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%15.4%
1 years$111,482$110,489$109,520$108,574$107,651$105,262
2 years$55,189$54,161$53,165$52,199$51,262$48,868
3 years$36,427$35,395$34,401$33,445$32,523$30,198
4 years$27,048$26,019$25,035$24,095$23,196$20,958
5 years$21,422$20,399$19,428$18,507$17,633$15,489
6 years$17,673$16,657$15,701$14,800$13,952$11,904
7 years$14,996$13,989$13,048$12,168$11,347$9,395
8 years$12,989$11,991$11,065$10,208$9,413$7,557
9 years$11,429$10,440$9,531$8,695$7,927$6,165
10 years$10,181$9,203$8,309$7,495$6,755$5,084
11 years$9,161$8,193$7,315$6,523$5,809$4,229
12 years$8,312$7,353$6,492$5,721$5,034$3,541
13 years$7,594$6,645$5,800$5,051$4,390$2,982
14 years$6,979$6,040$5,211$4,484$3,848$2,522
15 years$6,446$5,518$4,705$3,999$3,388$2,141
16 years$5,981$5,063$4,266$3,580$2,994$1,823
17 years$5,571$4,662$3,882$3,217$2,655$1,556
18 years$5,206$4,308$3,544$2,899$2,361$1,332
19 years$4,881$3,993$3,244$2,620$2,104$1,141
20 years$4,588$3,710$2,977$2,373$1,880$980
21 years$4,324$3,456$2,738$2,153$1,682$842
22 years$4,084$3,226$2,524$1,958$1,508$725
23 years$3,865$3,017$2,330$1,783$1,353$624
24 years$3,665$2,827$2,155$1,626$1,216$538
25 years$3,481$2,653$1,996$1,485$1,095$464
26 years$3,311$2,493$1,851$1,358$986$401
27 years$3,154$2,347$1,719$1,243$889$346
28 years$3,009$2,211$1,598$1,139$802$299
29 years$2,874$2,086$1,487$1,044$724$259
30 years$2,748$1,970$1,385$958$654$224
31 years$2,631$1,862$1,291$880$592$193
32 years$2,521$1,762$1,205$809$535$167
33 years$2,418$1,669$1,125$744$484$145
34 years$2,321$1,582$1,051$684$439$125
35 years$2,230$1,500$983$630$397$109
36 years$2,144$1,424$919$580$360$94
37 years$2,063$1,352$861$535$326$81
38 years$1,987$1,285$806$493$296$70
39 years$1,914$1,222$755$454$268$61
40 years$1,846$1,163$708$419$243$53
41 years$1,781$1,107$664$387$221$46
42 years$1,719$1,054$622$357$200$40
43 years$1,660$1,004$584$329$182$34
44 years$1,604$957$548$304$165$30
45 years$1,551$913$515$281$150$26
46 years$1,500$871$484$259$136$22
47 years$1,451$831$454$240$123$19
48 years$1,405$793$427$222$112$17
49 years$1,361$758$401$205$102$15
50 years$1,318$724$377$189$92$13

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 $4,405 every year, while hoping to spend $29,599 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: 52/22/26 Blend
43$1,350,000$1,350,000$1,350,000$1,350,000
44$1,492,244$1,420,694$1,399,769$1,558,785
45$1,612,960$1,458,815$1,415,168$1,643,510
46$1,744,996$1,497,811$1,430,091$1,732,253
47$1,889,477$1,537,696$1,444,491$1,828,195
48$2,047,640$1,578,479$1,458,317$1,932,032
49$2,220,847$1,620,172$1,471,518$2,044,535
50$2,410,597$1,662,784$1,484,038$2,166,549
51$2,618,544$1,706,327$1,495,819$2,299,010
52$2,846,507$1,750,807$1,506,800$2,442,944
53$3,096,489$1,796,235$1,516,916$2,599,485
54$3,370,697$1,842,618$1,526,100$2,769,882
55$3,671,564$1,889,962$1,534,279$2,955,509
56$4,001,766$1,938,272$1,541,381$3,157,884
57$4,364,254$1,987,555$1,547,324$3,378,675
58$4,762,275$2,037,813$1,552,028$3,619,725
59$5,199,411$2,089,050$1,555,404$3,883,060
60$5,679,603$2,141,265$1,557,362$4,170,917
61$6,207,195$2,194,459$1,557,806$4,485,758
62$6,786,971$2,248,631$1,556,635$4,830,298
63$7,424,205$2,303,776$1,553,744$5,207,530
64$8,124,702$2,359,889$1,549,023$5,620,750
65$8,894,862$2,416,964$1,542,356$6,073,592
66$9,741,733$2,474,990$1,533,620$6,570,061
67$10,673,082$2,533,958$1,522,689$7,114,571
68$11,697,467$2,593,852$1,509,429$7,711,986
69$12,824,314$2,654,656$1,493,701$8,367,667
70$14,064,011$2,716,351$1,475,357$9,087,524
71$15,428,004$2,778,916$1,454,245$9,878,068
72$16,928,901$2,842,324$1,430,203$10,746,476
73$18,580,599$2,906,547$1,403,064$11,700,660
74$20,398,405$2,971,553$1,372,652$12,749,338
75$22,399,189$3,037,306$1,338,783$13,902,117
76$24,601,538$3,103,766$1,301,264$15,169,589
77$27,025,932$3,170,887$1,259,893$16,563,425
78$29,694,937$3,238,621$1,214,460$18,096,490
79$32,633,421$3,306,913$1,164,744$19,782,960
80$35,868,782$3,375,704$1,110,515$21,638,461
81$39,431,212$3,444,929$1,051,532$23,680,216
82$43,353,981$3,514,515$987,544$25,927,204
83$47,673,747$3,584,386$918,286$28,400,344
84$52,430,905$3,654,457$843,485$31,122,691
85$57,669,968$3,724,636$762,852$34,119,654
86$63,439,986$3,794,824$676,089$37,419,237
87$69,795,007$3,864,913$582,880$41,052,305
88$76,794,591$3,934,787$482,900$45,052,871
89$84,504,368$4,004,321$375,806$49,458,424
90$92,996,660$4,073,378$261,241$54,310,281
91$102,351,159$4,141,814$138,833$59,653,975
92$112,655,686$4,209,472$8,193$65,539,691
93$124,007,013$4,276,183$0$72,022,734
94$136,511,780$4,341,767$0$79,200,464
95$150,287,498$4,406,031$0$87,108,442
96$165,463,663$4,468,766$0$95,818,552
97$182,182,972$4,529,751$0$105,412,512
98$200,602,673$4,588,747$0$115,980,377
99$220,896,051$4,645,501$0$127,621,385
100$243,254,059$4,699,741$0$140,444,896