I’m 44 with $1.3 million in my 401(k) — can I stop contributing and still retire in 15 years?

Core Insights - A Reddit user with $1.3 million saved at age 44 questions the necessity of continuing 401(k) contributions, as the expected growth from compound interest may exceed the benefits of additional investments [2][4] Investment Analysis - The user aims to retire at 59.5 and hopes to generate at least $100,000 annually from retirement savings [2] - Following the revised 3.7% withdrawal rule, a nest egg of approximately $2,703,000 is required to achieve the desired annual income [3][6] - With a projected 7% annual return, the user's current savings could grow to $3,586,741 by retirement age, exceeding the target and potentially providing an annual income of around $132,709 [4][6] Contribution Considerations - Stopping 401(k) contributions may result in losing employer matching funds and tax deductions, which are significant benefits of the account [6][7] - Continuing to contribute, even a modest amount like $500 monthly, could increase the retirement savings to approximately $3,737,515, enhancing financial security in retirement [8]