Can I retire at age 44 with 1,630,000?

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 $1,630,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$134,604$133,405$132,235$131,093$129,978$128,568
2 years$66,636$65,395$64,192$63,026$61,895$60,474
3 years$43,982$42,736$41,536$40,381$39,268$37,882
4 years$32,658$31,416$30,228$29,092$28,007$26,665
5 years$25,865$24,630$23,458$22,346$21,290$19,998
6 years$21,338$20,112$18,958$17,870$16,846$15,605
7 years$18,106$16,890$15,754$14,692$13,700$12,510
8 years$15,683$14,478$13,361$12,325$11,366$10,226
9 years$13,799$12,606$11,507$10,498$9,572$8,483
10 years$12,293$11,111$10,032$9,049$8,156$7,117
11 years$11,061$9,892$8,832$7,876$7,014$6,024
12 years$10,036$8,878$7,839$6,908$6,078$5,136
13 years$9,169$8,023$7,003$6,099$5,300$4,405
14 years$8,426$7,293$6,292$5,414$4,646$3,797
15 years$7,784$6,662$5,681$4,828$4,091$3,286
16 years$7,222$6,113$5,151$4,323$3,616$2,853
17 years$6,726$5,629$4,687$3,884$3,206$2,485
18 years$6,286$5,202$4,279$3,500$2,850$2,170
19 years$5,893$4,821$3,917$3,163$2,541$1,898
20 years$5,540$4,480$3,595$2,865$2,269$1,664
21 years$5,221$4,173$3,306$2,600$2,031$1,461
22 years$4,931$3,895$3,047$2,364$1,820$1,285
23 years$4,666$3,643$2,814$2,153$1,634$1,131
24 years$4,425$3,413$2,602$1,964$1,469$997
25 years$4,202$3,203$2,410$1,793$1,322$879
26 years$3,998$3,011$2,235$1,640$1,190$776
27 years$3,808$2,833$2,076$1,501$1,073$685
28 years$3,633$2,670$1,930$1,375$968$606
29 years$3,470$2,519$1,796$1,261$875$536
30 years$3,318$2,379$1,673$1,157$790$474
31 years$3,176$2,249$1,559$1,063$714$420
32 years$3,043$2,128$1,455$977$646$372
33 years$2,919$2,015$1,358$898$585$329
34 years$2,802$1,910$1,269$826$529$292
35 years$2,692$1,811$1,187$761$480$259
36 years$2,589$1,719$1,110$701$435$229
37 years$2,491$1,633$1,039$646$394$203
38 years$2,399$1,552$973$595$357$180
39 years$2,311$1,476$912$549$324$160
40 years$2,228$1,404$854$506$294$142
41 years$2,150$1,336$801$467$266$126
42 years$2,075$1,273$752$431$242$112
43 years$2,004$1,213$705$398$219$99
44 years$1,937$1,156$662$367$199$88
45 years$1,872$1,102$622$339$181$78
46 years$1,811$1,052$584$313$164$69
47 years$1,752$1,003$548$289$149$61
48 years$1,696$958$515$267$135$55
49 years$1,643$915$484$247$123$48
50 years$1,591$874$455$228$112$43

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,630,000, adding $2,430 every year, while hoping to spend $52,847 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: 78/5/17 Blend
43$1,630,000$1,630,000$1,630,000$1,630,000
44$1,798,767$1,712,377$1,687,112$1,932,159
45$1,926,012$1,740,054$1,687,401$2,048,188
46$2,064,465$1,767,317$1,685,929$2,168,524
47$2,215,214$1,794,088$1,682,581$2,299,077
48$2,379,454$1,820,287$1,677,235$2,440,852
49$2,558,503$1,845,826$1,669,767$2,594,953
50$2,753,809$1,870,611$1,660,044$2,762,598
51$2,966,969$1,894,542$1,647,926$2,945,129
52$3,199,737$1,917,512$1,633,270$3,144,024
53$3,454,047$1,939,407$1,615,921$3,360,912
54$3,732,027$1,960,105$1,595,721$3,597,589
55$4,036,020$1,979,475$1,572,504$3,856,030
56$4,368,604$1,997,380$1,546,093$4,138,417
57$4,732,620$2,013,670$1,516,306$4,447,150
58$5,131,197$2,028,189$1,482,951$4,784,877
59$5,567,777$2,040,769$1,445,828$5,154,514
60$6,046,154$2,051,231$1,404,727$5,559,276
61$6,570,506$2,059,385$1,359,430$6,002,704
62$7,145,432$2,065,029$1,309,705$6,488,702
63$7,776,000$2,067,949$1,255,314$7,021,573
64$8,467,790$2,067,917$1,196,005$7,606,058
65$9,226,950$2,064,690$1,131,516$8,247,381
66$10,060,250$2,058,011$1,061,574$8,951,303
67$10,975,150$2,047,609$985,891$9,724,170
68$11,979,866$2,033,192$904,169$10,572,977
69$13,083,448$2,014,454$816,095$11,505,432
70$14,295,867$1,991,070$721,341$12,530,032
71$15,628,107$1,962,694$619,567$13,656,139
72$17,092,269$1,928,960$510,417$14,894,075
73$18,701,682$1,889,481$393,519$16,255,213
74$20,471,035$1,843,847$268,483$17,752,086
75$22,416,508$1,791,623$134,905$19,398,511
76$24,555,929$1,732,349$0$21,209,712
77$26,908,937$1,665,538$0$23,203,856
78$29,497,174$1,590,675$0$25,424,254
79$32,344,483$1,507,215$0$27,866,875
80$35,477,132$1,414,581$0$30,554,269
81$38,924,068$1,312,163$0$33,511,284
82$42,717,181$1,199,318$0$36,765,298
83$46,891,612$1,075,363$0$40,346,479
84$51,486,080$939,578$0$44,288,071
85$56,543,245$791,203$0$48,626,704
86$62,110,118$629,434$0$53,402,742
87$68,238,495$453,421$0$58,660,662
88$74,985,450$262,267$0$64,449,475
89$82,413,874$55,026$0$70,823,190
90$90,593,064$0$0$77,841,318
91$99,599,380$0$0$85,578,755
92$109,516,963$0$0$94,102,477
93$120,438,531$0$0$103,489,152
94$132,466,251$0$0$113,826,596
95$145,712,702$0$0$125,211,578
96$160,301,940$0$0$137,750,731
97$176,370,667$0$0$151,561,556
98$194,069,518$0$0$166,773,533
99$213,564,487$0$0$183,529,342
100$235,038,490$0$0$201,986,207