Can I retire at age 43 with 1,950,000?

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 $1,950,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$161,029$159,595$158,195$156,829$155,496$153,936
2 years$79,717$78,233$76,794$75,399$74,046$72,475
3 years$52,617$51,126$49,691$48,309$46,978$45,444
4 years$39,070$37,583$36,162$34,804$33,505$32,021
5 years$30,943$29,466$28,063$26,733$25,470$24,039
6 years$25,527$24,061$22,679$21,378$20,153$18,778
7 years$21,660$20,206$18,847$17,576$16,390$15,071
8 years$18,761$17,320$15,983$14,744$13,597$12,334
9 years$16,508$15,081$13,767$12,559$11,451$10,243
10 years$14,706$13,293$12,002$10,826$9,757$8,604
11 years$13,233$11,834$10,566$9,422$8,391$7,292
12 years$12,006$10,621$9,377$8,264$7,271$6,225
13 years$10,969$9,599$8,378$7,296$6,341$5,346
14 years$10,081$8,725$7,528$6,477$5,558$4,614
15 years$9,312$7,970$6,797$5,776$4,894$3,998
16 years$8,639$7,313$6,162$5,172$4,325$3,477
17 years$8,047$6,735$5,607$4,647$3,835$3,032
18 years$7,520$6,223$5,119$4,188$3,410$2,651
19 years$7,050$5,768$4,686$3,784$3,039$2,323
20 years$6,627$5,359$4,300$3,427$2,715$2,039
21 years$6,245$4,992$3,956$3,110$2,430$1,793
22 years$5,899$4,660$3,646$2,828$2,178$1,579
23 years$5,583$4,358$3,366$2,575$1,955$1,392
24 years$5,293$4,084$3,113$2,349$1,757$1,229
25 years$5,027$3,832$2,883$2,145$1,581$1,085
26 years$4,782$3,602$2,674$1,961$1,424$960
27 years$4,556$3,390$2,483$1,795$1,284$849
28 years$4,346$3,194$2,308$1,645$1,159$752
29 years$4,151$3,013$2,148$1,508$1,046$666
30 years$3,969$2,846$2,001$1,384$945$590
31 years$3,800$2,690$1,865$1,271$855$523
32 years$3,641$2,545$1,741$1,169$773$464
33 years$3,492$2,410$1,625$1,075$700$412
34 years$3,352$2,285$1,518$989$633$366
35 years$3,221$2,167$1,420$910$574$325
36 years$3,097$2,057$1,328$838$520$288
37 years$2,980$1,953$1,243$772$471$256
38 years$2,870$1,856$1,164$712$427$227
39 years$2,765$1,765$1,091$656$387$202
40 years$2,666$1,679$1,022$605$351$180
41 years$2,572$1,599$958$559$319$160
42 years$2,483$1,523$899$515$289$142
43 years$2,398$1,451$844$476$262$126
44 years$2,317$1,383$792$439$238$112
45 years$2,240$1,319$744$406$216$100
46 years$2,166$1,258$698$375$196$89
47 years$2,096$1,200$656$346$178$79
48 years$2,029$1,146$617$320$162$70
49 years$1,965$1,094$580$296$147$62
50 years$1,904$1,045$545$273$134$55

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $1,950,000, adding $4,721 every year, while hoping to spend $44,578 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: 68/27/5 Blend
42$1,950,000$1,950,000$1,950,000$1,950,000
43$2,153,770$2,050,420$2,020,195$2,298,672
44$2,326,024$2,103,460$2,040,441$2,448,228
45$2,514,353$2,157,604$2,059,871$2,605,821
46$2,720,351$2,212,861$2,078,410$2,776,926
47$2,945,772$2,269,236$2,095,982$2,962,856
48$3,192,545$2,326,733$2,112,502$3,165,055
49$3,462,798$2,385,356$2,127,884$3,385,113
50$3,758,872$2,445,108$2,142,037$3,624,780
51$4,083,346$2,505,987$2,154,864$3,885,985
52$4,439,060$2,567,993$2,166,265$4,170,851
53$4,829,142$2,631,122$2,176,132$4,481,714
54$5,257,038$2,695,370$2,184,356$4,821,150
55$5,726,541$2,760,729$2,190,817$5,191,994
56$6,241,832$2,827,188$2,195,393$5,597,370
57$6,807,515$2,894,737$2,197,955$6,040,717
58$7,428,662$2,963,359$2,198,367$6,525,825
59$8,110,859$3,033,038$2,196,486$7,056,868
60$8,860,262$3,103,751$2,192,163$7,638,446
61$9,683,649$3,175,476$2,185,241$8,275,623
62$10,588,491$3,248,184$2,175,556$8,973,981
63$11,583,015$3,321,843$2,162,936$9,739,668
64$12,676,288$3,396,418$2,147,199$10,579,459
65$13,878,296$3,471,870$2,128,157$11,500,816
66$15,200,043$3,548,153$2,105,612$12,511,963
67$16,653,653$3,625,217$2,079,355$13,621,959
68$18,252,482$3,703,009$2,049,170$14,840,787
69$20,011,246$3,781,468$2,014,828$16,179,447
70$21,946,161$3,860,527$1,976,092$17,650,058
71$24,075,090$3,940,114$1,932,712$19,265,974
72$26,417,718$4,020,148$1,884,427$21,041,910
73$28,995,734$4,100,544$1,830,964$22,994,080
74$31,833,034$4,181,207$1,772,037$25,140,350
75$34,955,951$4,262,033$1,707,348$27,500,408
76$38,393,498$4,342,913$1,636,584$30,095,948
77$42,177,644$4,423,725$1,559,418$32,950,876
78$46,343,616$4,504,339$1,475,510$36,091,535
79$50,930,227$4,584,614$1,384,503$39,546,954
80$55,980,250$4,664,399$1,286,023$43,349,119
81$61,540,811$4,743,531$1,179,680$47,533,283
82$67,663,843$4,821,833$1,065,069$52,138,290
83$74,406,568$4,899,117$941,762$57,206,945
84$81,832,044$4,975,179$809,317$62,786,421
85$90,009,753$5,049,803$667,269$68,928,699
86$99,016,259$5,122,755$515,134$75,691,065
87$108,935,933$5,193,785$352,406$83,136,643
88$119,861,743$5,262,626$178,558$91,335,001
89$131,896,139$5,328,992$0$100,362,798
90$145,152,010$5,392,578$0$110,304,888
91$159,753,758$5,453,057$0$121,264,186
92$175,838,466$5,510,081$0$133,333,783
93$193,557,193$5,563,279$0$146,626,771
94$213,076,402$5,612,255$0$161,267,779
95$234,579,525$5,656,586$0$177,394,145
96$258,268,701$5,695,823$0$195,157,216
97$284,366,678$5,729,488$0$214,723,776
98$313,118,918$5,757,071$0$236,277,618
99$344,795,912$5,778,032$0$260,021,287
100$379,695,733$5,791,793$0$286,177,983