Can I retire at age 44 with 530,000?

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 $530,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.8%
1 years$43,767$43,377$42,997$42,625$42,263$41,427
2 years$21,667$21,263$20,872$20,493$20,125$19,286
3 years$14,301$13,896$13,506$13,130$12,768$11,953
4 years$10,619$10,215$9,829$9,459$9,106$8,320
5 years$8,410$8,009$7,627$7,266$6,923$6,169
6 years$6,938$6,540$6,164$5,811$5,478$4,756
7 years$5,887$5,492$5,122$4,777$4,455$3,767
8 years$5,099$4,708$4,344$4,007$3,696$3,040
9 years$4,487$4,099$3,742$3,413$3,112$2,489
10 years$3,997$3,613$3,262$2,942$2,652$2,060
11 years$3,597$3,216$2,872$2,561$2,281$1,720
12 years$3,263$2,887$2,549$2,246$1,976$1,446
13 years$2,981$2,609$2,277$1,983$1,723$1,223
14 years$2,740$2,371$2,046$1,760$1,511$1,038
15 years$2,531$2,166$1,847$1,570$1,330$885
16 years$2,348$1,988$1,675$1,406$1,176$757
17 years$2,187$1,830$1,524$1,263$1,042$649
18 years$2,044$1,691$1,391$1,138$927$558
19 years$1,916$1,568$1,274$1,028$826$480
20 years$1,801$1,457$1,169$931$738$414
21 years$1,697$1,357$1,075$845$660$358
22 years$1,603$1,267$991$769$592$309
23 years$1,517$1,185$915$700$531$268
24 years$1,439$1,110$846$638$478$232
25 years$1,366$1,042$784$583$430$201
26 years$1,300$979$727$533$387$174
27 years$1,238$921$675$488$349$151
28 years$1,181$868$627$447$315$131
29 years$1,128$819$584$410$284$114
30 years$1,079$773$544$376$257$99
31 years$1,033$731$507$346$232$86
32 years$990$692$473$318$210$75
33 years$949$655$442$292$190$65
34 years$911$621$413$269$172$57
35 years$875$589$386$247$156$49
36 years$842$559$361$228$141$43
37 years$810$531$338$210$128$37
38 years$780$505$316$193$116$33
39 years$752$480$296$178$105$28
40 years$725$456$278$165$95$25
41 years$699$435$261$152$87$21
42 years$675$414$244$140$79$19
43 years$652$394$229$129$71$16
44 years$630$376$215$119$65$14
45 years$609$358$202$110$59$12
46 years$589$342$190$102$53$11
47 years$570$326$178$94$48$9
48 years$552$311$168$87$44$8
49 years$534$297$158$80$40$7
50 years$517$284$148$74$36$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $530,000, adding $2,764 every year, while hoping to spend $40,480 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: 55/32/13 Blend
43$530,000$530,000$530,000$530,000
44$586,911$558,821$550,606$617,071
45$603,706$543,133$525,981$622,172
46$620,856$525,319$499,174$623,089
47$638,357$505,233$470,070$623,150
48$656,200$482,720$438,547$622,282
49$674,373$457,614$404,479$620,405
50$692,864$429,742$367,734$617,437
51$711,657$398,920$328,174$613,286
52$730,732$364,953$285,654$607,858
53$750,067$327,637$240,025$601,048
54$769,636$286,753$191,128$592,748
55$789,408$242,073$138,799$582,839
56$809,346$193,353$82,867$571,195
57$829,409$140,337$23,153$557,682
58$849,550$82,755$0$542,154
59$869,716$20,321$0$530,085
60$889,844$0$0$519,475
61$909,864$0$0$523,603
62$929,698$0$0$534,747
63$949,257$0$0$545,696
64$968,440$0$0$556,388
65$987,133$0$0$566,755
66$1,005,211$0$0$576,718
67$1,022,530$0$0$586,190
68$1,038,932$0$0$595,074
69$1,054,238$0$0$603,260
70$1,068,249$0$0$610,628
71$1,080,743$0$0$617,040
72$1,091,473$0$0$622,347
73$1,100,163$0$0$626,379
74$1,106,506$0$0$628,950
75$1,110,162$0$0$629,852
76$1,110,750$0$0$628,853
77$1,107,849$0$0$625,698
78$1,100,993$0$0$620,100
79$1,089,662$0$0$611,745
80$1,073,280$0$0$600,282
81$1,051,211$0$0$585,324
82$1,022,746$0$0$566,439
83$987,105$0$0$543,153
84$943,419$0$0$514,938
85$890,729$0$0$481,212
86$827,974$0$0$441,328
87$753,980$0$0$394,574
88$667,446$0$0$340,161
89$566,938$0$0$277,215
90$450,868$0$0$204,773
91$317,481$0$0$121,769
92$164,838$0$0$27,027
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