Can I retire at age 44 with 660,000?

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 $660,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$54,502$54,017$53,543$53,081$52,629$52,167
2 years$26,981$26,479$25,992$25,520$25,062$24,595
3 years$17,809$17,304$16,818$16,351$15,900$15,445
4 years$13,224$12,720$12,239$11,780$11,340$10,899
5 years$10,473$9,973$9,498$9,048$8,621$8,195
6 years$8,640$8,144$7,676$7,236$6,821$6,412
7 years$7,331$6,839$6,379$5,949$5,547$5,155
8 years$6,350$5,862$5,410$4,990$4,602$4,226
9 years$5,587$5,104$4,659$4,251$3,876$3,516
10 years$4,977$4,499$4,062$3,664$3,302$2,958
11 years$4,479$4,005$3,576$3,189$2,840$2,512
12 years$4,064$3,595$3,174$2,797$2,461$2,149
13 years$3,713$3,249$2,836$2,469$2,146$1,849
14 years$3,412$2,953$2,548$2,192$1,881$1,599
15 years$3,152$2,698$2,300$1,955$1,656$1,388
16 years$2,924$2,475$2,086$1,750$1,464$1,210
17 years$2,723$2,279$1,898$1,573$1,298$1,057
18 years$2,545$2,106$1,732$1,417$1,154$926
19 years$2,386$1,952$1,586$1,281$1,029$813
20 years$2,243$1,814$1,456$1,160$919$716
21 years$2,114$1,690$1,339$1,053$822$631
22 years$1,996$1,577$1,234$957$737$557
23 years$1,889$1,475$1,139$872$662$492
24 years$1,792$1,382$1,054$795$595$435
25 years$1,702$1,297$976$726$535$385
26 years$1,619$1,219$905$664$482$341
27 years$1,542$1,147$840$608$435$303
28 years$1,471$1,081$781$557$392$269
29 years$1,405$1,020$727$511$354$239
30 years$1,343$963$677$469$320$212
31 years$1,286$910$631$430$289$188
32 years$1,232$861$589$395$262$168
33 years$1,182$816$550$364$237$149
34 years$1,135$773$514$335$214$133
35 years$1,090$733$480$308$194$118
36 years$1,048$696$449$284$176$105
37 years$1,009$661$421$261$159$94
38 years$971$628$394$241$145$83
39 years$936$597$369$222$131$74
40 years$902$568$346$205$119$66
41 years$871$541$324$189$108$59
42 years$840$515$304$174$98$53
43 years$812$491$286$161$89$47
44 years$784$468$268$149$81$42
45 years$758$446$252$137$73$37
46 years$733$426$236$127$66$33
47 years$710$406$222$117$60$30
48 years$687$388$209$108$55$26
49 years$665$370$196$100$50$24
50 years$644$354$184$93$45$21

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $660,000, adding $5,559 every year, while hoping to spend $45,249 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: 60/25/15 Blend
43$660,000$660,000$660,000$660,000
44$733,054$698,074$687,844$773,948
45$759,681$684,135$662,742$788,235
46$787,507$667,997$635,283$798,264
47$816,608$649,503$605,340$808,136
48$847,063$628,490$572,779$817,841
49$878,959$604,782$537,464$827,370
50$912,393$578,196$499,249$836,714
51$947,466$548,536$457,982$845,868
52$984,289$515,597$413,507$854,825
53$1,022,984$479,159$365,657$863,585
54$1,063,683$438,991$314,260$872,145
55$1,106,528$394,851$259,137$880,511
56$1,151,675$346,480$200,100$888,687
57$1,199,294$293,606$136,951$896,684
58$1,249,570$235,940$69,487$904,517
59$1,302,704$173,179$0$912,208
60$1,358,917$105,002$0$920,184
61$1,418,448$31,069$0$939,972
62$1,481,561$0$0$960,520
63$1,548,542$0$0$995,390
64$1,619,705$0$0$1,041,545
65$1,695,392$0$0$1,090,663
66$1,775,979$0$0$1,142,992
67$1,861,878$0$0$1,198,803
68$1,953,538$0$0$1,258,392
69$2,051,452$0$0$1,322,084
70$2,156,162$0$0$1,390,236
71$2,268,258$0$0$1,463,239
72$2,388,392$0$0$1,541,520
73$2,517,275$0$0$1,625,551
74$2,655,691$0$0$1,715,847
75$2,804,497$0$0$1,812,975
76$2,964,636$0$0$1,917,556
77$3,137,143$0$0$2,030,273
78$3,323,154$0$0$2,151,878
79$3,523,918$0$0$2,283,193
80$3,740,806$0$0$2,425,125
81$3,975,327$0$0$2,578,669
82$4,229,137$0$0$2,744,918
83$4,504,058$0$0$2,925,078
84$4,802,093$0$0$3,120,468
85$5,125,444$0$0$3,332,546
86$5,476,533$0$0$3,562,909
87$5,858,024$0$0$3,813,319
88$6,272,848$0$0$4,085,711
89$6,724,230$0$0$4,382,214
90$7,215,716$0$0$4,705,174
91$7,751,211$0$0$5,057,169
92$8,335,011$0$0$5,441,037
93$8,971,842$0$0$5,859,903
94$9,666,911$0$0$6,317,205
95$10,425,945$0$0$6,816,730
96$11,255,250$0$0$7,362,644
97$12,161,768$0$0$7,959,535
98$13,153,144$0$0$8,612,455
99$14,237,792$0$0$9,326,966
100$15,424,981$0$0$10,109,193