Can I retire at age 44 with 850,000?

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 $850,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%18.1%
1 years$70,192$69,567$68,957$68,362$67,780$65,558
2 years$34,749$34,101$33,474$32,866$32,276$30,059
3 years$22,936$22,286$21,660$21,058$20,477$18,334
4 years$17,030$16,382$15,763$15,171$14,605$12,552
5 years$13,488$12,844$12,233$11,653$11,102$9,146
6 years$11,127$10,488$9,886$9,319$8,785$6,926
7 years$9,442$8,808$8,215$7,661$7,144$5,383
8 years$8,178$7,550$6,967$6,427$5,927$4,262
9 years$7,196$6,574$6,001$5,474$4,991$3,420
10 years$6,410$5,794$5,232$4,719$4,253$2,773
11 years$5,768$5,158$4,606$4,107$3,658$2,267
12 years$5,234$4,630$4,088$3,602$3,170$1,865
13 years$4,781$4,184$3,652$3,180$2,764$1,542
14 years$4,394$3,803$3,281$2,823$2,423$1,280
15 years$4,059$3,474$2,963$2,518$2,133$1,066
16 years$3,766$3,188$2,686$2,254$1,885$891
17 years$3,507$2,936$2,444$2,026$1,672$746
18 years$3,278$2,713$2,231$1,825$1,486$625
19 years$3,073$2,514$2,043$1,649$1,325$525
20 years$2,889$2,336$1,875$1,494$1,183$442
21 years$2,722$2,176$1,724$1,356$1,059$372
22 years$2,571$2,031$1,589$1,233$949$313
23 years$2,433$1,900$1,467$1,123$852$264
24 years$2,307$1,780$1,357$1,024$766$223
25 years$2,191$1,670$1,257$935$689$188
26 years$2,085$1,570$1,166$855$621$159
27 years$1,986$1,478$1,082$783$560$134
28 years$1,894$1,392$1,006$717$505$114
29 years$1,809$1,313$936$658$456$96
30 years$1,730$1,240$872$603$412$81
31 years$1,656$1,173$813$554$373$69
32 years$1,587$1,109$759$509$337$58
33 years$1,522$1,051$708$468$305$49
34 years$1,461$996$662$431$276$42
35 years$1,404$945$619$397$250$35
36 years$1,350$897$579$365$227$30
37 years$1,299$851$542$337$205$25
38 years$1,251$809$507$310$186$21
39 years$1,205$769$475$286$169$18
40 years$1,162$732$446$264$153$15
41 years$1,121$697$418$243$139$13
42 years$1,082$664$392$225$126$11
43 years$1,045$632$368$207$114$9
44 years$1,010$603$345$192$104$8
45 years$976$575$324$177$94$7
46 years$944$548$304$163$86$6
47 years$914$523$286$151$78$5
48 years$885$500$269$139$71$4
49 years$857$477$253$129$64$3
50 years$830$456$238$119$58$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $850,000, adding $4,878 every year, while hoping to spend $39,809 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: 59/18/23 Blend
43$850,000$850,000$850,000$850,000
44$941,732$896,682$883,507$991,235
45$995,432$898,263$870,748$1,027,050
46$1,053,275$898,587$856,227$1,061,370
47$1,115,642$897,551$839,844$1,097,936
48$1,182,951$895,044$821,492$1,136,972
49$1,255,661$890,950$801,061$1,178,729
50$1,334,277$885,145$778,435$1,223,486
51$1,419,354$877,498$753,493$1,271,548
52$1,511,502$867,869$726,109$1,323,256
53$1,611,391$856,111$696,149$1,378,987
54$1,719,759$842,066$663,476$1,439,158
55$1,837,416$825,569$627,945$1,504,231
56$1,965,255$806,445$589,403$1,574,717
57$2,104,257$784,506$547,694$1,651,180
58$2,255,502$759,557$502,652$1,734,247
59$2,420,176$731,389$454,104$1,824,609
60$2,599,588$699,781$401,871$1,923,033
61$2,795,175$664,499$345,762$2,030,363
62$3,008,520$625,297$285,583$2,147,537
63$3,241,367$581,914$221,127$2,275,590
64$3,495,631$534,073$152,181$2,415,664
65$3,773,426$481,483$78,519$2,569,025
66$4,077,075$423,835$0$2,737,071
67$4,409,137$360,803$0$2,921,368
68$4,772,429$292,043$0$3,144,165
69$5,170,055$217,190$0$3,388,121
70$5,605,429$135,862$0$3,655,384
71$6,082,315$47,651$0$3,948,323
72$6,604,855$0$0$4,269,551
73$7,177,611$0$0$4,631,429
74$7,805,609$0$0$5,038,628
75$8,494,383$0$0$5,485,308
76$9,250,029$0$0$5,975,431
77$10,079,261$0$0$6,513,360
78$10,989,476$0$0$7,103,904
79$11,988,819$0$0$7,752,358
80$13,086,266$0$0$8,464,556
81$14,291,701$0$0$9,246,924
82$15,616,016$0$0$10,106,542
83$17,071,208$0$0$11,051,208
84$18,670,493$0$0$12,089,515
85$20,428,434$0$0$13,230,928
86$22,361,071$0$0$14,485,876
87$24,486,079$0$0$15,865,849
88$26,822,929$0$0$17,383,505
89$29,393,075$0$0$19,052,792
90$32,220,153$0$0$20,889,075
91$35,330,206$0$0$22,909,284
92$38,751,928$0$0$25,132,076
93$42,516,934$0$0$27,578,002
94$46,660,058$0$0$30,269,711
95$51,219,683$0$0$33,232,154
96$56,238,098$0$0$36,492,827
97$61,761,904$0$0$40,082,024
98$67,842,444$0$0$44,033,129
99$74,536,295$0$0$48,382,922
100$81,905,798$0$0$53,171,934