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%14.3%
1 years$118,914$117,855$116,821$115,813$114,828$112,786
2 years$58,868$57,772$56,709$55,679$54,680$52,630
3 years$38,856$37,755$36,695$35,674$34,691$32,697
4 years$28,851$27,754$26,704$25,701$24,742$22,819
5 years$22,850$21,759$20,724$19,741$18,808$16,962
6 years$18,851$17,768$16,748$15,787$14,883$13,114
7 years$15,995$14,922$13,917$12,979$12,103$10,414
8 years$13,855$12,791$11,803$10,888$10,041$8,430
9 years$12,191$11,136$10,166$9,274$8,456$6,923
10 years$10,860$9,816$8,863$7,994$7,205$5,748
11 years$9,772$8,739$7,803$6,958$6,196$4,814
12 years$8,866$7,843$6,925$6,103$5,370$4,060
13 years$8,100$7,088$6,187$5,388$4,683$3,444
14 years$7,444$6,443$5,559$4,783$4,105$2,935
15 years$6,876$5,886$5,019$4,265$3,614$2,510
16 years$6,380$5,400$4,550$3,819$3,194$2,154
17 years$5,942$4,973$4,141$3,431$2,832$1,854
18 years$5,554$4,596$3,780$3,092$2,518$1,599
19 years$5,206$4,259$3,460$2,794$2,245$1,382
20 years$4,894$3,958$3,176$2,531$2,005$1,196
21 years$4,612$3,687$2,921$2,297$1,794$1,037
22 years$4,356$3,441$2,692$2,088$1,608$900
23 years$4,123$3,218$2,486$1,902$1,444$782
24 years$3,909$3,016$2,299$1,735$1,298$680
25 years$3,713$2,830$2,129$1,584$1,168$592
26 years$3,532$2,660$1,975$1,448$1,052$515
27 years$3,364$2,503$1,834$1,326$948$449
28 years$3,209$2,359$1,705$1,215$856$391
29 years$3,065$2,225$1,586$1,114$773$341
30 years$2,931$2,101$1,478$1,022$698$298
31 years$2,806$1,986$1,378$939$631$260
32 years$2,689$1,880$1,285$863$571$227
33 years$2,579$1,780$1,200$794$517$198
34 years$2,476$1,687$1,121$730$468$173
35 years$2,379$1,600$1,048$672$424$151
36 years$2,287$1,519$981$619$384$132
37 years$2,201$1,442$918$570$348$116
38 years$2,119$1,371$860$526$315$101
39 years$2,042$1,304$805$485$286$88
40 years$1,969$1,240$755$447$259$77
41 years$1,899$1,181$708$412$235$68
42 years$1,833$1,124$664$381$214$59
43 years$1,771$1,071$623$351$194$52
44 years$1,711$1,021$585$324$176$45
45 years$1,654$974$549$300$160$39
46 years$1,600$929$516$277$145$35
47 years$1,548$886$485$256$132$30
48 years$1,499$846$455$236$120$26
49 years$1,451$808$428$218$109$23
50 years$1,406$772$402$202$99$20

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 $2,213 every year, while hoping to spend $42,810 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: 75/15/10 Blend
43$1,440,000$1,440,000$1,440,000$1,440,000
44$1,589,163$1,512,843$1,490,523$1,705,335
45$1,705,708$1,541,422$1,494,906$1,810,781
46$1,832,706$1,569,968$1,498,001$1,920,681
47$1,971,177$1,598,432$1,499,719$2,039,913
48$2,122,246$1,626,764$1,499,969$2,169,389
49$2,287,150$1,654,910$1,498,652$2,310,112
50$2,467,249$1,682,811$1,495,667$2,463,187
51$2,664,043$1,710,403$1,490,907$2,629,833
52$2,879,182$1,737,619$1,484,258$2,811,391
53$3,114,482$1,764,386$1,475,605$3,009,340
54$3,371,944$1,790,625$1,464,822$3,225,307
55$3,653,770$1,816,254$1,451,781$3,461,086
56$3,962,386$1,841,182$1,436,348$3,718,655
57$4,300,463$1,865,313$1,418,378$4,000,192
58$4,670,941$1,888,545$1,397,726$4,308,095
59$5,077,062$1,910,768$1,374,234$4,645,009
60$5,522,391$1,931,864$1,347,740$5,013,849
61$6,010,859$1,951,710$1,318,073$5,417,824
62$6,546,795$1,970,172$1,285,057$5,860,473
63$7,134,965$1,987,107$1,248,503$6,345,694
64$7,780,621$2,002,365$1,208,217$6,877,785
65$8,489,547$2,015,784$1,163,996$7,461,479
66$9,268,116$2,027,192$1,115,624$8,101,995
67$10,123,347$2,036,408$1,062,881$8,805,082
68$11,062,972$2,043,236$1,005,532$9,577,077
69$12,095,512$2,047,471$943,333$10,424,965
70$13,230,350$2,048,893$876,031$11,356,440
71$14,477,826$2,047,269$803,358$12,379,984
72$15,849,331$2,042,352$725,037$13,504,945
73$17,357,415$2,033,879$640,778$14,741,624
74$19,015,903$2,021,572$550,277$16,101,373
75$20,840,031$2,005,134$453,217$17,596,705
76$22,846,582$1,984,253$349,267$19,241,407
77$25,054,048$1,958,597$238,082$21,050,678
78$27,482,805$1,927,812$119,302$23,041,263
79$30,155,303$1,891,526$0$25,231,621
80$33,096,276$1,849,343$0$27,642,888
81$36,332,981$1,800,846$0$30,310,325
82$39,895,447$1,745,589$0$33,245,938
83$43,816,765$1,683,105$0$36,477,002
84$48,133,394$1,612,897$0$40,033,574
85$52,885,510$1,534,439$0$43,948,775
86$58,117,381$1,447,175$0$48,259,105
87$63,877,786$1,350,519$0$53,004,788
88$70,220,474$1,243,847$0$58,230,150
89$77,204,671$1,126,505$0$63,984,037
90$84,895,640$997,796$0$70,320,280
91$93,365,295$856,988$0$77,298,200
92$102,692,879$703,304$0$84,983,169
93$112,965,713$535,926$0$93,447,230
94$124,280,018$353,989$0$102,769,772
95$136,741,823$156,578$0$113,038,286
96$150,467,969$0$0$124,349,187
97$165,587,203$0$0$136,818,178
98$182,241,401$0$0$150,581,625
99$200,586,903$0$0$165,742,894
100$220,795,988$0$0$182,444,374