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

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 $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%14%
1 years$165,158$163,687$162,252$160,851$159,483$156,841
2 years$81,761$80,239$78,763$77,332$75,944$73,290
3 years$53,966$52,437$50,965$49,547$48,182$45,599
4 years$40,071$38,547$37,089$35,696$34,364$31,871
5 years$31,737$30,221$28,783$27,418$26,123$23,727
6 years$26,182$24,678$23,261$21,926$20,670$18,375
7 years$22,216$20,724$19,330$18,027$16,810$14,616
8 years$19,243$17,765$16,393$15,122$13,946$11,852
9 years$16,931$15,467$14,120$12,881$11,744$9,751
10 years$15,083$13,634$12,310$11,103$10,007$8,111
11 years$13,572$12,137$10,837$9,663$8,606$6,806
12 years$12,314$10,894$9,618$8,476$7,458$5,751
13 years$11,250$9,845$8,593$7,483$6,503$4,888
14 years$10,339$8,949$7,721$6,643$5,701$4,173
15 years$9,550$8,175$6,971$5,924$5,020$3,577
16 years$8,861$7,500$6,320$5,304$4,436$3,076
17 years$8,253$6,907$5,751$4,766$3,934$2,653
18 years$7,713$6,383$5,250$4,295$3,497$2,293
19 years$7,231$5,915$4,806$3,881$3,117$1,986
20 years$6,797$5,497$4,411$3,515$2,785$1,723
21 years$6,406$5,120$4,057$3,190$2,492$1,497
22 years$6,050$4,779$3,739$2,900$2,234$1,302
23 years$5,726$4,470$3,452$2,642$2,005$1,134
24 years$5,429$4,188$3,193$2,409$1,802$989
25 years$5,156$3,930$2,957$2,200$1,622$862
26 years$4,905$3,694$2,743$2,012$1,461$753
27 years$4,673$3,476$2,547$1,841$1,317$658
28 years$4,458$3,276$2,368$1,687$1,188$575
29 years$4,258$3,090$2,203$1,547$1,073$503
30 years$4,071$2,919$2,052$1,420$970$440
31 years$3,897$2,759$1,913$1,304$877$385
32 years$3,734$2,611$1,785$1,198$793$337
33 years$3,582$2,472$1,667$1,102$718$295
34 years$3,438$2,343$1,557$1,014$650$258
35 years$3,304$2,222$1,456$933$588$226
36 years$3,176$2,109$1,362$860$533$198
37 years$3,057$2,003$1,275$792$483$174
38 years$2,943$1,904$1,194$730$438$152
39 years$2,836$1,811$1,119$673$397$133
40 years$2,734$1,723$1,048$621$360$117
41 years$2,638$1,640$983$573$327$102
42 years$2,546$1,562$922$529$297$90
43 years$2,459$1,488$865$488$269$79
44 years$2,376$1,418$812$451$244$69
45 years$2,297$1,352$763$416$222$61
46 years$2,222$1,290$716$384$201$53
47 years$2,150$1,231$673$355$183$47
48 years$2,081$1,175$632$328$166$41
49 years$2,016$1,122$594$303$151$36
50 years$1,953$1,072$559$280$137$31

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 $6,590 every year, while hoping to spend $33,938 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: 49/22/29 Blend
42$2,000,000$2,000,000$2,000,000$2,000,000
43$2,210,798$2,104,798$2,073,798$2,300,601
44$2,400,189$2,171,823$2,107,160$2,431,360
45$2,607,761$2,240,995$2,140,503$2,569,481
46$2,835,332$2,312,383$2,173,789$2,718,899
47$3,084,906$2,386,059$2,206,980$2,880,700
48$3,358,687$2,462,097$2,240,035$3,056,079
49$3,659,106$2,540,573$2,272,909$3,246,354
50$3,988,840$2,621,566$2,305,557$3,452,974
51$4,350,836$2,705,158$2,337,928$3,677,535
52$4,748,343$2,791,432$2,369,970$3,921,794
53$5,184,938$2,880,476$2,401,628$4,187,687
54$5,664,562$2,972,379$2,432,842$4,477,345
55$6,191,556$3,067,235$2,463,551$4,793,116
56$6,770,704$3,165,138$2,493,690$5,137,584
57$7,407,274$3,266,189$2,523,187$5,513,597
58$8,107,073$3,370,489$2,551,970$5,924,291
59$8,876,495$3,478,143$2,579,962$6,373,121
60$9,722,587$3,589,262$2,607,080$6,863,893
61$10,653,112$3,703,957$2,633,238$7,400,799
62$11,676,623$3,822,345$2,658,346$7,988,457
63$12,802,545$3,944,546$2,682,306$8,631,955
64$14,041,260$4,070,684$2,705,019$9,336,899
65$15,404,209$4,200,888$2,726,378$10,109,463
66$16,903,998$4,335,291$2,746,271$10,956,452
67$18,554,514$4,474,029$2,764,579$11,885,362
68$20,371,062$4,617,243$2,781,180$12,904,452
69$22,370,503$4,765,081$2,795,942$14,022,821
70$24,571,417$4,917,693$2,808,730$15,250,497
71$26,994,277$5,075,235$2,819,397$16,598,528
72$29,661,641$5,237,869$2,827,795$18,079,085
73$32,598,365$5,405,762$2,833,763$19,705,584
74$35,831,839$5,579,085$2,837,135$21,492,802
75$39,392,244$5,758,017$2,837,736$23,457,027
76$43,312,834$5,942,742$2,835,381$25,616,202
77$47,630,257$6,133,449$2,829,880$27,990,103
78$52,384,891$6,330,336$2,821,029$30,600,518
79$57,621,232$6,533,605$2,808,616$33,471,458
80$63,388,313$6,743,467$2,792,419$36,629,381
81$69,740,161$6,960,137$2,772,206$40,103,442
82$76,736,315$7,183,842$2,747,733$43,925,769
83$84,442,381$7,414,811$2,718,743$48,131,765
84$92,930,652$7,653,285$2,684,969$52,760,443
85$102,280,794$7,899,512$2,646,131$57,854,794
86$112,580,594$8,153,747$2,601,935$63,462,192
87$123,926,789$8,416,255$2,552,075$69,634,843
88$136,425,979$8,687,309$2,496,227$76,430,275
89$150,195,635$8,967,193$2,434,057$83,911,886
90$165,365,203$9,256,199$2,365,211$92,149,536
91$182,077,330$9,554,629$2,289,322$101,220,210
92$200,489,207$9,862,796$2,206,004$111,208,747
93$220,774,056$10,181,022$2,114,854$122,208,636
94$243,122,760$10,509,642$2,015,452$134,322,903
95$267,745,669$10,849,002$1,907,357$147,665,079
96$294,874,583$11,199,459$1,790,109$162,360,277
97$324,764,940$11,561,382$1,663,228$178,546,371
98$357,698,228$11,935,154$1,526,210$196,375,295
99$393,984,640$12,321,169$1,378,530$216,014,482
100$433,966,003$12,719,836$1,219,641$237,648,443