Can I retire at age 44 with 1,550,000?

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 $1,550,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.4%
1 years$127,998$126,857$125,745$124,659$123,599$122,872
2 years$63,365$62,185$61,041$59,932$58,857$58,123
3 years$41,824$40,639$39,498$38,399$37,341$36,624
4 years$31,055$29,874$28,744$27,664$26,632$25,936
5 years$24,596$23,421$22,307$21,249$20,245$19,573
6 years$20,291$19,125$18,027$16,993$16,019$15,372
7 years$17,217$16,061$14,981$13,971$13,028$12,406
8 years$14,913$13,768$12,705$11,720$10,808$10,211
9 years$13,122$11,987$10,943$9,983$9,102$8,530
10 years$11,690$10,566$9,540$8,605$7,755$7,208
11 years$10,519$9,406$8,399$7,489$6,670$6,146
12 years$9,543$8,443$7,454$6,569$5,780$5,280
13 years$8,719$7,630$6,659$5,799$5,040$4,564
14 years$8,013$6,935$5,984$5,148$4,418$3,965
15 years$7,402$6,335$5,402$4,591$3,890$3,459
16 years$6,867$5,813$4,898$4,111$3,438$3,028
17 years$6,396$5,353$4,457$3,694$3,048$2,660
18 years$5,978$4,947$4,069$3,329$2,711$2,342
19 years$5,604$4,584$3,725$3,008$2,416$2,067
20 years$5,268$4,260$3,418$2,724$2,158$1,828
21 years$4,964$3,968$3,144$2,472$1,931$1,619
22 years$4,689$3,704$2,898$2,248$1,731$1,436
23 years$4,437$3,464$2,676$2,047$1,554$1,276
24 years$4,207$3,246$2,475$1,867$1,397$1,135
25 years$3,996$3,046$2,292$1,705$1,257$1,010
26 years$3,801$2,863$2,126$1,559$1,132$900
27 years$3,621$2,694$1,974$1,427$1,021$803
28 years$3,455$2,539$1,835$1,308$921$717
29 years$3,300$2,395$1,708$1,199$832$640
30 years$3,155$2,262$1,591$1,100$751$572
31 years$3,020$2,138$1,483$1,011$679$511
32 years$2,894$2,023$1,383$929$615$457
33 years$2,776$1,916$1,292$854$556$409
34 years$2,665$1,816$1,207$786$504$366
35 years$2,560$1,722$1,128$723$456$328
36 years$2,462$1,635$1,056$666$413$293
37 years$2,369$1,553$988$614$374$263
38 years$2,281$1,476$925$566$340$235
39 years$2,198$1,403$867$522$308$211
40 years$2,119$1,335$813$481$279$189
41 years$2,044$1,271$762$444$253$170
42 years$1,973$1,210$715$410$230$152
43 years$1,906$1,153$671$378$209$136
44 years$1,842$1,099$629$349$189$122
45 years$1,780$1,048$591$323$172$110
46 years$1,722$1,000$555$298$156$98
47 years$1,666$954$522$275$142$88
48 years$1,613$911$490$254$129$79
49 years$1,562$870$461$235$117$71
50 years$1,513$831$433$217$106$64

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,550,000, adding $4,872 every year, while hoping to spend $34,476 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: 83/8/9 Blend
43$1,550,000$1,550,000$1,550,000$1,550,000
44$1,713,125$1,630,975$1,606,950$1,852,809
45$1,851,182$1,674,211$1,624,101$1,988,128
46$2,002,165$1,718,410$1,640,671$2,131,582
47$2,167,356$1,763,582$1,656,604$2,288,058
48$2,348,168$1,809,739$1,671,841$2,458,842
49$2,546,153$1,856,889$1,686,320$2,645,352
50$2,763,026$1,905,041$1,699,977$2,849,147
51$3,000,670$1,954,204$1,712,742$3,071,947
52$3,261,162$2,004,383$1,724,542$3,315,645
53$3,546,788$2,055,586$1,735,302$3,582,325
54$3,860,068$2,107,817$1,744,942$3,874,285
55$4,203,774$2,161,079$1,753,377$4,194,054
56$4,580,963$2,215,376$1,760,519$4,544,419
57$4,995,000$2,270,708$1,766,275$4,928,449
58$5,449,592$2,327,075$1,770,547$5,349,528
59$5,948,823$2,384,474$1,773,233$5,811,380
60$6,497,192$2,442,903$1,774,226$6,318,110
61$7,099,655$2,502,354$1,773,412$6,874,241
62$7,761,671$2,562,821$1,770,672$7,484,754
63$8,489,255$2,624,292$1,765,883$8,155,138
64$9,289,034$2,686,757$1,758,915$8,891,442
65$10,168,306$2,750,199$1,749,630$9,700,329
66$11,135,116$2,814,602$1,737,885$10,589,141
67$12,198,325$2,879,944$1,723,530$11,565,966
68$13,367,694$2,946,201$1,706,409$12,639,719
69$14,653,981$3,013,348$1,686,356$13,820,220
70$16,069,037$3,081,352$1,663,199$15,118,291
71$17,625,920$3,150,179$1,636,757$16,545,855
72$19,339,017$3,219,790$1,606,841$18,116,053
73$21,224,180$3,290,144$1,573,254$19,843,360
74$23,298,876$3,361,190$1,535,788$21,743,731
75$25,582,351$3,432,878$1,494,226$23,834,745
76$28,095,810$3,505,149$1,448,342$26,135,771
77$30,862,620$3,577,939$1,397,899$28,668,155
78$33,908,528$3,651,178$1,342,649$31,455,417
79$37,261,902$3,724,790$1,282,332$34,523,476
80$40,954,004$3,798,693$1,216,678$37,900,893
81$45,019,279$3,872,795$1,145,404$41,619,140
82$49,495,683$3,946,999$1,068,212$45,712,898
83$54,425,040$4,021,200$984,794$50,220,385
84$59,853,436$4,095,281$894,827$55,183,715
85$65,831,656$4,169,119$797,973$60,649,296
86$72,415,659$4,242,580$693,880$66,668,268
87$79,667,109$4,315,519$582,178$73,296,988
88$87,653,957$4,387,782$462,483$80,597,558
89$96,451,078$4,459,201$334,393$88,638,414
90$106,140,982$4,529,596$197,490$97,494,970
91$116,814,592$4,598,776$51,335$107,250,332
92$128,572,097$4,666,533$0$117,996,081
93$141,523,904$4,732,646$0$129,843,187
94$155,791,675$4,796,879$0$142,898,730
95$171,509,478$4,858,977$0$157,280,379
96$188,825,048$4,918,671$0$173,123,240
97$207,901,187$4,975,670$0$190,576,197
98$228,917,296$5,029,665$0$209,803,314
99$252,071,068$5,080,327$0$230,985,386
100$277,580,358$5,127,304$0$254,321,647