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%14.8%
1 years$151,945$150,592$149,272$147,983$146,724$143,821
2 years$75,221$73,820$72,462$71,146$69,869$66,956
3 years$49,649$48,242$46,888$45,584$44,328$41,496
4 years$36,866$35,463$34,122$32,840$31,615$28,886
5 years$29,198$27,803$26,480$25,225$24,033$21,415
6 years$24,087$22,704$21,400$20,172$19,017$16,513
7 years$20,438$19,066$17,783$16,585$15,466$13,076
8 years$17,703$16,343$15,082$13,913$12,830$10,554
9 years$15,577$14,230$12,990$11,850$10,805$8,641
10 years$13,877$12,543$11,325$10,215$9,206$7,153
11 years$12,487$11,166$9,970$8,890$7,918$5,972
12 years$11,329$10,022$8,848$7,798$6,861$5,021
13 years$10,350$9,057$7,905$6,884$5,983$4,244
14 years$9,512$8,233$7,103$6,111$5,245$3,604
15 years$8,786$7,521$6,413$5,450$4,618$3,073
16 years$8,152$6,900$5,814$4,880$4,081$2,628
17 years$7,593$6,355$5,291$4,385$3,619$2,253
18 years$7,096$5,872$4,830$3,951$3,218$1,936
19 years$6,652$5,442$4,422$3,570$2,868$1,667
20 years$6,254$5,057$4,058$3,234$2,562$1,438
21 years$5,893$4,711$3,732$2,935$2,292$1,241
22 years$5,566$4,397$3,440$2,668$2,055$1,073
23 years$5,268$4,113$3,176$2,430$1,845$929
24 years$4,995$3,853$2,938$2,216$1,658$805
25 years$4,744$3,616$2,721$2,024$1,492$697
26 years$4,513$3,398$2,523$1,851$1,344$605
27 years$4,299$3,198$2,343$1,694$1,212$525
28 years$4,101$3,014$2,178$1,552$1,093$456
29 years$3,917$2,843$2,027$1,423$987$396
30 years$3,745$2,685$1,888$1,306$892$344
31 years$3,585$2,538$1,760$1,200$806$299
32 years$3,436$2,402$1,642$1,103$729$260
33 years$3,295$2,274$1,533$1,014$660$226
34 years$3,163$2,156$1,433$933$598$197
35 years$3,039$2,045$1,340$859$541$171
36 years$2,922$1,941$1,253$791$491$149
37 years$2,812$1,843$1,173$729$445$130
38 years$2,708$1,752$1,098$672$403$113
39 years$2,609$1,666$1,029$619$365$98
40 years$2,516$1,585$965$571$332$86
41 years$2,427$1,509$904$527$301$74
42 years$2,343$1,437$848$486$273$65
43 years$2,262$1,369$796$449$248$56
44 years$2,186$1,305$747$415$225$49
45 years$2,114$1,244$702$383$204$43
46 years$2,044$1,187$659$354$185$37
47 years$1,978$1,133$619$327$168$32
48 years$1,915$1,081$582$302$153$28
49 years$1,854$1,033$547$279$139$25
50 years$1,796$986$514$258$126$21

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 $4,411 every year, while hoping to spend $38,931 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: 54/24/22 Blend
42$1,840,000$1,840,000$1,840,000$1,840,000
43$2,032,230$1,934,710$1,906,190$2,129,495
44$2,198,095$1,988,088$1,928,625$2,250,149
45$2,379,574$2,042,778$1,950,507$2,376,984
46$2,578,217$2,098,801$1,971,776$2,514,233
47$2,795,734$2,156,181$1,992,369$2,662,904
48$3,034,006$2,214,940$2,012,220$2,824,108
49$3,295,104$2,275,102$2,031,259$2,999,067
50$3,581,310$2,336,688$2,049,412$3,189,128
51$3,895,138$2,399,720$2,066,602$3,395,775
52$4,239,355$2,464,219$2,082,746$3,620,641
53$4,617,010$2,530,207$2,097,759$3,865,526
54$5,031,461$2,597,703$2,111,549$4,132,414
55$5,486,407$2,666,727$2,124,023$4,423,489
56$5,985,922$2,737,298$2,135,079$4,741,157
57$6,534,494$2,809,433$2,144,612$5,088,071
58$7,137,068$2,883,151$2,152,512$5,467,151
59$7,799,090$2,958,467$2,158,663$5,881,616
60$8,526,561$3,035,395$2,162,942$6,335,014
61$9,326,090$3,113,950$2,165,220$6,831,252
62$10,204,961$3,194,143$2,165,365$7,374,637
63$11,171,197$3,275,986$2,163,234$7,969,914
64$12,233,636$3,359,486$2,158,680$8,622,311
65$13,402,018$3,444,652$2,151,547$9,337,592
66$14,687,073$3,531,489$2,141,672$10,122,104
67$16,100,621$3,619,998$2,128,885$10,982,846
68$17,655,688$3,710,183$2,113,007$11,927,528
69$19,366,626$3,802,039$2,093,850$12,964,647
70$21,249,246$3,895,563$2,071,218$14,103,566
71$23,320,971$3,990,748$2,044,906$15,354,606
72$25,600,998$4,087,582$2,014,698$16,729,139
73$28,110,478$4,186,051$1,980,368$18,239,696
74$30,872,717$4,286,138$1,941,681$19,900,089
75$33,913,396$4,387,821$1,898,390$21,725,538
76$37,260,812$4,491,074$1,850,235$23,732,818
77$40,946,144$4,595,866$1,796,947$25,940,413
78$45,003,750$4,702,162$1,738,244$28,368,696
79$49,471,485$4,809,921$1,673,828$31,040,117
80$54,391,066$4,919,096$1,603,390$33,979,418
81$59,808,459$5,029,637$1,526,609$37,213,868
82$65,774,316$5,141,483$1,443,144$40,773,516
83$72,344,450$5,254,569$1,352,643$44,691,480
84$79,580,364$5,368,823$1,254,737$49,004,256
85$87,549,830$5,484,164$1,149,039$53,752,066
86$96,327,527$5,600,503$1,035,147$58,979,238
87$105,995,750$5,717,743$912,639$64,734,621
88$116,645,180$5,835,776$781,076$71,072,054
89$128,375,745$5,954,486$639,999$78,050,867
90$141,297,559$6,073,744$488,927$85,736,447
91$155,531,965$6,193,411$327,360$94,200,852
92$171,212,674$6,313,337$154,776$103,523,496
93$188,487,034$6,433,358$0$113,791,898
94$207,517,414$6,553,295$0$125,109,409
95$228,482,741$6,672,958$0$137,614,640
96$251,580,186$6,792,138$0$151,388,500
97$277,027,025$6,910,613$0$166,560,230
98$305,062,690$7,028,141$0$183,272,248
99$335,951,028$7,144,464$0$201,681,499
100$369,982,793$7,259,303$0$221,960,933