Can I retire at age 44 with 1,680,000?

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 $1,680,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$138,733$137,497$136,291$135,115$133,966$132,622
2 years$68,680$67,401$66,161$64,959$63,793$62,440
3 years$45,332$44,047$42,810$41,620$40,473$39,152
4 years$33,660$32,379$31,155$29,985$28,866$27,587
5 years$26,659$25,386$24,178$23,031$21,943$20,711
6 years$21,993$20,729$19,539$18,418$17,363$16,178
7 years$18,661$17,408$16,237$15,143$14,121$12,984
8 years$16,164$14,922$13,770$12,703$11,714$10,626
9 years$14,222$12,993$11,860$10,820$9,865$8,825
10 years$12,670$11,452$10,340$9,327$8,406$7,412
11 years$11,401$10,195$9,103$8,117$7,229$6,282
12 years$10,344$9,151$8,079$7,120$6,265$5,363
13 years$9,450$8,270$7,218$6,286$5,463$4,606
14 years$8,685$7,517$6,485$5,580$4,789$3,975
15 years$8,022$6,867$5,855$4,976$4,216$3,445
16 years$7,443$6,300$5,309$4,456$3,726$2,995
17 years$6,932$5,802$4,831$4,003$3,304$2,612
18 years$6,479$5,361$4,410$3,608$2,938$2,284
19 years$6,074$4,969$4,037$3,260$2,619$2,002
20 years$5,710$4,617$3,705$2,953$2,339$1,757
21 years$5,381$4,301$3,408$2,680$2,093$1,545
22 years$5,082$4,015$3,141$2,436$1,876$1,360
23 years$4,810$3,755$2,900$2,219$1,684$1,199
24 years$4,560$3,518$2,682$2,024$1,514$1,059
25 years$4,331$3,302$2,484$1,848$1,362$935
26 years$4,120$3,103$2,304$1,690$1,227$827
27 years$3,925$2,920$2,139$1,547$1,106$732
28 years$3,744$2,752$1,989$1,417$998$648
29 years$3,576$2,596$1,851$1,300$901$574
30 years$3,420$2,452$1,724$1,193$814$508
31 years$3,274$2,318$1,607$1,095$736$451
32 years$3,137$2,193$1,500$1,007$666$400
33 years$3,009$2,077$1,400$926$603$355
34 years$2,888$1,968$1,308$852$546$315
35 years$2,775$1,867$1,223$784$494$280
36 years$2,668$1,772$1,144$722$448$248
37 years$2,567$1,683$1,071$665$406$221
38 years$2,472$1,599$1,003$613$368$196
39 years$2,382$1,521$940$565$334$174
40 years$2,297$1,447$881$522$303$155
41 years$2,216$1,377$826$481$275$137
42 years$2,139$1,312$775$444$249$122
43 years$2,066$1,250$727$410$226$109
44 years$1,996$1,191$682$379$205$97
45 years$1,930$1,136$641$350$186$86
46 years$1,866$1,084$602$323$169$76
47 years$1,806$1,034$565$298$154$68
48 years$1,748$987$531$276$140$60
49 years$1,693$943$499$255$127$54
50 years$1,640$901$469$235$115$48

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,680,000, adding $3,602 every year, while hoping to spend $28,068 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: 85/7/8 Blend
43$1,680,000$1,680,000$1,680,000$1,680,000
44$1,855,075$1,766,035$1,739,995$2,010,847
45$2,014,429$1,822,707$1,768,421$2,169,742
46$2,189,096$1,881,215$1,796,858$2,340,087
47$2,380,609$1,941,619$1,825,278$2,526,352
48$2,590,654$2,003,982$1,853,649$2,730,120
49$2,821,093$2,068,369$1,881,937$2,953,134
50$3,073,971$2,134,845$1,910,109$3,197,314
51$3,351,543$2,203,481$1,938,125$3,464,775
52$3,656,296$2,274,346$1,965,947$3,757,846
53$3,990,964$2,347,515$1,993,533$4,079,091
54$4,358,563$2,423,064$2,020,836$4,431,338
55$4,762,413$2,501,071$2,047,811$4,817,698
56$5,206,173$2,581,617$2,074,407$5,241,601
57$5,693,873$2,664,787$2,100,570$5,706,823
58$6,229,954$2,750,668$2,126,245$6,217,526
59$6,819,308$2,839,348$2,151,372$6,778,293
60$7,467,323$2,930,922$2,175,889$7,394,175
61$8,179,938$3,025,486$2,199,729$8,070,735
62$8,963,694$3,123,137$2,222,823$8,814,103
63$9,825,800$3,223,980$2,245,097$9,631,032
64$10,774,196$3,328,120$2,266,472$10,528,962
65$11,817,633$3,435,667$2,286,868$11,516,090
66$12,965,752$3,546,734$2,306,198$12,601,449
67$14,229,174$3,661,440$2,324,371$13,794,990
68$15,619,604$3,779,905$2,341,292$15,107,676
69$17,149,939$3,902,255$2,356,860$16,551,590
70$18,834,387$4,028,619$2,370,969$18,140,042
71$20,688,606$4,159,134$2,383,509$19,887,699
72$22,729,849$4,293,936$2,394,361$21,810,722
73$24,977,124$4,433,170$2,403,403$23,926,919
74$27,451,381$4,576,985$2,410,507$26,255,910
75$30,175,699$4,725,534$2,415,536$28,819,317
76$33,175,512$4,878,978$2,418,348$31,640,964
77$36,478,846$5,037,479$2,418,795$34,747,100
78$40,116,581$5,201,209$2,416,718$38,166,654
79$44,122,748$5,370,344$2,411,953$41,931,499
80$48,534,844$5,545,066$2,404,329$46,076,759
81$53,394,188$5,725,564$2,393,664$50,641,138
82$58,746,313$5,912,034$2,379,769$55,667,283
83$64,641,390$6,104,677$2,362,445$61,202,190
84$71,134,708$6,303,702$2,341,483$67,297,646
85$78,287,191$6,509,327$2,316,666$74,010,717
86$86,165,975$6,721,774$2,287,764$81,404,286
87$94,845,040$6,941,277$2,254,540$89,547,649
88$104,405,909$7,168,074$2,216,742$98,517,164
89$114,938,416$7,402,415$2,174,107$108,396,978
90$126,541,557$7,644,556$2,126,363$119,279,815
91$139,324,421$7,894,764$2,073,221$131,267,855
92$153,407,219$8,153,314$2,014,380$144,473,695
93$168,922,420$8,420,492$1,949,527$159,021,417
94$186,016,004$8,696,593$1,878,334$175,047,751
95$204,848,834$8,981,923$1,800,455$192,703,375
96$225,598,177$9,276,799$1,715,532$212,154,327
97$248,459,377$9,581,549$1,623,189$233,583,581
98$273,647,702$9,896,512$1,523,034$257,192,770
99$301,400,367$10,222,041$1,414,655$283,204,086
100$331,978,783$10,558,500$1,297,625$311,862,385