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%16.5%
1 years$151,945$150,592$149,272$147,983$146,724$142,830
2 years$75,221$73,820$72,462$71,146$69,869$65,972
3 years$49,649$48,242$46,888$45,584$44,328$40,551
4 years$36,866$35,463$34,122$32,840$31,615$27,987
5 years$29,198$27,803$26,480$25,225$24,033$20,564
6 years$24,087$22,704$21,400$20,172$19,017$15,710
7 years$20,438$19,066$17,783$16,585$15,466$12,322
8 years$17,703$16,343$15,082$13,913$12,830$9,848
9 years$15,577$14,230$12,990$11,850$10,805$7,980
10 years$13,877$12,543$11,325$10,215$9,206$6,537
11 years$12,487$11,166$9,970$8,890$7,918$5,399
12 years$11,329$10,022$8,848$7,798$6,861$4,489
13 years$10,350$9,057$7,905$6,884$5,983$3,752
14 years$9,512$8,233$7,103$6,111$5,245$3,149
15 years$8,786$7,521$6,413$5,450$4,618$2,653
16 years$8,152$6,900$5,814$4,880$4,081$2,242
17 years$7,593$6,355$5,291$4,385$3,619$1,898
18 years$7,096$5,872$4,830$3,951$3,218$1,611
19 years$6,652$5,442$4,422$3,570$2,868$1,370
20 years$6,254$5,057$4,058$3,234$2,562$1,166
21 years$5,893$4,711$3,732$2,935$2,292$994
22 years$5,566$4,397$3,440$2,668$2,055$848
23 years$5,268$4,113$3,176$2,430$1,845$724
24 years$4,995$3,853$2,938$2,216$1,658$619
25 years$4,744$3,616$2,721$2,024$1,492$529
26 years$4,513$3,398$2,523$1,851$1,344$453
27 years$4,299$3,198$2,343$1,694$1,212$388
28 years$4,101$3,014$2,178$1,552$1,093$332
29 years$3,917$2,843$2,027$1,423$987$284
30 years$3,745$2,685$1,888$1,306$892$244
31 years$3,585$2,538$1,760$1,200$806$209
32 years$3,436$2,402$1,642$1,103$729$179
33 years$3,295$2,274$1,533$1,014$660$154
34 years$3,163$2,156$1,433$933$598$132
35 years$3,039$2,045$1,340$859$541$113
36 years$2,922$1,941$1,253$791$491$97
37 years$2,812$1,843$1,173$729$445$83
38 years$2,708$1,752$1,098$672$403$71
39 years$2,609$1,666$1,029$619$365$61
40 years$2,516$1,585$965$571$332$53
41 years$2,427$1,509$904$527$301$45
42 years$2,343$1,437$848$486$273$39
43 years$2,262$1,369$796$449$248$33
44 years$2,186$1,305$747$415$225$28
45 years$2,114$1,244$702$383$204$24
46 years$2,044$1,187$659$354$185$21
47 years$1,978$1,133$619$327$168$18
48 years$1,915$1,081$582$302$153$15
49 years$1,854$1,033$547$279$139$13
50 years$1,796$986$514$258$126$11

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 $4,251 every year, while hoping to spend $36,940 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: 73/17/10 Blend
42$1,840,000$1,840,000$1,840,000$1,840,000
43$2,032,065$1,934,545$1,906,025$2,176,312
44$2,200,032$1,990,034$1,930,573$2,327,631
45$2,383,893$2,047,003$1,954,705$2,488,300
46$2,585,231$2,105,488$1,978,369$2,663,253
47$2,805,788$2,165,520$2,001,508$2,853,893
48$3,047,484$2,227,136$2,024,063$3,061,763
49$3,312,430$2,290,368$2,045,973$3,288,564
50$3,602,956$2,355,254$2,067,170$3,536,166
51$3,921,623$2,421,828$2,087,587$3,806,632
52$4,271,257$2,490,125$2,107,149$4,102,232
53$4,654,966$2,560,183$2,125,780$4,425,467
54$5,076,178$2,632,036$2,143,398$4,779,090
55$5,538,664$2,705,722$2,159,918$5,166,135
56$6,046,583$2,781,278$2,175,250$5,589,943
57$6,604,513$2,858,739$2,189,300$6,054,196
58$7,217,499$2,938,143$2,201,967$6,562,948
59$7,891,098$3,019,526$2,213,147$7,120,665
60$8,631,433$3,102,926$2,222,731$7,732,268
61$9,445,249$3,188,379$2,230,602$8,403,177
62$10,339,976$3,275,921$2,236,639$9,139,365
63$11,323,802$3,365,590$2,240,714$9,947,412
64$12,405,746$3,457,420$2,242,695$10,834,566
65$13,595,746$3,551,448$2,242,439$11,808,813
66$14,904,752$3,647,709$2,239,800$12,878,954
67$16,344,827$3,746,236$2,234,624$14,054,683
68$17,929,262$3,847,066$2,226,747$15,346,683
69$19,672,705$3,950,229$2,216,001$16,766,723
70$21,591,289$4,055,759$2,202,206$18,327,773
71$23,702,797$4,163,688$2,185,176$20,044,122
72$26,026,818$4,274,044$2,164,715$21,931,516
73$28,584,939$4,386,858$2,140,618$24,007,304
74$31,400,945$4,502,156$2,112,671$26,290,602
75$34,501,044$4,619,964$2,080,648$28,802,478
76$37,914,115$4,740,307$2,044,314$31,566,141
77$41,671,979$4,863,206$2,003,423$34,607,171
78$45,809,700$4,988,683$1,957,717$37,953,752
79$50,365,915$5,116,753$1,906,926$41,636,940
80$55,383,198$5,247,434$1,850,768$45,690,959
81$60,908,462$5,380,736$1,788,947$50,153,522
82$66,993,403$5,516,670$1,721,154$55,066,184
83$73,694,985$5,655,242$1,647,067$60,474,740
84$81,075,978$5,796,453$1,566,349$66,429,651
85$89,205,551$5,940,303$1,478,645$72,986,525
86$98,159,926$6,086,787$1,383,588$80,206,640
87$108,023,092$6,235,893$1,280,792$88,157,521
88$118,887,603$6,387,607$1,169,855$96,913,580
89$130,855,448$6,541,910$1,050,354$106,556,817
90$144,039,015$6,698,774$921,852$117,177,592
91$158,562,149$6,858,168$783,889$128,875,483
92$174,561,324$7,020,055$635,985$141,760,221
93$192,186,929$7,184,387$477,640$155,952,728
94$211,604,687$7,351,113$308,332$171,586,259
95$232,997,218$7,520,171$127,515$188,807,658
96$256,565,767$7,691,492$0$207,778,748
97$282,532,097$7,864,997$0$228,684,835
98$311,140,586$8,040,597$0$251,730,425
99$342,660,533$8,218,193$0$277,118,519
100$377,388,698$8,397,675$0$305,087,828