Can I retire at age 44 with 1,290,000?

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 $1,290,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$106,527$105,578$104,652$103,749$102,866$102,175
2 years$52,736$51,754$50,802$49,879$48,984$48,287
3 years$34,808$33,822$32,872$31,958$31,077$30,396
4 years$25,846$24,863$23,923$23,024$22,165$21,504
5 years$20,470$19,493$18,565$17,685$16,849$16,212
6 years$16,887$15,917$15,003$14,143$13,332$12,718
7 years$14,329$13,367$12,468$11,627$10,843$10,253
8 years$12,411$11,458$10,574$9,754$8,995$8,429
9 years$10,921$9,976$9,107$8,308$7,575$7,033
10 years$9,729$8,794$7,940$7,162$6,454$5,936
11 years$8,754$7,829$6,990$6,233$5,551$5,056
12 years$7,943$7,026$6,203$5,467$4,810$4,338
13 years$7,256$6,350$5,542$4,827$4,195$3,745
14 years$6,669$5,772$4,980$4,284$3,677$3,249
15 years$6,160$5,273$4,496$3,821$3,238$2,830
16 years$5,715$4,838$4,076$3,421$2,861$2,475
17 years$5,323$4,455$3,709$3,074$2,537$2,170
18 years$4,975$4,117$3,386$2,770$2,256$1,908
19 years$4,664$3,815$3,100$2,503$2,011$1,682
20 years$4,384$3,545$2,845$2,267$1,796$1,485
21 years$4,132$3,302$2,617$2,058$1,607$1,314
22 years$3,902$3,083$2,412$1,871$1,441$1,164
23 years$3,693$2,883$2,227$1,704$1,293$1,032
24 years$3,502$2,701$2,059$1,554$1,162$917
25 years$3,326$2,535$1,907$1,419$1,046$815
26 years$3,164$2,383$1,769$1,298$942$725
27 years$3,014$2,242$1,643$1,188$849$646
28 years$2,875$2,113$1,527$1,088$766$575
29 years$2,746$1,993$1,421$998$692$513
30 years$2,626$1,882$1,324$916$625$457
31 years$2,514$1,780$1,234$841$565$408
32 years$2,409$1,684$1,151$773$511$365
33 years$2,310$1,595$1,075$711$463$326
34 years$2,218$1,511$1,004$654$419$291
35 years$2,131$1,433$939$602$380$260
36 years$2,049$1,361$879$555$344$232
37 years$1,971$1,292$822$511$312$208
38 years$1,898$1,228$770$471$283$186
39 years$1,829$1,168$721$434$256$166
40 years$1,764$1,111$676$400$232$149
41 years$1,701$1,058$634$370$211$133
42 years$1,642$1,007$595$341$191$119
43 years$1,586$960$558$315$174$107
44 years$1,533$915$524$291$158$96
45 years$1,482$872$492$268$143$86
46 years$1,433$832$462$248$130$77
47 years$1,387$794$434$229$118$69
48 years$1,342$758$408$212$107$61
49 years$1,300$724$383$196$97$55
50 years$1,259$692$360$181$88$49

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,290,000, adding $2,685 every year, while hoping to spend $23,973 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: 36/49/15 Blend
43$1,290,000$1,290,000$1,290,000$1,290,000
44$1,424,350$1,355,980$1,335,985$1,468,984
45$1,544,126$1,396,915$1,355,233$1,542,386
46$1,675,316$1,439,054$1,374,323$1,619,104
47$1,819,059$1,482,428$1,393,223$1,701,409
48$1,976,609$1,527,073$1,411,902$1,789,812
49$2,149,347$1,573,023$1,430,325$1,884,874
50$2,338,795$1,620,316$1,448,455$1,987,211
51$2,546,628$1,668,987$1,466,254$2,097,501
52$2,774,693$1,719,076$1,483,682$2,216,490
53$3,025,021$1,770,621$1,500,695$2,344,998
54$3,299,854$1,823,662$1,517,249$2,483,927
55$3,601,657$1,878,239$1,533,295$2,634,269
56$3,933,149$1,934,395$1,548,783$2,797,116
57$4,297,322$1,992,173$1,563,659$2,973,670
58$4,697,475$2,051,616$1,577,868$3,165,253
59$5,137,242$2,112,769$1,591,351$3,373,320
60$5,620,625$2,175,679$1,604,045$3,599,473
61$6,152,033$2,240,392$1,615,885$3,845,475
62$6,736,325$2,306,955$1,626,802$4,113,269
63$7,378,853$2,375,420$1,636,723$4,404,992
64$8,085,515$2,445,834$1,645,573$4,722,997
65$8,862,809$2,518,251$1,653,270$5,069,877
66$9,717,892$2,592,722$1,659,732$5,448,484
67$10,658,653$2,669,301$1,664,868$5,861,963
68$11,693,782$2,748,043$1,668,588$6,313,774
69$12,832,854$2,829,004$1,670,792$6,807,731
70$14,086,420$2,912,240$1,671,378$7,348,032
71$15,466,105$2,997,810$1,670,240$7,939,303
72$16,984,719$3,085,774$1,667,264$8,586,639
73$18,656,375$3,176,191$1,662,332$9,295,651
74$20,496,625$3,269,124$1,655,320$10,072,522
75$22,522,605$3,364,636$1,646,098$10,924,064
76$24,753,198$3,462,791$1,634,529$11,857,778
77$27,209,211$3,563,654$1,620,472$12,881,930
78$29,913,569$3,667,291$1,603,776$14,005,628
79$32,891,535$3,773,771$1,584,286$15,238,904
80$36,170,948$3,883,162$1,561,835$16,592,812
81$39,782,482$3,995,534$1,536,254$18,079,531
82$43,759,938$4,110,959$1,507,362$19,712,479
83$48,140,564$4,229,508$1,474,970$21,506,441
84$52,965,402$4,351,255$1,438,883$23,477,708
85$58,279,681$4,476,274$1,398,893$25,644,227
86$64,133,238$4,604,641$1,354,786$28,025,777
87$70,580,993$4,736,433$1,306,335$30,644,150
88$77,683,463$4,871,726$1,253,306$33,523,358
89$85,507,335$5,010,600$1,195,451$36,689,858
90$94,126,098$5,153,134$1,132,513$40,172,808
91$103,620,730$5,299,408$1,064,223$44,004,331
92$114,080,469$5,449,503$990,298$48,219,829
93$125,603,649$5,603,501$910,446$52,858,310
94$138,298,634$5,761,485$824,358$57,962,757
95$152,284,834$5,923,538$731,714$63,580,539
96$167,693,838$6,089,742$632,178$69,763,848
97$184,670,654$6,260,184$525,399$76,570,203
98$203,375,074$6,434,946$411,014$84,062,982
99$223,983,187$6,614,114$288,638$92,312,029
100$246,689,039$6,797,773$157,875$101,394,308