Can I retire at age 44 with 800,000?

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 $800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.9%
1 years$66,063$65,475$64,901$64,340$63,793$61,262
2 years$32,705$32,095$31,505$30,933$30,378$27,859
3 years$21,586$20,975$20,386$19,819$19,273$16,846
4 years$16,029$15,419$14,836$14,278$13,746$11,429
5 years$12,695$12,088$11,513$10,967$10,449$8,249
6 years$10,473$9,871$9,304$8,771$8,268$6,185
7 years$8,886$8,290$7,732$7,211$6,724$4,758
8 years$7,697$7,106$6,557$6,049$5,578$3,727
9 years$6,773$6,187$5,648$5,152$4,698$2,958
10 years$6,033$5,453$4,924$4,441$4,003$2,372
11 years$5,429$4,855$4,335$3,865$3,442$1,916
12 years$4,926$4,357$3,847$3,390$2,983$1,558
13 years$4,500$3,938$3,437$2,993$2,601$1,272
14 years$4,136$3,579$3,088$2,657$2,280$1,043
15 years$3,820$3,270$2,788$2,370$2,008$858
16 years$3,544$3,000$2,528$2,122$1,775$707
17 years$3,301$2,763$2,300$1,906$1,573$584
18 years$3,085$2,553$2,100$1,718$1,399$483
19 years$2,892$2,366$1,922$1,552$1,247$400
20 years$2,719$2,199$1,764$1,406$1,114$332
21 years$2,562$2,048$1,623$1,276$997$276
22 years$2,420$1,912$1,496$1,160$893$229
23 years$2,290$1,788$1,381$1,057$802$191
24 years$2,172$1,675$1,277$964$721$158
25 years$2,063$1,572$1,183$880$649$132
26 years$1,962$1,478$1,097$805$584$110
27 years$1,869$1,391$1,019$737$527$91
28 years$1,783$1,310$947$675$475$76
29 years$1,703$1,236$881$619$429$63
30 years$1,628$1,167$821$568$388$53
31 years$1,559$1,104$765$522$351$44
32 years$1,494$1,044$714$479$317$37
33 years$1,433$989$667$441$287$31
34 years$1,375$937$623$406$260$26
35 years$1,321$889$582$373$235$21
36 years$1,271$844$545$344$213$18
37 years$1,223$801$510$317$193$15
38 years$1,177$762$478$292$175$12
39 years$1,134$724$447$269$159$10
40 years$1,094$689$419$248$144$9
41 years$1,055$656$393$229$131$7
42 years$1,019$625$369$211$119$6
43 years$984$595$346$195$108$5
44 years$951$567$325$180$98$4
45 years$919$541$305$166$89$3
46 years$889$516$287$154$81$3
47 years$860$492$269$142$73$2
48 years$833$470$253$131$66$2
49 years$806$449$238$121$60$2
50 years$781$429$224$112$55$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $800,000, adding $5,979 every year, while hoping to spend $47,980 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: 58/16/26 Blend
43$800,000$800,000$800,000$800,000
44$887,767$845,367$832,967$932,672
45$927,269$835,740$809,821$954,416
46$969,192$824,033$784,292$972,508
47$1,013,733$810,093$756,249$991,227
48$1,061,105$793,760$725,555$1,010,646
49$1,111,545$774,861$692,068$1,030,849
50$1,165,309$753,215$655,639$1,051,929
51$1,222,679$728,632$616,111$1,073,992
52$1,283,964$700,906$573,322$1,097,158
53$1,349,502$669,824$527,102$1,121,562
54$1,419,664$635,158$477,273$1,147,355
55$1,494,857$596,668$423,649$1,174,706
56$1,575,526$554,099$366,035$1,203,807
57$1,662,162$507,182$304,229$1,234,870
58$1,755,302$455,633$238,020$1,268,135
59$1,855,535$399,151$167,186$1,303,868
60$1,963,509$337,420$91,497$1,342,370
61$2,079,937$270,103$10,711$1,383,973
62$2,205,598$196,846$0$1,429,051
63$2,341,353$117,275$0$1,498,964
64$2,488,144$30,995$0$1,577,763
65$2,647,009$0$0$1,663,067
66$2,819,088$0$0$1,766,517
67$3,005,635$0$0$1,884,637
68$3,208,029$0$0$2,012,851
69$3,427,784$0$0$2,152,125
70$3,666,570$0$0$2,303,526
71$3,926,220$0$0$2,468,224
72$4,208,752$0$0$2,647,508
73$4,516,388$0$0$2,842,796
74$4,851,570$0$0$3,055,648
75$5,216,988$0$0$3,287,782
76$5,615,601$0$0$3,541,089
77$6,050,667$0$0$3,817,648
78$6,525,772$0$0$4,119,750
79$7,044,862$0$0$4,449,917
80$7,612,283$0$0$4,810,924
81$8,232,819$0$0$5,205,828
82$8,911,740$0$0$5,637,994
83$9,654,843$0$0$6,111,129
84$10,468,518$0$0$6,629,311
85$11,359,798$0$0$7,197,037
86$12,336,427$0$0$7,819,253
87$13,406,938$0$0$8,501,411
88$14,580,725$0$0$9,249,514
89$15,868,137$0$0$10,070,174
90$17,280,569$0$0$10,970,673
91$18,830,578$0$0$11,959,034
92$20,531,990$0$0$13,044,092
93$22,400,037$0$0$14,235,580
94$24,451,500$0$0$15,544,222
95$26,704,862$0$0$16,981,828
96$29,180,485$0$0$18,561,412
97$31,900,800$0$0$20,297,307
98$34,890,522$0$0$22,205,306
99$38,176,873$0$0$24,302,808
100$41,789,849$0$0$26,608,981