Can I retire at age 44 with 1,760,000?

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 $1,760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.9%
1 years$145,339$144,045$142,781$141,549$140,345$138,649
2 years$71,950$70,610$69,311$68,052$66,831$65,124
3 years$47,490$46,144$44,849$43,602$42,400$40,735
4 years$35,263$33,921$32,639$31,413$30,240$28,630
5 years$27,928$26,595$25,329$24,128$22,988$21,438
6 years$23,040$21,716$20,470$19,295$18,190$16,701
7 years$19,550$18,237$17,010$15,864$14,793$13,367
8 years$16,933$15,633$14,426$13,308$12,272$10,908
9 years$14,900$13,611$12,425$11,335$10,335$9,032
10 years$13,273$11,998$10,833$9,771$8,806$7,564
11 years$11,944$10,681$9,537$8,504$7,573$6,391
12 years$10,836$9,586$8,464$7,459$6,563$5,438
13 years$9,900$8,663$7,562$6,585$5,723$4,655
14 years$9,099$7,875$6,794$5,846$5,017$4,004
15 years$8,404$7,194$6,134$5,213$4,417$3,458
16 years$7,797$6,600$5,562$4,668$3,904$2,997
17 years$7,263$6,078$5,061$4,194$3,461$2,605
18 years$6,788$5,617$4,620$3,780$3,078$2,269
19 years$6,363$5,206$4,229$3,415$2,743$1,981
20 years$5,982$4,837$3,881$3,093$2,450$1,733
21 years$5,637$4,506$3,570$2,807$2,193$1,518
22 years$5,324$4,206$3,290$2,552$1,966$1,332
23 years$5,039$3,934$3,038$2,325$1,764$1,170
24 years$4,777$3,686$2,810$2,120$1,586$1,028
25 years$4,538$3,459$2,602$1,936$1,427$905
26 years$4,316$3,251$2,414$1,770$1,285$797
27 years$4,112$3,059$2,241$1,620$1,159$702
28 years$3,923$2,883$2,084$1,485$1,046$619
29 years$3,747$2,720$1,939$1,361$944$546
30 years$3,583$2,568$1,806$1,250$853$482
31 years$3,429$2,428$1,684$1,148$771$426
32 years$3,286$2,297$1,571$1,055$698$376
33 years$3,152$2,176$1,467$970$631$332
34 years$3,026$2,062$1,370$892$572$294
35 years$2,907$1,956$1,281$821$518$260
36 years$2,795$1,856$1,199$757$469$230
37 years$2,690$1,763$1,122$697$425$203
38 years$2,590$1,676$1,051$642$386$180
39 years$2,496$1,593$984$592$350$159
40 years$2,406$1,516$923$546$317$141
41 years$2,321$1,443$865$504$288$124
42 years$2,241$1,374$811$465$261$110
43 years$2,164$1,309$761$429$237$98
44 years$2,091$1,248$715$397$215$86
45 years$2,022$1,190$671$366$195$76
46 years$1,955$1,135$630$338$177$68
47 years$1,892$1,083$592$313$161$60
48 years$1,832$1,034$557$289$146$53
49 years$1,774$988$523$267$133$47
50 years$1,718$944$492$247$121$42

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,760,000, adding $2,698 every year, while hoping to spend $57,313 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: 35/42/23 Blend
43$1,760,000$1,760,000$1,760,000$1,760,000
44$1,942,303$1,849,023$1,821,743$1,996,648
45$2,079,437$1,878,645$1,821,791$2,066,683
46$2,228,638$1,907,797$1,819,919$2,136,752
47$2,391,077$1,936,396$1,816,004$2,211,200
48$2,568,040$1,964,353$1,809,913$2,290,455
49$2,760,945$1,991,571$1,801,510$2,374,988
50$2,971,352$2,017,948$1,790,652$2,465,321
51$3,200,977$2,043,375$1,777,186$2,562,033
52$3,451,711$2,067,734$1,760,955$2,665,763
53$3,725,632$2,090,900$1,741,794$2,777,219
54$4,025,032$2,112,740$1,719,530$2,897,185
55$4,352,431$2,133,110$1,693,980$3,026,526
56$4,710,605$2,151,859$1,664,954$3,166,203
57$5,102,612$2,168,824$1,632,255$3,317,274
58$5,531,816$2,183,834$1,595,673$3,480,914
59$6,001,924$2,196,705$1,554,991$3,658,419
60$6,517,018$2,207,241$1,509,981$3,851,223
61$7,081,592$2,215,235$1,460,404$4,060,913
62$7,700,599$2,220,465$1,406,011$4,289,240
63$8,379,489$2,222,697$1,346,542$4,538,144
64$9,124,269$2,221,682$1,281,724$4,809,765
65$9,941,554$2,217,154$1,211,271$5,106,472
66$10,838,630$2,208,832$1,134,886$5,430,879
67$11,823,524$2,196,419$1,052,259$5,785,878
68$12,905,077$2,179,596$963,062$6,174,662
69$14,093,028$2,158,030$866,958$6,600,759
70$15,398,106$2,131,362$763,591$7,068,067
71$16,832,132$2,099,218$652,589$7,580,889
72$18,408,125$2,061,196$533,567$8,143,982
73$20,140,432$2,016,873$406,120$8,762,594
74$22,044,857$1,965,800$269,826$9,442,524
75$24,138,812$1,907,503$124,244$10,190,174
76$26,441,479$1,841,480$0$11,012,613
77$28,973,994$1,767,196$0$11,925,281
78$31,759,644$1,684,091$0$12,962,192
79$34,824,084$1,591,568$0$14,102,454
80$38,195,583$1,488,998$0$15,356,693
81$41,905,288$1,375,714$0$16,736,627
82$45,987,516$1,251,013$0$18,255,183
83$50,480,080$1,114,150$0$19,926,614
84$55,424,643$964,338$0$21,766,644
85$60,867,113$800,747$0$23,792,611
86$66,858,073$622,498$0$26,023,637
87$73,453,260$428,664$0$28,480,811
88$80,714,090$218,266$0$31,187,389
89$88,708,235$0$0$34,169,013
90$97,510,264$0$0$37,458,462
91$107,202,345$0$0$41,191,933
92$117,875,018$0$0$45,303,468
93$129,628,051$0$0$49,831,544
94$142,571,382$0$0$54,818,558
95$156,826,153$0$0$60,311,230
96$172,525,854$0$0$66,361,041
97$189,817,582$0$0$73,024,722
98$208,863,431$0$0$80,364,786
99$229,842,016$0$0$88,450,121
100$252,950,165$0$0$97,356,635