Can I retire at age 44 with 1,710,000?

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 $1,710,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$141,210$139,952$138,725$137,527$136,358$134,934
2 years$69,906$68,604$67,342$66,119$64,932$63,498
3 years$46,141$44,834$43,575$42,363$41,196$39,796
4 years$34,261$32,957$31,711$30,520$29,381$28,027
5 years$27,135$25,839$24,609$23,442$22,335$21,030
6 years$22,385$21,099$19,888$18,747$17,673$16,419
7 years$18,994$17,719$16,527$15,413$14,373$13,170
8 years$16,452$15,189$14,016$12,930$11,924$10,772
9 years$14,476$13,225$12,072$11,013$10,041$8,941
10 years$12,896$11,657$10,525$9,493$8,556$7,505
11 years$11,604$10,377$9,266$8,262$7,358$6,357
12 years$10,529$9,314$8,223$7,247$6,377$5,424
13 years$9,619$8,417$7,347$6,398$5,560$4,655
14 years$8,840$7,651$6,601$5,679$4,874$4,014
15 years$8,166$6,989$5,960$5,065$4,292$3,476
16 years$7,576$6,413$5,404$4,535$3,793$3,021
17 years$7,056$5,906$4,917$4,075$3,363$2,633
18 years$6,595$5,457$4,489$3,672$2,990$2,300
19 years$6,182$5,058$4,109$3,318$2,665$2,014
20 years$5,812$4,700$3,771$3,005$2,381$1,767
21 years$5,477$4,378$3,469$2,727$2,131$1,553
22 years$5,173$4,086$3,197$2,480$1,910$1,366
23 years$4,895$3,822$2,952$2,258$1,714$1,204
24 years$4,642$3,581$2,730$2,060$1,541$1,061
25 years$4,409$3,361$2,529$1,881$1,386$937
26 years$4,194$3,158$2,345$1,720$1,249$828
27 years$3,995$2,972$2,178$1,574$1,126$732
28 years$3,811$2,801$2,024$1,443$1,016$647
29 years$3,640$2,642$1,884$1,323$917$573
30 years$3,481$2,495$1,755$1,214$829$507
31 years$3,332$2,359$1,636$1,115$749$449
32 years$3,193$2,232$1,526$1,025$678$398
33 years$3,062$2,114$1,425$942$614$353
34 years$2,940$2,003$1,332$867$555$313
35 years$2,825$1,900$1,245$798$503$278
36 years$2,716$1,804$1,165$735$456$247
37 years$2,613$1,713$1,090$677$413$219
38 years$2,516$1,628$1,021$624$375$194
39 years$2,425$1,548$956$576$340$172
40 years$2,338$1,473$896$531$308$153
41 years$2,255$1,402$841$490$280$136
42 years$2,177$1,335$788$452$254$121
43 years$2,103$1,272$740$417$230$107
44 years$2,032$1,213$694$385$209$95
45 years$1,964$1,156$652$356$190$85
46 years$1,900$1,103$612$329$172$75
47 years$1,838$1,053$575$304$156$67
48 years$1,780$1,005$541$281$142$59
49 years$1,723$960$508$259$129$53
50 years$1,670$917$478$240$117$47

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,710,000, adding $2,426 every year, while hoping to spend $56,639 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: 55/21/24 Blend
43$1,710,000$1,710,000$1,710,000$1,710,000
44$1,886,922$1,796,292$1,769,787$1,978,161
45$2,019,125$1,824,047$1,768,812$2,068,833
46$2,162,914$1,851,264$1,765,905$2,161,399
47$2,319,411$1,877,856$1,760,943$2,261,025
48$2,489,852$1,903,731$1,753,795$2,368,406
49$2,675,594$1,928,791$1,744,324$2,484,311
50$2,878,132$1,952,930$1,732,387$2,609,586
51$3,099,113$1,976,035$1,717,833$2,745,167
52$3,340,347$1,997,985$1,700,505$2,892,087
53$3,603,829$2,018,652$1,680,239$3,051,484
54$3,891,752$2,037,900$1,656,860$3,224,617
55$4,206,535$2,055,580$1,630,188$3,412,873
56$4,550,836$2,071,539$1,600,035$3,617,783
57$4,927,587$2,085,609$1,566,201$3,841,038
58$5,340,012$2,097,615$1,528,480$4,084,502
59$5,791,663$2,107,368$1,486,654$4,350,233
60$6,286,452$2,114,669$1,440,496$4,640,502
61$6,828,687$2,119,304$1,389,769$4,957,814
62$7,423,112$2,121,049$1,334,225$5,304,934
63$8,074,952$2,119,663$1,273,605$5,684,912
64$8,789,962$2,114,892$1,207,635$6,101,113
65$9,574,481$2,106,464$1,136,034$6,557,248
66$10,435,491$2,094,094$1,058,505$7,057,414
67$11,380,684$2,077,477$974,737$7,606,128
68$12,418,530$2,056,290$884,407$8,208,373
69$13,558,363$2,030,191$787,178$8,869,648
70$14,810,462$1,998,817$682,695$9,596,016
71$16,186,154$1,961,784$570,590$10,394,165
72$17,697,915$1,918,685$450,478$11,271,472
73$19,359,490$1,869,087$321,956$12,236,075
74$21,186,021$1,812,536$184,605$13,296,946
75$23,194,193$1,748,548$37,987$14,463,983
76$25,402,384$1,676,611$0$15,748,100
77$27,830,847$1,596,184$0$17,191,674
78$30,501,891$1,506,695$0$18,789,991
79$33,440,099$1,407,538$0$20,548,079
80$36,672,555$1,298,073$0$22,482,210
81$40,229,101$1,177,625$0$24,610,324
82$44,142,617$1,045,476$0$26,952,188
83$48,449,332$900,872$0$29,529,595
84$53,189,162$743,013$0$32,366,560
85$58,406,093$571,057$0$35,489,557
86$64,148,586$384,111$0$38,927,760
87$70,470,044$181,234$0$42,713,329
88$77,429,307$0$0$46,881,706
89$85,091,212$0$0$51,480,868
90$93,527,200$0$0$56,590,994
91$102,815,994$0$0$62,217,913
92$113,044,340$0$0$68,414,200
93$124,307,822$0$0$75,237,784
94$136,711,768$0$0$82,752,502
95$150,372,239$0$0$91,028,696
96$165,417,128$0$0$100,143,878
97$181,987,364$0$0$110,183,461
98$200,238,242$0$0$121,241,567
99$220,340,886$0$0$133,421,910
100$242,483,867$0$0$146,838,780