Can I retire at age 44 with 830,000?

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 $830,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.6%
1 years$68,541$67,930$67,334$66,753$66,185$64,664
2 years$33,931$33,299$32,687$32,093$31,517$29,993
3 years$22,396$21,761$21,150$20,562$19,996$18,516
4 years$16,630$15,997$15,392$14,814$14,261$12,837
5 years$13,171$12,542$11,945$11,378$10,841$9,477
6 years$10,865$10,241$9,653$9,099$8,578$7,276
7 years$9,220$8,601$8,022$7,481$6,976$5,736
8 years$7,986$7,372$6,803$6,276$5,788$4,608
9 years$7,026$6,419$5,860$5,346$4,874$3,755
10 years$6,260$5,658$5,109$4,608$4,153$3,093
11 years$5,633$5,037$4,497$4,010$3,572$2,569
12 years$5,110$4,521$3,991$3,518$3,095$2,149
13 years$4,669$4,086$3,566$3,105$2,699$1,807
14 years$4,291$3,714$3,204$2,757$2,366$1,526
15 years$3,963$3,393$2,893$2,458$2,083$1,294
16 years$3,677$3,113$2,623$2,201$1,841$1,100
17 years$3,425$2,867$2,387$1,978$1,632$938
18 years$3,201$2,649$2,179$1,782$1,451$801
19 years$3,001$2,455$1,995$1,611$1,294$686
20 years$2,821$2,281$1,830$1,459$1,156$588
21 years$2,658$2,125$1,684$1,324$1,034$505
22 years$2,511$1,983$1,552$1,204$927$434
23 years$2,376$1,855$1,433$1,096$832$373
24 years$2,253$1,738$1,325$1,000$748$321
25 years$2,140$1,631$1,227$913$673$276
26 years$2,036$1,533$1,138$835$606$238
27 years$1,939$1,443$1,057$764$547$205
28 years$1,850$1,359$983$700$493$177
29 years$1,767$1,283$914$642$445$153
30 years$1,690$1,211$852$589$402$132
31 years$1,617$1,145$794$541$364$114
32 years$1,550$1,083$741$497$329$98
33 years$1,486$1,026$692$457$298$85
34 years$1,427$972$646$421$270$74
35 years$1,371$922$604$387$244$64
36 years$1,318$875$565$357$221$55
37 years$1,268$831$529$329$201$47
38 years$1,221$790$495$303$182$41
39 years$1,177$751$464$279$165$35
40 years$1,135$715$435$258$150$31
41 years$1,095$680$408$238$136$27
42 years$1,057$648$383$219$123$23
43 years$1,021$617$359$203$112$20
44 years$986$589$337$187$101$17
45 years$953$561$317$173$92$15
46 years$922$535$297$160$84$13
47 years$892$511$279$147$76$11
48 years$864$488$262$136$69$10
49 years$836$466$247$126$63$8
50 years$810$445$232$116$57$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $830,000, adding $3,094 every year, while hoping to spend $34,836 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: 25/49/26 Blend
43$830,000$830,000$830,000$830,000
44$917,851$873,861$860,996$933,214
45$974,407$879,615$852,775$951,887
46$1,035,564$884,484$843,110$968,709
47$1,101,754$888,386$831,917$986,013
48$1,173,454$891,238$819,107$1,003,862
49$1,251,185$892,948$804,586$1,022,329
50$1,335,524$893,420$788,257$1,041,496
51$1,427,101$892,551$770,018$1,061,457
52$1,526,613$890,234$749,761$1,082,320
53$1,634,825$886,353$727,375$1,104,207
54$1,752,577$880,784$702,743$1,127,254
55$1,880,798$873,400$675,742$1,151,617
56$2,020,504$864,062$646,244$1,177,473
57$2,172,818$852,624$614,116$1,205,019
58$2,338,975$838,931$579,218$1,234,478
59$2,520,332$822,820$541,404$1,266,101
60$2,718,385$804,118$500,520$1,300,170
61$2,934,780$782,640$456,407$1,337,002
62$3,171,330$758,191$408,899$1,376,951
63$3,430,030$730,567$357,821$1,420,413
64$3,713,076$699,548$302,992$1,467,834
65$4,022,889$664,905$244,221$1,519,711
66$4,362,132$626,394$181,311$1,576,599
67$4,733,738$583,756$114,053$1,639,118
68$5,140,938$536,718$42,233$1,707,959
69$5,587,289$484,993$0$1,783,895
70$6,076,711$428,276$0$1,877,332
71$6,613,519$366,245$0$1,992,804
72$7,202,466$298,559$0$2,119,717
73$7,848,788$224,859$0$2,259,328
74$8,558,252$144,765$0$2,413,031
75$9,337,212$57,877$0$2,582,369
76$10,192,666$0$0$2,769,052
77$11,132,322$0$0$2,994,508
78$12,164,673$0$0$3,276,638
79$13,299,075$0$0$3,586,812
80$14,545,834$0$0$3,927,866
81$15,916,306$0$0$4,302,926
82$17,423,000$0$0$4,715,437
83$19,079,698$0$0$5,169,193
84$20,901,586$0$0$5,668,374
85$22,905,392$0$0$6,217,587
86$25,109,550$0$0$6,821,908
87$27,534,369$0$0$7,486,929
88$30,202,223$0$0$8,218,811
89$33,137,768$0$0$9,024,343
90$36,368,168$0$0$9,911,008
91$39,923,355$0$0$10,887,046
92$43,836,309$0$0$11,961,542
93$48,143,369$0$0$13,144,503
94$52,884,574$0$0$14,446,957
95$58,104,046$0$0$15,881,055
96$63,850,400$0$0$17,460,187
97$70,177,203$0$0$19,199,108
98$77,143,484$0$0$21,114,075
99$84,814,283$0$0$23,223,003
100$93,261,272$0$0$25,545,633