Can I retire at age 44 with 1,130,000?

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 $1,130,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.7%
1 years$93,314$92,483$91,672$90,881$90,108$86,945
2 years$46,195$45,335$44,501$43,693$42,908$39,755
3 years$30,491$29,627$28,795$27,994$27,223$24,179
4 years$22,640$21,779$20,955$20,168$19,416$16,503
5 years$17,931$17,075$16,262$15,491$14,759$11,986
6 years$14,793$13,943$13,142$12,388$11,679$9,047
7 years$12,552$11,709$10,921$10,185$9,498$7,008
8 years$10,872$10,037$9,262$8,544$7,879$5,528
9 years$9,566$8,739$7,978$7,278$6,636$4,421
10 years$8,522$7,703$6,955$6,273$5,654$3,571
11 years$7,668$6,858$6,123$5,460$4,862$2,908
12 years$6,957$6,155$5,434$4,789$4,214$2,383
13 years$6,356$5,562$4,855$4,228$3,674$1,962
14 years$5,842$5,056$4,362$3,753$3,221$1,622
15 years$5,396$4,619$3,938$3,347$2,836$1,345
16 years$5,006$4,238$3,571$2,997$2,506$1,119
17 years$4,663$3,903$3,249$2,693$2,222$932
18 years$4,358$3,606$2,966$2,427$1,976$779
19 years$4,085$3,342$2,715$2,193$1,761$651
20 years$3,841$3,106$2,492$1,986$1,573$545
21 years$3,619$2,893$2,292$1,802$1,408$457
22 years$3,418$2,700$2,113$1,639$1,262$383
23 years$3,235$2,526$1,951$1,492$1,133$322
24 years$3,067$2,366$1,804$1,361$1,018$270
25 years$2,913$2,221$1,671$1,243$916$227
26 years$2,771$2,087$1,550$1,137$825$191
27 years$2,640$1,964$1,439$1,040$744$160
28 years$2,519$1,851$1,338$953$671$135
29 years$2,405$1,746$1,245$874$606$114
30 years$2,300$1,649$1,160$802$548$96
31 years$2,202$1,559$1,081$737$495$80
32 years$2,110$1,475$1,009$677$448$68
33 years$2,024$1,397$942$623$405$57
34 years$1,943$1,324$880$573$367$48
35 years$1,866$1,256$823$527$332$40
36 years$1,795$1,192$770$486$301$34
37 years$1,727$1,132$720$448$273$29
38 years$1,663$1,076$675$413$248$24
39 years$1,602$1,023$632$380$224$20
40 years$1,545$973$592$351$204$17
41 years$1,490$926$555$324$185$14
42 years$1,439$882$521$299$168$12
43 years$1,389$841$489$276$152$10
44 years$1,343$801$459$255$138$9
45 years$1,298$764$431$235$125$7
46 years$1,255$729$405$217$114$6
47 years$1,215$696$380$201$103$5
48 years$1,176$664$357$185$94$4
49 years$1,139$634$336$171$85$4
50 years$1,103$606$316$158$77$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,130,000, adding $6,892 every year, while hoping to spend $21,248 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: 56/20/24 Blend
43$1,130,000$1,130,000$1,130,000$1,130,000
44$1,252,369$1,192,479$1,174,964$1,313,949
45$1,357,503$1,228,303$1,191,718$1,392,729
46$1,472,648$1,265,170$1,208,320$1,475,693
47$1,598,804$1,303,109$1,224,745$1,565,635
48$1,737,070$1,342,149$1,240,961$1,663,232
49$1,888,658$1,382,321$1,256,940$1,769,229
50$2,054,901$1,423,654$1,272,648$1,884,449
51$2,237,269$1,466,182$1,288,050$2,009,798
52$2,437,381$1,509,935$1,303,110$2,146,270
53$2,657,020$1,554,948$1,317,790$2,294,965
54$2,898,149$1,601,254$1,332,049$2,457,091
55$3,162,932$1,648,887$1,345,845$2,633,979
56$3,453,752$1,697,883$1,359,131$2,827,098
57$3,773,233$1,748,278$1,371,861$3,038,062
58$4,124,269$1,800,110$1,383,984$3,268,652
59$4,510,044$1,853,415$1,395,448$3,520,828
60$4,934,070$1,908,233$1,406,196$3,796,752
61$5,400,211$1,964,603$1,416,170$4,098,802
62$5,912,730$2,022,566$1,425,308$4,429,603
63$6,476,319$2,082,162$1,433,547$4,792,042
64$7,096,149$2,143,433$1,440,816$5,189,303
65$7,777,918$2,206,424$1,447,046$5,624,893
66$8,527,904$2,271,176$1,452,160$6,102,677
67$9,353,022$2,337,736$1,456,079$6,626,913
68$10,260,893$2,406,148$1,458,721$7,202,292
69$11,259,914$2,476,459$1,459,998$7,833,985
70$12,359,336$2,548,716$1,459,818$8,527,687
71$13,569,353$2,622,968$1,458,086$9,289,677
72$14,901,196$2,699,263$1,454,702$10,126,871
73$16,367,242$2,777,650$1,449,558$11,046,890
74$17,981,128$2,858,182$1,442,545$12,058,135
75$19,757,879$2,940,910$1,433,547$13,169,859
76$21,714,054$3,025,885$1,422,442$14,392,262
77$23,867,895$3,113,161$1,409,101$15,736,582
78$26,239,507$3,202,793$1,393,393$17,215,204
79$28,851,042$3,294,835$1,375,177$18,841,775
80$31,726,909$3,389,343$1,354,306$20,631,334
81$34,894,007$3,486,373$1,330,628$22,600,455
82$38,381,973$3,585,983$1,303,981$24,767,401
83$42,223,468$3,688,230$1,274,199$27,152,296
84$46,454,481$3,793,173$1,241,104$29,777,321
85$51,114,671$3,900,871$1,204,514$32,666,915
86$56,247,737$4,011,384$1,164,235$35,848,013
87$61,901,837$4,124,772$1,120,067$39,350,295
88$68,130,035$4,241,096$1,071,800$43,206,469
89$74,990,807$4,360,418$1,019,214$47,452,582
90$82,548,590$4,482,800$962,078$52,128,353
91$90,874,392$4,608,302$900,153$57,277,558
92$100,046,459$4,736,989$833,188$62,948,435
93$110,151,018$4,868,921$760,920$69,194,144
94$121,283,087$5,004,163$683,076$76,073,268
95$133,547,371$5,142,777$599,368$83,650,366
96$147,059,255$5,284,825$509,499$91,996,582
97$161,945,888$5,430,370$413,156$101,190,318
98$178,347,385$5,579,474$310,013$111,317,976
99$196,418,149$5,732,200$199,729$122,474,770
100$216,328,330$5,888,608$81,951$134,765,626