Can I retire at age 44 with 330,000?

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 $330,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.4%
1 years$27,251$27,008$26,772$26,540$26,315$25,523
2 years$13,491$13,239$12,996$12,760$12,531$11,740
3 years$8,904$8,652$8,409$8,175$7,950$7,185
4 years$6,612$6,360$6,120$5,890$5,670$4,936
5 years$5,237$4,986$4,749$4,524$4,310$3,610
6 years$4,320$4,072$3,838$3,618$3,411$2,744
7 years$3,666$3,420$3,189$2,974$2,774$2,142
8 years$3,175$2,931$2,705$2,495$2,301$1,702
9 years$2,794$2,552$2,330$2,125$1,938$1,372
10 years$2,489$2,250$2,031$1,832$1,651$1,118
11 years$2,239$2,003$1,788$1,594$1,420$918
12 years$2,032$1,797$1,587$1,399$1,231$758
13 years$1,856$1,624$1,418$1,235$1,073$630
14 years$1,706$1,477$1,274$1,096$941$526
15 years$1,576$1,349$1,150$977$828$440
16 years$1,462$1,238$1,043$875$732$369
17 years$1,362$1,140$949$786$649$311
18 years$1,273$1,053$866$709$577$262
19 years$1,193$976$793$640$514$221
20 years$1,122$907$728$580$459$187
21 years$1,057$845$669$526$411$158
22 years$998$789$617$479$369$134
23 years$945$738$570$436$331$114
24 years$896$691$527$398$297$97
25 years$851$649$488$363$268$82
26 years$809$610$453$332$241$70
27 years$771$574$420$304$217$59
28 years$735$541$391$278$196$50
29 years$702$510$364$255$177$43
30 years$672$482$339$234$160$36
31 years$643$455$316$215$145$31
32 years$616$431$295$198$131$26
33 years$591$408$275$182$118$22
34 years$567$387$257$167$107$19
35 years$545$367$240$154$97$16
36 years$524$348$225$142$88$14
37 years$504$331$210$131$80$12
38 years$486$314$197$120$72$10
39 years$468$299$185$111$66$9
40 years$451$284$173$102$59$7
41 years$435$271$162$95$54$6
42 years$420$258$152$87$49$5
43 years$406$246$143$81$44$4
44 years$392$234$134$74$40$4
45 years$379$223$126$69$37$3
46 years$367$213$118$63$33$3
47 years$355$203$111$59$30$2
48 years$343$194$104$54$27$2
49 years$333$185$98$50$25$2
50 years$322$177$92$46$23$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $330,000, adding $4,127 every year, while hoping to spend $23,573 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: 43/35/22 Blend
43$330,000$330,000$330,000$330,000
44$367,917$350,427$345,312$381,223
45$380,363$342,516$331,798$383,150
46$393,289$333,428$317,042$382,637
47$406,717$323,080$300,977$381,604
48$420,675$311,383$283,532$380,015
49$435,190$298,247$264,636$377,833
50$450,291$283,572$244,213$375,018
51$466,009$267,256$222,183$371,530
52$482,379$249,189$198,463$367,325
53$499,437$229,255$172,967$362,360
54$517,223$207,331$145,604$356,586
55$535,778$183,289$116,280$349,956
56$555,149$156,991$84,897$342,417
57$575,384$128,293$51,351$333,918
58$596,536$97,043$15,535$324,403
59$618,664$63,079$0$313,814
60$641,830$26,232$0$307,419
61$666,100$0$0$304,066
62$691,547$0$0$305,339
63$718,252$0$0$317,289
64$746,301$0$0$329,853
65$775,786$0$0$343,076
66$806,809$0$0$357,003
67$839,481$0$0$371,688
68$873,923$0$0$387,186
69$910,265$0$0$403,559
70$948,651$0$0$420,874
71$989,237$0$0$439,203
72$1,032,194$0$0$458,628
73$1,077,706$0$0$479,234
74$1,125,978$0$0$501,118
75$1,177,232$0$0$524,383
76$1,231,711$0$0$549,144
77$1,289,679$0$0$575,526
78$1,351,429$0$0$603,665
79$1,417,279$0$0$633,712
80$1,487,578$0$0$665,831
81$1,562,708$0$0$700,201
82$1,643,088$0$0$737,020
83$1,729,179$0$0$776,506
84$1,821,482$0$0$818,894
85$1,920,553$0$0$864,446
86$2,026,997$0$0$913,448
87$2,141,480$0$0$966,215
88$2,264,735$0$0$1,023,091
89$2,397,563$0$0$1,084,456
90$2,540,847$0$0$1,150,725
91$2,695,557$0$0$1,222,357
92$2,862,756$0$0$1,299,855
93$3,043,616$0$0$1,383,772
94$3,239,422$0$0$1,474,714
95$3,451,589$0$0$1,573,352
96$3,681,672$0$0$1,680,419
97$3,931,382$0$0$1,796,725
98$4,202,598$0$0$1,923,158
99$4,497,391$0$0$2,060,698
100$4,818,035$0$0$2,210,420