Can I retire at age 44 with 1,440,000?

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 $1,440,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%20%
1 years$118,914$117,855$116,821$115,813$114,828$110,228
2 years$58,868$57,772$56,709$55,679$54,680$50,104
3 years$38,856$37,755$36,695$35,674$34,691$30,282
4 years$28,851$27,754$26,704$25,701$24,742$20,534
5 years$22,850$21,759$20,724$19,741$18,808$14,812
6 years$18,851$17,768$16,748$15,787$14,883$11,101
7 years$15,995$14,922$13,917$12,979$12,103$8,534
8 years$13,855$12,791$11,803$10,888$10,041$6,681
9 years$12,191$11,136$10,166$9,274$8,456$5,300
10 years$10,860$9,816$8,863$7,994$7,205$4,246
11 years$9,772$8,739$7,803$6,958$6,196$3,429
12 years$8,866$7,843$6,925$6,103$5,370$2,785
13 years$8,100$7,088$6,187$5,388$4,683$2,273
14 years$7,444$6,443$5,559$4,783$4,105$1,862
15 years$6,876$5,886$5,019$4,265$3,614$1,530
16 years$6,380$5,400$4,550$3,819$3,194$1,261
17 years$5,942$4,973$4,141$3,431$2,832$1,041
18 years$5,554$4,596$3,780$3,092$2,518$860
19 years$5,206$4,259$3,460$2,794$2,245$712
20 years$4,894$3,958$3,176$2,531$2,005$590
21 years$4,612$3,687$2,921$2,297$1,794$490
22 years$4,356$3,441$2,692$2,088$1,608$407
23 years$4,123$3,218$2,486$1,902$1,444$338
24 years$3,909$3,016$2,299$1,735$1,298$281
25 years$3,713$2,830$2,129$1,584$1,168$234
26 years$3,532$2,660$1,975$1,448$1,052$194
27 years$3,364$2,503$1,834$1,326$948$162
28 years$3,209$2,359$1,705$1,215$856$135
29 years$3,065$2,225$1,586$1,114$773$112
30 years$2,931$2,101$1,478$1,022$698$93
31 years$2,806$1,986$1,378$939$631$78
32 years$2,689$1,880$1,285$863$571$65
33 years$2,579$1,780$1,200$794$517$54
34 years$2,476$1,687$1,121$730$468$45
35 years$2,379$1,600$1,048$672$424$37
36 years$2,287$1,519$981$619$384$31
37 years$2,201$1,442$918$570$348$26
38 years$2,119$1,371$860$526$315$22
39 years$2,042$1,304$805$485$286$18
40 years$1,969$1,240$755$447$259$15
41 years$1,899$1,181$708$412$235$13
42 years$1,833$1,124$664$381$214$10
43 years$1,771$1,071$623$351$194$9
44 years$1,711$1,021$585$324$176$7
45 years$1,654$974$549$300$160$6
46 years$1,600$929$516$277$145$5
47 years$1,548$886$485$256$132$4
48 years$1,499$846$455$236$120$3
49 years$1,451$808$428$218$109$3
50 years$1,406$772$402$202$99$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,440,000, adding $2,404 every year, while hoping to spend $32,736 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: 40/45/15 Blend
43$1,440,000$1,440,000$1,440,000$1,440,000
44$1,589,360$1,513,040$1,490,720$1,645,751
45$1,716,644$1,552,348$1,505,828$1,725,287
46$1,855,813$1,592,485$1,520,345$1,807,905
47$2,008,046$1,633,457$1,534,217$1,896,578
48$2,174,640$1,675,269$1,547,386$1,991,870
49$2,357,022$1,717,926$1,559,792$2,094,405
50$2,556,765$1,761,431$1,571,372$2,204,868
51$2,775,600$1,805,787$1,582,058$2,324,012
52$3,015,435$1,850,994$1,591,781$2,452,669
53$3,278,370$1,897,053$1,600,466$2,591,752
54$3,566,719$1,943,963$1,608,037$2,742,269
55$3,883,028$1,991,722$1,614,410$2,905,329
56$4,230,105$2,040,324$1,619,501$3,082,154
57$4,611,040$2,089,765$1,623,218$3,274,089
58$5,029,239$2,140,036$1,625,469$3,482,619
59$5,488,452$2,191,128$1,626,153$3,709,376
60$5,992,812$2,243,031$1,625,166$3,956,160
61$6,546,868$2,295,729$1,622,400$4,224,954
62$7,155,637$2,349,208$1,617,738$4,517,944
63$7,824,641$2,403,448$1,611,061$4,837,536
64$8,559,966$2,458,429$1,602,243$5,186,384
65$9,368,316$2,514,125$1,591,152$5,567,411
66$10,257,078$2,570,511$1,577,649$5,983,839
67$11,234,389$2,627,556$1,561,590$6,439,219
68$12,309,215$2,685,224$1,542,822$6,937,463
69$13,491,435$2,743,480$1,521,186$7,482,882
70$14,791,931$2,802,280$1,496,515$8,080,230
71$16,222,695$2,861,579$1,468,636$8,734,743
72$17,796,941$2,921,327$1,437,365$9,452,193
73$19,529,224$2,981,467$1,402,512$10,238,942
74$21,435,585$3,041,940$1,363,877$11,102,000
75$23,533,699$3,102,678$1,321,251$12,049,095
76$25,843,038$3,163,611$1,274,414$13,088,743
77$28,385,060$3,224,660$1,223,139$14,230,330
78$31,183,408$3,285,741$1,167,187$15,484,202
79$34,264,134$3,346,761$1,106,306$16,861,760
80$37,655,945$3,407,622$1,040,237$18,375,571
81$41,390,473$3,468,216$968,706$20,039,486
82$45,502,571$3,528,429$891,427$21,868,769
83$50,030,646$3,588,135$808,104$23,880,247
84$55,017,020$3,647,202$718,423$26,092,462
85$60,508,327$3,705,485$622,061$28,525,854
86$66,555,953$3,762,831$518,677$31,202,948
87$73,216,524$3,819,073$407,916$34,148,572
88$80,552,437$3,874,035$289,409$37,390,089
89$88,632,450$3,927,527$162,768$40,957,660
90$97,532,329$3,979,345$27,590$44,884,523
91$107,335,566$4,029,273$0$49,207,314
92$118,134,164$4,077,078$0$53,985,084
93$130,029,506$4,122,511$0$59,249,587
94$143,133,310$4,165,309$0$65,045,523
95$157,568,688$4,205,190$0$71,427,026
96$173,471,302$4,241,851$0$78,453,753
97$190,990,646$4,274,973$0$86,191,450
98$210,291,459$4,304,214$0$94,712,572
99$231,555,278$4,329,211$0$104,096,968
100$254,982,150$4,349,576$0$114,432,637