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%17.3%
1 years$112,308$111,307$110,331$109,379$108,448$105,230
2 years$55,598$54,562$53,559$52,586$51,642$48,426
3 years$36,697$35,657$34,656$33,692$32,764$29,651
4 years$27,248$26,212$25,221$24,273$23,367$20,382
5 years$21,581$20,550$19,572$18,644$17,764$14,913
6 years$17,804$16,781$15,817$14,910$14,056$11,343
7 years$15,107$14,093$13,144$12,258$11,431$8,856
8 years$13,085$12,080$11,147$10,283$9,483$7,045
9 years$11,513$10,518$9,601$8,759$7,986$5,682
10 years$10,257$9,271$8,371$7,550$6,805$4,630
11 years$9,229$8,253$7,369$6,571$5,852$3,805
12 years$8,374$7,408$6,540$5,764$5,071$3,147
13 years$7,650$6,694$5,843$5,088$4,422$2,616
14 years$7,031$6,085$5,250$4,517$3,877$2,184
15 years$6,494$5,559$4,740$4,028$3,413$1,829
16 years$6,025$5,100$4,298$3,607$3,017$1,537
17 years$5,612$4,697$3,911$3,241$2,675$1,294
18 years$5,245$4,340$3,570$2,921$2,378$1,092
19 years$4,917$4,022$3,268$2,639$2,120$923
20 years$4,622$3,738$2,999$2,390$1,893$781
21 years$4,356$3,482$2,759$2,169$1,694$661
22 years$4,114$3,250$2,543$1,972$1,519$561
23 years$3,893$3,040$2,348$1,796$1,363$476
24 years$3,692$2,848$2,171$1,638$1,225$404
25 years$3,506$2,673$2,011$1,496$1,103$343
26 years$3,335$2,512$1,865$1,368$993$292
27 years$3,178$2,364$1,732$1,252$896$248
28 years$3,031$2,228$1,610$1,147$808$211
29 years$2,895$2,101$1,498$1,052$730$180
30 years$2,768$1,985$1,396$966$659$153
31 years$2,650$1,876$1,301$887$596$130
32 years$2,539$1,775$1,214$815$539$111
33 years$2,436$1,681$1,133$749$488$95
34 years$2,338$1,593$1,059$690$442$81
35 years$2,246$1,511$990$635$400$69
36 years$2,160$1,434$926$585$363$58
37 years$2,078$1,362$867$539$329$50
38 years$2,001$1,295$812$496$298$42
39 years$1,928$1,231$761$458$270$36
40 years$1,859$1,171$713$422$245$31
41 years$1,794$1,115$668$390$222$26
42 years$1,731$1,062$627$360$202$22
43 years$1,672$1,012$588$332$183$19
44 years$1,616$964$552$306$166$16
45 years$1,562$920$519$283$151$14
46 years$1,511$877$487$261$137$12
47 years$1,462$837$458$242$124$10
48 years$1,415$799$430$223$113$9
49 years$1,371$763$404$206$103$7
50 years$1,328$729$380$191$93$6

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 $4,818 every year, while hoping to spend $30,494 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: 57/23/20 Blend
43$1,360,000$1,360,000$1,360,000$1,360,000
44$1,503,690$1,431,610$1,410,530$1,581,110
45$1,624,621$1,469,313$1,425,337$1,672,077
46$1,756,865$1,507,842$1,439,619$1,767,470
47$1,901,543$1,547,205$1,453,324$1,870,759
48$2,059,892$1,587,409$1,466,401$1,982,710
49$2,233,270$1,628,461$1,478,795$2,104,167
50$2,423,175$1,670,368$1,490,447$2,236,062
51$2,631,258$1,713,135$1,501,296$2,379,419
52$2,859,334$1,756,766$1,511,277$2,535,366
53$3,109,404$1,801,265$1,520,322$2,705,148
54$3,383,671$1,846,635$1,528,361$2,890,134
55$3,684,563$1,892,878$1,535,318$3,091,834
56$4,014,752$1,939,992$1,541,115$3,311,910
57$4,377,182$1,987,977$1,545,668$3,552,195
58$4,775,097$2,036,831$1,548,891$3,814,707
59$5,212,071$2,086,549$1,550,692$4,101,672
60$5,692,037$2,137,125$1,550,976$4,415,539
61$6,219,333$2,188,553$1,549,641$4,759,011
62$6,798,735$2,240,821$1,546,584$5,135,063
63$7,435,504$2,293,920$1,541,692$5,546,975
64$8,135,437$2,347,833$1,534,851$5,998,360
65$8,904,921$2,402,547$1,525,938$6,493,203
66$9,750,992$2,458,040$1,514,826$7,035,890
67$10,681,402$2,514,293$1,501,381$7,631,260
68$11,704,691$2,571,280$1,485,464$8,284,643
69$12,830,271$2,628,974$1,466,928$9,001,911
70$14,068,508$2,687,343$1,445,620$9,789,540
71$15,430,826$2,746,353$1,421,378$10,654,662
72$16,929,812$2,805,966$1,394,036$11,605,140
73$18,579,333$2,866,138$1,363,416$12,649,638
74$20,394,669$2,926,824$1,329,335$13,797,706
75$22,392,658$2,987,970$1,291,600$15,059,867
76$24,591,850$3,049,522$1,250,009$16,447,718
77$27,012,686$3,111,416$1,204,352$17,974,042
78$29,677,691$3,173,586$1,154,409$19,652,924
79$32,611,681$3,235,958$1,099,948$21,499,889
80$35,842,005$3,298,452$1,040,729$23,532,045
81$39,398,796$3,360,983$976,499$25,768,249
82$43,315,259$3,423,456$906,997$28,229,280
83$47,627,980$3,485,771$831,947$30,938,040
84$52,377,278$3,547,818$751,061$33,919,767
85$57,607,579$3,609,479$664,040$37,202,279
86$63,367,837$3,670,628$570,570$40,816,229
87$69,711,996$3,731,128$470,323$44,795,403
88$76,699,499$3,790,833$362,959$49,177,032
89$84,395,849$3,849,585$248,119$54,002,150
90$92,873,227$3,907,216$125,432$59,315,980
91$102,211,170$3,963,544$0$65,168,358
92$112,497,327$4,018,376$0$71,615,383
93$123,828,282$4,071,503$0$78,745,054
94$136,310,466$4,122,706$0$86,597,374
95$150,061,160$4,171,745$0$95,245,957
96$165,209,607$4,218,369$0$104,771,923
97$181,898,225$4,262,307$0$115,264,663
98$200,283,955$4,303,272$0$126,822,689
99$220,539,741$4,340,954$0$139,554,560
100$242,856,162$4,375,029$0$153,579,905