Can I retire at age 43 with 1,690,000?

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 $1,690,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$139,559$138,316$137,103$135,919$134,763$133,858
2 years$69,088$67,802$66,555$65,346$64,173$63,260
3 years$45,601$44,309$43,065$41,868$40,714$39,821
4 years$33,860$32,572$31,341$30,163$29,037$28,172
5 years$26,817$25,537$24,322$23,168$22,074$21,239
6 years$22,124$20,853$19,655$18,528$17,466$16,662
7 years$18,772$17,512$16,334$15,233$14,205$13,432
8 years$16,260$15,011$13,852$12,778$11,784$11,043
9 years$14,307$13,070$11,931$10,884$9,924$9,214
10 years$12,745$11,520$10,402$9,382$8,456$7,777
11 years$11,469$10,256$9,157$8,166$7,272$6,623
12 years$10,405$9,205$8,127$7,162$6,302$5,683
13 years$9,507$8,319$7,261$6,323$5,495$4,906
14 years$8,737$7,562$6,524$5,613$4,817$4,256
15 years$8,070$6,908$5,890$5,006$4,241$3,708
16 years$7,487$6,338$5,340$4,482$3,749$3,242
17 years$6,974$5,837$4,860$4,027$3,324$2,843
18 years$6,518$5,393$4,436$3,629$2,955$2,500
19 years$6,110$4,999$4,061$3,279$2,634$2,203
20 years$5,744$4,645$3,727$2,970$2,353$1,946
21 years$5,413$4,327$3,428$2,696$2,106$1,721
22 years$5,112$4,039$3,160$2,451$1,887$1,525
23 years$4,838$3,777$2,917$2,232$1,694$1,352
24 years$4,587$3,539$2,698$2,036$1,523$1,201
25 years$4,357$3,321$2,499$1,859$1,370$1,068
26 years$4,145$3,121$2,318$1,700$1,234$950
27 years$3,949$2,938$2,152$1,556$1,113$846
28 years$3,767$2,768$2,001$1,426$1,004$753
29 years$3,598$2,611$1,862$1,307$907$672
30 years$3,440$2,466$1,734$1,200$819$599
31 years$3,293$2,331$1,617$1,102$741$535
32 years$3,156$2,206$1,508$1,013$670$478
33 years$3,027$2,089$1,408$931$606$427
34 years$2,905$1,980$1,316$857$549$381
35 years$2,791$1,878$1,230$789$497$341
36 years$2,684$1,782$1,151$726$451$305
37 years$2,583$1,693$1,077$669$408$272
38 years$2,487$1,609$1,009$617$370$244
39 years$2,396$1,530$945$569$336$218
40 years$2,310$1,456$886$525$304$195
41 years$2,229$1,386$831$484$276$174
42 years$2,152$1,320$779$447$251$156
43 years$2,078$1,257$731$412$227$140
44 years$2,008$1,198$686$381$206$125
45 years$1,941$1,143$644$352$187$112
46 years$1,878$1,090$605$325$170$100
47 years$1,817$1,040$569$300$155$90
48 years$1,759$993$534$277$140$80
49 years$1,703$948$502$256$127$72
50 years$1,650$906$472$237$116$65

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,690,000, adding $6,049 every year, while hoping to spend $34,212 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: 38/33/29 Blend
42$1,690,000$1,690,000$1,690,000$1,690,000
43$1,868,620$1,779,050$1,752,855$1,923,310
44$2,022,817$1,829,822$1,775,174$2,014,904
45$2,191,597$1,881,935$1,797,094$2,110,266
46$2,376,409$1,935,419$1,818,566$2,212,684
47$2,578,852$1,990,304$1,839,537$2,322,823
48$2,800,686$2,046,620$1,859,953$2,441,413
49$3,043,848$2,104,397$1,879,754$2,569,259
50$3,310,475$2,163,666$1,898,879$2,707,248
51$3,602,916$2,224,458$1,917,265$2,856,354
52$3,923,761$2,286,805$1,934,841$3,017,654
53$4,275,863$2,350,736$1,951,536$3,192,330
54$4,662,364$2,416,285$1,967,275$3,381,688
55$5,086,724$2,483,482$1,981,978$3,587,162
56$5,552,756$2,552,359$1,995,561$3,810,336
57$6,064,660$2,622,947$2,007,934$4,052,952
58$6,627,061$2,695,278$2,019,007$4,316,932
59$7,245,058$2,769,383$2,028,680$4,604,391
60$7,924,264$2,845,293$2,036,851$4,917,660
61$8,670,867$2,923,040$2,043,413$5,259,309
62$9,491,679$3,002,653$2,048,252$5,632,168
63$10,394,211$3,084,164$2,051,249$6,039,357
64$11,386,735$3,167,601$2,052,279$6,484,312
65$12,478,363$3,252,995$2,051,212$6,970,821
66$13,679,138$3,340,374$2,047,910$7,503,058
67$15,000,124$3,429,766$2,042,228$8,085,623
68$16,453,510$3,521,198$2,034,016$8,723,584
69$18,052,728$3,614,697$2,023,116$9,422,528
70$19,812,576$3,710,287$2,009,360$10,188,610
71$21,749,361$3,807,993$1,992,576$11,028,617
72$23,881,048$3,907,837$1,972,580$11,950,023
73$26,227,436$4,009,842$1,949,182$12,961,071
74$28,810,336$4,114,026$1,922,181$14,070,841
75$31,653,784$4,220,407$1,891,368$15,289,343
76$34,784,266$4,329,002$1,856,524$16,627,606
77$38,230,962$4,439,825$1,817,420$18,097,788
78$42,026,032$4,552,888$1,773,814$19,713,287
79$46,204,906$4,668,199$1,725,456$21,488,870
80$50,806,631$4,785,765$1,672,084$23,440,809
81$55,874,230$4,905,590$1,613,421$25,587,040
82$61,455,112$5,027,674$1,549,181$27,947,332
83$67,601,517$5,152,014$1,479,062$30,543,469
84$74,371,012$5,278,603$1,402,751$33,399,461
85$81,827,031$5,407,430$1,319,919$36,541,770
86$90,039,475$5,538,481$1,230,223$39,999,559
87$99,085,369$5,671,734$1,133,303$43,804,971
88$109,049,594$5,807,166$1,028,786$47,993,428
89$120,025,681$5,944,746$916,279$52,603,971
90$132,116,700$6,084,438$795,374$57,679,625
91$145,436,227$6,226,199$665,642$63,267,810
92$160,109,420$6,369,981$526,639$69,420,786
93$176,274,198$6,515,727$377,898$76,196,150
94$194,082,542$6,663,373$218,934$83,657,377
95$213,701,931$6,812,848$49,238$91,874,425
96$235,316,921$6,964,071$0$100,924,392
97$259,130,888$7,116,951$0$110,933,048
98$285,367,946$7,271,389$0$121,972,146
99$314,275,064$7,427,275$0$134,129,815
100$346,124,395$7,584,486$0$147,519,978