Can I retire at age 44 with 1,250,000?

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 $1,250,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$103,224$102,304$101,407$100,532$99,677$96,953
2 years$51,101$50,149$49,227$48,333$47,465$44,740
3 years$33,729$32,773$31,853$30,967$30,114$27,474
4 years$25,045$24,092$23,181$22,310$21,477$18,943
5 years$19,835$18,888$17,989$17,136$16,327$13,904
6 years$16,364$15,424$14,538$13,704$12,919$10,610
7 years$13,885$12,953$12,081$11,267$10,506$8,313
8 years$12,027$11,103$10,246$9,451$8,716$6,636
9 years$10,582$9,667$8,825$8,051$7,340$5,371
10 years$9,427$8,521$7,694$6,940$6,254$4,394
11 years$8,483$7,586$6,773$6,040$5,379$3,624
12 years$7,696$6,809$6,011$5,298$4,661$3,009
13 years$7,031$6,153$5,371$4,677$4,065$2,512
14 years$6,462$5,593$4,825$4,152$3,563$2,106
15 years$5,969$5,109$4,357$3,703$3,137$1,771
16 years$5,538$4,688$3,950$3,315$2,773$1,494
17 years$5,158$4,317$3,594$2,979$2,458$1,264
18 years$4,821$3,989$3,281$2,684$2,186$1,071
19 years$4,519$3,697$3,004$2,426$1,948$909
20 years$4,248$3,436$2,757$2,197$1,740$773
21 years$4,004$3,200$2,536$1,994$1,557$658
22 years$3,781$2,987$2,337$1,813$1,396$560
23 years$3,579$2,794$2,158$1,651$1,253$478
24 years$3,393$2,618$1,996$1,506$1,126$408
25 years$3,223$2,457$1,848$1,375$1,014$348
26 years$3,066$2,309$1,714$1,257$913$297
27 years$2,921$2,173$1,592$1,151$823$254
28 years$2,786$2,047$1,480$1,054$743$217
29 years$2,661$1,931$1,377$967$671$186
30 years$2,544$1,824$1,283$887$606$159
31 years$2,436$1,724$1,196$815$548$136
32 years$2,334$1,632$1,116$749$496$116
33 years$2,239$1,545$1,042$689$448$100
34 years$2,149$1,464$973$634$406$85
35 years$2,065$1,389$910$583$368$73
36 years$1,985$1,318$851$537$333$63
37 years$1,910$1,252$797$495$302$54
38 years$1,840$1,190$746$456$274$46
39 years$1,772$1,132$699$421$248$39
40 years$1,709$1,077$655$388$225$34
41 years$1,649$1,025$614$358$204$29
42 years$1,591$976$576$330$185$25
43 years$1,537$930$541$305$168$21
44 years$1,485$886$508$282$153$18
45 years$1,436$845$477$260$139$16
46 years$1,389$806$448$240$126$13
47 years$1,344$770$421$222$114$11
48 years$1,301$735$395$205$104$10
49 years$1,260$702$372$190$94$8
50 years$1,220$670$349$175$86$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,250,000, adding $6,904 every year, while hoping to spend $44,605 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: 47/27/26 Blend
43$1,250,000$1,250,000$1,250,000$1,250,000
44$1,384,621$1,318,371$1,298,996$1,439,109
45$1,478,393$1,335,512$1,295,053$1,495,287
46$1,580,235$1,351,998$1,289,483$1,551,311
47$1,690,923$1,367,750$1,282,185$1,611,249
48$1,811,310$1,382,682$1,273,051$1,675,488
49$1,942,336$1,396,706$1,261,970$1,744,461
50$2,085,034$1,409,724$1,248,826$1,818,643
51$2,240,541$1,421,635$1,233,496$1,898,563
52$2,410,110$1,432,328$1,215,851$1,984,803
53$2,595,117$1,441,688$1,195,758$2,078,007
54$2,797,079$1,449,591$1,173,076$2,178,888
55$3,017,664$1,455,904$1,147,658$2,288,234
56$3,258,711$1,460,489$1,119,349$2,406,916
57$3,522,242$1,463,195$1,087,990$2,535,896
58$3,810,484$1,463,865$1,053,410$2,676,238
59$4,125,889$1,462,330$1,015,436$2,829,116
60$4,471,158$1,458,412$973,881$2,995,830
61$4,849,264$1,451,922$928,553$3,177,814
62$5,263,481$1,442,658$879,252$3,376,654
63$5,717,415$1,430,408$825,766$3,594,100
64$6,215,038$1,414,944$767,876$3,832,086
65$6,760,723$1,396,028$705,351$4,092,748
66$7,359,289$1,373,405$637,952$4,378,445
67$8,016,041$1,346,807$565,428$4,691,782
68$8,736,824$1,315,947$487,517$5,035,635
69$9,528,076$1,280,524$403,944$5,413,179
70$10,396,888$1,240,219$314,425$5,827,922
71$11,351,073$1,194,692$218,661$6,283,732
72$12,399,237$1,143,586$116,341$6,784,883
73$13,550,860$1,086,523$7,139$7,336,090
74$14,816,386$1,023,100$0$7,942,558
75$16,207,320$952,895$0$8,640,381
76$17,736,339$875,459$0$9,409,636
77$19,417,408$790,319$0$10,255,437
78$21,265,913$696,974$0$11,185,611
79$23,298,805$594,895$0$12,208,788
80$25,534,761$483,523$0$13,334,482
81$27,994,358$362,267$0$14,573,182
82$30,700,268$230,503$0$15,936,454
83$33,677,471$87,573$0$17,437,048
84$36,953,490$0$0$19,089,022
85$40,558,653$0$0$20,927,846
86$44,526,373$0$0$22,980,395
87$48,893,469$0$0$25,239,719
88$53,700,509$0$0$27,726,826
89$58,992,194$0$0$30,464,866
90$64,817,779$0$0$33,479,349
91$71,231,538$0$0$36,798,382
92$78,293,275$0$0$40,452,936
93$86,068,886$0$0$44,477,140
94$94,630,985$0$0$48,908,600
95$104,059,585$0$0$53,788,755
96$114,442,853$0$0$59,163,268
97$125,877,945$0$0$65,082,454
98$138,471,916$0$0$71,601,760
99$152,342,737$0$0$78,782,284
100$167,620,402$0$0$86,691,351