Can I retire at age 44 with 540,000?

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 $540,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.5%
1 years$44,593$44,195$43,808$43,430$43,060$42,434
2 years$22,076$21,664$21,266$20,880$20,505$19,876
3 years$14,571$14,158$13,761$13,378$13,009$12,396
4 years$10,819$10,408$10,014$9,638$9,278$8,686
5 years$8,569$8,160$7,771$7,403$7,053$6,484
6 years$7,069$6,663$6,280$5,920$5,581$5,035
7 years$5,998$5,596$5,219$4,867$4,539$4,016
8 years$5,195$4,796$4,426$4,083$3,765$3,266
9 years$4,571$4,176$3,812$3,478$3,171$2,695
10 years$4,072$3,681$3,324$2,998$2,702$2,248
11 years$3,665$3,277$2,926$2,609$2,324$1,893
12 years$3,325$2,941$2,597$2,289$2,014$1,605
13 years$3,038$2,658$2,320$2,020$1,756$1,368
14 years$2,792$2,416$2,085$1,794$1,539$1,172
15 years$2,579$2,207$1,882$1,599$1,355$1,008
16 years$2,392$2,025$1,706$1,432$1,198$870
17 years$2,228$1,865$1,553$1,287$1,062$753
18 years$2,083$1,723$1,417$1,160$944$653
19 years$1,952$1,597$1,298$1,048$842$568
20 years$1,835$1,484$1,191$949$752$494
21 years$1,730$1,382$1,095$861$673$431
22 years$1,633$1,290$1,010$783$603$377
23 years$1,546$1,207$932$713$541$329
24 years$1,466$1,131$862$650$487$288
25 years$1,392$1,061$798$594$438$252
26 years$1,324$997$741$543$394$221
27 years$1,262$939$688$497$356$194
28 years$1,204$884$639$456$321$170
29 years$1,150$834$595$418$290$149
30 years$1,099$788$554$383$262$131
31 years$1,052$745$517$352$237$115
32 years$1,008$705$482$324$214$101
33 years$967$668$450$298$194$89
34 years$928$633$420$274$175$78
35 years$892$600$393$252$159$69
36 years$858$570$368$232$144$61
37 years$825$541$344$214$130$53
38 years$795$514$322$197$118$47
39 years$766$489$302$182$107$41
40 years$738$465$283$168$97$36
41 years$712$443$265$155$88$32
42 years$687$422$249$143$80$28
43 years$664$402$234$132$73$25
44 years$642$383$219$122$66$22
45 years$620$365$206$112$60$19
46 years$600$348$193$104$54$17
47 years$581$332$182$96$49$15
48 years$562$317$171$89$45$13
49 years$544$303$160$82$41$12
50 years$527$289$151$76$37$10

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $540,000, adding $3,581 every year, while hoping to spend $35,569 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: 68/21/11 Blend
43$540,000$540,000$540,000$540,000
44$598,774$570,154$561,784$637,855
45$622,004$560,246$542,758$654,379
46$646,411$548,661$521,904$667,845
47$672,078$535,278$499,120$681,643
48$699,094$519,972$474,306$695,801
49$727,558$502,607$447,351$710,350
50$757,576$483,041$418,144$725,326
51$789,263$461,125$386,567$740,769
52$822,747$436,699$352,495$756,726
53$858,164$409,594$315,801$773,247
54$895,667$379,634$276,350$790,393
55$935,419$346,630$234,002$808,227
56$977,599$310,383$188,609$826,826
57$1,022,406$270,683$140,019$846,273
58$1,070,053$227,308$88,071$866,661
59$1,120,776$180,024$32,599$888,097
60$1,174,832$128,582$0$910,699
61$1,232,504$72,722$0$937,723
62$1,294,101$12,166$0$970,481
63$1,359,960$0$0$1,005,334
64$1,430,454$0$0$1,054,826
65$1,505,989$0$0$1,110,890
66$1,587,012$0$0$1,171,050
67$1,674,013$0$0$1,235,672
68$1,767,529$0$0$1,305,158
69$1,868,152$0$0$1,379,951
70$1,976,528$0$0$1,460,534
71$2,093,370$0$0$1,547,442
72$2,219,460$0$0$1,641,260
73$2,355,657$0$0$1,742,630
74$2,502,905$0$0$1,852,260
75$2,662,242$0$0$1,970,926
76$2,834,808$0$0$2,099,483
77$3,021,859$0$0$2,238,870
78$3,224,772$0$0$2,390,119
79$3,445,066$0$0$2,554,366
80$3,684,407$0$0$2,732,861
81$3,944,631$0$0$2,926,978
82$4,227,757$0$0$3,138,229
83$4,536,006$0$0$3,368,278
84$4,871,823$0$0$3,618,954
85$5,237,898$0$0$3,892,274
86$5,637,190$0$0$4,190,455
87$6,072,958$0$0$4,515,936
88$6,548,789$0$0$4,871,406
89$7,068,631$0$0$5,259,821
90$7,636,830$0$0$5,684,437
91$8,258,173$0$0$6,148,840
92$8,937,928$0$0$6,656,977
93$9,681,896$0$0$7,213,193
94$10,496,467$0$0$7,822,276
95$11,388,675$0$0$8,489,495
96$12,366,268$0$0$9,220,655
97$13,437,777$0$0$10,022,149
98$14,612,600$0$0$10,901,015
99$15,901,087$0$0$11,865,009
100$17,314,636$0$0$12,922,672