Can I retire at age 44 with 1,470,000?

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 $1,470,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.8%
1 years$121,391$120,310$119,255$118,225$117,220$113,970
2 years$60,095$58,975$57,891$56,839$55,819$52,569
3 years$39,665$38,541$37,459$36,417$35,414$32,266
4 years$29,452$28,332$27,261$26,237$25,257$22,235
5 years$23,326$22,212$21,155$20,152$19,200$16,312
6 years$19,244$18,138$17,097$16,116$15,193$12,441
7 years$16,329$15,232$14,207$13,250$12,356$9,741
8 years$14,143$13,057$12,049$11,115$10,250$7,772
9 years$12,444$11,368$10,378$9,467$8,632$6,287
10 years$11,086$10,021$9,048$8,161$7,355$5,140
11 years$9,976$8,921$7,965$7,103$6,326$4,237
12 years$9,051$8,007$7,069$6,230$5,482$3,516
13 years$8,269$7,236$6,316$5,500$4,780$2,932
14 years$7,599$6,577$5,675$4,882$4,190$2,457
15 years$7,020$6,008$5,124$4,354$3,689$2,065
16 years$6,513$5,513$4,645$3,899$3,261$1,741
17 years$6,066$5,077$4,227$3,503$2,891$1,471
18 years$5,669$4,691$3,859$3,157$2,571$1,246
19 years$5,315$4,348$3,532$2,852$2,291$1,057
20 years$4,996$4,040$3,242$2,583$2,047$898
21 years$4,708$3,763$2,982$2,345$1,831$763
22 years$4,447$3,513$2,748$2,132$1,642$650
23 years$4,208$3,286$2,538$1,942$1,474$554
24 years$3,990$3,078$2,347$1,771$1,325$472
25 years$3,790$2,889$2,174$1,617$1,192$403
26 years$3,605$2,715$2,016$1,479$1,074$344
27 years$3,435$2,555$1,872$1,353$968$294
28 years$3,276$2,408$1,740$1,240$873$251
29 years$3,129$2,271$1,619$1,137$789$214
30 years$2,992$2,145$1,508$1,044$713$183
31 years$2,864$2,028$1,406$958$644$157
32 years$2,745$1,919$1,312$881$583$134
33 years$2,633$1,817$1,225$810$527$115
34 years$2,527$1,722$1,145$745$478$98
35 years$2,428$1,633$1,070$686$433$84
36 years$2,335$1,550$1,001$632$392$72
37 years$2,247$1,473$937$582$355$61
38 years$2,163$1,399$877$537$322$53
39 years$2,084$1,331$822$495$292$45
40 years$2,010$1,266$771$456$265$38
41 years$1,939$1,205$723$421$240$33
42 years$1,872$1,148$678$389$218$28
43 years$1,808$1,094$636$359$198$24
44 years$1,747$1,042$597$331$180$21
45 years$1,689$994$561$306$163$18
46 years$1,633$948$526$283$148$15
47 years$1,580$905$495$261$134$13
48 years$1,530$864$465$241$122$11
49 years$1,481$825$437$223$111$9
50 years$1,435$788$411$206$101$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,470,000, adding $3,849 every year, while hoping to spend $28,497 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: 73/12/15 Blend
43$1,470,000$1,470,000$1,470,000$1,470,000
44$1,623,910$1,546,000$1,523,215$1,736,779
45$1,759,229$1,591,434$1,543,922$1,857,494
46$1,907,394$1,638,138$1,564,368$1,985,817
47$2,069,687$1,686,146$1,584,514$2,125,626
48$2,247,518$1,735,490$1,604,318$2,278,052
49$2,442,440$1,786,204$1,623,737$2,444,343
50$2,656,162$1,838,321$1,642,726$2,625,870
51$2,890,569$1,891,877$1,661,235$2,824,147
52$3,147,735$1,946,907$1,679,214$3,040,839
53$3,429,945$2,003,446$1,696,609$3,277,781
54$3,739,716$2,061,532$1,713,362$3,536,993
55$4,079,821$2,121,202$1,729,414$3,820,702
56$4,453,315$2,182,492$1,744,701$4,131,359
57$4,863,562$2,245,443$1,759,157$4,471,666
58$5,314,268$2,310,093$1,772,712$4,844,599
59$5,809,517$2,376,481$1,785,291$5,253,436
60$6,353,807$2,444,647$1,796,818$5,701,789
61$6,952,093$2,514,633$1,807,209$6,193,637
62$7,609,836$2,586,479$1,816,380$6,733,364
63$8,333,050$2,660,228$1,824,240$7,325,801
64$9,128,364$2,735,921$1,830,694$7,976,270
65$10,003,077$2,813,602$1,835,643$8,690,635
66$10,965,235$2,893,313$1,838,981$9,475,356
67$12,023,702$2,975,098$1,840,600$10,337,552
68$13,188,242$3,059,000$1,840,383$11,285,068
69$14,469,617$3,145,065$1,838,209$12,326,546
70$15,879,681$3,233,337$1,833,952$13,471,509
71$17,431,498$3,323,859$1,827,479$14,730,452
72$19,139,461$3,416,679$1,818,650$16,114,938
73$21,019,429$3,511,840$1,807,318$17,637,708
74$23,088,879$3,609,387$1,793,331$19,312,803
75$25,367,064$3,709,367$1,776,528$21,155,693
76$27,875,203$3,811,824$1,756,739$23,183,426
77$30,636,673$3,916,804$1,733,790$25,414,789
78$33,677,238$4,024,350$1,707,495$27,870,483
79$37,025,281$4,134,509$1,677,662$30,573,319
80$40,712,084$4,247,324$1,644,088$33,548,434
81$44,772,112$4,362,839$1,606,560$36,823,530
82$49,243,347$4,481,097$1,564,859$40,429,130
83$54,167,638$4,602,140$1,518,752$44,398,871
84$59,591,103$4,726,012$1,467,996$48,769,822
85$65,564,561$4,852,751$1,412,339$53,582,828
86$72,144,009$4,982,398$1,351,515$58,882,903
87$79,391,154$5,114,992$1,285,247$64,719,650
88$87,373,994$5,250,569$1,213,245$71,147,730
89$96,167,460$5,389,166$1,135,207$78,227,380
90$105,854,120$5,530,815$1,050,817$86,024,978
91$116,524,964$5,675,548$959,743$94,613,674
92$128,280,256$5,823,396$861,640$104,074,079
93$141,230,485$5,974,385$756,148$114,495,023
94$155,497,406$6,128,540$642,889$125,974,398
95$171,215,186$6,285,884$521,471$138,620,080
96$188,531,677$6,446,434$391,482$152,550,947
97$207,609,805$6,610,207$252,494$167,898,004
98$228,629,111$6,777,212$104,058$184,805,615
99$251,787,444$6,947,460$0$203,432,872
100$277,302,829$7,120,951$0$223,963,790