Can I retire at age 44 with 1,590,000?

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 $1,590,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$131,301$130,131$128,990$127,876$126,789$122,681
2 years$65,000$63,790$62,617$61,479$60,376$56,276
3 years$42,903$41,687$40,517$39,390$38,305$34,341
4 years$31,857$30,645$29,486$28,378$27,319$23,523
5 years$25,231$24,026$22,882$21,797$20,768$17,148
6 years$20,815$19,619$18,492$17,432$16,433$12,993
7 years$17,662$16,476$15,367$14,331$13,364$10,104
8 years$15,298$14,123$13,033$12,022$11,087$8,004
9 years$13,460$12,296$11,225$10,240$9,337$6,428
10 years$11,991$10,839$9,786$8,827$7,955$5,216
11 years$10,790$9,649$8,616$7,682$6,842$4,266
12 years$9,790$8,661$7,646$6,738$5,929$3,512
13 years$8,944$7,827$6,831$5,949$5,170$2,906
14 years$8,220$7,114$6,138$5,281$4,532$2,414
15 years$7,593$6,499$5,542$4,710$3,991$2,012
16 years$7,044$5,963$5,024$4,217$3,527$1,682
17 years$6,561$5,491$4,572$3,789$3,127$1,409
18 years$6,132$5,074$4,174$3,415$2,781$1,183
19 years$5,749$4,703$3,821$3,085$2,478$994
20 years$5,404$4,370$3,507$2,794$2,214$837
21 years$5,092$4,071$3,225$2,536$1,981$705
22 years$4,810$3,800$2,973$2,306$1,776$595
23 years$4,552$3,554$2,745$2,100$1,594$502
24 years$4,316$3,330$2,538$1,915$1,433$424
25 years$4,099$3,125$2,351$1,749$1,289$358
26 years$3,900$2,937$2,180$1,599$1,161$303
27 years$3,715$2,764$2,025$1,464$1,047$256
28 years$3,544$2,604$1,882$1,341$945$217
29 years$3,385$2,457$1,752$1,230$853$183
30 years$3,237$2,320$1,632$1,129$771$155
31 years$3,098$2,193$1,521$1,037$697$131
32 years$2,969$2,075$1,419$953$630$111
33 years$2,847$1,965$1,325$876$570$94
34 years$2,734$1,863$1,238$806$517$80
35 years$2,626$1,767$1,158$742$468$68
36 years$2,525$1,677$1,083$683$424$57
37 years$2,430$1,593$1,014$630$384$48
38 years$2,340$1,514$949$580$348$41
39 years$2,255$1,439$889$535$316$35
40 years$2,174$1,369$833$494$286$29
41 years$2,097$1,304$782$455$260$25
42 years$2,024$1,241$733$420$236$21
43 years$1,955$1,183$688$388$214$18
44 years$1,889$1,128$646$358$194$15
45 years$1,826$1,075$606$331$176$13
46 years$1,766$1,026$569$306$160$11
47 years$1,709$979$535$282$145$9
48 years$1,655$934$503$261$132$8
49 years$1,602$892$473$241$120$7
50 years$1,552$852$444$223$109$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,590,000, adding $6,173 every year, while hoping to spend $20,010 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: 44/26/30 Blend
43$1,590,000$1,590,000$1,590,000$1,590,000
44$1,758,547$1,674,277$1,649,632$1,820,365
45$1,916,629$1,735,027$1,683,605$1,925,988
46$2,090,164$1,798,082$1,718,044$2,038,053
47$2,280,708$1,863,535$1,752,946$2,159,164
48$2,489,973$1,931,482$1,788,303$2,290,175
49$2,719,848$2,002,022$1,824,109$2,432,027
50$2,972,411$2,075,259$1,860,355$2,585,754
51$3,249,952$2,151,302$1,897,032$2,752,493
52$3,554,994$2,230,263$1,934,129$2,933,494
53$3,890,318$2,312,260$1,971,637$3,130,135
54$4,258,985$2,397,415$2,009,541$3,343,930
55$4,664,369$2,485,856$2,047,829$3,576,546
56$5,110,188$2,577,717$2,086,484$3,829,815
57$5,600,537$2,673,135$2,125,492$4,105,758
58$6,139,929$2,772,256$2,164,833$4,406,596
59$6,733,335$2,875,229$2,204,488$4,734,775
60$7,386,234$2,982,214$2,244,437$5,092,988
61$8,104,660$3,093,372$2,284,655$5,484,198
62$8,895,264$3,208,876$2,325,120$5,911,669
63$9,765,373$3,328,904$2,365,804$6,378,994
64$10,723,061$3,453,640$2,406,679$6,890,132
65$11,777,225$3,583,280$2,447,714$7,449,437
66$12,937,666$3,718,025$2,488,877$8,061,709
67$14,215,186$3,858,086$2,530,132$8,732,232
68$15,621,686$4,003,684$2,571,443$9,466,824
69$17,170,281$4,155,047$2,612,768$10,271,895
70$18,875,420$4,312,415$2,654,067$11,154,504
71$20,753,028$4,476,038$2,695,293$12,122,425
72$22,820,649$4,646,176$2,736,398$13,184,223
73$25,097,618$4,823,102$2,777,330$14,349,331
74$27,605,240$5,007,099$2,818,035$15,628,138
75$30,366,991$5,198,463$2,858,456$17,032,093
76$33,408,740$5,397,504$2,898,530$18,573,802
77$36,758,993$5,604,543$2,938,193$20,267,157
78$40,449,163$5,819,918$2,977,374$22,127,459
79$44,513,864$6,043,980$3,016,003$24,171,565
80$48,991,239$6,277,096$3,054,000$26,418,046
81$53,923,321$6,519,649$3,091,284$28,887,362
82$59,356,427$6,772,039$3,127,769$31,602,054
83$65,341,596$7,034,684$3,163,364$34,586,956
84$71,935,074$7,308,018$3,197,971$37,869,428
85$79,198,839$7,592,498$3,231,490$41,479,616
86$87,201,188$7,888,598$3,263,814$45,450,732
87$96,017,386$8,196,816$3,294,828$49,819,371
88$105,730,368$8,517,669$3,324,413$54,625,851
89$116,431,530$8,851,699$3,352,445$59,914,598
90$128,221,585$9,199,471$3,378,791$65,734,557
91$141,211,518$9,561,577$3,403,312$72,139,663
92$155,523,631$9,938,632$3,425,861$79,189,338
93$171,292,699$10,331,282$3,446,285$86,949,063
94$188,667,240$10,740,201$3,464,421$95,490,982
95$207,810,918$11,166,090$3,480,099$104,894,595
96$228,904,090$11,609,687$3,493,140$115,247,496
97$252,145,503$12,071,758$3,503,357$126,646,206
98$277,754,177$12,553,106$3,510,552$139,197,081
99$305,971,465$13,054,570$3,514,517$153,017,313
100$337,063,336$13,577,027$3,515,036$168,236,038