Can I retire at age 44 with 1,730,000?

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 $1,730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.7%
1 years$142,862$141,589$140,348$139,136$137,953$135,278
2 years$70,724$69,406$68,130$66,892$65,692$63,008
3 years$46,681$45,358$44,085$42,859$41,678$39,068
4 years$34,662$33,343$32,082$30,877$29,725$27,210
5 years$27,452$26,141$24,897$23,717$22,596$20,183
6 years$22,647$21,346$20,121$18,966$17,880$15,571
7 years$19,217$17,927$16,720$15,593$14,541$12,337
8 years$16,645$15,366$14,180$13,081$12,063$9,964
9 years$14,646$13,379$12,213$11,142$10,159$8,163
10 years$13,047$11,793$10,648$9,604$8,656$6,761
11 years$11,740$10,499$9,374$8,359$7,444$5,648
12 years$10,652$9,423$8,319$7,332$6,451$4,752
13 years$9,732$8,516$7,433$6,473$5,626$4,019
14 years$8,943$7,741$6,678$5,746$4,931$3,416
15 years$8,261$7,071$6,030$5,124$4,342$2,914
16 years$7,665$6,488$5,467$4,588$3,837$2,494
17 years$7,139$5,975$4,975$4,123$3,402$2,140
18 years$6,672$5,521$4,541$3,715$3,025$1,840
19 years$6,255$5,117$4,157$3,357$2,697$1,585
20 years$5,880$4,755$3,815$3,040$2,409$1,368
21 years$5,541$4,429$3,509$2,759$2,155$1,182
22 years$5,233$4,134$3,234$2,509$1,932$1,023
23 years$4,953$3,867$2,986$2,285$1,734$886
24 years$4,696$3,623$2,762$2,084$1,559$768
25 years$4,460$3,400$2,558$1,903$1,403$666
26 years$4,243$3,195$2,372$1,740$1,264$579
27 years$4,042$3,007$2,203$1,593$1,139$503
28 years$3,856$2,834$2,048$1,459$1,028$437
29 years$3,683$2,673$1,906$1,338$928$380
30 years$3,522$2,525$1,775$1,228$839$330
31 years$3,371$2,387$1,655$1,128$758$287
32 years$3,230$2,258$1,544$1,037$686$250
33 years$3,098$2,139$1,442$953$621$218
34 years$2,974$2,027$1,347$877$562$189
35 years$2,858$1,922$1,259$807$509$165
36 years$2,748$1,825$1,178$744$461$144
37 years$2,644$1,733$1,103$685$418$125
38 years$2,546$1,647$1,033$632$379$109
39 years$2,453$1,566$968$582$344$95
40 years$2,365$1,490$907$537$312$83
41 years$2,282$1,418$850$496$283$72
42 years$2,203$1,351$798$457$257$63
43 years$2,127$1,287$748$422$233$55
44 years$2,055$1,227$703$390$211$48
45 years$1,987$1,170$660$360$192$42
46 years$1,922$1,116$620$333$174$36
47 years$1,860$1,065$582$307$158$32
48 years$1,800$1,017$547$284$144$28
49 years$1,743$971$514$262$130$24
50 years$1,689$927$483$242$119$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,730,000, adding $6,654 every year, while hoping to spend $27,656 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: 71/5/24 Blend
43$1,730,000$1,730,000$1,730,000$1,730,000
44$1,913,324$1,821,634$1,794,819$2,037,185
45$2,079,057$1,881,468$1,825,519$2,180,620
46$2,260,768$1,943,307$1,856,321$2,333,755
47$2,460,057$2,007,220$1,887,199$2,500,774
48$2,678,688$2,073,279$1,918,126$2,683,052
49$2,918,602$2,141,558$1,949,071$2,882,107
50$3,181,938$2,212,132$1,980,003$3,099,607
51$3,471,052$2,285,083$2,010,889$3,337,392
52$3,788,538$2,360,491$2,041,693$3,597,489
53$4,137,257$2,438,443$2,072,378$3,882,128
54$4,520,357$2,519,027$2,102,902$4,193,770
55$4,941,308$2,602,333$2,133,224$4,535,122
56$5,403,932$2,688,458$2,163,297$4,909,170
57$5,912,440$2,777,500$2,193,075$5,319,201
58$6,471,471$2,869,559$2,222,505$5,768,838
59$7,086,136$2,964,742$2,251,533$6,262,072
60$7,762,066$3,063,159$2,280,104$6,803,300
61$8,505,464$3,164,921$2,308,155$7,397,367
62$9,323,167$3,270,148$2,335,624$8,049,613
63$10,222,705$3,378,960$2,362,442$8,765,919
64$11,212,376$3,491,484$2,388,539$9,552,767
65$12,301,323$3,607,851$2,413,839$10,417,298
66$13,499,618$3,728,197$2,438,264$11,367,381
67$14,818,362$3,852,661$2,461,728$12,411,689
68$16,269,784$3,981,391$2,484,145$13,559,775
69$17,867,359$4,114,536$2,505,421$14,822,167
70$19,625,936$4,252,255$2,525,459$16,210,468
71$21,561,875$4,394,709$2,544,156$17,737,462
72$23,693,204$4,542,067$2,561,402$19,417,235
73$26,039,787$4,694,504$2,577,085$21,265,311
74$28,623,513$4,852,202$2,591,085$23,298,796
75$31,468,499$5,015,349$2,603,275$25,536,541
76$34,601,325$5,184,139$2,613,523$27,999,316
77$38,051,274$5,358,776$2,621,690$30,710,012
78$41,850,617$5,539,469$2,627,630$33,693,852
79$46,034,915$5,726,437$2,631,190$36,978,633
80$50,643,349$5,919,906$2,632,208$40,594,985
81$55,719,100$6,120,111$2,630,516$44,576,662
82$61,309,746$6,327,294$2,625,936$48,960,861
83$67,467,718$6,541,709$2,618,283$53,788,571
84$74,250,791$6,763,619$2,607,361$59,104,963
85$81,722,630$6,993,295$2,592,966$64,959,813
86$89,953,392$7,231,020$2,574,885$71,407,975
87$99,020,386$7,477,088$2,552,891$78,509,898
88$109,008,804$7,731,803$2,526,752$86,332,195
89$120,012,522$7,995,483$2,496,218$94,948,272
90$132,134,992$8,268,454$2,461,034$104,439,026
91$145,490,212$8,551,058$2,420,929$114,893,602
92$160,203,803$8,843,650$2,375,620$126,410,239
93$176,414,199$9,146,597$2,324,812$139,097,194
94$194,273,948$9,460,281$2,268,193$153,073,768
95$213,951,155$9,785,099$2,205,442$168,471,431
96$235,631,066$10,121,462$2,136,218$185,435,062
97$259,517,821$10,469,800$2,060,167$204,124,317
98$285,836,375$10,830,556$1,976,919$224,715,138
99$314,834,625$11,204,193$1,886,085$247,401,413
100$346,785,749$11,591,191$1,787,261$272,396,808