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

Use the below retirement simulation to view the chances of a successful retirement.
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%14.2%
1 years$137,907$136,679$135,480$134,310$133,168$130,854
2 years$68,271$66,999$65,767$64,572$63,413$61,090
3 years$45,062$43,785$42,556$41,372$40,232$37,971
4 years$33,460$32,186$30,970$29,806$28,694$26,513
5 years$26,500$25,235$24,034$22,894$21,813$19,718
6 years$21,862$20,606$19,423$18,309$17,260$15,253
7 years$18,550$17,305$16,140$15,052$14,037$12,120
8 years$16,068$14,833$13,688$12,627$11,645$9,816
9 years$14,138$12,915$11,790$10,756$9,807$8,066
10 years$12,595$11,384$10,279$9,271$8,356$6,701
11 years$11,333$10,135$9,049$8,069$7,186$5,616
12 years$10,282$9,096$8,031$7,077$6,227$4,740
13 years$9,394$8,220$7,175$6,248$5,430$4,023
14 years$8,633$7,472$6,447$5,547$4,760$3,430
15 years$7,975$6,826$5,821$4,947$4,191$2,936
16 years$7,399$6,263$5,277$4,429$3,704$2,522
17 years$6,891$5,768$4,802$3,980$3,284$2,171
18 years$6,441$5,330$4,384$3,586$2,920$1,874
19 years$6,038$4,939$4,013$3,241$2,603$1,621
20 years$5,676$4,590$3,683$2,935$2,325$1,404
21 years$5,349$4,275$3,388$2,664$2,081$1,218
22 years$5,052$3,991$3,122$2,422$1,865$1,058
23 years$4,781$3,733$2,883$2,206$1,674$920
24 years$4,533$3,497$2,666$2,012$1,505$801
25 years$4,306$3,282$2,469$1,837$1,354$697
26 years$4,096$3,084$2,290$1,680$1,220$608
27 years$3,902$2,903$2,127$1,538$1,100$530
28 years$3,722$2,735$1,977$1,409$992$462
29 years$3,555$2,580$1,840$1,292$896$404
30 years$3,399$2,437$1,714$1,186$810$353
31 years$3,254$2,304$1,598$1,089$732$308
32 years$3,118$2,180$1,491$1,001$662$269
33 years$2,991$2,064$1,392$920$599$235
34 years$2,871$1,957$1,300$847$542$206
35 years$2,758$1,856$1,216$779$491$180
36 years$2,652$1,761$1,137$718$445$157
37 years$2,552$1,673$1,065$661$403$138
38 years$2,458$1,590$997$610$366$120
39 years$2,368$1,512$934$562$332$105
40 years$2,283$1,438$875$518$301$92
41 years$2,203$1,369$821$478$273$81
42 years$2,126$1,304$770$441$248$71
43 years$2,053$1,242$723$408$225$62
44 years$1,984$1,184$678$376$204$54
45 years$1,918$1,129$637$347$185$47
46 years$1,855$1,077$598$321$168$41
47 years$1,795$1,028$562$297$153$36
48 years$1,738$981$528$274$139$32
49 years$1,683$937$496$253$126$28
50 years$1,631$895$467$234$114$24

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 $4,950 every year, while hoping to spend $27,057 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: 56/25/19 Blend
42$1,670,000$1,670,000$1,670,000$1,670,000
43$1,845,446$1,756,936$1,731,051$1,939,149
44$2,004,893$1,814,237$1,760,253$2,060,876
45$2,179,697$1,873,440$1,789,526$2,190,093
46$2,371,395$1,934,608$1,818,844$2,330,263
47$2,581,682$1,997,808$1,848,180$2,482,443
48$2,812,423$2,063,110$1,877,503$2,647,797
49$3,065,672$2,130,585$1,906,782$2,827,605
50$3,343,695$2,200,307$1,935,983$3,023,277
51$3,648,983$2,272,353$1,965,070$3,236,365
52$3,984,284$2,346,803$1,994,004$3,468,577
53$4,352,623$2,423,739$2,022,746$3,721,795
54$4,757,334$2,503,246$2,051,251$3,998,089
55$5,202,089$2,585,412$2,079,475$4,299,741
56$5,690,934$2,670,328$2,107,369$4,629,260
57$6,228,325$2,758,090$2,134,882$4,989,412
58$6,819,173$2,848,795$2,161,959$5,383,243
59$7,468,887$2,942,545$2,188,544$5,814,107
60$8,183,428$3,039,445$2,214,575$6,285,698
61$8,969,363$3,139,603$2,239,988$6,802,083
62$9,833,927$3,243,132$2,264,716$7,367,746
63$10,785,092$3,350,149$2,288,689$7,987,621
64$11,831,640$3,460,776$2,311,829$8,667,147
65$12,983,251$3,575,137$2,334,058$9,412,313
66$14,250,586$3,693,363$2,355,293$10,229,717
67$15,645,396$3,815,587$2,375,445$11,126,628
68$17,180,625$3,941,950$2,394,421$12,111,054
69$18,870,539$4,072,596$2,412,125$13,191,816
70$20,730,855$4,207,674$2,428,452$14,378,634
71$22,778,892$4,347,340$2,443,295$15,682,214
72$25,033,734$4,491,754$2,456,540$17,114,355
73$27,516,409$4,641,084$2,468,068$18,688,052
74$30,250,087$4,795,502$2,477,753$20,417,626
75$33,260,301$4,955,187$2,485,463$22,318,855
76$36,575,185$5,120,324$2,491,060$24,409,122
77$40,225,741$5,291,107$2,494,397$26,707,582
78$44,246,130$5,467,735$2,495,323$29,235,338
79$48,673,996$5,650,415$2,493,677$32,015,644
80$53,550,819$5,839,360$2,489,290$35,074,122
81$58,922,308$6,034,795$2,481,987$38,439,004
82$64,838,833$6,236,948$2,471,583$42,141,398
83$71,355,896$6,446,061$2,457,883$46,215,580
84$78,534,659$6,662,380$2,440,684$50,699,322
85$86,442,522$6,886,164$2,419,774$55,634,240
86$95,153,752$7,117,679$2,394,929$61,066,195
87$104,750,191$7,357,201$2,365,916$67,045,720
88$115,322,026$7,605,020$2,332,489$73,628,498
89$126,968,638$7,861,432$2,294,394$80,875,888
90$139,799,544$8,126,746$2,251,360$88,855,502
91$153,935,425$8,401,285$2,203,109$97,641,846
92$169,509,271$8,685,380$2,149,345$107,317,020
93$186,667,630$8,979,377$2,089,762$117,971,491
94$205,571,997$9,283,635$2,024,038$129,704,954
95$226,400,334$9,598,527$1,951,836$142,627,264
96$249,348,751$9,924,438$1,872,806$156,859,476
97$274,633,358$10,261,769$1,786,579$172,534,990
98$302,492,302$10,610,937$1,692,771$189,800,806
99$333,188,018$10,972,374$1,590,980$208,818,911
100$367,009,704$11,346,529$1,480,786$229,767,812