Can I retire at age 44 with 1,410,000?

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 $1,410,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.4%
1 years$116,436$115,399$114,387$113,400$112,435$109,941
2 years$57,642$56,568$55,528$54,519$53,541$51,040
3 years$38,046$36,968$35,930$34,931$33,968$31,540
4 years$28,250$27,175$26,148$25,166$24,227$21,890
5 years$22,374$21,306$20,292$19,330$18,417$16,177
6 years$18,458$17,398$16,399$15,458$14,572$12,433
7 years$15,662$14,611$13,628$12,709$11,851$9,812
8 years$13,566$12,524$11,557$10,661$9,832$7,892
9 years$11,937$10,904$9,954$9,081$8,280$6,439
10 years$10,634$9,612$8,678$7,828$7,055$5,310
11 years$9,569$8,557$7,640$6,813$6,067$4,417
12 years$8,681$7,680$6,781$5,976$5,258$3,698
13 years$7,931$6,941$6,058$5,276$4,585$3,114
14 years$7,289$6,309$5,443$4,683$4,019$2,634
15 years$6,733$5,763$4,914$4,176$3,539$2,236
16 years$6,247$5,288$4,456$3,740$3,128$1,904
17 years$5,818$4,870$4,054$3,360$2,773$1,626
18 years$5,438$4,500$3,701$3,028$2,466$1,391
19 years$5,098$4,170$3,388$2,736$2,198$1,192
20 years$4,792$3,875$3,110$2,478$1,963$1,023
21 years$4,516$3,610$2,860$2,249$1,757$880
22 years$4,265$3,370$2,636$2,045$1,575$757
23 years$4,037$3,151$2,434$1,862$1,414$652
24 years$3,827$2,953$2,251$1,698$1,270$562
25 years$3,635$2,771$2,085$1,551$1,143$485
26 years$3,458$2,604$1,934$1,418$1,030$419
27 years$3,294$2,451$1,796$1,298$928$362
28 years$3,143$2,309$1,669$1,189$838$313
29 years$3,002$2,179$1,553$1,091$756$270
30 years$2,870$2,058$1,447$1,001$684$234
31 years$2,747$1,945$1,349$919$618$202
32 years$2,633$1,840$1,259$845$559$175
33 years$2,525$1,743$1,175$777$506$151
34 years$2,424$1,652$1,098$715$458$131
35 years$2,329$1,567$1,026$658$415$113
36 years$2,239$1,487$960$606$376$98
37 years$2,155$1,412$899$558$341$85
38 years$2,075$1,342$842$515$309$74
39 years$1,999$1,276$789$475$280$64
40 years$1,928$1,214$739$438$254$55
41 years$1,860$1,156$693$404$230$48
42 years$1,795$1,101$650$373$209$41
43 years$1,734$1,049$610$344$190$36
44 years$1,675$1,000$573$318$172$31
45 years$1,620$953$538$293$156$27
46 years$1,566$910$505$271$142$23
47 years$1,516$868$474$250$129$20
48 years$1,467$829$446$231$117$18
49 years$1,421$791$419$214$106$15
50 years$1,377$756$394$198$97$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,410,000, adding $2,971 every year, while hoping to spend $26,197 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: 24/47/29 Blend
43$1,410,000$1,410,000$1,410,000$1,410,000
44$1,556,885$1,482,155$1,460,300$1,580,010
45$1,687,813$1,526,907$1,481,346$1,644,780
46$1,831,219$1,572,974$1,502,220$1,711,727
47$1,988,346$1,620,392$1,522,887$1,782,909
48$2,160,566$1,669,200$1,543,313$1,858,697
49$2,349,389$1,719,436$1,563,459$1,939,498
50$2,556,478$1,771,140$1,583,286$2,025,759
51$2,783,664$1,824,351$1,602,752$2,117,974
52$3,032,966$1,879,113$1,621,812$2,216,681
53$3,306,606$1,935,467$1,640,420$2,322,477
54$3,607,032$1,993,457$1,658,526$2,436,016
55$3,936,941$2,053,127$1,676,078$2,558,016
56$4,299,303$2,114,525$1,693,021$2,689,271
57$4,697,391$2,177,696$1,709,296$2,830,651
58$5,134,810$2,242,688$1,724,843$2,983,115
59$5,615,532$2,309,551$1,739,596$3,147,719
60$6,143,932$2,378,334$1,753,488$3,325,624
61$6,724,831$2,449,091$1,766,448$3,518,109
62$7,363,539$2,521,872$1,778,400$3,726,583
63$8,065,908$2,596,731$1,789,264$3,952,594
64$8,838,384$2,673,725$1,798,958$4,197,852
65$9,688,070$2,752,908$1,807,394$4,464,236
66$10,622,791$2,834,339$1,814,479$4,753,816
67$11,651,170$2,918,075$1,820,119$5,068,873
68$12,782,707$3,004,178$1,824,210$5,411,918
69$14,027,868$3,092,708$1,826,646$5,785,719
70$15,398,187$3,183,727$1,827,315$6,193,323
71$16,906,373$3,277,301$1,826,101$6,638,087
72$18,566,427$3,373,492$1,822,879$7,123,711
73$20,393,778$3,472,369$1,817,521$7,654,268
74$22,405,426$3,573,998$1,809,891$8,234,248
75$24,620,104$3,678,449$1,799,847$8,868,596
76$27,058,454$3,785,791$1,787,241$9,562,763
77$29,743,218$3,896,097$1,771,916$10,322,752
78$32,699,460$4,009,439$1,753,708$11,155,178
79$35,954,795$4,125,892$1,732,447$12,067,332
80$39,539,654$4,245,530$1,707,954$13,067,244
81$43,487,568$4,368,431$1,680,041$14,163,765
82$47,835,489$4,494,673$1,648,511$15,366,647
83$52,624,131$4,624,334$1,613,158$16,686,637
84$57,898,361$4,757,496$1,573,768$18,135,575
85$63,707,620$4,894,239$1,530,115$19,726,512
86$70,106,388$5,034,647$1,481,965$21,473,825
87$77,154,699$5,178,804$1,429,069$23,393,362
88$84,918,707$5,326,794$1,371,172$25,502,583
89$93,471,312$5,478,704$1,308,003$27,820,730
90$102,892,846$5,634,621$1,239,282$30,369,009
91$113,271,832$5,794,633$1,164,713$33,170,787
92$124,705,817$5,958,829$1,083,990$36,251,816
93$137,302,297$6,127,298$996,790$39,640,475
94$151,179,728$6,300,132$902,779$43,368,036
95$166,468,643$6,477,422$801,605$47,468,963
96$183,312,888$6,659,259$692,902$51,981,237
97$201,870,976$6,845,736$576,288$56,946,712
98$222,317,584$7,036,945$451,362$62,411,514
99$244,845,204$7,232,981$317,708$68,426,472
100$269,665,953$7,433,936$174,891$75,047,604