Can I retire at age 44 with 630,000?

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 $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%14.6%
1 years$52,025$51,561$51,109$50,668$50,237$49,283
2 years$25,755$25,275$24,810$24,360$23,922$22,965
3 years$16,999$16,518$16,054$15,607$15,177$14,247
4 years$12,622$12,142$11,683$11,244$10,825$9,927
5 years$9,997$9,520$9,067$8,637$8,229$7,368
6 years$8,247$7,773$7,327$6,907$6,511$5,687
7 years$6,998$6,528$6,089$5,678$5,295$4,509
8 years$6,061$5,596$5,164$4,764$4,393$3,643
9 years$5,333$4,872$4,448$4,057$3,699$2,987
10 years$4,751$4,295$3,878$3,498$3,152$2,475
11 years$4,275$3,823$3,414$3,044$2,711$2,069
12 years$3,879$3,432$3,030$2,670$2,349$1,742
13 years$3,544$3,101$2,707$2,357$2,049$1,474
14 years$3,257$2,819$2,432$2,092$1,796$1,254
15 years$3,008$2,575$2,196$1,866$1,581$1,070
16 years$2,791$2,363$1,991$1,671$1,397$917
17 years$2,600$2,176$1,812$1,501$1,239$787
18 years$2,430$2,011$1,654$1,353$1,102$677
19 years$2,278$1,863$1,514$1,222$982$584
20 years$2,141$1,732$1,389$1,107$877$504
21 years$2,018$1,613$1,278$1,005$785$436
22 years$1,906$1,506$1,178$914$704$378
23 years$1,804$1,408$1,088$832$632$327
24 years$1,710$1,319$1,006$759$568$284
25 years$1,624$1,238$932$693$511$247
26 years$1,545$1,164$864$634$460$214
27 years$1,472$1,095$802$580$415$186
28 years$1,404$1,032$746$531$374$162
29 years$1,341$973$694$487$338$141
30 years$1,282$919$646$447$305$123
31 years$1,228$869$603$411$276$107
32 years$1,176$822$562$378$250$93
33 years$1,128$779$525$347$226$81
34 years$1,083$738$491$319$205$71
35 years$1,041$700$459$294$185$62
36 years$1,001$664$429$271$168$54
37 years$963$631$402$250$152$47
38 years$927$600$376$230$138$41
39 years$893$570$352$212$125$36
40 years$861$543$330$196$114$31
41 years$831$517$310$180$103$27
42 years$802$492$290$167$93$24
43 years$775$469$273$154$85$21
44 years$749$447$256$142$77$18
45 years$724$426$240$131$70$16
46 years$700$406$226$121$63$14
47 years$677$388$212$112$58$12
48 years$656$370$199$103$52$10
49 years$635$354$187$96$48$9
50 years$615$338$176$88$43$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $630,000, adding $5,403 every year, while hoping to spend $22,532 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: 52/42/6 Blend
43$630,000$630,000$630,000$630,000
44$699,833$666,443$656,678$734,953
45$747,242$675,125$654,703$768,058
46$798,732$683,477$651,907$801,127
47$854,695$691,459$648,237$836,544
48$915,562$699,029$643,642$874,534
49$981,809$706,142$638,064$915,347
50$1,053,958$712,747$631,443$959,255
51$1,132,585$718,795$623,720$1,006,564
52$1,218,322$724,229$614,828$1,057,606
53$1,311,866$728,991$604,699$1,112,752
54$1,413,983$733,019$593,264$1,172,408
55$1,525,518$736,246$580,447$1,237,024
56$1,647,400$738,601$566,171$1,307,097
57$1,780,652$740,009$550,355$1,383,176
58$1,926,399$740,391$532,913$1,465,865
59$2,085,883$739,661$513,756$1,555,831
60$2,260,468$737,729$492,792$1,653,813
61$2,451,659$734,501$469,923$1,760,623
62$2,661,110$729,874$445,048$1,877,160
63$2,890,646$723,740$418,060$2,004,414
64$3,142,275$715,987$388,848$2,143,480
65$3,418,209$706,492$357,296$2,295,564
66$3,720,884$695,128$323,283$2,461,999
67$4,052,983$681,758$286,683$2,644,255
68$4,417,463$666,239$247,361$2,843,954
69$4,817,578$648,419$205,182$3,062,885
70$5,256,915$628,135$160,000$3,303,025
71$5,739,425$605,218$111,664$3,566,552
72$6,269,459$579,487$60,018$3,855,872
73$6,851,812$550,750$4,897$4,173,637
74$7,491,766$518,806$0$4,522,774
75$8,195,138$483,440$0$4,909,964
76$8,968,340$444,426$0$5,335,877
77$9,818,433$401,525$0$5,804,140
78$10,753,198$354,485$0$6,319,101
79$11,781,208$303,038$0$6,885,554
80$12,911,907$246,903$0$7,508,787
81$14,155,702$185,781$0$8,194,632
82$15,524,057$119,358$0$8,949,521
83$17,029,605$47,301$0$9,780,546
84$18,686,265$0$0$10,695,528
85$20,509,373$0$0$11,717,300
86$22,515,827$0$0$12,865,963
87$24,724,246$0$0$14,130,326
88$27,155,145$0$0$15,522,142
89$29,831,131$0$0$17,054,366
90$32,777,111$0$0$18,741,268
91$36,020,532$0$0$20,598,576
92$39,591,637$0$0$22,643,619
93$43,523,751$0$0$24,895,493
94$47,853,593$0$0$27,375,237
95$52,621,628$0$0$30,106,038
96$57,872,442$0$0$33,113,444
97$63,655,167$0$0$36,425,609
98$70,023,941$0$0$40,073,553
99$77,038,422$0$0$44,091,463
100$84,764,350$0$0$48,517,008