Can I retire at age 43 with 1,920,000?

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 $1,920,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.3%
1 years$158,552$157,140$155,762$154,417$153,103$150,382
2 years$78,491$77,029$75,612$74,239$72,906$70,173
3 years$51,808$50,339$48,926$47,566$46,255$43,596
4 years$38,468$37,005$35,606$34,268$32,989$30,425
5 years$30,467$29,012$27,632$26,321$25,078$22,615
6 years$25,135$23,691$22,330$21,049$19,843$17,485
7 years$21,327$19,895$18,557$17,306$16,138$13,885
8 years$18,473$17,054$15,738$14,517$13,388$11,240
9 years$16,254$14,849$13,555$12,366$11,275$9,230
10 years$14,480$13,088$11,817$10,659$9,607$7,664
11 years$13,029$11,652$10,404$9,277$8,262$6,419
12 years$11,822$10,458$9,233$8,137$7,160$5,414
13 years$10,800$9,451$8,249$7,184$6,243$4,592
14 years$9,926$8,591$7,412$6,377$5,473$3,913
15 years$9,168$7,848$6,692$5,687$4,819$3,347
16 years$8,506$7,200$6,067$5,092$4,259$2,872
17 years$7,923$6,631$5,521$4,575$3,776$2,472
18 years$7,405$6,127$5,040$4,123$3,358$2,132
19 years$6,942$5,679$4,614$3,726$2,993$1,842
20 years$6,525$5,277$4,234$3,374$2,673$1,595
21 years$6,149$4,915$3,895$3,062$2,392$1,382
22 years$5,808$4,588$3,590$2,784$2,144$1,200
23 years$5,497$4,291$3,314$2,536$1,925$1,042
24 years$5,212$4,021$3,065$2,313$1,730$906
25 years$4,950$3,773$2,839$2,112$1,557$789
26 years$4,709$3,546$2,633$1,931$1,402$687
27 years$4,486$3,337$2,445$1,768$1,264$599
28 years$4,279$3,145$2,273$1,620$1,141$522
29 years$4,087$2,967$2,115$1,485$1,030$455
30 years$3,908$2,802$1,970$1,363$931$397
31 years$3,741$2,649$1,837$1,252$841$347
32 years$3,585$2,506$1,714$1,151$761$303
33 years$3,438$2,373$1,600$1,058$689$264
34 years$3,301$2,249$1,495$973$624$231
35 years$3,171$2,134$1,398$896$565$202
36 years$3,049$2,025$1,308$825$512$176
37 years$2,934$1,923$1,224$760$464$154
38 years$2,825$1,828$1,146$701$421$135
39 years$2,723$1,738$1,074$646$381$118
40 years$2,625$1,654$1,006$596$346$103
41 years$2,532$1,574$944$550$314$90
42 years$2,444$1,499$885$508$285$79
43 years$2,361$1,428$831$469$258$69
44 years$2,281$1,362$780$433$235$60
45 years$2,205$1,298$732$400$213$53
46 years$2,133$1,239$688$369$193$46
47 years$2,064$1,182$646$341$176$40
48 years$1,998$1,128$607$315$159$35
49 years$1,935$1,078$571$291$145$31
50 years$1,875$1,029$536$269$132$27

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,920,000, adding $4,481 every year, while hoping to spend $37,271 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: 65/5/30 Blend
42$1,920,000$1,920,000$1,920,000$1,920,000
43$2,120,462$2,018,702$1,988,942$2,241,075
44$2,297,093$2,077,963$2,015,916$2,382,557
45$2,490,492$2,138,877$2,042,544$2,532,637
46$2,702,328$2,201,489$2,068,775$2,695,894
47$2,934,443$2,265,839$2,094,556$2,873,631
48$3,188,862$2,331,971$2,119,830$3,067,285
49$3,467,818$2,399,930$2,144,536$3,278,437
50$3,773,769$2,469,760$2,168,612$3,508,831
51$4,109,422$2,541,507$2,191,989$3,760,389
52$4,477,759$2,615,217$2,214,597$4,035,228
53$4,882,066$2,690,938$2,236,362$4,335,679
54$5,325,962$2,768,719$2,257,204$4,664,313
55$5,813,431$2,848,607$2,277,042$5,023,962
56$6,348,864$2,930,652$2,295,786$5,417,747
57$6,937,100$3,014,906$2,313,347$5,849,106
58$7,583,466$3,101,418$2,329,626$6,321,831
59$8,293,834$3,190,242$2,344,522$6,840,096
60$9,074,669$3,281,428$2,357,928$7,408,505
61$9,933,098$3,375,031$2,369,732$8,032,128
62$10,876,971$3,471,104$2,379,814$8,716,556
63$11,914,935$3,569,701$2,388,051$9,467,947
64$13,056,520$3,670,878$2,394,312$10,293,090
65$14,312,224$3,774,690$2,398,461$11,199,465
66$15,693,614$3,881,192$2,400,352$12,195,315
67$17,213,434$3,990,442$2,399,835$13,289,727
68$18,885,726$4,102,496$2,396,752$14,492,712
69$20,725,963$4,217,411$2,390,936$15,815,305
70$22,751,191$4,335,245$2,382,212$17,269,666
71$24,980,195$4,456,054$2,370,399$18,869,195
72$27,433,671$4,579,897$2,355,304$20,628,663
73$30,134,426$4,706,832$2,336,726$22,564,346
74$33,107,586$4,836,915$2,314,455$24,694,180
75$36,380,841$4,970,206$2,288,271$27,037,935
76$39,984,702$5,106,760$2,257,943$29,617,397
77$43,952,786$5,246,636$2,223,228$32,456,574
78$48,322,138$5,389,890$2,183,874$35,581,927
79$53,133,579$5,536,577$2,139,617$39,022,617
80$58,432,088$5,686,753$2,090,178$42,810,778
81$64,267,229$5,840,472$2,035,268$46,981,828
82$70,693,620$5,997,789$1,974,582$51,574,798
83$77,771,443$6,158,755$1,907,805$56,632,701
84$85,567,018$6,323,421$1,834,603$62,202,941
85$94,153,421$6,491,836$1,754,631$68,337,761
86$103,611,183$6,664,049$1,667,523$75,094,731
87$114,029,041$6,840,105$1,572,903$82,537,302
88$125,504,780$7,020,047$1,470,372$90,735,396
89$138,146,156$7,203,917$1,359,517$99,766,072
90$152,071,908$7,391,753$1,239,905$109,714,252
91$167,412,884$7,583,590$1,111,084$120,673,524
92$184,313,273$7,779,462$972,580$132,747,026
93$202,931,967$7,979,395$823,902$146,048,421
94$223,444,058$8,183,416$664,533$160,702,971
95$246,042,493$8,391,544$493,935$176,848,716
96$270,939,893$8,603,796$311,548$194,637,786
97$298,370,561$8,820,181$116,784$214,237,830
98$328,592,694$9,040,705$0$235,833,606
99$361,890,817$9,265,368$0$259,657,871
100$398,578,471$9,494,162$0$285,947,648