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%13.5%
1 years$112,308$111,307$110,331$109,379$108,448$106,872
2 years$55,598$54,562$53,559$52,586$51,642$50,057
3 years$36,697$35,657$34,656$33,692$32,764$31,220
4 years$27,248$26,212$25,221$24,273$23,367$21,876
5 years$21,581$20,550$19,572$18,644$17,764$16,329
6 years$17,804$16,781$15,817$14,910$14,056$12,680
7 years$15,107$14,093$13,144$12,258$11,431$10,114
8 years$13,085$12,080$11,147$10,283$9,483$8,226
9 years$11,513$10,518$9,601$8,759$7,986$6,787
10 years$10,257$9,271$8,371$7,550$6,805$5,663
11 years$9,229$8,253$7,369$6,571$5,852$4,767
12 years$8,374$7,408$6,540$5,764$5,071$4,041
13 years$7,650$6,694$5,843$5,088$4,422$3,446
14 years$7,031$6,085$5,250$4,517$3,877$2,952
15 years$6,494$5,559$4,740$4,028$3,413$2,539
16 years$6,025$5,100$4,298$3,607$3,017$2,191
17 years$5,612$4,697$3,911$3,241$2,675$1,896
18 years$5,245$4,340$3,570$2,921$2,378$1,645
19 years$4,917$4,022$3,268$2,639$2,120$1,430
20 years$4,622$3,738$2,999$2,390$1,893$1,245
21 years$4,356$3,482$2,759$2,169$1,694$1,086
22 years$4,114$3,250$2,543$1,972$1,519$948
23 years$3,893$3,040$2,348$1,796$1,363$829
24 years$3,692$2,848$2,171$1,638$1,225$725
25 years$3,506$2,673$2,011$1,496$1,103$635
26 years$3,335$2,512$1,865$1,368$993$557
27 years$3,178$2,364$1,732$1,252$896$488
28 years$3,031$2,228$1,610$1,147$808$429
29 years$2,895$2,101$1,498$1,052$730$376
30 years$2,768$1,985$1,396$966$659$330
31 years$2,650$1,876$1,301$887$596$290
32 years$2,539$1,775$1,214$815$539$255
33 years$2,436$1,681$1,133$749$488$224
34 years$2,338$1,593$1,059$690$442$197
35 years$2,246$1,511$990$635$400$174
36 years$2,160$1,434$926$585$363$153
37 years$2,078$1,362$867$539$329$134
38 years$2,001$1,295$812$496$298$118
39 years$1,928$1,231$761$458$270$104
40 years$1,859$1,171$713$422$245$92
41 years$1,794$1,115$668$390$222$81
42 years$1,731$1,062$627$360$202$71
43 years$1,672$1,012$588$332$183$63
44 years$1,616$964$552$306$166$55
45 years$1,562$920$519$283$151$49
46 years$1,511$877$487$261$137$43
47 years$1,462$837$458$242$124$38
48 years$1,415$799$430$223$113$33
49 years$1,371$763$404$206$103$29
50 years$1,328$729$380$191$93$26

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 $5,541 every year, while hoping to spend $45,988 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: 69/7/24 Blend
43$1,360,000$1,360,000$1,360,000$1,360,000
44$1,504,436$1,432,356$1,411,276$1,598,706
45$1,608,957$1,453,610$1,409,622$1,683,805
46$1,722,599$1,474,365$1,406,373$1,771,060
47$1,846,241$1,494,547$1,401,424$1,865,460
48$1,980,856$1,514,077$1,394,670$1,967,711
49$2,127,510$1,532,873$1,385,997$2,078,592
50$2,287,377$1,550,846$1,375,290$2,198,958
51$2,461,751$1,567,899$1,362,424$2,329,757
52$2,652,055$1,583,931$1,347,270$2,472,030
53$2,859,855$1,598,833$1,329,693$2,626,929
54$3,086,874$1,612,491$1,309,553$2,795,719
55$3,335,013$1,624,780$1,286,700$2,979,799
56$3,606,359$1,635,570$1,260,979$3,180,710
57$3,903,215$1,644,720$1,232,230$3,400,151
58$4,228,114$1,652,082$1,200,280$3,639,997
59$4,583,846$1,657,498$1,164,954$3,902,313
60$4,973,483$1,660,801$1,126,065$4,189,376
61$5,400,409$1,661,810$1,083,419$4,503,699
62$5,868,350$1,660,338$1,036,812$4,848,051
63$6,381,409$1,656,182$986,033$5,225,484
64$6,944,107$1,649,129$930,859$5,639,365
65$7,561,421$1,638,952$871,058$6,093,406
66$8,238,835$1,625,410$806,388$6,591,698
67$8,982,390$1,608,248$736,595$7,138,752
68$9,798,737$1,587,196$661,415$7,739,542
69$10,695,207$1,561,967$580,571$8,399,552
70$11,679,871$1,532,257$493,773$9,124,826
71$12,761,625$1,497,745$400,722$9,922,029
72$13,950,266$1,458,089$301,101$10,798,508
73$15,256,587$1,412,929$194,581$11,762,363
74$16,692,479$1,361,883$80,821$12,822,522
75$18,271,044$1,304,548$0$13,988,829
76$20,006,715$1,240,494$0$15,282,527
77$21,915,392$1,169,271$0$16,727,947
78$24,014,596$1,090,400$0$18,317,657
79$26,323,630$1,003,374$0$20,066,298
80$28,863,761$907,661$0$21,989,999
81$31,658,422$802,693$0$24,106,537
82$34,733,431$687,875$0$26,435,498
83$38,117,235$562,574$0$28,998,467
84$41,841,178$426,126$0$31,819,227
85$45,939,797$277,825$0$34,923,987
86$50,451,145$116,927$0$38,341,626
87$55,417,155$0$0$42,103,969
88$60,884,027$0$0$46,250,504
89$66,902,671$0$0$50,825,559
90$73,529,183$0$0$55,862,781
91$80,825,377$0$0$61,409,170
92$88,859,363$0$0$67,516,514
93$97,706,195$0$0$74,241,881
94$107,448,574$0$0$81,648,155
95$118,177,630$0$0$89,804,626
96$129,993,783$0$0$98,787,651
97$143,007,687$0$0$108,681,368
98$157,341,278$0$0$119,578,491
99$173,128,919$0$0$131,581,186
100$190,518,673$0$0$144,802,036