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%19.8%
1 years$113,959$112,944$111,954$110,987$110,043$105,719
2 years$56,415$55,365$54,346$53,359$52,401$48,098
3 years$37,237$36,181$35,166$34,188$33,246$29,098
4 years$27,649$26,597$25,592$24,630$23,711$19,751
5 years$21,898$20,853$19,860$18,918$18,025$14,262
6 years$18,065$17,028$16,050$15,129$14,262$10,700
7 years$15,329$14,300$13,338$12,439$11,599$8,236
8 years$13,277$12,258$11,311$10,434$9,623$6,455
9 years$11,683$10,672$9,742$8,888$8,104$5,127
10 years$10,407$9,407$8,494$7,661$6,905$4,113
11 years$9,365$8,375$7,478$6,668$5,938$3,325
12 years$8,497$7,517$6,636$5,848$5,146$2,705
13 years$7,763$6,793$5,929$5,163$4,487$2,210
14 years$7,134$6,175$5,327$4,583$3,934$1,813
15 years$6,590$5,641$4,810$4,088$3,463$1,492
16 years$6,114$5,175$4,361$3,660$3,061$1,231
17 years$5,695$4,766$3,968$3,288$2,714$1,018
18 years$5,322$4,404$3,622$2,964$2,413$843
19 years$4,989$4,082$3,316$2,678$2,151$699
20 years$4,690$3,793$3,043$2,425$1,921$580
21 years$4,420$3,533$2,799$2,201$1,719$482
22 years$4,174$3,298$2,580$2,001$1,541$401
23 years$3,951$3,084$2,382$1,823$1,383$334
24 years$3,746$2,890$2,203$1,662$1,243$278
25 years$3,558$2,712$2,041$1,518$1,119$231
26 years$3,384$2,549$1,893$1,388$1,008$193
27 years$3,224$2,399$1,757$1,271$909$161
28 years$3,076$2,260$1,634$1,164$820$134
29 years$2,938$2,132$1,520$1,068$740$112
30 years$2,809$2,014$1,416$980$669$93
31 years$2,689$1,904$1,320$900$605$78
32 years$2,577$1,801$1,232$827$547$65
33 years$2,471$1,706$1,150$760$495$54
34 years$2,372$1,617$1,075$700$448$45
35 years$2,279$1,533$1,005$644$406$38
36 years$2,192$1,455$940$593$368$31
37 years$2,109$1,382$880$547$333$26
38 years$2,031$1,314$824$504$302$22
39 years$1,957$1,249$772$464$274$18
40 years$1,887$1,189$723$428$249$15
41 years$1,820$1,131$678$395$226$13
42 years$1,757$1,078$636$365$205$11
43 years$1,697$1,027$597$337$186$9
44 years$1,640$979$560$311$169$7
45 years$1,585$933$526$287$153$6
46 years$1,533$890$494$265$139$5
47 years$1,484$850$464$245$126$4
48 years$1,436$811$436$226$115$4
49 years$1,391$774$410$209$104$3
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 $6,804 every year, while hoping to spend $40,491 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: 70/15/15 Blend
43$1,380,000$1,380,000$1,380,000$1,380,000
44$1,527,778$1,454,638$1,433,248$1,629,017
45$1,640,530$1,482,833$1,438,180$1,725,391
46$1,763,424$1,511,053$1,441,920$1,825,326
47$1,897,455$1,539,256$1,444,385$1,933,654
48$2,043,712$1,567,396$1,445,489$2,051,197
49$2,203,398$1,595,426$1,445,141$2,178,861
50$2,377,836$1,623,294$1,443,244$2,317,642
51$2,568,482$1,650,941$1,439,699$2,468,640
52$2,776,939$1,678,310$1,434,401$2,633,065
53$3,004,973$1,705,332$1,427,239$2,812,254
54$3,254,527$1,731,940$1,418,099$3,007,675
55$3,527,741$1,758,058$1,406,857$3,220,949
56$3,826,972$1,783,605$1,393,389$3,453,863
57$4,154,817$1,808,494$1,377,561$3,708,385
58$4,514,132$1,832,635$1,359,233$3,986,683
59$4,908,067$1,855,927$1,338,261$4,291,148
60$5,340,088$1,878,266$1,314,491$4,624,415
61$5,814,014$1,899,538$1,287,763$4,989,386
62$6,334,052$1,919,624$1,257,912$5,389,263
63$6,904,834$1,938,394$1,224,761$5,827,571
64$7,531,464$1,955,713$1,188,127$6,308,199
65$8,219,565$1,971,434$1,147,821$6,835,429
66$8,975,328$1,985,401$1,103,640$7,413,985
67$9,805,576$1,997,451$1,055,377$8,049,071
68$10,717,824$2,007,405$1,002,811$8,746,421
69$11,720,353$2,015,079$945,716$9,512,360
70$12,822,282$2,020,271$883,851$10,353,854
71$14,033,662$2,022,771$816,966$11,278,583
72$15,365,562$2,022,354$744,802$12,295,013
73$16,830,181$2,018,781$667,085$13,412,473
74$18,440,958$2,011,799$583,530$14,641,245
75$20,212,698$2,001,139$493,840$15,992,663
76$22,161,714$1,986,516$397,705$17,479,218
77$24,305,980$1,967,627$294,799$19,114,677
78$26,665,300$1,944,151$184,786$20,914,215
79$29,261,495$1,915,748$67,310$22,894,555
80$32,118,606$1,882,058$0$25,074,130
81$35,263,123$1,842,699$0$27,482,547
82$38,724,237$1,797,267$0$30,145,006
83$42,534,110$1,745,333$0$33,075,465
84$46,728,179$1,686,445$0$36,301,190
85$51,345,495$1,620,122$0$39,852,227
86$56,429,084$1,545,856$0$43,761,688
87$62,026,359$1,463,112$0$48,066,062
88$68,189,565$1,371,321$0$52,805,559
89$74,976,267$1,269,883$0$58,024,493
90$82,449,901$1,158,162$0$63,771,697
91$90,680,366$1,035,487$0$70,100,985
92$99,744,687$901,150$0$77,071,661
93$109,727,739$754,400$0$84,749,081
94$120,723,049$594,446$0$93,205,265
95$132,833,677$420,451$0$102,519,584
96$146,173,191$231,532$0$112,779,503
97$160,866,736$26,756$0$124,081,411
98$177,052,214$0$0$136,531,532
99$194,881,588$0$0$150,279,091
100$214,522,316$0$0$165,428,292