Can I retire at age 43 with 1,610,000?

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 $1,610,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$132,952$131,768$130,613$129,485$128,384$127,789
2 years$65,818$64,592$63,404$62,252$61,135$60,535
3 years$43,443$42,212$41,027$39,886$38,787$38,199
4 years$32,257$31,030$29,857$28,735$27,663$27,093
5 years$25,548$24,328$23,170$22,072$21,029$20,478
6 years$21,076$19,866$18,725$17,651$16,639$16,109
7 years$17,884$16,683$15,561$14,512$13,532$13,022
8 years$15,490$14,300$13,197$12,173$11,226$10,736
9 years$13,630$12,451$11,366$10,369$9,454$8,984
10 years$12,142$10,975$9,909$8,938$8,055$7,605
11 years$10,926$9,770$8,724$7,779$6,928$6,497
12 years$9,913$8,769$7,742$6,823$6,004$5,592
13 years$9,056$7,925$6,917$6,024$5,235$4,843
14 years$8,323$7,204$6,215$5,347$4,589$4,215
15 years$7,688$6,581$5,611$4,769$4,041$3,685
16 years$7,133$6,038$5,088$4,270$3,571$3,233
17 years$6,644$5,560$4,630$3,837$3,166$2,845
18 years$6,209$5,138$4,226$3,458$2,815$2,510
19 years$5,821$4,762$3,869$3,124$2,509$2,220
20 years$5,472$4,425$3,551$2,830$2,242$1,968
21 years$5,157$4,122$3,266$2,568$2,006$1,747
22 years$4,870$3,847$3,010$2,335$1,798$1,553
23 years$4,609$3,598$2,779$2,126$1,614$1,383
24 years$4,370$3,372$2,570$1,939$1,451$1,233
25 years$4,151$3,164$2,381$1,771$1,305$1,100
26 years$3,949$2,974$2,208$1,619$1,176$983
27 years$3,762$2,799$2,050$1,482$1,060$878
28 years$3,588$2,637$1,906$1,358$957$786
29 years$3,427$2,488$1,774$1,245$864$703
30 years$3,277$2,349$1,652$1,143$780$630
31 years$3,137$2,221$1,540$1,050$706$564
32 years$3,006$2,102$1,437$965$638$506
33 years$2,883$1,990$1,342$887$578$454
34 years$2,768$1,886$1,254$816$523$407
35 years$2,659$1,789$1,172$751$474$365
36 years$2,557$1,698$1,096$692$429$328
37 years$2,461$1,613$1,026$638$389$295
38 years$2,369$1,533$961$588$353$265
39 years$2,283$1,457$900$542$320$238
40 years$2,201$1,387$844$500$290$214
41 years$2,123$1,320$791$461$263$192
42 years$2,050$1,257$742$426$239$173
43 years$1,980$1,198$697$393$217$155
44 years$1,913$1,142$654$363$197$140
45 years$1,849$1,089$614$335$179$125
46 years$1,789$1,039$577$309$162$113
47 years$1,731$991$542$286$147$101
48 years$1,675$946$509$264$134$91
49 years$1,623$904$479$244$121$82
50 years$1,572$863$450$226$110$74

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,610,000, adding $6,210 every year, while hoping to spend $47,559 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: 80/10/10 Blend
42$1,610,000$1,610,000$1,610,000$1,610,000
43$1,780,626$1,695,296$1,670,341$1,919,690
44$1,911,647$1,727,763$1,675,695$2,044,280
45$2,054,439$1,760,227$1,679,634$2,174,121
46$2,210,151$1,792,637$1,682,061$2,315,195
47$2,380,050$1,824,940$1,682,874$2,468,603
48$2,565,529$1,857,076$1,681,964$2,635,556
49$2,768,122$1,888,982$1,679,219$2,817,387
50$2,989,519$1,920,591$1,674,521$3,015,568
51$3,231,578$1,951,828$1,667,746$3,231,717
52$3,496,347$1,982,615$1,658,763$3,467,616
53$3,786,079$2,012,868$1,647,437$3,725,230
54$4,103,257$2,042,496$1,633,624$4,006,724
55$4,450,613$2,071,403$1,617,174$4,314,481
56$4,831,158$2,099,484$1,597,932$4,651,127
57$5,248,205$2,126,628$1,575,732$5,019,557
58$5,705,406$2,152,716$1,550,403$5,422,959
59$6,206,781$2,177,623$1,521,764$5,864,845
60$6,756,758$2,201,211$1,489,629$6,349,086
61$7,360,214$2,223,338$1,453,798$6,879,946
62$8,022,522$2,243,848$1,414,067$7,462,125
63$8,749,600$2,262,577$1,370,219$8,100,800
64$9,547,967$2,279,351$1,322,028$8,801,677
65$10,424,803$2,293,982$1,269,260$9,571,043
66$11,388,018$2,306,273$1,211,666$10,415,826
67$12,446,329$2,316,013$1,148,989$11,343,660
68$13,609,334$2,322,978$1,080,960$12,362,957
69$14,887,610$2,326,928$1,007,297$13,482,988
70$16,292,810$2,327,610$927,704$14,713,969
71$17,837,769$2,324,756$841,875$16,067,156
72$19,536,632$2,318,080$749,488$17,554,956
73$21,404,981$2,307,278$650,208$19,191,040
74$23,459,982$2,292,028$543,684$20,990,472
75$25,720,553$2,271,989$429,549$22,969,856
76$28,207,532$2,246,800$307,422$25,147,488
77$30,943,883$2,216,076$176,904$27,543,529
78$33,954,906$2,179,410$37,577$30,180,200
79$37,268,478$2,136,373$0$33,081,987
80$40,915,315$2,086,507$0$36,287,730
81$44,929,260$2,029,330$0$39,820,361
82$49,347,607$1,964,329$0$43,708,689
83$54,211,445$1,890,963$0$47,988,882
84$59,566,052$1,808,660$0$52,700,798
85$65,461,317$1,716,812$0$57,888,355
86$71,952,215$1,614,779$0$63,599,950
87$79,099,320$1,501,883$0$69,888,916
88$86,969,381$1,377,405$0$76,814,022
89$95,635,950$1,240,590$0$84,440,033
90$105,180,072$1,090,634$0$92,838,314
91$115,691,057$926,693$0$102,087,511
92$127,267,314$747,870$0$112,274,289
93$140,017,287$553,222$0$123,494,151
94$154,060,471$341,751$0$135,852,340
95$169,528,544$112,402$0$149,464,833
96$186,566,609$0$0$164,459,436
97$205,334,560$0$0$180,991,946
98$226,008,595$0$0$199,217,198
99$248,782,873$0$0$219,293,995
100$273,871,351$0$0$241,410,958