Can I retire at age 44 with 990,000?

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 $990,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.7%
1 years$81,753$81,025$80,315$79,621$78,944$78,381
2 years$40,472$39,718$38,988$38,279$37,592$37,024
3 years$26,713$25,956$25,228$24,526$23,850$23,295
4 years$19,835$19,081$18,359$17,670$17,010$16,472
5 years$15,710$14,959$14,248$13,572$12,931$12,412
6 years$12,960$12,215$11,514$10,854$10,232$9,732
7 years$10,997$10,259$9,568$8,923$8,321$7,841
8 years$9,525$8,793$8,115$7,486$6,903$6,443
9 years$8,381$7,656$6,989$6,376$5,813$5,373
10 years$7,466$6,749$6,093$5,496$4,953$4,532
11 years$6,718$6,008$5,364$4,783$4,260$3,857
12 years$6,095$5,392$4,761$4,196$3,692$3,308
13 years$5,569$4,873$4,253$3,704$3,219$2,853
14 years$5,118$4,430$3,822$3,288$2,822$2,474
15 years$4,727$4,046$3,451$2,932$2,485$2,154
16 years$4,386$3,713$3,128$2,626$2,196$1,882
17 years$4,085$3,419$2,847$2,359$1,947$1,649
18 years$3,818$3,159$2,599$2,126$1,731$1,449
19 years$3,579$2,928$2,379$1,921$1,543$1,276
20 years$3,365$2,721$2,183$1,740$1,378$1,126
21 years$3,171$2,534$2,008$1,579$1,233$995
22 years$2,995$2,366$1,851$1,436$1,106$881
23 years$2,834$2,213$1,709$1,308$992$781
24 years$2,687$2,073$1,581$1,193$892$693
25 years$2,552$1,946$1,464$1,089$803$616
26 years$2,428$1,829$1,358$996$723$547
27 years$2,313$1,721$1,261$912$652$487
28 years$2,206$1,622$1,172$835$588$433
29 years$2,107$1,530$1,091$766$531$386
30 years$2,015$1,445$1,016$703$480$344
31 years$1,929$1,366$947$646$434$307
32 years$1,848$1,292$884$593$392$274
33 years$1,773$1,224$825$546$355$244
34 years$1,702$1,160$771$502$322$218
35 years$1,635$1,100$721$462$291$195
36 years$1,572$1,044$674$426$264$174
37 years$1,513$992$631$392$239$156
38 years$1,457$942$591$361$217$139
39 years$1,404$896$554$333$197$124
40 years$1,353$853$519$307$178$111
41 years$1,306$812$487$284$162$99
42 years$1,260$773$456$262$147$89
43 years$1,217$737$428$242$133$79
44 years$1,176$702$402$223$121$71
45 years$1,137$669$378$206$110$64
46 years$1,100$639$355$190$100$57
47 years$1,064$609$333$176$91$51
48 years$1,030$582$313$162$82$45
49 years$998$556$294$150$75$41
50 years$967$531$277$139$68$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $990,000, adding $4,443 every year, while hoping to spend $40,215 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: 38/35/27 Blend
43$990,000$990,000$990,000$990,000
44$1,095,563$1,043,093$1,027,748$1,128,240
45$1,164,522$1,051,416$1,019,389$1,160,917
46$1,239,167$1,058,799$1,009,402$1,192,187
47$1,320,035$1,065,154$997,691$1,225,207
48$1,407,718$1,070,386$984,153$1,260,161
49$1,502,866$1,074,395$968,682$1,297,256
50$1,606,192$1,077,074$951,167$1,336,721
51$1,718,484$1,078,311$931,491$1,378,810
52$1,840,606$1,077,985$909,533$1,423,808
53$1,973,510$1,075,969$885,165$1,472,032
54$2,118,243$1,072,126$858,252$1,523,832
55$2,275,957$1,066,313$828,657$1,579,599
56$2,447,919$1,058,377$796,232$1,639,768
57$2,635,526$1,048,157$760,825$1,704,821
58$2,840,314$1,035,480$722,276$1,775,293
59$3,063,972$1,020,165$680,419$1,851,781
60$3,308,363$1,002,019$635,079$1,934,943
61$3,575,536$980,838$586,073$2,025,512
62$3,867,746$956,405$533,213$2,124,300
63$4,187,478$928,491$476,297$2,232,209
64$4,537,468$896,853$415,120$2,350,237
65$4,920,727$861,236$349,464$2,479,490
66$5,340,571$821,367$279,101$2,621,195
67$5,800,655$776,960$203,797$2,776,710
68$6,305,001$727,710$123,303$2,947,540
69$6,858,040$673,296$37,362$3,135,350
70$7,464,651$613,379$0$3,341,983
71$8,130,209$547,599$0$3,585,140
72$8,860,636$475,577$0$3,863,924
73$9,662,453$396,912$0$4,170,145
74$10,542,843$311,180$0$4,506,653
75$11,509,720$217,935$0$4,876,597
76$12,571,800$116,702$0$5,283,455
77$13,738,687$6,985$0$5,731,063
78$15,020,961$0$0$6,223,658
79$16,430,276$0$0$6,808,953
80$17,979,472$0$0$7,455,445
81$19,682,695$0$0$8,166,367
82$21,555,531$0$0$8,948,243
83$23,615,149$0$0$9,808,261
84$25,880,469$0$0$10,754,340
85$28,372,333$0$0$11,795,208
86$31,113,707$0$0$12,940,477
87$34,129,895$0$0$14,200,741
88$37,448,775$0$0$15,587,674
89$41,101,066$0$0$17,114,134
90$45,120,616$0$0$18,794,294
91$49,544,717$0$0$20,643,768
92$54,414,463$0$0$22,679,760
93$59,775,133$0$0$24,921,229
94$65,676,620$0$0$27,389,064
95$72,173,897$0$0$30,106,283
96$79,327,541$0$0$33,098,249
97$87,204,302$0$0$36,392,912
98$95,877,732$0$0$40,021,067
99$105,428,877$0$0$44,016,651
100$115,947,045$0$0$48,417,057