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%19.2%
1 years$118,088$117,036$116,010$115,008$114,030$109,810
2 years$58,459$57,371$56,316$55,292$54,300$50,096
3 years$38,586$37,492$36,440$35,426$34,450$30,394
4 years$28,651$27,561$26,519$25,523$24,570$20,693
5 years$22,692$21,608$20,580$19,604$18,678$14,990
6 years$18,720$17,645$16,631$15,677$14,779$11,284
7 years$15,884$14,818$13,821$12,889$12,019$8,715
8 years$13,758$12,702$11,721$10,812$9,971$6,855
9 years$12,106$11,059$10,095$9,210$8,397$5,464
10 years$10,785$9,748$8,801$7,939$7,155$4,401
11 years$9,704$8,678$7,749$6,909$6,153$3,572
12 years$8,805$7,789$6,877$6,060$5,332$2,917
13 years$8,044$7,039$6,144$5,350$4,650$2,394
14 years$7,393$6,398$5,520$4,749$4,076$1,972
15 years$6,828$5,845$4,984$4,236$3,589$1,630
16 years$6,335$5,363$4,519$3,793$3,172$1,350
17 years$5,901$4,939$4,112$3,408$2,812$1,121
18 years$5,515$4,564$3,754$3,071$2,501$933
19 years$5,170$4,230$3,436$2,775$2,229$777
20 years$4,860$3,930$3,154$2,513$1,991$648
21 years$4,580$3,661$2,901$2,281$1,782$541
22 years$4,326$3,417$2,674$2,074$1,597$452
23 years$4,094$3,196$2,469$1,889$1,434$378
24 years$3,882$2,995$2,283$1,723$1,289$316
25 years$3,687$2,810$2,114$1,573$1,159$265
26 years$3,507$2,641$1,961$1,438$1,044$221
27 years$3,341$2,486$1,821$1,317$942$185
28 years$3,187$2,342$1,693$1,206$850$155
29 years$3,044$2,210$1,575$1,106$767$130
30 years$2,911$2,087$1,467$1,015$693$109
31 years$2,786$1,973$1,368$932$627$91
32 years$2,670$1,867$1,276$857$567$77
33 years$2,561$1,768$1,192$788$513$64
34 years$2,458$1,675$1,114$725$465$54
35 years$2,362$1,589$1,041$667$421$45
36 years$2,271$1,508$974$615$381$38
37 years$2,185$1,432$912$566$346$32
38 years$2,104$1,361$854$522$313$27
39 years$2,028$1,295$800$481$284$22
40 years$1,955$1,232$750$444$258$19
41 years$1,886$1,172$703$410$234$16
42 years$1,821$1,117$659$378$212$13
43 years$1,758$1,064$619$349$192$11
44 years$1,699$1,014$581$322$175$9
45 years$1,643$967$545$298$159$8
46 years$1,589$922$512$275$144$7
47 years$1,537$880$481$254$131$5
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$3

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 $3,254 every year, while hoping to spend $54,092 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: 70/13/17 Blend
43$1,430,000$1,430,000$1,430,000$1,430,000
44$1,579,217$1,503,427$1,481,262$1,683,200
45$1,682,743$1,519,541$1,473,330$1,768,948
46$1,795,017$1,534,632$1,463,320$1,856,007
47$1,916,872$1,548,593$1,451,105$1,949,919
48$2,049,227$1,561,308$1,436,552$2,051,357
49$2,193,093$1,572,657$1,419,521$2,161,056
50$2,349,581$1,582,510$1,399,868$2,279,833
51$2,519,914$1,590,728$1,377,439$2,408,585
52$2,705,437$1,597,166$1,352,075$2,548,301
53$2,907,631$1,601,666$1,323,608$2,700,074
54$3,128,125$1,604,064$1,291,865$2,865,107
55$3,368,713$1,604,182$1,256,662$3,044,727
56$3,631,369$1,601,834$1,217,807$3,240,399
57$3,918,265$1,596,821$1,175,100$3,453,737
58$4,231,795$1,588,931$1,128,333$3,686,521
59$4,574,591$1,577,942$1,077,285$3,940,713
60$4,949,555$1,563,616$1,021,729$4,218,479
61$5,359,877$1,545,701$961,425$4,522,204
62$5,809,075$1,523,931$896,123$4,854,522
63$6,301,019$1,498,022$825,562$5,218,333
64$6,839,973$1,467,676$749,468$5,616,839
65$7,430,633$1,432,574$667,558$6,053,569
66$8,078,168$1,392,381$579,532$6,532,412
67$8,788,275$1,346,742$485,080$7,057,661
68$9,567,226$1,295,279$383,877$7,634,044
69$10,421,931$1,237,595$275,585$8,266,779
70$11,359,999$1,173,268$159,848$8,961,616
71$12,389,813$1,101,853$36,297$9,724,898
72$13,520,608$1,022,877$0$10,563,614
73$14,762,555$935,844$0$11,502,806
74$16,126,861$840,226$0$12,541,794
75$17,625,870$735,465$0$13,683,432
76$19,273,180$620,975$0$14,938,130
77$21,083,775$496,133$0$16,317,361
78$23,074,159$360,283$0$17,833,766
79$25,262,517$212,731$0$19,501,279
80$27,668,884$52,745$0$21,335,253
81$30,315,333$0$0$23,352,610
82$33,226,182$0$0$25,589,228
83$36,428,226$0$0$28,057,980
84$39,950,988$0$0$30,774,091
85$43,826,994$0$0$33,762,653
86$48,092,085$0$0$37,051,311
87$52,785,749$0$0$40,670,526
88$57,951,498$0$0$44,653,860
89$63,637,273$0$0$49,038,294
90$69,895,901$0$0$53,864,578
91$76,785,590$0$0$59,177,610
92$84,370,476$0$0$65,026,865
93$92,721,233$0$0$71,466,859
94$101,915,733$0$0$78,557,660
95$112,039,786$0$0$86,365,460
96$123,187,944$0$0$94,963,195
97$135,464,398$0$0$104,431,236
98$148,983,955$0$0$114,858,144
99$163,873,127$0$0$126,341,506
100$180,271,317$0$0$138,988,858