Can I retire at age 44 with 1,430,000?

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 $1,430,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.5%
1 years$118,088$117,036$116,010$115,008$114,030$112,839
2 years$58,459$57,371$56,316$55,292$54,300$53,101
3 years$38,586$37,492$36,440$35,426$34,450$33,280
4 years$28,651$27,561$26,519$25,523$24,570$23,438
5 years$22,692$21,608$20,580$19,604$18,678$17,586
6 years$18,720$17,645$16,631$15,677$14,779$13,730
7 years$15,884$14,818$13,821$12,889$12,019$11,013
8 years$13,758$12,702$11,721$10,812$9,971$9,008
9 years$12,106$11,059$10,095$9,210$8,397$7,477
10 years$10,785$9,748$8,801$7,939$7,155$6,276
11 years$9,704$8,678$7,749$6,909$6,153$5,316
12 years$8,805$7,789$6,877$6,060$5,332$4,536
13 years$8,044$7,039$6,144$5,350$4,650$3,892
14 years$7,393$6,398$5,520$4,749$4,076$3,357
15 years$6,828$5,845$4,984$4,236$3,589$2,907
16 years$6,335$5,363$4,519$3,793$3,172$2,526
17 years$5,901$4,939$4,112$3,408$2,812$2,202
18 years$5,515$4,564$3,754$3,071$2,501$1,924
19 years$5,170$4,230$3,436$2,775$2,229$1,684
20 years$4,860$3,930$3,154$2,513$1,991$1,478
21 years$4,580$3,661$2,901$2,281$1,782$1,298
22 years$4,326$3,417$2,674$2,074$1,597$1,142
23 years$4,094$3,196$2,469$1,889$1,434$1,006
24 years$3,882$2,995$2,283$1,723$1,289$888
25 years$3,687$2,810$2,114$1,573$1,159$783
26 years$3,507$2,641$1,961$1,438$1,044$692
27 years$3,341$2,486$1,821$1,317$942$612
28 years$3,187$2,342$1,693$1,206$850$541
29 years$3,044$2,210$1,575$1,106$767$479
30 years$2,911$2,087$1,467$1,015$693$424
31 years$2,786$1,973$1,368$932$627$376
32 years$2,670$1,867$1,276$857$567$333
33 years$2,561$1,768$1,192$788$513$295
34 years$2,458$1,675$1,114$725$465$262
35 years$2,362$1,589$1,041$667$421$232
36 years$2,271$1,508$974$615$381$206
37 years$2,185$1,432$912$566$346$183
38 years$2,104$1,361$854$522$313$162
39 years$2,028$1,295$800$481$284$144
40 years$1,955$1,232$750$444$258$128
41 years$1,886$1,172$703$410$234$114
42 years$1,821$1,117$659$378$212$101
43 years$1,758$1,064$619$349$192$90
44 years$1,699$1,014$581$322$175$80
45 years$1,643$967$545$298$159$71
46 years$1,589$922$512$275$144$63
47 years$1,537$880$481$254$131$56
48 years$1,488$840$452$235$119$50
49 years$1,441$803$425$217$108$44
50 years$1,396$767$400$200$98$39

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,430,000, adding $4,154 every year, while hoping to spend $54,400 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: 70/20/10 Blend
43$1,430,000$1,430,000$1,430,000$1,430,000
44$1,580,145$1,504,355$1,482,190$1,687,359
45$1,683,438$1,520,187$1,473,962$1,774,767
46$1,795,445$1,534,972$1,463,635$1,863,358
47$1,916,995$1,548,600$1,451,082$1,958,843
48$2,049,003$1,560,957$1,436,168$2,061,889
49$2,192,476$1,571,917$1,418,754$2,173,232
50$2,348,518$1,581,351$1,398,692$2,293,684
51$2,518,348$1,589,118$1,375,829$2,424,137
52$2,703,304$1,595,070$1,350,004$2,565,577
53$2,904,860$1,599,047$1,321,048$2,719,091
54$3,124,638$1,600,883$1,288,786$2,885,877
55$3,364,423$1,600,399$1,253,032$3,067,254
56$3,626,181$1,597,404$1,213,595$3,264,680
57$3,912,073$1,591,698$1,170,272$3,479,759
58$4,224,480$1,583,068$1,122,852$3,714,262
59$4,566,025$1,571,286$1,071,115$3,970,142
60$4,939,592$1,556,112$1,014,830$4,249,549
61$5,348,360$1,537,291$953,757$4,554,858
62$5,795,828$1,514,553$887,643$4,888,684
63$6,285,848$1,487,612$816,224$5,253,914
64$6,822,664$1,456,164$739,228$5,653,728
65$7,410,949$1,419,889$656,364$6,091,634
66$8,055,848$1,378,446$567,335$6,571,500
67$8,763,030$1,331,476$471,826$7,097,590
68$9,538,737$1,278,596$369,511$7,674,608
69$10,389,846$1,219,405$260,047$8,307,736
70$11,323,930$1,153,475$143,078$9,002,692
71$12,349,331$1,080,356$18,232$9,765,778
72$13,475,240$999,570$0$10,603,943
73$14,711,779$910,614$0$11,537,120
74$16,070,100$812,954$0$12,564,358
75$17,562,488$706,026$0$13,693,068
76$19,202,476$589,236$0$14,933,566
77$21,004,975$461,955$0$16,297,220
78$22,986,410$323,518$0$17,796,562
79$25,164,877$173,224$0$19,445,405
80$27,560,314$10,331$0$21,258,972
81$30,194,687$0$0$23,254,044
82$33,092,198$0$0$25,485,637
83$36,279,512$0$0$27,943,018
84$39,786,006$0$0$30,646,573
85$43,644,051$0$0$33,621,272
86$47,889,313$0$0$36,894,626
87$52,561,089$0$0$40,496,947
88$57,702,678$0$0$44,461,636
89$63,361,791$0$0$48,825,494
90$69,590,997$0$0$53,629,072
91$76,448,220$0$0$58,917,051
92$83,997,287$0$0$64,738,666
93$92,308,526$0$0$71,148,165
94$101,459,433$0$0$78,205,327
95$111,535,398$0$0$85,976,022
96$122,630,515$0$0$94,532,830
97$134,848,467$0$0$103,955,731
98$148,303,504$0$0$114,332,856
99$163,121,520$0$0$125,761,317
100$179,441,242$0$0$138,348,126