Can I retire at age 43 with 1,950,000?

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 $1,950,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$161,029$159,595$158,195$156,829$155,496$152,543
2 years$79,717$78,233$76,794$75,399$74,046$71,083
3 years$52,617$51,126$49,691$48,309$46,978$44,096
4 years$39,070$37,583$36,162$34,804$33,505$30,728
5 years$30,943$29,466$28,063$26,733$25,470$22,805
6 years$25,527$24,061$22,679$21,378$20,153$17,603
7 years$21,660$20,206$18,847$17,576$16,390$13,955
8 years$18,761$17,320$15,983$14,744$13,597$11,277
9 years$16,508$15,081$13,767$12,559$11,451$9,244
10 years$14,706$13,293$12,002$10,826$9,757$7,661
11 years$13,233$11,834$10,566$9,422$8,391$6,405
12 years$12,006$10,621$9,377$8,264$7,271$5,391
13 years$10,969$9,599$8,378$7,296$6,341$4,564
14 years$10,081$8,725$7,528$6,477$5,558$3,881
15 years$9,312$7,970$6,797$5,776$4,894$3,313
16 years$8,639$7,313$6,162$5,172$4,325$2,837
17 years$8,047$6,735$5,607$4,647$3,835$2,436
18 years$7,520$6,223$5,119$4,188$3,410$2,096
19 years$7,050$5,768$4,686$3,784$3,039$1,808
20 years$6,627$5,359$4,300$3,427$2,715$1,561
21 years$6,245$4,992$3,956$3,110$2,430$1,350
22 years$5,899$4,660$3,646$2,828$2,178$1,169
23 years$5,583$4,358$3,366$2,575$1,955$1,014
24 years$5,293$4,084$3,113$2,349$1,757$879
25 years$5,027$3,832$2,883$2,145$1,581$763
26 years$4,782$3,602$2,674$1,961$1,424$663
27 years$4,556$3,390$2,483$1,795$1,284$577
28 years$4,346$3,194$2,308$1,645$1,159$501
29 years$4,151$3,013$2,148$1,508$1,046$436
30 years$3,969$2,846$2,001$1,384$945$380
31 years$3,800$2,690$1,865$1,271$855$331
32 years$3,641$2,545$1,741$1,169$773$288
33 years$3,492$2,410$1,625$1,075$700$251
34 years$3,352$2,285$1,518$989$633$219
35 years$3,221$2,167$1,420$910$574$191
36 years$3,097$2,057$1,328$838$520$166
37 years$2,980$1,953$1,243$772$471$145
38 years$2,870$1,856$1,164$712$427$126
39 years$2,765$1,765$1,091$656$387$110
40 years$2,666$1,679$1,022$605$351$96
41 years$2,572$1,599$958$559$319$84
42 years$2,483$1,523$899$515$289$73
43 years$2,398$1,451$844$476$262$64
44 years$2,317$1,383$792$439$238$56
45 years$2,240$1,319$744$406$216$48
46 years$2,166$1,258$698$375$196$42
47 years$2,096$1,200$656$346$178$37
48 years$2,029$1,146$617$320$162$32
49 years$1,965$1,094$580$296$147$28
50 years$1,904$1,045$545$273$134$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,950,000, adding $5,144 every year, while hoping to spend $43,726 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: 67/26/7 Blend
42$1,950,000$1,950,000$1,950,000$1,950,000
43$2,154,206$2,050,856$2,020,631$2,295,627
44$2,327,411$2,104,824$2,041,798$2,444,085
45$2,516,817$2,159,971$2,062,209$2,600,571
46$2,724,031$2,216,308$2,081,791$2,770,474
47$2,950,822$2,273,846$2,100,471$2,955,097
48$3,199,137$2,332,596$2,118,168$3,155,875
49$3,471,121$2,392,565$2,134,798$3,374,390
50$3,769,135$2,453,761$2,150,274$3,612,379
51$4,095,783$2,516,191$2,164,504$3,871,759
52$4,453,927$2,579,859$2,177,389$4,154,640
53$4,846,724$2,644,768$2,188,828$4,463,346
54$5,277,648$2,710,921$2,198,713$4,800,434
55$5,750,529$2,778,316$2,206,930$5,168,723
56$6,269,582$2,846,953$2,213,362$5,571,318
57$6,839,453$2,916,826$2,217,882$6,011,638
58$7,465,256$2,987,931$2,220,361$6,493,449
59$8,152,630$3,060,257$2,220,660$7,020,901
60$8,907,782$3,133,793$2,218,636$7,598,565
61$9,737,552$3,208,525$2,214,137$8,231,475
62$10,649,476$3,284,437$2,207,004$8,925,180
63$11,651,855$3,361,507$2,197,071$9,685,792
64$12,753,835$3,439,711$2,184,164$10,520,044
65$13,965,492$3,519,023$2,168,099$11,435,355
66$15,297,927$3,599,409$2,148,685$12,439,900
67$16,763,371$3,680,836$2,125,721$13,542,684
68$18,375,299$3,763,261$2,098,998$14,753,633
69$20,148,559$3,846,641$2,068,294$16,083,678
70$22,099,510$3,930,924$2,033,379$17,544,870
71$24,246,175$4,016,054$1,994,012$19,150,483
72$26,608,414$4,101,970$1,949,941$20,915,146
73$29,208,109$4,188,603$1,900,901$22,854,976
74$32,069,371$4,275,879$1,846,615$24,987,737
75$35,218,765$4,363,716$1,786,796$27,333,000
76$38,685,565$4,452,024$1,721,139$29,912,332
77$42,502,024$4,540,705$1,649,329$32,749,498
78$46,703,684$4,629,653$1,571,035$35,870,687
79$51,329,707$4,718,753$1,485,912$39,304,759
80$56,423,245$4,807,879$1,393,597$43,083,513
81$62,031,848$4,896,897$1,293,715$47,241,995
82$68,207,911$4,985,660$1,185,869$51,818,822
83$75,009,170$5,074,010$1,069,648$56,856,550
84$82,499,246$5,161,777$944,622$62,402,075
85$90,748,242$5,248,777$810,339$68,507,075
86$99,833,409$5,334,813$666,332$75,228,501
87$109,839,872$5,419,674$512,109$82,629,110
88$120,861,433$5,503,132$347,159$90,778,062
89$133,001,457$5,584,943$170,946$99,751,571
90$146,373,846$5,664,846$0$109,633,624
91$161,104,115$5,742,561$0$120,518,053
92$177,330,577$5,817,788$0$132,519,286
93$195,205,643$5,890,207$0$145,736,985
94$214,897,267$5,959,476$0$160,295,066
95$236,590,528$6,025,229$0$176,330,078
96$260,489,374$6,087,078$0$193,992,500
97$286,818,550$6,144,605$0$213,448,155
98$315,825,720$6,197,368$0$234,879,783
99$347,783,798$6,244,894$0$258,488,760
100$382,993,532$6,286,680$0$284,497,001