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%18.4%
1 years$116,436$115,399$114,387$113,400$112,435$108,619
2 years$57,642$56,568$55,528$54,519$53,541$49,734
3 years$38,046$36,968$35,930$34,931$33,968$30,291
4 years$28,250$27,175$26,148$25,166$24,227$20,706
5 years$22,374$21,306$20,292$19,330$18,417$15,063
6 years$18,458$17,398$16,399$15,458$14,572$11,388
7 years$15,662$14,611$13,628$12,709$11,851$8,836
8 years$13,566$12,524$11,557$10,661$9,832$6,983
9 years$11,937$10,904$9,954$9,081$8,280$5,594
10 years$10,634$9,612$8,678$7,828$7,055$4,528
11 years$9,569$8,557$7,640$6,813$6,067$3,694
12 years$8,681$7,680$6,781$5,976$5,258$3,033
13 years$7,931$6,941$6,058$5,276$4,585$2,503
14 years$7,289$6,309$5,443$4,683$4,019$2,073
15 years$6,733$5,763$4,914$4,176$3,539$1,723
16 years$6,247$5,288$4,456$3,740$3,128$1,436
17 years$5,818$4,870$4,054$3,360$2,773$1,200
18 years$5,438$4,500$3,701$3,028$2,466$1,004
19 years$5,098$4,170$3,388$2,736$2,198$841
20 years$4,792$3,875$3,110$2,478$1,963$706
21 years$4,516$3,610$2,860$2,249$1,757$593
22 years$4,265$3,370$2,636$2,045$1,575$499
23 years$4,037$3,151$2,434$1,862$1,414$419
24 years$3,827$2,953$2,251$1,698$1,270$353
25 years$3,635$2,771$2,085$1,551$1,143$297
26 years$3,458$2,604$1,934$1,418$1,030$251
27 years$3,294$2,451$1,796$1,298$928$211
28 years$3,143$2,309$1,669$1,189$838$178
29 years$3,002$2,179$1,553$1,091$756$150
30 years$2,870$2,058$1,447$1,001$684$127
31 years$2,747$1,945$1,349$919$618$107
32 years$2,633$1,840$1,259$845$559$90
33 years$2,525$1,743$1,175$777$506$76
34 years$2,424$1,652$1,098$715$458$64
35 years$2,329$1,567$1,026$658$415$54
36 years$2,239$1,487$960$606$376$46
37 years$2,155$1,412$899$558$341$39
38 years$2,075$1,342$842$515$309$33
39 years$1,999$1,276$789$475$280$28
40 years$1,928$1,214$739$438$254$23
41 years$1,860$1,156$693$404$230$20
42 years$1,795$1,101$650$373$209$17
43 years$1,734$1,049$610$344$190$14
44 years$1,675$1,000$573$318$172$12
45 years$1,620$953$538$293$156$10
46 years$1,566$910$505$271$142$8
47 years$1,516$868$474$250$129$7
48 years$1,467$829$446$231$117$6
49 years$1,421$791$419$214$106$5
50 years$1,377$756$394$198$97$4

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 $5,067 every year, while hoping to spend $27,339 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: 66/21/13 Blend
43$1,410,000$1,410,000$1,410,000$1,410,000
44$1,559,047$1,484,317$1,462,462$1,656,967
45$1,688,981$1,527,960$1,482,366$1,766,571
46$1,831,252$1,572,825$1,502,020$1,882,647
47$1,987,090$1,618,943$1,521,388$2,008,830
48$2,157,848$1,666,347$1,540,429$2,146,107
49$2,345,018$1,715,067$1,559,103$2,295,563
50$2,550,242$1,765,138$1,577,366$2,458,396
51$2,775,329$1,816,592$1,595,170$2,635,920
52$3,022,272$1,869,463$1,612,466$2,829,588
53$3,293,263$1,923,787$1,629,204$3,040,995
54$3,590,722$1,979,598$1,645,328$3,271,900
55$3,917,310$2,036,933$1,660,781$3,524,239
56$4,275,961$2,095,828$1,675,502$3,800,147
57$4,669,905$2,156,320$1,689,428$4,101,973
58$5,102,702$2,218,446$1,702,490$4,432,305
59$5,578,273$2,282,245$1,714,619$4,793,993
60$6,100,938$2,347,756$1,725,740$5,190,180
61$6,675,455$2,415,018$1,735,774$5,624,322
62$7,307,068$2,484,071$1,744,639$6,100,234
63$8,001,554$2,554,955$1,752,249$6,622,111
64$8,765,276$2,627,711$1,758,513$7,194,582
65$9,605,245$2,702,380$1,763,334$7,822,740
66$10,529,188$2,779,005$1,766,614$8,512,202
67$11,545,615$2,857,626$1,768,245$9,269,153
68$12,663,905$2,938,287$1,768,119$10,100,408
69$13,894,391$3,021,030$1,766,118$11,013,477
70$15,248,457$3,105,899$1,762,122$12,016,633
71$16,738,649$3,192,938$1,756,002$13,118,994
72$18,378,788$3,282,188$1,747,625$14,330,604
73$20,184,104$3,373,695$1,736,850$15,662,530
74$22,171,379$3,467,503$1,723,531$17,126,969
75$24,359,103$3,563,654$1,707,513$18,737,359
76$26,767,653$3,662,194$1,688,635$20,508,506
77$29,419,477$3,763,165$1,666,728$22,456,727
78$32,339,316$3,866,612$1,641,616$24,600,001
79$35,554,428$3,972,579$1,613,112$26,958,140
80$39,094,852$4,081,107$1,581,023$29,552,973
81$42,993,686$4,192,240$1,545,147$32,408,556
82$47,287,402$4,306,020$1,505,270$35,551,398
83$52,016,191$4,422,489$1,461,170$39,010,710
84$57,224,339$4,541,688$1,412,615$42,818,678
85$62,960,647$4,663,655$1,359,363$47,010,775
86$69,278,889$4,788,431$1,301,159$51,626,086
87$76,238,325$4,916,053$1,237,736$56,707,683
88$83,904,252$5,046,558$1,168,818$62,303,031
89$92,348,627$5,179,980$1,094,115$68,464,433
90$101,650,741$5,316,354$1,013,322$75,249,528
91$111,897,972$5,455,710$926,123$82,721,830
92$123,186,604$5,598,079$832,187$90,951,332
93$135,622,740$5,743,487$731,168$100,015,165
94$149,323,302$5,891,960$622,705$109,998,325
95$164,417,133$6,043,520$506,419$120,994,477
96$181,046,214$6,198,187$381,918$133,106,839
97$199,367,006$6,355,976$248,791$146,449,155
98$219,551,922$6,516,900$106,606$161,146,772
99$241,790,958$6,680,968$0$177,337,819
100$266,293,485$6,848,185$0$195,180,774