Can I retire at age 44 with 760,000?

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 $760,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.6%
1 years$62,760$62,201$61,656$61,123$60,603$59,453
2 years$31,069$30,491$29,930$29,386$28,859$27,704
3 years$20,507$19,926$19,367$18,828$18,309$17,186
4 years$15,227$14,648$14,094$13,565$13,058$11,976
5 years$12,060$11,484$10,937$10,419$9,927$8,888
6 years$9,949$9,378$8,839$8,332$7,855$6,861
7 years$8,442$7,875$7,345$6,850$6,388$5,439
8 years$7,312$6,751$6,229$5,746$5,299$4,395
9 years$6,434$5,878$5,365$4,895$4,463$3,603
10 years$5,732$5,181$4,678$4,219$3,803$2,986
11 years$5,157$4,612$4,118$3,672$3,270$2,496
12 years$4,679$4,140$3,655$3,221$2,834$2,101
13 years$4,275$3,741$3,265$2,844$2,471$1,779
14 years$3,929$3,400$2,934$2,524$2,166$1,513
15 years$3,629$3,106$2,649$2,251$1,907$1,291
16 years$3,367$2,850$2,402$2,016$1,686$1,106
17 years$3,136$2,625$2,185$1,811$1,495$949
18 years$2,931$2,425$1,995$1,632$1,329$817
19 years$2,748$2,248$1,826$1,475$1,185$705
20 years$2,583$2,089$1,676$1,336$1,058$608
21 years$2,434$1,946$1,542$1,212$947$526
22 years$2,299$1,816$1,421$1,102$849$456
23 years$2,176$1,699$1,312$1,004$762$395
24 years$2,063$1,592$1,213$916$685$343
25 years$1,959$1,494$1,124$836$616$298
26 years$1,864$1,404$1,042$764$555$259
27 years$1,776$1,321$968$700$500$225
28 years$1,694$1,245$900$641$452$195
29 years$1,618$1,174$837$588$408$170
30 years$1,547$1,109$780$540$368$148
31 years$1,481$1,048$727$496$333$129
32 years$1,419$992$678$455$301$112
33 years$1,361$939$633$419$273$98
34 years$1,307$890$592$385$247$85
35 years$1,255$845$553$355$224$74
36 years$1,207$802$518$327$203$65
37 years$1,161$761$484$301$184$56
38 years$1,118$724$454$277$166$49
39 years$1,078$688$425$256$151$43
40 years$1,039$655$398$236$137$37
41 years$1,002$623$374$218$124$33
42 years$968$593$350$201$113$28
43 years$934$565$329$185$102$25
44 years$903$539$309$171$93$22
45 years$873$514$290$158$84$19
46 years$844$490$272$146$77$16
47 years$817$468$256$135$70$14
48 years$791$447$240$125$63$13
49 years$766$427$226$115$57$11
50 years$742$407$212$107$52$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $760,000, adding $4,103 every year, while hoping to spend $38,508 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: 71/8/21 Blend
43$760,000$760,000$760,000$760,000
44$841,752$801,472$789,692$896,901
45$886,639$799,772$775,175$932,497
46$934,813$796,698$758,880$966,503
47$986,570$792,142$740,709$1,002,783
48$1,042,233$785,990$720,555$1,041,559
49$1,102,157$778,120$698,310$1,083,074
50$1,166,732$768,403$673,858$1,127,598
51$1,236,386$756,702$647,081$1,175,430
52$1,311,591$742,874$617,851$1,226,897
53$1,392,863$726,765$586,039$1,282,363
54$1,480,771$708,212$551,507$1,342,230
55$1,575,939$687,044$514,112$1,406,942
56$1,679,055$663,079$473,705$1,476,987
57$1,790,873$636,124$430,128$1,552,907
58$1,912,224$605,976$383,219$1,635,300
59$2,044,021$572,419$332,807$1,724,824
60$2,187,269$535,225$278,714$1,822,209
61$2,343,073$494,154$220,754$1,928,259
62$2,512,649$448,951$158,732$2,043,861
63$2,697,336$399,346$92,446$2,169,996
64$2,898,605$345,054$21,684$2,307,747
65$3,118,077$285,776$0$2,458,309
66$3,357,535$221,194$0$2,635,061
67$3,618,942$150,971$0$2,833,368
68$3,904,460$74,754$0$3,050,025
69$4,216,466$0$0$3,286,862
70$4,557,581$0$0$3,546,585
71$4,930,686$0$0$3,837,901
72$5,338,958$0$0$4,156,712
73$5,785,892$0$0$4,505,753
74$6,275,337$0$0$4,888,035
75$6,811,533$0$0$5,306,876
76$7,399,149$0$0$5,765,926
77$8,043,325$0$0$6,269,208
78$8,749,727$0$0$6,821,153
79$9,524,589$0$0$7,426,639
80$10,374,782$0$0$8,091,042
81$11,307,874$0$0$8,820,280
82$12,332,200$0$0$9,620,875
83$13,456,941$0$0$10,500,010
84$14,692,211$0$0$11,465,598
85$16,049,153$0$0$12,526,355
86$17,540,040$0$0$13,691,884
87$19,178,395$0$0$14,972,764
88$20,979,115$0$0$16,380,650
89$22,958,610$0$0$17,928,381
90$25,134,961$0$0$19,630,103
91$27,528,090$0$0$21,501,401
92$30,159,943$0$0$23,559,446
93$33,054,700$0$0$25,823,155
94$36,239,004$0$0$28,313,374
95$39,742,207$0$0$31,053,067
96$43,596,652$0$0$34,067,538
97$47,837,974$0$0$37,384,667
98$52,505,436$0$0$41,035,174
99$57,642,301$0$0$45,052,907
100$63,296,238$0$0$49,475,161