Can I retire at age 44 with 1,430,000?

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 $1,430,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.6%
1 years$118,088$117,036$116,010$115,008$114,030$110,959
2 years$58,459$57,371$56,316$55,292$54,300$51,227
3 years$38,586$37,492$36,440$35,426$34,450$31,473
4 years$28,651$27,561$26,519$25,523$24,570$21,711
5 years$22,692$21,608$20,580$19,604$18,678$15,944
6 years$18,720$17,645$16,631$15,677$14,779$12,174
7 years$15,884$14,818$13,821$12,889$12,019$9,543
8 years$13,758$12,702$11,721$10,812$9,971$7,622
9 years$12,106$11,059$10,095$9,210$8,397$6,173
10 years$10,785$9,748$8,801$7,939$7,155$5,053
11 years$9,704$8,678$7,749$6,909$6,153$4,171
12 years$8,805$7,789$6,877$6,060$5,332$3,465
13 years$8,044$7,039$6,144$5,350$4,650$2,895
14 years$7,393$6,398$5,520$4,749$4,076$2,428
15 years$6,828$5,845$4,984$4,236$3,589$2,044
16 years$6,335$5,363$4,519$3,793$3,172$1,726
17 years$5,901$4,939$4,112$3,408$2,812$1,461
18 years$5,515$4,564$3,754$3,071$2,501$1,239
19 years$5,170$4,230$3,436$2,775$2,229$1,052
20 years$4,860$3,930$3,154$2,513$1,991$895
21 years$4,580$3,661$2,901$2,281$1,782$762
22 years$4,326$3,417$2,674$2,074$1,597$650
23 years$4,094$3,196$2,469$1,889$1,434$555
24 years$3,882$2,995$2,283$1,723$1,289$474
25 years$3,687$2,810$2,114$1,573$1,159$405
26 years$3,507$2,641$1,961$1,438$1,044$346
27 years$3,341$2,486$1,821$1,317$942$296
28 years$3,187$2,342$1,693$1,206$850$253
29 years$3,044$2,210$1,575$1,106$767$217
30 years$2,911$2,087$1,467$1,015$693$186
31 years$2,786$1,973$1,368$932$627$159
32 years$2,670$1,867$1,276$857$567$136
33 years$2,561$1,768$1,192$788$513$117
34 years$2,458$1,675$1,114$725$465$100
35 years$2,362$1,589$1,041$667$421$86
36 years$2,271$1,508$974$615$381$73
37 years$2,185$1,432$912$566$346$63
38 years$2,104$1,361$854$522$313$54
39 years$2,028$1,295$800$481$284$46
40 years$1,955$1,232$750$444$258$40
41 years$1,886$1,172$703$410$234$34
42 years$1,821$1,117$659$378$212$29
43 years$1,758$1,064$619$349$192$25
44 years$1,699$1,014$581$322$175$21
45 years$1,643$967$545$298$159$18
46 years$1,589$922$512$275$144$16
47 years$1,537$880$481$254$131$14
48 years$1,488$840$452$235$119$12
49 years$1,441$803$425$217$108$10
50 years$1,396$767$400$200$98$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,430,000, adding $6,670 every year, while hoping to spend $44,678 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: 48/29/23 Blend
43$1,430,000$1,430,000$1,430,000$1,430,000
44$1,582,740$1,506,950$1,484,785$1,648,089
45$1,696,643$1,533,254$1,486,988$1,720,721
46$1,820,666$1,559,349$1,487,768$1,794,554
47$1,955,794$1,585,178$1,487,029$1,873,823
48$2,103,113$1,610,679$1,484,672$1,959,059
49$2,263,815$1,635,787$1,480,593$2,050,849
50$2,439,213$1,660,429$1,474,682$2,149,839
51$2,630,754$1,684,531$1,466,824$2,256,744
52$2,840,027$1,708,010$1,456,900$2,372,353
53$3,068,786$1,730,778$1,444,782$2,497,535
54$3,318,960$1,752,744$1,430,340$2,633,252
55$3,592,671$1,773,806$1,413,434$2,780,564
56$3,892,260$1,793,858$1,393,920$2,940,640
57$4,220,300$1,812,787$1,371,646$3,114,773
58$4,579,627$1,830,470$1,346,453$3,304,388
59$4,973,365$1,846,779$1,318,175$3,511,058
60$5,404,953$1,861,576$1,286,638$3,736,519
61$5,878,178$1,874,713$1,251,661$3,982,687
62$6,397,213$1,886,035$1,213,052$4,251,677
63$6,966,652$1,895,374$1,170,612$4,545,820
64$7,591,557$1,902,554$1,124,134$4,867,692
65$8,277,503$1,907,386$1,073,400$5,220,131
66$9,030,631$1,909,671$1,018,182$5,606,273
67$9,857,706$1,909,195$958,242$6,029,573
68$10,766,180$1,905,734$893,331$6,493,847
69$11,764,263$1,899,047$823,190$7,003,302
70$12,860,998$1,888,881$747,547$7,562,581
71$14,066,349$1,874,965$666,119$8,176,805
72$15,391,291$1,857,013$578,608$8,851,621
73$16,847,918$1,834,722$484,707$9,593,262
74$18,449,553$1,807,770$384,092$10,408,600
75$20,210,873$1,775,817$276,425$11,305,215
76$22,148,052$1,738,502$161,355$12,291,470
77$24,278,906$1,695,441$38,513$13,376,584
78$26,623,067$1,646,231$0$14,570,730
79$29,202,166$1,590,442$0$15,907,842
80$32,040,035$1,527,622$0$17,389,133
81$35,162,933$1,457,289$0$19,018,885
82$38,599,792$1,378,937$0$20,812,248
83$42,382,495$1,292,028$0$22,785,921
84$46,546,166$1,195,995$0$24,958,311
85$51,129,513$1,090,237$0$27,349,708
86$56,175,184$974,119$0$29,982,478
87$61,730,173$846,971$0$32,881,274
88$67,846,262$708,084$0$36,073,271
89$74,580,510$556,709$0$39,588,421
90$81,995,790$392,055$0$43,459,740
91$90,161,382$213,288$0$47,723,621
92$99,153,629$19,525$0$52,420,174
93$109,056,652$0$0$57,593,614
94$119,963,148$0$0$63,353,358
95$131,975,263$0$0$69,704,062
96$145,205,553$0$0$76,699,031
97$159,778,050$0$0$84,403,869
98$175,829,430$0$0$92,890,868
99$193,510,302$0$0$102,239,693
100$212,986,631$0$0$112,538,127