Can I retire at age 44 with 1,140,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $1,140,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.2%
1 years$94,140$93,302$92,483$91,685$90,905$88,600
2 years$46,604$45,736$44,895$44,079$43,288$40,980
3 years$30,761$29,889$29,050$28,242$27,464$25,226
4 years$22,841$21,972$21,141$20,347$19,587$17,437
5 years$18,090$17,226$16,406$15,628$14,890$12,832
6 years$14,924$14,066$13,259$12,498$11,782$9,819
7 years$12,663$11,813$11,018$10,275$9,582$7,715
8 years$10,968$10,126$9,344$8,620$7,949$6,176
9 years$9,651$8,816$8,048$7,342$6,694$5,014
10 years$8,597$7,771$7,017$6,329$5,704$4,115
11 years$7,736$6,918$6,177$5,508$4,906$3,405
12 years$7,019$6,209$5,482$4,831$4,251$2,837
13 years$6,413$5,612$4,898$4,265$3,707$2,376
14 years$5,893$5,101$4,401$3,786$3,250$1,998
15 years$5,444$4,660$3,973$3,377$2,861$1,687
16 years$5,051$4,275$3,602$3,023$2,529$1,428
17 years$4,704$3,937$3,278$2,717$2,242$1,212
18 years$4,397$3,638$2,992$2,448$1,994$1,031
19 years$4,122$3,372$2,739$2,212$1,777$879
20 years$3,874$3,133$2,514$2,004$1,587$750
21 years$3,651$2,918$2,313$1,818$1,420$641
22 years$3,448$2,724$2,131$1,653$1,273$548
23 years$3,264$2,548$1,968$1,506$1,143$469
24 years$3,094$2,387$1,820$1,373$1,027$402
25 years$2,939$2,240$1,686$1,254$924$344
26 years$2,796$2,106$1,563$1,147$833$295
27 years$2,664$1,982$1,452$1,050$751$254
28 years$2,541$1,867$1,350$962$677$218
29 years$2,427$1,762$1,256$882$612$187
30 years$2,321$1,664$1,170$809$553$161
31 years$2,221$1,573$1,091$743$500$138
32 years$2,129$1,488$1,018$683$452$119
33 years$2,042$1,409$950$628$409$102
34 years$1,960$1,336$888$578$370$88
35 years$1,883$1,267$830$532$335$75
36 years$1,811$1,202$776$490$304$65
37 years$1,742$1,142$727$451$275$56
38 years$1,678$1,085$681$416$250$48
39 years$1,616$1,032$638$384$226$41
40 years$1,559$982$598$354$205$35
41 years$1,504$935$560$327$186$31
42 years$1,451$890$526$301$169$26
43 years$1,402$848$493$278$153$23
44 years$1,354$808$463$257$139$19
45 years$1,309$771$435$237$126$17
46 years$1,267$735$408$219$115$14
47 years$1,226$702$384$202$104$12
48 years$1,186$670$360$187$95$11
49 years$1,149$640$339$173$86$9
50 years$1,113$611$319$160$78$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,140,000, adding $4,061 every year, while hoping to spend $27,609 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: 32/49/19 Blend
43$1,140,000$1,140,000$1,140,000$1,140,000
44$1,260,469$1,200,049$1,182,379$1,293,243
45$1,359,661$1,229,476$1,192,613$1,347,472
46$1,468,045$1,259,419$1,202,264$1,403,037
47$1,586,530$1,289,875$1,211,285$1,462,306
48$1,716,116$1,320,838$1,219,622$1,525,618
49$1,857,904$1,352,304$1,227,224$1,593,349
50$2,013,107$1,384,263$1,234,033$1,665,910
51$2,183,061$1,416,709$1,239,989$1,743,757
52$2,369,234$1,449,629$1,245,030$1,827,391
53$2,573,248$1,483,013$1,249,091$1,917,364
54$2,796,886$1,516,846$1,252,101$2,014,284
55$3,042,111$1,551,114$1,253,989$2,118,822
56$3,311,087$1,585,800$1,254,679$2,231,717
57$3,606,197$1,620,883$1,254,090$2,353,785
58$3,930,066$1,656,344$1,252,139$2,485,922
59$4,285,585$1,692,156$1,248,738$2,629,120
60$4,675,938$1,728,296$1,243,794$2,784,469
61$5,104,633$1,764,732$1,237,211$2,953,173
62$5,575,536$1,801,434$1,228,888$3,136,559
63$6,092,903$1,838,367$1,218,718$3,336,089
64$6,661,425$1,875,492$1,206,590$3,553,376
65$7,286,267$1,912,768$1,192,388$3,790,197
66$7,973,123$1,950,151$1,175,990$4,048,513
67$8,728,264$1,987,590$1,157,267$4,330,485
68$9,558,598$2,025,033$1,136,087$4,638,496
69$10,471,737$2,062,422$1,112,308$4,975,174
70$11,476,069$2,099,696$1,085,786$5,343,415
71$12,580,834$2,136,786$1,056,365$5,746,414
72$13,796,212$2,173,622$1,023,886$6,187,692
73$15,133,421$2,210,124$988,182$6,671,131
74$16,604,820$2,246,211$949,076$7,201,014
75$18,224,027$2,281,790$906,385$7,782,060
76$20,006,047$2,316,767$859,918$8,419,473
77$21,967,413$2,351,038$809,475$9,118,992
78$24,126,341$2,384,491$754,845$9,886,942
79$26,502,906$2,417,009$695,810$10,730,298
80$29,119,223$2,448,464$632,141$11,656,749
81$31,999,666$2,478,720$563,599$12,674,774
82$35,171,087$2,507,633$489,935$13,793,718
83$38,663,078$2,535,048$410,888$15,023,887
84$42,508,246$2,560,798$326,186$16,376,640
85$46,742,519$2,584,709$235,545$17,864,501
86$51,405,488$2,606,592$138,668$19,501,277
87$56,540,779$2,626,247$35,245$21,302,189
88$62,196,467$2,643,461$0$23,284,015
89$68,425,523$2,658,007$0$25,480,486
90$75,286,321$2,669,644$0$27,905,376
91$82,843,184$2,678,115$0$30,574,084
92$91,166,994$2,683,147$0$33,511,465
93$100,335,857$2,684,451$0$36,744,913
94$110,435,843$2,681,719$0$40,304,621
95$121,561,799$2,674,622$0$44,223,866
96$133,818,239$2,662,816$0$48,539,327
97$147,320,336$2,645,931$0$53,291,427
98$162,195,006$2,623,576$0$58,524,721
99$178,582,103$2,595,338$0$64,288,314
100$196,635,745$2,560,777$0$70,636,327