Can I retire at age 44 with 675,000?

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 $675,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.8%
1 years$55,741$55,244$54,760$54,287$53,825$52,546
2 years$27,594$27,081$26,582$26,100$25,631$24,349
3 years$18,214$17,697$17,201$16,722$16,261$15,017
4 years$13,524$13,009$12,518$12,047$11,598$10,401
5 years$10,711$10,200$9,714$9,254$8,816$7,671
6 years$8,836$8,329$7,851$7,400$6,976$5,883
7 years$7,498$6,994$6,524$6,084$5,673$4,632
8 years$6,494$5,996$5,533$5,104$4,707$3,717
9 years$5,714$5,220$4,765$4,347$3,964$3,025
10 years$5,091$4,601$4,155$3,747$3,377$2,489
11 years$4,581$4,096$3,658$3,261$2,905$2,065
12 years$4,156$3,677$3,246$2,861$2,517$1,724
13 years$3,797$3,323$2,900$2,526$2,195$1,448
14 years$3,489$3,020$2,606$2,242$1,924$1,221
15 years$3,223$2,759$2,353$1,999$1,694$1,034
16 years$2,991$2,531$2,133$1,790$1,497$878
17 years$2,785$2,331$1,941$1,608$1,328$747
18 years$2,603$2,154$1,772$1,450$1,180$638
19 years$2,440$1,996$1,622$1,310$1,052$545
20 years$2,294$1,855$1,489$1,186$940$466
21 years$2,162$1,728$1,369$1,077$841$400
22 years$2,042$1,613$1,262$979$754$343
23 years$1,932$1,509$1,165$892$677$294
24 years$1,832$1,414$1,078$813$608$253
25 years$1,740$1,327$998$743$547$218
26 years$1,655$1,247$926$679$493$187
27 years$1,577$1,173$860$621$444$161
28 years$1,504$1,106$799$569$401$139
29 years$1,437$1,043$744$522$362$120
30 years$1,374$985$693$479$327$103
31 years$1,315$931$646$440$296$89
32 years$1,260$881$602$404$268$77
33 years$1,209$834$563$372$242$66
34 years$1,160$791$526$342$219$57
35 years$1,115$750$491$315$199$49
36 years$1,072$712$460$290$180$42
37 years$1,032$676$430$267$163$37
38 years$993$643$403$246$148$32
39 years$957$611$378$227$134$27
40 years$923$581$354$210$122$24
41 years$890$553$332$193$110$20
42 years$859$527$311$178$100$18
43 years$830$502$292$165$91$15
44 years$802$479$274$152$82$13
45 years$775$456$257$140$75$11
46 years$750$435$242$130$68$10
47 years$726$416$227$120$62$8
48 years$702$397$213$111$56$7
49 years$680$379$201$102$51$6
50 years$659$362$189$95$46$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $675,000, adding $4,495 every year, while hoping to spend $33,296 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: 57/36/7 Blend
43$675,000$675,000$675,000$675,000
44$748,487$712,712$702,249$789,745
45$789,406$712,208$690,348$817,526
46$833,382$710,563$676,932$843,645
47$880,694$707,687$661,915$871,281
48$931,643$703,483$645,208$900,581
49$986,565$697,848$626,717$931,709
50$1,045,825$690,673$606,343$964,848
51$1,109,827$681,844$583,983$1,000,200
52$1,179,013$671,238$559,530$1,037,990
53$1,253,870$658,725$532,871$1,078,464
54$1,334,931$644,170$503,889$1,121,901
55$1,422,786$627,426$472,461$1,168,604
56$1,518,080$608,339$438,459$1,218,913
57$1,621,524$586,748$401,747$1,273,204
58$1,733,901$562,480$362,187$1,331,892
59$1,856,070$535,352$319,631$1,395,438
60$1,988,977$505,173$273,927$1,464,354
61$2,133,664$471,738$224,915$1,539,204
62$2,291,276$434,831$172,428$1,620,615
63$2,463,074$394,226$116,292$1,709,281
64$2,650,445$349,680$56,325$1,805,968
65$2,854,916$300,941$0$1,911,527
66$3,078,169$247,737$0$2,027,469
67$3,322,052$189,787$0$2,158,790
68$3,588,604$126,789$0$2,302,444
69$3,880,067$58,427$0$2,459,721
70$4,198,910$0$0$2,632,044
71$4,547,852$0$0$2,827,182
72$4,929,886$0$0$3,066,223
73$5,348,310$0$0$3,328,093
74$5,806,754$0$0$3,615,071
75$6,309,215$0$0$3,929,667
76$6,860,099$0$0$4,274,647
77$7,464,253$0$0$4,653,055
78$8,127,021$0$0$5,068,247
79$8,854,286$0$0$5,523,916
80$9,652,528$0$0$6,024,133
81$10,528,887$0$0$6,573,380
82$11,491,227$0$0$7,176,597
83$12,548,209$0$0$7,839,222
84$13,709,377$0$0$8,567,250
85$14,985,244$0$0$9,367,282
86$16,387,391$0$0$10,246,592
87$17,928,576$0$0$11,213,192
88$19,622,857$0$0$12,275,911
89$21,485,721$0$0$13,444,475
90$23,534,228$0$0$14,729,601
91$25,787,177$0$0$16,143,093
92$28,265,280$0$0$17,697,960
93$30,991,355$0$0$19,408,534
94$33,990,545$0$0$21,290,606
95$37,290,552$0$0$23,361,576
96$40,921,898$0$0$25,640,613
97$44,918,213$0$0$28,148,840
98$49,316,555$0$0$30,909,533
99$54,157,754$0$0$33,948,336
100$59,486,798$0$0$37,293,507