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

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 $1,090,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$90,011$89,209$88,427$87,664$86,918$85,268
2 years$44,560$43,730$42,926$42,146$41,390$39,733
3 years$29,412$28,578$27,776$27,003$26,259$24,649
4 years$21,839$21,008$20,214$19,454$18,728$17,176
5 years$17,296$16,470$15,687$14,943$14,237$12,747
6 years$14,269$13,449$12,677$11,950$11,265$9,840
7 years$12,108$11,295$10,535$9,825$9,162$7,801
8 years$10,487$9,682$8,934$8,242$7,600$6,304
9 years$9,228$8,430$7,695$7,020$6,401$5,167
10 years$8,220$7,430$6,709$6,051$5,454$4,282
11 years$7,397$6,615$5,906$5,267$4,690$3,580
12 years$6,711$5,937$5,242$4,619$4,065$3,013
13 years$6,131$5,365$4,683$4,078$3,544$2,551
14 years$5,635$4,877$4,208$3,620$3,107$2,169
15 years$5,205$4,455$3,799$3,229$2,736$1,852
16 years$4,829$4,088$3,444$2,891$2,418$1,586
17 years$4,498$3,765$3,134$2,597$2,144$1,362
18 years$4,204$3,479$2,861$2,341$1,906$1,172
19 years$3,941$3,224$2,619$2,115$1,699$1,010
20 years$3,705$2,996$2,404$1,916$1,518$873
21 years$3,491$2,790$2,211$1,739$1,358$755
22 years$3,297$2,605$2,038$1,581$1,217$654
23 years$3,121$2,436$1,882$1,440$1,093$567
24 years$2,959$2,283$1,740$1,313$982$492
25 years$2,810$2,142$1,612$1,199$884$427
26 years$2,673$2,013$1,495$1,096$796$371
27 years$2,547$1,895$1,388$1,004$718$322
28 years$2,429$1,785$1,290$919$648$280
29 years$2,320$1,684$1,201$843$585$244
30 years$2,219$1,591$1,119$774$528$212
31 years$2,124$1,504$1,043$711$478$185
32 years$2,035$1,423$973$653$432$161
33 years$1,952$1,347$908$601$391$140
34 years$1,874$1,277$849$553$354$122
35 years$1,800$1,211$794$509$321$107
36 years$1,731$1,150$742$469$291$93
37 years$1,666$1,092$695$432$263$81
38 years$1,604$1,038$651$398$239$71
39 years$1,546$987$610$367$217$62
40 years$1,490$939$571$338$196$54
41 years$1,438$894$536$312$178$47
42 years$1,388$851$503$288$162$41
43 years$1,340$811$472$266$147$36
44 years$1,295$773$443$246$133$31
45 years$1,252$737$416$227$121$27
46 years$1,211$703$390$210$110$24
47 years$1,172$671$367$194$100$21
48 years$1,134$641$345$179$91$18
49 years$1,098$612$324$165$82$16
50 years$1,064$584$305$153$75$14

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 $2,525 every year, while hoping to spend $22,691 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: 50/37/13 Blend
43$1,090,000$1,090,000$1,090,000$1,090,000
44$1,203,785$1,146,015$1,129,120$1,259,599
45$1,302,428$1,178,026$1,142,802$1,330,180
46$1,410,372$1,210,846$1,156,182$1,404,249
47$1,528,541$1,244,489$1,169,226$1,484,229
48$1,657,955$1,278,972$1,181,898$1,570,682
49$1,799,735$1,314,310$1,194,160$1,664,227
50$1,955,115$1,350,518$1,205,972$1,765,545
51$2,125,456$1,387,613$1,217,291$1,875,387
52$2,312,256$1,425,609$1,228,073$1,994,577
53$2,517,164$1,464,522$1,238,272$2,124,024
54$2,741,998$1,504,367$1,247,837$2,264,730
55$2,988,760$1,545,159$1,256,718$2,417,795
56$3,259,655$1,586,913$1,264,859$2,584,434
57$3,557,111$1,629,643$1,272,203$2,765,983
58$3,883,804$1,673,364$1,278,690$2,963,912
59$4,242,682$1,718,088$1,284,256$3,179,845
60$4,636,992$1,763,831$1,288,834$3,415,564
61$5,070,310$1,810,603$1,292,355$3,673,038
62$5,546,577$1,858,418$1,294,745$3,954,433
63$6,070,135$1,907,288$1,295,926$4,262,135
64$6,645,767$1,957,223$1,295,818$4,598,772
65$7,278,742$2,008,234$1,294,335$4,967,242
66$7,974,867$2,060,331$1,291,388$5,370,735
67$8,740,538$2,113,522$1,286,884$5,812,767
68$9,582,803$2,167,814$1,280,724$6,297,210
69$10,509,426$2,223,215$1,272,806$6,828,333
70$11,528,964$2,279,729$1,263,022$7,410,836
71$12,650,844$2,337,361$1,251,259$8,049,902
72$13,885,453$2,396,114$1,237,398$8,751,238
73$15,244,234$2,455,989$1,221,316$9,521,134
74$16,739,799$2,516,985$1,202,883$10,366,521
75$18,386,042$2,579,101$1,181,963$11,295,037
76$20,198,273$2,642,332$1,158,414$12,315,096
77$22,193,363$2,706,672$1,132,087$13,435,972
78$24,389,900$2,772,113$1,102,826$14,667,883
79$26,808,368$2,838,645$1,070,469$16,022,090
80$29,471,337$2,906,253$1,034,845$17,511,000
81$32,403,676$2,974,923$995,775$19,148,288
82$35,632,792$3,044,635$953,074$20,949,022
83$39,188,881$3,115,366$906,547$22,929,805
84$43,105,220$3,187,093$855,989$25,108,936
85$47,418,476$3,259,784$801,189$27,506,579
86$52,169,056$3,333,408$741,923$30,144,954
87$57,401,481$3,407,927$677,960$33,048,549
88$63,164,817$3,483,300$609,056$36,244,350
89$69,513,127$3,559,481$534,958$39,762,093
90$76,505,988$3,636,417$455,401$43,634,550
91$84,209,050$3,714,053$370,108$47,897,836
92$92,694,657$3,792,325$278,791$52,591,750
93$102,042,529$3,871,166$181,147$57,760,149
94$112,340,513$3,950,500$76,862$63,451,367
95$123,685,416$4,030,245$0$69,718,668
96$136,183,914$4,110,313$0$76,625,525
97$149,953,560$4,190,604$0$84,243,539
98$165,123,895$4,271,016$0$92,633,371
99$181,837,668$4,351,432$0$101,873,632
100$200,252,187$4,431,729$0$112,050,951