Can I retire at age 44 with 750,000?

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 $750,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.1%
1 years$61,934$61,383$60,844$60,319$59,806$59,034
2 years$30,661$30,090$29,536$29,000$28,479$27,703
3 years$20,237$19,664$19,112$18,580$18,068$17,311
4 years$15,027$14,455$13,909$13,386$12,886$12,155
5 years$11,901$11,333$10,794$10,282$9,796$9,092
6 years$9,818$9,254$8,723$8,222$7,751$7,075
7 years$8,331$7,772$7,249$6,760$6,304$5,656
8 years$7,216$6,662$6,147$5,671$5,230$4,611
9 years$6,349$5,800$5,295$4,830$4,404$3,813
10 years$5,656$5,113$4,616$4,164$3,753$3,189
11 years$5,090$4,551$4,064$3,624$3,227$2,691
12 years$4,618$4,085$3,607$3,179$2,797$2,287
13 years$4,219$3,692$3,222$2,806$2,439$1,956
14 years$3,877$3,356$2,895$2,491$2,138$1,680
15 years$3,581$3,066$2,614$2,222$1,882$1,449
16 years$3,323$2,813$2,370$1,989$1,664$1,254
17 years$3,095$2,590$2,157$1,787$1,475$1,088
18 years$2,892$2,394$1,969$1,611$1,312$947
19 years$2,712$2,218$1,802$1,455$1,169$825
20 years$2,549$2,061$1,654$1,318$1,044$721
21 years$2,402$1,920$1,521$1,196$934$631
22 years$2,269$1,792$1,402$1,088$838$552
23 years$2,147$1,676$1,295$991$752$484
24 years$2,036$1,571$1,197$903$676$425
25 years$1,934$1,474$1,109$825$608$374
26 years$1,839$1,385$1,029$754$548$328
27 years$1,752$1,304$955$691$494$289
28 years$1,672$1,228$888$633$446$254
29 years$1,597$1,159$826$580$402$224
30 years$1,527$1,094$770$532$364$197
31 years$1,461$1,035$717$489$329$174
32 years$1,400$979$669$449$297$153
33 years$1,343$927$625$413$269$135
34 years$1,289$879$584$380$244$119
35 years$1,239$833$546$350$221$105
36 years$1,191$791$511$322$200$93
37 years$1,146$751$478$297$181$82
38 years$1,104$714$448$274$164$73
39 years$1,063$679$419$252$149$64
40 years$1,025$646$393$233$135$57
41 years$989$615$369$215$123$50
42 years$955$586$346$198$111$44
43 years$922$558$324$183$101$39
44 years$891$532$305$169$92$35
45 years$861$507$286$156$83$30
46 years$833$484$269$144$76$27
47 years$806$462$252$133$69$24
48 years$780$441$237$123$62$21
49 years$756$421$223$114$57$19
50 years$732$402$210$105$51$16

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $750,000, adding $2,486 every year, while hoping to spend $41,698 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: 62/17/21 Blend
43$750,000$750,000$750,000$750,000
44$829,064$789,314$777,689$875,793
45$869,263$783,624$759,376$901,957
46$912,163$776,258$739,051$925,654
47$957,999$767,089$716,603$950,577
48$1,007,022$755,984$691,917$976,850
49$1,059,512$742,801$664,870$1,004,613
50$1,115,774$727,390$635,335$1,034,019
51$1,176,143$709,592$603,178$1,065,241
52$1,240,985$689,238$568,261$1,098,468
53$1,310,706$666,151$530,438$1,133,914
54$1,385,747$640,141$489,556$1,171,815
55$1,466,594$611,009$445,458$1,212,432
56$1,553,782$578,544$397,976$1,256,058
57$1,647,898$542,523$346,938$1,303,015
58$1,749,586$502,709$292,163$1,353,664
59$1,859,554$458,852$233,461$1,408,402
60$1,978,582$410,689$170,635$1,467,672
61$2,107,525$357,941$103,479$1,531,964
62$2,247,325$300,312$31,778$1,601,823
63$2,399,017$237,492$0$1,677,851
64$2,563,739$169,151$0$1,770,742
65$2,742,743$94,943$0$1,879,463
66$2,937,407$14,499$0$1,997,760
67$3,149,247$0$0$2,126,600
68$3,379,929$0$0$2,280,623
69$3,631,288$0$0$2,451,458
70$3,905,345$0$0$2,637,773
71$4,204,320$0$0$2,841,083
72$4,530,661$0$0$3,063,061
73$4,887,060$0$0$3,305,544
74$5,276,481$0$0$3,570,557
75$5,702,188$0$0$3,860,329
76$6,167,773$0$0$4,177,313
77$6,677,193$0$0$4,524,211
78$7,234,803$0$0$4,903,998
79$7,845,400$0$0$5,319,951
80$8,514,267$0$0$5,775,677
81$9,247,220$0$0$6,275,149
82$10,050,666$0$0$6,822,743
83$10,931,661$0$0$7,423,280
84$11,897,976$0$0$8,082,066
85$12,958,170$0$0$8,804,949
86$14,121,672$0$0$9,598,370
87$15,398,867$0$0$10,469,422
88$16,801,195$0$0$11,425,920
89$18,341,257$0$0$12,476,472
90$20,032,934$0$0$13,630,561
91$21,891,521$0$0$14,898,634
92$23,933,863$0$0$16,292,200
93$26,178,520$0$0$17,823,938
94$28,645,939$0$0$19,507,815
95$31,358,647$0$0$21,359,223
96$34,341,462$0$0$23,395,114
97$37,621,728$0$0$25,634,170
98$41,229,570$0$0$28,096,971
99$45,198,180$0$0$30,806,194
100$49,564,129$0$0$33,786,822