Can I retire at age 43 with 1,620,000?

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 $1,620,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$133,778$132,586$131,424$130,289$129,181$127,832
2 years$66,227$64,993$63,798$62,639$61,515$60,156
3 years$43,713$42,474$41,282$40,133$39,028$37,702
4 years$32,458$31,223$30,042$28,914$27,835$26,552
5 years$25,707$24,479$23,314$22,209$21,160$19,923
6 years$21,207$19,989$18,841$17,760$16,743$15,555
7 years$17,995$16,787$15,657$14,602$13,616$12,477
8 years$15,586$14,389$13,279$12,249$11,296$10,205
9 years$13,714$12,528$11,437$10,434$9,513$8,470
10 years$12,217$11,043$9,971$8,994$8,106$7,110
11 years$10,994$9,831$8,778$7,827$6,971$6,022
12 years$9,974$8,824$7,790$6,866$6,041$5,138
13 years$9,113$7,974$6,960$6,061$5,268$4,410
14 years$8,375$7,248$6,254$5,381$4,618$3,803
15 years$7,736$6,622$5,646$4,798$4,066$3,293
16 years$7,177$6,075$5,119$4,297$3,593$2,862
17 years$6,685$5,595$4,658$3,860$3,186$2,494
18 years$6,248$5,170$4,252$3,479$2,833$2,179
19 years$5,857$4,791$3,893$3,144$2,525$1,908
20 years$5,506$4,452$3,573$2,847$2,255$1,674
21 years$5,189$4,147$3,286$2,584$2,018$1,471
22 years$4,900$3,871$3,029$2,349$1,809$1,294
23 years$4,638$3,621$2,797$2,140$1,624$1,140
24 years$4,397$3,392$2,586$1,951$1,460$1,006
25 years$4,177$3,184$2,395$1,782$1,314$888
26 years$3,973$2,992$2,222$1,630$1,183$784
27 years$3,785$2,816$2,063$1,492$1,067$693
28 years$3,611$2,653$1,918$1,367$963$613
29 years$3,449$2,503$1,785$1,253$869$543
30 years$3,298$2,364$1,662$1,150$785$481
31 years$3,157$2,235$1,550$1,056$710$426
32 years$3,025$2,115$1,446$971$642$377
33 years$2,901$2,003$1,350$893$581$335
34 years$2,785$1,898$1,261$821$526$297
35 years$2,676$1,800$1,179$756$477$263
36 years$2,573$1,709$1,103$696$432$234
37 years$2,476$1,623$1,033$642$391$207
38 years$2,384$1,542$967$591$355$184
39 years$2,297$1,467$906$545$322$163
40 years$2,215$1,395$849$503$292$145
41 years$2,137$1,328$796$464$265$129
42 years$2,062$1,265$747$428$240$114
43 years$1,992$1,205$701$395$218$102
44 years$1,925$1,149$658$365$198$90
45 years$1,861$1,095$618$337$180$80
46 years$1,800$1,045$580$311$163$71
47 years$1,742$997$545$288$148$63
48 years$1,686$952$512$266$135$56
49 years$1,633$909$481$246$122$50
50 years$1,582$868$453$227$111$44

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,620,000, adding $5,765 every year, while hoping to spend $26,661 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: 53/37/10 Blend
42$1,620,000$1,620,000$1,620,000$1,620,000
43$1,791,187$1,705,327$1,680,217$1,881,250
44$1,945,521$1,760,521$1,708,137$1,998,290
45$2,114,703$1,817,525$1,736,099$2,122,186
46$2,300,220$1,876,402$1,764,076$2,256,352
47$2,503,710$1,937,212$1,792,039$2,401,766
48$2,726,974$2,000,022$1,819,959$2,559,504
49$2,972,000$2,064,898$1,847,802$2,730,748
50$3,240,975$2,131,909$1,875,534$2,916,799
51$3,536,310$2,201,127$1,903,119$3,119,090
52$3,860,658$2,272,627$1,930,519$3,339,196
53$4,216,944$2,346,485$1,957,690$3,578,850
54$4,608,391$2,422,781$1,984,591$3,839,960
55$5,038,546$2,501,597$2,011,175$4,124,627
56$5,511,321$2,583,018$2,037,392$4,435,162
57$6,031,022$2,667,132$2,063,191$4,774,111
58$6,602,395$2,754,031$2,088,517$5,144,273
59$7,230,669$2,843,808$2,113,312$5,548,735
60$7,921,605$2,936,561$2,137,514$5,990,892
61$8,681,547$3,032,392$2,161,060$6,474,483
62$9,517,490$3,131,404$2,183,881$7,003,626
63$10,437,138$3,233,707$2,205,905$7,582,856
64$11,448,979$3,339,411$2,227,055$8,217,167
65$12,562,366$3,448,633$2,247,253$8,912,057
66$13,787,604$3,561,494$2,266,413$9,673,584
67$15,136,050$3,678,117$2,284,447$10,508,419
68$16,620,213$3,798,630$2,301,262$11,423,910
69$18,253,879$3,923,168$2,316,760$12,428,150
70$20,052,240$4,051,868$2,330,836$13,530,054
71$22,032,032$4,184,873$2,343,382$14,739,442
72$24,211,698$4,322,331$2,354,284$16,067,132
73$26,611,560$4,464,394$2,363,423$17,525,041
74$29,254,013$4,611,223$2,370,670$19,126,295
75$32,163,729$4,762,980$2,375,895$20,885,356
76$35,367,900$4,919,836$2,378,958$22,818,158
77$38,896,485$5,081,968$2,379,712$24,942,252
78$42,782,500$5,249,557$2,378,006$27,276,975
79$47,062,323$5,422,793$2,373,677$29,843,633
80$51,776,042$5,601,873$2,366,557$32,665,698
81$56,967,831$5,786,997$2,356,470$35,769,031
82$62,686,368$5,978,378$2,343,230$39,182,124
83$68,985,292$6,176,233$2,326,642$42,936,372
84$75,923,711$6,380,788$2,306,504$47,066,364
85$83,566,759$6,592,276$2,282,602$51,610,211
86$91,986,211$6,810,940$2,254,711$56,609,904
87$101,261,160$7,037,032$2,222,600$62,111,713
88$111,478,763$7,270,811$2,186,022$68,166,619
89$122,735,064$7,512,548$2,144,720$74,830,795
90$135,135,900$7,762,522$2,098,428$82,166,138
91$148,797,899$8,021,024$2,046,863$90,240,850
92$163,849,584$8,288,353$1,989,732$99,130,081
93$180,432,581$8,564,822$1,926,728$108,916,640
94$198,702,960$8,850,753$1,857,528$119,691,772
95$218,832,704$9,146,483$1,781,798$131,556,024
96$241,011,337$9,452,357$1,699,185$144,620,185
97$265,447,707$9,768,737$1,609,322$159,006,339
98$292,371,964$10,095,995$1,511,824$174,849,012
99$322,037,725$10,434,520$1,406,292$192,296,442
100$354,724,474$10,784,713$1,292,304$211,511,976