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%11.3%
1 years$136,255$135,042$133,858$132,702$131,573$130,854
2 years$67,453$66,197$64,979$63,799$62,654$61,928
3 years$44,522$43,260$42,046$40,877$39,750$39,040
4 years$33,059$31,801$30,599$29,449$28,350$27,662
5 years$26,183$24,932$23,746$22,620$21,551$20,886
6 years$21,600$20,359$19,190$18,089$17,053$16,412
7 years$18,328$17,098$15,947$14,872$13,869$13,252
8 years$15,875$14,656$13,524$12,476$11,505$10,914
9 years$13,968$12,761$11,649$10,627$9,689$9,122
10 years$12,444$11,248$10,156$9,160$8,256$7,713
11 years$11,197$10,013$8,941$7,972$7,100$6,581
12 years$10,159$8,987$7,935$6,993$6,153$5,657
13 years$9,281$8,122$7,089$6,174$5,365$4,893
14 years$8,530$7,383$6,370$5,480$4,703$4,253
15 years$7,879$6,744$5,751$4,887$4,141$3,713
16 years$7,310$6,188$5,214$4,376$3,660$3,253
17 years$6,809$5,699$4,745$3,932$3,245$2,859
18 years$6,363$5,266$4,331$3,543$2,885$2,519
19 years$5,966$4,880$3,965$3,202$2,572$2,225
20 years$5,608$4,535$3,639$2,900$2,297$1,969
21 years$5,285$4,224$3,347$2,632$2,056$1,746
22 years$4,991$3,943$3,085$2,393$1,843$1,550
23 years$4,724$3,688$2,848$2,179$1,654$1,378
24 years$4,479$3,455$2,634$1,988$1,487$1,226
25 years$4,254$3,243$2,440$1,815$1,338$1,093
26 years$4,047$3,048$2,263$1,660$1,205$974
27 years$3,855$2,868$2,101$1,519$1,086$870
28 years$3,677$2,703$1,953$1,392$980$777
29 years$3,512$2,550$1,818$1,276$885$694
30 years$3,359$2,408$1,693$1,171$800$621
31 years$3,215$2,276$1,578$1,076$723$555
32 years$3,081$2,154$1,473$989$654$497
33 years$2,955$2,040$1,375$909$592$445
34 years$2,837$1,933$1,285$837$536$399
35 years$2,725$1,834$1,201$770$485$357
36 years$2,621$1,740$1,124$709$440$320
37 years$2,522$1,653$1,052$653$399$287
38 years$2,428$1,571$985$602$361$257
39 years$2,340$1,494$923$555$328$231
40 years$2,256$1,421$865$512$297$207
41 years$2,176$1,353$811$473$270$186
42 years$2,101$1,288$761$436$245$167
43 years$2,029$1,228$714$403$222$150
44 years$1,960$1,170$670$372$202$134
45 years$1,895$1,116$629$343$183$121
46 years$1,833$1,064$591$317$166$108
47 years$1,774$1,016$555$293$151$97
48 years$1,717$970$522$271$137$87
49 years$1,663$926$490$250$124$78
50 years$1,611$885$461$231$113$70

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 $5,886 every year, while hoping to spend $39,649 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: 65/15/20 Blend
43$1,650,000$1,650,000$1,650,000$1,650,000
44$1,824,371$1,736,921$1,711,346$1,933,349
45$1,968,271$1,779,844$1,726,490$2,050,186
46$2,125,520$1,823,542$1,740,813$2,172,766
47$2,297,437$1,868,009$1,754,244$2,305,794
48$2,485,476$1,913,242$1,766,711$2,450,294
49$2,691,236$1,959,233$1,778,138$2,607,396
50$2,916,479$2,005,973$1,788,443$2,778,344
51$3,163,146$2,053,451$1,797,542$2,964,507
52$3,433,372$2,101,655$1,805,344$3,167,396
53$3,729,510$2,150,570$1,811,757$3,388,675
54$4,054,151$2,200,179$1,816,682$3,630,176
55$4,410,148$2,250,462$1,820,015$3,893,919
56$4,800,646$2,301,397$1,821,648$4,182,130
57$5,229,104$2,352,958$1,821,466$4,497,260
58$5,699,338$2,405,118$1,819,350$4,842,014
59$6,215,547$2,457,845$1,815,174$5,219,367
60$6,782,357$2,511,104$1,808,807$5,632,603
61$7,404,866$2,564,857$1,800,111$6,085,336
62$8,088,689$2,619,061$1,788,941$6,581,554
63$8,840,010$2,673,669$1,775,145$7,125,647
64$9,665,643$2,728,632$1,758,565$7,722,456
65$10,573,095$2,783,891$1,739,034$8,377,315
66$11,570,637$2,839,388$1,716,377$9,096,101
67$12,667,379$2,895,055$1,690,413$9,885,295
68$13,873,359$2,950,820$1,660,949$10,752,035
69$15,199,638$3,006,607$1,627,787$11,704,189
70$16,658,400$3,062,329$1,590,717$12,750,431
71$18,263,070$3,117,897$1,549,519$13,900,316
72$20,028,440$3,173,210$1,503,965$15,164,377
73$21,970,808$3,228,165$1,453,815$16,554,223
74$24,108,130$3,282,645$1,398,818$18,082,646
75$26,460,193$3,336,528$1,338,712$19,763,745
76$29,048,797$3,389,682$1,273,223$21,613,060
77$31,897,963$3,441,965$1,202,064$23,647,715
78$35,034,158$3,493,225$1,124,937$25,886,584
79$38,486,548$3,543,298$1,041,527$28,350,466
80$42,287,267$3,592,011$951,510$31,062,285
81$46,471,724$3,639,175$854,541$34,047,307
82$51,078,938$3,684,593$750,266$37,333,373
83$56,151,901$3,728,049$638,312$40,951,169
84$61,737,988$3,769,317$518,288$44,934,515
85$67,889,401$3,808,152$389,789$49,320,680
86$74,663,664$3,844,295$252,391$54,150,741
87$82,124,163$3,877,471$105,651$59,469,966
88$90,340,743$3,907,383$0$65,328,244
89$99,390,373$3,933,718$0$71,791,431
90$109,357,863$3,956,142$0$78,934,015
91$120,336,671$3,974,300$0$86,800,315
92$132,429,784$3,987,813$0$95,464,038
93$145,750,685$3,996,279$0$105,006,411
94$160,424,430$3,999,272$0$115,516,942
95$176,588,824$3,996,337$0$127,094,267
96$194,395,719$3,986,994$0$139,847,085
97$214,012,456$3,970,729$0$153,895,177
98$235,623,433$3,947,002$0$169,370,545
99$259,431,854$3,915,236$0$186,418,649
100$285,661,641$3,874,820$0$205,199,790