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

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 $1,400,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.3%
1 years$115,611$114,581$113,576$112,596$111,638$110,564
2 years$57,233$56,167$55,134$54,132$53,161$52,079
3 years$37,776$36,706$35,675$34,683$33,727$32,671
4 years$28,050$26,983$25,963$24,987$24,055$23,032
5 years$22,216$21,155$20,148$19,193$18,286$17,300
6 years$18,327$17,274$16,283$15,349$14,469$13,522
7 years$15,551$14,507$13,531$12,619$11,767$10,858
8 years$13,470$12,435$11,475$10,586$9,762$8,891
9 years$11,852$10,827$9,884$9,017$8,221$7,388
10 years$10,558$9,544$8,617$7,772$7,005$6,210
11 years$9,501$8,496$7,586$6,764$6,024$5,266
12 years$8,620$7,626$6,732$5,933$5,221$4,499
13 years$7,875$6,891$6,015$5,238$4,552$3,866
14 years$7,237$6,264$5,405$4,650$3,991$3,338
15 years$6,685$5,722$4,880$4,147$3,514$2,895
16 years$6,203$5,250$4,424$3,713$3,105$2,519
17 years$5,777$4,835$4,026$3,336$2,753$2,199
18 years$5,399$4,468$3,675$3,007$2,448$1,924
19 years$5,062$4,141$3,364$2,717$2,182$1,687
20 years$4,758$3,848$3,088$2,460$1,949$1,482
21 years$4,484$3,584$2,840$2,233$1,744$1,304
22 years$4,235$3,346$2,617$2,030$1,563$1,149
23 years$4,008$3,129$2,417$1,849$1,403$1,014
24 years$3,800$2,932$2,235$1,686$1,261$896
25 years$3,609$2,751$2,070$1,540$1,135$792
26 years$3,434$2,586$1,920$1,408$1,022$701
27 years$3,271$2,434$1,783$1,289$922$620
28 years$3,120$2,293$1,657$1,181$832$550
29 years$2,980$2,163$1,542$1,083$751$487
30 years$2,850$2,043$1,437$994$679$432
31 years$2,728$1,931$1,339$913$614$384
32 years$2,614$1,827$1,250$839$555$340
33 years$2,507$1,731$1,167$771$502$302
34 years$2,407$1,640$1,090$710$455$269
35 years$2,312$1,556$1,019$653$412$239
36 years$2,224$1,477$953$602$373$212
37 years$2,140$1,402$892$554$338$189
38 years$2,060$1,333$836$511$307$168
39 years$1,985$1,267$783$471$278$149
40 years$1,914$1,206$734$435$252$133
41 years$1,847$1,148$688$401$229$118
42 years$1,782$1,093$646$370$208$105
43 years$1,721$1,042$606$342$188$93
44 years$1,663$993$569$315$171$83
45 years$1,608$947$534$291$155$74
46 years$1,555$903$501$269$141$66
47 years$1,505$862$471$249$128$59
48 years$1,457$823$443$230$116$52
49 years$1,411$786$416$212$106$46
50 years$1,367$751$391$196$96$41

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 $6,687 every year, while hoping to spend $50,747 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: 66/15/19 Blend
43$1,400,000$1,400,000$1,400,000$1,400,000
44$1,549,698$1,475,498$1,453,798$1,644,212
45$1,653,772$1,493,803$1,448,505$1,726,683
46$1,766,762$1,511,304$1,441,335$1,810,346
47$1,889,522$1,527,908$1,432,170$1,900,587
48$2,022,994$1,543,516$1,420,889$1,998,051
49$2,168,213$1,558,022$1,407,362$2,103,450
50$2,326,320$1,571,314$1,391,458$2,217,568
51$2,498,567$1,583,271$1,373,034$2,341,271
52$2,686,334$1,593,765$1,351,944$2,475,514
53$2,891,141$1,602,660$1,328,035$2,621,350
54$3,114,658$1,609,811$1,301,145$2,779,940
55$3,358,726$1,615,064$1,271,106$2,952,566
56$3,625,369$1,618,255$1,237,741$3,140,639
57$3,916,817$1,619,211$1,200,866$3,345,718
58$4,235,525$1,617,745$1,160,288$3,569,522
59$4,584,196$1,613,662$1,115,805$3,813,947
60$4,965,806$1,606,753$1,067,206$4,081,082
61$5,383,632$1,596,798$1,014,272$4,373,234
62$5,841,283$1,583,561$956,770$4,692,944
63$6,342,732$1,566,794$894,460$5,043,018
64$6,892,357$1,546,233$827,090$5,426,548
65$7,494,977$1,521,599$754,398$5,846,944
66$8,155,903$1,492,594$676,108$6,307,967
67$8,880,980$1,458,907$591,933$6,813,765
68$9,676,650$1,420,204$501,573$7,368,911
69$10,550,008$1,376,133$404,715$7,978,448
70$11,508,868$1,326,322$301,031$8,647,939
71$12,561,838$1,270,378$190,182$9,383,515
72$13,718,402$1,207,883$71,809$10,191,938
73$14,989,006$1,138,396$0$11,080,664
74$16,385,158$1,061,451$0$12,068,965
75$17,919,537$976,555$0$13,171,109
76$19,606,110$883,187$0$14,382,599
77$21,460,266$780,795$0$15,714,539
78$23,498,956$668,798$0$17,179,167
79$25,740,860$546,579$0$18,789,972
80$28,206,556$413,490$0$20,561,817
81$30,918,717$268,843$0$22,511,085
82$33,902,324$111,914$0$24,655,830
83$37,184,900$0$0$27,015,949
84$40,796,772$0$0$29,622,957
85$44,771,354$0$0$32,512,195
86$49,145,463$0$0$35,691,968
87$53,959,665$0$0$39,191,779
88$59,258,658$0$0$43,044,137
89$65,091,695$0$0$47,284,861
90$71,513,044$0$0$51,953,422
91$78,582,503$0$0$57,093,308
92$86,365,964$0$0$62,752,444
93$94,936,031$0$0$68,983,633
94$104,372,709$0$0$75,845,062
95$114,764,153$0$0$83,400,847
96$126,207,506$0$0$91,721,640
97$138,809,809$0$0$100,885,291
98$152,689,015$0$0$110,977,589
99$167,975,098$0$0$122,093,063
100$184,811,285$0$0$134,335,883