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%15.8%
1 years$104,050$103,123$102,219$101,336$100,474$98,085
2 years$51,510$50,550$49,621$48,719$47,845$45,452
3 years$33,999$33,035$32,108$31,215$30,355$28,033
4 years$25,245$24,284$23,366$22,489$21,649$19,416
5 years$19,994$19,039$18,133$17,273$16,457$14,319
6 years$16,495$15,547$14,654$13,814$13,022$10,981
7 years$13,996$13,056$12,178$11,357$10,591$8,647
8 years$12,123$11,192$10,328$9,527$8,786$6,939
9 years$10,667$9,744$8,895$8,115$7,399$5,647
10 years$9,502$8,589$7,755$6,995$6,304$4,646
11 years$8,551$7,646$6,827$6,088$5,422$3,854
12 years$7,758$6,863$6,059$5,340$4,699$3,219
13 years$7,088$6,202$5,414$4,714$4,097$2,703
14 years$6,514$5,638$4,864$4,185$3,592$2,280
15 years$6,017$5,150$4,392$3,732$3,162$1,930
16 years$5,582$4,725$3,982$3,342$2,795$1,639
17 years$5,199$4,352$3,623$3,003$2,478$1,395
18 years$4,859$4,021$3,307$2,706$2,203$1,190
19 years$4,555$3,727$3,028$2,445$1,964$1,017
20 years$4,282$3,463$2,779$2,214$1,754$871
21 years$4,036$3,226$2,556$2,010$1,570$746
22 years$3,811$3,011$2,356$1,827$1,407$640
23 years$3,607$2,816$2,175$1,664$1,263$550
24 years$3,420$2,639$2,012$1,518$1,135$472
25 years$3,248$2,476$1,863$1,386$1,022$406
26 years$3,090$2,327$1,728$1,267$920$350
27 years$2,944$2,190$1,605$1,160$830$301
28 years$2,808$2,064$1,492$1,063$749$259
29 years$2,682$1,947$1,388$975$676$223
30 years$2,565$1,839$1,293$895$611$192
31 years$2,455$1,738$1,205$822$552$166
32 years$2,353$1,645$1,125$755$500$143
33 years$2,256$1,558$1,050$694$452$123
34 years$2,166$1,476$981$639$409$106
35 years$2,081$1,400$917$588$371$92
36 years$2,001$1,329$858$542$336$79
37 years$1,926$1,262$803$499$304$68
38 years$1,854$1,200$752$460$276$59
39 years$1,787$1,141$705$424$250$51
40 years$1,723$1,085$660$391$227$44
41 years$1,662$1,033$619$361$206$38
42 years$1,604$984$581$333$187$33
43 years$1,549$937$545$307$170$28
44 years$1,497$894$512$284$154$24
45 years$1,447$852$480$262$140$21
46 years$1,400$813$451$242$127$18
47 years$1,355$776$424$224$115$16
48 years$1,311$740$398$207$105$14
49 years$1,270$707$374$191$95$12
50 years$1,230$675$352$177$86$10

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 $5,774 every year, while hoping to spend $44,503 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: 53/21/26 Blend
43$1,260,000$1,260,000$1,260,000$1,260,000
44$1,394,476$1,327,696$1,308,166$1,458,018
45$1,489,362$1,345,402$1,304,639$1,520,284
46$1,592,434$1,362,484$1,299,502$1,582,976
47$1,704,481$1,378,865$1,292,654$1,650,300
48$1,826,371$1,394,462$1,283,990$1,722,714
49$1,959,055$1,409,185$1,273,399$1,800,727
50$2,103,586$1,422,942$1,260,764$1,884,900
51$2,261,116$1,435,631$1,245,964$1,975,853
52$2,432,918$1,447,145$1,228,872$2,074,270
53$2,620,391$1,457,370$1,209,355$2,180,909
54$2,825,074$1,466,185$1,187,271$2,296,604
55$3,048,663$1,473,459$1,162,477$2,422,277
56$3,293,024$1,479,056$1,134,817$2,558,948
57$3,560,213$1,482,830$1,104,133$2,707,741
58$3,852,490$1,484,624$1,070,257$2,869,899
59$4,172,347$1,484,274$1,033,014$3,046,794
60$4,522,528$1,481,605$992,221$3,239,939
61$4,906,051$1,476,429$947,687$3,451,006
62$5,326,245$1,468,550$899,210$3,681,841
63$5,786,770$1,457,758$846,582$3,934,482
64$6,291,663$1,443,830$789,585$4,211,176
65$6,845,366$1,426,531$727,990$4,514,406
66$7,452,774$1,405,611$661,557$4,846,911
67$8,119,276$1,380,805$590,039$5,211,715
68$8,850,810$1,351,833$513,173$5,612,154
69$9,653,917$1,318,397$430,689$6,051,909
70$10,535,801$1,280,183$342,301$6,535,043
71$11,504,398$1,236,858$247,714$7,066,038
72$12,568,452$1,188,069$146,618$7,649,840
73$13,737,593$1,133,444$38,689$8,291,905
74$15,022,433$1,072,587$0$8,998,254
75$16,434,659$1,005,082$0$9,796,746
76$17,987,150$930,487$0$10,686,322
77$19,694,095$848,336$0$11,664,420
78$21,571,124$758,136$0$12,740,060
79$23,635,459$659,365$0$13,923,185
80$25,906,075$551,473$0$15,224,756
81$28,403,877$433,878$0$16,656,853
82$31,151,900$305,966$0$18,232,794
83$34,175,522$167,086$0$19,967,258
84$37,502,707$16,555$0$21,876,425
85$41,164,265$0$0$23,978,129
86$45,194,145$0$0$26,325,850
87$49,629,753$0$0$28,914,299
88$54,512,305$0$0$31,763,720
89$59,887,218$0$0$34,900,638
90$65,804,534$0$0$38,354,277
91$72,319,394$0$0$42,156,841
92$79,492,558$0$0$46,343,815
93$87,390,977$0$0$50,954,301
94$96,088,425$0$0$56,031,383
95$105,666,196$0$0$61,622,540
96$116,213,867$0$0$67,780,088
97$127,830,146$0$0$74,561,675
98$140,623,803$0$0$82,030,826
99$154,714,696$0$0$90,257,542
100$170,234,898$0$0$99,318,960