Can I retire at age 43 with 1,700,000?

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 $1,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$140,384$139,134$137,914$136,723$135,560$130,543
2 years$69,497$68,203$66,949$65,732$64,553$59,554
3 years$45,871$44,571$43,320$42,115$40,955$36,133
4 years$34,061$32,765$31,526$30,342$29,209$24,600
5 years$26,976$25,688$24,465$23,305$22,204$17,821
6 years$22,255$20,976$19,772$18,637$17,570$13,414
7 years$18,883$17,616$16,430$15,323$14,289$10,360
8 years$16,356$15,100$13,934$12,854$11,854$8,149
9 years$14,392$13,147$12,002$10,949$9,983$6,496
10 years$12,821$11,589$10,463$9,438$8,506$5,231
11 years$11,537$10,317$9,212$8,214$7,315$4,246
12 years$10,467$9,260$8,175$7,205$6,339$3,467
13 years$9,563$8,368$7,304$6,361$5,528$2,846
14 years$8,788$7,606$6,563$5,646$4,846$2,344
15 years$8,118$6,949$5,925$5,035$4,267$1,938
16 years$7,532$6,375$5,372$4,509$3,771$1,605
17 years$7,015$5,871$4,888$4,051$3,343$1,333
18 years$6,556$5,425$4,462$3,651$2,973$1,109
19 years$6,146$5,028$4,085$3,299$2,650$924
20 years$5,778$4,672$3,749$2,988$2,367$770
21 years$5,445$4,352$3,448$2,712$2,118$643
22 years$5,142$4,063$3,178$2,465$1,899$537
23 years$4,867$3,800$2,935$2,245$1,704$449
24 years$4,615$3,560$2,714$2,048$1,532$376
25 years$4,383$3,341$2,514$1,870$1,378$314
26 years$4,169$3,140$2,331$1,710$1,242$263
27 years$3,972$2,955$2,165$1,565$1,119$220
28 years$3,789$2,784$2,013$1,434$1,010$185
29 years$3,619$2,627$1,873$1,315$912$155
30 years$3,460$2,481$1,744$1,207$824$130
31 years$3,313$2,345$1,626$1,108$745$109
32 years$3,174$2,219$1,517$1,019$674$91
33 years$3,044$2,101$1,417$937$610$76
34 years$2,923$1,992$1,324$862$552$64
35 years$2,808$1,889$1,238$793$500$54
36 years$2,700$1,793$1,158$731$453$45
37 years$2,598$1,703$1,084$673$411$38
38 years$2,502$1,618$1,015$621$372$32
39 years$2,411$1,539$951$572$338$27
40 years$2,324$1,464$891$528$306$22
41 years$2,242$1,394$836$487$278$19
42 years$2,164$1,327$784$449$252$16
43 years$2,090$1,265$736$415$229$13
44 years$2,020$1,206$690$383$208$11
45 years$1,953$1,150$648$354$189$9
46 years$1,889$1,097$609$327$171$8
47 years$1,828$1,047$572$302$155$7
48 years$1,769$999$538$279$141$5
49 years$1,713$954$505$258$128$5
50 years$1,660$911$475$238$116$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,700,000, adding $2,298 every year, while hoping to spend $24,075 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: 69/9/22 Blend
42$1,700,000$1,700,000$1,700,000$1,700,000
43$1,875,770$1,785,670$1,759,320$1,994,705
44$2,041,483$1,847,553$1,792,642$2,136,428
45$2,223,292$1,911,660$1,826,273$2,288,437
46$2,422,813$1,978,077$1,860,198$2,454,201
47$2,641,827$2,046,889$1,894,402$2,635,079
48$2,882,294$2,118,188$1,928,865$2,832,566
49$3,146,376$2,192,067$1,963,570$3,048,309
50$3,436,451$2,268,623$1,998,495$3,284,122
51$3,755,143$2,347,959$2,033,618$3,542,005
52$4,105,339$2,430,180$2,068,915$3,824,157
53$4,490,220$2,515,396$2,104,360$4,133,003
54$4,913,292$2,603,720$2,139,927$4,471,211
55$5,378,418$2,695,273$2,175,584$4,841,725
56$5,889,852$2,790,176$2,211,301$5,247,783
57$6,452,281$2,888,559$2,247,044$5,692,954
58$7,070,870$2,990,554$2,282,776$6,181,170
59$7,751,310$3,096,303$2,318,460$6,716,762
60$8,499,869$3,205,948$2,354,055$7,304,502
61$9,323,457$3,319,640$2,389,516$7,949,647
62$10,229,683$3,437,536$2,424,799$8,657,989
63$11,226,934$3,559,799$2,459,853$9,435,908
64$12,324,451$3,686,598$2,494,627$10,290,434
65$13,532,413$3,818,110$2,529,066$11,229,315
66$14,862,040$3,954,518$2,563,111$12,261,083
67$16,325,693$4,096,014$2,596,700$13,395,142
68$17,936,992$4,242,797$2,629,767$14,641,853
69$19,710,944$4,395,073$2,662,244$16,012,631
70$21,664,088$4,553,059$2,694,056$17,520,055
71$23,814,645$4,716,979$2,725,127$19,177,984
72$26,182,695$4,887,067$2,755,375$21,001,691
73$28,790,363$5,063,567$2,784,713$23,008,001
74$31,662,030$5,246,731$2,813,051$25,215,458
75$34,824,560$5,436,825$2,840,291$27,644,491
76$38,307,559$5,634,122$2,866,334$30,317,615
77$42,143,646$5,838,911$2,891,073$33,259,637
78$46,368,769$6,051,488$2,914,395$36,497,893
79$51,022,538$6,272,166$2,936,182$40,062,504
80$56,148,603$6,501,268$2,956,310$43,986,663
81$61,795,062$6,739,132$2,974,648$48,306,946
82$68,014,917$6,986,108$2,991,058$53,063,657
83$74,866,576$7,242,565$3,005,395$58,301,209
84$82,414,400$7,508,883$3,017,509$64,068,542
85$90,729,311$7,785,461$3,027,238$70,419,588
86$99,889,466$8,072,714$3,034,415$77,413,774
87$109,980,988$8,371,073$3,038,865$85,116,589
88$121,098,783$8,680,990$3,040,401$93,600,199
89$133,347,435$9,002,935$3,038,831$102,944,126
90$146,842,192$9,337,397$3,033,950$113,236,004
91$161,710,053$9,684,888$3,025,546$124,572,400
92$178,090,971$10,045,939$3,013,393$137,059,730
93$196,139,166$10,421,106$2,997,258$150,815,261
94$216,024,588$10,810,968$2,976,894$165,968,219
95$237,934,520$11,216,129$2,952,043$182,661,007
96$262,075,341$11,637,219$2,922,436$201,050,549
97$288,674,477$12,074,895$2,887,790$221,309,777
98$317,982,550$12,529,841$2,847,807$243,629,253
99$350,275,740$13,002,773$2,802,178$268,218,977
100$385,858,393$13,494,436$2,750,579$295,310,366