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%16.5%
1 years$109,830$108,852$107,897$106,966$106,056$103,241
2 years$54,371$53,359$52,377$51,426$50,503$47,686
3 years$35,888$34,871$33,892$32,949$32,041$29,311
4 years$26,647$25,634$24,664$23,738$22,852$20,230
5 years$21,105$20,097$19,141$18,233$17,372$14,865
6 years$17,411$16,411$15,468$14,581$13,746$11,356
7 years$14,773$13,782$12,854$11,988$11,179$8,907
8 years$12,796$11,813$10,902$10,056$9,274$7,118
9 years$11,259$10,286$9,389$8,566$7,810$5,769
10 years$10,030$9,066$8,186$7,384$6,655$4,725
11 years$9,026$8,071$7,207$6,426$5,723$3,902
12 years$8,189$7,244$6,396$5,637$4,960$3,244
13 years$7,481$6,547$5,714$4,976$4,325$2,712
14 years$6,876$5,951$5,134$4,417$3,791$2,276
15 years$6,351$5,436$4,636$3,939$3,338$1,918
16 years$5,892$4,988$4,203$3,527$2,950$1,620
17 years$5,488$4,593$3,824$3,169$2,616$1,372
18 years$5,129$4,244$3,491$2,856$2,326$1,165
19 years$4,809$3,934$3,196$2,581$2,073$990
20 years$4,520$3,655$2,933$2,337$1,852$843
21 years$4,260$3,405$2,698$2,121$1,657$719
22 years$4,023$3,178$2,487$1,929$1,485$613
23 years$3,808$2,973$2,296$1,757$1,333$524
24 years$3,610$2,785$2,123$1,602$1,198$447
25 years$3,429$2,614$1,967$1,463$1,078$383
26 years$3,262$2,457$1,824$1,338$971$327
27 years$3,107$2,312$1,694$1,225$876$280
28 years$2,964$2,178$1,574$1,122$790$240
29 years$2,831$2,055$1,465$1,029$714$206
30 years$2,707$1,941$1,365$944$645$176
31 years$2,592$1,835$1,272$867$583$151
32 years$2,483$1,736$1,187$797$527$129
33 years$2,382$1,644$1,108$733$477$111
34 years$2,287$1,558$1,036$674$432$95
35 years$2,197$1,478$968$621$391$82
36 years$2,112$1,403$906$572$355$70
37 years$2,033$1,332$848$527$321$60
38 years$1,957$1,266$794$486$291$52
39 years$1,886$1,204$744$448$264$44
40 years$1,818$1,146$697$413$240$38
41 years$1,754$1,090$654$381$217$33
42 years$1,693$1,038$613$352$197$28
43 years$1,635$989$575$325$179$24
44 years$1,580$943$540$300$163$21
45 years$1,528$899$507$277$148$18
46 years$1,478$858$476$256$134$15
47 years$1,430$819$448$236$122$13
48 years$1,384$782$421$218$110$11
49 years$1,340$746$395$202$100$10
50 years$1,299$713$372$186$91$8

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 $4,936 every year, while hoping to spend $53,563 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: 71/18/11 Blend
43$1,330,000$1,330,000$1,330,000$1,330,000
44$1,470,751$1,400,261$1,379,646$1,571,555
45$1,563,778$1,411,884$1,368,874$1,650,583
46$1,664,497$1,422,280$1,355,945$1,730,034
47$1,773,638$1,431,334$1,340,732$1,815,565
48$1,892,002$1,438,922$1,323,099$1,907,765
49$2,020,468$1,444,911$1,302,905$2,007,282
50$2,160,005$1,449,162$1,280,002$2,114,831
51$2,311,679$1,451,524$1,254,235$2,231,198
52$2,476,662$1,451,840$1,225,443$2,357,254
53$2,656,242$1,449,941$1,193,456$2,493,955
54$2,851,838$1,445,648$1,158,097$2,642,359
55$3,065,012$1,438,771$1,119,180$2,803,629
56$3,297,482$1,429,109$1,076,511$2,979,051
57$3,551,139$1,416,449$1,029,888$3,170,041
58$3,828,064$1,400,564$979,098$3,378,161
59$4,130,549$1,381,214$923,920$3,605,132
60$4,461,116$1,358,145$864,122$3,852,856
61$4,822,542$1,331,086$799,463$4,123,426
62$5,217,885$1,299,753$729,689$4,419,152
63$5,650,512$1,263,843$654,536$4,742,582
64$6,124,129$1,223,037$573,727$5,096,524
65$6,642,819$1,176,994$486,976$5,484,076
66$7,211,077$1,125,358$393,980$5,908,654
67$7,833,855$1,067,748$294,426$6,374,024
68$8,516,604$1,003,763$187,985$6,884,340
69$9,265,329$932,979$74,315$7,444,181
70$10,086,646$854,949$0$8,058,597
71$10,987,839$769,196$0$8,738,674
72$11,976,933$675,221$0$9,494,700
73$13,062,767$572,494$0$10,324,762
74$14,255,078$460,455$0$11,236,372
75$15,564,592$338,513$0$12,237,810
76$17,003,124$206,044$0$13,338,203
77$18,583,691$62,389$0$14,547,610
78$20,320,633$0$0$15,877,120
79$22,229,748$0$0$17,357,405
80$24,328,439$0$0$18,998,342
81$26,635,881$0$0$20,802,574
82$29,173,199$0$0$22,786,630
83$31,963,668$0$0$24,968,718
84$35,032,931$0$0$27,368,902
85$38,409,242$0$0$30,009,285
86$42,123,730$0$0$32,914,224
87$46,210,692$0$0$36,110,552
88$50,707,921$0$0$39,627,837
89$55,657,054$0$0$43,498,656
90$61,103,973$0$0$47,758,905
91$67,099,228$0$0$52,448,136
92$73,698,524$0$0$57,609,930
93$80,963,235$0$0$63,292,308
94$88,960,993$0$0$69,548,182
95$97,766,316$0$0$76,435,857
96$107,461,317$0$0$84,019,579
97$118,136,479$0$0$92,370,139
98$129,891,501$0$0$101,565,544
99$142,836,246$0$0$111,691,751
100$157,091,774$0$0$122,843,476