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%14.7%
1 years$47,483$47,060$46,647$46,245$45,851$44,962
2 years$23,506$23,069$22,644$22,233$21,834$20,942
3 years$15,515$15,076$14,652$14,245$13,852$12,985
4 years$11,520$11,082$10,663$10,263$9,880$9,044
5 years$9,124$8,689$8,275$7,883$7,510$6,708
6 years$7,527$7,095$6,687$6,304$5,943$5,175
7 years$6,387$5,958$5,557$5,183$4,833$4,101
8 years$5,532$5,107$4,713$4,348$4,009$3,312
9 years$4,868$4,447$4,059$3,703$3,377$2,713
10 years$4,336$3,920$3,539$3,192$2,877$2,247
11 years$3,902$3,489$3,116$2,778$2,474$1,877
12 years$3,540$3,132$2,765$2,437$2,144$1,579
13 years$3,234$2,830$2,470$2,151$1,870$1,336
14 years$2,973$2,573$2,220$1,910$1,639$1,135
15 years$2,746$2,350$2,004$1,703$1,443$969
16 years$2,547$2,156$1,817$1,525$1,275$829
17 years$2,373$1,986$1,653$1,370$1,131$711
18 years$2,218$1,835$1,509$1,235$1,006$612
19 years$2,079$1,701$1,382$1,116$896$527
20 years$1,954$1,580$1,268$1,011$801$455
21 years$1,842$1,472$1,166$917$716$393
22 years$1,739$1,374$1,075$834$642$340
23 years$1,646$1,285$993$759$576$295
24 years$1,561$1,204$918$693$518$255
25 years$1,482$1,130$850$633$466$222
26 years$1,410$1,062$789$578$420$192
27 years$1,343$999$732$529$379$167
28 years$1,282$942$681$485$342$145
29 years$1,224$888$633$445$308$126
30 years$1,170$839$590$408$279$110
31 years$1,120$793$550$375$252$95
32 years$1,074$751$513$345$228$83
33 years$1,030$711$479$317$206$72
34 years$989$674$448$292$187$63
35 years$950$639$419$268$169$55
36 years$913$606$392$247$153$48
37 years$879$576$367$228$139$42
38 years$846$547$343$210$126$36
39 years$815$521$322$194$114$32
40 years$786$495$301$179$104$28
41 years$758$471$283$165$94$24
42 years$732$449$265$152$85$21
43 years$707$428$249$140$77$18
44 years$683$408$234$130$70$16
45 years$660$389$219$120$64$14
46 years$639$371$206$111$58$12
47 years$618$354$193$102$53$11
48 years$598$338$182$94$48$9
49 years$579$323$171$87$43$8
50 years$561$308$161$81$39$7

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $575,000, adding $6,302 every year, while hoping to spend $35,211 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: 66/19/15 Blend
43$575,000$575,000$575,000$575,000
44$640,151$609,676$600,763$679,711
45$667,982$602,085$583,424$699,343
46$697,471$592,943$564,325$716,104
47$728,752$582,136$543,368$733,552
48$761,967$569,543$520,453$751,750
49$797,275$555,038$495,476$770,773
50$834,849$538,487$468,326$790,703
51$874,877$519,746$438,889$811,630
52$917,566$498,665$407,043$833,656
53$963,144$475,086$372,665$856,896
54$1,011,858$448,838$335,622$881,476
55$1,063,981$419,744$295,779$907,538
56$1,119,810$387,616$252,991$935,239
57$1,179,675$352,253$207,111$964,755
58$1,243,934$313,445$157,981$996,280
59$1,312,981$270,970$105,439$1,030,032
60$1,387,248$224,591$49,315$1,066,253
61$1,467,212$174,061$0$1,105,211
62$1,553,394$119,116$0$1,148,899
63$1,646,368$59,479$0$1,204,487
64$1,746,761$0$0$1,264,475
65$1,855,268$0$0$1,330,378
66$1,972,648$0$0$1,415,153
67$2,099,738$0$0$1,506,970
68$2,237,455$0$0$1,606,498
69$2,386,812$0$0$1,714,471
70$2,548,919$0$0$1,831,697
71$2,724,998$0$0$1,959,065
72$2,916,394$0$0$2,097,550
73$3,124,586$0$0$2,248,229
74$3,351,201$0$0$2,412,284
75$3,598,030$0$0$2,591,016
76$3,867,043$0$0$2,785,859
77$4,160,409$0$0$2,998,388
78$4,480,515$0$0$3,230,339
79$4,829,987$0$0$3,483,622
80$5,211,718$0$0$3,760,339
81$5,628,891$0$0$4,062,805
82$6,085,012$0$0$4,393,568
83$6,583,939$0$0$4,755,434
84$7,129,922$0$0$5,151,492
85$7,727,639$0$0$5,585,145
86$8,382,244$0$0$6,060,139
87$9,099,409$0$0$6,580,600
88$9,885,383$0$0$7,151,071
89$10,747,048$0$0$7,776,556
90$11,691,984$0$0$8,462,568
91$12,728,539$0$0$9,215,176
92$13,865,908$0$0$10,041,066
93$15,114,218$0$0$10,947,605
94$16,484,627$0$0$11,942,905
95$17,989,423$0$0$13,035,902
96$19,642,144$0$0$14,236,442
97$21,457,704$0$0$15,555,370
98$23,452,531$0$0$17,004,633
99$25,644,723$0$0$18,597,394
100$28,054,221$0$0$20,348,152