Can I retire at age 44 with 1,700,000?

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 $1,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16%
1 years$140,384$139,134$137,914$136,723$135,560$132,230
2 years$69,497$68,203$66,949$65,732$64,553$61,217
3 years$45,871$44,571$43,320$42,115$40,955$37,720
4 years$34,061$32,765$31,526$30,342$29,209$26,099
5 years$26,976$25,688$24,465$23,305$22,204$19,227
6 years$22,255$20,976$19,772$18,637$17,570$14,729
7 years$18,883$17,616$16,430$15,323$14,289$11,585
8 years$16,356$15,100$13,934$12,854$11,854$9,286
9 years$14,392$13,147$12,002$10,949$9,983$7,548
10 years$12,821$11,589$10,463$9,438$8,506$6,202
11 years$11,537$10,317$9,212$8,214$7,315$5,139
12 years$10,467$9,260$8,175$7,205$6,339$4,286
13 years$9,563$8,368$7,304$6,361$5,528$3,595
14 years$8,788$7,606$6,563$5,646$4,846$3,028
15 years$8,118$6,949$5,925$5,035$4,267$2,560
16 years$7,532$6,375$5,372$4,509$3,771$2,170
17 years$7,015$5,871$4,888$4,051$3,343$1,845
18 years$6,556$5,425$4,462$3,651$2,973$1,572
19 years$6,146$5,028$4,085$3,299$2,650$1,341
20 years$5,778$4,672$3,749$2,988$2,367$1,146
21 years$5,445$4,352$3,448$2,712$2,118$981
22 years$5,142$4,063$3,178$2,465$1,899$840
23 years$4,867$3,800$2,935$2,245$1,704$720
24 years$4,615$3,560$2,714$2,048$1,532$618
25 years$4,383$3,341$2,514$1,870$1,378$531
26 years$4,169$3,140$2,331$1,710$1,242$456
27 years$3,972$2,955$2,165$1,565$1,119$392
28 years$3,789$2,784$2,013$1,434$1,010$337
29 years$3,619$2,627$1,873$1,315$912$290
30 years$3,460$2,481$1,744$1,207$824$249
31 years$3,313$2,345$1,626$1,108$745$215
32 years$3,174$2,219$1,517$1,019$674$185
33 years$3,044$2,101$1,417$937$610$159
34 years$2,923$1,992$1,324$862$552$137
35 years$2,808$1,889$1,238$793$500$118
36 years$2,700$1,793$1,158$731$453$102
37 years$2,598$1,703$1,084$673$411$88
38 years$2,502$1,618$1,015$621$372$75
39 years$2,411$1,539$951$572$338$65
40 years$2,324$1,464$891$528$306$56
41 years$2,242$1,394$836$487$278$48
42 years$2,164$1,327$784$449$252$42
43 years$2,090$1,265$736$415$229$36
44 years$2,020$1,206$690$383$208$31
45 years$1,953$1,150$648$354$189$27
46 years$1,889$1,097$609$327$171$23
47 years$1,828$1,047$572$302$155$20
48 years$1,769$999$538$279$141$17
49 years$1,713$954$505$258$128$15
50 years$1,660$911$475$238$116$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,700,000, adding $6,114 every year, while hoping to spend $44,732 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: 76/13/11 Blend
43$1,700,000$1,700,000$1,700,000$1,700,000
44$1,879,707$1,789,607$1,763,257$2,018,244
45$2,023,842$1,829,703$1,774,731$2,150,453
46$2,181,180$1,870,265$1,785,091$2,289,068
47$2,353,021$1,911,267$1,794,251$2,439,756
48$2,540,793$1,952,684$1,802,123$2,603,702
49$2,746,073$1,994,485$1,808,614$2,782,210
50$2,970,595$2,036,637$1,813,624$2,976,718
51$3,216,267$2,079,103$1,817,052$3,188,807
52$3,485,192$2,121,845$1,818,789$3,420,221
53$3,779,684$2,164,818$1,818,721$3,672,880
54$4,102,293$2,207,975$1,816,729$3,948,899
55$4,455,826$2,251,265$1,812,689$4,250,608
56$4,843,375$2,294,632$1,806,469$4,580,574
57$5,268,346$2,338,015$1,797,932$4,941,625
58$5,734,488$2,381,349$1,786,934$5,336,878
59$6,245,933$2,424,562$1,773,323$5,769,766
60$6,807,231$2,467,579$1,756,943$6,244,071
61$7,423,394$2,510,316$1,737,626$6,763,961
62$8,099,944$2,552,684$1,715,199$7,334,029
63$8,842,961$2,594,589$1,689,482$7,959,334
64$9,659,146$2,635,927$1,660,282$8,645,452
65$10,555,879$2,676,588$1,627,402$9,398,528
66$11,541,292$2,716,453$1,590,633$10,225,331
67$12,624,340$2,755,396$1,549,756$11,133,321
68$13,814,894$2,793,282$1,504,544$12,130,720
69$15,123,825$2,829,964$1,454,757$13,226,586
70$16,563,110$2,865,288$1,400,147$14,430,902
71$18,145,948$2,899,087$1,340,452$15,754,667
72$19,886,877$2,931,184$1,275,399$17,210,006
73$21,801,917$2,961,391$1,204,704$18,810,276
74$23,908,718$2,989,505$1,128,067$20,570,198
75$26,226,727$3,015,311$1,045,178$22,505,996
76$28,777,373$3,038,580$955,710$24,635,548
77$31,584,262$3,059,068$859,324$26,978,554
78$34,673,410$3,076,516$755,665$29,556,726
79$38,073,479$3,090,646$644,361$32,393,991
80$41,816,052$3,101,166$525,025$35,516,715
81$45,935,928$3,107,761$397,252$38,953,955
82$50,471,452$3,110,101$260,619$42,737,735
83$55,464,877$3,107,833$114,687$46,903,342
84$60,962,759$3,100,581$0$51,489,666
85$67,016,400$3,087,949$0$56,544,382
86$73,682,328$3,069,514$0$62,124,581
87$81,022,834$3,044,829$0$68,268,896
88$89,106,557$3,013,419$0$75,034,748
89$98,009,130$2,974,781$0$82,485,413
90$107,813,897$2,928,381$0$90,690,621
91$118,612,697$2,873,655$0$99,727,211
92$130,506,731$2,810,002$0$109,679,859
93$143,607,516$2,736,791$0$120,641,877
94$158,037,938$2,653,349$0$132,716,091
95$173,933,410$2,558,965$0$146,015,817
96$191,443,152$2,452,888$0$160,665,925
97$210,731,596$2,334,322$0$176,804,023
98$231,979,940$2,202,426$0$194,581,754
99$255,387,858$2,056,309$0$214,166,225
100$281,175,381$1,895,030$0$235,741,589