Can I retire at age 44 with 1,150,000?

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 $1,150,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$94,966$94,120$93,295$92,489$91,703$90,707
2 years$47,013$46,137$45,289$44,466$43,668$42,666
3 years$31,031$30,151$29,305$28,490$27,705$26,727
4 years$23,041$22,164$21,326$20,525$19,759$18,813
5 years$18,248$17,377$16,550$15,765$15,021$14,109
6 years$15,055$14,190$13,375$12,608$11,885$11,009
7 years$12,774$11,916$11,115$10,365$9,666$8,826
8 years$11,064$10,215$9,426$8,695$8,019$7,215
9 years$9,735$8,894$8,119$7,407$6,753$5,985
10 years$8,673$7,839$7,078$6,384$5,754$5,021
11 years$7,804$6,979$6,231$5,556$4,949$4,250
12 years$7,081$6,264$5,530$4,874$4,288$3,624
13 years$6,469$5,661$4,941$4,303$3,739$3,108
14 years$5,945$5,145$4,439$3,820$3,278$2,679
15 years$5,491$4,700$4,008$3,406$2,886$2,318
16 years$5,095$4,313$3,634$3,050$2,551$2,013
17 years$4,745$3,972$3,307$2,740$2,262$1,753
18 years$4,435$3,670$3,019$2,470$2,011$1,531
19 years$4,158$3,401$2,763$2,232$1,792$1,339
20 years$3,908$3,161$2,536$2,021$1,601$1,174
21 years$3,683$2,944$2,333$1,834$1,433$1,031
22 years$3,479$2,748$2,150$1,668$1,284$906
23 years$3,292$2,570$1,985$1,519$1,153$798
24 years$3,122$2,408$1,836$1,385$1,036$703
25 years$2,965$2,260$1,700$1,265$932$620
26 years$2,820$2,124$1,577$1,157$840$547
27 years$2,687$1,999$1,464$1,059$757$484
28 years$2,563$1,884$1,361$970$683$427
29 years$2,448$1,777$1,267$890$617$378
30 years$2,341$1,678$1,180$816$557$334
31 years$2,241$1,586$1,100$750$504$296
32 years$2,147$1,501$1,026$689$456$262
33 years$2,059$1,422$958$634$413$232
34 years$1,977$1,347$895$583$374$206
35 years$1,900$1,278$837$537$338$182
36 years$1,826$1,213$783$494$307$162
37 years$1,758$1,152$733$455$278$143
38 years$1,692$1,095$686$420$252$127
39 years$1,631$1,041$643$387$228$113
40 years$1,572$990$603$357$207$100
41 years$1,517$943$565$329$188$89
42 years$1,464$898$530$304$171$79
43 years$1,414$856$498$281$155$70
44 years$1,366$816$467$259$141$62
45 years$1,321$778$439$239$128$55
46 years$1,278$742$412$221$116$49
47 years$1,236$708$387$204$105$43
48 years$1,197$676$364$189$96$39
49 years$1,159$645$342$174$87$34
50 years$1,123$617$321$161$79$30

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,150,000, adding $3,451 every year, while hoping to spend $55,615 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: 69/18/13 Blend
43$1,150,000$1,150,000$1,150,000$1,150,000
44$1,270,860$1,209,910$1,192,085$1,354,657
45$1,341,313$1,210,021$1,172,846$1,410,906
46$1,417,090$1,208,274$1,151,098$1,465,429
47$1,498,672$1,204,519$1,126,699$1,523,636
48$1,586,593$1,198,597$1,099,500$1,585,882
49$1,681,436$1,190,339$1,069,343$1,652,559
50$1,783,842$1,179,565$1,036,067$1,724,098
51$1,894,518$1,166,088$999,498$1,800,977
52$2,014,237$1,149,704$959,460$1,883,724
53$2,143,852$1,130,202$915,764$1,972,921
54$2,284,298$1,107,356$868,216$2,069,211
55$2,436,606$1,080,926$816,611$2,173,305
56$2,601,907$1,050,659$760,735$2,285,987
57$2,781,448$1,016,287$700,365$2,408,124
58$2,976,597$977,526$635,269$2,540,672
59$3,188,862$934,077$565,203$2,684,690
60$3,419,900$885,621$489,911$2,841,342
61$3,671,536$831,823$409,130$3,011,917
62$3,945,778$772,327$322,580$3,197,838
63$4,244,833$706,758$229,973$3,400,675
64$4,571,136$634,718$131,006$3,622,162
65$4,927,360$555,788$25,364$3,864,212
66$5,316,454$469,525$0$4,128,937
67$5,741,660$375,459$0$4,430,791
68$6,206,550$273,097$0$4,764,768
69$6,715,054$161,915$0$5,130,238
70$7,271,502$41,361$0$5,530,387
71$7,880,660$0$0$5,968,731
72$8,547,778$0$0$6,466,801
73$9,278,635$0$0$7,021,498
74$10,079,598$0$0$7,629,470
75$10,957,677$0$0$8,296,045
76$11,920,593$0$0$9,027,096
77$12,976,852$0$0$9,829,086
78$14,135,821$0$0$10,709,137
79$15,407,817$0$0$11,675,095
80$16,804,207$0$0$12,735,599
81$18,337,509$0$0$13,900,169
82$20,021,515$0$0$15,179,290
83$21,871,418$0$0$16,584,512
84$23,903,953$0$0$18,128,559
85$26,137,559$0$0$19,825,452
86$28,592,548$0$0$21,690,632
87$31,291,298$0$0$23,741,114
88$34,258,463$0$0$25,995,644
89$37,521,206$0$0$28,474,874
90$41,109,453$0$0$31,201,557
91$45,056,175$0$0$34,200,762
92$49,397,700$0$0$37,500,110
93$54,174,053$0$0$41,130,035
94$59,429,334$0$0$45,124,066
95$65,212,133$0$0$49,519,150
96$71,575,991$0$0$54,355,994
97$78,579,896$0$0$59,679,451
98$86,288,849$0$0$65,538,945
99$94,774,471$0$0$71,988,930
100$104,115,676$0$0$79,089,412