Can I retire at age 44 with 800,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%18.4%
1 years$66,063$65,475$64,901$64,340$63,793$61,628
2 years$32,705$32,095$31,505$30,933$30,378$28,218
3 years$21,586$20,975$20,386$19,819$19,273$17,186
4 years$16,029$15,419$14,836$14,278$13,746$11,748
5 years$12,695$12,088$11,513$10,967$10,449$8,547
6 years$10,473$9,871$9,304$8,771$8,268$6,462
7 years$8,886$8,290$7,732$7,211$6,724$5,013
8 years$7,697$7,106$6,557$6,049$5,578$3,962
9 years$6,773$6,187$5,648$5,152$4,698$3,174
10 years$6,033$5,453$4,924$4,441$4,003$2,569
11 years$5,429$4,855$4,335$3,865$3,442$2,096
12 years$4,926$4,357$3,847$3,390$2,983$1,721
13 years$4,500$3,938$3,437$2,993$2,601$1,420
14 years$4,136$3,579$3,088$2,657$2,280$1,176
15 years$3,820$3,270$2,788$2,370$2,008$978
16 years$3,544$3,000$2,528$2,122$1,775$815
17 years$3,301$2,763$2,300$1,906$1,573$681
18 years$3,085$2,553$2,100$1,718$1,399$570
19 years$2,892$2,366$1,922$1,552$1,247$477
20 years$2,719$2,199$1,764$1,406$1,114$401
21 years$2,562$2,048$1,623$1,276$997$336
22 years$2,420$1,912$1,496$1,160$893$283
23 years$2,290$1,788$1,381$1,057$802$238
24 years$2,172$1,675$1,277$964$721$200
25 years$2,063$1,572$1,183$880$649$169
26 years$1,962$1,478$1,097$805$584$142
27 years$1,869$1,391$1,019$737$527$120
28 years$1,783$1,310$947$675$475$101
29 years$1,703$1,236$881$619$429$85
30 years$1,628$1,167$821$568$388$72
31 years$1,559$1,104$765$522$351$61
32 years$1,494$1,044$714$479$317$51
33 years$1,433$989$667$441$287$43
34 years$1,375$937$623$406$260$36
35 years$1,321$889$582$373$235$31
36 years$1,271$844$545$344$213$26
37 years$1,223$801$510$317$193$22
38 years$1,177$762$478$292$175$19
39 years$1,134$724$447$269$159$16
40 years$1,094$689$419$248$144$13
41 years$1,055$656$393$229$131$11
42 years$1,019$625$369$211$119$9
43 years$984$595$346$195$108$8
44 years$951$567$325$180$98$7
45 years$919$541$305$166$89$6
46 years$889$516$287$154$81$5
47 years$860$492$269$142$73$4
48 years$833$470$253$131$66$3
49 years$806$449$238$121$60$3
50 years$781$429$224$112$55$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $800,000, adding $2,912 every year, while hoping to spend $48,960 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: 54/30/16 Blend
43$800,000$800,000$800,000$800,000
44$884,604$842,204$829,804$928,442
45$922,740$831,379$805,509$947,852
46$963,126$818,382$778,760$963,495
47$1,005,938$803,056$749,421$979,424
48$1,051,371$785,234$717,355$995,681
49$1,099,637$764,736$682,412$1,012,310
50$1,150,969$741,377$644,442$1,029,366
51$1,205,621$714,958$603,284$1,046,912
52$1,263,870$685,267$558,770$1,065,019
53$1,326,022$652,082$510,726$1,083,770
54$1,392,411$615,168$458,969$1,103,259
55$1,463,402$574,277$403,310$1,123,595
56$1,539,396$529,144$343,548$1,144,900
57$1,620,834$479,491$279,476$1,167,315
58$1,708,198$425,025$210,877$1,190,998
59$1,802,017$365,434$137,525$1,216,130
60$1,902,872$300,389$59,181$1,242,913
61$2,011,402$229,545$0$1,271,577
62$2,128,306$152,534$0$1,306,552
63$2,254,355$68,970$0$1,355,013
64$2,390,392$0$0$1,407,218
65$2,537,348$0$0$1,470,703
66$2,696,242$0$0$1,564,022
67$2,868,195$0$0$1,665,073
68$3,054,442$0$0$1,774,590
69$3,256,337$0$0$1,893,378
70$3,475,370$0$0$2,022,322
71$3,713,183$0$0$2,162,396
72$3,971,576$0$0$2,314,673
73$4,252,535$0$0$2,480,331
74$4,558,241$0$0$2,660,667
75$4,891,096$0$0$2,857,109
76$5,253,741$0$0$3,071,227
77$5,649,084$0$0$3,304,750
78$6,080,325$0$0$3,559,581
79$6,550,987$0$0$3,837,813
80$7,064,945$0$0$4,141,752
81$7,626,469$0$0$4,473,936
82$8,240,256$0$0$4,837,159
83$8,911,481$0$0$5,234,498
84$9,645,837$0$0$5,669,340
85$10,449,598$0$0$6,145,415
86$11,329,669$0$0$6,666,830
87$12,293,654$0$0$7,238,109
88$13,349,929$0$0$7,864,233
89$14,507,718$0$0$8,550,688
90$15,777,178$0$0$9,303,518
91$17,169,498$0$0$10,129,376
92$18,697,000$0$0$11,035,595
93$20,373,259$0$0$12,030,249
94$22,213,224$0$0$13,122,231
95$24,233,365$0$0$14,321,340
96$26,451,824$0$0$15,638,368
97$28,888,586$0$0$17,085,204
98$31,565,666$0$0$18,674,948
99$34,507,317$0$0$20,422,027
100$37,740,257$0$0$22,342,339