Can I retire at age 44 with 1,530,000?

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 $1,530,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$126,346$125,221$124,123$123,051$122,004$120,730
2 years$62,548$61,383$60,254$59,159$58,097$56,814
3 years$41,284$40,114$38,988$37,904$36,859$35,607
4 years$30,655$29,488$28,373$27,308$26,288$25,077
5 years$24,278$23,119$22,019$20,975$19,984$18,816
6 years$20,029$18,878$17,795$16,774$15,813$14,690
7 years$16,995$15,854$14,787$13,791$12,860$11,784
8 years$14,721$13,590$12,541$11,569$10,669$9,638
9 years$12,952$11,832$10,801$9,854$8,984$8,000
10 years$11,539$10,430$9,417$8,494$7,655$6,715
11 years$10,383$9,285$8,291$7,392$6,584$5,688
12 years$9,420$8,334$7,358$6,484$5,705$4,853
13 years$8,606$7,531$6,574$5,725$4,975$4,165
14 years$7,910$6,846$5,906$5,082$4,361$3,592
15 years$7,306$6,254$5,333$4,532$3,840$3,110
16 years$6,778$5,738$4,835$4,058$3,394$2,703
17 years$6,313$5,284$4,399$3,646$3,009$2,356
18 years$5,901$4,883$4,016$3,286$2,676$2,058
19 years$5,532$4,525$3,677$2,969$2,385$1,802
20 years$5,200$4,205$3,374$2,689$2,130$1,581
21 years$4,900$3,917$3,104$2,440$1,906$1,389
22 years$4,628$3,656$2,860$2,219$1,709$1,222
23 years$4,380$3,420$2,641$2,021$1,534$1,077
24 years$4,153$3,204$2,443$1,843$1,379$950
25 years$3,945$3,007$2,262$1,683$1,241$838
26 years$3,752$2,826$2,098$1,539$1,117$741
27 years$3,575$2,660$1,948$1,409$1,007$655
28 years$3,410$2,506$1,811$1,291$909$579
29 years$3,257$2,364$1,686$1,184$821$513
30 years$3,114$2,233$1,570$1,086$742$454
31 years$2,981$2,111$1,464$998$671$402
32 years$2,857$1,997$1,366$917$607$356
33 years$2,740$1,891$1,275$843$549$316
34 years$2,630$1,793$1,191$776$497$280
35 years$2,527$1,700$1,114$714$450$249
36 years$2,430$1,614$1,042$658$408$221
37 years$2,338$1,533$975$606$370$196
38 years$2,252$1,457$913$559$335$174
39 years$2,170$1,385$856$515$304$154
40 years$2,092$1,318$802$475$276$137
41 years$2,018$1,254$752$438$250$122
42 years$1,948$1,195$705$404$227$108
43 years$1,881$1,138$662$373$206$96
44 years$1,818$1,085$621$345$187$85
45 years$1,757$1,035$583$318$170$76
46 years$1,700$987$548$294$154$67
47 years$1,645$942$515$272$140$60
48 years$1,592$899$484$251$127$53
49 years$1,542$859$455$232$115$47
50 years$1,494$820$428$214$105$42

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,530,000, adding $6,423 every year, while hoping to spend $24,310 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: 46/32/22 Blend
43$1,530,000$1,530,000$1,530,000$1,530,000
44$1,692,685$1,611,595$1,587,880$1,759,609
45$1,839,474$1,664,698$1,615,209$1,860,332
46$2,000,419$1,719,588$1,642,638$1,966,637
47$2,176,941$1,776,327$1,670,145$2,081,479
48$2,370,602$1,834,979$1,697,707$2,205,665
49$2,583,121$1,895,611$1,725,299$2,340,084
50$2,816,395$1,958,291$1,752,892$2,485,715
51$3,072,512$2,023,092$1,780,458$2,643,632
52$3,353,771$2,090,086$1,807,966$2,815,019
53$3,662,706$2,159,351$1,835,383$3,001,180
54$4,002,108$2,230,965$1,862,675$3,203,548
55$4,375,052$2,305,012$1,889,804$3,423,700
56$4,784,925$2,381,575$1,916,730$3,663,374
57$5,235,460$2,460,745$1,943,413$3,924,482
58$5,730,767$2,542,611$1,969,807$4,209,128
59$6,275,376$2,627,270$1,995,866$4,519,629
60$6,874,277$2,714,819$2,021,541$4,858,538
61$7,532,968$2,805,360$2,046,778$5,228,664
62$8,257,508$2,899,000$2,071,522$5,633,101
63$9,054,571$2,995,848$2,095,715$6,075,255
64$9,931,510$3,096,017$2,119,294$6,558,879
65$10,896,428$3,199,626$2,142,194$7,088,104
66$11,958,253$3,306,797$2,164,347$7,667,482
67$13,126,821$3,417,657$2,185,679$8,302,026
68$14,412,971$3,532,336$2,206,113$8,997,255
69$15,828,646$3,650,972$2,225,570$9,759,253
70$17,387,004$3,773,706$2,243,963$10,594,718
71$19,102,546$3,900,685$2,261,203$11,511,028
72$20,991,248$4,032,061$2,277,196$12,516,313
73$23,070,716$4,167,992$2,291,842$13,619,528
74$25,360,347$4,308,642$2,305,037$14,830,537
75$27,881,518$4,454,182$2,316,672$16,160,209
76$30,657,783$4,604,786$2,326,630$17,620,517
77$33,715,095$4,760,639$2,334,791$19,224,651
78$37,082,056$4,921,931$2,341,027$20,987,145
79$40,790,179$5,088,859$2,345,204$22,924,010
80$44,874,191$5,261,628$2,347,183$25,052,886
81$49,372,361$5,440,450$2,346,816$27,393,210
82$54,326,855$5,625,545$2,343,948$29,966,398
83$59,784,141$5,817,144$2,338,417$32,796,043
84$65,795,423$6,015,483$2,330,053$35,908,144
85$72,417,124$6,220,810$2,318,678$39,331,345
86$79,711,422$6,433,380$2,304,104$43,097,210
87$87,746,832$6,653,461$2,286,137$47,240,515
88$96,598,856$6,881,328$2,264,570$51,799,580
89$106,350,696$7,117,269$2,239,189$56,816,628
90$117,094,033$7,361,582$2,209,769$62,338,186
91$128,929,902$7,614,577$2,176,073$68,415,518
92$141,969,636$7,876,575$2,137,856$75,105,115
93$156,335,922$8,147,911$2,094,857$82,469,224
94$172,163,959$8,428,932$2,046,808$90,576,433
95$189,602,732$8,719,999$1,993,425$99,502,324
96$208,816,419$9,021,486$1,934,413$109,330,181
97$229,985,939$9,333,784$1,869,461$120,151,775
98$253,310,662$9,657,297$1,798,246$132,068,235
99$279,010,292$9,992,447$1,720,429$145,190,996
100$307,326,935$10,339,670$1,635,656$159,642,853