Can I retire at age 44 with 1,610,000?

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 $1,610,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$132,952$131,768$130,613$129,485$128,384$123,241
2 years$65,818$64,592$63,404$62,252$61,135$56,019
3 years$43,443$42,212$41,027$39,886$38,787$33,857
4 years$32,257$31,030$29,857$28,735$27,663$22,959
5 years$25,548$24,328$23,170$22,072$21,029$16,561
6 years$21,076$19,866$18,725$17,651$16,639$12,411
7 years$17,884$16,683$15,561$14,512$13,532$9,542
8 years$15,490$14,300$13,197$12,173$11,226$7,470
9 years$13,630$12,451$11,366$10,369$9,454$5,925
10 years$12,142$10,975$9,909$8,938$8,055$4,748
11 years$10,926$9,770$8,724$7,779$6,928$3,833
12 years$9,913$8,769$7,742$6,823$6,004$3,114
13 years$9,056$7,925$6,917$6,024$5,235$2,541
14 years$8,323$7,204$6,215$5,347$4,589$2,082
15 years$7,688$6,581$5,611$4,769$4,041$1,711
16 years$7,133$6,038$5,088$4,270$3,571$1,409
17 years$6,644$5,560$4,630$3,837$3,166$1,163
18 years$6,209$5,138$4,226$3,458$2,815$962
19 years$5,821$4,762$3,869$3,124$2,509$796
20 years$5,472$4,425$3,551$2,830$2,242$660
21 years$5,157$4,122$3,266$2,568$2,006$548
22 years$4,870$3,847$3,010$2,335$1,798$455
23 years$4,609$3,598$2,779$2,126$1,614$378
24 years$4,370$3,372$2,570$1,939$1,451$314
25 years$4,151$3,164$2,381$1,771$1,305$261
26 years$3,949$2,974$2,208$1,619$1,176$217
27 years$3,762$2,799$2,050$1,482$1,060$181
28 years$3,588$2,637$1,906$1,358$957$150
29 years$3,427$2,488$1,774$1,245$864$125
30 years$3,277$2,349$1,652$1,143$780$104
31 years$3,137$2,221$1,540$1,050$706$87
32 years$3,006$2,102$1,437$965$638$72
33 years$2,883$1,990$1,342$887$578$60
34 years$2,768$1,886$1,254$816$523$50
35 years$2,659$1,789$1,172$751$474$42
36 years$2,557$1,698$1,096$692$429$35
37 years$2,461$1,613$1,026$638$389$29
38 years$2,369$1,533$961$588$353$24
39 years$2,283$1,457$900$542$320$20
40 years$2,201$1,387$844$500$290$17
41 years$2,123$1,320$791$461$263$14
42 years$2,050$1,257$742$426$239$12
43 years$1,980$1,198$697$393$217$10
44 years$1,913$1,142$654$363$197$8
45 years$1,849$1,089$614$335$179$7
46 years$1,789$1,039$577$309$162$6
47 years$1,731$991$542$286$147$5
48 years$1,675$946$509$264$134$4
49 years$1,623$904$479$244$121$3
50 years$1,572$863$450$226$110$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,610,000, adding $2,663 every year, while hoping to spend $46,639 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: 51/37/12 Blend
43$1,610,000$1,610,000$1,610,000$1,610,000
44$1,776,967$1,691,637$1,666,682$1,861,764
45$1,908,594$1,724,904$1,672,892$1,953,307
46$2,052,084$1,758,237$1,677,747$2,047,608
47$2,208,597$1,791,592$1,681,153$2,149,059
48$2,379,412$1,824,917$1,683,009$2,258,349
49$2,565,934$1,858,161$1,683,212$2,376,233
50$2,769,712$1,891,263$1,681,653$2,503,546
51$2,992,450$1,924,162$1,678,215$2,641,208
52$3,236,025$1,956,791$1,672,780$2,790,231
53$3,502,501$1,989,076$1,665,220$2,951,733
54$3,794,155$2,020,939$1,655,404$3,126,947
55$4,113,492$2,052,298$1,643,193$3,317,231
56$4,463,269$2,083,062$1,628,441$3,524,081
57$4,846,525$2,113,134$1,610,996$3,749,150
58$5,266,605$2,142,412$1,590,698$3,994,258
59$5,727,193$2,170,785$1,567,382$4,261,412
60$6,232,349$2,198,135$1,540,871$4,552,827
61$6,786,541$2,224,337$1,510,983$4,870,941
62$7,394,694$2,249,255$1,477,526$5,218,448
63$8,062,230$2,272,746$1,440,301$5,598,314
64$8,795,123$2,294,655$1,399,096$6,013,810
65$9,599,953$2,314,821$1,353,693$6,468,546
66$10,483,969$2,333,068$1,303,863$6,966,498
67$11,455,156$2,349,211$1,249,365$7,512,054
68$12,522,313$2,363,053$1,189,949$8,110,050
69$13,695,129$2,374,382$1,125,352$8,765,819
70$14,984,281$2,382,977$1,055,302$9,485,241
71$16,401,534$2,388,598$979,510$10,274,799
72$17,959,845$2,390,994$897,678$11,141,642
73$19,673,492$2,389,896$809,493$12,093,651
74$21,558,206$2,385,019$714,629$13,139,516
75$23,631,319$2,376,061$612,745$14,288,819
76$25,911,926$2,362,700$503,484$15,552,124
77$28,421,066$2,344,596$386,475$16,941,076
78$31,181,921$2,321,388$261,328$18,468,516
79$34,220,034$2,292,693$127,640$20,148,601
80$37,563,548$2,258,105$0$21,996,939
81$41,243,471$2,217,193$0$24,032,660
82$45,293,973$2,169,503$0$26,290,375
83$49,752,701$2,114,552$0$28,774,695
84$54,661,140$2,051,829$0$31,508,738
85$60,065,000$1,980,792$0$34,517,983
86$66,014,649$1,900,870$0$37,830,515
87$72,565,588$1,811,457$0$41,477,292
88$79,778,971$1,711,912$0$45,492,435
89$87,722,188$1,601,558$0$49,913,554
90$96,469,495$1,479,678$0$54,782,105
91$106,102,716$1,345,514$0$60,143,781
92$116,712,016$1,198,267$0$66,048,943
93$128,396,749$1,037,089$0$72,553,104
94$141,266,398$861,087$0$79,717,448
95$155,441,606$669,316$0$87,609,410
96$171,055,316$460,779$0$96,303,320
97$188,254,022$234,421$0$105,881,102
98$207,199,155$0$0$116,433,050
99$228,068,602$0$0$128,063,110
100$251,058,391$0$0$140,980,176