Can I retire at age 44 with 520,000?

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 $520,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.6%
1 years$42,941$42,559$42,185$41,821$41,466$40,186
2 years$21,258$20,862$20,478$20,106$19,745$18,468
3 years$14,031$13,634$13,251$12,882$12,527$11,292
4 years$10,419$10,022$9,643$9,281$8,935$7,750
5 years$8,251$7,857$7,484$7,129$6,792$5,662
6 years$6,807$6,416$6,048$5,701$5,374$4,299
7 years$5,776$5,388$5,026$4,687$4,371$3,351
8 years$5,003$4,619$4,262$3,932$3,626$2,661
9 years$4,402$4,021$3,671$3,349$3,054$2,142
10 years$3,922$3,545$3,201$2,887$2,602$1,742
11 years$3,529$3,156$2,818$2,512$2,238$1,429
12 years$3,202$2,832$2,501$2,204$1,939$1,179
13 years$2,925$2,560$2,234$1,946$1,691$979
14 years$2,688$2,327$2,007$1,727$1,482$815
15 years$2,483$2,125$1,812$1,540$1,305$681
16 years$2,304$1,950$1,643$1,379$1,153$571
17 years$2,146$1,796$1,495$1,239$1,023$480
18 years$2,005$1,660$1,365$1,117$909$404
19 years$1,880$1,538$1,250$1,009$811$341
20 years$1,767$1,429$1,147$914$724$288
21 years$1,665$1,331$1,055$829$648$243
22 years$1,573$1,243$972$754$581$206
23 years$1,489$1,162$898$687$521$174
24 years$1,412$1,089$830$626$469$147
25 years$1,341$1,022$769$572$422$125
26 years$1,275$960$713$523$380$106
27 years$1,215$904$662$479$342$90
28 years$1,159$852$616$439$309$76
29 years$1,107$804$573$402$279$65
30 years$1,058$759$534$369$252$55
31 years$1,013$717$497$339$228$47
32 years$971$679$464$312$206$40
33 years$931$643$433$287$187$34
34 years$894$609$405$264$169$29
35 years$859$578$379$243$153$24
36 years$826$548$354$224$139$21
37 years$795$521$331$206$126$18
38 years$765$495$310$190$114$15
39 years$737$471$291$175$103$13
40 years$711$448$273$161$94$11
41 years$686$426$256$149$85$9
42 years$662$406$240$137$77$8
43 years$639$387$225$127$70$7
44 years$618$369$211$117$64$6
45 years$597$352$198$108$58$5
46 years$578$335$186$100$52$4
47 years$559$320$175$92$48$3
48 years$541$306$164$85$43$3
49 years$524$292$155$79$39$3
50 years$508$279$145$73$36$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $520,000, adding $2,526 every year, while hoping to spend $45,917 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: 26/47/27 Blend
43$520,000$520,000$520,000$520,000
44$575,646$548,086$540,026$585,695
45$585,506$526,086$509,261$572,105
46$594,833$501,470$475,927$553,430
47$603,525$474,061$439,889$532,443
48$611,465$443,671$401,006$508,980
49$618,526$410,102$359,132$482,868
50$624,566$373,147$314,112$453,918
51$629,424$332,584$265,788$421,931
52$632,924$288,179$213,990$386,696
53$634,869$239,687$158,546$347,986
54$635,041$186,846$99,272$305,558
55$633,195$129,382$35,977$259,155
56$629,062$67,003$0$208,500
57$622,343$0$0$162,393
58$612,706$0$0$123,386
59$599,783$0$0$118,040
60$583,167$0$0$111,584
61$562,404$0$0$103,887
62$536,996$0$0$94,803
63$506,390$0$0$84,174
64$469,972$0$0$71,820
65$427,065$0$0$57,547
66$376,920$0$0$41,138
67$318,708$0$0$22,353
68$251,514$0$0$928
69$174,326$0$0$0
70$86,025$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