Can I retire at age 43 with 1,690,000?

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 $1,690,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$139,559$138,316$137,103$135,919$134,763$132,042
2 years$69,088$67,802$66,555$65,346$64,173$61,443
3 years$45,601$44,309$43,065$41,868$40,714$38,061
4 years$33,860$32,572$31,341$30,163$29,037$26,482
5 years$26,817$25,537$24,322$23,168$22,074$19,623
6 years$22,124$20,853$19,655$18,528$17,466$15,122
7 years$18,772$17,512$16,334$15,233$14,205$11,968
8 years$16,260$15,011$13,852$12,778$11,784$9,655
9 years$14,307$13,070$11,931$10,884$9,924$7,900
10 years$12,745$11,520$10,402$9,382$8,456$6,535
11 years$11,469$10,256$9,157$8,166$7,272$5,453
12 years$10,405$9,205$8,127$7,162$6,302$4,581
13 years$9,507$8,319$7,261$6,323$5,495$3,870
14 years$8,737$7,562$6,524$5,613$4,817$3,284
15 years$8,070$6,908$5,890$5,006$4,241$2,798
16 years$7,487$6,338$5,340$4,482$3,749$2,391
17 years$6,974$5,837$4,860$4,027$3,324$2,049
18 years$6,518$5,393$4,436$3,629$2,955$1,759
19 years$6,110$4,999$4,061$3,279$2,634$1,514
20 years$5,744$4,645$3,727$2,970$2,353$1,304
21 years$5,413$4,327$3,428$2,696$2,106$1,125
22 years$5,112$4,039$3,160$2,451$1,887$972
23 years$4,838$3,777$2,917$2,232$1,694$841
24 years$4,587$3,539$2,698$2,036$1,523$728
25 years$4,357$3,321$2,499$1,859$1,370$630
26 years$4,145$3,121$2,318$1,700$1,234$546
27 years$3,949$2,938$2,152$1,556$1,113$474
28 years$3,767$2,768$2,001$1,426$1,004$411
29 years$3,598$2,611$1,862$1,307$907$357
30 years$3,440$2,466$1,734$1,200$819$310
31 years$3,293$2,331$1,617$1,102$741$269
32 years$3,156$2,206$1,508$1,013$670$234
33 years$3,027$2,089$1,408$931$606$203
34 years$2,905$1,980$1,316$857$549$177
35 years$2,791$1,878$1,230$789$497$153
36 years$2,684$1,782$1,151$726$451$133
37 years$2,583$1,693$1,077$669$408$116
38 years$2,487$1,609$1,009$617$370$101
39 years$2,396$1,530$945$569$336$88
40 years$2,310$1,456$886$525$304$76
41 years$2,229$1,386$831$484$276$66
42 years$2,152$1,320$779$447$251$58
43 years$2,078$1,257$731$412$227$50
44 years$2,008$1,198$686$381$206$44
45 years$1,941$1,143$644$352$187$38
46 years$1,878$1,090$605$325$170$33
47 years$1,817$1,040$569$300$155$29
48 years$1,759$993$534$277$140$25
49 years$1,703$948$502$256$127$22
50 years$1,650$906$472$237$116$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,690,000, adding $2,915 every year, while hoping to spend $34,831 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: 71/7/22 Blend
42$1,690,000$1,690,000$1,690,000$1,690,000
43$1,865,387$1,775,817$1,749,622$1,987,475
44$2,018,596$1,825,772$1,771,174$2,119,253
45$2,186,266$1,877,007$1,792,281$2,259,099
46$2,369,834$1,929,549$1,812,891$2,411,371
47$2,570,883$1,983,424$1,832,950$2,577,296
48$2,791,158$2,038,657$1,852,399$2,758,228
49$3,032,580$2,095,275$1,871,178$2,955,658
50$3,297,264$2,153,303$1,889,222$3,171,230
51$3,587,539$2,212,770$1,906,466$3,406,751
52$3,905,972$2,273,699$1,922,836$3,664,216
53$4,255,389$2,336,118$1,938,259$3,945,821
54$4,638,903$2,400,052$1,952,655$4,253,987
55$5,059,943$2,465,528$1,965,942$4,591,379
56$5,522,288$2,532,569$1,978,031$4,960,935
57$6,030,099$2,601,202$1,988,832$5,365,892
58$6,587,958$2,671,451$1,998,248$5,809,818
59$7,200,918$2,743,339$2,006,177$6,296,641
60$7,874,540$2,816,892$2,012,513$6,830,693
61$8,614,955$2,892,131$2,017,143$7,416,745
62$9,428,913$2,969,079$2,019,951$8,060,056
63$10,323,856$3,047,757$2,020,812$8,766,420
64$11,307,978$3,128,186$2,019,599$9,542,222
65$12,390,310$3,210,385$2,016,173$10,394,498
66$13,580,801$3,294,373$2,010,394$11,331,001
67$14,890,412$3,380,167$2,002,112$12,360,276
68$16,331,221$3,467,782$1,991,170$13,491,738
69$17,916,536$3,557,233$1,977,404$14,735,763
70$19,661,017$3,648,533$1,960,642$16,103,784
71$21,580,822$3,741,691$1,940,704$17,608,402
72$23,693,749$3,836,717$1,917,401$19,263,502
73$26,019,412$3,933,618$1,890,535$21,084,386
74$28,579,424$4,032,397$1,859,900$23,087,917
75$31,397,597$4,133,056$1,825,278$25,292,678
76$34,500,170$4,235,594$1,786,443$27,719,147
77$37,916,057$4,340,007$1,743,158$30,389,892
78$41,677,115$4,446,288$1,695,174$33,329,784
79$45,818,450$4,554,426$1,642,232$36,566,229
80$50,378,745$4,664,405$1,584,060$40,129,432
81$55,400,624$4,776,209$1,520,373$44,052,677
82$60,931,058$4,889,813$1,450,876$48,372,645
83$67,021,802$5,005,190$1,375,256$53,129,759
84$73,729,889$5,122,307$1,293,191$58,368,567
85$81,118,165$5,241,127$1,204,339$64,138,161
86$89,255,881$5,361,606$1,108,348$70,492,640
87$98,219,350$5,483,694$1,004,847$77,491,627
88$108,092,663$5,607,334$893,448$85,200,823
89$118,968,484$5,732,463$773,748$93,692,635
90$130,948,925$5,859,010$645,325$103,046,857
91$144,146,510$5,986,896$507,738$113,351,424
92$158,685,234$6,116,033$360,527$124,703,240
93$174,701,734$6,246,325$203,211$137,209,099
94$192,346,582$6,377,665$35,289$150,986,689
95$211,785,699$6,509,938$0$166,165,703
96$233,201,930$6,643,014$0$182,922,852
97$256,796,760$6,776,755$0$201,392,895
98$282,792,222$6,911,008$0$221,741,252
99$311,432,990$7,045,609$0$244,159,347
100$342,988,689$7,180,378$0$268,858,127