Can I retire at age 43 with 1,720,000?

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 $1,720,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12%
1 years$142,036$140,771$139,536$138,332$137,155$136,006
2 years$70,315$69,005$67,736$66,506$65,312$64,154
3 years$46,411$45,096$43,830$42,611$41,437$40,305
4 years$34,461$33,150$31,897$30,699$29,553$28,457
5 years$27,293$25,990$24,753$23,580$22,466$21,409
6 years$22,516$21,223$20,004$18,857$17,776$16,759
7 years$19,106$17,823$16,624$15,503$14,457$13,481
8 years$16,549$15,278$14,098$13,005$11,993$11,058
9 years$14,561$13,302$12,143$11,078$10,100$9,205
10 years$12,972$11,725$10,586$9,549$8,606$7,750
11 years$11,672$10,438$9,320$8,310$7,401$6,585
12 years$10,590$9,369$8,271$7,289$6,414$5,636
13 years$9,675$8,466$7,390$6,435$5,593$4,852
14 years$8,892$7,696$6,640$5,713$4,903$4,199
15 years$8,213$7,030$5,995$5,095$4,317$3,648
16 years$7,620$6,450$5,435$4,562$3,815$3,181
17 years$7,098$5,940$4,946$4,099$3,383$2,782
18 years$6,633$5,489$4,515$3,694$3,008$2,440
19 years$6,219$5,087$4,133$3,338$2,681$2,144
20 years$5,846$4,727$3,793$3,023$2,395$1,888
21 years$5,509$4,403$3,489$2,743$2,143$1,665
22 years$5,203$4,110$3,216$2,494$1,921$1,470
23 years$4,924$3,844$2,969$2,272$1,724$1,300
24 years$4,669$3,602$2,746$2,072$1,550$1,151
25 years$4,434$3,380$2,543$1,892$1,395$1,020
26 years$4,218$3,177$2,359$1,730$1,256$905
27 years$4,019$2,990$2,190$1,584$1,133$803
28 years$3,834$2,817$2,036$1,451$1,022$713
29 years$3,661$2,658$1,895$1,331$923$634
30 years$3,501$2,510$1,765$1,221$834$564
31 years$3,352$2,373$1,645$1,121$754$501
32 years$3,212$2,245$1,535$1,031$682$446
33 years$3,080$2,126$1,433$948$617$397
34 years$2,957$2,015$1,339$872$559$354
35 years$2,841$1,911$1,252$803$506$315
36 years$2,732$1,814$1,171$739$459$281
37 years$2,629$1,723$1,096$681$416$250
38 years$2,531$1,637$1,027$628$377$223
39 years$2,439$1,557$962$579$342$199
40 years$2,352$1,481$902$534$310$177
41 years$2,269$1,410$845$493$281$158
42 years$2,190$1,343$793$455$255$141
43 years$2,115$1,280$744$420$232$126
44 years$2,044$1,220$699$388$210$112
45 years$1,976$1,163$656$358$191$100
46 years$1,911$1,110$616$331$173$89
47 years$1,849$1,059$579$305$157$80
48 years$1,790$1,011$544$282$143$71
49 years$1,733$965$511$261$130$63
50 years$1,679$922$481$241$118$57

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,720,000, adding $5,313 every year, while hoping to spend $45,123 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: 42/44/14 Blend
42$1,720,000$1,720,000$1,720,000$1,720,000
43$1,900,920$1,809,760$1,783,100$1,972,753
44$2,046,804$1,850,428$1,794,824$2,064,436
45$2,206,055$1,891,576$1,805,427$2,158,775
46$2,379,990$1,933,181$1,814,826$2,259,950
47$2,570,057$1,975,215$1,822,931$2,368,605
48$2,777,851$2,017,648$1,829,648$2,485,453
49$3,005,128$2,060,449$1,834,877$2,611,276
50$3,253,821$2,103,581$1,838,516$2,746,938
51$3,526,059$2,147,006$1,840,454$2,893,390
52$3,824,187$2,190,678$1,840,579$3,051,681
53$4,150,785$2,234,553$1,838,770$3,222,966
54$4,508,697$2,278,578$1,834,901$3,408,521
55$4,901,054$2,322,698$1,828,840$3,609,749
56$5,331,304$2,366,853$1,820,448$3,828,199
57$5,803,246$2,410,977$1,809,582$4,065,577
58$6,321,062$2,455,000$1,796,088$4,323,767
59$6,889,360$2,498,846$1,779,807$4,604,841
60$7,513,217$2,542,431$1,760,573$4,911,088
61$8,198,224$2,585,669$1,738,211$5,245,029
62$8,950,539$2,628,462$1,712,537$5,609,444
63$9,776,947$2,670,710$1,683,360$6,007,400
64$10,684,922$2,712,302$1,650,479$6,442,275
65$11,682,699$2,753,119$1,613,685$6,917,796
66$12,779,348$2,793,036$1,572,757$7,438,072
67$13,984,864$2,831,917$1,527,467$8,007,632
68$15,310,255$2,869,616$1,477,572$8,631,471
69$16,767,654$2,905,980$1,422,823$9,315,096
70$18,370,423$2,940,841$1,362,956$10,064,576
71$20,133,287$2,974,023$1,297,696$10,886,608
72$22,072,469$3,005,338$1,226,756$11,788,569
73$24,205,844$3,034,582$1,149,836$12,778,598
74$26,553,106$3,061,542$1,066,621$13,865,665
75$29,135,953$3,085,989$976,783$15,059,660
76$31,978,296$3,107,678$879,981$16,371,488
77$35,106,478$3,126,350$775,856$17,813,169
78$38,549,526$3,141,728$664,034$19,397,959
79$42,339,423$3,153,518$544,125$21,140,467
80$46,511,412$3,161,408$415,721$23,056,803
81$51,104,325$3,165,067$278,397$25,164,725
82$56,160,951$3,164,140$131,708$27,483,811
83$61,728,438$3,158,253$0$30,035,642
84$67,858,740$3,147,008$0$32,847,723
85$74,609,103$3,129,983$0$35,963,808
86$82,042,610$3,106,731$0$39,393,192
87$90,228,771$3,076,775$0$43,167,828
88$99,244,182$3,039,613$0$47,322,934
89$109,173,244$2,994,710$0$51,897,328
90$120,108,965$2,941,501$0$56,933,797
91$132,153,832$2,879,386$0$62,479,497
92$145,420,777$2,807,731$0$68,586,405
93$160,034,250$2,725,863$0$75,311,812
94$176,131,384$2,633,071$0$82,718,858
95$193,863,296$2,528,603$0$90,877,138
96$213,396,508$2,411,660$0$99,863,358
97$234,914,521$2,281,400$0$109,762,058
98$258,619,545$2,136,932$0$120,666,420
99$284,734,410$1,977,313$0$132,679,140
100$313,504,665$1,801,546$0$145,913,408