Can I retire at age 44 with 1,450,000?

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 $1,450,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.5%
1 years$119,740$118,673$117,632$116,617$115,625$113,013
2 years$59,277$58,173$57,103$56,066$55,060$52,442
3 years$39,125$38,017$36,950$35,922$34,932$32,391
4 years$29,052$27,946$26,890$25,880$24,914$22,469
5 years$23,009$21,910$20,868$19,878$18,939$16,597
6 years$18,982$17,891$16,864$15,897$14,986$12,748
7 years$16,106$15,025$14,014$13,070$12,188$10,056
8 years$13,951$12,879$11,885$10,964$10,111$8,083
9 years$12,275$11,214$10,237$9,339$8,515$6,590
10 years$10,935$9,884$8,925$8,050$7,255$5,432
11 years$9,840$8,799$7,857$7,006$6,239$4,515
12 years$8,928$7,898$6,973$6,145$5,407$3,778
13 years$8,156$7,137$6,230$5,425$4,715$3,179
14 years$7,496$6,488$5,598$4,816$4,133$2,687
15 years$6,924$5,927$5,054$4,295$3,639$2,280
16 years$6,424$5,438$4,582$3,846$3,216$1,940
17 years$5,983$5,008$4,169$3,455$2,852$1,655
18 years$5,592$4,627$3,806$3,114$2,536$1,415
19 years$5,242$4,289$3,484$2,814$2,260$1,212
20 years$4,928$3,985$3,198$2,548$2,019$1,040
21 years$4,644$3,712$2,941$2,313$1,807$893
22 years$4,386$3,465$2,711$2,103$1,619$768
23 years$4,151$3,241$2,503$1,915$1,454$661
24 years$3,936$3,036$2,315$1,747$1,307$569
25 years$3,738$2,850$2,144$1,595$1,176$491
26 years$3,556$2,678$1,989$1,459$1,059$423
27 years$3,388$2,520$1,846$1,335$955$365
28 years$3,232$2,375$1,717$1,223$862$315
29 years$3,087$2,241$1,597$1,122$778$272
30 years$2,952$2,116$1,488$1,029$703$235
31 years$2,825$2,000$1,387$945$635$203
32 years$2,707$1,893$1,294$869$575$176
33 years$2,597$1,792$1,208$799$520$152
34 years$2,493$1,699$1,129$735$471$131
35 years$2,395$1,611$1,056$677$427$114
36 years$2,303$1,529$988$623$387$98
37 years$2,216$1,453$924$574$350$85
38 years$2,134$1,380$866$529$318$74
39 years$2,056$1,313$811$488$288$64
40 years$1,982$1,249$760$450$261$55
41 years$1,912$1,189$713$415$237$48
42 years$1,846$1,132$669$383$215$41
43 years$1,783$1,079$627$354$195$36
44 years$1,723$1,028$589$327$177$31
45 years$1,666$981$553$302$161$27
46 years$1,611$935$519$279$146$23
47 years$1,559$893$488$257$133$20
48 years$1,509$852$458$238$120$17
49 years$1,461$814$431$220$109$15
50 years$1,416$777$405$203$99$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,450,000, adding $2,726 every year, while hoping to spend $56,188 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: 45/36/19 Blend
43$1,450,000$1,450,000$1,450,000$1,450,000
44$1,600,712$1,523,862$1,501,387$1,663,887
45$1,704,201$1,538,748$1,491,900$1,723,342
46$1,816,363$1,552,479$1,480,212$1,781,985
47$1,938,022$1,564,942$1,466,189$1,844,405
48$2,070,088$1,576,011$1,449,694$1,910,977
49$2,213,557$1,585,555$1,430,579$1,982,119
50$2,369,528$1,593,436$1,408,691$2,058,292
51$2,539,209$1,599,504$1,383,872$2,140,008
52$2,723,929$1,603,600$1,355,952$2,227,834
53$2,925,151$1,605,558$1,324,758$2,322,397
54$3,144,484$1,605,198$1,290,105$2,424,393
55$3,383,699$1,602,330$1,251,802$2,534,589
56$3,644,747$1,596,755$1,209,647$2,653,839
57$3,929,772$1,588,257$1,163,432$2,783,084
58$4,241,138$1,576,611$1,112,936$2,923,368
59$4,581,445$1,561,575$1,057,930$3,075,844
60$4,953,556$1,542,896$998,174$3,241,789
61$5,360,624$1,520,303$933,418$3,422,615
62$5,806,119$1,493,509$863,399$3,619,885
63$6,293,864$1,462,213$787,844$3,835,326
64$6,828,069$1,426,091$706,467$4,070,847
65$7,413,367$1,384,805$618,969$4,328,561
66$8,054,864$1,337,994$525,038$4,610,802
67$8,758,182$1,285,277$424,348$4,920,150
68$9,529,513$1,226,252$316,560$5,259,457
69$10,375,676$1,160,491$201,317$5,631,874
70$11,304,183$1,087,544$78,250$6,040,884
71$12,323,309$1,006,933$0$6,490,335
72$13,442,169$918,154$0$6,995,237
73$14,670,801$820,675$0$7,567,153
74$16,020,265$713,931$0$8,195,474
75$17,502,747$597,328$0$8,886,017
76$19,131,666$470,236$0$9,645,200
77$20,921,809$331,991$0$10,480,102
78$22,889,467$181,892$0$11,398,538
79$25,052,585$19,197$0$12,409,125
80$27,430,936$0$0$13,521,374
81$30,046,303$0$0$14,807,918
82$32,922,685$0$0$16,231,417
83$36,086,526$0$0$17,797,375
84$39,566,959$0$0$19,520,237
85$43,396,083$0$0$21,415,918
86$47,609,267$0$0$23,501,953
87$52,245,480$0$0$25,797,665
88$57,347,658$0$0$28,324,343
89$62,963,113$0$0$31,105,445
90$69,143,973$0$0$34,166,817
91$75,947,676$0$0$37,536,941
92$83,437,515$0$0$41,247,199
93$91,683,228$0$0$45,332,169
94$100,761,658$0$0$49,829,956
95$110,757,480$0$0$54,782,546
96$121,763,998$0$0$60,236,202
97$133,884,022$0$0$66,241,905
98$147,230,841$0$0$72,855,830
99$161,929,292$0$0$80,139,880
100$178,116,932$0$0$88,162,264