Can I retire at age 44 with 860,000?

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 $860,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.6%
1 years$71,018$70,385$69,768$69,166$68,578$67,833
2 years$35,157$34,503$33,868$33,253$32,656$31,906
3 years$23,205$22,548$21,915$21,305$20,718$19,987
4 years$17,231$16,575$15,948$15,349$14,776$14,069
5 years$13,647$12,995$12,377$11,790$11,233$10,551
6 years$11,258$10,611$10,002$9,428$8,888$8,233
7 years$9,553$8,911$8,312$7,752$7,228$6,600
8 years$8,274$7,639$7,049$6,503$5,997$5,396
9 years$7,280$6,651$6,071$5,539$5,050$4,476
10 years$6,486$5,862$5,293$4,774$4,303$3,755
11 years$5,836$5,219$4,660$4,155$3,701$3,178
12 years$5,295$4,684$4,136$3,645$3,207$2,710
13 years$4,838$4,233$3,695$3,218$2,796$2,324
14 years$4,446$3,848$3,320$2,856$2,451$2,003
15 years$4,107$3,515$2,997$2,547$2,158$1,734
16 years$3,810$3,225$2,718$2,281$1,908$1,505
17 years$3,549$2,970$2,473$2,049$1,691$1,311
18 years$3,317$2,745$2,257$1,847$1,504$1,145
19 years$3,109$2,544$2,067$1,669$1,340$1,002
20 years$2,923$2,364$1,897$1,511$1,197$878
21 years$2,754$2,202$1,745$1,372$1,071$771
22 years$2,601$2,055$1,608$1,247$960$678
23 years$2,462$1,922$1,485$1,136$862$597
24 years$2,334$1,801$1,373$1,036$775$526
25 years$2,217$1,690$1,272$946$697$464
26 years$2,109$1,588$1,179$865$628$409
27 years$2,009$1,495$1,095$792$566$362
28 years$1,917$1,409$1,018$725$511$320
29 years$1,831$1,329$947$665$461$283
30 years$1,751$1,255$882$611$417$250
31 years$1,676$1,186$823$561$377$221
32 years$1,606$1,123$768$515$341$196
33 years$1,540$1,063$717$474$309$174
34 years$1,479$1,008$670$436$279$154
35 years$1,421$956$626$401$253$136
36 years$1,366$907$586$370$229$121
37 years$1,314$861$548$341$208$107
38 years$1,266$819$513$314$188$95
39 years$1,219$779$481$289$171$84
40 years$1,176$741$451$267$155$75
41 years$1,134$705$423$246$141$66
42 years$1,095$671$397$227$128$59
43 years$1,057$640$372$210$116$52
44 years$1,022$610$349$194$105$46
45 years$988$582$328$179$95$41
46 years$955$555$308$165$87$37
47 years$925$529$289$153$79$32
48 years$895$505$272$141$71$29
49 years$867$483$256$130$65$26
50 years$840$461$240$121$59$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $860,000, adding $2,529 every year, while hoping to spend $22,215 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: 80/12/8 Blend
43$860,000$860,000$860,000$860,000
44$950,329$904,749$891,419$1,025,167
45$1,023,626$925,445$897,645$1,095,272
46$1,103,654$946,410$903,335$1,169,002
47$1,191,078$967,635$908,447$1,249,238
48$1,286,626$989,108$912,939$1,336,619
49$1,391,104$1,010,816$916,764$1,431,849
50$1,505,395$1,032,745$919,874$1,535,702
51$1,630,475$1,054,878$922,219$1,649,030
52$1,767,415$1,077,200$923,746$1,772,774
53$1,917,399$1,099,690$924,398$1,907,968
54$2,081,727$1,122,327$924,119$2,055,752
55$2,261,831$1,145,090$922,845$2,217,381
56$2,459,292$1,167,953$920,514$2,394,239
57$2,675,846$1,190,889$917,058$2,587,849
58$2,913,408$1,213,869$912,405$2,799,889
59$3,174,087$1,236,860$906,482$3,032,209
60$3,460,206$1,259,828$899,212$3,286,845
61$3,774,324$1,282,736$890,512$3,566,043
62$4,119,259$1,305,544$880,298$3,872,274
63$4,498,116$1,328,208$868,480$4,208,264
64$4,914,315$1,350,682$854,965$4,577,014
65$5,371,624$1,372,914$839,656$4,981,831
66$5,874,194$1,394,851$822,448$5,426,360
67$6,426,598$1,416,435$803,237$5,914,617
68$7,033,874$1,437,604$781,909$6,451,026
69$7,701,573$1,458,290$758,347$7,040,463
70$8,435,810$1,478,423$732,428$7,688,299
71$9,243,323$1,497,926$704,024$8,400,454
72$10,131,534$1,516,717$673,001$9,183,452
73$11,108,623$1,534,708$639,219$10,044,480
74$12,183,600$1,551,806$602,530$10,991,459
75$13,366,395$1,567,912$562,783$12,033,117
76$14,667,947$1,582,920$519,816$13,179,072
77$16,100,310$1,596,715$473,462$14,439,922
78$17,676,765$1,609,178$423,546$15,827,348
79$19,411,947$1,620,179$369,887$17,354,220
80$21,321,980$1,629,583$312,293$19,034,719
81$23,424,632$1,637,242$250,565$20,884,477
82$25,739,480$1,643,003$184,494$22,920,714
83$28,288,097$1,646,701$113,865$25,162,413
84$31,094,254$1,648,160$38,451$27,630,487
85$34,184,143$1,647,195$0$30,347,986
86$37,586,627$1,643,608$0$33,343,898
87$41,333,508$1,637,191$0$36,646,361
88$45,459,832$1,627,719$0$40,282,956
89$50,004,216$1,614,958$0$44,287,700
90$55,009,213$1,598,658$0$48,698,075
91$60,521,713$1,578,553$0$53,555,386
92$66,593,387$1,554,362$0$58,905,153
93$73,281,174$1,525,786$0$64,797,532
94$80,647,815$1,492,512$0$71,287,799
95$88,762,451$1,454,203$0$78,436,865
96$97,701,269$1,410,508$0$86,311,853
97$107,548,226$1,361,050$0$94,986,732
98$118,395,837$1,305,433$0$104,543,013
99$130,346,052$1,243,239$0$115,070,522
100$143,511,215$1,174,023$0$126,668,246