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%11.4%
1 years$137,081$135,860$134,669$133,506$132,371$131,592
2 years$67,862$66,598$65,373$64,186$63,034$62,248
3 years$44,792$43,523$42,301$41,124$39,991$39,223
4 years$33,259$31,994$30,784$29,628$28,522$27,777
5 years$26,341$25,083$23,890$22,757$21,682$20,962
6 years$21,731$20,483$19,306$18,199$17,156$16,463
7 years$18,439$17,201$16,044$14,962$13,953$13,286
8 years$15,971$14,745$13,606$12,552$11,575$10,935
9 years$14,053$12,838$11,719$10,691$9,748$9,135
10 years$12,519$11,316$10,217$9,216$8,306$7,719
11 years$11,265$10,074$8,995$8,021$7,143$6,583
12 years$10,221$9,042$7,983$7,035$6,190$5,655
13 years$9,338$8,171$7,132$6,211$5,398$4,888
14 years$8,582$7,427$6,408$5,513$4,732$4,246
15 years$7,927$6,785$5,786$4,917$4,166$3,704
16 years$7,354$6,225$5,246$4,403$3,682$3,243
17 years$6,850$5,733$4,773$3,956$3,265$2,848
18 years$6,402$5,298$4,357$3,565$2,903$2,508
19 years$6,002$4,910$3,989$3,221$2,587$2,214
20 years$5,642$4,562$3,661$2,917$2,311$1,957
21 years$5,317$4,250$3,367$2,648$2,068$1,734
22 years$5,021$3,967$3,104$2,407$1,854$1,538
23 years$4,752$3,710$2,866$2,192$1,664$1,367
24 years$4,506$3,476$2,650$2,000$1,496$1,215
25 years$4,280$3,262$2,455$1,826$1,346$1,082
26 years$4,071$3,066$2,276$1,670$1,212$964
27 years$3,878$2,885$2,114$1,528$1,093$860
28 years$3,700$2,719$1,965$1,400$986$767
29 years$3,534$2,565$1,829$1,284$891$685
30 years$3,379$2,422$1,703$1,179$805$612
31 years$3,235$2,290$1,588$1,082$728$547
32 years$3,099$2,167$1,482$995$658$489
33 years$2,973$2,052$1,383$915$596$438
34 years$2,854$1,945$1,293$842$539$392
35 years$2,742$1,845$1,208$775$488$351
36 years$2,636$1,751$1,131$714$443$314
37 years$2,537$1,663$1,058$657$401$281
38 years$2,443$1,580$991$606$364$252
39 years$2,354$1,503$928$559$330$226
40 years$2,269$1,430$870$515$299$203
41 years$2,189$1,361$816$475$271$182
42 years$2,113$1,296$765$439$246$163
43 years$2,041$1,235$718$405$223$146
44 years$1,972$1,177$674$374$203$131
45 years$1,907$1,123$633$345$184$117
46 years$1,844$1,071$595$319$167$105
47 years$1,785$1,022$559$295$152$94
48 years$1,727$976$525$272$138$85
49 years$1,673$932$493$252$125$76
50 years$1,621$890$464$233$114$68

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 $4,834 every year, while hoping to spend $44,015 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: 75/20/5 Blend
42$1,660,000$1,660,000$1,660,000$1,660,000
43$1,834,306$1,746,326$1,720,596$1,970,907
44$1,974,574$1,785,065$1,731,405$2,100,082
45$2,127,674$1,824,226$1,741,100$2,235,466
46$2,294,868$1,863,785$1,749,598$2,382,524
47$2,477,546$1,903,712$1,756,812$2,542,396
48$2,677,239$1,943,977$1,762,648$2,716,333
49$2,895,630$1,984,544$1,767,009$2,905,717
50$3,134,575$2,025,377$1,769,794$3,112,067
51$3,396,114$2,066,434$1,770,896$3,337,056
52$3,682,499$2,107,670$1,770,201$3,582,530
53$3,996,203$2,149,035$1,767,593$3,850,516
54$4,339,956$2,190,478$1,762,947$4,143,254
55$4,716,759$2,231,939$1,756,133$4,463,205
56$5,129,922$2,273,357$1,747,017$4,813,085
57$5,583,086$2,314,664$1,735,455$5,195,883
58$6,080,266$2,355,788$1,721,297$5,614,892
59$6,625,881$2,396,649$1,704,389$6,073,742
60$7,224,799$2,437,164$1,684,564$6,576,431
61$7,882,384$2,477,240$1,661,653$7,127,362
62$8,604,544$2,516,781$1,635,474$7,731,390
63$9,397,786$2,555,682$1,605,841$8,393,861
64$10,269,279$2,593,829$1,572,556$9,120,667
65$11,226,921$2,631,103$1,535,412$9,918,300
66$12,279,413$2,667,373$1,494,195$10,793,914
67$13,436,341$2,702,502$1,448,678$11,755,389
68$14,708,265$2,736,342$1,398,626$12,811,413
69$16,106,820$2,768,735$1,343,792$13,971,554
70$17,644,825$2,799,512$1,283,918$15,246,360
71$19,336,402$2,828,492$1,218,734$16,647,450
72$21,197,111$2,855,485$1,147,958$18,187,632
73$23,244,098$2,880,285$1,071,295$19,881,017
74$25,496,250$2,902,674$988,439$21,743,156
75$27,974,382$2,922,419$899,066$23,791,185
76$30,701,425$2,939,274$802,840$26,043,989
77$33,702,647$2,952,974$699,412$28,522,379
78$37,005,888$2,963,241$588,413$31,249,287
79$40,641,824$2,969,776$469,461$34,249,985
80$44,644,259$2,972,264$342,157$37,552,325
81$49,050,437$2,970,368$206,082$41,186,998
82$53,901,397$2,963,731$60,801$45,187,826
83$59,242,361$2,951,976$0$49,592,082
84$65,123,159$2,934,700$0$54,445,869
85$71,598,698$2,911,477$0$59,793,214
86$78,729,480$2,881,854$0$65,680,782
87$86,582,175$2,845,353$0$72,163,574
88$95,230,247$2,801,466$0$79,302,201
89$104,754,649$2,749,654$0$87,163,458
90$115,244,583$2,689,347$0$95,820,953
91$126,798,347$2,619,941$0$105,355,800
92$139,524,257$2,540,797$0$115,857,390
93$153,541,673$2,451,238$0$127,424,233
94$168,982,123$2,350,548$0$140,164,884
95$185,990,543$2,237,968$0$154,198,977
96$204,726,648$2,112,698$0$169,658,347
97$225,366,435$1,973,890$0$186,688,278
98$248,103,848$1,820,646$0$205,448,875
99$273,152,602$1,652,020$0$226,116,579
100$300,748,208$1,467,009$0$248,885,826