Can I retire at age 44 with 490,000?

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 $490,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%17.3%
1 years$40,464$40,103$39,752$39,408$39,073$37,914
2 years$20,032$19,658$19,297$18,946$18,606$17,448
3 years$13,222$12,847$12,486$12,139$11,805$10,683
4 years$9,817$9,444$9,087$8,746$8,419$7,343
5 years$7,775$7,404$7,052$6,717$6,400$5,373
6 years$6,415$6,046$5,699$5,372$5,064$4,087
7 years$5,443$5,077$4,736$4,417$4,119$3,191
8 years$4,714$4,352$4,016$3,705$3,417$2,538
9 years$4,148$3,789$3,459$3,156$2,877$2,047
10 years$3,695$3,340$3,016$2,720$2,452$1,668
11 years$3,325$2,974$2,655$2,368$2,109$1,371
12 years$3,017$2,669$2,356$2,077$1,827$1,134
13 years$2,756$2,412$2,105$1,833$1,593$942
14 years$2,533$2,192$1,892$1,627$1,397$787
15 years$2,340$2,003$1,708$1,451$1,230$659
16 years$2,171$1,838$1,548$1,300$1,087$554
17 years$2,022$1,692$1,409$1,168$964$466
18 years$1,890$1,564$1,286$1,052$857$393
19 years$1,772$1,449$1,177$951$764$332
20 years$1,665$1,347$1,081$861$682$281
21 years$1,569$1,254$994$782$610$238
22 years$1,482$1,171$916$711$547$202
23 years$1,403$1,095$846$647$491$171
24 years$1,330$1,026$782$590$442$146
25 years$1,263$963$725$539$397$124
26 years$1,202$905$672$493$358$105
27 years$1,145$852$624$451$323$89
28 years$1,092$803$580$413$291$76
29 years$1,043$757$540$379$263$65
30 years$997$715$503$348$238$55
31 years$955$676$469$319$215$47
32 years$915$640$437$294$194$40
33 years$878$606$408$270$176$34
34 years$842$574$382$248$159$29
35 years$809$544$357$229$144$25
36 years$778$517$334$211$131$21
37 years$749$491$312$194$118$18
38 years$721$466$292$179$107$15
39 years$695$444$274$165$97$13
40 years$670$422$257$152$88$11
41 years$646$402$241$140$80$9
42 years$624$383$226$130$73$8
43 years$603$365$212$120$66$7
44 years$582$347$199$110$60$6
45 years$563$331$187$102$54$5
46 years$544$316$175$94$49$4
47 years$527$302$165$87$45$4
48 years$510$288$155$80$41$3
49 years$494$275$146$74$37$3
50 years$478$263$137$69$34$2

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $490,000, adding $3,146 every year, while hoping to spend $23,674 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: 74/6/20 Blend
43$490,000$490,000$490,000$490,000
44$543,225$517,255$509,660$580,616
45$573,445$517,412$501,545$606,012
46$605,954$516,782$492,364$630,653
47$640,961$515,304$482,057$657,046
48$678,693$512,909$470,561$685,362
49$719,404$509,525$457,809$715,786
50$763,369$505,078$443,732$748,525
51$810,892$499,486$428,256$783,807
52$862,307$492,664$411,306$821,883
53$917,980$484,523$392,803$863,030
54$978,315$474,965$372,662$907,554
55$1,043,755$463,890$350,798$955,792
56$1,114,788$451,191$327,120$1,008,117
57$1,191,950$436,753$301,533$1,064,938
58$1,275,832$420,457$273,937$1,126,710
59$1,367,082$402,175$244,229$1,193,933
60$1,466,415$381,771$212,301$1,267,157
61$1,574,616$359,105$178,040$1,346,992
62$1,692,550$334,025$141,328$1,434,109
63$1,821,170$306,372$102,042$1,529,250
64$1,961,522$275,977$60,053$1,633,230
65$2,114,759$242,662$15,227$1,746,951
66$2,282,152$206,239$0$1,871,409
67$2,465,096$166,510$0$2,014,658
68$2,665,132$123,264$0$2,174,870
69$2,883,951$76,280$0$2,350,159
70$3,123,420$25,324$0$2,542,031
71$3,385,592$0$0$2,752,144
72$3,672,728$0$0$2,984,298
73$3,987,319$0$0$3,240,503
74$4,332,107$0$0$3,521,322
75$4,710,114$0$0$3,829,219
76$5,124,665$0$0$4,166,906
77$5,579,425$0$0$4,537,370
78$6,078,430$0$0$4,943,904
79$6,626,126$0$0$5,390,132
80$7,227,409$0$0$5,880,046
81$7,887,673$0$0$6,418,045
82$8,612,862$0$0$7,008,974
83$9,409,519$0$0$7,658,171
84$10,284,858$0$0$8,371,516
85$11,246,821$0$0$9,155,487
86$12,304,161$0$0$10,017,221
87$13,466,520$0$0$10,964,579
88$14,744,520$0$0$12,006,224
89$16,149,866$0$0$13,151,700
90$17,695,451$0$0$14,411,521
91$19,395,483$0$0$15,797,271
92$21,265,613$0$0$17,321,715
93$23,323,088$0$0$18,998,916
94$25,586,909$0$0$20,844,368
95$28,078,013$0$0$22,875,145
96$30,819,469$0$0$25,110,057
97$33,836,695$0$0$27,569,832
98$37,157,697$0$0$30,277,309
99$40,813,336$0$0$33,257,651
100$44,837,615$0$0$36,538,589