Can I retire at age 44 with 1,350,000?

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 $1,350,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.7%
1 years$111,482$110,489$109,520$108,574$107,651$104,288
2 years$55,189$54,161$53,165$52,199$51,262$47,905
3 years$36,427$35,395$34,401$33,445$32,523$29,275
4 years$27,048$26,019$25,035$24,095$23,196$20,083
5 years$21,422$20,399$19,428$18,507$17,633$14,664
6 years$17,673$16,657$15,701$14,800$13,952$11,129
7 years$14,996$13,989$13,048$12,168$11,347$8,669
8 years$12,989$11,991$11,065$10,208$9,413$6,880
9 years$11,429$10,440$9,531$8,695$7,927$5,535
10 years$10,181$9,203$8,309$7,495$6,755$4,500
11 years$9,161$8,193$7,315$6,523$5,809$3,688
12 years$8,312$7,353$6,492$5,721$5,034$3,042
13 years$7,594$6,645$5,800$5,051$4,390$2,522
14 years$6,979$6,040$5,211$4,484$3,848$2,100
15 years$6,446$5,518$4,705$3,999$3,388$1,754
16 years$5,981$5,063$4,266$3,580$2,994$1,469
17 years$5,571$4,662$3,882$3,217$2,655$1,233
18 years$5,206$4,308$3,544$2,899$2,361$1,037
19 years$4,881$3,993$3,244$2,620$2,104$874
20 years$4,588$3,710$2,977$2,373$1,880$737
21 years$4,324$3,456$2,738$2,153$1,682$623
22 years$4,084$3,226$2,524$1,958$1,508$526
23 years$3,865$3,017$2,330$1,783$1,353$445
24 years$3,665$2,827$2,155$1,626$1,216$377
25 years$3,481$2,653$1,996$1,485$1,095$319
26 years$3,311$2,493$1,851$1,358$986$271
27 years$3,154$2,347$1,719$1,243$889$229
28 years$3,009$2,211$1,598$1,139$802$195
29 years$2,874$2,086$1,487$1,044$724$165
30 years$2,748$1,970$1,385$958$654$140
31 years$2,631$1,862$1,291$880$592$119
32 years$2,521$1,762$1,205$809$535$101
33 years$2,418$1,669$1,125$744$484$86
34 years$2,321$1,582$1,051$684$439$73
35 years$2,230$1,500$983$630$397$62
36 years$2,144$1,424$919$580$360$52
37 years$2,063$1,352$861$535$326$45
38 years$1,987$1,285$806$493$296$38
39 years$1,914$1,222$755$454$268$32
40 years$1,846$1,163$708$419$243$27
41 years$1,781$1,107$664$387$221$23
42 years$1,719$1,054$622$357$200$20
43 years$1,660$1,004$584$329$182$17
44 years$1,604$957$548$304$165$14
45 years$1,551$913$515$281$150$12
46 years$1,500$871$484$259$136$10
47 years$1,451$831$454$240$123$9
48 years$1,405$793$427$222$112$7
49 years$1,361$758$401$205$102$6
50 years$1,318$724$377$189$92$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,350,000, adding $5,177 every year, while hoping to spend $53,345 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: 48/29/23 Blend
43$1,350,000$1,350,000$1,350,000$1,350,000
44$1,493,040$1,421,490$1,400,565$1,554,733
45$1,588,571$1,434,384$1,390,725$1,611,250
46$1,692,059$1,446,123$1,378,768$1,666,846
47$1,804,258$1,456,592$1,364,566$1,726,135
48$1,926,000$1,465,672$1,347,986$1,789,487
49$2,058,196$1,473,234$1,328,888$1,857,314
50$2,201,853$1,479,144$1,307,126$1,930,071
51$2,358,075$1,483,254$1,282,548$2,008,262
52$2,528,078$1,485,413$1,254,993$2,092,446
53$2,713,200$1,485,456$1,224,293$2,183,241
54$2,914,912$1,483,210$1,190,273$2,281,331
55$3,134,836$1,478,490$1,152,750$2,387,475
56$3,374,755$1,471,101$1,111,532$2,502,509
57$3,636,630$1,460,835$1,066,419$2,627,362
58$3,922,622$1,447,472$1,017,200$2,763,060
59$4,235,110$1,430,779$963,656$2,910,737
60$4,576,712$1,410,507$905,559$3,071,649
61$4,950,310$1,386,396$842,669$3,247,185
62$5,359,078$1,358,166$774,735$3,438,879
63$5,806,511$1,325,524$701,496$3,648,429
64$6,296,459$1,288,157$622,679$3,877,711
65$6,833,158$1,245,737$537,999$4,128,798
66$7,421,275$1,197,914$447,158$4,403,982
67$8,065,952$1,144,318$349,844$4,705,797
68$8,772,848$1,084,558$245,733$5,037,040
69$9,548,198$1,018,222$134,485$5,400,804
70$10,398,872$944,872$15,747$5,800,505
71$11,332,431$864,045$0$6,239,914
72$12,357,209$775,254$0$6,750,433
73$13,482,384$677,981$0$7,315,325
74$14,718,066$571,681$0$7,935,903
75$16,075,393$455,777$0$8,617,882
76$17,566,634$329,661$0$9,367,567
77$19,205,305$192,688$0$10,191,910
78$21,006,297$44,181$0$11,098,581
79$22,986,015$0$0$12,096,037
80$25,162,532$0$0$13,230,811
81$27,555,760$0$0$14,494,240
82$30,187,636$0$0$15,883,825
83$33,082,332$0$0$17,412,350
84$36,266,476$0$0$19,093,898
85$39,769,411$0$0$20,943,988
86$43,623,463$0$0$22,979,715
87$47,864,251$0$0$25,219,919
88$52,531,023$0$0$27,685,356
89$57,667,021$0$0$30,398,898
90$63,319,892$0$0$33,385,745
91$69,542,138$0$0$36,673,663
92$76,391,607$0$0$40,293,251
93$83,932,041$0$0$44,278,221
94$92,233,676$0$0$48,665,722
95$101,373,906$0$0$53,496,689
96$111,438,011$0$0$58,816,227
97$122,519,958$0$0$64,674,038
98$134,723,296$0$0$71,124,891
99$148,162,122$0$0$78,229,135
100$162,962,166$0$0$86,053,271