Can I retire at age 44 with 570,000?

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 $570,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%19.3%
1 years$47,070$46,651$46,242$45,842$45,453$43,753
2 years$23,302$22,868$22,447$22,040$21,644$19,951
3 years$15,380$14,945$14,525$14,121$13,732$12,099
4 years$11,420$10,986$10,570$10,173$9,794$8,233
5 years$9,045$8,613$8,203$7,814$7,445$5,961
6 years$7,462$7,033$6,629$6,249$5,891$4,485
7 years$6,331$5,906$5,509$5,138$4,791$3,462
8 years$5,484$5,063$4,672$4,310$3,975$2,721
9 years$4,825$4,408$4,024$3,671$3,347$2,168
10 years$4,299$3,886$3,508$3,164$2,852$1,745
11 years$3,868$3,459$3,089$2,754$2,453$1,415
12 years$3,510$3,105$2,741$2,416$2,126$1,155
13 years$3,206$2,806$2,449$2,133$1,853$947
14 years$2,947$2,550$2,200$1,893$1,625$780
15 years$2,722$2,330$1,987$1,688$1,431$644
16 years$2,525$2,138$1,801$1,512$1,264$533
17 years$2,352$1,969$1,639$1,358$1,121$442
18 years$2,198$1,819$1,496$1,224$997$368
19 years$2,061$1,686$1,370$1,106$888$306
20 years$1,937$1,567$1,257$1,002$794$255
21 years$1,826$1,459$1,156$909$710$213
22 years$1,724$1,362$1,066$827$637$178
23 years$1,632$1,274$984$753$571$148
24 years$1,547$1,194$910$687$514$124
25 years$1,470$1,120$843$627$462$104
26 years$1,398$1,053$782$573$416$87
27 years$1,332$991$726$525$375$73
28 years$1,270$934$675$481$339$61
29 years$1,213$881$628$441$306$51
30 years$1,160$832$585$405$276$43
31 years$1,111$786$545$372$250$36
32 years$1,064$744$509$342$226$30
33 years$1,021$705$475$314$205$25
34 years$980$668$444$289$185$21
35 years$942$633$415$266$168$18
36 years$905$601$388$245$152$15
37 years$871$571$363$226$138$12
38 years$839$543$340$208$125$10
39 years$808$516$319$192$113$9
40 years$779$491$299$177$103$7
41 years$752$467$280$163$93$6
42 years$726$445$263$151$85$5
43 years$701$424$247$139$77$4
44 years$677$404$231$128$70$4
45 years$655$385$217$119$63$3
46 years$633$368$204$110$57$3
47 years$613$351$192$101$52$2
48 years$593$335$180$94$47$2
49 years$574$320$169$86$43$1
50 years$557$306$159$80$39$1

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $570,000, adding $2,446 every year, while hoping to spend $32,292 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: 49/27/24 Blend
43$570,000$570,000$570,000$570,000
44$630,663$600,453$591,618$657,177
45$660,632$595,517$577,079$670,983
46$692,576$589,256$560,970$682,540
47$726,662$581,573$543,206$694,443
48$763,072$572,361$523,694$706,738
49$802,009$561,510$502,342$719,478
50$843,693$548,903$479,048$732,725
51$888,364$534,413$453,711$746,548
52$936,288$517,911$426,221$761,026
53$987,755$499,254$396,466$776,248
54$1,043,085$478,297$364,326$792,317
55$1,102,628$454,881$329,679$809,345
56$1,166,768$428,843$292,396$827,462
57$1,235,929$400,007$252,341$846,813
58$1,310,574$368,187$209,375$867,562
59$1,391,212$333,188$163,349$889,892
60$1,478,405$294,804$114,110$914,008
61$1,572,768$252,815$61,499$940,143
62$1,674,979$206,991$5,348$968,555
63$1,785,782$157,088$0$999,534
64$1,905,995$102,849$0$1,047,379
65$2,036,518$44,001$0$1,100,847
66$2,178,343$0$0$1,159,019
67$2,332,558$0$0$1,228,264
68$2,500,361$0$0$1,317,890
69$2,683,072$0$0$1,415,534
70$2,882,141$0$0$1,521,979
71$3,099,165$0$0$1,638,086
72$3,335,901$0$0$1,764,804
73$3,594,284$0$0$1,903,176
74$3,876,443$0$0$2,054,349
75$4,184,722$0$0$2,219,590
76$4,521,700$0$0$2,400,289
77$4,890,220$0$0$2,597,980
78$5,293,410$0$0$2,814,351
79$5,734,712$0$0$3,051,261
80$6,217,921$0$0$3,310,755
81$6,747,213$0$0$3,595,087
82$7,327,187$0$0$3,906,741
83$7,962,909$0$0$4,248,450
84$8,659,957$0$0$4,623,224
85$9,424,476$0$0$5,034,380
86$10,263,234$0$0$5,485,571
87$11,183,686$0$0$5,980,821
88$12,194,042$0$0$6,524,562
89$13,303,348$0$0$7,121,675
90$14,521,566$0$0$7,777,540
91$15,859,673$0$0$8,498,081
92$17,329,759$0$0$9,289,824
93$18,945,145$0$0$10,159,961
94$20,720,504$0$0$11,116,414
95$22,672,003$0$0$12,167,908
96$24,817,452$0$0$13,324,061
97$27,176,473$0$0$14,595,464
98$29,770,686$0$0$15,993,789
99$32,623,907$0$0$17,531,895
100$35,762,380$0$0$19,223,950