Can I retire at age 44 with 870,000?

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 $870,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$71,844$71,204$70,579$69,970$69,375$67,725
2 years$35,566$34,904$34,262$33,639$33,036$31,383
3 years$23,475$22,810$22,170$21,553$20,959$19,356
4 years$17,431$16,768$16,134$15,528$14,948$13,406
5 years$13,805$13,146$12,521$11,927$11,363$9,887
6 years$11,389$10,735$10,118$9,538$8,992$7,582
7 years$9,664$9,015$8,408$7,842$7,313$5,970
8 years$8,371$7,728$7,131$6,578$6,066$4,791
9 years$7,365$6,728$6,142$5,603$5,109$3,899
10 years$6,561$5,931$5,355$4,830$4,353$3,208
11 years$5,904$5,280$4,714$4,204$3,744$2,661
12 years$5,357$4,739$4,184$3,687$3,244$2,223
13 years$4,894$4,282$3,738$3,255$2,829$1,866
14 years$4,498$3,893$3,359$2,890$2,480$1,574
15 years$4,154$3,556$3,032$2,577$2,183$1,333
16 years$3,854$3,263$2,749$2,307$1,930$1,132
17 years$3,590$3,005$2,502$2,073$1,711$963
18 years$3,355$2,776$2,284$1,868$1,521$822
19 years$3,145$2,573$2,091$1,688$1,356$702
20 years$2,957$2,391$1,919$1,529$1,211$601
21 years$2,786$2,227$1,765$1,388$1,084$515
22 years$2,632$2,079$1,627$1,262$972$442
23 years$2,491$1,945$1,502$1,149$872$380
24 years$2,362$1,822$1,389$1,048$784$326
25 years$2,243$1,710$1,286$957$705$280
26 years$2,134$1,607$1,193$875$635$241
27 years$2,033$1,512$1,108$801$573$208
28 years$1,939$1,425$1,030$734$517$179
29 years$1,852$1,344$958$673$467$154
30 years$1,771$1,270$893$618$422$133
31 years$1,695$1,200$832$567$381$115
32 years$1,624$1,136$777$521$345$99
33 years$1,558$1,075$725$479$312$85
34 years$1,496$1,019$677$441$283$74
35 years$1,437$967$633$406$256$63
36 years$1,382$918$593$374$232$55
37 years$1,330$872$555$345$210$47
38 years$1,280$828$519$318$191$41
39 years$1,234$788$487$293$173$35
40 years$1,189$749$456$270$157$30
41 years$1,147$713$428$249$142$26
42 years$1,108$679$401$230$129$23
43 years$1,070$647$376$212$117$20
44 years$1,034$617$353$196$106$17
45 years$999$588$332$181$97$15
46 years$967$561$312$167$88$13
47 years$935$536$293$154$80$11
48 years$905$511$275$143$72$9
49 years$877$488$259$132$66$8
50 years$849$466$243$122$60$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $870,000, adding $6,239 every year, while hoping to spend $31,798 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: 43/45/12 Blend
43$870,000$870,000$870,000$870,000
44$965,176$919,066$905,581$1,003,063
45$1,029,791$930,267$902,085$1,041,352
46$1,099,931$940,951$897,406$1,079,126
47$1,176,126$951,060$891,471$1,119,344
48$1,258,959$960,530$884,204$1,162,244
49$1,349,071$969,295$875,523$1,208,087
50$1,447,168$977,282$865,345$1,257,164
51$1,554,027$984,417$853,582$1,309,796
52$1,670,502$990,617$840,141$1,366,339
53$1,797,533$995,797$824,925$1,427,184
54$1,936,155$999,865$807,834$1,492,768
55$2,087,508$1,002,723$788,761$1,563,570
56$2,252,845$1,004,268$767,597$1,640,123
57$2,433,548$1,004,390$744,224$1,723,015
58$2,631,137$1,002,972$718,522$1,812,895
59$2,847,284$999,889$690,364$1,910,483
60$3,083,833$995,010$659,617$2,016,573
61$3,342,813$988,195$626,144$2,132,043
62$3,626,459$979,295$589,798$2,257,865
63$3,937,231$968,154$550,430$2,395,112
64$4,277,840$954,604$507,880$2,544,970
65$4,651,269$938,469$461,983$2,708,749
66$5,060,806$919,562$412,567$2,887,897
67$5,510,072$897,684$359,452$3,084,015
68$6,003,055$872,626$302,449$3,298,869
69$6,544,147$844,165$241,362$3,534,411
70$7,138,186$812,066$175,984$3,792,800
71$7,790,504$776,080$106,102$4,076,415
72$8,506,972$735,944$31,493$4,387,888
73$9,294,056$691,379$0$4,730,122
74$10,158,884$642,090$0$5,112,489
75$11,109,304$587,767$0$5,537,070
76$12,153,966$528,080$0$6,003,772
77$13,302,395$462,680$0$6,516,944
78$14,565,088$391,201$0$7,081,386
79$15,953,611$313,253$0$7,702,396
80$17,480,704$228,427$0$8,385,817
81$19,160,405$136,289$0$9,138,095
82$21,008,180$36,381$0$9,966,345
83$23,041,071$0$0$10,878,412
84$25,277,854$0$0$11,918,496
85$27,739,216$0$0$13,082,957
86$30,447,952$0$0$14,364,580
87$33,429,178$0$0$15,775,265
88$36,710,569$0$0$17,328,122
89$40,322,618$0$0$19,037,599
90$44,298,924$0$0$20,919,617
91$48,676,510$0$0$22,991,716
92$53,496,172$0$0$25,273,226
93$58,802,861$0$0$27,785,444
94$64,646,110$0$0$30,551,842
95$71,080,499$0$0$33,598,278
96$78,166,170$0$0$36,953,251
97$85,969,398$0$0$40,648,161
98$94,563,208$0$0$44,717,611
99$104,028,072$0$0$49,199,730
100$114,452,664$0$0$54,136,535