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%15.7%
1 years$107,353$106,397$105,464$104,553$103,664$101,240
2 years$53,145$52,155$51,196$50,266$49,364$46,936
3 years$35,078$34,084$33,127$32,206$31,318$28,962
4 years$26,046$25,055$24,108$23,202$22,337$20,070
5 years$20,629$19,644$18,709$17,822$16,980$14,809
6 years$17,018$16,041$15,120$14,252$13,436$11,363
7 years$14,440$13,471$12,564$11,718$10,927$8,952
8 years$12,508$11,547$10,656$9,830$9,065$7,188
9 years$11,005$10,054$9,178$8,373$7,634$5,854
10 years$9,804$8,862$8,001$7,217$6,504$4,819
11 years$8,822$7,889$7,044$6,281$5,594$4,000
12 years$8,004$7,081$6,252$5,509$4,848$3,343
13 years$7,313$6,399$5,585$4,864$4,227$2,809
14 years$6,720$5,817$5,018$4,318$3,706$2,371
15 years$6,208$5,314$4,531$3,851$3,263$2,009
16 years$5,759$4,875$4,108$3,448$2,884$1,707
17 years$5,364$4,490$3,738$3,098$2,557$1,454
18 years$5,014$4,149$3,412$2,792$2,273$1,241
19 years$4,700$3,845$3,124$2,523$2,026$1,062
20 years$4,418$3,573$2,867$2,285$1,810$909
21 years$4,164$3,328$2,637$2,074$1,620$780
22 years$3,932$3,107$2,430$1,885$1,452$670
23 years$3,722$2,906$2,244$1,717$1,303$575
24 years$3,529$2,722$2,075$1,566$1,171$495
25 years$3,352$2,555$1,922$1,430$1,054$426
26 years$3,188$2,401$1,783$1,308$949$367
27 years$3,037$2,260$1,655$1,197$856$316
28 years$2,897$2,129$1,539$1,097$772$272
29 years$2,767$2,009$1,432$1,006$697$235
30 years$2,646$1,897$1,334$923$630$203
31 years$2,533$1,793$1,244$848$570$175
32 years$2,427$1,697$1,160$779$515$151
33 years$2,328$1,607$1,083$716$466$130
34 years$2,235$1,523$1,012$659$422$112
35 years$2,147$1,445$946$607$382$97
36 years$2,065$1,371$885$559$347$84
37 years$1,987$1,302$829$515$314$72
38 years$1,913$1,238$776$475$285$63
39 years$1,843$1,177$727$438$258$54
40 years$1,777$1,120$681$404$234$47
41 years$1,715$1,066$639$372$212$40
42 years$1,655$1,015$599$344$193$35
43 years$1,598$967$562$317$175$30
44 years$1,545$922$528$293$159$26
45 years$1,493$879$496$271$144$22
46 years$1,444$839$466$250$131$19
47 years$1,398$800$437$231$119$17
48 years$1,353$764$411$213$108$15
49 years$1,310$730$386$197$98$13
50 years$1,269$697$363$182$89$11

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 $4,660 every year, while hoping to spend $25,296 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: 83/6/11 Blend
43$1,300,000$1,300,000$1,300,000$1,300,000
44$1,437,407$1,368,507$1,348,357$1,553,721
45$1,557,108$1,408,649$1,366,612$1,670,705
46$1,688,170$1,449,910$1,384,631$1,795,305
47$1,831,726$1,492,319$1,402,379$1,931,377
48$1,989,023$1,535,903$1,419,820$2,080,058
49$2,161,434$1,580,693$1,436,914$2,242,603
50$2,350,471$1,626,717$1,453,621$2,420,391
51$2,557,799$1,674,007$1,469,898$2,614,943
52$2,785,254$1,722,593$1,485,699$2,827,935
53$3,034,856$1,772,506$1,500,976$3,061,210
54$3,308,831$1,823,778$1,515,678$3,316,801
55$3,609,630$1,876,441$1,529,752$3,596,947
56$3,939,955$1,930,530$1,543,141$3,904,114
57$4,302,780$1,986,076$1,555,786$4,241,019
58$4,701,384$2,043,113$1,567,625$4,610,653
59$5,139,376$2,101,677$1,578,591$5,016,316
60$5,620,734$2,161,801$1,588,616$5,461,639
61$6,149,842$2,223,522$1,597,627$5,950,624
62$6,731,525$2,286,874$1,605,547$6,487,682
63$7,371,104$2,351,894$1,612,297$7,077,670
64$8,074,438$2,418,619$1,617,790$7,725,941
65$8,847,984$2,487,084$1,621,940$8,438,393
66$9,698,856$2,557,328$1,624,651$9,221,525
67$10,634,890$2,629,388$1,625,828$10,082,495
68$11,664,722$2,703,302$1,625,367$11,029,194
69$12,797,867$2,779,107$1,623,160$12,070,315
70$14,044,808$2,856,842$1,619,094$13,215,435
71$15,417,096$2,936,544$1,613,051$14,475,110
72$16,927,458$3,018,254$1,604,907$15,860,968
73$18,589,919$3,102,008$1,594,532$17,385,825
74$20,419,930$3,187,846$1,581,788$19,063,802
75$22,434,519$3,275,806$1,566,534$20,910,457
76$24,652,446$3,365,927$1,548,618$22,942,938
77$27,094,384$3,458,245$1,527,886$25,180,137
78$29,783,112$3,552,801$1,504,171$27,642,873
79$32,743,731$3,649,630$1,477,302$30,354,089
80$36,003,900$3,748,770$1,447,100$33,339,063
81$39,594,096$3,850,258$1,413,376$36,625,654
82$43,547,902$3,954,129$1,375,933$40,244,560
83$47,902,326$4,060,419$1,334,564$44,229,608
84$52,698,146$4,169,162$1,289,055$48,618,075
85$57,980,297$4,280,391$1,239,179$53,451,038
86$63,798,297$4,394,140$1,184,701$58,773,763
87$70,206,709$4,510,439$1,125,374$64,636,132
88$77,265,660$4,629,317$1,060,941$71,093,114
89$85,041,407$4,750,803$991,132$78,205,282
90$93,606,961$4,874,923$915,665$86,039,388
91$103,042,779$5,001,702$834,248$94,668,989
92$113,437,520$5,131,163$746,572$104,175,146
93$124,888,882$5,263,324$652,317$114,647,184
94$137,504,526$5,398,205$551,148$126,183,540
95$151,403,090$5,535,820$442,714$138,892,689
96$166,715,311$5,676,181$326,651$152,894,169
97$183,585,255$5,819,296$202,576$168,319,711
98$202,171,680$5,965,171$70,092$185,314,478
99$222,649,534$6,113,807$0$204,038,443
100$245,211,603$6,265,201$0$224,676,258