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%11.5%
1 years$106,527$105,578$104,652$103,749$102,866$102,218
2 years$52,736$51,754$50,802$49,879$48,984$48,330
3 years$34,808$33,822$32,872$31,958$31,077$30,438
4 years$25,846$24,863$23,923$23,024$22,165$21,545
5 years$20,470$19,493$18,565$17,685$16,849$16,251
6 years$16,887$15,917$15,003$14,143$13,332$12,756
7 years$14,329$13,367$12,468$11,627$10,843$10,289
8 years$12,411$11,458$10,574$9,754$8,995$8,464
9 years$10,921$9,976$9,107$8,308$7,575$7,066
10 years$9,729$8,794$7,940$7,162$6,454$5,967
11 years$8,754$7,829$6,990$6,233$5,551$5,085
12 years$7,943$7,026$6,203$5,467$4,810$4,366
13 years$7,256$6,350$5,542$4,827$4,195$3,771
14 years$6,669$5,772$4,980$4,284$3,677$3,274
15 years$6,160$5,273$4,496$3,821$3,238$2,854
16 years$5,715$4,838$4,076$3,421$2,861$2,497
17 years$5,323$4,455$3,709$3,074$2,537$2,192
18 years$4,975$4,117$3,386$2,770$2,256$1,929
19 years$4,664$3,815$3,100$2,503$2,011$1,701
20 years$4,384$3,545$2,845$2,267$1,796$1,503
21 years$4,132$3,302$2,617$2,058$1,607$1,331
22 years$3,902$3,083$2,412$1,871$1,441$1,180
23 years$3,693$2,883$2,227$1,704$1,293$1,047
24 years$3,502$2,701$2,059$1,554$1,162$930
25 years$3,326$2,535$1,907$1,419$1,046$828
26 years$3,164$2,383$1,769$1,298$942$737
27 years$3,014$2,242$1,643$1,188$849$657
28 years$2,875$2,113$1,527$1,088$766$586
29 years$2,746$1,993$1,421$998$692$523
30 years$2,626$1,882$1,324$916$625$467
31 years$2,514$1,780$1,234$841$565$417
32 years$2,409$1,684$1,151$773$511$372
33 years$2,310$1,595$1,075$711$463$333
34 years$2,218$1,511$1,004$654$419$298
35 years$2,131$1,433$939$602$380$266
36 years$2,049$1,361$879$555$344$238
37 years$1,971$1,292$822$511$312$213
38 years$1,898$1,228$770$471$283$191
39 years$1,829$1,168$721$434$256$171
40 years$1,764$1,111$676$400$232$153
41 years$1,701$1,058$634$370$211$137
42 years$1,642$1,007$595$341$191$123
43 years$1,586$960$558$315$174$110
44 years$1,533$915$524$291$158$99
45 years$1,482$872$492$268$143$88
46 years$1,433$832$462$248$130$79
47 years$1,387$794$434$229$118$71
48 years$1,342$758$408$212$107$64
49 years$1,300$724$383$196$97$57
50 years$1,259$692$360$181$88$51

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 $4,131 every year, while hoping to spend $47,565 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: 70/6/24 Blend
43$1,290,000$1,290,000$1,290,000$1,290,000
44$1,425,841$1,357,471$1,337,476$1,516,730
45$1,520,668$1,373,378$1,331,673$1,593,961
46$1,623,573$1,388,471$1,324,081$1,672,540
47$1,735,330$1,402,659$1,314,590$1,757,424
48$1,856,791$1,415,845$1,303,085$1,849,235
49$1,988,890$1,427,929$1,289,446$1,948,658
50$2,132,659$1,438,799$1,273,544$2,056,449
51$2,289,231$1,448,341$1,255,248$2,173,445
52$2,459,852$1,456,430$1,234,419$2,300,563
53$2,645,897$1,462,935$1,210,912$2,438,820
54$2,848,875$1,467,715$1,184,574$2,589,333
55$3,070,449$1,470,622$1,155,246$2,753,338
56$3,312,450$1,471,497$1,122,762$2,932,194
57$3,576,893$1,470,174$1,086,948$3,127,403
58$3,865,996$1,466,472$1,047,620$3,340,620
59$4,182,201$1,460,203$1,004,590$3,573,670
60$4,528,199$1,451,166$957,656$3,828,565
61$4,906,950$1,439,148$906,613$4,107,525
62$5,321,715$1,423,923$851,240$4,412,998
63$5,776,085$1,405,250$791,312$4,747,682
64$6,274,015$1,382,876$726,590$5,114,553
65$6,819,860$1,356,533$656,826$5,516,892
66$7,418,417$1,325,934$581,761$5,958,318
67$8,074,969$1,290,778$501,124$6,442,820
68$8,795,335$1,250,746$414,631$6,974,797
69$9,585,926$1,205,499$321,987$7,559,099
70$10,453,801$1,154,679$222,884$8,201,074
71$11,406,737$1,097,907$117,000$8,906,618
72$12,453,303$1,034,782$3,997$9,682,230
73$13,602,935$964,882$0$10,535,079
74$14,866,030$887,757$0$11,502,922
75$16,254,043$802,935$0$12,567,647
76$17,779,590$709,914$0$13,737,931
77$19,456,575$608,166$0$15,024,461
78$21,300,310$497,131$0$16,439,018
79$23,327,670$376,219$0$17,994,579
80$25,557,245$244,806$0$19,705,444
81$28,009,517$102,234$0$21,587,370
82$30,707,051$0$0$23,657,722
83$33,674,712$0$0$25,939,077
84$36,939,893$0$0$28,456,654
85$40,532,780$0$0$31,226,985
86$44,486,628$0$0$34,275,724
87$48,838,084$0$0$37,631,137
88$53,627,524$0$0$41,324,370
89$58,899,437$0$0$45,389,741
90$64,702,845$0$0$49,865,064
91$71,091,764$0$0$54,792,005
92$78,125,714$0$0$60,216,476
93$85,870,278$0$0$66,189,067
94$94,397,724$0$0$72,765,524
95$103,787,683$0$0$80,007,272
96$114,127,901$0$0$87,981,998
97$125,515,068$0$0$96,764,287
98$138,055,729$0$0$106,436,325
99$151,867,289$0$0$117,088,676
100$167,079,118$0$0$128,821,136