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

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 $1,460,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$120,565$119,492$118,444$117,421$116,422$111,892
2 years$59,686$58,574$57,497$56,452$55,439$50,929
3 years$39,395$38,279$37,204$36,170$35,173$30,826
4 years$29,252$28,139$27,075$26,058$25,086$20,934
5 years$23,168$22,061$21,011$20,015$19,070$15,125
6 years$19,113$18,015$16,980$16,006$15,089$11,354
7 years$16,217$15,129$14,111$13,160$12,272$8,744
8 years$14,047$12,968$11,967$11,039$10,180$6,857
9 years$12,360$11,291$10,307$9,403$8,573$5,450
10 years$11,011$9,953$8,986$8,106$7,305$4,375
11 years$9,908$8,860$7,911$7,054$6,283$3,539
12 years$8,989$7,952$7,021$6,188$5,444$2,881
13 years$8,213$7,187$6,273$5,463$4,748$2,356
14 years$7,548$6,532$5,636$4,849$4,162$1,934
15 years$6,972$5,968$5,089$4,325$3,664$1,593
16 years$6,468$5,475$4,614$3,872$3,238$1,315
17 years$6,025$5,042$4,198$3,479$2,871$1,088
18 years$5,631$4,659$3,832$3,135$2,553$902
19 years$5,279$4,318$3,508$2,833$2,276$748
20 years$4,962$4,013$3,220$2,566$2,033$622
21 years$4,676$3,738$2,962$2,329$1,819$517
22 years$4,416$3,489$2,730$2,117$1,631$430
23 years$4,180$3,263$2,520$1,928$1,464$358
24 years$3,963$3,057$2,331$1,759$1,316$298
25 years$3,764$2,869$2,159$1,606$1,184$249
26 years$3,581$2,697$2,002$1,469$1,066$207
27 years$3,411$2,538$1,859$1,344$961$173
28 years$3,254$2,391$1,728$1,232$867$144
29 years$3,108$2,256$1,608$1,129$783$120
30 years$2,972$2,131$1,498$1,037$708$101
31 years$2,845$2,014$1,397$952$640$84
32 years$2,726$1,906$1,303$875$579$70
33 years$2,615$1,805$1,217$805$524$59
34 years$2,510$1,710$1,137$740$474$49
35 years$2,412$1,622$1,063$681$430$41
36 years$2,319$1,540$994$628$389$34
37 years$2,231$1,463$931$578$353$28
38 years$2,149$1,390$872$533$320$24
39 years$2,070$1,322$817$491$290$20
40 years$1,996$1,257$765$453$263$17
41 years$1,926$1,197$718$418$239$14
42 years$1,859$1,140$673$386$217$12
43 years$1,795$1,086$632$356$197$10
44 years$1,735$1,035$593$329$178$8
45 years$1,677$987$557$304$162$7
46 years$1,622$942$523$281$147$6
47 years$1,570$899$491$259$134$5
48 years$1,519$858$462$240$121$4
49 years$1,471$819$434$221$110$3
50 years$1,425$783$408$205$100$3

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 $2,249 every year, while hoping to spend $36,333 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: 45/43/12 Blend
43$1,460,000$1,460,000$1,460,000$1,460,000
44$1,611,240$1,533,860$1,511,230$1,678,150
45$1,736,928$1,570,361$1,523,198$1,761,337
46$1,874,219$1,607,433$1,534,349$1,847,611
47$2,024,258$1,645,065$1,544,618$1,940,352
48$2,188,305$1,683,246$1,553,935$2,040,173
49$2,367,748$1,721,961$1,562,228$2,147,745
50$2,564,115$1,761,195$1,569,420$2,263,811
51$2,779,091$1,800,929$1,575,432$2,389,187
52$3,014,527$1,841,143$1,580,177$2,524,771
53$3,272,464$1,881,815$1,583,569$2,671,556
54$3,555,150$1,922,918$1,585,513$2,830,633
55$3,865,061$1,964,427$1,585,913$3,003,205
56$4,204,922$2,006,308$1,584,666$3,190,597
57$4,577,736$2,048,529$1,581,665$3,394,269
58$4,986,810$2,091,053$1,576,795$3,615,831
59$5,435,787$2,133,837$1,569,941$3,857,057
60$5,928,681$2,176,838$1,560,977$4,119,901
61$6,469,910$2,220,007$1,549,773$4,406,517
62$7,064,344$2,263,291$1,536,194$4,719,279
63$7,717,348$2,306,633$1,520,097$5,060,804
64$8,434,830$2,349,970$1,501,333$5,433,976
65$9,223,300$2,393,236$1,479,745$5,841,972
66$10,089,930$2,436,357$1,455,170$6,288,298
67$11,042,620$2,479,256$1,427,435$6,776,813
68$12,090,075$2,521,848$1,396,362$7,311,776
69$13,241,886$2,564,042$1,361,764$7,897,876
70$14,508,618$2,605,739$1,323,442$8,540,287
71$15,901,913$2,646,836$1,281,193$9,244,707
72$17,434,596$2,687,219$1,234,801$10,017,420
73$19,120,799$2,726,768$1,184,042$10,865,353
74$20,976,094$2,765,352$1,128,680$11,796,137
75$23,017,635$2,802,834$1,068,471$12,818,190
76$25,264,326$2,839,065$1,003,156$13,940,785
77$27,736,994$2,873,886$932,469$15,174,148
78$30,458,589$2,907,128$856,129$16,529,547
79$33,454,398$2,938,611$773,842$18,019,405
80$36,752,285$2,968,140$685,303$19,657,414
81$40,382,950$2,995,511$590,193$21,458,667
82$44,380,223$3,020,504$488,177$23,439,801
83$48,781,383$3,042,885$378,908$25,619,152
84$53,627,503$3,062,406$262,021$28,016,933
85$58,963,846$3,078,802$137,136$30,655,423
86$64,840,286$3,091,790$3,858$33,559,178
87$71,311,779$3,101,072$0$36,755,265
88$78,438,885$3,106,329$0$40,291,236
89$86,288,335$3,107,223$0$44,183,936
90$94,933,663$3,103,394$0$48,469,174
91$104,455,897$3,094,461$0$53,186,960
92$114,944,327$3,080,019$0$58,381,389
93$126,497,346$3,059,638$0$64,101,061
94$139,223,378$3,032,862$0$70,399,535
95$153,241,898$2,999,208$0$77,335,844
96$168,684,566$2,958,163$0$84,975,045
97$185,696,464$2,909,186$0$93,388,839
98$204,437,467$2,851,699$0$102,656,248
99$225,083,751$2,785,095$0$112,864,363
100$247,829,456$2,708,728$0$124,109,166