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

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 $1,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$140,384$139,134$137,914$136,723$135,560$131,169
2 years$69,497$68,203$66,949$65,732$64,553$60,169
3 years$45,871$44,571$43,320$42,115$40,955$36,717
4 years$34,061$32,765$31,526$30,342$29,209$25,150
5 years$26,976$25,688$24,465$23,305$22,204$18,334
6 years$22,255$20,976$19,772$18,637$17,570$13,892
7 years$18,883$17,616$16,430$15,323$14,289$10,803
8 years$16,356$15,100$13,934$12,854$11,854$8,558
9 years$14,392$13,147$12,002$10,949$9,983$6,873
10 years$12,821$11,589$10,463$9,438$8,506$5,577
11 years$11,537$10,317$9,212$8,214$7,315$4,562
12 years$10,467$9,260$8,175$7,205$6,339$3,755
13 years$9,563$8,368$7,304$6,361$5,528$3,107
14 years$8,788$7,606$6,563$5,646$4,846$2,581
15 years$8,118$6,949$5,925$5,035$4,267$2,152
16 years$7,532$6,375$5,372$4,509$3,771$1,798
17 years$7,015$5,871$4,888$4,051$3,343$1,507
18 years$6,556$5,425$4,462$3,651$2,973$1,264
19 years$6,146$5,028$4,085$3,299$2,650$1,063
20 years$5,778$4,672$3,749$2,988$2,367$895
21 years$5,445$4,352$3,448$2,712$2,118$754
22 years$5,142$4,063$3,178$2,465$1,899$636
23 years$4,867$3,800$2,935$2,245$1,704$537
24 years$4,615$3,560$2,714$2,048$1,532$453
25 years$4,383$3,341$2,514$1,870$1,378$383
26 years$4,169$3,140$2,331$1,710$1,242$324
27 years$3,972$2,955$2,165$1,565$1,119$274
28 years$3,789$2,784$2,013$1,434$1,010$232
29 years$3,619$2,627$1,873$1,315$912$196
30 years$3,460$2,481$1,744$1,207$824$166
31 years$3,313$2,345$1,626$1,108$745$140
32 years$3,174$2,219$1,517$1,019$674$119
33 years$3,044$2,101$1,417$937$610$101
34 years$2,923$1,992$1,324$862$552$85
35 years$2,808$1,889$1,238$793$500$72
36 years$2,700$1,793$1,158$731$453$61
37 years$2,598$1,703$1,084$673$411$52
38 years$2,502$1,618$1,015$621$372$44
39 years$2,411$1,539$951$572$338$37
40 years$2,324$1,464$891$528$306$32
41 years$2,242$1,394$836$487$278$27
42 years$2,164$1,327$784$449$252$23
43 years$2,090$1,265$736$415$229$19
44 years$2,020$1,206$690$383$208$16
45 years$1,953$1,150$648$354$189$14
46 years$1,889$1,097$609$327$171$12
47 years$1,828$1,047$572$302$155$10
48 years$1,769$999$538$279$141$8
49 years$1,713$954$505$258$128$7
50 years$1,660$911$475$238$116$6

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 $6,253 every year, while hoping to spend $30,340 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: 38/40/22 Blend
43$1,700,000$1,700,000$1,700,000$1,700,000
44$1,879,850$1,789,750$1,763,400$1,938,705
45$2,039,313$1,845,166$1,790,192$2,037,372
46$2,214,025$1,902,281$1,816,865$2,140,631
47$2,405,508$1,961,145$1,843,383$2,251,615
48$2,615,440$2,021,812$1,869,707$2,371,038
49$2,845,670$2,084,336$1,895,797$2,499,690
50$3,098,232$2,148,772$1,921,610$2,638,435
51$3,375,368$2,215,178$1,947,100$2,788,226
52$3,679,547$2,283,613$1,972,219$2,950,111
53$4,013,488$2,354,138$1,996,916$3,125,243
54$4,380,189$2,426,815$2,021,138$3,314,891
55$4,782,948$2,501,709$2,044,826$3,520,450
56$5,225,403$2,578,887$2,067,922$3,743,459
57$5,711,558$2,658,416$2,090,360$3,985,607
58$6,245,824$2,740,366$2,112,076$4,248,757
59$6,833,065$2,824,811$2,132,996$4,534,960
60$7,478,634$2,911,823$2,153,048$4,846,471
61$8,188,432$3,001,479$2,172,153$5,185,776
62$8,968,959$3,093,859$2,190,227$5,555,611
63$9,827,377$3,189,042$2,207,184$5,958,990
64$10,771,577$3,287,113$2,222,932$6,399,231
65$11,810,252$3,388,155$2,237,374$6,879,988
66$12,952,981$3,492,258$2,250,409$7,405,287
67$14,210,318$3,599,512$2,261,931$7,979,561
68$15,593,891$3,710,009$2,271,827$8,607,693
69$17,116,514$3,823,845$2,279,979$9,295,062
70$18,792,304$3,941,119$2,286,263$10,047,594
71$20,636,816$4,061,931$2,290,551$10,871,814
72$22,667,191$4,186,386$2,292,704$11,774,915
73$24,902,315$4,314,589$2,292,580$12,764,816
74$27,362,999$4,446,651$2,290,029$13,850,244
75$30,072,172$4,582,685$2,284,892$15,040,814
76$33,055,103$4,722,806$2,277,006$16,347,117
77$36,339,634$4,867,133$2,266,195$17,780,823
78$39,956,443$5,015,789$2,252,279$19,354,790
79$43,939,336$5,168,899$2,235,067$21,083,185
80$48,325,566$5,326,593$2,214,360$22,981,614
81$53,156,181$5,489,003$2,189,948$25,067,277
82$58,476,413$5,656,266$2,161,612$27,359,122
83$64,336,105$5,828,520$2,129,124$29,878,028
84$70,790,181$6,005,911$2,092,243$32,647,002
85$77,899,164$6,188,586$2,050,718$35,691,393
86$85,729,748$6,376,695$2,004,286$39,039,132
87$94,355,424$6,570,396$1,952,671$42,721,000
88$103,857,179$6,769,846$1,895,587$46,770,911
89$114,324,254$6,975,212$1,832,732$51,226,237
90$125,854,990$7,186,659$1,763,791$56,128,158
91$138,557,756$7,404,363$1,688,435$61,522,053
92$152,551,969$7,628,498$1,606,320$67,457,925
93$167,969,223$7,859,248$1,517,085$73,990,875
94$184,954,532$8,096,799$1,420,355$81,181,621
95$203,667,694$8,341,342$1,315,736$89,097,073
96$224,284,804$8,593,073$1,202,819$97,810,962
97$246,999,914$8,852,193$1,081,173$107,404,535
98$272,026,864$9,118,910$950,351$117,967,325
99$299,601,301$9,393,433$809,885$129,597,994
100$329,982,903$9,675,981$659,286$142,405,266