Can I retire at age 44 with 680,000?

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 $680,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$56,154$55,654$55,166$54,689$54,224$53,108
2 years$27,799$27,281$26,779$26,293$25,821$24,701
3 years$18,349$17,829$17,328$16,846$16,382$15,294
4 years$13,624$13,106$12,610$12,137$11,684$10,636
5 years$10,790$10,275$9,786$9,322$8,882$7,877
6 years$8,902$8,390$7,909$7,455$7,028$6,067
7 years$7,553$7,046$6,572$6,129$5,716$4,799
8 years$6,542$6,040$5,574$5,142$4,742$3,869
9 years$5,757$5,259$4,801$4,379$3,993$3,164
10 years$5,128$4,635$4,185$3,775$3,402$2,616
11 years$4,615$4,127$3,685$3,286$2,926$2,181
12 years$4,187$3,704$3,270$2,882$2,536$1,831
13 years$3,825$3,347$2,922$2,544$2,211$1,546
14 years$3,515$3,043$2,625$2,258$1,938$1,311
15 years$3,247$2,779$2,370$2,014$1,707$1,116
16 years$3,013$2,550$2,149$1,803$1,508$953
17 years$2,806$2,348$1,955$1,620$1,337$816
18 years$2,622$2,170$1,785$1,460$1,189$700
19 years$2,459$2,011$1,634$1,320$1,060$602
20 years$2,311$1,869$1,500$1,195$947$518
21 years$2,178$1,741$1,379$1,085$847$447
22 years$2,057$1,625$1,271$986$759$386
23 years$1,947$1,520$1,174$898$682$333
24 years$1,846$1,424$1,086$819$613$288
25 years$1,753$1,336$1,005$748$551$250
26 years$1,668$1,256$933$684$497$216
27 years$1,589$1,182$866$626$448$187
28 years$1,516$1,114$805$574$404$162
29 years$1,448$1,051$749$526$365$141
30 years$1,384$992$698$483$330$122
31 years$1,325$938$651$443$298$106
32 years$1,270$888$607$407$270$92
33 years$1,218$841$567$375$244$80
34 years$1,169$797$530$345$221$69
35 years$1,123$756$495$317$200$60
36 years$1,080$717$463$292$181$52
37 years$1,039$681$433$269$164$45
38 years$1,001$647$406$248$149$40
39 years$964$616$380$229$135$34
40 years$930$586$356$211$123$30
41 years$897$558$334$195$111$26
42 years$866$531$314$180$101$23
43 years$836$506$294$166$92$20
44 years$808$482$276$153$83$17
45 years$781$460$259$141$75$15
46 years$755$439$244$131$68$13
47 years$731$419$229$121$62$11
48 years$708$400$215$112$56$10
49 years$685$382$202$103$51$8
50 years$664$365$190$95$47$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $680,000, adding $4,836 every year, while hoping to spend $39,438 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: 30/44/26 Blend
43$680,000$680,000$680,000$680,000
44$754,348$718,308$707,768$770,811
45$789,330$711,544$689,517$777,207
46$826,558$703,126$669,332$780,286
47$866,220$692,932$647,108$782,804
48$908,521$680,832$622,733$784,740
49$953,687$666,689$596,090$786,073
50$1,001,962$650,357$567,059$786,784
51$1,053,618$631,680$535,511$786,858
52$1,108,952$610,496$501,315$786,282
53$1,168,286$586,632$464,331$785,045
54$1,231,979$559,905$424,413$783,143
55$1,300,421$530,121$381,412$780,574
56$1,374,042$497,074$335,167$777,343
57$1,453,313$460,550$285,513$773,463
58$1,538,752$420,318$232,279$768,952
59$1,630,927$376,136$175,283$763,837
60$1,730,464$327,749$114,337$758,158
61$1,838,049$274,886$49,245$751,963
62$1,954,437$217,262$0$745,316
63$2,080,456$154,575$0$743,903
64$2,217,020$86,506$0$757,153
65$2,365,130$12,719$0$771,566
66$2,525,890$0$0$787,342
67$2,700,511$0$0$837,216
68$2,890,330$0$0$898,220
69$3,096,812$0$0$964,677
70$3,321,573$0$0$1,037,120
71$3,566,390$0$0$1,116,136
72$3,833,217$0$0$1,202,367
73$4,124,207$0$0$1,296,524
74$4,441,728$0$0$1,399,388
75$4,788,387$0$0$1,511,818
76$5,167,054$0$0$1,634,762
77$5,580,887$0$0$1,769,261
78$6,033,366$0$0$1,916,464
79$6,528,319$0$0$2,077,633
80$7,069,964$0$0$2,254,161
81$7,662,942$0$0$2,447,580
82$8,312,367$0$0$2,659,577
83$9,023,869$0$0$2,892,012
84$9,803,649$0$0$3,146,932
85$10,658,537$0$0$3,426,592
86$11,596,052$0$0$3,733,476
87$12,624,480$0$0$4,070,318
88$13,752,945$0$0$4,440,134
89$14,991,498$0$0$4,846,242
90$16,351,209$0$0$5,292,299
91$17,844,274$0$0$5,782,334
92$19,484,126$0$0$6,320,784
93$21,285,566$0$0$6,912,539
94$23,264,895$0$0$7,562,984
95$25,440,074$0$0$8,278,054
96$27,830,889$0$0$9,064,286
97$30,459,139$0$0$9,928,882
98$33,348,840$0$0$10,879,779
99$36,526,450$0$0$11,925,718
100$40,021,122$0$0$13,076,334