Can I retire at age 44 with 1,350,000?

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 $1,350,000?

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$111,482$110,489$109,520$108,574$107,651$107,197
2 years$55,189$54,161$53,165$52,199$51,262$50,804
3 years$36,427$35,395$34,401$33,445$32,523$32,075
4 years$27,048$26,019$25,035$24,095$23,196$22,761
5 years$21,422$20,399$19,428$18,507$17,633$17,213
6 years$17,673$16,657$15,701$14,800$13,952$13,547
7 years$14,996$13,989$13,048$12,168$11,347$10,957
8 years$12,989$11,991$11,065$10,208$9,413$9,039
9 years$11,429$10,440$9,531$8,695$7,927$7,568
10 years$10,181$9,203$8,309$7,495$6,755$6,411
11 years$9,161$8,193$7,315$6,523$5,809$5,480
12 years$8,312$7,353$6,492$5,721$5,034$4,720
13 years$7,594$6,645$5,800$5,051$4,390$4,090
14 years$6,979$6,040$5,211$4,484$3,848$3,562
15 years$6,446$5,518$4,705$3,999$3,388$3,116
16 years$5,981$5,063$4,266$3,580$2,994$2,735
17 years$5,571$4,662$3,882$3,217$2,655$2,409
18 years$5,206$4,308$3,544$2,899$2,361$2,127
19 years$4,881$3,993$3,244$2,620$2,104$1,883
20 years$4,588$3,710$2,977$2,373$1,880$1,670
21 years$4,324$3,456$2,738$2,153$1,682$1,483
22 years$4,084$3,226$2,524$1,958$1,508$1,320
23 years$3,865$3,017$2,330$1,783$1,353$1,176
24 years$3,665$2,827$2,155$1,626$1,216$1,049
25 years$3,481$2,653$1,996$1,485$1,095$937
26 years$3,311$2,493$1,851$1,358$986$837
27 years$3,154$2,347$1,719$1,243$889$749
28 years$3,009$2,211$1,598$1,139$802$671
29 years$2,874$2,086$1,487$1,044$724$601
30 years$2,748$1,970$1,385$958$654$539
31 years$2,631$1,862$1,291$880$592$483
32 years$2,521$1,762$1,205$809$535$433
33 years$2,418$1,669$1,125$744$484$389
34 years$2,321$1,582$1,051$684$439$349
35 years$2,230$1,500$983$630$397$314
36 years$2,144$1,424$919$580$360$282
37 years$2,063$1,352$861$535$326$253
38 years$1,987$1,285$806$493$296$228
39 years$1,914$1,222$755$454$268$205
40 years$1,846$1,163$708$419$243$184
41 years$1,781$1,107$664$387$221$166
42 years$1,719$1,054$622$357$200$149
43 years$1,660$1,004$584$329$182$134
44 years$1,604$957$548$304$165$121
45 years$1,551$913$515$281$150$109
46 years$1,500$871$484$259$136$98
47 years$1,451$831$454$240$123$88
48 years$1,405$793$427$222$112$79
49 years$1,361$758$401$205$102$71
50 years$1,318$724$377$189$92$64

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,350,000, adding $5,730 every year, while hoping to spend $30,814 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: 68/14/18 Blend
43$1,350,000$1,350,000$1,350,000$1,350,000
44$1,493,610$1,422,060$1,401,135$1,588,263
45$1,613,173$1,458,956$1,415,288$1,689,092
46$1,743,898$1,496,626$1,428,881$1,795,198
47$1,886,892$1,535,077$1,441,865$1,910,502
48$2,043,372$1,574,313$1,454,185$2,035,906
49$2,214,680$1,614,338$1,465,784$2,172,406
50$2,402,292$1,655,155$1,476,602$2,321,098
51$2,607,834$1,696,766$1,486,577$2,483,190
52$2,833,098$1,739,172$1,495,642$2,660,010
53$3,080,055$1,782,373$1,503,727$2,853,024
54$3,350,879$1,826,368$1,510,760$3,063,846
55$3,647,961$1,871,152$1,516,663$3,294,255
56$3,973,937$1,916,723$1,521,356$3,546,210
57$4,331,711$1,963,074$1,524,753$3,821,870
58$4,724,479$2,010,198$1,526,765$4,123,613
59$5,155,763$2,058,086$1,527,300$4,454,059
60$5,629,444$2,106,725$1,526,258$4,816,098
61$6,149,797$2,156,104$1,523,536$5,212,910
62$6,721,528$2,206,205$1,519,028$5,648,001
63$7,349,827$2,257,012$1,512,618$6,125,236
64$8,040,408$2,308,504$1,504,189$6,648,872
65$8,799,566$2,360,657$1,493,615$7,223,600
66$9,634,237$2,413,445$1,480,767$7,854,590
67$10,552,065$2,466,839$1,465,508$8,547,539
68$11,561,467$2,520,806$1,447,694$9,308,724
69$12,671,721$2,575,310$1,427,176$10,145,065
70$13,893,047$2,630,310$1,403,797$11,064,185
71$15,236,705$2,685,763$1,377,392$12,074,485
72$16,715,104$2,741,620$1,347,789$13,185,224
73$18,341,913$2,797,829$1,314,809$14,406,605
74$20,132,196$2,854,330$1,278,263$15,749,873
75$22,102,549$2,911,061$1,237,954$17,227,418
76$24,271,259$2,967,953$1,193,675$18,852,897
77$26,658,477$3,024,932$1,145,213$20,641,356
78$29,286,404$3,081,917$1,092,340$22,609,382
79$32,179,506$3,138,819$1,034,822$24,775,250
80$35,364,740$3,195,546$972,414$27,159,102
81$38,871,811$3,251,994$904,856$29,783,134
82$42,733,448$3,308,055$831,881$32,671,807
83$46,985,718$3,363,608$753,208$35,852,080
84$51,668,364$3,418,528$668,543$39,353,659
85$56,825,178$3,472,677$577,580$43,209,284
86$62,504,417$3,525,908$480,000$47,455,036
87$68,759,254$3,578,064$375,467$52,130,678
88$75,648,286$3,628,977$263,632$57,280,028
89$83,236,080$3,678,466$144,133$62,951,376
90$91,593,786$3,726,337$16,587$69,197,943
91$100,799,809$3,772,384$0$76,078,375
92$110,940,544$3,816,386$0$83,680,264
93$122,111,199$3,858,107$0$92,056,772
94$134,416,683$3,897,297$0$101,283,291
95$147,972,607$3,933,686$0$111,446,412
96$162,906,365$3,966,990$0$122,641,559
97$179,358,345$3,996,902$0$134,973,885
98$197,483,245$4,023,100$0$148,559,270
99$217,451,541$4,045,237$0$163,525,409
100$239,451,091$4,062,946$0$180,013,021