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

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 $1,840,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$151,945$150,592$149,272$147,983$146,724$145,495
2 years$75,221$73,820$72,462$71,146$69,869$68,630
3 years$49,649$48,242$46,888$45,584$44,328$43,117
4 years$36,866$35,463$34,122$32,840$31,615$30,443
5 years$29,198$27,803$26,480$25,225$24,033$22,902
6 years$24,087$22,704$21,400$20,172$19,017$17,929
7 years$20,438$19,066$17,783$16,585$15,466$14,421
8 years$17,703$16,343$15,082$13,913$12,830$11,829
9 years$15,577$14,230$12,990$11,850$10,805$9,847
10 years$13,877$12,543$11,325$10,215$9,206$8,291
11 years$12,487$11,166$9,970$8,890$7,918$7,044
12 years$11,329$10,022$8,848$7,798$6,861$6,029
13 years$10,350$9,057$7,905$6,884$5,983$5,191
14 years$9,512$8,233$7,103$6,111$5,245$4,492
15 years$8,786$7,521$6,413$5,450$4,618$3,903
16 years$8,152$6,900$5,814$4,880$4,081$3,403
17 years$7,593$6,355$5,291$4,385$3,619$2,976
18 years$7,096$5,872$4,830$3,951$3,218$2,610
19 years$6,652$5,442$4,422$3,570$2,868$2,293
20 years$6,254$5,057$4,058$3,234$2,562$2,019
21 years$5,893$4,711$3,732$2,935$2,292$1,781
22 years$5,566$4,397$3,440$2,668$2,055$1,573
23 years$5,268$4,113$3,176$2,430$1,845$1,391
24 years$4,995$3,853$2,938$2,216$1,658$1,231
25 years$4,744$3,616$2,721$2,024$1,492$1,091
26 years$4,513$3,398$2,523$1,851$1,344$968
27 years$4,299$3,198$2,343$1,694$1,212$859
28 years$4,101$3,014$2,178$1,552$1,093$763
29 years$3,917$2,843$2,027$1,423$987$678
30 years$3,745$2,685$1,888$1,306$892$603
31 years$3,585$2,538$1,760$1,200$806$536
32 years$3,436$2,402$1,642$1,103$729$477
33 years$3,295$2,274$1,533$1,014$660$425
34 years$3,163$2,156$1,433$933$598$378
35 years$3,039$2,045$1,340$859$541$337
36 years$2,922$1,941$1,253$791$491$300
37 years$2,812$1,843$1,173$729$445$268
38 years$2,708$1,752$1,098$672$403$239
39 years$2,609$1,666$1,029$619$365$213
40 years$2,516$1,585$965$571$332$190
41 years$2,427$1,509$904$527$301$169
42 years$2,343$1,437$848$486$273$151
43 years$2,262$1,369$796$449$248$135
44 years$2,186$1,305$747$415$225$120
45 years$2,114$1,244$702$383$204$107
46 years$2,044$1,187$659$354$185$96
47 years$1,978$1,133$619$327$168$85
48 years$1,915$1,081$582$302$153$76
49 years$1,854$1,033$547$279$139$68
50 years$1,796$986$514$258$126$61

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 $6,873 every year, while hoping to spend $58,554 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: 56/32/12 Blend
42$1,840,000$1,840,000$1,840,000$1,840,000
43$2,034,769$1,937,249$1,908,729$2,142,169
44$2,180,015$1,969,874$1,910,371$2,248,288
45$2,338,113$2,002,134$1,910,105$2,356,801
46$2,510,313$2,033,951$1,907,806$2,473,619
47$2,697,989$2,065,239$1,903,341$2,599,547
48$2,902,654$2,095,906$1,896,573$2,735,471
49$3,125,973$2,125,854$1,887,357$2,882,366
50$3,369,780$2,154,977$1,875,541$3,041,311
51$3,636,090$2,183,164$1,860,964$3,213,492
52$3,927,126$2,210,294$1,843,462$3,400,219
53$4,245,333$2,236,238$1,822,857$3,602,938
54$4,593,402$2,260,859$1,798,968$3,823,240
55$4,974,298$2,284,011$1,771,603$4,062,882
56$5,391,285$2,305,536$1,740,560$4,323,801
57$5,847,958$2,325,269$1,705,631$4,608,133
58$6,348,274$2,343,032$1,666,594$4,918,235
59$6,896,593$2,358,635$1,623,220$5,256,705
60$7,497,716$2,371,878$1,575,268$5,626,408
61$8,156,930$2,382,547$1,522,486$6,030,505
62$8,880,058$2,390,413$1,464,611$6,472,481
63$9,673,516$2,395,236$1,401,367$6,956,178
64$10,544,369$2,396,757$1,332,468$7,485,836
65$11,500,400$2,394,703$1,257,611$8,066,129
66$12,550,182$2,388,785$1,176,482$8,702,212
67$13,703,159$2,378,694$1,088,752$9,399,768
68$14,969,735$2,364,103$994,079$10,165,065
69$16,361,370$2,344,667$892,103$11,005,017
70$17,890,691$2,320,016$782,450$11,927,245
71$19,571,608$2,289,763$664,727$12,940,155
72$21,419,443$2,253,493$538,528$14,053,013
73$23,451,081$2,210,769$403,423$15,276,040
74$25,685,123$2,161,128$258,969$16,620,503
75$28,142,060$2,104,078$104,699$18,098,827
76$30,844,472$2,039,100$0$19,724,712
77$33,817,236$1,965,644$0$21,520,937
78$37,087,761$1,883,127$0$23,511,286
79$40,686,246$1,790,933$0$25,700,770
80$44,645,965$1,688,411$0$28,109,703
81$49,003,583$1,574,872$0$30,760,480
82$53,799,494$1,449,587$0$33,677,786
83$59,078,212$1,311,786$0$36,888,829
84$64,888,780$1,160,654$0$40,423,605
85$71,285,241$995,332$0$44,315,173
86$78,327,142$814,909$0$48,599,976
87$86,080,097$618,426$0$53,318,184
88$94,616,406$404,869$0$58,514,073
89$104,015,738$173,165$0$64,236,447
90$114,365,878$0$0$70,539,103
91$125,763,558$0$0$77,508,734
92$138,315,372$0$0$85,251,481
93$152,138,774$0$0$93,778,849
94$167,363,194$0$0$103,170,709
95$184,131,251$0$0$113,515,070
96$202,600,106$0$0$124,908,915
97$222,942,940$0$0$137,459,115
98$245,350,588$0$0$151,283,435
99$270,033,341$0$0$166,511,645
100$297,222,930$0$0$183,286,747