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

Use the below retirement simulation to view the chances of a successful retirement.
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%17.7%
1 years$119,740$118,673$117,632$116,617$115,625$112,014
2 years$59,277$58,173$57,103$56,066$55,060$51,453
3 years$39,125$38,017$36,950$35,922$34,932$31,444
4 years$29,052$27,946$26,890$25,880$24,914$21,571
5 years$23,009$21,910$20,868$19,878$18,939$15,750
6 years$18,982$17,891$16,864$15,897$14,986$11,953
7 years$16,106$15,025$14,014$13,070$12,188$9,312
8 years$13,951$12,879$11,885$10,964$10,111$7,389
9 years$12,275$11,214$10,237$9,339$8,515$5,945
10 years$10,935$9,884$8,925$8,050$7,255$4,833
11 years$9,840$8,799$7,857$7,006$6,239$3,961
12 years$8,928$7,898$6,973$6,145$5,407$3,267
13 years$8,156$7,137$6,230$5,425$4,715$2,709
14 years$7,496$6,488$5,598$4,816$4,133$2,255
15 years$6,924$5,927$5,054$4,295$3,639$1,884
16 years$6,424$5,438$4,582$3,846$3,216$1,578
17 years$5,983$5,008$4,169$3,455$2,852$1,325
18 years$5,592$4,627$3,806$3,114$2,536$1,114
19 years$5,242$4,289$3,484$2,814$2,260$939
20 years$4,928$3,985$3,198$2,548$2,019$792
21 years$4,644$3,712$2,941$2,313$1,807$669
22 years$4,386$3,465$2,711$2,103$1,619$565
23 years$4,151$3,241$2,503$1,915$1,454$478
24 years$3,936$3,036$2,315$1,747$1,307$405
25 years$3,738$2,850$2,144$1,595$1,176$343
26 years$3,556$2,678$1,989$1,459$1,059$291
27 years$3,388$2,520$1,846$1,335$955$246
28 years$3,232$2,375$1,717$1,223$862$209
29 years$3,087$2,241$1,597$1,122$778$177
30 years$2,952$2,116$1,488$1,029$703$150
31 years$2,825$2,000$1,387$945$635$128
32 years$2,707$1,893$1,294$869$575$108
33 years$2,597$1,792$1,208$799$520$92
34 years$2,493$1,699$1,129$735$471$78
35 years$2,395$1,611$1,056$677$427$66
36 years$2,303$1,529$988$623$387$56
37 years$2,216$1,453$924$574$350$48
38 years$2,134$1,380$866$529$318$41
39 years$2,056$1,313$811$488$288$34
40 years$1,982$1,249$760$450$261$29
41 years$1,912$1,189$713$415$237$25
42 years$1,846$1,132$669$383$215$21
43 years$1,783$1,079$627$354$195$18
44 years$1,723$1,028$589$327$177$15
45 years$1,666$981$553$302$161$13
46 years$1,611$935$519$279$146$11
47 years$1,559$893$488$257$133$9
48 years$1,509$852$458$238$120$8
49 years$1,461$814$431$220$109$7
50 years$1,416$777$405$203$99$6

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 $3,631 every year, while hoping to spend $24,939 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: 59/31/10 Blend
43$1,450,000$1,450,000$1,450,000$1,450,000
44$1,601,645$1,524,795$1,502,320$1,692,176
45$1,738,478$1,572,975$1,526,113$1,801,652
46$1,888,432$1,622,680$1,549,867$1,917,834
47$2,052,820$1,673,959$1,573,555$2,043,906
48$2,233,085$1,726,861$1,597,147$2,180,823
49$2,430,820$1,781,437$1,620,611$2,329,631
50$2,647,778$1,837,742$1,643,916$2,491,485
51$2,885,889$1,895,829$1,667,025$2,667,655
52$3,147,281$1,955,756$1,689,902$2,859,538
53$3,434,296$2,017,581$1,712,506$3,068,673
54$3,749,516$2,081,364$1,734,797$3,296,752
55$4,095,783$2,147,167$1,756,729$3,545,640
56$4,476,230$2,215,055$1,778,256$3,817,390
57$4,894,307$2,285,094$1,799,329$4,114,261
58$5,353,814$2,357,352$1,819,895$4,438,743
59$5,858,941$2,431,900$1,839,899$4,793,574
60$6,414,300$2,508,810$1,859,283$5,181,772
61$7,024,975$2,588,158$1,877,985$5,606,662
62$7,696,565$2,670,021$1,895,941$6,071,901
63$8,435,242$2,754,479$1,913,082$6,581,522
64$9,247,803$2,841,615$1,929,337$7,139,964
65$10,141,739$2,931,514$1,944,629$7,752,116
66$11,125,302$3,024,263$1,958,880$8,423,366
67$12,207,585$3,119,955$1,972,004$9,159,645
68$13,398,607$3,218,681$1,983,915$9,967,490
69$14,709,408$3,320,539$1,994,519$10,854,099
70$16,152,151$3,425,629$2,003,719$11,827,405
71$17,740,238$3,534,053$2,011,412$12,896,145
72$19,488,439$3,645,918$2,017,490$14,069,943
73$21,413,025$3,761,333$2,021,841$15,359,404
74$23,531,927$3,880,412$2,024,346$16,776,210
75$25,864,902$4,003,271$2,024,881$18,333,233
76$28,433,722$4,130,030$2,023,313$20,044,654
77$31,262,374$4,260,815$2,019,508$21,926,096
78$34,377,295$4,395,753$2,013,319$23,994,774
79$37,807,611$4,534,977$2,004,598$26,269,653
80$41,585,420$4,678,624$1,993,185$28,771,631
81$45,746,091$4,826,835$1,978,914$31,523,732
82$50,328,598$4,979,755$1,961,613$34,551,327
83$55,375,887$5,137,535$1,941,099$37,882,369
84$60,935,283$5,300,330$1,917,182$41,547,659
85$67,058,936$5,468,300$1,889,662$45,581,134
86$73,804,311$5,641,611$1,858,329$50,020,191
87$81,234,734$5,820,433$1,822,966$54,906,034
88$89,419,985$6,004,942$1,783,344$60,284,068
89$98,436,960$6,195,320$1,739,222$66,204,324
90$108,370,395$6,391,756$1,690,351$72,721,930
91$119,313,665$6,594,442$1,636,467$79,897,633
92$131,369,667$6,803,578$1,577,298$87,798,373
93$144,651,791$7,019,371$1,512,555$96,497,910
94$159,284,988$7,242,035$1,441,940$106,077,523
95$175,406,951$7,471,788$1,365,139$116,626,778
96$193,169,413$7,708,859$1,281,824$128,244,368
97$212,739,581$7,953,481$1,191,653$141,039,049
98$234,301,713$8,205,896$1,094,268$155,130,664
99$258,058,857$8,466,355$989,296$170,651,275
100$284,234,769$8,735,114$876,346$187,746,405