Can I retire at age 43 with 1,710,000?

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 $1,710,000?

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$141,210$139,952$138,725$137,527$136,358$133,605
2 years$69,906$68,604$67,342$66,119$64,932$62,171
3 years$46,141$44,834$43,575$42,363$41,196$38,512
4 years$34,261$32,957$31,711$30,520$29,381$26,795
5 years$27,135$25,839$24,609$23,442$22,335$19,855
6 years$22,385$21,099$19,888$18,747$17,673$15,301
7 years$18,994$17,719$16,527$15,413$14,373$12,110
8 years$16,452$15,189$14,016$12,930$11,924$9,769
9 years$14,476$13,225$12,072$11,013$10,041$7,993
10 years$12,896$11,657$10,525$9,493$8,556$6,613
11 years$11,604$10,377$9,266$8,262$7,358$5,517
12 years$10,529$9,314$8,223$7,247$6,377$4,635
13 years$9,619$8,417$7,347$6,398$5,560$3,916
14 years$8,840$7,651$6,601$5,679$4,874$3,323
15 years$8,166$6,989$5,960$5,065$4,292$2,831
16 years$7,576$6,413$5,404$4,535$3,793$2,419
17 years$7,056$5,906$4,917$4,075$3,363$2,073
18 years$6,595$5,457$4,489$3,672$2,990$1,780
19 years$6,182$5,058$4,109$3,318$2,665$1,531
20 years$5,812$4,700$3,771$3,005$2,381$1,320
21 years$5,477$4,378$3,469$2,727$2,131$1,139
22 years$5,173$4,086$3,197$2,480$1,910$984
23 years$4,895$3,822$2,952$2,258$1,714$851
24 years$4,642$3,581$2,730$2,060$1,541$736
25 years$4,409$3,361$2,529$1,881$1,386$638
26 years$4,194$3,158$2,345$1,720$1,249$553
27 years$3,995$2,972$2,178$1,574$1,126$479
28 years$3,811$2,801$2,024$1,443$1,016$416
29 years$3,640$2,642$1,884$1,323$917$361
30 years$3,481$2,495$1,755$1,214$829$313
31 years$3,332$2,359$1,636$1,115$749$272
32 years$3,193$2,232$1,526$1,025$678$237
33 years$3,062$2,114$1,425$942$614$206
34 years$2,940$2,003$1,332$867$555$179
35 years$2,825$1,900$1,245$798$503$155
36 years$2,716$1,804$1,165$735$456$135
37 years$2,613$1,713$1,090$677$413$117
38 years$2,516$1,628$1,021$624$375$102
39 years$2,425$1,548$956$576$340$89
40 years$2,338$1,473$896$531$308$77
41 years$2,255$1,402$841$490$280$67
42 years$2,177$1,335$788$452$254$58
43 years$2,103$1,272$740$417$230$51
44 years$2,032$1,213$694$385$209$44
45 years$1,964$1,156$652$356$190$38
46 years$1,900$1,103$612$329$172$33
47 years$1,838$1,053$575$304$156$29
48 years$1,780$1,005$541$281$142$25
49 years$1,723$960$508$259$129$22
50 years$1,670$917$478$240$117$19

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,710,000, adding $2,496 every year, while hoping to spend $44,908 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: 42/38/20 Blend
42$1,710,000$1,710,000$1,710,000$1,710,000
43$1,886,995$1,796,365$1,769,860$1,955,098
44$2,031,686$1,836,605$1,781,368$2,043,919
45$2,189,631$1,877,311$1,791,757$2,135,498
46$2,362,134$1,918,460$1,800,942$2,233,747
47$2,550,631$1,960,024$1,808,832$2,339,299
48$2,756,703$2,001,972$1,815,335$2,452,855
49$2,982,090$2,044,272$1,820,352$2,575,188
50$3,228,709$2,086,887$1,823,780$2,707,149
51$3,498,670$2,129,778$1,825,509$2,849,676
52$3,794,297$2,172,900$1,825,427$3,003,803
53$4,118,149$2,216,205$1,823,412$3,170,672
54$4,473,044$2,259,643$1,819,340$3,351,541
55$4,862,086$2,303,157$1,813,080$3,547,797
56$5,288,693$2,346,687$1,804,493$3,760,969
57$5,756,631$2,390,165$1,793,434$3,992,743
58$6,270,045$2,433,521$1,779,752$4,244,980
59$6,833,505$2,476,679$1,763,288$4,519,731
60$7,452,040$2,519,554$1,743,877$4,819,256
61$8,131,194$2,562,058$1,721,342$5,146,049
62$8,877,072$2,604,095$1,695,503$5,502,860
63$9,696,399$2,645,561$1,666,168$5,892,722
64$10,596,583$2,686,345$1,633,137$6,318,979
65$11,585,788$2,726,330$1,596,200$6,785,317
66$12,673,005$2,765,386$1,555,140$7,295,803
67$13,868,141$2,803,379$1,509,725$7,854,920
68$15,182,108$2,840,162$1,459,718$8,467,612
69$16,626,932$2,875,579$1,404,868$9,139,330
70$18,215,860$2,909,463$1,344,912$9,876,086
71$19,963,487$2,941,636$1,279,576$10,684,508
72$21,885,895$2,971,908$1,208,574$11,571,903
73$24,000,802$3,000,077$1,131,606$12,546,331
74$26,327,729$3,025,927$1,048,361$13,616,675
75$28,888,187$3,049,226$958,510$14,792,733
76$31,705,875$3,069,731$861,713$16,085,306
77$34,806,906$3,087,180$757,612$17,506,302
78$38,220,054$3,101,295$645,836$19,068,851
79$41,977,023$3,111,782$525,995$20,787,430
80$46,112,746$3,118,326$397,682$22,677,998
81$50,665,716$3,120,594$260,474$24,758,151
82$55,678,347$3,118,231$113,928$27,047,288
83$61,197,375$3,110,861$0$29,566,794
84$67,274,299$3,098,085$0$32,349,308
85$73,965,866$3,079,479$0$35,438,294
86$81,334,604$3,054,593$0$38,838,177
87$89,449,416$3,022,951$0$42,580,657
88$98,386,228$2,984,047$0$46,700,672
89$108,228,703$2,937,345$0$51,236,730
90$119,069,033$2,882,278$0$56,231,276
91$131,008,809$2,818,244$0$61,731,088
92$144,159,976$2,744,607$0$67,787,725
93$158,645,893$2,660,691$0$74,458,013
94$174,602,494$2,565,785$0$81,804,581
95$192,179,571$2,459,131$0$89,896,458
96$211,542,190$2,339,932$0$98,809,723
97$232,872,246$2,207,341$0$108,628,227
98$256,370,180$2,060,465$0$119,444,384
99$282,256,869$1,898,359$0$131,360,048
100$310,775,714$1,720,023$0$144,487,473