Can I retire at age 43 with 2,000,000?

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 $2,000,000?

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$165,158$163,687$162,252$160,851$159,483$155,817
2 years$81,761$80,239$78,763$77,332$75,944$72,271
3 years$53,966$52,437$50,965$49,547$48,182$44,617
4 years$40,071$38,547$37,089$35,696$34,364$30,934
5 years$31,737$30,221$28,783$27,418$26,123$22,837
6 years$26,182$24,678$23,261$21,926$20,670$17,533
7 years$22,216$20,724$19,330$18,027$16,810$13,821
8 years$19,243$17,765$16,393$15,122$13,946$11,104
9 years$16,931$15,467$14,120$12,881$11,744$9,048
10 years$15,083$13,634$12,310$11,103$10,007$7,453
11 years$13,572$12,137$10,837$9,663$8,606$6,191
12 years$12,314$10,894$9,618$8,476$7,458$5,177
13 years$11,250$9,845$8,593$7,483$6,503$4,354
14 years$10,339$8,949$7,721$6,643$5,701$3,677
15 years$9,550$8,175$6,971$5,924$5,020$3,117
16 years$8,861$7,500$6,320$5,304$4,436$2,651
17 years$8,253$6,907$5,751$4,766$3,934$2,260
18 years$7,713$6,383$5,250$4,295$3,497$1,931
19 years$7,231$5,915$4,806$3,881$3,117$1,652
20 years$6,797$5,497$4,411$3,515$2,785$1,416
21 years$6,406$5,120$4,057$3,190$2,492$1,216
22 years$6,050$4,779$3,739$2,900$2,234$1,045
23 years$5,726$4,470$3,452$2,642$2,005$898
24 years$5,429$4,188$3,193$2,409$1,802$773
25 years$5,156$3,930$2,957$2,200$1,622$666
26 years$4,905$3,694$2,743$2,012$1,461$574
27 years$4,673$3,476$2,547$1,841$1,317$495
28 years$4,458$3,276$2,368$1,687$1,188$427
29 years$4,258$3,090$2,203$1,547$1,073$369
30 years$4,071$2,919$2,052$1,420$970$318
31 years$3,897$2,759$1,913$1,304$877$275
32 years$3,734$2,611$1,785$1,198$793$237
33 years$3,582$2,472$1,667$1,102$718$205
34 years$3,438$2,343$1,557$1,014$650$177
35 years$3,304$2,222$1,456$933$588$153
36 years$3,176$2,109$1,362$860$533$132
37 years$3,057$2,003$1,275$792$483$114
38 years$2,943$1,904$1,194$730$438$99
39 years$2,836$1,811$1,119$673$397$85
40 years$2,734$1,723$1,048$621$360$74
41 years$2,638$1,640$983$573$327$64
42 years$2,546$1,562$922$529$297$55
43 years$2,459$1,488$865$488$269$48
44 years$2,376$1,418$812$451$244$41
45 years$2,297$1,352$763$416$222$36
46 years$2,222$1,290$716$384$201$31
47 years$2,150$1,231$673$355$183$27
48 years$2,081$1,175$632$328$166$23
49 years$2,016$1,122$594$303$151$20
50 years$1,953$1,072$559$280$137$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $2,000,000, adding $6,875 every year, while hoping to spend $26,097 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: 74/15/11 Blend
42$2,000,000$2,000,000$2,000,000$2,000,000
43$2,211,092$2,105,092$2,074,092$2,369,517
44$2,408,856$2,180,474$2,115,807$2,550,409
45$2,625,918$2,258,676$2,158,044$2,744,601
46$2,864,217$2,339,807$2,200,795$2,956,634
47$3,125,893$2,423,983$2,244,047$3,188,268
48$3,413,300$2,511,324$2,287,788$3,441,441
49$3,729,031$2,601,954$2,332,005$3,718,287
50$4,075,947$2,696,003$2,376,681$4,021,156
51$4,457,194$2,793,608$2,421,800$4,352,634
52$4,876,241$2,894,909$2,467,344$4,715,570
53$5,336,910$3,000,052$2,513,293$5,113,101
54$5,843,412$3,109,191$2,559,624$5,548,683
55$6,400,383$3,222,485$2,606,316$6,026,121
56$7,012,936$3,340,100$2,653,341$6,549,604
57$7,686,700$3,462,209$2,700,672$7,123,750
58$8,427,879$3,588,993$2,748,280$7,753,641
59$9,243,308$3,720,639$2,796,133$8,444,879
60$10,140,517$3,857,343$2,844,195$9,203,630
61$11,127,806$3,999,308$2,892,432$10,036,690
62$12,214,316$4,146,748$2,940,802$10,951,545
63$13,410,122$4,299,884$2,989,264$11,956,438
64$14,726,323$4,458,947$3,037,773$13,060,453
65$16,175,150$4,624,178$3,086,281$14,273,597
66$17,770,080$4,795,827$3,134,736$15,606,893
67$19,525,962$4,974,157$3,183,084$17,072,486
68$21,459,159$5,159,440$3,231,266$18,683,756
69$23,587,701$5,351,961$3,279,222$20,455,444
70$25,931,456$5,552,015$3,326,885$22,403,791
71$28,512,314$5,759,914$3,374,185$24,546,688
72$31,354,399$5,975,979$3,421,049$26,903,852
73$34,484,292$6,200,546$3,467,399$29,497,003
74$37,931,285$6,433,968$3,513,151$32,350,073
75$41,727,653$6,676,609$3,558,219$35,489,430
76$45,908,962$6,928,852$3,602,508$38,944,128
77$50,514,406$7,191,095$3,645,922$42,746,178
78$55,587,171$7,463,754$3,688,356$46,930,854
79$61,174,847$7,747,263$3,729,700$51,537,020
80$67,329,877$8,042,074$3,769,840$56,607,499
81$74,110,048$8,348,659$3,808,654$62,189,478
82$81,579,041$8,667,512$3,846,012$68,334,949
83$89,807,029$8,999,146$3,881,779$75,101,204
84$98,871,340$9,344,098$3,915,813$82,551,369
85$108,857,186$9,702,928$3,947,962$90,755,006
86$119,858,470$10,076,222$3,978,069$99,788,763
87$131,978,666$10,464,590$4,005,967$109,737,100
88$145,331,804$10,868,668$4,031,481$120,693,086
89$160,043,538$11,289,123$4,054,425$132,759,274
90$176,252,337$11,726,649$4,074,607$146,048,670
91$194,110,791$12,181,970$4,091,822$160,685,800
92$213,787,050$12,655,845$4,105,856$176,807,880
93$235,466,412$13,149,064$4,116,485$194,566,118
94$259,353,070$13,662,453$4,123,472$214,127,132
95$285,672,044$14,196,874$4,126,569$235,674,529
96$314,671,300$14,753,227$4,125,516$259,410,632
97$346,624,092$15,332,455$4,120,040$285,558,394
98$381,831,543$15,935,539$4,109,855$314,363,494
99$420,625,485$16,563,505$4,094,660$346,096,665
100$463,371,594$17,217,426$4,074,140$381,056,240