Can I retire at age 43 with 2,000,000?

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 $2,000,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$165,158$163,687$162,252$160,851$159,483$155,124
2 years$81,761$80,239$78,763$77,332$75,944$71,585
3 years$53,966$52,437$50,965$49,547$48,182$43,958
4 years$40,071$38,547$37,089$35,696$34,364$30,308
5 years$31,737$30,221$28,783$27,418$26,123$22,247
6 years$26,182$24,678$23,261$21,926$20,670$16,977
7 years$22,216$20,724$19,330$18,027$16,810$13,300
8 years$19,243$17,765$16,393$15,122$13,946$10,617
9 years$16,931$15,467$14,120$12,881$11,744$8,594
10 years$15,083$13,634$12,310$11,103$10,007$7,030
11 years$13,572$12,137$10,837$9,663$8,606$5,799
12 years$12,314$10,894$9,618$8,476$7,458$4,815
13 years$11,250$9,845$8,593$7,483$6,503$4,019
14 years$10,339$8,949$7,721$6,643$5,701$3,369
15 years$9,550$8,175$6,971$5,924$5,020$2,834
16 years$8,861$7,500$6,320$5,304$4,436$2,391
17 years$8,253$6,907$5,751$4,766$3,934$2,022
18 years$7,713$6,383$5,250$4,295$3,497$1,714
19 years$7,231$5,915$4,806$3,881$3,117$1,455
20 years$6,797$5,497$4,411$3,515$2,785$1,237
21 years$6,406$5,120$4,057$3,190$2,492$1,052
22 years$6,050$4,779$3,739$2,900$2,234$897
23 years$5,726$4,470$3,452$2,642$2,005$765
24 years$5,429$4,188$3,193$2,409$1,802$652
25 years$5,156$3,930$2,957$2,200$1,622$557
26 years$4,905$3,694$2,743$2,012$1,461$476
27 years$4,673$3,476$2,547$1,841$1,317$407
28 years$4,458$3,276$2,368$1,687$1,188$348
29 years$4,258$3,090$2,203$1,547$1,073$297
30 years$4,071$2,919$2,052$1,420$970$254
31 years$3,897$2,759$1,913$1,304$877$218
32 years$3,734$2,611$1,785$1,198$793$186
33 years$3,582$2,472$1,667$1,102$718$159
34 years$3,438$2,343$1,557$1,014$650$137
35 years$3,304$2,222$1,456$933$588$117
36 years$3,176$2,109$1,362$860$533$100
37 years$3,057$2,003$1,275$792$483$86
38 years$2,943$1,904$1,194$730$438$73
39 years$2,836$1,811$1,119$673$397$63
40 years$2,734$1,723$1,048$621$360$54
41 years$2,638$1,640$983$573$327$46
42 years$2,546$1,562$922$529$297$40
43 years$2,459$1,488$865$488$269$34
44 years$2,376$1,418$812$451$244$29
45 years$2,297$1,352$763$416$222$25
46 years$2,222$1,290$716$384$201$21
47 years$2,150$1,231$673$355$183$18
48 years$2,081$1,175$632$328$166$16
49 years$2,016$1,122$594$303$151$13
50 years$1,953$1,072$559$280$137$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 43 starting with $2,000,000, adding $5,490 every year, while hoping to spend $21,210 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: 71/19/10 Blend
42$2,000,000$2,000,000$2,000,000$2,000,000
43$2,209,663$2,103,663$2,072,663$2,361,893
44$2,412,481$2,184,175$2,119,530$2,543,875
45$2,635,276$2,267,922$2,167,256$2,739,879
46$2,880,063$2,355,038$2,215,848$2,953,852
47$3,149,062$2,445,667$2,265,311$3,187,562
48$3,444,718$2,539,957$2,315,651$3,442,951
49$3,769,727$2,638,062$2,366,872$3,722,160
50$4,127,056$2,740,145$2,418,980$4,027,543
51$4,519,976$2,846,373$2,471,976$4,361,695
52$4,952,092$2,956,923$2,525,865$4,727,469
53$5,427,372$3,071,978$2,580,648$5,128,008
54$5,950,190$3,191,732$2,636,327$5,566,775
55$6,525,367$3,316,385$2,692,902$6,047,579
56$7,158,213$3,446,145$2,750,371$6,574,616
57$7,854,577$3,581,233$2,808,735$7,152,509
58$8,620,906$3,721,875$2,867,990$7,786,347
59$9,464,303$3,868,312$2,928,133$8,481,733
60$10,392,595$4,020,793$2,989,158$9,244,842
61$11,414,405$4,179,577$3,051,061$10,082,470
62$12,539,236$4,344,937$3,113,832$11,002,108
63$13,777,556$4,517,158$3,177,464$12,012,002
64$15,140,904$4,696,536$3,241,947$13,121,238
65$16,641,992$4,883,381$3,307,267$14,339,823
66$18,294,827$5,078,019$3,373,413$15,678,780
67$20,114,845$5,280,788$3,440,368$17,150,251
68$22,119,054$5,492,041$3,508,115$18,767,614
69$24,326,196$5,712,150$3,576,635$20,545,605
70$26,756,923$5,941,500$3,645,907$22,500,457
71$29,433,992$6,180,496$3,715,908$24,650,053
72$32,382,479$6,429,561$3,786,611$27,014,097
73$35,630,019$6,689,135$3,857,989$29,614,294
74$39,207,059$6,959,682$3,930,010$32,474,557
75$43,147,156$7,241,683$4,002,642$35,621,232
76$47,487,283$7,535,643$4,075,848$39,083,348
77$52,268,185$7,842,088$4,149,588$42,892,883
78$57,534,761$8,161,572$4,223,821$47,085,074
79$63,336,488$8,494,670$4,298,499$51,698,742
80$69,727,885$8,841,984$4,373,575$56,776,661
81$76,769,034$9,204,146$4,448,994$62,365,959
82$84,526,141$9,581,815$4,524,701$68,518,562
83$93,072,163$9,975,679$4,600,633$75,291,685
84$102,487,496$10,386,459$4,676,727$82,748,370
85$112,860,735$10,814,910$4,752,912$90,958,077
86$124,289,509$11,261,820$4,829,114$99,997,343
87$136,881,403$11,728,013$4,905,253$109,950,501
88$150,754,972$12,214,353$4,981,246$120,910,475
89$166,040,864$12,721,740$5,057,001$132,979,656
90$182,883,046$13,251,119$5,132,425$146,270,865
91$201,440,170$13,803,477$5,207,414$160,908,423
92$221,887,066$14,379,847$5,281,862$177,029,314
93$244,416,397$14,981,309$5,355,654$194,784,485
94$269,240,469$15,608,993$5,428,668$214,340,262
95$296,593,246$16,264,083$5,500,777$235,879,925
96$326,732,548$16,947,814$5,571,845$259,605,431
97$359,942,493$17,661,482$5,641,727$285,739,323
98$396,536,175$18,406,442$5,710,272$314,526,827
99$436,858,617$19,184,110$5,777,319$346,238,161
100$481,290,035$19,995,971$5,842,698$381,171,093