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

Use the below retirement simulation to view the chances of a successful retirement.
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%11.8%
1 years$112,308$111,307$110,331$109,379$108,448$107,630
2 years$55,598$54,562$53,559$52,586$51,642$50,817
3 years$36,697$35,657$34,656$33,692$32,764$31,957
4 years$27,248$26,212$25,221$24,273$23,367$22,586
5 years$21,581$20,550$19,572$18,644$17,764$17,009
6 years$17,804$16,781$15,817$14,910$14,056$13,330
7 years$15,107$14,093$13,144$12,258$11,431$10,734
8 years$13,085$12,080$11,147$10,283$9,483$8,815
9 years$11,513$10,518$9,601$8,759$7,986$7,346
10 years$10,257$9,271$8,371$7,550$6,805$6,193
11 years$9,229$8,253$7,369$6,571$5,852$5,268
12 years$8,374$7,408$6,540$5,764$5,071$4,514
13 years$7,650$6,694$5,843$5,088$4,422$3,892
14 years$7,031$6,085$5,250$4,517$3,877$3,372
15 years$6,494$5,559$4,740$4,028$3,413$2,934
16 years$6,025$5,100$4,298$3,607$3,017$2,562
17 years$5,612$4,697$3,911$3,241$2,675$2,244
18 years$5,245$4,340$3,570$2,921$2,378$1,970
19 years$4,917$4,022$3,268$2,639$2,120$1,734
20 years$4,622$3,738$2,999$2,390$1,893$1,529
21 years$4,356$3,482$2,759$2,169$1,694$1,350
22 years$4,114$3,250$2,543$1,972$1,519$1,194
23 years$3,893$3,040$2,348$1,796$1,363$1,058
24 years$3,692$2,848$2,171$1,638$1,225$938
25 years$3,506$2,673$2,011$1,496$1,103$832
26 years$3,335$2,512$1,865$1,368$993$739
27 years$3,178$2,364$1,732$1,252$896$657
28 years$3,031$2,228$1,610$1,147$808$585
29 years$2,895$2,101$1,498$1,052$730$521
30 years$2,768$1,985$1,396$966$659$464
31 years$2,650$1,876$1,301$887$596$413
32 years$2,539$1,775$1,214$815$539$368
33 years$2,436$1,681$1,133$749$488$328
34 years$2,338$1,593$1,059$690$442$293
35 years$2,246$1,511$990$635$400$261
36 years$2,160$1,434$926$585$363$233
37 years$2,078$1,362$867$539$329$208
38 years$2,001$1,295$812$496$298$186
39 years$1,928$1,231$761$458$270$166
40 years$1,859$1,171$713$422$245$148
41 years$1,794$1,115$668$390$222$132
42 years$1,731$1,062$627$360$202$118
43 years$1,672$1,012$588$332$183$106
44 years$1,616$964$552$306$166$95
45 years$1,562$920$519$283$151$84
46 years$1,511$877$487$261$137$76
47 years$1,462$837$458$242$124$68
48 years$1,415$799$430$223$113$60
49 years$1,371$763$404$206$103$54
50 years$1,328$729$380$191$93$48

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 $3,174 every year, while hoping to spend $55,912 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: 52/33/15 Blend
43$1,360,000$1,360,000$1,360,000$1,360,000
44$1,501,994$1,429,914$1,408,834$1,573,857
45$1,595,707$1,440,490$1,396,540$1,633,973
46$1,697,106$1,449,710$1,381,960$1,693,149
47$1,806,914$1,457,449$1,364,959$1,756,261
48$1,925,928$1,463,573$1,345,394$1,823,696
49$2,055,026$1,467,941$1,323,118$1,895,885
50$2,195,169$1,470,401$1,297,974$1,973,304
51$2,347,420$1,470,794$1,269,799$2,056,480
52$2,512,942$1,468,949$1,238,423$2,145,996
53$2,693,020$1,464,685$1,203,667$2,242,496
54$2,889,064$1,457,810$1,165,346$2,346,695
55$3,102,627$1,448,121$1,123,264$2,459,381
56$3,335,418$1,435,402$1,077,216$2,581,428
57$3,589,318$1,419,424$1,026,990$2,713,801
58$3,866,397$1,399,945$972,363$2,857,569
59$4,168,933$1,376,706$913,101$3,013,911
60$4,499,435$1,349,436$848,961$3,184,133
61$4,860,665$1,317,845$779,689$3,369,679
62$5,255,662$1,281,629$705,018$3,572,144
63$5,687,774$1,240,463$624,670$3,793,291
64$6,160,687$1,194,006$538,356$4,035,068
65$6,678,458$1,141,893$445,772$4,299,630
66$7,245,558$1,083,743$346,603$4,589,356
67$7,866,907$1,019,149$240,516$4,906,875
68$8,547,927$947,683$127,169$5,255,090
69$9,294,587$868,890$6,200$5,637,211
70$10,113,461$782,292$0$6,056,781
71$11,011,791$687,381$0$6,537,383
72$11,997,554$583,623$0$7,066,007
73$13,079,535$470,451$0$7,646,499
74$14,267,413$347,269$0$8,284,198
75$15,571,847$213,443$0$8,984,993
76$17,004,583$68,309$0$9,755,382
77$18,578,556$0$0$10,602,537
78$20,308,019$0$0$11,566,624
79$22,208,673$0$0$12,653,548
80$24,297,814$0$0$13,848,413
81$26,594,499$0$0$15,162,137
82$29,119,723$0$0$16,606,747
83$31,896,616$0$0$18,195,497
84$34,950,662$0$0$19,942,988
85$38,309,940$0$0$21,865,307
86$42,005,384$0$0$23,980,178
87$46,071,081$0$0$26,307,131
88$50,544,585$0$0$28,867,685
89$55,467,276$0$0$31,685,547
90$60,884,746$0$0$34,786,842
91$66,847,232$0$0$38,200,355
92$73,410,087$0$0$41,957,801
93$80,634,302$0$0$46,094,129
94$88,587,085$0$0$50,647,845
95$97,342,485$0$0$55,661,383
96$106,982,101$0$0$61,181,497
97$117,595,845$0$0$67,259,705
98$129,282,790$0$0$73,952,778
99$142,152,106$0$0$81,323,271
100$156,324,091$0$0$89,440,115