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%13.5%
1 years$161,029$159,595$158,195$156,829$155,496$153,235
2 years$79,717$78,233$76,794$75,399$74,046$71,773
3 years$52,617$51,126$49,691$48,309$46,978$44,763
4 years$39,070$37,583$36,162$34,804$33,505$31,366
5 years$30,943$29,466$28,063$26,733$25,470$23,413
6 years$25,527$24,061$22,679$21,378$20,153$18,181
7 years$21,660$20,206$18,847$17,576$16,390$14,502
8 years$18,761$17,320$15,983$14,744$13,597$11,794
9 years$16,508$15,081$13,767$12,559$11,451$9,731
10 years$14,706$13,293$12,002$10,826$9,757$8,119
11 years$13,233$11,834$10,566$9,422$8,391$6,835
12 years$12,006$10,621$9,377$8,264$7,271$5,794
13 years$10,969$9,599$8,378$7,296$6,341$4,940
14 years$10,081$8,725$7,528$6,477$5,558$4,232
15 years$9,312$7,970$6,797$5,776$4,894$3,640
16 years$8,639$7,313$6,162$5,172$4,325$3,142
17 years$8,047$6,735$5,607$4,647$3,835$2,719
18 years$7,520$6,223$5,119$4,188$3,410$2,359
19 years$7,050$5,768$4,686$3,784$3,039$2,050
20 years$6,627$5,359$4,300$3,427$2,715$1,785
21 years$6,245$4,992$3,956$3,110$2,430$1,557
22 years$5,899$4,660$3,646$2,828$2,178$1,360
23 years$5,583$4,358$3,366$2,575$1,955$1,189
24 years$5,293$4,084$3,113$2,349$1,757$1,040
25 years$5,027$3,832$2,883$2,145$1,581$911
26 years$4,782$3,602$2,674$1,961$1,424$798
27 years$4,556$3,390$2,483$1,795$1,284$700
28 years$4,346$3,194$2,308$1,645$1,159$614
29 years$4,151$3,013$2,148$1,508$1,046$540
30 years$3,969$2,846$2,001$1,384$945$474
31 years$3,800$2,690$1,865$1,271$855$416
32 years$3,641$2,545$1,741$1,169$773$366
33 years$3,492$2,410$1,625$1,075$700$322
34 years$3,352$2,285$1,518$989$633$283
35 years$3,221$2,167$1,420$910$574$249
36 years$3,097$2,057$1,328$838$520$219
37 years$2,980$1,953$1,243$772$471$193
38 years$2,870$1,856$1,164$712$427$170
39 years$2,765$1,765$1,091$656$387$149
40 years$2,666$1,679$1,022$605$351$131
41 years$2,572$1,599$958$559$319$116
42 years$2,483$1,523$899$515$289$102
43 years$2,398$1,451$844$476$262$90
44 years$2,317$1,383$792$439$238$79
45 years$2,240$1,319$744$406$216$70
46 years$2,166$1,258$698$375$196$61
47 years$2,096$1,200$656$346$178$54
48 years$2,029$1,146$617$320$162$48
49 years$1,965$1,094$580$296$147$42
50 years$1,904$1,045$545$273$134$37

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 $3,691 every year, while hoping to spend $42,093 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: 65/16/19 Blend
42$1,950,000$1,950,000$1,950,000$1,950,000
43$2,152,707$2,049,357$2,019,132$2,282,129
44$2,327,497$2,104,989$2,041,987$2,425,068
45$2,518,704$2,161,936$2,064,196$2,576,062
46$2,727,959$2,220,218$2,085,694$2,740,072
47$2,957,057$2,279,855$2,106,411$2,918,374
48$3,207,975$2,340,866$2,126,273$3,112,371
49$3,482,890$2,403,270$2,145,204$3,323,612
50$3,784,198$2,467,083$2,163,122$3,553,801
51$4,114,540$2,532,325$2,179,941$3,804,814
52$4,476,824$2,599,010$2,195,570$4,078,721
53$4,874,254$2,667,154$2,209,915$4,377,800
54$5,310,356$2,736,773$2,222,875$4,704,559
55$5,789,017$2,807,880$2,234,346$5,061,766
56$6,314,516$2,880,486$2,244,217$5,452,466
57$6,891,570$2,954,603$2,252,371$5,880,015
58$7,525,372$3,030,240$2,258,688$6,348,113
59$8,221,644$3,107,406$2,263,038$6,860,834
60$8,986,690$3,186,106$2,265,287$7,422,667
61$9,827,452$3,266,346$2,265,295$8,038,561
62$10,751,582$3,348,127$2,262,912$8,713,966
63$11,767,509$3,431,450$2,257,984$9,454,890
64$12,884,516$3,516,313$2,250,348$10,267,951
65$14,112,835$3,602,710$2,239,833$11,160,443
66$15,463,736$3,690,635$2,226,260$12,140,403
67$16,949,638$3,780,077$2,209,441$13,216,689
68$18,584,224$3,871,023$2,189,179$14,399,060
69$20,382,567$3,963,456$2,165,269$15,698,271
70$22,361,278$4,057,354$2,137,494$17,126,174
71$24,538,657$4,152,694$2,105,630$18,695,830
72$26,934,870$4,249,446$2,069,438$20,421,632
73$29,572,135$4,347,576$2,028,672$22,319,441
74$32,474,933$4,447,048$1,983,073$24,406,735
75$35,670,239$4,547,816$1,932,369$26,702,777
76$39,187,776$4,649,832$1,876,276$29,228,794
77$43,060,296$4,753,041$1,814,498$32,008,178
78$47,323,887$4,857,381$1,746,725$35,066,709
79$52,018,315$4,962,784$1,672,632$38,432,795
80$57,187,398$5,069,175$1,591,879$42,137,745
81$62,879,418$5,176,470$1,504,113$46,216,060
82$69,147,580$5,284,578$1,408,962$50,705,762
83$76,050,509$5,393,399$1,306,039$55,648,754
84$83,652,809$5,502,823$1,194,939$61,091,212
85$92,025,666$5,612,731$1,075,239$67,084,023
86$101,247,522$5,722,993$946,498$73,683,270
87$111,404,817$5,833,468$808,254$80,950,755
88$122,592,804$5,944,003$660,025$88,954,586
89$134,916,442$6,054,432$501,309$97,769,821
90$148,491,396$6,164,576$331,579$107,479,176
91$163,445,120$6,274,242$150,289$118,173,809
92$179,918,063$6,383,220$0$129,954,175
93$198,064,994$6,491,287$0$142,939,735
94$218,056,465$6,598,201$0$157,276,823
95$240,080,413$6,703,702$0$173,069,514
96$264,343,944$6,807,512$0$190,466,109
97$291,075,277$6,909,331$0$209,630,033
98$320,525,907$7,008,839$0$230,741,374
99$352,972,970$7,105,693$0$253,998,589
100$388,721,867$7,199,526$0$279,620,373