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%11.3%
1 years$139,559$138,316$137,103$135,919$134,763$134,026
2 years$69,088$67,802$66,555$65,346$64,173$63,429
3 years$45,601$44,309$43,065$41,868$40,714$39,987
4 years$33,860$32,572$31,341$30,163$29,037$28,332
5 years$26,817$25,537$24,322$23,168$22,074$21,393
6 years$22,124$20,853$19,655$18,528$17,466$16,810
7 years$18,772$17,512$16,334$15,233$14,205$13,574
8 years$16,260$15,011$13,852$12,778$11,784$11,178
9 years$14,307$13,070$11,931$10,884$9,924$9,343
10 years$12,745$11,520$10,402$9,382$8,456$7,900
11 years$11,469$10,256$9,157$8,166$7,272$6,741
12 years$10,405$9,205$8,127$7,162$6,302$5,795
13 years$9,507$8,319$7,261$6,323$5,495$5,012
14 years$8,737$7,562$6,524$5,613$4,817$4,356
15 years$8,070$6,908$5,890$5,006$4,241$3,803
16 years$7,487$6,338$5,340$4,482$3,749$3,332
17 years$6,974$5,837$4,860$4,027$3,324$2,928
18 years$6,518$5,393$4,436$3,629$2,955$2,580
19 years$6,110$4,999$4,061$3,279$2,634$2,279
20 years$5,744$4,645$3,727$2,970$2,353$2,017
21 years$5,413$4,327$3,428$2,696$2,106$1,788
22 years$5,112$4,039$3,160$2,451$1,887$1,587
23 years$4,838$3,777$2,917$2,232$1,694$1,411
24 years$4,587$3,539$2,698$2,036$1,523$1,256
25 years$4,357$3,321$2,499$1,859$1,370$1,119
26 years$4,145$3,121$2,318$1,700$1,234$998
27 years$3,949$2,938$2,152$1,556$1,113$891
28 years$3,767$2,768$2,001$1,426$1,004$795
29 years$3,598$2,611$1,862$1,307$907$711
30 years$3,440$2,466$1,734$1,200$819$636
31 years$3,293$2,331$1,617$1,102$741$569
32 years$3,156$2,206$1,508$1,013$670$509
33 years$3,027$2,089$1,408$931$606$456
34 years$2,905$1,980$1,316$857$549$408
35 years$2,791$1,878$1,230$789$497$366
36 years$2,684$1,782$1,151$726$451$328
37 years$2,583$1,693$1,077$669$408$294
38 years$2,487$1,609$1,009$617$370$264
39 years$2,396$1,530$945$569$336$236
40 years$2,310$1,456$886$525$304$212
41 years$2,229$1,386$831$484$276$190
42 years$2,152$1,320$779$447$251$171
43 years$2,078$1,257$731$412$227$153
44 years$2,008$1,198$686$381$206$138
45 years$1,941$1,143$644$352$187$123
46 years$1,878$1,090$605$325$170$111
47 years$1,817$1,040$569$300$155$100
48 years$1,759$993$534$277$140$89
49 years$1,703$948$502$256$127$80
50 years$1,650$906$472$237$116$72

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 $5,970 every year, while hoping to spend $50,195 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: 81/5/14 Blend
42$1,690,000$1,690,000$1,690,000$1,690,000
43$1,868,538$1,778,968$1,752,773$2,014,257
44$2,005,722$1,812,730$1,758,084$2,144,596
45$2,155,216$1,846,465$1,761,890$2,280,509
46$2,318,223$1,880,117$1,764,089$2,428,251
47$2,496,067$1,913,628$1,764,571$2,588,987
48$2,690,205$1,946,935$1,763,223$2,763,995
49$2,902,241$1,979,969$1,759,926$2,954,689
50$3,133,939$2,012,657$1,754,553$3,162,621
51$3,387,244$2,044,921$1,746,974$3,389,504
52$3,664,296$2,076,675$1,737,051$3,637,224
53$3,967,452$2,107,829$1,724,639$3,907,858
54$4,299,305$2,138,286$1,709,588$4,203,696
55$4,662,713$2,167,941$1,691,738$4,527,260
56$5,060,823$2,196,683$1,670,924$4,881,329
57$5,497,099$2,224,393$1,646,972$5,268,965
58$5,975,357$2,250,942$1,619,700$5,693,540
59$6,499,801$2,276,196$1,588,917$6,158,773
60$7,075,059$2,300,008$1,554,424$6,668,758
61$7,706,230$2,322,223$1,516,013$7,228,010
62$8,398,931$2,342,677$1,473,464$7,841,500
63$9,159,346$2,361,193$1,426,550$8,514,710
64$9,994,292$2,377,584$1,375,031$9,253,676
65$10,911,274$2,391,649$1,318,659$10,065,055
66$11,918,561$2,403,177$1,257,171$10,956,177
67$13,025,263$2,411,942$1,190,295$11,935,123
68$14,241,415$2,417,703$1,117,746$13,010,798
69$15,578,074$2,420,204$1,039,225$14,193,015
70$17,047,419$2,419,176$954,420$15,492,585
71$18,662,869$2,414,329$863,006$16,921,425
72$20,439,208$2,405,357$764,644$18,492,667
73$22,392,725$2,391,937$658,977$20,220,782
74$24,541,365$2,373,725$545,635$22,121,718
75$26,904,901$2,350,354$424,230$24,213,048
76$29,505,117$2,321,437$294,358$26,514,141
77$32,366,017$2,286,566$155,597$29,046,338
78$35,514,047$2,245,304$7,506$31,833,161
79$38,978,347$2,197,191$0$34,900,531
80$42,791,024$2,141,739$0$38,299,498
81$46,987,456$2,078,432$0$42,041,715
82$51,606,625$2,006,723$0$46,160,825
83$56,691,482$1,926,034$0$50,695,137
84$62,289,355$1,835,751$0$55,686,866
85$68,452,394$1,735,228$0$61,182,526
86$75,238,064$1,623,780$0$67,233,375
87$82,709,683$1,500,681$0$73,895,895
88$90,937,023$1,365,167$0$81,232,325
89$99,996,966$1,216,428$0$89,311,249
90$109,974,232$1,053,608$0$98,208,243
91$120,962,172$875,803$0$108,006,587
92$133,063,655$682,059$0$118,798,054
93$146,392,035$471,366$0$130,683,772
94$161,072,220$242,661$0$143,775,181
95$177,241,851$0$0$158,195,082
96$195,052,604$0$0$174,079,087
97$214,671,614$0$0$191,590,501
98$236,283,058$0$0$210,880,373
99$260,089,890$0$0$232,129,863
100$286,315,756$0$0$255,538,601