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%15.1%
1 years$91,663$90,846$90,050$89,272$88,513$86,655
2 years$45,378$44,532$43,713$42,919$42,149$40,286
3 years$29,951$29,102$28,285$27,499$26,741$24,931
4 years$22,240$21,393$20,585$19,811$19,072$17,329
5 years$17,614$16,773$15,974$15,217$14,498$12,827
6 years$14,531$13,696$12,910$12,169$11,472$9,874
7 years$12,330$11,502$10,728$10,005$9,330$7,806
8 years$10,680$9,859$9,098$8,393$7,740$6,290
9 years$9,397$8,584$7,836$7,149$6,518$5,140
10 years$8,371$7,567$6,832$6,162$5,554$4,247
11 years$7,533$6,736$6,015$5,363$4,776$3,539
12 years$6,834$6,046$5,338$4,704$4,139$2,970
13 years$6,244$5,464$4,769$4,153$3,609$2,505
14 years$5,738$4,966$4,285$3,687$3,164$2,123
15 years$5,300$4,537$3,869$3,288$2,786$1,806
16 years$4,918$4,163$3,508$2,944$2,462$1,541
17 years$4,580$3,834$3,192$2,645$2,183$1,319
18 years$4,281$3,542$2,914$2,384$1,941$1,131
19 years$4,013$3,283$2,667$2,154$1,730$972
20 years$3,773$3,051$2,448$1,951$1,545$836
21 years$3,555$2,842$2,252$1,770$1,383$720
22 years$3,358$2,653$2,075$1,610$1,240$621
23 years$3,178$2,481$1,916$1,466$1,113$536
24 years$3,013$2,324$1,772$1,337$1,000$464
25 years$2,862$2,181$1,641$1,221$900$401
26 years$2,722$2,050$1,522$1,117$811$347
27 years$2,593$1,929$1,414$1,022$731$300
28 years$2,474$1,818$1,314$936$660$260
29 years$2,363$1,715$1,223$859$596$225
30 years$2,259$1,620$1,139$788$538$195
31 years$2,163$1,531$1,062$724$486$169
32 years$2,073$1,449$991$665$440$147
33 years$1,988$1,372$925$612$398$127
34 years$1,908$1,300$864$563$361$111
35 years$1,833$1,233$808$518$327$96
36 years$1,763$1,171$756$477$296$83
37 years$1,696$1,112$708$440$268$72
38 years$1,633$1,057$663$405$243$63
39 years$1,574$1,005$621$374$220$55
40 years$1,518$956$582$345$200$47
41 years$1,464$910$546$318$181$41
42 years$1,413$867$512$293$165$36
43 years$1,365$826$480$271$149$31
44 years$1,319$787$451$250$136$27
45 years$1,275$751$423$231$123$23
46 years$1,233$716$398$213$112$20
47 years$1,193$683$373$197$102$18
48 years$1,155$652$351$182$92$15
49 years$1,119$623$330$168$84$13
50 years$1,084$595$310$156$76$12

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 $5,562 every year, while hoping to spend $36,556 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: 65/7/28 Blend
43$1,110,000$1,110,000$1,110,000$1,110,000
44$1,228,957$1,170,127$1,152,922$1,299,403
45$1,315,416$1,188,568$1,152,650$1,366,140
46$1,409,467$1,206,687$1,151,143$1,434,500
47$1,511,849$1,224,431$1,148,322$1,508,423
48$1,623,369$1,241,740$1,144,103$1,588,458
49$1,744,921$1,258,553$1,138,398$1,675,215
50$1,877,483$1,274,802$1,131,115$1,769,365
51$2,022,136$1,290,417$1,122,157$1,871,647
52$2,180,068$1,305,322$1,111,423$1,982,879
53$2,352,586$1,319,434$1,098,807$2,103,960
54$2,541,131$1,332,668$1,084,198$2,235,883
55$2,747,288$1,344,930$1,067,481$2,379,744
56$2,972,803$1,356,123$1,048,532$2,536,751
57$3,219,596$1,366,140$1,027,226$2,708,236
58$3,489,785$1,374,871$1,003,428$2,895,667
59$3,785,700$1,382,196$976,999$3,100,666
60$4,109,906$1,387,989$947,794$3,325,018
61$4,465,231$1,392,115$915,659$3,570,695
62$4,854,786$1,394,430$880,435$3,839,870
63$5,282,000$1,394,783$841,956$4,134,938
64$5,750,649$1,393,012$800,046$4,458,543
65$6,264,891$1,388,946$754,524$4,813,598
66$6,829,308$1,382,402$705,198$5,203,315
67$7,448,945$1,373,188$651,870$5,631,239
68$8,129,362$1,361,098$594,332$6,101,275
69$8,876,680$1,345,915$532,366$6,617,730
70$9,697,646$1,327,410$465,744$7,185,354
71$10,599,690$1,305,337$394,231$7,809,383
72$11,590,999$1,279,438$317,578$8,495,591
73$12,680,590$1,249,440$235,526$9,250,342
74$13,878,400$1,215,053$147,806$10,080,655
75$15,195,375$1,175,968$54,135$10,994,266
76$16,643,574$1,131,862$0$11,999,705
77$18,236,286$1,082,390$0$13,120,067
78$19,988,148$1,027,188$0$14,370,178
79$21,915,291$965,873$0$15,745,371
80$24,035,486$898,036$0$17,258,346
81$26,368,313$823,247$0$18,923,095
82$28,935,346$741,051$0$20,755,039
83$31,760,357$650,968$0$22,771,167
84$34,869,538$552,490$0$24,990,205
85$38,291,748$445,079$0$27,432,783
86$42,058,787$328,169$0$30,121,638
87$46,205,695$201,161$0$33,081,823
88$50,771,080$63,422$0$36,340,947
89$55,797,485$0$0$39,929,432
90$61,331,788$0$0$43,887,407
91$67,425,643$0$0$48,251,032
92$74,135,968$0$0$53,056,190
93$81,525,483$0$0$58,347,807
94$89,663,300$0$0$64,175,385
95$98,625,573$0$0$70,593,472
96$108,496,222$0$0$77,662,179
97$119,367,719$0$0$85,447,742
98$131,341,962$0$0$94,023,149
99$144,531,238$0$0$103,468,829
100$159,059,281$0$0$113,873,411