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%14.2%
1 years$103,224$102,304$101,407$100,532$99,677$97,945
2 years$51,101$50,149$49,227$48,333$47,465$45,726
3 years$33,729$32,773$31,853$30,967$30,114$28,421
4 years$25,045$24,092$23,181$22,310$21,477$19,845
5 years$19,835$18,888$17,989$17,136$16,327$14,759
6 years$16,364$15,424$14,538$13,704$12,919$11,417
7 years$13,885$12,953$12,081$11,267$10,506$9,072
8 years$12,027$11,103$10,246$9,451$8,716$7,348
9 years$10,582$9,667$8,825$8,051$7,340$6,037
10 years$9,427$8,521$7,694$6,940$6,254$5,016
11 years$8,483$7,586$6,773$6,040$5,379$4,204
12 years$7,696$6,809$6,011$5,298$4,661$3,548
13 years$7,031$6,153$5,371$4,677$4,065$3,011
14 years$6,462$5,593$4,825$4,152$3,563$2,568
15 years$5,969$5,109$4,357$3,703$3,137$2,198
16 years$5,538$4,688$3,950$3,315$2,773$1,887
17 years$5,158$4,317$3,594$2,979$2,458$1,625
18 years$4,821$3,989$3,281$2,684$2,186$1,403
19 years$4,519$3,697$3,004$2,426$1,948$1,213
20 years$4,248$3,436$2,757$2,197$1,740$1,051
21 years$4,004$3,200$2,536$1,994$1,557$912
22 years$3,781$2,987$2,337$1,813$1,396$792
23 years$3,579$2,794$2,158$1,651$1,253$689
24 years$3,393$2,618$1,996$1,506$1,126$599
25 years$3,223$2,457$1,848$1,375$1,014$522
26 years$3,066$2,309$1,714$1,257$913$455
27 years$2,921$2,173$1,592$1,151$823$397
28 years$2,786$2,047$1,480$1,054$743$346
29 years$2,661$1,931$1,377$967$671$302
30 years$2,544$1,824$1,283$887$606$264
31 years$2,436$1,724$1,196$815$548$231
32 years$2,334$1,632$1,116$749$496$201
33 years$2,239$1,545$1,042$689$448$176
34 years$2,149$1,464$973$634$406$154
35 years$2,065$1,389$910$583$368$135
36 years$1,985$1,318$851$537$333$118
37 years$1,910$1,252$797$495$302$103
38 years$1,840$1,190$746$456$274$90
39 years$1,772$1,132$699$421$248$79
40 years$1,709$1,077$655$388$225$69
41 years$1,649$1,025$614$358$204$60
42 years$1,591$976$576$330$185$53
43 years$1,537$930$541$305$168$46
44 years$1,485$886$508$282$153$40
45 years$1,436$845$477$260$139$35
46 years$1,389$806$448$240$126$31
47 years$1,344$770$421$222$114$27
48 years$1,301$735$395$205$104$24
49 years$1,260$702$372$190$94$21
50 years$1,220$670$349$175$86$18

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 $3,518 every year, while hoping to spend $43,597 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: 32/43/25 Blend
43$1,250,000$1,250,000$1,250,000$1,250,000
44$1,381,129$1,314,879$1,295,504$1,414,644
45$1,475,617$1,332,921$1,292,516$1,458,436
46$1,578,282$1,350,386$1,287,968$1,501,433
47$1,689,911$1,367,200$1,281,759$1,546,872
48$1,811,372$1,383,283$1,273,788$1,594,995
49$1,943,619$1,398,550$1,263,946$1,646,074
50$2,087,700$1,412,911$1,252,121$1,700,408
51$2,244,771$1,426,269$1,238,193$1,758,331
52$2,416,104$1,438,523$1,222,038$1,820,212
53$2,603,097$1,449,561$1,203,527$1,886,462
54$2,807,291$1,459,267$1,182,523$1,957,536
55$3,030,380$1,467,517$1,158,883$2,033,940
56$3,274,233$1,474,179$1,132,460$2,116,233
57$3,540,903$1,479,112$1,103,095$2,205,038
58$3,832,653$1,482,167$1,070,627$2,301,041
59$4,151,976$1,483,184$1,034,885$2,405,007
60$4,501,613$1,481,996$995,689$2,517,780
61$4,884,587$1,478,423$952,854$2,640,297
62$5,304,224$1,472,275$906,184$2,773,595
63$5,764,188$1,463,350$855,474$2,918,823
64$6,268,515$1,451,434$800,513$3,077,252
65$6,821,649$1,436,301$741,076$3,250,289
66$7,428,487$1,417,708$676,931$3,439,493
67$8,094,418$1,395,402$607,834$3,646,587
68$8,825,385$1,369,112$533,532$3,873,478
69$9,627,927$1,338,552$453,759$4,122,275
70$10,509,254$1,303,419$368,238$4,395,313
71$11,477,302$1,263,391$276,679$4,695,171
72$12,540,819$1,218,130$178,779$5,024,702
73$13,709,439$1,167,275$74,225$5,387,060
74$14,993,776$1,110,445$0$5,785,732
75$16,405,524$1,047,240$0$6,234,535
76$17,957,565$977,232$0$6,749,541
77$19,664,093$899,972$0$7,315,731
78$21,540,744$814,985$0$7,938,405
79$23,604,747$721,766$0$8,623,409
80$25,875,085$619,786$0$9,377,197
81$28,372,670$508,483$0$10,206,891
82$31,120,547$387,263$0$11,120,347
83$34,144,104$255,499$0$12,126,236
84$37,471,315$112,531$0$13,234,123
85$41,133,004$0$0$14,454,562
86$45,163,133$0$0$15,819,230
87$49,599,124$0$0$17,380,164
88$54,482,210$0$0$19,098,656
89$59,857,827$0$0$20,990,724
90$65,776,037$0$0$23,074,019
91$72,292,005$0$0$25,367,991
92$79,466,516$0$0$27,894,071
93$87,366,551$0$0$30,675,875
94$96,065,914$0$0$33,739,427
95$105,645,933$0$0$37,113,402
96$116,196,225$0$0$40,829,397
97$127,815,540$0$0$44,922,232
98$140,612,696$0$0$49,430,276
99$154,707,601$0$0$54,395,808
100$170,232,387$0$0$59,865,420