Can I retire at age 43 with 1,930,000?

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 $1,930,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$159,378$157,958$156,573$155,221$153,901$148,855
2 years$78,900$77,430$76,006$74,625$73,286$68,251
3 years$52,077$50,602$49,181$47,813$46,496$41,629
4 years$38,669$37,198$35,791$34,447$33,161$28,500
5 years$30,626$29,163$27,775$26,458$25,209$20,766
6 years$25,265$23,814$22,447$21,159$19,947$15,726
7 years$21,438$19,999$18,653$17,396$16,222$12,222
8 years$18,569$17,143$15,819$14,593$13,458$9,676
9 years$16,339$14,926$13,625$12,430$11,333$7,766
10 years$14,555$13,156$11,879$10,715$9,657$6,297
11 years$13,097$11,712$10,458$9,325$8,305$5,148
12 years$11,883$10,512$9,281$8,179$7,197$4,235
13 years$10,857$9,500$8,292$7,221$6,276$3,502
14 years$9,977$8,635$7,451$6,410$5,501$2,907
15 years$9,216$7,889$6,727$5,717$4,844$2,421
16 years$8,551$7,238$6,099$5,119$4,281$2,022
17 years$7,964$6,666$5,550$4,599$3,796$1,693
18 years$7,443$6,159$5,066$4,145$3,375$1,420
19 years$6,978$5,708$4,638$3,745$3,008$1,193
20 years$6,559$5,305$4,256$3,392$2,687$1,003
21 years$6,181$4,941$3,915$3,078$2,405$844
22 years$5,838$4,612$3,608$2,799$2,155$712
23 years$5,525$4,314$3,332$2,549$1,935$600
24 years$5,239$4,042$3,081$2,325$1,739$506
25 years$4,976$3,793$2,854$2,123$1,565$428
26 years$4,733$3,565$2,647$1,941$1,410$361
27 years$4,509$3,355$2,458$1,777$1,271$305
28 years$4,302$3,161$2,285$1,628$1,147$258
29 years$4,108$2,982$2,126$1,493$1,035$218
30 years$3,929$2,816$1,980$1,370$936$184
31 years$3,761$2,662$1,846$1,258$846$156
32 years$3,604$2,519$1,723$1,157$765$132
33 years$3,456$2,386$1,608$1,064$692$112
34 years$3,318$2,261$1,503$979$627$95
35 years$3,188$2,145$1,405$901$568$80
36 years$3,065$2,036$1,314$830$515$68
37 years$2,950$1,933$1,230$764$466$57
38 years$2,840$1,837$1,152$705$423$48
39 years$2,737$1,747$1,079$650$383$41
40 years$2,639$1,662$1,012$599$348$35
41 years$2,546$1,582$949$553$315$29
42 years$2,457$1,507$890$510$286$25
43 years$2,373$1,436$835$471$260$21
44 years$2,293$1,369$784$435$236$18
45 years$2,217$1,305$736$402$214$15
46 years$2,144$1,245$691$371$194$13
47 years$2,075$1,188$649$343$176$11
48 years$2,008$1,134$610$317$160$9
49 years$1,945$1,083$574$293$146$8
50 years$1,884$1,035$539$271$132$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,930,000, adding $3,857 every year, while hoping to spend $28,092 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: 33/39/28 Blend
42$1,930,000$1,930,000$1,930,000$1,930,000
43$2,130,838$2,028,548$1,998,633$2,182,917
44$2,318,294$2,098,058$2,035,698$2,292,355
45$2,523,929$2,170,031$2,073,063$2,407,453
46$2,749,568$2,244,560$2,110,708$2,530,953
47$2,997,219$2,321,740$2,148,613$2,663,620
48$3,269,098$2,401,668$2,186,754$2,806,292
49$3,567,643$2,484,446$2,225,106$2,959,891
50$3,895,540$2,570,181$2,263,645$3,125,430
51$4,255,748$2,658,983$2,302,340$3,304,021
52$4,651,527$2,750,966$2,341,162$3,496,888
53$5,086,470$2,846,250$2,380,077$3,705,377
54$5,564,532$2,944,959$2,419,052$3,930,968
55$6,090,072$3,047,220$2,458,048$4,175,286
56$6,667,893$3,153,167$2,497,026$4,440,123
57$7,303,286$3,262,940$2,535,944$4,727,446
58$8,002,079$3,376,683$2,574,757$5,039,422
59$8,770,697$3,494,545$2,613,417$5,378,434
60$9,616,214$3,616,684$2,651,872$5,747,104
61$10,546,427$3,743,261$2,690,069$6,148,319
62$11,569,927$3,874,445$2,727,951$6,585,255
63$12,696,178$4,010,412$2,765,456$7,061,408
64$13,935,610$4,151,344$2,802,521$7,580,628
65$15,299,713$4,297,430$2,839,076$8,147,150
66$16,801,149$4,448,869$2,875,050$8,765,640
67$18,453,869$4,605,866$2,910,366$9,441,233
68$20,273,244$4,768,635$2,944,945$10,179,583
69$22,276,214$4,937,397$2,978,699$10,986,916
70$24,481,442$5,112,384$3,011,540$11,870,089
71$26,909,495$5,293,836$3,043,373$12,836,651
72$29,583,034$5,482,005$3,074,096$13,894,918
73$32,527,031$5,677,150$3,103,605$15,054,046
74$35,769,000$5,879,543$3,131,788$16,324,121
75$39,339,263$6,089,465$3,158,528$17,716,251
76$43,271,231$6,307,212$3,183,702$19,242,670
77$47,601,719$6,533,088$3,207,178$20,916,855
78$52,371,297$6,767,411$3,228,821$22,753,650
79$57,624,669$7,010,514$3,248,486$24,769,406
80$63,411,097$7,262,741$3,266,023$26,982,135
81$69,784,865$7,524,452$3,281,271$29,411,679
82$76,805,792$7,796,021$3,294,064$32,079,897
83$84,539,793$8,077,836$3,304,226$35,010,868
84$93,059,507$8,370,305$3,311,572$38,231,121
85$102,444,976$8,673,850$3,315,909$41,769,882
86$112,784,405$8,988,910$3,317,033$45,659,347
87$124,174,992$9,315,944$3,314,732$49,934,990
88$136,723,846$9,655,430$3,308,780$54,635,893
89$150,548,998$10,007,866$3,298,944$59,805,116
90$165,780,514$10,373,770$3,284,977$65,490,098
91$182,561,724$10,753,681$3,266,621$71,743,110
92$201,050,572$11,148,164$3,243,605$78,621,743
93$221,421,111$11,557,804$3,215,646$86,189,449
94$243,865,141$11,983,214$3,182,447$94,516,144
95$268,594,023$12,425,029$3,143,696$103,678,863
96$295,840,672$12,883,914$3,099,069$113,762,484
97$325,861,756$13,360,561$3,048,223$124,860,533
98$358,940,119$13,855,692$2,990,802$137,076,059
99$395,387,449$14,370,059$2,926,432$150,522,613
100$435,547,223$14,904,447$2,854,723$165,325,311