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

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 $1,710,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$141,210$139,952$138,725$137,527$136,358$132,578
2 years$69,906$68,604$67,342$66,119$64,932$61,152
3 years$46,141$44,834$43,575$42,363$41,196$37,534
4 years$34,261$32,957$31,711$30,520$29,381$25,866
5 years$27,135$25,839$24,609$23,442$22,335$18,976
6 years$22,385$21,099$19,888$18,747$17,673$14,473
7 years$18,994$17,719$16,527$15,413$14,373$11,332
8 years$16,452$15,189$14,016$12,930$11,924$9,040
9 years$14,476$13,225$12,072$11,013$10,041$7,313
10 years$12,896$11,657$10,525$9,493$8,556$5,979
11 years$11,604$10,377$9,266$8,262$7,358$4,929
12 years$10,529$9,314$8,223$7,247$6,377$4,090
13 years$9,619$8,417$7,347$6,398$5,560$3,411
14 years$8,840$7,651$6,601$5,679$4,874$2,858
15 years$8,166$6,989$5,960$5,065$4,292$2,402
16 years$7,576$6,413$5,404$4,535$3,793$2,025
17 years$7,056$5,906$4,917$4,075$3,363$1,712
18 years$6,595$5,457$4,489$3,672$2,990$1,449
19 years$6,182$5,058$4,109$3,318$2,665$1,229
20 years$5,812$4,700$3,771$3,005$2,381$1,044
21 years$5,477$4,378$3,469$2,727$2,131$888
22 years$5,173$4,086$3,197$2,480$1,910$756
23 years$4,895$3,822$2,952$2,258$1,714$644
24 years$4,642$3,581$2,730$2,060$1,541$549
25 years$4,409$3,361$2,529$1,881$1,386$469
26 years$4,194$3,158$2,345$1,720$1,249$400
27 years$3,995$2,972$2,178$1,574$1,126$342
28 years$3,811$2,801$2,024$1,443$1,016$292
29 years$3,640$2,642$1,884$1,323$917$249
30 years$3,481$2,495$1,755$1,214$829$213
31 years$3,332$2,359$1,636$1,115$749$182
32 years$3,193$2,232$1,526$1,025$678$156
33 years$3,062$2,114$1,425$942$614$133
34 years$2,940$2,003$1,332$867$555$114
35 years$2,825$1,900$1,245$798$503$98
36 years$2,716$1,804$1,165$735$456$83
37 years$2,613$1,713$1,090$677$413$71
38 years$2,516$1,628$1,021$624$375$61
39 years$2,425$1,548$956$576$340$52
40 years$2,338$1,473$896$531$308$45
41 years$2,255$1,402$841$490$280$38
42 years$2,177$1,335$788$452$254$33
43 years$2,103$1,272$740$417$230$28
44 years$2,032$1,213$694$385$209$24
45 years$1,964$1,156$652$356$190$21
46 years$1,900$1,103$612$329$172$18
47 years$1,838$1,053$575$304$156$15
48 years$1,780$1,005$541$281$142$13
49 years$1,723$960$508$259$129$11
50 years$1,670$917$478$240$117$9

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 $3,358 every year, while hoping to spend $33,056 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: 79/14/7 Blend
43$1,710,000$1,710,000$1,710,000$1,710,000
44$1,887,884$1,797,254$1,770,749$2,035,292
45$2,045,277$1,850,148$1,794,898$2,185,299
46$2,217,616$1,904,526$1,818,747$2,345,145
47$2,406,390$1,960,426$1,842,253$2,519,501
48$2,613,241$2,017,886$1,865,368$2,709,798
49$2,839,975$2,076,945$1,888,041$2,917,611
50$3,088,582$2,137,645$1,910,220$3,144,674
51$3,361,252$2,200,025$1,931,847$3,392,898
52$3,660,401$2,264,127$1,952,865$3,664,385
53$3,988,686$2,329,993$1,973,210$3,961,452
54$4,349,036$2,397,667$1,992,817$4,286,651
55$4,744,678$2,467,193$2,011,616$4,642,790
56$5,179,164$2,538,614$2,029,534$5,032,966
57$5,656,410$2,611,977$2,046,495$5,460,587
58$6,180,727$2,687,327$2,062,415$5,929,409
59$6,756,866$2,764,711$2,077,212$6,443,569
60$7,390,061$2,844,177$2,090,793$7,007,622
61$8,086,078$2,925,773$2,103,065$7,626,590
62$8,851,269$3,009,547$2,113,929$8,306,003
63$9,692,633$3,095,548$2,123,280$9,051,952
64$10,617,879$3,183,828$2,131,008$9,871,151
65$11,635,504$3,274,436$2,136,997$10,770,993
66$12,754,866$3,367,424$2,141,127$11,759,627
67$13,986,277$3,462,844$2,143,270$12,846,029
68$15,341,101$3,560,747$2,143,294$14,040,088
69$16,831,857$3,661,186$2,141,057$15,352,702
70$18,472,337$3,764,215$2,136,413$16,795,875
71$20,277,740$3,869,886$2,129,207$18,382,836
72$22,264,813$3,978,254$2,119,279$20,128,162
73$24,452,008$4,089,372$2,106,459$22,047,911
74$26,859,656$4,203,295$2,090,569$24,159,780
75$29,510,161$4,320,077$2,071,424$26,483,267
76$32,428,209$4,439,772$2,048,827$29,039,857
77$35,641,000$4,562,434$2,022,577$31,853,223
78$39,178,506$4,688,118$1,992,458$34,949,453
79$43,073,756$4,816,878$1,958,247$38,357,291
80$47,363,140$4,948,766$1,919,709$42,108,410
81$52,086,761$5,083,837$1,876,600$46,237,712
82$57,288,808$5,222,142$1,828,664$50,783,658
83$63,017,974$5,363,734$1,775,631$55,788,625
84$69,327,914$5,508,664$1,717,222$61,299,315
85$76,277,754$5,656,981$1,653,142$67,367,187
86$83,932,648$5,808,736$1,583,084$74,048,946
87$92,364,389$5,963,975$1,506,729$81,407,081
88$101,652,092$6,122,745$1,423,740$89,510,449
89$111,882,937$6,285,091$1,333,766$98,434,928
90$123,152,992$6,451,056$1,236,442$108,264,134
91$135,568,118$6,620,679$1,131,385$119,090,207
92$149,244,974$6,794,000$1,018,194$131,014,683
93$164,312,110$6,971,054$896,452$144,149,452
94$180,911,184$7,151,875$765,722$158,617,813
95$199,198,299$7,336,491$625,548$174,555,636
96$219,345,477$7,524,931$475,455$192,112,651
97$241,542,279$7,717,216$314,946$211,453,854
98$265,997,597$7,913,365$143,503$232,761,067
99$292,941,625$8,113,392$0$256,234,656
100$322,628,030$8,317,308$0$282,098,367