Can I retire at age 44 with 1,390,000?

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 $1,390,000?

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$114,785$113,762$112,765$111,791$110,841$110,050
2 years$56,824$55,766$54,740$53,746$52,781$51,984
3 years$37,507$36,444$35,421$34,435$33,487$32,707
4 years$27,850$26,790$25,777$24,809$23,883$23,128
5 years$22,057$21,004$20,004$19,056$18,155$17,426
6 years$18,196$17,151$16,166$15,239$14,366$13,664
7 years$15,440$14,403$13,434$12,529$11,683$11,009
8 years$13,374$12,346$11,393$10,510$9,692$9,046
9 years$11,767$10,750$9,813$8,952$8,162$7,543
10 years$10,483$9,475$8,555$7,717$6,955$6,363
11 years$9,433$8,435$7,532$6,716$5,981$5,416
12 years$8,558$7,571$6,684$5,891$5,183$4,644
13 years$7,819$6,842$5,972$5,201$4,520$4,006
14 years$7,186$6,219$5,366$4,617$3,962$3,473
15 years$6,637$5,681$4,845$4,117$3,489$3,024
16 years$6,158$5,213$4,392$3,687$3,083$2,642
17 years$5,736$4,801$3,997$3,312$2,734$2,316
18 years$5,361$4,436$3,649$2,985$2,431$2,035
19 years$5,025$4,111$3,340$2,697$2,167$1,792
20 years$4,724$3,820$3,065$2,443$1,935$1,581
21 years$4,452$3,559$2,820$2,217$1,732$1,398
22 years$4,205$3,322$2,599$2,016$1,552$1,237
23 years$3,979$3,107$2,399$1,836$1,393$1,097
24 years$3,773$2,911$2,219$1,674$1,252$973
25 years$3,584$2,732$2,055$1,529$1,127$864
26 years$3,409$2,567$1,906$1,398$1,015$768
27 years$3,248$2,416$1,770$1,280$915$684
28 years$3,098$2,277$1,646$1,173$826$609
29 years$2,959$2,148$1,531$1,075$746$542
30 years$2,829$2,028$1,426$987$674$483
31 years$2,709$1,918$1,330$906$609$431
32 years$2,595$1,814$1,241$833$551$384
33 years$2,489$1,718$1,158$766$499$343
34 years$2,390$1,628$1,082$705$452$306
35 years$2,296$1,545$1,012$649$409$274
36 years$2,208$1,466$947$597$371$244
37 years$2,124$1,392$886$551$336$218
38 years$2,046$1,323$830$507$304$195
39 years$1,971$1,258$777$468$276$174
40 years$1,900$1,197$729$432$250$156
41 years$1,833$1,140$683$398$227$139
42 years$1,770$1,085$641$367$206$125
43 years$1,709$1,034$601$339$187$111
44 years$1,652$986$565$313$170$100
45 years$1,597$940$530$289$154$89
46 years$1,544$897$498$267$140$80
47 years$1,494$856$468$247$127$71
48 years$1,447$817$440$228$115$64
49 years$1,401$780$413$211$105$57
50 years$1,357$745$388$195$95$51

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,390,000, adding $4,634 every year, while hoping to spend $26,669 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: 36/47/17 Blend
43$1,390,000$1,390,000$1,390,000$1,390,000
44$1,536,560$1,462,890$1,441,345$1,583,757
45$1,664,913$1,506,196$1,461,254$1,661,696
46$1,805,465$1,550,730$1,480,937$1,742,929
47$1,959,431$1,596,524$1,500,357$1,830,061
48$2,128,151$1,643,612$1,519,476$1,923,632
49$2,313,099$1,692,025$1,538,255$2,024,238
50$2,515,899$1,741,799$1,556,652$2,132,531
51$2,738,342$1,792,968$1,574,620$2,249,232
52$2,982,397$1,845,568$1,592,114$2,375,131
53$3,250,235$1,899,634$1,609,084$2,511,098
54$3,544,248$1,955,205$1,625,477$2,658,092
55$3,867,067$2,012,316$1,641,237$2,817,165
56$4,221,596$2,071,007$1,656,306$2,989,477
57$4,611,029$2,131,317$1,670,622$3,176,305
58$5,038,888$2,193,285$1,684,122$3,379,054
59$5,509,050$2,256,952$1,696,736$3,599,270
60$6,025,790$2,322,359$1,708,393$3,838,657
61$6,593,813$2,389,548$1,719,017$4,099,089
62$7,218,307$2,458,560$1,728,528$4,382,631
63$7,904,984$2,529,440$1,736,844$4,691,555
64$8,660,141$2,602,231$1,743,877$5,028,367
65$9,490,712$2,676,977$1,749,534$5,395,823
66$10,404,340$2,753,724$1,753,718$5,796,959
67$11,409,443$2,832,517$1,756,328$6,235,122
68$12,515,298$2,913,402$1,757,257$6,713,995
69$13,732,127$2,996,427$1,756,393$7,237,636
70$15,071,190$3,081,638$1,753,619$7,810,517
71$16,544,897$3,169,084$1,748,811$8,437,562
72$18,166,920$3,258,813$1,741,840$9,124,196
73$19,952,325$3,350,874$1,732,570$9,876,397
74$21,917,710$3,445,315$1,720,860$10,700,749
75$24,081,368$3,542,187$1,706,560$11,604,508
76$26,463,453$3,641,539$1,689,515$12,595,665
77$29,086,172$3,743,422$1,669,561$13,683,029
78$31,973,998$3,847,885$1,646,527$14,876,302
79$35,153,894$3,954,980$1,620,234$16,186,174
80$38,655,574$4,064,757$1,590,495$17,624,427
81$42,511,779$4,177,266$1,557,112$19,204,039
82$46,758,587$4,292,559$1,519,882$20,939,313
83$51,435,753$4,410,684$1,478,589$22,846,007
84$56,587,086$4,531,694$1,433,007$24,941,486
85$62,260,858$4,655,636$1,382,903$27,244,886
86$68,510,265$4,782,562$1,328,029$29,777,290
87$75,393,923$4,912,519$1,268,129$32,561,932
88$82,976,427$5,045,555$1,202,935$35,624,415
89$91,328,953$5,181,719$1,132,165$38,992,950
90$100,529,939$5,321,056$1,055,525$42,698,626
91$110,665,817$5,463,612$972,709$46,775,701
92$121,831,832$5,609,430$883,396$51,261,927
93$134,132,940$5,758,553$787,251$56,198,905
94$147,684,801$5,911,023$683,925$61,632,476
95$162,614,865$6,066,879$573,051$67,613,160
96$179,063,583$6,226,157$454,250$74,196,627
97$197,185,722$6,388,892$327,121$81,444,225
98$217,151,836$6,555,118$191,250$89,423,557
99$239,149,868$6,724,864$46,201$98,209,125
100$263,386,929$6,898,156$0$107,883,026