Can I retire at age 44 with 1,270,000?

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 $1,270,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$104,875$103,941$103,030$102,140$101,272$99,065
2 years$51,919$50,952$50,014$49,106$48,225$46,013
3 years$34,269$33,297$32,363$31,463$30,596$28,447
4 years$25,445$24,477$23,552$22,667$21,821$19,753
5 years$20,153$19,190$18,277$17,410$16,588$14,606
6 years$16,625$15,670$14,771$13,923$13,126$11,231
7 years$14,107$13,160$12,274$11,447$10,675$8,869
8 years$12,219$11,281$10,410$9,603$8,856$7,138
9 years$10,751$9,822$8,966$8,179$7,458$5,827
10 years$9,578$8,657$7,817$7,051$6,354$4,808
11 years$8,618$7,707$6,882$6,136$5,465$4,002
12 years$7,819$6,918$6,107$5,382$4,736$3,353
13 years$7,144$6,251$5,456$4,752$4,130$2,825
14 years$6,565$5,682$4,903$4,218$3,620$2,391
15 years$6,064$5,191$4,426$3,762$3,187$2,031
16 years$5,627$4,763$4,013$3,368$2,817$1,731
17 years$5,241$4,386$3,652$3,026$2,498$1,479
18 years$4,898$4,053$3,334$2,727$2,221$1,266
19 years$4,592$3,756$3,052$2,464$1,980$1,086
20 years$4,316$3,491$2,801$2,232$1,768$933
21 years$4,068$3,251$2,576$2,026$1,582$803
22 years$3,842$3,035$2,374$1,842$1,418$691
23 years$3,636$2,839$2,192$1,677$1,273$596
24 years$3,447$2,660$2,028$1,530$1,144$514
25 years$3,274$2,496$1,878$1,397$1,030$444
26 years$3,115$2,346$1,742$1,277$928$384
27 years$2,967$2,208$1,617$1,169$836$332
28 years$2,831$2,080$1,503$1,071$755$287
29 years$2,704$1,962$1,399$982$681$248
30 years$2,585$1,853$1,303$902$616$215
31 years$2,475$1,752$1,215$828$557$186
32 years$2,371$1,658$1,134$761$503$161
33 years$2,274$1,570$1,058$700$456$139
34 years$2,183$1,488$989$644$413$121
35 years$2,098$1,411$925$593$374$105
36 years$2,017$1,339$865$546$339$91
37 years$1,941$1,272$810$503$307$79
38 years$1,869$1,209$758$464$278$68
39 years$1,801$1,150$710$427$252$59
40 years$1,736$1,094$666$394$229$51
41 years$1,675$1,041$624$364$208$44
42 years$1,617$992$586$336$188$38
43 years$1,562$945$549$310$171$33
44 years$1,509$901$516$286$155$29
45 years$1,459$859$484$264$141$25
46 years$1,411$819$455$244$128$22
47 years$1,365$782$427$226$116$19
48 years$1,322$746$402$208$105$16
49 years$1,280$713$377$193$96$14
50 years$1,240$681$355$178$87$12

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,270,000, adding $4,345 every year, while hoping to spend $25,803 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: 53/35/12 Blend
43$1,270,000$1,270,000$1,270,000$1,270,000
44$1,404,022$1,336,712$1,317,027$1,473,807
45$1,519,778$1,374,757$1,333,693$1,559,853
46$1,646,476$1,413,801$1,350,053$1,650,282
47$1,785,206$1,453,866$1,366,069$1,748,071
48$1,937,166$1,494,974$1,381,701$1,853,926
49$2,103,676$1,537,147$1,396,907$1,968,619
50$2,286,192$1,580,408$1,411,644$2,093,004
51$2,486,314$1,624,779$1,425,865$2,228,018
52$2,705,807$1,670,282$1,439,521$2,374,693
53$2,946,614$1,716,941$1,452,559$2,534,168
54$3,210,875$1,764,777$1,464,926$2,707,692
55$3,500,947$1,813,814$1,476,564$2,896,645
56$3,819,428$1,864,075$1,487,413$3,102,544
57$4,169,177$1,915,582$1,497,409$3,327,060
58$4,553,345$1,968,358$1,506,484$3,572,035
59$4,975,405$2,022,426$1,514,570$3,839,494
60$5,439,179$2,077,808$1,521,591$4,131,671
61$5,948,882$2,134,527$1,527,471$4,451,025
62$6,509,154$2,192,604$1,532,127$4,800,265
63$7,125,108$2,252,063$1,535,474$5,182,374
64$7,802,378$2,312,923$1,537,421$5,600,641
65$8,547,171$2,375,207$1,537,875$6,058,686
66$9,366,325$2,438,934$1,536,736$6,560,498
67$10,267,373$2,504,125$1,533,901$7,110,472
68$11,258,618$2,570,800$1,529,259$7,713,451
69$12,349,205$2,638,977$1,522,697$8,374,769
70$13,549,211$2,708,674$1,514,094$9,100,304
71$14,869,740$2,779,908$1,503,326$9,896,532
72$16,323,026$2,852,696$1,490,260$10,770,587
73$17,922,549$2,927,053$1,474,758$11,730,333
74$19,683,162$3,002,992$1,456,676$12,784,430
75$21,621,232$3,080,526$1,435,862$13,942,425
76$23,754,793$3,159,667$1,412,158$15,214,834
77$26,103,715$3,240,424$1,385,399$16,613,247
78$28,689,894$3,322,804$1,355,410$18,150,433
79$31,537,457$3,406,815$1,322,009$19,840,463
80$34,672,988$3,492,460$1,285,008$21,698,844
81$38,125,783$3,579,741$1,244,206$23,742,661
82$41,928,122$3,668,658$1,199,396$25,990,743
83$46,115,576$3,759,207$1,150,360$28,463,835
84$50,727,339$3,851,382$1,096,872$31,184,802
85$55,806,603$3,945,175$1,038,693$34,178,835
86$61,400,962$4,040,574$975,574$37,473,699
87$67,562,861$4,137,564$907,257$41,099,987
88$74,350,093$4,236,124$833,470$45,091,412
89$81,826,340$4,336,232$753,929$49,485,126
90$90,061,780$4,437,860$668,339$54,322,070
91$99,133,743$4,540,977$576,389$59,647,359
92$109,127,444$4,645,544$477,758$65,510,711
93$120,136,788$4,751,520$372,107$71,966,914
94$132,265,252$4,858,857$259,085$79,076,345
95$145,626,867$4,967,501$138,324$86,905,539
96$160,347,290$5,077,390$9,440$95,527,817
97$176,564,990$5,188,459$0$105,023,981
98$194,432,557$5,300,631$0$115,499,475
99$214,118,141$5,413,825$0$127,038,378
100$235,807,038$5,527,950$0$139,747,671