Can I retire at age 44 with 1,250,000?

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 $1,250,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.5%
1 years$103,224$102,304$101,407$100,532$99,677$99,049
2 years$51,101$50,149$49,227$48,333$47,465$46,831
3 years$33,729$32,773$31,853$30,967$30,114$29,494
4 years$25,045$24,092$23,181$22,310$21,477$20,877
5 years$19,835$18,888$17,989$17,136$16,327$15,747
6 years$16,364$15,424$14,538$13,704$12,919$12,360
7 years$13,885$12,953$12,081$11,267$10,506$9,970
8 years$12,027$11,103$10,246$9,451$8,716$8,201
9 years$10,582$9,667$8,825$8,051$7,340$6,847
10 years$9,427$8,521$7,694$6,940$6,254$5,782
11 years$8,483$7,586$6,773$6,040$5,379$4,928
12 years$7,696$6,809$6,011$5,298$4,661$4,231
13 years$7,031$6,153$5,371$4,677$4,065$3,654
14 years$6,462$5,593$4,825$4,152$3,563$3,173
15 years$5,969$5,109$4,357$3,703$3,137$2,766
16 years$5,538$4,688$3,950$3,315$2,773$2,420
17 years$5,158$4,317$3,594$2,979$2,458$2,124
18 years$4,821$3,989$3,281$2,684$2,186$1,869
19 years$4,519$3,697$3,004$2,426$1,948$1,648
20 years$4,248$3,436$2,757$2,197$1,740$1,456
21 years$4,004$3,200$2,536$1,994$1,557$1,289
22 years$3,781$2,987$2,337$1,813$1,396$1,143
23 years$3,579$2,794$2,158$1,651$1,253$1,015
24 years$3,393$2,618$1,996$1,506$1,126$902
25 years$3,223$2,457$1,848$1,375$1,014$802
26 years$3,066$2,309$1,714$1,257$913$714
27 years$2,921$2,173$1,592$1,151$823$636
28 years$2,786$2,047$1,480$1,054$743$567
29 years$2,661$1,931$1,377$967$671$506
30 years$2,544$1,824$1,283$887$606$452
31 years$2,436$1,724$1,196$815$548$404
32 years$2,334$1,632$1,116$749$496$361
33 years$2,239$1,545$1,042$689$448$323
34 years$2,149$1,464$973$634$406$288
35 years$2,065$1,389$910$583$368$258
36 years$1,985$1,318$851$537$333$231
37 years$1,910$1,252$797$495$302$207
38 years$1,840$1,190$746$456$274$185
39 years$1,772$1,132$699$421$248$166
40 years$1,709$1,077$655$388$225$148
41 years$1,649$1,025$614$358$204$133
42 years$1,591$976$576$330$185$119
43 years$1,537$930$541$305$168$107
44 years$1,485$886$508$282$153$96
45 years$1,436$845$477$260$139$86
46 years$1,389$806$448$240$126$77
47 years$1,344$770$421$222$114$69
48 years$1,301$735$395$205$104$62
49 years$1,260$702$372$190$94$55
50 years$1,220$670$349$175$86$50

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,250,000, adding $3,543 every year, while hoping to spend $51,801 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: 60/27/13 Blend
43$1,250,000$1,250,000$1,250,000$1,250,000
44$1,381,155$1,314,905$1,295,530$1,459,413
45$1,466,917$1,324,219$1,283,814$1,521,813
46$1,559,690$1,332,254$1,269,970$1,583,707
47$1,660,136$1,338,891$1,253,871$1,649,980
48$1,768,979$1,344,007$1,235,385$1,721,058
49$1,887,020$1,347,468$1,214,375$1,797,414
50$2,015,135$1,349,133$1,190,696$1,879,568
51$2,154,290$1,348,852$1,164,196$1,968,098
52$2,305,548$1,346,466$1,134,717$2,063,638
53$2,470,077$1,341,806$1,102,093$2,166,892
54$2,649,163$1,334,693$1,066,151$2,278,635
55$2,844,221$1,324,936$1,026,711$2,399,725
56$3,056,807$1,312,333$983,581$2,531,110
57$3,288,635$1,296,671$936,565$2,673,834
58$3,541,590$1,277,723$885,454$2,829,053
59$3,817,749$1,255,248$830,033$2,998,042
60$4,119,396$1,228,991$770,076$3,182,210
61$4,449,046$1,198,683$705,345$3,383,111
62$4,809,469$1,164,039$635,594$3,602,464
63$5,203,713$1,124,755$560,565$3,842,163
64$5,635,136$1,080,513$479,989$4,104,302
65$6,107,435$1,030,973$393,583$4,391,193
66$6,624,680$975,777$301,054$4,705,384
67$7,191,354$914,547$202,096$5,049,694
68$7,812,393$846,881$96,388$5,427,228
69$8,493,236$772,357$0$5,841,419
70$9,239,870$690,526$0$6,298,329
71$10,058,891$600,916$0$6,814,276
72$10,957,563$503,026$0$7,380,537
73$11,943,889$396,329$0$8,002,253
74$13,026,683$280,267$0$8,685,094
75$14,215,654$154,249$0$9,435,313
76$15,521,498$17,655$0$10,259,804
77$16,955,997$0$0$11,166,173
78$18,532,132$0$0$12,201,481
79$20,264,201$0$0$13,345,088
80$22,167,957$0$0$14,602,163
81$24,260,755$0$0$15,984,180
82$26,561,717$0$0$17,503,780
83$29,091,907$0$0$19,174,888
84$31,874,535$0$0$21,012,850
85$34,935,172$0$0$23,034,572
86$38,301,990$0$0$25,258,678
87$42,006,032$0$0$27,705,693
88$46,081,499$0$0$30,398,228
89$50,566,076$0$0$33,361,198
90$55,501,284$0$0$36,622,055
91$60,932,874$0$0$40,211,047
92$66,911,255$0$0$44,161,503
93$73,491,972$0$0$48,510,147
94$80,736,230$0$0$53,297,443
95$88,711,466$0$0$58,567,981
96$97,491,990$0$0$64,370,890
97$107,159,685$0$0$70,760,310
98$117,804,775$0$0$77,795,893
99$129,526,681$0$0$85,543,373
100$142,434,955$0$0$94,075,184