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%13%
1 years$145,339$144,045$142,781$141,549$140,345$138,591
2 years$71,950$70,610$69,311$68,052$66,831$65,066
3 years$47,490$46,144$44,849$43,602$42,400$40,680
4 years$35,263$33,921$32,639$31,413$30,240$28,577
5 years$27,928$26,595$25,329$24,128$22,988$21,387
6 years$23,040$21,716$20,470$19,295$18,190$16,652
7 years$19,550$18,237$17,010$15,864$14,793$13,320
8 years$16,933$15,633$14,426$13,308$12,272$10,864
9 years$14,900$13,611$12,425$11,335$10,335$8,990
10 years$13,273$11,998$10,833$9,771$8,806$7,524
11 years$11,944$10,681$9,537$8,504$7,573$6,353
12 years$10,836$9,586$8,464$7,459$6,563$5,403
13 years$9,900$8,663$7,562$6,585$5,723$4,622
14 years$9,099$7,875$6,794$5,846$5,017$3,973
15 years$8,404$7,194$6,134$5,213$4,417$3,429
16 years$7,797$6,600$5,562$4,668$3,904$2,969
17 years$7,263$6,078$5,061$4,194$3,461$2,579
18 years$6,788$5,617$4,620$3,780$3,078$2,245
19 years$6,363$5,206$4,229$3,415$2,743$1,959
20 years$5,982$4,837$3,881$3,093$2,450$1,712
21 years$5,637$4,506$3,570$2,807$2,193$1,499
22 years$5,324$4,206$3,290$2,552$1,966$1,314
23 years$5,039$3,934$3,038$2,325$1,764$1,153
24 years$4,777$3,686$2,810$2,120$1,586$1,013
25 years$4,538$3,459$2,602$1,936$1,427$891
26 years$4,316$3,251$2,414$1,770$1,285$784
27 years$4,112$3,059$2,241$1,620$1,159$690
28 years$3,923$2,883$2,084$1,485$1,046$608
29 years$3,747$2,720$1,939$1,361$944$536
30 years$3,583$2,568$1,806$1,250$853$473
31 years$3,429$2,428$1,684$1,148$771$417
32 years$3,286$2,297$1,571$1,055$698$368
33 years$3,152$2,176$1,467$970$631$325
34 years$3,026$2,062$1,370$892$572$287
35 years$2,907$1,956$1,281$821$518$254
36 years$2,795$1,856$1,199$757$469$224
37 years$2,690$1,763$1,122$697$425$198
38 years$2,590$1,676$1,051$642$386$175
39 years$2,496$1,593$984$592$350$155
40 years$2,406$1,516$923$546$317$137
41 years$2,321$1,443$865$504$288$121
42 years$2,241$1,374$811$465$261$107
43 years$2,164$1,309$761$429$237$95
44 years$2,091$1,248$715$397$215$84
45 years$2,022$1,190$671$366$195$74
46 years$1,955$1,135$630$338$177$65
47 years$1,892$1,083$592$313$161$58
48 years$1,832$1,034$557$289$146$51
49 years$1,774$988$523$267$133$45
50 years$1,718$944$492$247$121$40

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 $6,527 every year, while hoping to spend $23,528 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: 51/33/16 Blend
43$1,760,000$1,760,000$1,760,000$1,760,000
44$1,946,253$1,852,973$1,825,693$2,036,678
45$2,119,737$1,918,735$1,861,820$2,165,255
46$2,310,128$1,986,930$1,898,368$2,301,967
47$2,519,125$2,057,655$1,935,328$2,450,082
48$2,748,601$2,131,005$1,972,687$2,610,683
49$3,000,619$2,207,084$2,010,432$2,784,964
50$3,277,449$2,285,999$2,048,549$2,974,234
51$3,581,595$2,367,859$2,087,022$3,179,938
52$3,915,815$2,452,781$2,125,834$3,403,661
53$4,283,144$2,540,884$2,164,966$3,647,149
54$4,686,931$2,632,293$2,204,398$3,912,323
55$5,130,862$2,727,139$2,244,109$4,201,298
56$5,618,999$2,825,558$2,284,076$4,516,397
57$6,155,816$2,927,689$2,324,271$4,860,183
58$6,746,244$3,033,681$2,364,670$5,235,471
59$7,395,716$3,143,687$2,405,241$5,645,363
60$8,110,217$3,257,865$2,445,954$6,093,274
61$8,896,341$3,376,382$2,486,776$6,582,961
62$9,761,355$3,499,412$2,527,670$7,118,563
63$10,713,264$3,627,134$2,568,598$7,704,635
64$11,760,889$3,759,736$2,609,518$8,346,192
65$12,913,951$3,897,415$2,650,388$9,048,759
66$14,183,159$4,040,373$2,691,161$9,818,417
67$15,580,314$4,188,824$2,731,788$10,661,864
68$17,118,418$4,342,988$2,772,215$11,586,477
69$18,811,800$4,503,098$2,812,387$12,600,378
70$20,676,247$4,669,393$2,852,246$13,712,513
71$22,729,155$4,842,124$2,891,727$14,932,738
72$24,989,694$5,021,553$2,930,764$16,271,904
73$27,478,985$5,207,952$2,969,288$17,741,965
74$30,220,306$5,401,605$3,007,223$19,356,090
75$33,239,302$5,602,809$3,044,490$21,128,782
76$36,564,237$5,811,873$3,081,006$23,076,019
77$40,226,252$6,029,118$3,116,683$25,215,400
78$44,259,666$6,254,881$3,151,428$27,566,314
79$48,702,294$6,489,512$3,185,143$30,150,118
80$53,595,806$6,733,376$3,217,723$32,990,342
81$58,986,121$6,986,854$3,249,060$36,112,907
82$64,923,840$7,250,345$3,279,039$39,546,371
83$71,464,723$7,524,263$3,307,537$43,322,195
84$78,670,213$7,809,040$3,334,428$47,475,041
85$86,608,019$8,105,128$3,359,576$52,043,096
86$95,352,755$8,412,997$3,382,840$57,068,436
87$104,986,643$8,733,140$3,404,071$62,597,415
88$115,600,285$9,066,069$3,423,112$68,681,106
89$127,293,527$9,412,319$3,439,799$75,375,783
90$140,176,393$9,772,449$3,453,959$82,743,446
91$154,370,127$10,147,041$3,465,409$90,852,408
92$170,008,338$10,536,704$3,473,958$99,777,941
93$187,238,259$10,942,073$3,479,406$109,602,978
94$206,222,138$11,363,811$3,481,543$120,418,900
95$227,138,768$11,802,610$3,480,146$132,326,398
96$250,185,177$12,259,192$3,474,986$145,436,416
97$275,578,484$12,734,312$3,465,817$159,871,200
98$303,557,953$13,228,756$3,452,385$175,765,453
99$334,387,247$13,743,348$3,434,423$193,267,599
100$368,356,920$14,278,946$3,411,650$212,541,186