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

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 $1,690,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$139,559$138,316$137,103$135,919$134,763$133,578
2 years$69,088$67,802$66,555$65,346$64,173$62,979
3 years$45,601$44,309$43,065$41,868$40,714$39,548
4 years$33,860$32,572$31,341$30,163$29,037$27,908
5 years$26,817$25,537$24,322$23,168$22,074$20,985
6 years$22,124$20,853$19,655$18,528$17,466$16,419
7 years$18,772$17,512$16,334$15,233$14,205$13,199
8 years$16,260$15,011$13,852$12,778$11,784$10,821
9 years$14,307$13,070$11,931$10,884$9,924$9,002
10 years$12,745$11,520$10,402$9,382$8,456$7,575
11 years$11,469$10,256$9,157$8,166$7,272$6,432
12 years$10,405$9,205$8,127$7,162$6,302$5,501
13 years$9,507$8,319$7,261$6,323$5,495$4,734
14 years$8,737$7,562$6,524$5,613$4,817$4,093
15 years$8,070$6,908$5,890$5,006$4,241$3,554
16 years$7,487$6,338$5,340$4,482$3,749$3,097
17 years$6,974$5,837$4,860$4,027$3,324$2,707
18 years$6,518$5,393$4,436$3,629$2,955$2,372
19 years$6,110$4,999$4,061$3,279$2,634$2,083
20 years$5,744$4,645$3,727$2,970$2,353$1,833
21 years$5,413$4,327$3,428$2,696$2,106$1,615
22 years$5,112$4,039$3,160$2,451$1,887$1,425
23 years$4,838$3,777$2,917$2,232$1,694$1,259
24 years$4,587$3,539$2,698$2,036$1,523$1,114
25 years$4,357$3,321$2,499$1,859$1,370$987
26 years$4,145$3,121$2,318$1,700$1,234$874
27 years$3,949$2,938$2,152$1,556$1,113$775
28 years$3,767$2,768$2,001$1,426$1,004$688
29 years$3,598$2,611$1,862$1,307$907$611
30 years$3,440$2,466$1,734$1,200$819$543
31 years$3,293$2,331$1,617$1,102$741$483
32 years$3,156$2,206$1,508$1,013$670$429
33 years$3,027$2,089$1,408$931$606$382
34 years$2,905$1,980$1,316$857$549$340
35 years$2,791$1,878$1,230$789$497$302
36 years$2,684$1,782$1,151$726$451$269
37 years$2,583$1,693$1,077$669$408$240
38 years$2,487$1,609$1,009$617$370$213
39 years$2,396$1,530$945$569$336$190
40 years$2,310$1,456$886$525$304$169
41 years$2,229$1,386$831$484$276$151
42 years$2,152$1,320$779$447$251$134
43 years$2,078$1,257$731$412$227$120
44 years$2,008$1,198$686$381$206$107
45 years$1,941$1,143$644$352$187$95
46 years$1,878$1,090$605$325$170$85
47 years$1,817$1,040$569$300$155$76
48 years$1,759$993$534$277$140$67
49 years$1,703$948$502$256$127$60
50 years$1,650$906$472$237$116$54

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 $6,186 every year, while hoping to spend $24,506 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: 32/50/18 Blend
42$1,690,000$1,690,000$1,690,000$1,690,000
43$1,868,761$1,779,191$1,752,996$1,917,892
44$2,033,300$1,840,297$1,785,647$2,016,090
45$2,213,801$1,903,576$1,818,571$2,119,108
46$2,411,866$1,969,109$1,851,750$2,229,552
47$2,629,260$2,036,978$1,885,167$2,348,083
48$2,867,927$2,107,272$1,918,802$2,475,429
49$3,130,007$2,180,081$1,952,634$2,612,390
50$3,417,861$2,255,497$1,986,640$2,759,842
51$3,734,086$2,333,621$2,020,796$2,918,747
52$4,081,546$2,414,551$2,055,076$3,090,165
53$4,463,395$2,498,395$2,089,452$3,275,258
54$4,883,106$2,585,261$2,123,893$3,475,302
55$5,344,507$2,675,263$2,158,369$3,691,701
56$5,851,817$2,768,521$2,192,844$3,925,998
57$6,409,680$2,865,156$2,227,282$4,179,890
58$7,023,216$2,965,298$2,261,644$4,455,242
59$7,698,065$3,069,078$2,295,890$4,754,104
60$8,440,440$3,176,636$2,329,975$5,078,733
61$9,257,189$3,288,115$2,363,853$5,431,610
62$10,155,855$3,403,665$2,397,475$5,815,463
63$11,144,749$3,523,441$2,430,787$6,233,298
64$12,233,029$3,647,606$2,463,735$6,688,416
65$13,430,788$3,776,328$2,496,259$7,184,455
66$14,749,142$3,909,782$2,528,297$7,725,416
67$16,200,343$4,048,150$2,559,784$8,315,701
68$17,797,890$4,191,622$2,590,650$8,960,159
69$19,556,659$4,340,395$2,620,820$9,664,125
70$21,493,038$4,494,674$2,650,218$10,433,471
71$23,625,089$4,654,674$2,678,761$11,274,663
72$25,972,711$4,820,616$2,706,362$12,194,820
73$28,557,833$4,992,732$2,732,931$13,201,779
74$31,404,619$5,171,263$2,758,371$14,304,169
75$34,539,695$5,356,459$2,782,581$15,511,492
76$37,992,400$5,548,582$2,805,454$16,834,213
77$41,795,065$5,747,903$2,826,877$18,283,854
78$45,983,316$5,954,705$2,846,732$19,873,105
79$50,596,411$6,169,282$2,864,894$21,615,940
80$55,677,610$6,391,942$2,881,233$23,527,753
81$61,274,583$6,623,004$2,895,611$25,625,494
82$67,439,860$6,862,800$2,907,883$27,927,837
83$74,231,326$7,111,678$2,917,897$30,455,347
84$81,712,768$7,369,997$2,925,494$33,230,678
85$89,954,478$7,638,134$2,930,505$36,278,784
86$99,033,912$7,916,480$2,932,755$39,627,152
87$109,036,428$8,205,444$2,932,059$43,306,062
88$120,056,083$8,505,451$2,928,222$47,348,870
89$132,196,528$8,816,942$2,921,042$51,792,322
90$145,571,982$9,140,381$2,910,306$56,676,898
91$160,308,313$9,476,248$2,895,789$62,047,195
92$176,544,220$9,825,043$2,877,258$67,952,344
93$194,432,550$10,187,290$2,854,466$74,446,473
94$214,141,737$10,563,534$2,827,156$81,589,217
95$235,857,387$10,954,340$2,795,059$89,446,276
96$259,784,040$11,360,302$2,757,893$98,090,036
97$286,147,090$11,782,035$2,715,361$107,600,249
98$315,194,922$12,220,184$2,667,155$118,064,786
99$347,201,249$12,675,418$2,612,949$129,580,461
100$382,467,700$13,148,436$2,552,406$142,253,943