Can I retire at age 44 with 1,370,000?

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 $1,370,000?

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$113,133$112,126$111,142$110,183$109,246$108,557
2 years$56,007$54,964$53,953$52,972$52,022$51,327
3 years$36,967$35,919$34,911$33,940$33,005$32,326
4 years$27,449$26,404$25,406$24,452$23,539$22,881
5 years$21,740$20,701$19,716$18,781$17,894$17,259
6 years$17,935$16,904$15,934$15,020$14,159$13,547
7 years$15,218$14,196$13,241$12,348$11,515$10,927
8 years$13,181$12,169$11,229$10,359$9,553$8,988
9 years$11,598$10,595$9,672$8,823$8,045$7,504
10 years$10,332$9,339$8,432$7,606$6,855$6,337
11 years$9,297$8,314$7,424$6,619$5,895$5,401
12 years$8,435$7,462$6,588$5,806$5,109$4,637
13 years$7,706$6,744$5,886$5,126$4,455$4,005
14 years$7,082$6,130$5,289$4,550$3,905$3,477
15 years$6,542$5,600$4,775$4,058$3,438$3,031
16 years$6,070$5,138$4,329$3,633$3,039$2,652
17 years$5,653$4,732$3,939$3,265$2,694$2,328
18 years$5,284$4,372$3,596$2,942$2,396$2,048
19 years$4,953$4,052$3,292$2,658$2,135$1,806
20 years$4,656$3,765$3,021$2,408$1,907$1,596
21 years$4,388$3,507$2,779$2,185$1,707$1,413
22 years$4,144$3,274$2,561$1,987$1,530$1,253
23 years$3,922$3,062$2,365$1,809$1,373$1,112
24 years$3,719$2,869$2,187$1,650$1,234$988
25 years$3,532$2,692$2,026$1,507$1,111$879
26 years$3,360$2,530$1,879$1,378$1,001$783
27 years$3,201$2,381$1,745$1,261$902$698
28 years$3,053$2,244$1,622$1,156$814$622
29 years$2,916$2,117$1,509$1,060$735$555
30 years$2,789$1,999$1,406$973$664$495
31 years$2,670$1,890$1,311$893$600$443
32 years$2,558$1,788$1,223$821$543$395
33 years$2,453$1,693$1,142$755$492$354
34 years$2,355$1,605$1,067$695$445$316
35 years$2,263$1,522$997$639$403$283
36 years$2,176$1,445$933$589$365$253
37 years$2,094$1,372$873$543$331$226
38 years$2,016$1,304$818$500$300$203
39 years$1,943$1,240$766$461$272$182
40 years$1,873$1,180$718$425$247$163
41 years$1,807$1,123$673$392$224$146
42 years$1,744$1,070$632$362$203$130
43 years$1,685$1,019$593$334$184$117
44 years$1,628$972$556$309$167$105
45 years$1,574$926$522$285$152$94
46 years$1,522$884$491$263$138$84
47 years$1,473$843$461$243$125$75
48 years$1,426$805$433$225$114$68
49 years$1,381$769$407$208$103$61
50 years$1,338$734$383$192$94$54

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,370,000, adding $6,928 every year, while hoping to spend $21,591 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: 53/42/5 Blend
43$1,370,000$1,370,000$1,370,000$1,370,000
44$1,516,886$1,444,276$1,423,041$1,595,262
45$1,648,636$1,492,073$1,447,740$1,696,845
46$1,793,101$1,541,488$1,472,543$1,804,329
47$1,951,554$1,592,579$1,497,431$1,920,728
48$2,125,400$1,645,402$1,522,382$2,046,886
49$2,316,184$1,700,020$1,547,375$2,183,731
50$2,525,608$1,756,495$1,572,386$2,332,284
51$2,755,549$1,814,892$1,597,390$2,493,668
52$3,008,073$1,875,279$1,622,360$2,669,119
53$3,285,454$1,937,726$1,647,267$2,859,995
54$3,590,201$2,002,305$1,672,081$3,067,791
55$3,925,076$2,069,092$1,696,770$3,294,152
56$4,293,121$2,138,165$1,721,299$3,540,887
57$4,697,689$2,209,605$1,745,632$3,809,989
58$5,142,473$2,283,495$1,769,730$4,103,649
59$5,631,542$2,359,923$1,793,553$4,424,281
60$6,169,378$2,438,979$1,817,056$4,774,540
61$6,760,922$2,520,756$1,840,195$5,157,350
62$7,411,615$2,605,351$1,862,920$5,575,930
63$8,127,452$2,692,866$1,885,181$6,033,823
64$8,915,040$2,783,405$1,906,922$6,534,931
65$9,781,658$2,877,075$1,928,087$7,083,551
66$10,735,325$2,973,989$1,948,616$7,684,411
67$11,784,878$3,074,265$1,968,445$8,342,723
68$12,940,054$3,178,022$1,987,506$9,064,223
69$14,211,581$3,285,387$2,005,729$9,855,228
70$15,611,280$3,396,489$2,023,039$10,722,697
71$17,152,178$3,511,464$2,039,358$11,674,292
72$18,848,626$3,630,452$2,054,603$12,718,455
73$20,716,440$3,753,598$2,068,686$13,864,482
74$22,773,047$3,881,054$2,081,517$15,122,613
75$25,037,649$4,012,977$2,092,999$16,504,127
76$27,531,405$4,149,529$2,103,030$18,021,451
77$30,277,632$4,290,879$2,111,506$19,688,271
78$33,302,022$4,437,204$2,118,312$21,519,665
79$36,632,885$4,588,684$2,123,333$23,532,241
80$40,301,420$4,745,510$2,126,445$25,744,299
81$44,342,003$4,907,878$2,127,519$28,175,997
82$48,792,515$5,075,992$2,126,418$30,849,542
83$53,694,699$5,250,063$2,123,001$33,789,402
84$59,094,555$5,430,313$2,117,118$37,022,531
85$65,042,770$5,616,969$2,108,612$40,578,628
86$71,595,201$5,810,269$2,097,320$44,490,413
87$78,813,400$6,010,460$2,083,068$48,793,935
88$86,765,192$6,217,798$2,065,676$53,528,912
89$95,525,321$6,432,550$2,044,956$58,739,107
90$105,176,151$6,654,992$2,020,710$64,472,738
91$115,808,444$6,885,412$1,992,729$70,782,931
92$127,522,218$7,124,110$1,960,797$77,728,222
93$140,427,687$7,371,394$1,924,687$85,373,110
94$154,646,308$7,627,589$1,884,160$93,788,663
95$170,311,920$7,893,030$1,838,969$103,053,185
96$187,572,013$8,168,065$1,788,851$113,252,961
97$206,589,116$8,453,058$1,733,536$124,483,063
98$227,542,334$8,748,386$1,672,737$136,848,250
99$250,629,035$9,054,440$1,606,157$150,463,955
100$276,066,717$9,371,628$1,533,484$165,457,374