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%16.7%
1 years$129,649$128,494$127,368$126,268$125,194$121,772
2 years$64,183$62,987$61,829$60,706$59,616$56,194
3 years$42,363$41,163$40,007$38,895$37,823$34,507
4 years$31,456$30,259$29,115$28,021$26,976$23,792
5 years$24,913$23,724$22,595$21,523$20,506$17,464
6 years$20,553$19,372$18,260$17,212$16,226$13,327
7 years$17,439$16,269$15,174$14,151$13,196$10,441
8 years$15,105$13,945$12,869$11,871$10,947$8,334
9 years$13,291$12,142$11,084$10,111$9,219$6,746
10 years$11,840$10,702$9,663$8,716$7,855$5,519
11 years$10,654$9,528$8,507$7,586$6,756$4,552
12 years$9,667$8,552$7,550$6,654$5,854$3,780
13 years$8,831$7,728$6,745$5,874$5,105$3,155
14 years$8,116$7,025$6,061$5,214$4,475$2,645
15 years$7,497$6,417$5,472$4,650$3,940$2,225
16 years$6,956$5,888$4,961$4,164$3,482$1,877
17 years$6,479$5,422$4,515$3,741$3,088$1,587
18 years$6,055$5,010$4,121$3,372$2,746$1,345
19 years$5,676$4,644$3,773$3,047$2,447$1,142
20 years$5,336$4,315$3,462$2,759$2,186$971
21 years$5,028$4,019$3,185$2,504$1,956$826
22 years$4,749$3,752$2,935$2,277$1,753$704
23 years$4,495$3,509$2,710$2,074$1,574$600
24 years$4,262$3,288$2,506$1,891$1,415$512
25 years$4,048$3,085$2,321$1,727$1,273$437
26 years$3,850$2,900$2,153$1,579$1,147$374
27 years$3,668$2,729$1,999$1,446$1,034$319
28 years$3,499$2,572$1,859$1,324$933$273
29 years$3,342$2,426$1,730$1,215$842$233
30 years$3,196$2,291$1,611$1,115$761$200
31 years$3,059$2,166$1,502$1,024$688$171
32 years$2,931$2,049$1,401$941$622$146
33 years$2,812$1,941$1,308$865$563$125
34 years$2,699$1,839$1,223$796$510$107
35 years$2,593$1,745$1,143$733$462$92
36 years$2,494$1,656$1,069$675$419$79
37 years$2,399$1,573$1,001$622$379$67
38 years$2,310$1,495$937$573$344$58
39 years$2,226$1,421$878$528$312$49
40 years$2,146$1,352$823$487$283$42
41 years$2,071$1,287$772$450$257$36
42 years$1,999$1,226$724$415$233$31
43 years$1,930$1,168$679$383$211$27
44 years$1,865$1,113$638$354$192$23
45 years$1,803$1,062$599$327$174$20
46 years$1,744$1,013$562$302$158$17
47 years$1,688$967$528$279$144$14
48 years$1,634$923$496$258$130$12
49 years$1,582$881$467$238$118$11
50 years$1,533$842$439$220$108$9

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 $2,522 every year, while hoping to spend $45,873 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: 81/11/8 Blend
43$1,570,000$1,570,000$1,570,000$1,570,000
44$1,732,741$1,649,531$1,625,196$1,871,154
45$1,860,673$1,681,550$1,630,832$1,994,171
46$2,000,115$1,713,600$1,635,119$2,122,833
47$2,152,195$1,745,634$1,637,963$2,262,658
48$2,318,151$1,777,603$1,639,268$2,414,738
49$2,499,347$1,809,450$1,638,928$2,580,278
50$2,697,285$1,841,118$1,636,836$2,760,600
51$2,913,617$1,872,541$1,632,879$2,957,164
52$3,150,163$1,903,653$1,626,938$3,171,576
53$3,408,927$1,934,379$1,618,887$3,405,607
54$3,692,114$1,964,640$1,608,596$3,661,205
55$4,002,153$1,994,351$1,595,928$3,940,518
56$4,341,720$2,023,421$1,580,739$4,245,911
57$4,713,761$2,051,754$1,562,879$4,579,990
58$5,121,518$2,079,244$1,542,189$4,945,626
59$5,568,566$2,105,780$1,518,506$5,345,983
60$6,058,840$2,131,243$1,491,655$5,784,544
61$6,596,673$2,155,506$1,461,457$6,265,150
62$7,186,840$2,178,432$1,427,722$6,792,030
63$7,834,599$2,199,876$1,390,253$7,369,845
64$8,545,743$2,219,685$1,348,841$8,003,732
65$9,326,652$2,237,692$1,303,270$8,699,348
66$10,184,354$2,253,723$1,253,313$9,462,929
67$11,126,593$2,267,591$1,198,735$10,301,346
68$12,161,899$2,279,096$1,139,286$11,222,169
69$13,299,669$2,288,028$1,074,708$12,233,741
70$14,550,255$2,294,161$1,004,730$13,345,254
71$15,925,062$2,297,256$929,069$14,566,838
72$17,436,655$2,297,059$847,430$15,909,657
73$19,098,880$2,293,300$759,505$17,386,010
74$20,926,987$2,285,693$664,970$19,009,454
75$22,937,782$2,273,934$563,488$20,794,925
76$25,149,779$2,257,701$454,709$22,758,885
77$27,583,379$2,236,651$338,264$24,919,473
78$30,261,059$2,210,422$213,771$27,296,680
79$33,207,583$2,178,629$80,829$29,912,534
80$36,450,240$2,140,864$0$32,791,312
81$40,019,095$2,096,698$0$35,964,977
82$43,947,278$2,045,671$0$39,465,501
83$48,271,292$1,987,300$0$43,318,506
84$53,031,359$1,921,073$0$47,559,835
85$58,271,799$1,846,448$0$52,228,987
86$64,041,449$1,762,850$0$57,369,488
87$70,394,119$1,669,672$0$63,029,300
88$77,389,106$1,566,272$0$69,261,279
89$85,091,747$1,451,972$0$76,123,668
90$93,574,039$1,326,053$0$83,680,651
91$102,915,318$1,187,756$0$92,002,955
92$113,203,004$1,036,280$0$101,168,521
93$124,533,429$870,776$0$111,263,241
94$137,012,745$690,350$0$122,381,763
95$150,757,924$494,056$0$134,628,390
96$165,897,861$280,894$0$148,118,063
97$182,574,596$49,811$0$162,977,445
98$200,944,644$0$0$179,346,118
99$221,180,482$0$0$197,402,148
100$243,472,169$0$0$217,299,272