Can I retire at age 44 with 450,000?

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 $450,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$37,161$36,830$36,507$36,191$35,884$35,377
2 years$18,396$18,054$17,722$17,400$17,087$16,578
3 years$12,142$11,798$11,467$11,148$10,841$10,344
4 years$9,016$8,673$8,345$8,032$7,732$7,252
5 years$7,141$6,800$6,476$6,169$5,878$5,416
6 years$5,891$5,552$5,234$4,933$4,651$4,208
7 years$4,999$4,663$4,349$4,056$3,782$3,358
8 years$4,330$3,997$3,688$3,403$3,138$2,733
9 years$3,810$3,480$3,177$2,898$2,642$2,256
10 years$3,394$3,068$2,770$2,498$2,252$1,884
11 years$3,054$2,731$2,438$2,174$1,936$1,587
12 years$2,771$2,451$2,164$1,907$1,678$1,346
13 years$2,531$2,215$1,933$1,684$1,463$1,148
14 years$2,326$2,013$1,737$1,495$1,283$984
15 years$2,149$1,839$1,568$1,333$1,129$847
16 years$1,994$1,688$1,422$1,193$998$732
17 years$1,857$1,554$1,294$1,072$885$634
18 years$1,735$1,436$1,181$966$787$550
19 years$1,627$1,331$1,081$873$701$479
20 years$1,529$1,237$992$791$627$417
21 years$1,441$1,152$913$718$561$364
22 years$1,361$1,075$841$653$503$318
23 years$1,288$1,006$777$594$451$278
24 years$1,222$942$718$542$405$244
25 years$1,160$884$665$495$365$214
26 years$1,104$831$617$453$329$187
27 years$1,051$782$573$414$296$164
28 years$1,003$737$533$380$267$144
29 years$958$695$496$348$241$127
30 years$916$657$462$319$218$112
31 years$877$621$430$293$197$98
32 years$840$587$402$270$178$86
33 years$806$556$375$248$161$76
34 years$774$527$350$228$146$67
35 years$743$500$328$210$132$59
36 years$715$475$306$193$120$52
37 years$688$451$287$178$109$46
38 years$662$428$269$164$99$40
39 years$638$407$252$151$89$35
40 years$615$388$236$140$81$31
41 years$594$369$221$129$74$27
42 years$573$351$207$119$67$24
43 years$553$335$195$110$61$21
44 years$535$319$183$101$55$19
45 years$517$304$172$94$50$17
46 years$500$290$161$86$45$15
47 years$484$277$151$80$41$13
48 years$468$264$142$74$37$11
49 years$454$253$134$68$34$10
50 years$439$241$126$63$31$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $450,000, adding $6,942 every year, while hoping to spend $23,813 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: 59/30/11 Blend
43$450,000$450,000$450,000$450,000
44$503,061$479,211$472,236$531,011
45$529,036$477,355$462,719$548,787
46$556,863$474,611$452,085$564,870
47$586,705$470,908$440,271$581,829
48$618,741$466,175$427,213$599,751
49$653,169$460,335$412,841$618,732
50$690,206$453,304$397,085$638,880
51$730,088$444,997$379,868$660,312
52$773,077$435,322$361,114$683,161
53$819,459$424,181$340,739$707,573
54$869,549$411,471$318,659$733,711
55$923,693$397,084$294,785$761,756
56$982,272$380,903$269,022$791,907
57$1,045,703$362,806$241,273$824,387
58$1,114,446$342,665$211,438$859,443
59$1,189,006$320,342$179,408$897,349
60$1,269,939$295,694$145,073$938,406
61$1,357,857$268,567$108,317$982,953
62$1,453,432$238,800$69,018$1,031,362
63$1,557,403$206,222$27,051$1,084,044
64$1,670,584$170,653$0$1,141,459
65$1,793,871$131,903$0$1,206,194
66$1,928,249$89,769$0$1,280,253
67$2,074,803$44,040$0$1,361,094
68$2,234,726$0$0$1,449,425
69$2,409,333$0$0$1,547,843
70$2,600,070$0$0$1,671,268
71$2,808,529$0$0$1,806,198
72$3,036,463$0$0$1,953,770
73$3,285,802$0$0$2,115,241
74$3,558,673$0$0$2,291,990
75$3,857,414$0$0$2,485,540
76$4,184,603$0$0$2,697,563
77$4,543,078$0$0$2,929,906
78$4,935,964$0$0$3,184,600
79$5,366,703$0$0$3,463,881
80$5,839,087$0$0$3,770,214
81$6,357,291$0$0$4,106,313
82$6,925,914$0$0$4,475,168
83$7,550,023$0$0$4,880,071
84$8,235,197$0$0$5,324,651
85$8,987,583$0$0$5,812,901
86$9,813,954$0$0$6,349,226
87$10,721,767$0$0$6,938,472
88$11,719,242$0$0$7,585,983
89$12,815,430$0$0$8,297,643
90$14,020,306$0$0$9,079,937
91$15,344,857$0$0$9,940,006
92$16,801,188$0$0$10,885,720
93$18,402,636$0$0$11,925,750
94$20,163,895$0$0$13,069,649
95$22,101,154$0$0$14,327,940
96$24,232,251$0$0$15,712,220
97$26,576,839$0$0$17,235,266
98$29,156,571$0$0$18,911,156
99$31,995,305$0$0$20,755,400
100$35,119,331$0$0$22,785,088