Can I retire at age 44 with 1,460,000?

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 $1,460,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$120,565$119,492$118,444$117,421$116,422$115,640
2 years$59,686$58,574$57,497$56,452$55,439$54,650
3 years$39,395$38,279$37,204$36,170$35,173$34,402
4 years$29,252$28,139$27,075$26,058$25,086$24,338
5 years$23,168$22,061$21,011$20,015$19,070$18,348
6 years$19,113$18,015$16,980$16,006$15,089$14,395
7 years$16,217$15,129$14,111$13,160$12,272$11,604
8 years$14,047$12,968$11,967$11,039$10,180$9,540
9 years$12,360$11,291$10,307$9,403$8,573$7,960
10 years$11,011$9,953$8,986$8,106$7,305$6,718
11 years$9,908$8,860$7,911$7,054$6,283$5,722
12 years$8,989$7,952$7,021$6,188$5,444$4,910
13 years$8,213$7,187$6,273$5,463$4,748$4,238
14 years$7,548$6,532$5,636$4,849$4,162$3,677
15 years$6,972$5,968$5,089$4,325$3,664$3,203
16 years$6,468$5,475$4,614$3,872$3,238$2,801
17 years$6,025$5,042$4,198$3,479$2,871$2,456
18 years$5,631$4,659$3,832$3,135$2,553$2,160
19 years$5,279$4,318$3,508$2,833$2,276$1,904
20 years$4,962$4,013$3,220$2,566$2,033$1,681
21 years$4,676$3,738$2,962$2,329$1,819$1,487
22 years$4,416$3,489$2,730$2,117$1,631$1,317
23 years$4,180$3,263$2,520$1,928$1,464$1,168
24 years$3,963$3,057$2,331$1,759$1,316$1,037
25 years$3,764$2,869$2,159$1,606$1,184$922
26 years$3,581$2,697$2,002$1,469$1,066$821
27 years$3,411$2,538$1,859$1,344$961$731
28 years$3,254$2,391$1,728$1,232$867$651
29 years$3,108$2,256$1,608$1,129$783$580
30 years$2,972$2,131$1,498$1,037$708$518
31 years$2,845$2,014$1,397$952$640$462
32 years$2,726$1,906$1,303$875$579$413
33 years$2,615$1,805$1,217$805$524$368
34 years$2,510$1,710$1,137$740$474$329
35 years$2,412$1,622$1,063$681$430$294
36 years$2,319$1,540$994$628$389$263
37 years$2,231$1,463$931$578$353$235
38 years$2,149$1,390$872$533$320$210
39 years$2,070$1,322$817$491$290$188
40 years$1,996$1,257$765$453$263$168
41 years$1,926$1,197$718$418$239$151
42 years$1,859$1,140$673$386$217$135
43 years$1,795$1,086$632$356$197$121
44 years$1,735$1,035$593$329$178$108
45 years$1,677$987$557$304$162$97
46 years$1,622$942$523$281$147$87
47 years$1,570$899$491$259$134$78
48 years$1,519$858$462$240$121$69
49 years$1,471$819$434$221$110$62
50 years$1,425$783$408$205$100$56

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $1,460,000, adding $3,933 every year, while hoping to spend $48,685 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: 74/15/11 Blend
43$1,460,000$1,460,000$1,460,000$1,460,000
44$1,612,977$1,535,597$1,512,967$1,728,627
45$1,725,700$1,559,041$1,511,851$1,828,945
46$1,848,289$1,582,001$1,509,066$1,932,352
47$1,981,700$1,604,404$1,504,504$2,044,297
48$2,126,981$1,626,169$1,498,054$2,165,613
49$2,285,291$1,647,209$1,489,596$2,297,216
50$2,457,902$1,667,432$1,479,008$2,440,114
51$2,646,213$1,686,742$1,466,160$2,595,421
52$2,851,766$1,705,032$1,450,916$2,764,360
53$3,076,258$1,722,191$1,433,134$2,948,283
54$3,321,558$1,738,099$1,412,665$3,148,677
55$3,589,721$1,752,630$1,389,353$3,367,182
56$3,883,011$1,765,648$1,363,036$3,605,603
57$4,203,922$1,777,008$1,333,541$3,865,933
58$4,555,199$1,786,558$1,300,691$4,150,365
59$4,939,864$1,794,134$1,264,299$4,461,317
60$5,361,245$1,799,562$1,224,169$4,801,455
61$5,823,010$1,802,658$1,180,095$5,173,716
62$6,329,194$1,803,225$1,131,866$5,581,337
63$6,884,244$1,801,056$1,079,256$6,027,887
64$7,493,058$1,795,929$1,022,032$6,517,297
65$8,161,030$1,787,609$959,950$7,053,902
66$8,894,100$1,775,847$892,754$7,642,479
67$9,698,814$1,760,380$820,177$8,288,293
68$10,582,381$1,740,926$741,940$8,997,148
69$11,552,741$1,717,189$657,753$9,775,440
70$12,618,644$1,688,854$567,310$10,630,218
71$13,789,725$1,655,588$470,295$11,569,255
72$15,076,602$1,617,037$366,375$12,601,113
73$16,490,971$1,572,827$255,204$13,735,234
74$18,045,717$1,522,562$136,420$14,982,022
75$19,755,036$1,465,824$9,646$16,352,944
76$21,634,568$1,402,168$0$17,860,641
77$23,701,545$1,331,125$0$19,533,791
78$25,974,951$1,252,199$0$21,375,170
79$28,475,704$1,164,864$0$23,400,619
80$31,226,851$1,068,567$0$25,628,844
81$34,253,782$962,719$0$28,080,460
82$37,584,477$846,702$0$30,778,184
83$41,249,763$719,859$0$33,747,053
84$45,283,605$581,499$0$37,014,656
85$49,723,430$430,889$0$40,611,397
86$54,610,475$267,258$0$44,570,784
87$59,990,179$89,790$0$48,929,742
88$65,912,610$0$0$53,728,966
89$72,432,938$0$0$59,030,199
90$79,611,952$0$0$64,883,363
91$87,516,637$0$0$71,328,260
92$96,220,804$0$0$78,425,080
93$105,805,787$0$0$86,240,149
94$116,361,208$0$0$94,846,549
95$127,985,823$0$0$104,324,814
96$140,788,456$0$0$114,763,686
97$154,889,022$0$0$126,260,951
98$170,419,660$0$0$138,924,365
99$187,525,980$0$0$152,872,669
100$206,368,435$0$0$168,236,707