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

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 $1,430,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.8%
1 years$118,088$117,036$116,010$115,008$114,030$109,984
2 years$58,459$57,371$56,316$55,292$54,300$50,267
3 years$38,586$37,492$36,440$35,426$34,450$30,557
4 years$28,651$27,561$26,519$25,523$24,570$20,846
5 years$22,692$21,608$20,580$19,604$18,678$15,133
6 years$18,720$17,645$16,631$15,677$14,779$11,416
7 years$15,884$14,818$13,821$12,889$12,019$8,837
8 years$13,758$12,702$11,721$10,812$9,971$6,968
9 years$12,106$11,059$10,095$9,210$8,397$5,568
10 years$10,785$9,748$8,801$7,939$7,155$4,495
11 years$9,704$8,678$7,749$6,909$6,153$3,658
12 years$8,805$7,789$6,877$6,060$5,332$2,995
13 years$8,044$7,039$6,144$5,350$4,650$2,465
14 years$7,393$6,398$5,520$4,749$4,076$2,036
15 years$6,828$5,845$4,984$4,236$3,589$1,688
16 years$6,335$5,363$4,519$3,793$3,172$1,403
17 years$5,901$4,939$4,112$3,408$2,812$1,168
18 years$5,515$4,564$3,754$3,071$2,501$975
19 years$5,170$4,230$3,436$2,775$2,229$814
20 years$4,860$3,930$3,154$2,513$1,991$681
21 years$4,580$3,661$2,901$2,281$1,782$570
22 years$4,326$3,417$2,674$2,074$1,597$478
23 years$4,094$3,196$2,469$1,889$1,434$401
24 years$3,882$2,995$2,283$1,723$1,289$336
25 years$3,687$2,810$2,114$1,573$1,159$282
26 years$3,507$2,641$1,961$1,438$1,044$237
27 years$3,341$2,486$1,821$1,317$942$199
28 years$3,187$2,342$1,693$1,206$850$168
29 years$3,044$2,210$1,575$1,106$767$141
30 years$2,911$2,087$1,467$1,015$693$118
31 years$2,786$1,973$1,368$932$627$100
32 years$2,670$1,867$1,276$857$567$84
33 years$2,561$1,768$1,192$788$513$70
34 years$2,458$1,675$1,114$725$465$59
35 years$2,362$1,589$1,041$667$421$50
36 years$2,271$1,508$974$615$381$42
37 years$2,185$1,432$912$566$346$35
38 years$2,104$1,361$854$522$313$30
39 years$2,028$1,295$800$481$284$25
40 years$1,955$1,232$750$444$258$21
41 years$1,886$1,172$703$410$234$18
42 years$1,821$1,117$659$378$212$15
43 years$1,758$1,064$619$349$192$13
44 years$1,699$1,014$581$322$175$11
45 years$1,643$967$545$298$159$9
46 years$1,589$922$512$275$144$7
47 years$1,537$880$481$254$131$6
48 years$1,488$840$452$235$119$5
49 years$1,441$803$425$217$108$4
50 years$1,396$767$400$200$98$4

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 $6,080 every year, while hoping to spend $49,563 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: 65/8/27 Blend
43$1,430,000$1,430,000$1,430,000$1,430,000
44$1,582,132$1,506,342$1,484,177$1,673,348
45$1,690,774$1,527,418$1,481,162$1,756,773
46$1,808,837$1,547,865$1,476,385$1,841,857
47$1,937,230$1,567,601$1,469,735$1,933,760
48$2,076,950$1,586,537$1,461,094$2,033,160
49$2,229,099$1,604,578$1,450,341$2,140,803
50$2,394,887$1,621,622$1,437,347$2,257,510
51$2,575,646$1,637,561$1,421,978$2,384,190
52$2,772,840$1,652,280$1,404,093$2,521,844
53$2,988,085$1,665,657$1,383,545$2,671,576
54$3,223,156$1,677,561$1,360,180$2,834,605
55$3,480,008$1,687,851$1,333,836$3,012,275
56$3,760,794$1,696,381$1,304,345$3,206,067
57$4,067,883$1,702,992$1,271,529$3,417,618
58$4,403,886$1,707,517$1,235,203$3,648,731
59$4,771,675$1,709,778$1,195,175$3,901,396
60$5,174,413$1,709,585$1,151,241$4,177,805
61$5,615,586$1,706,737$1,103,191$4,480,380
62$6,099,031$1,701,022$1,050,802$4,811,789
63$6,628,972$1,692,212$993,844$5,174,975
64$7,210,064$1,680,067$932,075$5,573,186
65$7,847,433$1,664,333$865,242$6,010,001
66$8,546,725$1,644,739$793,081$6,489,368
67$9,314,159$1,620,999$715,317$7,015,642
68$10,156,584$1,592,809$631,661$7,593,622
69$11,081,547$1,559,848$541,813$8,228,604
70$12,097,359$1,521,775$445,458$8,926,425
71$13,213,177$1,478,229$342,269$9,693,522
72$14,439,088$1,428,829$231,902$10,536,994
73$15,786,204$1,373,171$113,999$11,464,667
74$17,266,767$1,310,827$0$12,485,169
75$18,894,265$1,241,345$0$13,611,422
76$20,683,555$1,164,246$0$14,885,779
77$22,651,008$1,079,025$0$16,287,046
78$24,814,660$985,146$0$17,828,096
79$27,194,382$882,045$0$19,523,115
80$29,812,067$769,123$0$21,387,734
81$32,691,837$645,750$0$23,439,178
82$35,860,271$511,258$0$25,696,427
83$39,346,652$364,943$0$28,180,397
84$43,183,245$206,060$0$30,914,137
85$47,405,603$33,824$0$33,923,046
86$52,052,898$0$0$37,235,111
87$57,168,293$0$0$40,894,610
88$62,799,347$0$0$44,926,401
89$68,998,465$0$0$49,365,040
90$75,823,391$0$0$54,251,890
91$83,337,752$0$0$59,632,525
92$91,611,660$0$0$65,557,162
93$100,722,371$0$0$72,081,140
94$110,755,013$0$0$79,265,433
95$121,803,392$0$0$87,177,233
96$133,970,874$0$0$95,890,578
97$147,371,360$0$0$105,487,055
98$162,130,363$0$0$116,056,564
99$178,386,188$0$0$127,698,173
100$196,291,242$0$0$140,521,048