Can I retire at age 44 with 1,490,000?

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 $1,490,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$123,043$121,947$120,878$119,834$118,815$115,567
2 years$60,912$59,778$58,678$57,612$56,578$53,331
3 years$40,205$39,065$37,969$36,913$35,896$32,749
4 years$29,853$28,717$27,632$26,594$25,601$22,580
5 years$23,644$22,515$21,443$20,426$19,462$16,574
6 years$19,505$18,385$17,329$16,335$15,399$12,648
7 years$16,551$15,440$14,401$13,430$12,524$9,909
8 years$14,336$13,235$12,213$11,266$10,390$7,910
9 years$12,614$11,523$10,519$9,596$8,750$6,402
10 years$11,237$10,157$9,171$8,272$7,455$5,237
11 years$10,111$9,042$8,074$7,199$6,412$4,320
12 years$9,174$8,116$7,165$6,315$5,556$3,587
13 years$8,381$7,334$6,402$5,575$4,845$2,994
14 years$7,703$6,667$5,752$4,949$4,247$2,510
15 years$7,115$6,090$5,193$4,413$3,740$2,111
16 years$6,601$5,588$4,708$3,952$3,305$1,781
17 years$6,148$5,146$4,284$3,551$2,930$1,507
18 years$5,746$4,755$3,911$3,200$2,606$1,277
19 years$5,387$4,407$3,580$2,891$2,322$1,084
20 years$5,064$4,095$3,286$2,619$2,074$921
21 years$4,772$3,815$3,022$2,377$1,856$784
22 years$4,507$3,561$2,786$2,161$1,664$668
23 years$4,266$3,330$2,572$1,968$1,494$570
24 years$4,045$3,120$2,379$1,795$1,343$486
25 years$3,841$2,928$2,203$1,639$1,208$415
26 years$3,654$2,752$2,043$1,499$1,088$354
27 years$3,481$2,590$1,897$1,372$981$303
28 years$3,321$2,441$1,764$1,257$885$259
29 years$3,172$2,302$1,641$1,153$799$222
30 years$3,033$2,174$1,529$1,058$722$190
31 years$2,903$2,055$1,425$972$653$162
32 years$2,782$1,945$1,330$893$591$139
33 years$2,668$1,842$1,242$821$535$119
34 years$2,562$1,746$1,160$755$484$102
35 years$2,461$1,656$1,085$695$438$87
36 years$2,366$1,572$1,015$640$397$75
37 years$2,277$1,493$950$590$360$64
38 years$2,193$1,418$889$544$326$55
39 years$2,113$1,349$833$502$296$47
40 years$2,037$1,283$781$463$268$40
41 years$1,965$1,222$732$427$244$34
42 years$1,897$1,163$687$394$221$29
43 years$1,832$1,108$645$364$201$25
44 years$1,770$1,057$605$336$182$22
45 years$1,711$1,008$568$310$165$19
46 years$1,655$961$534$286$150$16
47 years$1,602$917$501$265$136$14
48 years$1,551$876$471$244$124$12
49 years$1,502$836$443$226$112$10
50 years$1,455$799$416$209$102$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,490,000, adding $4,601 every year, while hoping to spend $31,912 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: 46/42/12 Blend
43$1,490,000$1,490,000$1,490,000$1,490,000
44$1,646,726$1,567,756$1,544,661$1,716,710
45$1,780,738$1,610,622$1,562,453$1,808,503
46$1,927,349$1,654,519$1,579,771$1,904,388
47$2,087,812$1,699,463$1,596,567$2,007,693
48$2,263,504$1,745,472$1,612,787$2,119,119
49$2,455,943$1,792,561$1,628,377$2,239,434
50$2,666,799$1,840,747$1,643,278$2,369,485
51$2,897,914$1,890,045$1,657,429$2,510,206
52$3,151,315$1,940,471$1,670,766$2,662,623
53$3,429,233$1,992,038$1,683,221$2,827,864
54$3,734,128$2,044,761$1,694,722$3,007,175
55$4,068,709$2,098,654$1,705,195$3,201,925
56$4,435,958$2,153,729$1,714,560$3,413,622
57$4,839,163$2,209,999$1,722,735$3,643,927
58$5,281,943$2,267,474$1,729,631$3,894,669
59$5,768,285$2,326,164$1,735,158$4,167,864
60$6,302,583$2,386,079$1,739,219$4,465,729
61$6,889,677$2,447,227$1,741,713$4,790,710
62$7,534,897$2,509,615$1,742,534$5,145,499
63$8,244,118$2,573,247$1,741,570$5,533,063
64$9,023,810$2,638,128$1,738,704$5,956,668
65$9,881,102$2,704,261$1,733,815$6,419,915
66$10,823,850$2,771,645$1,726,773$6,926,769
67$11,860,706$2,840,279$1,717,444$7,481,601
68$13,001,206$2,910,160$1,705,686$8,089,225
69$14,255,854$2,981,283$1,691,351$8,754,945
70$15,636,225$3,053,640$1,674,285$9,484,605
71$17,155,071$3,127,219$1,654,325$10,284,647
72$18,826,444$3,202,008$1,631,300$11,162,166
73$20,665,826$3,277,992$1,605,033$12,124,981
74$22,690,276$3,355,149$1,575,338$13,181,709
75$24,918,591$3,433,458$1,542,018$14,341,843
76$27,371,482$3,512,892$1,504,871$15,615,847
77$30,071,770$3,593,421$1,463,681$17,015,249
78$33,044,603$3,675,011$1,418,226$18,552,753
79$36,317,688$3,757,622$1,368,272$20,242,359
80$39,921,557$3,841,211$1,313,575$22,099,496
81$43,889,855$3,925,728$1,253,878$24,141,165
82$48,259,652$4,011,121$1,188,915$26,386,102
83$53,071,799$4,097,328$1,118,406$28,854,953
84$58,371,309$4,184,284$1,042,060$31,570,472
85$64,207,784$4,271,916$959,570$34,557,733
86$70,635,882$4,360,144$870,620$37,844,369
87$77,715,831$4,448,880$774,875$41,460,830
88$85,514,000$4,538,029$671,987$45,440,677
89$94,103,524$4,627,489$561,595$49,820,892
90$103,564,993$4,717,145$443,317$54,642,231
91$113,987,213$4,806,876$316,759$59,949,610
92$125,468,046$4,896,549$181,508$65,792,526
93$138,115,328$4,986,022$37,130$72,225,529
94$152,047,894$5,075,140$0$79,308,735
95$167,396,693$5,163,735$0$87,123,366
96$184,306,027$5,251,629$0$95,733,505
97$202,934,911$5,338,629$0$105,214,916
98$223,458,576$5,424,525$0$115,656,335
99$246,070,120$5,509,097$0$127,155,549
100$270,982,333$5,592,103$0$139,820,319