Can I retire at age 43 with 1,660,000?

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 $1,660,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$137,081$135,860$134,669$133,506$132,371$127,929
2 years$67,862$66,598$65,373$64,186$63,034$58,602
3 years$44,792$43,523$42,301$41,124$39,991$35,709
4 years$33,259$31,994$30,784$29,628$28,522$24,423
5 years$26,341$25,083$23,890$22,757$21,682$17,776
6 years$21,731$20,483$19,306$18,199$17,156$13,447
7 years$18,439$17,201$16,044$14,962$13,953$10,439
8 years$15,971$14,745$13,606$12,552$11,575$8,255
9 years$14,053$12,838$11,719$10,691$9,748$6,617
10 years$12,519$11,316$10,217$9,216$8,306$5,359
11 years$11,265$10,074$8,995$8,021$7,143$4,375
12 years$10,221$9,042$7,983$7,035$6,190$3,594
13 years$9,338$8,171$7,132$6,211$5,398$2,968
14 years$8,582$7,427$6,408$5,513$4,732$2,461
15 years$7,927$6,785$5,786$4,917$4,166$2,047
16 years$7,354$6,225$5,246$4,403$3,682$1,707
17 years$6,850$5,733$4,773$3,956$3,265$1,427
18 years$6,402$5,298$4,357$3,565$2,903$1,195
19 years$6,002$4,910$3,989$3,221$2,587$1,002
20 years$5,642$4,562$3,661$2,917$2,311$842
21 years$5,317$4,250$3,367$2,648$2,068$707
22 years$5,021$3,967$3,104$2,407$1,854$595
23 years$4,752$3,710$2,866$2,192$1,664$501
24 years$4,506$3,476$2,650$2,000$1,496$422
25 years$4,280$3,262$2,455$1,826$1,346$356
26 years$4,071$3,066$2,276$1,670$1,212$300
27 years$3,878$2,885$2,114$1,528$1,093$253
28 years$3,700$2,719$1,965$1,400$986$214
29 years$3,534$2,565$1,829$1,284$891$180
30 years$3,379$2,422$1,703$1,179$805$152
31 years$3,235$2,290$1,588$1,082$728$129
32 years$3,099$2,167$1,482$995$658$109
33 years$2,973$2,052$1,383$915$596$92
34 years$2,854$1,945$1,293$842$539$78
35 years$2,742$1,845$1,208$775$488$65
36 years$2,636$1,751$1,131$714$443$55
37 years$2,537$1,663$1,058$657$401$47
38 years$2,443$1,580$991$606$364$40
39 years$2,354$1,503$928$559$330$33
40 years$2,269$1,430$870$515$299$28
41 years$2,189$1,361$816$475$271$24
42 years$2,113$1,296$765$439$246$20
43 years$2,041$1,235$718$405$223$17
44 years$1,972$1,177$674$374$203$14
45 years$1,907$1,123$633$345$184$12
46 years$1,844$1,071$595$319$167$10
47 years$1,785$1,022$559$295$152$9
48 years$1,727$976$525$272$138$7
49 years$1,673$932$493$252$125$6
50 years$1,621$890$464$233$114$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,660,000, adding $6,446 every year, while hoping to spend $54,264 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: 58/33/9 Blend
42$1,660,000$1,660,000$1,660,000$1,660,000
43$1,835,969$1,747,989$1,722,259$1,938,254
44$1,965,501$1,775,904$1,722,218$2,035,750
45$2,106,427$1,803,368$1,720,357$2,135,301
46$2,259,852$1,830,302$1,716,558$2,242,481
47$2,426,990$1,856,621$1,710,697$2,358,026
48$2,609,181$1,882,233$1,702,643$2,482,749
49$2,807,896$1,907,041$1,692,260$2,617,543
50$3,024,757$1,930,941$1,679,406$2,763,396
51$3,261,547$1,953,821$1,663,930$2,921,395
52$3,520,229$1,975,563$1,645,677$3,092,740
53$3,802,966$1,996,040$1,624,481$3,278,754
54$4,112,138$2,015,115$1,600,170$3,480,895
55$4,450,366$2,032,646$1,572,566$3,700,772
56$4,820,535$2,048,477$1,541,478$3,940,158
57$5,225,822$2,062,445$1,506,710$4,201,009
58$5,669,727$2,074,375$1,468,056$4,485,483
59$6,156,102$2,084,083$1,425,299$4,795,958
60$6,689,192$2,091,371$1,378,214$5,135,058
61$7,273,670$2,096,028$1,326,564$5,505,675
62$7,914,683$2,097,832$1,270,103$5,910,999
63$8,617,901$2,096,546$1,208,572$6,354,548
64$9,389,569$2,091,919$1,141,701$6,840,203
65$10,236,565$2,083,683$1,069,208$7,372,240
66$11,166,466$2,071,555$990,798$7,955,377
67$12,187,619$2,055,235$906,163$8,594,817
68$13,309,219$2,034,404$814,982$9,296,297
69$14,541,392$2,008,723$716,918$10,066,142
70$15,895,299$1,977,835$611,619$10,911,327
71$17,383,231$1,941,360$498,719$11,839,545
72$19,018,730$1,898,896$377,836$12,859,276
73$20,816,715$1,850,017$248,568$13,979,872
74$22,793,625$1,794,273$110,500$15,211,644
75$24,967,568$1,731,185$0$16,565,962
76$27,358,496$1,660,250$0$18,058,900
77$29,988,393$1,580,932$0$19,712,295
78$32,881,478$1,492,667$0$21,530,811
79$36,064,437$1,394,856$0$23,531,295
80$39,566,673$1,286,867$0$25,732,322
81$43,420,582$1,168,032$0$28,154,369
82$47,661,861$1,037,645$0$30,820,004
83$52,329,840$894,958$0$33,754,109
84$57,467,856$739,184$0$36,984,110
85$63,123,662$569,489$0$40,540,239
86$69,349,874$384,992$0$44,455,822
87$76,204,469$184,764$0$48,767,594
88$83,751,331$0$0$53,516,047
89$92,060,854$0$0$58,757,499
90$101,210,605$0$0$64,603,004
91$111,286,057$0$0$71,040,097
92$122,381,392$0$0$78,128,972
93$134,600,392$0$0$85,935,960
94$148,057,417$0$0$94,534,153
95$162,878,484$0$0$104,004,091
96$179,202,454$0$0$114,434,529
97$197,182,347$0$0$125,923,265
98$216,986,777$0$0$138,578,069
99$238,801,552$0$0$152,517,698
100$262,831,421$0$0$167,873,016