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%11.7%
1 years$138,733$137,497$136,291$135,115$133,966$133,010
2 years$68,680$67,401$66,161$64,959$63,793$62,829
3 years$45,332$44,047$42,810$41,620$40,473$39,531
4 years$33,660$32,379$31,155$29,985$28,866$27,953
5 years$26,659$25,386$24,178$23,031$21,943$21,062
6 years$21,993$20,729$19,539$18,418$17,363$16,515
7 years$18,661$17,408$16,237$15,143$14,121$13,306
8 years$16,164$14,922$13,770$12,703$11,714$10,933
9 years$14,222$12,993$11,860$10,820$9,865$9,117
10 years$12,670$11,452$10,340$9,327$8,406$7,690
11 years$11,401$10,195$9,103$8,117$7,229$6,546
12 years$10,344$9,151$8,079$7,120$6,265$5,613
13 years$9,450$8,270$7,218$6,286$5,463$4,842
14 years$8,685$7,517$6,485$5,580$4,789$4,198
15 years$8,022$6,867$5,855$4,976$4,216$3,655
16 years$7,443$6,300$5,309$4,456$3,726$3,194
17 years$6,932$5,802$4,831$4,003$3,304$2,799
18 years$6,479$5,361$4,410$3,608$2,938$2,459
19 years$6,074$4,969$4,037$3,260$2,619$2,166
20 years$5,710$4,617$3,705$2,953$2,339$1,911
21 years$5,381$4,301$3,408$2,680$2,093$1,689
22 years$5,082$4,015$3,141$2,436$1,876$1,495
23 years$4,810$3,755$2,900$2,219$1,684$1,325
24 years$4,560$3,518$2,682$2,024$1,514$1,176
25 years$4,331$3,302$2,484$1,848$1,362$1,045
26 years$4,120$3,103$2,304$1,690$1,227$929
27 years$3,925$2,920$2,139$1,547$1,106$826
28 years$3,744$2,752$1,989$1,417$998$736
29 years$3,576$2,596$1,851$1,300$901$655
30 years$3,420$2,452$1,724$1,193$814$584
31 years$3,274$2,318$1,607$1,095$736$521
32 years$3,137$2,193$1,500$1,007$666$465
33 years$3,009$2,077$1,400$926$603$415
34 years$2,888$1,968$1,308$852$546$370
35 years$2,775$1,867$1,223$784$494$331
36 years$2,668$1,772$1,144$722$448$295
37 years$2,567$1,683$1,071$665$406$264
38 years$2,472$1,599$1,003$613$368$236
39 years$2,382$1,521$940$565$334$211
40 years$2,297$1,447$881$522$303$188
41 years$2,216$1,377$826$481$275$168
42 years$2,139$1,312$775$444$249$151
43 years$2,066$1,250$727$410$226$135
44 years$1,996$1,191$682$379$205$121
45 years$1,930$1,136$641$350$186$108
46 years$1,866$1,084$602$323$169$96
47 years$1,806$1,034$565$298$154$86
48 years$1,748$987$531$276$140$77
49 years$1,693$943$499$255$127$69
50 years$1,640$901$469$235$115$62

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 $6,681 every year, while hoping to spend $21,222 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: 51/42/7 Blend
43$1,680,000$1,680,000$1,680,000$1,680,000
44$1,858,251$1,769,211$1,743,171$1,949,447
45$2,025,213$1,833,323$1,778,988$2,076,329
46$2,208,493$1,899,864$1,815,292$2,211,333
47$2,409,735$1,968,933$1,852,080$2,357,581
48$2,630,746$2,040,629$1,889,343$2,516,134
49$2,873,520$2,115,057$1,927,073$2,688,157
50$3,140,251$2,192,327$1,965,263$2,874,932
51$3,433,358$2,272,553$2,003,901$3,077,868
52$3,755,506$2,355,853$2,042,976$3,298,513
53$4,109,629$2,442,351$2,082,477$3,538,570
54$4,498,961$2,532,176$2,122,390$3,799,914
55$4,927,064$2,625,462$2,162,700$4,084,603
56$5,397,865$2,722,350$2,203,390$4,394,905
57$5,915,686$2,822,984$2,244,442$4,733,313
58$6,485,293$2,927,517$2,285,838$5,102,571
59$7,111,936$3,036,108$2,327,557$5,505,698
60$7,801,398$3,148,922$2,369,574$5,946,015
61$8,560,052$3,266,131$2,411,867$6,427,179
62$9,394,921$3,387,916$2,454,409$6,953,213
63$10,313,742$3,514,462$2,497,170$7,528,546
64$11,325,040$3,645,967$2,540,121$8,158,054
65$12,438,207$3,782,632$2,583,229$8,847,104
66$13,663,595$3,924,672$2,626,458$9,601,603
67$15,012,609$4,072,308$2,669,771$10,428,056
68$16,497,814$4,225,771$2,713,127$11,333,626
69$18,133,059$4,385,301$2,756,485$12,326,198
70$19,933,602$4,551,152$2,799,798$13,414,455
71$21,916,256$4,723,585$2,843,018$14,607,959
72$24,099,547$4,902,873$2,886,092$15,917,239
73$26,503,891$5,089,304$2,928,966$17,353,891
74$29,151,783$5,283,175$2,971,581$18,930,685
75$32,068,011$5,484,797$3,013,876$20,661,685
76$35,279,891$5,694,495$3,055,784$22,562,382
77$38,817,523$5,912,608$3,097,235$24,649,836
78$42,714,074$6,139,490$3,138,157$26,942,840
79$47,006,094$6,375,510$3,178,469$29,462,091
80$51,733,859$6,621,052$3,218,091$32,230,390
81$56,941,749$6,876,521$3,256,934$35,272,851
82$62,678,672$7,142,335$3,294,906$38,617,138
83$68,998,520$7,418,933$3,331,909$42,293,728
84$75,960,682$7,706,773$3,367,840$46,336,191
85$83,630,599$8,006,333$3,402,591$50,781,511
86$92,080,390$8,318,112$3,436,047$55,670,431
87$101,389,522$8,642,632$3,468,086$61,047,834
88$111,645,568$8,980,437$3,498,583$66,963,170
89$122,945,033$9,332,095$3,527,402$73,470,915
90$135,394,259$9,698,200$3,554,402$80,631,090
91$149,110,434$10,079,372$3,579,436$88,509,818
92$164,222,696$10,476,260$3,602,345$97,179,952
93$180,873,354$10,889,540$3,622,967$106,721,758
94$199,219,228$11,319,918$3,641,127$117,223,672
95$219,433,129$11,768,134$3,656,645$128,783,130
96$241,705,494$12,234,959$3,669,329$141,507,488
97$266,246,182$12,721,200$3,678,979$155,515,030
98$293,286,452$13,227,698$3,685,384$170,936,087
99$323,081,149$13,755,334$3,688,323$187,914,257
100$355,911,109$14,305,028$3,687,564$206,607,764