Can I retire at age 43 with 1,760,000?

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 $1,760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$145,339$144,045$142,781$141,549$140,345$135,798
2 years$71,950$70,610$69,311$68,052$66,831$62,293
3 years$47,490$46,144$44,849$43,602$42,400$38,013
4 years$35,263$33,921$32,639$31,413$30,240$26,038
5 years$27,928$26,595$25,329$24,128$22,988$18,982
6 years$23,040$21,716$20,470$19,295$18,190$14,382
7 years$19,550$18,237$17,010$15,864$14,793$11,185
8 years$16,933$15,633$14,426$13,308$12,272$8,860
9 years$14,900$13,611$12,425$11,335$10,335$7,115
10 years$13,273$11,998$10,833$9,771$8,806$5,773
11 years$11,944$10,681$9,537$8,504$7,573$4,723
12 years$10,836$9,586$8,464$7,459$6,563$3,888
13 years$9,900$8,663$7,562$6,585$5,723$3,217
14 years$9,099$7,875$6,794$5,846$5,017$2,672
15 years$8,404$7,194$6,134$5,213$4,417$2,227
16 years$7,797$6,600$5,562$4,668$3,904$1,862
17 years$7,263$6,078$5,061$4,194$3,461$1,560
18 years$6,788$5,617$4,620$3,780$3,078$1,309
19 years$6,363$5,206$4,229$3,415$2,743$1,100
20 years$5,982$4,837$3,881$3,093$2,450$926
21 years$5,637$4,506$3,570$2,807$2,193$780
22 years$5,324$4,206$3,290$2,552$1,966$658
23 years$5,039$3,934$3,038$2,325$1,764$555
24 years$4,777$3,686$2,810$2,120$1,586$469
25 years$4,538$3,459$2,602$1,936$1,427$396
26 years$4,316$3,251$2,414$1,770$1,285$335
27 years$4,112$3,059$2,241$1,620$1,159$283
28 years$3,923$2,883$2,084$1,485$1,046$240
29 years$3,747$2,720$1,939$1,361$944$203
30 years$3,583$2,568$1,806$1,250$853$172
31 years$3,429$2,428$1,684$1,148$771$145
32 years$3,286$2,297$1,571$1,055$698$123
33 years$3,152$2,176$1,467$970$631$104
34 years$3,026$2,062$1,370$892$572$88
35 years$2,907$1,956$1,281$821$518$75
36 years$2,795$1,856$1,199$757$469$63
37 years$2,690$1,763$1,122$697$425$54
38 years$2,590$1,676$1,051$642$386$45
39 years$2,496$1,593$984$592$350$38
40 years$2,406$1,516$923$546$317$33
41 years$2,321$1,443$865$504$288$28
42 years$2,241$1,374$811$465$261$23
43 years$2,164$1,309$761$429$237$20
44 years$2,091$1,248$715$397$215$17
45 years$2,022$1,190$671$366$195$14
46 years$1,955$1,135$630$338$177$12
47 years$1,892$1,083$592$313$161$10
48 years$1,832$1,034$557$289$146$9
49 years$1,774$988$523$267$133$7
50 years$1,718$944$492$247$121$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,760,000, adding $3,098 every year, while hoping to spend $24,655 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: 48/33/19 Blend
42$1,760,000$1,760,000$1,760,000$1,760,000
43$1,942,716$1,849,436$1,822,156$2,025,417
44$2,114,640$1,913,825$1,856,965$2,147,587
45$2,303,274$1,980,544$1,892,114$2,277,424
46$2,510,297$2,049,679$1,927,589$2,417,890
47$2,737,556$2,121,322$1,963,372$2,569,992
48$2,987,089$2,195,570$1,999,448$2,734,836
49$3,261,140$2,272,520$2,035,796$2,913,640
50$3,562,178$2,352,275$2,072,398$3,107,742
51$3,892,927$2,434,943$2,109,230$3,318,616
52$4,256,385$2,520,636$2,146,269$3,547,882
53$4,655,857$2,609,468$2,183,490$3,797,322
54$5,094,984$2,701,560$2,220,865$4,068,899
55$5,577,774$2,797,038$2,258,366$4,364,772
56$6,108,646$2,896,033$2,295,961$4,687,317
57$6,692,469$2,998,679$2,333,616$5,039,148
58$7,334,604$3,105,118$2,371,296$5,423,146
59$8,040,962$3,215,497$2,408,963$5,842,479
60$8,818,053$3,329,969$2,446,576$6,300,635
61$9,673,050$3,448,693$2,484,091$6,801,457
62$10,613,856$3,571,834$2,521,464$7,349,172
63$11,649,180$3,699,565$2,558,644$7,948,438
64$12,788,618$3,832,066$2,595,580$8,604,382
65$14,042,743$3,969,522$2,632,217$9,322,651
66$15,423,202$4,112,128$2,668,496$10,109,462
67$16,942,834$4,260,088$2,704,356$10,971,665
68$18,615,782$4,413,611$2,739,731$11,916,799
69$20,457,631$4,572,918$2,774,551$12,953,173
70$22,485,555$4,738,236$2,808,744$14,089,934
71$24,718,476$4,909,804$2,842,231$15,337,160
72$27,177,246$5,087,869$2,874,931$16,705,949
73$29,884,841$5,272,691$2,906,758$18,208,529
74$32,866,580$5,464,538$2,937,619$19,858,366
75$36,150,361$5,663,690$2,967,419$21,670,297
76$39,766,926$5,870,439$2,996,056$23,660,663
77$43,750,151$6,085,090$3,023,423$25,847,469
78$48,137,366$6,307,959$3,049,407$28,250,548
79$52,969,705$6,539,376$3,073,890$30,891,749
80$58,292,496$6,779,687$3,096,746$33,795,144
81$64,155,688$7,029,248$3,117,844$36,987,252
82$70,614,322$7,288,436$3,137,046$40,497,290
83$77,729,052$7,557,638$3,154,206$44,357,449
84$85,566,714$7,837,261$3,169,170$48,603,192
85$94,200,961$8,127,728$3,181,779$53,273,595
86$103,712,953$8,429,482$3,191,864$58,411,707
87$114,192,129$8,742,981$3,199,246$64,064,963
88$125,737,045$9,068,706$3,203,740$70,285,625
89$138,456,309$9,407,157$3,205,150$77,131,276
90$152,469,601$9,758,856$3,203,270$84,665,364
91$167,908,807$10,124,347$3,197,887$92,957,798
92$184,919,262$10,504,197$3,188,773$102,085,605
93$203,661,122$10,898,998$3,175,692$112,133,661
94$224,310,875$11,309,368$3,158,396$123,195,485
95$247,063,007$11,735,949$3,136,625$135,374,126
96$272,131,837$12,179,414$3,110,106$148,783,129
97$299,753,543$12,640,464$3,078,553$163,547,608
98$330,188,387$13,119,830$3,041,667$179,805,428
99$363,723,174$13,618,273$2,999,135$197,708,499
100$400,673,961$14,136,591$2,950,628$217,424,213