Can I retire at age 44 with 1,650,000?

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 $1,650,000?

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$136,255$135,042$133,858$132,702$131,573$129,661
2 years$67,453$66,197$64,979$63,799$62,654$60,731
3 years$44,522$43,260$42,046$40,877$39,750$37,877
4 years$33,059$31,801$30,599$29,449$28,350$26,541
5 years$26,183$24,932$23,746$22,620$21,551$19,811
6 years$21,600$20,359$19,190$18,089$17,053$15,384
7 years$18,328$17,098$15,947$14,872$13,869$12,271
8 years$15,875$14,656$13,524$12,476$11,505$9,979
9 years$13,968$12,761$11,649$10,627$9,689$8,234
10 years$12,444$11,248$10,156$9,160$8,256$6,870
11 years$11,197$10,013$8,941$7,972$7,100$5,783
12 years$10,159$8,987$7,935$6,993$6,153$4,903
13 years$9,281$8,122$7,089$6,174$5,365$4,180
14 years$8,530$7,383$6,370$5,480$4,703$3,581
15 years$7,879$6,744$5,751$4,887$4,141$3,080
16 years$7,310$6,188$5,214$4,376$3,660$2,658
17 years$6,809$5,699$4,745$3,932$3,245$2,301
18 years$6,363$5,266$4,331$3,543$2,885$1,996
19 years$5,966$4,880$3,965$3,202$2,572$1,735
20 years$5,608$4,535$3,639$2,900$2,297$1,511
21 years$5,285$4,224$3,347$2,632$2,056$1,317
22 years$4,991$3,943$3,085$2,393$1,843$1,150
23 years$4,724$3,688$2,848$2,179$1,654$1,006
24 years$4,479$3,455$2,634$1,988$1,487$880
25 years$4,254$3,243$2,440$1,815$1,338$771
26 years$4,047$3,048$2,263$1,660$1,205$676
27 years$3,855$2,868$2,101$1,519$1,086$593
28 years$3,677$2,703$1,953$1,392$980$520
29 years$3,512$2,550$1,818$1,276$885$457
30 years$3,359$2,408$1,693$1,171$800$401
31 years$3,215$2,276$1,578$1,076$723$352
32 years$3,081$2,154$1,473$989$654$310
33 years$2,955$2,040$1,375$909$592$272
34 years$2,837$1,933$1,285$837$536$239
35 years$2,725$1,834$1,201$770$485$211
36 years$2,621$1,740$1,124$709$440$185
37 years$2,522$1,653$1,052$653$399$163
38 years$2,428$1,571$985$602$361$143
39 years$2,340$1,494$923$555$328$126
40 years$2,256$1,421$865$512$297$111
41 years$2,176$1,353$811$473$270$98
42 years$2,101$1,288$761$436$245$86
43 years$2,029$1,228$714$403$222$76
44 years$1,960$1,170$670$372$202$67
45 years$1,895$1,116$629$343$183$59
46 years$1,833$1,064$591$317$166$52
47 years$1,774$1,016$555$293$151$46
48 years$1,717$970$522$271$137$40
49 years$1,663$926$490$250$124$35
50 years$1,611$885$461$231$113$31

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,650,000, adding $3,602 every year, while hoping to spend $57,504 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: 46/33/21 Blend
43$1,650,000$1,650,000$1,650,000$1,650,000
44$1,822,015$1,734,565$1,708,990$1,894,721
45$1,946,677$1,758,375$1,705,058$1,969,854
46$2,082,127$1,781,425$1,699,066$2,045,330
47$2,229,405$1,803,615$1,690,886$2,126,034
48$2,389,655$1,824,843$1,680,381$2,212,480
49$2,564,135$1,844,995$1,667,409$2,305,236
50$2,754,229$1,863,953$1,651,820$2,404,932
51$2,961,464$1,881,589$1,633,459$2,512,261
52$3,187,514$1,897,769$1,612,161$2,627,991
53$3,434,227$1,912,346$1,587,755$2,752,972
54$3,703,635$1,925,167$1,560,061$2,888,141
55$3,997,974$1,936,069$1,528,892$3,034,536
56$4,319,708$1,944,877$1,494,050$3,193,301
57$4,671,548$1,951,406$1,455,331$3,365,702
58$5,056,480$1,955,458$1,412,518$3,553,139
59$5,477,790$1,956,825$1,365,386$3,757,155
60$5,939,098$1,955,283$1,313,701$3,979,459
61$6,444,391$1,950,597$1,257,215$4,221,936
62$6,998,059$1,942,516$1,195,671$4,486,668
63$7,604,935$1,930,774$1,128,800$4,775,957
64$8,270,344$1,915,087$1,056,321$5,092,342
65$9,000,151$1,895,158$977,939$5,438,629
66$9,800,814$1,870,669$893,348$5,817,916
67$10,679,449$1,841,283$802,227$6,233,623
68$11,643,891$1,806,645$704,240$6,689,528
69$12,702,773$1,766,376$599,037$7,189,800
70$13,865,604$1,720,076$486,253$7,739,041
71$15,142,859$1,667,323$365,506$8,342,333
72$16,546,078$1,607,669$236,397$9,005,283
73$18,087,972$1,540,639$98,511$9,734,083
74$19,782,546$1,465,732$0$10,535,562
75$21,645,230$1,382,416$0$11,428,160
76$23,693,020$1,290,131$0$12,433,561
77$25,944,644$1,188,284$0$13,538,958
78$28,420,734$1,076,246$0$14,754,590
79$31,144,023$953,356$0$16,091,750
80$34,139,554$818,911$0$17,562,891
81$37,434,923$672,173$0$19,181,745
82$41,060,534$512,357$0$20,963,451
83$45,049,885$338,640$0$22,924,705
84$49,439,887$150,147$0$25,083,914
85$54,271,209$0$0$27,461,375
86$59,588,662$0$0$30,099,089
87$65,441,621$0$0$33,062,682
88$71,884,493$0$0$36,325,207
89$78,977,224$0$0$39,917,048
90$86,785,869$0$0$43,871,687
91$95,383,215$0$0$48,226,016
92$104,849,464$0$0$53,020,689
93$115,272,990$0$0$58,300,501
94$126,751,176$0$0$64,114,812
95$139,391,328$0$0$70,518,014
96$153,311,688$0$0$77,570,042
97$168,642,552$0$0$85,336,942
98$185,527,496$0$0$93,891,491
99$204,124,732$0$0$103,313,884
100$224,608,598$0$0$113,692,494