Can I retire at age 44 with 1,380,000?

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 $1,380,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.2%
1 years$113,959$112,944$111,954$110,987$110,043$106,393
2 years$56,415$55,365$54,346$53,359$52,401$48,759
3 years$37,237$36,181$35,166$34,188$33,246$29,726
4 years$27,649$26,597$25,592$24,630$23,711$20,341
5 years$21,898$20,853$19,860$18,918$18,025$14,813
6 years$18,065$17,028$16,050$15,129$14,262$11,211
7 years$15,329$14,300$13,338$12,439$11,599$8,709
8 years$13,277$12,258$11,311$10,434$9,623$6,891
9 years$11,683$10,672$9,742$8,888$8,104$5,527
10 years$10,407$9,407$8,494$7,661$6,905$4,479
11 years$9,365$8,375$7,478$6,668$5,938$3,659
12 years$8,497$7,517$6,636$5,848$5,146$3,008
13 years$7,763$6,793$5,929$5,163$4,487$2,485
14 years$7,134$6,175$5,327$4,583$3,934$2,062
15 years$6,590$5,641$4,810$4,088$3,463$1,716
16 years$6,114$5,175$4,361$3,660$3,061$1,433
17 years$5,695$4,766$3,968$3,288$2,714$1,198
18 years$5,322$4,404$3,622$2,964$2,413$1,004
19 years$4,989$4,082$3,316$2,678$2,151$843
20 years$4,690$3,793$3,043$2,425$1,921$708
21 years$4,420$3,533$2,799$2,201$1,719$596
22 years$4,174$3,298$2,580$2,001$1,541$502
23 years$3,951$3,084$2,382$1,823$1,383$423
24 years$3,746$2,890$2,203$1,662$1,243$357
25 years$3,558$2,712$2,041$1,518$1,119$301
26 years$3,384$2,549$1,893$1,388$1,008$254
27 years$3,224$2,399$1,757$1,271$909$214
28 years$3,076$2,260$1,634$1,164$820$181
29 years$2,938$2,132$1,520$1,068$740$153
30 years$2,809$2,014$1,416$980$669$129
31 years$2,689$1,904$1,320$900$605$109
32 years$2,577$1,801$1,232$827$547$92
33 years$2,471$1,706$1,150$760$495$78
34 years$2,372$1,617$1,075$700$448$66
35 years$2,279$1,533$1,005$644$406$56
36 years$2,192$1,455$940$593$368$47
37 years$2,109$1,382$880$547$333$40
38 years$2,031$1,314$824$504$302$34
39 years$1,957$1,249$772$464$274$29
40 years$1,887$1,189$723$428$249$24
41 years$1,820$1,131$678$395$226$20
42 years$1,757$1,078$636$365$205$17
43 years$1,697$1,027$597$337$186$15
44 years$1,640$979$560$311$169$12
45 years$1,585$933$526$287$153$10
46 years$1,533$890$494$265$139$9
47 years$1,484$850$464$245$126$7
48 years$1,436$811$436$226$115$6
49 years$1,391$774$410$209$104$5
50 years$1,347$740$386$193$95$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,380,000, adding $4,618 every year, while hoping to spend $46,527 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: 50/23/27 Blend
43$1,380,000$1,380,000$1,380,000$1,380,000
44$1,525,523$1,452,383$1,430,993$1,589,952
45$1,631,622$1,474,046$1,429,427$1,657,072
46$1,746,984$1,495,210$1,426,249$1,724,967
47$1,872,504$1,515,803$1,421,357$1,797,847
48$2,009,168$1,535,746$1,414,641$1,876,204
49$2,158,061$1,554,955$1,405,988$1,960,586
50$2,320,375$1,573,340$1,395,280$2,051,595
51$2,497,424$1,590,804$1,382,393$2,149,896
52$2,690,653$1,607,246$1,367,196$2,256,226
53$2,901,655$1,622,556$1,349,552$2,371,396
54$3,132,180$1,636,618$1,329,318$2,496,305
55$3,384,158$1,649,307$1,306,346$2,631,943
56$3,659,710$1,660,492$1,280,477$2,779,404
57$3,961,176$1,670,031$1,251,548$2,939,897
58$4,291,129$1,677,775$1,219,388$3,114,756
59$4,652,403$1,683,565$1,183,816$3,305,456
60$5,048,120$1,687,232$1,144,646$3,513,622
61$5,481,717$1,688,595$1,101,680$3,741,050
62$5,956,979$1,687,463$1,054,713$3,989,724
63$6,478,076$1,683,634$1,003,532$4,261,831
64$7,049,600$1,676,892$947,910$4,559,787
65$7,676,608$1,667,009$887,614$4,886,259
66$8,364,672$1,653,742$822,399$5,244,190
67$9,119,927$1,636,834$752,008$5,636,827
68$9,949,133$1,616,012$676,173$6,067,755
69$10,859,735$1,590,988$594,616$6,540,928
70$11,859,937$1,561,455$507,044$7,060,711
71$12,958,773$1,527,088$413,153$7,631,920
72$14,166,198$1,487,546$312,623$8,259,867
73$15,493,177$1,442,462$205,123$8,950,415
74$16,951,792$1,391,454$90,306$9,710,031
75$18,555,353$1,334,113$0$10,545,850
76$20,318,522$1,270,009$0$11,475,025
77$22,257,457$1,198,684$0$12,525,322
78$24,389,956$1,119,658$0$13,680,389
79$26,735,630$1,032,421$0$14,950,906
80$29,316,087$936,432$0$16,348,649
81$32,155,134$831,123$0$17,886,596
82$35,279,001$715,891$0$19,579,055
83$38,716,589$590,099$0$21,441,796
84$42,499,744$453,077$0$23,492,203
85$46,663,553$304,114$0$25,749,436
86$51,246,680$142,460$0$28,234,616
87$56,291,724$0$0$30,971,025
88$61,845,626$0$0$33,992,593
89$67,960,108$0$0$37,359,016
90$74,692,164$0$0$41,065,639
91$82,104,594$0$0$45,147,060
92$90,266,597$0$0$49,641,408
93$99,254,425$0$0$54,590,693
94$109,152,101$0$0$60,041,211
95$120,052,214$0$0$66,043,972
96$132,056,785$0$0$72,655,190
97$145,278,239$0$0$79,936,806
98$159,840,458$0$0$87,957,076
99$175,879,955$0$0$96,791,216
100$193,547,157$0$0$106,522,107