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%11.3%
1 years$165,158$163,687$162,252$160,851$159,483$158,611
2 years$81,761$80,239$78,763$77,332$75,944$75,064
3 years$53,966$52,437$50,965$49,547$48,182$47,321
4 years$40,071$38,547$37,089$35,696$34,364$33,529
5 years$31,737$30,221$28,783$27,418$26,123$25,317
6 years$26,182$24,678$23,261$21,926$20,670$19,893
7 years$22,216$20,724$19,330$18,027$16,810$16,064
8 years$19,243$17,765$16,393$15,122$13,946$13,229
9 years$16,931$15,467$14,120$12,881$11,744$11,057
10 years$15,083$13,634$12,310$11,103$10,007$9,349
11 years$13,572$12,137$10,837$9,663$8,606$7,977
12 years$12,314$10,894$9,618$8,476$7,458$6,858
13 years$11,250$9,845$8,593$7,483$6,503$5,931
14 years$10,339$8,949$7,721$6,643$5,701$5,156
15 years$9,550$8,175$6,971$5,924$5,020$4,501
16 years$8,861$7,500$6,320$5,304$4,436$3,943
17 years$8,253$6,907$5,751$4,766$3,934$3,465
18 years$7,713$6,383$5,250$4,295$3,497$3,054
19 years$7,231$5,915$4,806$3,881$3,117$2,697
20 years$6,797$5,497$4,411$3,515$2,785$2,387
21 years$6,406$5,120$4,057$3,190$2,492$2,116
22 years$6,050$4,779$3,739$2,900$2,234$1,878
23 years$5,726$4,470$3,452$2,642$2,005$1,670
24 years$5,429$4,188$3,193$2,409$1,802$1,486
25 years$5,156$3,930$2,957$2,200$1,622$1,324
26 years$4,905$3,694$2,743$2,012$1,461$1,181
27 years$4,673$3,476$2,547$1,841$1,317$1,054
28 years$4,458$3,276$2,368$1,687$1,188$941
29 years$4,258$3,090$2,203$1,547$1,073$841
30 years$4,071$2,919$2,052$1,420$970$752
31 years$3,897$2,759$1,913$1,304$877$673
32 years$3,734$2,611$1,785$1,198$793$602
33 years$3,582$2,472$1,667$1,102$718$539
34 years$3,438$2,343$1,557$1,014$650$483
35 years$3,304$2,222$1,456$933$588$433
36 years$3,176$2,109$1,362$860$533$388
37 years$3,057$2,003$1,275$792$483$348
38 years$2,943$1,904$1,194$730$438$312
39 years$2,836$1,811$1,119$673$397$280
40 years$2,734$1,723$1,048$621$360$251
41 years$2,638$1,640$983$573$327$225
42 years$2,546$1,562$922$529$297$202
43 years$2,459$1,488$865$488$269$181
44 years$2,376$1,418$812$451$244$163
45 years$2,297$1,352$763$416$222$146
46 years$2,222$1,290$716$384$201$131
47 years$2,150$1,231$673$355$183$118
48 years$2,081$1,175$632$328$166$106
49 years$2,016$1,122$594$303$151$95
50 years$1,953$1,072$559$280$137$85

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 $2,791 every year, while hoping to spend $59,183 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: 56/32/12 Blend
42$2,000,000$2,000,000$2,000,000$2,000,000
43$2,206,879$2,100,879$2,069,879$2,323,617
44$2,369,010$2,140,852$2,076,250$2,442,939
45$2,545,696$2,180,800$2,080,850$2,566,107
46$2,738,357$2,220,659$2,083,559$2,698,875
47$2,948,559$2,260,361$2,084,248$2,842,170
48$3,178,024$2,299,831$2,082,783$2,997,013
49$3,428,650$2,338,990$2,079,023$3,164,530
50$3,702,523$2,377,751$2,072,821$3,345,963
51$4,001,942$2,416,023$2,064,022$3,542,679
52$4,329,437$2,453,705$2,052,464$3,756,188
53$4,687,795$2,490,692$2,037,976$3,988,152
54$5,080,082$2,526,868$2,020,381$4,240,404
55$5,509,679$2,562,113$1,999,492$4,514,964
56$5,980,304$2,596,294$1,975,113$4,814,061
57$6,496,055$2,629,272$1,947,039$5,140,151
58$7,061,444$2,660,898$1,915,056$5,495,941
59$7,681,440$2,691,011$1,878,940$5,884,418
60$8,361,518$2,719,442$1,838,455$6,308,873
61$9,107,706$2,746,007$1,793,356$6,772,935
62$9,926,644$2,770,514$1,743,386$7,280,605
63$10,825,647$2,792,754$1,688,275$7,836,295
64$11,812,773$2,812,509$1,627,742$8,444,869
65$12,896,897$2,829,544$1,561,493$9,111,689
66$14,087,798$2,843,609$1,489,220$9,842,668
67$15,396,246$2,854,438$1,410,602$10,644,324
68$16,834,108$2,861,750$1,325,302$11,523,844
69$18,414,456$2,865,245$1,232,968$12,489,151
70$20,151,693$2,864,604$1,133,235$13,548,981
71$22,061,685$2,859,490$1,025,718$14,712,966
72$24,161,914$2,849,542$910,016$15,991,722
73$26,471,639$2,834,379$785,712$17,396,957
74$29,012,080$2,813,598$652,367$18,941,575
75$31,806,617$2,786,768$509,526$20,639,805
76$34,881,008$2,753,437$356,712$22,507,331
77$38,263,636$2,713,120$193,427$24,561,446
78$41,985,773$2,665,309$19,152$26,821,212
79$46,081,873$2,609,460$0$29,307,644
80$50,589,903$2,545,002$0$32,065,269
81$55,551,693$2,471,328$0$35,102,273
82$61,013,337$2,387,794$0$38,444,427
83$67,025,623$2,293,722$0$42,122,846
84$73,644,513$2,188,391$0$46,171,825
85$80,931,672$2,071,041$0$50,629,160
86$88,955,047$1,940,866$0$55,536,514
87$97,789,509$1,797,016$0$60,939,805
88$107,517,559$1,638,589$0$66,889,644
89$118,230,106$1,464,636$0$73,441,812
90$130,027,324$1,274,150$0$80,657,791
91$143,019,597$1,066,070$0$88,605,344
92$157,328,561$839,273$0$97,359,158
93$173,088,250$592,572$0$107,001,550
94$190,446,360$324,717$0$117,623,246
95$209,565,646$34,385$0$129,324,239
96$230,625,452$0$0$142,214,739
97$253,823,408$0$0$156,514,744
98$279,377,291$0$0$172,280,626
99$307,527,083$0$0$189,648,372
100$338,537,233$0$0$208,781,175