Can I retire at age 44 with 910,000?

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 $910,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.5%
1 years$75,147$74,478$73,825$73,187$72,565$69,796
2 years$37,201$36,509$35,837$35,186$34,555$31,798
3 years$24,555$23,859$23,189$22,544$21,923$19,265
4 years$18,232$17,539$16,876$16,242$15,636$13,096
5 years$14,440$13,751$13,096$12,475$11,886$9,472
6 years$11,913$11,228$10,584$9,977$9,405$7,118
7 years$10,108$9,430$8,795$8,202$7,649$5,488
8 years$8,755$8,083$7,459$6,881$6,345$4,309
9 years$7,704$7,038$6,424$5,861$5,344$3,429
10 years$6,863$6,203$5,601$5,052$4,553$2,756
11 years$6,175$5,522$4,931$4,397$3,916$2,232
12 years$5,603$4,957$4,376$3,857$3,393$1,819
13 years$5,119$4,479$3,910$3,405$2,959$1,490
14 years$4,704$4,072$3,513$3,022$2,594$1,225
15 years$4,345$3,719$3,172$2,695$2,284$1,010
16 years$4,032$3,413$2,876$2,413$2,019$835
17 years$3,755$3,143$2,617$2,168$1,790$692
18 years$3,510$2,904$2,389$1,954$1,591$574
19 years$3,290$2,692$2,187$1,766$1,418$477
20 years$3,093$2,501$2,007$1,599$1,267$397
21 years$2,915$2,330$1,846$1,451$1,134$331
22 years$2,753$2,175$1,701$1,320$1,016$276
23 years$2,605$2,034$1,571$1,202$912$230
24 years$2,470$1,906$1,453$1,096$820$192
25 years$2,346$1,788$1,346$1,001$738$160
26 years$2,232$1,681$1,248$915$665$134
27 years$2,126$1,582$1,159$838$599$112
28 years$2,028$1,491$1,077$768$541$93
29 years$1,937$1,406$1,003$704$488$78
30 years$1,852$1,328$934$646$441$65
31 years$1,773$1,255$871$593$399$55
32 years$1,699$1,188$812$545$361$46
33 years$1,630$1,125$758$501$326$38
34 years$1,564$1,066$709$461$296$32
35 years$1,503$1,011$662$425$268$27
36 years$1,445$960$620$391$243$22
37 years$1,391$912$580$360$220$19
38 years$1,339$866$543$332$199$16
39 years$1,290$824$509$306$181$13
40 years$1,244$784$477$283$164$11
41 years$1,200$746$447$261$149$9
42 years$1,159$711$420$241$135$8
43 years$1,119$677$394$222$122$6
44 years$1,081$645$370$205$111$5
45 years$1,045$615$347$189$101$4
46 years$1,011$587$326$175$92$4
47 years$978$560$306$162$83$3
48 years$947$535$288$149$76$3
49 years$917$511$270$138$69$2
50 years$888$488$254$128$62$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $910,000, adding $5,659 every year, while hoping to spend $44,458 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: 53/17/30 Blend
43$910,000$910,000$910,000$910,000
44$1,008,657$960,427$946,322$1,053,374
45$1,064,237$960,185$930,721$1,084,805
46$1,123,997$958,441$913,107$1,114,044
47$1,188,314$955,075$893,366$1,144,999
48$1,257,607$949,958$871,379$1,177,856
49$1,332,332$942,955$847,019$1,212,817
50$1,412,992$933,923$820,157$1,250,110
51$1,500,140$922,707$790,654$1,289,988
52$1,594,382$909,148$758,369$1,332,733
53$1,696,385$893,072$723,151$1,378,657
54$1,806,883$874,299$684,843$1,428,107
55$1,926,682$852,637$643,282$1,481,471
56$2,056,669$827,881$598,297$1,539,176
57$2,197,818$799,817$549,709$1,601,698
58$2,351,203$768,215$497,332$1,669,565
59$2,518,003$732,835$440,970$1,743,364
60$2,699,516$693,421$380,419$1,823,743
61$2,897,172$649,703$315,468$1,911,423
62$3,112,540$601,395$245,893$2,007,202
63$3,347,352$548,196$171,463$2,111,965
64$3,603,510$489,786$91,936$2,226,691
65$3,883,111$425,828$7,058$2,352,467
66$4,188,460$355,966$0$2,490,495
67$4,522,096$279,822$0$2,668,839
68$4,886,816$196,999$0$2,866,387
69$5,285,696$107,077$0$3,082,599
70$5,722,126$9,613$0$3,319,374
71$6,199,836$0$0$3,578,807
72$6,722,935$0$0$3,881,142
73$7,295,948$0$0$4,214,384
74$7,923,857$0$0$4,579,643
75$8,612,150$0$0$4,980,124
76$9,366,870$0$0$5,419,355
77$10,194,675$0$0$5,901,222
78$11,102,897$0$0$6,430,005
79$12,099,610$0$0$7,010,421
80$13,193,711$0$0$7,647,663
81$14,394,999$0$0$8,347,452
82$15,714,267$0$0$9,116,091
83$17,163,406$0$0$9,960,522
84$18,755,515$0$0$10,888,396
85$20,505,025$0$0$11,908,137
86$22,427,833$0$0$13,029,029
87$24,541,454$0$0$14,261,300
88$26,865,181$0$0$15,616,217
89$29,420,275$0$0$17,106,193
90$32,230,156$0$0$18,744,906
91$35,320,629$0$0$20,547,425
92$38,720,125$0$0$22,530,353
93$42,459,968$0$0$24,711,984
94$46,574,672$0$0$27,112,471
95$51,102,265$0$0$29,754,025
96$56,084,648$0$0$32,661,113
97$61,567,987$0$0$35,860,698
98$67,603,152$0$0$39,382,487
99$74,246,194$0$0$43,259,215
100$81,558,872$0$0$47,526,950