Can I retire at age 44 with 820,000?

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 $820,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.9%
1 years$67,715$67,112$66,523$65,949$65,388$63,043
2 years$33,522$32,898$32,293$31,706$31,137$28,800
3 years$22,126$21,499$20,896$20,314$19,755$17,499
4 years$16,429$15,804$15,207$14,635$14,089$11,932
5 years$13,012$12,391$11,801$11,241$10,710$8,657
6 years$10,735$10,118$9,537$8,990$8,475$6,527
7 years$9,108$8,497$7,925$7,391$6,892$5,050
8 years$7,889$7,283$6,721$6,200$5,718$3,979
9 years$6,942$6,342$5,789$5,281$4,815$3,178
10 years$6,184$5,590$5,047$4,552$4,103$2,564
11 years$5,565$4,976$4,443$3,962$3,529$2,085
12 years$5,049$4,466$3,943$3,475$3,058$1,706
13 years$4,613$4,036$3,523$3,068$2,666$1,403
14 years$4,239$3,669$3,165$2,723$2,337$1,158
15 years$3,916$3,352$2,858$2,429$2,058$959
16 years$3,633$3,075$2,591$2,175$1,819$797
17 years$3,384$2,832$2,358$1,954$1,613$663
18 years$3,162$2,617$2,152$1,761$1,434$553
19 years$2,965$2,425$1,970$1,591$1,278$461
20 years$2,787$2,254$1,808$1,441$1,142$386
21 years$2,626$2,099$1,663$1,308$1,022$323
22 years$2,480$1,960$1,533$1,189$916$270
23 years$2,348$1,833$1,416$1,083$822$227
24 years$2,226$1,717$1,309$988$739$190
25 years$2,114$1,611$1,212$902$665$159
26 years$2,011$1,515$1,125$825$599$134
27 years$1,916$1,425$1,044$755$540$112
28 years$1,828$1,343$971$692$487$94
29 years$1,746$1,267$903$634$440$79
30 years$1,669$1,197$841$582$398$67
31 years$1,598$1,131$784$535$359$56
32 years$1,531$1,070$732$491$325$47
33 years$1,468$1,014$683$452$294$39
34 years$1,410$961$639$416$266$33
35 years$1,354$911$597$383$241$28
36 years$1,302$865$558$352$219$23
37 years$1,253$821$523$325$198$20
38 years$1,207$781$489$299$180$17
39 years$1,163$742$459$276$163$14
40 years$1,121$706$430$255$148$12
41 years$1,082$672$403$235$134$10
42 years$1,044$640$378$217$122$8
43 years$1,008$610$355$200$110$7
44 years$974$581$333$185$100$6
45 years$942$555$313$171$91$5
46 years$911$529$294$158$83$4
47 years$882$505$276$146$75$3
48 years$853$482$259$135$68$3
49 years$826$460$244$124$62$2
50 years$801$440$229$115$56$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $820,000, adding $5,086 every year, while hoping to spend $31,621 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: 62/13/25 Blend
43$820,000$820,000$820,000$820,000
44$908,886$865,426$852,716$958,917
45$967,948$874,188$847,638$1,002,186
46$1,031,975$882,318$841,329$1,045,493
47$1,101,438$889,755$833,716$1,092,086
48$1,176,860$896,427$824,721$1,142,290
49$1,258,812$902,264$814,261$1,196,467
50$1,347,922$907,187$802,250$1,255,013
51$1,444,885$911,114$788,600$1,318,367
52$1,550,461$913,956$773,216$1,387,013
53$1,665,489$915,621$756,000$1,461,486
54$1,790,892$916,009$736,849$1,542,377
55$1,927,684$915,016$715,655$1,630,337
56$2,076,985$912,528$692,306$1,726,086
57$2,240,023$908,428$666,684$1,830,417
58$2,418,154$902,589$638,666$1,944,208
59$2,612,868$894,878$608,124$2,068,425
60$2,825,806$885,153$574,922$2,204,136
61$3,058,777$873,264$538,921$2,352,519
62$3,313,770$859,052$499,973$2,514,875
63$3,592,977$842,348$457,924$2,692,638
64$3,898,811$822,973$412,615$2,887,392
65$4,233,930$800,739$363,877$3,100,882
66$4,601,260$775,444$311,536$3,335,037
67$5,004,024$746,877$255,409$3,591,983
68$5,445,775$714,814$195,304$3,874,066
69$5,930,420$679,016$131,024$4,183,874
70$6,462,269$639,234$62,359$4,524,262
71$7,046,065$595,201$0$4,898,380
72$7,687,035$546,637$0$5,312,613
73$8,390,935$493,245$0$5,785,823
74$9,164,107$434,711$0$6,305,647
75$10,013,538$370,703$0$6,876,813
76$10,946,923$300,872$0$7,504,532
77$11,972,742$224,847$0$8,194,545
78$13,100,335$142,239$0$8,953,181
79$14,339,994$52,632$0$9,787,413
80$15,703,055$0$0$10,704,930
81$17,202,011$0$0$11,720,553
82$18,850,623$0$0$12,845,926
83$20,664,055$0$0$14,083,877
84$22,659,014$0$0$15,445,822
85$24,853,905$0$0$16,944,334
86$27,269,012$0$0$18,593,271
87$29,926,679$0$0$20,407,898
88$32,851,530$0$0$22,405,038
89$36,070,693$0$0$24,603,226
90$39,614,064$0$0$27,022,884
91$43,514,578$0$0$29,686,516
92$47,808,532$0$0$32,618,919
93$52,535,916$0$0$35,847,415
94$57,740,797$0$0$39,402,110
95$63,471,732$0$0$43,316,180
96$69,782,226$0$0$47,626,179
97$76,731,235$0$0$52,372,387
98$84,383,728$0$0$57,599,192
99$92,811,290$0$0$63,355,503
100$102,092,807$0$0$69,695,215