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%18.2%
1 years$142,036$140,771$139,536$138,332$137,155$132,606
2 years$70,315$69,005$67,736$66,506$65,312$60,773
3 years$46,411$45,096$43,830$42,611$41,437$37,050
4 years$34,461$33,150$31,897$30,699$29,553$25,352
5 years$27,293$25,990$24,753$23,580$22,466$18,462
6 years$22,516$21,223$20,004$18,857$17,776$13,974
7 years$19,106$17,823$16,624$15,503$14,457$10,854
8 years$16,549$15,278$14,098$13,005$11,993$8,588
9 years$14,561$13,302$12,143$11,078$10,100$6,888
10 years$12,972$11,725$10,586$9,549$8,606$5,582
11 years$11,672$10,438$9,320$8,310$7,401$4,560
12 years$10,590$9,369$8,271$7,289$6,414$3,749
13 years$9,675$8,466$7,390$6,435$5,593$3,098
14 years$8,892$7,696$6,640$5,713$4,903$2,570
15 years$8,213$7,030$5,995$5,095$4,317$2,139
16 years$7,620$6,450$5,435$4,562$3,815$1,785
17 years$7,098$5,940$4,946$4,099$3,383$1,494
18 years$6,633$5,489$4,515$3,694$3,008$1,252
19 years$6,219$5,087$4,133$3,338$2,681$1,051
20 years$5,846$4,727$3,793$3,023$2,395$883
21 years$5,509$4,403$3,489$2,743$2,143$743
22 years$5,203$4,110$3,216$2,494$1,921$625
23 years$4,924$3,844$2,969$2,272$1,724$527
24 years$4,669$3,602$2,746$2,072$1,550$444
25 years$4,434$3,380$2,543$1,892$1,395$375
26 years$4,218$3,177$2,359$1,730$1,256$316
27 years$4,019$2,990$2,190$1,584$1,133$267
28 years$3,834$2,817$2,036$1,451$1,022$226
29 years$3,661$2,658$1,895$1,331$923$191
30 years$3,501$2,510$1,765$1,221$834$161
31 years$3,352$2,373$1,645$1,121$754$136
32 years$3,212$2,245$1,535$1,031$682$115
33 years$3,080$2,126$1,433$948$617$97
34 years$2,957$2,015$1,339$872$559$82
35 years$2,841$1,911$1,252$803$506$70
36 years$2,732$1,814$1,171$739$459$59
37 years$2,629$1,723$1,096$681$416$50
38 years$2,531$1,637$1,027$628$377$42
39 years$2,439$1,557$962$579$342$36
40 years$2,352$1,481$902$534$310$30
41 years$2,269$1,410$845$493$281$25
42 years$2,190$1,343$793$455$255$22
43 years$2,115$1,280$744$420$232$18
44 years$2,044$1,220$699$388$210$15
45 years$1,976$1,163$656$358$191$13
46 years$1,911$1,110$616$331$173$11
47 years$1,849$1,059$579$305$157$9
48 years$1,790$1,011$544$282$143$8
49 years$1,733$965$511$261$130$7
50 years$1,679$922$481$241$118$6

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 $5,457 every year, while hoping to spend $46,584 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: 73/21/6 Blend
42$1,720,000$1,720,000$1,720,000$1,720,000
43$1,901,069$1,809,909$1,783,249$2,038,130
44$2,045,413$1,849,029$1,793,423$2,168,286
45$2,202,919$1,888,506$1,802,376$2,304,380
46$2,374,880$1,928,306$1,810,019$2,452,097
47$2,562,719$1,968,394$1,816,257$2,612,568
48$2,768,005$2,008,734$1,820,990$2,787,041
49$2,992,463$2,049,283$1,824,114$2,976,888
50$3,237,992$2,089,996$1,825,519$3,183,620
51$3,506,684$2,130,823$1,825,091$3,408,903
52$3,800,843$2,171,710$1,822,709$3,654,570
53$4,123,005$2,212,601$1,818,246$3,922,641
54$4,475,964$2,253,430$1,811,570$4,215,342
55$4,862,796$2,294,132$1,802,541$4,535,123
56$5,286,888$2,334,631$1,791,013$4,884,686
57$5,751,973$2,374,850$1,776,834$5,267,005
58$6,262,159$2,414,703$1,759,843$5,685,358
59$6,821,975$2,454,099$1,739,873$6,143,356
60$7,436,405$2,492,939$1,716,748$6,644,979
61$8,110,943$2,531,117$1,690,283$7,194,609
62$8,851,639$2,568,521$1,660,287$7,797,078
63$9,665,156$2,605,030$1,626,558$8,457,709
64$10,558,839$2,640,513$1,588,884$9,182,365
65$11,540,773$2,674,831$1,547,044$9,977,509
66$12,619,871$2,707,836$1,500,809$10,850,263
67$13,805,947$2,739,370$1,449,936$11,808,474
68$15,109,817$2,769,262$1,394,172$12,860,789
69$16,543,395$2,797,333$1,333,253$14,016,737
70$18,119,808$2,823,389$1,266,904$15,286,818
71$19,853,518$2,847,224$1,194,835$16,682,603
72$21,760,460$2,868,621$1,116,745$18,216,845
73$23,858,189$2,887,345$1,032,318$19,903,597
74$26,166,048$2,903,149$941,224$21,758,343
75$28,705,350$2,915,769$843,121$23,798,150
76$31,499,578$2,924,923$737,647$26,041,825
77$34,574,604$2,930,314$624,428$28,510,093
78$37,958,939$2,931,624$503,071$31,225,795
79$41,683,994$2,928,517$373,167$34,214,101
80$45,784,381$2,920,635$234,288$37,502,752
81$50,298,240$2,907,598$85,989$41,122,317
82$55,267,594$2,889,003$0$45,106,484
83$60,738,748$2,864,424$0$49,497,009
84$66,762,727$2,833,407$0$54,336,356
85$73,395,752$2,795,472$0$59,664,137
86$80,699,779$2,750,109$0$65,530,079
87$88,743,072$2,696,781$0$71,988,981
88$97,600,857$2,634,914$0$79,101,232
89$107,356,024$2,563,905$0$86,933,383
90$118,099,914$2,483,112$0$95,558,771
91$129,933,180$2,391,858$0$105,058,218
92$142,966,730$2,289,426$0$115,520,790
93$157,322,785$2,175,056$0$127,044,638
94$173,136,021$2,047,946$0$139,737,929
95$190,554,846$1,907,246$0$153,719,864
96$209,742,797$1,752,058$0$169,121,806
97$230,880,088$1,581,434$0$186,088,517
98$254,165,303$1,394,371$0$204,779,534
99$279,817,277$1,189,808$0$225,370,664
100$308,077,156$966,625$0$248,055,654