Can I retire at age 43 with 1,660,000?

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 $1,660,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$137,081$135,860$134,669$133,506$132,371$131,481
2 years$67,862$66,598$65,373$64,186$63,034$62,137
3 years$44,792$43,523$42,301$41,124$39,991$39,114
4 years$33,259$31,994$30,784$29,628$28,522$27,672
5 years$26,341$25,083$23,890$22,757$21,682$20,862
6 years$21,731$20,483$19,306$18,199$17,156$16,366
7 years$18,439$17,201$16,044$14,962$13,953$13,194
8 years$15,971$14,745$13,606$12,552$11,575$10,847
9 years$14,053$12,838$11,719$10,691$9,748$9,050
10 years$12,519$11,316$10,217$9,216$8,306$7,639
11 years$11,265$10,074$8,995$8,021$7,143$6,506
12 years$10,221$9,042$7,983$7,035$6,190$5,582
13 years$9,338$8,171$7,132$6,211$5,398$4,819
14 years$8,582$7,427$6,408$5,513$4,732$4,180
15 years$7,927$6,785$5,786$4,917$4,166$3,642
16 years$7,354$6,225$5,246$4,403$3,682$3,185
17 years$6,850$5,733$4,773$3,956$3,265$2,793
18 years$6,402$5,298$4,357$3,565$2,903$2,456
19 years$6,002$4,910$3,989$3,221$2,587$2,164
20 years$5,642$4,562$3,661$2,917$2,311$1,911
21 years$5,317$4,250$3,367$2,648$2,068$1,691
22 years$5,021$3,967$3,104$2,407$1,854$1,498
23 years$4,752$3,710$2,866$2,192$1,664$1,328
24 years$4,506$3,476$2,650$2,000$1,496$1,180
25 years$4,280$3,262$2,455$1,826$1,346$1,049
26 years$4,071$3,066$2,276$1,670$1,212$933
27 years$3,878$2,885$2,114$1,528$1,093$831
28 years$3,700$2,719$1,965$1,400$986$740
29 years$3,534$2,565$1,829$1,284$891$660
30 years$3,379$2,422$1,703$1,179$805$589
31 years$3,235$2,290$1,588$1,082$728$525
32 years$3,099$2,167$1,482$995$658$469
33 years$2,973$2,052$1,383$915$596$419
34 years$2,854$1,945$1,293$842$539$374
35 years$2,742$1,845$1,208$775$488$335
36 years$2,636$1,751$1,131$714$443$299
37 years$2,537$1,663$1,058$657$401$267
38 years$2,443$1,580$991$606$364$239
39 years$2,354$1,503$928$559$330$214
40 years$2,269$1,430$870$515$299$192
41 years$2,189$1,361$816$475$271$171
42 years$2,113$1,296$765$439$246$153
43 years$2,041$1,235$718$405$223$137
44 years$1,972$1,177$674$374$203$123
45 years$1,907$1,123$633$345$184$110
46 years$1,844$1,071$595$319$167$99
47 years$1,785$1,022$559$295$152$88
48 years$1,727$976$525$272$138$79
49 years$1,673$932$493$252$125$71
50 years$1,621$890$464$233$114$63

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,660,000, adding $6,739 every year, while hoping to spend $27,126 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: 58/14/28 Blend
42$1,660,000$1,660,000$1,660,000$1,660,000
43$1,836,271$1,748,291$1,722,561$1,928,376
44$1,994,709$1,805,096$1,751,405$2,049,032
45$2,168,398$1,863,774$1,780,306$2,177,097
46$2,358,866$1,924,391$1,809,238$2,316,182
47$2,567,795$1,987,010$1,838,171$2,467,362
48$2,797,036$2,051,699$1,867,076$2,631,824
49$3,048,630$2,118,529$1,895,920$2,810,872
50$3,324,826$2,187,572$1,924,668$3,005,944
51$3,628,098$2,258,904$1,953,285$3,218,623
52$3,961,174$2,332,600$1,981,730$3,450,652
53$4,327,060$2,408,743$2,009,964$3,703,952
54$4,729,063$2,487,415$2,037,941$3,980,637
55$5,170,831$2,568,702$2,065,616$4,283,037
56$5,656,381$2,652,694$2,092,939$4,613,719
57$6,190,138$2,739,481$2,119,858$4,975,510
58$6,776,977$2,829,161$2,146,319$5,371,525
59$7,422,271$2,921,832$2,172,262$5,805,193
60$8,131,937$3,017,596$2,197,627$6,280,297
61$8,912,495$3,116,559$2,222,349$6,800,999
62$9,771,130$3,218,831$2,246,358$7,371,887
63$10,715,757$3,324,525$2,269,583$7,998,018
64$11,755,097$3,433,760$2,291,946$8,684,960
65$12,898,759$3,546,656$2,313,369$9,438,850
66$14,157,331$3,663,341$2,333,765$10,266,449
67$15,542,479$3,783,945$2,353,046$11,175,207
68$17,067,056$3,908,602$2,371,118$12,173,332
69$18,745,227$4,037,455$2,387,881$13,269,870
70$20,592,596$4,170,647$2,403,232$14,474,786
71$22,626,362$4,308,329$2,417,060$15,799,063
72$24,865,470$4,450,657$2,429,252$17,254,800
73$27,330,802$4,597,792$2,439,685$18,855,332
74$30,045,362$4,749,902$2,448,233$20,615,352
75$33,034,502$4,907,161$2,454,762$22,551,049
76$36,326,157$5,069,747$2,459,132$24,680,264
77$39,951,108$5,237,848$2,461,196$27,022,657
78$43,943,273$5,411,655$2,460,798$29,599,891
79$48,340,030$5,591,369$2,457,778$32,435,838
80$53,182,565$5,777,197$2,451,965$35,556,803
81$58,516,261$5,969,354$2,443,180$38,991,776
82$64,391,130$6,168,063$2,431,237$42,772,699
83$70,862,281$6,373,554$2,415,939$46,934,775
84$77,990,442$6,586,067$2,397,082$51,516,792
85$85,842,532$6,805,849$2,374,449$56,561,499
86$94,492,293$7,033,158$2,347,816$62,116,000
87$104,020,985$7,268,261$2,316,946$68,232,205
88$114,518,153$7,511,434$2,281,592$74,967,317
89$126,082,475$7,762,964$2,241,494$82,384,373
90$138,822,686$8,023,148$2,196,383$90,552,840
91$152,858,612$8,292,295$2,145,975$99,549,268
92$168,322,297$8,570,724$2,089,971$109,458,015
93$185,359,250$8,858,767$2,028,064$120,372,045
94$204,129,816$9,156,770$1,959,926$132,393,800
95$224,810,693$9,465,088$1,885,220$145,636,174
96$247,596,599$9,784,092$1,803,590$160,223,574
97$272,702,106$10,114,166$1,714,664$176,293,095
98$300,363,670$10,455,710$1,618,055$193,995,817
99$330,841,862$10,809,137$1,513,357$213,498,231
100$364,423,823$11,174,876$1,400,146$234,983,806