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%11.4%
1 years$71,844$71,204$70,579$69,970$69,375$68,967
2 years$35,566$34,904$34,262$33,639$33,036$32,624
3 years$23,475$22,810$22,170$21,553$20,959$20,556
4 years$17,431$16,768$16,134$15,528$14,948$14,558
5 years$13,805$13,146$12,521$11,927$11,363$10,986
6 years$11,389$10,735$10,118$9,538$8,992$8,628
7 years$9,664$9,015$8,408$7,842$7,313$6,963
8 years$8,371$7,728$7,131$6,578$6,066$5,731
9 years$7,365$6,728$6,142$5,603$5,109$4,788
10 years$6,561$5,931$5,355$4,830$4,353$4,046
11 years$5,904$5,280$4,714$4,204$3,744$3,450
12 years$5,357$4,739$4,184$3,687$3,244$2,964
13 years$4,894$4,282$3,738$3,255$2,829$2,562
14 years$4,498$3,893$3,359$2,890$2,480$2,225
15 years$4,154$3,556$3,032$2,577$2,183$1,941
16 years$3,854$3,263$2,749$2,307$1,930$1,700
17 years$3,590$3,005$2,502$2,073$1,711$1,493
18 years$3,355$2,776$2,284$1,868$1,521$1,314
19 years$3,145$2,573$2,091$1,688$1,356$1,160
20 years$2,957$2,391$1,919$1,529$1,211$1,026
21 years$2,786$2,227$1,765$1,388$1,084$909
22 years$2,632$2,079$1,627$1,262$972$806
23 years$2,491$1,945$1,502$1,149$872$716
24 years$2,362$1,822$1,389$1,048$784$637
25 years$2,243$1,710$1,286$957$705$567
26 years$2,134$1,607$1,193$875$635$505
27 years$2,033$1,512$1,108$801$573$451
28 years$1,939$1,425$1,030$734$517$402
29 years$1,852$1,344$958$673$467$359
30 years$1,771$1,270$893$618$422$321
31 years$1,695$1,200$832$567$381$287
32 years$1,624$1,136$777$521$345$257
33 years$1,558$1,075$725$479$312$230
34 years$1,496$1,019$677$441$283$205
35 years$1,437$967$633$406$256$184
36 years$1,382$918$593$374$232$165
37 years$1,330$872$555$345$210$148
38 years$1,280$828$519$318$191$132
39 years$1,234$788$487$293$173$118
40 years$1,189$749$456$270$157$106
41 years$1,147$713$428$249$142$95
42 years$1,108$679$401$230$129$85
43 years$1,070$647$376$212$117$77
44 years$1,034$617$353$196$106$69
45 years$999$588$332$181$97$62
46 years$967$561$312$167$88$55
47 years$935$536$293$154$80$50
48 years$905$511$275$143$72$44
49 years$877$488$259$132$66$40
50 years$849$466$243$122$60$36

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $870,000, adding $3,074 every year, while hoping to spend $31,984 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: 53/28/19 Blend
43$870,000$870,000$870,000$870,000
44$961,911$915,801$902,316$1,007,751
45$1,025,995$926,644$898,513$1,050,376
46$1,095,544$936,947$893,510$1,093,120
47$1,171,081$946,649$887,234$1,138,938
48$1,253,182$955,686$879,608$1,188,131
49$1,342,481$963,989$870,549$1,241,034
50$1,439,675$971,486$859,973$1,298,017
51$1,545,531$978,098$847,792$1,359,486
52$1,660,893$983,742$833,911$1,425,892
53$1,786,691$988,332$818,233$1,497,733
54$1,923,945$991,772$800,656$1,575,559
55$2,073,783$993,964$781,073$1,659,977
56$2,237,442$994,802$759,372$1,751,657
57$2,416,287$994,173$735,437$1,851,340
58$2,611,818$991,957$709,144$1,959,844
59$2,825,690$988,029$680,367$2,078,072
60$3,059,721$982,254$648,970$2,207,021
61$3,315,917$974,489$614,815$2,347,794
62$3,596,484$964,582$577,754$2,501,605
63$3,903,853$952,374$537,637$2,669,798
64$4,240,700$937,694$494,301$2,853,855
65$4,609,973$920,363$447,582$3,055,411
66$5,014,918$900,189$397,304$3,276,273
67$5,459,112$876,970$343,286$3,518,434
68$5,946,493$850,493$285,338$3,784,095
69$6,481,399$820,531$223,260$4,075,684
70$7,068,609$786,844$156,847$4,395,882
71$7,713,386$749,179$85,881$4,747,645
72$8,421,531$707,268$10,136$5,134,238
73$9,199,429$660,826$0$5,559,261
74$10,054,118$609,554$0$6,041,022
75$10,993,350$553,135$0$6,572,697
76$12,025,667$491,232$0$7,157,117
77$13,160,475$423,494$0$7,799,675
78$14,408,142$349,543$0$8,506,313
79$15,780,089$268,987$0$9,283,586
80$17,288,896$181,406$0$10,138,720
81$18,948,428$86,359$0$11,079,681
82$20,773,958$0$0$12,115,254
83$22,782,316$0$0$13,260,242
84$24,992,042$0$0$14,549,406
85$27,423,567$0$0$15,968,068
86$30,099,401$0$0$17,529,374
87$33,044,348$0$0$19,247,809
88$36,285,735$0$0$21,139,333
89$39,853,676$0$0$23,221,533
90$43,781,351$0$0$25,513,785
91$48,105,320$0$0$28,037,443
92$52,865,870$0$0$30,816,033
93$58,107,392$0$0$33,875,480
94$63,878,798$0$0$37,244,352
95$70,233,988$0$0$40,954,126
96$77,232,353$0$0$45,039,489
97$84,939,338$0$0$49,538,663
98$93,427,058$0$0$54,493,764
99$102,774,979$0$0$59,951,203
100$113,070,666$0$0$65,962,122