Can I retire at age 44 with 390,000?

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 $390,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.7%
1 years$32,206$31,919$31,639$31,366$31,099$29,889
2 years$15,943$15,647$15,359$15,080$14,809$13,604
3 years$10,523$10,225$9,938$9,662$9,396$8,234
4 years$7,814$7,517$7,232$6,961$6,701$5,592
5 years$6,189$5,893$5,613$5,347$5,094$4,040
6 years$5,105$4,812$4,536$4,276$4,031$3,033
7 years$4,332$4,041$3,769$3,515$3,278$2,336
8 years$3,752$3,464$3,197$2,949$2,719$1,832
9 years$3,302$3,016$2,753$2,512$2,290$1,456
10 years$2,941$2,659$2,400$2,165$1,951$1,169
11 years$2,647$2,367$2,113$1,884$1,678$945
12 years$2,401$2,124$1,875$1,653$1,454$769
13 years$2,194$1,920$1,676$1,459$1,268$629
14 years$2,016$1,745$1,506$1,295$1,112$517
15 years$1,862$1,594$1,359$1,155$979$425
16 years$1,728$1,463$1,232$1,034$865$351
17 years$1,609$1,347$1,121$929$767$291
18 years$1,504$1,245$1,024$838$682$241
19 years$1,410$1,154$937$757$608$200
20 years$1,325$1,072$860$685$543$166
21 years$1,249$998$791$622$486$138
22 years$1,180$932$729$566$436$115
23 years$1,117$872$673$515$391$96
24 years$1,059$817$623$470$351$80
25 years$1,005$766$577$429$316$66
26 years$956$720$535$392$285$55
27 years$911$678$497$359$257$46
28 years$869$639$462$329$232$39
29 years$830$603$430$302$209$32
30 years$794$569$400$277$189$27
31 years$760$538$373$254$171$22
32 years$728$509$348$234$155$19
33 years$698$482$325$215$140$16
34 years$670$457$304$198$127$13
35 years$644$433$284$182$115$11
36 years$619$411$266$168$104$9
37 years$596$391$249$154$94$8
38 years$574$371$233$142$85$6
39 years$553$353$218$131$77$5
40 years$533$336$204$121$70$4
41 years$514$320$192$112$64$4
42 years$497$305$180$103$58$3
43 years$480$290$169$95$52$3
44 years$463$277$158$88$48$2
45 years$448$264$149$81$43$2
46 years$433$252$140$75$39$2
47 years$419$240$131$69$36$1
48 years$406$229$123$64$32$1
49 years$393$219$116$59$29$1
50 years$381$209$109$55$27$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $390,000, adding $5,119 every year, while hoping to spend $27,557 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: 61/17/22 Blend
43$390,000$390,000$390,000$390,000
44$435,060$414,390$408,345$458,788
45$450,116$405,375$392,704$466,441
46$465,784$394,994$375,616$471,309
47$482,097$383,152$357,002$476,005
48$499,091$369,747$336,783$480,518
49$516,806$354,672$314,872$484,835
50$535,281$337,812$291,181$488,943
51$554,563$319,048$265,619$492,830
52$574,699$298,251$238,087$496,484
53$595,741$275,289$208,486$499,892
54$617,745$250,017$176,709$503,045
55$640,773$222,286$142,647$505,930
56$664,891$191,937$106,185$508,538
57$690,170$158,801$67,202$510,859
58$716,687$122,702$25,572$512,886
59$744,526$83,452$0$514,612
60$773,779$40,853$0$520,458
61$804,546$0$0$532,688
62$836,933$0$0$546,320
63$871,060$0$0$568,748
64$907,053$0$0$592,414
65$945,052$0$0$617,412
66$985,210$0$0$643,845
67$1,027,693$0$0$671,822
68$1,072,681$0$0$701,465
69$1,120,374$0$0$732,907
70$1,170,987$0$0$766,293
71$1,224,757$0$0$801,781
72$1,281,944$0$0$839,545
73$1,342,829$0$0$879,773
74$1,407,723$0$0$922,675
75$1,476,967$0$0$968,478
76$1,550,932$0$0$1,017,431
77$1,630,025$0$0$1,069,807
78$1,714,694$0$0$1,125,907
79$1,805,429$0$0$1,186,058
80$1,902,768$0$0$1,250,623
81$2,007,301$0$0$1,319,995
82$2,119,676$0$0$1,394,611
83$2,240,603$0$0$1,474,947
84$2,370,863$0$0$1,561,527
85$2,511,314$0$0$1,654,926
86$2,662,897$0$0$1,755,777
87$2,826,649$0$0$1,864,774
88$3,003,705$0$0$1,982,681
89$3,195,316$0$0$2,110,337
90$3,402,856$0$0$2,248,664
91$3,627,836$0$0$2,398,678
92$3,871,918$0$0$2,561,494
93$4,136,928$0$0$2,738,339
94$4,424,877$0$0$2,930,562
95$4,737,975$0$0$3,139,649
96$5,078,654$0$0$3,367,233
97$5,449,591$0$0$3,615,112
98$5,853,731$0$0$3,885,264
99$6,294,313$0$0$4,179,866
100$6,774,905$0$0$4,501,314