Can I retire at age 44 with 550,000?

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 $550,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$45,418$45,014$44,619$44,234$43,858$42,420
2 years$22,484$22,066$21,660$21,266$20,885$19,450
3 years$14,841$14,420$14,015$13,626$13,250$11,863
4 years$11,020$10,600$10,200$9,816$9,450$8,122
5 years$8,728$8,311$7,915$7,540$7,184$5,918
6 years$7,200$6,786$6,397$6,030$5,684$4,481
7 years$6,109$5,699$5,316$4,957$4,623$3,483
8 years$5,292$4,885$4,508$4,159$3,835$2,757
9 years$4,656$4,254$3,883$3,542$3,230$2,213
10 years$4,148$3,749$3,385$3,053$2,752$1,795
11 years$3,732$3,338$2,980$2,657$2,367$1,467
12 years$3,386$2,996$2,645$2,331$2,051$1,207
13 years$3,094$2,707$2,363$2,058$1,788$998
14 years$2,843$2,461$2,123$1,827$1,568$828
15 years$2,626$2,248$1,917$1,629$1,380$690
16 years$2,437$2,063$1,738$1,459$1,220$576
17 years$2,270$1,900$1,582$1,311$1,082$482
18 years$2,121$1,755$1,444$1,181$962$405
19 years$1,989$1,627$1,322$1,067$857$340
20 years$1,869$1,512$1,213$967$766$286
21 years$1,762$1,408$1,116$877$685$241
22 years$1,664$1,314$1,028$798$614$203
23 years$1,575$1,229$949$726$551$171
24 years$1,493$1,152$878$663$496$144
25 years$1,418$1,081$813$605$446$122
26 years$1,349$1,016$754$553$402$103
27 years$1,285$956$700$506$362$87
28 years$1,226$901$651$464$327$74
29 years$1,171$850$606$425$295$62
30 years$1,120$803$564$390$267$53
31 years$1,072$759$526$359$241$44
32 years$1,027$718$491$330$218$38
33 years$985$680$458$303$197$32
34 years$946$644$428$279$179$27
35 years$908$611$400$257$162$23
36 years$874$580$375$236$147$19
37 years$841$551$351$218$133$16
38 years$809$524$328$201$120$14
39 years$780$498$308$185$109$12
40 years$752$474$288$171$99$10
41 years$725$451$270$158$90$8
42 years$700$429$254$145$82$7
43 years$676$409$238$134$74$6
44 years$653$390$223$124$67$5
45 years$632$372$210$114$61$4
46 years$611$355$197$106$55$4
47 years$591$339$185$98$50$3
48 years$572$323$174$90$46$3
49 years$554$309$163$83$41$2
50 years$537$295$154$77$38$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $550,000, adding $3,998 every year, while hoping to spend $33,557 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: 40/33/27 Blend
43$550,000$550,000$550,000$550,000
44$610,224$581,074$572,549$629,632
45$636,762$573,842$556,025$636,845
46$664,883$565,131$537,823$641,220
47$694,712$554,834$517,851$645,307
48$726,387$542,835$496,013$649,101
49$760,058$529,013$472,209$652,598
50$795,890$513,242$446,334$655,797
51$834,064$495,384$418,280$658,701
52$874,778$475,296$387,931$661,314
53$918,246$452,826$355,168$663,646
54$964,707$427,815$319,865$665,712
55$1,014,420$400,090$281,894$667,531
56$1,067,670$369,474$241,116$669,127
57$1,124,769$335,776$197,391$670,535
58$1,186,061$298,794$150,569$671,793
59$1,251,922$258,317$100,496$672,950
60$1,322,764$214,121$47,008$674,067
61$1,399,041$165,968$0$675,215
62$1,481,252$113,609$0$679,377
63$1,569,942$56,778$0$698,393
64$1,665,713$0$0$718,872
65$1,769,225$0$0$742,749
66$1,881,204$0$0$790,940
67$2,002,448$0$0$843,178
68$2,133,833$0$0$899,848
69$2,276,325$0$0$961,375
70$2,430,983$0$0$1,028,224
71$2,598,974$0$0$1,100,909
72$2,781,581$0$0$1,179,994
73$2,980,216$0$0$1,266,099
74$3,196,432$0$0$1,359,908
75$3,431,937$0$0$1,462,173
76$3,688,611$0$0$1,573,720
77$3,968,525$0$0$1,695,461
78$4,273,956$0$0$1,828,398
79$4,607,411$0$0$1,973,635
80$4,971,650$0$0$2,132,386
81$5,369,711$0$0$2,305,989
82$5,804,939$0$0$2,495,917
83$6,281,018$0$0$2,703,791
84$6,802,002$0$0$2,931,397
85$7,372,356$0$0$3,180,701
86$7,996,997$0$0$3,453,869
87$8,681,341$0$0$3,753,284
88$9,431,351$0$0$4,081,575
89$10,253,594$0$0$4,441,633
90$11,155,303$0$0$4,836,645
91$12,144,445$0$0$5,270,119
92$13,229,796$0$0$5,745,923
93$14,421,021$0$0$6,268,313
94$15,728,768$0$0$6,841,981
95$17,164,764$0$0$7,472,093
96$18,741,929$0$0$8,164,342
97$20,474,495$0$0$8,924,998
98$22,378,140$0$0$9,760,970
99$24,470,138$0$0$10,679,869
100$26,769,517$0$0$11,690,078