Can I retire at age 44 with 1,300,000?

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 $1,300,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$107,353$106,397$105,464$104,553$103,664$103,227
2 years$53,145$52,155$51,196$50,266$49,364$48,923
3 years$35,078$34,084$33,127$32,206$31,318$30,887
4 years$26,046$25,055$24,108$23,202$22,337$21,918
5 years$20,629$19,644$18,709$17,822$16,980$16,575
6 years$17,018$16,041$15,120$14,252$13,436$13,045
7 years$14,440$13,471$12,564$11,718$10,927$10,551
8 years$12,508$11,547$10,656$9,830$9,065$8,704
9 years$11,005$10,054$9,178$8,373$7,634$7,288
10 years$9,804$8,862$8,001$7,217$6,504$6,173
11 years$8,822$7,889$7,044$6,281$5,594$5,277
12 years$8,004$7,081$6,252$5,509$4,848$4,545
13 years$7,313$6,399$5,585$4,864$4,227$3,938
14 years$6,720$5,817$5,018$4,318$3,706$3,430
15 years$6,208$5,314$4,531$3,851$3,263$3,000
16 years$5,759$4,875$4,108$3,448$2,884$2,634
17 years$5,364$4,490$3,738$3,098$2,557$2,320
18 years$5,014$4,149$3,412$2,792$2,273$2,048
19 years$4,700$3,845$3,124$2,523$2,026$1,813
20 years$4,418$3,573$2,867$2,285$1,810$1,608
21 years$4,164$3,328$2,637$2,074$1,620$1,428
22 years$3,932$3,107$2,430$1,885$1,452$1,271
23 years$3,722$2,906$2,244$1,717$1,303$1,133
24 years$3,529$2,722$2,075$1,566$1,171$1,010
25 years$3,352$2,555$1,922$1,430$1,054$902
26 years$3,188$2,401$1,783$1,308$949$806
27 years$3,037$2,260$1,655$1,197$856$721
28 years$2,897$2,129$1,539$1,097$772$646
29 years$2,767$2,009$1,432$1,006$697$579
30 years$2,646$1,897$1,334$923$630$519
31 years$2,533$1,793$1,244$848$570$465
32 years$2,427$1,697$1,160$779$515$417
33 years$2,328$1,607$1,083$716$466$375
34 years$2,235$1,523$1,012$659$422$336
35 years$2,147$1,445$946$607$382$302
36 years$2,065$1,371$885$559$347$272
37 years$1,987$1,302$829$515$314$244
38 years$1,913$1,238$776$475$285$219
39 years$1,843$1,177$727$438$258$197
40 years$1,777$1,120$681$404$234$177
41 years$1,715$1,066$639$372$212$160
42 years$1,655$1,015$599$344$193$144
43 years$1,598$967$562$317$175$129
44 years$1,545$922$528$293$159$116
45 years$1,493$879$496$271$144$105
46 years$1,444$839$466$250$131$94
47 years$1,398$800$437$231$119$85
48 years$1,353$764$411$213$108$76
49 years$1,310$730$386$197$98$69
50 years$1,269$697$363$182$89$62

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,300,000, adding $2,422 every year, while hoping to spend $36,226 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: 27/44/29 Blend
43$1,300,000$1,300,000$1,300,000$1,300,000
44$1,435,098$1,366,198$1,346,048$1,460,866
45$1,542,934$1,394,598$1,352,597$1,510,436
46$1,660,555$1,423,175$1,358,150$1,560,359
47$1,788,921$1,451,900$1,362,638$1,613,229
48$1,929,088$1,480,740$1,365,984$1,669,325
49$2,082,220$1,509,661$1,368,109$1,728,952
50$2,249,597$1,538,625$1,368,931$1,792,449
51$2,432,629$1,567,590$1,368,363$1,860,191
52$2,632,867$1,596,513$1,366,313$1,932,591
53$2,852,021$1,625,343$1,362,686$2,010,107
54$3,091,973$1,654,031$1,357,382$2,093,245
55$3,354,795$1,682,519$1,350,295$2,182,564
56$3,642,768$1,710,747$1,341,314$2,278,682
57$3,958,408$1,738,651$1,330,325$2,382,284
58$4,304,481$1,766,160$1,317,207$2,494,124
59$4,684,037$1,793,200$1,301,832$2,615,036
60$5,100,433$1,819,691$1,284,067$2,745,944
61$5,557,368$1,845,547$1,263,774$2,887,866
62$6,058,916$1,870,676$1,240,807$3,041,928
63$6,609,565$1,894,978$1,215,014$3,209,376
64$7,214,258$1,918,350$1,186,235$3,391,583
65$7,878,441$1,940,678$1,154,303$3,590,068
66$8,608,113$1,961,842$1,119,043$3,806,508
67$9,409,884$1,981,715$1,080,274$4,042,757
68$10,291,032$2,000,160$1,037,803$4,300,859
69$11,259,580$2,017,030$991,432$4,583,075
70$12,324,364$2,032,172$940,952$4,891,901
71$13,495,120$2,045,419$886,145$5,230,090
72$14,782,574$2,056,596$826,782$5,600,685
73$16,198,542$2,065,515$762,625$6,007,046
74$17,756,046$2,071,978$693,426$6,452,879
75$19,469,431$2,075,773$618,924$6,942,277
76$21,354,503$2,076,676$538,847$7,479,759
77$23,428,676$2,074,447$452,913$8,070,311
78$25,711,140$2,068,833$360,824$8,719,436
79$28,223,036$2,059,566$262,272$9,433,209
80$30,987,660$2,046,359$156,932$10,218,333
81$34,030,681$2,028,911$44,469$11,082,205
82$37,380,382$2,006,899$0$12,032,986
83$41,067,928$1,979,984$0$13,103,059
84$45,127,658$1,947,804$0$14,295,188
85$49,597,410$1,909,978$0$15,606,678
86$54,518,879$1,866,100$0$17,049,749
87$59,938,008$1,815,742$0$18,637,870
88$65,905,422$1,758,450$0$20,385,894
89$72,476,904$1,693,743$0$22,310,197
90$79,713,925$1,621,113$0$24,428,833
91$87,684,220$1,540,022$0$26,761,705
92$96,462,428$1,449,902$0$29,330,759
93$106,130,798$1,350,149$0$32,160,187
94$116,779,962$1,240,129$0$35,276,662
95$128,509,791$1,119,167$0$38,709,588
96$141,430,338$986,555$0$42,491,380
97$155,662,875$841,539$0$46,657,773
98$171,341,041$683,328$0$51,248,163
99$188,612,098$511,081$0$56,305,978
100$207,638,321$323,913$0$61,879,090