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%19.6%
1 years$106,527$105,578$104,652$103,749$102,866$98,902
2 years$52,736$51,754$50,802$49,879$48,984$45,037
3 years$34,808$33,822$32,872$31,958$31,077$27,273
4 years$25,846$24,863$23,923$23,024$22,165$18,531
5 years$20,470$19,493$18,565$17,685$16,849$13,395
6 years$16,887$15,917$15,003$14,143$13,332$10,061
7 years$14,329$13,367$12,468$11,627$10,843$7,753
8 years$12,411$11,458$10,574$9,754$8,995$6,083
9 years$10,921$9,976$9,107$8,308$7,575$4,838
10 years$9,729$8,794$7,940$7,162$6,454$3,886
11 years$8,754$7,829$6,990$6,233$5,551$3,146
12 years$7,943$7,026$6,203$5,467$4,810$2,562
13 years$7,256$6,350$5,542$4,827$4,195$2,097
14 years$6,669$5,772$4,980$4,284$3,677$1,723
15 years$6,160$5,273$4,496$3,821$3,238$1,420
16 years$5,715$4,838$4,076$3,421$2,861$1,173
17 years$5,323$4,455$3,709$3,074$2,537$971
18 years$4,975$4,117$3,386$2,770$2,256$805
19 years$4,664$3,815$3,100$2,503$2,011$669
20 years$4,384$3,545$2,845$2,267$1,796$556
21 years$4,132$3,302$2,617$2,058$1,607$463
22 years$3,902$3,083$2,412$1,871$1,441$385
23 years$3,693$2,883$2,227$1,704$1,293$321
24 years$3,502$2,701$2,059$1,554$1,162$268
25 years$3,326$2,535$1,907$1,419$1,046$223
26 years$3,164$2,383$1,769$1,298$942$186
27 years$3,014$2,242$1,643$1,188$849$156
28 years$2,875$2,113$1,527$1,088$766$130
29 years$2,746$1,993$1,421$998$692$109
30 years$2,626$1,882$1,324$916$625$91
31 years$2,514$1,780$1,234$841$565$76
32 years$2,409$1,684$1,151$773$511$63
33 years$2,310$1,595$1,075$711$463$53
34 years$2,218$1,511$1,004$654$419$44
35 years$2,131$1,433$939$602$380$37
36 years$2,049$1,361$879$555$344$31
37 years$1,971$1,292$822$511$312$26
38 years$1,898$1,228$770$471$283$22
39 years$1,829$1,168$721$434$256$18
40 years$1,764$1,111$676$400$232$15
41 years$1,701$1,058$634$370$211$13
42 years$1,642$1,007$595$341$191$11
43 years$1,586$960$558$315$174$9
44 years$1,533$915$524$291$158$7
45 years$1,482$872$492$268$143$6
46 years$1,433$832$462$248$130$5
47 years$1,387$794$434$229$118$4
48 years$1,342$758$408$212$107$4
49 years$1,300$724$383$196$97$3
50 years$1,259$692$360$181$88$3

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 $2,688 every year, while hoping to spend $29,360 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: 38/33/29 Blend
43$1,290,000$1,290,000$1,290,000$1,290,000
44$1,424,353$1,355,983$1,335,988$1,466,099
45$1,538,398$1,391,187$1,349,504$1,532,293
46$1,663,092$1,427,132$1,362,490$1,600,908
47$1,799,489$1,463,824$1,374,896$1,674,511
48$1,948,752$1,501,266$1,386,670$1,753,575
49$2,112,160$1,539,464$1,397,758$1,838,620
50$2,291,122$1,578,419$1,408,104$1,930,219
51$2,487,188$1,618,133$1,417,648$2,029,007
52$2,702,068$1,658,609$1,426,326$2,135,679
53$2,937,643$1,699,845$1,434,072$2,251,004
54$3,195,986$1,741,840$1,440,817$2,375,828
55$3,479,379$1,784,593$1,446,486$2,511,084
56$3,790,336$1,828,098$1,451,004$2,657,802
57$4,131,626$1,872,351$1,454,289$2,817,114
58$4,506,301$1,917,345$1,456,256$2,990,270
59$4,917,719$1,963,071$1,456,817$3,178,648
60$5,369,584$2,009,518$1,455,877$3,383,765
61$5,865,971$2,056,674$1,453,339$3,607,297
62$6,411,374$2,104,525$1,449,099$3,851,089
63$7,010,740$2,153,053$1,443,051$4,117,173
64$7,669,523$2,202,240$1,435,080$4,407,794
65$8,393,727$2,252,063$1,425,068$4,725,423
66$9,189,970$2,302,497$1,412,891$5,072,785
67$10,065,543$2,353,515$1,398,419$5,452,886
68$11,028,478$2,405,086$1,381,515$5,869,036
69$12,087,623$2,457,177$1,362,036$6,324,888
70$13,252,730$2,509,748$1,339,834$6,824,466
71$14,534,542$2,562,758$1,314,751$7,372,208
72$15,944,894$2,616,162$1,286,624$7,973,007
73$17,496,828$2,669,909$1,255,282$8,632,254
74$19,204,715$2,723,945$1,220,544$9,355,894
75$21,084,388$2,778,210$1,182,224$10,150,482
76$23,153,292$2,832,639$1,140,125$11,023,241
77$25,430,650$2,887,161$1,094,042$11,982,137
78$27,937,645$2,941,700$1,043,760$13,035,947
79$30,697,614$2,996,173$989,056$14,194,350
80$33,736,276$3,050,491$929,694$15,468,014
81$37,081,968$3,104,556$865,431$16,868,699
82$40,765,915$3,158,266$796,009$18,409,369
83$44,822,524$3,211,507$721,161$20,104,313
84$49,289,710$3,264,159$640,609$21,969,282
85$54,209,251$3,316,093$554,059$24,021,640
86$59,627,182$3,367,169$461,208$26,280,525
87$65,594,233$3,417,239$361,736$28,767,033
88$72,166,303$3,466,142$255,313$31,504,419
89$79,404,990$3,513,707$141,590$34,518,315
90$87,378,171$3,559,751$20,206$37,836,971
91$96,160,644$3,604,078$0$41,491,531
92$105,834,831$3,646,479$0$45,550,150
93$116,491,558$3,686,731$0$50,025,701
94$128,230,910$3,724,594$0$54,953,754
95$141,163,179$3,759,815$0$60,380,406
96$155,409,900$3,792,123$0$66,356,456
97$171,105,000$3,821,227$0$72,937,886
98$188,396,065$3,846,822$0$80,186,392
99$207,445,726$3,868,579$0$88,169,963
100$228,433,200$3,886,149$0$96,963,526