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%12.5%
1 years$52,025$51,561$51,109$50,668$50,237$49,712
2 years$25,755$25,275$24,810$24,360$23,922$23,394
3 years$16,999$16,518$16,054$15,607$15,177$14,662
4 years$12,622$12,142$11,683$11,244$10,825$10,326
5 years$9,997$9,520$9,067$8,637$8,229$7,748
6 years$8,247$7,773$7,327$6,907$6,511$6,049
7 years$6,998$6,528$6,089$5,678$5,295$4,852
8 years$6,061$5,596$5,164$4,764$4,393$3,969
9 years$5,333$4,872$4,448$4,057$3,699$3,294
10 years$4,751$4,295$3,878$3,498$3,152$2,765
11 years$4,275$3,823$3,414$3,044$2,711$2,342
12 years$3,879$3,432$3,030$2,670$2,349$1,998
13 years$3,544$3,101$2,707$2,357$2,049$1,715
14 years$3,257$2,819$2,432$2,092$1,796$1,479
15 years$3,008$2,575$2,196$1,866$1,581$1,281
16 years$2,791$2,363$1,991$1,671$1,397$1,113
17 years$2,600$2,176$1,812$1,501$1,239$970
18 years$2,430$2,011$1,654$1,353$1,102$848
19 years$2,278$1,863$1,514$1,222$982$742
20 years$2,141$1,732$1,389$1,107$877$651
21 years$2,018$1,613$1,278$1,005$785$572
22 years$1,906$1,506$1,178$914$704$503
23 years$1,804$1,408$1,088$832$632$443
24 years$1,710$1,319$1,006$759$568$391
25 years$1,624$1,238$932$693$511$345
26 years$1,545$1,164$864$634$460$305
27 years$1,472$1,095$802$580$415$270
28 years$1,404$1,032$746$531$374$238
29 years$1,341$973$694$487$338$211
30 years$1,282$919$646$447$305$187
31 years$1,228$869$603$411$276$166
32 years$1,176$822$562$378$250$147
33 years$1,128$779$525$347$226$130
34 years$1,083$738$491$319$205$115
35 years$1,041$700$459$294$185$102
36 years$1,001$664$429$271$168$91
37 years$963$631$402$250$152$81
38 years$927$600$376$230$138$72
39 years$893$570$352$212$125$64
40 years$861$543$330$196$114$56
41 years$831$517$310$180$103$50
42 years$802$492$290$167$93$44
43 years$775$469$273$154$85$39
44 years$749$447$256$142$77$35
45 years$724$426$240$131$70$31
46 years$700$406$226$121$63$28
47 years$677$388$212$112$58$25
48 years$656$370$199$103$52$22
49 years$635$354$187$96$48$19
50 years$615$338$176$88$43$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $630,000, adding $4,193 every year, while hoping to spend $42,874 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: 67/25/8 Blend
43$630,000$630,000$630,000$630,000
44$698,585$665,195$655,430$744,072
45$724,223$652,172$631,769$761,788
46$751,039$637,074$605,879$775,607
47$779,109$619,754$577,639$789,578
48$808,512$600,056$546,925$803,710
49$839,337$577,816$513,604$818,014
50$871,680$552,859$477,540$832,503
51$905,644$525,002$438,590$847,193
52$941,342$494,049$396,604$862,105
53$978,895$459,794$351,427$877,262
54$1,018,437$422,018$302,895$892,692
55$1,060,112$380,492$250,837$908,426
56$1,104,079$334,972$195,075$924,504
57$1,150,510$285,200$135,425$940,969
58$1,199,592$230,904$71,691$957,873
59$1,251,529$171,798$3,672$975,275
60$1,306,546$107,577$0$993,244
61$1,364,886$37,920$0$1,017,739
62$1,426,817$0$0$1,043,685
63$1,492,630$0$0$1,081,209
64$1,562,645$0$0$1,132,246
65$1,637,211$0$0$1,186,624
66$1,716,711$0$0$1,244,623
67$1,801,564$0$0$1,306,552
68$1,892,229$0$0$1,372,749
69$1,989,209$0$0$1,443,586
70$2,093,057$0$0$1,519,469
71$2,204,376$0$0$1,600,845
72$2,323,832$0$0$1,688,202
73$2,452,153$0$0$1,782,077
74$2,590,137$0$0$1,883,061
75$2,738,664$0$0$1,991,800
76$2,898,698$0$0$2,109,006
77$3,071,296$0$0$2,235,458
78$3,257,623$0$0$2,372,017
79$3,458,956$0$0$2,519,623
80$3,676,701$0$0$2,679,313
81$3,912,400$0$0$2,852,226
82$4,167,753$0$0$3,039,615
83$4,444,624$0$0$3,242,856
84$4,745,067$0$0$3,463,463
85$5,071,339$0$0$3,703,102
86$5,425,921$0$0$3,963,604
87$5,811,547$0$0$4,246,986
88$6,231,220$0$0$4,555,464
89$6,688,246$0$0$4,891,478
90$7,186,265$0$0$5,257,714
91$7,729,280$0$0$5,657,125
92$8,321,698$0$0$6,092,965
93$8,968,370$0$0$6,568,814
94$9,674,634$0$0$7,088,611
95$10,446,370$0$0$7,656,696
96$11,290,048$0$0$8,277,844
97$12,212,792$0$0$8,957,315
98$13,222,448$0$0$9,700,898
99$14,327,653$0$0$10,514,970
100$15,537,920$0$0$11,406,551