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

Use the below retirement simulation to view the chances of a successful retirement.
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%16.1%
1 years$103,224$102,304$101,407$100,532$99,677$97,188
2 years$51,101$50,149$49,227$48,333$47,465$44,974
3 years$33,729$32,773$31,853$30,967$30,114$27,697
4 years$25,045$24,092$23,181$22,310$21,477$19,155
5 years$19,835$18,888$17,989$17,136$16,327$14,104
6 years$16,364$15,424$14,538$13,704$12,919$10,799
7 years$13,885$12,953$12,081$11,267$10,506$8,489
8 years$12,027$11,103$10,246$9,451$8,716$6,800
9 years$10,582$9,667$8,825$8,051$7,340$5,524
10 years$9,427$8,521$7,694$6,940$6,254$4,536
11 years$8,483$7,586$6,773$6,040$5,379$3,756
12 years$7,696$6,809$6,011$5,298$4,661$3,131
13 years$7,031$6,153$5,371$4,677$4,065$2,624
14 years$6,462$5,593$4,825$4,152$3,563$2,209
15 years$5,969$5,109$4,357$3,703$3,137$1,866
16 years$5,538$4,688$3,950$3,315$2,773$1,581
17 years$5,158$4,317$3,594$2,979$2,458$1,343
18 years$4,821$3,989$3,281$2,684$2,186$1,143
19 years$4,519$3,697$3,004$2,426$1,948$975
20 years$4,248$3,436$2,757$2,197$1,740$832
21 years$4,004$3,200$2,536$1,994$1,557$712
22 years$3,781$2,987$2,337$1,813$1,396$609
23 years$3,579$2,794$2,158$1,651$1,253$522
24 years$3,393$2,618$1,996$1,506$1,126$447
25 years$3,223$2,457$1,848$1,375$1,014$384
26 years$3,066$2,309$1,714$1,257$913$329
27 years$2,921$2,173$1,592$1,151$823$283
28 years$2,786$2,047$1,480$1,054$743$243
29 years$2,661$1,931$1,377$967$671$209
30 years$2,544$1,824$1,283$887$606$180
31 years$2,436$1,724$1,196$815$548$154
32 years$2,334$1,632$1,116$749$496$133
33 years$2,239$1,545$1,042$689$448$114
34 years$2,149$1,464$973$634$406$98
35 years$2,065$1,389$910$583$368$85
36 years$1,985$1,318$851$537$333$73
37 years$1,910$1,252$797$495$302$63
38 years$1,840$1,190$746$456$274$54
39 years$1,772$1,132$699$421$248$46
40 years$1,709$1,077$655$388$225$40
41 years$1,649$1,025$614$358$204$34
42 years$1,591$976$576$330$185$30
43 years$1,537$930$541$305$168$26
44 years$1,485$886$508$282$153$22
45 years$1,436$845$477$260$139$19
46 years$1,389$806$448$240$126$16
47 years$1,344$770$421$222$114$14
48 years$1,301$735$395$205$104$12
49 years$1,260$702$372$190$94$10
50 years$1,220$670$349$175$86$9

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 $5,491 every year, while hoping to spend $59,193 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: 31/50/19 Blend
43$1,250,000$1,250,000$1,250,000$1,250,000
44$1,383,164$1,316,914$1,297,539$1,417,675
45$1,461,266$1,318,462$1,278,026$1,445,626
46$1,545,350$1,318,102$1,255,875$1,469,936
47$1,635,965$1,315,677$1,230,935$1,494,851
48$1,733,711$1,311,024$1,203,050$1,520,458
49$1,839,250$1,303,964$1,172,052$1,546,859
50$1,953,308$1,294,313$1,137,771$1,574,170
51$2,076,684$1,281,873$1,100,024$1,602,525
52$2,210,254$1,266,433$1,058,623$1,632,077
53$2,354,983$1,247,772$1,013,371$1,663,000
54$2,511,932$1,225,653$964,059$1,695,491
55$2,682,268$1,199,828$910,474$1,729,778
56$2,867,272$1,170,033$852,387$1,766,114
57$3,068,356$1,135,987$789,565$1,804,790
58$3,287,072$1,097,394$721,759$1,846,131
59$3,525,129$1,053,942$648,713$1,890,507
60$3,784,404$1,005,297$570,157$1,938,332
61$4,066,967$951,110$485,811$1,990,075
62$4,375,092$891,009$395,381$2,046,260
63$4,711,285$824,602$298,559$2,107,477
64$5,078,303$751,474$195,027$2,174,389
65$5,479,180$671,187$84,451$2,247,736
66$5,917,257$583,276$0$2,328,348
67$6,396,214$487,252$0$2,423,956
68$6,920,098$382,599$0$2,547,510
69$7,493,371$268,768$0$2,683,105
70$8,120,941$145,184$0$2,832,116
71$8,808,215$11,237$0$2,996,071
72$9,561,148$0$0$3,176,664
73$10,386,297$0$0$3,449,351
74$11,290,883$0$0$3,755,263
75$12,282,860$0$0$4,090,932
76$13,370,988$0$0$4,459,346
77$14,564,917$0$0$4,863,800
78$15,875,274$0$0$5,307,921
79$17,313,767$0$0$5,795,704
80$18,893,291$0$0$6,331,552
81$20,628,053$0$0$6,920,313
82$22,533,701$0$0$7,567,332
83$24,627,476$0$0$8,278,492
84$26,928,368$0$0$9,060,279
85$29,457,302$0$0$9,919,835
86$32,237,327$0$0$10,865,031
87$35,293,840$0$0$11,904,538
88$38,654,818$0$0$13,047,910
89$42,351,088$0$0$14,305,674
90$46,416,611$0$0$15,689,425
91$50,888,809$0$0$17,211,944
92$55,808,908$0$0$18,887,308
93$61,222,334$0$0$20,731,032
94$67,179,139$0$0$22,760,208
95$73,734,470$0$0$24,993,670
96$80,949,091$0$0$27,452,170
97$88,889,956$0$0$30,158,576
98$97,630,836$0$0$33,138,083
99$107,253,020$0$0$36,418,455
100$117,846,078$0$0$40,030,284