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

Use the below retirement simulation to view the chances of a successful retirement.
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%16.3%
1 years$114,785$113,762$112,765$111,791$110,841$107,986
2 years$56,824$55,766$54,740$53,746$52,781$49,924
3 years$37,507$36,444$35,421$34,435$33,487$30,716
4 years$27,850$26,790$25,777$24,809$23,883$21,221
5 years$22,057$21,004$20,004$19,056$18,155$15,609
6 years$18,196$17,151$16,166$15,239$14,366$11,938
7 years$15,440$14,403$13,434$12,529$11,683$9,374
8 years$13,374$12,346$11,393$10,510$9,692$7,500
9 years$11,767$10,750$9,813$8,952$8,162$6,085
10 years$10,483$9,475$8,555$7,717$6,955$4,991
11 years$9,433$8,435$7,532$6,716$5,981$4,127
12 years$8,558$7,571$6,684$5,891$5,183$3,436
13 years$7,819$6,842$5,972$5,201$4,520$2,876
14 years$7,186$6,219$5,366$4,617$3,962$2,417
15 years$6,637$5,681$4,845$4,117$3,489$2,039
16 years$6,158$5,213$4,392$3,687$3,083$1,725
17 years$5,736$4,801$3,997$3,312$2,734$1,463
18 years$5,361$4,436$3,649$2,985$2,431$1,244
19 years$5,025$4,111$3,340$2,697$2,167$1,059
20 years$4,724$3,820$3,065$2,443$1,935$903
21 years$4,452$3,559$2,820$2,217$1,732$771
22 years$4,205$3,322$2,599$2,016$1,552$659
23 years$3,979$3,107$2,399$1,836$1,393$564
24 years$3,773$2,911$2,219$1,674$1,252$482
25 years$3,584$2,732$2,055$1,529$1,127$413
26 years$3,409$2,567$1,906$1,398$1,015$354
27 years$3,248$2,416$1,770$1,280$915$304
28 years$3,098$2,277$1,646$1,173$826$260
29 years$2,959$2,148$1,531$1,075$746$223
30 years$2,829$2,028$1,426$987$674$192
31 years$2,709$1,918$1,330$906$609$165
32 years$2,595$1,814$1,241$833$551$141
33 years$2,489$1,718$1,158$766$499$121
34 years$2,390$1,628$1,082$705$452$104
35 years$2,296$1,545$1,012$649$409$90
36 years$2,208$1,466$947$597$371$77
37 years$2,124$1,392$886$551$336$66
38 years$2,046$1,323$830$507$304$57
39 years$1,971$1,258$777$468$276$49
40 years$1,900$1,197$729$432$250$42
41 years$1,833$1,140$683$398$227$36
42 years$1,770$1,085$641$367$206$31
43 years$1,709$1,034$601$339$187$27
44 years$1,652$986$565$313$170$23
45 years$1,597$940$530$289$154$20
46 years$1,544$897$498$267$140$17
47 years$1,494$856$468$247$127$15
48 years$1,447$817$440$228$115$13
49 years$1,401$780$413$211$105$11
50 years$1,357$745$388$195$95$9

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 $6,100 every year, while hoping to spend $36,193 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: 32/49/19 Blend
43$1,390,000$1,390,000$1,390,000$1,390,000
44$1,538,072$1,464,402$1,442,857$1,578,033
45$1,656,446$1,497,649$1,452,684$1,641,619
46$1,785,682$1,531,311$1,461,627$1,706,328
47$1,926,848$1,565,372$1,469,618$1,775,264
48$2,081,123$1,599,812$1,476,586$1,848,819
49$2,249,802$1,634,607$1,482,456$1,927,424
50$2,434,313$1,669,734$1,487,150$2,011,554
51$2,636,228$1,705,166$1,490,584$2,101,733
52$2,857,277$1,740,873$1,492,673$2,198,540
53$3,099,366$1,776,822$1,493,324$2,302,611
54$3,364,593$1,812,979$1,492,442$2,414,651
55$3,655,270$1,849,303$1,489,927$2,535,433
56$3,973,942$1,885,753$1,485,674$2,665,814
57$4,323,412$1,922,283$1,479,572$2,806,738
58$4,706,768$1,958,843$1,471,506$2,959,243
59$5,127,411$1,995,379$1,461,354$3,124,480
60$5,589,087$2,031,833$1,448,990$3,303,713
61$6,095,922$2,068,141$1,434,279$3,498,339
62$6,652,462$2,104,236$1,417,084$3,709,900
63$7,263,714$2,140,044$1,397,257$3,940,094
64$7,935,194$2,175,488$1,374,646$4,190,796
65$8,672,978$2,210,481$1,349,091$4,464,075
66$9,483,760$2,244,933$1,320,424$4,762,211
67$10,374,916$2,278,747$1,288,471$5,087,721
68$11,354,570$2,311,818$1,253,046$5,443,380
69$12,431,672$2,344,033$1,213,960$5,832,249
70$13,616,086$2,375,274$1,171,011$6,257,706
71$14,918,676$2,405,412$1,123,989$6,723,475
72$16,351,413$2,434,309$1,072,675$7,233,664
73$17,927,487$2,461,820$1,016,839$7,792,804
74$19,661,430$2,487,788$956,243$8,405,893
75$21,569,253$2,512,047$890,634$9,078,441
76$23,668,599$2,534,419$819,752$9,816,529
77$25,978,905$2,554,715$743,322$10,626,859
78$28,521,589$2,572,732$661,060$11,516,825
79$31,320,252$2,588,256$572,666$12,494,580
80$34,400,896$2,601,060$477,829$13,569,117
81$37,792,175$2,610,898$376,223$14,750,349
82$41,525,659$2,617,515$267,509$16,049,211
83$45,636,136$2,620,634$151,331$17,477,761
84$50,161,941$2,619,963$27,319$19,049,293
85$55,145,312$2,615,194$0$20,778,468
86$60,632,792$2,605,997$0$22,702,742
87$66,675,669$2,592,024$0$24,825,943
88$73,330,457$2,572,902$0$27,162,264
89$80,659,431$2,548,241$0$29,733,463
90$88,731,211$2,517,624$0$32,563,525
91$97,621,416$2,480,608$0$35,678,887
92$107,413,369$2,436,727$0$39,108,692
93$118,198,891$2,385,485$0$42,885,065
94$130,079,160$2,326,356$0$47,043,413
95$143,165,673$2,258,786$0$51,622,770
96$157,581,290$2,182,185$0$56,666,157
97$173,461,401$2,095,932$0$62,220,998
98$190,955,199$1,999,367$0$68,339,564
99$210,227,086$1,891,793$0$75,079,471
100$231,458,232$1,772,474$0$82,504,228