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

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 $1,290,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$106,527$105,578$104,652$103,749$102,866$101,835
2 years$52,736$51,754$50,802$49,879$48,984$47,945
3 years$34,808$33,822$32,872$31,958$31,077$30,063
4 years$25,846$24,863$23,923$23,024$22,165$21,183
5 years$20,470$19,493$18,565$17,685$16,849$15,903
6 years$16,887$15,917$15,003$14,143$13,332$12,423
7 years$14,329$13,367$12,468$11,627$10,843$9,970
8 years$12,411$11,458$10,574$9,754$8,995$8,159
9 years$10,921$9,976$9,107$8,308$7,575$6,776
10 years$9,729$8,794$7,940$7,162$6,454$5,692
11 years$8,754$7,829$6,990$6,233$5,551$4,824
12 years$7,943$7,026$6,203$5,467$4,810$4,118
13 years$7,256$6,350$5,542$4,827$4,195$3,537
14 years$6,669$5,772$4,980$4,284$3,677$3,052
15 years$6,160$5,273$4,496$3,821$3,238$2,645
16 years$5,715$4,838$4,076$3,421$2,861$2,300
17 years$5,323$4,455$3,709$3,074$2,537$2,006
18 years$4,975$4,117$3,386$2,770$2,256$1,754
19 years$4,664$3,815$3,100$2,503$2,011$1,537
20 years$4,384$3,545$2,845$2,267$1,796$1,349
21 years$4,132$3,302$2,617$2,058$1,607$1,186
22 years$3,902$3,083$2,412$1,871$1,441$1,045
23 years$3,693$2,883$2,227$1,704$1,293$921
24 years$3,502$2,701$2,059$1,554$1,162$813
25 years$3,326$2,535$1,907$1,419$1,046$718
26 years$3,164$2,383$1,769$1,298$942$635
27 years$3,014$2,242$1,643$1,188$849$562
28 years$2,875$2,113$1,527$1,088$766$497
29 years$2,746$1,993$1,421$998$692$441
30 years$2,626$1,882$1,324$916$625$390
31 years$2,514$1,780$1,234$841$565$346
32 years$2,409$1,684$1,151$773$511$307
33 years$2,310$1,595$1,075$711$463$272
34 years$2,218$1,511$1,004$654$419$242
35 years$2,131$1,433$939$602$380$215
36 years$2,049$1,361$879$555$344$191
37 years$1,971$1,292$822$511$312$169
38 years$1,898$1,228$770$471$283$150
39 years$1,829$1,168$721$434$256$134
40 years$1,764$1,111$676$400$232$119
41 years$1,701$1,058$634$370$211$106
42 years$1,642$1,007$595$341$191$94
43 years$1,586$960$558$315$174$83
44 years$1,533$915$524$291$158$74
45 years$1,482$872$492$268$143$66
46 years$1,433$832$462$248$130$59
47 years$1,387$794$434$229$118$52
48 years$1,342$758$408$212$107$46
49 years$1,300$724$383$196$97$41
50 years$1,259$692$360$181$88$37

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 $4,641 every year, while hoping to spend $50,311 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: 48/47/5 Blend
43$1,290,000$1,290,000$1,290,000$1,290,000
44$1,426,367$1,357,997$1,338,002$1,492,813
45$1,518,326$1,371,009$1,329,295$1,551,717
46$1,617,979$1,382,971$1,318,609$1,609,899
47$1,726,056$1,393,781$1,305,827$1,671,865
48$1,843,364$1,403,326$1,290,822$1,737,979
49$1,970,786$1,411,488$1,273,464$1,808,643
50$2,109,297$1,418,141$1,253,615$1,884,305
51$2,259,966$1,423,151$1,231,132$1,965,457
52$2,423,973$1,426,376$1,205,865$2,052,643
53$2,602,613$1,427,663$1,177,657$2,146,468
54$2,797,314$1,426,853$1,146,342$2,247,599
55$3,009,645$1,423,774$1,111,750$2,356,772
56$3,241,334$1,418,244$1,073,699$2,474,803
57$3,494,284$1,410,072$1,032,002$2,602,594
58$3,770,588$1,399,053$986,461$2,741,142
59$4,072,552$1,384,970$936,871$2,891,549
60$4,402,713$1,367,594$883,017$3,055,033
61$4,763,866$1,346,682$824,674$3,232,941
62$5,159,086$1,321,975$761,606$3,426,761
63$5,591,762$1,293,201$693,569$3,638,137
64$6,065,624$1,260,071$620,306$3,868,888
65$6,584,780$1,222,277$541,549$4,121,021
66$7,153,755$1,179,495$457,018$4,396,757
67$7,777,531$1,131,384$366,421$4,698,545
68$8,461,596$1,077,579$269,453$5,029,096
69$9,211,995$1,017,696$165,796$5,391,400
70$10,035,384$951,329$55,116$5,788,761
71$10,939,098$878,049$0$6,224,830
72$11,931,215$797,402$0$6,706,998
73$13,020,631$708,907$0$7,239,711
74$14,217,150$612,057$0$7,824,960
75$15,531,568$506,318$0$8,468,193
76$16,975,782$391,121$0$9,175,423
77$18,562,895$265,869$0$9,953,286
78$20,307,345$129,931$0$10,809,109
79$22,225,036$0$0$11,750,975
80$24,333,491$0$0$12,796,784
81$26,652,016$0$0$14,020,840
82$29,201,881$0$0$15,367,190
83$32,006,520$0$0$16,848,230
84$35,091,752$0$0$18,477,613
85$38,486,026$0$0$20,270,386
86$42,220,686$0$0$22,243,125
87$46,330,267$0$0$24,414,097
88$50,852,822$0$0$26,803,425
89$55,830,279$0$0$29,433,287
90$61,308,837$0$0$32,328,116
91$67,339,399$0$0$35,514,835
92$73,978,056$0$0$39,023,111
93$81,286,613$0$0$42,885,633
94$89,333,170$0$0$47,138,421
95$98,192,768$0$0$51,821,163
96$107,948,096$0$0$56,977,597
97$118,690,266$0$0$62,655,912
98$130,519,679$0$0$68,909,214
99$143,546,967$0$0$75,796,018
100$157,894,038$0$0$83,380,805