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%14.4%
1 years$121,391$120,310$119,255$118,225$117,220$115,089
2 years$60,095$58,975$57,891$56,839$55,819$53,679
3 years$39,665$38,541$37,459$36,417$35,414$33,333
4 years$29,452$28,332$27,261$26,237$25,257$23,251
5 years$23,326$22,212$21,155$20,152$19,200$17,274
6 years$19,244$18,138$17,097$16,116$15,193$13,348
7 years$16,329$15,232$14,207$13,250$12,356$10,594
8 years$14,143$13,057$12,049$11,115$10,250$8,571
9 years$12,444$11,368$10,378$9,467$8,632$7,034
10 years$11,086$10,021$9,048$8,161$7,355$5,837
11 years$9,976$8,921$7,965$7,103$6,326$4,885
12 years$9,051$8,007$7,069$6,230$5,482$4,118
13 years$8,269$7,236$6,316$5,500$4,780$3,490
14 years$7,599$6,577$5,675$4,882$4,190$2,972
15 years$7,020$6,008$5,124$4,354$3,689$2,541
16 years$6,513$5,513$4,645$3,899$3,261$2,179
17 years$6,066$5,077$4,227$3,503$2,891$1,874
18 years$5,669$4,691$3,859$3,157$2,571$1,615
19 years$5,315$4,348$3,532$2,852$2,291$1,394
20 years$4,996$4,040$3,242$2,583$2,047$1,206
21 years$4,708$3,763$2,982$2,345$1,831$1,045
22 years$4,447$3,513$2,748$2,132$1,642$906
23 years$4,208$3,286$2,538$1,942$1,474$787
24 years$3,990$3,078$2,347$1,771$1,325$683
25 years$3,790$2,889$2,174$1,617$1,192$594
26 years$3,605$2,715$2,016$1,479$1,074$517
27 years$3,435$2,555$1,872$1,353$968$450
28 years$3,276$2,408$1,740$1,240$873$392
29 years$3,129$2,271$1,619$1,137$789$342
30 years$2,992$2,145$1,508$1,044$713$298
31 years$2,864$2,028$1,406$958$644$260
32 years$2,745$1,919$1,312$881$583$227
33 years$2,633$1,817$1,225$810$527$198
34 years$2,527$1,722$1,145$745$478$173
35 years$2,428$1,633$1,070$686$433$151
36 years$2,335$1,550$1,001$632$392$132
37 years$2,247$1,473$937$582$355$115
38 years$2,163$1,399$877$537$322$100
39 years$2,084$1,331$822$495$292$88
40 years$2,010$1,266$771$456$265$77
41 years$1,939$1,205$723$421$240$67
42 years$1,872$1,148$678$389$218$58
43 years$1,808$1,094$636$359$198$51
44 years$1,747$1,042$597$331$180$45
45 years$1,689$994$561$306$163$39
46 years$1,633$948$526$283$148$34
47 years$1,580$905$495$261$134$30
48 years$1,530$864$465$241$122$26
49 years$1,481$825$437$223$111$23
50 years$1,435$788$411$206$101$20

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 $4,951 every year, while hoping to spend $24,292 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: 85/8/7 Blend
43$1,470,000$1,470,000$1,470,000$1,470,000
44$1,625,047$1,547,137$1,524,352$1,761,822
45$1,764,955$1,597,100$1,549,571$1,901,769
46$1,918,320$1,648,697$1,574,821$2,051,658
47$2,086,488$1,701,983$1,600,077$2,215,558
48$2,270,943$1,757,014$1,625,313$2,394,861
49$2,473,319$1,813,847$1,650,501$2,591,102
50$2,695,416$1,872,543$1,675,611$2,805,968
51$2,939,215$1,933,165$1,700,611$3,041,319
52$3,206,902$1,995,777$1,725,468$3,299,205
53$3,500,881$2,060,445$1,750,146$3,581,882
54$3,823,802$2,127,239$1,774,608$3,891,834
55$4,178,586$2,196,228$1,798,812$4,231,800
56$4,568,446$2,267,489$1,822,717$4,604,796
57$4,996,928$2,341,096$1,846,278$5,014,142
58$5,467,933$2,417,128$1,869,447$5,463,499
59$5,985,762$2,495,667$1,892,174$5,956,899
60$6,555,153$2,576,798$1,914,405$6,498,781
61$7,181,326$2,660,608$1,936,085$7,094,039
62$7,870,031$2,747,188$1,957,153$7,748,063
63$8,627,604$2,836,630$1,977,548$8,466,792
64$9,461,027$2,929,033$1,997,203$9,256,768
65$10,377,992$3,024,495$2,016,049$10,125,200
66$11,386,973$3,123,121$2,034,013$11,080,029
67$12,497,308$3,225,018$2,051,016$12,130,007
68$13,719,287$3,330,297$2,066,979$13,284,774
69$15,064,246$3,439,074$2,081,815$14,554,954
70$16,544,678$3,551,467$2,095,433$15,952,250
71$18,174,345$3,667,599$2,107,741$17,489,560
72$19,968,415$3,787,598$2,118,637$19,181,093
73$21,943,599$3,911,596$2,128,017$21,042,508
74$24,118,311$4,039,729$2,135,771$23,091,055
75$26,512,843$4,172,140$2,141,783$25,345,746
76$29,149,553$4,308,975$2,145,933$27,827,528
77$32,053,078$4,450,385$2,148,092$30,559,481
78$35,250,566$4,596,528$2,148,127$33,567,039
79$38,771,932$4,747,566$2,145,898$36,878,227
80$42,650,140$4,903,668$2,141,256$40,523,926
81$46,921,515$5,065,008$2,134,049$44,538,165
82$51,626,083$5,231,768$2,124,114$48,958,441
83$56,807,953$5,404,133$2,111,280$53,826,073
84$62,515,728$5,582,299$2,095,372$59,186,592
85$68,802,966$5,766,466$2,076,201$65,090,171
86$75,728,688$5,956,842$2,053,573$71,592,095
87$83,357,929$6,153,643$2,027,283$78,753,290
88$91,762,359$6,357,092$1,997,117$86,640,888
89$101,020,950$6,567,420$1,962,852$95,328,870
90$111,220,731$6,784,868$1,924,251$104,898,756
91$122,457,603$7,009,683$1,881,071$115,440,382
92$134,837,244$7,242,124$1,833,052$127,052,740
93$148,476,111$7,482,457$1,779,928$139,844,918
94$163,502,536$7,730,958$1,721,417$153,937,126
95$180,057,934$7,987,914$1,657,223$169,461,833
96$198,298,144$8,253,623$1,587,041$186,565,015
97$218,394,896$8,528,391$1,510,548$205,407,536
98$240,537,432$8,812,540$1,427,409$226,166,660
99$264,934,294$9,106,398$1,337,271$249,037,732
100$291,815,291$9,410,310$1,239,768$274,236,016