Can I retire at age 44 with 1,260,000?

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 $1,260,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.1%
1 years$104,050$103,123$102,219$101,336$100,474$98,365
2 years$51,510$50,550$49,621$48,719$47,845$45,730
3 years$33,999$33,035$32,108$31,215$30,355$28,300
4 years$25,245$24,284$23,366$22,489$21,649$19,670
5 years$19,994$19,039$18,133$17,273$16,457$14,560
6 years$16,495$15,547$14,654$13,814$13,022$11,209
7 years$13,996$13,056$12,178$11,357$10,591$8,861
8 years$12,123$11,192$10,328$9,527$8,786$7,140
9 years$10,667$9,744$8,895$8,115$7,399$5,835
10 years$9,502$8,589$7,755$6,995$6,304$4,821
11 years$8,551$7,646$6,827$6,088$5,422$4,018
12 years$7,758$6,863$6,059$5,340$4,699$3,371
13 years$7,088$6,202$5,414$4,714$4,097$2,844
14 years$6,514$5,638$4,864$4,185$3,592$2,410
15 years$6,017$5,150$4,392$3,732$3,162$2,050
16 years$5,582$4,725$3,982$3,342$2,795$1,750
17 years$5,199$4,352$3,623$3,003$2,478$1,497
18 years$4,859$4,021$3,307$2,706$2,203$1,284
19 years$4,555$3,727$3,028$2,445$1,964$1,103
20 years$4,282$3,463$2,779$2,214$1,754$949
21 years$4,036$3,226$2,556$2,010$1,570$818
22 years$3,811$3,011$2,356$1,827$1,407$705
23 years$3,607$2,816$2,175$1,664$1,263$609
24 years$3,420$2,639$2,012$1,518$1,135$526
25 years$3,248$2,476$1,863$1,386$1,022$455
26 years$3,090$2,327$1,728$1,267$920$394
27 years$2,944$2,190$1,605$1,160$830$341
28 years$2,808$2,064$1,492$1,063$749$295
29 years$2,682$1,947$1,388$975$676$256
30 years$2,565$1,839$1,293$895$611$222
31 years$2,455$1,738$1,205$822$552$192
32 years$2,353$1,645$1,125$755$500$167
33 years$2,256$1,558$1,050$694$452$145
34 years$2,166$1,476$981$639$409$126
35 years$2,081$1,400$917$588$371$109
36 years$2,001$1,329$858$542$336$95
37 years$1,926$1,262$803$499$304$82
38 years$1,854$1,200$752$460$276$71
39 years$1,787$1,141$705$424$250$62
40 years$1,723$1,085$660$391$227$54
41 years$1,662$1,033$619$361$206$47
42 years$1,604$984$581$333$187$41
43 years$1,549$937$545$307$170$35
44 years$1,497$894$512$284$154$31
45 years$1,447$852$480$262$140$27
46 years$1,400$813$451$242$127$23
47 years$1,355$776$424$224$115$20
48 years$1,311$740$398$207$105$17
49 years$1,270$707$374$191$95$15
50 years$1,230$675$352$177$86$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,260,000, adding $6,234 every year, while hoping to spend $33,432 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: 58/18/24 Blend
43$1,260,000$1,260,000$1,260,000$1,260,000
44$1,394,950$1,328,170$1,308,640$1,466,488
45$1,501,664$1,357,679$1,316,908$1,545,511
46$1,618,142$1,387,514$1,324,333$1,627,519
47$1,745,345$1,417,654$1,330,850$1,716,217
48$1,884,330$1,448,079$1,336,394$1,812,262
49$2,036,262$1,478,766$1,340,894$1,916,374
50$2,202,422$1,509,687$1,344,275$2,029,351
51$2,384,223$1,540,815$1,346,462$2,152,070
52$2,583,217$1,572,119$1,347,372$2,285,499
53$2,801,117$1,603,564$1,346,921$2,430,703
54$3,039,807$1,635,114$1,345,018$2,588,858
55$3,301,361$1,666,729$1,341,571$2,761,260
56$3,588,066$1,698,365$1,336,480$2,949,338
57$3,902,439$1,729,975$1,329,642$3,154,665
58$4,247,253$1,761,509$1,320,949$3,378,977
59$4,625,560$1,792,910$1,310,289$3,624,189
60$5,040,725$1,824,121$1,297,541$3,892,408
61$5,496,453$1,855,076$1,282,583$4,185,962
62$5,996,824$1,885,708$1,265,283$4,507,412
63$6,546,335$1,915,943$1,245,504$4,859,585
64$7,149,938$1,945,701$1,223,105$5,245,595
65$7,813,088$1,974,897$1,197,936$5,668,878
66$8,541,796$2,003,440$1,169,840$6,133,218
67$9,342,684$2,031,233$1,138,654$6,642,789
68$10,223,045$2,058,171$1,104,206$7,202,191
69$11,190,916$2,084,142$1,066,318$7,816,495
70$12,255,151$2,109,026$1,024,801$8,491,292
71$13,425,506$2,132,698$979,461$9,232,744
72$14,712,726$2,155,019$930,092$10,047,644
73$16,128,655$2,175,845$876,481$10,943,481
74$17,686,338$2,195,022$818,403$11,928,508
75$19,400,151$2,212,384$755,626$13,011,825
76$21,285,931$2,227,756$687,904$14,203,461
77$23,361,130$2,240,950$614,983$15,514,472
78$25,644,977$2,251,768$536,596$16,957,045
79$28,158,658$2,259,998$452,466$18,544,612
80$30,925,517$2,265,415$362,300$20,291,981
81$33,971,279$2,267,779$265,796$22,215,472
82$37,324,287$2,266,837$162,637$24,333,075
83$41,015,771$2,262,319$52,493$26,664,619
84$45,080,145$2,253,939$0$29,231,960
85$49,555,330$2,241,392$0$32,075,848
86$54,483,110$2,224,355$0$35,221,604
87$59,909,526$2,202,488$0$38,685,136
88$65,885,315$2,175,428$0$42,498,803
89$72,466,383$2,142,789$0$46,698,264
90$79,714,334$2,104,165$0$51,322,816
91$87,697,051$2,059,125$0$56,415,767
92$96,489,339$2,007,211$0$62,024,841
93$106,173,627$1,947,940$0$68,202,631
94$116,840,747$1,880,799$0$75,007,096
95$128,590,792$1,805,247$0$82,502,108
96$141,534,059$1,720,710$0$90,758,055
97$155,792,089$1,626,581$0$99,852,507
98$171,498,818$1,522,219$0$109,870,947
99$188,801,835$1,406,945$0$120,907,580
100$207,863,779$1,280,042$0$133,066,221