Can I retire at age 44 with 1,300,000?

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 $1,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.8%
1 years$107,353$106,397$105,464$104,553$103,664$102,453
2 years$53,145$52,155$51,196$50,266$49,364$48,145
3 years$35,078$34,084$33,127$32,206$31,318$30,130
4 years$26,046$25,055$24,108$23,202$22,337$21,187
5 years$20,629$19,644$18,709$17,822$16,980$15,873
6 years$17,018$16,041$15,120$14,252$13,436$12,372
7 years$14,440$13,471$12,564$11,718$10,927$9,908
8 years$12,508$11,547$10,656$9,830$9,065$8,090
9 years$11,005$10,054$9,178$8,373$7,634$6,703
10 years$9,804$8,862$8,001$7,217$6,504$5,616
11 years$8,822$7,889$7,044$6,281$5,594$4,748
12 years$8,004$7,081$6,252$5,509$4,848$4,043
13 years$7,313$6,399$5,585$4,864$4,227$3,463
14 years$6,720$5,817$5,018$4,318$3,706$2,981
15 years$6,208$5,314$4,531$3,851$3,263$2,576
16 years$5,759$4,875$4,108$3,448$2,884$2,234
17 years$5,364$4,490$3,738$3,098$2,557$1,943
18 years$5,014$4,149$3,412$2,792$2,273$1,694
19 years$4,700$3,845$3,124$2,523$2,026$1,480
20 years$4,418$3,573$2,867$2,285$1,810$1,296
21 years$4,164$3,328$2,637$2,074$1,620$1,136
22 years$3,932$3,107$2,430$1,885$1,452$997
23 years$3,722$2,906$2,244$1,717$1,303$876
24 years$3,529$2,722$2,075$1,566$1,171$771
25 years$3,352$2,555$1,922$1,430$1,054$679
26 years$3,188$2,401$1,783$1,308$949$599
27 years$3,037$2,260$1,655$1,197$856$528
28 years$2,897$2,129$1,539$1,097$772$466
29 years$2,767$2,009$1,432$1,006$697$411
30 years$2,646$1,897$1,334$923$630$363
31 years$2,533$1,793$1,244$848$570$321
32 years$2,427$1,697$1,160$779$515$284
33 years$2,328$1,607$1,083$716$466$251
34 years$2,235$1,523$1,012$659$422$222
35 years$2,147$1,445$946$607$382$197
36 years$2,065$1,371$885$559$347$174
37 years$1,987$1,302$829$515$314$154
38 years$1,913$1,238$776$475$285$136
39 years$1,843$1,177$727$438$258$121
40 years$1,777$1,120$681$404$234$107
41 years$1,715$1,066$639$372$212$95
42 years$1,655$1,015$599$344$193$84
43 years$1,598$967$562$317$175$74
44 years$1,545$922$528$293$159$66
45 years$1,493$879$496$271$144$58
46 years$1,444$839$466$250$131$52
47 years$1,398$800$437$231$119$46
48 years$1,353$764$411$213$108$41
49 years$1,310$730$386$197$98$36
50 years$1,269$697$363$182$89$32

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,300,000, adding $2,022 every year, while hoping to spend $44,497 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: 76/10/14 Blend
43$1,300,000$1,300,000$1,300,000$1,300,000
44$1,434,686$1,365,786$1,345,636$1,539,367
45$1,533,679$1,385,365$1,343,370$1,628,308
46$1,641,279$1,404,412$1,339,537$1,719,998
47$1,758,315$1,422,854$1,334,037$1,819,291
48$1,885,702$1,440,613$1,326,767$1,926,930
49$2,024,446$1,457,605$1,317,616$2,043,732
50$2,175,653$1,473,742$1,306,470$2,170,598
51$2,340,543$1,488,927$1,293,209$2,308,522
52$2,520,454$1,503,061$1,277,708$2,458,597
53$2,716,864$1,516,034$1,259,834$2,622,030
54$2,931,395$1,527,732$1,239,450$2,800,149
55$3,165,838$1,538,031$1,216,412$2,994,419
56$3,422,160$1,546,801$1,190,569$3,206,451
57$3,702,530$1,553,903$1,161,762$3,438,026
58$4,009,333$1,559,190$1,129,826$3,691,102
59$4,345,198$1,562,503$1,094,588$3,967,839
60$4,713,019$1,563,677$1,055,868$4,270,618
61$5,115,983$1,562,533$1,013,476$4,602,062
62$5,557,601$1,558,884$967,214$4,965,062
63$6,041,736$1,552,530$916,876$5,362,805
64$6,572,647$1,543,257$862,245$5,798,803
65$7,155,022$1,530,842$803,095$6,276,928
66$7,794,026$1,515,046$739,191$6,801,445
67$8,495,349$1,495,615$670,286$7,377,058
68$9,265,256$1,472,281$596,122$8,008,948
69$10,110,649$1,444,761$516,430$8,702,830
70$11,039,134$1,412,752$430,928$9,464,999
71$12,059,086$1,375,937$339,325$10,302,395
72$13,179,732$1,333,978$241,312$11,222,667
73$14,411,239$1,286,517$136,570$12,234,245
74$15,764,806$1,233,177$24,766$13,346,422
75$17,252,771$1,173,557$0$14,569,438
76$18,888,726$1,107,235$0$15,928,705
77$20,687,649$1,033,761$0$17,427,407
78$22,666,038$952,665$0$19,075,609
79$24,842,073$863,444$0$20,888,483
80$27,235,782$765,571$0$22,882,749
81$29,869,234$658,486$0$25,076,830
82$32,766,744$541,599$0$27,491,029
83$35,955,101$414,287$0$30,147,716
84$39,463,824$275,890$0$33,071,545
85$43,325,438$125,712$0$36,289,682
86$47,575,780$0$0$39,832,065
87$52,254,338$0$0$43,735,754
88$57,404,622$0$0$48,048,329
89$63,074,577$0$0$52,796,109
90$69,317,029$0$0$58,023,339
91$76,190,190$0$0$63,778,771
92$83,758,203$0$0$70,116,124
93$92,091,746$0$0$77,094,592
94$101,268,702$0$0$84,779,402
95$111,374,890$0$0$93,242,430
96$122,504,879$0$0$102,562,875
97$134,762,873$0$0$112,828,012
98$148,263,702$0$0$124,134,011
99$163,133,898$0$0$136,586,844
100$179,512,894$0$0$150,303,287