Can I retire at age 44 with 900,000?

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 $900,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.4%
1 years$74,321$73,659$73,013$72,383$71,767$70,753
2 years$36,793$36,107$35,443$34,799$34,175$33,155
3 years$24,285$23,597$22,934$22,296$21,682$20,688
4 years$18,032$17,346$16,690$16,063$15,464$14,504
5 years$14,281$13,599$12,952$12,338$11,755$10,832
6 years$11,782$11,105$10,467$9,867$9,302$8,416
7 years$9,997$9,326$8,698$8,112$7,565$6,717
8 years$8,659$7,994$7,377$6,805$6,276$5,466
9 years$7,619$6,960$6,354$5,796$5,285$4,512
10 years$6,787$6,135$5,539$4,997$4,503$3,767
11 years$6,108$5,462$4,877$4,348$3,873$3,173
12 years$5,541$4,902$4,328$3,814$3,356$2,692
13 years$5,063$4,430$3,867$3,367$2,927$2,297
14 years$4,653$4,027$3,474$2,989$2,565$1,969
15 years$4,298$3,679$3,137$2,666$2,259$1,695
16 years$3,987$3,375$2,844$2,387$1,996$1,463
17 years$3,714$3,108$2,588$2,145$1,770$1,267
18 years$3,471$2,872$2,362$1,933$1,574$1,100
19 years$3,254$2,662$2,163$1,746$1,403$957
20 years$3,059$2,474$1,985$1,582$1,253$834
21 years$2,883$2,304$1,826$1,436$1,121$728
22 years$2,722$2,151$1,683$1,305$1,005$636
23 years$2,577$2,012$1,554$1,189$902$557
24 years$2,443$1,885$1,437$1,084$811$487
25 years$2,320$1,769$1,331$990$730$427
26 years$2,207$1,662$1,234$905$657$375
27 years$2,103$1,564$1,146$829$593$329
28 years$2,006$1,474$1,065$759$535$289
29 years$1,916$1,391$991$696$483$254
30 years$1,832$1,313$924$639$436$223
31 years$1,754$1,242$861$587$394$196
32 years$1,680$1,175$803$539$357$173
33 years$1,612$1,113$750$496$323$152
34 years$1,547$1,054$701$456$292$134
35 years$1,487$1,000$655$420$265$118
36 years$1,429$949$613$387$240$104
37 years$1,375$902$574$356$217$91
38 years$1,324$857$537$329$197$80
39 years$1,276$815$503$303$179$71
40 years$1,230$775$472$279$162$62
41 years$1,187$738$442$258$147$55
42 years$1,146$703$415$238$133$48
43 years$1,107$670$389$220$121$43
44 years$1,069$638$366$203$110$38
45 years$1,034$609$343$187$100$33
46 years$1,000$581$322$173$91$29
47 years$968$554$303$160$82$26
48 years$937$529$285$148$75$23
49 years$907$505$267$136$68$20
50 years$879$482$251$126$62$18

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $900,000, adding $6,379 every year, while hoping to spend $49,120 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: 75/11/14 Blend
43$900,000$900,000$900,000$900,000
44$998,380$950,680$936,730$1,069,826
45$1,047,951$945,000$915,847$1,112,214
46$1,100,933$937,395$892,618$1,151,907
47$1,157,620$927,720$866,913$1,194,071
48$1,218,338$915,819$838,596$1,238,935
49$1,283,442$901,528$807,522$1,286,755
50$1,353,324$884,673$773,544$1,337,812
51$1,428,410$865,069$736,506$1,392,417
52$1,509,173$842,522$696,243$1,450,911
53$1,596,127$816,825$652,587$1,513,675
54$1,689,842$787,759$605,357$1,581,125
55$1,790,938$755,092$554,370$1,653,723
56$1,900,102$718,579$499,429$1,731,978
57$2,018,085$677,962$440,332$1,816,454
58$2,145,713$632,966$376,867$1,907,771
59$2,283,896$583,301$308,812$2,006,614
60$2,433,632$528,661$235,936$2,113,742
61$2,596,019$468,723$157,997$2,229,989
62$2,772,266$403,143$74,743$2,356,278
63$2,963,701$331,561$0$2,493,627
64$3,171,786$253,594$0$2,645,268
65$3,398,127$168,840$0$2,822,387
66$3,644,493$76,870$0$3,015,219
67$3,912,832$0$0$3,225,320
68$4,205,284$0$0$3,457,162
69$4,524,206$0$0$3,720,168
70$4,872,193$0$0$4,007,178
71$5,252,100$0$0$4,320,551
72$5,667,070$0$0$4,662,884
73$6,120,563$0$0$5,037,037
74$6,616,390$0$0$5,446,157
75$7,158,744$0$0$5,893,710
76$7,752,244$0$0$6,383,514
77$8,401,975$0$0$6,919,769
78$9,113,537$0$0$7,507,105
79$9,893,098$0$0$8,150,617
80$10,747,448$0$0$8,855,917
81$11,684,066$0$0$9,629,187
82$12,711,193$0$0$10,477,234
83$13,837,899$0$0$11,407,557
84$15,074,180$0$0$12,428,415
85$16,431,043$0$0$13,548,905
86$17,920,614$0$0$14,779,048
87$19,556,249$0$0$16,129,882
88$21,352,663$0$0$17,613,567
89$23,326,064$0$0$19,243,499
90$25,494,309$0$0$21,034,435
91$27,877,067$0$0$23,002,631
92$30,496,010$0$0$25,165,998
93$33,375,012$0$0$27,544,267
94$36,540,379$0$0$30,159,176
95$40,021,087$0$0$33,034,676
96$43,849,066$0$0$36,197,154
97$48,059,492$0$0$39,675,683
98$52,691,124$0$0$43,502,293
99$57,786,662$0$0$47,712,278
100$63,393,159$0$0$52,344,523