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

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 $1,260,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$104,050$103,123$102,219$101,336$100,474$96,564
2 years$51,510$50,550$49,621$48,719$47,845$43,953
3 years$33,999$33,035$32,108$31,215$30,355$26,603
4 years$25,245$24,284$23,366$22,489$21,649$18,067
5 years$19,994$19,039$18,133$17,273$16,457$13,053
6 years$16,495$15,547$14,654$13,814$13,022$9,798
7 years$13,996$13,056$12,178$11,357$10,591$7,546
8 years$12,123$11,192$10,328$9,527$8,786$5,918
9 years$10,667$9,744$8,895$8,115$7,399$4,703
10 years$9,502$8,589$7,755$6,995$6,304$3,775
11 years$8,551$7,646$6,827$6,088$5,422$3,054
12 years$7,758$6,863$6,059$5,340$4,699$2,486
13 years$7,088$6,202$5,414$4,714$4,097$2,033
14 years$6,514$5,638$4,864$4,185$3,592$1,669
15 years$6,017$5,150$4,392$3,732$3,162$1,375
16 years$5,582$4,725$3,982$3,342$2,795$1,135
17 years$5,199$4,352$3,623$3,003$2,478$939
18 years$4,859$4,021$3,307$2,706$2,203$778
19 years$4,555$3,727$3,028$2,445$1,964$646
20 years$4,282$3,463$2,779$2,214$1,754$536
21 years$4,036$3,226$2,556$2,010$1,570$446
22 years$3,811$3,011$2,356$1,827$1,407$371
23 years$3,607$2,816$2,175$1,664$1,263$309
24 years$3,420$2,639$2,012$1,518$1,135$258
25 years$3,248$2,476$1,863$1,386$1,022$215
26 years$3,090$2,327$1,728$1,267$920$179
27 years$2,944$2,190$1,605$1,160$830$149
28 years$2,808$2,064$1,492$1,063$749$125
29 years$2,682$1,947$1,388$975$676$104
30 years$2,565$1,839$1,293$895$611$87
31 years$2,455$1,738$1,205$822$552$72
32 years$2,353$1,645$1,125$755$500$60
33 years$2,256$1,558$1,050$694$452$51
34 years$2,166$1,476$981$639$409$42
35 years$2,081$1,400$917$588$371$35
36 years$2,001$1,329$858$542$336$29
37 years$1,926$1,262$803$499$304$25
38 years$1,854$1,200$752$460$276$21
39 years$1,787$1,141$705$424$250$17
40 years$1,723$1,085$660$391$227$14
41 years$1,662$1,033$619$361$206$12
42 years$1,604$984$581$333$187$10
43 years$1,549$937$545$307$170$8
44 years$1,497$894$512$284$154$7
45 years$1,447$852$480$262$140$6
46 years$1,400$813$451$242$127$5
47 years$1,355$776$424$224$115$4
48 years$1,311$740$398$207$105$3
49 years$1,270$707$374$191$95$3
50 years$1,230$675$352$177$86$2

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 $4,393 every year, while hoping to spend $49,142 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: 29/41/30 Blend
43$1,260,000$1,260,000$1,260,000$1,260,000
44$1,393,051$1,326,271$1,306,741$1,420,492
45$1,482,856$1,338,972$1,298,231$1,455,408
46$1,580,173$1,350,648$1,287,787$1,488,391
47$1,685,719$1,361,197$1,275,296$1,522,887
48$1,800,277$1,370,511$1,260,633$1,559,062
49$1,924,712$1,378,473$1,243,672$1,597,102
50$2,059,976$1,384,961$1,224,277$1,637,218
51$2,207,113$1,389,843$1,202,310$1,679,644
52$2,367,274$1,392,981$1,177,623$1,724,642
53$2,541,725$1,394,226$1,150,062$1,772,506
54$2,731,859$1,393,422$1,119,468$1,823,563
55$2,939,209$1,390,400$1,085,671$1,878,180
56$3,165,464$1,384,985$1,048,496$1,936,765
57$3,412,479$1,376,988$1,007,759$1,999,775
58$3,682,301$1,366,209$963,268$2,067,717
59$3,977,180$1,352,437$914,821$2,141,157
60$4,299,593$1,335,447$862,209$2,220,727
61$4,652,270$1,315,003$805,211$2,307,127
62$5,038,215$1,290,852$743,599$2,401,139
63$5,460,736$1,262,726$677,133$2,503,630
64$5,923,476$1,230,344$605,561$2,615,566
65$6,430,446$1,193,407$528,623$2,738,020
66$6,986,064$1,151,596$446,045$2,872,182
67$7,595,197$1,104,578$357,541$3,019,374
68$8,263,202$1,051,998$262,814$3,181,066
69$8,995,982$993,480$161,552$3,358,884
70$9,800,040$928,628$53,431$3,554,637
71$10,682,534$857,021$0$3,770,326
72$11,651,355$778,217$0$4,028,004
73$12,715,190$691,746$0$4,329,841
74$13,883,611$597,113$0$4,661,562
75$15,167,162$493,795$0$5,026,310
76$16,577,459$381,237$0$5,427,557
77$18,127,299$258,857$0$5,869,142
78$19,830,779$126,037$0$6,355,303
79$21,703,431$0$0$6,890,723
80$23,762,365$0$0$7,488,637
81$26,026,434$0$0$8,208,870
82$28,516,408$0$0$9,001,193
83$31,255,171$0$0$9,872,916
84$34,267,935$0$0$10,832,094
85$37,582,480$0$0$11,887,600
86$41,229,414$0$0$13,049,212
87$45,242,461$0$0$14,327,705
88$49,658,780$0$0$15,734,949
89$54,519,313$0$0$17,284,026
90$59,869,174$0$0$18,989,348
91$65,758,071$0$0$20,866,797
92$72,240,776$0$0$22,933,872
93$79,377,641$0$0$25,209,857
94$87,235,168$0$0$27,716,000
95$95,886,635$0$0$30,475,713
96$105,412,786$0$0$33,514,797
97$115,902,594$0$0$36,861,680
98$127,454,101$0$0$40,547,688
99$140,175,338$0$0$44,607,342
100$154,185,351$0$0$49,078,681