Can I retire at age 44 with 1,570,000?

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 $1,570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$129,649$128,494$127,368$126,268$125,194$123,835
2 years$64,183$62,987$61,829$60,706$59,616$58,248
3 years$42,363$41,163$40,007$38,895$37,823$36,488
4 years$31,456$30,259$29,115$28,021$26,976$25,684
5 years$24,913$23,724$22,595$21,523$20,506$19,262
6 years$20,553$19,372$18,260$17,212$16,226$15,030
7 years$17,439$16,269$15,174$14,151$13,196$12,050
8 years$15,105$13,945$12,869$11,871$10,947$9,850
9 years$13,291$12,142$11,084$10,111$9,219$8,171
10 years$11,840$10,702$9,663$8,716$7,855$6,855
11 years$10,654$9,528$8,507$7,586$6,756$5,802
12 years$9,667$8,552$7,550$6,654$5,854$4,947
13 years$8,831$7,728$6,745$5,874$5,105$4,243
14 years$8,116$7,025$6,061$5,214$4,475$3,657
15 years$7,497$6,417$5,472$4,650$3,940$3,165
16 years$6,956$5,888$4,961$4,164$3,482$2,748
17 years$6,479$5,422$4,515$3,741$3,088$2,394
18 years$6,055$5,010$4,121$3,372$2,746$2,090
19 years$5,676$4,644$3,773$3,047$2,447$1,829
20 years$5,336$4,315$3,462$2,759$2,186$1,603
21 years$5,028$4,019$3,185$2,504$1,956$1,407
22 years$4,749$3,752$2,935$2,277$1,753$1,237
23 years$4,495$3,509$2,710$2,074$1,574$1,089
24 years$4,262$3,288$2,506$1,891$1,415$960
25 years$4,048$3,085$2,321$1,727$1,273$847
26 years$3,850$2,900$2,153$1,579$1,147$747
27 years$3,668$2,729$1,999$1,446$1,034$660
28 years$3,499$2,572$1,859$1,324$933$584
29 years$3,342$2,426$1,730$1,215$842$516
30 years$3,196$2,291$1,611$1,115$761$457
31 years$3,059$2,166$1,502$1,024$688$404
32 years$2,931$2,049$1,401$941$622$358
33 years$2,812$1,941$1,308$865$563$317
34 years$2,699$1,839$1,223$796$510$281
35 years$2,593$1,745$1,143$733$462$249
36 years$2,494$1,656$1,069$675$419$221
37 years$2,399$1,573$1,001$622$379$196
38 years$2,310$1,495$937$573$344$174
39 years$2,226$1,421$878$528$312$154
40 years$2,146$1,352$823$487$283$137
41 years$2,071$1,287$772$450$257$121
42 years$1,999$1,226$724$415$233$108
43 years$1,930$1,168$679$383$211$95
44 years$1,865$1,113$638$354$192$85
45 years$1,803$1,062$599$327$174$75
46 years$1,744$1,013$562$302$158$67
47 years$1,688$967$528$279$144$59
48 years$1,634$923$496$258$130$53
49 years$1,582$881$467$238$118$47
50 years$1,533$842$439$220$108$41

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,570,000, adding $4,044 every year, while hoping to spend $45,858 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: 63/13/24 Blend
43$1,570,000$1,570,000$1,570,000$1,570,000
44$1,734,311$1,651,101$1,626,766$1,832,399
45$1,862,419$1,683,213$1,632,471$1,931,299
46$2,002,056$1,715,361$1,636,829$2,033,829
47$2,154,351$1,747,498$1,639,748$2,144,793
48$2,320,544$1,779,576$1,641,129$2,265,020
49$2,502,003$1,811,538$1,640,870$2,395,427
50$2,700,230$1,843,326$1,638,862$2,537,022
51$2,916,881$1,874,877$1,634,992$2,690,918
52$3,153,780$1,906,123$1,629,141$2,858,343
53$3,412,933$1,936,991$1,621,184$3,040,648
54$3,696,550$1,967,401$1,610,992$3,239,326
55$4,007,063$1,997,269$1,598,426$3,456,019
56$4,347,154$2,026,505$1,583,343$3,692,541
57$4,719,771$2,055,012$1,565,593$3,950,889
58$5,128,166$2,082,685$1,545,018$4,233,267
59$5,575,917$2,109,415$1,521,454$4,542,104
60$6,066,966$2,135,081$1,494,728$4,880,077
61$6,605,654$2,159,558$1,464,659$5,250,139
62$7,196,764$2,182,709$1,431,058$5,655,544
63$7,845,563$2,204,392$1,393,728$6,099,882
64$8,557,854$2,224,450$1,352,461$6,587,108
65$9,340,027$2,242,721$1,307,041$7,121,583
66$10,199,125$2,259,029$1,257,242$7,708,117
67$11,142,903$2,273,188$1,202,826$8,352,010
68$12,179,905$2,285,000$1,143,547$9,059,105
69$13,319,544$2,294,255$1,079,145$9,835,846
70$14,572,192$2,300,727$1,009,351$10,689,334
71$15,949,272$2,304,179$933,881$11,627,400
72$17,463,372$2,304,359$852,440$12,658,674
73$19,128,360$2,300,996$764,720$13,792,671
74$20,959,513$2,293,805$670,399$15,039,879
75$22,973,666$2,282,484$569,140$16,411,862
76$25,189,366$2,266,712$460,592$17,921,365
77$27,627,047$2,246,146$344,388$19,582,438
78$30,309,225$2,220,427$220,144$21,410,568
79$33,260,708$2,189,170$87,461$23,422,828
80$36,508,830$2,151,969$0$25,638,036
81$40,083,711$2,108,395$0$28,090,799
82$44,018,534$2,057,992$0$30,814,921
83$48,349,868$2,000,277$0$33,813,303
84$53,118,004$1,934,739$0$37,113,845
85$58,367,337$1,860,839$0$40,747,297
86$64,146,788$1,778,003$0$44,747,542
87$70,510,262$1,685,626$0$49,151,922
88$77,517,156$1,583,069$0$54,001,584
89$85,232,921$1,469,654$0$59,341,877
90$93,729,677$1,344,666$0$65,222,772
91$103,086,897$1,207,347$0$71,699,338
92$113,392,153$1,056,900$0$78,832,264
93$124,741,942$892,477$0$86,688,428
94$137,242,599$713,188$0$95,341,531
95$151,011,298$518,087$0$104,872,793
96$166,177,158$306,181$0$115,371,717
97$182,882,461$76,416$0$126,936,942
98$201,283,994$0$0$139,677,165
99$221,554,531$0$0$153,736,824
100$243,884,459$0$0$169,237,092