Can I retire at age 44 with 630,000?

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 $630,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.5%
1 years$52,025$51,561$51,109$50,668$50,237$48,707
2 years$25,755$25,275$24,810$24,360$23,922$22,394
3 years$16,999$16,518$16,054$15,607$15,177$13,699
4 years$12,622$12,142$11,683$11,244$10,825$9,407
5 years$9,997$9,520$9,067$8,637$8,229$6,876
6 years$8,247$7,773$7,327$6,907$6,511$5,224
7 years$6,998$6,528$6,089$5,678$5,295$4,074
8 years$6,061$5,596$5,164$4,764$4,393$3,237
9 years$5,333$4,872$4,448$4,057$3,699$2,607
10 years$4,751$4,295$3,878$3,498$3,152$2,122
11 years$4,275$3,823$3,414$3,044$2,711$1,742
12 years$3,879$3,432$3,030$2,670$2,349$1,438
13 years$3,544$3,101$2,707$2,357$2,049$1,194
14 years$3,257$2,819$2,432$2,092$1,796$996
15 years$3,008$2,575$2,196$1,866$1,581$833
16 years$2,791$2,363$1,991$1,671$1,397$699
17 years$2,600$2,176$1,812$1,501$1,239$587
18 years$2,430$2,011$1,654$1,353$1,102$495
19 years$2,278$1,863$1,514$1,222$982$418
20 years$2,141$1,732$1,389$1,107$877$353
21 years$2,018$1,613$1,278$1,005$785$298
22 years$1,906$1,506$1,178$914$704$253
23 years$1,804$1,408$1,088$832$632$214
24 years$1,710$1,319$1,006$759$568$181
25 years$1,624$1,238$932$693$511$154
26 years$1,545$1,164$864$634$460$131
27 years$1,472$1,095$802$580$415$111
28 years$1,404$1,032$746$531$374$94
29 years$1,341$973$694$487$338$80
30 years$1,282$919$646$447$305$68
31 years$1,228$869$603$411$276$58
32 years$1,176$822$562$378$250$49
33 years$1,128$779$525$347$226$42
34 years$1,083$738$491$319$205$36
35 years$1,041$700$459$294$185$30
36 years$1,001$664$429$271$168$26
37 years$963$631$402$250$152$22
38 years$927$600$376$230$138$19
39 years$893$570$352$212$125$16
40 years$861$543$330$196$114$13
41 years$831$517$310$180$103$11
42 years$802$492$290$167$93$10
43 years$775$469$273$154$85$8
44 years$749$447$256$142$77$7
45 years$724$426$240$131$70$6
46 years$700$406$226$121$63$5
47 years$677$388$212$112$58$4
48 years$656$370$199$103$52$4
49 years$635$354$187$96$48$3
50 years$615$338$176$88$43$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $630,000, adding $4,365 every year, while hoping to spend $20,470 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: 35/49/16 Blend
43$630,000$630,000$630,000$630,000
44$698,762$665,372$655,607$719,639
45$748,256$676,196$655,790$746,033
46$802,113$686,863$655,293$772,251
47$860,754$697,346$654,072$800,101
48$924,648$707,612$652,080$829,740
49$994,305$717,629$649,268$861,339
50$1,070,291$727,359$645,585$895,090
51$1,153,226$736,765$640,978$931,203
52$1,243,794$745,806$635,390$969,912
53$1,342,748$754,437$628,762$1,011,475
54$1,450,916$762,612$621,033$1,056,176
55$1,569,210$770,281$612,138$1,104,332
56$1,698,634$777,390$602,010$1,156,291
57$1,840,295$783,882$590,577$1,212,439
58$1,995,410$789,697$577,766$1,273,202
59$2,165,319$794,770$563,499$1,339,051
60$2,351,501$799,032$547,695$1,410,508
61$2,555,580$802,411$530,269$1,488,148
62$2,779,349$804,828$511,133$1,572,607
63$3,024,779$806,202$490,193$1,664,588
64$3,294,045$806,444$467,352$1,764,870
65$3,589,539$805,461$442,510$1,874,309
66$3,913,897$803,154$415,559$1,993,855
67$4,270,025$799,419$386,390$2,124,555
68$4,661,119$794,142$354,887$2,267,567
69$5,090,706$787,208$320,928$2,424,170
70$5,562,666$778,489$284,387$2,595,775
71$6,081,276$767,853$245,132$2,783,942
72$6,651,248$755,160$203,026$2,990,393
73$7,277,772$740,259$157,924$3,217,029
74$7,966,567$722,994$109,676$3,465,951
75$8,723,932$703,196$58,126$3,739,475
76$9,556,809$680,688$3,109$4,040,162
77$10,472,844$655,283$0$4,370,837
78$11,480,465$626,783$0$4,744,109
79$12,588,954$594,976$0$5,155,113
80$13,808,539$559,642$0$5,607,148
81$15,150,490$520,545$0$6,104,438
82$16,627,226$477,437$0$6,651,647
83$18,252,427$430,055$0$7,253,915
84$20,041,168$378,122$0$7,916,915
85$22,010,062$321,345$0$8,646,903
86$24,177,411$259,413$0$9,450,778
87$26,563,383$192,000$0$10,336,151
88$29,190,200$118,760$0$11,311,415
89$32,082,349$39,328$0$12,385,827
90$35,266,811$0$0$13,569,595
91$38,773,319$0$0$14,899,148
92$42,634,633$0$0$16,386,701
93$46,886,854$0$0$18,024,972
94$51,569,761$0$0$19,829,302
95$56,727,189$0$0$21,816,596
96$62,407,440$0$0$24,005,482
97$68,663,741$0$0$26,416,487
98$75,554,742$0$0$29,072,232
99$83,145,075$0$0$31,997,643
100$91,505,960$0$0$35,220,187