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%15.5%
1 years$118,914$117,855$116,821$115,813$114,828$112,234
2 years$58,868$57,772$56,709$55,679$54,680$52,081
3 years$38,856$37,755$36,695$35,674$34,691$32,168
4 years$28,851$27,754$26,704$25,701$24,742$22,314
5 years$22,850$21,759$20,724$19,741$18,808$16,482
6 years$18,851$17,768$16,748$15,787$14,883$12,660
7 years$15,995$14,922$13,917$12,979$12,103$9,986
8 years$13,855$12,791$11,803$10,888$10,041$8,028
9 years$12,191$11,136$10,166$9,274$8,456$6,545
10 years$10,860$9,816$8,863$7,994$7,205$5,394
11 years$9,772$8,739$7,803$6,958$6,196$4,484
12 years$8,866$7,843$6,925$6,103$5,370$3,752
13 years$8,100$7,088$6,187$5,388$4,683$3,157
14 years$7,444$6,443$5,559$4,783$4,105$2,669
15 years$6,876$5,886$5,019$4,265$3,614$2,264
16 years$6,380$5,400$4,550$3,819$3,194$1,926
17 years$5,942$4,973$4,141$3,431$2,832$1,643
18 years$5,554$4,596$3,780$3,092$2,518$1,405
19 years$5,206$4,259$3,460$2,794$2,245$1,204
20 years$4,894$3,958$3,176$2,531$2,005$1,032
21 years$4,612$3,687$2,921$2,297$1,794$887
22 years$4,356$3,441$2,692$2,088$1,608$763
23 years$4,123$3,218$2,486$1,902$1,444$656
24 years$3,909$3,016$2,299$1,735$1,298$565
25 years$3,713$2,830$2,129$1,584$1,168$487
26 years$3,532$2,660$1,975$1,448$1,052$420
27 years$3,364$2,503$1,834$1,326$948$363
28 years$3,209$2,359$1,705$1,215$856$313
29 years$3,065$2,225$1,586$1,114$773$271
30 years$2,931$2,101$1,478$1,022$698$234
31 years$2,806$1,986$1,378$939$631$202
32 years$2,689$1,880$1,285$863$571$175
33 years$2,579$1,780$1,200$794$517$151
34 years$2,476$1,687$1,121$730$468$131
35 years$2,379$1,600$1,048$672$424$113
36 years$2,287$1,519$981$619$384$98
37 years$2,201$1,442$918$570$348$85
38 years$2,119$1,371$860$526$315$73
39 years$2,042$1,304$805$485$286$63
40 years$1,969$1,240$755$447$259$55
41 years$1,899$1,181$708$412$235$47
42 years$1,833$1,124$664$381$214$41
43 years$1,771$1,071$623$351$194$36
44 years$1,711$1,021$585$324$176$31
45 years$1,654$974$549$300$160$27
46 years$1,600$929$516$277$145$23
47 years$1,548$886$485$256$132$20
48 years$1,499$846$455$236$120$17
49 years$1,451$808$428$218$109$15
50 years$1,406$772$402$202$99$13

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 $4,924 every year, while hoping to spend $29,113 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: 54/26/20 Blend
43$1,440,000$1,440,000$1,440,000$1,440,000
44$1,591,959$1,515,639$1,493,319$1,669,009
45$1,723,363$1,558,929$1,512,369$1,765,636
46$1,867,194$1,603,365$1,531,082$1,867,287
47$2,024,690$1,648,972$1,549,415$1,977,313
48$2,197,212$1,695,775$1,567,324$2,096,522
49$2,386,260$1,743,801$1,584,762$2,225,803
50$2,593,487$1,793,075$1,601,680$2,366,138
51$2,820,711$1,843,624$1,618,024$2,518,605
52$3,069,937$1,895,475$1,633,742$2,684,392
53$3,343,371$1,948,655$1,648,773$2,864,809
54$3,643,446$2,003,189$1,663,057$3,061,297
55$3,972,838$2,059,106$1,676,530$3,275,443
56$4,334,497$2,116,432$1,689,124$3,508,997
57$4,731,674$2,175,195$1,700,768$3,763,885
58$5,167,946$2,235,422$1,711,385$4,042,228
59$5,647,258$2,297,139$1,720,898$4,346,365
60$6,173,954$2,360,374$1,729,224$4,678,871
61$6,752,819$2,425,154$1,736,274$5,042,583
62$7,389,126$2,491,506$1,741,958$5,440,628
63$8,088,682$2,559,455$1,746,180$5,876,448
64$8,857,888$2,629,029$1,748,838$6,353,840
65$9,703,795$2,700,253$1,749,825$6,876,982
66$10,634,169$2,773,153$1,749,032$7,450,483
67$11,657,570$2,847,753$1,746,340$8,079,418
68$12,783,428$2,924,078$1,741,628$8,769,380
69$14,022,131$3,002,152$1,734,766$9,526,532
70$15,385,129$3,081,998$1,725,621$10,357,665
71$16,885,033$3,163,637$1,714,051$11,270,260
72$18,535,743$3,247,091$1,699,908$12,272,565
73$20,352,570$3,332,381$1,683,036$13,373,665
74$22,352,389$3,419,524$1,663,274$14,583,573
75$24,553,790$3,508,538$1,640,452$15,913,323
76$26,977,261$3,599,441$1,614,391$17,375,072
77$29,645,373$3,692,245$1,584,905$18,982,219
78$32,583,001$3,786,964$1,551,799$20,749,529
79$35,817,551$3,883,610$1,514,868$22,693,273
80$39,379,224$3,982,190$1,473,899$24,831,381
81$43,301,300$4,082,711$1,428,669$27,183,612
82$47,620,446$4,185,178$1,378,944$29,771,740
83$52,377,072$4,289,592$1,324,478$32,619,762
84$57,615,703$4,395,952$1,265,018$35,754,121
85$63,385,403$4,504,252$1,200,295$39,203,957
86$69,740,239$4,614,485$1,130,030$43,001,386
87$76,739,789$4,726,640$1,053,931$47,181,797
88$84,449,702$4,840,701$971,693$51,784,190
89$92,942,325$4,956,648$882,997$56,851,546
90$102,297,376$5,074,458$787,511$62,431,228
91$112,602,702$5,194,100$684,887$68,575,434
92$123,955,108$5,315,541$574,761$75,341,686
93$136,461,267$5,438,741$456,754$82,793,373
94$150,238,731$5,563,654$330,470$91,000,354
95$165,417,037$5,690,228$195,495$100,039,615
96$182,138,929$5,818,404$51,399$109,995,996
97$200,561,709$5,948,115$0$120,962,991
98$220,858,718$6,079,287$0$133,065,484
99$243,220,972$6,211,837$0$146,408,299
100$267,858,968$6,345,674$0$161,105,692