Can I retire at age 44 with 470,000?

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 $470,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%14.9%
1 years$38,812$38,466$38,129$37,800$37,478$36,722
2 years$19,214$18,856$18,509$18,173$17,847$17,088
3 years$12,682$12,323$11,977$11,644$11,323$10,585
4 years$9,417$9,058$8,716$8,389$8,076$7,365
5 years$7,458$7,102$6,764$6,443$6,139$5,457
6 years$6,153$5,799$5,466$5,153$4,857$4,206
7 years$5,221$4,870$4,543$4,236$3,950$3,328
8 years$4,522$4,175$3,852$3,554$3,277$2,685
9 years$3,979$3,635$3,318$3,027$2,760$2,197
10 years$3,545$3,204$2,893$2,609$2,352$1,817
11 years$3,190$2,852$2,547$2,271$2,022$1,516
12 years$2,894$2,560$2,260$1,992$1,753$1,274
13 years$2,644$2,314$2,019$1,759$1,528$1,076
14 years$2,430$2,103$1,814$1,561$1,340$913
15 years$2,244$1,921$1,638$1,392$1,180$778
16 years$2,082$1,763$1,485$1,247$1,043$665
17 years$1,939$1,623$1,351$1,120$924$570
18 years$1,813$1,500$1,234$1,009$822$489
19 years$1,699$1,390$1,129$912$733$421
20 years$1,597$1,292$1,037$826$654$363
21 years$1,505$1,203$953$750$586$313
22 years$1,422$1,123$879$682$525$270
23 years$1,346$1,050$811$621$471$234
24 years$1,276$984$750$566$423$202
25 years$1,212$924$695$517$381$175
26 years$1,153$868$645$473$343$152
27 years$1,098$817$599$433$309$132
28 years$1,048$770$556$396$279$114
29 years$1,001$726$518$364$252$99
30 years$957$686$482$334$228$86
31 years$916$648$450$306$206$75
32 years$878$613$420$282$186$65
33 years$842$581$392$259$169$56
34 years$808$551$366$238$153$49
35 years$776$522$342$219$138$43
36 years$746$496$320$202$125$37
37 years$718$471$300$186$114$32
38 years$692$447$281$172$103$28
39 years$666$425$263$158$93$24
40 years$643$405$246$146$85$21
41 years$620$385$231$135$77$18
42 years$598$367$217$124$70$16
43 years$578$350$203$115$63$14
44 years$558$333$191$106$57$12
45 years$540$318$179$98$52$11
46 years$522$303$168$90$47$9
47 years$505$289$158$83$43$8
48 years$489$276$149$77$39$7
49 years$474$264$140$71$35$6
50 years$459$252$131$66$32$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $470,000, adding $2,779 every year, while hoping to spend $34,822 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: 65/16/19 Blend
43$470,000$470,000$470,000$470,000
44$520,807$495,897$488,612$552,000
45$536,878$483,145$467,930$560,525
46$553,423$468,602$445,388$565,602
47$570,450$452,142$420,887$570,322
48$587,973$433,634$394,324$574,651
49$606,003$412,938$365,590$578,553
50$624,550$389,907$334,572$581,988
51$643,626$364,384$301,152$584,916
52$663,242$336,205$265,207$587,292
53$683,409$305,196$226,607$589,070
54$704,137$271,171$185,219$590,200
55$725,436$233,935$140,901$590,629
56$747,317$193,284$93,508$590,301
57$769,788$149,000$42,885$589,156
58$792,857$100,852$0$587,130
59$816,533$48,598$0$586,413
60$840,823$0$0$594,100
61$865,731$0$0$602,858
62$891,263$0$0$620,603
63$917,422$0$0$638,780
64$944,210$0$0$657,389
65$971,626$0$0$676,431
66$999,669$0$0$695,902
67$1,028,333$0$0$715,799
68$1,057,612$0$0$736,117
69$1,087,496$0$0$756,847
70$1,117,971$0$0$777,979
71$1,149,020$0$0$799,501
72$1,180,623$0$0$821,396
73$1,212,752$0$0$843,645
74$1,245,378$0$0$866,226
75$1,278,462$0$0$889,111
76$1,311,962$0$0$912,267
77$1,345,827$0$0$935,658
78$1,379,997$0$0$959,241
79$1,414,404$0$0$982,966
80$1,448,971$0$0$1,006,776
81$1,483,608$0$0$1,030,606
82$1,518,214$0$0$1,054,383
83$1,552,673$0$0$1,078,023
84$1,586,854$0$0$1,101,430
85$1,620,610$0$0$1,124,500
86$1,653,773$0$0$1,147,110
87$1,686,156$0$0$1,169,125
88$1,717,550$0$0$1,190,394
89$1,747,716$0$0$1,210,746
90$1,776,391$0$0$1,229,990
91$1,803,280$0$0$1,247,913
92$1,828,050$0$0$1,264,277
93$1,850,332$0$0$1,278,816
94$1,869,717$0$0$1,291,233
95$1,885,743$0$0$1,301,200
96$1,897,902$0$0$1,308,349
97$1,905,626$0$0$1,312,271
98$1,908,282$0$0$1,312,512
99$1,905,171$0$0$1,308,570
100$1,895,512$0$0$1,299,885