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%11.2%
1 years$118,088$117,036$116,010$115,008$114,030$113,454
2 years$58,459$57,371$56,316$55,292$54,300$53,719
3 years$38,586$37,492$36,440$35,426$34,450$33,882
4 years$28,651$27,561$26,519$25,523$24,570$24,019
5 years$22,692$21,608$20,580$19,604$18,678$18,145
6 years$18,720$17,645$16,631$15,677$14,779$14,266
7 years$15,884$14,818$13,821$12,889$12,019$11,526
8 years$13,758$12,702$11,721$10,812$9,971$9,497
9 years$12,106$11,059$10,095$9,210$8,397$7,943
10 years$10,785$9,748$8,801$7,939$7,155$6,720
11 years$9,704$8,678$7,749$6,909$6,153$5,737
12 years$8,805$7,789$6,877$6,060$5,332$4,935
13 years$8,044$7,039$6,144$5,350$4,650$4,271
14 years$7,393$6,398$5,520$4,749$4,076$3,715
15 years$6,828$5,845$4,984$4,236$3,589$3,245
16 years$6,335$5,363$4,519$3,793$3,172$2,845
17 years$5,901$4,939$4,112$3,408$2,812$2,502
18 years$5,515$4,564$3,754$3,071$2,501$2,206
19 years$5,170$4,230$3,436$2,775$2,229$1,950
20 years$4,860$3,930$3,154$2,513$1,991$1,727
21 years$4,580$3,661$2,901$2,281$1,782$1,532
22 years$4,326$3,417$2,674$2,074$1,597$1,361
23 years$4,094$3,196$2,469$1,889$1,434$1,211
24 years$3,882$2,995$2,283$1,723$1,289$1,079
25 years$3,687$2,810$2,114$1,573$1,159$962
26 years$3,507$2,641$1,961$1,438$1,044$858
27 years$3,341$2,486$1,821$1,317$942$767
28 years$3,187$2,342$1,693$1,206$850$685
29 years$3,044$2,210$1,575$1,106$767$613
30 years$2,911$2,087$1,467$1,015$693$549
31 years$2,786$1,973$1,368$932$627$491
32 years$2,670$1,867$1,276$857$567$440
33 years$2,561$1,768$1,192$788$513$394
34 years$2,458$1,675$1,114$725$465$354
35 years$2,362$1,589$1,041$667$421$317
36 years$2,271$1,508$974$615$381$284
37 years$2,185$1,432$912$566$346$255
38 years$2,104$1,361$854$522$313$229
39 years$2,028$1,295$800$481$284$206
40 years$1,955$1,232$750$444$258$185
41 years$1,886$1,172$703$410$234$166
42 years$1,821$1,117$659$378$212$149
43 years$1,758$1,064$619$349$192$134
44 years$1,699$1,014$581$322$175$120
45 years$1,643$967$545$298$159$108
46 years$1,589$922$512$275$144$97
47 years$1,537$880$481$254$131$87
48 years$1,488$840$452$235$119$78
49 years$1,441$803$425$217$108$70
50 years$1,396$767$400$200$98$63

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 $3,769 every year, while hoping to spend $32,334 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: 52/37/11 Blend
43$1,430,000$1,430,000$1,430,000$1,430,000
44$1,579,748$1,503,958$1,481,793$1,657,156
45$1,706,479$1,543,249$1,497,030$1,749,627
46$1,845,053$1,583,381$1,511,693$1,846,360
47$1,996,644$1,624,362$1,525,730$1,950,813
48$2,162,544$1,666,198$1,539,085$2,063,723
49$2,344,176$1,708,895$1,551,697$2,185,900
50$2,543,108$1,752,456$1,563,505$2,318,238
51$2,761,066$1,796,887$1,574,443$2,461,719
52$2,999,950$1,842,190$1,584,442$2,617,427
53$3,261,853$1,888,366$1,593,430$2,786,554
54$3,549,082$1,935,416$1,601,329$2,970,411
55$3,864,176$1,983,339$1,608,061$3,170,445
56$4,209,931$2,032,132$1,613,541$3,388,248
57$4,589,430$2,081,792$1,617,680$3,625,575
58$5,006,065$2,132,313$1,620,385$3,884,357
59$5,463,574$2,183,687$1,621,559$4,166,723
60$5,966,077$2,235,906$1,621,100$4,475,018
61$6,518,109$2,288,958$1,618,899$4,811,825
62$7,124,669$2,342,829$1,614,845$5,179,989
63$7,791,262$2,397,505$1,608,818$5,582,647
64$8,523,953$2,452,965$1,600,696$6,023,253
65$9,329,426$2,509,189$1,590,349$6,505,613
66$10,215,041$2,566,154$1,577,640$7,033,922
67$11,188,911$2,623,831$1,562,426$7,612,800
68$12,259,971$2,682,190$1,544,559$8,247,341
69$13,438,068$2,741,197$1,523,881$8,943,155
70$14,734,049$2,800,814$1,500,230$9,706,425
71$16,159,868$2,860,999$1,473,433$10,543,966
72$17,728,693$2,921,707$1,443,311$11,463,285
73$19,455,034$2,982,885$1,409,677$12,472,656
74$21,354,879$3,044,478$1,372,333$13,581,198
75$23,445,845$3,106,426$1,331,074$14,798,957
76$25,747,342$3,168,661$1,285,686$16,137,008
77$28,280,757$3,231,112$1,235,942$17,607,552
78$31,069,657$3,293,699$1,181,609$19,224,037
79$34,140,008$3,356,337$1,122,439$21,001,282
80$37,520,425$3,418,933$1,058,177$22,955,619
81$41,242,435$3,481,388$988,553$25,105,045
82$45,340,781$3,543,593$913,287$27,469,396
83$49,853,744$3,605,433$832,086$30,070,530
84$54,823,508$3,666,781$744,642$32,932,537
85$60,296,555$3,727,502$650,637$36,081,965
86$66,324,106$3,787,452$549,736$39,548,071
87$72,962,602$3,846,475$441,589$43,363,098
88$80,274,238$3,904,402$325,833$47,562,580
89$88,327,549$3,961,056$202,087$52,185,678
90$97,198,055$4,016,245$69,953$57,275,549
91$106,968,978$4,069,762$0$62,879,755
92$117,732,021$4,121,388$0$69,059,053
93$129,588,240$4,170,888$0$75,872,172
94$142,648,990$4,218,012$0$83,374,608
95$157,036,984$4,262,491$0$91,636,576
96$172,887,444$4,304,040$0$100,735,451
97$190,349,380$4,342,355$0$110,756,506
98$209,586,997$4,377,111$0$121,793,709
99$230,781,244$4,407,963$0$133,950,617
100$254,131,520$4,434,542$0$147,341,350