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%13.7%
1 years$94,966$94,120$93,295$92,489$91,703$90,295
2 years$47,013$46,137$45,289$44,466$43,668$42,253
3 years$31,031$30,151$29,305$28,490$27,705$26,327
4 years$23,041$22,164$21,326$20,525$19,759$18,429
5 years$18,248$17,377$16,550$15,765$15,021$13,742
6 years$15,055$14,190$13,375$12,608$11,885$10,659
7 years$12,774$11,916$11,115$10,365$9,666$8,493
8 years$11,064$10,215$9,426$8,695$8,019$6,899
9 years$9,735$8,894$8,119$7,407$6,753$5,686
10 years$8,673$7,839$7,078$6,384$5,754$4,738
11 years$7,804$6,979$6,231$5,556$4,949$3,983
12 years$7,081$6,264$5,530$4,874$4,288$3,373
13 years$6,469$5,661$4,941$4,303$3,739$2,872
14 years$5,945$5,145$4,439$3,820$3,278$2,457
15 years$5,491$4,700$4,008$3,406$2,886$2,111
16 years$5,095$4,313$3,634$3,050$2,551$1,819
17 years$4,745$3,972$3,307$2,740$2,262$1,572
18 years$4,435$3,670$3,019$2,470$2,011$1,362
19 years$4,158$3,401$2,763$2,232$1,792$1,182
20 years$3,908$3,161$2,536$2,021$1,601$1,028
21 years$3,683$2,944$2,333$1,834$1,433$895
22 years$3,479$2,748$2,150$1,668$1,284$780
23 years$3,292$2,570$1,985$1,519$1,153$681
24 years$3,122$2,408$1,836$1,385$1,036$595
25 years$2,965$2,260$1,700$1,265$932$520
26 years$2,820$2,124$1,577$1,157$840$455
27 years$2,687$1,999$1,464$1,059$757$399
28 years$2,563$1,884$1,361$970$683$349
29 years$2,448$1,777$1,267$890$617$306
30 years$2,341$1,678$1,180$816$557$268
31 years$2,241$1,586$1,100$750$504$236
32 years$2,147$1,501$1,026$689$456$207
33 years$2,059$1,422$958$634$413$181
34 years$1,977$1,347$895$583$374$159
35 years$1,900$1,278$837$537$338$140
36 years$1,826$1,213$783$494$307$123
37 years$1,758$1,152$733$455$278$108
38 years$1,692$1,095$686$420$252$95
39 years$1,631$1,041$643$387$228$83
40 years$1,572$990$603$357$207$73
41 years$1,517$943$565$329$188$64
42 years$1,464$898$530$304$171$57
43 years$1,414$856$498$281$155$50
44 years$1,366$816$467$259$141$44
45 years$1,321$778$439$239$128$38
46 years$1,278$742$412$221$116$34
47 years$1,236$708$387$204$105$30
48 years$1,197$676$364$189$96$26
49 years$1,159$645$342$174$87$23
50 years$1,123$617$321$161$79$20

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 $5,404 every year, while hoping to spend $43,453 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: 43/33/24 Blend
43$1,150,000$1,150,000$1,150,000$1,150,000
44$1,272,874$1,211,924$1,194,099$1,318,501
45$1,356,474$1,225,075$1,187,868$1,364,649
46$1,447,144$1,237,414$1,179,971$1,410,025
47$1,545,560$1,248,855$1,170,308$1,458,327
48$1,652,466$1,259,307$1,158,772$1,509,847
49$1,768,677$1,268,672$1,145,250$1,564,912
50$1,895,093$1,276,848$1,129,627$1,623,883
51$2,032,703$1,283,725$1,111,780$1,687,161
52$2,182,595$1,289,183$1,091,581$1,755,187
53$2,345,967$1,293,100$1,068,896$1,828,455
54$2,524,136$1,295,342$1,043,584$1,907,507
55$2,718,553$1,295,769$1,015,499$1,992,946
56$2,930,814$1,294,231$984,488$2,085,438
57$3,162,678$1,290,569$950,389$2,185,723
58$3,416,078$1,284,614$913,034$2,294,617
59$3,693,147$1,276,188$872,249$2,413,023
60$3,996,227$1,265,101$827,849$2,541,944
61$4,327,903$1,251,152$779,643$2,682,483
62$4,691,018$1,234,127$727,430$2,835,867
63$5,088,703$1,213,801$671,000$3,003,449
64$5,524,407$1,189,933$610,135$3,186,726
65$6,001,928$1,162,271$544,605$3,387,352
66$6,525,447$1,130,545$474,172$3,607,159
67$7,099,572$1,094,471$398,586$3,848,168
68$7,729,376$1,053,748$317,587$4,112,615
69$8,420,449$1,008,058$230,902$4,402,971
70$9,178,945$957,063$138,248$4,721,966
71$10,011,645$900,407$39,327$5,072,616
72$10,926,019$837,713$0$5,458,253
73$11,930,295$768,583$0$5,899,521
74$13,033,536$692,594$0$6,395,373
75$14,245,728$609,302$0$6,940,305
76$15,577,870$518,236$0$7,539,365
77$17,042,082$418,899$0$8,198,123
78$18,651,715$310,765$0$8,922,724
79$20,421,477$193,280$0$9,719,945
80$22,367,574$65,858$0$10,597,260
81$24,507,862$0$0$11,562,917
82$26,862,011$0$0$12,652,198
83$29,451,694$0$0$13,876,932
84$32,300,793$0$0$15,224,516
85$35,435,619$0$0$16,707,416
86$38,885,161$0$0$18,339,367
87$42,681,363$0$0$20,135,502
88$46,859,419$0$0$22,112,497
89$51,458,111$0$0$24,288,725
90$56,520,168$0$0$26,684,433
91$62,092,676$0$0$29,321,927
92$68,227,513$0$0$32,225,790
93$74,981,848$0$0$35,423,108
94$82,418,672$0$0$38,943,725
95$90,607,395$0$0$42,820,531
96$99,624,501$0$0$47,089,765
97$109,554,270$0$0$51,791,358
98$120,489,569$0$0$56,969,315
99$132,532,732$0$0$62,672,124
100$145,796,525$0$0$68,953,215