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

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 $1,630,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$134,604$133,405$132,235$131,093$129,978$124,871
2 years$66,636$65,395$64,192$63,026$61,895$56,811
3 years$43,982$42,736$41,536$40,381$39,268$34,369
4 years$32,658$31,416$30,228$29,092$28,007$23,329
5 years$25,865$24,630$23,458$22,346$21,290$16,846
6 years$21,338$20,112$18,958$17,870$16,846$12,639
7 years$18,106$16,890$15,754$14,692$13,700$9,728
8 years$15,683$14,478$13,361$12,325$11,366$7,624
9 years$13,799$12,606$11,507$10,498$9,572$6,056
10 years$12,293$11,111$10,032$9,049$8,156$4,858
11 years$11,061$9,892$8,832$7,876$7,014$3,928
12 years$10,036$8,878$7,839$6,908$6,078$3,195
13 years$9,169$8,023$7,003$6,099$5,300$2,611
14 years$8,426$7,293$6,292$5,414$4,646$2,142
15 years$7,784$6,662$5,681$4,828$4,091$1,763
16 years$7,222$6,113$5,151$4,323$3,616$1,454
17 years$6,726$5,629$4,687$3,884$3,206$1,202
18 years$6,286$5,202$4,279$3,500$2,850$996
19 years$5,893$4,821$3,917$3,163$2,541$825
20 years$5,540$4,480$3,595$2,865$2,269$685
21 years$5,221$4,173$3,306$2,600$2,031$569
22 years$4,931$3,895$3,047$2,364$1,820$473
23 years$4,666$3,643$2,814$2,153$1,634$394
24 years$4,425$3,413$2,602$1,964$1,469$328
25 years$4,202$3,203$2,410$1,793$1,322$273
26 years$3,998$3,011$2,235$1,640$1,190$228
27 years$3,808$2,833$2,076$1,501$1,073$190
28 years$3,633$2,670$1,930$1,375$968$158
29 years$3,470$2,519$1,796$1,261$875$132
30 years$3,318$2,379$1,673$1,157$790$110
31 years$3,176$2,249$1,559$1,063$714$92
32 years$3,043$2,128$1,455$977$646$77
33 years$2,919$2,015$1,358$898$585$64
34 years$2,802$1,910$1,269$826$529$53
35 years$2,692$1,811$1,187$761$480$44
36 years$2,589$1,719$1,110$701$435$37
37 years$2,491$1,633$1,039$646$394$31
38 years$2,399$1,552$973$595$357$26
39 years$2,311$1,476$912$549$324$22
40 years$2,228$1,404$854$506$294$18
41 years$2,150$1,336$801$467$266$15
42 years$2,075$1,273$752$431$242$13
43 years$2,004$1,213$705$398$219$10
44 years$1,937$1,156$662$367$199$9
45 years$1,872$1,102$622$339$181$7
46 years$1,811$1,052$584$313$164$6
47 years$1,752$1,003$548$289$149$5
48 years$1,696$958$515$267$135$4
49 years$1,643$915$484$247$123$4
50 years$1,591$874$455$228$112$3

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 $5,134 every year, while hoping to spend $46,314 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: 78/13/9 Blend
42$1,630,000$1,630,000$1,630,000$1,630,000
43$1,801,556$1,715,166$1,689,901$1,939,157
44$1,936,037$1,749,931$1,697,235$2,065,029
45$2,082,682$1,784,848$1,703,262$2,196,540
46$2,242,685$1,819,874$1,707,890$2,339,421
47$2,417,356$1,854,965$1,711,022$2,494,785
48$2,608,140$1,890,072$1,712,555$2,663,857
49$2,816,627$1,925,142$1,712,382$2,847,987
50$3,044,566$1,960,118$1,710,390$3,048,660
51$3,293,886$1,994,938$1,706,462$3,267,515
52$3,566,708$2,029,535$1,700,474$3,506,354
53$3,865,368$2,063,839$1,692,296$3,767,165
54$4,192,440$2,097,771$1,681,792$4,052,135
55$4,550,756$2,131,249$1,668,820$4,363,677
56$4,943,438$2,164,184$1,653,229$4,704,445
57$5,373,920$2,196,481$1,634,864$5,077,367
58$5,845,989$2,228,037$1,613,561$5,485,667
59$6,363,812$2,258,744$1,589,148$5,932,897
60$6,931,982$2,288,483$1,561,445$6,422,972
61$7,555,556$2,317,130$1,530,265$6,960,204
62$8,240,104$2,344,551$1,495,410$7,549,345
63$8,991,763$2,370,603$1,456,675$8,195,632
64$9,817,293$2,395,133$1,413,844$8,904,835
65$10,724,141$2,417,978$1,366,692$9,683,312
66$11,720,510$2,438,966$1,314,983$10,538,068
67$12,815,438$2,457,911$1,258,471$11,476,825
68$14,018,881$2,474,617$1,196,898$12,508,089
69$15,341,808$2,488,874$1,129,995$13,641,235
70$16,796,302$2,500,459$1,057,480$14,886,595
71$18,395,678$2,509,135$979,059$16,255,553
72$20,154,605$2,514,649$894,424$17,760,655
73$22,089,243$2,516,735$803,256$19,415,725
74$24,217,398$2,515,108$705,217$21,236,001
75$26,558,689$2,509,465$599,959$23,238,271
76$29,134,732$2,499,485$487,114$25,441,039
77$31,969,344$2,484,829$366,301$27,864,694
78$35,088,766$2,465,135$237,122$30,531,708
79$38,521,914$2,440,021$99,159$33,466,843
80$42,300,647$2,409,079$0$36,697,390
81$46,460,070$2,371,881$0$40,258,039
82$51,038,864$2,327,970$0$44,187,779
83$56,079,650$2,276,863$0$48,513,648
84$61,629,394$2,218,049$0$53,275,944
85$67,739,845$2,150,986$0$58,519,076
86$74,468,025$2,075,100$0$64,291,979
87$81,876,770$1,989,786$0$70,648,582
88$90,035,316$1,894,401$0$77,648,311
89$99,019,958$1,788,267$0$85,356,651
90$108,914,766$1,670,664$0$93,845,770
91$119,812,380$1,540,835$0$103,195,192
92$131,814,883$1,397,975$0$113,492,554
93$145,034,762$1,241,237$0$124,834,431
94$159,595,974$1,069,724$0$137,327,248
95$175,635,111$882,488$0$151,088,286
96$193,302,691$678,529$0$166,246,786
97$212,764,577$456,789$0$182,945,175
98$234,203,544$216,151$0$201,340,404
99$257,821,000$0$0$221,605,438
100$283,838,891$0$0$243,937,254