Can I retire at age 44 with 920,000?

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 $920,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.3%
1 years$75,973$75,296$74,636$73,991$73,362$71,764
2 years$37,610$36,910$36,231$35,573$34,934$33,332
3 years$24,824$24,121$23,444$22,792$22,164$20,607
4 years$18,433$17,731$17,061$16,420$15,807$14,309
5 years$14,599$13,902$13,240$12,612$12,017$10,581
6 years$12,044$11,352$10,700$10,086$9,508$8,136
7 years$10,219$9,533$8,892$8,292$7,733$6,425
8 years$8,852$8,172$7,541$6,956$6,415$5,171
9 years$7,788$7,115$6,495$5,925$5,402$4,221
10 years$6,938$6,271$5,662$5,108$4,603$3,483
11 years$6,243$5,583$4,985$4,445$3,959$2,899
12 years$5,664$5,011$4,424$3,899$3,431$2,429
13 years$5,175$4,529$3,953$3,442$2,992$2,047
14 years$4,756$4,116$3,552$3,056$2,622$1,732
15 years$4,393$3,760$3,207$2,725$2,309$1,472
16 years$4,076$3,450$2,907$2,440$2,041$1,254
17 years$3,796$3,177$2,645$2,192$1,809$1,071
18 years$3,548$2,936$2,415$1,976$1,609$917
19 years$3,326$2,721$2,211$1,785$1,434$787
20 years$3,127$2,529$2,029$1,617$1,281$676
21 years$2,947$2,355$1,866$1,467$1,146$582
22 years$2,783$2,199$1,720$1,334$1,027$501
23 years$2,634$2,056$1,588$1,215$922$432
24 years$2,497$1,927$1,469$1,108$829$373
25 years$2,372$1,808$1,360$1,012$746$322
26 years$2,256$1,699$1,262$925$672$278
27 years$2,150$1,599$1,172$847$606$240
28 years$2,050$1,507$1,089$776$547$208
29 years$1,958$1,422$1,014$712$494$180
30 years$1,873$1,343$944$653$446$156
31 years$1,793$1,269$880$600$403$135
32 years$1,718$1,201$821$551$365$117
33 years$1,648$1,137$767$507$330$101
34 years$1,582$1,078$716$466$299$87
35 years$1,520$1,022$670$429$271$76
36 years$1,461$970$627$395$245$66
37 years$1,406$922$586$364$222$57
38 years$1,354$876$549$336$202$49
39 years$1,305$833$515$310$183$43
40 years$1,258$792$482$286$166$37
41 years$1,213$754$452$264$150$32
42 years$1,171$718$424$243$136$28
43 years$1,131$684$398$224$124$24
44 years$1,093$652$374$207$112$21
45 years$1,057$622$351$191$102$18
46 years$1,022$593$330$177$93$16
47 years$989$566$310$163$84$14
48 years$957$541$291$151$76$12
49 years$927$516$273$140$69$10
50 years$898$493$257$129$63$9

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $920,000, adding $6,458 every year, while hoping to spend $20,217 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: 72/14/14 Blend
43$920,000$920,000$920,000$920,000
44$1,020,501$971,741$957,481$1,090,388
45$1,103,082$997,846$968,046$1,163,668
46$1,193,408$1,024,552$978,288$1,240,797
47$1,292,248$1,051,868$988,173$1,324,723
48$1,400,449$1,079,801$997,669$1,416,111
49$1,518,943$1,108,360$1,006,739$1,515,699
50$1,648,757$1,137,550$1,015,345$1,624,295
51$1,791,020$1,167,380$1,023,449$1,742,793
52$1,946,977$1,197,855$1,031,008$1,872,175
53$2,118,001$1,228,982$1,037,979$2,013,523
54$2,305,600$1,260,766$1,044,315$2,168,030
55$2,511,439$1,293,211$1,049,967$2,337,010
56$2,737,349$1,326,322$1,054,884$2,521,909
57$2,985,349$1,360,102$1,059,013$2,724,321
58$3,257,663$1,394,554$1,062,298$2,946,004
59$3,556,738$1,429,681$1,064,678$3,188,891
60$3,885,272$1,465,483$1,066,092$3,455,115
61$4,246,238$1,501,960$1,066,475$3,747,024
62$4,642,910$1,539,111$1,065,757$4,067,206
63$5,078,895$1,576,935$1,063,868$4,418,513
64$5,558,165$1,615,429$1,060,731$4,804,085
65$6,085,100$1,654,586$1,056,267$5,227,385
66$6,664,522$1,694,403$1,050,394$5,692,226
67$7,301,745$1,734,871$1,043,024$6,202,812
68$8,002,625$1,775,981$1,034,067$6,763,774
69$8,773,612$1,817,723$1,023,427$7,380,214
70$9,621,813$1,860,084$1,011,005$8,057,755
71$10,555,059$1,903,050$996,695$8,802,594
72$11,581,979$1,946,603$980,388$9,621,559
73$12,712,079$1,990,725$961,969$10,522,174
74$13,955,834$2,035,394$941,318$11,512,728
75$15,324,787$2,080,586$918,310$12,602,360
76$16,831,655$2,126,274$892,814$13,801,136
77$18,490,452$2,172,429$864,690$15,120,151
78$20,316,617$2,219,018$833,797$16,571,632
79$22,327,166$2,266,004$799,983$18,169,050
80$24,540,846$2,313,347$763,092$19,927,252
81$26,978,315$2,361,004$722,958$21,862,600
82$29,662,337$2,408,926$679,410$23,993,123
83$32,617,994$2,457,062$632,269$26,338,689
84$35,872,926$2,505,355$581,347$28,921,194
85$39,457,589$2,553,743$526,447$31,764,765
86$43,405,546$2,602,159$467,366$34,895,993
87$47,753,778$2,650,531$403,889$38,344,179
88$52,543,037$2,698,780$335,792$42,141,613
89$57,818,228$2,746,822$262,843$46,323,880
90$63,628,837$2,794,566$184,799$50,930,195
91$70,029,393$2,841,914$101,403$56,003,771
92$77,079,983$2,888,760$12,393$61,592,232
93$84,846,823$2,934,990$0$67,748,058
94$93,402,877$2,980,484$0$74,541,423
95$102,828,552$3,025,109$0$82,026,499
96$113,212,452$3,068,726$0$90,271,715
97$124,652,213$3,111,185$0$99,354,519
98$137,255,431$3,152,326$0$109,360,255
99$151,140,672$3,191,976$0$120,382,974
100$166,438,590$3,229,953$0$132,526,315