Can I retire at age 44 with 1,580,000?

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 $1,580,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$130,475$129,313$128,179$127,072$125,991$124,520
2 years$64,592$63,389$62,223$61,092$59,996$58,515
3 years$42,633$41,425$40,262$39,142$38,064$36,619
4 years$31,656$30,452$29,301$28,200$27,147$25,751
5 years$25,072$23,875$22,738$21,660$20,637$19,292
6 years$20,684$19,495$18,376$17,322$16,329$15,037
7 years$17,550$16,372$15,271$14,241$13,280$12,042
8 years$15,202$14,034$12,951$11,947$11,017$9,832
9 years$13,376$12,219$11,154$10,176$9,278$8,146
10 years$11,916$10,771$9,725$8,772$7,905$6,826
11 years$10,722$9,588$8,561$7,634$6,799$5,771
12 years$9,728$8,606$7,598$6,696$5,892$4,914
13 years$8,888$7,777$6,788$5,912$5,138$4,209
14 years$8,168$7,069$6,099$5,248$4,504$3,623
15 years$7,545$6,458$5,507$4,680$3,965$3,131
16 years$7,000$5,925$4,993$4,190$3,505$2,715
17 years$6,520$5,457$4,543$3,765$3,107$2,362
18 years$6,093$5,042$4,147$3,393$2,763$2,059
19 years$5,712$4,673$3,797$3,066$2,463$1,799
20 years$5,370$4,343$3,484$2,777$2,200$1,575
21 years$5,060$4,045$3,205$2,520$1,969$1,380
22 years$4,779$3,776$2,954$2,291$1,765$1,212
23 years$4,523$3,531$2,727$2,087$1,584$1,065
24 years$4,289$3,309$2,522$1,903$1,424$937
25 years$4,073$3,105$2,336$1,738$1,281$825
26 years$3,875$2,918$2,167$1,589$1,154$727
27 years$3,692$2,746$2,012$1,455$1,040$642
28 years$3,521$2,588$1,870$1,333$939$566
29 years$3,363$2,441$1,741$1,222$848$500
30 years$3,216$2,306$1,621$1,122$766$442
31 years$3,079$2,180$1,512$1,030$692$390
32 years$2,950$2,062$1,410$947$626$345
33 years$2,830$1,953$1,317$871$567$305
34 years$2,716$1,851$1,230$801$513$270
35 years$2,610$1,756$1,150$737$465$239
36 years$2,509$1,666$1,076$679$421$211
37 years$2,415$1,583$1,007$626$382$187
38 years$2,325$1,504$943$577$346$166
39 years$2,240$1,430$884$532$314$147
40 years$2,160$1,361$828$491$285$130
41 years$2,084$1,295$777$453$258$115
42 years$2,012$1,234$728$418$234$102
43 years$1,943$1,175$684$386$213$90
44 years$1,877$1,120$642$356$193$80
45 years$1,815$1,068$603$329$175$71
46 years$1,755$1,019$566$304$159$63
47 years$1,699$973$532$281$144$56
48 years$1,644$929$500$259$131$49
49 years$1,592$887$470$240$119$44
50 years$1,543$847$441$221$108$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,580,000, adding $3,843 every year, while hoping to spend $23,278 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: 48/23/29 Blend
43$1,580,000$1,580,000$1,580,000$1,580,000
44$1,745,124$1,661,384$1,636,894$1,814,267
45$1,898,359$1,718,024$1,666,962$1,920,010
46$2,066,444$1,776,660$1,697,258$2,032,201
47$2,250,869$1,837,363$1,727,763$2,153,600
48$2,453,275$1,900,212$1,758,461$2,285,087
49$2,675,470$1,965,283$1,789,330$2,427,631
50$2,919,446$2,032,660$1,820,351$2,582,299
51$3,187,396$2,102,427$1,851,499$2,750,266
52$3,481,737$2,174,673$1,882,752$2,932,824
53$3,805,132$2,249,490$1,914,082$3,131,396
54$4,160,513$2,326,972$1,945,461$3,347,548
55$4,551,112$2,407,221$1,976,861$3,583,004
56$4,980,488$2,490,337$2,008,248$3,839,662
57$5,452,563$2,576,429$2,039,590$4,119,612
58$5,971,658$2,665,607$2,070,849$4,425,156
59$6,542,533$2,757,987$2,101,988$4,758,830
60$7,170,433$2,853,690$2,132,966$5,123,422
61$7,861,136$2,952,840$2,163,739$5,522,009
62$8,621,009$3,055,567$2,194,262$5,957,974
63$9,457,068$3,162,005$2,224,486$6,435,047
64$10,377,041$3,272,296$2,254,358$6,957,334
65$11,389,445$3,386,584$2,283,825$7,529,360
66$12,503,663$3,505,022$2,312,828$8,156,107
67$13,730,036$3,627,767$2,341,307$8,843,063
68$15,079,955$3,754,982$2,369,196$9,596,276
69$16,565,973$3,886,839$2,396,427$10,422,407
70$18,201,923$4,023,515$2,422,928$11,328,792
71$20,003,046$4,165,194$2,448,623$12,323,517
72$21,986,136$4,312,068$2,473,431$13,415,486
73$24,169,699$4,464,336$2,497,268$14,614,511
74$26,574,125$4,622,206$2,520,044$15,931,402
75$29,221,886$4,785,894$2,541,665$17,378,069
76$32,137,740$4,955,625$2,562,032$18,967,633
77$35,348,971$5,131,631$2,581,042$20,714,551
78$38,885,642$5,314,157$2,598,583$22,634,751
79$42,780,882$5,503,456$2,614,540$24,745,784
80$47,071,198$5,699,791$2,628,793$27,066,988
81$51,796,816$5,903,437$2,641,213$29,619,668
82$57,002,064$6,114,678$2,651,667$32,427,302
83$62,735,790$6,333,812$2,660,013$35,515,757
84$69,051,820$6,561,149$2,666,103$38,913,537
85$76,009,470$6,797,010$2,669,782$42,652,047
86$83,674,103$7,041,730$2,670,887$46,765,895
87$92,117,746$7,295,659$2,669,246$51,293,213
88$101,419,771$7,559,161$2,664,680$56,276,019
89$111,667,641$7,832,614$2,657,001$61,760,614
90$122,957,741$8,116,412$2,646,010$67,798,017
91$135,396,281$8,410,967$2,631,502$74,444,446
92$149,100,302$8,716,705$2,613,258$81,761,850
93$164,198,782$9,034,073$2,591,052$89,818,492
94$180,833,850$9,363,534$2,564,644$98,689,594
95$199,162,129$9,705,574$2,533,786$108,458,045
96$219,356,214$10,060,694$2,498,215$119,215,184
97$241,606,301$10,429,422$2,457,659$131,061,663
98$266,121,983$10,812,303$2,411,830$144,108,395
99$293,134,228$11,209,909$2,360,429$158,477,599
100$322,897,558$11,622,833$2,303,142$174,303,957