Can I retire at age 43 with 1,980,000?

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 $1,980,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$163,507$162,050$160,629$159,242$157,888$154,259
2 years$80,944$79,436$77,975$76,559$75,185$71,549
3 years$53,427$51,913$50,455$49,052$47,700$44,171
4 years$39,671$38,161$36,718$35,339$34,020$30,624
5 years$31,419$29,919$28,495$27,144$25,862$22,609
6 years$25,920$24,431$23,028$21,707$20,463$17,357
7 years$21,994$20,517$19,137$17,847$16,642$13,683
8 years$19,050$17,587$16,229$14,971$13,806$10,993
9 years$16,762$15,313$13,978$12,752$11,627$8,957
10 years$14,932$13,497$12,187$10,992$9,907$7,378
11 years$13,437$12,016$10,729$9,567$8,520$6,129
12 years$12,191$10,785$9,522$8,391$7,383$5,126
13 years$11,138$9,746$8,507$7,408$6,438$4,310
14 years$10,236$8,859$7,644$6,576$5,644$3,640
15 years$9,455$8,093$6,901$5,865$4,969$3,086
16 years$8,772$7,425$6,257$5,251$4,392$2,624
17 years$8,170$6,838$5,693$4,718$3,894$2,237
18 years$7,636$6,319$5,197$4,252$3,463$1,911
19 years$7,159$5,856$4,758$3,842$3,086$1,636
20 years$6,729$5,442$4,367$3,480$2,757$1,402
21 years$6,342$5,069$4,016$3,158$2,467$1,204
22 years$5,989$4,732$3,702$2,871$2,211$1,034
23 years$5,668$4,425$3,418$2,615$1,985$889
24 years$5,375$4,146$3,161$2,385$1,784$766
25 years$5,105$3,891$2,928$2,178$1,605$659
26 years$4,856$3,657$2,715$1,992$1,446$568
27 years$4,626$3,442$2,521$1,823$1,304$490
28 years$4,413$3,243$2,344$1,670$1,176$423
29 years$4,215$3,059$2,181$1,532$1,062$365
30 years$4,030$2,889$2,032$1,406$960$315
31 years$3,858$2,731$1,894$1,291$868$272
32 years$3,697$2,584$1,767$1,186$785$235
33 years$3,546$2,448$1,650$1,091$710$203
34 years$3,404$2,320$1,542$1,004$643$175
35 years$3,270$2,200$1,441$924$583$152
36 years$3,145$2,088$1,348$851$528$131
37 years$3,026$1,983$1,262$784$478$113
38 years$2,914$1,885$1,182$723$434$98
39 years$2,808$1,792$1,107$666$393$85
40 years$2,707$1,705$1,038$615$357$73
41 years$2,612$1,623$973$567$324$63
42 years$2,521$1,546$913$523$294$55
43 years$2,435$1,473$857$483$267$47
44 years$2,353$1,404$804$446$242$41
45 years$2,274$1,339$755$412$220$35
46 years$2,200$1,277$709$381$199$31
47 years$2,129$1,219$666$352$181$26
48 years$2,060$1,164$626$325$164$23
49 years$1,995$1,111$588$300$149$20
50 years$1,933$1,061$553$278$136$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,980,000, adding $4,231 every year, while hoping to spend $38,251 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: 42/41/17 Blend
42$1,980,000$1,980,000$1,980,000$1,980,000
43$2,186,324$2,081,384$2,050,694$2,267,098
44$2,368,631$2,142,673$2,078,694$2,385,848
45$2,568,250$2,205,684$2,106,349$2,510,287
46$2,786,908$2,270,459$2,133,609$2,644,230
47$3,026,506$2,337,044$2,160,417$2,788,567
48$3,289,135$2,405,485$2,186,717$2,944,276
49$3,577,101$2,475,828$2,212,447$3,112,432
50$3,892,943$2,548,121$2,237,541$3,294,220
51$4,239,457$2,622,412$2,261,932$3,490,944
52$4,619,721$2,698,751$2,285,547$3,704,036
53$5,037,130$2,777,187$2,308,310$3,935,076
54$5,495,420$2,857,771$2,330,141$4,185,802
55$5,998,707$2,940,557$2,350,955$4,458,125
56$6,551,526$3,025,595$2,370,663$4,754,152
57$7,158,873$3,112,940$2,389,171$5,076,203
58$7,826,251$3,202,647$2,406,381$5,426,829
59$8,559,721$3,294,770$2,422,188$5,808,843
60$9,365,965$3,389,365$2,436,483$6,225,341
61$10,252,340$3,486,490$2,449,151$6,679,733
62$11,226,952$3,586,202$2,460,072$7,175,776
63$12,298,735$3,688,560$2,469,118$7,717,606
64$13,477,529$3,793,622$2,476,156$8,309,780
65$14,774,176$3,901,448$2,481,046$8,957,318
66$16,200,621$4,012,099$2,483,641$9,665,748
67$17,770,028$4,125,636$2,483,787$10,441,163
68$19,496,898$4,242,119$2,481,321$11,290,272
69$21,397,211$4,361,611$2,476,073$12,220,469
70$23,488,571$4,484,175$2,467,867$13,239,896
71$25,790,379$4,609,873$2,456,514$14,357,529
72$28,324,009$4,738,769$2,441,819$15,583,252
73$31,113,014$4,870,925$2,423,576$16,927,959
74$34,183,347$5,006,405$2,401,571$18,403,651
75$37,563,603$5,145,274$2,375,578$20,023,550
76$41,285,291$5,287,593$2,345,361$21,802,228
77$45,383,134$5,433,428$2,310,674$23,755,739
78$49,895,389$5,582,841$2,271,256$25,901,771
79$54,864,214$5,735,896$2,226,839$28,259,818
80$60,336,063$5,892,654$2,177,137$30,851,357
81$66,362,125$6,053,178$2,121,855$33,700,055
82$72,998,807$6,217,529$2,060,682$36,831,992
83$80,308,264$6,385,766$1,993,294$40,275,905
84$88,358,988$6,557,951$1,919,351$44,063,460
85$97,226,454$6,734,139$1,838,498$48,229,554
86$106,993,830$6,914,389$1,750,365$52,812,639
87$117,752,761$7,098,755$1,654,563$57,855,088
88$129,604,238$7,287,289$1,550,686$63,403,596
89$142,659,548$7,480,044$1,438,312$69,509,618
90$157,041,323$7,677,068$1,316,997$76,229,858
91$172,884,700$7,878,406$1,186,278$83,626,800
92$190,338,595$8,084,103$1,045,673$91,769,303
93$209,567,105$8,294,198$894,678$100,733,247
94$230,751,064$8,508,728$732,763$110,602,253
95$254,089,743$8,727,725$559,381$121,468,467
96$279,802,731$8,951,219$373,955$133,433,439
97$308,132,014$9,179,233$175,886$146,609,072
98$339,344,249$9,411,785$0$161,118,686
99$373,733,290$9,648,890$0$177,104,615
100$411,622,955$9,890,554$0$194,744,650