Can I retire at age 44 with 1,090,000?

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 $1,090,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.1%
1 years$90,011$89,209$88,427$87,664$86,918$84,406
2 years$44,560$43,730$42,926$42,146$41,390$38,879
3 years$29,412$28,578$27,776$27,003$26,259$23,829
4 years$21,839$21,008$20,214$19,454$18,728$16,396
5 years$17,296$16,470$15,687$14,943$14,237$12,010
6 years$14,269$13,449$12,677$11,950$11,265$9,145
7 years$12,108$11,295$10,535$9,825$9,162$7,148
8 years$10,487$9,682$8,934$8,242$7,600$5,692
9 years$9,228$8,430$7,695$7,020$6,401$4,596
10 years$8,220$7,430$6,709$6,051$5,454$3,751
11 years$7,397$6,615$5,906$5,267$4,690$3,086
12 years$6,711$5,937$5,242$4,619$4,065$2,556
13 years$6,131$5,365$4,683$4,078$3,544$2,127
14 years$5,635$4,877$4,208$3,620$3,107$1,778
15 years$5,205$4,455$3,799$3,229$2,736$1,492
16 years$4,829$4,088$3,444$2,891$2,418$1,255
17 years$4,498$3,765$3,134$2,597$2,144$1,058
18 years$4,204$3,479$2,861$2,341$1,906$894
19 years$3,941$3,224$2,619$2,115$1,699$757
20 years$3,705$2,996$2,404$1,916$1,518$641
21 years$3,491$2,790$2,211$1,739$1,358$544
22 years$3,297$2,605$2,038$1,581$1,217$462
23 years$3,121$2,436$1,882$1,440$1,093$393
24 years$2,959$2,283$1,740$1,313$982$334
25 years$2,810$2,142$1,612$1,199$884$284
26 years$2,673$2,013$1,495$1,096$796$242
27 years$2,547$1,895$1,388$1,004$718$206
28 years$2,429$1,785$1,290$919$648$176
29 years$2,320$1,684$1,201$843$585$150
30 years$2,219$1,591$1,119$774$528$128
31 years$2,124$1,504$1,043$711$478$109
32 years$2,035$1,423$973$653$432$93
33 years$1,952$1,347$908$601$391$79
34 years$1,874$1,277$849$553$354$68
35 years$1,800$1,211$794$509$321$58
36 years$1,731$1,150$742$469$291$49
37 years$1,666$1,092$695$432$263$42
38 years$1,604$1,038$651$398$239$36
39 years$1,546$987$610$367$217$31
40 years$1,490$939$571$338$196$26
41 years$1,438$894$536$312$178$22
42 years$1,388$851$503$288$162$19
43 years$1,340$811$472$266$147$16
44 years$1,295$773$443$246$133$14
45 years$1,252$737$416$227$121$12
46 years$1,211$703$390$210$110$10
47 years$1,172$671$367$194$100$9
48 years$1,134$641$345$179$91$7
49 years$1,098$612$324$165$82$6
50 years$1,064$584$305$153$75$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,090,000, adding $5,031 every year, while hoping to spend $46,048 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: 47/25/28 Blend
43$1,090,000$1,090,000$1,090,000$1,090,000
44$1,206,369$1,148,599$1,131,704$1,253,179
45$1,280,424$1,155,886$1,120,622$1,294,008
46$1,360,490$1,161,987$1,107,625$1,333,423
47$1,447,130$1,166,794$1,092,600$1,375,321
48$1,540,965$1,170,195$1,075,430$1,419,960
49$1,642,677$1,172,068$1,055,991$1,467,625
50$1,753,017$1,172,287$1,034,154$1,518,634
51$1,872,810$1,170,713$1,009,783$1,573,339
52$2,002,962$1,167,204$982,736$1,632,133
53$2,144,472$1,161,605$952,866$1,695,448
54$2,298,439$1,153,754$920,017$1,763,766
55$2,466,069$1,143,478$884,028$1,837,621
56$2,648,694$1,130,594$844,728$1,917,605
57$2,847,775$1,114,908$801,941$2,004,372
58$3,064,924$1,096,214$755,482$2,098,651
59$3,301,912$1,074,294$705,156$2,201,246
60$3,560,690$1,048,917$650,762$2,313,048
61$3,843,407$1,019,840$592,088$2,435,044
62$4,152,425$986,803$528,914$2,568,328
63$4,490,348$949,532$461,009$2,714,109
64$4,860,043$907,738$388,131$2,873,727
65$5,264,664$861,114$310,030$3,048,662
66$5,707,686$809,336$226,443$3,240,553
67$6,192,937$752,060$137,096$3,451,214
68$6,724,630$688,925$41,702$3,682,649
69$7,307,406$619,546$0$3,937,076
70$7,946,377$543,519$0$4,234,900
71$8,647,171$460,415$0$4,575,339
72$9,415,990$369,783$0$4,949,013
73$10,259,663$271,144$0$5,359,333
74$11,185,712$163,994$0$5,810,062
75$12,202,425$47,799$0$6,305,352
76$13,318,929$0$0$6,849,783
77$14,545,280$0$0$7,469,864
78$15,892,555$0$0$8,165,665
79$17,372,958$0$0$8,930,354
80$18,999,931$0$0$9,770,893
81$20,788,287$0$0$10,694,951
82$22,754,340$0$0$11,710,976
83$24,916,069$0$0$12,828,279
84$27,293,280$0$0$14,057,113
85$29,907,792$0$0$15,408,780
86$32,783,649$0$0$16,895,729
87$35,947,339$0$0$18,531,677
88$39,428,047$0$0$20,331,738
89$43,257,931$0$0$22,312,565
90$47,472,423$0$0$24,492,507
91$52,110,561$0$0$26,891,780
92$57,215,362$0$0$29,532,663
93$62,834,223$0$0$32,439,699
94$69,019,369$0$0$35,639,937
95$75,828,345$0$0$39,163,177
96$83,324,560$0$0$43,042,259
97$91,577,884$0$0$47,313,368
98$100,665,304$0$0$52,016,374
99$110,671,655$0$0$57,195,214
100$121,690,417$0$0$62,898,300