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

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 $1,740,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.1%
1 years$143,688$142,408$141,159$139,940$138,750$133,668
2 years$71,132$69,808$68,524$67,279$66,071$61,008
3 years$46,951$45,620$44,339$43,106$41,918$37,032
4 years$34,862$33,536$32,268$31,056$29,897$25,226
5 years$27,611$26,292$25,041$23,854$22,727$18,283
6 years$22,778$21,470$20,237$19,076$17,983$13,770
7 years$19,328$18,030$16,817$15,683$14,625$10,641
8 years$16,741$15,455$14,262$13,156$12,133$8,375
9 years$14,730$13,457$12,284$11,206$10,218$6,680
10 years$13,122$11,861$10,709$9,660$8,706$5,383
11 years$11,808$10,559$9,428$8,407$7,487$4,372
12 years$10,713$9,478$8,367$7,374$6,488$3,573
13 years$9,788$8,565$7,476$6,510$5,658$2,934
14 years$8,995$7,785$6,717$5,779$4,960$2,419
15 years$8,309$7,112$6,065$5,154$4,367$2,001
16 years$7,709$6,525$5,498$4,615$3,860$1,659
17 years$7,180$6,009$5,003$4,146$3,422$1,378
18 years$6,711$5,553$4,567$3,737$3,043$1,147
19 years$6,291$5,146$4,181$3,376$2,712$957
20 years$5,914$4,782$3,837$3,058$2,423$798
21 years$5,573$4,455$3,530$2,775$2,168$667
22 years$5,263$4,158$3,253$2,523$1,943$558
23 years$4,981$3,889$3,004$2,298$1,744$467
24 years$4,723$3,644$2,778$2,096$1,568$391
25 years$4,486$3,419$2,573$1,914$1,411$327
26 years$4,267$3,214$2,386$1,750$1,271$274
27 years$4,065$3,025$2,216$1,602$1,146$230
28 years$3,878$2,850$2,060$1,468$1,034$193
29 years$3,704$2,689$1,917$1,346$934$162
30 years$3,542$2,539$1,786$1,235$843$136
31 years$3,391$2,400$1,665$1,135$763$114
32 years$3,249$2,271$1,553$1,043$690$95
33 years$3,116$2,151$1,450$959$624$80
34 years$2,991$2,039$1,355$882$565$67
35 years$2,874$1,934$1,267$812$512$56
36 years$2,764$1,835$1,185$748$464$47
37 years$2,659$1,743$1,109$689$420$40
38 years$2,561$1,656$1,039$635$381$33
39 years$2,467$1,575$973$586$346$28
40 years$2,379$1,499$912$540$313$23
41 years$2,295$1,427$855$498$284$20
42 years$2,215$1,359$802$460$258$17
43 years$2,139$1,294$753$425$234$14
44 years$2,067$1,234$707$392$213$12
45 years$1,999$1,177$664$362$193$10
46 years$1,933$1,122$623$334$175$8
47 years$1,871$1,071$585$309$159$7
48 years$1,811$1,023$550$286$145$6
49 years$1,754$977$517$264$131$5
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 $3,707 every year, while hoping to spend $26,669 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: 28/49/23 Blend
43$1,740,000$1,740,000$1,740,000$1,740,000
44$1,921,304$1,829,084$1,802,114$1,961,146
45$2,088,901$1,890,333$1,834,109$2,053,889
46$2,272,700$1,953,690$1,866,282$2,150,869
47$2,474,324$2,019,230$1,898,611$2,254,511
48$2,695,562$2,087,029$1,931,072$2,365,399
49$2,938,386$2,157,170$1,963,640$2,484,179
50$3,204,966$2,229,736$1,996,286$2,611,556
51$3,497,693$2,304,814$2,028,983$2,748,305
52$3,819,202$2,382,494$2,061,698$2,895,280
53$4,172,395$2,462,870$2,094,399$3,053,415
54$4,560,467$2,546,039$2,127,049$3,223,739
55$4,986,941$2,632,102$2,159,612$3,407,380
56$5,455,697$2,721,162$2,192,046$3,605,581
57$5,971,009$2,813,330$2,224,310$3,819,705
58$6,537,585$2,908,717$2,256,359$4,051,254
59$7,160,615$3,007,440$2,288,142$4,301,877
60$7,845,814$3,109,620$2,319,611$4,573,387
61$8,599,480$3,215,384$2,350,711$4,867,780
62$9,428,551$3,324,863$2,381,385$5,187,251
63$10,340,674$3,438,192$2,411,571$5,534,215
64$11,344,271$3,555,511$2,441,207$5,911,327
65$12,448,623$3,676,968$2,470,225$6,321,511
66$13,663,958$3,802,715$2,498,552$6,767,983
67$15,001,542$3,932,908$2,526,114$7,254,284
68$16,473,791$4,067,713$2,552,831$7,784,309
69$18,094,386$4,207,299$2,578,619$8,362,348
70$19,878,400$4,351,843$2,603,389$8,993,122
71$21,842,442$4,501,529$2,627,048$9,681,828
72$24,004,815$4,656,547$2,649,498$10,434,188
73$26,385,685$4,817,097$2,670,635$11,256,502
74$29,007,273$4,983,383$2,690,350$12,155,707
75$31,894,067$5,155,620$2,708,528$13,139,441
76$35,073,047$5,334,031$2,725,049$14,216,116
77$38,573,945$5,518,846$2,739,785$15,394,993
78$42,429,523$5,710,305$2,752,604$16,686,275
79$46,675,883$5,908,658$2,763,365$18,101,195
80$51,352,805$6,114,166$2,771,920$19,652,127
81$56,504,128$6,327,096$2,778,116$21,352,700
82$62,178,155$6,547,730$2,781,789$23,217,924
83$68,428,117$6,776,359$2,782,769$25,264,332
84$75,312,671$7,013,287$2,780,878$27,510,139
85$82,896,453$7,258,827$2,775,927$29,975,405
86$91,250,691$7,513,309$2,767,720$32,682,230
87$100,453,873$7,777,073$2,756,050$35,654,959
88$110,592,491$8,050,472$2,740,701$38,920,411
89$121,761,857$8,333,877$2,721,445$42,508,130
90$134,066,999$8,627,670$2,698,046$46,450,666
91$147,623,656$8,932,249$2,670,255$50,783,877
92$162,559,371$9,248,031$2,637,810$55,547,268
93$179,014,688$9,575,446$2,600,438$60,784,363
94$197,144,487$9,914,943$2,557,853$66,543,115
95$217,119,440$10,266,991$2,509,756$72,876,356
96$239,127,623$10,632,074$2,455,834$79,842,294
97$263,376,295$11,010,700$2,395,759$87,505,063
98$290,093,847$11,403,394$2,329,187$95,935,326
99$319,531,964$11,810,705$2,255,759$105,210,938
100$351,967,999$12,233,204$2,175,102$115,417,684