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%12.7%
1 years$139,559$138,316$137,103$135,919$134,763$133,245
2 years$69,088$67,802$66,555$65,346$64,173$62,644
3 years$45,601$44,309$43,065$41,868$40,714$39,223
4 years$33,860$32,572$31,341$30,163$29,037$27,595
5 years$26,817$25,537$24,322$23,168$22,074$20,684
6 years$22,124$20,853$19,655$18,528$17,466$16,132
7 years$18,772$17,512$16,334$15,233$14,205$12,925
8 years$16,260$15,011$13,852$12,778$11,784$10,560
9 years$14,307$13,070$11,931$10,884$9,924$8,754
10 years$12,745$11,520$10,402$9,382$8,456$7,340
11 years$11,469$10,256$9,157$8,166$7,272$6,209
12 years$10,405$9,205$8,127$7,162$6,302$5,291
13 years$9,507$8,319$7,261$6,323$5,495$4,535
14 years$8,737$7,562$6,524$5,613$4,817$3,906
15 years$8,070$6,908$5,890$5,006$4,241$3,378
16 years$7,487$6,338$5,340$4,482$3,749$2,931
17 years$6,974$5,837$4,860$4,027$3,324$2,551
18 years$6,518$5,393$4,436$3,629$2,955$2,226
19 years$6,110$4,999$4,061$3,279$2,634$1,946
20 years$5,744$4,645$3,727$2,970$2,353$1,705
21 years$5,413$4,327$3,428$2,696$2,106$1,496
22 years$5,112$4,039$3,160$2,451$1,887$1,314
23 years$4,838$3,777$2,917$2,232$1,694$1,156
24 years$4,587$3,539$2,698$2,036$1,523$1,018
25 years$4,357$3,321$2,499$1,859$1,370$897
26 years$4,145$3,121$2,318$1,700$1,234$791
27 years$3,949$2,938$2,152$1,556$1,113$698
28 years$3,767$2,768$2,001$1,426$1,004$617
29 years$3,598$2,611$1,862$1,307$907$545
30 years$3,440$2,466$1,734$1,200$819$482
31 years$3,293$2,331$1,617$1,102$741$426
32 years$3,156$2,206$1,508$1,013$670$377
33 years$3,027$2,089$1,408$931$606$334
34 years$2,905$1,980$1,316$857$549$296
35 years$2,791$1,878$1,230$789$497$262
36 years$2,684$1,782$1,151$726$451$232
37 years$2,583$1,693$1,077$669$408$205
38 years$2,487$1,609$1,009$617$370$182
39 years$2,396$1,530$945$569$336$161
40 years$2,310$1,456$886$525$304$143
41 years$2,229$1,386$831$484$276$127
42 years$2,152$1,320$779$447$251$112
43 years$2,078$1,257$731$412$227$100
44 years$2,008$1,198$686$381$206$88
45 years$1,941$1,143$644$352$187$78
46 years$1,878$1,090$605$325$170$69
47 years$1,817$1,040$569$300$155$62
48 years$1,759$993$534$277$140$55
49 years$1,703$948$502$256$127$48
50 years$1,650$906$472$237$116$43

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 $5,961 every year, while hoping to spend $58,328 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: 35/43/22 Blend
43$1,690,000$1,690,000$1,690,000$1,690,000
44$1,868,529$1,778,959$1,752,764$1,921,258
45$1,997,058$1,804,067$1,749,421$1,985,772
46$2,136,743$1,828,451$1,744,011$2,049,543
47$2,288,658$1,852,013$1,736,403$2,117,165
48$2,453,990$1,874,650$1,726,461$2,189,016
49$2,634,039$1,896,250$1,714,040$2,265,518
50$2,830,241$1,916,696$1,698,990$2,347,135
51$3,044,172$1,935,861$1,681,152$2,434,384
52$3,277,569$1,953,610$1,660,363$2,527,836
53$3,532,344$1,969,800$1,636,448$2,628,123
54$3,810,601$1,984,277$1,609,227$2,735,949
55$4,114,655$1,996,880$1,578,509$2,852,089
56$4,447,058$2,007,435$1,544,096$2,977,404
57$4,810,615$2,015,757$1,505,781$3,112,847
58$5,208,419$2,021,650$1,463,347$3,259,471
59$5,643,874$2,024,907$1,416,564$3,418,446
60$6,120,727$2,025,305$1,365,197$3,591,062
61$6,643,106$2,022,610$1,308,996$3,778,749
62$7,215,557$2,016,572$1,247,702$3,983,090
63$7,843,086$2,006,926$1,181,042$4,205,832
64$8,531,206$1,993,391$1,108,732$4,448,913
65$9,285,991$1,975,669$1,030,476$4,714,472
66$10,114,128$1,953,443$945,964$5,004,877
67$11,022,986$1,926,379$854,870$5,322,744
68$12,020,680$1,894,120$756,858$5,670,967
69$13,116,149$1,856,292$651,572$6,052,743
70$14,319,241$1,812,495$538,644$6,471,608
71$15,640,803$1,762,307$417,689$6,931,467
72$17,092,786$1,705,281$288,302$7,436,636
73$18,688,355$1,640,945$150,065$7,991,886
74$20,442,013$1,568,797$2,539$8,602,484
75$22,369,739$1,488,309$0$9,274,251
76$24,489,136$1,398,920$0$10,049,976
77$26,819,599$1,300,038$0$10,903,398
78$29,382,495$1,191,036$0$11,841,879
79$32,201,367$1,071,254$0$12,874,199
80$35,302,151$939,990$0$14,010,047
81$38,713,427$796,507$0$15,260,110
82$42,466,683$640,022$0$16,636,181
83$46,596,613$469,711$0$18,151,267
84$51,141,442$284,702$0$19,819,719
85$56,143,291$84,074$0$21,657,365
86$61,648,570$0$0$23,681,668
87$67,708,415$0$0$25,974,885
88$74,379,173$0$0$28,543,379
89$81,722,929$0$0$31,371,309
90$89,808,097$0$0$34,485,057
91$98,710,058$0$0$37,913,695
92$108,511,879$0$0$41,689,256
93$119,305,087$0$0$45,847,037
94$131,190,539$0$0$50,425,935
95$144,279,372$0$0$55,468,808
96$158,694,049$0$0$61,022,887
97$174,569,516$0$0$67,140,215
98$192,054,474$0$0$73,878,139
99$211,312,781$0$0$81,299,854
100$232,525,002$0$0$89,474,997