Can I retire at age 44 with 725,000?

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 $725,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11%
1 years$59,870$59,337$58,816$58,308$57,813$57,569
2 years$29,639$29,087$28,552$28,033$27,530$27,284
3 years$19,563$19,008$18,475$17,961$17,466$17,225
4 years$14,526$13,973$13,445$12,940$12,457$12,223
5 years$11,504$10,955$10,434$9,939$9,470$9,244
6 years$9,491$8,946$8,432$7,948$7,493$7,275
7 years$8,053$7,513$7,007$6,535$6,094$5,884
8 years$6,975$6,440$5,943$5,482$5,055$4,854
9 years$6,138$5,607$5,118$4,669$4,257$4,064
10 years$5,468$4,942$4,462$4,025$3,627$3,443
11 years$4,920$4,400$3,929$3,503$3,120$2,943
12 years$4,464$3,949$3,486$3,073$2,704$2,535
13 years$4,078$3,569$3,115$2,713$2,358$2,196
14 years$3,748$3,244$2,799$2,408$2,067$1,913
15 years$3,462$2,963$2,527$2,147$1,820$1,673
16 years$3,212$2,719$2,291$1,923$1,608$1,469
17 years$2,992$2,504$2,085$1,728$1,426$1,294
18 years$2,796$2,314$1,903$1,557$1,268$1,142
19 years$2,621$2,144$1,742$1,407$1,130$1,011
20 years$2,464$1,993$1,599$1,274$1,009$897
21 years$2,322$1,856$1,471$1,156$903$797
22 years$2,193$1,733$1,355$1,051$810$709
23 years$2,076$1,620$1,252$958$727$632
24 years$1,968$1,518$1,157$873$653$563
25 years$1,869$1,425$1,072$798$588$503
26 years$1,778$1,339$994$729$530$450
27 years$1,694$1,260$923$668$477$402
28 years$1,616$1,188$858$612$431$360
29 years$1,543$1,120$799$561$389$323
30 years$1,476$1,058$744$515$351$289
31 years$1,413$1,000$694$473$318$259
32 years$1,354$946$647$434$287$233
33 years$1,298$896$604$400$260$209
34 years$1,246$849$565$368$236$188
35 years$1,198$806$528$338$213$169
36 years$1,151$765$494$312$193$151
37 years$1,108$726$462$287$175$136
38 years$1,067$690$433$265$159$122
39 years$1,028$656$405$244$144$110
40 years$991$624$380$225$131$99
41 years$956$594$356$208$119$89
42 years$923$566$334$192$108$80
43 years$891$539$314$177$98$72
44 years$861$514$294$163$89$65
45 years$833$490$276$151$80$58
46 years$805$468$260$139$73$53
47 years$779$446$244$129$66$47
48 years$754$426$229$119$60$43
49 years$731$407$215$110$55$38
50 years$708$389$203$102$50$34

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $725,000, adding $5,211 every year, while hoping to spend $52,020 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: 66/15/19 Blend
43$725,000$725,000$725,000$725,000
44$804,325$765,900$754,663$853,270
45$831,017$748,080$724,595$868,896
46$858,689$727,644$691,777$879,504
47$887,384$704,408$656,060$889,850
48$917,152$678,178$617,292$899,911
49$948,042$648,749$575,312$909,659
50$980,109$615,905$529,952$919,067
51$1,013,411$579,415$481,037$928,106
52$1,048,010$539,037$428,382$936,748
53$1,083,972$494,515$371,798$944,962
54$1,121,367$445,576$311,083$952,719
55$1,160,272$391,935$246,030$959,987
56$1,200,767$333,288$176,420$966,736
57$1,242,941$269,314$102,025$972,934
58$1,286,887$199,677$22,609$978,550
59$1,332,706$124,017$0$983,552
60$1,380,507$41,960$0$1,000,508
61$1,430,408$0$0$1,022,501
62$1,482,535$0$0$1,052,707
63$1,537,025$0$0$1,091,533
64$1,594,026$0$0$1,132,160
65$1,653,698$0$0$1,174,704
66$1,716,215$0$0$1,219,290
67$1,781,764$0$0$1,266,053
68$1,850,550$0$0$1,315,142
69$1,922,795$0$0$1,366,717
70$1,998,738$0$0$1,420,951
71$2,078,641$0$0$1,478,034
72$2,162,790$0$0$1,538,172
73$2,251,494$0$0$1,601,590
74$2,345,090$0$0$1,668,531
75$2,443,948$0$0$1,739,264
76$2,548,469$0$0$1,814,078
77$2,659,090$0$0$1,893,292
78$2,776,292$0$0$1,977,253
79$2,900,596$0$0$2,066,339
80$3,032,574$0$0$2,160,965
81$3,172,852$0$0$2,261,584
82$3,322,114$0$0$2,368,693
83$3,481,107$0$0$2,482,834
84$3,650,652$0$0$2,604,603
85$3,831,647$0$0$2,734,650
86$4,025,075$0$0$2,873,691
87$4,232,015$0$0$3,022,506
88$4,453,648$0$0$3,181,956
89$4,691,272$0$0$3,352,980
90$4,946,309$0$0$3,536,613
91$5,220,320$0$0$3,733,987
92$5,515,020$0$0$3,946,348
93$5,832,289$0$0$4,175,062
94$6,174,194$0$0$4,421,630
95$6,543,004$0$0$4,687,699
96$6,941,212$0$0$4,975,083
97$7,371,559$0$0$5,285,770
98$7,837,054$0$0$5,621,950
99$8,341,009$0$0$5,986,026
100$8,887,060$0$0$6,380,643