Can I retire at age 44 with 1,490,000?

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 $1,490,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$123,043$121,947$120,878$119,834$118,815$117,087
2 years$60,912$59,778$58,678$57,612$56,578$54,842
3 years$40,205$39,065$37,969$36,913$35,896$34,204
4 years$29,853$28,717$27,632$26,594$25,601$23,967
5 years$23,644$22,515$21,443$20,426$19,462$17,890
6 years$19,505$18,385$17,329$16,335$15,399$13,892
7 years$16,551$15,440$14,401$13,430$12,524$11,081
8 years$14,336$13,235$12,213$11,266$10,390$9,012
9 years$12,614$11,523$10,519$9,596$8,750$7,436
10 years$11,237$10,157$9,171$8,272$7,455$6,204
11 years$10,111$9,042$8,074$7,199$6,412$5,222
12 years$9,174$8,116$7,165$6,315$5,556$4,427
13 years$8,381$7,334$6,402$5,575$4,845$3,775
14 years$7,703$6,667$5,752$4,949$4,247$3,234
15 years$7,115$6,090$5,193$4,413$3,740$2,782
16 years$6,601$5,588$4,708$3,952$3,305$2,401
17 years$6,148$5,146$4,284$3,551$2,930$2,078
18 years$5,746$4,755$3,911$3,200$2,606$1,802
19 years$5,387$4,407$3,580$2,891$2,322$1,567
20 years$5,064$4,095$3,286$2,619$2,074$1,364
21 years$4,772$3,815$3,022$2,377$1,856$1,190
22 years$4,507$3,561$2,786$2,161$1,664$1,039
23 years$4,266$3,330$2,572$1,968$1,494$908
24 years$4,045$3,120$2,379$1,795$1,343$795
25 years$3,841$2,928$2,203$1,639$1,208$696
26 years$3,654$2,752$2,043$1,499$1,088$610
27 years$3,481$2,590$1,897$1,372$981$535
28 years$3,321$2,441$1,764$1,257$885$470
29 years$3,172$2,302$1,641$1,153$799$412
30 years$3,033$2,174$1,529$1,058$722$362
31 years$2,903$2,055$1,425$972$653$318
32 years$2,782$1,945$1,330$893$591$280
33 years$2,668$1,842$1,242$821$535$246
34 years$2,562$1,746$1,160$755$484$216
35 years$2,461$1,656$1,085$695$438$190
36 years$2,366$1,572$1,015$640$397$167
37 years$2,277$1,493$950$590$360$147
38 years$2,193$1,418$889$544$326$130
39 years$2,113$1,349$833$502$296$114
40 years$2,037$1,283$781$463$268$100
41 years$1,965$1,222$732$427$244$88
42 years$1,897$1,163$687$394$221$78
43 years$1,832$1,108$645$364$201$69
44 years$1,770$1,057$605$336$182$60
45 years$1,711$1,008$568$310$165$53
46 years$1,655$961$534$286$150$47
47 years$1,602$917$501$265$136$41
48 years$1,551$876$471$244$124$36
49 years$1,502$836$443$226$112$32
50 years$1,455$799$416$209$102$28

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,490,000, adding $2,304 every year, while hoping to spend $52,401 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: 63/8/29 Blend
43$1,490,000$1,490,000$1,490,000$1,490,000
44$1,644,357$1,565,387$1,542,292$1,735,041
45$1,756,327$1,586,336$1,538,204$1,817,839
46$1,877,961$1,606,556$1,532,223$1,902,326
47$2,010,191$1,625,955$1,524,231$1,993,501
48$2,154,040$1,644,436$1,514,102$2,092,031
49$2,310,634$1,661,896$1,501,706$2,198,648
50$2,481,212$1,678,222$1,486,907$2,314,163
51$2,667,139$1,693,298$1,469,561$2,439,470
52$2,869,914$1,706,996$1,449,518$2,575,556
53$3,091,190$1,719,184$1,426,622$2,723,510
54$3,332,786$1,729,719$1,400,708$2,884,533
55$3,596,703$1,738,447$1,371,605$3,059,950
56$3,885,144$1,745,209$1,339,131$3,251,224
57$4,200,536$1,749,832$1,303,099$3,459,970
58$4,545,550$1,752,133$1,263,312$3,687,966
59$4,923,127$1,751,918$1,219,564$3,937,177
60$5,336,506$1,748,982$1,171,639$4,209,771
61$5,789,253$1,743,105$1,119,312$4,508,136
62$6,285,295$1,734,056$1,062,348$4,834,910
63$6,828,958$1,721,587$1,000,499$5,193,002
64$7,425,005$1,705,439$933,510$5,585,620
65$8,078,684$1,685,333$861,110$6,016,303
66$8,795,771$1,660,976$783,019$6,488,954
67$9,582,633$1,632,058$698,944$7,007,878
68$10,446,281$1,598,247$608,577$7,577,823
69$11,394,436$1,559,196$511,599$8,204,025
70$12,435,607$1,514,534$407,676$8,892,261
71$13,579,163$1,463,871$296,457$9,648,897
72$14,835,428$1,406,791$177,579$10,480,959
73$16,215,775$1,342,857$50,661$11,396,190
74$17,732,732$1,271,605$0$12,403,131
75$19,400,101$1,192,544$0$13,537,434
76$21,233,089$1,105,157$0$14,801,683
77$23,248,448$1,008,893$0$16,191,769
78$25,464,636$903,175$0$17,720,456
79$27,901,988$787,390$0$19,401,811
80$30,582,908$660,889$0$21,251,333
81$33,532,082$522,990$0$23,286,100
82$36,776,707$372,970$0$25,524,935
83$40,346,752$210,066$0$27,988,576
84$44,275,234$33,473$0$30,699,878
85$48,598,535$0$0$33,684,027
86$53,356,739$0$0$36,982,655
87$58,594,017$0$0$40,616,772
88$64,359,037$0$0$44,617,219
89$70,705,423$0$0$49,021,224
90$77,692,267$0$0$53,869,809
91$85,384,678$0$0$59,208,174
92$93,854,401$0$0$65,086,127
93$103,180,490$0$0$71,558,551
94$113,450,059$0$0$78,685,923
95$124,759,096$0$0$86,534,880
96$137,213,374$0$0$95,178,856
97$150,929,447$0$0$104,698,765
98$166,035,750$0$0$115,183,773
99$182,673,808$0$0$126,732,133
100$200,999,573$0$0$139,452,113