Can I retire at age 44 with 460,000?

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 $460,000?

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$37,986$37,648$37,318$36,996$36,681$35,926
2 years$18,805$18,455$18,115$17,786$17,467$16,710
3 years$12,412$12,060$11,722$11,396$11,082$10,346
4 years$9,216$8,866$8,531$8,210$7,904$7,195
5 years$7,299$6,951$6,620$6,306$6,008$5,328
6 years$6,022$5,676$5,350$5,043$4,754$4,104
7 years$5,110$4,767$4,446$4,146$3,866$3,246
8 years$4,426$4,086$3,770$3,478$3,208$2,617
9 years$3,894$3,557$3,247$2,963$2,701$2,140
10 years$3,469$3,136$2,831$2,554$2,302$1,769
11 years$3,122$2,792$2,493$2,223$1,979$1,475
12 years$2,832$2,506$2,212$1,949$1,715$1,239
13 years$2,588$2,264$1,976$1,721$1,496$1,046
14 years$2,378$2,058$1,776$1,528$1,311$887
15 years$2,197$1,880$1,603$1,363$1,154$755
16 years$2,038$1,725$1,454$1,220$1,020$645
17 years$1,898$1,589$1,323$1,096$905$552
18 years$1,774$1,468$1,207$988$804$474
19 years$1,663$1,361$1,105$893$717$407
20 years$1,563$1,264$1,014$808$640$351
21 years$1,473$1,178$933$734$573$302
22 years$1,391$1,099$860$667$514$261
23 years$1,317$1,028$794$608$461$226
24 years$1,249$963$734$554$414$195
25 years$1,186$904$680$506$373$169
26 years$1,128$850$631$463$336$146
27 years$1,075$800$586$424$303$127
28 years$1,025$753$545$388$273$110
29 years$979$711$507$356$247$95
30 years$936$671$472$327$223$83
31 years$896$635$440$300$202$72
32 years$859$600$411$276$182$62
33 years$824$569$383$253$165$54
34 years$791$539$358$233$149$47
35 years$760$511$335$215$135$41
36 years$731$485$313$198$123$35
37 years$703$461$293$182$111$31
38 years$677$438$275$168$101$27
39 years$652$416$257$155$91$23
40 years$629$396$241$143$83$20
41 years$607$377$226$132$75$18
42 years$586$359$212$122$68$15
43 years$566$342$199$112$62$13
44 years$547$326$187$104$56$12
45 years$528$311$175$96$51$10
46 years$511$297$165$88$46$9
47 years$495$283$155$82$42$8
48 years$479$270$145$75$38$7
49 years$464$258$137$70$35$6
50 years$449$247$129$64$32$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $460,000, adding $6,058 every year, while hoping to spend $33,319 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: 39/38/23 Blend
43$460,000$460,000$460,000$460,000
44$513,169$488,789$481,659$529,470
45$530,061$477,288$462,343$530,311
46$547,559$464,108$441,264$527,641
47$565,691$449,129$418,326$524,086
48$584,483$432,228$393,432$519,587
49$603,967$413,274$366,479$514,079
50$624,174$392,127$337,358$507,495
51$645,138$368,639$305,958$499,765
52$666,895$342,656$272,161$490,813
53$689,484$314,012$235,844$480,562
54$712,945$282,533$196,879$468,930
55$737,324$248,035$155,133$455,830
56$762,667$210,324$110,465$441,173
57$789,023$169,195$62,730$424,862
58$816,448$124,430$11,776$406,800
59$844,999$75,800$0$386,881
60$874,738$23,064$0$375,452
61$905,733$0$0$365,707
62$938,055$0$0$368,908
63$971,781$0$0$382,324
64$1,006,996$0$0$396,346
65$1,043,790$0$0$411,011
66$1,082,261$0$0$426,361
67$1,122,513$0$0$442,440
68$1,164,662$0$0$459,295
69$1,208,831$0$0$476,978
70$1,255,155$0$0$495,547
71$1,303,779$0$0$515,062
72$1,354,862$0$0$535,590
73$1,408,574$0$0$557,203
74$1,465,105$0$0$579,981
75$1,524,656$0$0$604,010
76$1,587,451$0$0$629,383
77$1,653,729$0$0$656,203
78$1,723,756$0$0$684,581
79$1,797,817$0$0$714,639
80$1,876,227$0$0$746,511
81$1,959,329$0$0$780,340
82$2,047,496$0$0$816,288
83$2,141,138$0$0$854,528
84$2,240,703$0$0$895,249
85$2,346,680$0$0$938,662
86$2,459,606$0$0$984,994
87$2,580,068$0$0$1,034,495
88$2,708,709$0$0$1,087,439
89$2,846,233$0$0$1,144,128
90$2,993,414$0$0$1,204,891
91$3,151,098$0$0$1,270,090
92$3,320,216$0$0$1,340,121
93$3,501,786$0$0$1,415,421
94$3,696,928$0$0$1,496,467
95$3,906,870$0$0$1,583,785
96$4,132,961$0$0$1,677,953
97$4,376,683$0$0$1,779,603
98$4,639,662$0$0$1,889,431
99$4,923,687$0$0$2,008,205
100$5,230,721$0$0$2,136,763