Can I retire at age 43 with 1,720,000?

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 $1,720,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$142,036$140,771$139,536$138,332$137,155$132,341
2 years$70,315$69,005$67,736$66,506$65,312$60,513
3 years$46,411$45,096$43,830$42,611$41,437$36,803
4 years$34,461$33,150$31,897$30,699$29,553$25,120
5 years$27,293$25,990$24,753$23,580$22,466$18,245
6 years$22,516$21,223$20,004$18,857$17,776$13,771
7 years$19,106$17,823$16,624$15,503$14,457$10,667
8 years$16,549$15,278$14,098$13,005$11,993$8,415
9 years$14,561$13,302$12,143$11,078$10,100$6,729
10 years$12,972$11,725$10,586$9,549$8,606$5,436
11 years$11,672$10,438$9,320$8,310$7,401$4,426
12 years$10,590$9,369$8,271$7,289$6,414$3,627
13 years$9,675$8,466$7,390$6,435$5,593$2,986
14 years$8,892$7,696$6,640$5,713$4,903$2,469
15 years$8,213$7,030$5,995$5,095$4,317$2,048
16 years$7,620$6,450$5,435$4,562$3,815$1,703
17 years$7,098$5,940$4,946$4,099$3,383$1,419
18 years$6,633$5,489$4,515$3,694$3,008$1,185
19 years$6,219$5,087$4,133$3,338$2,681$991
20 years$5,846$4,727$3,793$3,023$2,395$830
21 years$5,509$4,403$3,489$2,743$2,143$695
22 years$5,203$4,110$3,216$2,494$1,921$583
23 years$4,924$3,844$2,969$2,272$1,724$489
24 years$4,669$3,602$2,746$2,072$1,550$411
25 years$4,434$3,380$2,543$1,892$1,395$345
26 years$4,218$3,177$2,359$1,730$1,256$290
27 years$4,019$2,990$2,190$1,584$1,133$244
28 years$3,834$2,817$2,036$1,451$1,022$205
29 years$3,661$2,658$1,895$1,331$923$173
30 years$3,501$2,510$1,765$1,221$834$145
31 years$3,352$2,373$1,645$1,121$754$122
32 years$3,212$2,245$1,535$1,031$682$103
33 years$3,080$2,126$1,433$948$617$87
34 years$2,957$2,015$1,339$872$559$73
35 years$2,841$1,911$1,252$803$506$61
36 years$2,732$1,814$1,171$739$459$52
37 years$2,629$1,723$1,096$681$416$44
38 years$2,531$1,637$1,027$628$377$37
39 years$2,439$1,557$962$579$342$31
40 years$2,352$1,481$902$534$310$26
41 years$2,269$1,410$845$493$281$22
42 years$2,190$1,343$793$455$255$18
43 years$2,115$1,280$744$420$232$16
44 years$2,044$1,220$699$388$210$13
45 years$1,976$1,163$656$358$191$11
46 years$1,911$1,110$616$331$173$9
47 years$1,849$1,059$579$305$157$8
48 years$1,790$1,011$544$282$143$7
49 years$1,733$965$511$261$130$6
50 years$1,679$922$481$241$118$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,720,000, adding $6,609 every year, while hoping to spend $36,154 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: 70/5/25 Blend
42$1,720,000$1,720,000$1,720,000$1,720,000
43$1,902,257$1,811,097$1,784,437$2,022,887
44$2,057,820$1,861,373$1,805,748$2,154,754
45$2,228,038$1,912,901$1,826,562$2,294,241
46$2,414,369$1,965,704$1,846,822$2,446,083
47$2,618,416$2,019,805$1,866,472$2,611,506
48$2,841,946$2,075,227$1,885,451$2,791,857
49$3,086,904$2,131,993$1,903,693$2,988,621
50$3,355,434$2,190,126$1,921,132$3,203,436
51$3,649,893$2,249,648$1,937,695$3,438,103
52$3,972,882$2,310,580$1,953,308$3,694,611
53$4,327,263$2,372,945$1,967,890$3,975,147
54$4,716,189$2,436,765$1,981,360$4,282,123
55$5,143,133$2,502,059$1,993,628$4,618,198
56$5,611,920$2,568,848$2,004,602$4,986,300
57$6,126,766$2,637,152$2,014,187$5,389,655
58$6,692,313$2,706,989$2,022,279$5,831,821
59$7,313,675$2,778,377$2,028,771$6,316,715
60$7,996,487$2,851,335$2,033,552$6,848,657
61$8,746,955$2,925,876$2,036,502$7,432,403
62$9,571,918$3,002,018$2,037,498$8,073,200
63$10,478,909$3,079,772$2,036,410$8,776,824
64$11,476,229$3,159,153$2,033,102$9,549,645
65$12,573,023$3,240,169$2,027,429$10,398,681
66$13,779,366$3,322,832$2,019,242$11,331,665
67$15,106,358$3,407,148$2,008,383$12,357,120
68$16,566,230$3,493,122$1,994,688$13,484,440
69$18,172,459$3,580,758$1,977,983$14,723,975
70$19,939,892$3,670,057$1,958,088$16,087,132
71$21,884,889$3,761,018$1,934,812$17,586,483
72$24,025,476$3,853,637$1,907,957$19,235,882
73$26,381,516$3,947,906$1,877,315$21,050,596
74$28,974,893$4,043,816$1,842,667$23,047,450
75$31,829,722$4,141,353$1,803,787$25,244,988
76$34,972,575$4,240,500$1,760,434$27,663,644
77$38,432,729$4,341,236$1,712,361$30,325,938
78$42,242,447$4,443,537$1,659,304$33,256,690
79$46,437,279$4,547,371$1,600,993$36,483,248
80$51,056,395$4,652,706$1,537,140$40,035,756
81$56,142,960$4,759,502$1,467,447$43,947,431
82$61,744,537$4,867,713$1,391,602$48,254,881
83$67,913,538$4,977,289$1,309,278$52,998,449
84$74,707,715$5,088,172$1,220,135$58,222,595
85$82,190,708$5,200,299$1,123,816$63,976,315
86$90,432,646$5,313,599$1,019,949$70,313,607
87$99,510,803$5,427,992$908,145$77,293,976
88$109,510,334$5,543,393$787,997$84,983,002
89$120,525,074$5,659,705$659,081$93,452,954
90$132,658,425$5,776,825$520,953$102,783,478
91$146,024,332$5,894,636$373,153$113,062,344
92$160,748,355$6,013,015$215,195$124,386,281
93$176,968,860$6,131,825$46,576$136,861,884
94$194,838,318$6,250,919$0$150,606,628
95$214,524,747$6,370,134$0$165,785,549
96$236,213,299$6,489,299$0$182,521,310
97$260,108,004$6,608,223$0$200,958,853
98$286,433,700$6,726,705$0$221,271,604
99$315,438,148$6,844,525$0$243,650,676
100$347,394,379$6,961,447$0$268,306,670