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%11.2%
1 years$151,945$150,592$149,272$147,983$146,724$145,983
2 years$75,221$73,820$72,462$71,146$69,869$69,121
3 years$49,649$48,242$46,888$45,584$44,328$43,596
4 years$36,866$35,463$34,122$32,840$31,615$30,905
5 years$29,198$27,803$26,480$25,225$24,033$23,348
6 years$24,087$22,704$21,400$20,172$19,017$18,356
7 years$20,438$19,066$17,783$16,585$15,466$14,830
8 years$17,703$16,343$15,082$13,913$12,830$12,220
9 years$15,577$14,230$12,990$11,850$10,805$10,220
10 years$13,877$12,543$11,325$10,215$9,206$8,646
11 years$12,487$11,166$9,970$8,890$7,918$7,382
12 years$11,329$10,022$8,848$7,798$6,861$6,350
13 years$10,350$9,057$7,905$6,884$5,983$5,495
14 years$9,512$8,233$7,103$6,111$5,245$4,780
15 years$8,786$7,521$6,413$5,450$4,618$4,176
16 years$8,152$6,900$5,814$4,880$4,081$3,661
17 years$7,593$6,355$5,291$4,385$3,619$3,220
18 years$7,096$5,872$4,830$3,951$3,218$2,839
19 years$6,652$5,442$4,422$3,570$2,868$2,509
20 years$6,254$5,057$4,058$3,234$2,562$2,222
21 years$5,893$4,711$3,732$2,935$2,292$1,971
22 years$5,566$4,397$3,440$2,668$2,055$1,752
23 years$5,268$4,113$3,176$2,430$1,845$1,558
24 years$4,995$3,853$2,938$2,216$1,658$1,388
25 years$4,744$3,616$2,721$2,024$1,492$1,238
26 years$4,513$3,398$2,523$1,851$1,344$1,105
27 years$4,299$3,198$2,343$1,694$1,212$987
28 years$4,101$3,014$2,178$1,552$1,093$882
29 years$3,917$2,843$2,027$1,423$987$789
30 years$3,745$2,685$1,888$1,306$892$706
31 years$3,585$2,538$1,760$1,200$806$632
32 years$3,436$2,402$1,642$1,103$729$566
33 years$3,295$2,274$1,533$1,014$660$507
34 years$3,163$2,156$1,433$933$598$455
35 years$3,039$2,045$1,340$859$541$408
36 years$2,922$1,941$1,253$791$491$366
37 years$2,812$1,843$1,173$729$445$328
38 years$2,708$1,752$1,098$672$403$295
39 years$2,609$1,666$1,029$619$365$264
40 years$2,516$1,585$965$571$332$237
41 years$2,427$1,509$904$527$301$213
42 years$2,343$1,437$848$486$273$192
43 years$2,262$1,369$796$449$248$172
44 years$2,186$1,305$747$415$225$155
45 years$2,114$1,244$702$383$204$139
46 years$2,044$1,187$659$354$185$125
47 years$1,978$1,133$619$327$168$112
48 years$1,915$1,081$582$302$153$101
49 years$1,854$1,033$547$279$139$91
50 years$1,796$986$514$258$126$81

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 $3,927 every year, while hoping to spend $35,145 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: 52/25/23 Blend
42$1,840,000$1,840,000$1,840,000$1,840,000
43$2,031,731$1,934,211$1,905,691$2,124,206
44$2,201,573$1,991,593$1,932,137$2,245,893
45$2,387,562$2,050,609$1,958,292$2,374,252
46$2,591,306$2,111,302$1,984,108$2,513,148
47$2,814,579$2,173,716$2,009,535$2,663,596
48$3,059,333$2,237,895$2,034,522$2,826,714
49$3,327,719$2,303,885$2,059,012$3,003,735
50$3,622,104$2,371,733$2,082,947$3,196,012
51$3,945,098$2,441,488$2,106,265$3,405,040
52$4,299,574$2,513,196$2,128,900$3,632,462
53$4,688,696$2,586,909$2,150,784$3,880,088
54$5,115,952$2,662,676$2,171,844$4,149,912
55$5,585,182$2,740,550$2,192,004$4,444,132
56$6,100,616$2,820,583$2,211,182$4,765,164
57$6,666,916$2,902,828$2,229,293$5,115,676
58$7,289,215$2,987,341$2,246,249$5,498,600
59$7,973,171$3,074,176$2,261,954$5,917,173
60$8,725,015$3,163,391$2,276,309$6,374,955
61$9,551,611$3,255,043$2,289,211$6,875,872
62$10,460,525$3,349,189$2,300,549$7,424,247
63$11,460,090$3,445,891$2,310,209$8,024,843
64$12,559,487$3,545,207$2,318,068$8,682,911
65$13,768,832$3,647,199$2,324,001$9,404,232
66$15,099,271$3,751,930$2,327,873$10,195,177
67$16,563,084$3,859,463$2,329,545$11,062,769
68$18,173,803$3,969,860$2,328,868$12,014,741
69$19,946,335$4,083,188$2,325,690$13,059,619
70$21,897,108$4,199,511$2,319,847$14,206,793
71$24,044,221$4,318,895$2,311,170$15,466,614
72$26,407,619$4,441,408$2,299,482$16,850,484
73$29,009,276$4,567,117$2,284,594$18,370,971
74$31,873,407$4,696,090$2,266,313$20,041,922
75$35,026,692$4,828,397$2,244,432$21,878,595
76$38,498,532$4,964,105$2,218,738$23,897,804
77$42,321,322$5,103,286$2,189,005$26,118,080
78$46,530,758$5,246,008$2,154,998$28,559,840
79$51,166,175$5,392,343$2,116,470$31,245,585
80$56,270,918$5,542,360$2,073,165$34,200,109
81$61,892,746$5,696,131$2,024,811$37,450,737
82$68,084,291$5,853,726$1,971,126$41,027,578
83$74,903,545$6,015,214$1,911,815$44,963,815
84$82,414,415$6,180,668$1,846,569$49,296,013
85$90,687,320$6,350,156$1,775,065$54,064,467
86$99,799,861$6,523,748$1,696,964$59,313,584
87$109,837,548$6,701,513$1,611,913$65,092,298
88$120,894,609$6,883,519$1,519,544$71,454,537
89$133,074,880$7,069,832$1,419,469$78,459,728
90$146,492,783$7,260,518$1,311,286$86,173,362
91$161,274,406$7,455,643$1,194,573$94,667,610
92$177,558,694$7,655,268$1,068,890$104,022,004
93$195,498,761$7,859,456$933,778$114,324,192
94$215,263,330$8,068,265$788,755$125,670,761
95$237,038,331$8,281,751$633,320$138,168,152
96$261,028,654$8,499,970$466,949$151,933,666
97$287,460,081$8,722,973$289,096$167,096,568
98$316,581,418$8,950,808$99,190$183,799,313
99$348,666,845$9,183,520$0$202,198,885
100$384,018,500$9,421,149$0$222,493,680