Can I retire at age 44 with 1,550,000?

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 $1,550,000?

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$127,998$126,857$125,745$124,659$123,599$122,207
2 years$63,365$62,185$61,041$59,932$58,857$57,455
3 years$41,824$40,639$39,498$38,399$37,341$35,974
4 years$31,055$29,874$28,744$27,664$26,632$25,309
5 years$24,596$23,421$22,307$21,249$20,245$18,971
6 years$20,291$19,125$18,027$16,993$16,019$14,795
7 years$17,217$16,061$14,981$13,971$13,028$11,854
8 years$14,913$13,768$12,705$11,720$10,808$9,685
9 years$13,122$11,987$10,943$9,983$9,102$8,029
10 years$11,690$10,566$9,540$8,605$7,755$6,732
11 years$10,519$9,406$8,399$7,489$6,670$5,695
12 years$9,543$8,443$7,454$6,569$5,780$4,852
13 years$8,719$7,630$6,659$5,799$5,040$4,159
14 years$8,013$6,935$5,984$5,148$4,418$3,582
15 years$7,402$6,335$5,402$4,591$3,890$3,098
16 years$6,867$5,813$4,898$4,111$3,438$2,688
17 years$6,396$5,353$4,457$3,694$3,048$2,340
18 years$5,978$4,947$4,069$3,329$2,711$2,041
19 years$5,604$4,584$3,725$3,008$2,416$1,785
20 years$5,268$4,260$3,418$2,724$2,158$1,564
21 years$4,964$3,968$3,144$2,472$1,931$1,372
22 years$4,689$3,704$2,898$2,248$1,731$1,205
23 years$4,437$3,464$2,676$2,047$1,554$1,060
24 years$4,207$3,246$2,475$1,867$1,397$933
25 years$3,996$3,046$2,292$1,705$1,257$823
26 years$3,801$2,863$2,126$1,559$1,132$726
27 years$3,621$2,694$1,974$1,427$1,021$640
28 years$3,455$2,539$1,835$1,308$921$566
29 years$3,300$2,395$1,708$1,199$832$500
30 years$3,155$2,262$1,591$1,100$751$442
31 years$3,020$2,138$1,483$1,011$679$391
32 years$2,894$2,023$1,383$929$615$346
33 years$2,776$1,916$1,292$854$556$306
34 years$2,665$1,816$1,207$786$504$271
35 years$2,560$1,722$1,128$723$456$240
36 years$2,462$1,635$1,056$666$413$213
37 years$2,369$1,553$988$614$374$188
38 years$2,281$1,476$925$566$340$167
39 years$2,198$1,403$867$522$308$148
40 years$2,119$1,335$813$481$279$131
41 years$2,044$1,271$762$444$253$116
42 years$1,973$1,210$715$410$230$103
43 years$1,906$1,153$671$378$209$91
44 years$1,842$1,099$629$349$189$81
45 years$1,780$1,048$591$323$172$72
46 years$1,722$1,000$555$298$156$64
47 years$1,666$954$522$275$142$57
48 years$1,613$911$490$254$129$50
49 years$1,562$870$461$235$117$44
50 years$1,513$831$433$217$106$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,550,000, adding $5,825 every year, while hoping to spend $45,791 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: 67/17/16 Blend
43$1,550,000$1,550,000$1,550,000$1,550,000
44$1,714,108$1,631,958$1,607,933$1,822,017
45$1,840,226$1,663,203$1,613,078$1,926,047
46$1,977,673$1,694,444$1,616,860$2,033,852
47$2,127,557$1,725,633$1,619,186$2,150,593
48$2,291,096$1,756,717$1,619,957$2,277,145
49$2,469,631$1,787,640$1,619,069$2,414,471
50$2,664,640$1,818,340$1,616,414$2,563,632
51$2,877,747$1,848,753$1,611,878$2,725,798
52$3,110,743$1,878,807$1,605,341$2,902,258
53$3,365,597$1,908,428$1,596,679$3,094,434
54$3,644,480$1,937,532$1,585,759$3,303,890
55$3,949,780$1,966,034$1,572,445$3,532,353
56$4,284,127$1,993,840$1,556,592$3,781,724
57$4,650,420$2,020,849$1,538,049$4,054,099
58$5,051,847$2,046,956$1,516,659$4,351,790
59$5,491,924$2,072,044$1,492,254$4,677,343
60$5,974,519$2,095,993$1,464,664$5,033,565
61$6,503,894$2,118,672$1,433,705$5,423,550
62$7,084,746$2,139,941$1,399,188$5,850,708
63$7,722,244$2,159,652$1,360,915$6,318,797
64$8,422,084$2,177,647$1,318,677$6,831,962
65$9,190,542$2,193,757$1,272,258$7,394,769
66$10,034,529$2,207,802$1,221,430$8,012,253
67$10,961,659$2,219,592$1,165,956$8,689,960
68$11,980,319$2,228,924$1,105,587$9,434,009
69$13,099,751$2,235,581$1,040,064$10,251,139
70$14,330,135$2,239,333$969,115$11,148,783
71$15,682,685$2,239,937$892,456$12,135,129
72$17,169,758$2,237,132$809,793$13,219,207
73$18,804,966$2,230,645$720,814$14,410,968
74$20,603,309$2,220,183$625,197$15,721,379
75$22,581,310$2,205,435$522,605$17,162,531
76$24,757,175$2,186,074$412,684$18,747,750
77$27,150,965$2,161,749$295,067$20,491,723
78$29,784,781$2,132,093$169,369$22,410,640
79$32,682,976$2,096,712$35,190$24,522,346
80$35,872,381$2,055,192$0$26,846,509
81$39,382,561$2,007,094$0$29,423,245
82$43,246,092$1,951,951$0$32,265,621
83$47,498,869$1,889,272$0$35,394,035
84$52,180,441$1,818,534$0$38,837,597
85$57,334,389$1,739,186$0$42,628,385
86$63,008,734$1,650,643$0$46,801,748
87$69,256,389$1,552,288$0$51,396,646
88$76,135,658$1,443,468$0$56,456,009
89$83,710,789$1,323,492$0$62,027,150
90$92,052,576$1,191,629$0$68,162,210
91$101,239,029$1,047,109$0$74,918,647
92$111,356,108$889,116$0$82,359,784
93$122,498,536$716,788$0$90,555,404
94$134,770,692$529,215$0$99,582,410
95$148,287,592$325,437$0$109,525,554
96$163,175,981$104,437$0$120,478,233
97$179,575,521$0$0$132,543,375
98$197,640,115$0$0$145,859,636
99$217,539,357$0$0$160,549,964
100$239,460,129$0$0$176,732,804