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%14.8%
1 years$91,663$90,846$90,050$89,272$88,513$86,761
2 years$45,378$44,532$43,713$42,919$42,149$40,392
3 years$29,951$29,102$28,285$27,499$26,741$25,033
4 years$22,240$21,393$20,585$19,811$19,072$17,426
5 years$17,614$16,773$15,974$15,217$14,498$12,919
6 years$14,531$13,696$12,910$12,169$11,472$9,962
7 years$12,330$11,502$10,728$10,005$9,330$7,888
8 years$10,680$9,859$9,098$8,393$7,740$6,367
9 years$9,397$8,584$7,836$7,149$6,518$5,213
10 years$8,371$7,567$6,832$6,162$5,554$4,315
11 years$7,533$6,736$6,015$5,363$4,776$3,603
12 years$6,834$6,046$5,338$4,704$4,139$3,029
13 years$6,244$5,464$4,769$4,153$3,609$2,560
14 years$5,738$4,966$4,285$3,687$3,164$2,174
15 years$5,300$4,537$3,869$3,288$2,786$1,854
16 years$4,918$4,163$3,508$2,944$2,462$1,585
17 years$4,580$3,834$3,192$2,645$2,183$1,359
18 years$4,281$3,542$2,914$2,384$1,941$1,168
19 years$4,013$3,283$2,667$2,154$1,730$1,006
20 years$3,773$3,051$2,448$1,951$1,545$867
21 years$3,555$2,842$2,252$1,770$1,383$749
22 years$3,358$2,653$2,075$1,610$1,240$647
23 years$3,178$2,481$1,916$1,466$1,113$560
24 years$3,013$2,324$1,772$1,337$1,000$485
25 years$2,862$2,181$1,641$1,221$900$421
26 years$2,722$2,050$1,522$1,117$811$365
27 years$2,593$1,929$1,414$1,022$731$317
28 years$2,474$1,818$1,314$936$660$275
29 years$2,363$1,715$1,223$859$596$239
30 years$2,259$1,620$1,139$788$538$208
31 years$2,163$1,531$1,062$724$486$180
32 years$2,073$1,449$991$665$440$157
33 years$1,988$1,372$925$612$398$136
34 years$1,908$1,300$864$563$361$119
35 years$1,833$1,233$808$518$327$103
36 years$1,763$1,171$756$477$296$90
37 years$1,696$1,112$708$440$268$78
38 years$1,633$1,057$663$405$243$68
39 years$1,574$1,005$621$374$220$59
40 years$1,518$956$582$345$200$52
41 years$1,464$910$546$318$181$45
42 years$1,413$867$512$293$165$39
43 years$1,365$826$480$271$149$34
44 years$1,319$787$451$250$136$30
45 years$1,275$751$423$231$123$26
46 years$1,233$716$398$213$112$22
47 years$1,193$683$373$197$102$20
48 years$1,155$652$351$182$92$17
49 years$1,119$623$330$168$84$15
50 years$1,084$595$310$156$76$13

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 $3,733 every year, while hoping to spend $40,671 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: 51/41/8 Blend
43$1,110,000$1,110,000$1,110,000$1,110,000
44$1,227,071$1,168,241$1,151,036$1,286,966
45$1,308,958$1,182,211$1,146,322$1,342,132
46$1,397,835$1,195,502$1,140,087$1,397,386
47$1,494,372$1,208,039$1,132,237$1,456,489
48$1,599,304$1,219,740$1,122,674$1,519,814
49$1,713,444$1,230,518$1,111,294$1,587,769
50$1,837,683$1,240,281$1,097,990$1,660,808
51$1,973,003$1,248,931$1,082,648$1,739,431
52$2,120,483$1,256,362$1,065,151$1,824,190
53$2,281,312$1,262,464$1,045,374$1,915,696
54$2,456,800$1,267,118$1,023,187$2,014,621
55$2,648,385$1,270,199$998,456$2,121,710
56$2,857,652$1,271,571$971,036$2,237,785
57$3,086,348$1,271,093$940,781$2,363,753
58$3,336,393$1,268,614$907,535$2,500,617
59$3,609,903$1,263,974$871,135$2,649,482
60$3,909,206$1,257,002$831,411$2,811,571
61$4,236,868$1,247,518$788,186$2,988,233
62$4,595,712$1,235,330$741,274$3,180,957
63$4,988,849$1,220,235$690,481$3,391,389
64$5,419,704$1,202,019$635,605$3,621,344
65$5,892,049$1,180,452$576,432$3,872,827
66$6,410,038$1,155,295$512,743$4,148,051
67$6,978,247$1,126,290$444,305$4,449,459
68$7,601,717$1,093,167$370,878$4,779,746
69$8,285,999$1,055,639$292,210$5,141,890
70$9,037,209$1,013,403$208,036$5,539,175
71$9,862,082$966,138$118,083$5,975,225
72$10,768,039$913,503$22,064$6,454,043
73$11,763,255$855,140$0$6,980,043
74$12,856,734$790,669$0$7,564,961
75$14,058,397$719,688$0$8,209,765
76$15,379,173$641,773$0$8,918,530
77$16,831,104$556,475$0$9,697,830
78$18,427,454$463,320$0$10,554,917
79$20,182,838$361,806$0$11,497,788
80$22,113,359$251,406$0$12,535,266
81$24,236,757$131,560$0$13,677,082
82$26,572,578$1,679$0$14,933,967
83$29,142,359$0$0$16,317,756
84$31,969,828$0$0$17,904,153
85$35,081,129$0$0$19,650,765
86$38,505,070$0$0$21,573,024
87$42,273,392$0$0$23,688,767
88$46,421,067$0$0$26,017,648
89$50,986,633$0$0$28,581,321
90$56,012,552$0$0$31,403,651
91$61,545,610$0$0$34,510,930
92$67,637,363$0$0$37,932,131
93$74,344,619$0$0$41,699,178
94$81,729,975$0$0$45,847,250
95$89,862,407$0$0$50,415,111
96$98,817,920$0$0$55,445,473
97$108,680,266$0$0$60,985,405
98$119,541,733$0$0$67,086,772
99$131,504,016$0$0$73,806,726
100$144,679,177$0$0$81,208,243