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

Use the below retirement simulation to view the chances of a successful retirement.
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%17%
1 years$164,332$162,869$161,440$160,046$158,685$154,162
2 years$81,353$79,838$78,369$76,945$75,564$71,042
3 years$53,696$52,175$50,710$49,300$47,941$43,562
4 years$39,871$38,354$36,904$35,518$34,192$29,990
5 years$31,578$30,070$28,639$27,281$25,992$21,978
6 years$26,051$24,554$23,145$21,817$20,567$16,744
7 years$22,105$20,621$19,233$17,937$16,726$13,096
8 years$19,146$17,676$16,311$15,047$13,876$10,435
9 years$16,847$15,390$14,049$12,816$11,686$8,431
10 years$15,008$13,565$12,248$11,048$9,957$6,884
11 years$13,504$12,077$10,783$9,615$8,563$5,668
12 years$12,253$10,839$9,570$8,434$7,421$4,697
13 years$11,194$9,796$8,550$7,446$6,471$3,912
14 years$10,288$8,904$7,682$6,609$5,672$3,273
15 years$9,503$8,134$6,936$5,894$4,994$2,747
16 years$8,816$7,463$6,288$5,278$4,414$2,313
17 years$8,212$6,873$5,722$4,742$3,914$1,952
18 years$7,675$6,351$5,224$4,274$3,480$1,650
19 years$7,195$5,886$4,782$3,862$3,102$1,398
20 years$6,763$5,469$4,389$3,497$2,771$1,186
21 years$6,374$5,095$4,037$3,174$2,479$1,007
22 years$6,020$4,756$3,720$2,886$2,222$856
23 years$5,697$4,448$3,435$2,628$1,995$728
24 years$5,402$4,167$3,177$2,397$1,793$620
25 years$5,131$3,911$2,943$2,189$1,614$528
26 years$4,881$3,676$2,729$2,002$1,453$450
27 years$4,649$3,459$2,534$1,832$1,310$383
28 years$4,435$3,259$2,356$1,679$1,182$327
29 years$4,236$3,075$2,192$1,539$1,068$279
30 years$4,051$2,904$2,042$1,413$965$238
31 years$3,878$2,745$1,904$1,298$872$203
32 years$3,716$2,598$1,776$1,192$789$174
33 years$3,564$2,460$1,658$1,097$714$148
34 years$3,421$2,331$1,550$1,009$646$127
35 years$3,287$2,211$1,449$929$586$108
36 years$3,161$2,099$1,355$855$530$92
37 years$3,041$1,993$1,269$788$481$79
38 years$2,928$1,894$1,188$726$436$67
39 years$2,822$1,801$1,113$670$395$58
40 years$2,721$1,714$1,043$618$359$49
41 years$2,625$1,632$978$570$325$42
42 years$2,534$1,554$918$526$295$36
43 years$2,447$1,480$861$486$268$31
44 years$2,364$1,411$808$448$243$26
45 years$2,286$1,346$759$414$221$22
46 years$2,211$1,284$713$382$200$19
47 years$2,139$1,225$670$353$182$16
48 years$2,071$1,170$629$327$165$14
49 years$2,006$1,117$591$302$150$12
50 years$1,943$1,067$556$279$136$10

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 $3,228 every year, while hoping to spend $25,456 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: 36/36/28 Blend
42$1,990,000$1,990,000$1,990,000$1,990,000
43$2,196,310$2,090,840$2,059,995$2,256,814
44$2,393,248$2,166,206$2,101,920$2,377,475
45$2,609,421$2,244,412$2,144,396$2,505,115
46$2,846,764$2,325,570$2,187,415$2,642,427
47$3,107,408$2,409,797$2,230,967$2,790,299
48$3,393,701$2,497,214$2,275,042$2,949,703
49$3,708,231$2,587,950$2,319,628$3,121,712
50$4,053,846$2,682,135$2,364,711$3,307,503
51$4,433,686$2,779,907$2,410,276$3,508,367
52$4,851,210$2,881,410$2,456,309$3,725,727
53$5,310,227$2,986,794$2,502,789$3,961,146
54$5,814,937$3,096,213$2,549,699$4,216,342
55$6,369,964$3,209,831$2,597,017$4,493,205
56$6,980,403$3,327,815$2,644,720$4,793,815
57$7,651,869$3,450,343$2,692,783$5,120,459
58$8,390,548$3,577,598$2,741,180$5,475,650
59$9,203,255$3,709,772$2,789,881$5,862,158
60$10,097,500$3,847,063$2,838,854$6,283,029
61$11,081,556$3,989,681$2,888,067$6,741,612
62$12,164,541$4,137,841$2,937,483$7,241,597
63$13,356,499$4,291,770$2,987,064$7,787,043
64$14,668,498$4,451,704$3,036,767$8,382,418
65$16,112,736$4,617,888$3,086,549$9,032,640
66$17,702,649$4,790,578$3,136,363$9,743,125
67$19,453,045$4,970,042$3,186,157$10,519,832
68$21,380,240$5,156,559$3,235,878$11,369,324
69$23,502,214$5,350,419$3,285,469$12,298,828
70$25,838,776$5,551,926$3,334,868$13,316,299
71$28,411,756$5,761,396$3,384,012$14,430,499
72$31,245,210$5,979,159$3,432,831$15,651,076
73$34,365,642$6,205,559$3,481,252$16,988,653
74$37,802,262$6,440,955$3,529,197$18,454,932
75$41,587,253$6,685,723$3,576,586$20,062,799
76$45,756,082$6,940,252$3,623,331$21,826,447
77$50,347,830$7,204,952$3,669,340$23,761,507
78$55,405,562$7,480,248$3,714,516$25,885,197
79$60,976,733$7,766,584$3,758,756$28,216,483
80$67,113,638$8,064,425$3,801,953$30,776,254
81$73,873,901$8,374,254$3,843,990$33,587,520
82$81,321,023$8,696,577$3,884,749$36,675,630
83$89,524,980$9,031,921$3,924,100$40,068,507
84$98,562,880$9,380,837$3,961,909$43,796,911
85$108,519,696$9,743,900$3,998,035$47,894,729
86$119,489,064$10,121,711$4,032,329$52,399,291
87$131,574,169$10,514,895$4,064,633$57,351,724
88$144,888,718$10,924,108$4,094,781$62,797,338
89$159,558,011$11,350,033$4,122,600$68,786,049
90$175,720,127$11,793,384$4,147,906$75,372,853
91$193,527,225$12,254,905$4,170,506$82,618,341
92$213,146,983$12,735,376$4,190,199$90,589,268
93$234,764,175$13,235,610$4,206,770$99,359,185
94$258,582,421$13,756,455$4,219,997$109,009,128
95$284,826,106$14,298,798$4,229,645$119,628,381
96$313,742,497$14,863,568$4,235,466$131,315,321
97$345,604,080$15,451,731$4,237,203$144,178,337
98$380,711,130$16,064,300$4,234,583$158,336,860
99$419,394,545$16,702,330$4,227,321$173,922,479
100$462,018,971$17,366,927$4,215,119$191,080,188