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%12.9%
1 years$59,870$59,337$58,816$58,308$57,813$57,114
2 years$29,639$29,087$28,552$28,033$27,530$26,827
3 years$19,563$19,008$18,475$17,961$17,466$16,780
4 years$14,526$13,973$13,445$12,940$12,457$11,794
5 years$11,504$10,955$10,434$9,939$9,470$8,831
6 years$9,491$8,946$8,432$7,948$7,493$6,880
7 years$8,053$7,513$7,007$6,535$6,094$5,506
8 years$6,975$6,440$5,943$5,482$5,055$4,493
9 years$6,138$5,607$5,118$4,669$4,257$3,721
10 years$5,468$4,942$4,462$4,025$3,627$3,116
11 years$4,920$4,400$3,929$3,503$3,120$2,633
12 years$4,464$3,949$3,486$3,073$2,704$2,240
13 years$4,078$3,569$3,115$2,713$2,358$1,918
14 years$3,748$3,244$2,799$2,408$2,067$1,650
15 years$3,462$2,963$2,527$2,147$1,820$1,425
16 years$3,212$2,719$2,291$1,923$1,608$1,235
17 years$2,992$2,504$2,085$1,728$1,426$1,073
18 years$2,796$2,314$1,903$1,557$1,268$935
19 years$2,621$2,144$1,742$1,407$1,130$816
20 years$2,464$1,993$1,599$1,274$1,009$714
21 years$2,322$1,856$1,471$1,156$903$625
22 years$2,193$1,733$1,355$1,051$810$549
23 years$2,076$1,620$1,252$958$727$482
24 years$1,968$1,518$1,157$873$653$424
25 years$1,869$1,425$1,072$798$588$373
26 years$1,778$1,339$994$729$530$328
27 years$1,694$1,260$923$668$477$289
28 years$1,616$1,188$858$612$431$255
29 years$1,543$1,120$799$561$389$225
30 years$1,476$1,058$744$515$351$199
31 years$1,413$1,000$694$473$318$175
32 years$1,354$946$647$434$287$155
33 years$1,298$896$604$400$260$137
34 years$1,246$849$565$368$236$121
35 years$1,198$806$528$338$213$107
36 years$1,151$765$494$312$193$95
37 years$1,108$726$462$287$175$84
38 years$1,067$690$433$265$159$74
39 years$1,028$656$405$244$144$65
40 years$991$624$380$225$131$58
41 years$956$594$356$208$119$51
42 years$923$566$334$192$108$45
43 years$891$539$314$177$98$40
44 years$861$514$294$163$89$36
45 years$833$490$276$151$80$31
46 years$805$468$260$139$73$28
47 years$779$446$244$129$66$25
48 years$754$426$229$119$60$22
49 years$731$407$215$110$55$19
50 years$708$389$203$102$50$17

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $725,000, adding $2,225 every year, while hoping to spend $39,310 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: 83/9/8 Blend
43$725,000$725,000$725,000$725,000
44$801,245$762,820$751,583$866,815
45$841,147$758,373$734,935$905,563
46$883,800$752,390$716,412$942,601
47$929,446$744,755$695,910$982,060
48$978,346$735,344$673,319$1,024,159
49$1,030,787$724,026$648,526$1,069,140
50$1,087,086$710,662$621,410$1,117,267
51$1,147,589$695,105$591,847$1,168,835
52$1,212,676$677,198$559,707$1,224,165
53$1,282,765$656,777$524,854$1,283,614
54$1,358,315$633,667$487,144$1,347,571
55$1,439,829$607,682$446,429$1,416,469
56$1,527,861$578,628$402,554$1,490,783
57$1,623,020$546,297$355,356$1,571,036
58$1,725,972$510,471$304,665$1,657,804
59$1,837,454$470,917$250,304$1,751,724
60$1,958,274$427,391$192,089$1,853,497
61$2,089,319$379,634$129,825$1,963,895
62$2,231,567$327,373$63,311$2,083,768
63$2,386,092$270,320$0$2,214,056
64$2,554,075$208,168$0$2,356,448
65$2,736,819$140,595$0$2,517,237
66$2,935,752$67,262$0$2,692,292
67$3,152,449$0$0$2,883,019
68$3,388,643$0$0$3,092,172
69$3,646,240$0$0$3,327,556
70$3,927,338$0$0$3,584,429
71$4,234,248$0$0$3,864,902
72$4,569,511$0$0$4,171,303
73$4,935,928$0$0$4,506,190
74$5,336,579$0$0$4,872,381
75$5,774,858$0$0$5,272,981
76$6,254,501$0$0$5,711,407
77$6,779,622$0$0$6,191,420
78$7,354,751$0$0$6,717,163
79$7,984,876$0$0$7,293,201
80$8,675,492$0$0$7,924,557
81$9,432,651$0$0$8,616,767
82$10,263,015$0$0$9,375,924
83$11,173,926$0$0$10,208,744
84$12,173,469$0$0$11,122,620
85$13,270,548$0$0$12,125,698
86$14,474,975$0$0$13,226,950
87$15,797,554$0$0$14,436,259
88$17,250,189$0$0$15,764,513
89$18,845,994$0$0$17,223,705
90$20,599,413$0$0$18,827,048
91$22,526,362$0$0$20,589,097
92$24,644,373$0$0$22,525,888
93$26,972,761$0$0$24,655,089
94$29,532,806$0$0$26,996,162
95$32,347,954$0$0$29,570,551
96$35,444,035$0$0$32,401,882
97$38,849,510$0$0$35,516,187
98$42,595,733$0$0$38,942,143
99$46,717,254$0$0$42,711,351
100$51,252,137$0$0$46,858,628