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 $3,516 every year, while hoping to spend $52,370 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: 51/31/18 Blend
42$1,670,000$1,670,000$1,670,000$1,670,000
43$1,843,967$1,755,457$1,729,572$1,928,690
44$1,976,330$1,785,753$1,731,791$2,017,692
45$2,120,439$1,815,778$1,732,330$2,108,677
46$2,277,437$1,845,464$1,731,076$2,206,466
47$2,448,581$1,874,738$1,727,912$2,311,720
48$2,635,255$1,903,519$1,722,716$2,425,169
49$2,838,984$1,931,723$1,715,359$2,547,617
50$3,061,442$1,959,260$1,705,706$2,679,952
51$3,304,478$1,986,032$1,693,616$2,823,154
52$3,570,122$2,011,935$1,678,939$2,978,304
53$3,860,612$2,036,858$1,661,522$3,146,595
54$4,178,412$2,060,681$1,641,200$3,329,341
55$4,526,234$2,083,279$1,617,804$3,527,996
56$4,907,065$2,104,515$1,591,156$3,744,160
57$5,324,194$2,124,245$1,561,068$3,979,600
58$5,781,244$2,142,314$1,527,346$4,236,266
59$6,282,203$2,158,560$1,489,784$4,516,309
60$6,831,465$2,172,807$1,448,169$4,822,101
61$7,433,869$2,184,869$1,402,277$5,156,260
62$8,094,744$2,194,548$1,351,874$5,521,674
63$8,819,961$2,201,634$1,296,715$5,921,529
64$9,615,986$2,205,903$1,236,544$6,359,337
65$10,489,942$2,207,117$1,171,094$6,838,976
66$11,449,675$2,205,025$1,100,084$7,364,721
67$12,503,828$2,199,357$1,023,223$7,941,289
68$13,661,923$2,189,830$940,205$8,573,882
69$14,934,448$2,176,141$850,711$9,268,237
70$16,332,960$2,157,970$754,408$10,030,684
71$17,870,189$2,134,977$650,948$10,868,201
72$19,560,160$2,106,803$539,966$11,788,488
73$21,418,326$2,073,065$421,084$12,800,033
74$23,461,709$2,033,360$293,905$13,912,201
75$25,709,067$1,987,258$158,015$15,135,316
76$28,181,065$1,934,307$12,981$16,480,765
77$30,900,472$1,874,026$0$17,961,104
78$33,892,373$1,805,907$0$19,617,414
79$37,184,411$1,729,411$0$21,442,161
80$40,807,039$1,643,971$0$23,449,780
81$44,793,814$1,548,983$0$25,658,933
82$49,181,711$1,443,810$0$28,090,195
83$54,011,469$1,327,781$0$30,766,241
84$59,327,980$1,200,183$0$33,712,068
85$65,180,705$1,060,264$0$36,955,233
86$71,624,149$907,228$0$40,526,105
87$78,718,367$740,237$0$44,458,165
88$86,529,534$558,403$0$48,788,316
89$95,130,571$360,789$0$53,557,233
90$104,601,826$146,404$0$58,809,753
91$115,031,840$0$0$64,595,296
92$126,518,174$0$0$70,997,601
93$139,168,337$0$0$78,103,839
94$153,100,794$0$0$85,930,645
95$168,446,085$0$0$94,551,381
96$185,348,061$0$0$104,046,891
97$203,965,233$0$0$114,506,257
98$224,472,274$0$0$126,027,646
99$247,061,664$0$0$138,719,233
100$271,945,509$0$0$152,700,219