Can I retire at age 44 with 1,460,000?

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 $1,460,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$120,565$119,492$118,444$117,421$116,422$114,025
2 years$59,686$58,574$57,497$56,452$55,439$53,035
3 years$39,395$38,279$37,204$36,170$35,173$32,837
4 years$29,252$28,139$27,075$26,058$25,086$22,835
5 years$23,168$22,061$21,011$20,015$19,070$16,912
6 years$19,113$18,015$16,980$16,006$15,089$13,026
7 years$16,217$15,129$14,111$13,160$12,272$10,303
8 years$14,047$12,968$11,967$11,039$10,180$8,307
9 years$12,360$11,291$10,307$9,403$8,573$6,793
10 years$11,011$9,953$8,986$8,106$7,305$5,616
11 years$9,908$8,860$7,911$7,054$6,283$4,683
12 years$8,989$7,952$7,021$6,188$5,444$3,932
13 years$8,213$7,187$6,273$5,463$4,748$3,319
14 years$7,548$6,532$5,636$4,849$4,162$2,815
15 years$6,972$5,968$5,089$4,325$3,664$2,396
16 years$6,468$5,475$4,614$3,872$3,238$2,046
17 years$6,025$5,042$4,198$3,479$2,871$1,752
18 years$5,631$4,659$3,832$3,135$2,553$1,504
19 years$5,279$4,318$3,508$2,833$2,276$1,293
20 years$4,962$4,013$3,220$2,566$2,033$1,113
21 years$4,676$3,738$2,962$2,329$1,819$960
22 years$4,416$3,489$2,730$2,117$1,631$828
23 years$4,180$3,263$2,520$1,928$1,464$716
24 years$3,963$3,057$2,331$1,759$1,316$619
25 years$3,764$2,869$2,159$1,606$1,184$536
26 years$3,581$2,697$2,002$1,469$1,066$464
27 years$3,411$2,538$1,859$1,344$961$402
28 years$3,254$2,391$1,728$1,232$867$349
29 years$3,108$2,256$1,608$1,129$783$302
30 years$2,972$2,131$1,498$1,037$708$262
31 years$2,845$2,014$1,397$952$640$228
32 years$2,726$1,906$1,303$875$579$198
33 years$2,615$1,805$1,217$805$524$172
34 years$2,510$1,710$1,137$740$474$149
35 years$2,412$1,622$1,063$681$430$129
36 years$2,319$1,540$994$628$389$112
37 years$2,231$1,463$931$578$353$98
38 years$2,149$1,390$872$533$320$85
39 years$2,070$1,322$817$491$290$74
40 years$1,996$1,257$765$453$263$64
41 years$1,926$1,197$718$418$239$56
42 years$1,859$1,140$673$386$217$48
43 years$1,795$1,086$632$356$197$42
44 years$1,735$1,035$593$329$178$37
45 years$1,677$987$557$304$162$32
46 years$1,622$942$523$281$147$28
47 years$1,570$899$491$259$134$24
48 years$1,519$858$462$240$121$21
49 years$1,471$819$434$221$110$18
50 years$1,425$783$408$205$100$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,460,000, adding $5,068 every year, while hoping to spend $48,031 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: 45/46/9 Blend
43$1,460,000$1,460,000$1,460,000$1,460,000
44$1,614,148$1,536,768$1,514,138$1,682,472
45$1,727,686$1,560,965$1,513,757$1,754,441
46$1,851,196$1,584,738$1,511,753$1,827,090
47$1,985,643$1,608,015$1,508,022$1,904,766
48$2,132,091$1,630,720$1,502,453$1,987,950
49$2,291,709$1,652,771$1,494,931$2,077,171
50$2,465,787$1,674,079$1,485,334$2,173,016
51$2,655,740$1,694,553$1,473,536$2,276,130
52$2,863,130$1,714,090$1,459,404$2,387,227
53$3,089,673$1,732,584$1,442,798$2,507,092
54$3,337,261$1,749,922$1,423,572$2,636,596
55$3,607,975$1,765,981$1,401,575$2,776,698
56$3,904,106$1,780,632$1,376,645$2,928,457
57$4,228,178$1,793,736$1,348,617$3,093,043
58$4,582,970$1,805,147$1,317,313$3,271,746
59$4,971,542$1,814,708$1,282,552$3,465,991
60$5,397,262$1,822,252$1,244,141$3,677,351
61$5,863,843$1,827,603$1,201,880$3,907,562
62$6,375,372$1,830,572$1,155,559$4,158,542
63$6,936,348$1,830,958$1,104,959$4,432,405
64$7,551,731$1,828,551$1,049,850$4,731,487
65$8,226,981$1,823,123$989,994$5,058,364
66$8,968,114$1,814,437$925,139$5,415,881
67$9,781,754$1,802,236$855,023$5,807,177
68$10,675,200$1,786,254$779,374$6,235,716
69$11,656,493$1,766,203$697,906$6,705,321
70$12,734,489$1,741,780$610,319$7,220,210
71$13,918,945$1,712,666$516,303$7,785,038
72$15,220,611$1,678,519$415,532$8,404,941
73$16,651,326$1,638,980$307,666$9,085,586
74$18,224,139$1,593,668$192,351$9,833,227
75$19,953,422$1,542,178$69,215$10,654,761
76$21,855,009$1,484,083$0$11,557,800
77$23,946,348$1,418,931$0$12,556,713
78$26,246,661$1,346,244$0$13,662,270
79$28,777,126$1,265,515$0$14,878,076
80$31,561,077$1,176,210$0$16,215,444
81$34,624,225$1,077,763$0$17,686,852
82$37,994,898$969,575$0$19,306,057
83$41,704,307$851,014$0$21,088,234
84$45,786,846$721,412$0$23,050,114
85$50,280,407$580,064$0$25,210,148
86$55,226,745$426,225$0$27,588,684
87$60,671,869$259,105$0$30,208,155
88$66,666,473$77,875$0$33,093,301
89$73,266,418$0$0$36,271,398
90$80,533,257$0$0$39,832,428
91$88,534,813$0$0$43,797,123
92$97,345,824$0$0$48,163,124
93$107,048,642$0$0$52,971,265
94$117,734,015$0$0$58,266,546
95$129,501,937$0$0$64,098,549
96$142,462,598$0$0$70,521,915
97$156,737,417$0$0$77,596,851
98$172,460,192$0$0$85,389,704
99$189,778,360$0$0$93,973,585
100$208,854,389$0$0$103,429,056