Can I retire at age 44 with 1,710,000?

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 $1,710,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$141,210$139,952$138,725$137,527$136,358$132,846
2 years$69,906$68,604$67,342$66,119$64,932$61,417
3 years$46,141$44,834$43,575$42,363$41,196$37,788
4 years$34,261$32,957$31,711$30,520$29,381$26,107
5 years$27,135$25,839$24,609$23,442$22,335$19,203
6 years$22,385$21,099$19,888$18,747$17,673$14,686
7 years$18,994$17,719$16,527$15,413$14,373$11,532
8 years$16,452$15,189$14,016$12,930$11,924$9,227
9 years$14,476$13,225$12,072$11,013$10,041$7,486
10 years$12,896$11,657$10,525$9,493$8,556$6,140
11 years$11,604$10,377$9,266$8,262$7,358$5,077
12 years$10,529$9,314$8,223$7,247$6,377$4,227
13 years$9,619$8,417$7,347$6,398$5,560$3,538
14 years$8,840$7,651$6,601$5,679$4,874$2,974
15 years$8,166$6,989$5,960$5,065$4,292$2,509
16 years$7,576$6,413$5,404$4,535$3,793$2,123
17 years$7,056$5,906$4,917$4,075$3,363$1,800
18 years$6,595$5,457$4,489$3,672$2,990$1,530
19 years$6,182$5,058$4,109$3,318$2,665$1,303
20 years$5,812$4,700$3,771$3,005$2,381$1,111
21 years$5,477$4,378$3,469$2,727$2,131$948
22 years$5,173$4,086$3,197$2,480$1,910$810
23 years$4,895$3,822$2,952$2,258$1,714$693
24 years$4,642$3,581$2,730$2,060$1,541$593
25 years$4,409$3,361$2,529$1,881$1,386$508
26 years$4,194$3,158$2,345$1,720$1,249$436
27 years$3,995$2,972$2,178$1,574$1,126$374
28 years$3,811$2,801$2,024$1,443$1,016$320
29 years$3,640$2,642$1,884$1,323$917$275
30 years$3,481$2,495$1,755$1,214$829$236
31 years$3,332$2,359$1,636$1,115$749$203
32 years$3,193$2,232$1,526$1,025$678$174
33 years$3,062$2,114$1,425$942$614$149
34 years$2,940$2,003$1,332$867$555$128
35 years$2,825$1,900$1,245$798$503$110
36 years$2,716$1,804$1,165$735$456$95
37 years$2,613$1,713$1,090$677$413$81
38 years$2,516$1,628$1,021$624$375$70
39 years$2,425$1,548$956$576$340$60
40 years$2,338$1,473$896$531$308$52
41 years$2,255$1,402$841$490$280$44
42 years$2,177$1,335$788$452$254$38
43 years$2,103$1,272$740$417$230$33
44 years$2,032$1,213$694$385$209$28
45 years$1,964$1,156$652$356$190$24
46 years$1,900$1,103$612$329$172$21
47 years$1,838$1,053$575$304$156$18
48 years$1,780$1,005$541$281$142$15
49 years$1,723$960$508$259$129$13
50 years$1,670$917$478$240$117$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,710,000, adding $2,662 every year, while hoping to spend $58,197 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: 50/22/28 Blend
43$1,710,000$1,710,000$1,710,000$1,710,000
44$1,887,166$1,796,536$1,770,031$1,966,449
45$2,017,736$1,822,645$1,767,406$2,048,261
46$2,159,673$1,848,083$1,762,742$2,131,128
47$2,314,076$1,872,755$1,755,910$2,220,064
48$2,482,153$1,896,561$1,746,774$2,315,672
49$2,665,233$1,919,393$1,735,192$2,418,619
50$2,864,779$1,941,136$1,721,013$2,529,640
51$3,082,401$1,961,666$1,704,081$2,649,550
52$3,319,870$1,980,852$1,684,233$2,779,248
53$3,579,139$1,998,556$1,661,296$2,919,725
54$3,862,353$2,014,627$1,635,092$3,072,080
55$4,171,876$2,028,907$1,605,430$3,237,523
56$4,510,311$2,041,227$1,572,116$3,417,392
57$4,880,523$2,051,407$1,534,942$3,613,166
58$5,285,666$2,059,256$1,493,692$3,826,476
59$5,729,215$2,064,570$1,448,142$4,059,124
60$6,214,994$2,067,134$1,398,055$4,313,101
61$6,747,218$2,066,718$1,343,183$4,590,602
62$7,330,524$2,063,077$1,283,270$4,894,054
63$7,970,023$2,055,953$1,218,045$5,226,134
64$8,671,342$2,045,072$1,147,227$5,589,799
65$9,440,680$2,030,141$1,070,519$5,988,311
66$10,284,863$2,010,852$987,616$6,425,272
67$11,211,412$1,986,876$898,193$6,904,656
68$12,228,610$1,957,867$801,916$7,430,851
69$13,345,581$1,923,455$698,434$8,008,698
70$14,572,377$1,883,252$587,378$8,643,540
71$15,920,072$1,836,843$468,368$9,341,271
72$17,400,862$1,783,792$341,001$10,108,397
73$19,028,187$1,723,634$204,862$10,952,095
74$20,816,851$1,655,881$59,513$11,880,283
75$22,783,164$1,580,013$0$12,901,696
76$24,945,095$1,495,482$0$14,054,534
77$27,322,442$1,401,708$0$15,341,697
78$29,937,016$1,298,076$0$16,757,263
79$32,812,848$1,183,939$0$18,314,322
80$35,976,416$1,058,610$0$20,027,303
81$39,456,893$921,364$0$21,912,112
82$43,286,422$771,437$0$23,986,282
83$47,500,418$608,018$0$26,269,138
84$52,137,902$430,253$0$28,781,985
85$57,241,873$237,239$0$31,548,302
86$62,859,704$28,024$0$34,593,972
87$69,043,597$0$0$37,947,526
88$75,851,072$0$0$41,688,438
89$83,345,508$0$0$45,814,549
90$91,596,741$0$0$50,357,551
91$100,681,725$0$0$55,359,841
92$110,685,254$0$0$60,868,138
93$121,700,764$0$0$66,933,922
94$133,831,213$0$0$73,613,918
95$147,190,051$0$0$80,970,635
96$161,902,296$0$0$89,072,953
97$178,105,703$0$0$97,996,771
98$195,952,073$0$0$107,825,727
99$215,608,680$0$0$118,651,986
100$237,259,849$0$0$130,577,106