Can I retire at age 44 with 1,370,000?

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 $1,370,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$113,133$112,126$111,142$110,183$109,246$105,664
2 years$56,007$54,964$53,953$52,972$52,022$48,448
3 years$36,967$35,919$34,911$33,940$33,005$29,550
4 years$27,449$26,404$25,406$24,452$23,539$20,231
5 years$21,740$20,701$19,716$18,781$17,894$14,740
6 years$17,935$16,904$15,934$15,020$14,159$11,163
7 years$15,218$14,196$13,241$12,348$11,515$8,676
8 years$13,181$12,169$11,229$10,359$9,553$6,869
9 years$11,598$10,595$9,672$8,823$8,045$5,513
10 years$10,332$9,339$8,432$7,606$6,855$4,470
11 years$9,297$8,314$7,424$6,619$5,895$3,654
12 years$8,435$7,462$6,588$5,806$5,109$3,006
13 years$7,706$6,744$5,886$5,126$4,455$2,486
14 years$7,082$6,130$5,289$4,550$3,905$2,064
15 years$6,542$5,600$4,775$4,058$3,438$1,719
16 years$6,070$5,138$4,329$3,633$3,039$1,436
17 years$5,653$4,732$3,939$3,265$2,694$1,202
18 years$5,284$4,372$3,596$2,942$2,396$1,008
19 years$4,953$4,052$3,292$2,658$2,135$847
20 years$4,656$3,765$3,021$2,408$1,907$712
21 years$4,388$3,507$2,779$2,185$1,707$599
22 years$4,144$3,274$2,561$1,987$1,530$505
23 years$3,922$3,062$2,365$1,809$1,373$426
24 years$3,719$2,869$2,187$1,650$1,234$359
25 years$3,532$2,692$2,026$1,507$1,111$304
26 years$3,360$2,530$1,879$1,378$1,001$256
27 years$3,201$2,381$1,745$1,261$902$217
28 years$3,053$2,244$1,622$1,156$814$183
29 years$2,916$2,117$1,509$1,060$735$155
30 years$2,789$1,999$1,406$973$664$131
31 years$2,670$1,890$1,311$893$600$111
32 years$2,558$1,788$1,223$821$543$94
33 years$2,453$1,693$1,142$755$492$79
34 years$2,355$1,605$1,067$695$445$67
35 years$2,263$1,522$997$639$403$57
36 years$2,176$1,445$933$589$365$48
37 years$2,094$1,372$873$543$331$41
38 years$2,016$1,304$818$500$300$34
39 years$1,943$1,240$766$461$272$29
40 years$1,873$1,180$718$425$247$25
41 years$1,807$1,123$673$392$224$21
42 years$1,744$1,070$632$362$203$18
43 years$1,685$1,019$593$334$184$15
44 years$1,628$972$556$309$167$13
45 years$1,574$926$522$285$152$11
46 years$1,522$884$491$263$138$9
47 years$1,473$843$461$243$125$8
48 years$1,426$805$433$225$114$7
49 years$1,381$769$407$208$103$6
50 years$1,338$734$383$192$94$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,370,000, adding $6,852 every year, while hoping to spend $29,613 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: 35/40/25 Blend
43$1,370,000$1,370,000$1,370,000$1,370,000
44$1,516,808$1,444,198$1,422,963$1,558,226
45$1,640,014$1,483,456$1,439,124$1,628,851
46$1,774,795$1,523,644$1,454,834$1,701,822
47$1,922,300$1,564,779$1,470,047$1,779,970
48$2,083,794$1,606,873$1,484,713$1,863,778
49$2,260,672$1,649,940$1,498,782$1,953,775
50$2,454,467$1,693,994$1,512,198$2,050,545
51$2,666,871$1,739,047$1,524,904$2,154,730
52$2,899,744$1,785,113$1,536,841$2,267,038
53$3,155,137$1,832,203$1,547,944$2,388,250
54$3,435,308$1,880,328$1,558,147$2,519,222
55$3,742,745$1,929,499$1,567,381$2,660,902
56$4,080,186$1,979,726$1,575,570$2,814,331
57$4,450,651$2,031,018$1,582,637$2,980,656
58$4,857,463$2,083,384$1,588,501$3,161,143
59$5,304,285$2,136,830$1,593,076$3,357,185
60$5,795,150$2,191,363$1,596,272$3,570,317
61$6,334,504$2,246,988$1,597,995$3,802,231
62$6,927,240$2,303,708$1,598,146$4,054,793
63$7,578,755$2,361,526$1,596,620$4,330,055
64$8,294,990$2,420,442$1,593,308$4,630,283
65$9,082,491$2,480,456$1,588,096$4,957,971
66$9,948,472$2,541,565$1,580,865$5,315,870
67$10,900,880$2,603,765$1,571,487$5,707,011
68$11,948,469$2,667,050$1,559,831$6,134,734
69$13,100,887$2,731,409$1,545,760$6,602,720
70$14,368,762$2,796,833$1,529,128$7,115,028
71$15,763,806$2,863,308$1,509,783$7,676,128
72$17,298,921$2,930,817$1,487,568$8,290,950
73$18,988,325$2,999,341$1,462,315$8,964,927
74$20,847,683$3,068,857$1,433,852$9,704,047
75$22,894,256$3,139,340$1,401,995$10,514,909
76$25,147,062$3,210,760$1,366,554$11,404,788
77$27,627,059$3,283,084$1,327,330$12,381,700
78$30,357,338$3,356,274$1,284,115$13,454,484
79$33,363,343$3,430,289$1,236,690$14,632,879
80$36,673,113$3,505,081$1,184,827$15,927,622
81$40,317,539$3,580,599$1,128,288$17,350,543
82$44,330,667$3,656,787$1,066,824$18,914,687
83$48,750,006$3,733,581$1,000,174$20,634,427
84$53,616,893$3,810,912$928,066$22,525,608
85$58,976,875$3,888,706$850,215$24,605,693
86$64,880,144$3,966,881$766,325$26,893,929
87$71,382,007$4,045,346$676,085$29,411,531
88$78,543,408$4,124,004$579,170$32,181,881
89$86,431,506$4,202,751$475,243$35,230,750
90$95,120,305$4,281,472$363,949$38,586,543
91$104,691,355$4,360,042$244,920$42,280,566
92$115,234,518$4,438,329$117,770$46,347,324
93$126,848,820$4,516,188$0$50,824,847
94$139,643,383$4,593,465$0$55,759,830
95$153,738,454$4,669,991$0$61,227,527
96$169,266,544$4,745,588$0$67,247,520
97$186,373,672$4,820,062$0$73,876,049
98$205,220,748$4,893,206$0$81,175,088
99$225,985,090$4,964,799$0$89,212,935
100$248,862,097$5,034,603$0$98,064,855