Can I retire at age 44 with 1,760,000?

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 $1,760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$145,339$144,045$142,781$141,549$140,345$136,344
2 years$71,950$70,610$69,311$68,052$66,831$62,831
3 years$47,490$46,144$44,849$43,602$42,400$38,527
4 years$35,263$33,921$32,639$31,413$30,240$26,523
5 years$27,928$26,595$25,329$24,128$22,988$19,438
6 years$23,040$21,716$20,470$19,295$18,190$14,809
7 years$19,550$18,237$17,010$15,864$14,793$11,582
8 years$16,933$15,633$14,426$13,308$12,272$9,229
9 years$14,900$13,611$12,425$11,335$10,335$7,457
10 years$13,273$11,998$10,833$9,771$8,806$6,089
11 years$11,944$10,681$9,537$8,504$7,573$5,013
12 years$10,836$9,586$8,464$7,459$6,563$4,154
13 years$9,900$8,663$7,562$6,585$5,723$3,460
14 years$9,099$7,875$6,794$5,846$5,017$2,895
15 years$8,404$7,194$6,134$5,213$4,417$2,430
16 years$7,797$6,600$5,562$4,668$3,904$2,046
17 years$7,263$6,078$5,061$4,194$3,461$1,726
18 years$6,788$5,617$4,620$3,780$3,078$1,460
19 years$6,363$5,206$4,229$3,415$2,743$1,236
20 years$5,982$4,837$3,881$3,093$2,450$1,049
21 years$5,637$4,506$3,570$2,807$2,193$890
22 years$5,324$4,206$3,290$2,552$1,966$757
23 years$5,039$3,934$3,038$2,325$1,764$644
24 years$4,777$3,686$2,810$2,120$1,586$548
25 years$4,538$3,459$2,602$1,936$1,427$467
26 years$4,316$3,251$2,414$1,770$1,285$398
27 years$4,112$3,059$2,241$1,620$1,159$339
28 years$3,923$2,883$2,084$1,485$1,046$289
29 years$3,747$2,720$1,939$1,361$944$247
30 years$3,583$2,568$1,806$1,250$853$211
31 years$3,429$2,428$1,684$1,148$771$180
32 years$3,286$2,297$1,571$1,055$698$153
33 years$3,152$2,176$1,467$970$631$131
34 years$3,026$2,062$1,370$892$572$112
35 years$2,907$1,956$1,281$821$518$96
36 years$2,795$1,856$1,199$757$469$82
37 years$2,690$1,763$1,122$697$425$70
38 years$2,590$1,676$1,051$642$386$60
39 years$2,496$1,593$984$592$350$51
40 years$2,406$1,516$923$546$317$43
41 years$2,321$1,443$865$504$288$37
42 years$2,241$1,374$811$465$261$32
43 years$2,164$1,309$761$429$237$27
44 years$2,091$1,248$715$397$215$23
45 years$2,022$1,190$671$366$195$20
46 years$1,955$1,135$630$338$177$17
47 years$1,892$1,083$592$313$161$14
48 years$1,832$1,034$557$289$146$12
49 years$1,774$988$523$267$133$11
50 years$1,718$944$492$247$121$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,760,000, adding $6,600 every year, while hoping to spend $25,849 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: 73/7/20 Blend
43$1,760,000$1,760,000$1,760,000$1,760,000
44$1,946,328$1,853,048$1,825,768$2,078,623
45$2,117,350$1,916,344$1,859,428$2,230,711
46$2,304,950$1,981,875$1,893,349$2,393,525
47$2,510,792$2,049,724$1,927,513$2,571,236
48$2,736,708$2,119,976$1,961,900$2,765,320
49$2,984,717$2,192,719$1,996,488$2,977,404
50$3,257,041$2,268,046$2,031,254$3,209,279
51$3,556,131$2,346,052$2,066,173$3,462,916
52$3,884,685$2,426,837$2,101,218$3,740,489
53$4,245,675$2,510,503$2,136,361$4,044,389
54$4,642,375$2,597,160$2,171,570$4,377,254
55$5,078,394$2,686,917$2,206,814$4,741,986
56$5,557,705$2,779,890$2,242,057$5,141,784
57$6,084,687$2,876,201$2,277,262$5,580,172
58$6,664,164$2,975,975$2,312,390$6,061,032
59$7,301,452$3,079,340$2,347,398$6,588,640
60$8,002,405$3,186,433$2,382,241$7,167,709
61$8,773,476$3,297,394$2,416,872$7,803,427
62$9,621,774$3,412,370$2,451,240$8,501,515
63$10,555,130$3,531,511$2,485,292$9,268,274
64$11,582,174$3,654,976$2,518,970$10,110,646
65$12,712,415$3,782,929$2,552,215$11,036,279
66$13,956,330$3,915,541$2,584,962$12,053,601
67$15,325,462$4,052,989$2,617,145$13,171,899
68$16,832,532$4,195,458$2,648,692$14,401,404
69$18,491,555$4,343,140$2,679,528$15,753,389
70$20,317,974$4,496,235$2,709,573$17,240,277
71$22,328,808$4,654,950$2,738,744$18,875,755
72$24,542,805$4,819,502$2,766,951$20,674,905
73$26,980,629$4,990,115$2,794,102$22,654,346
74$29,665,047$5,167,024$2,820,097$24,832,391
75$32,621,145$5,350,472$2,844,834$27,229,218
76$35,876,569$5,540,712$2,868,203$29,867,062
77$39,461,780$5,738,008$2,890,089$32,770,423
78$43,410,345$5,942,635$2,910,371$35,966,302
79$47,759,254$6,154,877$2,928,921$39,484,448
80$52,549,263$6,375,032$2,945,606$43,357,644
81$57,825,289$6,603,409$2,960,285$47,622,017
82$63,636,824$6,840,331$2,972,809$52,317,374
83$70,038,405$7,086,133$2,983,024$57,487,582
84$77,090,133$7,341,164$2,990,766$63,180,980
85$84,858,233$7,605,787$2,995,863$69,450,836
86$93,415,684$7,880,382$2,998,135$76,355,849
87$102,842,904$8,165,341$2,997,394$83,960,704
88$113,228,515$8,461,077$2,993,440$92,336,680
89$124,670,170$8,768,016$2,986,067$101,562,326
90$137,275,482$9,086,604$2,975,056$111,724,201
91$151,163,039$9,417,305$2,960,177$122,917,689
92$166,463,518$9,760,603$2,941,193$135,247,902
93$183,320,925$10,117,000$2,917,850$148,830,671
94$201,893,947$10,487,021$2,889,887$163,793,641
95$222,357,459$10,871,214$2,857,027$180,277,471
96$244,904,164$11,270,148$2,818,981$198,437,168
97$269,746,419$11,684,416$2,775,448$218,443,547
98$297,118,239$12,114,637$2,726,110$240,484,841
99$327,277,501$12,561,456$2,670,637$264,768,484
100$360,508,383$13,025,545$2,608,681$291,523,063