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%14.2%
1 years$113,133$112,126$111,142$110,183$109,246$107,348
2 years$56,007$54,964$53,953$52,972$52,022$50,116
3 years$36,967$35,919$34,911$33,940$33,005$31,150
4 years$27,449$26,404$25,406$24,452$23,539$21,750
5 years$21,740$20,701$19,716$18,781$17,894$16,176
6 years$17,935$16,904$15,934$15,020$14,159$12,513
7 years$15,218$14,196$13,241$12,348$11,515$9,942
8 years$13,181$12,169$11,229$10,359$9,553$8,053
9 years$11,598$10,595$9,672$8,823$8,045$6,617
10 years$10,332$9,339$8,432$7,606$6,855$5,498
11 years$9,297$8,314$7,424$6,619$5,895$4,607
12 years$8,435$7,462$6,588$5,806$5,109$3,888
13 years$7,706$6,744$5,886$5,126$4,455$3,300
14 years$7,082$6,130$5,289$4,550$3,905$2,814
15 years$6,542$5,600$4,775$4,058$3,438$2,409
16 years$6,070$5,138$4,329$3,633$3,039$2,069
17 years$5,653$4,732$3,939$3,265$2,694$1,781
18 years$5,284$4,372$3,596$2,942$2,396$1,538
19 years$4,953$4,052$3,292$2,658$2,135$1,330
20 years$4,656$3,765$3,021$2,408$1,907$1,152
21 years$4,388$3,507$2,779$2,185$1,707$999
22 years$4,144$3,274$2,561$1,987$1,530$868
23 years$3,922$3,062$2,365$1,809$1,373$755
24 years$3,719$2,869$2,187$1,650$1,234$657
25 years$3,532$2,692$2,026$1,507$1,111$572
26 years$3,360$2,530$1,879$1,378$1,001$499
27 years$3,201$2,381$1,745$1,261$902$435
28 years$3,053$2,244$1,622$1,156$814$379
29 years$2,916$2,117$1,509$1,060$735$331
30 years$2,789$1,999$1,406$973$664$289
31 years$2,670$1,890$1,311$893$600$253
32 years$2,558$1,788$1,223$821$543$221
33 years$2,453$1,693$1,142$755$492$193
34 years$2,355$1,605$1,067$695$445$169
35 years$2,263$1,522$997$639$403$148
36 years$2,176$1,445$933$589$365$129
37 years$2,094$1,372$873$543$331$113
38 years$2,016$1,304$818$500$300$99
39 years$1,943$1,240$766$461$272$86
40 years$1,873$1,180$718$425$247$76
41 years$1,807$1,123$673$392$224$66
42 years$1,744$1,070$632$362$203$58
43 years$1,685$1,019$593$334$184$51
44 years$1,628$972$556$309$167$44
45 years$1,574$926$522$285$152$39
46 years$1,522$884$491$263$138$34
47 years$1,473$843$461$243$125$30
48 years$1,426$805$433$225$114$26
49 years$1,381$769$407$208$103$23
50 years$1,338$734$383$192$94$20

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 $5,081 every year, while hoping to spend $51,336 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: 61/22/17 Blend
43$1,370,000$1,370,000$1,370,000$1,370,000
44$1,514,981$1,442,371$1,421,136$1,600,545
45$1,614,888$1,458,426$1,414,123$1,674,888
46$1,723,265$1,473,547$1,405,154$1,749,791
47$1,840,922$1,487,635$1,394,111$1,830,332
48$1,968,748$1,500,582$1,380,866$1,917,065
49$2,107,725$1,512,275$1,365,290$2,010,599
50$2,258,930$1,522,593$1,347,244$2,111,605
51$2,423,548$1,531,408$1,326,584$2,220,828
52$2,602,886$1,538,582$1,303,160$2,339,085
53$2,798,377$1,543,970$1,276,813$2,467,281
54$3,011,604$1,547,416$1,247,379$2,606,414
55$3,244,305$1,548,758$1,214,683$2,757,584
56$3,498,396$1,547,818$1,178,547$2,922,008
57$3,775,984$1,544,413$1,138,780$3,101,026
58$4,079,389$1,538,344$1,095,184$3,296,117
59$4,411,167$1,529,403$1,047,553$3,508,916
60$4,774,130$1,517,368$995,670$3,741,223
61$5,171,376$1,502,003$939,309$3,995,027
62$5,606,315$1,483,060$878,234$4,272,521
63$6,082,702$1,460,273$812,198$4,576,127
64$6,604,674$1,433,363$740,943$4,908,514
65$7,176,786$1,402,032$664,200$5,272,629
66$7,804,053$1,365,967$581,686$5,671,722
67$8,492,002$1,324,835$493,108$6,109,380
68$9,246,717$1,278,283$398,158$6,589,557
69$10,074,903$1,225,939$296,517$7,116,618
70$10,983,941$1,167,409$187,848$7,695,377
71$11,981,965$1,102,274$71,803$8,331,142
72$13,077,934$1,030,094$0$9,029,771
73$14,281,717$950,402$0$9,807,163
74$15,604,186$862,705$0$10,675,517
75$17,057,316$766,481$0$11,629,724
76$18,654,304$661,180$0$12,678,526
77$20,409,684$546,219$0$13,831,561
78$22,339,471$420,984$0$15,099,450
79$24,461,309$284,823$0$16,493,904
80$26,794,635$137,052$0$18,027,831
81$29,360,866$0$0$19,715,459
82$32,183,598$0$0$21,578,055
83$35,288,827$0$0$23,663,676
84$38,705,200$0$0$25,958,397
85$42,464,274$0$0$28,483,431
86$46,600,826$0$0$31,262,154
87$51,153,169$0$0$34,320,319
88$56,163,522$0$0$37,686,304
89$61,678,402$0$0$41,391,376
90$67,749,065$0$0$45,469,989
91$74,431,988$0$0$49,960,107
92$81,789,404$0$0$54,903,561
93$89,889,885$0$0$60,346,444
94$98,808,991$0$0$66,339,546
95$108,629,982$0$0$72,938,834
96$119,444,601$0$0$80,205,979
97$131,353,944$0$0$88,208,935
98$144,469,409$0$0$97,022,583
99$158,913,748$0$0$106,729,439
100$174,822,227$0$0$117,420,426