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%16%
1 years$114,785$113,762$112,765$111,791$110,841$108,117
2 years$56,824$55,766$54,740$53,746$52,781$50,054
3 years$37,507$36,444$35,421$34,435$33,487$30,841
4 years$27,850$26,790$25,777$24,809$23,883$21,340
5 years$22,057$21,004$20,004$19,056$18,155$15,721
6 years$18,196$17,151$16,166$15,239$14,366$12,043
7 years$15,440$14,403$13,434$12,529$11,683$9,472
8 years$13,374$12,346$11,393$10,510$9,692$7,592
9 years$11,767$10,750$9,813$8,952$8,162$6,172
10 years$10,483$9,475$8,555$7,717$6,955$5,071
11 years$9,433$8,435$7,532$6,716$5,981$4,202
12 years$8,558$7,571$6,684$5,891$5,183$3,505
13 years$7,819$6,842$5,972$5,201$4,520$2,939
14 years$7,186$6,219$5,366$4,617$3,962$2,476
15 years$6,637$5,681$4,845$4,117$3,489$2,093
16 years$6,158$5,213$4,392$3,687$3,083$1,775
17 years$5,736$4,801$3,997$3,312$2,734$1,508
18 years$5,361$4,436$3,649$2,985$2,431$1,285
19 years$5,025$4,111$3,340$2,697$2,167$1,096
20 years$4,724$3,820$3,065$2,443$1,935$937
21 years$4,452$3,559$2,820$2,217$1,732$802
22 years$4,205$3,322$2,599$2,016$1,552$687
23 years$3,979$3,107$2,399$1,836$1,393$589
24 years$3,773$2,911$2,219$1,674$1,252$505
25 years$3,584$2,732$2,055$1,529$1,127$434
26 years$3,409$2,567$1,906$1,398$1,015$373
27 years$3,248$2,416$1,770$1,280$915$320
28 years$3,098$2,277$1,646$1,173$826$275
29 years$2,959$2,148$1,531$1,075$746$237
30 years$2,829$2,028$1,426$987$674$204
31 years$2,709$1,918$1,330$906$609$175
32 years$2,595$1,814$1,241$833$551$151
33 years$2,489$1,718$1,158$766$499$130
34 years$2,390$1,628$1,082$705$452$112
35 years$2,296$1,545$1,012$649$409$96
36 years$2,208$1,466$947$597$371$83
37 years$2,124$1,392$886$551$336$72
38 years$2,046$1,323$830$507$304$62
39 years$1,971$1,258$777$468$276$53
40 years$1,900$1,197$729$432$250$46
41 years$1,833$1,140$683$398$227$39
42 years$1,770$1,085$641$367$206$34
43 years$1,709$1,034$601$339$187$29
44 years$1,652$986$565$313$170$25
45 years$1,597$940$530$289$154$22
46 years$1,544$897$498$267$140$19
47 years$1,494$856$468$247$127$16
48 years$1,447$817$440$228$115$14
49 years$1,401$780$413$211$105$12
50 years$1,357$745$388$195$95$10

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 $4,098 every year, while hoping to spend $23,664 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: 54/37/9 Blend
43$1,390,000$1,390,000$1,390,000$1,390,000
44$1,536,007$1,462,337$1,440,792$1,615,317
45$1,667,501$1,508,813$1,463,880$1,715,995
46$1,811,615$1,556,774$1,486,949$1,822,575
47$1,969,610$1,606,266$1,509,972$1,938,008
48$2,142,877$1,657,340$1,532,923$2,063,138
49$2,332,947$1,710,046$1,555,772$2,198,893
50$2,541,506$1,764,436$1,578,488$2,346,294
51$2,770,412$1,820,566$1,601,040$2,506,465
52$3,021,710$1,878,490$1,623,392$2,680,642
53$3,297,656$1,938,267$1,645,507$2,870,185
54$3,600,732$1,999,957$1,667,346$3,076,592
55$3,933,673$2,063,622$1,688,869$3,301,511
56$4,299,493$2,129,324$1,710,031$3,546,755
57$4,701,510$2,197,130$1,730,786$3,814,321
58$5,143,383$2,267,108$1,751,086$4,106,407
59$5,629,140$2,339,328$1,770,879$4,425,433
60$6,163,219$2,413,863$1,790,111$4,774,064
61$6,750,512$2,490,786$1,808,724$5,155,234
62$7,396,406$2,570,177$1,826,658$5,572,174
63$8,106,837$2,652,113$1,843,849$6,028,441
64$8,888,346$2,736,679$1,860,230$6,527,953
65$9,748,140$2,823,958$1,875,729$7,075,026
66$10,694,158$2,914,040$1,890,274$7,674,410
67$11,735,148$3,007,014$1,903,784$8,331,342
68$12,880,750$3,102,974$1,916,178$9,051,584
69$14,141,585$3,202,019$1,927,368$9,841,488
70$15,529,356$3,304,247$1,937,264$10,708,048
71$17,056,957$3,409,761$1,945,769$11,658,969
72$18,738,597$3,518,670$1,952,783$12,702,738
73$20,589,932$3,631,083$1,958,199$13,848,704
74$22,628,213$3,747,114$1,961,907$15,107,169
75$24,872,449$3,866,881$1,963,789$16,489,478
76$27,343,586$3,990,506$1,963,724$18,008,132
77$30,064,705$4,118,114$1,961,582$19,676,902
78$33,061,238$4,249,835$1,957,228$21,510,962
79$36,361,211$4,385,803$1,950,521$23,527,028
80$39,995,504$4,526,157$1,941,313$25,743,516
81$43,998,147$4,671,040$1,929,449$28,180,717
82$48,406,637$4,820,600$1,914,764$30,860,989
83$53,262,294$4,974,989$1,897,089$33,808,963
84$58,610,651$5,134,367$1,876,245$37,051,780
85$64,501,882$5,298,896$1,852,043$40,619,344
86$70,991,277$5,468,744$1,824,289$44,544,603
87$78,139,760$5,644,086$1,792,777$48,863,863
88$86,014,472$5,825,102$1,757,291$53,617,126
89$94,689,394$6,011,978$1,717,606$58,848,469
90$104,246,055$6,204,907$1,673,488$64,606,461
91$114,774,292$6,404,087$1,624,689$70,944,617
92$126,373,106$6,609,724$1,570,953$77,921,907
93$139,151,592$6,822,030$1,512,009$85,603,308
94$153,229,970$7,041,224$1,447,577$94,060,419
95$168,740,716$7,267,534$1,377,360$103,372,137
96$185,829,820$7,501,194$1,301,052$113,625,399
97$204,658,155$7,742,445$1,218,331$124,916,001
98$225,403,001$7,991,540$1,128,859$137,349,506
99$248,259,718$8,248,736$1,032,286$151,042,236
100$273,443,586$8,514,301$928,245$166,122,372