Can I retire at age 44 with 560,000?

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 $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%16.9%
1 years$46,244$45,832$45,430$45,038$44,655$43,400
2 years$22,893$22,467$22,054$21,653$21,264$20,009
3 years$15,111$14,682$14,270$13,873$13,491$12,275
4 years$11,220$10,793$10,385$9,995$9,622$8,455
5 years$8,886$8,462$8,059$7,677$7,314$6,199
6 years$7,331$6,910$6,513$6,139$5,788$4,726
7 years$6,220$5,803$5,412$5,048$4,707$3,698
8 years$5,388$4,974$4,590$4,234$3,905$2,949
9 years$4,741$4,331$3,953$3,607$3,288$2,384
10 years$4,223$3,817$3,447$3,109$2,802$1,948
11 years$3,800$3,398$3,034$2,706$2,410$1,604
12 years$3,448$3,050$2,693$2,373$2,088$1,330
13 years$3,150$2,757$2,406$2,095$1,821$1,109
14 years$2,895$2,506$2,162$1,860$1,596$928
15 years$2,674$2,289$1,952$1,659$1,405$780
16 years$2,481$2,100$1,770$1,485$1,242$657
17 years$2,311$1,934$1,610$1,334$1,101$555
18 years$2,160$1,787$1,470$1,203$979$470
19 years$2,025$1,656$1,346$1,087$873$398
20 years$1,903$1,539$1,235$984$780$338
21 years$1,794$1,434$1,136$893$698$287
22 years$1,694$1,338$1,047$812$625$244
23 years$1,603$1,252$967$740$561$208
24 years$1,520$1,173$894$675$505$177
25 years$1,444$1,101$828$616$454$151
26 years$1,373$1,034$768$563$409$129
27 years$1,308$973$713$516$369$110
28 years$1,248$917$663$472$333$94
29 years$1,192$865$617$433$300$80
30 years$1,140$817$575$398$271$68
31 years$1,091$773$536$365$245$58
32 years$1,046$731$500$336$222$50
33 years$1,003$692$467$309$201$43
34 years$963$656$436$284$182$36
35 years$925$622$408$261$165$31
36 years$889$591$381$241$149$27
37 years$856$561$357$222$135$23
38 years$824$533$334$204$123$19
39 years$794$507$313$188$111$17
40 years$766$482$294$174$101$14
41 years$739$459$275$160$92$12
42 years$713$437$258$148$83$10
43 years$689$417$242$137$75$9
44 years$665$397$227$126$68$8
45 years$643$379$214$117$62$7
46 years$622$361$201$108$56$6
47 years$602$345$188$99$51$5
48 years$583$329$177$92$47$4
49 years$564$314$166$85$42$3
50 years$547$300$156$78$38$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $560,000, adding $4,886 every year, while hoping to spend $42,141 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: 64/18/18 Blend
43$560,000$560,000$560,000$560,000
44$622,160$592,480$583,800$658,869
45$640,783$576,674$558,520$668,313
46$659,892$558,681$530,980$673,383
47$679,494$538,349$501,061$677,920
48$699,593$515,518$468,636$681,873
49$720,192$490,019$433,576$685,188
50$741,292$461,671$395,742$687,807
51$762,896$430,285$354,991$689,669
52$785,002$395,660$311,174$690,707
53$807,608$357,583$264,134$690,850
54$830,710$315,830$213,709$690,024
55$854,301$270,164$159,726$688,147
56$878,372$220,335$102,010$685,133
57$902,912$166,077$40,373$680,888
58$927,906$107,112$0$675,314
59$953,336$43,143$0$673,185
60$979,179$0$0$678,098
61$1,005,408$0$0$687,389
62$1,031,994$0$0$705,456
63$1,058,898$0$0$723,726
64$1,086,078$0$0$742,168
65$1,113,485$0$0$760,747
66$1,141,061$0$0$779,421
67$1,168,740$0$0$798,145
68$1,196,449$0$0$816,863
69$1,224,101$0$0$835,517
70$1,251,601$0$0$854,035
71$1,278,839$0$0$872,342
72$1,305,691$0$0$890,348
73$1,332,020$0$0$907,956
74$1,357,668$0$0$925,053
75$1,382,461$0$0$941,516
76$1,406,201$0$0$957,204
77$1,428,669$0$0$971,961
78$1,449,618$0$0$985,613
79$1,468,774$0$0$997,965
80$1,485,829$0$0$1,008,799
81$1,500,442$0$0$1,017,872
82$1,512,232$0$0$1,024,916
83$1,520,775$0$0$1,029,630
84$1,525,599$0$0$1,031,680
85$1,526,181$0$0$1,030,695
86$1,521,939$0$0$1,026,264
87$1,512,228$0$0$1,017,930
88$1,496,330$0$0$1,005,186
89$1,473,450$0$0$987,470
90$1,442,709$0$0$964,159
91$1,403,129$0$0$934,564
92$1,353,630$0$0$897,920
93$1,293,015$0$0$853,381
94$1,219,958$0$0$800,011
95$1,132,994$0$0$736,774
96$1,030,500$0$0$662,525
97$910,683$0$0$575,996
98$771,559$0$0$475,787
99$610,937$0$0$360,349
100$426,392$0$0$227,971