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%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 $2,683 every year, while hoping to spend $26,499 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: 27/47/26 Blend
42$1,630,000$1,630,000$1,630,000$1,630,000
43$1,799,028$1,712,638$1,687,373$1,832,914
44$1,954,334$1,768,362$1,715,705$1,916,046
45$2,124,593$1,825,929$1,744,098$2,002,770
46$2,311,302$1,885,400$1,772,526$2,095,338
47$2,516,111$1,946,841$1,800,962$2,194,266
48$2,740,836$2,010,318$1,829,376$2,300,119
49$2,987,477$2,075,899$1,857,736$2,413,518
50$3,258,238$2,143,657$1,886,008$2,535,146
51$3,555,548$2,213,665$1,914,159$2,665,751
52$3,882,079$2,286,000$1,942,149$2,806,157
53$4,240,778$2,360,742$1,969,938$2,957,269
54$4,634,891$2,437,971$1,997,484$3,120,081
55$5,067,992$2,517,774$2,024,742$3,295,688
56$5,544,020$2,600,238$2,051,663$3,485,290
57$6,067,314$2,685,454$2,078,199$3,690,212
58$6,642,656$2,773,516$2,104,293$3,911,907
59$7,275,311$2,864,522$2,129,891$4,151,976
60$7,971,082$2,958,574$2,154,933$4,412,179
61$8,736,364$3,055,775$2,179,354$4,694,452
62$9,578,199$3,156,234$2,203,089$5,000,929
63$10,504,350$3,260,064$2,226,067$5,333,953
64$11,523,367$3,367,381$2,248,213$5,696,107
65$12,644,672$3,478,304$2,269,450$6,090,234
66$13,878,647$3,592,959$2,289,695$6,519,460
67$15,236,730$3,711,476$2,308,861$6,987,231
68$16,731,526$3,833,987$2,326,857$7,497,337
69$18,376,920$3,960,631$2,343,586$8,053,953
70$20,188,217$4,091,553$2,358,946$8,661,677
71$22,182,277$4,226,901$2,372,833$9,325,569
72$24,377,679$4,366,829$2,385,132$10,051,204
73$26,794,895$4,511,497$2,395,728$10,844,721
74$29,456,485$4,661,070$2,404,494$11,712,879
75$32,387,304$4,815,721$2,411,303$12,663,126
76$35,614,745$4,975,626$2,416,017$13,703,661
77$39,168,988$5,140,971$2,418,493$14,843,518
78$43,083,292$5,311,946$2,418,580$16,092,646
79$47,394,306$5,488,750$2,416,121$17,462,005
80$52,142,414$5,671,587$2,410,950$18,963,668
81$57,372,117$5,860,671$2,402,893$20,610,933
82$63,132,451$6,056,222$2,391,768$22,418,452
83$69,477,453$6,258,469$2,377,384$24,402,364
84$76,466,668$6,467,650$2,359,542$26,580,449
85$84,165,713$6,684,009$2,338,031$28,972,296
86$92,646,892$6,907,802$2,312,631$31,599,486
87$101,989,885$7,139,294$2,283,114$34,485,794
88$112,282,492$7,378,759$2,249,238$37,657,417
89$123,621,469$7,626,481$2,210,750$41,143,215
90$136,113,436$7,882,756$2,167,388$44,974,986
91$149,875,885$8,147,889$2,118,873$49,187,767
92$165,038,289$8,422,199$2,064,919$53,820,159
93$181,743,322$8,706,014$2,005,221$58,914,696
94$200,148,208$8,999,676$1,939,464$64,518,242
95$220,426,206$9,303,541$1,867,316$70,682,433
96$242,768,241$9,617,976$1,788,433$77,464,167
97$267,384,707$9,943,363$1,702,451$84,926,136
98$294,507,458$10,280,098$1,608,994$93,137,420
99$324,391,988$10,628,593$1,507,665$102,174,134
100$357,319,851$10,989,274$1,398,052$112,120,153