Can I retire at age 44 with 440,000?

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 $440,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.7%
1 years$36,335$36,011$35,695$35,387$35,086$34,127
2 years$17,988$17,653$17,328$17,013$16,708$15,749
3 years$11,873$11,536$11,212$10,900$10,600$9,671
4 years$8,816$8,480$8,160$7,853$7,560$6,668
5 years$6,982$6,649$6,332$6,032$5,747$4,894
6 years$5,760$5,429$5,117$4,824$4,547$3,735
7 years$4,887$4,559$4,253$3,966$3,698$2,926
8 years$4,233$3,908$3,607$3,327$3,068$2,336
9 years$3,725$3,403$3,106$2,834$2,584$1,891
10 years$3,318$2,999$2,708$2,443$2,201$1,547
11 years$2,986$2,670$2,384$2,126$1,893$1,276
12 years$2,709$2,397$2,116$1,865$1,641$1,059
13 years$2,475$2,166$1,890$1,646$1,431$884
14 years$2,275$1,969$1,699$1,461$1,254$741
15 years$2,101$1,798$1,534$1,303$1,104$624
16 years$1,949$1,650$1,390$1,167$976$526
17 years$1,816$1,520$1,265$1,049$865$445
18 years$1,697$1,404$1,155$945$769$377
19 years$1,591$1,301$1,057$854$686$320
20 years$1,495$1,209$970$773$613$272
21 years$1,409$1,126$893$702$548$232
22 years$1,331$1,051$823$638$491$197
23 years$1,260$983$760$581$441$168
24 years$1,194$921$702$530$396$144
25 years$1,134$865$651$484$357$123
26 years$1,079$813$603$443$321$105
27 years$1,028$765$560$405$290$89
28 years$981$721$521$371$261$76
29 years$937$680$485$340$236$65
30 years$896$642$452$312$213$56
31 years$857$607$421$287$193$48
32 years$822$574$393$264$174$41
33 years$788$544$367$242$158$35
34 years$756$515$343$223$143$30
35 years$727$489$320$205$129$26
36 years$699$464$300$189$117$22
37 years$672$441$280$174$106$19
38 years$648$419$263$161$96$16
39 years$624$398$246$148$87$14
40 years$602$379$231$137$79$12
41 years$580$361$216$126$72$10
42 years$560$344$203$116$65$9
43 years$541$327$190$107$59$7
44 years$523$312$179$99$54$6
45 years$505$298$168$92$49$5
46 years$489$284$158$85$44$5
47 years$473$271$148$78$40$4
48 years$458$259$139$72$37$3
49 years$443$247$131$67$33$3
50 years$430$236$123$62$30$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $440,000, adding $6,198 every year, while hoping to spend $24,699 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: 47/35/18 Blend
43$440,000$440,000$440,000$440,000
44$491,273$467,953$461,133$511,589
45$515,104$464,603$450,302$523,010
46$540,537$460,262$438,279$532,412
47$567,710$454,853$425,001$542,091
48$596,775$448,299$410,396$552,084
49$627,895$440,515$394,394$562,432
50$661,253$431,413$376,918$573,183
51$697,046$420,898$357,891$584,390
52$735,494$408,870$337,229$596,115
53$776,834$395,225$314,846$608,426
54$821,330$379,850$290,652$621,402
55$869,271$362,627$264,554$635,132
56$920,972$343,432$236,452$649,715
57$976,783$322,132$206,245$665,265
58$1,037,085$298,587$173,825$681,908
59$1,102,300$272,649$139,080$699,786
60$1,172,888$244,163$101,893$719,061
61$1,249,358$212,962$62,142$739,912
62$1,332,269$178,873$19,699$762,540
63$1,422,234$141,712$0$787,171
64$1,519,928$101,282$0$818,974
65$1,626,095$57,380$0$857,672
66$1,741,552$9,786$0$899,821
67$1,867,198$0$0$945,802
68$2,004,022$0$0$1,012,110
69$2,153,112$0$0$1,088,516
70$2,315,668$0$0$1,171,870
71$2,493,006$0$0$1,262,854
72$2,686,579$0$0$1,362,219
73$2,897,984$0$0$1,470,792
74$3,128,979$0$0$1,589,483
75$3,381,501$0$0$1,719,293
76$3,657,682$0$0$1,861,326
77$3,959,867$0$0$2,016,797
78$4,290,643$0$0$2,187,042
79$4,652,853$0$0$2,373,535
80$5,049,633$0$0$2,577,898
81$5,484,434$0$0$2,801,917
82$5,961,056$0$0$3,047,559
83$6,483,685$0$0$3,316,993
84$7,056,933$0$0$3,612,604
85$7,685,877$0$0$3,937,022
86$8,376,112$0$0$4,293,142
87$9,133,797$0$0$4,684,155
88$9,965,722$0$0$5,113,574
89$10,879,361$0$0$5,585,270
90$11,882,952$0$0$6,103,507
91$12,985,566$0$0$6,672,984
92$14,197,200$0$0$7,298,876
93$15,528,864$0$0$7,986,884
94$16,992,689$0$0$8,743,289
95$18,602,041$0$0$9,575,013
96$20,371,644$0$0$10,489,680
97$22,317,721$0$0$11,495,690
98$24,458,144$0$0$12,602,299
99$26,812,608$0$0$13,819,705
100$29,402,808$0$0$15,159,143