Can I retire at age 43 with 1,890,000?

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 $1,890,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$156,074$154,684$153,328$152,004$150,711$145,480
2 years$77,265$75,826$74,431$73,079$71,767$66,551
3 years$50,998$49,553$48,162$46,822$45,532$40,494
4 years$37,867$36,427$35,049$33,733$32,474$27,653
5 years$29,991$28,559$27,200$25,910$24,686$20,096
6 years$24,742$23,320$21,981$20,720$19,533$15,177
7 years$20,994$19,585$18,267$17,035$15,886$11,762
8 years$18,184$16,788$15,492$14,291$13,179$9,284
9 years$16,000$14,617$13,343$12,172$11,098$7,429
10 years$14,254$12,884$11,633$10,493$9,456$6,005
11 years$12,826$11,470$10,241$9,132$8,133$4,893
12 years$11,637$10,295$9,089$8,010$7,048$4,012
13 years$10,632$9,303$8,120$7,071$6,146$3,306
14 years$9,771$8,456$7,296$6,277$5,387$2,735
15 years$9,025$7,725$6,587$5,598$4,743$2,270
16 years$8,373$7,088$5,972$5,013$4,192$1,889
17 years$7,799$6,527$5,435$4,504$3,717$1,576
18 years$7,289$6,032$4,961$4,059$3,305$1,317
19 years$6,833$5,590$4,542$3,667$2,946$1,102
20 years$6,424$5,195$4,168$3,322$2,631$923
21 years$6,053$4,839$3,834$3,015$2,355$774
22 years$5,717$4,517$3,534$2,741$2,111$650
23 years$5,411$4,224$3,263$2,496$1,895$546
24 years$5,130$3,958$3,017$2,277$1,703$459
25 years$4,873$3,714$2,795$2,079$1,532$386
26 years$4,635$3,491$2,592$1,901$1,380$325
27 years$4,416$3,285$2,407$1,740$1,245$273
28 years$4,212$3,096$2,237$1,594$1,123$230
29 years$4,023$2,920$2,082$1,462$1,014$194
30 years$3,847$2,758$1,939$1,342$916$163
31 years$3,683$2,607$1,808$1,232$828$137
32 years$3,529$2,467$1,687$1,133$749$116
33 years$3,385$2,336$1,575$1,041$678$98
34 years$3,249$2,214$1,472$958$614$82
35 years$3,122$2,100$1,376$882$556$69
36 years$3,002$1,993$1,287$812$504$58
37 years$2,888$1,893$1,205$749$457$49
38 years$2,781$1,799$1,128$690$414$41
39 years$2,680$1,711$1,057$636$375$35
40 years$2,584$1,628$991$587$341$29
41 years$2,493$1,550$929$541$309$25
42 years$2,406$1,476$871$500$280$21
43 years$2,324$1,406$818$461$254$18
44 years$2,246$1,340$768$426$231$15
45 years$2,171$1,278$721$393$210$13
46 years$2,100$1,219$677$363$190$11
47 years$2,032$1,164$636$336$173$9
48 years$1,967$1,111$598$310$157$8
49 years$1,905$1,061$562$287$143$6
50 years$1,845$1,013$528$265$129$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,890,000, adding $5,810 every year, while hoping to spend $48,688 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: 88/6/6 Blend
42$1,890,000$1,890,000$1,890,000$1,890,000
43$2,088,773$1,988,603$1,959,308$2,271,700
44$2,250,024$2,034,241$1,973,141$2,437,279
45$2,426,091$2,080,483$1,985,806$2,611,873
46$2,618,434$2,127,308$1,997,212$2,802,213
47$2,828,659$2,174,691$2,007,263$3,009,851
48$3,058,537$2,222,605$2,015,861$3,236,495
49$3,310,014$2,271,020$2,022,899$3,484,026
50$3,585,237$2,319,901$2,028,267$3,754,516
51$3,886,567$2,369,212$2,031,850$4,050,246
52$4,216,605$2,418,912$2,033,525$4,373,728
53$4,578,215$2,468,955$2,033,165$4,727,729
54$4,974,553$2,519,294$2,030,636$5,115,297
55$5,409,092$2,569,874$2,025,797$5,539,789
56$5,885,658$2,620,637$2,018,500$6,004,905
57$6,408,467$2,671,519$2,008,592$6,514,716
58$6,982,160$2,722,453$1,995,909$7,073,711
59$7,611,851$2,773,364$1,980,282$7,686,834
60$8,303,172$2,824,171$1,961,534$8,359,531
61$9,062,327$2,874,787$1,939,477$9,097,801
62$9,896,152$2,925,119$1,913,917$9,908,255
63$10,812,174$2,975,065$1,884,648$10,798,176
64$11,818,690$3,024,517$1,851,457$11,775,588
65$12,924,836$3,073,357$1,814,121$12,849,330
66$14,140,678$3,121,461$1,772,403$14,029,143
67$15,477,309$3,168,694$1,726,060$15,325,758
68$16,946,945$3,214,911$1,674,834$16,751,000
69$18,563,049$3,259,958$1,618,457$18,317,898
70$20,340,453$3,303,668$1,556,647$20,040,807
71$22,295,497$3,345,866$1,489,113$21,935,545
72$24,446,185$3,386,361$1,415,546$24,019,540
73$26,812,355$3,424,952$1,335,626$26,311,999
74$29,415,863$3,461,422$1,249,017$28,834,082
75$32,280,792$3,495,542$1,155,369$31,609,107
76$35,433,675$3,527,066$1,054,316$34,662,769
77$38,903,749$3,555,732$945,476$38,023,380
78$42,723,231$3,581,262$828,448$41,722,140
79$46,927,615$3,603,358$702,816$45,793,428
80$51,556,015$3,621,706$568,144$50,275,126
81$56,651,528$3,635,969$423,976$55,208,981
82$62,261,642$3,645,790$269,837$60,640,992
83$68,438,685$3,650,789$105,233$66,621,851
84$75,240,317$3,650,564$0$73,207,417
85$82,730,073$3,644,685$0$80,463,754
86$90,977,965$3,632,699$0$88,461,665
87$100,061,138$3,614,122$0$97,269,190
88$110,064,603$3,588,442$0$106,968,736
89$121,082,034$3,555,117$0$117,651,111
90$133,216,654$3,513,571$0$129,416,381
91$146,582,209$3,463,193$0$142,374,814
92$161,304,041$3,403,336$0$156,647,920
93$177,520,269$3,333,315$0$172,369,598
94$195,383,094$3,252,405$0$189,687,402
95$215,060,233$3,159,836$0$208,763,930
96$236,736,504$3,054,795$0$229,778,359
97$260,615,569$2,936,422$0$252,928,138
98$286,921,855$2,803,804$0$278,430,851
99$315,902,671$2,655,978$0$306,526,268
100$347,830,548$2,491,925$0$337,478,614