Can I retire at age 44 with 780,000?

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 $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%14.6%
1 years$64,412$63,838$63,278$62,732$62,198$61,017
2 years$31,887$31,293$30,718$30,160$29,618$28,433
3 years$21,047$20,450$19,876$19,323$18,791$17,639
4 years$15,628$15,033$14,465$13,921$13,402$12,291
5 years$12,377$11,786$11,225$10,693$10,188$9,122
6 years$10,211$9,624$9,072$8,551$8,061$7,041
7 years$8,664$8,082$7,539$7,031$6,556$5,582
8 years$7,505$6,928$6,393$5,898$5,439$4,511
9 years$6,603$6,032$5,507$5,024$4,580$3,698
10 years$5,882$5,317$4,801$4,330$3,903$3,064
11 years$5,293$4,734$4,227$3,769$3,356$2,562
12 years$4,803$4,249$3,751$3,306$2,909$2,156
13 years$4,388$3,839$3,351$2,918$2,536$1,825
14 years$4,032$3,490$3,011$2,591$2,223$1,552
15 years$3,725$3,188$2,719$2,310$1,958$1,325
16 years$3,456$2,925$2,465$2,069$1,730$1,135
17 years$3,219$2,694$2,243$1,859$1,534$974
18 years$3,008$2,489$2,047$1,675$1,364$839
19 years$2,820$2,307$1,874$1,514$1,216$723
20 years$2,651$2,144$1,720$1,371$1,086$625
21 years$2,498$1,997$1,582$1,244$972$540
22 years$2,359$1,864$1,458$1,131$871$468
23 years$2,233$1,743$1,346$1,030$782$405
24 years$2,117$1,633$1,245$940$703$352
25 years$2,011$1,533$1,153$858$632$305
26 years$1,913$1,441$1,070$785$570$265
27 years$1,822$1,356$993$718$514$231
28 years$1,738$1,278$923$658$463$201
29 years$1,660$1,205$859$603$418$175
30 years$1,588$1,138$800$554$378$152
31 years$1,520$1,076$746$509$342$132
32 years$1,456$1,018$696$467$309$115
33 years$1,397$964$650$430$280$100
34 years$1,341$914$607$395$253$87
35 years$1,288$867$568$364$229$76
36 years$1,239$823$531$335$208$66
37 years$1,192$781$497$309$188$58
38 years$1,148$743$466$285$171$50
39 years$1,106$706$436$263$155$44
40 years$1,066$672$409$242$141$38
41 years$1,029$639$383$223$127$33
42 years$993$609$360$206$116$29
43 years$959$580$337$190$105$25
44 years$927$553$317$176$95$22
45 years$896$527$297$162$87$19
46 years$867$503$279$150$79$17
47 years$839$480$262$139$71$15
48 years$812$458$247$128$65$13
49 years$786$438$232$118$59$11
50 years$762$418$218$109$53$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $780,000, adding $4,545 every year, while hoping to spend $51,618 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: 72/20/8 Blend
43$780,000$780,000$780,000$780,000
44$864,248$822,908$810,818$925,011
45$897,480$808,310$783,059$951,142
46$932,372$791,266$752,641$972,885
47$969,038$771,602$719,419$995,258
48$1,007,604$749,134$683,243$1,018,311
49$1,048,204$723,666$643,956$1,042,097
50$1,090,988$694,992$601,395$1,066,676
51$1,136,115$662,893$555,388$1,092,117
52$1,183,761$627,137$505,756$1,118,495
53$1,234,117$587,480$452,311$1,145,896
54$1,287,393$543,662$394,860$1,174,414
55$1,343,815$495,410$333,196$1,204,157
56$1,403,634$442,435$267,107$1,235,244
57$1,467,121$384,430$196,372$1,267,808
58$1,534,573$321,073$120,756$1,301,999
59$1,606,316$252,023$40,019$1,337,983
60$1,682,707$176,918$0$1,375,947
61$1,764,135$95,379$0$1,420,038
62$1,851,026$7,002$0$1,470,449
63$1,943,850$0$0$1,524,044
64$2,043,118$0$0$1,600,641
65$2,149,393$0$0$1,684,320
66$2,263,291$0$0$1,774,027
67$2,385,488$0$0$1,870,298
68$2,516,727$0$0$1,973,721
69$2,657,822$0$0$2,084,942
70$2,809,666$0$0$2,204,669
71$2,973,243$0$0$2,333,681
72$3,149,629$0$0$2,472,832
73$3,340,010$0$0$2,623,062
74$3,545,686$0$0$2,785,403
75$3,768,089$0$0$2,960,988
76$4,008,791$0$0$3,151,064
77$4,269,520$0$0$3,357,002
78$4,552,175$0$0$3,580,308
79$4,858,847$0$0$3,822,639
80$5,191,834$0$0$4,085,819
81$5,553,662$0$0$4,371,850
82$5,947,114$0$0$4,682,939
83$6,375,247$0$0$5,021,511
84$6,841,429$0$0$5,390,237
85$7,349,361$0$0$5,792,053
86$7,903,122$0$0$6,230,193
87$8,507,195$0$0$6,708,215
88$9,166,520$0$0$7,230,035
89$9,886,531$0$0$7,799,964
90$10,673,212$0$0$8,422,750
91$11,533,149$0$0$9,103,615
92$12,473,594$0$0$9,848,314
93$13,502,534$0$0$10,663,180
94$14,628,758$0$0$11,555,188
95$15,861,950$0$0$12,532,019
96$17,212,771$0$0$13,602,130
97$18,692,963$0$0$14,774,835
98$20,315,455$0$0$16,060,392
99$22,094,489$0$0$17,470,100
100$24,045,751$0$0$19,016,402