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%16.2%
1 years$65,237$64,656$64,089$63,536$62,996$61,398
2 years$32,296$31,694$31,111$30,546$29,998$28,399
3 years$21,317$20,713$20,131$19,571$19,032$17,481
4 years$15,828$15,226$14,650$14,100$13,574$12,083
5 years$12,536$11,937$11,369$10,830$10,319$8,893
6 years$10,342$9,748$9,188$8,661$8,165$6,805
7 years$8,775$8,186$7,635$7,121$6,640$5,346
8 years$7,601$7,017$6,475$5,973$5,509$4,280
9 years$6,688$6,110$5,577$5,088$4,639$3,475
10 years$5,958$5,385$4,862$4,386$3,953$2,852
11 years$5,361$4,794$4,281$3,817$3,399$2,360
12 years$4,864$4,303$3,799$3,348$2,946$1,966
13 years$4,444$3,889$3,394$2,956$2,569$1,646
14 years$4,084$3,535$3,050$2,624$2,252$1,385
15 years$3,772$3,229$2,753$2,340$1,983$1,169
16 years$3,500$2,963$2,496$2,095$1,752$990
17 years$3,260$2,728$2,272$1,883$1,554$840
18 years$3,047$2,521$2,074$1,697$1,382$715
19 years$2,856$2,337$1,898$1,533$1,231$609
20 years$2,685$2,171$1,742$1,388$1,100$520
21 years$2,530$2,022$1,603$1,260$984$444
22 years$2,390$1,888$1,477$1,146$882$380
23 years$2,262$1,766$1,364$1,043$792$325
24 years$2,144$1,654$1,261$952$712$278
25 years$2,037$1,553$1,168$869$641$239
26 years$1,938$1,459$1,083$795$577$205
27 years$1,846$1,373$1,006$727$520$176
28 years$1,761$1,294$935$666$469$151
29 years$1,682$1,221$870$611$424$130
30 years$1,608$1,153$811$561$383$111
31 years$1,539$1,090$756$515$346$96
32 years$1,475$1,031$705$473$313$82
33 years$1,415$977$658$435$283$71
34 years$1,358$926$615$401$257$61
35 years$1,305$878$575$369$232$52
36 years$1,255$833$538$340$211$45
37 years$1,207$791$504$313$191$39
38 years$1,163$752$472$288$173$33
39 years$1,120$715$442$266$157$29
40 years$1,080$680$414$245$142$25
41 years$1,042$648$388$226$129$21
42 years$1,006$617$364$209$117$18
43 years$971$588$342$193$106$16
44 years$939$560$321$178$97$13
45 years$907$534$301$164$88$12
46 years$878$510$283$152$80$10
47 years$849$486$266$140$72$9
48 years$822$464$250$130$66$7
49 years$796$443$235$120$60$6
50 years$771$424$221$111$54$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $790,000, adding $3,894 every year, while hoping to spend $48,765 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: 82/7/11 Blend
43$790,000$790,000$790,000$790,000
44$874,597$832,727$820,482$944,380
45$911,920$821,645$796,082$979,592
46$951,416$808,385$769,231$1,011,404
47$993,254$792,790$739,794$1,044,873
48$1,037,621$774,692$707,633$1,080,137
49$1,084,720$753,914$672,600$1,117,352
50$1,134,773$730,266$634,543$1,156,686
51$1,188,022$703,552$593,303$1,198,328
52$1,244,734$673,560$548,712$1,242,482
53$1,305,201$640,068$500,597$1,289,377
54$1,369,740$602,840$448,776$1,339,262
55$1,438,701$561,627$393,058$1,392,414
56$1,512,468$516,166$333,245$1,449,137
57$1,591,460$466,178$269,129$1,509,766
58$1,676,138$411,370$200,494$1,574,672
59$1,767,007$351,430$127,113$1,644,264
60$1,864,622$286,030$48,751$1,718,990
61$1,969,590$214,823$0$1,799,349
62$2,082,582$137,442$0$1,889,981
63$2,204,329$53,501$0$1,993,769
64$2,335,638$0$0$2,105,684
65$2,477,394$0$0$2,229,376
66$2,630,571$0$0$2,367,500
67$2,796,237$0$0$2,516,900
68$2,975,567$0$0$2,678,638
69$3,169,853$0$0$2,853,881
70$3,380,516$0$0$3,043,913
71$3,609,118$0$0$3,250,145
72$3,857,376$0$0$3,474,128
73$4,127,181$0$0$3,717,571
74$4,420,611$0$0$3,982,351
75$4,739,953$0$0$4,270,534
76$5,087,725$0$0$4,584,395
77$5,466,694$0$0$4,926,435
78$5,879,908$0$0$5,299,407
79$6,330,723$0$0$5,706,343
80$6,822,829$0$0$6,150,577
81$7,360,290$0$0$6,635,783
82$7,947,581$0$0$7,166,001
83$8,589,627$0$0$7,745,683
84$9,291,850$0$0$8,379,728
85$10,060,221$0$0$9,073,531
86$10,901,315$0$0$9,833,033
87$11,822,372$0$0$10,664,775
88$12,831,364$0$0$11,575,961
89$13,937,071$0$0$12,574,525
90$15,149,163$0$0$13,669,203
91$16,478,289$0$0$14,869,619
92$17,936,179$0$0$16,186,371
93$19,535,753$0$0$17,631,133
94$21,291,241$0$0$19,216,765
95$23,218,319$0$0$20,957,429
96$25,334,252$0$0$22,868,729
97$27,658,062$0$0$24,967,850
98$30,210,702$0$0$27,273,728
99$33,015,254$0$0$29,807,218
100$36,097,146$0$0$32,591,299