Can I retire at age 44 with 730,000?

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 $730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.5%
1 years$60,283$59,746$59,222$58,711$58,211$57,129
2 years$29,843$29,287$28,748$28,226$27,720$26,634
3 years$19,698$19,139$18,602$18,085$17,586$16,530
4 years$14,626$14,070$13,538$13,029$12,543$11,525
5 years$11,584$11,031$10,506$10,008$9,535$8,558
6 years$9,556$9,007$8,490$8,003$7,545$6,609
7 years$8,109$7,564$7,055$6,580$6,136$5,243
8 years$7,024$6,484$5,984$5,520$5,090$4,239
9 years$6,180$5,646$5,154$4,702$4,287$3,477
10 years$5,505$4,976$4,493$4,053$3,652$2,883
11 years$4,954$4,430$3,956$3,527$3,141$2,412
12 years$4,495$3,976$3,510$3,094$2,722$2,031
13 years$4,106$3,593$3,136$2,731$2,374$1,721
14 years$3,774$3,266$2,818$2,425$2,081$1,464
15 years$3,486$2,984$2,544$2,162$1,832$1,251
16 years$3,234$2,738$2,307$1,936$1,619$1,072
17 years$3,012$2,521$2,099$1,740$1,436$921
18 years$2,815$2,330$1,916$1,568$1,277$793
19 years$2,639$2,159$1,754$1,417$1,138$685
20 years$2,481$2,006$1,610$1,283$1,016$592
21 years$2,338$1,869$1,481$1,164$910$512
22 years$2,208$1,745$1,365$1,059$815$444
23 years$2,090$1,632$1,260$964$732$385
24 years$1,982$1,529$1,165$879$658$334
25 years$1,882$1,435$1,079$803$592$290
26 years$1,790$1,348$1,001$734$533$253
27 years$1,706$1,269$930$672$481$220
28 years$1,627$1,196$864$616$434$191
29 years$1,554$1,128$804$565$392$167
30 years$1,486$1,065$749$518$354$145
31 years$1,422$1,007$698$476$320$126
32 years$1,363$953$652$437$289$110
33 years$1,307$902$608$402$262$96
34 years$1,255$855$568$370$237$84
35 years$1,206$811$531$341$215$73
36 years$1,159$770$497$314$195$64
37 years$1,116$731$465$289$176$56
38 years$1,074$695$436$266$160$49
39 years$1,035$661$408$246$145$42
40 years$998$629$383$227$132$37
41 years$963$598$359$209$119$32
42 years$929$570$337$193$108$28
43 years$898$543$316$178$98$25
44 years$867$518$296$164$89$21
45 years$839$494$278$152$81$19
46 years$811$471$261$140$74$16
47 years$785$449$246$130$67$14
48 years$760$429$231$120$61$12
49 years$736$410$217$111$55$11
50 years$713$391$204$102$50$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $730,000, adding $2,063 every year, while hoping to spend $51,214 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: 68/7/25 Blend
43$730,000$730,000$730,000$730,000
44$806,588$767,898$756,583$856,121
45$834,369$751,034$727,437$872,765
46$863,266$731,627$695,599$884,908
47$893,341$709,498$660,923$897,004
48$924,658$684,459$623,259$909,050
49$957,284$656,309$582,450$921,041
50$991,295$624,836$538,330$932,975
51$1,026,771$589,817$490,728$944,851
52$1,063,799$551,014$439,464$956,671
53$1,102,470$508,178$384,350$968,437
54$1,142,886$461,043$325,189$980,155
55$1,185,155$409,328$261,778$991,832
56$1,229,395$352,740$193,902$1,003,481
57$1,275,733$290,964$121,337$1,015,116
58$1,324,307$223,670$43,851$1,026,756
59$1,375,267$150,511$0$1,038,425
60$1,428,775$71,116$0$1,060,512
61$1,485,007$0$0$1,095,850
62$1,544,156$0$0$1,133,989
63$1,606,430$0$0$1,179,926
64$1,672,056$0$0$1,228,352
65$1,741,282$0$0$1,279,451
66$1,814,377$0$0$1,333,426
67$1,891,636$0$0$1,390,495
68$1,973,379$0$0$1,450,899
69$2,059,957$0$0$1,514,899
70$2,151,753$0$0$1,582,782
71$2,249,185$0$0$1,654,859
72$2,352,710$0$0$1,731,473
73$2,462,829$0$0$1,812,998
74$2,580,090$0$0$1,899,844
75$2,705,092$0$0$1,992,458
76$2,838,493$0$0$2,091,332
77$2,981,010$0$0$2,197,004
78$3,133,434$0$0$2,310,063
79$3,296,628$0$0$2,431,157
80$3,471,541$0$0$2,560,995
81$3,659,213$0$0$2,700,355
82$3,860,785$0$0$2,850,091
83$4,077,510$0$0$3,011,141
84$4,310,763$0$0$3,184,533
85$4,562,054$0$0$3,371,399
86$4,833,042$0$0$3,572,979
87$5,125,549$0$0$3,790,637
88$5,441,577$0$0$4,025,873
89$5,783,327$0$0$4,280,334
90$6,153,216$0$0$4,555,830
91$6,553,903$0$0$4,854,353
92$6,988,312$0$0$5,178,090
93$7,459,657$0$0$5,529,449
94$7,971,474$0$0$5,911,077
95$8,527,649$0$0$6,325,886
96$9,132,462$0$0$6,777,080
97$9,790,618$0$0$7,268,184
98$10,507,295$0$0$7,803,075
99$11,288,192$0$0$8,386,021
100$12,139,578$0$0$9,021,720