5,601,313$2,366,948$1,791,688$4,315,776
58$6,109,341$2,419,623$1,788,404$4,628,404
59$6,667,194$2,472,885$1,783,015$4,970,244
60$7,279,891$2,526,699$1,775,390$5,344,241
61$7,952,962$2,581,029$1,765,387$5,753,638
62$8,692,497$2,635,833$1,752,861$6,202,014
63$9,505,207$2,691,064$1,737,657$6,693,310
64$10,398,485$2,746,673$1,719,615$7,231,872
65$11,380,475$2,802,605$1,698,567$7,822,490
66$12,460,151$2,858,800$1,674,337$8,470,445
67$13,647,398$2,915,193$1,646,739$9,181,555
68$14,953,108$2,971,713$1,615,580$9,962,236
69$16,389,281$3,028,283$1,580,658$10,819,559
70$17,969,140$3,084,820$1,541,761$11,761,317
71$19,707,250$3,141,234$1,498,669$12,796,101
72$21,619,663$3,197,429$1,451,148$13,933,379
73$23,724,064$3,253,298$1,398,956$15,183,590
74$26,039,939$3,308,730$1,341,842$16,558,236
75$28,588,757$3,363,602$1,279,538$18,069,999
76$31,394,177$3,417,785$1,211,769$19,732,854
77$34,482,264$3,471,137$1,138,244$21,562,206
78$37,881,741$3,523,510$1,058,662$23,575,034
79$41,624,257$3,574,740$972,705$25,790,054
80$45,744,685$3,624,656$880,044$28,227,893
81$50,281,451$3,673,072$780,334$30,911,287
82$55,276,898$3,719,792$673,214$33,865,295
83$60,777,683$3,764,603$558,308$37,117,536
84$66,835,218$3,807,279$435,223$40,698,451
85$73,506,155$3,847,581$303,547$44,641,594
86$80,852,920$3,885,250$162,854$48,983,944
87$88,944,304$3,920,013$12,695$53,766,258
88$97,856,106$3,951,577$0$59,033,458
89$107,671,857$3,979,632$0$64,875,989
90$118,483,598$4,003,846$0$71,313,902
91$130,392,757$4,023,867$0$78,403,955
92$143,511,101$4,039,319$0$86,212,579
93$157,961,792$4,049,805$0$94,812,979
94$173,880,550$4,054,899$0$104,285,830
95$191,416,930$4,054,154$0$114,720,034
96$210,735,738$4,047,089$0$126,213,563
97$232,018,585$4,033,198$0$138,874,380
98$255,465,598$4,011,942$0$152,821,465
99$281,297,312$3,982,750$0$168,185,932
100$309,756,748$3,945,015$0$185,112,269