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%17%
1 years$138,733$137,497$136,291$135,115$133,966$130,147
2 years$68,680$67,401$66,161$64,959$63,793$59,975
3 years$45,332$44,047$42,810$41,620$40,473$36,776
4 years$33,660$32,379$31,155$29,985$28,866$25,318
5 years$26,659$25,386$24,178$23,031$21,943$18,554
6 years$21,993$20,729$19,539$18,418$17,363$14,136
7 years$18,661$17,408$16,237$15,143$14,121$11,056
8 years$16,164$14,922$13,770$12,703$11,714$8,810
9 years$14,222$12,993$11,860$10,820$9,865$7,118
10 years$12,670$11,452$10,340$9,327$8,406$5,812
11 years$11,401$10,195$9,103$8,117$7,229$4,785
12 years$10,344$9,151$8,079$7,120$6,265$3,965
13 years$9,450$8,270$7,218$6,286$5,463$3,303
14 years$8,685$7,517$6,485$5,580$4,789$2,763
15 years$8,022$6,867$5,855$4,976$4,216$2,319
16 years$7,443$6,300$5,309$4,456$3,726$1,953
17 years$6,932$5,802$4,831$4,003$3,304$1,648
18 years$6,479$5,361$4,410$3,608$2,938$1,393
19 years$6,074$4,969$4,037$3,260$2,619$1,180
20 years$5,710$4,617$3,705$2,953$2,339$1,001
21 years$5,381$4,301$3,408$2,680$2,093$850
22 years$5,082$4,015$3,141$2,436$1,876$722
23 years$4,810$3,755$2,900$2,219$1,684$614
24 years$4,560$3,518$2,682$2,024$1,514$523
25 years$4,331$3,302$2,484$1,848$1,362$446
26 years$4,120$3,103$2,304$1,690$1,227$380
27 years$3,925$2,920$2,139$1,547$1,106$324
28 years$3,744$2,752$1,989$1,417$998$276
29 years$3,576$2,596$1,851$1,300$901$236
30 years$3,420$2,452$1,724$1,193$814$201
31 years$3,274$2,318$1,607$1,095$736$172
32 years$3,137$2,193$1,500$1,007$666$146
33 years$3,009$2,077$1,400$926$603$125
34 years$2,888$1,968$1,308$852$546$107
35 years$2,775$1,867$1,223$784$494$91
36 years$2,668$1,772$1,144$722$448$78
37 years$2,567$1,683$1,071$665$406$67
38 years$2,472$1,599$1,003$613$368$57
39 years$2,382$1,521$940$565$334$49
40 years$2,297$1,447$881$522$303$42
41 years$2,216$1,377$826$481$275$35
42 years$2,139$1,312$775$444$249$30
43 years$2,066$1,250$727$410$226$26
44 years$1,996$1,191$682$379$205$22
45 years$1,930$1,136$641$350$186$19
46 years$1,866$1,084$602$323$169$16
47 years$1,806$1,034$565$298$154$14
48 years$1,748$987$531$276$140$12
49 years$1,693$943$499$255$127$10
50 years$1,640$901$469$235$115$9

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 $5,216 every year, while hoping to spend $29,110 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: 58/25/17 Blend
42$1,680,000$1,680,000$1,680,000$1,680,000
43$1,856,740$1,767,700$1,741,660$1,955,920
44$2,015,155$1,823,345$1,769,033$2,079,377
45$2,188,752$1,880,740$1,796,347$2,210,260
46$2,379,050$1,939,942$1,823,570$2,352,277
47$2,587,720$2,001,006$1,850,667$2,506,505
48$2,816,604$2,063,992$1,877,600$2,674,131
49$3,067,730$2,128,959$1,904,332$2,856,460
50$3,343,331$2,195,970$1,930,819$3,054,928
51$3,645,868$2,265,090$1,957,019$3,271,118
52$3,978,051$2,336,385$1,982,884$3,506,772
53$4,342,867$2,409,922$2,008,366$3,763,806
54$4,743,605$2,485,774$2,033,411$4,044,333
55$5,183,887$2,564,011$2,057,965$4,350,678
56$5,667,706$2,644,710$2,081,969$4,685,402
57$6,199,458$2,727,947$2,105,362$5,051,326
58$6,783,990$2,813,803$2,128,078$5,451,554
59$7,426,637$2,902,360$2,150,049$5,889,509
60$8,133,281$2,993,703$2,171,202$6,368,958
61$8,910,400$3,087,918$2,191,462$6,894,053
62$9,765,132$3,185,098$2,210,747$7,469,365
63$10,705,342$3,285,334$2,228,974$8,099,930
64$11,739,694$3,388,723$2,246,052$8,791,296
65$12,877,737$3,495,364$2,261,888$9,549,576
66$14,129,988$3,605,359$2,276,383$10,381,502
67$15,508,038$3,718,813$2,289,434$11,294,492
68$17,024,659$3,835,836$2,300,931$12,296,718
69$18,693,921$3,956,539$2,310,759$13,397,183
70$20,531,330$4,081,038$2,318,798$14,605,807
71$22,553,969$4,209,452$2,324,921$15,933,518
72$24,780,663$4,341,904$2,328,995$17,392,357
73$27,232,155$4,478,522$2,330,881$18,995,591
74$29,931,301$4,619,435$2,330,432$20,757,838
75$32,903,286$4,764,780$2,327,493$22,695,203
76$36,175,861$4,914,695$2,321,905$24,825,432
77$39,779,608$5,069,323$2,313,497$27,168,080
78$43,748,221$5,228,813$2,302,092$29,744,690
79$48,118,832$5,393,318$2,287,505$32,579,005
80$52,932,357$5,562,994$2,269,541$35,697,181
81$58,233,881$5,738,005$2,247,994$39,128,044
82$64,073,088$5,918,518$2,222,653$42,903,356
83$70,504,723$6,104,705$2,193,292$47,058,113
84$77,589,114$6,296,746$2,159,677$51,630,881
85$85,392,740$6,494,822$2,121,562$56,664,156
86$93,988,857$6,699,126$2,078,691$62,204,765
87$103,458,188$6,909,850$2,030,795$68,304,306
88$113,889,688$7,127,198$1,977,592$75,019,642
89$125,381,383$7,351,377$1,918,788$82,413,427
90$138,041,291$7,582,602$1,854,074$90,554,707
91$151,988,447$7,821,094$1,783,130$99,519,564
92$167,354,021$8,067,080$1,705,617$109,391,839
93$184,282,560$8,320,796$1,621,185$120,263,920
94$202,933,351$8,582,485$1,529,465$132,237,617
95$223,481,923$8,852,397$1,430,072$145,425,118
96$246,121,705$9,130,790$1,322,604$159,950,053
97$271,065,849$9,417,929$1,206,642$175,948,659
98$298,549,248$9,714,090$1,081,747$193,571,062
99$328,830,746$10,019,555$947,460$212,982,701
100$362,195,586$10,334,617$803,304$234,365,883