Can I retire at age 43 with 1,840,000?

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 $1,840,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14%
1 years$151,945$150,592$149,272$147,983$146,724$144,293
2 years$75,221$73,820$72,462$71,146$69,869$67,427
3 years$49,649$48,242$46,888$45,584$44,328$41,951
4 years$36,866$35,463$34,122$32,840$31,615$29,321
5 years$29,198$27,803$26,480$25,225$24,033$21,829
6 years$24,087$22,704$21,400$20,172$19,017$16,905
7 years$20,438$19,066$17,783$16,585$15,466$13,447
8 years$17,703$16,343$15,082$13,913$12,830$10,904
9 years$15,577$14,230$12,990$11,850$10,805$8,970
10 years$13,877$12,543$11,325$10,215$9,206$7,462
11 years$12,487$11,166$9,970$8,890$7,918$6,262
12 years$11,329$10,022$8,848$7,798$6,861$5,291
13 years$10,350$9,057$7,905$6,884$5,983$4,497
14 years$9,512$8,233$7,103$6,111$5,245$3,840
15 years$8,786$7,521$6,413$5,450$4,618$3,291
16 years$8,152$6,900$5,814$4,880$4,081$2,830
17 years$7,593$6,355$5,291$4,385$3,619$2,441
18 years$7,096$5,872$4,830$3,951$3,218$2,110
19 years$6,652$5,442$4,422$3,570$2,868$1,827
20 years$6,254$5,057$4,058$3,234$2,562$1,585
21 years$5,893$4,711$3,732$2,935$2,292$1,377
22 years$5,566$4,397$3,440$2,668$2,055$1,198
23 years$5,268$4,113$3,176$2,430$1,845$1,043
24 years$4,995$3,853$2,938$2,216$1,658$909
25 years$4,744$3,616$2,721$2,024$1,492$793
26 years$4,513$3,398$2,523$1,851$1,344$693
27 years$4,299$3,198$2,343$1,694$1,212$605
28 years$4,101$3,014$2,178$1,552$1,093$529
29 years$3,917$2,843$2,027$1,423$987$462
30 years$3,745$2,685$1,888$1,306$892$404
31 years$3,585$2,538$1,760$1,200$806$354
32 years$3,436$2,402$1,642$1,103$729$310
33 years$3,295$2,274$1,533$1,014$660$271
34 years$3,163$2,156$1,433$933$598$238
35 years$3,039$2,045$1,340$859$541$208
36 years$2,922$1,941$1,253$791$491$182
37 years$2,812$1,843$1,173$729$445$160
38 years$2,708$1,752$1,098$672$403$140
39 years$2,609$1,666$1,029$619$365$123
40 years$2,516$1,585$965$571$332$108
41 years$2,427$1,509$904$527$301$94
42 years$2,343$1,437$848$486$273$83
43 years$2,262$1,369$796$449$248$72
44 years$2,186$1,305$747$415$225$64
45 years$2,114$1,244$702$383$204$56
46 years$2,044$1,187$659$354$185$49
47 years$1,978$1,133$619$327$168$43
48 years$1,915$1,081$582$302$153$38
49 years$1,854$1,033$547$279$139$33
50 years$1,796$986$514$258$126$29

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,840,000, adding $2,458 every year, while hoping to spend $32,331 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: 67/16/17 Blend
42$1,840,000$1,840,000$1,840,000$1,840,000
43$2,030,215$1,932,695$1,904,175$2,157,719
44$2,202,897$1,992,998$1,933,565$2,303,526
45$2,392,109$2,055,171$1,962,856$2,458,899
46$2,599,503$2,119,273$1,992,011$2,627,999
47$2,826,899$2,185,363$2,020,989$2,812,172
48$3,076,299$2,253,503$2,049,749$3,012,901
49$3,349,911$2,323,754$2,078,245$3,231,818
50$3,650,166$2,396,182$2,106,431$3,470,721
51$3,979,743$2,470,855$2,134,255$3,731,589
52$4,341,589$2,547,839$2,161,666$4,016,602
53$4,738,956$2,627,208$2,188,606$4,328,161
54$5,175,421$2,709,032$2,215,016$4,668,912
55$5,654,928$2,793,389$2,240,833$5,041,766
56$6,181,820$2,880,355$2,265,991$5,449,933
57$6,760,884$2,970,010$2,290,419$5,896,948
58$7,397,390$3,062,437$2,314,044$6,386,702
59$8,097,147$3,157,719$2,336,788$6,923,486
60$8,866,554$3,255,946$2,358,568$7,512,024
61$9,712,660$3,357,205$2,379,298$8,157,521
62$10,643,233$3,461,590$2,398,887$8,865,713
63$11,666,832$3,569,196$2,417,238$9,642,916
64$12,792,883$3,680,122$2,434,250$10,496,092
65$14,031,778$3,794,468$2,449,818$11,432,909
66$15,394,961$3,912,339$2,463,828$12,461,817
67$16,895,045$4,033,841$2,476,164$13,592,125
68$18,545,926$4,159,086$2,486,703$14,834,090
69$20,362,916$4,288,187$2,495,313$16,199,014
70$22,362,886$4,421,261$2,501,858$17,699,350
71$24,564,426$4,558,428$2,506,196$19,348,818
72$26,988,019$4,699,813$2,508,176$21,162,537
73$29,656,237$4,845,544$2,507,640$23,157,166
74$32,593,950$4,995,752$2,504,422$25,351,060
75$35,828,561$5,150,573$2,498,349$27,764,446
76$39,390,269$5,310,145$2,489,238$30,419,611
77$43,312,348$5,474,614$2,476,899$33,341,115
78$47,631,463$5,644,126$2,461,131$36,556,018
79$52,388,018$5,818,833$2,441,724$40,094,140
80$57,626,533$5,998,893$2,418,459$43,988,342
81$63,396,067$6,184,466$2,391,105$48,274,831
82$69,750,679$6,375,719$2,359,421$52,993,508
83$76,749,941$6,572,821$2,323,154$58,188,341
84$84,459,495$6,775,950$2,282,039$63,907,780
85$92,951,678$6,985,285$2,235,802$70,205,216
86$102,306,198$7,201,013$2,184,150$77,139,482
87$112,610,893$7,423,326$2,126,782$84,775,410
88$123,962,555$7,652,419$2,063,380$93,184,444
89$136,467,844$7,888,497$1,993,612$102,445,313
90$150,244,299$8,131,768$1,917,132$112,644,772
91$165,421,439$8,382,446$1,833,578$123,878,425
92$182,141,992$8,640,752$1,742,569$136,251,623
93$200,563,240$8,906,914$1,643,710$149,880,464
94$220,858,502$9,181,164$1,536,586$164,892,883
95$243,218,772$9,463,744$1,420,764$181,429,862
96$267,854,520$9,754,901$1,295,793$199,646,762
97$294,997,678$10,054,888$1,161,199$219,714,789
98$324,903,831$10,363,968$1,016,490$241,822,608
99$357,854,628$10,682,408$861,148$266,178,128
100$394,160,441$11,010,487$694,637$293,010,459