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%12.2%
1 years$111,482$110,489$109,520$108,574$107,651$106,660
2 years$55,189$54,161$53,165$52,199$51,262$50,264
3 years$36,427$35,395$34,401$33,445$32,523$31,548
4 years$27,048$26,019$25,035$24,095$23,196$22,252
5 years$21,422$20,399$19,428$18,507$17,633$16,723
6 years$17,673$16,657$15,701$14,800$13,952$13,077
7 years$14,996$13,989$13,048$12,168$11,347$10,507
8 years$12,989$11,991$11,065$10,208$9,413$8,609
9 years$11,429$10,440$9,531$8,695$7,927$7,158
10 years$10,181$9,203$8,309$7,495$6,755$6,019
11 years$9,161$8,193$7,315$6,523$5,809$5,108
12 years$8,312$7,353$6,492$5,721$5,034$4,366
13 years$7,594$6,645$5,800$5,051$4,390$3,754
14 years$6,979$6,040$5,211$4,484$3,848$3,244
15 years$6,446$5,518$4,705$3,999$3,388$2,815
16 years$5,981$5,063$4,266$3,580$2,994$2,452
17 years$5,571$4,662$3,882$3,217$2,655$2,141
18 years$5,206$4,308$3,544$2,899$2,361$1,875
19 years$4,881$3,993$3,244$2,620$2,104$1,645
20 years$4,588$3,710$2,977$2,373$1,880$1,446
21 years$4,324$3,456$2,738$2,153$1,682$1,274
22 years$4,084$3,226$2,524$1,958$1,508$1,123
23 years$3,865$3,017$2,330$1,783$1,353$992
24 years$3,665$2,827$2,155$1,626$1,216$877
25 years$3,481$2,653$1,996$1,485$1,095$776
26 years$3,311$2,493$1,851$1,358$986$687
27 years$3,154$2,347$1,719$1,243$889$609
28 years$3,009$2,211$1,598$1,139$802$540
29 years$2,874$2,086$1,487$1,044$724$479
30 years$2,748$1,970$1,385$958$654$425
31 years$2,631$1,862$1,291$880$592$378
32 years$2,521$1,762$1,205$809$535$335
33 years$2,418$1,669$1,125$744$484$298
34 years$2,321$1,582$1,051$684$439$265
35 years$2,230$1,500$983$630$397$236
36 years$2,144$1,424$919$580$360$210
37 years$2,063$1,352$861$535$326$187
38 years$1,987$1,285$806$493$296$166
39 years$1,914$1,222$755$454$268$148
40 years$1,846$1,163$708$419$243$132
41 years$1,781$1,107$664$387$221$117
42 years$1,719$1,054$622$357$200$104
43 years$1,660$1,004$584$329$182$93
44 years$1,604$957$548$304$165$83
45 years$1,551$913$515$281$150$74
46 years$1,500$871$484$259$136$66
47 years$1,451$831$454$240$123$58
48 years$1,405$793$427$222$112$52
49 years$1,361$758$401$205$102$46
50 years$1,318$724$377$189$92$41

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 $3,857 every year, while hoping to spend $33,074 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: 56/18/26 Blend
43$1,350,000$1,350,000$1,350,000$1,350,000
44$1,491,678$1,420,128$1,399,203$1,564,376
45$1,608,639$1,454,524$1,410,886$1,649,113
46$1,736,421$1,489,497$1,421,852$1,737,603
47$1,876,094$1,525,040$1,432,042$1,833,332
48$2,028,834$1,561,145$1,441,393$1,937,009
49$2,195,936$1,597,803$1,449,842$2,049,414
50$2,378,829$1,635,002$1,457,318$2,171,407
51$2,579,081$1,672,729$1,463,750$2,303,936
52$2,798,425$1,710,970$1,469,063$2,448,045
53$3,038,764$1,749,707$1,473,176$2,604,885
54$3,302,197$1,788,922$1,476,007$2,775,726
55$3,591,034$1,828,593$1,477,467$2,961,966
56$3,907,822$1,868,696$1,477,464$3,165,147
57$4,255,363$1,909,205$1,475,902$3,386,967
58$4,636,744$1,950,091$1,472,679$3,629,299
59$5,055,368$1,991,321$1,467,690$3,894,208
60$5,514,980$2,032,860$1,460,822$4,183,969
61$6,019,707$2,074,669$1,451,958$4,501,091
62$6,574,096$2,116,707$1,440,978$4,848,339
63$7,183,154$2,158,926$1,427,751$5,228,758
64$7,852,399$2,201,276$1,412,144$5,645,710
65$8,587,909$2,243,704$1,394,016$6,102,897
66$9,396,380$2,286,149$1,373,219$6,604,401
67$10,285,188$2,328,548$1,349,600$7,154,720
68$11,262,462$2,370,832$1,322,996$7,758,814
69$12,337,156$2,412,925$1,293,239$8,422,150
70$13,519,134$2,454,747$1,260,151$9,150,753
71$14,819,268$2,496,212$1,223,548$9,951,265
72$16,249,533$2,537,226$1,183,236$10,831,007
73$17,823,123$2,577,688$1,139,013$11,798,050
74$19,554,579$2,617,491$1,090,667$12,861,287
75$21,459,918$2,656,520$1,037,976$14,030,524
76$23,556,790$2,694,651$980,709$15,316,567
77$25,864,645$2,731,751$918,625$16,731,330
78$28,404,910$2,767,678$851,470$18,287,940
79$31,201,197$2,802,281$778,981$20,000,870
80$34,279,524$2,835,397$700,881$21,886,072
81$37,668,558$2,866,854$616,883$23,961,126
82$41,399,888$2,896,467$526,686$26,245,411
83$45,508,321$2,924,038$429,975$28,760,287
84$50,032,212$2,949,359$326,421$31,529,295
85$55,013,825$2,972,204$215,683$34,578,383
86$60,499,729$2,992,337$97,403$37,936,148
87$66,541,243$3,009,502$0$41,634,113
88$73,194,912$3,023,430$0$45,715,014
89$80,523,050$3,033,835$0$50,238,503
90$88,594,318$3,040,410$0$55,219,843
91$97,484,381$3,042,832$0$60,705,667
92$107,276,613$3,040,756$0$66,747,362
93$118,062,891$3,033,817$0$73,401,555
94$129,944,457$3,021,625$0$80,730,652
95$143,032,876$3,003,769$0$88,803,422
96$157,451,087$2,979,812$0$97,695,651
97$173,334,565$2,949,290$0$107,490,854
98$190,832,598$2,911,712$0$118,281,065
99$210,109,693$2,866,556$0$130,167,707
100$231,347,136$2,813,271$0$143,262,548