Can I retire at age 43 with 1,680,000?

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 $1,680,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$138,733$137,497$136,291$135,115$133,966$131,692
2 years$68,680$67,401$66,161$64,959$63,793$61,510
3 years$45,332$44,047$42,810$41,620$40,473$38,251
4 years$33,660$32,379$31,155$29,985$28,866$26,721
5 years$26,659$25,386$24,178$23,031$21,943$19,883
6 years$21,993$20,729$19,539$18,418$17,363$15,390
7 years$18,661$17,408$16,237$15,143$14,121$12,235
8 years$16,164$14,922$13,770$12,703$11,714$9,916
9 years$14,222$12,993$11,860$10,820$9,865$8,152
10 years$12,670$11,452$10,340$9,327$8,406$6,777
11 years$11,401$10,195$9,103$8,117$7,229$5,683
12 years$10,344$9,151$8,079$7,120$6,265$4,799
13 years$9,450$8,270$7,218$6,286$5,463$4,076
14 years$8,685$7,517$6,485$5,580$4,789$3,478
15 years$8,022$6,867$5,855$4,976$4,216$2,979
16 years$7,443$6,300$5,309$4,456$3,726$2,560
17 years$6,932$5,802$4,831$4,003$3,304$2,206
18 years$6,479$5,361$4,410$3,608$2,938$1,906
19 years$6,074$4,969$4,037$3,260$2,619$1,649
20 years$5,710$4,617$3,705$2,953$2,339$1,430
21 years$5,381$4,301$3,408$2,680$2,093$1,241
22 years$5,082$4,015$3,141$2,436$1,876$1,079
23 years$4,810$3,755$2,900$2,219$1,684$939
24 years$4,560$3,518$2,682$2,024$1,514$818
25 years$4,331$3,302$2,484$1,848$1,362$713
26 years$4,120$3,103$2,304$1,690$1,227$622
27 years$3,925$2,920$2,139$1,547$1,106$543
28 years$3,744$2,752$1,989$1,417$998$474
29 years$3,576$2,596$1,851$1,300$901$414
30 years$3,420$2,452$1,724$1,193$814$362
31 years$3,274$2,318$1,607$1,095$736$316
32 years$3,137$2,193$1,500$1,007$666$277
33 years$3,009$2,077$1,400$926$603$242
34 years$2,888$1,968$1,308$852$546$212
35 years$2,775$1,867$1,223$784$494$185
36 years$2,668$1,772$1,144$722$448$162
37 years$2,567$1,683$1,071$665$406$142
38 years$2,472$1,599$1,003$613$368$124
39 years$2,382$1,521$940$565$334$109
40 years$2,297$1,447$881$522$303$95
41 years$2,216$1,377$826$481$275$84
42 years$2,139$1,312$775$444$249$73
43 years$2,066$1,250$727$410$226$64
44 years$1,996$1,191$682$379$205$56
45 years$1,930$1,136$641$350$186$49
46 years$1,866$1,084$602$323$169$43
47 years$1,806$1,034$565$298$154$38
48 years$1,748$987$531$276$140$33
49 years$1,693$943$499$255$127$29
50 years$1,640$901$469$235$115$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,680,000, adding $2,451 every year, while hoping to spend $34,104 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: 40/49/11 Blend
42$1,680,000$1,680,000$1,680,000$1,680,000
43$1,853,888$1,764,848$1,738,808$1,921,847
44$2,006,698$1,815,039$1,760,772$2,020,160
45$2,173,952$1,866,547$1,782,328$2,122,890
46$2,357,087$1,919,399$1,803,428$2,233,262
47$2,557,685$1,973,625$1,824,018$2,351,982
48$2,777,490$2,029,254$1,844,044$2,479,828
49$3,018,421$2,086,314$1,863,446$2,617,654
50$3,282,592$2,144,836$1,882,164$2,766,401
51$3,572,332$2,204,848$1,900,132$2,927,102
52$3,890,205$2,266,381$1,917,281$3,100,896
53$4,239,036$2,329,464$1,933,540$3,289,035
54$4,621,937$2,394,127$1,948,833$3,492,897
55$5,042,335$2,460,400$1,963,080$3,714,000
56$5,504,006$2,528,312$1,976,196$3,954,014
57$6,011,109$2,597,894$1,988,093$4,214,776
58$6,568,226$2,669,175$1,998,678$4,498,313
59$7,180,405$2,742,183$2,007,853$4,806,853
60$7,853,205$2,816,950$2,015,515$5,142,850
61$8,592,754$2,893,502$2,021,557$5,509,007
62$9,405,801$2,971,869$2,025,864$5,908,301
63$10,299,780$3,052,078$2,028,319$6,344,012
64$11,282,885$3,134,157$2,028,795$6,819,749
65$12,364,141$3,218,133$2,027,161$7,339,491
66$13,553,493$3,304,031$2,023,280$7,907,618
67$14,861,897$3,391,877$2,017,008$8,528,959
68$16,301,426$3,481,694$2,008,194$9,208,828
69$17,885,381$3,573,506$1,996,678$9,953,083
70$19,628,417$3,667,336$1,982,294$10,768,177
71$21,546,683$3,763,203$1,964,868$11,661,220
72$23,657,971$3,861,126$1,944,218$12,640,043
73$25,981,887$3,961,124$1,920,152$13,713,275
74$28,540,033$4,063,212$1,892,470$14,890,426
75$31,356,211$4,167,404$1,860,962$16,181,969
76$34,456,650$4,273,712$1,825,410$17,599,449
77$37,870,250$4,382,146$1,785,583$19,155,583
78$41,628,856$4,492,712$1,741,240$20,864,386
79$45,767,559$4,605,415$1,692,132$22,741,298
80$50,325,025$4,720,255$1,637,994$24,803,336
81$55,343,862$4,837,232$1,578,551$27,069,248
82$60,871,020$4,956,340$1,513,516$29,559,695
83$66,958,233$5,077,570$1,442,588$32,297,443
84$73,662,510$5,200,909$1,365,452$35,307,579
85$81,046,672$5,326,339$1,281,780$38,617,748
86$89,179,942$5,453,839$1,191,229$42,258,414
87$98,138,600$5,583,381$1,093,440$46,263,148
88$108,006,704$5,714,933$988,037$50,668,942
89$118,876,881$5,848,458$874,629$55,516,562
90$130,851,200$5,983,910$752,806$60,850,932
91$144,042,140$6,121,239$622,143$66,721,559
92$158,573,645$6,260,387$482,192$73,182,996
93$174,582,299$6,401,288$332,487$80,295,363
94$192,218,612$6,543,868$172,543$88,124,912
95$211,648,438$6,688,046$1,852$96,744,652
96$233,054,549$6,833,730$0$106,235,042
97$256,638,348$6,980,819$0$116,705,909
98$282,621,781$7,129,200$0$128,235,409
99$311,249,423$7,278,751$0$140,931,068
100$342,790,791$7,429,337$0$154,911,622