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%16.5%
1 years$127,998$126,857$125,745$124,659$123,599$120,318
2 years$63,365$62,185$61,041$59,932$58,857$55,574
3 years$41,824$40,639$39,498$38,399$37,341$34,160
4 years$31,055$29,874$28,744$27,664$26,632$23,576
5 years$24,596$23,421$22,307$21,249$20,245$17,323
6 years$20,291$19,125$18,027$16,993$16,019$13,234
7 years$17,217$16,061$14,981$13,971$13,028$10,380
8 years$14,913$13,768$12,705$11,720$10,808$8,295
9 years$13,122$11,987$10,943$9,983$9,102$6,723
10 years$11,690$10,566$9,540$8,605$7,755$5,506
11 years$10,519$9,406$8,399$7,489$6,670$4,548
12 years$9,543$8,443$7,454$6,569$5,780$3,781
13 years$8,719$7,630$6,659$5,799$5,040$3,160
14 years$8,013$6,935$5,984$5,148$4,418$2,653
15 years$7,402$6,335$5,402$4,591$3,890$2,235
16 years$6,867$5,813$4,898$4,111$3,438$1,888
17 years$6,396$5,353$4,457$3,694$3,048$1,599
18 years$5,978$4,947$4,069$3,329$2,711$1,357
19 years$5,604$4,584$3,725$3,008$2,416$1,154
20 years$5,268$4,260$3,418$2,724$2,158$982
21 years$4,964$3,968$3,144$2,472$1,931$837
22 years$4,689$3,704$2,898$2,248$1,731$714
23 years$4,437$3,464$2,676$2,047$1,554$610
24 years$4,207$3,246$2,475$1,867$1,397$522
25 years$3,996$3,046$2,292$1,705$1,257$446
26 years$3,801$2,863$2,126$1,559$1,132$382
27 years$3,621$2,694$1,974$1,427$1,021$327
28 years$3,455$2,539$1,835$1,308$921$280
29 years$3,300$2,395$1,708$1,199$832$240
30 years$3,155$2,262$1,591$1,100$751$205
31 years$3,020$2,138$1,483$1,011$679$176
32 years$2,894$2,023$1,383$929$615$151
33 years$2,776$1,916$1,292$854$556$129
34 years$2,665$1,816$1,207$786$504$111
35 years$2,560$1,722$1,128$723$456$95
36 years$2,462$1,635$1,056$666$413$82
37 years$2,369$1,553$988$614$374$70
38 years$2,281$1,476$925$566$340$60
39 years$2,198$1,403$867$522$308$52
40 years$2,119$1,335$813$481$279$44
41 years$2,044$1,271$762$444$253$38
42 years$1,973$1,210$715$410$230$33
43 years$1,906$1,153$671$378$209$28
44 years$1,842$1,099$629$349$189$24
45 years$1,780$1,048$591$323$172$21
46 years$1,722$1,000$555$298$156$18
47 years$1,666$954$522$275$142$15
48 years$1,613$911$490$254$129$13
49 years$1,562$870$461$235$117$11
50 years$1,513$831$433$217$106$10

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 $5,182 every year, while hoping to spend $26,772 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: 57/23/20 Blend
43$1,550,000$1,550,000$1,550,000$1,550,000
44$1,713,445$1,631,295$1,607,270$1,801,682
45$1,859,731$1,682,743$1,632,629$1,913,800
46$2,020,042$1,735,815$1,657,939$2,032,601
47$2,195,778$1,790,562$1,683,172$2,161,483
48$2,388,484$1,847,037$1,708,296$2,301,421
49$2,599,862$1,905,295$1,733,276$2,453,490
50$2,831,785$1,965,391$1,758,077$2,618,873
51$3,086,316$2,027,384$1,782,662$2,798,873
52$3,365,728$2,091,334$1,806,989$2,994,923
53$3,672,526$2,157,302$1,831,017$3,208,602
54$4,009,467$2,225,353$1,854,699$3,441,650
55$4,379,589$2,295,553$1,877,988$3,695,980
56$4,786,241$2,367,968$1,900,835$3,973,701
57$5,233,109$2,442,670$1,923,184$4,277,136
58$5,724,256$2,519,731$1,944,980$4,608,841
59$6,264,157$2,599,224$1,966,164$4,971,635
60$6,857,742$2,681,228$1,986,672$5,368,619
61$7,510,445$2,765,821$2,006,438$5,803,212
62$8,228,249$2,853,085$2,025,393$6,279,178
63$9,017,749$2,943,105$2,043,462$6,800,664
64$9,886,210$3,035,968$2,060,569$7,372,240
65$10,841,637$3,131,763$2,076,631$7,998,937
66$11,892,849$3,230,584$2,091,563$8,686,302
67$13,049,563$3,332,527$2,105,274$9,440,441
68$14,322,487$3,437,689$2,117,670$10,268,085
69$15,723,418$3,546,173$2,128,649$11,176,648
70$17,265,355$3,658,084$2,138,107$12,174,300
71$18,962,621$3,773,531$2,145,934$13,270,041
72$20,830,999$3,892,624$2,152,013$14,473,787
73$22,887,879$4,015,480$2,156,223$15,796,465
74$25,152,422$4,142,218$2,158,436$17,250,113
75$27,645,742$4,272,960$2,158,517$18,847,996
76$30,391,106$4,407,834$2,156,326$20,604,730
77$33,414,151$4,546,969$2,151,714$22,536,420
78$36,743,125$4,690,501$2,144,527$24,660,811
79$40,409,158$4,838,570$2,134,603$26,997,456
80$44,446,550$4,991,318$2,121,771$29,567,900
81$48,893,100$5,148,894$2,105,851$32,395,886
82$53,790,457$5,311,451$2,086,659$35,507,574
83$59,184,518$5,479,147$2,063,996$38,931,790
84$65,125,857$5,652,143$2,037,658$42,700,299
85$71,670,205$5,830,609$2,007,431$46,848,106
86$78,878,975$6,014,717$1,973,088$51,413,779
87$86,819,838$6,204,647$1,934,395$56,439,823
88$95,567,369$6,400,582$1,891,104$61,973,074
89$105,203,743$6,602,713$1,842,959$68,065,141
90$115,819,515$6,811,236$1,789,688$74,772,899
91$127,514,473$7,026,354$1,731,010$82,159,018
92$140,398,580$7,248,276$1,666,629$90,292,561
93$154,593,011$7,477,217$1,596,237$99,249,631
94$170,231,298$7,713,400$1,519,511$109,114,092
95$187,460,589$7,957,055$1,436,113$119,978,359
96$206,443,037$8,208,419$1,345,691$131,944,272
97$227,357,331$8,467,736$1,247,876$145,124,056
98$250,400,381$8,735,258$1,142,282$159,641,379
99$275,789,180$9,011,246$1,028,509$175,632,524
100$303,762,848$9,295,968$906,135$193,247,667