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%19.8%
1 years$161,029$159,595$158,195$156,829$155,496$149,385
2 years$79,717$78,233$76,794$75,399$74,046$67,964
3 years$52,617$51,126$49,691$48,309$46,978$41,117
4 years$39,070$37,583$36,162$34,804$33,505$27,909
5 years$30,943$29,466$28,063$26,733$25,470$20,153
6 years$25,527$24,061$22,679$21,378$20,153$15,120
7 years$21,660$20,206$18,847$17,576$16,390$11,638
8 years$18,761$17,320$15,983$14,744$13,597$9,121
9 years$16,508$15,081$13,767$12,559$11,451$7,244
10 years$14,706$13,293$12,002$10,826$9,757$5,812
11 years$13,233$11,834$10,566$9,422$8,391$4,699
12 years$12,006$10,621$9,377$8,264$7,271$3,822
13 years$10,969$9,599$8,378$7,296$6,341$3,123
14 years$10,081$8,725$7,528$6,477$5,558$2,562
15 years$9,312$7,970$6,797$5,776$4,894$2,109
16 years$8,639$7,313$6,162$5,172$4,325$1,740
17 years$8,047$6,735$5,607$4,647$3,835$1,438
18 years$7,520$6,223$5,119$4,188$3,410$1,191
19 years$7,050$5,768$4,686$3,784$3,039$988
20 years$6,627$5,359$4,300$3,427$2,715$820
21 years$6,245$4,992$3,956$3,110$2,430$681
22 years$5,899$4,660$3,646$2,828$2,178$566
23 years$5,583$4,358$3,366$2,575$1,955$471
24 years$5,293$4,084$3,113$2,349$1,757$392
25 years$5,027$3,832$2,883$2,145$1,581$327
26 years$4,782$3,602$2,674$1,961$1,424$272
27 years$4,556$3,390$2,483$1,795$1,284$227
28 years$4,346$3,194$2,308$1,645$1,159$189
29 years$4,151$3,013$2,148$1,508$1,046$158
30 years$3,969$2,846$2,001$1,384$945$132
31 years$3,800$2,690$1,865$1,271$855$110
32 years$3,641$2,545$1,741$1,169$773$92
33 years$3,492$2,410$1,625$1,075$700$76
34 years$3,352$2,285$1,518$989$633$64
35 years$3,221$2,167$1,420$910$574$53
36 years$3,097$2,057$1,328$838$520$44
37 years$2,980$1,953$1,243$772$471$37
38 years$2,870$1,856$1,164$712$427$31
39 years$2,765$1,765$1,091$656$387$26
40 years$2,666$1,679$1,022$605$351$22
41 years$2,572$1,599$958$559$319$18
42 years$2,483$1,523$899$515$289$15
43 years$2,398$1,451$844$476$262$13
44 years$2,317$1,383$792$439$238$10
45 years$2,240$1,319$744$406$216$9
46 years$2,166$1,258$698$375$196$7
47 years$2,096$1,200$656$346$178$6
48 years$2,029$1,146$617$320$162$5
49 years$1,965$1,094$580$296$147$4
50 years$1,904$1,045$545$273$134$4

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 $6,226 every year, while hoping to spend $35,519 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: 40/41/19 Blend
42$1,950,000$1,950,000$1,950,000$1,950,000
43$2,155,322$2,051,972$2,021,747$2,229,167
44$2,337,373$2,114,727$2,051,684$2,345,257
45$2,536,803$2,179,366$2,081,433$2,466,888
46$2,755,346$2,245,945$2,110,950$2,597,736
47$2,994,915$2,314,519$2,140,190$2,738,658
48$3,257,612$2,385,147$2,169,103$2,890,597
49$3,545,758$2,457,888$2,197,637$3,054,590
50$3,861,904$2,532,803$2,225,737$3,231,779
51$4,208,863$2,609,955$2,253,343$3,423,418
52$4,589,732$2,689,409$2,280,396$3,630,889
53$5,007,925$2,771,230$2,306,829$3,855,712
54$5,467,200$2,855,486$2,332,575$4,099,560
55$5,971,697$2,942,248$2,357,559$4,364,273
56$6,525,979$3,031,587$2,381,705$4,651,878
57$7,135,070$3,123,576$2,404,934$4,964,606
58$7,804,507$3,218,291$2,427,159$5,304,914
59$8,540,388$3,315,809$2,448,291$5,675,505
60$9,349,434$3,416,210$2,468,235$6,079,358
61$10,239,048$3,519,576$2,486,892$6,519,751
62$11,217,385$3,625,989$2,504,157$7,000,296
63$12,293,432$3,735,536$2,519,920$7,524,967
64$13,477,090$3,848,305$2,534,065$8,098,147
65$14,779,267$3,964,386$2,546,470$8,724,656
66$16,211,983$4,083,872$2,557,008$9,409,810
67$17,788,481$4,206,858$2,565,543$10,159,460
68$19,523,352$4,333,440$2,571,935$10,980,051
69$21,432,674$4,463,719$2,576,035$11,878,686
70$23,534,163$4,597,796$2,577,688$12,863,186
71$25,847,336$4,735,777$2,576,730$13,942,168
72$28,393,703$4,877,769$2,572,989$15,125,126
73$31,196,963$5,023,882$2,566,286$16,422,519
74$34,283,229$5,174,228$2,556,432$17,845,869
75$37,681,275$5,328,922$2,543,230$19,407,871
76$41,422,809$5,488,083$2,526,471$21,122,511
77$45,542,767$5,651,831$2,505,940$23,005,200
78$50,079,649$5,820,290$2,481,408$25,072,915
79$55,075,875$5,993,586$2,452,637$27,344,365
80$60,578,191$6,171,849$2,419,378$29,840,161
81$66,638,108$6,355,211$2,381,369$32,583,015
82$73,312,386$6,543,807$2,338,336$35,597,953
83$80,663,572$6,737,776$2,289,992$38,912,547
84$88,760,589$6,937,259$2,236,039$42,557,181
85$97,679,385$7,142,401$2,176,163$46,565,335
86$107,503,653$7,353,349$2,110,035$50,973,900
87$118,325,617$7,570,255$2,037,312$55,823,524
88$130,246,903$7,793,271$1,957,636$61,159,003
89$143,379,501$8,022,555$1,870,630$67,029,693
90$157,846,818$8,258,268$1,775,904$73,489,987
91$173,784,843$8,500,573$1,673,047$80,599,817
92$191,343,433$8,749,636$1,561,629$88,425,229
93$210,687,724$9,005,629$1,441,204$97,038,999
94$231,999,691$9,268,724$1,311,304$106,521,327
95$255,479,866$9,539,098$1,171,439$116,960,586
96$281,349,229$9,816,931$1,021,100$128,454,163
97$309,851,296$10,102,406$859,752$141,109,372
98$341,254,413$10,395,709$686,838$155,044,473
99$375,854,294$10,697,030$501,779$170,389,784
100$413,976,809$11,006,561$303,965$187,288,912