Can I retire at age 44 with 1,110,000?

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 $1,110,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.3%
1 years$91,663$90,846$90,050$89,272$88,513$85,543
2 years$45,378$44,532$43,713$42,919$42,149$39,186
3 years$29,951$29,102$28,285$27,499$26,741$23,878
4 years$22,240$21,393$20,585$19,811$19,072$16,331
5 years$17,614$16,773$15,974$15,217$14,498$11,886
6 years$14,531$13,696$12,910$12,169$11,472$8,992
7 years$12,330$11,502$10,728$10,005$9,330$6,980
8 years$10,680$9,859$9,098$8,393$7,740$5,520
9 years$9,397$8,584$7,836$7,149$6,518$4,425
10 years$8,371$7,567$6,832$6,162$5,554$3,584
11 years$7,533$6,736$6,015$5,363$4,776$2,926
12 years$6,834$6,046$5,338$4,704$4,139$2,404
13 years$6,244$5,464$4,769$4,153$3,609$1,985
14 years$5,738$4,966$4,285$3,687$3,164$1,645
15 years$5,300$4,537$3,869$3,288$2,786$1,369
16 years$4,918$4,163$3,508$2,944$2,462$1,141
17 years$4,580$3,834$3,192$2,645$2,183$954
18 years$4,281$3,542$2,914$2,384$1,941$799
19 years$4,013$3,283$2,667$2,154$1,730$670
20 years$3,773$3,051$2,448$1,951$1,545$563
21 years$3,555$2,842$2,252$1,770$1,383$473
22 years$3,358$2,653$2,075$1,610$1,240$398
23 years$3,178$2,481$1,916$1,466$1,113$335
24 years$3,013$2,324$1,772$1,337$1,000$282
25 years$2,862$2,181$1,641$1,221$900$238
26 years$2,722$2,050$1,522$1,117$811$201
27 years$2,593$1,929$1,414$1,022$731$169
28 years$2,474$1,818$1,314$936$660$143
29 years$2,363$1,715$1,223$859$596$121
30 years$2,259$1,620$1,139$788$538$102
31 years$2,163$1,531$1,062$724$486$86
32 years$2,073$1,449$991$665$440$73
33 years$1,988$1,372$925$612$398$61
34 years$1,908$1,300$864$563$361$52
35 years$1,833$1,233$808$518$327$44
36 years$1,763$1,171$756$477$296$37
37 years$1,696$1,112$708$440$268$31
38 years$1,633$1,057$663$405$243$26
39 years$1,574$1,005$621$374$220$22
40 years$1,518$956$582$345$200$19
41 years$1,464$910$546$318$181$16
42 years$1,413$867$512$293$165$13
43 years$1,365$826$480$271$149$11
44 years$1,319$787$451$250$136$10
45 years$1,275$751$423$231$123$8
46 years$1,233$716$398$213$112$7
47 years$1,193$683$373$197$102$6
48 years$1,155$652$351$182$92$5
49 years$1,119$623$330$168$84$4
50 years$1,084$595$310$156$76$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,110,000, adding $2,813 every year, while hoping to spend $40,818 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: 49/35/16 Blend
43$1,110,000$1,110,000$1,110,000$1,110,000
44$1,226,122$1,167,292$1,150,087$1,280,620
45$1,307,756$1,181,059$1,145,184$1,332,304
46$1,396,349$1,194,133$1,138,750$1,383,977
47$1,492,567$1,206,436$1,130,689$1,439,220
48$1,597,144$1,217,886$1,120,902$1,498,381
49$1,710,887$1,228,397$1,109,286$1,561,846
50$1,834,682$1,237,873$1,095,732$1,630,044
51$1,969,507$1,246,216$1,080,127$1,703,445
52$2,116,437$1,253,321$1,062,351$1,782,572
53$2,276,653$1,259,073$1,042,279$1,868,002
54$2,451,459$1,263,354$1,019,782$1,960,372
55$2,642,285$1,266,037$994,723$2,060,387
56$2,850,711$1,266,985$966,959$2,168,825
57$3,078,472$1,266,056$936,340$2,286,547
58$3,327,480$1,263,096$902,711$2,414,502
59$3,599,839$1,257,944$865,908$2,553,742
60$3,897,866$1,250,427$825,760$2,705,425
61$4,224,115$1,240,364$782,089$2,870,834
62$4,581,393$1,227,561$734,708$3,051,385
63$4,972,796$1,211,812$683,421$3,248,640
64$5,401,731$1,192,901$628,026$3,464,326
65$5,871,952$1,170,597$568,309$3,700,351
66$6,387,591$1,144,657$504,048$3,958,820
67$6,953,202$1,114,821$435,009$4,242,058
68$7,573,798$1,080,817$360,952$4,552,633
69$8,254,903$1,042,355$281,621$4,893,379
70$9,002,601$999,128$196,754$5,267,426
71$9,823,594$950,813$106,073$5,678,227
72$10,725,264$897,066$9,289$6,129,595
73$11,715,744$837,525$0$6,625,740
74$12,803,992$771,806$0$7,187,354
75$13,999,879$699,504$0$7,806,251
76$15,314,278$620,191$0$8,486,558
77$16,759,167$533,413$0$9,234,576
78$18,347,744$438,693$0$10,057,257
79$20,094,549$335,524$0$10,962,265
80$22,015,601$223,373$0$11,958,053
81$24,128,550$101,676$0$13,053,946
82$26,452,842$0$0$14,260,224
83$29,009,901$0$0$15,599,843
84$31,823,335$0$0$17,116,996
85$34,919,153$0$0$18,786,567
86$38,326,015$0$0$20,624,028
87$42,075,497$0$0$22,646,429
88$46,202,394$0$0$24,872,556
89$50,745,043$0$0$27,323,107
90$55,745,687$0$0$30,020,892
91$61,250,874$0$0$32,991,042
92$67,311,892$0$0$36,261,249
93$73,985,257$0$0$39,862,029
94$81,333,243$0$0$43,827,006
95$89,424,471$0$0$48,193,231
96$98,334,554$0$0$53,001,530
97$108,146,812$0$0$58,296,893
98$118,953,058$0$0$64,128,892
99$130,854,461$0$0$70,552,156
100$143,962,506$0$0$77,626,879