Can I retire at age 44 with 1,650,000?

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 $1,650,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$136,255$135,042$133,858$132,702$131,573$127,311
2 years$67,453$66,197$64,979$63,799$62,654$58,399
3 years$44,522$43,260$42,046$40,877$39,750$35,637
4 years$33,059$31,801$30,599$29,449$28,350$24,410
5 years$26,183$24,932$23,746$22,620$21,551$17,795
6 years$21,600$20,359$19,190$18,089$17,053$13,483
7 years$18,328$17,098$15,947$14,872$13,869$10,486
8 years$15,875$14,656$13,524$12,476$11,505$8,306
9 years$13,968$12,761$11,649$10,627$9,689$6,670
10 years$12,444$11,248$10,156$9,160$8,256$5,413
11 years$11,197$10,013$8,941$7,972$7,100$4,427
12 years$10,159$8,987$7,935$6,993$6,153$3,645
13 years$9,281$8,122$7,089$6,174$5,365$3,016
14 years$8,530$7,383$6,370$5,480$4,703$2,505
15 years$7,879$6,744$5,751$4,887$4,141$2,088
16 years$7,310$6,188$5,214$4,376$3,660$1,745
17 years$6,809$5,699$4,745$3,932$3,245$1,462
18 years$6,363$5,266$4,331$3,543$2,885$1,227
19 years$5,966$4,880$3,965$3,202$2,572$1,032
20 years$5,608$4,535$3,639$2,900$2,297$868
21 years$5,285$4,224$3,347$2,632$2,056$732
22 years$4,991$3,943$3,085$2,393$1,843$617
23 years$4,724$3,688$2,848$2,179$1,654$521
24 years$4,479$3,455$2,634$1,988$1,487$440
25 years$4,254$3,243$2,440$1,815$1,338$372
26 years$4,047$3,048$2,263$1,660$1,205$314
27 years$3,855$2,868$2,101$1,519$1,086$266
28 years$3,677$2,703$1,953$1,392$980$225
29 years$3,512$2,550$1,818$1,276$885$190
30 years$3,359$2,408$1,693$1,171$800$161
31 years$3,215$2,276$1,578$1,076$723$136
32 years$3,081$2,154$1,473$989$654$115
33 years$2,955$2,040$1,375$909$592$98
34 years$2,837$1,933$1,285$837$536$83
35 years$2,725$1,834$1,201$770$485$70
36 years$2,621$1,740$1,124$709$440$59
37 years$2,522$1,653$1,052$653$399$50
38 years$2,428$1,571$985$602$361$43
39 years$2,340$1,494$923$555$328$36
40 years$2,256$1,421$865$512$297$31
41 years$2,176$1,353$811$473$270$26
42 years$2,101$1,288$761$436$245$22
43 years$2,029$1,228$714$403$222$19
44 years$1,960$1,170$670$372$202$16
45 years$1,895$1,116$629$343$183$13
46 years$1,833$1,064$591$317$166$11
47 years$1,774$1,016$555$293$151$10
48 years$1,717$970$522$271$137$8
49 years$1,663$926$490$250$124$7
50 years$1,611$885$461$231$113$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,650,000, adding $2,218 every year, while hoping to spend $26,020 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: 47/42/11 Blend
43$1,650,000$1,650,000$1,650,000$1,650,000
44$1,820,588$1,733,138$1,707,563$1,900,500
45$1,978,603$1,790,377$1,737,081$2,013,081
46$2,151,863$1,849,548$1,766,716$2,132,321
47$2,341,896$1,910,719$1,796,444$2,261,142
48$2,550,385$1,973,960$1,826,241$2,400,444
49$2,779,183$2,039,342$1,856,078$2,551,214
50$3,030,330$2,106,941$1,885,928$2,714,541
51$3,306,077$2,176,833$1,915,759$2,891,620
52$3,608,899$2,249,101$1,945,539$3,083,764
53$3,941,525$2,323,825$1,975,233$3,292,421
54$4,306,962$2,401,094$2,004,805$3,519,181
55$4,708,520$2,480,995$2,034,214$3,765,793
56$5,149,848$2,563,623$2,063,419$4,034,185
57$5,634,965$2,649,073$2,092,376$4,326,474
58$6,168,299$2,737,445$2,121,038$4,644,994
59$6,754,727$2,828,841$2,149,354$4,992,309
60$7,399,625$2,923,370$2,177,273$5,371,247
61$8,108,914$3,021,142$2,204,739$5,784,915
62$8,889,117$3,122,273$2,231,692$6,236,737
63$9,747,424$3,226,881$2,258,071$6,730,483
64$10,691,755$3,335,092$2,283,810$7,270,301
65$11,730,835$3,447,032$2,308,838$7,860,759
66$12,874,279$3,562,836$2,333,084$8,506,889
67$14,132,682$3,682,642$2,356,469$9,214,230
68$15,517,717$3,806,593$2,378,912$9,988,881
69$17,042,246$3,934,837$2,400,327$10,837,561
70$18,720,441$4,067,530$2,420,624$11,767,667
71$20,567,918$4,204,831$2,439,707$12,787,348
72$22,601,885$4,346,907$2,457,476$13,905,577
73$24,841,302$4,493,930$2,473,826$15,132,240
74$27,307,060$4,646,078$2,488,645$16,478,224
75$30,022,183$4,803,539$2,501,817$17,955,520
76$33,012,037$4,966,503$2,513,219$19,577,340
77$36,304,575$5,135,172$2,522,722$21,358,234
78$39,930,599$5,309,753$2,530,191$23,314,233
79$43,924,050$5,490,461$2,535,483$25,462,995
80$48,322,331$5,677,521$2,538,449$27,823,973
81$53,166,654$5,871,165$2,538,932$30,418,598
82$58,502,434$6,071,634$2,536,768$33,270,481
83$64,379,717$6,279,178$2,531,784$36,405,633
84$70,853,649$6,494,059$2,523,799$39,852,710
85$77,984,998$6,716,545$2,512,624$43,643,285
86$85,840,730$6,946,917$2,498,059$47,812,142
87$94,494,636$7,185,468$2,479,895$52,397,606
88$104,028,033$7,432,500$2,457,915$57,441,904
89$114,530,526$7,688,326$2,431,890$62,991,558
90$126,100,861$7,953,275$2,401,579$69,097,828
91$138,847,848$8,227,685$2,366,731$75,817,195
92$152,891,396$8,511,910$2,327,085$83,211,889
93$168,363,640$8,806,315$2,282,363$91,350,478
94$185,410,188$9,111,281$2,232,280$100,308,515
95$204,191,499$9,427,205$2,176,532$110,169,246
96$224,884,391$9,754,497$2,114,805$121,024,401
97$247,683,717$10,093,585$2,046,769$132,975,051
98$272,804,199$10,444,914$1,972,079$146,132,567
99$300,482,458$10,808,946$1,890,374$160,619,666
100$330,979,245$11,186,160$1,801,278$176,571,572