Can I retire at age 43 with 1,630,000?

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 $1,630,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13%
1 years$134,604$133,405$132,235$131,093$129,978$128,354
2 years$66,636$65,395$64,192$63,026$61,895$60,260
3 years$43,982$42,736$41,536$40,381$39,268$37,675
4 years$32,658$31,416$30,228$29,092$28,007$26,466
5 years$25,865$24,630$23,458$22,346$21,290$19,807
6 years$21,338$20,112$18,958$17,870$16,846$15,422
7 years$18,106$16,890$15,754$14,692$13,700$12,336
8 years$15,683$14,478$13,361$12,325$11,366$10,061
9 years$13,799$12,606$11,507$10,498$9,572$8,326
10 years$12,293$11,111$10,032$9,049$8,156$6,968
11 years$11,061$9,892$8,832$7,876$7,014$5,884
12 years$10,036$8,878$7,839$6,908$6,078$5,004
13 years$9,169$8,023$7,003$6,099$5,300$4,281
14 years$8,426$7,293$6,292$5,414$4,646$3,680
15 years$7,784$6,662$5,681$4,828$4,091$3,176
16 years$7,222$6,113$5,151$4,323$3,616$2,750
17 years$6,726$5,629$4,687$3,884$3,206$2,388
18 years$6,286$5,202$4,279$3,500$2,850$2,079
19 years$5,893$4,821$3,917$3,163$2,541$1,814
20 years$5,540$4,480$3,595$2,865$2,269$1,586
21 years$5,221$4,173$3,306$2,600$2,031$1,388
22 years$4,931$3,895$3,047$2,364$1,820$1,217
23 years$4,666$3,643$2,814$2,153$1,634$1,068
24 years$4,425$3,413$2,602$1,964$1,469$938
25 years$4,202$3,203$2,410$1,793$1,322$825
26 years$3,998$3,011$2,235$1,640$1,190$726
27 years$3,808$2,833$2,076$1,501$1,073$639
28 years$3,633$2,670$1,930$1,375$968$563
29 years$3,470$2,519$1,796$1,261$875$496
30 years$3,318$2,379$1,673$1,157$790$438
31 years$3,176$2,249$1,559$1,063$714$386
32 years$3,043$2,128$1,455$977$646$341
33 years$2,919$2,015$1,358$898$585$301
34 years$2,802$1,910$1,269$826$529$266
35 years$2,692$1,811$1,187$761$480$235
36 years$2,589$1,719$1,110$701$435$207
37 years$2,491$1,633$1,039$646$394$183
38 years$2,399$1,552$973$595$357$162
39 years$2,311$1,476$912$549$324$143
40 years$2,228$1,404$854$506$294$127
41 years$2,150$1,336$801$467$266$112
42 years$2,075$1,273$752$431$242$99
43 years$2,004$1,213$705$398$219$88
44 years$1,937$1,156$662$367$199$77
45 years$1,872$1,102$622$339$181$68
46 years$1,811$1,052$584$313$164$61
47 years$1,752$1,003$548$289$149$54
48 years$1,696$958$515$267$135$47
49 years$1,643$915$484$247$123$42
50 years$1,591$874$455$228$112$37

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,630,000, adding $6,193 every year, while hoping to spend $35,135 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: 35/40/25 Blend
42$1,630,000$1,630,000$1,630,000$1,630,000
43$1,802,648$1,716,258$1,690,993$1,851,927
44$1,949,135$1,762,971$1,710,258$1,935,792
45$2,109,386$1,810,796$1,728,991$2,022,583
46$2,284,767$1,859,749$1,747,136$2,115,535
47$2,476,785$1,909,849$1,764,637$2,215,219
48$2,687,096$1,961,110$1,781,431$2,322,267
49$2,917,526$2,013,551$1,797,455$2,437,373
50$3,170,084$2,067,185$1,812,641$2,561,301
51$3,446,985$2,122,030$1,826,917$2,694,893
52$3,750,667$2,178,099$1,840,208$2,839,077
53$4,083,816$2,235,406$1,852,435$2,994,873
54$4,449,388$2,293,964$1,863,515$3,163,408
55$4,850,643$2,353,786$1,873,360$3,345,919
56$5,291,170$2,414,883$1,881,879$3,543,773
57$5,774,922$2,477,265$1,888,975$3,758,474
58$6,306,255$2,540,941$1,894,546$3,991,679
59$6,889,966$2,605,920$1,898,486$4,245,215
60$7,531,340$2,672,207$1,900,682$4,521,095
61$8,236,200$2,739,809$1,901,019$4,821,535
62$9,010,960$2,808,728$1,899,371$5,148,979
63$9,862,688$2,878,966$1,895,610$5,506,122
64$10,799,170$2,950,522$1,889,600$5,895,931
65$11,828,983$3,023,396$1,881,200$6,321,676
66$12,961,579$3,097,581$1,870,259$6,786,964
67$14,207,369$3,173,072$1,856,622$7,295,766
68$15,577,827$3,249,859$1,840,126$7,852,462
69$17,085,593$3,327,930$1,820,597$8,461,878
70$18,744,594$3,407,269$1,797,858$9,129,333
71$20,570,175$3,487,858$1,771,719$9,860,689
72$22,579,246$3,569,675$1,741,984$10,662,409
73$24,790,435$3,652,696$1,708,447$11,541,613
74$27,224,271$3,736,889$1,670,891$12,506,152
75$29,903,372$3,822,223$1,629,092$13,564,678
76$32,852,662$3,908,658$1,582,812$14,726,725
77$36,099,603$3,996,151$1,531,805$16,002,806
78$39,674,454$4,084,654$1,475,813$17,404,504
79$43,610,560$4,174,114$1,414,564$18,944,587
80$47,944,662$4,264,470$1,347,777$20,637,130
81$52,717,246$4,355,658$1,275,156$22,497,644
82$57,972,924$4,447,604$1,196,393$24,543,225
83$63,760,855$4,540,229$1,111,164$26,792,718
84$70,135,207$4,633,445$1,019,133$29,266,891
85$77,155,671$4,727,157$919,947$31,988,638
86$84,888,023$4,821,261$813,239$34,983,189
87$93,404,743$4,915,644$698,624$38,278,354
88$102,785,700$5,010,184$575,701$41,904,782
89$113,118,905$5,104,747$444,050$45,896,256
90$124,501,342$5,199,188$303,235$50,290,009
91$137,039,884$5,293,353$152,799$55,127,080
92$150,852,298$5,387,074$0$60,452,697
93$166,068,361$5,480,169$0$66,318,777
94$182,831,079$5,572,442$0$72,821,827
95$201,298,043$5,663,686$0$79,981,740
96$221,642,910$5,753,673$0$87,865,399
97$244,057,046$5,842,162$0$96,546,511
98$268,751,331$5,928,894$0$106,106,303
99$295,958,147$6,013,591$0$116,634,287
100$325,933,576$6,095,954$0$128,229,107