Can I retire at age 44 with 1,410,000?

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 $1,410,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.6%
1 years$116,436$115,399$114,387$113,400$112,435$108,102
2 years$57,642$56,568$55,528$54,519$53,541$49,227
3 years$38,046$36,968$35,930$34,931$33,968$29,810
4 years$28,250$27,175$26,148$25,166$24,227$20,255
5 years$22,374$21,306$20,292$19,330$18,417$14,642
6 years$18,458$17,398$16,399$15,458$14,572$10,997
7 years$15,662$14,611$13,628$12,709$11,851$8,474
8 years$13,566$12,524$11,557$10,661$9,832$6,649
9 years$11,937$10,904$9,954$9,081$8,280$5,288
10 years$10,634$9,612$8,678$7,828$7,055$4,247
11 years$9,569$8,557$7,640$6,813$6,067$3,438
12 years$8,681$7,680$6,781$5,976$5,258$2,800
13 years$7,931$6,941$6,058$5,276$4,585$2,292
14 years$7,289$6,309$5,443$4,683$4,019$1,883
15 years$6,733$5,763$4,914$4,176$3,539$1,552
16 years$6,247$5,288$4,456$3,740$3,128$1,282
17 years$5,818$4,870$4,054$3,360$2,773$1,061
18 years$5,438$4,500$3,701$3,028$2,466$880
19 years$5,098$4,170$3,388$2,736$2,198$731
20 years$4,792$3,875$3,110$2,478$1,963$608
21 years$4,516$3,610$2,860$2,249$1,757$506
22 years$4,265$3,370$2,636$2,045$1,575$421
23 years$4,037$3,151$2,434$1,862$1,414$351
24 years$3,827$2,953$2,251$1,698$1,270$293
25 years$3,635$2,771$2,085$1,551$1,143$244
26 years$3,458$2,604$1,934$1,418$1,030$204
27 years$3,294$2,451$1,796$1,298$928$170
28 years$3,143$2,309$1,669$1,189$838$142
29 years$3,002$2,179$1,553$1,091$756$119
30 years$2,870$2,058$1,447$1,001$684$99
31 years$2,747$1,945$1,349$919$618$83
32 years$2,633$1,840$1,259$845$559$69
33 years$2,525$1,743$1,175$777$506$58
34 years$2,424$1,652$1,098$715$458$48
35 years$2,329$1,567$1,026$658$415$40
36 years$2,239$1,487$960$606$376$34
37 years$2,155$1,412$899$558$341$28
38 years$2,075$1,342$842$515$309$24
39 years$1,999$1,276$789$475$280$20
40 years$1,928$1,214$739$438$254$16
41 years$1,860$1,156$693$404$230$14
42 years$1,795$1,101$650$373$209$12
43 years$1,734$1,049$610$344$190$10
44 years$1,675$1,000$573$318$172$8
45 years$1,620$953$538$293$156$7
46 years$1,566$910$505$271$142$6
47 years$1,516$868$474$250$129$5
48 years$1,467$829$446$231$117$4
49 years$1,421$791$419$214$106$3
50 years$1,377$756$394$198$97$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,410,000, adding $6,232 every year, while hoping to spend $58,723 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: 43/29/28 Blend
43$1,410,000$1,410,000$1,410,000$1,410,000
44$1,560,248$1,485,518$1,463,663$1,614,370
45$1,656,913$1,495,828$1,450,215$1,664,068
46$1,761,469$1,504,674$1,434,348$1,711,846
47$1,874,660$1,511,924$1,415,920$1,762,492
48$1,997,302$1,517,436$1,394,780$1,816,307
49$2,130,293$1,521,057$1,370,772$1,873,626
50$2,274,622$1,522,627$1,343,732$1,934,821
51$2,431,374$1,521,976$1,313,487$2,000,304
52$2,601,743$1,518,923$1,279,858$2,070,535
53$2,787,046$1,513,274$1,242,658$2,146,024
54$2,988,726$1,504,827$1,201,689$2,227,337
55$3,208,376$1,493,363$1,156,746$2,315,103
56$3,447,747$1,478,654$1,107,613$2,410,020
57$3,708,765$1,460,456$1,054,066$2,512,861
58$3,993,552$1,438,511$995,870$2,624,486
59$4,304,441$1,412,545$932,778$2,745,846
60$4,644,003$1,382,269$864,535$2,877,997
61$5,015,066$1,347,374$790,872$3,022,108
62$5,420,744$1,307,538$711,508$3,179,476
63$5,864,468$1,262,415$626,151$3,351,536
64$6,350,012$1,211,641$534,495$3,539,879
65$6,881,533$1,154,831$436,220$3,746,264
66$7,463,609$1,091,578$330,994$3,972,641
67$8,101,283$1,021,451$218,468$4,221,168
68$8,800,105$943,994$98,278$4,494,230
69$9,566,191$858,724$0$4,794,471
70$10,406,275$765,134$0$5,133,770
71$11,327,773$662,684$0$5,538,316
72$12,338,856$550,806$0$5,982,415
73$13,448,523$428,898$0$6,470,148
74$14,666,685$296,327$0$7,006,016
75$16,004,262$152,422$0$7,594,989
76$17,473,281$0$0$8,242,550
77$19,086,993$0$0$8,955,875
78$20,859,994$0$0$9,793,235
79$22,808,363$0$0$10,713,608
80$24,949,817$0$0$11,725,385
81$27,303,872$0$0$12,837,811
82$29,892,029$0$0$14,061,073
83$32,737,978$0$0$15,406,392
84$35,867,818$0$0$16,886,133
85$39,310,304$0$0$18,513,918
86$43,097,120$0$0$20,304,758
87$47,263,170$0$0$22,275,190
88$51,846,918$0$0$24,443,435
89$56,890,740$0$0$26,829,571
90$62,441,327$0$0$29,455,719
91$68,550,128$0$0$32,346,254
92$75,273,830$0$0$35,528,035
93$82,674,894$0$0$39,030,655
94$90,822,146$0$0$42,886,723
95$99,791,422$0$0$47,132,171
96$109,666,284$0$0$51,806,591
97$120,538,810$0$0$56,953,610
98$132,510,461$0$0$62,621,302
99$145,693,036$0$0$68,862,639
100$160,209,729$0$0$75,735,992