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%18.6%
1 years$70,192$69,567$68,957$68,362$67,780$65,427
2 years$34,749$34,101$33,474$32,866$32,276$29,930
3 years$22,936$22,286$21,660$21,058$20,477$18,212
4 years$17,030$16,382$15,763$15,171$14,605$12,437
5 years$13,488$12,844$12,233$11,653$11,102$9,038
6 years$11,127$10,488$9,886$9,319$8,785$6,825
7 years$9,442$8,808$8,215$7,661$7,144$5,290
8 years$8,178$7,550$6,967$6,427$5,927$4,175
9 years$7,196$6,574$6,001$5,474$4,991$3,341
10 years$6,410$5,794$5,232$4,719$4,253$2,701
11 years$5,768$5,158$4,606$4,107$3,658$2,201
12 years$5,234$4,630$4,088$3,602$3,170$1,804
13 years$4,781$4,184$3,652$3,180$2,764$1,487
14 years$4,394$3,803$3,281$2,823$2,423$1,230
15 years$4,059$3,474$2,963$2,518$2,133$1,021
16 years$3,766$3,188$2,686$2,254$1,885$850
17 years$3,507$2,936$2,444$2,026$1,672$709
18 years$3,278$2,713$2,231$1,825$1,486$592
19 years$3,073$2,514$2,043$1,649$1,325$495
20 years$2,889$2,336$1,875$1,494$1,183$415
21 years$2,722$2,176$1,724$1,356$1,059$348
22 years$2,571$2,031$1,589$1,233$949$292
23 years$2,433$1,900$1,467$1,123$852$245
24 years$2,307$1,780$1,357$1,024$766$206
25 years$2,191$1,670$1,257$935$689$174
26 years$2,085$1,570$1,166$855$621$146
27 years$1,986$1,478$1,082$783$560$123
28 years$1,894$1,392$1,006$717$505$103
29 years$1,809$1,313$936$658$456$87
30 years$1,730$1,240$872$603$412$73
31 years$1,656$1,173$813$554$373$62
32 years$1,587$1,109$759$509$337$52
33 years$1,522$1,051$708$468$305$44
34 years$1,461$996$662$431$276$37
35 years$1,404$945$619$397$250$31
36 years$1,350$897$579$365$227$26
37 years$1,299$851$542$337$205$22
38 years$1,251$809$507$310$186$19
39 years$1,205$769$475$286$169$16
40 years$1,162$732$446$264$153$13
41 years$1,121$697$418$243$139$11
42 years$1,082$664$392$225$126$9
43 years$1,045$632$368$207$114$8
44 years$1,010$603$345$192$104$7
45 years$976$575$324$177$94$6
46 years$944$548$304$163$86$5
47 years$914$523$286$151$78$4
48 years$885$500$269$139$71$3
49 years$857$477$253$129$64$3
50 years$830$456$238$119$58$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $850,000, adding $4,564 every year, while hoping to spend $48,740 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: 33/48/19 Blend
43$850,000$850,000$850,000$850,000
44$941,408$896,358$883,183$966,813
45$985,572$888,420$860,910$978,099
46$1,032,608$878,460$836,258$985,452
47$1,082,757$866,327$809,095$992,353
48$1,136,282$851,862$779,285$998,791
49$1,193,475$834,895$746,682$1,004,758
50$1,254,651$815,247$711,138$1,010,250
51$1,320,160$792,728$672,496$1,015,268
52$1,390,383$767,139$630,591$1,019,817
53$1,465,740$738,266$585,254$1,023,909
54$1,546,689$705,885$536,303$1,027,564
55$1,633,736$669,757$483,554$1,030,807
56$1,727,433$629,632$426,809$1,033,676
57$1,828,390$585,243$365,866$1,036,219
58$1,937,275$536,309$300,512$1,038,494
59$2,054,821$482,532$230,523$1,040,575
60$2,181,836$423,599$155,668$1,042,552
61$2,319,204$359,176$75,704$1,044,532
62$2,467,901$288,914$0$1,046,644
63$2,628,997$212,441$0$1,050,992
64$2,803,670$129,366$0$1,072,304
65$2,993,215$39,276$0$1,095,481
66$3,199,057$0$0$1,120,819
67$3,422,760$0$0$1,179,433
68$3,666,050$0$0$1,265,851
69$3,930,822$0$0$1,360,016
70$4,219,161$0$0$1,462,686
71$4,533,364$0$0$1,574,692
72$4,875,958$0$0$1,696,951
73$5,249,721$0$0$1,830,472
74$5,657,716$0$0$1,976,366
75$6,103,310$0$0$2,135,856
76$6,590,213$0$0$2,310,287
77$7,122,508$0$0$2,501,143
78$7,704,690$0$0$2,710,055
79$8,341,708$0$0$2,938,820
80$9,039,014$0$0$3,189,418
81$9,802,607$0$0$3,464,029
82$10,639,098$0$0$3,765,052
83$11,555,765$0$0$4,095,133
84$12,560,623$0$0$4,457,181
85$13,662,501$0$0$4,854,406
86$14,871,123$0$0$5,290,339
87$16,197,198$0$0$5,768,872
88$17,652,523$0$0$6,294,292
89$19,250,093$0$0$6,871,319
90$21,004,220$0$0$7,505,156
91$22,930,673$0$0$8,201,533
92$25,046,821$0$0$8,966,762
93$27,371,798$0$0$9,807,798
94$29,926,684$0$0$10,732,302
95$32,734,702$0$0$11,748,714
96$35,821,436$0$0$12,866,335
97$39,215,072$0$0$14,095,409
98$42,946,665$0$0$15,447,226
99$47,050,427$0$0$16,934,221
100$51,564,054$0$0$18,570,098