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%18.1%
1 years$64,412$63,838$63,278$62,732$62,198$60,159
2 years$31,887$31,293$30,718$30,160$29,618$27,583
3 years$21,047$20,450$19,876$19,323$18,791$16,824
4 years$15,628$15,033$14,465$13,921$13,402$11,518
5 years$12,377$11,786$11,225$10,693$10,188$8,392
6 years$10,211$9,624$9,072$8,551$8,061$6,355
7 years$8,664$8,082$7,539$7,031$6,556$4,940
8 years$7,505$6,928$6,393$5,898$5,439$3,911
9 years$6,603$6,032$5,507$5,024$4,580$3,139
10 years$5,882$5,317$4,801$4,330$3,903$2,545
11 years$5,293$4,734$4,227$3,769$3,356$2,081
12 years$4,803$4,249$3,751$3,306$2,909$1,712
13 years$4,388$3,839$3,351$2,918$2,536$1,415
14 years$4,032$3,490$3,011$2,591$2,223$1,175
15 years$3,725$3,188$2,719$2,310$1,958$979
16 years$3,456$2,925$2,465$2,069$1,730$817
17 years$3,219$2,694$2,243$1,859$1,534$684
18 years$3,008$2,489$2,047$1,675$1,364$574
19 years$2,820$2,307$1,874$1,514$1,216$482
20 years$2,651$2,144$1,720$1,371$1,086$405
21 years$2,498$1,997$1,582$1,244$972$341
22 years$2,359$1,864$1,458$1,131$871$288
23 years$2,233$1,743$1,346$1,030$782$243
24 years$2,117$1,633$1,245$940$703$205
25 years$2,011$1,533$1,153$858$632$173
26 years$1,913$1,441$1,070$785$570$146
27 years$1,822$1,356$993$718$514$123
28 years$1,738$1,278$923$658$463$104
29 years$1,660$1,205$859$603$418$88
30 years$1,588$1,138$800$554$378$75
31 years$1,520$1,076$746$509$342$63
32 years$1,456$1,018$696$467$309$53
33 years$1,397$964$650$430$280$45
34 years$1,341$914$607$395$253$38
35 years$1,288$867$568$364$229$32
36 years$1,239$823$531$335$208$27
37 years$1,192$781$497$309$188$23
38 years$1,148$743$466$285$171$20
39 years$1,106$706$436$263$155$17
40 years$1,066$672$409$242$141$14
41 years$1,029$639$383$223$127$12
42 years$993$609$360$206$116$10
43 years$959$580$337$190$105$9
44 years$927$553$317$176$95$7
45 years$896$527$297$162$87$6
46 years$867$503$279$150$79$5
47 years$839$480$262$139$71$4
48 years$812$458$247$128$65$4
49 years$786$438$232$118$59$3
50 years$762$418$218$109$53$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $780,000, adding $4,055 every year, while hoping to spend $35,611 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: 76/11/13 Blend
43$780,000$780,000$780,000$780,000
44$863,743$822,403$810,313$926,803
45$913,955$824,811$799,568$971,363
46$968,095$826,143$787,271$1,015,312
47$1,026,526$826,310$773,330$1,062,503
48$1,089,647$825,214$757,652$1,113,246
49$1,157,897$822,756$740,139$1,167,884
50$1,231,757$818,825$720,688$1,226,794
51$1,311,757$813,308$699,192$1,290,393
52$1,398,479$806,084$675,538$1,359,138
53$1,492,564$797,022$649,609$1,433,537
54$1,594,716$785,987$621,281$1,514,145
55$1,705,710$772,833$590,427$1,601,579
56$1,826,398$757,407$556,912$1,696,517
57$1,957,717$739,546$520,595$1,799,705
58$2,100,699$719,079$481,329$1,911,969
59$2,256,479$695,822$438,962$2,034,218
60$2,426,306$669,584$393,334$2,167,455
61$2,611,555$640,159$344,276$2,312,784
62$2,813,739$607,332$291,615$2,471,424
63$3,034,523$570,874$235,167$2,644,721
64$3,275,742$530,544$174,742$2,834,157
65$3,539,413$486,087$110,142$3,041,365
66$3,827,760$437,232$41,158$3,268,149
67$4,143,229$383,693$0$3,516,496
68$4,488,514$325,170$0$3,793,100
69$4,866,582$261,343$0$4,102,261
70$5,280,701$191,877$0$4,440,960
71$5,734,469$116,415$0$4,812,170
72$6,231,848$34,582$0$5,219,166
73$6,777,202$0$0$5,665,557
74$7,375,338$0$0$6,161,860
75$8,031,550$0$0$6,710,974
76$8,751,669$0$0$7,313,596
77$9,542,119$0$0$7,975,106
78$10,409,974$0$0$8,701,430
79$11,363,030$0$0$9,499,093
80$12,409,871$0$0$10,375,287
81$13,559,956$0$0$11,337,932
82$14,823,705$0$0$12,395,754
83$16,212,595$0$0$13,558,367
84$17,739,275$0$0$14,836,361
85$19,417,674$0$0$16,241,405
86$21,263,144$0$0$17,786,352
87$23,292,595$0$0$19,485,367
88$25,524,660$0$0$21,354,052
89$27,979,866$0$0$23,409,600
90$30,680,831$0$0$25,670,953
91$33,652,475$0$0$28,158,982
92$36,922,257$0$0$30,896,682
93$40,520,429$0$0$33,909,390
94$44,480,326$0$0$37,225,023
95$48,838,677$0$0$40,874,343
96$53,635,953$0$0$44,891,243
97$58,916,746$0$0$49,313,070
98$64,730,192$0$0$54,180,975
99$71,130,435$0$0$59,540,302
100$78,177,131$0$0$65,441,017