Can I retire at age 44 with 1,270,000?

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 $1,270,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.6%
1 years$104,875$103,941$103,030$102,140$101,272$99,758
2 years$51,919$50,952$50,014$49,106$48,225$46,703
3 years$34,269$33,297$32,363$31,463$30,596$29,114
4 years$25,445$24,477$23,552$22,667$21,821$20,390
5 years$20,153$19,190$18,277$17,410$16,588$15,212
6 years$16,625$15,670$14,771$13,923$13,126$11,806
7 years$14,107$13,160$12,274$11,447$10,675$9,412
8 years$12,219$11,281$10,410$9,603$8,856$7,650
9 years$10,751$9,822$8,966$8,179$7,458$6,308
10 years$9,578$8,657$7,817$7,051$6,354$5,260
11 years$8,618$7,707$6,882$6,136$5,465$4,425
12 years$7,819$6,918$6,107$5,382$4,736$3,749
13 years$7,144$6,251$5,456$4,752$4,130$3,194
14 years$6,565$5,682$4,903$4,218$3,620$2,735
15 years$6,064$5,191$4,426$3,762$3,187$2,351
16 years$5,627$4,763$4,013$3,368$2,817$2,027
17 years$5,241$4,386$3,652$3,026$2,498$1,753
18 years$4,898$4,053$3,334$2,727$2,221$1,520
19 years$4,592$3,756$3,052$2,464$1,980$1,320
20 years$4,316$3,491$2,801$2,232$1,768$1,149
21 years$4,068$3,251$2,576$2,026$1,582$1,001
22 years$3,842$3,035$2,374$1,842$1,418$873
23 years$3,636$2,839$2,192$1,677$1,273$763
24 years$3,447$2,660$2,028$1,530$1,144$667
25 years$3,274$2,496$1,878$1,397$1,030$584
26 years$3,115$2,346$1,742$1,277$928$511
27 years$2,967$2,208$1,617$1,169$836$448
28 years$2,831$2,080$1,503$1,071$755$393
29 years$2,704$1,962$1,399$982$681$345
30 years$2,585$1,853$1,303$902$616$302
31 years$2,475$1,752$1,215$828$557$266
32 years$2,371$1,658$1,134$761$503$233
33 years$2,274$1,570$1,058$700$456$205
34 years$2,183$1,488$989$644$413$180
35 years$2,098$1,411$925$593$374$158
36 years$2,017$1,339$865$546$339$139
37 years$1,941$1,272$810$503$307$122
38 years$1,869$1,209$758$464$278$108
39 years$1,801$1,150$710$427$252$95
40 years$1,736$1,094$666$394$229$83
41 years$1,675$1,041$624$364$208$73
42 years$1,617$992$586$336$188$64
43 years$1,562$945$549$310$171$57
44 years$1,509$901$516$286$155$50
45 years$1,459$859$484$264$141$44
46 years$1,411$819$455$244$128$39
47 years$1,365$782$427$226$116$34
48 years$1,322$746$402$208$105$30
49 years$1,280$713$377$193$96$26
50 years$1,240$681$355$178$87$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,270,000, adding $3,966 every year, while hoping to spend $40,451 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: 68/20/12 Blend
43$1,270,000$1,270,000$1,270,000$1,270,000
44$1,403,631$1,336,321$1,316,636$1,495,134
45$1,503,762$1,358,761$1,317,704$1,578,929
46$1,612,750$1,380,945$1,317,451$1,665,336
47$1,731,457$1,402,818$1,315,792$1,758,789
48$1,860,829$1,424,319$1,312,635$1,859,975
49$2,001,910$1,445,387$1,307,884$1,969,650
50$2,155,845$1,465,952$1,301,439$2,088,646
51$2,323,899$1,485,941$1,293,195$2,217,882
52$2,507,462$1,505,277$1,283,042$2,358,370
53$2,708,064$1,523,876$1,270,864$2,511,225
54$2,927,389$1,541,649$1,256,541$2,677,675
55$3,167,293$1,558,500$1,239,946$2,859,076
56$3,429,819$1,574,329$1,220,946$3,056,920
57$3,717,215$1,589,026$1,199,403$3,272,854
58$4,031,959$1,602,476$1,175,170$3,508,691
59$4,376,778$1,614,556$1,148,097$3,766,430
60$4,754,675$1,625,135$1,118,025$4,048,275
61$5,168,959$1,634,074$1,084,786$4,356,655
62$5,623,273$1,641,224$1,048,206$4,694,249
63$6,121,630$1,646,427$1,008,105$5,064,007
64$6,668,451$1,649,516$964,290$5,469,183
65$7,268,603$1,650,313$916,564$5,913,365
66$7,927,449$1,648,627$864,718$6,400,504
67$8,650,898$1,644,259$808,535$6,934,960
68$9,445,456$1,636,994$747,787$7,521,535
69$10,318,292$1,626,606$682,238$8,165,525
70$11,277,304$1,612,856$611,639$8,872,767
71$12,331,191$1,595,488$535,731$9,649,694
72$13,489,538$1,574,232$454,243$10,503,400
73$14,762,904$1,548,803$366,894$11,441,702
74$16,162,923$1,518,897$273,387$12,473,218
75$17,702,411$1,484,193$173,415$13,607,447
76$19,395,489$1,444,350$66,657$14,854,858
77$21,257,715$1,399,010$0$16,226,995
78$23,306,231$1,347,790$0$17,742,632
79$25,559,923$1,290,288$0$19,419,240
80$28,039,599$1,226,076$0$21,263,780
81$30,768,188$1,154,704$0$23,293,338
82$33,770,953$1,075,694$0$25,526,744
83$37,075,729$988,542$0$27,984,752
84$40,713,186$892,713$0$30,690,232
85$44,717,119$787,644$0$33,668,390
86$49,124,766$672,739$0$36,947,006
87$53,977,157$547,369$0$40,556,694
88$59,319,505$410,868$0$44,531,195
89$65,201,628$262,534$0$48,907,692
90$71,678,421$101,625$0$53,727,166
91$78,810,373$0$0$59,034,780
92$86,664,137$0$0$64,896,296
93$95,313,162$0$0$71,376,069
94$104,838,379$0$0$78,512,380
95$115,328,971$0$0$86,372,058
96$126,883,212$0$0$95,028,741
97$139,609,392$0$0$104,563,579
98$153,626,842$0$0$115,065,990
99$169,067,056$0$0$126,634,511
100$186,074,935$0$0$139,377,722