Can I retire at age 43 with 1,740,000?

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 $1,740,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$143,688$142,408$141,159$139,940$138,750$134,741
2 years$71,132$69,808$68,524$67,279$66,071$62,064
3 years$46,951$45,620$44,339$43,106$41,918$38,038
4 years$34,862$33,536$32,268$31,056$29,897$26,174
5 years$27,611$26,292$25,041$23,854$22,727$19,171
6 years$22,778$21,470$20,237$19,076$17,983$14,598
7 years$19,328$18,030$16,817$15,683$14,625$11,411
8 years$16,741$15,455$14,262$13,156$12,133$9,087
9 years$14,730$13,457$12,284$11,206$10,218$7,338
10 years$13,122$11,861$10,709$9,660$8,706$5,988
11 years$11,808$10,559$9,428$8,407$7,487$4,926
12 years$10,713$9,478$8,367$7,374$6,488$4,080
13 years$9,788$8,565$7,476$6,510$5,658$3,396
14 years$8,995$7,785$6,717$5,779$4,960$2,839
15 years$8,309$7,112$6,065$5,154$4,367$2,382
16 years$7,709$6,525$5,498$4,615$3,860$2,004
17 years$7,180$6,009$5,003$4,146$3,422$1,690
18 years$6,711$5,553$4,567$3,737$3,043$1,428
19 years$6,291$5,146$4,181$3,376$2,712$1,208
20 years$5,914$4,782$3,837$3,058$2,423$1,024
21 years$5,573$4,455$3,530$2,775$2,168$869
22 years$5,263$4,158$3,253$2,523$1,943$738
23 years$4,981$3,889$3,004$2,298$1,744$627
24 years$4,723$3,644$2,778$2,096$1,568$533
25 years$4,486$3,419$2,573$1,914$1,411$454
26 years$4,267$3,214$2,386$1,750$1,271$387
27 years$4,065$3,025$2,216$1,602$1,146$329
28 years$3,878$2,850$2,060$1,468$1,034$281
29 years$3,704$2,689$1,917$1,346$934$239
30 years$3,542$2,539$1,786$1,235$843$204
31 years$3,391$2,400$1,665$1,135$763$174
32 years$3,249$2,271$1,553$1,043$690$148
33 years$3,116$2,151$1,450$959$624$127
34 years$2,991$2,039$1,355$882$565$108
35 years$2,874$1,934$1,267$812$512$92
36 years$2,764$1,835$1,185$748$464$79
37 years$2,659$1,743$1,109$689$420$67
38 years$2,561$1,656$1,039$635$381$57
39 years$2,467$1,575$973$586$346$49
40 years$2,379$1,499$912$540$313$42
41 years$2,295$1,427$855$498$284$36
42 years$2,215$1,359$802$460$258$30
43 years$2,139$1,294$753$425$234$26
44 years$2,067$1,234$707$392$213$22
45 years$1,999$1,177$664$362$193$19
46 years$1,933$1,122$623$334$175$16
47 years$1,871$1,071$585$309$159$14
48 years$1,811$1,023$550$286$145$12
49 years$1,754$977$517$264$131$10
50 years$1,699$933$486$244$119$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,740,000, adding $5,831 every year, while hoping to spend $58,637 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: 44/31/25 Blend
42$1,740,000$1,740,000$1,740,000$1,740,000
43$1,923,495$1,831,275$1,804,305$1,993,952
44$2,057,302$1,858,618$1,802,360$2,071,903
45$2,202,792$1,885,336$1,798,384$2,150,244
46$2,361,095$1,911,335$1,792,248$2,234,010
47$2,533,454$1,936,518$1,783,816$2,323,737
48$2,721,237$1,960,778$1,772,944$2,420,017
49$2,925,948$1,984,001$1,759,483$2,523,504
50$3,149,246$2,006,068$1,743,276$2,634,922
51$3,392,952$2,026,849$1,724,159$2,755,071
52$3,659,075$2,046,206$1,701,960$2,884,835
53$3,949,823$2,063,993$1,676,499$3,025,191
54$4,267,630$2,080,053$1,647,587$3,177,219
55$4,615,173$2,094,221$1,615,026$3,342,114
56$4,995,402$2,106,318$1,578,610$3,521,193
57$5,411,562$2,116,157$1,538,123$3,715,915
58$5,867,230$2,123,537$1,493,338$3,927,889
59$6,366,342$2,128,245$1,444,019$4,158,894
60$6,913,233$2,130,054$1,389,919$4,410,895
61$7,512,680$2,128,724$1,330,778$4,686,063
62$8,169,941$2,123,999$1,266,327$4,986,794
63$8,890,808$2,115,607$1,196,281$5,315,736
64$9,681,661$2,103,262$1,120,347$5,675,813
65$10,549,526$2,086,658$1,038,214$6,070,253
66$11,502,144$2,065,471$949,561$6,502,621
67$12,548,041$2,039,357$854,050$6,976,852
68$13,696,608$2,007,953$751,328$7,497,291
69$14,958,193$1,970,874$641,028$8,068,735
70$16,344,192$1,927,710$522,766$8,696,478
71$17,867,162$1,878,029$396,140$9,386,364
72$19,540,933$1,821,374$260,732$10,144,843
73$21,380,747$1,757,259$116,105$10,979,035
74$23,403,390$1,685,172$0$11,896,795
75$25,627,359$1,604,569$0$12,916,992
76$28,073,034$1,514,877$0$14,072,707
77$30,762,865$1,415,488$0$15,343,625
78$33,721,591$1,305,760$0$16,741,531
79$36,976,465$1,185,014$0$18,279,417
80$40,557,517$1,052,532$0$19,971,611
81$44,497,834$907,557$0$21,833,908
82$48,833,872$749,286$0$23,883,722
83$53,605,800$576,874$0$26,140,255
84$58,857,877$389,427$0$28,624,675
85$64,638,871$185,999$0$31,360,320
86$71,002,517$0$0$34,372,920
87$78,008,026$0$0$37,702,578
88$85,720,638$0$0$41,438,428
89$94,212,245$0$0$45,551,875
90$103,562,061$0$0$50,081,327
91$113,857,373$0$0$55,069,101
92$125,194,364$0$0$60,561,833
93$137,679,020$0$0$66,610,907
94$151,428,128$0$0$73,272,947
95$166,570,379$0$0$80,610,349
96$183,247,582$0$0$88,691,868
97$201,616,002$0$0$97,593,268
98$221,847,830$0$0$107,398,039
99$244,132,816$0$0$118,198,180
100$268,680,050$0$0$130,095,069