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%11.6%
1 years$74,321$73,659$73,013$72,383$71,767$71,285
2 years$36,793$36,107$35,443$34,799$34,175$33,689
3 years$24,285$23,597$22,934$22,296$21,682$21,207
4 years$18,032$17,346$16,690$16,063$15,464$15,003
5 years$14,281$13,599$12,952$12,338$11,755$11,311
6 years$11,782$11,105$10,467$9,867$9,302$8,873
7 years$9,997$9,326$8,698$8,112$7,565$7,153
8 years$8,659$7,994$7,377$6,805$6,276$5,881
9 years$7,619$6,960$6,354$5,796$5,285$4,907
10 years$6,787$6,135$5,539$4,997$4,503$4,141
11 years$6,108$5,462$4,877$4,348$3,873$3,527
12 years$5,541$4,902$4,328$3,814$3,356$3,026
13 years$5,063$4,430$3,867$3,367$2,927$2,613
14 years$4,653$4,027$3,474$2,989$2,565$2,267
15 years$4,298$3,679$3,137$2,666$2,259$1,975
16 years$3,987$3,375$2,844$2,387$1,996$1,727
17 years$3,714$3,108$2,588$2,145$1,770$1,514
18 years$3,471$2,872$2,362$1,933$1,574$1,332
19 years$3,254$2,662$2,163$1,746$1,403$1,173
20 years$3,059$2,474$1,985$1,582$1,253$1,036
21 years$2,883$2,304$1,826$1,436$1,121$917
22 years$2,722$2,151$1,683$1,305$1,005$812
23 years$2,577$2,012$1,554$1,189$902$720
24 years$2,443$1,885$1,437$1,084$811$640
25 years$2,320$1,769$1,331$990$730$568
26 years$2,207$1,662$1,234$905$657$506
27 years$2,103$1,564$1,146$829$593$450
28 years$2,006$1,474$1,065$759$535$401
29 years$1,916$1,391$991$696$483$358
30 years$1,832$1,313$924$639$436$319
31 years$1,754$1,242$861$587$394$285
32 years$1,680$1,175$803$539$357$254
33 years$1,612$1,113$750$496$323$227
34 years$1,547$1,054$701$456$292$203
35 years$1,487$1,000$655$420$265$181
36 years$1,429$949$613$387$240$162
37 years$1,375$902$574$356$217$145
38 years$1,324$857$537$329$197$130
39 years$1,276$815$503$303$179$116
40 years$1,230$775$472$279$162$104
41 years$1,187$738$442$258$147$93
42 years$1,146$703$415$238$133$83
43 years$1,107$670$389$220$121$74
44 years$1,069$638$366$203$110$67
45 years$1,034$609$343$187$100$60
46 years$1,000$581$322$173$91$53
47 years$968$554$303$160$82$48
48 years$937$529$285$148$75$43
49 years$907$505$267$136$68$38
50 years$879$482$251$126$62$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $900,000, adding $3,945 every year, while hoping to spend $26,378 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: 38/33/29 Blend
43$900,000$900,000$900,000$900,000
44$995,869$948,169$934,219$1,024,994
45$1,069,382$966,564$937,450$1,065,192
46$1,149,509$984,975$939,904$1,105,912
47$1,236,897$1,003,377$941,529$1,149,423
48$1,332,258$1,021,740$942,267$1,195,995
49$1,436,375$1,040,032$942,061$1,245,928
50$1,550,111$1,058,220$940,846$1,299,553
51$1,674,417$1,076,266$938,558$1,357,235
52$1,810,336$1,094,132$935,129$1,419,378
53$1,959,021$1,111,775$930,486$1,486,429
54$2,121,738$1,129,150$924,555$1,558,878
55$2,299,884$1,146,207$917,256$1,637,272
56$2,494,996$1,162,894$908,507$1,722,209
57$2,708,765$1,179,156$898,222$1,814,354
58$2,943,056$1,194,932$886,309$1,914,439
59$3,199,922$1,210,157$872,675$2,023,274
60$3,481,623$1,224,764$857,218$2,141,751
61$3,790,650$1,238,679$839,837$2,270,858
62$4,129,746$1,251,823$820,420$2,411,682
63$4,501,931$1,264,114$798,856$2,565,427
64$4,910,534$1,275,462$775,024$2,733,419
65$5,359,221$1,285,772$748,800$2,917,124
66$5,852,031$1,294,944$720,053$3,118,158
67$6,393,411$1,302,869$688,648$3,338,307
68$6,988,263$1,309,434$654,442$3,579,540
69$7,641,986$1,314,516$617,286$3,844,033
70$8,360,527$1,317,986$577,024$4,134,184
71$9,150,440$1,319,706$533,493$4,452,640
72$10,018,944$1,319,531$486,524$4,802,325
73$10,973,993$1,317,305$435,939$5,186,462
74$12,024,349$1,312,862$381,553$5,608,607
75$13,179,670$1,306,029$323,171$6,072,686
76$14,450,591$1,296,619$260,592$6,583,029
77$15,848,834$1,284,436$193,605$7,144,412
78$17,387,312$1,269,271$121,988$7,762,105
79$19,080,255$1,250,903$45,512$8,441,921
80$20,943,341$1,229,096$0$9,190,273
81$22,993,843$1,203,604$0$10,025,404
82$25,250,797$1,174,162$0$10,959,699
83$27,735,175$1,140,493$0$11,987,747
84$30,470,087$1,102,301$0$13,119,122
85$33,480,996$1,059,274$0$14,364,379
86$36,795,961$1,011,082$0$15,735,153
87$40,445,899$957,375$0$17,244,268
88$44,464,879$897,784$0$18,905,863
89$48,890,440$831,919$0$20,735,522
90$53,763,948$759,366$0$22,750,423
91$59,130,984$679,688$0$24,969,502
92$65,041,776$592,424$0$27,413,631
93$71,551,670$497,087$0$30,105,819
94$78,721,656$393,160$0$33,071,425
95$86,618,940$280,100$0$36,338,404
96$95,317,579$157,331$0$39,937,567
97$104,899,179$24,248$0$43,902,878
98$115,453,668$0$0$48,271,771
99$127,080,139$0$0$53,129,008
100$139,887,792$0$0$58,489,598