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%19.7%
1 years$113,959$112,944$111,954$110,987$110,043$105,761
2 years$56,415$55,365$54,346$53,359$52,401$48,139
3 years$37,237$36,181$35,166$34,188$33,246$29,137
4 years$27,649$26,597$25,592$24,630$23,711$19,787
5 years$21,898$20,853$19,860$18,918$18,025$14,296
6 years$18,065$17,028$16,050$15,129$14,262$10,731
7 years$15,329$14,300$13,338$12,439$11,599$8,265
8 years$13,277$12,258$11,311$10,434$9,623$6,481
9 years$11,683$10,672$9,742$8,888$8,104$5,151
10 years$10,407$9,407$8,494$7,661$6,905$4,135
11 years$9,365$8,375$7,478$6,668$5,938$3,345
12 years$8,497$7,517$6,636$5,848$5,146$2,723
13 years$7,763$6,793$5,929$5,163$4,487$2,227
14 years$7,134$6,175$5,327$4,583$3,934$1,828
15 years$6,590$5,641$4,810$4,088$3,463$1,505
16 years$6,114$5,175$4,361$3,660$3,061$1,243
17 years$5,695$4,766$3,968$3,288$2,714$1,028
18 years$5,322$4,404$3,622$2,964$2,413$852
19 years$4,989$4,082$3,316$2,678$2,151$707
20 years$4,690$3,793$3,043$2,425$1,921$587
21 years$4,420$3,533$2,799$2,201$1,719$489
22 years$4,174$3,298$2,580$2,001$1,541$407
23 years$3,951$3,084$2,382$1,823$1,383$339
24 years$3,746$2,890$2,203$1,662$1,243$282
25 years$3,558$2,712$2,041$1,518$1,119$235
26 years$3,384$2,549$1,893$1,388$1,008$196
27 years$3,224$2,399$1,757$1,271$909$164
28 years$3,076$2,260$1,634$1,164$820$136
29 years$2,938$2,132$1,520$1,068$740$114
30 years$2,809$2,014$1,416$980$669$95
31 years$2,689$1,904$1,320$900$605$79
32 years$2,577$1,801$1,232$827$547$66
33 years$2,471$1,706$1,150$760$495$55
34 years$2,372$1,617$1,075$700$448$46
35 years$2,279$1,533$1,005$644$406$39
36 years$2,192$1,455$940$593$368$32
37 years$2,109$1,382$880$547$333$27
38 years$2,031$1,314$824$504$302$22
39 years$1,957$1,249$772$464$274$19
40 years$1,887$1,189$723$428$249$16
41 years$1,820$1,131$678$395$226$13
42 years$1,757$1,078$636$365$205$11
43 years$1,697$1,027$597$337$186$9
44 years$1,640$979$560$311$169$8
45 years$1,585$933$526$287$153$6
46 years$1,533$890$494$265$139$5
47 years$1,484$850$464$245$126$4
48 years$1,436$811$436$226$115$4
49 years$1,391$774$410$209$104$3
50 years$1,347$740$386$193$95$3

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 $5,929 every year, while hoping to spend $35,952 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: 75/15/10 Blend
43$1,380,000$1,380,000$1,380,000$1,380,000
44$1,526,876$1,453,736$1,432,346$1,638,208
45$1,644,364$1,486,716$1,442,077$1,745,376
46$1,772,632$1,520,108$1,450,929$1,857,663
47$1,912,740$1,553,892$1,458,834$1,979,704
48$2,065,857$1,588,051$1,465,723$2,112,454
49$2,233,269$1,622,560$1,471,519$2,256,965
50$2,416,394$1,657,396$1,476,146$2,414,395
51$2,616,789$1,692,532$1,479,521$2,586,023
52$2,836,174$1,727,939$1,481,557$2,773,253
53$3,076,439$1,763,583$1,482,164$2,977,634
54$3,339,667$1,799,430$1,481,248$3,200,872
55$3,628,151$1,835,440$1,478,708$3,444,846
56$3,944,418$1,871,571$1,474,439$3,711,628
57$4,291,248$1,907,778$1,468,333$4,003,497
58$4,671,707$1,944,011$1,460,274$4,322,968
59$5,089,170$1,980,216$1,450,142$4,672,808
60$5,547,354$2,016,335$1,437,810$5,056,068
61$6,050,354$2,052,306$1,423,146$5,476,109
62$6,602,680$2,088,059$1,406,012$5,936,634
63$7,209,303$2,123,523$1,386,263$6,441,725
64$7,875,695$2,158,619$1,363,746$6,995,877
65$8,607,887$2,193,262$1,338,302$7,604,044
66$9,412,522$2,227,363$1,309,766$8,271,687
67$10,296,918$2,260,823$1,277,963$9,004,820
68$11,269,139$2,293,539$1,242,710$9,810,073
69$12,338,068$2,325,398$1,203,817$10,694,751
70$13,513,491$2,356,283$1,161,085$11,666,902
71$14,806,190$2,386,064$1,114,305$12,735,398
72$16,228,047$2,414,606$1,063,259$13,910,013
73$17,792,148$2,441,763$1,007,719$15,201,519
74$19,512,917$2,467,378$947,447$16,621,786
75$21,406,242$2,491,287$882,193$18,183,895
76$23,489,631$2,513,313$811,699$19,902,263
77$25,782,373$2,533,266$735,692$21,792,774
78$28,305,725$2,550,946$653,887$23,872,935
79$31,083,106$2,566,139$565,989$26,162,039
80$34,140,321$2,578,617$471,688$28,681,346
81$37,505,804$2,588,140$370,659$31,454,286
82$41,210,886$2,594,448$262,566$34,506,678
83$45,290,090$2,597,270$147,056$37,866,978
84$49,781,457$2,596,315$23,761$41,566,541
85$54,726,905$2,591,274$0$45,639,926
86$60,172,623$2,581,819$0$50,136,719
87$66,169,506$2,567,604$0$55,090,836
88$72,773,638$2,548,259$0$60,546,036
89$80,046,820$2,523,394$0$66,553,335
90$88,057,149$2,492,595$0$73,168,949
91$96,879,667$2,455,421$0$80,454,833
92$106,597,064$2,411,407$0$88,479,254
93$117,300,459$2,360,060$0$97,317,447
94$129,090,260$2,300,858$0$107,052,316
95$142,077,114$2,233,247$0$117,775,223
96$156,382,945$2,156,642$0$129,586,848
97$172,142,112$2,070,423$0$142,598,137
98$189,502,668$1,973,935$0$156,931,357
99$208,627,767$1,866,484$0$172,721,243
100$229,697,194$1,747,336$0$190,116,273