Can I retire at age 44 with 610,000?

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 $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%15.3%
1 years$50,373$49,925$49,487$49,059$48,642$47,582
2 years$24,937$24,473$24,023$23,586$23,163$22,100
3 years$16,460$15,993$15,544$15,112$14,696$13,664
4 years$12,222$11,757$11,312$10,887$10,481$9,488
5 years$9,680$9,217$8,779$8,363$7,967$7,015
6 years$7,985$7,527$7,095$6,688$6,304$5,395
7 years$6,776$6,321$5,896$5,498$5,127$4,260
8 years$5,869$5,418$5,000$4,612$4,253$3,428
9 years$5,164$4,718$4,306$3,929$3,582$2,799
10 years$4,600$4,158$3,754$3,387$3,052$2,309
11 years$4,140$3,702$3,305$2,947$2,625$1,922
12 years$3,756$3,323$2,933$2,585$2,275$1,611
13 years$3,431$3,003$2,621$2,282$1,984$1,357
14 years$3,153$2,729$2,355$2,026$1,739$1,149
15 years$2,913$2,493$2,126$1,807$1,531$976
16 years$2,703$2,288$1,928$1,618$1,353$831
17 years$2,517$2,107$1,754$1,454$1,200$710
18 years$2,353$1,947$1,601$1,310$1,067$608
19 years$2,205$1,804$1,466$1,184$951$522
20 years$2,073$1,677$1,345$1,072$849$448
21 years$1,954$1,562$1,237$973$760$386
22 years$1,845$1,458$1,140$885$681$332
23 years$1,746$1,363$1,053$806$612$286
24 years$1,656$1,277$974$735$550$247
25 years$1,573$1,199$902$671$495$213
26 years$1,496$1,127$837$614$446$184
27 years$1,425$1,060$777$562$402$159
28 years$1,360$999$722$515$362$138
29 years$1,299$943$672$472$327$119
30 years$1,242$890$626$433$296$103
31 years$1,189$841$584$398$267$89
32 years$1,139$796$544$366$242$77
33 years$1,092$754$508$336$219$67
34 years$1,049$715$475$309$198$58
35 years$1,008$678$444$285$179$50
36 years$969$643$415$262$163$44
37 years$932$611$389$242$147$38
38 years$898$581$364$223$134$33
39 years$865$552$341$205$121$28
40 years$834$525$320$189$110$25
41 years$805$500$300$175$100$21
42 years$777$476$281$161$90$18
43 years$750$454$264$149$82$16
44 years$725$433$248$137$75$14
45 years$701$412$233$127$68$12
46 years$678$394$218$117$61$10
47 years$656$376$205$108$56$9
48 years$635$358$193$100$51$8
49 years$615$342$181$93$46$7
50 years$596$327$170$86$42$6

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $610,000, adding $2,684 every year, while hoping to spend $54,299 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: 59/34/7 Blend
43$610,000$610,000$610,000$610,000
44$674,989$642,659$633,204$713,665
45$686,064$616,375$596,642$713,640
46$696,449$586,984$557,036$707,188
47$706,016$554,275$514,226$698,794
48$714,622$518,028$468,045$688,274
49$722,109$478,007$418,321$675,429
50$728,299$433,964$364,870$660,042
51$732,996$385,639$307,503$641,878
52$735,980$332,753$246,022$620,682
53$737,007$275,015$180,221$596,175
54$735,806$212,115$109,883$568,057
55$732,077$143,728$34,783$535,999
56$725,486$69,508$0$499,644
57$715,663$0$0$461,992
58$702,198$0$0$426,309
59$684,635$0$0$413,937
60$662,472$0$0$398,544
61$635,151$0$0$379,766
62$602,053$0$0$357,201
63$562,496$0$0$330,404
64$515,724$0$0$298,881
65$460,900$0$0$262,088
66$397,101$0$0$219,423
67$323,303$0$0$170,220
68$238,378$0$0$113,744
69$141,076$0$0$49,181
70$30,019$0$0$0
71$0$0$0$0
72$0$0$0$0
73$0$0$0$0
74$0$0$0$0
75$0$0$0$0
76$0$0$0$0
77$0$0$0$0
78$0$0$0$0
79$0$0$0$0
80$0$0$0$0
81$0$0$0$0
82$0$0$0$0
83$0$0$0$0
84$0$0$0$0
85$0$0$0$0
86$0$0$0$0
87$0$0$0$0
88$0$0$0$0
89$0$0$0$0
90$0$0$0$0
91$0$0$0$0
92$0$0$0$0
93$0$0$0$0
94$0$0$0$0
95$0$0$0$0
96$0$0$0$0
97$0$0$0$0
98$0$0$0$0
99$0$0$0$0
100$0$0$0$0