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%15%
1 years$90,011$89,209$88,427$87,664$86,918$85,128
2 years$44,560$43,730$42,926$42,146$41,390$39,595
3 years$29,412$28,578$27,776$27,003$26,259$24,515
4 years$21,839$21,008$20,214$19,454$18,728$17,048
5 years$17,296$16,470$15,687$14,943$14,237$12,626
6 years$14,269$13,449$12,677$11,950$11,265$9,725
7 years$12,108$11,295$10,535$9,825$9,162$7,692
8 years$10,487$9,682$8,934$8,242$7,600$6,202
9 years$9,228$8,430$7,695$7,020$6,401$5,071
10 years$8,220$7,430$6,709$6,051$5,454$4,193
11 years$7,397$6,615$5,906$5,267$4,690$3,496
12 years$6,711$5,937$5,242$4,619$4,065$2,935
13 years$6,131$5,365$4,683$4,078$3,544$2,478
14 years$5,635$4,877$4,208$3,620$3,107$2,102
15 years$5,205$4,455$3,799$3,229$2,736$1,789
16 years$4,829$4,088$3,444$2,891$2,418$1,528
17 years$4,498$3,765$3,134$2,597$2,144$1,308
18 years$4,204$3,479$2,861$2,341$1,906$1,123
19 years$3,941$3,224$2,619$2,115$1,699$965
20 years$3,705$2,996$2,404$1,916$1,518$831
21 years$3,491$2,790$2,211$1,739$1,358$717
22 years$3,297$2,605$2,038$1,581$1,217$619
23 years$3,121$2,436$1,882$1,440$1,093$534
24 years$2,959$2,283$1,740$1,313$982$462
25 years$2,810$2,142$1,612$1,199$884$400
26 years$2,673$2,013$1,495$1,096$796$346
27 years$2,547$1,895$1,388$1,004$718$300
28 years$2,429$1,785$1,290$919$648$260
29 years$2,320$1,684$1,201$843$585$226
30 years$2,219$1,591$1,119$774$528$196
31 years$2,124$1,504$1,043$711$478$170
32 years$2,035$1,423$973$653$432$148
33 years$1,952$1,347$908$601$391$128
34 years$1,874$1,277$849$553$354$111
35 years$1,800$1,211$794$509$321$97
36 years$1,731$1,150$742$469$291$84
37 years$1,666$1,092$695$432$263$73
38 years$1,604$1,038$651$398$239$63
39 years$1,546$987$610$367$217$55
40 years$1,490$939$571$338$196$48
41 years$1,438$894$536$312$178$42
42 years$1,388$851$503$288$162$36
43 years$1,340$811$472$266$147$31
44 years$1,295$773$443$246$133$27
45 years$1,252$737$416$227$121$24
46 years$1,211$703$390$210$110$21
47 years$1,172$671$367$194$100$18
48 years$1,134$641$345$179$91$16
49 years$1,098$612$324$165$82$14
50 years$1,064$584$305$153$75$12

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 $4,982 every year, while hoping to spend $33,548 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: 56/26/18 Blend
43$1,090,000$1,090,000$1,090,000$1,090,000
44$1,206,319$1,148,549$1,131,654$1,267,830
45$1,293,669$1,169,133$1,133,870$1,330,861
46$1,388,804$1,189,601$1,135,035$1,395,455
47$1,492,483$1,209,913$1,135,080$1,465,074
48$1,605,541$1,230,023$1,133,929$1,540,206
49$1,728,896$1,249,885$1,131,507$1,621,391
50$1,863,561$1,269,447$1,127,730$1,709,225
51$2,010,649$1,288,655$1,122,514$1,804,364
52$2,171,386$1,307,449$1,115,768$1,907,532
53$2,347,121$1,325,768$1,107,400$2,019,526
54$2,539,340$1,343,543$1,097,310$2,141,229
55$2,749,678$1,360,702$1,085,396$2,273,609
56$2,979,938$1,377,169$1,071,549$2,417,739
57$3,232,103$1,392,862$1,055,658$2,574,799
58$3,508,357$1,407,692$1,037,602$2,746,090
59$3,811,107$1,421,566$1,017,259$2,933,051
60$4,143,001$1,434,384$994,498$3,137,263
61$4,506,958$1,446,040$969,185$3,360,474
62$4,906,192$1,456,420$941,177$3,604,610
63$5,344,243$1,465,403$910,325$3,871,795
64$5,825,010$1,472,862$876,475$4,164,372
65$6,352,788$1,478,660$839,465$4,484,925
66$6,932,309$1,482,651$799,123$4,836,301
67$7,568,784$1,484,681$755,274$5,221,643
68$8,267,956$1,484,585$707,731$5,644,414
69$9,036,148$1,482,191$656,300$6,108,434
70$9,880,329$1,477,312$600,780$6,617,916
71$10,808,175$1,469,753$540,959$7,177,503
72$11,828,143$1,459,305$476,615$7,792,317
73$12,949,550$1,445,747$407,518$8,468,005
74$14,182,661$1,428,846$333,427$9,210,793
75$15,538,785$1,408,352$254,090$10,027,546
76$17,030,383$1,384,003$169,244$10,925,833
77$18,671,184$1,355,521$78,615$11,913,999
78$20,476,312$1,322,609$0$13,001,245
79$22,462,435$1,284,956$0$14,201,192
80$24,647,915$1,242,230$0$15,537,887
81$27,052,984$1,194,082$0$17,008,604
82$29,699,937$1,140,140$0$18,627,001
83$32,613,336$1,080,013$0$20,408,129
84$35,820,249$1,013,285$0$22,368,577
85$39,350,497$939,519$0$24,526,630
86$43,236,944$858,251$0$26,902,441
87$47,515,797$768,991$0$29,518,220
88$52,226,958$671,221$0$32,398,450
89$57,414,390$564,393$0$35,570,112
90$63,126,539$447,929$0$39,062,945
91$69,416,787$321,219$0$42,909,724
92$76,343,958$183,618$0$47,146,574
93$83,972,870$34,444$0$51,813,311
94$92,374,949$0$0$56,953,815
95$101,628,901$0$0$62,652,791
96$111,821,454$0$0$68,940,790
97$123,048,180$0$0$75,866,933
98$135,414,391$0$0$83,496,210
99$149,036,137$0$0$91,900,234
100$164,041,301$0$0$101,157,923