Can I retire at age 44 with 560,000?

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 $560,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.9%
1 years$46,244$45,832$45,430$45,038$44,655$43,933
2 years$22,893$22,467$22,054$21,653$21,264$20,539
3 years$15,111$14,682$14,270$13,873$13,491$12,785
4 years$11,220$10,793$10,385$9,995$9,622$8,941
5 years$8,886$8,462$8,059$7,677$7,314$6,660
6 years$7,331$6,910$6,513$6,139$5,788$5,160
7 years$6,220$5,803$5,412$5,048$4,707$4,107
8 years$5,388$4,974$4,590$4,234$3,905$3,332
9 years$4,741$4,331$3,953$3,607$3,288$2,743
10 years$4,223$3,817$3,447$3,109$2,802$2,283
11 years$3,800$3,398$3,034$2,706$2,410$1,917
12 years$3,448$3,050$2,693$2,373$2,088$1,621
13 years$3,150$2,757$2,406$2,095$1,821$1,378
14 years$2,895$2,506$2,162$1,860$1,596$1,178
15 years$2,674$2,289$1,952$1,659$1,405$1,010
16 years$2,481$2,100$1,770$1,485$1,242$869
17 years$2,311$1,934$1,610$1,334$1,101$750
18 years$2,160$1,787$1,470$1,203$979$649
19 years$2,025$1,656$1,346$1,087$873$563
20 years$1,903$1,539$1,235$984$780$488
21 years$1,794$1,434$1,136$893$698$425
22 years$1,694$1,338$1,047$812$625$370
23 years$1,603$1,252$967$740$561$322
24 years$1,520$1,173$894$675$505$281
25 years$1,444$1,101$828$616$454$245
26 years$1,373$1,034$768$563$409$214
27 years$1,308$973$713$516$369$187
28 years$1,248$917$663$472$333$164
29 years$1,192$865$617$433$300$143
30 years$1,140$817$575$398$271$126
31 years$1,091$773$536$365$245$110
32 years$1,046$731$500$336$222$96
33 years$1,003$692$467$309$201$84
34 years$963$656$436$284$182$74
35 years$925$622$408$261$165$65
36 years$889$591$381$241$149$57
37 years$856$561$357$222$135$50
38 years$824$533$334$204$123$44
39 years$794$507$313$188$111$38
40 years$766$482$294$174$101$34
41 years$739$459$275$160$92$30
42 years$713$437$258$148$83$26
43 years$689$417$242$137$75$23
44 years$665$397$227$126$68$20
45 years$643$379$214$117$62$18
46 years$622$361$201$108$56$15
47 years$602$345$188$99$51$13
48 years$583$329$177$92$47$12
49 years$564$314$166$85$42$10
50 years$547$300$156$78$38$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $560,000, adding $2,779 every year, while hoping to spend $36,850 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: 62/12/26 Blend
43$560,000$560,000$560,000$560,000
44$619,987$590,307$581,627$653,973
45$644,017$580,023$561,903$667,072
46$669,264$568,001$540,283$677,095
47$695,811$554,116$516,666$687,238
48$723,753$538,237$490,943$697,521
49$753,189$520,224$463,003$707,963
50$784,229$499,930$432,729$718,590
51$816,994$477,199$399,998$729,432
52$851,612$451,867$364,683$740,522
53$888,227$423,760$326,651$751,901
54$926,995$392,692$285,761$763,613
55$968,083$358,469$241,869$775,711
56$1,011,679$320,885$194,823$788,255
57$1,057,984$279,722$144,463$801,314
58$1,107,220$234,750$90,625$814,966
59$1,159,630$185,726$33,134$829,299
60$1,215,479$132,394$0$844,414
61$1,275,058$74,482$0$868,254
62$1,338,686$11,703$0$903,437
63$1,406,711$0$0$940,962
64$1,479,517$0$0$988,477
65$1,557,522$0$0$1,041,068
66$1,641,187$0$0$1,097,504
67$1,731,017$0$0$1,158,129
68$1,827,566$0$0$1,223,321
69$1,931,443$0$0$1,293,496
70$2,043,316$0$0$1,369,108
71$2,163,917$0$0$1,450,658
72$2,294,054$0$0$1,538,697
73$2,434,612$0$0$1,633,827
74$2,586,563$0$0$1,736,714
75$2,750,977$0$0$1,848,087
76$2,929,030$0$0$1,968,748
77$3,122,014$0$0$2,099,579
78$3,331,350$0$0$2,241,551
79$3,558,602$0$0$2,395,729
80$3,805,489$0$0$2,563,289
81$4,073,900$0$0$2,745,520
82$4,365,918$0$0$2,943,844
83$4,683,831$0$0$3,159,822
84$5,030,157$0$0$3,395,175
85$5,407,669$0$0$3,651,794
86$5,819,417$0$0$3,931,764
87$6,268,758$0$0$4,237,377
88$6,759,388$0$0$4,571,156
89$7,295,376$0$0$4,935,880
90$7,881,201$0$0$5,334,607
91$8,521,793$0$0$5,770,706
92$9,222,582$0$0$6,247,884
93$9,989,545$0$0$6,770,223
94$10,829,267$0$0$7,342,221
95$11,748,994$0$0$7,968,827
96$12,756,711$0$0$8,655,495
97$13,861,208$0$0$9,408,229
98$15,072,168$0$0$10,233,643
99$16,400,256$0$0$11,139,021
100$17,857,216$0$0$12,132,387