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

Use the below retirement simulation to view the chances of a successful retirement.
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%16.2%
1 years$124,694$123,584$122,500$121,442$120,410$117,356
2 years$61,730$60,580$59,466$58,386$57,338$54,281
3 years$40,744$39,590$38,478$37,408$36,377$33,413
4 years$30,254$29,103$28,002$26,951$25,945$23,096
5 years$23,961$22,817$21,731$20,701$19,723$16,997
6 years$19,767$18,632$17,562$16,554$15,606$13,006
7 years$16,773$15,647$14,594$13,610$12,692$10,219
8 years$14,528$13,412$12,377$11,417$10,529$8,181
9 years$12,783$11,678$10,660$9,725$8,867$6,642
10 years$11,388$10,293$9,294$8,383$7,555$5,450
11 years$10,247$9,164$8,182$7,296$6,498$4,510
12 years$9,297$8,225$7,261$6,399$5,631$3,757
13 years$8,494$7,433$6,488$5,650$4,910$3,147
14 years$7,806$6,756$5,829$5,015$4,304$2,647
15 years$7,211$6,172$5,263$4,473$3,790$2,235
16 years$6,690$5,663$4,772$4,005$3,349$1,892
17 years$6,231$5,215$4,342$3,598$2,970$1,606
18 years$5,823$4,819$3,964$3,243$2,641$1,366
19 years$5,459$4,466$3,629$2,930$2,354$1,164
20 years$5,132$4,150$3,330$2,654$2,102$993
21 years$4,836$3,866$3,063$2,408$1,881$849
22 years$4,568$3,608$2,823$2,190$1,686$726
23 years$4,323$3,375$2,607$1,994$1,514$621
24 years$4,099$3,162$2,411$1,819$1,361$532
25 years$3,893$2,967$2,233$1,661$1,224$456
26 years$3,703$2,789$2,071$1,519$1,103$391
27 years$3,528$2,625$1,923$1,390$994$336
28 years$3,365$2,473$1,788$1,274$897$288
29 years$3,214$2,333$1,664$1,168$810$248
30 years$3,074$2,204$1,549$1,072$732$213
31 years$2,942$2,083$1,445$985$662$183
32 years$2,819$1,971$1,348$905$599$157
33 years$2,704$1,867$1,258$832$542$135
34 years$2,596$1,769$1,176$766$491$116
35 years$2,494$1,678$1,099$705$444$100
36 years$2,398$1,593$1,028$649$403$86
37 years$2,308$1,513$963$598$365$74
38 years$2,222$1,438$901$551$331$63
39 years$2,141$1,367$844$508$300$55
40 years$2,064$1,301$792$469$272$47
41 years$1,992$1,238$742$433$247$40
42 years$1,922$1,179$696$399$224$35
43 years$1,857$1,123$653$368$203$30
44 years$1,794$1,071$613$340$184$26
45 years$1,734$1,021$576$314$167$22
46 years$1,678$974$541$290$152$19
47 years$1,623$930$508$268$138$16
48 years$1,571$887$477$248$125$14
49 years$1,522$847$449$229$114$12
50 years$1,474$809$422$212$103$10

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 $4,381 every year, while hoping to spend $24,239 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: 42/47/11 Blend
43$1,510,000$1,510,000$1,510,000$1,510,000
44$1,668,539$1,588,509$1,565,104$1,733,064
45$1,812,940$1,640,556$1,591,745$1,830,696
46$1,971,257$1,694,341$1,618,466$1,933,583
47$2,144,885$1,749,923$1,645,244$2,044,451
48$2,335,358$1,807,364$1,672,055$2,164,038
49$2,544,369$1,866,729$1,698,872$2,293,156
50$2,773,778$1,928,082$1,725,668$2,432,695
51$3,025,639$1,991,493$1,752,413$2,583,636
52$3,302,210$2,057,033$1,779,076$2,747,057
53$3,605,983$2,124,775$1,805,622$2,924,142
54$3,939,699$2,194,795$1,832,017$3,116,195
55$4,306,381$2,267,172$1,858,221$3,324,647
56$4,709,356$2,341,988$1,884,196$3,551,077
57$5,152,292$2,419,327$1,909,898$3,797,217
58$5,639,229$2,499,277$1,935,283$4,064,977
59$6,174,618$2,581,929$1,960,302$4,356,455
60$6,763,362$2,667,377$1,984,906$4,673,962
61$7,410,864$2,755,718$2,009,039$5,020,040
62$8,123,078$2,847,053$2,032,647$5,397,489
63$8,906,560$2,941,488$2,055,670$5,809,388
64$9,768,539$3,039,129$2,078,044$6,259,128
65$10,716,974$3,140,091$2,099,703$6,750,444
66$11,760,639$3,244,490$2,120,577$7,287,444
67$12,909,200$3,352,446$2,140,592$7,874,653
68$14,173,307$3,464,084$2,159,670$8,517,054
69$15,564,695$3,579,535$2,177,730$9,220,133
70$17,096,295$3,698,932$2,194,684$9,989,931
71$18,782,353$3,822,417$2,210,443$10,833,102
72$20,638,570$3,950,132$2,224,910$11,756,973
73$22,682,245$4,082,229$2,237,984$12,769,611
74$24,932,438$4,218,862$2,249,561$13,879,906
75$27,410,154$4,360,193$2,259,528$15,097,645
76$30,138,537$4,506,390$2,267,770$16,433,609
77$33,143,090$4,657,626$2,274,163$17,899,675
78$36,451,916$4,814,080$2,278,578$19,508,923
79$40,095,981$4,975,940$2,280,881$21,275,763
80$44,109,410$5,143,400$2,280,928$23,216,068
81$48,529,802$5,316,659$2,278,572$25,347,324
82$53,398,594$5,495,927$2,273,656$27,688,794
83$58,761,443$5,681,420$2,266,016$30,261,698
84$64,668,662$5,873,362$2,255,479$33,089,414
85$71,175,695$6,071,986$2,241,867$36,197,699
86$78,343,636$6,277,533$2,224,990$39,614,926
87$86,239,810$6,490,255$2,204,650$43,372,359
88$94,938,405$6,710,412$2,180,641$47,504,439
89$104,521,174$6,938,274$2,152,744$52,049,113
90$115,078,205$7,174,121$2,120,732$57,048,192
91$126,708,774$7,418,245$2,084,369$62,547,738
92$139,522,277$7,670,947$2,043,403$68,598,508
93$153,639,268$7,932,542$1,997,576$75,256,423
94$169,192,592$8,203,355$1,946,613$82,583,099
95$186,328,641$8,483,725$1,890,230$90,646,427
96$205,208,738$8,774,002$1,828,127$99,521,213
97$226,010,653$9,074,553$1,759,994$109,289,881
98$248,930,288$9,385,754$1,685,502$120,043,252
99$274,183,523$9,708,001$1,604,312$131,881,399
100$302,008,251$10,041,703$1,516,065$144,914,590