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%13.5%
1 years$94,966$94,120$93,295$92,489$91,703$90,370
2 years$47,013$46,137$45,289$44,466$43,668$42,328
3 years$31,031$30,151$29,305$28,490$27,705$26,399
4 years$23,041$22,164$21,326$20,525$19,759$18,498
5 years$18,248$17,377$16,550$15,765$15,021$13,808
6 years$15,055$14,190$13,375$12,608$11,885$10,722
7 years$12,774$11,916$11,115$10,365$9,666$8,553
8 years$11,064$10,215$9,426$8,695$8,019$6,955
9 years$9,735$8,894$8,119$7,407$6,753$5,739
10 years$8,673$7,839$7,078$6,384$5,754$4,788
11 years$7,804$6,979$6,231$5,556$4,949$4,031
12 years$7,081$6,264$5,530$4,874$4,288$3,417
13 years$6,469$5,661$4,941$4,303$3,739$2,914
14 years$5,945$5,145$4,439$3,820$3,278$2,496
15 years$5,491$4,700$4,008$3,406$2,886$2,147
16 years$5,095$4,313$3,634$3,050$2,551$1,853
17 years$4,745$3,972$3,307$2,740$2,262$1,603
18 years$4,435$3,670$3,019$2,470$2,011$1,391
19 years$4,158$3,401$2,763$2,232$1,792$1,209
20 years$3,908$3,161$2,536$2,021$1,601$1,053
21 years$3,683$2,944$2,333$1,834$1,433$918
22 years$3,479$2,748$2,150$1,668$1,284$802
23 years$3,292$2,570$1,985$1,519$1,153$701
24 years$3,122$2,408$1,836$1,385$1,036$613
25 years$2,965$2,260$1,700$1,265$932$537
26 years$2,820$2,124$1,577$1,157$840$471
27 years$2,687$1,999$1,464$1,059$757$413
28 years$2,563$1,884$1,361$970$683$362
29 years$2,448$1,777$1,267$890$617$318
30 years$2,341$1,678$1,180$816$557$279
31 years$2,241$1,586$1,100$750$504$246
32 years$2,147$1,501$1,026$689$456$216
33 years$2,059$1,422$958$634$413$190
34 years$1,977$1,347$895$583$374$167
35 years$1,900$1,278$837$537$338$147
36 years$1,826$1,213$783$494$307$129
37 years$1,758$1,152$733$455$278$114
38 years$1,692$1,095$686$420$252$100
39 years$1,631$1,041$643$387$228$88
40 years$1,572$990$603$357$207$77
41 years$1,517$943$565$329$188$68
42 years$1,464$898$530$304$171$60
43 years$1,414$856$498$281$155$53
44 years$1,366$816$467$259$141$47
45 years$1,321$778$439$239$128$41
46 years$1,278$742$412$221$116$36
47 years$1,236$708$387$204$105$32
48 years$1,197$676$364$189$96$28
49 years$1,159$645$342$174$87$25
50 years$1,123$617$321$161$79$22

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 $4,347 every year, while hoping to spend $50,144 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: 45/34/21 Blend
43$1,150,000$1,150,000$1,150,000$1,150,000
44$1,271,784$1,210,834$1,193,009$1,321,146
45$1,348,153$1,216,812$1,179,622$1,362,270
46$1,430,631$1,221,402$1,164,106$1,401,557
47$1,519,789$1,224,484$1,146,336$1,443,133
48$1,616,252$1,225,929$1,126,183$1,487,235
49$1,720,710$1,225,599$1,103,511$1,534,126
50$1,833,920$1,223,352$1,078,176$1,584,100
51$1,956,715$1,219,031$1,050,031$1,637,481
52$2,090,011$1,212,474$1,018,917$1,694,632
53$2,234,815$1,203,509$984,674$1,755,956
54$2,392,235$1,191,949$947,129$1,821,899
55$2,563,490$1,177,602$906,105$1,892,958
56$2,749,922$1,160,260$861,416$1,969,685
57$2,953,005$1,139,704$812,865$2,052,690
58$3,174,365$1,115,703$760,249$2,142,652
59$3,415,788$1,088,011$703,355$2,240,324
60$3,679,242$1,056,367$641,961$2,346,541
61$3,966,893$1,020,496$575,834$2,462,227
62$4,281,123$980,108$504,732$2,588,409
63$4,624,557$934,893$428,400$2,726,224
64$5,000,085$884,525$346,574$2,876,929
65$5,410,886$828,660$258,977$3,041,920
66$5,860,465$766,932$165,321$3,222,741
67$6,352,677$698,956$65,304$3,421,101
68$6,891,769$624,325$0$3,638,895
69$7,482,420$542,607$0$3,887,499
70$8,129,778$453,346$0$4,176,167
71$8,839,519$356,063$0$4,492,892
72$9,617,888$250,249$0$4,840,591
73$10,471,769$135,367$0$5,222,484
74$11,408,740$10,851$0$5,642,128
75$12,437,151$0$0$6,103,448
76$13,566,199$0$0$6,657,135
77$14,806,014$0$0$7,269,744
78$16,167,757$0$0$7,942,746
79$17,663,720$0$0$8,682,237
80$19,307,447$0$0$9,494,929
81$21,113,859$0$0$10,388,220
82$23,099,391$0$0$11,370,258
83$25,282,153$0$0$12,450,021
84$27,682,096$0$0$13,637,400
85$30,321,199$0$0$14,943,291
86$33,223,680$0$0$16,379,702
87$36,416,220$0$0$17,959,861
88$39,928,217$0$0$19,698,344
89$43,792,060$0$0$21,611,209
90$48,043,437$0$0$23,716,150
91$52,721,668$0$0$26,032,665
92$57,870,080$0$0$28,582,234
93$63,536,410$0$0$31,388,528
94$69,773,259$0$0$34,477,627
95$76,638,584$0$0$37,878,269
96$84,196,249$0$0$41,622,121
97$92,516,623$0$0$45,744,074
98$101,677,244$0$0$50,282,576
99$111,763,551$0$0$55,279,992
100$122,869,692$0$0$60,783,005