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

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 $1,380,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.2%
1 years$113,959$112,944$111,954$110,987$110,043$105,970
2 years$56,415$55,365$54,346$53,359$52,401$48,344
3 years$37,237$36,181$35,166$34,188$33,246$29,331
4 years$27,649$26,597$25,592$24,630$23,711$19,970
5 years$21,898$20,853$19,860$18,918$18,025$14,466
6 years$18,065$17,028$16,050$15,129$14,262$10,889
7 years$15,329$14,300$13,338$12,439$11,599$8,410
8 years$13,277$12,258$11,311$10,434$9,623$6,615
9 years$11,683$10,672$9,742$8,888$8,104$5,273
10 years$10,407$9,407$8,494$7,661$6,905$4,247
11 years$9,365$8,375$7,478$6,668$5,938$3,447
12 years$8,497$7,517$6,636$5,848$5,146$2,815
13 years$7,763$6,793$5,929$5,163$4,487$2,310
14 years$7,134$6,175$5,327$4,583$3,934$1,903
15 years$6,590$5,641$4,810$4,088$3,463$1,573
16 years$6,114$5,175$4,361$3,660$3,061$1,303
17 years$5,695$4,766$3,968$3,288$2,714$1,082
18 years$5,322$4,404$3,622$2,964$2,413$900
19 years$4,989$4,082$3,316$2,678$2,151$750
20 years$4,690$3,793$3,043$2,425$1,921$625
21 years$4,420$3,533$2,799$2,201$1,719$522
22 years$4,174$3,298$2,580$2,001$1,541$436
23 years$3,951$3,084$2,382$1,823$1,383$365
24 years$3,746$2,890$2,203$1,662$1,243$305
25 years$3,558$2,712$2,041$1,518$1,119$255
26 years$3,384$2,549$1,893$1,388$1,008$214
27 years$3,224$2,399$1,757$1,271$909$179
28 years$3,076$2,260$1,634$1,164$820$150
29 years$2,938$2,132$1,520$1,068$740$126
30 years$2,809$2,014$1,416$980$669$105
31 years$2,689$1,904$1,320$900$605$88
32 years$2,577$1,801$1,232$827$547$74
33 years$2,471$1,706$1,150$760$495$62
34 years$2,372$1,617$1,075$700$448$52
35 years$2,279$1,533$1,005$644$406$44
36 years$2,192$1,455$940$593$368$37
37 years$2,109$1,382$880$547$333$31
38 years$2,031$1,314$824$504$302$26
39 years$1,957$1,249$772$464$274$22
40 years$1,887$1,189$723$428$249$18
41 years$1,820$1,131$678$395$226$15
42 years$1,757$1,078$636$365$205$13
43 years$1,697$1,027$597$337$186$11
44 years$1,640$979$560$311$169$9
45 years$1,585$933$526$287$153$8
46 years$1,533$890$494$265$139$6
47 years$1,484$850$464$245$126$5
48 years$1,436$811$436$226$115$4
49 years$1,391$774$410$209$104$4
50 years$1,347$740$386$193$95$3

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 $2,259 every year, while hoping to spend $33,577 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: 69/26/5 Blend
43$1,380,000$1,380,000$1,380,000$1,380,000
44$1,523,090$1,449,950$1,428,560$1,627,210
45$1,642,720$1,485,272$1,440,691$1,731,661
46$1,773,426$1,521,199$1,452,103$1,841,532
47$1,916,304$1,557,726$1,462,737$1,960,783
48$2,072,557$1,594,846$1,472,530$2,090,327
49$2,243,514$1,632,549$1,481,415$2,231,166
50$2,430,634$1,670,825$1,489,324$2,384,405
51$2,635,526$1,709,663$1,496,184$2,551,259
52$2,859,962$1,749,049$1,501,918$2,733,069
53$3,105,892$1,788,966$1,506,446$2,931,309
54$3,375,465$1,829,397$1,509,684$3,147,603
55$3,671,046$1,870,322$1,511,542$3,383,741
56$3,995,242$1,911,717$1,511,928$3,641,694
57$4,350,923$1,953,557$1,510,744$3,923,631
58$4,741,251$1,995,815$1,507,888$4,231,945
59$5,169,708$2,038,460$1,503,251$4,569,269
60$5,640,131$2,081,456$1,496,723$4,938,506
61$6,156,744$2,124,768$1,488,183$5,342,852
62$6,724,204$2,168,353$1,477,509$5,785,830
63$7,347,638$2,212,168$1,464,571$6,271,319
64$8,032,696$2,256,163$1,449,233$6,803,597
65$8,785,600$2,300,285$1,431,352$7,387,372
66$9,613,209$2,344,476$1,410,779$8,027,837
67$10,523,075$2,388,674$1,387,359$8,730,708
68$11,523,521$2,432,811$1,360,928$9,502,288
69$12,623,716$2,476,815$1,331,315$10,349,521
70$13,833,762$2,520,606$1,298,341$11,280,056
71$15,164,789$2,564,099$1,261,819$12,302,324
72$16,629,061$2,607,203$1,221,553$13,425,616
73$18,240,088$2,649,818$1,177,338$14,660,167
74$20,012,758$2,691,841$1,128,959$16,017,259
75$21,963,474$2,733,156$1,076,194$17,509,321
76$24,110,309$2,773,642$1,018,808$19,150,050
77$26,473,179$2,813,168$956,556$20,954,542
78$29,074,025$2,851,595$889,183$22,939,430
79$31,937,026$2,888,774$816,421$25,123,044
80$35,088,823$2,924,544$737,991$27,525,585
81$38,558,771$2,958,734$653,602$30,169,310
82$42,379,216$2,991,163$562,948$33,078,752
83$46,585,802$3,021,636$465,713$36,280,943
84$51,217,802$3,049,945$361,563$39,805,673
85$56,318,495$3,075,868$250,152$43,685,770
86$61,935,567$3,099,171$131,117$47,957,414
87$68,121,567$3,119,603$4,082$52,660,473
88$74,934,398$3,136,895$0$57,838,883
89$82,437,868$3,150,765$0$63,548,077
90$90,702,288$3,160,909$0$69,835,089
91$99,805,134$3,167,006$0$76,758,525
92$109,831,784$3,168,716$0$84,383,210
93$120,876,318$3,165,675$0$92,780,584
94$133,042,407$3,157,498$0$102,029,370
95$146,444,294$3,143,776$0$112,216,324
96$161,207,867$3,124,077$0$123,437,053
97$177,471,852$3,097,939$0$135,796,915
98$195,389,118$3,064,875$0$149,412,014
99$215,128,122$3,024,368$0$164,410,303
100$236,874,498$2,975,870$0$180,932,784