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%13.6%
1 years$90,011$89,209$88,427$87,664$86,918$85,619
2 years$44,560$43,730$42,926$42,146$41,390$40,084
3 years$29,412$28,578$27,776$27,003$26,259$24,987
4 years$21,839$21,008$20,214$19,454$18,728$17,500
5 years$17,296$16,470$15,687$14,943$14,237$13,056
6 years$14,269$13,449$12,677$11,950$11,265$10,133
7 years$12,108$11,295$10,535$9,825$9,162$8,078
8 years$10,487$9,682$8,934$8,242$7,600$6,566
9 years$9,228$8,430$7,695$7,020$6,401$5,414
10 years$8,220$7,430$6,709$6,051$5,454$4,515
11 years$7,397$6,615$5,906$5,267$4,690$3,798
12 years$6,711$5,937$5,242$4,619$4,065$3,218
13 years$6,131$5,365$4,683$4,078$3,544$2,742
14 years$5,635$4,877$4,208$3,620$3,107$2,347
15 years$5,205$4,455$3,799$3,229$2,736$2,018
16 years$4,829$4,088$3,444$2,891$2,418$1,740
17 years$4,498$3,765$3,134$2,597$2,144$1,505
18 years$4,204$3,479$2,861$2,341$1,906$1,304
19 years$3,941$3,224$2,619$2,115$1,699$1,133
20 years$3,705$2,996$2,404$1,916$1,518$986
21 years$3,491$2,790$2,211$1,739$1,358$859
22 years$3,297$2,605$2,038$1,581$1,217$750
23 years$3,121$2,436$1,882$1,440$1,093$655
24 years$2,959$2,283$1,740$1,313$982$573
25 years$2,810$2,142$1,612$1,199$884$501
26 years$2,673$2,013$1,495$1,096$796$439
27 years$2,547$1,895$1,388$1,004$718$385
28 years$2,429$1,785$1,290$919$648$337
29 years$2,320$1,684$1,201$843$585$296
30 years$2,219$1,591$1,119$774$528$260
31 years$2,124$1,504$1,043$711$478$228
32 years$2,035$1,423$973$653$432$200
33 years$1,952$1,347$908$601$391$176
34 years$1,874$1,277$849$553$354$155
35 years$1,800$1,211$794$509$321$136
36 years$1,731$1,150$742$469$291$119
37 years$1,666$1,092$695$432$263$105
38 years$1,604$1,038$651$398$239$92
39 years$1,546$987$610$367$217$81
40 years$1,490$939$571$338$196$71
41 years$1,438$894$536$312$178$63
42 years$1,388$851$503$288$162$55
43 years$1,340$811$472$266$147$49
44 years$1,295$773$443$246$133$43
45 years$1,252$737$416$227$121$38
46 years$1,211$703$390$210$110$33
47 years$1,172$671$367$194$100$29
48 years$1,134$641$345$179$91$26
49 years$1,098$612$324$165$82$23
50 years$1,064$584$305$153$75$20

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 $6,811 every year, while hoping to spend $29,423 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: 38/37/25 Blend
43$1,090,000$1,090,000$1,090,000$1,090,000
44$1,208,206$1,150,436$1,133,541$1,244,887
45$1,300,137$1,175,501$1,140,208$1,297,337
46$1,400,459$1,200,809$1,146,113$1,350,760
47$1,509,996$1,226,339$1,151,199$1,407,920
48$1,629,657$1,252,071$1,155,406$1,469,172
49$1,760,442$1,277,982$1,158,671$1,534,910
50$1,903,450$1,304,046$1,160,929$1,605,569
51$2,059,893$1,330,236$1,162,112$1,681,627
52$2,231,106$1,356,521$1,162,146$1,763,612
53$2,418,557$1,382,869$1,160,956$1,852,108
54$2,623,864$1,409,244$1,158,463$1,947,758
55$2,848,809$1,435,607$1,154,582$2,051,271
56$3,095,354$1,461,918$1,149,227$2,163,430
57$3,365,659$1,488,131$1,142,305$2,285,099
58$3,662,104$1,514,198$1,133,721$2,417,231
59$3,987,311$1,540,066$1,123,373$2,560,878
60$4,344,167$1,565,680$1,111,156$2,717,199
61$4,735,852$1,590,978$1,096,959$2,887,474
62$5,165,869$1,615,896$1,080,668$3,073,116
63$5,638,077$1,640,364$1,062,159$3,275,682
64$6,156,727$1,664,308$1,041,308$3,496,890
65$6,726,501$1,687,647$1,017,980$3,738,636
66$7,352,559$1,710,297$992,037$4,003,012
67$8,040,584$1,732,165$963,333$4,292,323
68$8,796,835$1,753,153$931,717$4,609,116
69$9,628,212$1,773,157$897,030$4,956,197
70$10,542,314$1,792,066$859,104$5,336,661
71$11,547,512$1,809,760$817,767$5,753,925
72$12,653,033$1,826,112$772,836$6,211,755
73$13,869,038$1,840,987$724,121$6,714,304
74$15,206,725$1,854,241$671,425$7,266,157
75$16,678,433$1,865,720$614,540$7,872,365
76$18,297,754$1,875,262$553,248$8,538,502
77$20,079,667$1,882,692$487,324$9,270,715
78$22,040,675$1,887,825$416,530$10,075,781
79$24,198,961$1,890,466$340,622$10,961,176
80$26,574,561$1,890,405$259,339$11,935,143
81$29,189,554$1,887,422$172,414$13,006,770
82$32,068,263$1,881,281$79,565$14,186,082
83$35,237,494$1,871,732$0$15,484,129
84$38,726,782$1,858,510$0$16,918,307
85$42,568,672$1,841,336$0$18,519,832
86$46,799,026$1,819,910$0$20,282,361
87$51,457,358$1,793,917$0$22,222,316
88$56,587,212$1,763,023$0$24,357,802
89$62,236,570$1,726,873$0$26,708,774
90$68,458,302$1,685,091$0$29,297,224
91$75,310,669$1,637,281$0$32,147,396
92$82,857,870$1,583,021$0$35,286,009
93$91,170,650$1,521,866$0$38,742,514
94$100,326,963$1,453,345$0$42,549,373
95$110,412,713$1,376,958$0$46,742,364
96$121,522,560$1,292,180$0$51,360,920
97$133,760,816$1,198,451$0$56,448,507
98$147,242,427$1,095,183$0$62,053,030
99$162,094,059$981,751$0$68,227,288
100$178,455,295$857,498$0$75,029,476