Can I retire at age 44 with 920,000?

Use the below retirement simulation to view the chances of a successful retirement.
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%18.7%
1 years$75,973$75,296$74,636$73,991$73,362$70,787
2 years$37,610$36,910$36,231$35,573$34,934$32,367
3 years$24,824$24,121$23,444$22,792$22,164$19,685
4 years$18,433$17,731$17,061$16,420$15,807$13,436
5 years$14,599$13,902$13,240$12,612$12,017$9,759
6 years$12,044$11,352$10,700$10,086$9,508$7,366
7 years$10,219$9,533$8,892$8,292$7,733$5,705
8 years$8,852$8,172$7,541$6,956$6,415$4,501
9 years$7,788$7,115$6,495$5,925$5,402$3,599
10 years$6,938$6,271$5,662$5,108$4,603$2,908
11 years$6,243$5,583$4,985$4,445$3,959$2,368
12 years$5,664$5,011$4,424$3,899$3,431$1,940
13 years$5,175$4,529$3,953$3,442$2,992$1,597
14 years$4,756$4,116$3,552$3,056$2,622$1,321
15 years$4,393$3,760$3,207$2,725$2,309$1,095
16 years$4,076$3,450$2,907$2,440$2,041$911
17 years$3,796$3,177$2,645$2,192$1,809$759
18 years$3,548$2,936$2,415$1,976$1,609$634
19 years$3,326$2,721$2,211$1,785$1,434$530
20 years$3,127$2,529$2,029$1,617$1,281$444
21 years$2,947$2,355$1,866$1,467$1,146$372
22 years$2,783$2,199$1,720$1,334$1,027$312
23 years$2,634$2,056$1,588$1,215$922$262
24 years$2,497$1,927$1,469$1,108$829$220
25 years$2,372$1,808$1,360$1,012$746$185
26 years$2,256$1,699$1,262$925$672$155
27 years$2,150$1,599$1,172$847$606$131
28 years$2,050$1,507$1,089$776$547$110
29 years$1,958$1,422$1,014$712$494$92
30 years$1,873$1,343$944$653$446$78
31 years$1,793$1,269$880$600$403$65
32 years$1,718$1,201$821$551$365$55
33 years$1,648$1,137$767$507$330$46
34 years$1,582$1,078$716$466$299$39
35 years$1,520$1,022$670$429$271$33
36 years$1,461$970$627$395$245$28
37 years$1,406$922$586$364$222$23
38 years$1,354$876$549$336$202$20
39 years$1,305$833$515$310$183$17
40 years$1,258$792$482$286$166$14
41 years$1,213$754$452$264$150$12
42 years$1,171$718$424$243$136$10
43 years$1,131$684$398$224$124$8
44 years$1,093$652$374$207$112$7
45 years$1,057$622$351$191$102$6
46 years$1,022$593$330$177$93$5
47 years$989$566$310$163$84$4
48 years$957$541$291$151$76$4
49 years$927$516$273$140$69$3
50 years$898$493$257$129$63$3

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $920,000, adding $3,599 every year, while hoping to spend $53,628 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: 54/26/20 Blend
43$920,000$920,000$920,000$920,000
44$1,017,552$968,792$954,532$1,066,779
45$1,064,283$959,203$929,449$1,091,316
46$1,113,983$947,347$901,729$1,112,062
47$1,166,898$933,056$871,226$1,133,486
48$1,223,298$916,152$837,788$1,155,669
49$1,283,478$896,448$801,258$1,178,703
50$1,347,762$873,742$761,469$1,202,691
51$1,416,503$847,826$718,248$1,227,753
52$1,490,092$818,475$671,415$1,254,019
53$1,568,953$785,452$620,779$1,281,641
54$1,653,555$748,507$566,144$1,310,788
55$1,744,410$707,377$507,302$1,341,651
56$1,842,081$661,779$444,038$1,374,443
57$1,947,187$611,420$376,126$1,409,405
58$2,060,405$555,985$303,332$1,446,808
59$2,182,482$495,144$225,409$1,486,953
60$2,314,236$428,547$142,101$1,530,181
61$2,456,567$355,824$53,140$1,576,870
62$2,610,463$276,586$0$1,627,444
63$2,777,012$190,420$0$1,691,299
64$2,957,407$96,891$0$1,772,724
65$3,152,963$0$0$1,861,024
66$3,365,123$0$0$1,958,202
67$3,595,477$0$0$2,093,885
68$3,845,770$0$0$2,241,390
69$4,117,925$0$0$2,401,858
70$4,414,056$0$0$2,576,548
71$4,736,490$0$0$2,766,842
72$5,087,787$0$0$2,974,261
73$5,470,763$0$0$3,200,481
74$5,888,519$0$0$3,447,346
75$6,344,469$0$0$3,716,883
76$6,842,368$0$0$4,011,327
77$7,386,351$0$0$4,333,138
78$7,980,972$0$0$4,685,021
79$8,631,243$0$0$5,069,959
80$9,342,682$0$0$5,491,233
81$10,121,365$0$0$5,952,457
82$10,973,985$0$0$6,457,611
83$11,907,910$0$0$7,011,078
84$12,931,254$0$0$7,617,684
85$14,052,954$0$0$8,282,746
86$15,282,854$0$0$9,012,119
87$16,631,792$0$0$9,812,249
88$18,111,711$0$0$10,690,242
89$19,735,760$0$0$11,653,919
90$21,518,427$0$0$12,711,900
91$23,475,670$0$0$13,873,677
92$25,625,065$0$0$15,149,708
93$27,985,977$0$0$16,551,514
94$30,579,738$0$0$18,091,784
95$33,429,847$0$0$19,784,500
96$36,562,193$0$0$21,645,065
97$40,005,296$0$0$23,690,448
98$43,790,580$0$0$25,939,343
99$47,952,662$0$0$28,412,349
100$52,529,683$0$0$31,132,158