Can I retire at age 44 with 1,090,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,090,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$90,011$89,209$88,427$87,664$86,918$83,701
2 years$44,560$43,730$42,926$42,146$41,390$38,185
3 years$29,412$28,578$27,776$27,003$26,259$23,168
4 years$21,839$21,008$20,214$19,454$18,728$15,773
5 years$17,296$16,470$15,687$14,943$14,237$11,426
6 years$14,269$13,449$12,677$11,950$11,265$8,601
7 years$12,108$11,295$10,535$9,825$9,162$6,643
8 years$10,487$9,682$8,934$8,242$7,600$5,225
9 years$9,228$8,430$7,695$7,020$6,401$4,165
10 years$8,220$7,430$6,709$6,051$5,454$3,354
11 years$7,397$6,615$5,906$5,267$4,690$2,722
12 years$6,711$5,937$5,242$4,619$4,065$2,223
13 years$6,131$5,365$4,683$4,078$3,544$1,824
14 years$5,635$4,877$4,208$3,620$3,107$1,503
15 years$5,205$4,455$3,799$3,229$2,736$1,242
16 years$4,829$4,088$3,444$2,891$2,418$1,029
17 years$4,498$3,765$3,134$2,597$2,144$855
18 years$4,204$3,479$2,861$2,341$1,906$711
19 years$3,941$3,224$2,619$2,115$1,699$592
20 years$3,705$2,996$2,404$1,916$1,518$494
21 years$3,491$2,790$2,211$1,739$1,358$412
22 years$3,297$2,605$2,038$1,581$1,217$344
23 years$3,121$2,436$1,882$1,440$1,093$288
24 years$2,959$2,283$1,740$1,313$982$241
25 years$2,810$2,142$1,612$1,199$884$202
26 years$2,673$2,013$1,495$1,096$796$169
27 years$2,547$1,895$1,388$1,004$718$141
28 years$2,429$1,785$1,290$919$648$118
29 years$2,320$1,684$1,201$843$585$99
30 years$2,219$1,591$1,119$774$528$83
31 years$2,124$1,504$1,043$711$478$70
32 years$2,035$1,423$973$653$432$58
33 years$1,952$1,347$908$601$391$49
34 years$1,874$1,277$849$553$354$41
35 years$1,800$1,211$794$509$321$34
36 years$1,731$1,150$742$469$291$29
37 years$1,666$1,092$695$432$263$24
38 years$1,604$1,038$651$398$239$20
39 years$1,546$987$610$367$217$17
40 years$1,490$939$571$338$196$14
41 years$1,438$894$536$312$178$12
42 years$1,388$851$503$288$162$10
43 years$1,340$811$472$266$147$8
44 years$1,295$773$443$246$133$7
45 years$1,252$737$416$227$121$6
46 years$1,211$703$390$210$110$5
47 years$1,172$671$367$194$100$4
48 years$1,134$641$345$179$91$4
49 years$1,098$612$324$165$82$3
50 years$1,064$584$305$153$75$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,090,000, adding $2,824 every year, while hoping to spend $31,704 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: 35/43/22 Blend
43$1,090,000$1,090,000$1,090,000$1,090,000
44$1,204,093$1,146,323$1,129,428$1,238,102
45$1,293,178$1,168,760$1,133,531$1,285,866
46$1,390,286$1,191,234$1,136,709$1,334,249
47$1,496,204$1,213,713$1,138,897$1,385,808
48$1,611,795$1,236,163$1,140,028$1,440,848
49$1,738,010$1,258,546$1,140,031$1,499,701
50$1,875,896$1,280,824$1,138,831$1,562,737
51$2,026,605$1,302,953$1,136,350$1,630,362
52$2,191,407$1,324,885$1,132,505$1,703,028
53$2,371,698$1,346,573$1,127,212$1,781,230
54$2,569,017$1,367,961$1,120,380$1,865,517
55$2,785,059$1,388,992$1,111,914$1,956,496
56$3,021,687$1,409,605$1,101,716$2,054,836
57$3,280,957$1,429,734$1,089,681$2,161,275
58$3,565,131$1,449,307$1,075,701$2,276,630
59$3,876,700$1,468,249$1,059,663$2,401,802
60$4,218,409$1,486,478$1,041,448$2,537,785
61$4,593,280$1,503,909$1,020,930$2,685,679
62$5,004,643$1,520,449$997,979$2,846,696
63$5,456,165$1,535,999$972,459$3,022,175
64$5,951,884$1,550,454$944,228$3,213,595
65$6,496,252$1,563,702$913,135$3,422,586
66$7,094,169$1,575,623$879,025$3,650,951
67$7,751,036$1,586,090$841,733$3,900,678
68$8,472,801$1,594,968$801,091$4,173,961
69$9,266,018$1,602,112$756,918$4,473,223
70$10,137,906$1,607,370$709,029$4,801,137
71$11,096,419$1,610,578$657,229$5,160,652
72$12,150,321$1,611,563$601,313$5,555,026
73$13,309,266$1,610,142$541,069$5,987,849
74$14,583,891$1,606,119$476,274$6,463,087
75$15,985,915$1,599,286$406,697$6,985,114
76$17,528,252$1,589,425$332,095$7,558,756
77$19,225,128$1,576,301$252,215$8,189,337
78$21,092,219$1,559,668$166,792$8,882,733
79$23,146,796$1,539,262$75,550$9,645,423
80$25,407,890$1,514,806$0$10,484,557
81$27,896,470$1,486,006$0$11,413,144
82$30,635,639$1,452,550$0$12,454,021
83$33,650,855$1,414,107$0$13,599,103
84$36,970,171$1,370,326$0$14,859,052
85$40,624,496$1,320,839$0$16,245,621
86$44,647,887$1,265,253$0$17,771,770
87$49,077,875$1,203,154$0$19,451,787
88$53,955,812$1,134,103$0$21,301,422
89$59,327,267$1,057,636$0$23,338,042
90$65,242,451$973,263$0$25,580,792
91$71,756,694$880,466$0$28,050,777
92$78,930,964$778,696$0$30,771,265
93$86,832,445$667,374$0$33,767,907
94$95,535,169$545,890$0$37,068,981
95$105,120,713$413,595$0$40,705,659
96$115,678,973$269,809$0$44,712,304
97$127,309,008$113,809$0$49,126,798
98$140,119,976$0$0$53,990,899
99$154,232,164$0$0$59,376,742
100$169,778,124$0$0$65,369,334