Can I retire at age 44 with 1,360,000?

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 $1,360,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$112,308$111,307$110,331$109,379$108,448$104,434
2 years$55,598$54,562$53,559$52,586$51,642$47,643
3 years$36,697$35,657$34,656$33,692$32,764$28,906
4 years$27,248$26,212$25,221$24,273$23,367$19,680
5 years$21,581$20,550$19,572$18,644$17,764$14,256
6 years$17,804$16,781$15,817$14,910$14,056$10,731
7 years$15,107$14,093$13,144$12,258$11,431$8,288
8 years$13,085$12,080$11,147$10,283$9,483$6,519
9 years$11,513$10,518$9,601$8,759$7,986$5,197
10 years$10,257$9,271$8,371$7,550$6,805$4,185
11 years$9,229$8,253$7,369$6,571$5,852$3,397
12 years$8,374$7,408$6,540$5,764$5,071$2,774
13 years$7,650$6,694$5,843$5,088$4,422$2,276
14 years$7,031$6,085$5,250$4,517$3,877$1,875
15 years$6,494$5,559$4,740$4,028$3,413$1,550
16 years$6,025$5,100$4,298$3,607$3,017$1,284
17 years$5,612$4,697$3,911$3,241$2,675$1,066
18 years$5,245$4,340$3,570$2,921$2,378$887
19 years$4,917$4,022$3,268$2,639$2,120$739
20 years$4,622$3,738$2,999$2,390$1,893$616
21 years$4,356$3,482$2,759$2,169$1,694$514
22 years$4,114$3,250$2,543$1,972$1,519$430
23 years$3,893$3,040$2,348$1,796$1,363$359
24 years$3,692$2,848$2,171$1,638$1,225$301
25 years$3,506$2,673$2,011$1,496$1,103$252
26 years$3,335$2,512$1,865$1,368$993$211
27 years$3,178$2,364$1,732$1,252$896$176
28 years$3,031$2,228$1,610$1,147$808$148
29 years$2,895$2,101$1,498$1,052$730$124
30 years$2,768$1,985$1,396$966$659$104
31 years$2,650$1,876$1,301$887$596$87
32 years$2,539$1,775$1,214$815$539$73
33 years$2,436$1,681$1,133$749$488$61
34 years$2,338$1,593$1,059$690$442$51
35 years$2,246$1,511$990$635$400$43
36 years$2,160$1,434$926$585$363$36
37 years$2,078$1,362$867$539$329$30
38 years$2,001$1,295$812$496$298$25
39 years$1,928$1,231$761$458$270$21
40 years$1,859$1,171$713$422$245$18
41 years$1,794$1,115$668$390$222$15
42 years$1,731$1,062$627$360$202$13
43 years$1,672$1,012$588$332$183$11
44 years$1,616$964$552$306$166$9
45 years$1,562$920$519$283$151$7
46 years$1,511$877$487$261$137$6
47 years$1,462$837$458$242$124$5
48 years$1,415$799$430$223$113$4
49 years$1,371$763$404$206$103$4
50 years$1,328$729$380$191$93$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,360,000, adding $2,505 every year, while hoping to spend $44,377 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: 59/26/15 Blend
43$1,360,000$1,360,000$1,360,000$1,360,000
44$1,501,304$1,429,224$1,408,144$1,584,020
45$1,607,220$1,452,039$1,408,100$1,662,983
46$1,722,452$1,474,485$1,406,567$1,743,904
47$1,847,904$1,496,496$1,403,449$1,831,110
48$1,984,570$1,518,004$1,398,644$1,925,212
49$2,133,543$1,538,933$1,392,045$2,026,884
50$2,296,027$1,559,204$1,383,542$2,136,869
51$2,473,348$1,578,731$1,373,017$2,255,990
52$2,666,964$1,597,424$1,360,347$2,385,149
53$2,878,482$1,615,184$1,345,406$2,525,345
54$3,109,667$1,631,909$1,328,057$2,677,678
55$3,362,468$1,647,487$1,308,162$2,843,361
56$3,639,026$1,661,800$1,285,571$3,023,733
57$3,941,701$1,674,722$1,260,132$3,220,270
58$4,273,090$1,686,120$1,231,683$3,434,600
59$4,636,056$1,695,850$1,200,055$3,668,517
60$5,033,748$1,703,761$1,165,071$3,924,002
61$5,469,636$1,709,691$1,126,547$4,203,237
62$5,947,542$1,713,469$1,084,289$4,508,632
63$6,471,675$1,714,912$1,038,096$4,842,841
64$7,046,670$1,713,827$987,756$5,208,794
65$7,677,633$1,710,007$933,049$5,609,720
66$8,370,188$1,703,235$873,743$6,049,180
67$9,130,532$1,693,278$809,598$6,531,103
68$9,965,488$1,679,890$740,361$7,059,819
69$10,882,574$1,662,811$665,770$7,640,105
70$11,890,072$1,641,764$585,549$8,277,228
71$12,997,106$1,616,457$499,411$8,976,995
72$14,213,725$1,586,578$407,056$9,745,810
73$15,551,004$1,551,799$308,171$10,590,734
74$17,021,140$1,511,772$202,429$11,519,554
75$18,637,575$1,466,127$89,488$12,540,854
76$20,415,115$1,414,474$0$13,664,102
77$22,370,073$1,356,400$0$14,904,700
78$24,520,425$1,291,468$0$16,284,797
79$26,885,974$1,219,215$0$17,802,804
80$29,488,539$1,139,153$0$19,472,775
81$32,352,162$1,050,763$0$21,310,198
82$35,503,332$953,500$0$23,332,149
83$38,971,236$846,786$0$25,557,444
84$42,788,033$730,009$0$28,006,827
85$46,989,158$602,525$0$30,703,160
86$51,613,655$463,651$0$33,671,642
87$56,704,546$312,669$0$36,940,050
88$62,309,236$148,816$0$40,538,996
89$68,479,961$0$0$44,502,225
90$75,274,278$0$0$48,875,140
91$82,755,610$0$0$53,737,252
92$90,993,843$0$0$59,091,420
93$100,065,988$0$0$64,987,712
94$110,056,900$0$0$71,481,297
95$121,060,087$0$0$78,632,971
96$133,178,586$0$0$86,509,724
97$146,525,939$0$0$95,185,376
98$161,227,261$0$0$104,741,272
99$177,420,422$0$0$115,267,048
100$195,257,347$0$0$126,861,483