Can I retire at age 43 with 1,760,000?

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 $1,760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$145,339$144,045$142,781$141,549$140,345$136,125
2 years$71,950$70,610$69,311$68,052$66,831$62,615
3 years$47,490$46,144$44,849$43,602$42,400$38,321
4 years$35,263$33,921$32,639$31,413$30,240$26,328
5 years$27,928$26,595$25,329$24,128$22,988$19,254
6 years$23,040$21,716$20,470$19,295$18,190$14,637
7 years$19,550$18,237$17,010$15,864$14,793$11,421
8 years$16,933$15,633$14,426$13,308$12,272$9,080
9 years$14,900$13,611$12,425$11,335$10,335$7,318
10 years$13,273$11,998$10,833$9,771$8,806$5,961
11 years$11,944$10,681$9,537$8,504$7,573$4,895
12 years$10,836$9,586$8,464$7,459$6,563$4,045
13 years$9,900$8,663$7,562$6,585$5,723$3,361
14 years$9,099$7,875$6,794$5,846$5,017$2,804
15 years$8,404$7,194$6,134$5,213$4,417$2,347
16 years$7,797$6,600$5,562$4,668$3,904$1,970
17 years$7,263$6,078$5,061$4,194$3,461$1,658
18 years$6,788$5,617$4,620$3,780$3,078$1,398
19 years$6,363$5,206$4,229$3,415$2,743$1,180
20 years$5,982$4,837$3,881$3,093$2,450$998
21 years$5,637$4,506$3,570$2,807$2,193$845
22 years$5,324$4,206$3,290$2,552$1,966$716
23 years$5,039$3,934$3,038$2,325$1,764$607
24 years$4,777$3,686$2,810$2,120$1,586$515
25 years$4,538$3,459$2,602$1,936$1,427$437
26 years$4,316$3,251$2,414$1,770$1,285$371
27 years$4,112$3,059$2,241$1,620$1,159$316
28 years$3,923$2,883$2,084$1,485$1,046$268
29 years$3,747$2,720$1,939$1,361$944$228
30 years$3,583$2,568$1,806$1,250$853$194
31 years$3,429$2,428$1,684$1,148$771$165
32 years$3,286$2,297$1,571$1,055$698$141
33 years$3,152$2,176$1,467$970$631$120
34 years$3,026$2,062$1,370$892$572$102
35 years$2,907$1,956$1,281$821$518$87
36 years$2,795$1,856$1,199$757$469$74
37 years$2,690$1,763$1,122$697$425$63
38 years$2,590$1,676$1,051$642$386$53
39 years$2,496$1,593$984$592$350$46
40 years$2,406$1,516$923$546$317$39
41 years$2,321$1,443$865$504$288$33
42 years$2,241$1,374$811$465$261$28
43 years$2,164$1,309$761$429$237$24
44 years$2,091$1,248$715$397$215$20
45 years$2,022$1,190$671$366$195$17
46 years$1,955$1,135$630$338$177$15
47 years$1,892$1,083$592$313$161$13
48 years$1,832$1,034$557$289$146$11
49 years$1,774$988$523$267$133$9
50 years$1,718$944$492$247$121$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,760,000, adding $2,190 every year, while hoping to spend $56,235 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: 55/19/26 Blend
42$1,760,000$1,760,000$1,760,000$1,760,000
43$1,941,779$1,848,499$1,821,219$2,034,549
44$2,080,007$1,879,242$1,822,396$2,129,375
45$2,230,449$1,909,606$1,821,728$2,226,570
46$2,394,292$1,939,515$1,819,094$2,331,273
47$2,572,842$1,968,883$1,814,365$2,444,223
48$2,767,536$1,997,622$1,807,410$2,566,239
49$2,979,955$2,025,635$1,798,088$2,698,223
50$3,211,839$2,052,820$1,786,253$2,841,169
51$3,465,105$2,079,067$1,771,751$2,996,177
52$3,741,863$2,104,259$1,754,422$3,164,457
53$4,044,435$2,128,269$1,734,097$3,347,349
54$4,375,377$2,150,964$1,710,599$3,546,327
55$4,737,505$2,172,201$1,683,744$3,763,020
56$5,133,919$2,191,827$1,653,338$3,999,225
57$5,568,033$2,209,681$1,619,179$4,256,923
58$6,043,606$2,225,589$1,581,055$4,538,303
59$6,564,778$2,239,367$1,538,744$4,845,778
60$7,136,108$2,250,819$1,492,015$5,182,009
61$7,762,618$2,259,736$1,440,625$5,549,935
62$8,449,839$2,265,897$1,384,319$5,952,794
63$9,203,863$2,269,065$1,322,834$6,394,162
64$10,031,399$2,268,992$1,255,891$6,877,981
65$10,939,839$2,265,410$1,183,201$7,408,600
66$11,937,326$2,258,038$1,104,461$7,990,817
67$13,032,827$2,246,576$1,019,355$8,629,923
68$14,236,223$2,230,706$927,551$9,331,754
69$15,558,397$2,210,090$828,704$10,102,748
70$17,011,341$2,184,372$722,453$10,950,005
71$18,608,264$2,153,173$608,421$11,881,353
72$20,363,719$2,116,090$486,215$12,905,428
73$22,293,739$2,072,699$355,423$14,031,752
74$24,415,987$2,022,548$215,617$15,270,827
75$26,749,926$1,965,161$66,349$16,634,234
76$29,316,998$1,900,033$0$18,134,743
77$32,140,825$1,826,628$0$19,812,219
78$35,247,439$1,744,382$0$21,677,724
79$38,665,516$1,652,696$0$23,730,095
80$42,426,657$1,550,936$0$25,988,355
81$46,565,678$1,438,434$0$28,473,472
82$51,120,942$1,314,482$0$31,208,557
83$56,134,718$1,178,331$0$34,219,078
84$61,653,581$1,029,191$0$37,533,107
85$67,728,851$866,227$0$41,181,580
86$74,417,077$688,555$0$45,198,594
87$81,780,569$495,244$0$49,621,728
88$89,887,985$285,309$0$54,492,399
89$98,814,979$57,709$0$59,856,252
90$108,644,918$0$0$65,763,594
91$119,469,660$0$0$72,309,313
92$131,390,430$0$0$79,531,302
93$144,518,766$0$0$87,485,097
94$158,977,578$0$0$96,245,190
95$174,902,302$0$0$105,893,665
96$192,442,182$0$0$116,520,976
97$211,761,675$0$0$128,226,796
98$233,042,004$0$0$141,120,962
99$256,482,866$0$0$155,324,505
100$282,304,319$0$0$170,970,801