Can I retire at age 44 with 1,770,000?

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 $1,770,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$146,165$144,863$143,593$142,353$141,142$137,730
2 years$72,359$71,011$69,705$68,439$67,211$63,794
3 years$47,760$46,407$45,104$43,849$42,641$39,326
4 years$35,463$34,114$32,824$31,591$30,412$27,224
5 years$28,087$26,746$25,473$24,265$23,119$20,067
6 years$23,171$21,840$20,586$19,405$18,293$15,381
7 years$19,661$18,341$17,107$15,954$14,877$12,104
8 years$17,030$15,722$14,508$13,383$12,342$9,708
9 years$14,984$13,689$12,496$11,400$10,394$7,896
10 years$13,349$12,066$10,894$9,827$8,856$6,491
11 years$12,012$10,741$9,591$8,552$7,616$5,382
12 years$10,898$9,641$8,512$7,501$6,600$4,492
13 years$9,957$8,713$7,605$6,623$5,756$3,770
14 years$9,150$7,920$6,833$5,879$5,045$3,178
15 years$8,452$7,235$6,169$5,243$4,442$2,688
16 years$7,842$6,638$5,593$4,694$3,926$2,281
17 years$7,304$6,113$5,090$4,218$3,481$1,940
18 years$6,826$5,649$4,646$3,801$3,095$1,654
19 years$6,399$5,235$4,253$3,435$2,759$1,412
20 years$6,016$4,865$3,904$3,111$2,464$1,208
21 years$5,669$4,531$3,590$2,823$2,205$1,034
22 years$5,354$4,230$3,309$2,567$1,977$887
23 years$5,067$3,956$3,055$2,338$1,774$761
24 years$4,805$3,707$2,826$2,132$1,595$653
25 years$4,563$3,478$2,617$1,947$1,435$561
26 years$4,341$3,269$2,427$1,780$1,293$483
27 years$4,135$3,077$2,254$1,630$1,166$415
28 years$3,945$2,899$2,095$1,493$1,052$357
29 years$3,768$2,735$1,950$1,369$950$308
30 years$3,603$2,583$1,816$1,257$858$265
31 years$3,449$2,442$1,693$1,154$776$228
32 years$3,305$2,310$1,580$1,061$702$197
33 years$3,170$2,188$1,475$975$635$169
34 years$3,043$2,074$1,378$897$575$146
35 years$2,924$1,967$1,289$826$521$126
36 years$2,811$1,867$1,205$761$472$109
37 years$2,705$1,773$1,128$701$428$94
38 years$2,605$1,685$1,057$646$388$81
39 years$2,510$1,602$990$596$352$70
40 years$2,420$1,524$928$550$319$60
41 years$2,335$1,451$870$507$289$52
42 years$2,253$1,382$816$468$263$45
43 years$2,176$1,317$766$432$238$39
44 years$2,103$1,255$719$399$216$33
45 years$2,033$1,197$675$368$196$29
46 years$1,966$1,142$634$340$178$25
47 years$1,903$1,090$596$314$162$21
48 years$1,842$1,040$560$290$147$18
49 years$1,784$993$526$268$134$16
50 years$1,728$949$495$248$121$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,770,000, adding $2,235 every year, while hoping to spend $49,831 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: 53/21/26 Blend
43$1,770,000$1,770,000$1,770,000$1,770,000
44$1,952,845$1,859,035$1,831,600$2,042,107
45$2,099,016$1,897,108$1,839,939$2,142,149
46$2,258,426$1,935,377$1,846,887$2,245,673
47$2,432,372$1,973,798$1,852,345$2,357,324
48$2,622,285$2,012,324$1,856,209$2,477,900
49$2,829,735$2,050,905$1,858,370$2,608,277
50$3,056,455$2,089,486$1,858,712$2,749,424
51$3,304,349$2,128,007$1,857,115$2,902,408
52$3,575,518$2,166,404$1,853,453$3,068,408
53$3,872,270$2,204,608$1,847,593$3,248,722
54$4,197,151$2,242,543$1,839,397$3,444,783
55$4,552,962$2,280,129$1,828,718$3,658,169
56$4,942,788$2,317,279$1,815,404$3,890,624
57$5,370,027$2,353,900$1,799,295$4,144,067
58$5,838,421$2,389,893$1,780,223$4,420,619
59$6,352,092$2,425,150$1,758,012$4,722,614
60$6,915,579$2,459,556$1,732,480$5,052,632
61$7,533,883$2,492,989$1,703,432$5,413,512
62$8,212,510$2,525,317$1,670,668$5,808,389
63$8,957,528$2,556,399$1,633,978$6,240,719
64$9,775,619$2,586,086$1,593,139$6,714,312
65$10,674,144$2,614,216$1,547,921$7,233,371
66$11,661,214$2,640,620$1,498,083$7,802,530
67$12,745,761$2,665,113$1,443,373$8,426,900
68$13,937,628$2,687,503$1,383,525$9,112,113
69$15,247,657$2,707,582$1,318,264$9,864,385
70$16,687,793$2,725,129$1,247,301$10,690,564
71$18,271,197$2,739,909$1,170,334$11,598,206
72$20,012,367$2,751,672$1,087,049$12,595,639
73$21,927,278$2,760,154$997,114$13,692,046
74$24,033,530$2,765,071$900,187$14,897,552
75$26,350,515$2,766,124$795,908$16,223,321
76$28,899,597$2,762,993$683,900$17,681,660
77$31,704,317$2,755,341$563,772$19,286,139
78$34,790,613$2,742,808$435,114$21,051,717
79$38,187,063$2,725,014$297,498$22,994,889
80$41,925,157$2,701,553$150,478$25,133,837
81$46,039,592$2,671,998$0$27,488,606
82$50,568,599$2,635,894$0$30,083,077
83$55,554,302$2,592,760$0$32,984,496
84$61,043,120$2,542,084$0$36,178,069
85$67,086,200$2,483,327$0$39,693,552
86$73,739,898$2,415,917$0$43,563,731
87$81,066,318$2,339,247$0$47,824,745
88$89,133,889$2,252,676$0$52,516,417
89$98,018,014$2,155,525$0$57,682,638
90$107,801,782$2,047,077$0$63,371,777
91$118,576,752$1,926,572$0$69,637,140
92$130,443,813$1,793,206$0$76,537,476
93$143,514,140$1,646,131$0$84,137,528
94$157,910,239$1,484,449$0$92,508,649
95$173,767,106$1,307,210$0$101,729,473
96$191,233,500$1,113,412$0$111,886,663
97$210,473,344$901,996$0$123,075,724
98$231,667,273$671,842$0$135,401,911
99$255,014,342$421,769$0$148,981,220
100$280,733,897$150,528$0$163,941,488