Can I retire at age 44 with 1,560,000?

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 $1,560,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.6%
1 years$128,823$127,676$126,556$125,464$124,397$120,078
2 years$63,774$62,586$61,435$60,319$59,236$54,931
3 years$42,094$40,901$39,753$38,647$37,582$33,424
4 years$31,256$30,066$28,930$27,843$26,804$22,825
5 years$24,754$23,572$22,451$21,386$20,376$16,587
6 years$20,422$19,249$18,143$17,103$16,123$12,527
7 years$17,328$16,165$15,077$14,061$13,112$9,708
8 years$15,009$13,856$12,787$11,795$10,878$7,663
9 years$13,206$12,064$11,013$10,047$9,161$6,131
10 years$11,765$10,634$9,602$8,661$7,805$4,956
11 years$10,586$9,467$8,453$7,537$6,713$4,039
12 years$9,605$8,497$7,502$6,611$5,817$3,311
13 years$8,775$7,679$6,702$5,837$5,073$2,729
14 years$8,065$6,980$6,022$5,181$4,447$2,257
15 years$7,449$6,376$5,437$4,621$3,915$1,874
16 years$6,911$5,850$4,930$4,137$3,460$1,559
17 years$6,437$5,388$4,486$3,717$3,068$1,301
18 years$6,016$4,979$4,095$3,350$2,728$1,087
19 years$5,640$4,614$3,749$3,027$2,432$909
20 years$5,302$4,288$3,440$2,742$2,172$762
21 years$4,996$3,994$3,164$2,488$1,944$639
22 years$4,719$3,728$2,917$2,262$1,742$536
23 years$4,466$3,487$2,693$2,060$1,564$451
24 years$4,235$3,267$2,491$1,879$1,406$379
25 years$4,022$3,066$2,307$1,716$1,265$318
26 years$3,826$2,881$2,139$1,569$1,139$268
27 years$3,645$2,712$1,987$1,436$1,027$225
28 years$3,477$2,555$1,847$1,316$927$190
29 years$3,321$2,411$1,719$1,207$837$160
30 years$3,175$2,276$1,601$1,108$756$135
31 years$3,040$2,152$1,492$1,017$684$113
32 years$2,913$2,036$1,392$935$618$96
33 years$2,794$1,928$1,300$860$560$80
34 years$2,682$1,828$1,215$791$507$68
35 years$2,577$1,733$1,136$728$459$57
36 years$2,478$1,645$1,062$671$416$48
37 years$2,384$1,563$994$618$377$41
38 years$2,296$1,485$931$569$342$34
39 years$2,212$1,412$872$525$310$29
40 years$2,133$1,344$818$484$281$24
41 years$2,058$1,279$767$447$255$21
42 years$1,986$1,218$719$412$231$17
43 years$1,918$1,161$675$381$210$15
44 years$1,854$1,106$634$351$191$12
45 years$1,792$1,055$595$325$173$10
46 years$1,733$1,006$559$300$157$9
47 years$1,677$960$525$277$143$7
48 years$1,623$917$493$256$130$6
49 years$1,572$875$464$237$118$5
50 years$1,523$836$436$219$107$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,560,000, adding $3,174 every year, while hoping to spend $27,360 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: 63/8/29 Blend
43$1,560,000$1,560,000$1,560,000$1,560,000
44$1,722,394$1,639,714$1,615,534$1,817,339
45$1,868,967$1,690,949$1,640,544$1,933,417
46$2,029,574$1,743,778$1,665,474$2,056,897
47$2,205,617$1,798,249$1,690,294$2,191,200
48$2,398,641$1,854,414$1,714,969$2,337,393
49$2,610,346$1,912,325$1,739,465$2,496,652
50$2,842,608$1,972,035$1,763,743$2,670,270
51$3,097,489$2,033,600$1,787,764$2,859,673
52$3,377,264$2,097,077$1,811,485$3,066,432
53$3,684,436$2,162,525$1,834,861$3,292,277
54$4,021,765$2,230,005$1,857,845$3,539,114
55$4,392,289$2,299,579$1,880,387$3,809,043
56$4,799,356$2,371,312$1,902,433$4,104,378
57$5,246,654$2,445,270$1,923,928$4,427,669
58$5,738,246$2,521,522$1,944,813$4,781,724
59$6,278,608$2,600,137$1,965,025$5,169,638
60$6,872,671$2,681,189$1,984,499$5,594,821
61$7,525,869$2,764,753$2,003,165$6,061,031
62$8,244,186$2,850,905$2,020,950$6,572,408
63$9,034,219$2,939,725$2,037,777$7,133,514
64$9,903,232$3,031,294$2,053,566$7,749,376
65$10,859,231$3,125,697$2,068,230$8,425,535
66$11,911,038$3,223,021$2,081,681$9,168,093
67$13,068,369$3,323,355$2,093,823$9,983,779
68$14,341,935$3,426,791$2,104,558$10,880,003
69$15,743,533$3,533,424$2,113,781$11,864,935
70$17,286,163$3,643,352$2,121,382$12,947,576
71$18,984,151$3,756,675$2,127,248$14,137,843
72$20,853,279$3,873,498$2,131,256$15,446,670
73$22,910,940$3,993,926$2,133,279$16,886,099
74$25,176,297$4,118,069$2,133,185$18,469,406
75$27,670,467$4,246,042$2,130,834$20,211,219
76$30,416,717$4,377,960$2,126,079$22,127,657
77$33,440,685$4,513,944$2,118,767$24,236,484
78$36,770,625$4,654,117$2,108,735$26,557,278
79$40,437,667$4,798,607$2,095,816$29,111,610
80$44,476,115$4,947,544$2,079,832$31,923,256
81$48,923,770$5,101,065$2,060,597$35,018,415
82$53,822,284$5,259,307$2,037,917$38,425,958
83$59,217,558$5,422,414$2,011,589$42,177,703
84$65,160,171$5,590,534$1,981,398$46,308,713
85$71,705,856$5,763,818$1,947,123$50,857,629
86$78,916,030$5,942,422$1,908,528$55,867,033
87$86,858,372$6,126,508$1,865,371$61,383,851
88$95,607,459$6,316,240$1,817,394$67,459,798
89$105,245,474$6,511,789$1,764,330$74,151,864
90$115,862,976$6,713,331$1,705,900$81,522,852
91$127,559,762$6,921,046$1,641,809$89,641,973
92$140,445,800$7,135,120$1,571,753$98,585,500
93$154,642,275$7,355,745$1,495,410$108,437,485
94$170,282,727$7,583,116$1,412,446$119,290,558
95$187,514,314$7,817,438$1,322,512$131,246,795
96$206,499,200$8,058,918$1,225,242$144,418,690
97$227,416,084$8,307,770$1,120,253$158,930,211
98$250,461,890$8,564,217$1,007,147$174,917,972
99$275,853,624$8,828,484$885,507$192,532,526
100$303,830,420$9,100,806$754,898$211,939,786