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%19.3%
1 years$141,210$139,952$138,725$137,527$136,358$131,259
2 years$69,906$68,604$67,342$66,119$64,932$59,854
3 years$46,141$44,834$43,575$42,363$41,196$36,297
4 years$34,261$32,957$31,711$30,520$29,381$24,700
5 years$27,135$25,839$24,609$23,442$22,335$17,883
6 years$22,385$21,099$19,888$18,747$17,673$13,454
7 years$18,994$17,719$16,527$15,413$14,373$10,385
8 years$16,452$15,189$14,016$12,930$11,924$8,163
9 years$14,476$13,225$12,072$11,013$10,041$6,504
10 years$12,896$11,657$10,525$9,493$8,556$5,234
11 years$11,604$10,377$9,266$8,262$7,358$4,246
12 years$10,529$9,314$8,223$7,247$6,377$3,465
13 years$9,619$8,417$7,347$6,398$5,560$2,841
14 years$8,840$7,651$6,601$5,679$4,874$2,339
15 years$8,166$6,989$5,960$5,065$4,292$1,932
16 years$7,576$6,413$5,404$4,535$3,793$1,600
17 years$7,056$5,906$4,917$4,075$3,363$1,327
18 years$6,595$5,457$4,489$3,672$2,990$1,103
19 years$6,182$5,058$4,109$3,318$2,665$918
20 years$5,812$4,700$3,771$3,005$2,381$765
21 years$5,477$4,378$3,469$2,727$2,131$638
22 years$5,173$4,086$3,197$2,480$1,910$533
23 years$4,895$3,822$2,952$2,258$1,714$445
24 years$4,642$3,581$2,730$2,060$1,541$372
25 years$4,409$3,361$2,529$1,881$1,386$311
26 years$4,194$3,158$2,345$1,720$1,249$260
27 years$3,995$2,972$2,178$1,574$1,126$218
28 years$3,811$2,801$2,024$1,443$1,016$182
29 years$3,640$2,642$1,884$1,323$917$153
30 years$3,481$2,495$1,755$1,214$829$128
31 years$3,332$2,359$1,636$1,115$749$107
32 years$3,193$2,232$1,526$1,025$678$90
33 years$3,062$2,114$1,425$942$614$75
34 years$2,940$2,003$1,332$867$555$63
35 years$2,825$1,900$1,245$798$503$53
36 years$2,716$1,804$1,165$735$456$44
37 years$2,613$1,713$1,090$677$413$37
38 years$2,516$1,628$1,021$624$375$31
39 years$2,425$1,548$956$576$340$26
40 years$2,338$1,473$896$531$308$22
41 years$2,255$1,402$841$490$280$18
42 years$2,177$1,335$788$452$254$15
43 years$2,103$1,272$740$417$230$13
44 years$2,032$1,213$694$385$209$11
45 years$1,964$1,156$652$356$190$9
46 years$1,900$1,103$612$329$172$8
47 years$1,838$1,053$575$304$156$6
48 years$1,780$1,005$541$281$142$5
49 years$1,723$960$508$259$129$4
50 years$1,670$917$478$240$117$4

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 $3,033 every year, while hoping to spend $52,220 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: 73/17/10 Blend
43$1,710,000$1,710,000$1,710,000$1,710,000
44$1,887,549$1,796,919$1,770,414$2,021,605
45$2,024,517$1,829,406$1,774,161$2,143,026
46$2,173,706$1,861,735$1,776,283$2,269,178
47$2,336,306$1,893,843$1,776,672$2,405,905
48$2,513,630$1,925,662$1,775,211$2,554,239
49$2,707,120$1,957,119$1,771,780$2,715,315
50$2,918,365$1,988,136$1,766,253$2,890,383
51$3,149,113$2,018,629$1,758,497$3,080,823
52$3,401,289$2,048,509$1,748,373$3,288,152
53$3,677,012$2,077,678$1,735,736$3,514,044
54$3,978,617$2,106,033$1,720,432$3,760,340
55$4,308,671$2,133,463$1,702,301$4,029,073
56$4,670,004$2,159,852$1,681,177$4,322,479
57$5,065,731$2,185,071$1,656,883$4,643,024
58$5,499,283$2,208,987$1,629,236$4,993,426
59$5,974,438$2,231,456$1,598,044$5,376,678
60$6,495,357$2,252,323$1,563,105$5,796,080
61$7,066,623$2,271,427$1,524,208$6,255,267
62$7,693,283$2,288,591$1,481,134$6,758,247
63$8,380,897$2,303,632$1,433,651$7,309,435
64$9,135,590$2,316,351$1,381,520$7,913,699
65$9,964,106$2,326,538$1,324,486$8,576,401
66$10,873,876$2,333,969$1,262,288$9,303,452
67$11,873,085$2,338,408$1,194,649$10,101,367
68$12,970,752$2,339,602$1,121,282$10,977,324
69$14,176,809$2,337,283$1,041,885$11,939,237
70$15,502,199$2,331,166$956,144$12,995,826
71$16,958,979$2,320,948$863,730$14,156,701
72$18,560,431$2,306,310$764,301$15,432,456
73$20,321,187$2,286,912$657,497$16,834,765
74$22,257,369$2,262,392$542,944$18,376,494
75$24,386,740$2,232,368$420,252$20,071,823
76$26,728,868$2,196,435$289,012$21,936,383
77$29,305,317$2,154,164$148,798$23,987,398
78$32,139,841$2,105,100$0$26,243,852
79$35,258,617$2,048,762$0$28,726,758
80$38,690,483$1,984,639$0$31,476,035
81$42,467,218$1,912,192$0$34,501,259
82$46,623,834$1,830,849$0$37,830,493
83$51,198,912$1,740,007$0$41,494,665
84$56,234,960$1,639,027$0$45,527,858
85$61,778,818$1,527,231$0$49,967,633
86$67,882,098$1,403,907$0$54,855,381
87$74,601,671$1,268,297$0$60,236,718
88$82,000,202$1,119,604$0$66,161,913
89$90,146,742$956,983$0$72,686,364
90$99,117,378$779,544$0$79,871,121
91$108,995,952$586,343$0$87,783,464
92$119,874,852$376,387$0$96,497,536
93$131,855,881$148,624$0$106,095,049
94$145,051,219$0$0$116,666,047
95$159,584,482$0$0$128,328,109
96$175,591,886$0$0$141,203,811
97$193,223,534$0$0$155,386,102
98$212,644,830$0$0$171,008,041
99$234,038,042$0$0$188,216,254
100$257,604,020$0$0$207,172,313