Can I retire at age 44 with 540,000?

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 $540,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$44,593$44,195$43,808$43,430$43,060$42,575
2 years$22,076$21,664$21,266$20,880$20,505$20,017
3 years$14,571$14,158$13,761$13,378$13,009$12,533
4 years$10,819$10,408$10,014$9,638$9,278$8,817
5 years$8,569$8,160$7,771$7,403$7,053$6,609
6 years$7,069$6,663$6,280$5,920$5,581$5,154
7 years$5,998$5,596$5,219$4,867$4,539$4,130
8 years$5,195$4,796$4,426$4,083$3,765$3,374
9 years$4,571$4,176$3,812$3,478$3,171$2,797
10 years$4,072$3,681$3,324$2,998$2,702$2,345
11 years$3,665$3,277$2,926$2,609$2,324$1,984
12 years$3,325$2,941$2,597$2,289$2,014$1,691
13 years$3,038$2,658$2,320$2,020$1,756$1,449
14 years$2,792$2,416$2,085$1,794$1,539$1,248
15 years$2,579$2,207$1,882$1,599$1,355$1,079
16 years$2,392$2,025$1,706$1,432$1,198$937
17 years$2,228$1,865$1,553$1,287$1,062$815
18 years$2,083$1,723$1,417$1,160$944$711
19 years$1,952$1,597$1,298$1,048$842$622
20 years$1,835$1,484$1,191$949$752$545
21 years$1,730$1,382$1,095$861$673$478
22 years$1,633$1,290$1,010$783$603$420
23 years$1,546$1,207$932$713$541$369
24 years$1,466$1,131$862$650$487$325
25 years$1,392$1,061$798$594$438$287
26 years$1,324$997$741$543$394$253
27 years$1,262$939$688$497$356$223
28 years$1,204$884$639$456$321$197
29 years$1,150$834$595$418$290$174
30 years$1,099$788$554$383$262$154
31 years$1,052$745$517$352$237$136
32 years$1,008$705$482$324$214$120
33 years$967$668$450$298$194$107
34 years$928$633$420$274$175$94
35 years$892$600$393$252$159$84
36 years$858$570$368$232$144$74
37 years$825$541$344$214$130$66
38 years$795$514$322$197$118$58
39 years$766$489$302$182$107$52
40 years$738$465$283$168$97$46
41 years$712$443$265$155$88$40
42 years$687$422$249$143$80$36
43 years$664$402$234$132$73$32
44 years$642$383$219$122$66$28
45 years$620$365$206$112$60$25
46 years$600$348$193$104$54$22
47 years$581$332$182$96$49$20
48 years$562$317$171$89$45$17
49 years$544$303$160$82$41$15
50 years$527$289$151$76$37$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $540,000, adding $2,242 every year, while hoping to spend $31,708 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: 79/7/14 Blend
43$540,000$540,000$540,000$540,000
44$597,393$568,773$560,403$642,723
45$624,590$562,905$545,439$667,001
46$653,498$555,688$528,911$689,341
47$684,259$547,021$510,734$712,952
48$717,026$536,798$490,817$737,947
49$751,970$524,908$469,066$764,451
50$789,275$511,232$445,384$792,604
51$829,144$495,646$419,667$822,558
52$871,799$478,015$391,809$854,481
53$917,485$458,200$361,697$888,559
54$966,469$436,053$329,214$924,998
55$1,019,045$411,415$294,238$964,024
56$1,075,534$384,121$256,642$1,005,887
57$1,136,290$353,994$216,291$1,050,862
58$1,201,701$320,850$173,046$1,099,254
59$1,272,194$284,491$126,763$1,151,398
60$1,348,237$244,709$77,288$1,207,665
61$1,430,343$201,287$24,464$1,268,464
62$1,519,079$153,991$0$1,334,246
63$1,615,066$102,577$0$1,410,275
64$1,718,986$46,787$0$1,496,545
65$1,831,590$0$0$1,590,031
66$1,953,704$0$0$1,692,481
67$2,086,235$0$0$1,807,596
68$2,230,182$0$0$1,932,641
69$2,386,642$0$0$2,068,572
70$2,556,825$0$0$2,216,440
71$2,742,058$0$0$2,377,402
72$2,943,805$0$0$2,552,730
73$3,163,675$0$0$2,743,827
74$3,403,439$0$0$2,952,233
75$3,665,047$0$0$3,179,646
76$3,950,644$0$0$3,427,932
77$4,262,593$0$0$3,699,149
78$4,603,493$0$0$3,995,559
79$4,976,208$0$0$4,319,654
80$5,383,890$0$0$4,674,179
81$5,830,008$0$0$5,062,153
82$6,318,384$0$0$5,486,904
83$6,853,228$0$0$5,952,094
84$7,439,171$0$0$6,461,758
85$8,081,319$0$0$7,020,338
86$8,785,291$0$0$7,632,727
87$9,557,278$0$0$8,304,313
88$10,404,099$0$0$9,041,032
89$11,333,262$0$0$9,849,421
90$12,353,041$0$0$10,736,681
91$13,472,546$0$0$11,710,745
92$14,701,815$0$0$12,780,349
93$16,051,903$0$0$13,955,118
94$17,534,992$0$0$15,245,656
95$19,164,498$0$0$16,663,643
96$20,955,204$0$0$18,221,947
97$22,923,393$0$0$19,934,744
98$25,087,006$0$0$21,817,652
99$27,465,809$0$0$23,887,879
100$30,081,577$0$0$26,164,380