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%13.9%
1 years$70,192$69,567$68,957$68,362$67,780$66,685
2 years$34,749$34,101$33,474$32,866$32,276$31,176
3 years$22,936$22,286$21,660$21,058$20,477$19,406
4 years$17,030$16,382$15,763$15,171$14,605$13,570
5 years$13,488$12,844$12,233$11,653$11,102$10,108
6 years$11,127$10,488$9,886$9,319$8,785$7,832
7 years$9,442$8,808$8,215$7,661$7,144$6,234
8 years$8,178$7,550$6,967$6,427$5,927$5,058
9 years$7,196$6,574$6,001$5,474$4,991$4,163
10 years$6,410$5,794$5,232$4,719$4,253$3,465
11 years$5,768$5,158$4,606$4,107$3,658$2,910
12 years$5,234$4,630$4,088$3,602$3,170$2,460
13 years$4,781$4,184$3,652$3,180$2,764$2,092
14 years$4,394$3,803$3,281$2,823$2,423$1,788
15 years$4,059$3,474$2,963$2,518$2,133$1,533
16 years$3,766$3,188$2,686$2,254$1,885$1,320
17 years$3,507$2,936$2,444$2,026$1,672$1,139
18 years$3,278$2,713$2,231$1,825$1,486$985
19 years$3,073$2,514$2,043$1,649$1,325$854
20 years$2,889$2,336$1,875$1,494$1,183$741
21 years$2,722$2,176$1,724$1,356$1,059$645
22 years$2,571$2,031$1,589$1,233$949$561
23 years$2,433$1,900$1,467$1,123$852$489
24 years$2,307$1,780$1,357$1,024$766$427
25 years$2,191$1,670$1,257$935$689$372
26 years$2,085$1,570$1,166$855$621$325
27 years$1,986$1,478$1,082$783$560$284
28 years$1,894$1,392$1,006$717$505$249
29 years$1,809$1,313$936$658$456$218
30 years$1,730$1,240$872$603$412$191
31 years$1,656$1,173$813$554$373$167
32 years$1,587$1,109$759$509$337$146
33 years$1,522$1,051$708$468$305$128
34 years$1,461$996$662$431$276$112
35 years$1,404$945$619$397$250$98
36 years$1,350$897$579$365$227$86
37 years$1,299$851$542$337$205$76
38 years$1,251$809$507$310$186$66
39 years$1,205$769$475$286$169$58
40 years$1,162$732$446$264$153$51
41 years$1,121$697$418$243$139$45
42 years$1,082$664$392$225$126$39
43 years$1,045$632$368$207$114$35
44 years$1,010$603$345$192$104$30
45 years$976$575$324$177$94$27
46 years$944$548$304$163$86$23
47 years$914$523$286$151$78$20
48 years$885$500$269$139$71$18
49 years$857$477$253$129$64$16
50 years$830$456$238$119$58$14

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $850,000, adding $4,723 every year, while hoping to spend $40,020 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: 64/12/24 Blend
43$850,000$850,000$850,000$850,000
44$941,572$896,522$883,347$995,645
45$995,031$897,870$870,358$1,034,055
46$1,052,602$897,944$855,593$1,071,112
47$1,114,662$896,637$838,949$1,110,698
48$1,181,624$893,839$820,321$1,153,066
49$1,253,945$889,433$799,597$1,198,494
50$1,332,124$883,291$776,660$1,247,290
51$1,416,710$875,283$751,388$1,299,795
52$1,508,309$865,266$723,654$1,356,385
53$1,607,585$853,092$693,325$1,417,479
54$1,715,268$838,603$660,260$1,483,537
55$1,832,161$821,630$624,315$1,555,067
56$1,959,148$801,997$585,336$1,632,634
57$2,097,202$779,515$543,165$1,716,859
58$2,247,390$753,985$497,635$1,808,432
59$2,410,891$725,197$448,573$1,908,111
60$2,588,998$692,928$395,796$2,016,738
61$2,783,136$656,942$339,116$2,135,240
62$2,994,873$616,990$278,333$2,264,643
63$3,225,935$572,807$213,242$2,406,079
64$3,478,221$524,115$143,627$2,560,800
65$3,753,823$470,620$69,261$2,730,188
66$4,055,041$412,009$0$2,915,769
67$4,384,412$347,953$0$3,121,815
68$4,744,724$278,105$0$3,366,695
69$5,139,051$202,098$0$3,634,776
70$5,570,776$119,542$0$3,928,394
71$6,043,624$30,029$0$4,250,125
72$6,561,699$0$0$4,602,807
73$7,129,518$0$0$4,998,400
74$7,752,059$0$0$5,436,524
75$8,434,802$0$0$5,917,077
76$9,183,783$0$0$6,444,316
77$10,005,652$0$0$7,022,930
78$10,907,734$0$0$7,658,084
79$11,898,095$0$0$8,355,466
80$12,985,623$0$0$9,121,343
81$14,180,107$0$0$9,962,618
82$15,492,333$0$0$10,886,897
83$16,934,179$0$0$11,902,557
84$18,518,735$0$0$13,018,828
85$20,260,420$0$0$14,245,879
86$22,175,119$0$0$15,594,911
87$24,280,334$0$0$17,078,267
88$26,595,346$0$0$18,709,544
89$29,141,400$0$0$20,503,725
90$31,941,901$0$0$22,477,315
91$35,022,637$0$0$24,648,501
92$38,412,023$0$0$27,037,320
93$42,141,363$0$0$29,665,851
94$46,245,153$0$0$32,558,421
95$50,761,399$0$0$35,741,831
96$55,731,978$0$0$39,245,617
97$61,203,032$0$0$43,102,320
98$67,225,406$0$0$47,347,797
99$73,855,121$0$0$52,021,557
100$81,153,908$0$0$57,167,135