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%19%
1 years$104,875$103,941$103,030$102,140$101,272$97,601
2 years$51,919$50,952$50,014$49,106$48,225$44,567
3 years$34,269$33,297$32,363$31,463$30,596$27,065
4 years$25,445$24,477$23,552$22,667$21,821$18,446
5 years$20,153$19,190$18,277$17,410$16,588$13,376
6 years$16,625$15,670$14,771$13,923$13,126$10,080
7 years$14,107$13,160$12,274$11,447$10,675$7,794
8 years$12,219$11,281$10,410$9,603$8,856$6,138
9 years$10,751$9,822$8,966$8,179$7,458$4,899
10 years$9,578$8,657$7,817$7,051$6,354$3,950
11 years$8,618$7,707$6,882$6,136$5,465$3,210
12 years$7,819$6,918$6,107$5,382$4,736$2,625
13 years$7,144$6,251$5,456$4,752$4,130$2,157
14 years$6,565$5,682$4,903$4,218$3,620$1,780
15 years$6,064$5,191$4,426$3,762$3,187$1,473
16 years$5,627$4,763$4,013$3,368$2,817$1,222
17 years$5,241$4,386$3,652$3,026$2,498$1,016
18 years$4,898$4,053$3,334$2,727$2,221$847
19 years$4,592$3,756$3,052$2,464$1,980$706
20 years$4,316$3,491$2,801$2,232$1,768$590
21 years$4,068$3,251$2,576$2,026$1,582$493
22 years$3,842$3,035$2,374$1,842$1,418$413
23 years$3,636$2,839$2,192$1,677$1,273$346
24 years$3,447$2,660$2,028$1,530$1,144$290
25 years$3,274$2,496$1,878$1,397$1,030$243
26 years$3,115$2,346$1,742$1,277$928$204
27 years$2,967$2,208$1,617$1,169$836$171
28 years$2,831$2,080$1,503$1,071$755$143
29 years$2,704$1,962$1,399$982$681$120
30 years$2,585$1,853$1,303$902$616$101
31 years$2,475$1,752$1,215$828$557$85
32 years$2,371$1,658$1,134$761$503$71
33 years$2,274$1,570$1,058$700$456$60
34 years$2,183$1,488$989$644$413$50
35 years$2,098$1,411$925$593$374$42
36 years$2,017$1,339$865$546$339$35
37 years$1,941$1,272$810$503$307$30
38 years$1,869$1,209$758$464$278$25
39 years$1,801$1,150$710$427$252$21
40 years$1,736$1,094$666$394$229$18
41 years$1,675$1,041$624$364$208$15
42 years$1,617$992$586$336$188$12
43 years$1,562$945$549$310$171$10
44 years$1,509$901$516$286$155$9
45 years$1,459$859$484$264$141$7
46 years$1,411$819$455$244$128$6
47 years$1,365$782$427$226$116$5
48 years$1,322$746$402$208$105$4
49 years$1,280$713$377$193$96$4
50 years$1,240$681$355$178$87$3

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 $6,551 every year, while hoping to spend $52,694 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: 70/11/19 Blend
43$1,270,000$1,270,000$1,270,000$1,270,000
44$1,406,297$1,338,987$1,319,302$1,497,826
45$1,493,674$1,348,532$1,307,433$1,569,223
46$1,588,196$1,356,778$1,293,400$1,640,481
47$1,690,539$1,363,606$1,277,075$1,717,161
48$1,801,441$1,368,890$1,258,324$1,799,795
49$1,921,716$1,372,494$1,237,007$1,888,967
50$2,052,261$1,374,276$1,212,976$1,985,322
51$2,194,059$1,374,083$1,186,078$2,089,572
52$2,348,193$1,371,753$1,156,151$2,202,502
53$2,515,854$1,367,114$1,123,028$2,324,979
54$2,698,353$1,359,985$1,086,532$2,457,958
55$2,897,132$1,350,171$1,046,478$2,602,493
56$3,113,779$1,337,469$1,002,674$2,759,748
57$3,350,040$1,321,660$954,919$2,931,004
58$3,607,836$1,302,514$903,001$3,117,677
59$3,889,285$1,279,787$846,701$3,321,329
60$4,196,716$1,253,220$785,789$3,543,681
61$4,532,692$1,222,539$720,024$3,786,632
62$4,900,037$1,187,453$649,155$4,052,279
63$5,301,859$1,147,657$572,920$4,342,931
64$5,741,580$1,102,824$491,045$4,661,138
65$6,222,969$1,052,610$403,243$5,009,711
66$6,750,176$996,652$309,215$5,391,751
67$7,327,771$934,565$208,651$5,810,677
68$7,960,786$865,941$101,223$6,270,262
69$8,654,765$790,350$0$6,774,665
70$9,415,811$707,338$0$7,331,195
71$10,250,650$616,424$0$7,964,264
72$11,166,687$517,099$0$8,658,986
73$12,172,079$408,827$0$9,421,590
74$13,275,813$291,041$0$10,258,943
75$14,487,786$163,143$0$11,178,609
76$15,818,902$24,499$0$12,188,927
77$17,281,174$0$0$13,299,085
78$18,887,832$0$0$14,534,407
79$20,653,454$0$0$15,895,285
80$22,594,101$0$0$17,391,141
81$24,727,465$0$0$19,035,622
82$27,073,037$0$0$20,843,764
83$29,652,295$0$0$22,832,131
84$32,488,897$0$0$25,018,974
85$35,608,913$0$0$27,424,401
86$39,041,065$0$0$30,070,567
87$42,816,997$0$0$32,981,881
88$46,971,577$0$0$36,185,239
89$51,543,223$0$0$39,710,275
90$56,574,264$0$0$43,589,639
91$62,111,340$0$0$47,859,310
92$68,205,843$0$0$52,558,928
93$74,914,398$0$0$57,732,173
94$82,299,400$0$0$63,427,175
95$90,429,600$0$0$69,696,966
96$99,380,754$0$0$76,599,982
97$109,236,336$0$0$84,200,615
98$120,088,328$0$0$92,569,816
99$132,038,085$0$0$101,785,769
100$145,197,290$0$0$111,934,626