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%12.6%
1 years$43,767$43,377$42,997$42,625$42,263$41,804
2 years$21,667$21,263$20,872$20,493$20,125$19,663
3 years$14,301$13,896$13,506$13,130$12,768$12,318
4 years$10,619$10,215$9,829$9,459$9,106$8,670
5 years$8,410$8,009$7,627$7,266$6,923$6,502
6 years$6,938$6,540$6,164$5,811$5,478$5,074
7 years$5,887$5,492$5,122$4,777$4,455$4,068
8 years$5,099$4,708$4,344$4,007$3,696$3,325
9 years$4,487$4,099$3,742$3,413$3,112$2,758
10 years$3,997$3,613$3,262$2,942$2,652$2,314
11 years$3,597$3,216$2,872$2,561$2,281$1,959
12 years$3,263$2,887$2,549$2,246$1,976$1,670
13 years$2,981$2,609$2,277$1,983$1,723$1,432
14 years$2,740$2,371$2,046$1,760$1,511$1,235
15 years$2,531$2,166$1,847$1,570$1,330$1,068
16 years$2,348$1,988$1,675$1,406$1,176$928
17 years$2,187$1,830$1,524$1,263$1,042$808
18 years$2,044$1,691$1,391$1,138$927$705
19 years$1,916$1,568$1,274$1,028$826$617
20 years$1,801$1,457$1,169$931$738$541
21 years$1,697$1,357$1,075$845$660$475
22 years$1,603$1,267$991$769$592$418
23 years$1,517$1,185$915$700$531$368
24 years$1,439$1,110$846$638$478$324
25 years$1,366$1,042$784$583$430$286
26 years$1,300$979$727$533$387$252
27 years$1,238$921$675$488$349$223
28 years$1,181$868$627$447$315$197
29 years$1,128$819$584$410$284$174
30 years$1,079$773$544$376$257$154
31 years$1,033$731$507$346$232$136
32 years$990$692$473$318$210$121
33 years$949$655$442$292$190$107
34 years$911$621$413$269$172$95
35 years$875$589$386$247$156$84
36 years$842$559$361$228$141$75
37 years$810$531$338$210$128$66
38 years$780$505$316$193$116$59
39 years$752$480$296$178$105$52
40 years$725$456$278$165$95$46
41 years$699$435$261$152$87$41
42 years$675$414$244$140$79$36
43 years$652$394$229$129$71$32
44 years$630$376$215$119$65$29
45 years$609$358$202$110$59$25
46 years$589$342$190$102$53$23
47 years$570$326$178$94$48$20
48 years$552$311$168$87$44$18
49 years$534$297$158$80$40$16
50 years$517$284$148$74$36$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $530,000, adding $4,464 every year, while hoping to spend $21,111 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: 48/32/20 Blend
43$530,000$530,000$530,000$530,000
44$588,665$560,575$552,360$613,398
45$626,246$565,581$548,402$636,071
46$666,954$570,125$543,604$658,187
47$711,084$574,162$537,915$681,762
48$758,963$577,643$531,283$706,939
49$810,948$580,519$523,652$733,881
50$867,435$582,735$514,965$762,765
51$928,857$584,233$505,160$793,791
52$995,693$584,952$494,175$827,175
53$1,068,466$584,828$481,943$863,162
54$1,147,755$583,790$468,394$902,019
55$1,234,197$581,766$453,455$944,042
56$1,328,491$578,678$437,052$989,562
57$1,431,407$574,444$419,103$1,038,940
58$1,543,795$568,976$399,527$1,092,580
59$1,666,587$562,181$378,236$1,150,926
60$1,800,811$553,960$355,140$1,214,470
61$1,947,600$544,210$330,143$1,283,756
62$2,108,199$532,821$303,147$1,359,386
63$2,283,981$519,674$274,048$1,442,025
64$2,476,456$504,646$242,737$1,532,408
65$2,687,287$487,607$209,102$1,631,348
66$2,918,308$468,418$173,024$1,739,744
67$3,171,536$446,930$134,381$1,858,588
68$3,449,193$422,990$93,043$1,988,977
69$3,753,727$396,434$48,877$2,132,122
70$4,087,834$367,086$1,741$2,289,364
71$4,454,484$334,764$0$2,462,180
72$4,856,948$299,274$0$2,662,567
73$5,298,828$260,409$0$2,883,037
74$5,784,094$217,955$0$3,125,243
75$6,317,117$171,680$0$3,391,423
76$6,902,715$121,345$0$3,684,041
77$7,546,193$66,692$0$4,005,819
78$8,253,398$7,452$0$4,359,758
79$9,030,768$0$0$4,749,168
80$9,885,398$0$0$5,197,653
81$10,825,107$0$0$5,693,734
82$11,858,504$0$0$6,239,342
83$12,995,079$0$0$6,839,495
84$14,245,285$0$0$7,499,721
85$15,620,641$0$0$8,226,112
86$17,133,837$0$0$9,025,379
87$18,798,855$0$0$9,904,919
88$20,631,102$0$0$10,872,878
89$22,647,553$0$0$11,938,235
90$24,866,912$0$0$13,110,883
91$27,309,790$0$0$14,401,722
92$29,998,894$0$0$15,822,763
93$32,959,248$0$0$17,387,239
94$36,218,422$0$0$19,109,735
95$39,806,798$0$0$21,006,319
96$43,757,852$0$0$23,094,698
97$48,108,473$0$0$25,394,381
98$52,899,308$0$0$27,926,869
99$58,175,147$0$0$30,715,852
100$63,985,344$0$0$33,787,435