Can I retire at age 44 with 1,610,000?

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 $1,610,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$132,952$131,768$130,613$129,485$128,384$126,517
2 years$65,818$64,592$63,404$62,252$61,135$59,259
3 years$43,443$42,212$41,027$39,886$38,787$36,959
4 years$32,257$31,030$29,857$28,735$27,663$25,897
5 years$25,548$24,328$23,170$22,072$21,029$19,331
6 years$21,076$19,866$18,725$17,651$16,639$15,011
7 years$17,884$16,683$15,561$14,512$13,532$11,974
8 years$15,490$14,300$13,197$12,173$11,226$9,738
9 years$13,630$12,451$11,366$10,369$9,454$8,035
10 years$12,142$10,975$9,909$8,938$8,055$6,704
11 years$10,926$9,770$8,724$7,779$6,928$5,643
12 years$9,913$8,769$7,742$6,823$6,004$4,784
13 years$9,056$7,925$6,917$6,024$5,235$4,079
14 years$8,323$7,204$6,215$5,347$4,589$3,494
15 years$7,688$6,581$5,611$4,769$4,041$3,006
16 years$7,133$6,038$5,088$4,270$3,571$2,594
17 years$6,644$5,560$4,630$3,837$3,166$2,245
18 years$6,209$5,138$4,226$3,458$2,815$1,947
19 years$5,821$4,762$3,869$3,124$2,509$1,693
20 years$5,472$4,425$3,551$2,830$2,242$1,474
21 years$5,157$4,122$3,266$2,568$2,006$1,286
22 years$4,870$3,847$3,010$2,335$1,798$1,123
23 years$4,609$3,598$2,779$2,126$1,614$981
24 years$4,370$3,372$2,570$1,939$1,451$859
25 years$4,151$3,164$2,381$1,771$1,305$752
26 years$3,949$2,974$2,208$1,619$1,176$659
27 years$3,762$2,799$2,050$1,482$1,060$578
28 years$3,588$2,637$1,906$1,358$957$507
29 years$3,427$2,488$1,774$1,245$864$445
30 years$3,277$2,349$1,652$1,143$780$391
31 years$3,137$2,221$1,540$1,050$706$344
32 years$3,006$2,102$1,437$965$638$302
33 years$2,883$1,990$1,342$887$578$266
34 years$2,768$1,886$1,254$816$523$234
35 years$2,659$1,789$1,172$751$474$206
36 years$2,557$1,698$1,096$692$429$181
37 years$2,461$1,613$1,026$638$389$159
38 years$2,369$1,533$961$588$353$140
39 years$2,283$1,457$900$542$320$123
40 years$2,201$1,387$844$500$290$108
41 years$2,123$1,320$791$461$263$96
42 years$2,050$1,257$742$426$239$84
43 years$1,980$1,198$697$393$217$74
44 years$1,913$1,142$654$363$197$65
45 years$1,849$1,089$614$335$179$57
46 years$1,789$1,039$577$309$162$51
47 years$1,731$991$542$286$147$45
48 years$1,675$946$509$264$134$39
49 years$1,623$904$479$244$121$35
50 years$1,572$863$450$226$110$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,610,000, adding $2,844 every year, while hoping to spend $52,414 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: 67/16/17 Blend
43$1,610,000$1,610,000$1,610,000$1,610,000
44$1,777,154$1,691,824$1,666,869$1,888,720
45$1,902,655$1,718,955$1,666,941$1,990,755
46$2,039,201$1,745,659$1,665,258$2,095,903
47$2,187,863$1,771,859$1,661,708$2,209,587
48$2,349,819$1,797,475$1,656,169$2,332,645
49$2,526,367$1,822,417$1,648,517$2,465,997
50$2,718,933$1,846,593$1,638,619$2,610,659
51$2,929,091$1,869,902$1,626,339$2,767,749
52$3,158,568$1,892,237$1,611,532$2,938,501
53$3,409,269$1,913,484$1,594,045$3,124,277
54$3,683,291$1,933,521$1,573,722$3,326,574
55$3,982,940$1,952,217$1,550,395$3,547,047
56$4,310,758$1,969,434$1,523,892$3,787,517
57$4,669,543$1,985,023$1,494,029$4,049,995
58$5,062,375$1,998,828$1,460,618$4,336,694
59$5,492,646$2,010,680$1,423,458$4,650,056
60$5,964,094$2,020,401$1,382,342$4,992,775
61$6,480,832$2,027,801$1,337,050$5,367,817
62$7,047,392$2,032,678$1,287,357$5,778,454
63$7,668,765$2,034,818$1,233,022$6,228,295
64$8,350,448$2,033,993$1,173,797$6,721,316
65$9,098,495$2,029,961$1,109,421$7,261,902
66$9,919,577$2,022,465$1,039,622$7,854,885
67$10,821,040$2,011,231$964,116$8,505,596
68$11,810,977$1,995,972$882,604$9,219,908
69$12,898,302$1,976,381$794,777$10,004,298
70$14,092,837$1,952,131$700,310$10,865,906
71$15,405,399$1,922,879$598,863$11,812,602
72$16,847,909$1,888,258$490,084$12,853,064
73$18,433,496$1,847,883$373,602$13,996,857
74$20,176,626$1,801,343$249,032$15,254,525
75$22,093,238$1,748,205$115,970$16,637,692
76$24,200,889$1,688,008$0$18,159,173
77$26,518,927$1,620,268$0$19,837,815
78$29,068,665$1,544,468$0$21,707,221
79$31,873,588$1,460,066$0$23,763,584
80$34,959,570$1,366,486$0$26,025,908
81$38,355,121$1,263,119$0$28,515,142
82$42,091,654$1,149,322$0$31,254,371
83$46,203,778$1,024,414$0$34,269,033
84$50,729,630$887,678$0$37,587,165
85$55,711,231$738,353$0$41,239,665
86$61,194,882$575,637$0$45,260,584
87$67,231,599$398,682$0$49,687,446
88$73,877,600$206,595$0$54,561,607
89$81,194,826$0$0$59,928,644
90$89,251,533$0$0$65,839,060
91$98,122,931$0$0$72,387,312
92$107,891,896$0$0$79,598,216
93$118,649,749$0$0$87,539,194
94$130,497,118$0$0$96,284,544
95$143,544,890$0$0$105,916,135
96$157,915,252$0$0$116,524,181
97$173,742,848$0$0$128,208,092
98$191,176,046$0$0$141,077,414
99$210,378,340$0$0$155,252,857
100$231,529,891$0$0$170,867,440