Can I retire at age 44 with 610,000?

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 $610,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.1%
1 years$50,373$49,925$49,487$49,059$48,642$47,817
2 years$24,937$24,473$24,023$23,586$23,163$22,334
3 years$16,460$15,993$15,544$15,112$14,696$13,889
4 years$12,222$11,757$11,312$10,887$10,481$9,702
5 years$9,680$9,217$8,779$8,363$7,967$7,220
6 years$7,985$7,527$7,095$6,688$6,304$5,588
7 years$6,776$6,321$5,896$5,498$5,127$4,442
8 years$5,869$5,418$5,000$4,612$4,253$3,600
9 years$5,164$4,718$4,306$3,929$3,582$2,960
10 years$4,600$4,158$3,754$3,387$3,052$2,461
11 years$4,140$3,702$3,305$2,947$2,625$2,064
12 years$3,756$3,323$2,933$2,585$2,275$1,743
13 years$3,431$3,003$2,621$2,282$1,984$1,480
14 years$3,153$2,729$2,355$2,026$1,739$1,263
15 years$2,913$2,493$2,126$1,807$1,531$1,082
16 years$2,703$2,288$1,928$1,618$1,353$930
17 years$2,517$2,107$1,754$1,454$1,200$801
18 years$2,353$1,947$1,601$1,310$1,067$692
19 years$2,205$1,804$1,466$1,184$951$599
20 years$2,073$1,677$1,345$1,072$849$519
21 years$1,954$1,562$1,237$973$760$451
22 years$1,845$1,458$1,140$885$681$392
23 years$1,746$1,363$1,053$806$612$341
24 years$1,656$1,277$974$735$550$297
25 years$1,573$1,199$902$671$495$259
26 years$1,496$1,127$837$614$446$226
27 years$1,425$1,060$777$562$402$197
28 years$1,360$999$722$515$362$172
29 years$1,299$943$672$472$327$150
30 years$1,242$890$626$433$296$131
31 years$1,189$841$584$398$267$115
32 years$1,139$796$544$366$242$100
33 years$1,092$754$508$336$219$88
34 years$1,049$715$475$309$198$77
35 years$1,008$678$444$285$179$67
36 years$969$643$415$262$163$59
37 years$932$611$389$242$147$52
38 years$898$581$364$223$134$45
39 years$865$552$341$205$121$40
40 years$834$525$320$189$110$35
41 years$805$500$300$175$100$30
42 years$777$476$281$161$90$27
43 years$750$454$264$149$82$23
44 years$725$433$248$137$75$20
45 years$701$412$233$127$68$18
46 years$678$394$218$117$61$16
47 years$656$376$205$108$56$14
48 years$635$358$193$100$51$12
49 years$615$342$181$93$46$11
50 years$596$327$170$86$42$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $610,000, adding $6,814 every year, while hoping to spend $20,414 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: 52/36/12 Blend
43$610,000$610,000$610,000$610,000
44$679,249$646,919$637,464$712,072
45$726,812$656,897$637,098$745,198
46$778,542$666,681$636,037$778,456
47$834,843$676,238$634,234$814,157
48$896,159$685,535$631,642$852,537
49$962,978$694,537$628,213$893,858
50$1,035,838$703,206$623,894$938,405
51$1,115,331$711,500$618,632$986,497
52$1,202,107$719,377$612,370$1,038,483
53$1,296,886$726,790$605,047$1,094,749
54$1,400,454$733,689$596,602$1,155,722
55$1,513,682$740,021$586,970$1,221,871
56$1,637,527$745,731$576,083$1,293,714
57$1,773,041$750,758$563,868$1,371,825
58$1,921,385$755,039$550,251$1,456,834
59$2,083,836$758,506$535,155$1,549,438
60$2,261,801$761,086$518,496$1,650,406
61$2,456,828$762,704$500,190$1,760,587
62$2,670,625$763,277$480,146$1,880,916
63$2,905,070$762,718$458,272$2,012,425
64$3,162,233$760,937$434,470$2,156,254
65$3,444,393$757,835$408,637$2,313,660
66$3,754,061$753,309$380,666$2,486,029
67$4,094,002$747,249$350,446$2,674,890
68$4,467,265$739,538$317,860$2,881,933
69$4,877,203$730,053$282,786$3,109,016
70$5,327,516$718,663$245,097$3,358,195
71$5,822,274$705,229$204,659$3,631,734
72$6,365,965$689,605$161,335$3,932,132
73$6,963,532$671,634$114,978$4,262,145
74$7,620,421$651,152$65,438$4,624,811
75$8,342,630$627,985$12,557$5,023,485
76$9,136,770$601,948$0$5,461,862
77$10,010,123$572,846$0$5,949,640
78$10,970,712$540,471$0$6,487,779
79$12,027,377$504,607$0$7,079,653
80$13,189,857$465,021$0$7,730,754
81$14,468,885$421,469$0$8,447,142
82$15,876,285$373,694$0$9,235,493
83$17,425,083$321,423$0$10,103,171
84$19,129,636$264,367$0$11,058,291
85$21,005,759$202,221$0$12,109,803
86$23,070,882$134,665$0$13,267,572
87$25,344,206$61,359$0$14,542,475
88$27,846,893$0$0$15,946,500
89$30,602,258$0$0$17,500,019
90$33,635,992$0$0$19,237,326
91$36,976,404$0$0$21,150,336
92$40,654,689$0$0$23,256,924
93$44,705,220$0$0$25,576,785
94$49,165,873$0$0$28,131,624
95$54,078,385$0$0$30,945,354
96$59,488,748$0$0$34,044,331
97$65,447,641$0$0$37,457,595
98$72,010,908$0$0$41,217,144
99$79,240,088$0$0$45,358,242
100$87,202,993$0$0$49,919,745