Can I retire at age 44 with 1,380,000?

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 $1,380,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$113,959$112,944$111,954$110,987$110,043$107,209
2 years$56,415$55,365$54,346$53,359$52,401$49,565
3 years$37,237$36,181$35,166$34,188$33,246$30,495
4 years$27,649$26,597$25,592$24,630$23,711$21,068
5 years$21,898$20,853$19,860$18,918$18,025$15,497
6 years$18,065$17,028$16,050$15,129$14,262$11,852
7 years$15,329$14,300$13,338$12,439$11,599$9,306
8 years$13,277$12,258$11,311$10,434$9,623$7,446
9 years$11,683$10,672$9,742$8,888$8,104$6,042
10 years$10,407$9,407$8,494$7,661$6,905$4,955
11 years$9,365$8,375$7,478$6,668$5,938$4,098
12 years$8,497$7,517$6,636$5,848$5,146$3,411
13 years$7,763$6,793$5,929$5,163$4,487$2,855
14 years$7,134$6,175$5,327$4,583$3,934$2,400
15 years$6,590$5,641$4,810$4,088$3,463$2,025
16 years$6,114$5,175$4,361$3,660$3,061$1,713
17 years$5,695$4,766$3,968$3,288$2,714$1,453
18 years$5,322$4,404$3,622$2,964$2,413$1,235
19 years$4,989$4,082$3,316$2,678$2,151$1,051
20 years$4,690$3,793$3,043$2,425$1,921$897
21 years$4,420$3,533$2,799$2,201$1,719$765
22 years$4,174$3,298$2,580$2,001$1,541$654
23 years$3,951$3,084$2,382$1,823$1,383$559
24 years$3,746$2,890$2,203$1,662$1,243$479
25 years$3,558$2,712$2,041$1,518$1,119$410
26 years$3,384$2,549$1,893$1,388$1,008$352
27 years$3,224$2,399$1,757$1,271$909$301
28 years$3,076$2,260$1,634$1,164$820$259
29 years$2,938$2,132$1,520$1,068$740$222
30 years$2,809$2,014$1,416$980$669$190
31 years$2,689$1,904$1,320$900$605$163
32 years$2,577$1,801$1,232$827$547$140
33 years$2,471$1,706$1,150$760$495$121
34 years$2,372$1,617$1,075$700$448$104
35 years$2,279$1,533$1,005$644$406$89
36 years$2,192$1,455$940$593$368$76
37 years$2,109$1,382$880$547$333$66
38 years$2,031$1,314$824$504$302$56
39 years$1,957$1,249$772$464$274$49
40 years$1,887$1,189$723$428$249$42
41 years$1,820$1,131$678$395$226$36
42 years$1,757$1,078$636$365$205$31
43 years$1,697$1,027$597$337$186$26
44 years$1,640$979$560$311$169$23
45 years$1,585$933$526$287$153$20
46 years$1,533$890$494$265$139$17
47 years$1,484$850$464$245$126$14
48 years$1,436$811$436$226$115$12
49 years$1,391$774$410$209$104$11
50 years$1,347$740$386$193$95$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,380,000, adding $4,156 every year, while hoping to spend $27,362 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: 72/5/23 Blend
43$1,380,000$1,380,000$1,380,000$1,380,000
44$1,525,047$1,451,907$1,430,517$1,625,868
45$1,651,489$1,493,937$1,449,326$1,735,660
46$1,789,911$1,537,110$1,467,849$1,852,233
47$1,941,506$1,581,453$1,486,046$1,979,245
48$2,107,587$1,626,992$1,503,876$2,117,730
49$2,289,603$1,673,757$1,521,298$2,268,827
50$2,489,146$1,721,774$1,538,265$2,433,791
51$2,707,972$1,771,074$1,554,730$2,614,005
52$2,948,013$1,821,685$1,570,642$2,810,992
53$3,211,399$1,873,636$1,585,947$3,026,431
54$3,500,475$1,926,958$1,600,589$3,262,171
55$3,817,825$1,981,680$1,614,510$3,520,250
56$4,166,294$2,037,833$1,627,647$3,802,911
57$4,549,016$2,095,447$1,639,934$4,112,629
58$4,969,446$2,154,554$1,651,302$4,452,129
59$5,431,387$2,215,185$1,661,678$4,824,412
60$5,939,031$2,277,371$1,670,986$5,232,790
61$6,496,994$2,341,144$1,679,146$5,680,906
62$7,110,362$2,406,535$1,686,073$6,172,780
63$7,784,741$2,473,577$1,691,678$6,712,837
64$8,526,304$2,542,302$1,695,868$7,305,958
65$9,341,853$2,612,740$1,698,545$7,957,516
66$10,238,882$2,684,925$1,699,607$8,673,436
67$11,225,650$2,758,888$1,698,946$9,460,246
68$12,311,254$2,834,661$1,696,448$10,325,140
69$13,505,717$2,912,276$1,691,995$11,276,044
70$14,820,086$2,991,762$1,685,462$12,321,694
71$16,266,529$3,073,153$1,676,719$13,471,717
72$17,858,455$3,156,478$1,665,630$14,736,721
73$19,610,639$3,241,767$1,652,050$16,128,396
74$21,539,360$3,329,049$1,635,830$17,659,626
75$23,662,557$3,418,355$1,616,812$19,344,607
76$25,999,994$3,509,710$1,594,832$21,198,984
77$28,573,452$3,603,144$1,569,716$23,239,999
78$31,406,928$3,698,682$1,541,286$25,486,652
79$34,526,866$3,796,350$1,509,351$27,959,881
80$37,962,406$3,896,170$1,473,714$30,682,761
81$41,745,656$3,998,167$1,434,167$33,680,719
82$45,911,996$4,102,361$1,390,495$36,981,778
83$50,500,414$4,208,771$1,342,471$40,616,819
84$55,553,870$4,317,415$1,289,858$44,619,875
85$61,119,705$4,428,308$1,232,409$49,028,448
86$67,250,085$4,541,465$1,169,864$53,883,870
87$74,002,493$4,656,896$1,101,954$59,231,685
88$81,440,272$4,774,609$1,028,394$65,122,087
89$89,633,225$4,894,610$948,891$71,610,390
90$98,658,269$5,016,901$863,134$78,757,551
91$108,600,166$5,141,482$770,802$86,630,746
92$119,552,317$5,268,349$671,558$95,304,003
93$131,617,647$5,397,492$565,049$104,858,904
94$144,909,578$5,528,900$450,909$115,385,353
95$159,553,093$5,662,554$328,753$126,982,428
96$175,685,924$5,798,435$198,181$139,759,312
97$193,459,843$5,936,513$58,775$153,836,328
98$213,042,102$6,076,757$0$169,346,074
99$234,617,005$6,219,127$0$186,456,763
100$258,387,655$6,363,579$0$205,324,169