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%15.4%
1 years$75,147$74,478$73,825$73,187$72,565$70,955
2 years$37,201$36,509$35,837$35,186$34,555$32,941
3 years$24,555$23,859$23,189$22,544$21,923$20,356
4 years$18,232$17,539$16,876$16,242$15,636$14,127
5 years$14,440$13,751$13,096$12,475$11,886$10,441
6 years$11,913$11,228$10,584$9,977$9,405$8,024
7 years$10,108$9,430$8,795$8,202$7,649$6,333
8 years$8,755$8,083$7,459$6,881$6,345$5,094
9 years$7,704$7,038$6,424$5,861$5,344$4,155
10 years$6,863$6,203$5,601$5,052$4,553$3,427
11 years$6,175$5,522$4,931$4,397$3,916$2,850
12 years$5,603$4,957$4,376$3,857$3,393$2,387
13 years$5,119$4,479$3,910$3,405$2,959$2,010
14 years$4,704$4,072$3,513$3,022$2,594$1,700
15 years$4,345$3,719$3,172$2,695$2,284$1,443
16 years$4,032$3,413$2,876$2,413$2,019$1,229
17 years$3,755$3,143$2,617$2,168$1,790$1,049
18 years$3,510$2,904$2,389$1,954$1,591$898
19 years$3,290$2,692$2,187$1,766$1,418$769
20 years$3,093$2,501$2,007$1,599$1,267$661
21 years$2,915$2,330$1,846$1,451$1,134$568
22 years$2,753$2,175$1,701$1,320$1,016$489
23 years$2,605$2,034$1,571$1,202$912$421
24 years$2,470$1,906$1,453$1,096$820$363
25 years$2,346$1,788$1,346$1,001$738$313
26 years$2,232$1,681$1,248$915$665$270
27 years$2,126$1,582$1,159$838$599$233
28 years$2,028$1,491$1,077$768$541$202
29 years$1,937$1,406$1,003$704$488$174
30 years$1,852$1,328$934$646$441$151
31 years$1,773$1,255$871$593$399$130
32 years$1,699$1,188$812$545$361$113
33 years$1,630$1,125$758$501$326$98
34 years$1,564$1,066$709$461$296$84
35 years$1,503$1,011$662$425$268$73
36 years$1,445$960$620$391$243$63
37 years$1,391$912$580$360$220$55
38 years$1,339$866$543$332$199$47
39 years$1,290$824$509$306$181$41
40 years$1,244$784$477$283$164$36
41 years$1,200$746$447$261$149$31
42 years$1,159$711$420$241$135$27
43 years$1,119$677$394$222$122$23
44 years$1,081$645$370$205$111$20
45 years$1,045$615$347$189$101$17
46 years$1,011$587$326$175$92$15
47 years$978$560$306$162$83$13
48 years$947$535$288$149$76$11
49 years$917$511$270$138$69$10
50 years$888$488$254$128$62$8

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $910,000, adding $6,123 every year, while hoping to spend $55,702 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: 63/17/20 Blend
43$910,000$910,000$910,000$910,000
44$1,009,136$960,906$946,801$1,067,164
45$1,052,801$948,724$919,252$1,094,812
46$1,099,054$934,078$888,914$1,118,189
47$1,148,098$916,789$855,633$1,142,429
48$1,200,158$896,666$819,252$1,167,621
49$1,255,480$873,508$779,602$1,193,866
50$1,314,331$847,102$736,511$1,221,276
51$1,377,005$817,222$689,796$1,249,976
52$1,443,823$783,629$639,268$1,280,109
53$1,515,137$746,071$584,727$1,311,831
54$1,591,332$704,280$525,966$1,345,322
55$1,672,831$657,973$462,770$1,380,779
56$1,760,098$606,851$394,910$1,418,423
57$1,853,639$550,598$322,151$1,458,502
58$1,954,013$488,880$244,246$1,501,294
59$2,061,831$421,344$160,937$1,547,105
60$2,177,765$347,617$71,955$1,596,282
61$2,302,552$267,305$0$1,649,207
62$2,437,000$179,991$0$1,711,216
63$2,581,999$85,235$0$1,794,582
64$2,738,525$0$0$1,884,528
65$2,907,651$0$0$1,984,972
66$3,090,557$0$0$2,110,895
67$3,288,539$0$0$2,247,251
68$3,503,021$0$0$2,395,028
69$3,735,570$0$0$2,555,313
70$3,987,910$0$0$2,729,301
71$4,261,934$0$0$2,918,306
72$4,559,728$0$0$3,123,773
73$4,883,583$0$0$3,347,295
74$5,236,023$0$0$3,590,619
75$5,619,822$0$0$3,855,673
76$6,038,036$0$0$4,144,574
77$6,494,024$0$0$4,459,656
78$6,991,487$0$0$4,803,485
79$7,534,495$0$0$5,178,885
80$8,127,532$0$0$5,588,969
81$8,775,531$0$0$6,037,158
82$9,483,924$0$0$6,527,224
83$10,258,691$0$0$7,063,315
84$11,106,418$0$0$7,650,004
85$12,034,355$0$0$8,292,320
86$13,050,487$0$0$8,995,806
87$14,163,607$0$0$9,766,565
88$15,383,396$0$0$10,611,316
89$16,720,520$0$0$11,537,462
90$18,186,723$0$0$12,553,154
91$19,794,941$0$0$13,667,371
92$21,559,422$0$0$14,890,002
93$23,495,860$0$0$16,231,942
94$25,621,543$0$0$17,705,189
95$27,955,511$0$0$19,322,961
96$30,518,743$0$0$21,099,819
97$33,334,345$0$0$23,051,803
98$36,427,773$0$0$25,196,583
99$39,827,070$0$0$27,553,626
100$43,563,132$0$0$30,144,377