Can I retire at age 44 with 430,000?

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 $430,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15%
1 years$35,509$35,193$34,884$34,583$34,289$33,583
2 years$17,579$17,251$16,934$16,626$16,328$15,620
3 years$11,603$11,274$10,957$10,653$10,359$9,671
4 years$8,615$8,288$7,974$7,675$7,388$6,725
5 years$6,823$6,498$6,188$5,895$5,616$4,981
6 years$5,629$5,306$5,001$4,714$4,444$3,836
7 years$4,776$4,456$4,156$3,876$3,614$3,035
8 years$4,137$3,819$3,525$3,251$2,998$2,447
9 years$3,640$3,325$3,036$2,769$2,525$2,001
10 years$3,243$2,931$2,647$2,387$2,151$1,654
11 years$2,918$2,610$2,330$2,078$1,850$1,379
12 years$2,648$2,342$2,068$1,822$1,603$1,158
13 years$2,419$2,117$1,847$1,609$1,398$978
14 years$2,223$1,924$1,660$1,428$1,226$829
15 years$2,053$1,758$1,499$1,274$1,079$706
16 years$1,905$1,613$1,359$1,140$954$603
17 years$1,774$1,485$1,236$1,025$846$516
18 years$1,658$1,372$1,129$923$752$443
19 years$1,555$1,272$1,033$834$670$381
20 years$1,461$1,182$948$756$599$328
21 years$1,377$1,101$872$686$536$283
22 years$1,301$1,028$804$624$480$244
23 years$1,231$961$742$568$431$211
24 years$1,167$900$686$518$387$182
25 years$1,109$845$636$473$349$158
26 years$1,055$794$590$433$314$137
27 years$1,005$747$548$396$283$118
28 years$958$704$509$363$255$103
29 years$915$664$474$333$231$89
30 years$875$627$441$305$208$77
31 years$838$593$411$280$188$67
32 years$803$561$384$258$170$58
33 years$770$532$358$237$154$51
34 years$739$504$335$218$140$44
35 years$710$478$313$201$127$38
36 years$683$454$293$185$115$33
37 years$657$431$274$170$104$29
38 years$633$409$257$157$94$25
39 years$610$389$240$145$85$22
40 years$588$370$225$133$77$19
41 years$567$353$211$123$70$16
42 years$547$336$198$114$64$14
43 years$529$320$186$105$58$12
44 years$511$305$175$97$53$11
45 years$494$291$164$89$48$9
46 years$478$277$154$83$43$8
47 years$462$265$145$76$39$7
48 years$447$253$136$71$36$6
49 years$433$241$128$65$32$5
50 years$420$231$120$60$29$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $430,000, adding $4,080 every year, while hoping to spend $28,516 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: 63/24/13 Blend
43$430,000$430,000$430,000$430,000
44$478,069$455,279$448,614$506,460
45$496,491$447,246$433,301$517,947
46$515,836$437,865$416,520$526,838
47$536,169$427,038$398,191$535,846
48$557,559$414,663$378,232$544,980
49$580,082$400,634$356,554$554,257
50$603,820$384,835$333,068$563,691
51$628,864$367,145$307,680$573,303
52$655,310$347,438$280,290$583,115
53$683,267$325,578$250,795$593,153
54$712,850$301,421$219,087$603,449
55$744,188$274,818$185,053$614,036
56$777,419$245,607$148,576$624,957
57$812,695$213,621$109,532$636,257
58$850,182$178,681$67,794$647,990
59$890,063$140,599$23,227$660,217
60$932,536$99,175$0$673,008
61$977,820$54,199$0$689,816
62$1,026,152$5,450$0$711,014
63$1,077,796$0$0$733,498
64$1,133,037$0$0$769,900
65$1,192,189$0$0$810,440
66$1,255,598$0$0$853,919
67$1,323,642$0$0$900,599
68$1,396,735$0$0$950,766
69$1,475,333$0$0$1,004,737
70$1,559,936$0$0$1,062,859
71$1,651,094$0$0$1,125,511
72$1,749,409$0$0$1,193,113
73$1,855,544$0$0$1,266,123
74$1,970,227$0$0$1,345,047
75$2,094,259$0$0$1,430,439
76$2,228,518$0$0$1,522,909
77$2,373,973$0$0$1,623,128
78$2,531,685$0$0$1,731,833
79$2,702,824$0$0$1,849,835
80$2,888,677$0$0$1,978,026
81$3,090,656$0$0$2,117,387
82$3,310,318$0$0$2,268,997
83$3,549,375$0$0$2,434,044
84$3,809,709$0$0$2,613,835
85$4,093,395$0$0$2,809,807
86$4,402,711$0$0$3,023,542
87$4,740,170$0$0$3,256,784
88$5,108,533$0$0$3,511,449
89$5,510,843$0$0$3,789,648
90$5,950,447$0$0$4,093,703
91$6,431,032$0$0$4,426,175
92$6,956,656$0$0$4,789,878
93$7,531,788$0$0$5,187,914
94$8,161,349$0$0$5,623,697
95$8,850,756$0$0$6,100,990
96$9,605,977$0$0$6,623,932
97$10,433,582$0$0$7,197,084
98$11,340,809$0$0$7,825,469
99$12,335,627$0$0$8,514,619
100$13,426,815$0$0$9,270,628