Can I retire at age 44 with 1,700,000?

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 $1,700,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$140,384$139,134$137,914$136,723$135,560$130,336
2 years$69,497$68,203$66,949$65,732$64,553$59,352
3 years$45,871$44,571$43,320$42,115$40,955$35,941
4 years$34,061$32,765$31,526$30,342$29,209$24,420
5 years$26,976$25,688$24,465$23,305$22,204$17,653
6 years$22,255$20,976$19,772$18,637$17,570$13,258
7 years$18,883$17,616$16,430$15,323$14,289$10,217
8 years$16,356$15,100$13,934$12,854$11,854$8,017
9 years$14,392$13,147$12,002$10,949$9,983$6,375
10 years$12,821$11,589$10,463$9,438$8,506$5,121
11 years$11,537$10,317$9,212$8,214$7,315$4,146
12 years$10,467$9,260$8,175$7,205$6,339$3,376
13 years$9,563$8,368$7,304$6,361$5,528$2,763
14 years$8,788$7,606$6,563$5,646$4,846$2,270
15 years$8,118$6,949$5,925$5,035$4,267$1,871
16 years$7,532$6,375$5,372$4,509$3,771$1,546
17 years$7,015$5,871$4,888$4,051$3,343$1,280
18 years$6,556$5,425$4,462$3,651$2,973$1,061
19 years$6,146$5,028$4,085$3,299$2,650$881
20 years$5,778$4,672$3,749$2,988$2,367$733
21 years$5,445$4,352$3,448$2,712$2,118$610
22 years$5,142$4,063$3,178$2,465$1,899$508
23 years$4,867$3,800$2,935$2,245$1,704$423
24 years$4,615$3,560$2,714$2,048$1,532$353
25 years$4,383$3,341$2,514$1,870$1,378$294
26 years$4,169$3,140$2,331$1,710$1,242$246
27 years$3,972$2,955$2,165$1,565$1,119$205
28 years$3,789$2,784$2,013$1,434$1,010$171
29 years$3,619$2,627$1,873$1,315$912$143
30 years$3,460$2,481$1,744$1,207$824$120
31 years$3,313$2,345$1,626$1,108$745$100
32 years$3,174$2,219$1,517$1,019$674$83
33 years$3,044$2,101$1,417$937$610$70
34 years$2,923$1,992$1,324$862$552$58
35 years$2,808$1,889$1,238$793$500$49
36 years$2,700$1,793$1,158$731$453$41
37 years$2,598$1,703$1,084$673$411$34
38 years$2,502$1,618$1,015$621$372$28
39 years$2,411$1,539$951$572$338$24
40 years$2,324$1,464$891$528$306$20
41 years$2,242$1,394$836$487$278$17
42 years$2,164$1,327$784$449$252$14
43 years$2,090$1,265$736$415$229$12
44 years$2,020$1,206$690$383$208$10
45 years$1,953$1,150$648$354$189$8
46 years$1,889$1,097$609$327$171$7
47 years$1,828$1,047$572$302$155$6
48 years$1,769$999$538$279$141$5
49 years$1,713$954$505$258$128$4
50 years$1,660$911$475$238$116$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,700,000, adding $2,528 every year, while hoping to spend $43,826 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: 50/44/6 Blend
43$1,700,000$1,700,000$1,700,000$1,700,000
44$1,876,008$1,785,908$1,759,558$1,966,899
45$2,020,730$1,826,787$1,771,872$2,069,945
46$2,178,745$1,868,200$1,783,131$2,176,933
47$2,351,362$1,910,127$1,793,251$2,292,138
48$2,540,024$1,952,546$1,802,148$2,416,338
49$2,746,317$1,995,431$1,809,730$2,550,390
50$2,971,989$2,038,755$1,815,904$2,695,238
51$3,218,964$2,082,486$1,820,569$2,851,924
52$3,489,362$2,126,591$1,823,621$3,021,591
53$3,785,515$2,171,032$1,824,950$3,205,502
54$4,109,993$2,215,769$1,824,442$3,405,047
55$4,465,626$2,260,755$1,821,975$3,621,756
56$4,855,531$2,305,943$1,817,422$3,857,318
57$5,283,140$2,351,279$1,810,650$4,113,590
58$5,752,234$2,396,705$1,801,520$4,392,620
59$6,266,977$2,442,159$1,789,887$4,696,666
60$6,831,957$2,487,573$1,775,596$5,028,214
61$7,452,225$2,532,873$1,758,487$5,390,004
62$8,133,348$2,577,980$1,738,393$5,785,057
63$8,881,458$2,622,809$1,715,137$6,216,699
64$9,703,307$2,667,267$1,688,535$6,688,600
65$10,606,337$2,711,256$1,658,393$7,204,802
66$11,598,745$2,754,669$1,624,511$7,769,759
67$12,689,561$2,797,392$1,586,677$8,388,382
68$13,888,735$2,839,303$1,544,668$9,066,083
69$15,207,226$2,880,269$1,498,255$9,808,825
70$16,657,112$2,920,151$1,447,196$10,623,185
71$18,251,697$2,958,798$1,391,236$11,516,406
72$20,005,639$2,996,048$1,330,111$12,496,477
73$21,935,090$3,031,730$1,263,546$13,572,199
74$24,057,844$3,065,660$1,191,250$14,753,275
75$26,393,509$3,097,642$1,112,922$16,050,400
76$28,963,687$3,127,467$1,028,245$17,475,361
77$31,792,182$3,154,911$936,889$19,041,151
78$34,905,220$3,179,738$838,511$20,762,089
79$38,331,701$3,201,693$732,749$22,653,960
80$42,103,466$3,220,508$619,228$24,734,162
81$46,255,603$3,235,896$497,555$27,021,871
82$50,826,771$3,247,551$367,320$29,538,223
83$55,859,571$3,255,150$228,094$32,306,514
84$61,400,943$3,258,349$79,431$35,352,424
85$67,502,611$3,256,780$0$38,704,254
86$74,221,571$3,250,056$0$42,398,270
87$81,620,626$3,237,764$0$46,469,542
88$89,768,982$3,219,465$0$50,950,908
89$98,742,895$3,194,697$0$55,884,172
90$108,626,399$3,162,965$0$61,315,408
91$119,512,089$3,123,747$0$67,295,397
92$131,502,002$3,076,491$0$73,880,104
93$144,708,576$3,020,609$0$81,131,213
94$159,255,712$2,955,480$0$89,116,706
95$175,279,942$2,880,446$0$97,911,508
96$192,931,718$2,794,810$0$107,598,197
97$212,376,831$2,697,834$0$118,267,784
98$233,797,978$2,588,737$0$130,020,574
99$257,396,481$2,466,695$0$142,967,115
100$283,394,191$2,330,832$0$157,229,242