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%17.6%
1 years$118,088$117,036$116,010$115,008$114,030$110,513
2 years$58,459$57,371$56,316$55,292$54,300$50,787
3 years$38,586$37,492$36,440$35,426$34,450$31,052
4 years$28,651$27,561$26,519$25,523$24,570$21,312
5 years$22,692$21,608$20,580$19,604$18,678$15,570
6 years$18,720$17,645$16,631$15,677$14,779$11,823
7 years$15,884$14,818$13,821$12,889$12,019$9,215
8 years$13,758$12,702$11,721$10,812$9,971$7,317
9 years$12,106$11,059$10,095$9,210$8,397$5,891
10 years$10,785$9,748$8,801$7,939$7,155$4,792
11 years$9,704$8,678$7,749$6,909$6,153$3,930
12 years$8,805$7,789$6,877$6,060$5,332$3,244
13 years$8,044$7,039$6,144$5,350$4,650$2,691
14 years$7,393$6,398$5,520$4,749$4,076$2,242
15 years$6,828$5,845$4,984$4,236$3,589$1,874
16 years$6,335$5,363$4,519$3,793$3,172$1,571
17 years$5,901$4,939$4,112$3,408$2,812$1,320
18 years$5,515$4,564$3,754$3,071$2,501$1,111
19 years$5,170$4,230$3,436$2,775$2,229$937
20 years$4,860$3,930$3,154$2,513$1,991$791
21 years$4,580$3,661$2,901$2,281$1,782$668
22 years$4,326$3,417$2,674$2,074$1,597$565
23 years$4,094$3,196$2,469$1,889$1,434$479
24 years$3,882$2,995$2,283$1,723$1,289$406
25 years$3,687$2,810$2,114$1,573$1,159$344
26 years$3,507$2,641$1,961$1,438$1,044$292
27 years$3,341$2,486$1,821$1,317$942$247
28 years$3,187$2,342$1,693$1,206$850$210
29 years$3,044$2,210$1,575$1,106$767$178
30 years$2,911$2,087$1,467$1,015$693$151
31 years$2,786$1,973$1,368$932$627$129
32 years$2,670$1,867$1,276$857$567$109
33 years$2,561$1,768$1,192$788$513$93
34 years$2,458$1,675$1,114$725$465$79
35 years$2,362$1,589$1,041$667$421$67
36 years$2,271$1,508$974$615$381$57
37 years$2,185$1,432$912$566$346$48
38 years$2,104$1,361$854$522$313$41
39 years$2,028$1,295$800$481$284$35
40 years$1,955$1,232$750$444$258$30
41 years$1,886$1,172$703$410$234$25
42 years$1,821$1,117$659$378$212$21
43 years$1,758$1,064$619$349$192$18
44 years$1,699$1,014$581$322$175$16
45 years$1,643$967$545$298$159$13
46 years$1,589$922$512$275$144$11
47 years$1,537$880$481$254$131$10
48 years$1,488$840$452$235$119$8
49 years$1,441$803$425$217$108$7
50 years$1,396$767$400$200$98$6

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 $3,142 every year, while hoping to spend $50,344 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: 62/27/11 Blend
43$1,430,000$1,430,000$1,430,000$1,430,000
44$1,579,101$1,503,311$1,481,146$1,672,812
45$1,686,604$1,523,408$1,477,199$1,756,059
46$1,803,384$1,542,802$1,471,432$1,840,821
47$1,930,336$1,561,405$1,463,732$1,932,092
48$2,068,442$1,579,126$1,453,978$2,030,505
49$2,218,782$1,595,862$1,442,046$2,136,756
50$2,382,547$1,611,509$1,427,803$2,251,613
51$2,561,046$1,625,952$1,411,114$2,375,921
52$2,755,719$1,639,070$1,391,832$2,510,616
53$2,968,153$1,650,734$1,369,809$2,656,727
54$3,200,092$1,660,808$1,344,885$2,815,391
55$3,453,458$1,669,144$1,316,896$2,987,859
56$3,730,367$1,675,589$1,285,668$3,175,513
57$4,033,147$1,679,975$1,251,021$3,379,879
58$4,364,363$1,682,129$1,212,765$3,602,636
59$4,726,838$1,681,863$1,170,702$3,845,638
60$5,123,680$1,678,979$1,124,625$4,110,930
61$5,558,313$1,673,267$1,074,318$4,400,767
62$6,034,508$1,664,503$1,019,554$4,717,637
63$6,556,415$1,652,452$960,097$5,064,281
64$7,128,609$1,636,861$895,699$5,443,726
65$7,756,124$1,617,465$826,103$5,859,308
66$8,444,509$1,593,980$751,037$6,314,706
67$9,199,872$1,566,109$670,220$6,813,978
68$10,028,944$1,533,534$583,358$7,361,600
69$10,939,138$1,495,919$490,142$7,962,506
70$11,938,621$1,452,909$390,252$8,622,139
71$13,036,386$1,404,127$283,352$9,346,501
72$14,242,345$1,349,177$169,091$10,142,209
73$15,567,413$1,287,635$47,105$11,016,563
74$17,023,617$1,219,057$0$11,977,609
75$18,624,206$1,142,971$0$13,043,972
76$20,383,776$1,058,879$0$14,222,220
77$22,318,410$966,252$0$15,517,657
78$24,445,825$864,535$0$16,942,230
79$26,785,540$753,139$0$18,509,109
80$29,359,063$631,440$0$20,232,811
81$32,190,089$498,783$0$22,129,341
82$35,304,727$354,472$0$24,216,340
83$38,731,742$197,773$0$26,513,254
84$42,502,829$27,914$0$29,041,519
85$46,652,912$0$0$31,824,763
86$51,220,468$0$0$34,935,359
87$56,247,898$0$0$38,368,394
88$61,781,919$0$0$42,147,492
89$67,874,006$0$0$46,307,821
90$74,580,882$0$0$50,888,135
91$81,965,047$0$0$55,931,134
92$90,095,369$0$0$61,483,870
93$99,047,736$0$0$67,598,189
94$108,905,767$0$0$74,331,221
95$119,761,605$0$0$81,745,921
96$131,716,783$0$0$89,911,657
97$144,883,183$0$0$98,904,869
98$159,384,092$0$0$108,809,789
99$175,355,363$0$0$119,719,234
100$192,946,697$0$0$131,735,484