Can I retire at age 44 with 1,310,000?

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 $1,310,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$108,179$107,215$106,275$105,357$104,461$103,284
2 years$53,554$52,556$51,590$50,653$49,743$48,559
3 years$35,348$34,346$33,382$32,454$31,559$30,403
4 years$26,247$25,248$24,294$23,381$22,508$21,390
5 years$20,787$19,795$18,853$17,959$17,110$16,033
6 years$17,149$16,164$15,236$14,362$13,539$12,504
7 years$14,551$13,574$12,661$11,808$11,011$10,019
8 years$12,604$11,636$10,738$9,905$9,135$8,185
9 years$11,090$10,131$9,248$8,437$7,693$6,786
10 years$9,880$8,930$8,063$7,273$6,554$5,689
11 years$8,890$7,950$7,098$6,329$5,637$4,813
12 years$8,066$7,135$6,300$5,552$4,885$4,101
13 years$7,369$6,448$5,628$4,901$4,260$3,515
14 years$6,772$5,861$5,057$4,351$3,734$3,028
15 years$6,255$5,354$4,566$3,880$3,288$2,618
16 years$5,804$4,913$4,140$3,474$2,906$2,272
17 years$5,406$4,524$3,767$3,122$2,576$1,977
18 years$5,052$4,181$3,439$2,813$2,291$1,725
19 years$4,736$3,875$3,148$2,542$2,042$1,509
20 years$4,452$3,600$2,889$2,302$1,824$1,321
21 years$4,196$3,354$2,657$2,089$1,632$1,159
22 years$3,963$3,131$2,449$1,900$1,463$1,019
23 years$3,750$2,928$2,261$1,730$1,313$896
24 years$3,556$2,743$2,091$1,578$1,180$789
25 years$3,377$2,574$1,937$1,441$1,062$695
26 years$3,213$2,420$1,797$1,318$957$613
27 years$3,061$2,277$1,668$1,206$863$541
28 years$2,920$2,146$1,551$1,105$778$478
29 years$2,789$2,024$1,443$1,013$703$422
30 years$2,667$1,912$1,344$930$635$374
31 years$2,553$1,807$1,253$854$574$330
32 years$2,446$1,710$1,169$785$519$292
33 years$2,346$1,619$1,092$722$470$259
34 years$2,252$1,535$1,020$664$426$229
35 years$2,164$1,456$954$611$385$203
36 years$2,081$1,382$892$563$349$180
37 years$2,002$1,312$835$519$317$159
38 years$1,928$1,247$782$478$287$141
39 years$1,858$1,186$733$441$260$125
40 years$1,791$1,128$687$407$236$111
41 years$1,728$1,074$644$375$214$98
42 years$1,668$1,023$604$346$194$87
43 years$1,611$975$567$320$176$77
44 years$1,556$929$532$295$160$68
45 years$1,505$886$500$273$145$61
46 years$1,455$845$469$252$132$54
47 years$1,408$806$441$233$120$48
48 years$1,363$770$414$215$109$42
49 years$1,320$735$389$199$99$38
50 years$1,279$702$366$184$90$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,310,000, adding $5,538 every year, while hoping to spend $59,905 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: 53/40/7 Blend
43$1,310,000$1,310,000$1,310,000$1,310,000
44$1,449,332$1,379,902$1,359,597$1,523,430
45$1,533,426$1,383,779$1,341,406$1,578,135
46$1,624,089$1,385,838$1,320,596$1,630,599
47$1,721,929$1,385,927$1,297,019$1,686,232
48$1,827,612$1,383,884$1,270,516$1,745,345
49$1,941,872$1,379,537$1,240,921$1,808,282
50$2,065,513$1,372,705$1,208,062$1,875,425
51$2,199,421$1,363,193$1,171,758$1,947,195
52$2,344,569$1,350,796$1,131,819$2,024,063
53$2,502,027$1,335,298$1,088,047$2,106,548
54$2,672,973$1,316,467$1,040,236$2,195,226
55$2,858,702$1,294,059$988,169$2,290,735
56$3,060,637$1,267,815$931,620$2,393,783
57$3,280,345$1,237,461$870,353$2,505,151
58$3,519,550$1,202,707$804,120$2,625,709
59$3,780,150$1,163,245$732,663$2,756,415
60$4,064,231$1,118,751$655,714$2,898,334
61$4,374,092$1,068,878$572,989$3,052,643
62$4,712,260$1,013,265$484,195$3,220,645
63$5,081,521$951,524$389,026$3,403,783
64$5,484,937$883,250$287,159$3,603,651
65$5,925,882$808,010$178,260$3,822,016
66$6,408,070$725,351$61,980$4,060,830
67$6,935,590$634,790$0$4,322,254
68$7,512,945$535,820$0$4,613,317
69$8,145,093$427,903$0$4,937,262
70$8,837,494$310,471$0$5,292,407
71$9,596,160$182,926$0$5,682,012
72$10,427,713$44,634$0$6,109,678
73$11,339,446$0$0$6,579,384
74$12,339,391$0$0$7,141,776
75$13,436,395$0$0$7,780,439
76$14,640,203$0$0$8,481,418
77$15,961,547$0$0$9,250,978
78$17,412,253$0$0$10,096,024
79$19,005,343$0$0$11,024,160
80$20,755,165$0$0$12,043,764
81$22,677,524$0$0$13,164,065
82$24,789,832$0$0$14,395,229
83$27,111,270$0$0$15,748,457
84$29,662,970$0$0$17,236,089
85$32,468,214$0$0$18,871,720
86$35,552,650$0$0$20,670,329
87$38,944,538$0$0$22,648,417
88$42,675,013$0$0$24,824,166
89$46,778,378$0$0$27,217,608
90$51,292,427$0$0$29,850,814
91$56,258,802$0$0$32,748,104
92$61,723,386$0$0$35,936,271
93$67,736,732$0$0$39,444,838
94$74,354,543$0$0$43,306,336
95$81,638,194$0$0$47,556,608
96$89,655,310$0$0$52,235,148
97$98,480,408$0$0$57,385,473
98$108,195,595$0$0$63,055,536
99$118,891,341$0$0$69,298,172
100$130,667,337$0$0$76,171,603