Can I retire at age 44 with 1,390,000?

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 $1,390,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.8%
1 years$114,785$113,762$112,765$111,791$110,841$106,485
2 years$56,824$55,766$54,740$53,746$52,781$48,446
3 years$37,507$36,444$35,421$34,435$33,487$29,309
4 years$27,850$26,790$25,777$24,809$23,883$19,894
5 years$22,057$21,004$20,004$19,056$18,155$14,366
6 years$18,196$17,151$16,166$15,239$14,366$10,778
7 years$15,440$14,403$13,434$12,529$11,683$8,296
8 years$13,374$12,346$11,393$10,510$9,692$6,502
9 years$11,767$10,750$9,813$8,952$8,162$5,164
10 years$10,483$9,475$8,555$7,717$6,955$4,143
11 years$9,433$8,435$7,532$6,716$5,981$3,349
12 years$8,558$7,571$6,684$5,891$5,183$2,724
13 years$7,819$6,842$5,972$5,201$4,520$2,226
14 years$7,186$6,219$5,366$4,617$3,962$1,827
15 years$6,637$5,681$4,845$4,117$3,489$1,503
16 years$6,158$5,213$4,392$3,687$3,083$1,240
17 years$5,736$4,801$3,997$3,312$2,734$1,025
18 years$5,361$4,436$3,649$2,985$2,431$849
19 years$5,025$4,111$3,340$2,697$2,167$704
20 years$4,724$3,820$3,065$2,443$1,935$584
21 years$4,452$3,559$2,820$2,217$1,732$486
22 years$4,205$3,322$2,599$2,016$1,552$404
23 years$3,979$3,107$2,399$1,836$1,393$336
24 years$3,773$2,911$2,219$1,674$1,252$280
25 years$3,584$2,732$2,055$1,529$1,127$233
26 years$3,409$2,567$1,906$1,398$1,015$194
27 years$3,248$2,416$1,770$1,280$915$162
28 years$3,098$2,277$1,646$1,173$826$135
29 years$2,959$2,148$1,531$1,075$746$112
30 years$2,829$2,028$1,426$987$674$94
31 years$2,709$1,918$1,330$906$609$78
32 years$2,595$1,814$1,241$833$551$65
33 years$2,489$1,718$1,158$766$499$54
34 years$2,390$1,628$1,082$705$452$45
35 years$2,296$1,545$1,012$649$409$38
36 years$2,208$1,466$947$597$371$32
37 years$2,124$1,392$886$551$336$26
38 years$2,046$1,323$830$507$304$22
39 years$1,971$1,258$777$468$276$18
40 years$1,900$1,197$729$432$250$15
41 years$1,833$1,140$683$398$227$13
42 years$1,770$1,085$641$367$206$11
43 years$1,709$1,034$601$339$187$9
44 years$1,652$986$565$313$170$7
45 years$1,597$940$530$289$154$6
46 years$1,544$897$498$267$140$5
47 years$1,494$856$468$247$127$4
48 years$1,447$817$440$228$115$4
49 years$1,401$780$413$211$105$3
50 years$1,357$745$388$195$95$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,390,000, adding $5,163 every year, while hoping to spend $55,380 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: 65/6/29 Blend
43$1,390,000$1,390,000$1,390,000$1,390,000
44$1,537,106$1,463,436$1,441,891$1,624,873
45$1,634,967$1,476,220$1,431,270$1,697,665
46$1,740,953$1,487,775$1,418,438$1,770,611
47$1,855,836$1,497,981$1,403,261$1,849,146
48$1,980,462$1,506,713$1,385,601$1,933,828
49$2,115,762$1,513,835$1,365,312$2,025,272
50$2,262,762$1,519,205$1,342,242$2,124,158
51$2,422,589$1,522,671$1,316,232$2,231,235
52$2,596,482$1,524,071$1,287,114$2,347,333
53$2,785,806$1,523,234$1,254,716$2,473,365
54$2,992,062$1,519,976$1,218,853$2,610,340
55$3,216,903$1,514,105$1,179,335$2,759,374
56$3,462,146$1,505,416$1,135,962$2,921,695
57$3,729,794$1,493,690$1,088,525$3,098,661
58$4,022,048$1,478,697$1,036,806$3,291,771
59$4,341,335$1,460,191$980,577$3,502,678
60$4,690,324$1,437,912$919,599$3,733,207
61$5,071,954$1,411,587$853,623$3,985,371
62$5,489,462$1,380,923$782,387$4,261,392
63$5,946,410$1,345,612$705,621$4,563,722
64$6,446,724$1,305,327$623,039$4,895,066
65$6,994,724$1,259,722$534,345$5,258,409
66$7,595,168$1,208,431$439,228$5,657,044
67$8,253,298$1,151,066$337,365$6,094,603
68$8,974,885$1,087,219$228,417$6,575,094
69$9,766,285$1,016,455$112,031$7,102,937
70$10,634,502$938,317$0$7,683,009
71$11,587,246$852,320$0$8,324,455
72$12,633,013$757,951$0$9,066,680
73$13,781,160$654,670$0$9,881,651
74$15,041,995$541,906$0$10,776,713
75$16,426,872$419,053$0$11,759,961
76$17,948,301$285,474$0$12,840,314
77$19,620,060$140,495$0$14,027,598
78$21,457,332$0$0$15,332,643
79$23,476,840$0$0$16,768,476
80$25,697,011$0$0$18,357,272
81$28,138,142$0$0$20,104,296
82$30,822,601$0$0$22,025,565
83$33,775,027$0$0$24,138,729
84$37,022,568$0$0$26,463,232
85$40,595,137$0$0$29,020,498
86$44,525,691$0$0$31,834,133
87$48,850,542$0$0$34,930,145
88$53,609,699$0$0$38,337,192
89$58,847,246$0$0$42,086,850
90$64,611,759$0$0$46,213,909
91$70,956,757$0$0$50,756,705
92$77,941,216$0$0$55,757,479
93$85,630,115$0$0$61,262,776
94$94,095,057$0$0$67,323,881
95$103,414,940$0$0$73,997,306
96$113,676,699$0$0$81,345,321
97$124,976,131$0$0$89,436,544
98$137,418,794$0$0$98,346,582
99$151,121,005$0$0$108,158,750
100$166,210,933$0$0$118,964,855