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%15.4%
1 years$62,760$62,201$61,656$61,123$60,603$59,259
2 years$31,069$30,491$29,930$29,386$28,859$27,511
3 years$20,507$19,926$19,367$18,828$18,309$17,000
4 years$15,227$14,648$14,094$13,565$13,058$11,799
5 years$12,060$11,484$10,937$10,419$9,927$8,720
6 years$9,949$9,378$8,839$8,332$7,855$6,702
7 years$8,442$7,875$7,345$6,850$6,388$5,289
8 years$7,312$6,751$6,229$5,746$5,299$4,254
9 years$6,434$5,878$5,365$4,895$4,463$3,471
10 years$5,732$5,181$4,678$4,219$3,803$2,862
11 years$5,157$4,612$4,118$3,672$3,270$2,381
12 years$4,679$4,140$3,655$3,221$2,834$1,993
13 years$4,275$3,741$3,265$2,844$2,471$1,679
14 years$3,929$3,400$2,934$2,524$2,166$1,420
15 years$3,629$3,106$2,649$2,251$1,907$1,205
16 years$3,367$2,850$2,402$2,016$1,686$1,026
17 years$3,136$2,625$2,185$1,811$1,495$876
18 years$2,931$2,425$1,995$1,632$1,329$750
19 years$2,748$2,248$1,826$1,475$1,185$643
20 years$2,583$2,089$1,676$1,336$1,058$552
21 years$2,434$1,946$1,542$1,212$947$474
22 years$2,299$1,816$1,421$1,102$849$408
23 years$2,176$1,699$1,312$1,004$762$352
24 years$2,063$1,592$1,213$916$685$303
25 years$1,959$1,494$1,124$836$616$261
26 years$1,864$1,404$1,042$764$555$226
27 years$1,776$1,321$968$700$500$195
28 years$1,694$1,245$900$641$452$168
29 years$1,618$1,174$837$588$408$146
30 years$1,547$1,109$780$540$368$126
31 years$1,481$1,048$727$496$333$109
32 years$1,419$992$678$455$301$94
33 years$1,361$939$633$419$273$82
34 years$1,307$890$592$385$247$71
35 years$1,255$845$553$355$224$61
36 years$1,207$802$518$327$203$53
37 years$1,161$761$484$301$184$46
38 years$1,118$724$454$277$166$40
39 years$1,078$688$425$256$151$34
40 years$1,039$655$398$236$137$30
41 years$1,002$623$374$218$124$26
42 years$968$593$350$201$113$22
43 years$934$565$329$185$102$19
44 years$903$539$309$171$93$17
45 years$873$514$290$158$84$15
46 years$844$490$272$146$77$13
47 years$817$468$256$135$70$11
48 years$791$447$240$125$63$9
49 years$766$427$226$115$57$8
50 years$742$407$212$107$52$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $760,000, adding $2,385 every year, while hoping to spend $24,600 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: 78/9/13 Blend
43$760,000$760,000$760,000$760,000
44$839,980$799,700$787,920$903,157
45$899,484$812,711$788,141$958,091
46$964,233$825,535$787,545$1,014,950
47$1,034,735$838,137$786,079$1,076,619
48$1,111,552$850,480$783,686$1,143,569
49$1,195,299$862,522$780,308$1,216,317
50$1,286,654$874,221$775,884$1,295,435
51$1,386,366$885,530$770,349$1,381,552
52$1,495,255$896,401$763,635$1,475,361
53$1,614,225$906,779$755,672$1,577,624
54$1,744,275$916,610$746,385$1,689,183
55$1,886,499$925,832$735,697$1,810,964
56$2,042,106$934,382$723,527$1,943,989
57$2,212,426$942,191$709,790$2,089,383
58$2,398,921$949,187$694,396$2,248,385
59$2,603,205$955,291$677,252$2,422,361
60$2,827,054$960,422$658,262$2,612,818
61$3,072,422$964,491$637,322$2,821,413
62$3,341,464$967,406$614,327$3,049,976
63$3,636,550$969,066$589,164$3,300,520
64$3,960,295$969,367$561,718$3,575,266
65$4,315,576$968,196$531,866$3,876,661
66$4,705,561$965,435$499,481$4,207,401
67$5,133,745$960,958$464,429$4,570,458
68$5,603,971$954,629$426,572$4,969,106
69$6,120,478$946,308$385,765$5,406,955
70$6,687,934$935,844$341,854$5,887,983
71$7,311,479$923,076$294,683$6,416,573
72$7,996,780$907,837$244,084$6,997,556
73$8,750,076$889,945$189,886$7,636,256
74$9,578,244$869,213$131,907$8,338,543
75$10,488,858$845,437$69,959$9,110,882
76$11,490,264$818,406$3,845$9,960,400
77$12,591,657$787,895$0$10,894,954
78$13,803,168$753,663$0$11,932,452
79$15,135,959$715,460$0$13,074,353
80$16,602,328$673,019$0$14,330,669
81$18,215,825$626,056$0$15,713,021
82$19,991,380$574,275$0$17,234,213
83$21,945,445$517,358$0$18,908,356
84$24,096,146$454,974$0$20,750,999
85$26,463,454$386,769$0$22,779,275
86$29,069,376$312,371$0$25,012,067
87$31,938,163$231,387$0$27,470,180
88$35,096,532$143,402$0$30,176,542
89$38,573,927$47,977$0$33,156,418
90$42,402,788$0$0$36,437,650
91$46,618,865$0$0$40,056,402
92$51,261,547$0$0$44,046,584
93$56,374,241$0$0$48,440,754
94$62,004,777$0$0$53,280,024
95$68,205,858$0$0$58,609,696
96$75,035,563$0$0$64,479,691
97$82,557,887$0$0$70,945,018
98$90,843,353$0$0$78,066,292
99$99,969,670$0$0$85,910,310
100$110,022,471$0$0$94,550,677