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

Use the below retirement simulation to view the chances of a successful retirement.
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%11.8%
1 years$132,952$131,768$130,613$129,485$128,384$127,414
2 years$65,818$64,592$63,404$62,252$61,135$60,158
3 years$43,443$42,212$41,027$39,886$38,787$37,832
4 years$32,257$31,030$29,857$28,735$27,663$26,738
5 years$25,548$24,328$23,170$22,072$21,029$20,136
6 years$21,076$19,866$18,725$17,651$16,639$15,780
7 years$17,884$16,683$15,561$14,512$13,532$12,707
8 years$15,490$14,300$13,197$12,173$11,226$10,435
9 years$13,630$12,451$11,366$10,369$9,454$8,697
10 years$12,142$10,975$9,909$8,938$8,055$7,331
11 years$10,926$9,770$8,724$7,779$6,928$6,236
12 years$9,913$8,769$7,742$6,823$6,004$5,344
13 years$9,056$7,925$6,917$6,024$5,235$4,607
14 years$8,323$7,204$6,215$5,347$4,589$3,992
15 years$7,688$6,581$5,611$4,769$4,041$3,473
16 years$7,133$6,038$5,088$4,270$3,571$3,033
17 years$6,644$5,560$4,630$3,837$3,166$2,656
18 years$6,209$5,138$4,226$3,458$2,815$2,332
19 years$5,821$4,762$3,869$3,124$2,509$2,052
20 years$5,472$4,425$3,551$2,830$2,242$1,810
21 years$5,157$4,122$3,266$2,568$2,006$1,598
22 years$4,870$3,847$3,010$2,335$1,798$1,414
23 years$4,609$3,598$2,779$2,126$1,614$1,252
24 years$4,370$3,372$2,570$1,939$1,451$1,110
25 years$4,151$3,164$2,381$1,771$1,305$985
26 years$3,949$2,974$2,208$1,619$1,176$875
27 years$3,762$2,799$2,050$1,482$1,060$778
28 years$3,588$2,637$1,906$1,358$957$692
29 years$3,427$2,488$1,774$1,245$864$616
30 years$3,277$2,349$1,652$1,143$780$549
31 years$3,137$2,221$1,540$1,050$706$489
32 years$3,006$2,102$1,437$965$638$436
33 years$2,883$1,990$1,342$887$578$389
34 years$2,768$1,886$1,254$816$523$347
35 years$2,659$1,789$1,172$751$474$309
36 years$2,557$1,698$1,096$692$429$276
37 years$2,461$1,613$1,026$638$389$246
38 years$2,369$1,533$961$588$353$220
39 years$2,283$1,457$900$542$320$197
40 years$2,201$1,387$844$500$290$176
41 years$2,123$1,320$791$461$263$157
42 years$2,050$1,257$742$426$239$140
43 years$1,980$1,198$697$393$217$125
44 years$1,913$1,142$654$363$197$112
45 years$1,849$1,089$614$335$179$100
46 years$1,789$1,039$577$309$162$89
47 years$1,731$991$542$286$147$80
48 years$1,675$946$509$264$134$71
49 years$1,623$904$479$244$121$64
50 years$1,572$863$450$226$110$57

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 $4,878 every year, while hoping to spend $54,820 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: 32/46/22 Blend
43$1,610,000$1,610,000$1,610,000$1,610,000
44$1,779,252$1,693,922$1,668,967$1,823,978
45$1,902,407$1,718,596$1,666,549$1,882,728
46$2,036,287$1,742,642$1,662,213$1,940,671
47$2,181,928$1,765,970$1,655,837$2,001,956
48$2,340,469$1,788,487$1,647,292$2,066,909
49$2,513,165$1,810,091$1,636,444$2,135,893
50$2,701,396$1,830,674$1,623,153$2,209,310
51$2,906,681$1,850,119$1,607,271$2,287,608
52$3,130,692$1,868,304$1,588,644$2,371,282
53$3,375,269$1,885,098$1,567,110$2,460,880
54$3,642,438$1,900,360$1,542,500$2,557,010
55$3,934,430$1,913,940$1,514,636$2,660,348
56$4,253,699$1,925,681$1,483,334$2,771,640
57$4,602,949$1,935,412$1,448,399$2,891,714
58$4,985,157$1,942,955$1,409,628$3,021,486
59$5,403,601$1,948,117$1,366,808$3,161,974
60$5,861,890$1,950,696$1,319,717$3,314,299
61$6,363,998$1,950,476$1,268,124$3,479,709
62$6,914,304$1,947,227$1,211,783$3,659,580
63$7,517,628$1,940,706$1,150,443$3,855,437
64$8,179,280$1,930,655$1,083,837$4,068,968
65$8,905,108$1,916,799$1,011,687$4,302,041
66$9,701,555$1,898,847$933,704$4,556,720
67$10,575,715$1,876,492$849,585$4,835,291
68$11,535,404$1,849,406$759,012$5,140,280
69$12,589,232$1,817,244$661,656$5,474,480
70$13,746,683$1,779,638$557,170$5,840,983
71$15,018,204$1,736,200$445,195$6,243,201
72$16,415,305$1,686,518$325,354$6,684,910
73$17,950,666$1,630,157$197,253$7,170,283
74$19,638,255$1,566,656$60,482$7,703,928
75$21,493,461$1,495,527$0$8,290,942
76$23,533,240$1,416,254$0$8,957,017
77$25,776,271$1,328,291$0$9,704,762
78$28,243,135$1,231,061$0$10,526,942
79$30,956,505$1,123,953$0$11,431,259
80$33,941,365$1,006,324$0$12,426,210
81$37,225,241$877,490$0$13,521,172
82$40,838,461$736,732$0$14,726,491
83$44,814,441$583,289$0$16,053,584
84$49,190,000$416,356$0$17,515,045
85$54,005,707$235,085$0$19,124,771
86$59,306,264$38,579$0$20,898,090
87$65,140,925$0$0$22,851,915
88$71,563,962$0$0$25,093,031
89$78,635,177$0$0$27,582,110
90$86,420,464$0$0$30,322,858
91$94,992,431$0$0$33,340,875
92$104,431,088$0$0$36,664,369
93$114,824,595$0$0$40,324,426
94$126,270,097$0$0$44,355,297
95$138,874,643$0$0$48,794,728
96$152,756,190$0$0$53,684,308
97$168,044,719$0$0$59,069,871
98$184,883,462$0$0$65,001,918
99$203,430,248$0$0$71,536,102
100$223,859,000$0$0$78,733,749