Can I retire at age 43 with 1,670,000?

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 $1,670,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$137,907$136,679$135,480$134,310$133,168$127,834
2 years$68,271$66,999$65,767$64,572$63,413$58,106
3 years$45,062$43,785$42,556$41,372$40,232$35,119
4 years$33,460$32,186$30,970$29,806$28,694$23,814
5 years$26,500$25,235$24,034$22,894$21,813$17,178
6 years$21,862$20,606$19,423$18,309$17,260$12,874
7 years$18,550$17,305$16,140$15,052$14,037$9,897
8 years$16,068$14,833$13,688$12,627$11,645$7,748
9 years$14,138$12,915$11,790$10,756$9,807$6,146
10 years$12,595$11,384$10,279$9,271$8,356$4,925
11 years$11,333$10,135$9,049$8,069$7,186$3,976
12 years$10,282$9,096$8,031$7,077$6,227$3,230
13 years$9,394$8,220$7,175$6,248$5,430$2,636
14 years$8,633$7,472$6,447$5,547$4,760$2,160
15 years$7,975$6,826$5,821$4,947$4,191$1,775
16 years$7,399$6,263$5,277$4,429$3,704$1,462
17 years$6,891$5,768$4,802$3,980$3,284$1,207
18 years$6,441$5,330$4,384$3,586$2,920$998
19 years$6,038$4,939$4,013$3,241$2,603$826
20 years$5,676$4,590$3,683$2,935$2,325$685
21 years$5,349$4,275$3,388$2,664$2,081$568
22 years$5,052$3,991$3,122$2,422$1,865$472
23 years$4,781$3,733$2,883$2,206$1,674$392
24 years$4,533$3,497$2,666$2,012$1,505$326
25 years$4,306$3,282$2,469$1,837$1,354$271
26 years$4,096$3,084$2,290$1,680$1,220$225
27 years$3,902$2,903$2,127$1,538$1,100$187
28 years$3,722$2,735$1,977$1,409$992$156
29 years$3,555$2,580$1,840$1,292$896$130
30 years$3,399$2,437$1,714$1,186$810$108
31 years$3,254$2,304$1,598$1,089$732$90
32 years$3,118$2,180$1,491$1,001$662$75
33 years$2,991$2,064$1,392$920$599$62
34 years$2,871$1,957$1,300$847$542$52
35 years$2,758$1,856$1,216$779$491$43
36 years$2,652$1,761$1,137$718$445$36
37 years$2,552$1,673$1,065$661$403$30
38 years$2,458$1,590$997$610$366$25
39 years$2,368$1,512$934$562$332$21
40 years$2,283$1,438$875$518$301$17
41 years$2,203$1,369$821$478$273$15
42 years$2,126$1,304$770$441$248$12
43 years$2,053$1,242$723$408$225$10
44 years$1,984$1,184$678$376$204$8
45 years$1,918$1,129$637$347$185$7
46 years$1,855$1,077$598$321$168$6
47 years$1,795$1,028$562$297$153$5
48 years$1,738$981$528$274$139$4
49 years$1,683$937$496$253$126$3
50 years$1,631$895$467$234$114$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,670,000, adding $3,731 every year, while hoping to spend $58,842 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: 58/35/7 Blend
42$1,670,000$1,670,000$1,670,000$1,670,000
43$1,844,189$1,755,679$1,729,794$1,948,168
44$1,969,688$1,779,099$1,725,134$2,041,872
45$2,106,017$1,801,696$1,718,347$2,136,968
46$2,254,217$1,823,365$1,709,297$2,239,152
47$2,415,435$1,843,998$1,697,847$2,349,108
48$2,590,933$1,863,477$1,683,848$2,467,589
49$2,782,099$1,881,678$1,667,148$2,595,424
50$2,990,460$1,898,468$1,647,585$2,733,531
51$3,217,700$1,913,705$1,624,991$2,882,920
52$3,465,667$1,927,239$1,599,191$3,044,706
53$3,736,400$1,938,908$1,569,998$3,220,119
54$4,032,140$1,948,542$1,537,221$3,410,515
55$4,355,357$1,955,959$1,500,656$3,617,392
56$4,708,767$1,960,965$1,460,092$3,842,399
57$5,095,364$1,963,356$1,415,308$4,087,359
58$5,518,443$1,962,912$1,366,072$4,354,281
59$5,981,631$1,959,401$1,312,143$4,645,382
60$6,488,925$1,952,579$1,253,266$4,963,106
61$7,044,722$1,942,183$1,189,178$5,310,151
62$7,653,870$1,927,936$1,119,602$5,689,493
63$8,321,705$1,909,544$1,044,248$6,104,413
64$9,054,103$1,886,697$962,815$6,558,533
65$9,857,539$1,859,062$874,987$7,055,845
66$10,739,143$1,826,291$780,434$7,600,756
67$11,706,769$1,788,013$678,812$8,198,125
68$12,769,068$1,743,834$569,760$8,853,311
69$13,935,569$1,693,338$452,904$9,572,226
70$15,216,772$1,636,087$327,851$10,361,389
71$16,624,241$1,571,613$194,192$11,227,993
72$18,170,715$1,499,423$51,499$12,179,968
73$19,870,230$1,418,997$0$13,226,062
74$21,738,247$1,329,782$0$14,383,449
75$23,791,802$1,231,195$0$15,659,834
76$26,049,661$1,122,619$0$17,063,137
77$28,532,501$1,003,402$0$18,606,332
78$31,263,103$872,855$0$20,303,728
79$34,266,566$730,251$0$22,171,100
80$37,570,542$574,820$0$24,225,840
81$41,205,501$405,750$0$26,487,124
82$45,205,013$222,182$0$28,976,094
83$49,606,066$23,211$0$31,716,059
84$54,449,416$0$0$34,732,717
85$59,779,969$0$0$38,128,394
86$65,647,204$0$0$41,875,958
87$72,105,643$0$0$46,001,316
88$79,215,359$0$0$50,542,861
89$87,042,546$0$0$55,542,901
90$95,660,144$0$0$61,048,052
91$105,148,524$0$0$67,109,681
92$115,596,246$0$0$73,784,390
93$127,100,897$0$0$81,134,549
94$139,770,008$0$0$89,228,885
95$153,722,070$0$0$98,143,130
96$169,087,652$0$0$107,960,734
97$186,010,629$0$0$118,773,655
98$204,649,546$0$0$130,683,223
99$225,179,105$0$0$143,801,098
100$247,791,822$0$0$158,250,324