Can I retire at age 43 with 1,880,000?

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 $1,880,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$155,249$153,866$152,517$151,200$149,914$146,171
2 years$76,856$75,424$74,037$72,692$71,388$67,640
3 years$50,728$49,291$47,907$46,575$45,291$41,657
4 years$37,667$36,234$34,864$33,554$32,302$28,809
5 years$29,832$28,408$27,056$25,773$24,556$21,213
6 years$24,611$23,197$21,865$20,611$19,430$16,241
7 years$20,883$19,481$18,170$16,945$15,802$12,767
8 years$18,088$16,699$15,410$14,215$13,109$10,227
9 years$15,915$14,539$13,272$12,108$11,040$8,308
10 years$14,178$12,816$11,571$10,437$9,406$6,822
11 years$12,758$11,409$10,187$9,084$8,090$5,649
12 years$11,575$10,240$9,041$7,967$7,010$4,709
13 years$10,575$9,254$8,077$7,034$6,113$3,946
14 years$9,719$8,412$7,257$6,244$5,359$3,322
15 years$8,977$7,684$6,553$5,569$4,718$2,806
16 years$8,329$7,050$5,941$4,986$4,170$2,378
17 years$7,758$6,493$5,406$4,480$3,697$2,020
18 years$7,250$6,000$4,935$4,037$3,288$1,719
19 years$6,797$5,560$4,518$3,648$2,930$1,466
20 years$6,390$5,167$4,146$3,304$2,617$1,252
21 years$6,021$4,813$3,814$2,999$2,342$1,070
22 years$5,687$4,493$3,515$2,726$2,100$916
23 years$5,382$4,202$3,245$2,483$1,885$785
24 years$5,103$3,937$3,001$2,265$1,694$673
25 years$4,847$3,695$2,780$2,068$1,524$577
26 years$4,611$3,472$2,578$1,891$1,373$496
27 years$4,392$3,268$2,394$1,731$1,238$426
28 years$4,190$3,079$2,226$1,586$1,117$366
29 years$4,002$2,905$2,071$1,454$1,009$314
30 years$3,827$2,743$1,929$1,335$911$270
31 years$3,663$2,593$1,799$1,226$824$232
32 years$3,510$2,454$1,678$1,127$745$200
33 years$3,367$2,324$1,567$1,036$675$172
34 years$3,232$2,203$1,464$953$611$148
35 years$3,105$2,089$1,369$877$553$127
36 years$2,986$1,983$1,280$808$501$110
37 years$2,873$1,883$1,198$745$454$94
38 years$2,767$1,790$1,122$686$412$81
39 years$2,666$1,702$1,051$633$373$70
40 years$2,570$1,619$985$584$339$60
41 years$2,480$1,541$924$538$307$52
42 years$2,394$1,468$867$497$279$45
43 years$2,312$1,399$813$459$253$38
44 years$2,234$1,333$764$424$230$33
45 years$2,159$1,271$717$391$209$28
46 years$2,089$1,213$673$361$189$25
47 years$2,021$1,157$633$334$172$21
48 years$1,956$1,105$594$308$156$18
49 years$1,895$1,055$559$285$142$16
50 years$1,836$1,008$525$264$129$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,880,000, adding $2,804 every year, while hoping to spend $51,578 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: 67/21/12 Blend
42$1,880,000$1,880,000$1,880,000$1,880,000
43$2,074,652$1,975,012$1,945,872$2,207,962
44$2,231,388$2,016,909$1,956,180$2,338,969
45$2,402,383$2,059,131$1,965,105$2,475,772
46$2,589,035$2,101,638$1,972,546$2,624,019
47$2,792,887$2,144,388$1,978,396$2,784,826
48$3,015,635$2,187,336$1,982,546$2,959,422
49$3,259,146$2,230,432$1,984,877$3,149,160
50$3,525,476$2,273,620$1,985,268$3,355,532
51$3,816,889$2,316,843$1,983,590$3,580,180
52$4,135,880$2,360,036$1,979,707$3,824,914
53$4,485,191$2,403,129$1,973,479$4,091,728
54$4,867,847$2,446,049$1,964,758$4,382,821
55$5,287,177$2,488,715$1,953,386$4,700,612
56$5,746,847$2,531,040$1,939,203$5,047,771
57$6,250,895$2,572,931$1,922,036$5,427,236
58$6,803,769$2,614,287$1,901,707$5,842,248
59$7,410,368$2,655,001$1,878,028$6,296,377
60$8,076,087$2,694,958$1,850,803$6,793,557
61$8,806,870$2,734,033$1,819,827$7,338,124
62$9,609,264$2,772,094$1,784,885$7,934,856
63$10,490,481$2,808,998$1,745,750$8,589,020
64$11,458,466$2,844,595$1,702,189$9,306,419
65$12,521,971$2,878,722$1,653,954$10,093,449
66$13,690,638$2,911,205$1,600,787$10,957,158
67$14,975,089$2,941,860$1,542,420$11,905,317
68$16,387,026$2,970,489$1,478,569$12,946,486
69$17,939,342$2,996,882$1,408,940$14,090,102
70$19,646,240$3,020,815$1,333,225$15,346,566
71$21,523,370$3,042,049$1,251,102$16,727,339
72$23,587,974$3,060,329$1,162,234$18,245,054
73$25,859,048$3,075,386$1,066,269$19,913,634
74$28,357,522$3,086,931$962,840$21,748,424
75$31,106,457$3,094,658$851,563$23,766,337
76$34,131,262$3,098,243$732,037$25,986,012
77$37,459,933$3,097,340$603,843$28,427,991
78$41,123,319$3,091,582$466,544$31,114,916
79$45,155,408$3,080,580$319,683$34,071,741
80$49,593,651$3,063,920$162,785$37,325,969
81$54,479,316$3,041,164$0$40,907,908
82$59,857,872$3,011,847$0$44,851,563
83$65,779,423$2,975,476$0$49,215,437
84$72,299,179$2,931,529$0$54,019,312
85$79,477,972$2,879,451$0$59,307,983
86$87,382,837$2,818,656$0$65,130,814
87$96,087,639$2,748,522$0$71,542,204
88$105,673,771$2,668,393$0$78,602,106
89$116,230,922$2,577,570$0$86,376,585
90$127,857,922$2,475,318$0$94,938,451
91$140,663,678$2,360,855$0$104,367,940
92$154,768,194$2,233,358$0$114,753,474
93$170,303,710$2,091,954$0$126,192,501
94$187,415,948$1,935,719$0$138,792,407
95$206,265,484$1,763,678$0$152,671,537
96$227,029,265$1,574,800$0$167,960,312
97$249,902,281$1,367,996$0$184,802,458
98$275,099,398$1,142,112$0$203,356,368
99$302,857,395$895,934$0$223,796,595
100$333,437,190$628,176$0$246,315,503