Can I retire at age 44 with 1,470,000?

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 $1,470,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$121,391$120,310$119,255$118,225$117,220$114,016
2 years$60,095$58,975$57,891$56,839$55,819$52,615
3 years$39,665$38,541$37,459$36,417$35,414$32,309
4 years$29,452$28,332$27,261$26,237$25,257$22,277
5 years$23,326$22,212$21,155$20,152$19,200$16,351
6 years$19,244$18,138$17,097$16,116$15,193$12,478
7 years$16,329$15,232$14,207$13,250$12,356$9,776
8 years$14,143$13,057$12,049$11,115$10,250$7,803
9 years$12,444$11,368$10,378$9,467$8,632$6,316
10 years$11,086$10,021$9,048$8,161$7,355$5,167
11 years$9,976$8,921$7,965$7,103$6,326$4,262
12 years$9,051$8,007$7,069$6,230$5,482$3,539
13 years$8,269$7,236$6,316$5,500$4,780$2,954
14 years$7,599$6,577$5,675$4,882$4,190$2,476
15 years$7,020$6,008$5,124$4,354$3,689$2,083
16 years$6,513$5,513$4,645$3,899$3,261$1,757
17 years$6,066$5,077$4,227$3,503$2,891$1,486
18 years$5,669$4,691$3,859$3,157$2,571$1,260
19 years$5,315$4,348$3,532$2,852$2,291$1,069
20 years$4,996$4,040$3,242$2,583$2,047$909
21 years$4,708$3,763$2,982$2,345$1,831$774
22 years$4,447$3,513$2,748$2,132$1,642$659
23 years$4,208$3,286$2,538$1,942$1,474$562
24 years$3,990$3,078$2,347$1,771$1,325$479
25 years$3,790$2,889$2,174$1,617$1,192$409
26 years$3,605$2,715$2,016$1,479$1,074$350
27 years$3,435$2,555$1,872$1,353$968$299
28 years$3,276$2,408$1,740$1,240$873$256
29 years$3,129$2,271$1,619$1,137$789$219
30 years$2,992$2,145$1,508$1,044$713$187
31 years$2,864$2,028$1,406$958$644$160
32 years$2,745$1,919$1,312$881$583$137
33 years$2,633$1,817$1,225$810$527$117
34 years$2,527$1,722$1,145$745$478$100
35 years$2,428$1,633$1,070$686$433$86
36 years$2,335$1,550$1,001$632$392$74
37 years$2,247$1,473$937$582$355$63
38 years$2,163$1,399$877$537$322$54
39 years$2,084$1,331$822$495$292$46
40 years$2,010$1,266$771$456$265$40
41 years$1,939$1,205$723$421$240$34
42 years$1,872$1,148$678$389$218$29
43 years$1,808$1,094$636$359$198$25
44 years$1,747$1,042$597$331$180$21
45 years$1,689$994$561$306$163$18
46 years$1,633$948$526$283$148$16
47 years$1,580$905$495$261$134$13
48 years$1,530$864$465$241$122$11
49 years$1,481$825$437$223$111$10
50 years$1,435$788$411$206$101$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,470,000, adding $3,747 every year, while hoping to spend $24,263 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: 64/22/14 Blend
43$1,470,000$1,470,000$1,470,000$1,470,000
44$1,623,805$1,545,895$1,523,110$1,722,066
45$1,763,617$1,595,828$1,548,319$1,838,240
46$1,916,878$1,647,395$1,573,558$1,961,950
47$2,084,932$1,700,650$1,598,805$2,096,486
48$2,269,262$1,755,649$1,624,032$2,242,903
49$2,471,501$1,812,450$1,649,212$2,402,362
50$2,693,448$1,871,114$1,674,314$2,576,142
51$2,937,084$1,931,703$1,699,308$2,765,649
52$3,204,592$1,994,282$1,724,160$2,972,434
53$3,498,375$2,058,916$1,748,834$3,198,201
54$3,821,081$2,125,675$1,773,292$3,444,829
55$4,175,629$2,194,631$1,797,495$3,714,387
56$4,565,232$2,265,856$1,821,400$4,009,151
57$4,993,430$2,339,428$1,844,961$4,331,631
58$5,464,125$2,415,424$1,868,132$4,684,589
59$5,981,613$2,493,928$1,890,862$5,071,068
60$6,550,630$2,575,023$1,913,099$5,494,418
61$7,176,392$2,658,797$1,934,785$5,958,331
62$7,864,646$2,745,340$1,955,862$6,466,872
63$8,621,724$2,834,745$1,976,268$7,024,521
64$9,454,603$2,927,111$1,995,936$7,636,211
65$10,370,969$3,022,536$2,014,797$8,307,375
66$11,379,293$3,121,126$2,032,777$9,044,002
67$12,488,906$3,222,986$2,049,801$9,852,686
68$13,710,091$3,328,229$2,065,786$10,740,694
69$15,054,177$3,436,969$2,080,646$11,716,031
70$16,533,648$3,549,326$2,094,293$12,787,515
71$18,162,260$3,665,422$2,106,631$13,964,862
72$19,955,168$3,785,385$2,117,561$15,258,778
73$21,929,075$3,909,349$2,126,979$16,681,058
74$24,102,382$4,037,448$2,134,774$18,244,695
75$26,495,367$4,169,825$2,140,831$19,964,008
76$29,130,375$4,306,627$2,145,030$21,854,771
77$32,032,027$4,448,006$2,147,242$23,934,367
78$35,227,454$4,594,118$2,147,334$26,221,948
79$38,746,551$4,745,126$2,145,167$28,738,616
80$42,622,262$4,901,200$2,140,592$31,507,622
81$46,890,887$5,062,514$2,133,457$34,554,588
82$51,592,429$5,229,248$2,123,599$37,907,745
83$56,770,966$5,401,591$2,110,849$41,598,199
84$62,475,071$5,579,735$2,095,029$45,660,227
85$68,758,269$5,763,883$2,075,953$50,131,598
86$75,679,542$5,954,243$2,053,427$55,053,933
87$83,303,884$6,151,030$2,027,246$60,473,089
88$91,702,918$6,354,468$1,997,196$66,439,603
89$100,955,567$6,564,788$1,963,054$73,009,158
90$111,148,804$6,782,232$1,924,585$80,243,117
91$122,378,467$7,007,046$1,881,544$88,209,094
92$134,750,169$7,239,490$1,833,674$96,981,599
93$148,380,292$7,479,831$1,780,708$106,642,735
94$163,397,083$7,728,344$1,722,363$117,282,979
95$179,941,871$7,985,318$1,658,347$129,002,029
96$198,170,392$8,251,049$1,588,353$141,909,748
97$218,254,268$8,525,847$1,512,058$156,127,202
98$240,382,620$8,810,030$1,429,129$171,787,801
99$264,763,856$9,103,930$1,339,214$189,038,555
100$291,627,638$9,407,891$1,241,946$208,041,468