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

Use the below retirement simulation to view the chances of a successful retirement.
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%16.3%
1 years$118,914$117,855$116,821$115,813$114,828$111,870
2 years$58,868$57,772$56,709$55,679$54,680$51,720
3 years$38,856$37,755$36,695$35,674$34,691$31,821
4 years$28,851$27,754$26,704$25,701$24,742$21,984
5 years$22,850$21,759$20,724$19,741$18,808$16,171
6 years$18,851$17,768$16,748$15,787$14,883$12,367
7 years$15,995$14,922$13,917$12,979$12,103$9,711
8 years$13,855$12,791$11,803$10,888$10,041$7,770
9 years$12,191$11,136$10,166$9,274$8,456$6,304
10 years$10,860$9,816$8,863$7,994$7,205$5,170
11 years$9,772$8,739$7,803$6,958$6,196$4,276
12 years$8,866$7,843$6,925$6,103$5,370$3,559
13 years$8,100$7,088$6,187$5,388$4,683$2,979
14 years$7,444$6,443$5,559$4,783$4,105$2,504
15 years$6,876$5,886$5,019$4,265$3,614$2,113
16 years$6,380$5,400$4,550$3,819$3,194$1,787
17 years$5,942$4,973$4,141$3,431$2,832$1,516
18 years$5,554$4,596$3,780$3,092$2,518$1,289
19 years$5,206$4,259$3,460$2,794$2,245$1,097
20 years$4,894$3,958$3,176$2,531$2,005$935
21 years$4,612$3,687$2,921$2,297$1,794$799
22 years$4,356$3,441$2,692$2,088$1,608$683
23 years$4,123$3,218$2,486$1,902$1,444$584
24 years$3,909$3,016$2,299$1,735$1,298$500
25 years$3,713$2,830$2,129$1,584$1,168$428
26 years$3,532$2,660$1,975$1,448$1,052$367
27 years$3,364$2,503$1,834$1,326$948$315
28 years$3,209$2,359$1,705$1,215$856$270
29 years$3,065$2,225$1,586$1,114$773$232
30 years$2,931$2,101$1,478$1,022$698$199
31 years$2,806$1,986$1,378$939$631$171
32 years$2,689$1,880$1,285$863$571$146
33 years$2,579$1,780$1,200$794$517$126
34 years$2,476$1,687$1,121$730$468$108
35 years$2,379$1,600$1,048$672$424$93
36 years$2,287$1,519$981$619$384$80
37 years$2,201$1,442$918$570$348$69
38 years$2,119$1,371$860$526$315$59
39 years$2,042$1,304$805$485$286$51
40 years$1,969$1,240$755$447$259$44
41 years$1,899$1,181$708$412$235$37
42 years$1,833$1,124$664$381$214$32
43 years$1,771$1,071$623$351$194$28
44 years$1,711$1,021$585$324$176$24
45 years$1,654$974$549$300$160$20
46 years$1,600$929$516$277$145$18
47 years$1,548$886$485$256$132$15
48 years$1,499$846$455$236$120$13
49 years$1,451$808$428$218$109$11
50 years$1,406$772$402$202$99$10

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 $4,190 every year, while hoping to spend $56,637 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: 31/40/29 Blend
43$1,440,000$1,440,000$1,440,000$1,440,000
44$1,591,202$1,514,882$1,492,562$1,626,311
45$1,693,243$1,528,850$1,482,301$1,667,891
46$1,803,795$1,541,604$1,469,799$1,707,378
47$1,923,664$1,553,025$1,454,920$1,748,780
48$2,053,740$1,562,986$1,437,522$1,792,305
49$2,195,001$1,571,352$1,417,459$1,838,186
50$2,348,522$1,577,978$1,394,574$1,886,684
51$2,515,485$1,582,713$1,368,706$1,938,091
52$2,697,192$1,585,393$1,339,685$1,992,732
53$2,895,074$1,585,846$1,307,333$2,050,970
54$3,110,708$1,583,889$1,271,465$2,113,211
55$3,345,827$1,579,326$1,231,886$2,179,908
56$3,602,339$1,571,951$1,188,392$2,251,566
57$3,882,346$1,561,545$1,140,771$2,328,745
58$4,188,159$1,547,875$1,088,801$2,412,073
59$4,522,325$1,530,694$1,032,249$2,502,245
60$4,887,645$1,509,741$970,872$2,600,037
61$5,287,205$1,484,738$904,417$2,706,310
62$5,724,402$1,455,393$832,617$2,822,022
63$6,202,977$1,421,393$755,196$2,948,239
64$6,727,050$1,382,411$671,864$3,086,141
65$7,301,156$1,338,096$582,319$3,237,043
66$7,930,291$1,288,080$486,244$3,402,402
67$8,619,957$1,231,972$383,309$3,583,834
68$9,376,214$1,169,360$273,171$3,783,133
69$10,205,735$1,099,806$155,470$4,002,288
70$11,115,871$1,022,847$29,829$4,243,504
71$12,114,719$937,996$0$4,509,225
72$13,211,199$844,736$0$4,834,418
73$14,415,133$742,521$0$5,201,769
74$15,737,346$630,773$0$5,605,494
75$17,189,758$508,884$0$6,049,408
76$18,785,503$376,209$0$6,537,726
77$20,539,049$232,068$0$7,075,106
78$22,466,335$75,743$0$7,666,689
79$24,584,923$0$0$8,318,155
80$26,914,158$0$0$9,076,941
81$29,475,354$0$0$9,948,197
82$32,291,994$0$0$10,906,601
83$35,389,952$0$0$11,960,988
84$38,797,733$0$0$13,121,093
85$42,546,745$0$0$14,397,641
86$46,671,593$0$0$15,802,450
87$51,210,405$0$0$17,348,542
88$56,205,193$0$0$19,050,264
89$61,702,246$0$0$20,923,425
90$67,752,568$0$0$22,985,444
91$74,412,359$0$0$25,255,516
92$81,743,543$0$0$27,754,790
93$89,814,353$0$0$30,506,571
94$98,699,975$0$0$33,536,540
95$108,483,253$0$0$36,872,991
96$119,255,476$0$0$40,547,105
97$131,117,235$0$0$44,593,241
98$144,179,370$0$0$49,049,258
99$158,564,020$0$0$53,956,876
100$174,405,773$0$0$59,362,065