Can I retire at age 43 with 1,790,000?

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 $1,790,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$147,817$146,500$145,215$143,961$142,737$139,912
2 years$73,176$71,814$70,493$69,212$67,970$65,136
3 years$48,300$46,931$45,614$44,345$43,123$40,368
4 years$35,864$34,499$33,195$31,948$30,756$28,101
5 years$28,404$27,048$25,761$24,539$23,380$20,834
6 years$23,433$22,087$20,818$19,624$18,500$16,064
7 years$19,883$18,548$17,300$16,134$15,045$12,721
8 years$17,222$15,899$14,672$13,534$12,482$10,268
9 years$15,153$13,843$12,637$11,528$10,511$8,407
10 years$13,500$12,202$11,017$9,938$8,956$6,959
11 years$12,147$10,863$9,699$8,649$7,703$5,810
12 years$11,021$9,750$8,608$7,586$6,675$4,884
13 years$10,069$8,811$7,691$6,697$5,821$4,129
14 years$9,254$8,009$6,910$5,945$5,102$3,506
15 years$8,548$7,316$6,239$5,302$4,492$2,989
16 years$7,930$6,713$5,656$4,747$3,970$2,556
17 years$7,386$6,182$5,147$4,265$3,520$2,192
18 years$6,903$5,713$4,699$3,844$3,130$1,884
19 years$6,472$5,294$4,301$3,473$2,790$1,622
20 years$6,084$4,920$3,948$3,146$2,492$1,399
21 years$5,733$4,583$3,631$2,855$2,230$1,208
22 years$5,415$4,278$3,347$2,596$1,999$1,044
23 years$5,125$4,001$3,090$2,364$1,794$904
24 years$4,859$3,748$2,858$2,156$1,613$783
25 years$4,615$3,518$2,647$1,969$1,451$679
26 years$4,390$3,306$2,455$1,801$1,307$589
27 years$4,182$3,111$2,279$1,648$1,179$511
28 years$3,990$2,932$2,119$1,510$1,064$444
29 years$3,810$2,766$1,972$1,385$960$385
30 years$3,644$2,612$1,837$1,271$868$335
31 years$3,488$2,469$1,712$1,167$785$291
32 years$3,342$2,336$1,598$1,073$710$253
33 years$3,206$2,213$1,492$986$642$220
34 years$3,077$2,097$1,394$908$581$191
35 years$2,957$1,989$1,303$835$527$167
36 years$2,843$1,888$1,219$769$477$145
37 years$2,736$1,793$1,141$709$432$126
38 years$2,634$1,704$1,069$653$392$110
39 years$2,538$1,620$1,001$602$356$96
40 years$2,447$1,542$938$556$323$83
41 years$2,361$1,468$880$513$293$72
42 years$2,279$1,398$825$473$265$63
43 years$2,201$1,332$774$437$241$55
44 years$2,127$1,269$727$403$219$48
45 years$2,056$1,210$683$372$199$42
46 years$1,989$1,155$641$344$180$36
47 years$1,924$1,102$602$318$164$32
48 years$1,863$1,052$566$294$149$28
49 years$1,804$1,005$532$271$135$24
50 years$1,748$960$500$251$123$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,790,000, adding $4,344 every year, while hoping to spend $30,609 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: 66/21/13 Blend
42$1,790,000$1,790,000$1,790,000$1,790,000
43$1,977,061$1,882,191$1,854,446$2,101,371
44$2,146,153$1,941,850$1,884,002$2,244,505
45$2,331,467$2,003,407$1,913,522$2,396,898
46$2,534,625$2,066,923$1,942,974$2,562,694
47$2,757,414$2,132,458$1,972,320$2,743,202
48$3,001,800$2,200,080$2,001,523$2,939,862
49$3,269,953$2,269,853$2,030,544$3,154,259
50$3,564,260$2,341,847$2,059,338$3,388,141
51$3,887,350$2,416,133$2,087,862$3,643,429
52$4,242,121$2,492,785$2,116,066$3,922,240
53$4,631,764$2,571,878$2,143,901$4,226,906
54$5,059,794$2,653,490$2,171,312$4,559,993
55$5,530,084$2,737,702$2,198,242$4,924,328
56$6,046,901$2,824,597$2,224,631$5,323,026
57$6,614,944$2,914,263$2,250,416$5,759,514
58$7,239,393$3,006,786$2,275,529$6,237,570
59$7,925,952$3,102,259$2,299,900$6,761,354
60$8,680,906$3,200,777$2,323,454$7,335,448
61$9,511,181$3,302,437$2,346,112$7,964,900
62$10,424,405$3,407,341$2,367,791$8,655,271
63$11,428,986$3,515,592$2,388,403$9,412,686
64$12,534,184$3,627,298$2,407,856$10,243,892
65$13,750,205$3,742,569$2,426,054$11,156,323
66$15,088,293$3,861,522$2,442,893$12,158,168
67$16,560,836$3,984,274$2,458,267$13,258,451
68$18,181,485$4,110,946$2,472,063$14,467,111
69$19,965,280$4,241,667$2,484,161$15,795,100
70$21,928,795$4,376,565$2,494,436$17,254,483
71$24,090,290$4,515,775$2,502,759$18,858,555
72$26,469,889$4,659,436$2,508,990$20,621,963
73$29,089,761$4,807,693$2,512,984$22,560,845
74$31,974,339$4,960,691$2,514,591$24,692,983
75$35,150,542$5,118,586$2,513,651$27,037,969
76$38,648,035$5,281,534$2,509,996$29,617,390
77$42,499,504$5,449,700$2,503,451$32,455,033
78$46,740,969$5,623,250$2,493,831$35,577,108
79$51,412,118$5,802,359$2,480,945$39,012,495
80$56,556,687$5,987,208$2,464,589$42,793,014
81$62,222,868$6,177,981$2,444,553$46,953,731
82$68,463,768$6,374,869$2,420,613$51,533,284
83$75,337,907$6,578,072$2,392,537$56,574,247
84$82,909,769$6,787,793$2,360,083$62,123,534
85$91,250,413$7,004,243$2,322,993$68,232,841
86$100,438,145$7,227,640$2,281,003$74,959,133
87$110,559,251$7,458,209$2,233,832$82,365,179
88$121,708,817$7,696,184$2,181,188$90,520,151
89$133,991,623$7,941,804$2,122,764$99,500,269
90$147,523,133$8,195,317$2,058,242$109,389,524
91$162,430,585$8,456,980$1,987,285$120,280,471
92$178,854,190$8,727,057$1,909,545$132,275,099
93$196,948,457$9,005,823$1,824,654$145,485,797
94$216,883,649$9,293,558$1,732,230$160,036,413
95$238,847,395$9,590,556$1,631,873$176,063,423
96$263,046,454$9,897,117$1,523,165$193,717,218
97$289,708,670$10,213,554$1,405,669$213,163,525
98$319,085,123$10,540,187$1,278,928$234,584,968
99$351,452,500$10,877,350$1,142,466$258,182,797
100$387,115,700$11,225,386$995,784$284,178,780