Can I retire at age 43 with 1,680,000?

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 $1,680,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$138,733$137,497$136,291$135,115$133,966$130,357
2 years$68,680$67,401$66,161$64,959$63,793$60,183
3 years$45,332$44,047$42,810$41,620$40,473$36,975
4 years$33,660$32,379$31,155$29,985$28,866$25,506
5 years$26,659$25,386$24,178$23,031$21,943$18,732
6 years$21,993$20,729$19,539$18,418$17,363$14,302
7 years$18,661$17,408$16,237$15,143$14,121$11,211
8 years$16,164$14,922$13,770$12,703$11,714$8,955
9 years$14,222$12,993$11,860$10,820$9,865$7,252
10 years$12,670$11,452$10,340$9,327$8,406$5,937
11 years$11,401$10,195$9,103$8,117$7,229$4,900
12 years$10,344$9,151$8,079$7,120$6,265$4,071
13 years$9,450$8,270$7,218$6,286$5,463$3,401
14 years$8,685$7,517$6,485$5,580$4,789$2,853
15 years$8,022$6,867$5,855$4,976$4,216$2,401
16 years$7,443$6,300$5,309$4,456$3,726$2,028
17 years$6,932$5,802$4,831$4,003$3,304$1,716
18 years$6,479$5,361$4,410$3,608$2,938$1,455
19 years$6,074$4,969$4,037$3,260$2,619$1,236
20 years$5,710$4,617$3,705$2,953$2,339$1,052
21 years$5,381$4,301$3,408$2,680$2,093$896
22 years$5,082$4,015$3,141$2,436$1,876$764
23 years$4,810$3,755$2,900$2,219$1,684$652
24 years$4,560$3,518$2,682$2,024$1,514$557
25 years$4,331$3,302$2,484$1,848$1,362$476
26 years$4,120$3,103$2,304$1,690$1,227$407
27 years$3,925$2,920$2,139$1,547$1,106$348
28 years$3,744$2,752$1,989$1,417$998$298
29 years$3,576$2,596$1,851$1,300$901$255
30 years$3,420$2,452$1,724$1,193$814$218
31 years$3,274$2,318$1,607$1,095$736$187
32 years$3,137$2,193$1,500$1,007$666$160
33 years$3,009$2,077$1,400$926$603$137
34 years$2,888$1,968$1,308$852$546$117
35 years$2,775$1,867$1,223$784$494$101
36 years$2,668$1,772$1,144$722$448$86
37 years$2,567$1,683$1,071$665$406$74
38 years$2,472$1,599$1,003$613$368$63
39 years$2,382$1,521$940$565$334$54
40 years$2,297$1,447$881$522$303$47
41 years$2,216$1,377$826$481$275$40
42 years$2,139$1,312$775$444$249$34
43 years$2,066$1,250$727$410$226$29
44 years$1,996$1,191$682$379$205$25
45 years$1,930$1,136$641$350$186$22
46 years$1,866$1,084$602$323$169$19
47 years$1,806$1,034$565$298$154$16
48 years$1,748$987$531$276$140$14
49 years$1,693$943$499$255$127$12
50 years$1,640$901$469$235$115$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,680,000, adding $2,780 every year, while hoping to spend $38,667 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: 52/21/27 Blend
42$1,680,000$1,680,000$1,680,000$1,680,000
43$1,854,228$1,765,188$1,739,148$1,936,493
44$2,002,217$1,810,540$1,756,268$2,039,250
45$2,164,006$1,856,820$1,772,665$2,146,826
46$2,340,961$1,904,030$1,788,275$2,263,080
47$2,534,586$1,952,174$1,803,030$2,388,858
48$2,746,538$2,001,255$1,816,856$2,525,088
49$2,978,643$2,051,274$1,829,678$2,672,796
50$3,232,908$2,102,231$1,841,416$2,833,111
51$3,511,548$2,154,123$1,851,987$3,007,277
52$3,816,999$2,206,949$1,861,302$3,196,665
53$4,151,945$2,260,701$1,869,267$3,402,787
54$4,519,343$2,315,374$1,875,787$3,627,307
55$4,922,447$2,370,959$1,880,757$3,872,062
56$5,364,846$2,427,445$1,884,072$4,139,074
57$5,850,489$2,484,819$1,885,617$4,430,573
58$6,383,728$2,543,064$1,885,274$4,749,016
59$6,969,356$2,602,163$1,882,919$5,097,111
60$7,612,656$2,662,094$1,878,422$5,477,844
61$8,319,443$2,722,832$1,871,645$5,894,504
62$9,096,126$2,784,352$1,862,446$6,350,719
63$9,949,767$2,846,621$1,850,674$6,850,486
64$10,888,143$2,909,605$1,836,171$7,398,209
65$11,919,823$2,973,265$1,818,773$7,998,747
66$13,054,250$3,037,560$1,798,306$8,657,450
67$14,301,823$3,102,440$1,774,589$9,380,220
68$15,674,005$3,167,855$1,747,433$10,173,559
69$17,183,421$3,233,748$1,716,640$11,044,635
70$18,843,983$3,300,055$1,682,001$12,001,348
71$20,671,020$3,366,708$1,643,299$13,052,407
72$22,681,421$3,433,634$1,600,306$14,207,410
73$24,893,795$3,500,750$1,552,785$15,476,936
74$27,328,644$3,567,970$1,500,486$16,872,647
75$30,008,563$3,635,197$1,443,149$18,407,396
76$32,958,444$3,702,329$1,380,501$20,095,348
77$36,205,716$3,769,254$1,312,259$21,952,118
78$39,780,604$3,835,852$1,238,125$23,994,917
79$43,716,410$3,901,994$1,157,786$26,242,713
80$48,049,831$3,967,539$1,070,920$28,716,413
81$52,821,303$4,032,338$977,185$31,439,062
82$58,075,383$4,096,229$876,227$34,436,059
83$63,861,167$4,159,040$767,676$37,735,395
84$70,232,757$4,220,584$651,145$41,367,926
85$77,249,769$4,280,663$526,229$45,367,656
86$84,977,894$4,339,064$392,506$49,772,066
87$93,489,520$4,395,559$249,536$54,622,463
88$102,864,415$4,449,905$96,858$59,964,377
89$113,190,475$4,501,840$0$65,847,984
90$124,564,562$4,551,089$0$72,347,625
91$137,093,408$4,597,353$0$79,536,231
92$150,894,629$4,640,317$0$87,453,196
93$166,097,832$4,679,643$0$96,172,716
94$182,845,839$4,714,973$0$105,776,552
95$201,296,031$4,745,924$0$116,354,806
96$221,621,841$4,772,089$0$128,006,770
97$244,014,382$4,793,034$0$140,841,862
98$268,684,257$4,808,301$0$154,980,664
99$295,863,541$4,817,398$0$170,556,056
100$325,807,978$4,819,805$0$187,714,471