Worked example
Can I retire at 44 with £400k?
On its own, £400k split as a pension plus a smaller ISA doesn't stretch far enough to retire at 44: even on £15k a year the accessible savings run dry around age 50, before the pension can be drawn at 55. You'd need a bigger bridging pot, a later date, or more guaranteed income.
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The example we modelled
A single person retiring at 44 today with a £400k pot, split so the pension is the bulk of the money. All figures are in today’s money (real terms).
The result at £15k a year
Even the lowest spending level we tested runs short — here is what that looks like.
How far £400k stretches at different spending levels
The same pot, retiring at 44, tested from £15k to £60k of annual spending.
| Annual spending | Verdict | Money lasts | Left at 95 |
|---|---|---|---|
| £15,000 | Run-out | Runs out at 50 | £2,767,275 |
| £20,000 | Run-out | Runs out at 48 | £1,968,277 |
| £30,000 | Run-out | Runs out at 46 | £370,280 |
| £40,000 | Run-out | Runs out at 75 | £0 |
| £50,000 | Run-out | Runs out at 66 | £0 |
| £60,000 | Run-out | Runs out at 63 | £0 |
Year-by-year projection at £15k a year
Projected balances every five years, in today’s money. Spending includes your State Pension once it starts at 67, so the amount drawn from your savings drops from then on.
| Age | Spending | State Pension | Drawn from savings | Pot value |
|---|---|---|---|---|
| 44 | £15,000 | £0 | £15,000 | £405,000 |
| 49 | £15,000 | £0 | £15,000 | £434,010 |
| 54 | £15,000 | £0 | £0 | £547,309 |
| 59 | £15,000 | £0 | £15,608 | £612,279 |
| 64 | £15,000 | £0 | £15,608 | £695,199 |
| 69 | £15,000 | £11,502 | £4,106 | £837,288 |
| 74 | £15,000 | £11,502 | £4,106 | £1,045,930 |
| 79 | £15,000 | £11,502 | £4,106 | £1,312,215 |
| 84 | £15,000 | £11,502 | £4,106 | £1,652,071 |
| 89 | £15,000 | £11,502 | £4,106 | £2,085,822 |
| 94 | £15,000 | £11,502 | £4,106 | £2,639,410 |
| 95 | £15,000 | £11,502 | £4,106 | £2,767,275 |
Illustrative only, using fixed assumptions. Investment returns are not guaranteed and your own tax, income and circumstances will differ. Not regulated financial advice.
Try it with your own numbers
LiveThis runs the real planner engine right here in your browser. Change your pots and monthly saving and watch the answer for retiring at 44 update instantly.
Your pot keeps growing right to the end
Projected pot (today's money)
Retiring at 44 with a different pot
Retiring with £400k at a different age
Frequently asked questions
Can I retire at 44 with £400k?
On its own, £400k split as a pension plus a smaller ISA doesn't stretch far enough to retire at 44: even on £15k a year the accessible savings run dry around age 50, before the pension can be drawn at 55. You'd need a bigger bridging pot, a later date, or more guaranteed income. These figures assume £400k split as £320k in a pension and £80k in an ISA, £11,502 of State Pension from age 67, and around 5% investment growth a year above inflation.
How much can I spend a year if I retire at 44 with £400k?
Even £15k a year runs short before age 95 on these assumptions. The table shows exactly when the money runs out at each spending level — you'd need lower spending, more income, or a later retirement date to close the gap.
Can I access my pension at 44?
Not yet. The earliest you can normally take a private or workplace pension is age 55 (rising to 57 in April 2028). Retiring at 44 means bridging the 11 years until then from ISAs and other savings — which is why the ISA slice of the pot matters so much at this age.
Are these numbers financial advice?
No. This is an illustrative worked example from a free planning tool, using fixed assumptions about growth, inflation, tax and the State Pension. Your own situation — other pensions, a partner, different returns — will change the answer. Open the planner to run it with your real figures.