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%16.5%
1 years$146,165$144,863$143,593$142,353$141,142$137,396
2 years$72,359$71,011$69,705$68,439$67,211$63,462
3 years$47,760$46,407$45,104$43,849$42,641$39,008
4 years$35,463$34,114$32,824$31,591$30,412$26,922
5 years$28,087$26,746$25,473$24,265$23,119$19,782
6 years$23,171$21,840$20,586$19,405$18,293$15,113
7 years$19,661$18,341$17,107$15,954$14,877$11,853
8 years$17,030$15,722$14,508$13,383$12,342$9,473
9 years$14,984$13,689$12,496$11,400$10,394$7,677
10 years$13,349$12,066$10,894$9,827$8,856$6,288
11 years$12,012$10,741$9,591$8,552$7,616$5,193
12 years$10,898$9,641$8,512$7,501$6,600$4,318
13 years$9,957$8,713$7,605$6,623$5,756$3,609
14 years$9,150$7,920$6,833$5,879$5,045$3,029
15 years$8,452$7,235$6,169$5,243$4,442$2,552
16 years$7,842$6,638$5,593$4,694$3,926$2,156
17 years$7,304$6,113$5,090$4,218$3,481$1,826
18 years$6,826$5,649$4,646$3,801$3,095$1,550
19 years$6,399$5,235$4,253$3,435$2,759$1,318
20 years$6,016$4,865$3,904$3,111$2,464$1,122
21 years$5,669$4,531$3,590$2,823$2,205$956
22 years$5,354$4,230$3,309$2,567$1,977$816
23 years$5,067$3,956$3,055$2,338$1,774$697
24 years$4,805$3,707$2,826$2,132$1,595$596
25 years$4,563$3,478$2,617$1,947$1,435$509
26 years$4,341$3,269$2,427$1,780$1,293$436
27 years$4,135$3,077$2,254$1,630$1,166$373
28 years$3,945$2,899$2,095$1,493$1,052$319
29 years$3,768$2,735$1,950$1,369$950$274
30 years$3,603$2,583$1,816$1,257$858$235
31 years$3,449$2,442$1,693$1,154$776$201
32 years$3,305$2,310$1,580$1,061$702$172
33 years$3,170$2,188$1,475$975$635$148
34 years$3,043$2,074$1,378$897$575$127
35 years$2,924$1,967$1,289$826$521$109
36 years$2,811$1,867$1,205$761$472$93
37 years$2,705$1,773$1,128$701$428$80
38 years$2,605$1,685$1,057$646$388$69
39 years$2,510$1,602$990$596$352$59
40 years$2,420$1,524$928$550$319$51
41 years$2,335$1,451$870$507$289$43
42 years$2,253$1,382$816$468$263$37
43 years$2,176$1,317$766$432$238$32
44 years$2,103$1,255$719$399$216$27
45 years$2,033$1,197$675$368$196$24
46 years$1,966$1,142$634$340$178$20
47 years$1,903$1,090$596$314$162$17
48 years$1,842$1,040$560$290$147$15
49 years$1,784$993$526$268$134$13
50 years$1,728$949$495$248$121$11

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 $3,689 every year, while hoping to spend $53,090 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: 61/11/28 Blend
43$1,770,000$1,770,000$1,770,000$1,770,000
44$1,954,345$1,860,535$1,833,100$2,058,607
45$2,097,201$1,895,214$1,838,022$2,164,705
46$2,252,849$1,929,813$1,841,329$2,274,421
47$2,422,537$1,964,272$1,842,911$2,393,064
48$2,607,641$1,998,526$1,842,653$2,521,518
49$2,809,672$2,032,505$1,840,434$2,660,757
50$3,030,296$2,066,135$1,836,126$2,811,854
51$3,271,346$2,099,336$1,829,596$2,975,993
52$3,534,840$2,132,019$1,820,704$3,154,482
53$3,822,999$2,164,094$1,809,303$3,348,761
54$4,138,270$2,195,460$1,795,240$3,560,418
55$4,483,346$2,226,010$1,778,353$3,791,204
56$4,861,194$2,255,631$1,758,475$4,043,054
57$5,275,080$2,284,201$1,735,427$4,318,096
58$5,728,600$2,311,589$1,709,026$4,618,680
59$6,225,716$2,337,656$1,679,078$4,947,398
60$6,770,792$2,362,254$1,645,379$5,307,107
61$7,368,632$2,385,223$1,607,719$5,700,957
62$8,024,528$2,406,395$1,565,874$6,132,423
63$8,744,312$2,425,591$1,519,612$6,605,336
64$9,534,404$2,442,617$1,468,691$7,123,920
65$10,401,878$2,457,269$1,412,857$7,692,834
66$11,354,525$2,469,332$1,351,844$8,317,213
67$12,400,930$2,478,572$1,285,373$9,002,721
68$13,550,548$2,484,745$1,213,156$9,755,602
69$14,813,795$2,487,589$1,134,888$10,582,741
70$16,202,148$2,486,826$1,050,253$11,491,728
71$17,728,250$2,482,163$958,919$12,490,933
72$19,406,028$2,473,286$860,540$13,589,583
73$21,250,829$2,459,864$754,754$14,797,851
74$23,279,559$2,441,543$641,184$16,126,951
75$25,510,846$2,417,950$519,436$17,589,250
76$27,965,213$2,388,690$389,097$19,198,378
77$30,665,271$2,353,342$249,738$20,969,363
78$33,635,935$2,311,462$100,910$22,918,772
79$36,904,655$2,262,578$0$25,064,867
80$40,501,676$2,206,191$0$27,445,086
81$44,460,326$2,141,773$0$30,097,617
82$48,817,323$2,068,764$0$33,016,899
83$53,613,128$1,986,572$0$36,230,061
84$58,892,323$1,894,570$0$39,766,997
85$64,704,032$1,792,095$0$43,660,653
86$71,102,383$1,678,448$0$47,947,332
87$78,147,020$1,552,885$0$52,667,041
88$85,903,663$1,414,624$0$57,863,868
89$94,444,732$1,262,836$0$63,586,396
90$103,850,026$1,096,646$0$69,888,167
91$114,207,475$915,129$0$76,828,180
92$125,613,974$717,306$0$84,471,456
93$138,176,291$502,146$0$92,889,646
94$152,012,081$268,559$0$102,161,712
95$167,250,987$15,393$0$112,374,670
96$184,035,873$0$0$123,624,412
97$202,524,164$0$0$136,047,911
98$222,889,334$0$0$149,734,860
99$245,322,545$0$0$164,811,895
100$270,034,445$0$0$181,420,616