Can I retire at age 43 with 1,630,000?

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 $1,630,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$134,604$133,405$132,235$131,093$129,978$126,836
2 years$66,636$65,395$64,192$63,026$61,895$58,748
3 years$43,982$42,736$41,536$40,381$39,268$36,215
4 years$32,658$31,416$30,228$29,092$28,007$25,071
5 years$25,865$24,630$23,458$22,346$21,290$18,480
6 years$21,338$20,112$18,958$17,870$16,846$14,164
7 years$18,106$16,890$15,754$14,692$13,700$11,147
8 years$15,683$14,478$13,361$12,325$11,366$8,940
9 years$13,799$12,606$11,507$10,498$9,572$7,271
10 years$12,293$11,111$10,032$9,049$8,156$5,978
11 years$11,061$9,892$8,832$7,876$7,014$4,956
12 years$10,036$8,878$7,839$6,908$6,078$4,137
13 years$9,169$8,023$7,003$6,099$5,300$3,472
14 years$8,426$7,293$6,292$5,414$4,646$2,926
15 years$7,784$6,662$5,681$4,828$4,091$2,476
16 years$7,222$6,113$5,151$4,323$3,616$2,101
17 years$6,726$5,629$4,687$3,884$3,206$1,787
18 years$6,286$5,202$4,279$3,500$2,850$1,523
19 years$5,893$4,821$3,917$3,163$2,541$1,301
20 years$5,540$4,480$3,595$2,865$2,269$1,112
21 years$5,221$4,173$3,306$2,600$2,031$953
22 years$4,931$3,895$3,047$2,364$1,820$817
23 years$4,666$3,643$2,814$2,153$1,634$701
24 years$4,425$3,413$2,602$1,964$1,469$602
25 years$4,202$3,203$2,410$1,793$1,322$517
26 years$3,998$3,011$2,235$1,640$1,190$445
27 years$3,808$2,833$2,076$1,501$1,073$382
28 years$3,633$2,670$1,930$1,375$968$329
29 years$3,470$2,519$1,796$1,261$875$283
30 years$3,318$2,379$1,673$1,157$790$244
31 years$3,176$2,249$1,559$1,063$714$210
32 years$3,043$2,128$1,455$977$646$181
33 years$2,919$2,015$1,358$898$585$156
34 years$2,802$1,910$1,269$826$529$134
35 years$2,692$1,811$1,187$761$480$116
36 years$2,589$1,719$1,110$701$435$100
37 years$2,491$1,633$1,039$646$394$86
38 years$2,399$1,552$973$595$357$74
39 years$2,311$1,476$912$549$324$64
40 years$2,228$1,404$854$506$294$55
41 years$2,150$1,336$801$467$266$48
42 years$2,075$1,273$752$431$242$41
43 years$2,004$1,213$705$398$219$35
44 years$1,937$1,156$662$367$199$31
45 years$1,872$1,102$622$339$181$26
46 years$1,811$1,052$584$313$164$23
47 years$1,752$1,003$548$289$149$20
48 years$1,696$958$515$267$135$17
49 years$1,643$915$484$247$123$15
50 years$1,591$874$455$228$112$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,630,000, adding $4,806 every year, while hoping to spend $33,640 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: 79/8/13 Blend
42$1,630,000$1,630,000$1,630,000$1,630,000
43$1,801,217$1,714,827$1,689,562$1,938,573
44$1,949,149$1,763,061$1,710,370$2,077,823
45$2,111,042$1,812,531$1,730,747$2,225,754
46$2,288,285$1,863,262$1,750,644$2,387,092
47$2,482,407$1,915,279$1,770,008$2,563,164
48$2,695,093$1,968,607$1,788,783$2,755,432
49$2,928,196$2,023,273$1,806,911$2,965,503
50$3,183,758$2,079,300$1,824,329$3,195,150
51$3,464,030$2,136,714$1,840,973$3,446,324
52$3,771,489$2,195,541$1,856,773$3,721,176
53$4,108,864$2,255,806$1,871,658$4,022,073
54$4,479,161$2,317,533$1,885,551$4,351,625
55$4,885,690$2,380,747$1,898,372$4,712,706
56$5,332,100$2,445,473$1,910,037$5,108,481
57$5,822,408$2,511,734$1,920,456$5,542,439
58$6,361,039$2,579,555$1,929,538$6,018,422
59$6,952,871$2,648,959$1,937,183$6,540,665
60$7,603,274$2,719,968$1,943,289$7,113,832
61$8,318,166$2,792,605$1,947,747$7,743,062
62$9,104,067$2,866,890$1,950,445$8,434,018
63$9,968,159$2,942,846$1,951,262$9,192,939
64$10,918,357$3,020,490$1,950,075$10,026,699
65$11,963,378$3,099,843$1,946,751$10,942,872
66$13,112,829$3,180,922$1,941,153$11,949,805
67$14,377,293$3,263,743$1,933,138$13,056,694
68$15,768,432$3,348,321$1,922,553$14,273,672
69$17,299,093$3,434,670$1,909,239$15,611,904
70$18,983,434$3,522,802$1,893,032$17,083,693
71$20,837,052$3,612,727$1,873,757$18,702,597
72$22,877,135$3,704,454$1,851,231$20,483,555
73$25,122,619$3,797,988$1,825,263$22,443,028
74$27,594,371$3,893,335$1,795,654$24,599,155
75$30,315,382$3,990,494$1,762,195$26,971,926
76$33,310,989$4,089,465$1,724,666$29,583,366
77$36,609,105$4,190,245$1,682,837$32,457,748
78$40,240,491$4,292,825$1,636,470$35,621,818
79$44,239,043$4,397,195$1,585,314$39,105,050
80$48,642,109$4,503,340$1,529,105$42,939,924
81$53,490,844$4,611,244$1,467,570$47,162,229
82$58,830,597$4,720,883$1,400,421$51,811,406
83$64,711,342$4,832,230$1,327,359$56,930,919
84$71,188,144$4,945,254$1,248,070$62,568,661
85$78,321,681$5,059,918$1,162,227$68,777,411
86$86,178,818$5,176,179$1,069,487$75,615,331
87$94,833,235$5,293,989$969,492$83,146,514
88$104,366,124$5,413,294$861,870$91,441,589
89$114,866,955$5,534,031$746,228$100,578,390
90$126,434,318$5,656,133$622,161$110,642,687
91$139,176,857$5,779,521$489,241$121,729,000
92$153,214,291$5,904,113$347,026$133,941,488
93$168,678,547$6,029,813$195,050$147,394,934
94$185,715,004$6,156,519$32,829$162,215,829
95$204,483,864$6,284,118$0$178,543,564
96$225,161,664$6,412,486$0$196,551,208
97$247,942,944$6,541,488$0$216,394,703
98$273,042,081$6,670,977$0$238,256,110
99$300,695,311$6,800,793$0$262,341,080
100$331,162,964$6,930,763$0$288,876,234