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

Use the below retirement simulation to view the chances of a successful retirement.
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%11.7%
1 years$121,391$120,310$119,255$118,225$117,220$116,384
2 years$60,095$58,975$57,891$56,839$55,819$54,976
3 years$39,665$38,541$37,459$36,417$35,414$34,590
4 years$29,452$28,332$27,261$26,237$25,257$24,459
5 years$23,326$22,212$21,155$20,152$19,200$18,429
6 years$19,244$18,138$17,097$16,116$15,193$14,450
7 years$16,329$15,232$14,207$13,250$12,356$11,643
8 years$14,143$13,057$12,049$11,115$10,250$9,566
9 years$12,444$11,368$10,378$9,467$8,632$7,977
10 years$11,086$10,021$9,048$8,161$7,355$6,729
11 years$9,976$8,921$7,965$7,103$6,326$5,728
12 years$9,051$8,007$7,069$6,230$5,482$4,911
13 years$8,269$7,236$6,316$5,500$4,780$4,237
14 years$7,599$6,577$5,675$4,882$4,190$3,673
15 years$7,020$6,008$5,124$4,354$3,689$3,198
16 years$6,513$5,513$4,645$3,899$3,261$2,794
17 years$6,066$5,077$4,227$3,503$2,891$2,449
18 years$5,669$4,691$3,859$3,157$2,571$2,152
19 years$5,315$4,348$3,532$2,852$2,291$1,895
20 years$4,996$4,040$3,242$2,583$2,047$1,672
21 years$4,708$3,763$2,982$2,345$1,831$1,478
22 years$4,447$3,513$2,748$2,132$1,642$1,308
23 years$4,208$3,286$2,538$1,942$1,474$1,160
24 years$3,990$3,078$2,347$1,771$1,325$1,029
25 years$3,790$2,889$2,174$1,617$1,192$914
26 years$3,605$2,715$2,016$1,479$1,074$813
27 years$3,435$2,555$1,872$1,353$968$723
28 years$3,276$2,408$1,740$1,240$873$644
29 years$3,129$2,271$1,619$1,137$789$573
30 years$2,992$2,145$1,508$1,044$713$511
31 years$2,864$2,028$1,406$958$644$456
32 years$2,745$1,919$1,312$881$583$407
33 years$2,633$1,817$1,225$810$527$363
34 years$2,527$1,722$1,145$745$478$324
35 years$2,428$1,633$1,070$686$433$289
36 years$2,335$1,550$1,001$632$392$258
37 years$2,247$1,473$937$582$355$231
38 years$2,163$1,399$877$537$322$206
39 years$2,084$1,331$822$495$292$184
40 years$2,010$1,266$771$456$265$165
41 years$1,939$1,205$723$421$240$147
42 years$1,872$1,148$678$389$218$132
43 years$1,808$1,094$636$359$198$118
44 years$1,747$1,042$597$331$180$105
45 years$1,689$994$561$306$163$94
46 years$1,633$948$526$283$148$84
47 years$1,580$905$495$261$134$76
48 years$1,530$864$465$241$122$68
49 years$1,481$825$437$223$111$60
50 years$1,435$788$411$206$101$54

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 $6,940 every year, while hoping to spend $20,886 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: 54/30/16 Blend
43$1,470,000$1,470,000$1,470,000$1,470,000
44$1,627,099$1,549,189$1,526,404$1,707,652
45$1,770,840$1,602,876$1,555,316$1,817,074
46$1,928,543$1,658,495$1,584,496$1,933,300
47$2,101,610$1,716,116$1,613,932$2,059,344
48$2,291,585$1,775,817$1,643,609$2,196,146
49$2,500,169$1,837,674$1,673,513$2,344,739
50$2,729,236$1,901,770$1,703,625$2,506,262
51$2,980,850$1,968,189$1,733,929$2,681,967
52$3,257,286$2,037,019$1,764,405$2,873,233
53$3,561,049$2,108,353$1,795,032$3,081,574
54$3,894,898$2,182,285$1,825,788$3,308,661
55$4,261,875$2,258,913$1,856,649$3,556,329
56$4,665,329$2,338,343$1,887,589$3,826,601
57$5,108,950$2,420,679$1,918,581$4,121,701
58$5,596,805$2,506,035$1,949,596$4,444,080
59$6,133,374$2,594,525$1,980,602$4,796,435
60$6,723,592$2,686,271$2,011,566$5,181,736
61$7,372,898$2,781,397$2,042,452$5,603,252
62$8,087,283$2,880,035$2,073,224$6,064,585
63$8,873,349$2,982,320$2,103,841$6,569,698
64$9,738,371$3,088,394$2,134,259$7,122,959
65$10,690,363$3,198,404$2,164,435$7,729,175
66$11,738,157$3,312,502$2,194,321$8,393,642
67$12,891,483$3,430,849$2,223,864$9,122,193
68$14,161,063$3,553,610$2,253,013$9,921,252
69$15,558,712$3,680,957$2,281,709$10,797,894
70$17,097,447$3,813,071$2,309,894$11,759,912
71$18,791,614$3,950,138$2,337,502$12,815,891
72$20,657,018$4,092,354$2,364,468$13,975,288
73$22,711,076$4,239,922$2,390,719$15,248,519
74$24,972,979$4,393,051$2,416,182$16,647,058
75$27,463,876$4,551,964$2,440,777$18,183,547
76$30,207,069$4,716,888$2,464,421$19,871,911
77$33,228,238$4,888,063$2,487,027$21,727,493
78$36,555,677$5,065,737$2,508,501$23,767,192
79$40,220,566$5,250,169$2,528,746$26,009,629
80$44,257,265$5,441,628$2,547,661$28,475,319
81$48,703,635$5,640,397$2,565,136$31,186,863
82$53,601,397$5,846,767$2,581,059$34,169,161
83$58,996,525$6,061,044$2,595,310$37,449,649
84$64,939,681$6,283,546$2,607,763$41,058,554
85$71,486,693$6,514,604$2,618,288$45,029,180
86$78,699,079$6,754,564$2,626,744$49,398,223
87$86,644,633$7,003,785$2,632,988$54,206,113
88$95,398,058$7,262,642$2,636,865$59,497,398
89$105,041,675$7,531,528$2,638,216$65,321,163
90$115,666,202$7,810,848$2,636,872$71,731,492
91$127,371,604$8,101,030$2,632,657$78,787,979
92$140,268,042$8,402,514$2,625,385$86,556,285
93$154,476,909$8,715,764$2,614,862$95,108,763
94$170,131,979$9,041,262$2,600,885$104,525,138
95$187,380,667$9,379,510$2,583,241$114,893,256
96$206,385,420$9,731,031$2,561,704$126,309,915
97$227,325,254$10,096,372$2,536,042$138,881,777
98$250,397,439$10,476,103$2,506,009$152,726,372
99$275,819,364$10,870,819$2,471,347$167,973,209
100$303,830,590$11,281,140$2,431,788$184,764,996