Can I retire at age 44 with 625,000?

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 $625,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%13.3%
1 years$51,612$51,152$50,704$50,266$49,838$49,154
2 years$25,550$25,075$24,613$24,166$23,733$23,045
3 years$16,864$16,387$15,927$15,484$15,057$14,387
4 years$12,522$12,046$11,590$11,155$10,739$10,091
5 years$9,918$9,444$8,995$8,568$8,163$7,540
6 years$8,182$7,712$7,269$6,852$6,459$5,862
7 years$6,942$6,476$6,041$5,633$5,253$4,681
8 years$6,013$5,551$5,123$4,726$4,358$3,811
9 years$5,291$4,834$4,412$4,025$3,670$3,148
10 years$4,714$4,261$3,847$3,470$3,127$2,630
11 years$4,241$3,793$3,387$3,020$2,689$2,217
12 years$3,848$3,404$3,006$2,649$2,331$1,881
13 years$3,516$3,076$2,685$2,338$2,032$1,606
14 years$3,231$2,796$2,413$2,076$1,782$1,378
15 years$2,984$2,555$2,178$1,851$1,569$1,187
16 years$2,769$2,344$1,975$1,658$1,386$1,026
17 years$2,579$2,159$1,797$1,489$1,229$889
18 years$2,410$1,995$1,641$1,342$1,093$772
19 years$2,260$1,849$1,502$1,213$974$672
20 years$2,124$1,718$1,378$1,098$870$586
21 years$2,002$1,600$1,268$997$779$512
22 years$1,891$1,494$1,168$906$698$448
23 years$1,789$1,397$1,079$825$627$392
24 years$1,697$1,309$998$753$563$344
25 years$1,611$1,228$924$688$507$301
26 years$1,533$1,154$857$629$456$265
27 years$1,460$1,086$796$575$412$232
28 years$1,393$1,024$740$527$371$204
29 years$1,330$966$689$483$335$180
30 years$1,272$912$641$444$303$158
31 years$1,218$862$598$408$274$139
32 years$1,167$816$558$375$248$122
33 years$1,119$773$521$344$224$108
34 years$1,074$732$487$317$203$95
35 years$1,032$695$455$292$184$84
36 years$993$659$426$269$167$74
37 years$955$626$398$248$151$65
38 years$920$595$373$228$137$57
39 years$886$566$350$210$124$51
40 years$854$538$328$194$113$45
41 years$824$512$307$179$102$39
42 years$796$488$288$165$93$35
43 years$768$465$270$153$84$31
44 years$743$443$254$141$76$27
45 years$718$423$238$130$69$24
46 years$694$403$224$120$63$21
47 years$672$385$210$111$57$19
48 years$650$367$198$103$52$16
49 years$630$351$186$95$47$14
50 years$610$335$175$88$43$13

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $625,000, adding $3,727 every year, while hoping to spend $29,192 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: 53/33/14 Blend
43$625,000$625,000$625,000$625,000
44$692,594$659,469$649,782$726,534
45$732,179$660,723$640,490$751,358
46$774,823$661,060$629,907$774,924
47$820,807$660,405$617,962$799,902
48$870,441$658,676$604,575$826,433
49$924,063$655,788$589,666$854,676
50$982,048$651,652$573,149$884,803
51$1,044,804$646,170$554,937$917,010
52$1,112,783$639,242$534,937$951,509
53$1,186,480$630,758$513,050$988,540
54$1,266,440$620,604$489,177$1,028,367
55$1,353,263$608,660$463,210$1,071,282
56$1,447,608$594,796$435,040$1,117,609
57$1,550,199$578,877$404,549$1,167,710
58$1,661,836$560,758$371,618$1,221,981
59$1,783,395$540,287$336,119$1,280,866
60$1,915,843$517,302$297,920$1,344,853
61$2,060,242$491,634$256,884$1,414,485
62$2,217,764$463,100$212,866$1,490,361
63$2,389,694$431,511$165,716$1,573,145
64$2,577,452$396,664$115,277$1,663,574
65$2,782,598$358,346$61,384$1,762,461
66$3,006,849$316,331$3,866$1,870,707
67$3,252,097$270,381$0$1,989,308
68$3,520,424$220,243$0$2,127,958
69$3,814,125$165,653$0$2,280,460
70$4,135,723$106,327$0$2,447,612
71$4,488,000$41,970$0$2,630,937
72$4,874,018$0$0$2,832,113
73$5,297,149$0$0$3,063,066
74$5,761,108$0$0$3,333,076
75$6,269,986$0$0$3,629,291
76$6,828,289$0$0$3,954,341
77$7,440,979$0$0$4,311,125
78$8,113,525$0$0$4,702,834
79$8,851,947$0$0$5,132,984
80$9,662,880$0$0$5,605,449
81$10,553,631$0$0$6,124,497
82$11,532,251$0$0$6,694,826
83$12,607,607$0$0$7,321,617
84$13,789,471$0$0$8,010,574
85$15,088,605$0$0$8,767,982
86$16,516,868$0$0$9,600,766
87$18,087,325$0$0$10,516,556
88$19,814,368$0$0$11,523,756
89$21,713,857$0$0$12,631,627
90$23,803,265$0$0$13,850,374
91$26,101,842$0$0$15,191,237
92$28,630,799$0$0$16,666,605
93$31,413,507$0$0$18,290,125
94$34,475,715$0$0$20,076,835
95$37,845,796$0$0$22,043,305
96$41,555,013$0$0$24,207,792
97$45,637,812$0$0$26,590,412
98$50,132,148$0$0$29,213,332
99$55,079,844$0$0$32,100,978
100$60,526,983$0$0$35,280,262