Can I retire at age 44 with 1,450,000?

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 $1,450,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$119,740$118,673$117,632$116,617$115,625$111,879
2 years$59,277$58,173$57,103$56,066$55,060$51,321
3 years$39,125$38,017$36,950$35,922$34,932$31,318
4 years$29,052$27,946$26,890$25,880$24,914$21,452
5 years$23,009$21,910$20,868$19,878$18,939$15,638
6 years$18,982$17,891$16,864$15,897$14,986$11,849
7 years$16,106$15,025$14,014$13,070$12,188$9,215
8 years$13,951$12,879$11,885$10,964$10,111$7,299
9 years$12,275$11,214$10,237$9,339$8,515$5,862
10 years$10,935$9,884$8,925$8,050$7,255$4,756
11 years$9,840$8,799$7,857$7,006$6,239$3,891
12 years$8,928$7,898$6,973$6,145$5,407$3,203
13 years$8,156$7,137$6,230$5,425$4,715$2,650
14 years$7,496$6,488$5,598$4,816$4,133$2,202
15 years$6,924$5,927$5,054$4,295$3,639$1,835
16 years$6,424$5,438$4,582$3,846$3,216$1,534
17 years$5,983$5,008$4,169$3,455$2,852$1,285
18 years$5,592$4,627$3,806$3,114$2,536$1,078
19 years$5,242$4,289$3,484$2,814$2,260$907
20 years$4,928$3,985$3,198$2,548$2,019$763
21 years$4,644$3,712$2,941$2,313$1,807$643
22 years$4,386$3,465$2,711$2,103$1,619$542
23 years$4,151$3,241$2,503$1,915$1,454$458
24 years$3,936$3,036$2,315$1,747$1,307$386
25 years$3,738$2,850$2,144$1,595$1,176$327
26 years$3,556$2,678$1,989$1,459$1,059$276
27 years$3,388$2,520$1,846$1,335$955$233
28 years$3,232$2,375$1,717$1,223$862$197
29 years$3,087$2,241$1,597$1,122$778$167
30 years$2,952$2,116$1,488$1,029$703$141
31 years$2,825$2,000$1,387$945$635$120
32 years$2,707$1,893$1,294$869$575$101
33 years$2,597$1,792$1,208$799$520$86
34 years$2,493$1,699$1,129$735$471$73
35 years$2,395$1,611$1,056$677$427$62
36 years$2,303$1,529$988$623$387$52
37 years$2,216$1,453$924$574$350$44
38 years$2,134$1,380$866$529$318$37
39 years$2,056$1,313$811$488$288$32
40 years$1,982$1,249$760$450$261$27
41 years$1,912$1,189$713$415$237$23
42 years$1,846$1,132$669$383$215$19
43 years$1,783$1,079$627$354$195$16
44 years$1,723$1,028$589$327$177$14
45 years$1,666$981$553$302$161$12
46 years$1,611$935$519$279$146$10
47 years$1,559$893$488$257$133$8
48 years$1,509$852$458$238$120$7
49 years$1,461$814$431$220$109$6
50 years$1,416$777$405$203$99$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,450,000, adding $2,357 every year, while hoping to spend $46,745 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: 73/11/16 Blend
43$1,450,000$1,450,000$1,450,000$1,450,000
44$1,600,331$1,523,481$1,501,006$1,711,196
45$1,713,829$1,548,396$1,501,554$1,809,911
46$1,837,336$1,572,964$1,500,553$1,912,071
47$1,971,825$1,597,120$1,497,902$2,022,749
48$2,118,366$1,620,793$1,493,496$2,142,779
49$2,278,133$1,643,906$1,487,222$2,273,083
50$2,452,424$1,666,379$1,478,965$2,414,671
51$2,642,663$1,688,123$1,468,602$2,568,662
52$2,850,419$1,709,045$1,456,005$2,736,285
53$3,077,419$1,729,046$1,441,038$2,918,897
54$3,325,566$1,748,019$1,423,563$3,117,991
55$3,596,952$1,765,851$1,403,431$3,335,216
56$3,893,883$1,782,420$1,380,489$3,572,386
57$4,218,898$1,797,597$1,354,574$3,831,501
58$4,574,792$1,811,245$1,325,517$4,114,766
59$4,964,641$1,823,217$1,293,143$4,424,613
60$5,391,837$1,833,357$1,257,266$4,763,718
61$5,860,112$1,841,499$1,217,692$5,135,035
62$6,373,578$1,847,467$1,174,219$5,541,817
63$6,936,763$1,851,072$1,126,635$5,987,650
64$7,554,654$1,852,117$1,074,720$6,476,489
65$8,232,747$1,850,388$1,018,240$7,012,689
66$8,977,092$1,845,662$956,956$7,601,053
67$9,794,355$1,837,699$890,614$8,246,875
68$10,691,879$1,826,246$818,949$8,955,990
69$11,677,753$1,811,035$741,687$9,734,827
70$12,760,889$1,791,781$658,538$10,590,477
71$13,951,103$1,768,181$569,202$11,530,750
72$15,259,209$1,739,916$473,364$12,564,259
73$16,697,123$1,706,646$370,696$13,700,495
74$18,277,970$1,668,013$260,856$14,949,921
75$20,016,213$1,623,635$143,484$16,324,066
76$21,927,784$1,573,110$18,208$17,835,641
77$24,030,237$1,516,012$0$19,498,655
78$26,342,915$1,451,890$0$21,348,261
79$28,887,125$1,380,266$0$23,386,363
80$31,686,348$1,300,635$0$25,628,676
81$34,766,452$1,212,463$0$28,095,951
82$38,155,943$1,115,186$0$30,811,052
83$41,886,225$1,008,206$0$33,799,175
84$45,991,906$890,894$0$37,088,086
85$50,511,114$762,581$0$40,708,382
86$55,485,864$622,565$0$44,693,779
87$60,962,452$470,100$0$49,081,434
88$66,991,888$304,400$0$53,912,292
89$73,630,381$124,637$0$59,231,475
90$80,939,868$0$0$65,088,706
91$88,988,597$0$0$71,547,263
92$97,851,772$0$0$78,676,057
93$107,612,260$0$0$86,526,663
94$118,361,376$0$0$95,172,540
95$130,199,741$0$0$104,694,630
96$143,238,232$0$0$115,182,130
97$157,599,029$0$0$126,733,328
98$173,416,769$0$0$139,456,530
99$190,839,812$0$0$153,471,085
100$210,031,642$0$0$168,908,510