Can I retire at age 44 with 1,400,000?

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 $1,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$115,611$114,581$113,576$112,596$111,638$108,587
2 years$57,233$56,167$55,134$54,132$53,161$50,109
3 years$37,776$36,706$35,675$34,683$33,727$30,771
4 years$28,050$26,983$25,963$24,987$24,055$21,216
5 years$22,216$21,155$20,148$19,193$18,286$15,573
6 years$18,327$17,274$16,283$15,349$14,469$11,884
7 years$15,551$14,507$13,531$12,619$11,767$9,310
8 years$13,470$12,435$11,475$10,586$9,762$7,432
9 years$11,852$10,827$9,884$9,017$8,221$6,015
10 years$10,558$9,544$8,617$7,772$7,005$4,921
11 years$9,501$8,496$7,586$6,764$6,024$4,059
12 years$8,620$7,626$6,732$5,933$5,221$3,370
13 years$7,875$6,891$6,015$5,238$4,552$2,813
14 years$7,237$6,264$5,405$4,650$3,991$2,358
15 years$6,685$5,722$4,880$4,147$3,514$1,984
16 years$6,203$5,250$4,424$3,713$3,105$1,674
17 years$5,777$4,835$4,026$3,336$2,753$1,416
18 years$5,399$4,468$3,675$3,007$2,448$1,200
19 years$5,062$4,141$3,364$2,717$2,182$1,018
20 years$4,758$3,848$3,088$2,460$1,949$866
21 years$4,484$3,584$2,840$2,233$1,744$737
22 years$4,235$3,346$2,617$2,030$1,563$628
23 years$4,008$3,129$2,417$1,849$1,403$535
24 years$3,800$2,932$2,235$1,686$1,261$457
25 years$3,609$2,751$2,070$1,540$1,135$390
26 years$3,434$2,586$1,920$1,408$1,022$333
27 years$3,271$2,434$1,783$1,289$922$285
28 years$3,120$2,293$1,657$1,181$832$243
29 years$2,980$2,163$1,542$1,083$751$208
30 years$2,850$2,043$1,437$994$679$178
31 years$2,728$1,931$1,339$913$614$152
32 years$2,614$1,827$1,250$839$555$130
33 years$2,507$1,731$1,167$771$502$112
34 years$2,407$1,640$1,090$710$455$96
35 years$2,312$1,556$1,019$653$412$82
36 years$2,224$1,477$953$602$373$70
37 years$2,140$1,402$892$554$338$60
38 years$2,060$1,333$836$511$307$51
39 years$1,985$1,267$783$471$278$44
40 years$1,914$1,206$734$435$252$38
41 years$1,847$1,148$688$401$229$32
42 years$1,782$1,093$646$370$208$28
43 years$1,721$1,042$606$342$188$24
44 years$1,663$993$569$315$171$20
45 years$1,608$947$534$291$155$17
46 years$1,555$903$501$269$141$15
47 years$1,505$862$471$249$128$13
48 years$1,457$823$443$230$116$11
49 years$1,411$786$416$212$106$9
50 years$1,367$751$391$196$96$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,400,000, adding $4,410 every year, while hoping to spend $37,069 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: 63/20/17 Blend
43$1,400,000$1,400,000$1,400,000$1,400,000
44$1,547,349$1,473,149$1,451,449$1,637,979
45$1,665,737$1,505,892$1,460,631$1,732,162
46$1,794,959$1,538,997$1,468,879$1,830,369
47$1,936,080$1,572,443$1,476,121$1,936,735
48$2,090,273$1,606,206$1,482,284$2,052,057
49$2,258,830$1,640,259$1,487,290$2,177,213
50$2,443,174$1,674,575$1,491,058$2,313,169
51$2,644,870$1,709,122$1,493,500$2,460,991
52$2,865,643$1,743,864$1,494,528$2,621,853
53$3,107,390$1,778,766$1,494,047$2,797,050
54$3,372,204$1,813,785$1,491,958$2,988,006
55$3,662,386$1,848,878$1,488,156$3,196,294
56$3,980,473$1,883,996$1,482,532$3,423,643
57$4,329,257$1,919,088$1,474,973$3,671,964
58$4,711,814$1,954,096$1,465,357$3,943,357
59$5,131,533$1,988,961$1,453,561$4,240,141
60$5,592,145$2,023,616$1,439,451$4,564,871
61$6,097,761$2,057,991$1,422,890$4,920,360
62$6,652,910$2,092,009$1,403,734$5,309,711
63$7,262,579$2,125,590$1,381,831$5,736,345
64$7,932,263$2,158,644$1,357,023$6,204,029
65$8,668,015$2,191,079$1,329,145$6,716,918
66$9,476,503$2,222,793$1,298,022$7,279,588
67$10,365,075$2,253,678$1,263,474$7,897,088
68$11,341,822$2,283,618$1,225,310$8,574,977
69$12,415,663$2,312,490$1,183,333$9,319,386
70$13,596,420$2,340,161$1,137,334$10,137,070
71$14,894,916$2,366,491$1,087,096$11,035,477
72$16,323,077$2,391,328$1,032,393$12,022,813
73$17,894,039$2,414,511$972,986$13,108,125
74$19,622,279$2,435,870$908,629$14,301,383
75$21,523,745$2,455,222$839,062$15,613,576
76$23,616,011$2,472,372$764,015$17,056,816
77$25,918,439$2,487,112$683,204$18,644,453
78$28,452,362$2,499,223$596,333$20,391,200
79$31,241,288$2,508,470$503,096$22,313,275
80$34,311,118$2,514,604$403,168$24,428,550
81$37,690,393$2,517,360$296,215$26,756,725
82$41,410,559$2,516,457$181,884$29,319,513
83$45,506,268$2,511,595$59,809$32,140,844
84$50,015,701$2,502,458$0$35,247,093
85$54,980,933$2,488,708$0$38,680,110
86$60,448,323$2,469,989$0$42,471,561
87$66,468,955$2,445,922$0$46,645,971
88$73,099,121$2,416,105$0$51,242,336
89$80,400,850$2,380,113$0$56,303,631
90$88,442,492$2,337,494$0$61,877,213
91$97,299,366$2,287,770$0$68,015,273
92$107,054,466$2,230,436$0$74,775,323
93$117,799,249$2,164,955$0$82,220,747
94$129,634,495$2,090,760$0$90,421,390
95$142,671,257$2,007,251$0$99,454,228
96$157,031,911$1,913,792$0$109,404,086
97$172,851,310$1,809,712$0$120,364,446
98$190,278,055$1,694,300$0$132,438,326
99$209,475,900$1,566,803$0$145,739,256
100$230,625,293$1,426,428$0$160,392,347