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

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 $1,140,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$94,140$93,302$92,483$91,685$90,905$88,924
2 years$46,604$45,736$44,895$44,079$43,288$41,303
3 years$30,761$29,889$29,050$28,242$27,464$25,535
4 years$22,841$21,972$21,141$20,347$19,587$17,731
5 years$18,090$17,226$16,406$15,628$14,890$13,111
6 years$14,924$14,066$13,259$12,498$11,782$10,082
7 years$12,663$11,813$11,018$10,275$9,582$7,961
8 years$10,968$10,126$9,344$8,620$7,949$6,407
9 years$9,651$8,816$8,048$7,342$6,694$5,230
10 years$8,597$7,771$7,017$6,329$5,704$4,316
11 years$7,736$6,918$6,177$5,508$4,906$3,592
12 years$7,019$6,209$5,482$4,831$4,251$3,010
13 years$6,413$5,612$4,898$4,265$3,707$2,536
14 years$5,893$5,101$4,401$3,786$3,250$2,146
15 years$5,444$4,660$3,973$3,377$2,861$1,823
16 years$5,051$4,275$3,602$3,023$2,529$1,554
17 years$4,704$3,937$3,278$2,717$2,242$1,328
18 years$4,397$3,638$2,992$2,448$1,994$1,137
19 years$4,122$3,372$2,739$2,212$1,777$975
20 years$3,874$3,133$2,514$2,004$1,587$838
21 years$3,651$2,918$2,313$1,818$1,420$721
22 years$3,448$2,724$2,131$1,653$1,273$621
23 years$3,264$2,548$1,968$1,506$1,143$535
24 years$3,094$2,387$1,820$1,373$1,027$462
25 years$2,939$2,240$1,686$1,254$924$399
26 years$2,796$2,106$1,563$1,147$833$344
27 years$2,664$1,982$1,452$1,050$751$298
28 years$2,541$1,867$1,350$962$677$257
29 years$2,427$1,762$1,256$882$612$223
30 years$2,321$1,664$1,170$809$553$193
31 years$2,221$1,573$1,091$743$500$167
32 years$2,129$1,488$1,018$683$452$144
33 years$2,042$1,409$950$628$409$125
34 years$1,960$1,336$888$578$370$108
35 years$1,883$1,267$830$532$335$94
36 years$1,811$1,202$776$490$304$81
37 years$1,742$1,142$727$451$275$71
38 years$1,678$1,085$681$416$250$61
39 years$1,616$1,032$638$384$226$53
40 years$1,559$982$598$354$205$46
41 years$1,504$935$560$327$186$40
42 years$1,451$890$526$301$169$35
43 years$1,402$848$493$278$153$30
44 years$1,354$808$463$257$139$26
45 years$1,309$771$435$237$126$22
46 years$1,267$735$408$219$115$20
47 years$1,226$702$384$202$104$17
48 years$1,186$670$360$187$95$15
49 years$1,149$640$339$173$86$13
50 years$1,113$611$319$160$78$11

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 $2,589 every year, while hoping to spend $34,872 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: 83/10/7 Blend
43$1,140,000$1,140,000$1,140,000$1,140,000
44$1,258,951$1,198,531$1,180,861$1,362,421
45$1,350,260$1,220,155$1,183,316$1,452,040
46$1,449,714$1,241,670$1,184,685$1,545,470
47$1,558,107$1,263,034$1,184,894$1,646,980
48$1,676,313$1,284,202$1,183,866$1,757,358
49$1,805,292$1,305,123$1,181,522$1,877,474
50$1,946,105$1,325,747$1,177,775$2,008,283
51$2,099,916$1,346,017$1,172,539$2,150,841
52$2,268,007$1,365,871$1,165,719$2,306,306
53$2,451,792$1,385,247$1,157,218$2,475,957
54$2,652,825$1,404,074$1,146,935$2,661,203
55$2,872,818$1,422,279$1,134,763$2,863,593
56$3,113,656$1,439,782$1,120,588$3,084,835
57$3,377,417$1,456,498$1,104,295$3,326,812
58$3,666,385$1,472,338$1,085,761$3,591,596
59$3,983,078$1,487,205$1,064,856$3,881,471
60$4,330,270$1,500,997$1,041,447$4,198,953
61$4,711,015$1,513,603$1,015,393$4,546,814
62$5,128,676$1,524,907$986,546$4,928,107
63$5,586,958$1,534,784$954,752$5,346,197
64$6,089,943$1,543,103$919,851$5,804,792
65$6,642,125$1,549,723$881,674$6,307,977
66$7,248,456$1,554,494$840,045$6,860,253
67$7,914,391$1,557,257$794,779$7,466,578
68$8,645,940$1,557,843$745,685$8,132,419
69$9,449,721$1,556,073$692,560$8,863,795
70$10,333,027$1,551,756$635,196$9,667,344
71$11,303,894$1,544,689$573,372$10,550,375
72$12,371,170$1,534,658$506,860$11,520,947
73$13,544,609$1,521,436$435,419$12,587,937
74$14,834,953$1,504,780$358,800$13,761,129
75$16,254,039$1,484,436$276,741$15,051,304
76$17,814,909$1,460,131$188,969$16,470,342
77$19,531,930$1,431,578$95,200$18,031,335
78$21,420,935$1,398,473$0$19,748,710
79$23,499,366$1,360,493$0$21,638,729
80$25,786,441$1,317,297$0$23,726,160
81$28,303,338$1,268,525$0$26,023,216
82$31,073,388$1,213,793$0$28,551,199
83$34,122,302$1,152,696$0$31,333,581
84$37,478,407$1,084,809$0$34,396,229
85$41,172,917$1,009,677$0$37,767,645
86$45,240,226$926,822$0$41,479,237
87$49,718,232$835,740$0$45,565,617
88$54,648,695$735,894$0$50,064,925
89$60,077,630$626,721$0$55,019,189
90$66,055,742$507,624$0$60,474,725
91$72,638,902$377,972$0$66,482,570
92$79,888,677$237,100$0$73,098,967
93$87,872,908$84,304$0$80,385,893
94$96,666,352$0$0$88,411,649
95$106,351,385$0$0$97,260,428
96$117,018,780$0$0$107,016,998
97$128,768,566$0$0$117,763,572
98$141,710,967$0$0$129,600,969
99$155,967,446$0$0$142,640,283
100$171,671,846$0$0$157,003,938