Can I retire at age 44 with 575,000?

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 $575,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.5%
1 years$47,483$47,060$46,647$46,245$45,851$44,634
2 years$23,506$23,069$22,644$22,233$21,834$20,616
3 years$15,515$15,076$14,652$14,245$13,852$12,672
4 years$11,520$11,082$10,663$10,263$9,880$8,746
5 years$9,124$8,689$8,275$7,883$7,510$6,426
6 years$7,527$7,095$6,687$6,304$5,943$4,909
7 years$6,387$5,958$5,557$5,183$4,833$3,851
8 years$5,532$5,107$4,713$4,348$4,009$3,077
9 years$4,868$4,447$4,059$3,703$3,377$2,494
10 years$4,336$3,920$3,539$3,192$2,877$2,043
11 years$3,902$3,489$3,116$2,778$2,474$1,687
12 years$3,540$3,132$2,765$2,437$2,144$1,403
13 years$3,234$2,830$2,470$2,151$1,870$1,172
14 years$2,973$2,573$2,220$1,910$1,639$984
15 years$2,746$2,350$2,004$1,703$1,443$829
16 years$2,547$2,156$1,817$1,525$1,275$700
17 years$2,373$1,986$1,653$1,370$1,131$593
18 years$2,218$1,835$1,509$1,235$1,006$504
19 years$2,079$1,701$1,382$1,116$896$428
20 years$1,954$1,580$1,268$1,011$801$364
21 years$1,842$1,472$1,166$917$716$311
22 years$1,739$1,374$1,075$834$642$265
23 years$1,646$1,285$993$759$576$226
24 years$1,561$1,204$918$693$518$193
25 years$1,482$1,130$850$633$466$165
26 years$1,410$1,062$789$578$420$142
27 years$1,343$999$732$529$379$121
28 years$1,282$942$681$485$342$104
29 years$1,224$888$633$445$308$89
30 years$1,170$839$590$408$279$76
31 years$1,120$793$550$375$252$65
32 years$1,074$751$513$345$228$56
33 years$1,030$711$479$317$206$48
34 years$989$674$448$292$187$41
35 years$950$639$419$268$169$35
36 years$913$606$392$247$153$30
37 years$879$576$367$228$139$26
38 years$846$547$343$210$126$22
39 years$815$521$322$194$114$19
40 years$786$495$301$179$104$16
41 years$758$471$283$165$94$14
42 years$732$449$265$152$85$12
43 years$707$428$249$140$77$10
44 years$683$408$234$130$70$9
45 years$660$389$219$120$64$8
46 years$639$371$206$111$58$7
47 years$618$354$193$102$53$6
48 years$598$338$182$94$48$5
49 years$579$323$171$87$43$4
50 years$561$308$161$81$39$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $575,000, adding $6,271 every year, while hoping to spend $24,596 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: 40/38/22 Blend
43$575,000$575,000$575,000$575,000
44$640,119$609,644$600,731$661,337
45$679,241$613,346$594,686$680,863
46$721,529$616,406$587,613$699,170
47$767,280$618,765$579,454$718,479
48$816,821$620,363$570,144$738,896
49$870,510$621,134$559,617$760,536
50$928,743$621,010$547,804$783,532
51$991,952$619,917$534,634$808,029
52$1,060,616$617,778$520,028$834,189
53$1,135,259$614,509$503,910$862,192
54$1,216,460$610,024$486,195$892,240
55$1,304,853$604,230$466,797$924,556
56$1,401,138$597,027$445,624$959,389
57$1,506,085$588,312$422,583$997,014
58$1,620,540$577,974$397,575$1,037,738
59$1,745,436$565,895$370,494$1,081,903
60$1,881,798$551,953$341,234$1,129,886
61$2,030,758$536,014$309,681$1,182,107
62$2,193,556$517,940$275,717$1,239,032
63$2,371,564$497,584$239,218$1,301,178
64$2,566,288$474,790$200,056$1,369,118
65$2,779,388$449,393$158,097$1,443,488
66$3,012,691$421,219$113,198$1,524,991
67$3,268,209$390,083$65,215$1,614,407
68$3,548,160$355,790$13,993$1,712,603
69$3,854,983$318,135$0$1,820,534
70$4,191,367$276,899$0$1,948,807
71$4,560,273$231,853$0$2,093,177
72$4,964,960$182,753$0$2,251,695
73$5,409,021$129,343$0$2,425,841
74$5,896,411$71,351$0$2,617,250
75$6,431,489$8,492$0$2,827,730
76$7,019,055$0$0$3,059,275
77$7,664,396$0$0$3,338,985
78$8,373,338$0$0$3,650,243
79$9,152,299$0$0$3,992,326
80$10,008,347$0$0$4,368,349
81$10,949,271$0$0$4,781,743
82$11,983,651$0$0$5,236,290
83$13,120,942$0$0$5,736,156
84$14,371,557$0$0$6,285,929
85$15,746,972$0$0$6,890,666
86$17,259,828$0$0$7,555,940
87$18,924,056$0$0$8,287,887
88$20,755,003$0$0$9,093,273
89$22,769,578$0$0$9,979,548
90$24,986,413$0$0$10,954,925
91$27,426,037$0$0$12,028,450
92$30,111,070$0$0$13,210,092
93$33,066,434$0$0$14,510,837
94$36,319,593$0$0$15,942,786
95$39,900,806$0$0$17,519,278
96$43,843,415$0$0$19,255,007
97$48,184,162$0$0$21,166,166
98$52,963,530$0$0$23,270,599
99$58,226,128$0$0$25,587,967
100$64,021,111$0$0$28,139,935