Can I retire at age 43 with 1,990,000?

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 $1,990,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$164,332$162,869$161,440$160,046$158,685$157,094
2 years$81,353$79,838$78,369$76,945$75,564$73,961
3 years$53,696$52,175$50,710$49,300$47,941$46,376
4 years$39,871$38,354$36,904$35,518$34,192$32,677
5 years$31,578$30,070$28,639$27,281$25,992$24,532
6 years$26,051$24,554$23,145$21,817$20,567$19,163
7 years$22,105$20,621$19,233$17,937$16,726$15,380
8 years$19,146$17,676$16,311$15,047$13,876$12,587
9 years$16,847$15,390$14,049$12,816$11,686$10,453
10 years$15,008$13,565$12,248$11,048$9,957$8,780
11 years$13,504$12,077$10,783$9,615$8,563$7,442
12 years$12,253$10,839$9,570$8,434$7,421$6,353
13 years$11,194$9,796$8,550$7,446$6,471$5,456
14 years$10,288$8,904$7,682$6,609$5,672$4,708
15 years$9,503$8,134$6,936$5,894$4,994$4,080
16 years$8,816$7,463$6,288$5,278$4,414$3,548
17 years$8,212$6,873$5,722$4,742$3,914$3,094
18 years$7,675$6,351$5,224$4,274$3,480$2,706
19 years$7,195$5,886$4,782$3,862$3,102$2,371
20 years$6,763$5,469$4,389$3,497$2,771$2,081
21 years$6,374$5,095$4,037$3,174$2,479$1,830
22 years$6,020$4,756$3,720$2,886$2,222$1,612
23 years$5,697$4,448$3,435$2,628$1,995$1,421
24 years$5,402$4,167$3,177$2,397$1,793$1,254
25 years$5,131$3,911$2,943$2,189$1,614$1,108
26 years$4,881$3,676$2,729$2,002$1,453$979
27 years$4,649$3,459$2,534$1,832$1,310$867
28 years$4,435$3,259$2,356$1,679$1,182$767
29 years$4,236$3,075$2,192$1,539$1,068$680
30 years$4,051$2,904$2,042$1,413$965$602
31 years$3,878$2,745$1,904$1,298$872$534
32 years$3,716$2,598$1,776$1,192$789$474
33 years$3,564$2,460$1,658$1,097$714$420
34 years$3,421$2,331$1,550$1,009$646$373
35 years$3,287$2,211$1,449$929$586$331
36 years$3,161$2,099$1,355$855$530$294
37 years$3,041$1,993$1,269$788$481$261
38 years$2,928$1,894$1,188$726$436$232
39 years$2,822$1,801$1,113$670$395$206
40 years$2,721$1,714$1,043$618$359$183
41 years$2,625$1,632$978$570$325$163
42 years$2,534$1,554$918$526$295$145
43 years$2,447$1,480$861$486$268$129
44 years$2,364$1,411$808$448$243$114
45 years$2,286$1,346$759$414$221$102
46 years$2,211$1,284$713$382$200$90
47 years$2,139$1,225$670$353$182$80
48 years$2,071$1,170$629$327$165$72
49 years$2,006$1,117$591$302$150$64
50 years$1,943$1,067$556$279$136$57

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,990,000, adding $5,125 every year, while hoping to spend $51,741 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: 60/23/17 Blend
42$1,990,000$1,990,000$1,990,000$1,990,000
43$2,198,266$2,092,796$2,061,951$2,320,284
44$2,367,438$2,140,291$2,075,975$2,450,779
45$2,552,130$2,188,380$2,088,734$2,586,878
46$2,753,872$2,237,035$2,100,131$2,734,151
47$2,974,347$2,286,230$2,110,066$2,893,688
48$3,215,408$2,335,932$2,118,430$3,066,687
49$3,479,093$2,386,106$2,125,111$3,254,468
50$3,767,649$2,436,714$2,129,990$3,458,487
51$4,083,548$2,487,713$2,132,945$3,680,347
52$4,429,516$2,539,056$2,133,844$3,921,814
53$4,808,549$2,590,692$2,132,550$4,184,836
54$5,223,951$2,642,566$2,128,921$4,471,557
55$5,679,359$2,694,617$2,122,805$4,784,341
56$6,178,780$2,746,780$2,114,045$5,125,795
57$6,726,626$2,798,982$2,102,476$5,498,790
58$7,327,757$2,851,147$2,087,924$5,906,490
59$7,987,526$2,903,191$2,070,207$6,352,382
60$8,711,830$2,955,024$2,049,136$6,840,312
61$9,507,165$3,006,549$2,024,510$7,374,514
62$10,380,686$3,057,660$1,996,121$7,959,660
63$11,340,276$3,108,245$1,963,751$8,600,895
64$12,394,617$3,158,182$1,927,170$9,303,891
65$13,553,277$3,207,342$1,886,139$10,074,901
66$14,826,794$3,255,584$1,840,407$10,920,815
67$16,226,779$3,302,760$1,789,713$11,849,228
68$17,766,023$3,348,708$1,733,781$12,868,513
69$19,458,620$3,393,257$1,672,325$13,987,894
70$21,320,097$3,436,224$1,605,045$15,217,542
71$23,367,560$3,477,412$1,531,628$16,568,667
72$25,619,857$3,516,612$1,451,744$18,053,622
73$28,097,757$3,553,600$1,365,051$19,686,024
74$30,824,139$3,588,138$1,271,192$21,480,884
75$33,824,216$3,619,971$1,169,791$23,454,743
76$37,125,765$3,648,828$1,060,458$25,625,835
77$40,759,393$3,674,421$942,783$28,014,255
78$44,758,825$3,696,442$816,341$30,642,155
79$49,161,222$3,714,564$680,685$33,533,947
80$54,007,529$3,728,440$535,350$36,716,540
81$59,342,863$3,737,699$379,850$40,219,590
82$65,216,937$3,741,949$213,678$44,075,785
83$71,684,532$3,740,772$36,303$48,321,151
84$78,806,009$3,733,724$0$52,995,396
85$86,647,881$3,720,336$0$58,170,035
86$95,283,438$3,700,106$0$63,874,382
87$104,793,443$3,672,505$0$70,155,116
88$115,266,888$3,636,972$0$77,070,942
89$126,801,837$3,592,910$0$84,686,557
90$139,506,349$3,539,686$0$93,073,257
91$153,499,498$3,476,633$0$102,309,610
92$168,912,500$3,403,041$0$112,482,204
93$185,889,943$3,318,158$0$123,686,460
94$204,591,159$3,221,189$0$136,027,536
95$225,191,722$3,111,293$0$149,621,316
96$247,885,110$2,987,579$0$164,595,513
97$272,884,524$2,849,103$0$181,090,867
98$300,424,905$2,694,868$0$199,262,480
99$330,765,148$2,523,820$0$219,281,277
100$364,190,549$2,334,843$0$241,335,627