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%14.7%
1 years$120,565$119,492$118,444$117,421$116,422$114,165
2 years$59,686$58,574$57,497$56,452$55,439$53,174
3 years$39,395$38,279$37,204$36,170$35,173$32,971
4 years$29,252$28,139$27,075$26,058$25,086$22,963
5 years$23,168$22,061$21,011$20,015$19,070$17,033
6 years$19,113$18,015$16,980$16,006$15,089$13,141
7 years$16,217$15,129$14,111$13,160$12,272$10,412
8 years$14,047$12,968$11,967$11,039$10,180$8,409
9 years$12,360$11,291$10,307$9,403$8,573$6,889
10 years$11,011$9,953$8,986$8,106$7,305$5,706
11 years$9,908$8,860$7,911$7,054$6,283$4,767
12 years$8,989$7,952$7,021$6,188$5,444$4,010
13 years$8,213$7,187$6,273$5,463$4,748$3,392
14 years$7,548$6,532$5,636$4,849$4,162$2,883
15 years$6,972$5,968$5,089$4,325$3,664$2,459
16 years$6,468$5,475$4,614$3,872$3,238$2,104
17 years$6,025$5,042$4,198$3,479$2,871$1,806
18 years$5,631$4,659$3,832$3,135$2,553$1,553
19 years$5,279$4,318$3,508$2,833$2,276$1,338
20 years$4,962$4,013$3,220$2,566$2,033$1,155
21 years$4,676$3,738$2,962$2,329$1,819$998
22 years$4,416$3,489$2,730$2,117$1,631$863
23 years$4,180$3,263$2,520$1,928$1,464$748
24 years$3,963$3,057$2,331$1,759$1,316$648
25 years$3,764$2,869$2,159$1,606$1,184$562
26 years$3,581$2,697$2,002$1,469$1,066$488
27 years$3,411$2,538$1,859$1,344$961$424
28 years$3,254$2,391$1,728$1,232$867$369
29 years$3,108$2,256$1,608$1,129$783$320
30 years$2,972$2,131$1,498$1,037$708$279
31 years$2,845$2,014$1,397$952$640$242
32 years$2,726$1,906$1,303$875$579$211
33 years$2,615$1,805$1,217$805$524$184
34 years$2,510$1,710$1,137$740$474$160
35 years$2,412$1,622$1,063$681$430$139
36 years$2,319$1,540$994$628$389$121
37 years$2,231$1,463$931$578$353$106
38 years$2,149$1,390$872$533$320$92
39 years$2,070$1,322$817$491$290$80
40 years$1,996$1,257$765$453$263$70
41 years$1,926$1,197$718$418$239$61
42 years$1,859$1,140$673$386$217$53
43 years$1,795$1,086$632$356$197$46
44 years$1,735$1,035$593$329$178$40
45 years$1,677$987$557$304$162$35
46 years$1,622$942$523$281$147$31
47 years$1,570$899$491$259$134$27
48 years$1,519$858$462$240$121$23
49 years$1,471$819$434$221$110$20
50 years$1,425$783$408$205$100$18

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 $5,114 every year, while hoping to spend $20,773 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: 68/25/7 Blend
43$1,460,000$1,460,000$1,460,000$1,460,000
44$1,614,195$1,536,815$1,514,185$1,721,744
45$1,756,741$1,590,017$1,542,808$1,846,883
46$1,913,130$1,645,129$1,571,694$1,980,676
47$2,084,752$1,702,224$1,600,829$2,126,424
48$2,273,140$1,761,375$1,630,199$2,285,294
49$2,479,978$1,822,661$1,659,789$2,458,567
50$2,707,126$1,886,162$1,689,582$2,647,658
51$2,956,630$1,951,961$1,719,560$2,854,119
52$3,230,745$2,020,145$1,749,704$3,079,662
53$3,531,955$2,090,806$1,779,993$3,326,171
54$3,862,995$2,164,037$1,810,404$3,595,720
55$4,226,882$2,239,936$1,840,913$3,890,591
56$4,626,935$2,318,604$1,871,496$4,213,298
57$5,066,815$2,400,148$1,902,123$4,566,609
58$5,550,552$2,484,677$1,932,766$4,953,572
59$6,082,589$2,572,307$1,963,394$5,377,542
60$6,667,818$2,663,155$1,993,973$5,842,218
61$7,311,633$2,757,346$2,024,468$6,351,667
62$8,019,972$2,855,010$2,054,841$6,910,374
63$8,799,383$2,956,279$2,085,052$7,523,276
64$9,657,077$3,061,293$2,115,058$8,195,810
65$10,601,001$3,170,198$2,144,814$8,933,967
66$11,639,910$3,283,145$2,174,273$9,744,345
67$12,783,453$3,400,291$2,203,383$10,634,210
68$14,042,259$3,521,800$2,232,090$11,611,567
69$15,428,044$3,647,842$2,260,339$12,685,236
70$16,953,712$3,778,594$2,288,068$13,864,929
71$18,633,487$3,914,242$2,315,215$15,161,350
72$20,483,040$4,054,976$2,341,712$16,586,286
73$22,519,638$4,200,999$2,367,487$18,152,726
74$24,762,310$4,352,517$2,392,468$19,874,977
75$27,232,024$4,509,748$2,416,573$21,768,803
76$29,951,883$4,672,918$2,439,721$23,851,571
77$32,947,347$4,842,263$2,461,823$26,142,414
78$36,246,469$5,018,027$2,482,787$28,662,413
79$39,880,165$5,200,466$2,502,517$31,434,794
80$43,882,499$5,389,847$2,520,908$34,485,146
81$48,291,010$5,586,445$2,537,855$37,841,665
82$53,147,062$5,790,550$2,553,242$41,535,415
83$58,496,239$6,002,463$2,566,952$45,600,624
84$64,388,769$6,222,498$2,578,859$50,075,006
85$70,880,004$6,450,980$2,588,831$55,000,114
86$78,030,937$6,688,251$2,596,729$60,421,735
87$85,908,782$6,934,665$2,602,409$66,390,319
88$94,587,606$7,190,592$2,605,718$72,961,454
89$104,149,029$7,456,418$2,606,496$80,196,392
90$114,682,991$7,732,544$2,604,575$88,162,626
91$126,288,606$8,019,388$2,599,779$96,934,524
92$139,075,095$8,317,389$2,591,922$106,594,032
93$153,162,814$8,627,001$2,580,812$117,231,449
94$168,684,396$8,948,699$2,566,243$128,946,272
95$185,785,997$9,282,978$2,548,005$141,848,140
96$204,628,678$9,630,353$2,525,873$156,057,865
97$225,389,927$9,991,365$2,499,614$171,708,575
98$248,265,331$10,366,573$2,468,982$188,946,963
99$273,470,424$10,756,564$2,433,722$207,934,678
100$301,242,720$11,161,948$2,393,564$228,849,844