Can I retire at age 44 with 1,510,000?

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 $1,510,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$124,694$123,584$122,500$121,442$120,410$116,184
2 years$61,730$60,580$59,466$58,386$57,338$53,125
3 years$40,744$39,590$38,478$37,408$36,377$32,309
4 years$30,254$29,103$28,002$26,951$25,945$22,053
5 years$23,961$22,817$21,731$20,701$19,723$16,017
6 years$19,767$18,632$17,562$16,554$15,606$12,090
7 years$16,773$15,647$14,594$13,610$12,692$9,364
8 years$14,528$13,412$12,377$11,417$10,529$7,387
9 years$12,783$11,678$10,660$9,725$8,867$5,907
10 years$11,388$10,293$9,294$8,383$7,555$4,772
11 years$10,247$9,164$8,182$7,296$6,498$3,886
12 years$9,297$8,225$7,261$6,399$5,631$3,184
13 years$8,494$7,433$6,488$5,650$4,910$2,622
14 years$7,806$6,756$5,829$5,015$4,304$2,168
15 years$7,211$6,172$5,263$4,473$3,790$1,798
16 years$6,690$5,663$4,772$4,005$3,349$1,495
17 years$6,231$5,215$4,342$3,598$2,970$1,246
18 years$5,823$4,819$3,964$3,243$2,641$1,040
19 years$5,459$4,466$3,629$2,930$2,354$870
20 years$5,132$4,150$3,330$2,654$2,102$728
21 years$4,836$3,866$3,063$2,408$1,881$610
22 years$4,568$3,608$2,823$2,190$1,686$512
23 years$4,323$3,375$2,607$1,994$1,514$430
24 years$4,099$3,162$2,411$1,819$1,361$361
25 years$3,893$2,967$2,233$1,661$1,224$303
26 years$3,703$2,789$2,071$1,519$1,103$255
27 years$3,528$2,625$1,923$1,390$994$214
28 years$3,365$2,473$1,788$1,274$897$180
29 years$3,214$2,333$1,664$1,168$810$152
30 years$3,074$2,204$1,549$1,072$732$128
31 years$2,942$2,083$1,445$985$662$107
32 years$2,819$1,971$1,348$905$599$90
33 years$2,704$1,867$1,258$832$542$76
34 years$2,596$1,769$1,176$766$491$64
35 years$2,494$1,678$1,099$705$444$54
36 years$2,398$1,593$1,028$649$403$45
37 years$2,308$1,513$963$598$365$38
38 years$2,222$1,438$901$551$331$32
39 years$2,141$1,367$844$508$300$27
40 years$2,064$1,301$792$469$272$23
41 years$1,992$1,238$742$433$247$19
42 years$1,922$1,179$696$399$224$16
43 years$1,857$1,123$653$368$203$14
44 years$1,794$1,071$613$340$184$12
45 years$1,734$1,021$576$314$167$10
46 years$1,678$974$541$290$152$8
47 years$1,623$930$508$268$138$7
48 years$1,571$887$477$248$125$6
49 years$1,522$847$449$229$114$5
50 years$1,474$809$422$212$103$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,510,000, adding $2,406 every year, while hoping to spend $39,440 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: 59/11/30 Blend
43$1,510,000$1,510,000$1,510,000$1,510,000
44$1,666,502$1,586,472$1,563,067$1,751,030
45$1,794,521$1,622,245$1,573,466$1,844,979
46$1,934,277$1,658,449$1,582,891$1,943,045
47$2,086,924$1,695,064$1,591,269$2,049,219
48$2,253,734$1,732,067$1,598,521$2,164,300
49$2,436,109$1,769,431$1,604,565$2,289,171
50$2,635,589$1,807,131$1,609,315$2,424,805
51$2,853,872$1,845,134$1,612,680$2,572,274
52$3,092,829$1,883,407$1,614,566$2,732,761
53$3,354,516$1,921,912$1,614,873$2,907,567
54$3,641,202$1,960,611$1,613,496$3,098,131
55$3,955,382$1,999,458$1,610,326$3,306,036
56$4,299,805$2,038,407$1,605,247$3,533,029
57$4,677,501$2,077,404$1,598,138$3,781,036
58$5,091,804$2,116,395$1,588,873$4,052,179
59$5,546,387$2,155,317$1,577,320$4,348,799
60$6,045,298$2,194,107$1,563,339$4,673,476
61$6,592,992$2,232,692$1,546,785$5,029,055
62$7,194,380$2,270,997$1,527,505$5,418,672
63$7,854,870$2,308,939$1,505,340$5,845,784
64$8,580,420$2,346,430$1,480,122$6,314,204
65$9,377,593$2,383,376$1,451,676$6,828,134
66$10,253,620$2,419,673$1,419,820$7,392,206
67$11,216,466$2,455,214$1,384,361$8,011,528
68$12,274,908$2,489,882$1,345,098$8,691,731
69$13,438,612$2,523,550$1,301,823$9,439,020
70$14,718,232$2,556,085$1,254,316$10,260,238
71$16,125,503$2,587,345$1,202,347$11,162,929
72$17,673,356$2,617,176$1,145,676$12,155,406
73$19,376,035$2,645,414$1,084,053$13,246,837
74$21,249,237$2,671,886$1,017,216$14,447,326
75$23,310,256$2,696,406$944,890$15,768,010
76$25,578,148$2,718,775$866,789$17,221,168
77$28,073,908$2,738,784$782,615$18,820,333
78$30,820,669$2,756,206$692,055$20,580,423
79$33,843,921$2,770,804$594,783$22,517,885
80$37,171,750$2,782,323$490,457$24,650,843
81$40,835,104$2,790,492$378,723$26,999,278
82$44,868,083$2,795,025$259,209$29,585,213
83$49,308,261$2,795,615$131,526$32,432,923
84$54,197,042$2,791,939$0$35,569,165
85$59,580,048$2,783,651$0$39,024,947
86$65,507,550$2,770,387$0$42,876,289
87$72,034,943$2,751,759$0$47,117,014
88$79,223,267$2,727,355$0$51,786,763
89$87,139,784$2,696,740$0$56,929,215
90$95,858,612$2,659,450$0$62,592,507
91$105,461,424$2,614,995$0$68,829,682
92$116,038,216$2,562,858$0$75,699,194
93$127,688,163$2,502,487$0$83,265,459
94$140,520,548$2,433,300$0$91,599,462
95$154,655,793$2,354,681$0$100,779,428
96$170,226,601$2,265,978$0$110,891,560
97$187,379,203$2,166,500$0$122,030,853
98$206,274,739$2,055,516$0$134,301,991
99$227,090,780$1,932,254$0$147,820,338
100$250,023,002$1,795,896$0$162,713,022