Can I retire at age 44 with 740,000?

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 $740,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.8%
1 years$61,109$60,564$60,033$59,515$59,009$58,563
2 years$30,252$29,688$29,142$28,613$28,099$27,650
3 years$19,967$19,402$18,857$18,333$17,827$17,389
4 years$14,826$14,262$13,723$13,208$12,715$12,289
5 years$11,743$11,182$10,650$10,145$9,665$9,255
6 years$9,687$9,131$8,607$8,113$7,648$7,253
7 years$8,220$7,668$7,152$6,670$6,220$5,840
8 years$7,120$6,573$6,066$5,595$5,160$4,796
9 years$6,265$5,723$5,224$4,766$4,345$3,997
10 years$5,581$5,044$4,555$4,108$3,703$3,370
11 years$5,022$4,491$4,010$3,575$3,184$2,866
12 years$4,556$4,031$3,559$3,136$2,759$2,456
13 years$4,163$3,643$3,179$2,769$2,406$2,118
14 years$3,826$3,311$2,857$2,458$2,109$1,835
15 years$3,534$3,025$2,579$2,192$1,857$1,596
16 years$3,278$2,775$2,338$1,963$1,641$1,394
17 years$3,054$2,556$2,128$1,763$1,455$1,221
18 years$2,854$2,362$1,942$1,589$1,294$1,072
19 years$2,675$2,189$1,778$1,436$1,153$943
20 years$2,515$2,034$1,632$1,301$1,030$832
21 years$2,370$1,894$1,501$1,180$922$735
22 years$2,238$1,768$1,383$1,073$826$650
23 years$2,119$1,654$1,277$977$742$576
24 years$2,009$1,550$1,181$891$667$510
25 years$1,908$1,454$1,094$814$600$453
26 years$1,815$1,367$1,015$744$540$402
27 years$1,729$1,286$942$681$487$358
28 years$1,649$1,212$876$624$440$318
29 years$1,575$1,143$815$572$397$283
30 years$1,506$1,080$759$525$359$252
31 years$1,442$1,021$708$483$324$225
32 years$1,382$966$661$443$293$200
33 years$1,325$915$617$408$266$179
34 years$1,272$867$576$375$240$159
35 years$1,222$822$539$345$218$142
36 years$1,175$780$504$318$197$127
37 years$1,131$741$472$293$179$113
38 years$1,089$704$442$270$162$101
39 years$1,049$670$414$249$147$90
40 years$1,012$637$388$230$133$81
41 years$976$607$364$212$121$72
42 years$942$578$341$196$110$64
43 years$910$551$320$181$100$58
44 years$879$525$301$167$90$51
45 years$850$500$282$154$82$46
46 years$822$477$265$142$75$41
47 years$796$456$249$131$68$37
48 years$770$435$234$121$61$33
49 years$746$415$220$112$56$29
50 years$722$397$207$104$51$26

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $740,000, adding $4,685 every year, while hoping to spend $40,590 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: 47/36/17 Blend
43$740,000$740,000$740,000$740,000
44$820,313$781,093$769,623$854,719
45$860,797$776,179$752,217$874,196
46$904,050$769,664$732,869$890,836
47$950,313$761,426$711,469$908,026
48$999,846$751,337$687,905$925,835
49$1,052,938$739,261$662,058$944,339
50$1,109,906$725,053$633,805$963,625
51$1,171,097$708,561$603,017$983,793
52$1,236,890$689,621$569,559$1,004,956
53$1,307,703$668,063$533,290$1,027,241
54$1,383,996$643,706$494,063$1,050,790
55$1,466,273$616,356$451,723$1,075,765
56$1,555,086$585,811$406,109$1,102,348
57$1,651,045$551,857$357,054$1,130,744
58$1,754,818$514,264$304,382$1,161,182
59$1,867,140$472,794$247,909$1,193,921
60$1,988,819$427,191$187,445$1,229,248
61$2,120,743$377,187$122,789$1,267,488
62$2,263,889$322,499$53,732$1,309,003
63$2,419,330$262,827$0$1,354,197
64$2,588,249$197,853$0$1,407,146
65$2,771,946$127,243$0$1,475,368
66$2,971,850$50,643$0$1,549,715
67$3,189,535$0$0$1,630,860
68$3,426,732$0$0$1,732,355
69$3,685,347$0$0$1,864,964
70$3,967,477$0$0$2,009,710
71$4,275,430$0$0$2,167,787
72$4,611,748$0$0$2,340,511
73$4,979,227$0$0$2,529,328
74$5,380,947$0$0$2,735,832
75$5,820,299$0$0$2,961,778
76$6,301,015$0$0$3,209,097
77$6,827,206$0$0$3,479,917
78$7,403,398$0$0$3,776,581
79$8,034,576$0$0$4,101,668
80$8,726,229$0$0$4,458,020
81$9,484,403$0$0$4,848,767
82$10,315,756$0$0$5,277,355
83$11,227,621$0$0$5,747,580
84$12,228,075$0$0$6,263,625
85$13,326,016$0$0$6,830,094
86$14,531,243$0$0$7,452,062
87$15,854,551$0$0$8,135,117
88$17,307,832$0$0$8,885,417
89$18,904,185$0$0$9,709,743
90$20,658,041$0$0$10,615,569
91$22,585,298$0$0$11,611,125
92$24,703,470$0$0$12,705,479
93$27,031,851$0$0$13,908,624
94$29,591,698$0$0$15,231,565
95$32,406,432$0$0$16,686,431
96$35,501,855$0$0$18,286,582
97$38,906,395$0$0$20,046,740
98$42,651,373$0$0$21,983,124
99$46,771,300$0$0$24,113,606
100$51,304,198$0$0$26,457,875