Can I retire at age 44 with 1,740,000?

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 $1,740,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$143,688$142,408$141,159$139,940$138,750$133,456
2 years$71,132$69,808$68,524$67,279$66,071$60,800
3 years$46,951$45,620$44,339$43,106$41,918$36,835
4 years$34,862$33,536$32,268$31,056$29,897$25,041
5 years$27,611$26,292$25,041$23,854$22,727$18,111
6 years$22,778$21,470$20,237$19,076$17,983$13,610
7 years$19,328$18,030$16,817$15,683$14,625$10,494
8 years$16,741$15,455$14,262$13,156$12,133$8,239
9 years$14,730$13,457$12,284$11,206$10,218$6,556
10 years$13,122$11,861$10,709$9,660$8,706$5,270
11 years$11,808$10,559$9,428$8,407$7,487$4,269
12 years$10,713$9,478$8,367$7,374$6,488$3,479
13 years$9,788$8,565$7,476$6,510$5,658$2,849
14 years$8,995$7,785$6,717$5,779$4,960$2,342
15 years$8,309$7,112$6,065$5,154$4,367$1,932
16 years$7,709$6,525$5,498$4,615$3,860$1,597
17 years$7,180$6,009$5,003$4,146$3,422$1,323
18 years$6,711$5,553$4,567$3,737$3,043$1,098
19 years$6,291$5,146$4,181$3,376$2,712$913
20 years$5,914$4,782$3,837$3,058$2,423$759
21 years$5,573$4,455$3,530$2,775$2,168$633
22 years$5,263$4,158$3,253$2,523$1,943$527
23 years$4,981$3,889$3,004$2,298$1,744$440
24 years$4,723$3,644$2,778$2,096$1,568$367
25 years$4,486$3,419$2,573$1,914$1,411$306
26 years$4,267$3,214$2,386$1,750$1,271$256
27 years$4,065$3,025$2,216$1,602$1,146$214
28 years$3,878$2,850$2,060$1,468$1,034$179
29 years$3,704$2,689$1,917$1,346$934$149
30 years$3,542$2,539$1,786$1,235$843$125
31 years$3,391$2,400$1,665$1,135$763$104
32 years$3,249$2,271$1,553$1,043$690$87
33 years$3,116$2,151$1,450$959$624$73
34 years$2,991$2,039$1,355$882$565$61
35 years$2,874$1,934$1,267$812$512$51
36 years$2,764$1,835$1,185$748$464$43
37 years$2,659$1,743$1,109$689$420$36
38 years$2,561$1,656$1,039$635$381$30
39 years$2,467$1,575$973$586$346$25
40 years$2,379$1,499$912$540$313$21
41 years$2,295$1,427$855$498$284$18
42 years$2,215$1,359$802$460$258$15
43 years$2,139$1,294$753$425$234$12
44 years$2,067$1,234$707$392$213$10
45 years$1,999$1,177$664$362$193$9
46 years$1,933$1,122$623$334$175$7
47 years$1,871$1,071$585$309$159$6
48 years$1,811$1,023$550$286$145$5
49 years$1,754$977$517$264$131$4
50 years$1,699$933$486$244$119$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,740,000, adding $4,194 every year, while hoping to spend $27,464 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: 79/11/10 Blend
43$1,740,000$1,740,000$1,740,000$1,740,000
44$1,921,806$1,829,586$1,802,616$2,070,116
45$2,088,609$1,890,014$1,833,782$2,228,521
46$2,271,505$1,952,483$1,865,072$2,398,271
47$2,472,107$2,017,063$1,896,460$2,583,692
48$2,692,191$2,083,829$1,927,921$2,786,336
49$2,933,714$2,152,855$1,959,425$3,007,912
50$3,198,829$2,224,222$1,990,943$3,250,302
51$3,489,912$2,298,011$2,022,442$3,515,578
52$3,809,576$2,374,307$2,053,887$3,806,024
53$4,160,703$2,453,197$2,085,242$4,124,154
54$4,546,464$2,534,774$2,116,467$4,472,736
55$4,970,357$2,619,131$2,147,522$4,854,820
56$5,436,231$2,706,366$2,178,362$5,273,767
57$5,948,330$2,796,582$2,208,940$5,733,275
58$6,511,327$2,889,882$2,239,207$6,237,423
59$7,130,373$2,986,376$2,269,111$6,790,700
60$7,811,140$3,086,178$2,298,595$7,398,052
61$8,559,880$3,189,404$2,327,602$8,064,930
62$9,383,479$3,296,176$2,356,068$8,797,337
63$10,289,526$3,406,621$2,383,928$9,601,886
64$11,286,381$3,520,869$2,411,113$10,485,864
65$12,383,256$3,639,055$2,437,550$11,457,299
66$13,590,300$3,761,322$2,463,160$12,525,036
67$14,918,698$3,887,813$2,487,863$13,698,819
68$16,380,771$4,018,682$2,511,572$14,989,385
69$17,990,097$4,154,085$2,534,197$16,408,562
70$19,761,637$4,294,185$2,555,643$17,969,385
71$21,711,875$4,439,151$2,575,808$19,686,213
72$23,858,976$4,589,159$2,594,587$21,574,871
73$26,222,954$4,744,391$2,611,869$23,652,791
74$28,825,865$4,905,035$2,627,535$25,939,185
75$31,692,010$5,071,288$2,641,465$28,455,219
76$34,848,167$5,243,354$2,653,526$31,224,217
77$38,323,846$5,421,444$2,663,585$34,271,877
78$42,151,560$5,605,777$2,671,497$37,626,518
79$46,367,139$5,796,580$2,677,112$41,319,343
80$51,010,066$5,994,091$2,680,274$45,384,736
81$56,123,845$6,198,554$2,680,816$49,860,582
82$61,756,419$6,410,225$2,678,565$54,788,631
83$67,960,615$6,629,367$2,673,338$60,214,886
84$74,794,649$6,856,257$2,664,945$66,190,040
85$82,322,668$7,091,178$2,653,186$72,769,950
86$90,615,362$7,334,429$2,637,850$80,016,173
87$99,750,629$7,586,315$2,618,718$87,996,534
88$109,814,307$7,847,158$2,595,558$96,785,778
89$120,900,986$8,117,289$2,568,130$106,466,267
90$133,114,904$8,397,054$2,536,180$117,128,762
91$146,570,926$8,686,811$2,499,443$128,873,275
92$161,395,627$8,986,932$2,457,642$141,810,017
93$177,728,495$9,297,805$2,410,486$156,060,436
94$195,723,236$9,619,832$2,357,672$171,758,362
95$215,549,233$9,953,430$2,298,881$189,051,272
96$237,393,142$10,299,036$2,233,781$208,101,682
97$261,460,653$10,657,099$2,162,023$229,088,676
98$287,978,432$11,028,090$2,083,244$252,209,604
99$317,196,263$11,412,497$1,997,062$277,681,938
100$349,389,398$11,810,826$1,903,081$305,745,327