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%19.1%
1 years$103,224$102,304$101,407$100,532$99,677$96,026
2 years$51,101$50,149$49,227$48,333$47,465$43,827
3 years$33,729$32,773$31,853$30,967$30,114$26,604
4 years$25,045$24,092$23,181$22,310$21,477$18,122
5 years$19,835$18,888$17,989$17,136$16,327$13,134
6 years$16,364$15,424$14,538$13,704$12,919$9,892
7 years$13,885$12,953$12,081$11,267$10,506$7,644
8 years$12,027$11,103$10,246$9,451$8,716$6,016
9 years$10,582$9,667$8,825$8,051$7,340$4,799
10 years$9,427$8,521$7,694$6,940$6,254$3,867
11 years$8,483$7,586$6,773$6,040$5,379$3,141
12 years$7,696$6,809$6,011$5,298$4,661$2,567
13 years$7,031$6,153$5,371$4,677$4,065$2,108
14 years$6,462$5,593$4,825$4,152$3,563$1,738
15 years$5,969$5,109$4,357$3,703$3,137$1,437
16 years$5,538$4,688$3,950$3,315$2,773$1,192
17 years$5,158$4,317$3,594$2,979$2,458$990
18 years$4,821$3,989$3,281$2,684$2,186$824
19 years$4,519$3,697$3,004$2,426$1,948$687
20 years$4,248$3,436$2,757$2,197$1,740$574
21 years$4,004$3,200$2,536$1,994$1,557$479
22 years$3,781$2,987$2,337$1,813$1,396$401
23 years$3,579$2,794$2,158$1,651$1,253$335
24 years$3,393$2,618$1,996$1,506$1,126$281
25 years$3,223$2,457$1,848$1,375$1,014$235
26 years$3,066$2,309$1,714$1,257$913$197
27 years$2,921$2,173$1,592$1,151$823$165
28 years$2,786$2,047$1,480$1,054$743$138
29 years$2,661$1,931$1,377$967$671$116
30 years$2,544$1,824$1,283$887$606$97
31 years$2,436$1,724$1,196$815$548$82
32 years$2,334$1,632$1,116$749$496$69
33 years$2,239$1,545$1,042$689$448$58
34 years$2,149$1,464$973$634$406$48
35 years$2,065$1,389$910$583$368$41
36 years$1,985$1,318$851$537$333$34
37 years$1,910$1,252$797$495$302$29
38 years$1,840$1,190$746$456$274$24
39 years$1,772$1,132$699$421$248$20
40 years$1,709$1,077$655$388$225$17
41 years$1,649$1,025$614$358$204$14
42 years$1,591$976$576$330$185$12
43 years$1,537$930$541$305$168$10
44 years$1,485$886$508$282$153$8
45 years$1,436$845$477$260$139$7
46 years$1,389$806$448$240$126$6
47 years$1,344$770$421$222$114$5
48 years$1,301$735$395$205$104$4
49 years$1,260$702$372$190$94$3
50 years$1,220$670$349$175$86$3

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 $4,969 every year, while hoping to spend $20,843 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: 62/15/23 Blend
43$1,250,000$1,250,000$1,250,000$1,250,000
44$1,382,626$1,316,376$1,297,001$1,459,699
45$1,501,477$1,358,701$1,318,273$1,554,757
46$1,631,752$1,402,402$1,339,560$1,655,757
47$1,774,595$1,447,524$1,360,839$1,765,568
48$1,931,264$1,494,113$1,382,088$1,885,050
49$2,103,147$1,542,219$1,403,282$2,015,155
50$2,291,771$1,591,891$1,424,396$2,156,927
51$2,498,819$1,643,181$1,445,400$2,311,518
52$2,726,145$1,696,143$1,466,267$2,480,196
53$2,975,790$1,750,832$1,486,965$2,664,357
54$3,250,004$1,807,306$1,507,462$2,865,539
55$3,551,263$1,865,623$1,527,721$3,085,436
56$3,882,299$1,925,846$1,547,706$3,325,914
57$4,246,118$1,988,036$1,567,379$3,589,028
58$4,646,032$2,052,261$1,586,697$3,877,043
59$5,085,693$2,118,587$1,605,616$4,192,452
60$5,569,120$2,187,084$1,624,091$4,538,003
61$6,100,745$2,257,826$1,642,073$4,916,723
62$6,685,448$2,330,886$1,659,509$5,331,946
63$7,328,607$2,406,343$1,676,346$5,787,346
64$8,036,147$2,484,277$1,692,526$6,286,970
65$8,814,598$2,564,769$1,707,989$6,835,278
66$9,671,151$2,647,908$1,722,671$7,437,184
67$10,613,733$2,733,780$1,736,505$8,098,098
68$11,651,076$2,822,477$1,749,421$8,823,988
69$12,792,803$2,914,095$1,761,343$9,621,423
70$14,049,515$3,008,732$1,772,194$10,497,645
71$15,432,895$3,106,490$1,781,892$11,460,631
72$16,955,815$3,207,473$1,790,351$12,519,174
73$18,632,460$3,311,790$1,797,478$13,682,959
74$20,478,457$3,419,554$1,803,180$14,962,661
75$22,511,028$3,530,881$1,807,356$16,370,039
76$24,749,151$3,645,892$1,809,900$17,918,054
77$27,213,735$3,764,711$1,810,702$19,620,987
78$29,927,822$3,887,468$1,809,647$21,494,572
79$32,916,802$4,014,296$1,806,612$23,556,150
80$36,208,652$4,145,333$1,801,470$25,824,827
81$39,834,203$4,280,723$1,794,088$28,321,660
82$43,827,427$4,420,613$1,784,325$31,069,848
83$48,225,759$4,565,158$1,772,034$34,094,959
84$53,070,450$4,714,514$1,757,061$37,425,166
85$58,406,959$4,868,848$1,739,245$41,091,514
86$64,285,376$5,028,329$1,718,417$45,128,216
87$70,760,900$5,193,133$1,694,400$49,572,971
88$77,894,357$5,363,442$1,667,008$54,467,323
89$85,752,777$5,539,446$1,636,047$59,857,052
90$94,410,021$5,721,339$1,601,316$65,792,606
91$103,947,483$5,909,325$1,562,600$72,329,579
92$114,454,857$6,103,613$1,519,678$79,529,234
93$126,030,982$6,304,419$1,472,317$87,459,080
94$138,784,776$6,511,970$1,420,274$96,193,512
95$152,836,265$6,726,498$1,363,294$105,814,512
96$168,317,712$6,948,244$1,301,112$116,412,425
97$185,374,868$7,177,458$1,233,450$128,086,806
98$204,168,351$7,414,400$1,160,016$140,947,366
99$224,875,154$7,659,337$1,080,508$155,115,007
100$247,690,322$7,912,547$994,608$170,722,958