Can I retire at age 44 with 1,330,000?

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 $1,330,000?

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%
1 years$109,830$108,852$107,897$106,966$106,056$105,565
2 years$54,371$53,359$52,377$51,426$50,503$50,007
3 years$35,888$34,871$33,892$32,949$32,041$31,556
4 years$26,647$25,634$24,664$23,738$22,852$22,381
5 years$21,105$20,097$19,141$18,233$17,372$16,917
6 years$17,411$16,411$15,468$14,581$13,746$13,307
7 years$14,773$13,782$12,854$11,988$11,179$10,757
8 years$12,796$11,813$10,902$10,056$9,274$8,869
9 years$11,259$10,286$9,389$8,566$7,810$7,422
10 years$10,030$9,066$8,186$7,384$6,655$6,283
11 years$9,026$8,071$7,207$6,426$5,723$5,367
12 years$8,189$7,244$6,396$5,637$4,960$4,620
13 years$7,481$6,547$5,714$4,976$4,325$4,001
14 years$6,876$5,951$5,134$4,417$3,791$3,482
15 years$6,351$5,436$4,636$3,939$3,338$3,044
16 years$5,892$4,988$4,203$3,527$2,950$2,670
17 years$5,488$4,593$3,824$3,169$2,616$2,350
18 years$5,129$4,244$3,491$2,856$2,326$2,074
19 years$4,809$3,934$3,196$2,581$2,073$1,834
20 years$4,520$3,655$2,933$2,337$1,852$1,625
21 years$4,260$3,405$2,698$2,121$1,657$1,443
22 years$4,023$3,178$2,487$1,929$1,485$1,283
23 years$3,808$2,973$2,296$1,757$1,333$1,142
24 years$3,610$2,785$2,123$1,602$1,198$1,018
25 years$3,429$2,614$1,967$1,463$1,078$909
26 years$3,262$2,457$1,824$1,338$971$812
27 years$3,107$2,312$1,694$1,225$876$726
28 years$2,964$2,178$1,574$1,122$790$649
29 years$2,831$2,055$1,465$1,029$714$581
30 years$2,707$1,941$1,365$944$645$520
31 years$2,592$1,835$1,272$867$583$466
32 years$2,483$1,736$1,187$797$527$418
33 years$2,382$1,644$1,108$733$477$375
34 years$2,287$1,558$1,036$674$432$336
35 years$2,197$1,478$968$621$391$302
36 years$2,112$1,403$906$572$355$271
37 years$2,033$1,332$848$527$321$243
38 years$1,957$1,266$794$486$291$219
39 years$1,886$1,204$744$448$264$196
40 years$1,818$1,146$697$413$240$177
41 years$1,754$1,090$654$381$217$159
42 years$1,693$1,038$613$352$197$143
43 years$1,635$989$575$325$179$128
44 years$1,580$943$540$300$163$115
45 years$1,528$899$507$277$148$104
46 years$1,478$858$476$256$134$93
47 years$1,430$819$448$236$122$84
48 years$1,384$782$421$218$110$75
49 years$1,340$746$395$202$100$68
50 years$1,299$713$372$186$91$61

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,330,000, adding $2,326 every year, while hoping to spend $32,460 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: 82/6/12 Blend
43$1,330,000$1,330,000$1,330,000$1,330,000
44$1,468,059$1,397,569$1,376,954$1,585,113
45$1,583,264$1,431,513$1,388,545$1,696,137
46$1,709,132$1,466,032$1,399,436$1,813,498
47$1,846,716$1,501,120$1,409,570$1,941,391
48$1,997,176$1,536,770$1,418,886$2,080,857
49$2,161,789$1,572,973$1,427,320$2,233,041
50$2,341,962$1,609,718$1,434,804$2,399,204
51$2,539,241$1,646,994$1,441,269$2,580,737
52$2,755,332$1,684,785$1,446,641$2,779,169
53$2,992,113$1,723,077$1,450,840$2,996,187
54$3,251,651$1,761,850$1,453,786$3,233,648
55$3,536,224$1,801,085$1,455,392$3,493,598
56$3,848,340$1,840,759$1,455,569$3,778,292
57$4,190,761$1,880,847$1,454,221$4,090,213
58$4,566,531$1,921,321$1,451,250$4,432,095
59$4,979,002$1,962,150$1,446,551$4,806,954
60$5,431,865$2,003,300$1,440,015$5,218,111
61$5,929,187$2,044,734$1,431,528$5,669,224
62$6,475,450$2,086,412$1,420,970$6,164,324
63$7,075,588$2,128,288$1,408,214$6,707,854
64$7,735,039$2,170,315$1,393,131$7,304,707
65$8,459,792$2,212,441$1,375,580$7,960,276
66$9,256,448$2,254,607$1,355,419$8,680,502
67$10,132,276$2,296,753$1,332,496$9,471,934
68$11,095,286$2,338,812$1,306,652$10,341,786
69$12,154,303$2,380,711$1,277,723$11,298,006
70$13,319,049$2,422,373$1,245,534$12,349,355
71$14,600,237$2,463,715$1,209,905$13,505,485
72$16,009,670$2,504,646$1,170,645$14,777,033
73$17,560,352$2,545,068$1,127,557$16,175,719
74$19,266,610$2,584,879$1,080,432$17,714,459
75$21,144,232$2,623,967$1,029,055$19,407,484
76$23,210,614$2,662,211$973,198$21,270,479
77$25,484,921$2,699,483$912,625$23,320,725
78$27,988,272$2,735,647$847,087$25,577,267
79$30,743,938$2,770,556$776,326$28,061,093
80$33,777,558$2,804,052$700,072$30,795,328
81$37,117,387$2,835,969$618,042$33,805,458
82$40,794,556$2,866,126$529,942$37,119,567
83$44,843,368$2,894,334$435,463$40,768,605
84$49,301,624$2,920,389$334,283$44,786,675
85$54,210,975$2,944,073$226,067$49,211,361
86$59,617,319$2,965,157$110,465$54,084,081
87$65,571,229$2,983,394$0$59,450,473
88$72,128,437$2,998,522$0$65,362,488
89$79,350,351$3,010,263$0$71,889,099
90$87,304,642$3,018,321$0$79,077,279
91$96,065,878$3,022,382$0$86,994,392
92$105,716,229$3,022,110$0$95,714,667
93$116,346,243$3,017,152$0$105,319,904
94$128,055,697$3,007,130$0$115,900,243
95$140,954,543$2,991,644$0$127,555,015
96$155,163,941$2,970,270$0$140,393,679
97$170,817,408$2,942,557$0$154,536,857
98$188,062,070$2,908,030$0$170,117,468
99$207,060,059$2,866,181$0$187,281,988
100$227,990,036$2,816,474$0$206,191,830