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%12.8%
1 years$60,283$59,746$59,222$58,711$58,211$57,532
2 years$29,843$29,287$28,748$28,226$27,720$27,035
3 years$19,698$19,139$18,602$18,085$17,586$16,919
4 years$14,626$14,070$13,538$13,029$12,543$11,897
5 years$11,584$11,031$10,506$10,008$9,535$8,913
6 years$9,556$9,007$8,490$8,003$7,545$6,948
7 years$8,109$7,564$7,055$6,580$6,136$5,564
8 years$7,024$6,484$5,984$5,520$5,090$4,543
9 years$6,180$5,646$5,154$4,702$4,287$3,764
10 years$5,505$4,976$4,493$4,053$3,652$3,154
11 years$4,954$4,430$3,956$3,527$3,141$2,666
12 years$4,495$3,976$3,510$3,094$2,722$2,271
13 years$4,106$3,593$3,136$2,731$2,374$1,945
14 years$3,774$3,266$2,818$2,425$2,081$1,674
15 years$3,486$2,984$2,544$2,162$1,832$1,447
16 years$3,234$2,738$2,307$1,936$1,619$1,255
17 years$3,012$2,521$2,099$1,740$1,436$1,091
18 years$2,815$2,330$1,916$1,568$1,277$951
19 years$2,639$2,159$1,754$1,417$1,138$831
20 years$2,481$2,006$1,610$1,283$1,016$728
21 years$2,338$1,869$1,481$1,164$910$638
22 years$2,208$1,745$1,365$1,059$815$560
23 years$2,090$1,632$1,260$964$732$492
24 years$1,982$1,529$1,165$879$658$433
25 years$1,882$1,435$1,079$803$592$381
26 years$1,790$1,348$1,001$734$533$336
27 years$1,706$1,269$930$672$481$296
28 years$1,627$1,196$864$616$434$262
29 years$1,554$1,128$804$565$392$231
30 years$1,486$1,065$749$518$354$204
31 years$1,422$1,007$698$476$320$180
32 years$1,363$953$652$437$289$159
33 years$1,307$902$608$402$262$141
34 years$1,255$855$568$370$237$125
35 years$1,206$811$531$341$215$110
36 years$1,159$770$497$314$195$98
37 years$1,116$731$465$289$176$86
38 years$1,074$695$436$266$160$77
39 years$1,035$661$408$246$145$68
40 years$998$629$383$227$132$60
41 years$963$598$359$209$119$53
42 years$929$570$337$193$108$47
43 years$898$543$316$178$98$42
44 years$867$518$296$164$89$37
45 years$839$494$278$152$81$33
46 years$811$471$261$140$74$29
47 years$785$449$246$130$67$26
48 years$760$429$231$120$61$23
49 years$736$410$217$111$55$20
50 years$713$391$204$102$50$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $730,000, adding $4,257 every year, while hoping to spend $32,709 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: 47/26/27 Blend
43$730,000$730,000$730,000$730,000
44$808,851$770,161$758,846$840,436
45$856,552$773,097$749,465$866,058
46$908,022$775,080$738,674$890,322
47$963,611$776,030$726,390$916,024
48$1,023,703$775,860$712,529$943,316
49$1,088,722$774,478$697,000$972,365
50$1,159,132$771,788$679,709$1,003,361
51$1,235,444$767,685$660,560$1,036,513
52$1,318,219$762,062$639,448$1,072,052
53$1,408,074$754,800$616,267$1,110,238
54$1,505,690$745,778$590,904$1,151,357
55$1,611,814$734,864$563,243$1,195,729
56$1,727,267$721,921$533,160$1,243,706
57$1,852,955$706,801$500,527$1,295,683
58$1,989,872$689,350$465,211$1,352,094
59$2,139,114$669,404$427,070$1,413,424
60$2,301,887$646,787$385,960$1,480,208
61$2,479,517$621,317$341,727$1,553,042
62$2,673,464$592,798$294,211$1,632,583
63$2,885,336$561,025$243,247$1,719,562
64$3,116,904$525,778$188,659$1,814,789
65$3,370,115$486,828$130,266$1,919,157
66$3,647,116$443,932$67,879$2,033,661
67$3,950,268$396,830$1,299$2,159,396
68$4,282,172$345,252$0$2,297,580
69$4,645,694$288,910$0$2,469,653
70$5,043,987$227,498$0$2,658,713
71$5,480,525$160,698$0$2,866,096
72$5,959,135$88,168$0$3,093,692
73$6,484,031$9,552$0$3,343,584
74$7,059,853$0$0$3,618,074
75$7,691,715$0$0$3,941,308
76$8,385,247$0$0$4,299,176
77$9,146,651$0$0$4,692,156
78$9,982,762$0$0$5,123,785
79$10,901,105$0$0$5,597,961
80$11,909,972$0$0$6,118,977
81$13,018,498$0$0$6,691,562
82$14,236,745$0$0$7,320,927
83$15,575,800$0$0$8,012,812
84$17,047,876$0$0$8,773,542
85$18,666,429$0$0$9,610,084
86$20,446,284$0$0$10,530,115
87$22,403,775$0$0$11,542,093
88$24,556,896$0$0$12,655,336
89$26,925,476$0$0$13,880,113
90$29,531,360$0$0$15,227,736
91$32,398,618$0$0$16,710,670
92$35,553,771$0$0$18,342,649
93$39,026,039$0$0$20,138,806
94$42,847,622$0$0$22,115,814
95$47,053,995$0$0$24,292,048
96$51,684,249$0$0$26,687,750
97$56,781,458$0$0$29,325,228
98$62,393,083$0$0$32,229,062
99$68,571,421$0$0$35,426,336
100$75,374,098$0$0$38,946,894