Can I retire at age 44 with 1,780,000?

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 $1,780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17%
1 years$146,991$145,681$144,404$143,157$141,940$137,894
2 years$72,768$71,412$70,099$68,826$67,590$63,545
3 years$48,030$46,669$45,359$44,097$42,882$38,965
4 years$35,663$34,307$33,010$31,770$30,584$26,825
5 years$28,246$26,897$25,617$24,402$23,249$19,659
6 years$23,302$21,963$20,702$19,515$18,396$14,977
7 years$19,772$18,445$17,204$16,044$14,961$11,714
8 years$17,126$15,810$14,590$13,459$12,412$9,334
9 years$15,069$13,766$12,566$11,464$10,453$7,541
10 years$13,424$12,134$10,956$9,882$8,906$6,158
11 years$12,079$10,802$9,645$8,600$7,660$5,070
12 years$10,960$9,695$8,560$7,544$6,638$4,201
13 years$10,013$8,762$7,648$6,660$5,788$3,499
14 years$9,202$7,964$6,871$5,912$5,074$2,928
15 years$8,500$7,275$6,204$5,272$4,467$2,458
16 years$7,886$6,675$5,625$4,721$3,948$2,069
17 years$7,345$6,148$5,118$4,242$3,501$1,746
18 years$6,865$5,681$4,672$3,823$3,113$1,476
19 years$6,436$5,265$4,277$3,454$2,774$1,250
20 years$6,050$4,892$3,926$3,128$2,478$1,060
21 years$5,701$4,557$3,611$2,839$2,218$900
22 years$5,384$4,254$3,328$2,581$1,988$765
23 years$5,096$3,978$3,073$2,351$1,784$651
24 years$4,832$3,728$2,842$2,144$1,604$554
25 years$4,589$3,498$2,632$1,958$1,443$472
26 years$4,366$3,288$2,441$1,790$1,300$402
27 years$4,159$3,094$2,267$1,639$1,172$343
28 years$3,967$2,916$2,107$1,502$1,058$293
29 years$3,789$2,750$1,961$1,377$955$250
30 years$3,623$2,598$1,827$1,264$863$213
31 years$3,468$2,456$1,703$1,161$780$182
32 years$3,324$2,323$1,589$1,067$706$155
33 years$3,188$2,200$1,483$981$639$133
34 years$3,060$2,085$1,386$902$578$113
35 years$2,940$1,978$1,296$831$524$97
36 years$2,827$1,877$1,212$765$475$83
37 years$2,720$1,783$1,135$705$430$71
38 years$2,619$1,695$1,063$650$390$60
39 years$2,524$1,611$995$599$354$51
40 years$2,434$1,533$933$553$321$44
41 years$2,348$1,459$875$510$291$38
42 years$2,266$1,390$821$471$264$32
43 years$2,189$1,324$770$434$240$27
44 years$2,115$1,262$723$401$217$23
45 years$2,045$1,204$679$370$197$20
46 years$1,978$1,148$638$342$179$17
47 years$1,914$1,096$599$316$163$15
48 years$1,852$1,046$563$292$148$13
49 years$1,794$999$529$270$134$11
50 years$1,738$954$497$250$122$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,780,000, adding $4,956 every year, while hoping to spend $46,382 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: 60/13/27 Blend
43$1,780,000$1,780,000$1,780,000$1,780,000
44$1,966,672$1,872,332$1,844,742$2,070,068
45$2,117,923$1,914,726$1,857,191$2,183,502
46$2,283,046$1,957,643$1,868,502$2,301,810
47$2,463,409$2,001,060$1,878,589$2,429,924
48$2,660,514$2,044,949$1,887,359$2,568,810
49$2,876,018$2,089,284$1,894,718$2,719,531
50$3,111,744$2,134,031$1,900,563$2,883,261
51$3,369,699$2,179,155$1,904,788$3,061,292
52$3,652,092$2,224,618$1,907,283$3,255,050
53$3,961,358$2,270,377$1,907,930$3,466,105
54$4,300,177$2,316,385$1,906,606$3,696,190
55$4,671,501$2,362,594$1,903,182$3,947,213
56$5,078,580$2,408,946$1,897,525$4,221,278
57$5,524,994$2,455,384$1,889,491$4,520,705
58$6,014,687$2,501,841$1,878,932$4,848,052
59$6,552,002$2,548,249$1,865,694$5,206,138
60$7,141,724$2,594,530$1,849,612$5,598,069
61$7,789,121$2,640,604$1,830,516$6,027,273
62$8,500,001$2,686,383$1,808,227$6,497,525
63$9,280,756$2,731,770$1,782,557$7,012,988
64$10,138,431$2,776,665$1,753,311$7,578,253
65$11,080,787$2,820,958$1,720,283$8,198,377
66$12,116,372$2,864,530$1,683,258$8,878,938
67$13,254,606$2,907,256$1,642,011$9,626,083
68$14,505,864$2,949,000$1,596,306$10,446,590
69$15,881,578$2,989,616$1,545,899$11,347,928
70$17,394,343$3,028,951$1,490,530$12,338,332
71$19,058,033$3,066,838$1,429,930$13,426,880
72$20,887,939$3,103,099$1,363,819$14,623,577
73$22,900,904$3,137,546$1,291,902$15,939,454
74$25,115,486$3,169,976$1,213,871$17,386,668
75$27,552,135$3,200,173$1,129,405$18,978,621
76$30,233,380$3,227,909$1,038,167$20,730,085
77$33,184,046$3,252,938$939,807$22,657,344
78$36,431,487$3,275,000$833,959$24,778,344
79$40,005,840$3,293,817$720,238$27,112,871
80$43,940,315$3,309,093$598,245$29,682,730
81$48,271,504$3,320,516$467,563$32,511,956
82$53,039,727$3,327,750$327,756$35,627,043
83$58,289,410$3,330,441$178,367$39,057,189
84$64,069,510$3,328,213$18,923$42,834,582
85$70,433,969$3,320,665$0$46,994,696
86$77,442,229$3,307,372$0$51,620,199
87$85,159,786$3,287,883$0$56,719,268
88$93,658,816$3,261,721$0$62,334,101
89$103,018,848$3,228,378$0$68,517,213
90$113,327,518$3,187,316$0$75,326,474
91$124,681,396$3,137,965$0$82,825,658
92$137,186,895$3,079,723$0$91,085,041
93$150,961,278$3,011,948$0$100,182,069
94$166,133,758$2,933,964$0$110,202,084
95$182,846,727$2,845,054$0$121,239,135
96$201,257,089$2,744,457$0$133,396,865
97$221,537,748$2,631,371$0$146,789,484
98$243,879,235$2,504,946$0$161,542,857
99$268,491,511$2,364,282$0$177,795,683
100$295,605,941$2,208,428$0$195,700,811