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

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 $1,680,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$138,733$137,497$136,291$135,115$133,966$130,886
2 years$68,680$67,401$66,161$64,959$63,793$60,708
3 years$45,332$44,047$42,810$41,620$40,473$37,478
4 years$33,660$32,379$31,155$29,985$28,866$25,984
5 years$26,659$25,386$24,178$23,031$21,943$19,183
6 years$21,993$20,729$19,539$18,418$17,363$14,727
7 years$18,661$17,408$16,237$15,143$14,121$11,610
8 years$16,164$14,922$13,770$12,703$11,714$9,327
9 years$14,222$12,993$11,860$10,820$9,865$7,600
10 years$12,670$11,452$10,340$9,327$8,406$6,260
11 years$11,401$10,195$9,103$8,117$7,229$5,200
12 years$10,344$9,151$8,079$7,120$6,265$4,349
13 years$9,450$8,270$7,218$6,286$5,463$3,657
14 years$8,685$7,517$6,485$5,580$4,789$3,089
15 years$8,022$6,867$5,855$4,976$4,216$2,619
16 years$7,443$6,300$5,309$4,456$3,726$2,227
17 years$6,932$5,802$4,831$4,003$3,304$1,898
18 years$6,479$5,361$4,410$3,608$2,938$1,622
19 years$6,074$4,969$4,037$3,260$2,619$1,388
20 years$5,710$4,617$3,705$2,953$2,339$1,190
21 years$5,381$4,301$3,408$2,680$2,093$1,021
22 years$5,082$4,015$3,141$2,436$1,876$877
23 years$4,810$3,755$2,900$2,219$1,684$755
24 years$4,560$3,518$2,682$2,024$1,514$650
25 years$4,331$3,302$2,484$1,848$1,362$560
26 years$4,120$3,103$2,304$1,690$1,227$482
27 years$3,925$2,920$2,139$1,547$1,106$416
28 years$3,744$2,752$1,989$1,417$998$359
29 years$3,576$2,596$1,851$1,300$901$310
30 years$3,420$2,452$1,724$1,193$814$267
31 years$3,274$2,318$1,607$1,095$736$231
32 years$3,137$2,193$1,500$1,007$666$199
33 years$3,009$2,077$1,400$926$603$172
34 years$2,888$1,968$1,308$852$546$149
35 years$2,775$1,867$1,223$784$494$129
36 years$2,668$1,772$1,144$722$448$111
37 years$2,567$1,683$1,071$665$406$96
38 years$2,472$1,599$1,003$613$368$83
39 years$2,382$1,521$940$565$334$72
40 years$2,297$1,447$881$522$303$62
41 years$2,216$1,377$826$481$275$54
42 years$2,139$1,312$775$444$249$46
43 years$2,066$1,250$727$410$226$40
44 years$1,996$1,191$682$379$205$35
45 years$1,930$1,136$641$350$186$30
46 years$1,866$1,084$602$323$169$26
47 years$1,806$1,034$565$298$154$22
48 years$1,748$987$531$276$140$19
49 years$1,693$943$499$255$127$17
50 years$1,640$901$469$235$115$15

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 $6,095 every year, while hoping to spend $55,386 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: 57/28/15 Blend
42$1,680,000$1,680,000$1,680,000$1,680,000
43$1,857,647$1,768,607$1,742,567$1,955,996
44$1,988,197$1,796,338$1,742,013$2,051,073
45$2,130,206$1,823,572$1,739,584$2,148,040
46$2,284,786$1,850,226$1,735,158$2,252,428
47$2,453,158$1,876,211$1,728,610$2,364,957
48$2,636,666$1,901,431$1,719,804$2,486,426
49$2,836,791$1,925,786$1,708,602$2,617,711
50$3,055,160$1,949,167$1,694,858$2,759,781
51$3,293,568$1,971,457$1,678,417$2,913,704
52$3,553,986$1,992,533$1,659,118$3,080,659
53$3,838,589$2,012,263$1,636,794$3,261,947
54$4,149,766$2,030,506$1,611,269$3,459,000
55$4,490,153$2,047,111$1,582,357$3,673,400
56$4,862,648$2,061,919$1,549,865$3,906,892
57$5,270,444$2,074,759$1,513,592$4,161,400
58$5,717,058$2,085,450$1,473,325$4,439,047
59$6,206,360$2,093,799$1,428,844$4,742,175
60$6,742,615$2,099,602$1,379,916$5,073,365
61$7,330,519$2,102,640$1,326,301$5,435,466
62$7,975,245$2,102,682$1,267,745$5,831,620
63$8,682,488$2,099,482$1,203,982$6,265,293
64$9,458,524$2,092,778$1,134,738$6,740,306
65$10,310,264$2,082,295$1,059,722$7,260,874
66$11,245,320$2,067,737$978,633$7,831,648
67$12,272,080$2,048,794$891,154$8,457,754
68$13,399,782$2,025,134$796,957$9,144,847
69$14,638,601$1,996,407$695,696$9,899,164
70$15,999,749$1,962,241$587,013$10,727,582
71$17,495,576$1,922,244$470,531$11,637,685
72$19,139,690$1,875,999$345,858$12,637,837
73$20,947,079$1,823,063$212,585$13,737,262
74$22,934,259$1,762,971$70,285$14,946,129
75$25,119,424$1,695,228$0$16,275,654
76$27,522,621$1,619,310$0$17,751,260
77$30,165,936$1,534,664$0$19,386,378
78$33,073,704$1,440,704$0$21,184,862
79$36,272,735$1,336,812$0$23,163,370
80$39,792,571$1,222,334$0$25,340,266
81$43,665,761$1,096,576$0$27,735,791
82$47,928,169$958,808$0$30,372,257
83$52,619,309$808,257$0$33,274,259
84$57,782,724$644,107$0$36,468,906
85$63,466,389$465,495$0$39,986,080
86$69,723,167$271,511$0$43,858,718
87$76,611,308$61,192$0$48,123,126
88$84,194,995$0$0$52,819,322
89$92,544,952$0$0$58,042,708
90$101,739,109$0$0$63,815,139
91$111,863,340$0$0$70,171,699
92$123,012,268$0$0$77,171,821
93$135,290,160$0$0$84,880,998
94$148,811,913$0$0$93,371,396
95$163,704,133$0$0$102,722,541
96$180,106,331$0$0$113,022,060
97$198,172,242$0$0$124,366,519
98$218,071,270$0$0$136,862,322
99$239,990,090$0$0$150,626,726
100$264,134,410$0$0$165,788,939