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%12.9%
1 years$116,436$115,399$114,387$113,400$112,435$111,076
2 years$57,642$56,568$55,528$54,519$53,541$52,173
3 years$38,046$36,968$35,930$34,931$33,968$32,635
4 years$28,250$27,175$26,148$25,166$24,227$22,937
5 years$22,374$21,306$20,292$19,330$18,417$17,175
6 years$18,458$17,398$16,399$15,458$14,572$13,380
7 years$15,662$14,611$13,628$12,709$11,851$10,709
8 years$13,566$12,524$11,557$10,661$9,832$8,739
9 years$11,937$10,904$9,954$9,081$8,280$7,236
10 years$10,634$9,612$8,678$7,828$7,055$6,060
11 years$9,569$8,557$7,640$6,813$6,067$5,120
12 years$8,681$7,680$6,781$5,976$5,258$4,357
13 years$7,931$6,941$6,058$5,276$4,585$3,730
14 years$7,289$6,309$5,443$4,683$4,019$3,208
15 years$6,733$5,763$4,914$4,176$3,539$2,771
16 years$6,247$5,288$4,456$3,740$3,128$2,401
17 years$5,818$4,870$4,054$3,360$2,773$2,087
18 years$5,438$4,500$3,701$3,028$2,466$1,818
19 years$5,098$4,170$3,388$2,736$2,198$1,587
20 years$4,792$3,875$3,110$2,478$1,963$1,388
21 years$4,516$3,610$2,860$2,249$1,757$1,216
22 years$4,265$3,370$2,636$2,045$1,575$1,067
23 years$4,037$3,151$2,434$1,862$1,414$937
24 years$3,827$2,953$2,251$1,698$1,270$824
25 years$3,635$2,771$2,085$1,551$1,143$725
26 years$3,458$2,604$1,934$1,418$1,030$638
27 years$3,294$2,451$1,796$1,298$928$563
28 years$3,143$2,309$1,669$1,189$838$496
29 years$3,002$2,179$1,553$1,091$756$438
30 years$2,870$2,058$1,447$1,001$684$386
31 years$2,747$1,945$1,349$919$618$341
32 years$2,633$1,840$1,259$845$559$301
33 years$2,525$1,743$1,175$777$506$266
34 years$2,424$1,652$1,098$715$458$235
35 years$2,329$1,567$1,026$658$415$208
36 years$2,239$1,487$960$606$376$184
37 years$2,155$1,412$899$558$341$163
38 years$2,075$1,342$842$515$309$144
39 years$1,999$1,276$789$475$280$127
40 years$1,928$1,214$739$438$254$113
41 years$1,860$1,156$693$404$230$100
42 years$1,795$1,101$650$373$209$88
43 years$1,734$1,049$610$344$190$78
44 years$1,675$1,000$573$318$172$69
45 years$1,620$953$538$293$156$61
46 years$1,566$910$505$271$142$54
47 years$1,516$868$474$250$129$48
48 years$1,467$829$446$231$117$42
49 years$1,421$791$419$214$106$38
50 years$1,377$756$394$198$97$33

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 $5,986 every year, while hoping to spend $36,172 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: 65/13/22 Blend
43$1,410,000$1,410,000$1,410,000$1,410,000
44$1,559,995$1,485,265$1,463,410$1,652,211
45$1,680,627$1,519,556$1,473,947$1,749,267
46$1,812,352$1,554,315$1,483,625$1,850,659
47$1,956,263$1,589,527$1,492,377$1,960,634
48$2,113,562$1,625,174$1,500,132$2,080,035
49$2,285,575$1,661,238$1,506,817$2,209,793
50$2,473,761$1,697,696$1,512,352$2,350,931
51$2,679,727$1,734,525$1,516,658$2,504,578
52$2,905,240$1,771,698$1,519,648$2,671,980
53$3,152,250$1,809,186$1,521,231$2,854,506
54$3,422,901$1,846,958$1,521,314$3,053,667
55$3,719,556$1,884,978$1,519,797$3,271,129
56$4,044,816$1,923,207$1,516,576$3,508,727
57$4,401,548$1,961,605$1,511,541$3,768,482
58$4,792,908$2,000,125$1,504,580$4,052,623
59$5,222,371$2,038,719$1,495,570$4,363,608
60$5,693,769$2,077,331$1,484,387$4,704,143
61$6,211,319$2,115,906$1,470,900$5,077,212
62$6,779,667$2,154,379$1,454,969$5,486,103
63$7,403,933$2,192,684$1,436,450$5,934,443
64$8,089,755$2,230,747$1,415,192$6,426,224
65$8,843,346$2,268,489$1,391,037$6,965,851
66$9,671,549$2,305,827$1,363,819$7,558,176
67$10,581,903$2,342,668$1,333,363$8,208,548
68$11,582,715$2,378,917$1,299,488$8,922,863
69$12,683,136$2,414,467$1,262,005$9,707,618
70$13,893,247$2,449,208$1,220,713$10,569,974
71$15,224,158$2,483,018$1,175,407$11,517,825
72$16,688,106$2,515,770$1,125,867$12,559,871
73$18,298,576$2,547,326$1,071,866$13,705,700
74$20,070,425$2,577,539$1,013,168$14,965,880
75$22,020,022$2,606,252$949,523$16,352,060
76$24,165,404$2,633,299$880,672$17,877,077
77$26,526,444$2,658,499$806,343$19,555,081
78$29,125,040$2,681,664$726,254$21,401,666
79$31,985,319$2,702,591$640,109$23,434,020
80$35,133,866$2,721,062$547,597$25,671,088
81$38,599,976$2,736,850$448,397$28,133,747
82$42,415,926$2,749,708$342,171$30,845,009
83$46,617,284$2,759,377$228,567$33,830,236
84$51,243,240$2,765,580$107,217$37,117,379
85$56,336,981$2,768,023$0$40,737,244
86$61,946,091$2,766,395$0$44,729,015
87$68,123,007$2,760,363$0$49,152,081
88$74,925,508$2,749,575$0$54,022,584
89$82,417,264$2,733,658$0$59,386,081
90$90,668,434$2,712,216$0$65,292,770
91$99,756,328$2,684,829$0$71,797,973
92$109,766,138$2,651,050$0$78,962,650
93$120,791,741$2,610,409$0$86,853,980
94$132,936,584$2,562,404$0$95,545,992
95$146,314,659$2,506,505$0$105,120,268
96$161,051,582$2,442,151$0$115,666,708
97$177,285,775$2,368,748$0$127,284,382
98$195,169,774$2,285,667$0$140,082,464
99$214,871,667$2,192,241$0$154,181,266
100$236,576,683$2,087,767$0$169,713,369