Can I retire at age 44 with 1,150,000?

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 $1,150,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$94,966$94,120$93,295$92,489$91,703$89,522
2 years$47,013$46,137$45,289$44,466$43,668$41,484
3 years$31,031$30,151$29,305$28,490$27,705$25,585
4 years$23,041$22,164$21,326$20,525$19,759$17,721
5 years$18,248$17,377$16,550$15,765$15,021$13,069
6 years$15,055$14,190$13,375$12,608$11,885$10,022
7 years$12,774$11,916$11,115$10,365$9,666$7,892
8 years$11,064$10,215$9,426$8,695$8,019$6,333
9 years$9,735$8,894$8,119$7,407$6,753$5,154
10 years$8,673$7,839$7,078$6,384$5,754$4,240
11 years$7,804$6,979$6,231$5,556$4,949$3,518
12 years$7,081$6,264$5,530$4,874$4,288$2,938
13 years$6,469$5,661$4,941$4,303$3,739$2,467
14 years$5,945$5,145$4,439$3,820$3,278$2,081
15 years$5,491$4,700$4,008$3,406$2,886$1,762
16 years$5,095$4,313$3,634$3,050$2,551$1,496
17 years$4,745$3,972$3,307$2,740$2,262$1,273
18 years$4,435$3,670$3,019$2,470$2,011$1,086
19 years$4,158$3,401$2,763$2,232$1,792$928
20 years$3,908$3,161$2,536$2,021$1,601$795
21 years$3,683$2,944$2,333$1,834$1,433$681
22 years$3,479$2,748$2,150$1,668$1,284$584
23 years$3,292$2,570$1,985$1,519$1,153$502
24 years$3,122$2,408$1,836$1,385$1,036$431
25 years$2,965$2,260$1,700$1,265$932$371
26 years$2,820$2,124$1,577$1,157$840$319
27 years$2,687$1,999$1,464$1,059$757$275
28 years$2,563$1,884$1,361$970$683$237
29 years$2,448$1,777$1,267$890$617$204
30 years$2,341$1,678$1,180$816$557$176
31 years$2,241$1,586$1,100$750$504$151
32 years$2,147$1,501$1,026$689$456$131
33 years$2,059$1,422$958$634$413$113
34 years$1,977$1,347$895$583$374$97
35 years$1,900$1,278$837$537$338$84
36 years$1,826$1,213$783$494$307$72
37 years$1,758$1,152$733$455$278$62
38 years$1,692$1,095$686$420$252$54
39 years$1,631$1,041$643$387$228$46
40 years$1,572$990$603$357$207$40
41 years$1,517$943$565$329$188$35
42 years$1,464$898$530$304$171$30
43 years$1,414$856$498$281$155$26
44 years$1,366$816$467$259$141$22
45 years$1,321$778$439$239$128$19
46 years$1,278$742$412$221$116$17
47 years$1,236$708$387$204$105$14
48 years$1,197$676$364$189$96$12
49 years$1,159$645$342$174$87$11
50 years$1,123$617$321$161$79$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,150,000, adding $5,880 every year, while hoping to spend $41,115 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: 36/45/19 Blend
43$1,150,000$1,150,000$1,150,000$1,150,000
44$1,273,365$1,212,415$1,194,590$1,311,671
45$1,359,502$1,228,078$1,190,863$1,355,749
46$1,453,048$1,243,129$1,185,633$1,399,028
47$1,554,713$1,257,497$1,178,806$1,444,895
48$1,665,282$1,271,103$1,170,284$1,493,605
49$1,785,617$1,283,863$1,159,965$1,545,440
50$1,916,666$1,295,688$1,147,740$1,600,713
51$2,059,473$1,306,484$1,133,496$1,659,771
52$2,215,186$1,316,149$1,117,115$1,722,999
53$2,385,070$1,324,575$1,098,473$1,790,824
54$2,570,516$1,331,648$1,077,441$1,863,718
55$2,773,055$1,337,246$1,053,882$1,942,204
56$2,994,375$1,341,239$1,027,656$2,026,864
57$3,236,331$1,343,489$998,612$2,118,338
58$3,500,968$1,343,851$966,596$2,217,339
59$3,790,535$1,342,168$931,445$2,324,653
60$4,107,510$1,338,275$892,990$2,441,153
61$4,454,623$1,331,997$851,051$2,567,804
62$4,834,878$1,323,148$805,445$2,705,674
63$5,251,584$1,311,531$755,976$2,855,944
64$5,708,386$1,296,937$702,442$3,019,921
65$6,209,298$1,279,143$644,630$3,199,053
66$6,758,740$1,257,915$582,319$3,394,939
67$7,361,583$1,233,004$515,278$3,609,347
68$8,023,189$1,204,146$443,265$3,844,233
69$8,749,467$1,171,062$366,026$4,101,761
70$9,546,924$1,133,456$283,300$4,384,321
71$10,422,730$1,091,015$194,810$4,694,555
72$11,384,782$1,043,408$100,270$5,035,384
73$12,441,779$990,284$0$5,410,035
74$13,603,307$931,274$0$5,822,200
75$14,879,923$865,985$0$6,297,395
76$16,283,259$794,003$0$6,819,689
77$17,826,132$714,889$0$7,393,959
78$19,522,660$628,182$0$8,025,587
79$21,388,400$533,391$0$8,720,514
80$23,440,489$429,999$0$9,485,294
81$25,697,811$317,462$0$10,327,160
82$28,181,172$195,201$0$11,254,093
83$30,913,494$62,609$0$12,274,900
84$33,920,035$0$0$13,399,296
85$37,228,624$0$0$14,678,091
86$40,869,925$0$0$16,119,793
87$44,877,723$0$0$17,706,802
88$49,289,248$0$0$19,453,884
89$54,145,519$0$0$21,377,310
90$59,491,737$0$0$23,495,007
91$65,377,704$0$0$25,826,732
92$71,858,302$0$0$28,394,252
93$78,994,000$0$0$31,221,555
94$86,851,434$0$0$34,335,072
95$95,504,027$0$0$37,763,929
96$105,032,687$0$0$41,540,220
97$115,526,570$0$0$45,699,310
98$127,083,916$0$0$50,280,170
99$139,812,980$0$0$55,325,743
100$153,833,054$0$0$60,883,349