Can I retire at age 44 with 820,000?

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 $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%17.4%
1 years$67,715$67,112$66,523$65,949$65,388$63,422
2 years$33,522$32,898$32,293$31,706$31,137$29,173
3 years$22,126$21,499$20,896$20,314$19,755$17,854
4 years$16,429$15,804$15,207$14,635$14,089$12,266
5 years$13,012$12,391$11,801$11,241$10,710$8,971
6 years$10,735$10,118$9,537$8,990$8,475$6,819
7 years$9,108$8,497$7,925$7,391$6,892$5,321
8 years$7,889$7,283$6,721$6,200$5,718$4,230
9 years$6,942$6,342$5,789$5,281$4,815$3,410
10 years$6,184$5,590$5,047$4,552$4,103$2,777
11 years$5,565$4,976$4,443$3,962$3,529$2,280
12 years$5,049$4,466$3,943$3,475$3,058$1,885
13 years$4,613$4,036$3,523$3,068$2,666$1,566
14 years$4,239$3,669$3,165$2,723$2,337$1,306
15 years$3,916$3,352$2,858$2,429$2,058$1,093
16 years$3,633$3,075$2,591$2,175$1,819$918
17 years$3,384$2,832$2,358$1,954$1,613$772
18 years$3,162$2,617$2,152$1,761$1,434$651
19 years$2,965$2,425$1,970$1,591$1,278$550
20 years$2,787$2,254$1,808$1,441$1,142$465
21 years$2,626$2,099$1,663$1,308$1,022$394
22 years$2,480$1,960$1,533$1,189$916$333
23 years$2,348$1,833$1,416$1,083$822$283
24 years$2,226$1,717$1,309$988$739$240
25 years$2,114$1,611$1,212$902$665$204
26 years$2,011$1,515$1,125$825$599$173
27 years$1,916$1,425$1,044$755$540$147
28 years$1,828$1,343$971$692$487$125
29 years$1,746$1,267$903$634$440$106
30 years$1,669$1,197$841$582$398$90
31 years$1,598$1,131$784$535$359$77
32 years$1,531$1,070$732$491$325$65
33 years$1,468$1,014$683$452$294$56
34 years$1,410$961$639$416$266$47
35 years$1,354$911$597$383$241$40
36 years$1,302$865$558$352$219$34
37 years$1,253$821$523$325$198$29
38 years$1,207$781$489$299$180$25
39 years$1,163$742$459$276$163$21
40 years$1,121$706$430$255$148$18
41 years$1,082$672$403$235$134$15
42 years$1,044$640$378$217$122$13
43 years$1,008$610$355$200$110$11
44 years$974$581$333$185$100$10
45 years$942$555$313$171$91$8
46 years$911$529$294$158$83$7
47 years$882$505$276$146$75$6
48 years$853$482$259$135$68$5
49 years$826$460$244$124$62$4
50 years$801$440$229$115$56$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $820,000, adding $6,867 every year, while hoping to spend $22,990 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: 44/40/16 Blend
43$820,000$820,000$820,000$820,000
44$910,723$867,263$854,553$946,309
45$979,156$885,298$858,720$989,950
46$1,053,798$903,446$862,255$1,034,396
47$1,135,259$921,688$865,114$1,082,078
48$1,224,209$940,005$867,249$1,133,304
49$1,321,386$958,373$868,610$1,188,414
50$1,427,604$976,769$869,144$1,247,785
51$1,543,755$995,166$868,796$1,311,830
52$1,670,826$1,013,537$867,509$1,381,004
53$1,809,900$1,031,851$865,221$1,455,812
54$1,962,173$1,050,075$861,869$1,536,807
55$2,128,959$1,068,173$857,386$1,624,602
56$2,311,707$1,086,107$851,702$1,719,871
57$2,512,011$1,103,836$844,743$1,823,359
58$2,731,628$1,121,316$836,434$1,935,885
59$2,972,492$1,138,499$826,693$2,058,356
60$3,236,736$1,155,335$815,437$2,191,768
61$3,526,705$1,171,768$802,576$2,337,223
62$3,844,986$1,187,742$788,019$2,495,934
63$4,194,426$1,203,192$771,669$2,669,241
64$4,578,162$1,218,053$753,425$2,858,620
65$4,999,650$1,232,254$733,180$3,065,699
66$5,462,697$1,245,717$710,825$3,292,274
67$5,971,497$1,258,362$686,242$3,540,325
68$6,530,670$1,270,102$659,312$3,812,037
69$7,145,307$1,280,845$629,907$4,109,817
70$7,821,014$1,290,493$597,895$4,436,322
71$8,563,970$1,298,940$563,137$4,794,480
72$9,380,983$1,306,075$525,490$5,187,522
73$10,279,550$1,311,780$484,801$5,619,009
74$11,267,935$1,315,928$440,912$6,092,868
75$12,355,241$1,318,386$393,660$6,613,431
76$13,551,499$1,319,009$342,870$7,185,472
77$14,867,759$1,317,649$288,364$7,814,257
78$16,316,200$1,314,142$229,953$8,505,592
79$17,910,237$1,308,320$167,442$9,265,879
80$19,664,654$1,300,001$100,624$10,102,175
81$21,595,740$1,288,992$29,286$11,022,264
82$23,721,444$1,275,091$0$12,034,726
83$26,061,542$1,258,082$0$13,157,019
84$28,637,826$1,237,734$0$14,397,431
85$31,474,308$1,213,807$0$15,762,498
86$34,597,448$1,186,044$0$17,264,941
87$38,036,399$1,154,172$0$18,918,784
88$41,823,289$1,117,904$0$20,739,483
89$45,993,518$1,076,934$0$22,744,073
90$50,586,094$1,030,941$0$24,951,335
91$55,644,002$979,584$0$27,381,966
92$61,214,608$922,501$0$30,058,783
93$67,350,105$859,310$0$33,006,932
94$74,108,009$789,609$0$36,254,131
95$81,551,696$712,971$0$39,830,933
96$89,751,007$628,945$0$43,771,010
97$98,782,901$537,054$0$48,111,479
98$108,732,182$436,795$0$52,893,249
99$119,692,303$327,636$0$58,161,409
100$131,766,243$209,016$0$63,965,655