Can I retire at age 44 with 510,000?

Use the below retirement simulation to view the chances of a successful retirement.
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 $510,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$42,115$41,740$41,374$41,017$40,668$40,077
2 years$20,849$20,461$20,085$19,720$19,366$18,771
3 years$13,761$13,371$12,996$12,635$12,286$11,707
4 years$10,218$9,829$9,458$9,103$8,763$8,203
5 years$8,093$7,706$7,340$6,992$6,661$6,123
6 years$6,676$6,293$5,932$5,591$5,271$4,755
7 years$5,665$5,285$4,929$4,597$4,287$3,793
8 years$4,907$4,530$4,180$3,856$3,556$3,085
9 years$4,317$3,944$3,600$3,285$2,995$2,545
10 years$3,846$3,477$3,139$2,831$2,552$2,124
11 years$3,461$3,095$2,764$2,464$2,195$1,788
12 years$3,140$2,778$2,453$2,161$1,902$1,515
13 years$2,869$2,510$2,191$1,908$1,658$1,292
14 years$2,637$2,282$1,969$1,694$1,454$1,107
15 years$2,435$2,085$1,778$1,511$1,280$952
16 years$2,259$1,913$1,612$1,353$1,131$822
17 years$2,104$1,761$1,466$1,215$1,003$711
18 years$1,967$1,628$1,339$1,095$892$617
19 years$1,844$1,508$1,226$990$795$536
20 years$1,733$1,402$1,125$896$710$467
21 years$1,633$1,306$1,035$813$635$407
22 years$1,543$1,219$953$740$570$356
23 years$1,460$1,140$880$674$511$311
24 years$1,384$1,068$814$614$460$272
25 years$1,315$1,002$754$561$414$238
26 years$1,251$942$699$513$372$209
27 years$1,192$887$649$470$336$183
28 years$1,137$835$604$430$303$161
29 years$1,086$788$562$395$274$141
30 years$1,038$744$523$362$247$124
31 years$994$704$488$333$224$109
32 years$952$666$455$306$202$96
33 years$913$630$425$281$183$84
34 years$877$598$397$259$166$74
35 years$842$567$371$238$150$65
36 years$810$538$347$219$136$57
37 years$779$511$325$202$123$50
38 years$751$486$304$186$112$44
39 years$723$462$285$172$101$39
40 years$697$439$267$158$92$34
41 years$673$418$251$146$83$30
42 years$649$398$235$135$76$27
43 years$627$379$221$124$69$23
44 years$606$362$207$115$62$21
45 years$586$345$194$106$57$18
46 years$567$329$183$98$51$16
47 years$548$314$172$91$47$14
48 years$531$300$161$84$42$12
49 years$514$286$152$77$38$11
50 years$498$273$143$71$35$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $510,000, adding $3,384 every year, while hoping to spend $25,334 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: 61/32/7 Blend
43$510,000$510,000$510,000$510,000
44$565,511$538,481$530,576$599,009
45$596,237$537,911$521,395$621,252
46$629,249$536,464$511,057$642,278
47$664,753$534,071$499,497$664,575
48$702,974$530,657$486,647$688,265
49$744,162$526,144$472,434$713,483
50$788,590$520,448$456,784$740,382
51$836,558$513,482$439,618$769,126
52$888,396$505,152$420,855$799,901
53$944,466$495,358$400,407$832,911
54$1,005,168$483,997$378,187$868,381
55$1,070,939$470,956$354,100$906,564
56$1,142,260$456,118$328,048$947,735
57$1,219,662$439,360$299,929$992,202
58$1,303,727$420,548$269,636$1,040,304
59$1,395,095$399,543$237,057$1,092,419
60$1,494,473$376,199$202,077$1,148,961
61$1,602,635$350,358$164,572$1,210,390
62$1,720,435$321,857$124,416$1,277,218
63$1,848,812$290,521$81,477$1,350,005
64$1,988,800$256,165$35,615$1,429,376
65$2,141,536$218,595$0$1,516,020
66$2,308,272$177,606$0$1,611,694
67$2,490,386$132,979$0$1,719,147
68$2,689,397$84,486$0$1,836,661
69$2,906,973$31,884$0$1,965,277
70$3,144,955$0$0$2,106,144
71$3,405,368$0$0$2,269,367
72$3,690,440$0$0$2,460,375
73$4,002,629$0$0$2,669,592
74$4,344,637$0$0$2,898,833
75$4,719,443$0$0$3,150,101
76$5,130,327$0$0$3,425,600
77$5,580,899$0$0$3,727,756
78$6,075,140$0$0$4,059,243
79$6,617,430$0$0$4,423,007
80$7,212,596$0$0$4,822,291
81$7,865,956$0$0$5,260,668
82$8,583,364$0$0$5,742,074
83$9,371,274$0$0$6,270,846
84$10,236,791$0$0$6,851,759
85$11,187,744$0$0$7,490,077
86$12,232,759$0$0$8,191,594
87$13,381,338$0$0$8,962,699
88$14,643,947$0$0$9,810,427
89$16,032,121$0$0$10,742,529
90$17,558,565$0$0$11,767,546
91$19,237,279$0$0$12,894,887
92$21,083,684$0$0$14,134,918
93$23,114,776$0$0$15,499,063
94$25,349,276$0$0$16,999,906
95$27,807,814$0$0$18,651,312
96$30,513,120$0$0$20,468,561
97$33,490,238$0$0$22,468,485
98$36,766,763$0$0$24,669,635
99$40,373,099$0$0$27,092,446
100$44,342,750$0$0$29,759,439