Can I retire at age 44 with 1,690,000?

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 $1,690,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$139,559$138,316$137,103$135,919$134,763$129,827
2 years$69,088$67,802$66,555$65,346$64,173$59,254
3 years$45,601$44,309$43,065$41,868$40,714$35,968
4 years$33,860$32,572$31,341$30,163$29,037$24,501
5 years$26,817$25,537$24,322$23,168$22,074$17,758
6 years$22,124$20,853$19,655$18,528$17,466$13,374
7 years$18,772$17,512$16,334$15,233$14,205$10,335
8 years$16,260$15,011$13,852$12,778$11,784$8,134
9 years$14,307$13,070$11,931$10,884$9,924$6,488
10 years$12,745$11,520$10,402$9,382$8,456$5,228
11 years$11,469$10,256$9,157$8,166$7,272$4,246
12 years$10,405$9,205$8,127$7,162$6,302$3,470
13 years$9,507$8,319$7,261$6,323$5,495$2,850
14 years$8,737$7,562$6,524$5,613$4,817$2,349
15 years$8,070$6,908$5,890$5,006$4,241$1,943
16 years$7,487$6,338$5,340$4,482$3,749$1,611
17 years$6,974$5,837$4,860$4,027$3,324$1,339
18 years$6,518$5,393$4,436$3,629$2,955$1,114
19 years$6,110$4,999$4,061$3,279$2,634$929
20 years$5,744$4,645$3,727$2,970$2,353$775
21 years$5,413$4,327$3,428$2,696$2,106$648
22 years$5,112$4,039$3,160$2,451$1,887$542
23 years$4,838$3,777$2,917$2,232$1,694$453
24 years$4,587$3,539$2,698$2,036$1,523$379
25 years$4,357$3,321$2,499$1,859$1,370$318
26 years$4,145$3,121$2,318$1,700$1,234$266
27 years$3,949$2,938$2,152$1,556$1,113$223
28 years$3,767$2,768$2,001$1,426$1,004$187
29 years$3,598$2,611$1,862$1,307$907$157
30 years$3,440$2,466$1,734$1,200$819$132
31 years$3,293$2,331$1,617$1,102$741$110
32 years$3,156$2,206$1,508$1,013$670$93
33 years$3,027$2,089$1,408$931$606$78
34 years$2,905$1,980$1,316$857$549$65
35 years$2,791$1,878$1,230$789$497$55
36 years$2,684$1,782$1,151$726$451$46
37 years$2,583$1,693$1,077$669$408$39
38 years$2,487$1,609$1,009$617$370$32
39 years$2,396$1,530$945$569$336$27
40 years$2,310$1,456$886$525$304$23
41 years$2,229$1,386$831$484$276$19
42 years$2,152$1,320$779$447$251$16
43 years$2,078$1,257$731$412$227$14
44 years$2,008$1,198$686$381$206$11
45 years$1,941$1,143$644$352$187$10
46 years$1,878$1,090$605$325$170$8
47 years$1,817$1,040$569$300$155$7
48 years$1,759$993$534$277$140$6
49 years$1,703$948$502$256$127$5
50 years$1,650$906$472$237$116$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,690,000, adding $4,972 every year, while hoping to spend $39,663 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: 75/14/11 Blend
43$1,690,000$1,690,000$1,690,000$1,690,000
44$1,867,509$1,777,939$1,751,744$2,003,304
45$2,015,793$1,822,856$1,768,226$2,138,452
46$2,177,874$1,868,646$1,783,931$2,281,037
47$2,355,115$1,915,308$1,798,791$2,436,189
48$2,549,021$1,962,842$1,812,734$2,605,141
49$2,761,246$2,011,246$1,825,686$2,789,253
50$2,993,613$2,060,517$1,837,567$2,990,022
51$3,248,130$2,110,650$1,848,293$3,209,097
52$3,527,005$2,161,639$1,857,777$3,448,294
53$3,832,675$2,213,474$1,865,928$3,709,612
54$4,167,819$2,266,145$1,872,647$3,995,256
55$4,535,390$2,319,640$1,877,835$4,307,653
56$4,938,641$2,373,944$1,881,383$4,649,476
57$5,381,154$2,429,038$1,883,181$5,023,671
58$5,866,874$2,484,904$1,883,110$5,433,483
59$6,400,148$2,541,517$1,881,048$5,882,487
60$6,985,764$2,598,853$1,876,864$6,374,622
61$7,628,997$2,656,881$1,870,423$6,914,228
62$8,335,655$2,715,569$1,861,583$7,506,085
63$9,112,141$2,774,880$1,850,195$8,155,462
64$9,965,504$2,834,775$1,836,102$8,868,164
65$10,903,515$2,895,208$1,819,140$9,650,585
66$11,934,731$2,956,131$1,799,139$10,509,773
67$13,068,581$3,017,488$1,775,917$11,453,493
68$14,315,454$3,079,223$1,749,288$12,490,302
69$15,686,795$3,141,270$1,719,054$13,629,626
70$17,195,214$3,203,558$1,685,009$14,881,856
71$18,854,606$3,266,012$1,646,936$16,258,438
72$20,680,278$3,328,550$1,604,611$17,771,988
73$22,689,098$3,391,080$1,557,797$19,436,406
74$24,899,649$3,453,506$1,506,247$21,267,010
75$27,332,409$3,515,724$1,449,702$23,280,679
76$30,009,940$3,577,619$1,387,892$25,496,015
77$32,957,103$3,639,071$1,320,535$27,933,514
78$36,201,289$3,699,948$1,247,334$30,615,765
79$39,772,683$3,760,108$1,167,983$33,567,659
80$43,704,544$3,819,400$1,082,157$36,816,624
81$48,033,518$3,877,661$989,520$40,392,889
82$52,799,988$3,934,718$889,720$44,329,763
83$58,048,449$3,990,382$782,389$48,663,954
84$63,827,934$4,044,453$667,142$53,435,913
85$70,192,471$4,096,719$543,578$58,690,219
86$77,201,594$4,146,949$411,279$64,475,996
87$84,920,907$4,194,900$269,807$70,847,379
88$93,422,699$4,240,309$118,705$77,864,027
89$102,786,629$4,282,899$0$85,591,682
90$113,100,477$4,322,373$0$94,107,789
91$124,460,970$4,358,414$0$103,502,386
92$136,974,697$4,390,685$0$113,849,574
93$150,759,114$4,418,826$0$125,246,375
94$165,943,651$4,442,455$0$137,799,708
95$182,670,934$4,461,167$0$151,627,393
96$201,098,133$4,474,527$0$166,859,268
97$221,398,441$4,482,078$0$183,638,409
98$243,762,711$4,483,329$0$202,122,485
99$268,401,259$4,477,763$0$222,485,244
100$295,545,843$4,464,830$0$244,918,155