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%16.3%
1 years$104,050$103,123$102,219$101,336$100,474$97,886
2 years$51,510$50,550$49,621$48,719$47,845$45,255
3 years$33,999$33,035$32,108$31,215$30,355$27,844
4 years$25,245$24,284$23,366$22,489$21,649$19,236
5 years$19,994$19,039$18,133$17,273$16,457$14,149
6 years$16,495$15,547$14,654$13,814$13,022$10,821
7 years$13,996$13,056$12,178$11,357$10,591$8,497
8 years$12,123$11,192$10,328$9,527$8,786$6,799
9 years$10,667$9,744$8,895$8,115$7,399$5,516
10 years$9,502$8,589$7,755$6,995$6,304$4,524
11 years$8,551$7,646$6,827$6,088$5,422$3,741
12 years$7,758$6,863$6,059$5,340$4,699$3,115
13 years$7,088$6,202$5,414$4,714$4,097$2,607
14 years$6,514$5,638$4,864$4,185$3,592$2,191
15 years$6,017$5,150$4,392$3,732$3,162$1,849
16 years$5,582$4,725$3,982$3,342$2,795$1,564
17 years$5,199$4,352$3,623$3,003$2,478$1,327
18 years$4,859$4,021$3,307$2,706$2,203$1,128
19 years$4,555$3,727$3,028$2,445$1,964$960
20 years$4,282$3,463$2,779$2,214$1,754$819
21 years$4,036$3,226$2,556$2,010$1,570$699
22 years$3,811$3,011$2,356$1,827$1,407$597
23 years$3,607$2,816$2,175$1,664$1,263$511
24 years$3,420$2,639$2,012$1,518$1,135$437
25 years$3,248$2,476$1,863$1,386$1,022$375
26 years$3,090$2,327$1,728$1,267$920$321
27 years$2,944$2,190$1,605$1,160$830$275
28 years$2,808$2,064$1,492$1,063$749$236
29 years$2,682$1,947$1,388$975$676$203
30 years$2,565$1,839$1,293$895$611$174
31 years$2,455$1,738$1,205$822$552$149
32 years$2,353$1,645$1,125$755$500$128
33 years$2,256$1,558$1,050$694$452$110
34 years$2,166$1,476$981$639$409$95
35 years$2,081$1,400$917$588$371$81
36 years$2,001$1,329$858$542$336$70
37 years$1,926$1,262$803$499$304$60
38 years$1,854$1,200$752$460$276$52
39 years$1,787$1,141$705$424$250$44
40 years$1,723$1,085$660$391$227$38
41 years$1,662$1,033$619$361$206$33
42 years$1,604$984$581$333$187$28
43 years$1,549$937$545$307$170$24
44 years$1,497$894$512$284$154$21
45 years$1,447$852$480$262$140$18
46 years$1,400$813$451$242$127$15
47 years$1,355$776$424$224$115$13
48 years$1,311$740$398$207$105$11
49 years$1,270$707$374$191$95$10
50 years$1,230$675$352$177$86$8

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 $6,510 every year, while hoping to spend $35,195 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: 41/37/22 Blend
43$1,260,000$1,260,000$1,260,000$1,260,000
44$1,395,235$1,328,455$1,308,925$1,443,167
45$1,500,102$1,356,102$1,315,327$1,505,707
46$1,614,485$1,383,924$1,320,764$1,569,502
47$1,739,319$1,411,893$1,325,166$1,637,843
48$1,875,631$1,439,977$1,328,460$1,711,165
49$2,024,553$1,468,143$1,330,570$1,789,949
50$2,187,328$1,496,353$1,331,416$1,874,726
51$2,365,330$1,524,569$1,330,912$1,966,080
52$2,560,066$1,552,746$1,328,971$2,064,657
53$2,773,201$1,580,838$1,325,499$2,171,168
54$3,006,563$1,608,794$1,320,399$2,286,398
55$3,262,169$1,636,562$1,313,568$2,411,215
56$3,542,238$1,664,081$1,304,901$2,546,575
57$3,849,215$1,691,290$1,294,284$2,693,531
58$4,185,792$1,718,120$1,281,599$2,853,249
59$4,554,935$1,744,500$1,266,725$3,027,010
60$4,959,909$1,770,351$1,249,531$3,216,233
61$5,404,312$1,795,591$1,229,883$3,422,478
62$5,892,107$1,820,130$1,207,639$3,647,471
63$6,427,659$1,843,873$1,182,652$3,893,113
64$7,015,775$1,866,718$1,154,766$4,161,501
65$7,661,753$1,888,556$1,123,819$4,454,949
66$8,371,427$1,909,271$1,089,643$4,776,011
67$9,151,226$1,928,738$1,052,059$5,127,502
68$10,008,230$1,946,826$1,010,882$5,512,529
69$10,950,241$1,963,392$965,918$5,934,517
70$11,985,855$1,978,287$916,965$6,397,246
71$13,124,539$1,991,350$863,811$6,904,883
72$14,376,728$2,002,412$806,234$7,462,027
73$15,753,915$2,011,291$744,003$8,073,748
74$17,268,763$2,017,793$676,877$8,745,637
75$18,935,227$2,021,715$604,602$9,483,863
76$20,768,679$2,022,838$526,915$10,295,226
77$22,786,057$2,020,930$443,540$11,187,229
78$25,006,027$2,015,747$354,190$12,168,142
79$27,449,150$2,007,027$258,564$13,247,088
80$30,138,086$1,994,494$156,349$14,434,126
81$33,097,801$1,977,855$47,216$15,740,348
82$36,355,804$1,956,797$0$17,177,985
83$39,942,407$1,930,991$0$18,776,778
84$43,891,011$1,900,088$0$20,548,228
85$48,238,418$1,863,717$0$22,497,724
86$53,025,182$1,821,484$0$24,643,435
87$58,295,990$1,772,976$0$27,005,391
88$64,100,080$1,717,751$0$29,605,666
89$70,491,711$1,655,344$0$32,468,594
90$77,530,672$1,585,261$0$35,620,997
91$85,282,843$1,506,983$0$39,092,439
92$93,820,824$1,419,955$0$42,915,505
93$103,224,611$1,323,596$0$47,126,113
94$113,582,358$1,217,289$0$51,763,853
95$124,991,203$1,100,381$0$56,872,358
96$137,558,189$972,182$0$62,499,726
97$151,401,271$831,966$0$68,698,967
98$166,650,429$678,961$0$75,528,509
99$183,448,898$512,355$0$83,052,752
100$201,954,515$331,290$0$91,342,675