Can I retire at age 44 with 490,000?

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 $490,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18%
1 years$40,464$40,103$39,752$39,408$39,073$37,807
2 years$20,032$19,658$19,297$18,946$18,606$17,343
3 years$13,222$12,847$12,486$12,139$11,805$10,583
4 years$9,817$9,444$9,087$8,746$8,419$7,249
5 years$7,775$7,404$7,052$6,717$6,400$5,285
6 years$6,415$6,046$5,699$5,372$5,064$4,004
7 years$5,443$5,077$4,736$4,417$4,119$3,114
8 years$4,714$4,352$4,016$3,705$3,417$2,467
9 years$4,148$3,789$3,459$3,156$2,877$1,981
10 years$3,695$3,340$3,016$2,720$2,452$1,607
11 years$3,325$2,974$2,655$2,368$2,109$1,315
12 years$3,017$2,669$2,356$2,077$1,827$1,082
13 years$2,756$2,412$2,105$1,833$1,593$896
14 years$2,533$2,192$1,892$1,627$1,397$744
15 years$2,340$2,003$1,708$1,451$1,230$620
16 years$2,171$1,838$1,548$1,300$1,087$518
17 years$2,022$1,692$1,409$1,168$964$434
18 years$1,890$1,564$1,286$1,052$857$364
19 years$1,772$1,449$1,177$951$764$306
20 years$1,665$1,347$1,081$861$682$258
21 years$1,569$1,254$994$782$610$217
22 years$1,482$1,171$916$711$547$183
23 years$1,403$1,095$846$647$491$155
24 years$1,330$1,026$782$590$442$131
25 years$1,263$963$725$539$397$110
26 years$1,202$905$672$493$358$93
27 years$1,145$852$624$451$323$79
28 years$1,092$803$580$413$291$67
29 years$1,043$757$540$379$263$56
30 years$997$715$503$348$238$48
31 years$955$676$469$319$215$40
32 years$915$640$437$294$194$34
33 years$878$606$408$270$176$29
34 years$842$574$382$248$159$25
35 years$809$544$357$229$144$21
36 years$778$517$334$211$131$18
37 years$749$491$312$194$118$15
38 years$721$466$292$179$107$13
39 years$695$444$274$165$97$11
40 years$670$422$257$152$88$9
41 years$646$402$241$140$80$8
42 years$624$383$226$130$73$7
43 years$603$365$212$120$66$6
44 years$582$347$199$110$60$5
45 years$563$331$187$102$54$4
46 years$544$316$175$94$49$3
47 years$527$302$165$87$45$3
48 years$510$288$155$80$41$2
49 years$494$275$146$74$37$2
50 years$478$263$137$69$34$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $490,000, adding $3,578 every year, while hoping to spend $22,056 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: 62/14/24 Blend
43$490,000$490,000$490,000$490,000
44$543,671$517,701$510,106$573,725
45$575,658$519,601$503,727$596,399
46$610,168$520,854$496,395$618,401
47$647,436$521,407$488,055$641,936
48$687,719$521,200$478,649$667,157
49$731,299$520,172$468,117$694,233
50$778,488$518,257$456,395$723,351
51$829,627$515,384$443,417$754,718
52$885,091$511,481$429,114$788,562
53$945,295$506,467$413,414$825,136
54$1,010,691$500,261$396,240$864,721
55$1,081,781$492,773$377,513$907,624
56$1,159,114$483,911$357,151$954,188
57$1,243,296$473,574$335,068$1,004,789
58$1,334,991$461,658$311,172$1,059,846
59$1,434,933$448,052$285,369$1,119,818
60$1,543,928$432,638$257,560$1,185,216
61$1,662,863$415,292$227,643$1,256,601
62$1,792,715$395,882$195,509$1,334,595
63$1,934,560$374,268$161,047$1,419,885
64$2,089,581$350,303$124,138$1,513,228
65$2,259,082$323,832$84,660$1,615,462
66$2,444,498$294,688$42,485$1,727,512
67$2,647,407$262,699$0$1,850,397
68$2,869,552$227,680$0$1,985,893
69$3,112,846$189,436$0$2,146,248
70$3,379,400$147,763$0$2,321,984
71$3,671,538$102,442$0$2,514,656
72$3,991,818$53,245$0$2,725,978
73$4,343,058$0$0$2,957,839
74$4,728,364$0$0$3,212,335
75$5,151,154$0$0$3,500,626
76$5,615,194$0$0$3,817,083
77$6,124,632$0$0$4,164,539
78$6,684,039$0$0$4,546,117
79$7,298,448$0$0$4,965,254
80$7,973,406$0$0$5,425,740
81$8,715,020$0$0$5,931,747
82$9,530,021$0$0$6,487,873
83$10,425,823$0$0$7,099,183
84$11,410,595$0$0$7,771,258
85$12,493,335$0$0$8,510,245
86$13,683,960$0$0$9,322,917
87$14,993,392$0$0$10,216,738
88$16,433,666$0$0$11,199,930
89$18,018,043$0$0$12,281,551
90$19,761,133$0$0$13,471,583
91$21,679,034$0$0$14,781,024
92$23,789,481$0$0$16,221,992
93$26,112,019$0$0$17,807,836
94$28,668,180$0$0$19,553,270
95$31,481,691$0$0$21,474,503
96$34,578,694$0$0$23,589,396
97$37,987,997$0$0$25,917,629
98$41,741,340$0$0$28,480,889
99$45,873,700$0$0$31,303,070
100$50,423,614$0$0$34,410,504