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%15.6%
1 years$121,391$120,310$119,255$118,225$117,220$114,526
2 years$60,095$58,975$57,891$56,839$55,819$53,120
3 years$39,665$38,541$37,459$36,417$35,414$32,793
4 years$29,452$28,332$27,261$26,237$25,257$22,736
5 years$23,326$22,212$21,155$20,152$19,200$16,785
6 years$19,244$18,138$17,097$16,116$15,193$12,886
7 years$16,329$15,232$14,207$13,250$12,356$10,159
8 years$14,143$13,057$12,049$11,115$10,250$8,161
9 years$12,444$11,368$10,378$9,467$8,632$6,650
10 years$11,086$10,021$9,048$8,161$7,355$5,478
11 years$9,976$8,921$7,965$7,103$6,326$4,550
12 years$9,051$8,007$7,069$6,230$5,482$3,805
13 years$8,269$7,236$6,316$5,500$4,780$3,200
14 years$7,599$6,577$5,675$4,882$4,190$2,703
15 years$7,020$6,008$5,124$4,354$3,689$2,291
16 years$6,513$5,513$4,645$3,899$3,261$1,948
17 years$6,066$5,077$4,227$3,503$2,891$1,661
18 years$5,669$4,691$3,859$3,157$2,571$1,419
19 years$5,315$4,348$3,532$2,852$2,291$1,214
20 years$4,996$4,040$3,242$2,583$2,047$1,041
21 years$4,708$3,763$2,982$2,345$1,831$894
22 years$4,447$3,513$2,748$2,132$1,642$768
23 years$4,208$3,286$2,538$1,942$1,474$660
24 years$3,990$3,078$2,347$1,771$1,325$568
25 years$3,790$2,889$2,174$1,617$1,192$490
26 years$3,605$2,715$2,016$1,479$1,074$422
27 years$3,435$2,555$1,872$1,353$968$364
28 years$3,276$2,408$1,740$1,240$873$314
29 years$3,129$2,271$1,619$1,137$789$271
30 years$2,992$2,145$1,508$1,044$713$234
31 years$2,864$2,028$1,406$958$644$202
32 years$2,745$1,919$1,312$881$583$174
33 years$2,633$1,817$1,225$810$527$151
34 years$2,527$1,722$1,145$745$478$130
35 years$2,428$1,633$1,070$686$433$113
36 years$2,335$1,550$1,001$632$392$97
37 years$2,247$1,473$937$582$355$84
38 years$2,163$1,399$877$537$322$73
39 years$2,084$1,331$822$495$292$63
40 years$2,010$1,266$771$456$265$54
41 years$1,939$1,205$723$421$240$47
42 years$1,872$1,148$678$389$218$41
43 years$1,808$1,094$636$359$198$35
44 years$1,747$1,042$597$331$180$30
45 years$1,689$994$561$306$163$26
46 years$1,633$948$526$283$148$23
47 years$1,580$905$495$261$134$20
48 years$1,530$864$465$241$122$17
49 years$1,481$825$437$223$111$15
50 years$1,435$788$411$206$101$13

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 $6,589 every year, while hoping to spend $53,455 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: 60/25/15 Blend
43$1,470,000$1,470,000$1,470,000$1,470,000
44$1,626,737$1,548,827$1,526,042$1,717,819
45$1,735,788$1,567,843$1,520,288$1,799,016
46$1,854,171$1,586,000$1,512,551$1,880,994
47$1,982,781$1,603,199$1,502,706$1,969,160
48$2,122,603$1,619,334$1,490,625$2,064,118
49$2,274,721$1,634,294$1,476,173$2,166,536
50$2,440,327$1,647,958$1,459,209$2,277,147
51$2,620,732$1,660,200$1,439,584$2,396,763
52$2,817,380$1,670,884$1,417,144$2,526,279
53$3,031,861$1,679,865$1,391,726$2,666,684
54$3,265,922$1,686,990$1,363,161$2,819,065
55$3,521,490$1,692,096$1,331,270$2,984,628
56$3,800,682$1,695,009$1,295,868$3,164,697
57$4,105,832$1,695,545$1,256,760$3,360,738
58$4,439,508$1,693,507$1,213,742$3,574,365
59$4,804,537$1,688,689$1,166,602$3,807,361
60$5,204,034$1,680,868$1,115,117$4,061,693
61$5,641,427$1,669,812$1,059,055$4,339,531
62$6,120,491$1,655,271$998,172$4,643,267
63$6,645,384$1,636,983$932,213$4,975,543
64$7,220,685$1,614,667$860,915$5,339,273
65$7,851,437$1,588,028$783,998$5,737,669
66$8,543,195$1,556,753$701,173$6,174,279
67$9,302,076$1,520,508$612,137$6,653,013
68$10,134,818$1,478,943$516,574$7,178,185
69$11,048,843$1,431,686$414,153$7,754,554
70$12,052,328$1,378,341$304,530$8,387,370
71$13,154,278$1,318,492$187,344$9,082,423
72$14,364,614$1,251,698$62,220$9,846,098
73$15,694,265$1,177,492$0$10,685,439
74$17,155,271$1,095,380$0$11,619,626
75$18,760,896$1,004,841$0$12,657,185
76$20,525,752$905,323$0$13,797,661
77$22,465,938$796,242$0$15,051,547
78$24,599,188$676,983$0$16,430,406
79$26,945,045$546,895$0$17,946,990
80$29,525,037$405,290$0$19,615,351
81$32,362,883$251,442$0$21,450,981
82$35,484,718$84,583$0$23,470,961
83$38,919,335$0$0$25,694,115
84$42,698,462$0$0$28,167,632
85$46,857,054$0$0$30,915,259
86$51,433,628$0$0$33,939,191
87$56,470,623$0$0$37,267,487
88$62,014,800$0$0$40,931,064
89$68,117,685$0$0$44,963,988
90$74,836,052$0$0$49,403,796
91$82,232,458$0$0$54,291,850
92$90,375,837$0$0$59,673,724
93$99,342,144$0$0$65,599,638
94$109,215,075$0$0$72,124,930
95$120,086,856$0$0$79,310,578
96$132,059,112$0$0$87,223,771
97$145,243,824$0$0$95,938,551
98$159,764,391$0$0$105,536,505
99$175,756,784$0$0$116,107,534
100$193,370,839$0$0$127,750,708