Can I retire at age 44 with 630,000?

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 $630,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.3%
1 years$52,025$51,561$51,109$50,668$50,237$48,943
2 years$25,755$25,275$24,810$24,360$23,922$22,627
3 years$16,999$16,518$16,054$15,607$15,177$13,922
4 years$12,622$12,142$11,683$11,244$10,825$9,618
5 years$9,997$9,520$9,067$8,637$8,229$7,075
6 years$8,247$7,773$7,327$6,907$6,511$5,411
7 years$6,998$6,528$6,089$5,678$5,295$4,248
8 years$6,061$5,596$5,164$4,764$4,393$3,399
9 years$5,333$4,872$4,448$4,057$3,699$2,758
10 years$4,751$4,295$3,878$3,498$3,152$2,262
11 years$4,275$3,823$3,414$3,044$2,711$1,871
12 years$3,879$3,432$3,030$2,670$2,349$1,557
13 years$3,544$3,101$2,707$2,357$2,049$1,303
14 years$3,257$2,819$2,432$2,092$1,796$1,096
15 years$3,008$2,575$2,196$1,866$1,581$924
16 years$2,791$2,363$1,991$1,671$1,397$782
17 years$2,600$2,176$1,812$1,501$1,239$663
18 years$2,430$2,011$1,654$1,353$1,102$564
19 years$2,278$1,863$1,514$1,222$982$480
20 years$2,141$1,732$1,389$1,107$877$409
21 years$2,018$1,613$1,278$1,005$785$349
22 years$1,906$1,506$1,178$914$704$299
23 years$1,804$1,408$1,088$832$632$255
24 years$1,710$1,319$1,006$759$568$219
25 years$1,624$1,238$932$693$511$187
26 years$1,545$1,164$864$634$460$160
27 years$1,472$1,095$802$580$415$138
28 years$1,404$1,032$746$531$374$118
29 years$1,341$973$694$487$338$101
30 years$1,282$919$646$447$305$87
31 years$1,228$869$603$411$276$75
32 years$1,176$822$562$378$250$64
33 years$1,128$779$525$347$226$55
34 years$1,083$738$491$319$205$47
35 years$1,041$700$459$294$185$41
36 years$1,001$664$429$271$168$35
37 years$963$631$402$250$152$30
38 years$927$600$376$230$138$26
39 years$893$570$352$212$125$22
40 years$861$543$330$196$114$19
41 years$831$517$310$180$103$16
42 years$802$492$290$167$93$14
43 years$775$469$273$154$85$12
44 years$749$447$256$142$77$10
45 years$724$426$240$131$70$9
46 years$700$406$226$121$63$8
47 years$677$388$212$112$58$7
48 years$656$370$199$103$52$6
49 years$635$354$187$96$48$5
50 years$615$338$176$88$43$4

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $630,000, adding $6,946 every year, while hoping to spend $20,458 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: 84/9/7 Blend
43$630,000$630,000$630,000$630,000
44$701,425$668,035$658,270$759,324
45$751,203$679,001$658,555$809,133
46$805,373$689,820$658,163$860,334
47$864,361$700,461$657,052$915,927
48$928,636$710,894$655,173$976,342
49$998,715$721,085$652,480$1,042,049
50$1,075,165$731,000$648,919$1,113,568
51$1,158,613$740,600$644,439$1,191,470
52$1,249,747$749,844$638,983$1,276,385
53$1,349,324$758,690$632,492$1,369,006
54$1,458,179$767,090$624,905$1,470,097
55$1,577,232$774,996$616,157$1,580,499
56$1,707,492$782,353$606,181$1,701,138
57$1,850,075$789,107$594,907$1,833,035
58$2,006,206$795,197$582,260$1,977,314
59$2,177,237$800,559$568,163$2,135,215
60$2,364,654$805,126$552,536$2,308,102
61$2,570,096$808,824$535,293$2,497,478
62$2,795,367$811,578$516,346$2,705,000
63$3,042,454$813,304$495,603$2,932,493
64$3,313,545$813,917$472,967$3,181,968
65$3,611,052$813,324$448,336$3,455,640
66$3,937,629$811,427$421,606$3,755,951
67$4,296,202$808,122$392,665$4,085,591
68$4,689,993$803,299$361,397$4,447,524
69$5,122,551$796,839$327,683$4,845,015
70$5,597,787$788,620$291,396$5,281,663
71$6,120,009$778,510$252,405$5,761,436
72$6,693,961$766,368$210,572$6,288,701
73$7,324,872$752,047$165,753$6,868,275
74$8,018,502$735,390$117,799$7,505,463
75$8,781,197$716,232$66,553$8,206,114
76$9,619,948$694,397$11,852$8,976,672
77$10,542,459$669,698$0$9,824,235
78$11,557,216$641,939$0$10,760,106
79$12,673,570$610,912$0$11,790,601
80$13,901,823$576,396$0$12,924,352
81$15,253,329$538,159$0$14,171,845
82$16,740,594$495,955$0$15,544,634
83$18,377,400$449,522$0$17,055,452
84$20,178,932$398,585$0$18,718,330
85$22,161,921$342,855$0$20,548,728
86$24,344,806$282,023$0$22,563,685
87$26,747,898$215,765$0$24,781,974
88$29,393,584$143,738$0$27,224,283
89$32,306,528$65,579$0$29,913,410
90$35,513,909$0$0$32,874,478
91$39,045,674$0$0$36,137,062
92$42,934,823$0$0$39,736,957
93$47,217,720$0$0$43,701,330
94$51,934,434$0$0$48,067,272
95$57,129,119$0$0$52,875,655
96$62,850,429$0$0$58,171,517
97$69,151,978$0$0$64,004,487
98$76,092,845$0$0$70,429,254
99$83,738,133$0$0$77,506,080
100$92,159,580$0$0$85,301,374