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%16.3%
1 years$134,604$133,405$132,235$131,093$129,978$126,631
2 years$66,636$65,395$64,192$63,026$61,895$58,544
3 years$43,982$42,736$41,536$40,381$39,268$36,020
4 years$32,658$31,416$30,228$29,092$28,007$24,885
5 years$25,865$24,630$23,458$22,346$21,290$18,304
6 years$21,338$20,112$18,958$17,870$16,846$13,999
7 years$18,106$16,890$15,754$14,692$13,700$10,992
8 years$15,683$14,478$13,361$12,325$11,366$8,795
9 years$13,799$12,606$11,507$10,498$9,572$7,136
10 years$12,293$11,111$10,032$9,049$8,156$5,852
11 years$11,061$9,892$8,832$7,876$7,014$4,840
12 years$10,036$8,878$7,839$6,908$6,078$4,029
13 years$9,169$8,023$7,003$6,099$5,300$3,372
14 years$8,426$7,293$6,292$5,414$4,646$2,835
15 years$7,784$6,662$5,681$4,828$4,091$2,391
16 years$7,222$6,113$5,151$4,323$3,616$2,023
17 years$6,726$5,629$4,687$3,884$3,206$1,716
18 years$6,286$5,202$4,279$3,500$2,850$1,459
19 years$5,893$4,821$3,917$3,163$2,541$1,242
20 years$5,540$4,480$3,595$2,865$2,269$1,059
21 years$5,221$4,173$3,306$2,600$2,031$904
22 years$4,931$3,895$3,047$2,364$1,820$773
23 years$4,666$3,643$2,814$2,153$1,634$661
24 years$4,425$3,413$2,602$1,964$1,469$566
25 years$4,202$3,203$2,410$1,793$1,322$485
26 years$3,998$3,011$2,235$1,640$1,190$415
27 years$3,808$2,833$2,076$1,501$1,073$356
28 years$3,633$2,670$1,930$1,375$968$305
29 years$3,470$2,519$1,796$1,261$875$262
30 years$3,318$2,379$1,673$1,157$790$225
31 years$3,176$2,249$1,559$1,063$714$193
32 years$3,043$2,128$1,455$977$646$166
33 years$2,919$2,015$1,358$898$585$142
34 years$2,802$1,910$1,269$826$529$122
35 years$2,692$1,811$1,187$761$480$105
36 years$2,589$1,719$1,110$701$435$90
37 years$2,491$1,633$1,039$646$394$78
38 years$2,399$1,552$973$595$357$67
39 years$2,311$1,476$912$549$324$57
40 years$2,228$1,404$854$506$294$49
41 years$2,150$1,336$801$467$266$42
42 years$2,075$1,273$752$431$242$36
43 years$2,004$1,213$705$398$219$31
44 years$1,937$1,156$662$367$199$27
45 years$1,872$1,102$622$339$181$23
46 years$1,811$1,052$584$313$164$20
47 years$1,752$1,003$548$289$149$17
48 years$1,696$958$515$267$135$15
49 years$1,643$915$484$247$123$13
50 years$1,591$874$455$228$112$11

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 $5,584 every year, while hoping to spend $41,479 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: 52/35/13 Blend
42$1,630,000$1,630,000$1,630,000$1,630,000
43$1,802,020$1,715,630$1,690,365$1,889,203
44$1,941,693$1,755,562$1,702,859$1,989,300
45$2,094,222$1,796,061$1,714,381$2,093,226
46$2,260,875$1,837,111$1,724,855$2,205,310
47$2,443,047$1,878,693$1,734,201$2,326,335
48$2,642,276$1,920,786$1,742,335$2,457,162
49$2,860,252$1,963,368$1,749,166$2,598,740
50$3,098,838$2,006,414$1,754,604$2,752,115
51$3,360,085$2,049,894$1,758,549$2,918,439
52$3,646,252$2,093,777$1,760,899$3,098,981
53$3,959,827$2,138,029$1,761,546$3,295,138
54$4,303,548$2,182,612$1,760,377$3,508,453
55$4,680,433$2,227,483$1,757,273$3,740,622
56$5,093,805$2,272,598$1,752,109$3,993,516
57$5,547,324$2,317,906$1,744,756$4,269,198
58$6,045,022$2,363,354$1,735,075$4,569,939
59$6,591,338$2,408,882$1,722,925$4,898,244
60$7,191,165$2,454,428$1,708,153$5,256,871
61$7,849,892$2,499,922$1,690,604$5,648,863
62$8,573,452$2,545,290$1,670,111$6,077,572
63$9,368,387$2,590,452$1,646,502$6,546,691
64$10,241,898$2,635,320$1,619,596$7,060,294
65$11,201,923$2,679,802$1,589,204$7,622,867
66$12,257,204$2,723,797$1,555,127$8,239,358
67$13,417,374$2,767,198$1,517,158$8,915,220
68$14,693,043$2,809,888$1,475,080$9,656,461
69$16,095,904$2,851,743$1,428,666$10,469,706
70$17,638,839$2,892,631$1,377,678$11,362,256
71$19,336,039$2,932,408$1,321,869$12,342,158
72$21,203,141$2,970,923$1,260,979$13,418,281
73$23,257,376$3,008,012$1,194,735$14,600,404
74$25,517,725$3,043,501$1,122,855$15,899,301
75$28,005,104$3,077,204$1,045,043$17,326,852
76$30,742,560$3,108,923$960,987$18,896,147
77$33,755,486$3,138,445$870,365$20,621,617
78$37,071,862$3,165,545$772,839$22,519,168
79$40,722,518$3,189,982$668,055$24,606,331
80$44,741,424$3,211,501$555,644$26,902,430
81$49,166,013$3,229,828$435,222$29,428,762
82$54,037,531$3,244,674$306,386$32,208,804
83$59,401,425$3,255,729$168,716$35,268,429
84$65,307,777$3,262,667$21,774$38,636,157
85$71,811,770$3,265,137$0$42,343,421
86$78,974,212$3,262,770$0$46,443,598
87$86,862,109$3,255,174$0$50,960,583
88$95,549,296$3,241,929$0$55,933,511
89$105,117,135$3,222,594$0$61,408,841
90$115,655,280$3,196,699$0$67,437,777
91$127,262,527$3,163,745$0$74,076,748
92$140,047,740$3,123,204$0$81,387,944
93$154,130,885$3,074,516$0$89,439,906
94$169,644,156$3,017,088$0$98,308,166
95$186,733,226$2,950,292$0$108,075,970
96$205,558,621$2,873,462$0$118,835,062
97$226,297,232$2,785,893$0$130,686,548
98$249,143,987$2,686,840$0$143,741,855
99$274,313,692$2,575,513$0$158,123,785
100$302,043,052$2,451,077$0$173,967,673