Can I retire at age 44 with 1,330,000?

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 $1,330,000?

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$109,830$108,852$107,897$106,966$106,056$103,576
2 years$54,371$53,359$52,377$51,426$50,503$48,019
3 years$35,888$34,871$33,892$32,949$32,041$29,630
4 years$26,647$25,634$24,664$23,738$22,852$20,533
5 years$21,105$20,097$19,141$18,233$17,372$15,151
6 years$17,411$16,411$15,468$14,581$13,746$11,625
7 years$14,773$13,782$12,854$11,988$11,179$9,159
8 years$12,796$11,813$10,902$10,056$9,274$7,354
9 years$11,259$10,286$9,389$8,566$7,810$5,989
10 years$10,030$9,066$8,186$7,384$6,655$4,930
11 years$9,026$8,071$7,207$6,426$5,723$4,092
12 years$8,189$7,244$6,396$5,637$4,960$3,420
13 years$7,481$6,547$5,714$4,976$4,325$2,874
14 years$6,876$5,951$5,134$4,417$3,791$2,426
15 years$6,351$5,436$4,636$3,939$3,338$2,055
16 years$5,892$4,988$4,203$3,527$2,950$1,746
17 years$5,488$4,593$3,824$3,169$2,616$1,488
18 years$5,129$4,244$3,491$2,856$2,326$1,270
19 years$4,809$3,934$3,196$2,581$2,073$1,086
20 years$4,520$3,655$2,933$2,337$1,852$930
21 years$4,260$3,405$2,698$2,121$1,657$798
22 years$4,023$3,178$2,487$1,929$1,485$685
23 years$3,808$2,973$2,296$1,757$1,333$589
24 years$3,610$2,785$2,123$1,602$1,198$506
25 years$3,429$2,614$1,967$1,463$1,078$436
26 years$3,262$2,457$1,824$1,338$971$375
27 years$3,107$2,312$1,694$1,225$876$323
28 years$2,964$2,178$1,574$1,122$790$279
29 years$2,831$2,055$1,465$1,029$714$240
30 years$2,707$1,941$1,365$944$645$207
31 years$2,592$1,835$1,272$867$583$179
32 years$2,483$1,736$1,187$797$527$154
33 years$2,382$1,644$1,108$733$477$133
34 years$2,287$1,558$1,036$674$432$115
35 years$2,197$1,478$968$621$391$99
36 years$2,112$1,403$906$572$355$86
37 years$2,033$1,332$848$527$321$74
38 years$1,957$1,266$794$486$291$64
39 years$1,886$1,204$744$448$264$55
40 years$1,818$1,146$697$413$240$48
41 years$1,754$1,090$654$381$217$41
42 years$1,693$1,038$613$352$197$36
43 years$1,635$989$575$325$179$31
44 years$1,580$943$540$300$163$27
45 years$1,528$899$507$277$148$23
46 years$1,478$858$476$256$134$20
47 years$1,430$819$448$236$122$17
48 years$1,384$782$421$218$110$15
49 years$1,340$746$395$202$100$13
50 years$1,299$713$372$186$91$11

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,330,000, adding $4,317 every year, while hoping to spend $21,302 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: 63/10/27 Blend
43$1,330,000$1,330,000$1,330,000$1,330,000
44$1,470,113$1,399,623$1,379,008$1,551,918
45$1,597,399$1,445,539$1,402,540$1,653,792
46$1,736,955$1,492,992$1,426,146$1,762,300
47$1,890,009$1,542,033$1,449,806$1,880,364
48$2,057,915$1,592,717$1,473,499$2,008,922
49$2,242,163$1,645,101$1,497,203$2,149,009
50$2,444,397$1,699,244$1,520,892$2,301,765
51$2,666,424$1,755,207$1,544,541$2,468,444
52$2,910,239$1,813,051$1,568,122$2,650,431
53$3,178,036$1,872,843$1,591,607$2,849,246
54$3,472,232$1,934,649$1,614,963$3,066,567
55$3,795,494$1,998,541$1,638,158$3,304,243
56$4,150,754$2,064,589$1,661,156$3,564,308
57$4,541,246$2,132,869$1,683,920$3,849,005
58$4,970,533$2,203,460$1,706,411$4,160,803
59$5,442,539$2,276,441$1,728,587$4,502,425
60$5,961,587$2,351,895$1,750,404$4,876,869
61$6,532,441$2,429,910$1,771,815$5,287,438
62$7,160,350$2,510,576$1,792,770$5,737,770
63$7,851,095$2,593,984$1,813,218$6,231,877
64$8,611,049$2,680,231$1,833,103$6,774,177
65$9,447,231$2,769,418$1,852,367$7,369,537
66$10,367,377$2,861,647$1,870,949$8,023,320
67$11,380,007$2,957,026$1,888,784$8,741,439
68$12,494,514$3,055,666$1,905,804$9,530,403
69$13,721,243$3,157,683$1,921,938$10,397,390
70$15,071,596$3,263,195$1,937,108$11,350,305
71$16,558,134$3,372,327$1,951,237$12,397,860
72$18,194,701$3,485,208$1,964,240$13,549,658
73$19,996,547$3,601,970$1,976,029$14,816,275
74$21,980,481$3,722,752$1,986,512$16,209,369
75$24,165,020$3,847,698$1,995,591$17,741,785
76$26,570,573$3,976,955$2,003,164$19,427,677
77$29,219,625$4,110,679$2,009,123$21,282,644
78$32,136,953$4,249,030$2,013,355$23,323,874
79$35,349,863$4,392,172$2,015,743$25,570,306
80$38,888,439$4,540,280$2,016,161$28,042,811
81$42,785,837$4,693,530$2,014,479$30,764,391
82$47,078,589$4,852,109$2,010,561$33,760,388
83$51,806,952$5,016,210$2,004,262$37,058,734
84$57,015,288$5,186,031$1,995,432$40,690,205
85$62,752,482$5,361,781$1,983,912$44,688,718
86$69,072,400$5,543,673$1,969,539$49,091,648
87$76,034,404$5,731,933$1,952,137$53,940,180
88$83,703,906$5,926,790$1,931,527$59,279,703
89$92,152,988$6,128,486$1,907,516$65,160,232
90$101,461,081$6,337,270$1,879,907$71,636,885
91$111,715,718$6,553,403$1,848,490$78,770,400
92$123,013,354$6,777,152$1,813,047$86,627,710
93$135,460,281$7,008,799$1,773,350$95,282,577
94$149,173,632$7,248,632$1,729,159$104,816,282
95$164,282,481$7,496,953$1,680,225$115,318,401
96$180,929,067$7,754,077$1,626,285$126,887,644
97$199,270,132$8,020,327$1,567,066$139,632,788
98$219,478,405$8,296,042$1,502,281$153,673,708
99$241,744,226$8,581,572$1,431,632$169,142,504
100$266,277,351$8,877,283$1,354,806$186,184,751