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%14.8%
1 years$158,552$157,140$155,762$154,417$153,103$150,074
2 years$78,491$77,029$75,612$74,239$72,906$69,867
3 years$51,808$50,339$48,926$47,566$46,255$43,300
4 years$38,468$37,005$35,606$34,268$32,989$30,142
5 years$30,467$29,012$27,632$26,321$25,078$22,347
6 years$25,135$23,691$22,330$21,049$19,843$17,231
7 years$21,327$19,895$18,557$17,306$16,138$13,645
8 years$18,473$17,054$15,738$14,517$13,388$11,013
9 years$16,254$14,849$13,555$12,366$11,275$9,017
10 years$14,480$13,088$11,817$10,659$9,607$7,464
11 years$13,029$11,652$10,404$9,277$8,262$6,232
12 years$11,822$10,458$9,233$8,137$7,160$5,239
13 years$10,800$9,451$8,249$7,184$6,243$4,429
14 years$9,926$8,591$7,412$6,377$5,473$3,761
15 years$9,168$7,848$6,692$5,687$4,819$3,206
16 years$8,506$7,200$6,067$5,092$4,259$2,742
17 years$7,923$6,631$5,521$4,575$3,776$2,351
18 years$7,405$6,127$5,040$4,123$3,358$2,020
19 years$6,942$5,679$4,614$3,726$2,993$1,739
20 years$6,525$5,277$4,234$3,374$2,673$1,500
21 years$6,149$4,915$3,895$3,062$2,392$1,295
22 years$5,808$4,588$3,590$2,784$2,144$1,120
23 years$5,497$4,291$3,314$2,536$1,925$969
24 years$5,212$4,021$3,065$2,313$1,730$840
25 years$4,950$3,773$2,839$2,112$1,557$728
26 years$4,709$3,546$2,633$1,931$1,402$631
27 years$4,486$3,337$2,445$1,768$1,264$548
28 years$4,279$3,145$2,273$1,620$1,141$476
29 years$4,087$2,967$2,115$1,485$1,030$413
30 years$3,908$2,802$1,970$1,363$931$359
31 years$3,741$2,649$1,837$1,252$841$312
32 years$3,585$2,506$1,714$1,151$761$271
33 years$3,438$2,373$1,600$1,058$689$236
34 years$3,301$2,249$1,495$973$624$205
35 years$3,171$2,134$1,398$896$565$179
36 years$3,049$2,025$1,308$825$512$155
37 years$2,934$1,923$1,224$760$464$135
38 years$2,825$1,828$1,146$701$421$118
39 years$2,723$1,738$1,074$646$381$103
40 years$2,625$1,654$1,006$596$346$89
41 years$2,532$1,574$944$550$314$78
42 years$2,444$1,499$885$508$285$68
43 years$2,361$1,428$831$469$258$59
44 years$2,281$1,362$780$433$235$51
45 years$2,205$1,298$732$400$213$45
46 years$2,133$1,239$688$369$193$39
47 years$2,064$1,182$646$341$176$34
48 years$1,998$1,128$607$315$159$30
49 years$1,935$1,078$571$291$145$26
50 years$1,875$1,029$536$269$132$22

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 $5,307 every year, while hoping to spend $59,061 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: 44/32/24 Blend
42$1,920,000$1,920,000$1,920,000$1,920,000
43$2,121,314$2,019,554$1,989,794$2,199,680
44$2,274,848$2,055,672$1,993,612$2,291,882
45$2,442,062$2,091,580$1,995,578$2,385,639
46$2,624,291$2,127,206$1,995,568$2,486,094
47$2,823,001$2,162,471$1,993,452$2,593,902
48$3,039,806$2,197,291$1,989,092$2,709,783
49$3,276,485$2,231,577$1,982,345$2,834,533
50$3,534,994$2,265,232$1,973,061$2,969,032
51$3,817,486$2,298,151$1,961,081$3,114,249
52$4,126,333$2,330,224$1,946,241$3,271,256
53$4,464,146$2,361,331$1,928,367$3,441,238
54$4,833,798$2,391,346$1,907,277$3,625,499
55$5,238,456$2,420,133$1,882,781$3,825,481
56$5,681,605$2,447,546$1,854,680$4,042,778
57$6,167,083$2,473,429$1,822,766$4,279,147
58$6,699,117$2,497,619$1,786,821$4,536,527
59$7,282,363$2,519,939$1,746,615$4,817,060
60$7,921,948$2,540,200$1,701,911$5,123,111
61$8,623,520$2,558,202$1,652,458$5,457,289
62$9,393,298$2,573,733$1,597,994$5,822,473
63$10,238,134$2,586,566$1,538,246$6,221,842
64$11,165,575$2,596,459$1,472,929$6,658,904
65$12,183,934$2,603,156$1,401,742$7,137,530
66$13,302,369$2,606,384$1,324,375$7,661,990
67$14,530,968$2,605,855$1,240,499$8,237,000
68$15,880,845$2,601,259$1,149,774$8,867,759
69$17,364,242$2,592,272$1,051,842$9,560,007
70$18,994,648$2,578,547$946,332$10,320,075
71$20,786,922$2,559,715$832,853$11,154,948
72$22,757,434$2,535,387$711,000$12,072,333
73$24,924,221$2,505,150$580,348$13,080,731
74$27,307,155$2,468,565$440,452$14,189,522
75$29,928,129$2,425,169$290,852$15,409,049
76$32,811,265$2,374,469$131,062$16,750,726
77$35,983,140$2,315,945$0$18,227,140
78$39,473,038$2,249,044$0$19,862,278
79$43,313,224$2,173,183$0$21,697,823
80$47,539,248$2,087,744$0$23,717,206
81$52,190,281$1,992,073$0$25,939,199
82$57,309,483$1,885,478$0$28,384,496
83$62,944,411$1,767,227$0$31,075,912
84$69,147,466$1,636,547$0$34,038,592
85$75,976,389$1,492,619$0$37,300,258
86$83,494,803$1,334,579$0$40,891,469
87$91,772,812$1,161,513$0$44,845,909
88$100,887,667$972,455$0$49,200,709
89$110,924,489$766,386$0$53,996,799
90$121,977,075$542,226$0$59,279,297
91$134,148,780$298,839$0$65,097,934
92$147,553,496$35,023$0$71,507,529
93$162,316,722$0$0$78,568,506
94$178,576,748$0$0$86,435,675
95$196,485,965$0$0$95,114,688
96$216,212,295$0$0$104,674,632
97$237,940,780$0$0$115,205,225
98$261,875,328$0$0$126,805,332
99$288,240,635$0$0$139,583,900
100$317,284,305$0$0$153,660,980