Can I retire at age 44 with 1,630,000?

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 $1,630,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$134,604$133,405$132,235$131,093$129,978$128,195
2 years$66,636$65,395$64,192$63,026$61,895$60,101
3 years$43,982$42,736$41,536$40,381$39,268$37,520
4 years$32,658$31,416$30,228$29,092$28,007$26,317
5 years$25,865$24,630$23,458$22,346$21,290$19,665
6 years$21,338$20,112$18,958$17,870$16,846$15,287
7 years$18,106$16,890$15,754$14,692$13,700$12,207
8 years$15,683$14,478$13,361$12,325$11,366$9,939
9 years$13,799$12,606$11,507$10,498$9,572$8,211
10 years$12,293$11,111$10,032$9,049$8,156$6,859
11 years$11,061$9,892$8,832$7,876$7,014$5,781
12 years$10,036$8,878$7,839$6,908$6,078$4,907
13 years$9,169$8,023$7,003$6,099$5,300$4,189
14 years$8,426$7,293$6,292$5,414$4,646$3,594
15 years$7,784$6,662$5,681$4,828$4,091$3,095
16 years$7,222$6,113$5,151$4,323$3,616$2,675
17 years$6,726$5,629$4,687$3,884$3,206$2,318
18 years$6,286$5,202$4,279$3,500$2,850$2,014
19 years$5,893$4,821$3,917$3,163$2,541$1,753
20 years$5,540$4,480$3,595$2,865$2,269$1,529
21 years$5,221$4,173$3,306$2,600$2,031$1,336
22 years$4,931$3,895$3,047$2,364$1,820$1,168
23 years$4,666$3,643$2,814$2,153$1,634$1,023
24 years$4,425$3,413$2,602$1,964$1,469$896
25 years$4,202$3,203$2,410$1,793$1,322$786
26 years$3,998$3,011$2,235$1,640$1,190$690
27 years$3,808$2,833$2,076$1,501$1,073$606
28 years$3,633$2,670$1,930$1,375$968$533
29 years$3,470$2,519$1,796$1,261$875$469
30 years$3,318$2,379$1,673$1,157$790$412
31 years$3,176$2,249$1,559$1,063$714$363
32 years$3,043$2,128$1,455$977$646$319
33 years$2,919$2,015$1,358$898$585$281
34 years$2,802$1,910$1,269$826$529$248
35 years$2,692$1,811$1,187$761$480$218
36 years$2,589$1,719$1,110$701$435$192
37 years$2,491$1,633$1,039$646$394$170
38 years$2,399$1,552$973$595$357$150
39 years$2,311$1,476$912$549$324$132
40 years$2,228$1,404$854$506$294$116
41 years$2,150$1,336$801$467$266$103
42 years$2,075$1,273$752$431$242$90
43 years$2,004$1,213$705$398$219$80
44 years$1,937$1,156$662$367$199$70
45 years$1,872$1,102$622$339$181$62
46 years$1,811$1,052$584$313$164$55
47 years$1,752$1,003$548$289$149$48
48 years$1,696$958$515$267$135$43
49 years$1,643$915$484$247$123$38
50 years$1,591$874$455$228$112$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,630,000, adding $6,507 every year, while hoping to spend $49,766 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: 58/23/19 Blend
43$1,630,000$1,630,000$1,630,000$1,630,000
44$1,802,972$1,716,582$1,691,317$1,898,147
45$1,933,924$1,747,744$1,695,025$1,994,675
46$2,076,566$1,778,765$1,697,190$2,093,884
47$2,232,037$1,809,585$1,697,707$2,200,924
48$2,401,591$1,840,141$1,696,466$2,316,561
49$2,586,609$1,870,364$1,693,354$2,441,638
50$2,788,610$1,900,179$1,688,249$2,577,086
51$3,009,268$1,929,507$1,681,025$2,723,929
52$3,250,424$1,958,264$1,671,549$2,883,298
53$3,514,106$1,986,357$1,659,685$3,056,440
54$3,802,545$2,013,689$1,645,285$3,244,729
55$4,118,200$2,040,155$1,628,197$3,449,683
56$4,463,778$2,065,644$1,608,263$3,672,973
57$4,842,259$2,090,036$1,585,315$3,916,441
58$5,256,924$2,113,203$1,559,178$4,182,122
59$5,711,389$2,135,009$1,529,670$4,472,256
60$6,209,635$2,155,308$1,496,598$4,789,316
61$6,756,046$2,173,946$1,459,762$5,136,027
62$7,355,451$2,190,758$1,418,952$5,515,396
63$8,013,170$2,205,568$1,373,950$5,930,737
64$8,735,060$2,218,188$1,324,525$6,385,704
65$9,527,578$2,228,421$1,270,437$6,884,328
66$10,397,830$2,236,053$1,211,436$7,431,052
67$11,353,649$2,240,859$1,147,260$8,030,777
68$12,403,661$2,242,602$1,077,633$8,688,905
69$13,557,371$2,241,026$1,002,270$9,411,392
70$14,825,249$2,235,862$920,872$10,204,809
71$16,218,828$2,226,822$833,125$11,076,395
72$17,750,816$2,213,605$738,702$12,034,138
73$19,435,213$2,195,886$637,263$13,086,839
74$21,287,445$2,173,324$528,451$14,244,206
75$23,324,504$2,145,556$411,894$15,516,940
76$25,565,113$2,112,199$287,203$16,916,840
77$28,029,903$2,072,844$153,972$18,456,913
78$30,741,601$2,027,062$11,778$20,151,500
79$33,725,251$1,974,394$0$22,016,410
80$37,008,445$1,914,358$0$24,097,449
81$40,621,587$1,846,442$0$26,389,847
82$44,598,174$1,770,103$0$28,912,496
83$48,975,119$1,684,770$0$31,688,847
84$53,793,092$1,589,834$0$34,744,750
85$59,096,908$1,484,656$0$38,108,692
86$64,935,946$1,368,558$0$41,812,071
87$71,364,617$1,240,822$0$45,889,490
88$78,442,876$1,100,690$0$50,379,087
89$86,236,789$947,363$0$55,322,894
90$94,819,151$779,994$0$60,767,235
91$104,270,181$597,690$0$66,763,165
92$114,678,269$399,506$0$73,366,953
93$126,140,816$184,446$0$80,640,610
94$138,765,153$0$0$88,652,484
95$152,669,548$0$0$97,490,184
96$167,984,327$0$0$107,275,941
97$184,853,102$0$0$118,054,860
98$203,434,124$0$0$129,928,087
99$223,901,781$0$0$143,007,080
100$246,448,235$0$0$157,414,659