Can I retire at age 44 with 780,000?

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 $780,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.1%
1 years$64,412$63,838$63,278$62,732$62,198$61,651
2 years$31,887$31,293$30,718$30,160$29,618$29,067
3 years$21,047$20,450$19,876$19,323$18,791$18,253
4 years$15,628$15,033$14,465$13,921$13,402$12,881
5 years$12,377$11,786$11,225$10,693$10,188$9,685
6 years$10,211$9,624$9,072$8,551$8,061$7,578
7 years$8,664$8,082$7,539$7,031$6,556$6,092
8 years$7,505$6,928$6,393$5,898$5,439$4,994
9 years$6,603$6,032$5,507$5,024$4,580$4,155
10 years$5,882$5,317$4,801$4,330$3,903$3,496
11 years$5,293$4,734$4,227$3,769$3,356$2,969
12 years$4,803$4,249$3,751$3,306$2,909$2,539
13 years$4,388$3,839$3,351$2,918$2,536$2,185
14 years$4,032$3,490$3,011$2,591$2,223$1,889
15 years$3,725$3,188$2,719$2,310$1,958$1,640
16 years$3,456$2,925$2,465$2,069$1,730$1,429
17 years$3,219$2,694$2,243$1,859$1,534$1,249
18 years$3,008$2,489$2,047$1,675$1,364$1,095
19 years$2,820$2,307$1,874$1,514$1,216$961
20 years$2,651$2,144$1,720$1,371$1,086$846
21 years$2,498$1,997$1,582$1,244$972$745
22 years$2,359$1,864$1,458$1,131$871$658
23 years$2,233$1,743$1,346$1,030$782$581
24 years$2,117$1,633$1,245$940$703$514
25 years$2,011$1,533$1,153$858$632$455
26 years$1,913$1,441$1,070$785$570$404
27 years$1,822$1,356$993$718$514$358
28 years$1,738$1,278$923$658$463$318
29 years$1,660$1,205$859$603$418$282
30 years$1,588$1,138$800$554$378$251
31 years$1,520$1,076$746$509$342$223
32 years$1,456$1,018$696$467$309$198
33 years$1,397$964$650$430$280$176
34 years$1,341$914$607$395$253$157
35 years$1,288$867$568$364$229$140
36 years$1,239$823$531$335$208$124
37 years$1,192$781$497$309$188$111
38 years$1,148$743$466$285$171$98
39 years$1,106$706$436$263$155$88
40 years$1,066$672$409$242$141$78
41 years$1,029$639$383$223$127$70
42 years$993$609$360$206$116$62
43 years$959$580$337$190$105$55
44 years$927$553$317$176$95$49
45 years$896$527$297$162$87$44
46 years$867$503$279$150$79$39
47 years$839$480$262$139$71$35
48 years$812$458$247$128$65$31
49 years$786$438$232$118$59$28
50 years$762$418$218$109$53$25

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $780,000, adding $6,749 every year, while hoping to spend $21,592 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: 60/11/29 Blend
43$780,000$780,000$780,000$780,000
44$866,522$825,182$813,092$911,326
45$931,933$842,642$817,356$960,154
46$1,003,293$860,234$821,040$1,010,526
47$1,081,185$877,941$824,101$1,065,046
48$1,166,252$895,747$826,495$1,124,123
49$1,259,201$913,630$828,175$1,188,209
50$1,360,813$931,571$829,091$1,257,801
51$1,471,943$949,545$829,193$1,333,450
52$1,593,537$967,529$828,427$1,415,760
53$1,726,635$985,495$826,736$1,505,399
54$1,872,381$1,003,413$824,061$1,603,103
55$2,032,037$1,021,253$820,340$1,709,684
56$2,206,990$1,038,980$815,507$1,826,035
57$2,398,771$1,056,558$809,495$1,953,145
58$2,609,064$1,073,948$802,231$2,092,100
59$2,839,723$1,091,106$793,640$2,244,100
60$3,092,793$1,107,988$783,645$2,410,467
61$3,370,523$1,124,545$772,163$2,592,659
62$3,675,393$1,140,725$759,107$2,792,284
63$4,010,134$1,156,471$744,388$3,011,114
64$4,377,754$1,171,724$727,911$3,251,102
65$4,781,566$1,186,420$709,577$3,514,403
66$5,225,222$1,200,490$689,284$3,803,392
67$5,712,742$1,213,862$666,923$4,120,688
68$6,248,558$1,226,458$642,381$4,469,176
69$6,837,550$1,238,193$615,540$4,852,040
70$7,485,096$1,248,981$586,276$5,272,788
71$8,197,121$1,258,725$554,461$5,735,287
72$8,980,151$1,267,326$519,959$6,243,802
73$9,841,378$1,274,677$482,630$6,803,033
74$10,788,725$1,280,664$442,325$7,418,162
75$11,830,924$1,285,164$398,891$8,094,901
76$12,977,591$1,288,051$352,168$8,839,546
77$14,239,326$1,289,186$301,986$9,659,041
78$15,627,806$1,288,425$248,171$10,561,036
79$17,155,897$1,285,612$190,539$11,553,965
80$18,837,776$1,280,584$128,899$12,647,127
81$20,689,063$1,273,167$63,052$13,850,771
82$22,726,972$1,263,177$0$15,176,193
83$24,970,467$1,250,417$0$16,638,080
84$27,440,448$1,234,680$0$18,268,890
85$30,159,941$1,215,746$0$20,064,292
86$33,154,319$1,193,383$0$22,041,035
87$36,451,544$1,167,343$0$24,217,579
88$40,082,423$1,137,364$0$26,614,262
89$44,080,906$1,103,170$0$29,253,500
90$48,484,401$1,064,469$0$32,159,992
91$53,334,131$1,020,949$0$35,360,959
92$58,675,520$972,283$0$38,886,397
93$64,558,622$918,123$0$42,769,359
94$71,038,593$858,103$0$47,046,274
95$78,176,213$791,834$0$51,757,283
96$86,038,459$718,905$0$56,946,622
97$94,699,134$638,884$0$62,663,041
98$104,239,568$551,312$0$68,960,260
99$114,749,381$455,704$0$75,897,480
100$126,327,333$351,548$0$83,539,940