Can I retire at age 44 with 860,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%12.4%
1 years$71,018$70,385$69,768$69,166$68,578$67,890
2 years$35,157$34,503$33,868$33,253$32,656$31,963
3 years$23,205$22,548$21,915$21,305$20,718$20,042
4 years$17,231$16,575$15,948$15,349$14,776$14,122
5 years$13,647$12,995$12,377$11,790$11,233$10,602
6 years$11,258$10,611$10,002$9,428$8,888$8,282
7 years$9,553$8,911$8,312$7,752$7,228$6,647
8 years$8,274$7,639$7,049$6,503$5,997$5,440
9 years$7,280$6,651$6,071$5,539$5,050$4,517
10 years$6,486$5,862$5,293$4,774$4,303$3,794
11 years$5,836$5,219$4,660$4,155$3,701$3,216
12 years$5,295$4,684$4,136$3,645$3,207$2,745
13 years$4,838$4,233$3,695$3,218$2,796$2,358
14 years$4,446$3,848$3,320$2,856$2,451$2,035
15 years$4,107$3,515$2,997$2,547$2,158$1,763
16 years$3,810$3,225$2,718$2,281$1,908$1,533
17 years$3,549$2,970$2,473$2,049$1,691$1,337
18 years$3,317$2,745$2,257$1,847$1,504$1,169
19 years$3,109$2,544$2,067$1,669$1,340$1,025
20 years$2,923$2,364$1,897$1,511$1,197$899
21 years$2,754$2,202$1,745$1,372$1,071$791
22 years$2,601$2,055$1,608$1,247$960$696
23 years$2,462$1,922$1,485$1,136$862$614
24 years$2,334$1,801$1,373$1,036$775$542
25 years$2,217$1,690$1,272$946$697$479
26 years$2,109$1,588$1,179$865$628$423
27 years$2,009$1,495$1,095$792$566$374
28 years$1,917$1,409$1,018$725$511$332
29 years$1,831$1,329$947$665$461$294
30 years$1,751$1,255$882$611$417$260
31 years$1,676$1,186$823$561$377$231
32 years$1,606$1,123$768$515$341$205
33 years$1,540$1,063$717$474$309$182
34 years$1,479$1,008$670$436$279$161
35 years$1,421$956$626$401$253$143
36 years$1,366$907$586$370$229$127
37 years$1,314$861$548$341$208$113
38 years$1,266$819$513$314$188$100
39 years$1,219$779$481$289$171$89
40 years$1,176$741$451$267$155$79
41 years$1,134$705$423$246$141$70
42 years$1,095$671$397$227$128$63
43 years$1,057$640$372$210$116$56
44 years$1,022$610$349$194$105$49
45 years$988$582$328$179$95$44
46 years$955$555$308$165$87$39
47 years$925$529$289$153$79$35
48 years$895$505$272$141$71$31
49 years$867$483$256$130$65$27
50 years$840$461$240$121$59$24

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $860,000, adding $4,369 every year, while hoping to spend $26,503 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: 73/20/7 Blend
43$860,000$860,000$860,000$860,000
44$952,227$906,647$893,317$1,020,479
45$1,021,155$922,873$895,044$1,082,291
46$1,096,225$939,007$895,940$1,146,209
47$1,178,037$955,015$895,951$1,215,462
48$1,267,248$970,862$895,017$1,290,567
49$1,364,584$986,511$893,076$1,372,097
50$1,470,842$1,001,920$890,065$1,460,680
51$1,586,902$1,017,048$885,916$1,557,009
52$1,713,729$1,031,847$880,558$1,661,847
53$1,852,390$1,046,268$873,917$1,776,034
54$2,004,055$1,060,257$865,915$1,900,497
55$2,170,016$1,073,757$856,470$2,036,257
56$2,351,694$1,086,707$845,498$2,184,438
57$2,550,654$1,099,042$832,909$2,346,278
58$2,768,618$1,110,693$818,609$2,523,143
59$3,007,486$1,121,586$802,501$2,716,538
60$3,269,347$1,131,641$784,482$2,928,119
61$3,556,503$1,140,774$764,446$3,159,714
62$3,871,490$1,148,896$742,278$3,413,335
63$4,217,101$1,155,911$717,864$3,691,201
64$4,596,412$1,161,717$691,079$3,995,757
65$5,012,812$1,166,207$661,795$4,329,695
66$5,470,032$1,169,264$629,879$4,695,986
67$5,972,185$1,170,768$595,190$5,097,902
68$6,523,801$1,170,589$557,581$5,539,048
69$7,129,868$1,168,587$516,900$6,023,400
70$7,795,885$1,164,618$472,986$6,555,335
71$8,527,906$1,158,526$425,673$7,139,683
72$9,332,605$1,150,145$374,784$7,781,763
73$10,217,330$1,139,302$320,139$8,487,439
74$11,190,180$1,125,810$261,547$9,263,172
75$12,260,078$1,109,474$198,808$10,116,085
76$13,436,853$1,090,086$131,715$11,054,027
77$14,731,336$1,067,424$60,051$12,085,649
78$16,155,459$1,041,255$0$13,220,485
79$17,722,372$1,011,332$0$14,470,271
80$19,446,559$977,393$0$15,850,227
81$21,343,984$939,161$0$17,368,645
82$23,432,233$896,342$0$19,039,614
83$25,730,685$848,627$0$20,878,656
84$28,260,693$795,688$0$22,902,880
85$31,045,784$737,177$0$25,131,142
86$34,111,883$672,728$0$27,584,218
87$37,487,556$601,953$0$30,285,009
88$41,204,281$524,442$0$33,258,749
89$45,296,740$439,762$0$36,533,252
90$49,803,153$347,456$0$40,139,165
91$54,765,634$247,041$0$44,110,266
92$60,230,589$138,006$0$48,483,781
93$66,249,153$19,813$0$53,300,732
94$72,877,675$0$0$58,606,331
95$80,178,246$0$0$64,474,194
96$88,219,287$0$0$70,942,071
97$97,076,194$0$0$78,066,254
98$106,832,050$0$0$85,913,578
99$117,578,407$0$0$94,557,694
100$129,416,151$0$0$104,079,758