Can I retire at age 43 with 1,670,000?

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 $1,670,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$137,907$136,679$135,480$134,310$133,168$130,002
2 years$68,271$66,999$65,767$64,572$63,413$60,242
3 years$45,062$43,785$42,556$41,372$40,232$37,154
4 years$33,460$32,186$30,970$29,806$28,694$25,734
5 years$26,500$25,235$24,034$22,894$21,813$18,978
6 years$21,862$20,606$19,423$18,309$17,260$14,554
7 years$18,550$17,305$16,140$15,052$14,037$11,460
8 years$16,068$14,833$13,688$12,627$11,645$9,197
9 years$14,138$12,915$11,790$10,756$9,807$7,485
10 years$12,595$11,384$10,279$9,271$8,356$6,157
11 years$11,333$10,135$9,049$8,069$7,186$5,108
12 years$10,282$9,096$8,031$7,077$6,227$4,266
13 years$9,394$8,220$7,175$6,248$5,430$3,583
14 years$8,633$7,472$6,447$5,547$4,760$3,022
15 years$7,975$6,826$5,821$4,947$4,191$2,558
16 years$7,399$6,263$5,277$4,429$3,704$2,172
17 years$6,891$5,768$4,802$3,980$3,284$1,849
18 years$6,441$5,330$4,384$3,586$2,920$1,578
19 years$6,038$4,939$4,013$3,241$2,603$1,348
20 years$5,676$4,590$3,683$2,935$2,325$1,154
21 years$5,349$4,275$3,388$2,664$2,081$989
22 years$5,052$3,991$3,122$2,422$1,865$848
23 years$4,781$3,733$2,883$2,206$1,674$729
24 years$4,533$3,497$2,666$2,012$1,505$626
25 years$4,306$3,282$2,469$1,837$1,354$538
26 years$4,096$3,084$2,290$1,680$1,220$463
27 years$3,902$2,903$2,127$1,538$1,100$399
28 years$3,722$2,735$1,977$1,409$992$344
29 years$3,555$2,580$1,840$1,292$896$296
30 years$3,399$2,437$1,714$1,186$810$255
31 years$3,254$2,304$1,598$1,089$732$220
32 years$3,118$2,180$1,491$1,001$662$190
33 years$2,991$2,064$1,392$920$599$164
34 years$2,871$1,957$1,300$847$542$141
35 years$2,758$1,856$1,216$779$491$122
36 years$2,652$1,761$1,137$718$445$105
37 years$2,552$1,673$1,065$661$403$91
38 years$2,458$1,590$997$610$366$78
39 years$2,368$1,512$934$562$332$68
40 years$2,283$1,438$875$518$301$58
41 years$2,203$1,369$821$478$273$50
42 years$2,126$1,304$770$441$248$43
43 years$2,053$1,242$723$408$225$37
44 years$1,984$1,184$678$376$204$32
45 years$1,918$1,129$637$347$185$28
46 years$1,855$1,077$598$321$168$24
47 years$1,795$1,028$562$297$153$21
48 years$1,738$981$528$274$139$18
49 years$1,683$937$496$253$126$16
50 years$1,631$895$467$234$114$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,670,000, adding $5,420 every year, while hoping to spend $44,753 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: 77/13/10 Blend
42$1,670,000$1,670,000$1,670,000$1,670,000
43$1,845,931$1,757,421$1,731,536$1,984,466
44$1,986,599$1,795,918$1,741,925$2,114,848
45$2,140,115$1,834,801$1,751,163$2,251,503
46$2,307,743$1,874,042$1,759,163$2,400,056
47$2,490,873$1,913,610$1,765,835$2,561,676
48$2,691,036$1,953,471$1,771,085$2,737,646
49$2,909,917$1,993,587$1,774,812$2,929,381
50$3,149,373$2,033,917$1,776,912$3,138,441
51$3,411,447$2,074,417$1,777,277$3,366,541
52$3,698,389$2,115,037$1,775,789$3,615,572
53$4,012,676$2,155,726$1,772,330$3,887,619
54$4,357,038$2,196,425$1,766,772$4,184,974
55$4,734,479$2,237,074$1,758,982$4,510,167
56$5,148,310$2,277,604$1,748,822$4,865,982
57$5,602,175$2,317,944$1,736,145$5,255,488
58$6,100,090$2,358,016$1,720,799$5,682,065
59$6,646,476$2,397,736$1,702,623$6,149,439
60$7,246,206$2,437,014$1,681,450$6,661,712
61$7,904,644$2,475,753$1,657,104$7,223,407
62$8,627,702$2,513,849$1,629,401$7,839,507
63$9,421,890$2,551,191$1,598,148$8,515,501
64$10,294,382$2,587,658$1,563,145$9,257,439
65$11,253,078$2,623,123$1,524,180$10,071,987
66$12,306,685$2,657,449$1,481,033$10,966,491
67$13,464,793$2,690,489$1,433,473$11,949,043
68$14,737,966$2,722,087$1,381,259$13,028,564
69$16,137,845$2,752,076$1,324,138$14,214,883
70$17,677,256$2,780,278$1,261,847$15,518,830
71$19,370,326$2,806,502$1,194,109$16,952,340
72$21,232,625$2,830,546$1,120,637$18,528,566
73$23,281,303$2,852,194$1,041,129$20,262,002
74$25,535,260$2,871,215$955,271$22,168,621
75$28,015,317$2,887,365$862,733$24,266,022
76$30,744,417$2,900,384$763,172$26,573,605
77$33,747,839$2,909,994$656,229$29,112,743
78$37,053,435$2,915,900$541,530$31,906,994
79$40,691,897$2,917,791$418,683$34,982,316
80$44,697,041$2,915,333$287,279$38,367,317
81$49,106,128$2,908,174$146,892$42,093,523
82$53,960,217$2,895,938$0$46,195,677
83$59,304,549$2,878,229$0$50,712,378
84$65,188,975$2,854,624$0$55,702,254
85$71,668,427$2,824,677$0$61,196,165
86$78,803,433$2,787,912$0$67,245,409
87$86,660,692$2,743,829$0$73,906,512
88$95,313,699$2,691,893$0$81,241,767
89$104,843,442$2,631,541$0$89,319,816
90$115,339,163$2,562,177$0$98,216,305
91$126,899,200$2,483,166$0$108,014,590
92$139,631,918$2,393,841$0$118,806,532
93$153,656,726$2,293,492$0$130,693,358
94$169,105,209$2,181,370$0$143,786,620
95$186,122,366$2,056,682$0$158,209,248
96$204,867,978$1,918,590$0$174,096,707
97$225,518,117$1,766,207$0$191,598,283
98$248,266,810$1,598,596$0$210,878,484
99$273,327,864$1,414,766$0$232,118,601
100$300,936,886$1,213,670$0$255,518,413