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%13.3%
1 years$62,760$62,201$61,656$61,123$60,603$59,772
2 years$31,069$30,491$29,930$29,386$28,859$28,022
3 years$20,507$19,926$19,367$18,828$18,309$17,494
4 years$15,227$14,648$14,094$13,565$13,058$12,271
5 years$12,060$11,484$10,937$10,419$9,927$9,169
6 years$9,949$9,378$8,839$8,332$7,855$7,128
7 years$8,442$7,875$7,345$6,850$6,388$5,692
8 years$7,312$6,751$6,229$5,746$5,299$4,634
9 years$6,434$5,878$5,365$4,895$4,463$3,828
10 years$5,732$5,181$4,678$4,219$3,803$3,198
11 years$5,157$4,612$4,118$3,672$3,270$2,695
12 years$4,679$4,140$3,655$3,221$2,834$2,288
13 years$4,275$3,741$3,265$2,844$2,471$1,953
14 years$3,929$3,400$2,934$2,524$2,166$1,676
15 years$3,629$3,106$2,649$2,251$1,907$1,443
16 years$3,367$2,850$2,402$2,016$1,686$1,247
17 years$3,136$2,625$2,185$1,811$1,495$1,081
18 years$2,931$2,425$1,995$1,632$1,329$939
19 years$2,748$2,248$1,826$1,475$1,185$818
20 years$2,583$2,089$1,676$1,336$1,058$713
21 years$2,434$1,946$1,542$1,212$947$623
22 years$2,299$1,816$1,421$1,102$849$545
23 years$2,176$1,699$1,312$1,004$762$477
24 years$2,063$1,592$1,213$916$685$418
25 years$1,959$1,494$1,124$836$616$367
26 years$1,864$1,404$1,042$764$555$322
27 years$1,776$1,321$968$700$500$283
28 years$1,694$1,245$900$641$452$248
29 years$1,618$1,174$837$588$408$219
30 years$1,547$1,109$780$540$368$192
31 years$1,481$1,048$727$496$333$169
32 years$1,419$992$678$455$301$149
33 years$1,361$939$633$419$273$131
34 years$1,307$890$592$385$247$116
35 years$1,255$845$553$355$224$102
36 years$1,207$802$518$327$203$90
37 years$1,161$761$484$301$184$79
38 years$1,118$724$454$277$166$70
39 years$1,078$688$425$256$151$61
40 years$1,039$655$398$236$137$54
41 years$1,002$623$374$218$124$48
42 years$968$593$350$201$113$42
43 years$934$565$329$185$102$37
44 years$903$539$309$171$93$33
45 years$873$514$290$158$84$29
46 years$844$490$272$146$77$26
47 years$817$468$256$135$70$23
48 years$791$447$240$125$63$20
49 years$766$427$226$115$57$18
50 years$742$407$212$107$52$15

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $760,000, adding $2,669 every year, while hoping to spend $33,338 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: 58/22/20 Blend
43$760,000$760,000$760,000$760,000
44$840,273$799,993$788,213$884,404
45$890,510$803,721$779,147$918,429
46$944,753$806,515$768,660$951,662
47$1,003,376$808,293$756,668$987,152
48$1,066,791$808,969$743,087$1,025,123
49$1,135,447$808,452$727,824$1,065,826
50$1,209,841$806,645$710,784$1,109,533
51$1,290,519$803,445$691,870$1,156,551
52$1,378,080$798,741$670,975$1,207,215
53$1,473,184$792,419$647,993$1,261,899
54$1,576,556$784,356$622,808$1,321,013
55$1,688,995$774,420$595,303$1,385,015
56$1,811,380$762,473$565,352$1,454,407
57$1,944,676$748,370$532,827$1,529,748
58$2,089,947$731,954$497,591$1,611,652
59$2,248,364$713,062$459,502$1,700,801
60$2,421,214$691,519$418,413$1,797,947
61$2,609,916$667,142$374,168$1,903,922
62$2,816,030$639,734$326,605$2,019,647
63$3,041,275$609,091$275,556$2,146,136
64$3,287,542$574,993$220,844$2,284,511
65$3,556,914$537,211$162,285$2,436,014
66$3,851,684$495,499$99,687$2,602,013
67$4,174,378$449,601$32,848$2,784,022
68$4,527,776$399,242$0$2,983,713
69$4,914,940$344,137$0$3,211,141
70$5,339,243$283,978$0$3,468,150
71$5,804,398$218,446$0$3,750,019
72$6,314,497$147,200$0$4,059,287
73$6,874,045$69,882$0$4,398,748
74$7,488,004$0$0$4,771,487
75$8,161,840$0$0$5,184,267
76$8,901,574$0$0$5,656,053
77$9,713,838$0$0$6,174,166
78$10,605,940$0$0$6,743,274
79$11,585,926$0$0$7,368,520
80$12,662,663$0$0$8,055,570
81$13,845,919$0$0$8,810,666
82$15,146,455$0$0$9,640,685
83$16,576,126$0$0$10,553,203
84$18,147,991$0$0$11,556,567
85$19,876,442$0$0$12,659,972
86$21,777,332$0$0$13,873,550
87$23,868,127$0$0$15,208,465
88$26,168,073$0$0$16,677,015
89$28,698,373$0$0$18,292,752
90$31,482,391$0$0$20,070,607
91$34,545,867$0$0$22,027,030
92$37,917,164$0$0$24,180,149
93$41,627,533$0$0$26,549,937
94$45,711,409$0$0$29,158,400
95$50,206,732$0$0$32,029,788
96$55,155,311$0$0$35,190,821
97$60,603,211$0$0$38,670,940
98$66,601,192$0$0$42,502,587
99$73,205,184$0$0$46,721,508
100$80,476,821$0$0$51,367,095