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%11.6%
1 years$75,147$74,478$73,825$73,187$72,565$72,077
2 years$37,201$36,509$35,837$35,186$34,555$34,063
3 years$24,555$23,859$23,189$22,544$21,923$21,442
4 years$18,232$17,539$16,876$16,242$15,636$15,170
5 years$14,440$13,751$13,096$12,475$11,886$11,436
6 years$11,913$11,228$10,584$9,977$9,405$8,972
7 years$10,108$9,430$8,795$8,202$7,649$7,233
8 years$8,755$8,083$7,459$6,881$6,345$5,946
9 years$7,704$7,038$6,424$5,861$5,344$4,961
10 years$6,863$6,203$5,601$5,052$4,553$4,187
11 years$6,175$5,522$4,931$4,397$3,916$3,566
12 years$5,603$4,957$4,376$3,857$3,393$3,060
13 years$5,119$4,479$3,910$3,405$2,959$2,642
14 years$4,704$4,072$3,513$3,022$2,594$2,292
15 years$4,345$3,719$3,172$2,695$2,284$1,997
16 years$4,032$3,413$2,876$2,413$2,019$1,746
17 years$3,755$3,143$2,617$2,168$1,790$1,531
18 years$3,510$2,904$2,389$1,954$1,591$1,346
19 years$3,290$2,692$2,187$1,766$1,418$1,186
20 years$3,093$2,501$2,007$1,599$1,267$1,048
21 years$2,915$2,330$1,846$1,451$1,134$927
22 years$2,753$2,175$1,701$1,320$1,016$821
23 years$2,605$2,034$1,571$1,202$912$728
24 years$2,470$1,906$1,453$1,096$820$647
25 years$2,346$1,788$1,346$1,001$738$575
26 years$2,232$1,681$1,248$915$665$511
27 years$2,126$1,582$1,159$838$599$455
28 years$2,028$1,491$1,077$768$541$406
29 years$1,937$1,406$1,003$704$488$362
30 years$1,852$1,328$934$646$441$323
31 years$1,773$1,255$871$593$399$288
32 years$1,699$1,188$812$545$361$257
33 years$1,630$1,125$758$501$326$230
34 years$1,564$1,066$709$461$296$205
35 years$1,503$1,011$662$425$268$183
36 years$1,445$960$620$391$243$164
37 years$1,391$912$580$360$220$147
38 years$1,339$866$543$332$199$131
39 years$1,290$824$509$306$181$117
40 years$1,244$784$477$283$164$105
41 years$1,200$746$447$261$149$94
42 years$1,159$711$420$241$135$84
43 years$1,119$677$394$222$122$75
44 years$1,081$645$370$205$111$67
45 years$1,045$615$347$189$101$60
46 years$1,011$587$326$175$92$54
47 years$978$560$306$162$83$48
48 years$947$535$288$149$76$43
49 years$917$511$270$138$69$39
50 years$888$488$254$128$62$35

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $910,000, adding $4,090 every year, while hoping to spend $25,344 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: 54/20/26 Blend
43$910,000$910,000$910,000$910,000
44$1,007,039$958,809$944,704$1,053,968
45$1,082,791$978,825$949,386$1,106,798
46$1,165,420$998,972$953,375$1,161,331
47$1,255,602$1,019,230$956,621$1,220,183
48$1,354,078$1,039,577$959,073$1,283,778
49$1,461,667$1,059,989$960,675$1,352,584
50$1,579,267$1,080,439$961,368$1,427,113
51$1,707,872$1,100,900$961,093$1,507,935
52$1,848,571$1,121,340$959,785$1,595,674
53$2,002,565$1,141,726$957,379$1,691,021
54$2,171,179$1,162,022$953,803$1,794,737
55$2,355,868$1,182,190$948,984$1,907,661
56$2,558,237$1,202,188$942,846$2,030,718
57$2,780,053$1,221,972$935,307$2,164,929
58$3,023,262$1,241,492$926,283$2,311,419
59$3,290,007$1,260,697$915,686$2,471,429
60$3,582,649$1,279,532$903,422$2,646,327
61$3,903,788$1,297,938$889,395$2,837,622
62$4,256,287$1,315,850$873,503$3,046,978
63$4,643,303$1,333,201$855,640$3,276,229
64$5,068,309$1,349,917$835,693$3,527,398
65$5,535,135$1,365,921$813,548$3,802,717
66$6,047,998$1,381,130$789,080$4,104,644
67$6,611,543$1,395,455$762,164$4,435,891
68$7,230,890$1,408,802$732,666$4,799,449
69$7,911,676$1,421,069$700,446$5,198,615
70$8,660,115$1,432,149$665,359$5,637,023
71$9,483,050$1,441,928$627,251$6,118,683
72$10,388,021$1,450,283$585,965$6,648,012
73$11,383,338$1,457,085$541,333$7,229,884
74$12,478,153$1,462,196$493,182$7,869,669
75$13,682,550$1,465,470$441,329$8,573,289
76$15,007,643$1,466,750$385,586$9,347,273
77$16,465,673$1,465,872$325,754$10,198,819
78$18,070,130$1,462,658$261,626$11,135,863
79$19,835,879$1,456,924$192,986$12,167,151
80$21,779,296$1,448,470$119,608$13,302,328
81$23,918,426$1,437,087$41,257$14,552,024
82$26,273,153$1,422,552$0$15,927,961
83$28,865,386$1,404,629$0$17,454,807
84$31,719,267$1,383,067$0$19,148,032
85$34,861,396$1,357,601$0$21,011,952
86$38,321,086$1,327,951$0$23,063,951
87$42,130,634$1,293,819$0$25,323,185
88$46,325,632$1,254,889$0$27,810,767
89$50,945,296$1,210,828$0$30,549,963
90$56,032,841$1,161,283$0$33,566,417
91$61,635,886$1,105,881$0$36,888,384
92$67,806,904$1,044,227$0$40,547,008
93$74,603,717$975,903$0$44,576,609
94$82,090,041$900,466$0$49,015,010
95$90,336,087$817,451$0$53,903,893
96$99,419,225$726,364$0$59,289,195
97$109,424,712$626,682$0$65,221,541
98$120,446,498$517,854$0$71,756,722
99$132,588,110$399,299$0$78,956,222
100$145,963,633$270,400$0$86,887,801