Can I retire at age 44 with 790,000?

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 $790,000?

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 years$65,237$64,656$64,089$63,536$62,996$60,955
2 years$32,296$31,694$31,111$30,546$29,998$27,961
3 years$21,317$20,713$20,131$19,571$19,032$17,063
4 years$15,828$15,226$14,650$14,100$13,574$11,687
5 years$12,536$11,937$11,369$10,830$10,319$8,520
6 years$10,342$9,748$9,188$8,661$8,165$6,456
7 years$8,775$8,186$7,635$7,121$6,640$5,020
8 years$7,601$7,017$6,475$5,973$5,509$3,977
9 years$6,688$6,110$5,577$5,088$4,639$3,194
10 years$5,958$5,385$4,862$4,386$3,953$2,591
11 years$5,361$4,794$4,281$3,817$3,399$2,120
12 years$4,864$4,303$3,799$3,348$2,946$1,745
13 years$4,444$3,889$3,394$2,956$2,569$1,444
14 years$4,084$3,535$3,050$2,624$2,252$1,199
15 years$3,772$3,229$2,753$2,340$1,983$1,000
16 years$3,500$2,963$2,496$2,095$1,752$836
17 years$3,260$2,728$2,272$1,883$1,554$700
18 years$3,047$2,521$2,074$1,697$1,382$588
19 years$2,856$2,337$1,898$1,533$1,231$494
20 years$2,685$2,171$1,742$1,388$1,100$416
21 years$2,530$2,022$1,603$1,260$984$350
22 years$2,390$1,888$1,477$1,146$882$295
23 years$2,262$1,766$1,364$1,043$792$249
24 years$2,144$1,654$1,261$952$712$211
25 years$2,037$1,553$1,168$869$641$178
26 years$1,938$1,459$1,083$795$577$150
27 years$1,846$1,373$1,006$727$520$127
28 years$1,761$1,294$935$666$469$108
29 years$1,682$1,221$870$611$424$91
30 years$1,608$1,153$811$561$383$77
31 years$1,539$1,090$756$515$346$65
32 years$1,475$1,031$705$473$313$55
33 years$1,415$977$658$435$283$47
34 years$1,358$926$615$401$257$40
35 years$1,305$878$575$369$232$34
36 years$1,255$833$538$340$211$28
37 years$1,207$791$504$313$191$24
38 years$1,163$752$472$288$173$20
39 years$1,120$715$442$266$157$17
40 years$1,080$680$414$245$142$15
41 years$1,042$648$388$226$129$12
42 years$1,006$617$364$209$117$11
43 years$971$588$342$193$106$9
44 years$939$560$321$178$97$8
45 years$907$534$301$164$88$6
46 years$878$510$283$152$80$5
47 years$849$486$266$140$72$5
48 years$822$464$250$130$66$4
49 years$796$443$235$120$60$3
50 years$771$424$221$111$54$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $790,000, adding $5,884 every year, while hoping to spend $46,699 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: 43/31/26 Blend
43$790,000$790,000$790,000$790,000
44$876,649$834,779$822,534$907,483
45$916,380$825,996$800,402$921,284
46$958,598$815,217$775,963$931,324
47$1,003,509$802,296$749,091$941,292
48$1,051,334$787,076$719,653$951,208
49$1,102,320$769,393$687,511$961,097
50$1,156,735$749,071$652,521$970,991
51$1,214,872$725,926$614,531$980,929
52$1,277,054$699,762$573,383$990,957
53$1,343,634$670,370$528,911$1,001,131
54$1,414,999$637,533$480,944$1,011,516
55$1,491,575$601,018$429,302$1,022,191
56$1,573,827$560,579$373,794$1,033,246
57$1,662,267$515,957$314,226$1,044,786
58$1,757,457$466,878$250,392$1,056,934
59$1,860,014$413,051$182,076$1,069,829
60$1,970,616$354,171$109,056$1,083,634
61$2,090,006$289,913$31,097$1,098,534
62$2,219,004$219,936$0$1,114,738
63$2,358,508$143,879$0$1,146,941
64$2,509,506$61,359$0$1,191,109
65$2,673,085$0$0$1,238,988
66$2,850,438$0$0$1,300,567
67$3,042,879$0$0$1,390,177
68$3,251,853$0$0$1,487,572
69$3,478,947$0$0$1,593,503
70$3,725,911$0$0$1,708,796
71$3,994,667$0$0$1,834,360
72$4,287,330$0$0$1,971,197
73$4,606,228$0$0$2,120,408
74$4,953,925$0$0$2,283,205
75$5,333,239$0$0$2,460,922
76$5,747,275$0$0$2,655,029
77$6,199,448$0$0$2,867,142
78$6,693,521$0$0$3,099,042
79$7,233,634$0$0$3,352,688
80$7,824,345$0$0$3,630,239
81$8,470,675$0$0$3,934,071
82$9,178,151$0$0$4,266,800
83$9,952,857$0$0$4,631,308
84$10,801,498$0$0$5,030,769
85$11,731,454$0$0$5,468,678
86$12,750,854$0$0$5,948,883
87$13,868,651$0$0$6,475,625
88$15,094,705$0$0$7,053,574
89$16,439,877$0$0$7,687,872
90$17,916,130$0$0$8,384,186
91$19,536,642$0$0$9,148,757
92$21,315,927$0$0$9,988,460
93$23,269,976$0$0$10,910,868
94$25,416,403$0$0$11,924,324
95$27,774,611$0$0$13,038,021
96$30,365,976$0$0$14,262,083
97$33,214,050$0$0$15,607,666
98$36,344,775$0$0$17,087,060
99$39,786,735$0$0$18,713,806
100$43,571,422$0$0$20,502,823