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

Use the below retirement simulation to view the chances of a successful retirement.
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%11.6%
1 years$143,688$142,408$141,159$139,940$138,750$137,818
2 years$71,132$69,808$68,524$67,279$66,071$65,131
3 years$46,951$45,620$44,339$43,106$41,918$40,999
4 years$34,862$33,536$32,268$31,056$29,897$29,006
5 years$27,611$26,292$25,041$23,854$22,727$21,867
6 years$22,778$21,470$20,237$19,076$17,983$17,155
7 years$19,328$18,030$16,817$15,683$14,625$13,829
8 years$16,741$15,455$14,262$13,156$12,133$11,370
9 years$14,730$13,457$12,284$11,206$10,218$9,487
10 years$13,122$11,861$10,709$9,660$8,706$8,007
11 years$11,808$10,559$9,428$8,407$7,487$6,819
12 years$10,713$9,478$8,367$7,374$6,488$5,851
13 years$9,788$8,565$7,476$6,510$5,658$5,051
14 years$8,995$7,785$6,717$5,779$4,960$4,382
15 years$8,309$7,112$6,065$5,154$4,367$3,818
16 years$7,709$6,525$5,498$4,615$3,860$3,338
17 years$7,180$6,009$5,003$4,146$3,422$2,928
18 years$6,711$5,553$4,567$3,737$3,043$2,574
19 years$6,291$5,146$4,181$3,376$2,712$2,269
20 years$5,914$4,782$3,837$3,058$2,423$2,003
21 years$5,573$4,455$3,530$2,775$2,168$1,772
22 years$5,263$4,158$3,253$2,523$1,943$1,570
23 years$4,981$3,889$3,004$2,298$1,744$1,392
24 years$4,723$3,644$2,778$2,096$1,568$1,236
25 years$4,486$3,419$2,573$1,914$1,411$1,099
26 years$4,267$3,214$2,386$1,750$1,271$978
27 years$4,065$3,025$2,216$1,602$1,146$871
28 years$3,878$2,850$2,060$1,468$1,034$776
29 years$3,704$2,689$1,917$1,346$934$692
30 years$3,542$2,539$1,786$1,235$843$617
31 years$3,391$2,400$1,665$1,135$763$551
32 years$3,249$2,271$1,553$1,043$690$492
33 years$3,116$2,151$1,450$959$624$439
34 years$2,991$2,039$1,355$882$565$392
35 years$2,874$1,934$1,267$812$512$351
36 years$2,764$1,835$1,185$748$464$314
37 years$2,659$1,743$1,109$689$420$280
38 years$2,561$1,656$1,039$635$381$251
39 years$2,467$1,575$973$586$346$224
40 years$2,379$1,499$912$540$313$201
41 years$2,295$1,427$855$498$284$180
42 years$2,215$1,359$802$460$258$161
43 years$2,139$1,294$753$425$234$144
44 years$2,067$1,234$707$392$213$129
45 years$1,999$1,177$664$362$193$115
46 years$1,933$1,122$623$334$175$103
47 years$1,871$1,071$585$309$159$92
48 years$1,811$1,023$550$286$145$83
49 years$1,754$977$517$264$131$74
50 years$1,699$933$486$244$119$66

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 $2,925 every year, while hoping to spend $35,303 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: 50/38/12 Blend
42$1,740,000$1,740,000$1,740,000$1,740,000
43$1,920,497$1,828,277$1,801,307$2,010,158
44$2,078,826$1,880,301$1,824,089$2,123,948
45$2,252,121$1,933,690$1,846,450$2,243,576
46$2,441,871$1,988,475$1,868,341$2,372,772
47$2,649,717$2,044,686$1,889,705$2,512,444
48$2,877,465$2,102,352$1,910,487$2,663,593
49$3,127,104$2,161,504$1,930,626$2,827,319
50$3,400,824$2,222,174$1,950,057$3,004,835
51$3,701,038$2,284,390$1,968,715$3,197,473
52$4,030,404$2,348,186$1,986,527$3,406,701
53$4,391,849$2,413,591$2,003,419$3,634,135
54$4,788,598$2,480,636$2,019,313$3,881,556
55$5,224,201$2,549,354$2,034,127$4,150,921
56$5,702,571$2,619,774$2,047,772$4,444,389
57$6,228,019$2,691,928$2,060,157$4,764,335
58$6,805,291$2,765,847$2,071,187$5,113,376
59$7,439,619$2,841,562$2,080,760$5,494,394
60$8,136,764$2,919,102$2,088,769$5,910,562
61$8,903,075$2,998,499$2,095,104$6,365,377
62$9,745,544$3,079,781$2,099,645$6,862,689
63$10,671,878$3,162,978$2,102,272$7,406,741
64$11,690,564$3,248,119$2,102,853$8,002,205
65$12,810,957$3,335,232$2,101,253$8,654,230
66$14,043,360$3,424,344$2,097,331$9,368,487
67$15,399,127$3,515,481$2,090,936$10,151,223
68$16,890,768$3,608,670$2,081,912$11,009,323
69$18,532,066$3,703,934$2,070,096$11,950,370
70$20,338,207$3,801,297$2,055,314$12,982,720
71$22,325,924$3,900,781$2,037,387$14,115,580
72$24,513,655$4,002,405$2,016,126$15,359,094
73$26,921,714$4,106,190$1,991,333$16,724,439
74$29,572,487$4,212,152$1,962,801$18,223,929
75$32,490,639$4,320,305$1,930,313$19,871,134
76$35,703,348$4,430,664$1,893,642$21,681,008
77$39,240,561$4,543,238$1,852,551$23,670,025
78$43,135,277$4,658,035$1,806,790$25,856,342
79$47,423,858$4,775,062$1,756,100$28,259,962
80$52,146,370$4,894,319$1,700,209$30,902,931
81$57,346,966$5,015,806$1,638,831$33,809,541
82$63,074,294$5,139,518$1,571,670$37,006,558
83$69,381,965$5,265,447$1,498,414$40,523,480
84$76,329,052$5,393,581$1,418,737$44,392,813
85$83,980,651$5,523,903$1,332,301$48,650,374
86$92,408,494$5,656,390$1,238,749$53,335,636
87$101,691,623$5,791,016$1,137,710$58,492,095
88$111,917,142$5,927,749$1,028,797$64,167,683
89$123,181,033$6,066,551$911,603$70,415,223
90$135,589,063$6,207,376$785,707$77,292,921
91$149,257,784$6,350,175$650,665$84,864,924
92$164,315,632$6,494,887$506,016$93,201,919
93$180,904,138$6,641,448$351,279$102,381,803
94$199,179,263$6,789,782$185,949$112,490,419
95$219,312,872$6,939,805$9,503$123,622,368
96$241,494,354$7,091,426$0$135,881,898
97$265,932,413$7,244,540$0$149,406,786
98$292,857,031$7,399,034$0$164,303,526
99$322,521,645$7,554,783$0$180,710,495
100$355,205,535$7,711,650$0$198,781,521