Can I retire at age 44 with 770,000?

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 $770,000?

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$63,586$63,019$62,467$61,928$61,401$60,039
2 years$31,478$30,892$30,324$29,773$29,239$27,873
3 years$20,777$20,188$19,621$19,076$18,550$17,224
4 years$15,427$14,840$14,279$13,743$13,230$11,954
5 years$12,219$11,635$11,081$10,556$10,057$8,834
6 years$10,080$9,501$8,955$8,442$7,958$6,790
7 years$8,553$7,979$7,442$6,940$6,472$5,359
8 years$7,408$6,839$6,311$5,822$5,369$4,310
9 years$6,519$5,955$5,436$4,959$4,522$3,516
10 years$5,807$5,249$4,739$4,275$3,853$2,900
11 years$5,225$4,673$4,172$3,720$3,313$2,412
12 years$4,741$4,194$3,703$3,263$2,871$2,020
13 years$4,331$3,790$3,308$2,881$2,504$1,701
14 years$3,981$3,445$2,972$2,557$2,195$1,438
15 years$3,677$3,147$2,684$2,281$1,933$1,221
16 years$3,411$2,888$2,433$2,042$1,708$1,040
17 years$3,177$2,659$2,214$1,835$1,514$888
18 years$2,970$2,457$2,021$1,654$1,347$760
19 years$2,784$2,277$1,850$1,494$1,200$651
20 years$2,617$2,116$1,698$1,353$1,072$559
21 years$2,466$1,971$1,562$1,228$959$480
22 years$2,329$1,840$1,440$1,117$860$413
23 years$2,204$1,721$1,329$1,017$772$356
24 years$2,090$1,612$1,229$928$694$307
25 years$1,985$1,513$1,139$847$624$265
26 years$1,888$1,422$1,056$775$562$229
27 years$1,799$1,338$981$709$507$198
28 years$1,716$1,261$912$650$457$171
29 years$1,639$1,190$848$596$413$148
30 years$1,567$1,124$790$547$373$128
31 years$1,500$1,062$737$502$337$110
32 years$1,438$1,005$687$461$305$95
33 years$1,379$952$642$424$276$83
34 years$1,324$902$600$390$250$71
35 years$1,272$856$561$359$227$62
36 years$1,223$812$524$331$205$54
37 years$1,177$771$491$305$186$46
38 years$1,133$733$460$281$169$40
39 years$1,092$697$431$259$153$35
40 years$1,053$663$404$239$139$30
41 years$1,016$631$378$221$126$26
42 years$980$601$355$204$114$23
43 years$947$573$333$188$104$20
44 years$915$546$313$173$94$17
45 years$884$521$294$160$85$15
46 years$855$497$276$148$78$13
47 years$828$474$259$137$70$11
48 years$801$453$243$126$64$10
49 years$776$432$229$117$58$8
50 years$752$413$215$108$53$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $770,000, adding $5,283 every year, while hoping to spend $46,098 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: 59/31/10 Blend
43$770,000$770,000$770,000$770,000
44$853,989$813,179$801,244$902,064
45$892,048$803,977$779,038$925,812
46$932,444$792,779$754,543$946,025
47$975,367$779,439$727,634$966,939
48$1,021,024$763,801$698,179$988,624
49$1,069,642$745,701$666,042$1,011,161
50$1,121,471$724,965$631,079$1,034,640
51$1,176,781$701,409$593,141$1,059,163
52$1,235,873$674,838$552,071$1,084,844
53$1,299,072$645,045$507,705$1,111,812
54$1,366,737$611,812$459,873$1,140,212
55$1,439,262$574,908$408,396$1,170,206
56$1,517,077$534,089$353,088$1,201,976
57$1,600,656$489,097$293,754$1,235,726
58$1,690,519$439,659$230,191$1,271,683
59$1,787,236$385,486$162,186$1,310,103
60$1,891,432$326,273$89,517$1,351,272
61$2,003,797$261,699$11,955$1,395,508
62$2,125,085$191,423$0$1,443,166
63$2,256,126$115,085$0$1,502,202
64$2,397,834$32,307$0$1,567,352
65$2,551,211$0$0$1,637,863
66$2,717,359$0$0$1,733,863
67$2,897,492$0$0$1,849,945
68$3,092,941$0$0$1,975,953
69$3,305,173$0$0$2,112,839
70$3,535,800$0$0$2,261,650
71$3,786,596$0$0$2,423,540
72$4,059,513$0$0$2,599,774
73$4,356,699$0$0$2,791,750
74$4,680,515$0$0$3,001,000
75$5,033,563$0$0$3,229,216
76$5,418,704$0$0$3,478,257
77$5,839,088$0$0$3,750,169
78$6,298,184$0$0$4,047,206
79$6,799,808$0$0$4,371,848
80$7,348,163$0$0$4,726,825
81$7,947,875$0$0$5,115,146
82$8,604,039$0$0$5,540,120
83$9,322,264$0$0$6,005,393
84$10,108,728$0$0$6,514,980
85$10,970,233$0$0$7,073,301
86$11,914,268$0$0$7,685,226
87$12,949,086$0$0$8,356,116
88$14,083,770$0$0$9,091,877
89$15,328,330$0$0$9,899,014
90$16,693,788$0$0$10,784,691
91$18,192,284$0$0$11,756,801
92$19,837,192$0$0$12,824,037
93$21,643,243$0$0$13,995,973
94$23,626,666$0$0$15,283,160
95$25,805,336$0$0$16,697,217
96$28,198,945$0$0$18,250,946
97$30,829,189$0$0$19,958,450
98$33,719,968$0$0$21,835,265
99$36,897,611$0$0$23,898,508
100$40,391,127$0$0$26,167,037