Can I retire at age 44 with 460,000?

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 $460,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$37,986$37,648$37,318$36,996$36,681$36,208
2 years$18,805$18,455$18,115$17,786$17,467$16,991
3 years$12,412$12,060$11,722$11,396$11,082$10,618
4 years$9,216$8,866$8,531$8,210$7,904$7,455
5 years$7,299$6,951$6,620$6,306$6,008$5,576
6 years$6,022$5,676$5,350$5,043$4,754$4,339
7 years$5,110$4,767$4,446$4,146$3,866$3,469
8 years$4,426$4,086$3,770$3,478$3,208$2,828
9 years$3,894$3,557$3,247$2,963$2,701$2,339
10 years$3,469$3,136$2,831$2,554$2,302$1,956
11 years$3,122$2,792$2,493$2,223$1,979$1,651
12 years$2,832$2,506$2,212$1,949$1,715$1,403
13 years$2,588$2,264$1,976$1,721$1,496$1,199
14 years$2,378$2,058$1,776$1,528$1,311$1,030
15 years$2,197$1,880$1,603$1,363$1,154$889
16 years$2,038$1,725$1,454$1,220$1,020$769
17 years$1,898$1,589$1,323$1,096$905$667
18 years$1,774$1,468$1,207$988$804$581
19 years$1,663$1,361$1,105$893$717$506
20 years$1,563$1,264$1,014$808$640$442
21 years$1,473$1,178$933$734$573$387
22 years$1,391$1,099$860$667$514$339
23 years$1,317$1,028$794$608$461$297
24 years$1,249$963$734$554$414$261
25 years$1,186$904$680$506$373$229
26 years$1,128$850$631$463$336$201
27 years$1,075$800$586$424$303$177
28 years$1,025$753$545$388$273$156
29 years$979$711$507$356$247$137
30 years$936$671$472$327$223$121
31 years$896$635$440$300$202$107
32 years$859$600$411$276$182$94
33 years$824$569$383$253$165$83
34 years$791$539$358$233$149$73
35 years$760$511$335$215$135$65
36 years$731$485$313$198$123$57
37 years$703$461$293$182$111$50
38 years$677$438$275$168$101$45
39 years$652$416$257$155$91$39
40 years$629$396$241$143$83$35
41 years$607$377$226$132$75$31
42 years$586$359$212$122$68$27
43 years$566$342$199$112$62$24
44 years$547$326$187$104$56$21
45 years$528$311$175$96$51$19
46 years$511$297$165$88$46$17
47 years$495$283$155$82$42$15
48 years$479$270$145$75$38$13
49 years$464$258$137$70$35$11
50 years$449$247$129$64$32$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $460,000, adding $6,289 every year, while hoping to spend $42,229 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: 61/15/24 Blend
43$460,000$460,000$460,000$460,000
44$513,407$489,027$481,897$541,097
45$520,843$468,058$453,109$539,647
46$527,623$444,646$421,942$532,899
47$533,634$418,627$388,270$524,607
48$538,752$389,828$351,965$514,628
49$542,839$358,063$312,890$502,805
50$545,740$323,140$270,904$488,970
51$547,285$284,853$225,858$472,939
52$547,282$242,985$177,599$454,512
53$545,521$197,308$125,964$433,469
54$541,766$147,578$70,786$409,575
55$535,757$93,540$11,888$382,569
56$527,205$34,924$0$352,169
57$515,790$0$0$331,121
58$501,157$0$0$314,847
59$482,913$0$0$301,889
60$460,624$0$0$286,189
61$433,808$0$0$267,424
62$401,931$0$0$245,234
63$364,405$0$0$219,222
64$320,579$0$0$188,950
65$269,730$0$0$153,933
66$211,063$0$0$113,633
67$143,698$0$0$67,459
68$66,661$0$0$14,755
69$0$0$0$0
70$0$0$0$0
71$0$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0