Can I retire at age 44 with 730,000?

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 $730,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%16.1%
1 years$60,283$59,746$59,222$58,711$58,211$56,758
2 years$29,843$29,287$28,748$28,226$27,720$26,265
3 years$19,698$19,139$18,602$18,085$17,586$16,175
4 years$14,626$14,070$13,538$13,029$12,543$11,186
5 years$11,584$11,031$10,506$10,008$9,535$8,237
6 years$9,556$9,007$8,490$8,003$7,545$6,306
7 years$8,109$7,564$7,055$6,580$6,136$4,957
8 years$7,024$6,484$5,984$5,520$5,090$3,971
9 years$6,180$5,646$5,154$4,702$4,287$3,226
10 years$5,505$4,976$4,493$4,053$3,652$2,649
11 years$4,954$4,430$3,956$3,527$3,141$2,193
12 years$4,495$3,976$3,510$3,094$2,722$1,828
13 years$4,106$3,593$3,136$2,731$2,374$1,532
14 years$3,774$3,266$2,818$2,425$2,081$1,290
15 years$3,486$2,984$2,544$2,162$1,832$1,090
16 years$3,234$2,738$2,307$1,936$1,619$923
17 years$3,012$2,521$2,099$1,740$1,436$784
18 years$2,815$2,330$1,916$1,568$1,277$668
19 years$2,639$2,159$1,754$1,417$1,138$569
20 years$2,481$2,006$1,610$1,283$1,016$486
21 years$2,338$1,869$1,481$1,164$910$416
22 years$2,208$1,745$1,365$1,059$815$356
23 years$2,090$1,632$1,260$964$732$305
24 years$1,982$1,529$1,165$879$658$261
25 years$1,882$1,435$1,079$803$592$224
26 years$1,790$1,348$1,001$734$533$192
27 years$1,706$1,269$930$672$481$165
28 years$1,627$1,196$864$616$434$142
29 years$1,554$1,128$804$565$392$122
30 years$1,486$1,065$749$518$354$105
31 years$1,422$1,007$698$476$320$90
32 years$1,363$953$652$437$289$78
33 years$1,307$902$608$402$262$67
34 years$1,255$855$568$370$237$57
35 years$1,206$811$531$341$215$49
36 years$1,159$770$497$314$195$43
37 years$1,116$731$465$289$176$37
38 years$1,074$695$436$266$160$32
39 years$1,035$661$408$246$145$27
40 years$998$629$383$227$132$23
41 years$963$598$359$209$119$20
42 years$929$570$337$193$108$17
43 years$898$543$316$178$98$15
44 years$867$518$296$164$89$13
45 years$839$494$278$152$81$11
46 years$811$471$261$140$74$10
47 years$785$449$246$130$67$8
48 years$760$429$231$120$61$7
49 years$736$410$217$111$55$6
50 years$713$391$204$102$50$5

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 44 starting with $730,000, adding $4,843 every year, while hoping to spend $27,225 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: 37/39/24 Blend
43$730,000$730,000$730,000$730,000
44$809,456$770,766$759,451$833,425
45$863,053$779,566$755,925$860,209
46$921,205$787,885$751,369$886,252
47$984,347$795,670$745,719$913,842
48$1,052,958$802,867$738,909$943,136
49$1,127,567$809,414$730,869$974,306
50$1,208,752$815,249$721,527$1,007,546
51$1,297,154$820,305$710,806$1,043,069
52$1,393,472$824,509$698,628$1,081,112
53$1,498,482$827,785$684,907$1,121,940
54$1,613,033$830,053$669,558$1,165,843
55$1,738,063$831,225$652,488$1,213,146
56$1,874,601$831,211$633,602$1,264,209
57$2,023,782$829,912$612,799$1,319,428
58$2,186,856$827,226$589,977$1,379,246
59$2,365,198$823,043$565,023$1,444,151
60$2,560,323$817,246$537,826$1,514,685
61$2,773,897$809,713$508,264$1,591,447
62$3,007,756$800,311$476,213$1,675,102
63$3,263,924$788,903$441,543$1,766,386
64$3,544,626$775,341$404,116$1,866,111
65$3,852,315$759,469$363,791$1,975,179
66$4,189,691$741,123$320,419$2,094,588
67$4,559,730$720,129$273,843$2,225,439
68$4,965,707$696,300$223,901$2,368,953
69$5,411,232$669,441$170,425$2,526,480
70$5,900,280$639,346$113,236$2,699,511
71$6,437,229$605,794$52,150$2,889,698
72$7,026,903$568,555$0$3,098,863
73$7,674,616$527,383$0$3,332,363
74$8,386,221$482,020$0$3,603,556
75$9,168,167$432,190$0$3,901,590
76$10,027,558$377,605$0$4,229,243
77$10,972,221$317,959$0$4,589,580
78$12,010,777$252,929$0$4,985,986
79$13,152,726$182,172$0$5,422,192
80$14,408,536$105,330$0$5,902,319
81$15,789,736$22,021$0$6,430,912
82$17,309,031$0$0$7,012,987
83$18,980,420$0$0$7,683,326
84$20,819,326$0$0$8,431,365
85$22,842,742$0$0$9,254,581
86$25,069,391$0$0$10,160,607
87$27,519,904$0$0$11,157,851
88$30,217,012$0$0$12,255,582
89$33,185,763$0$0$13,464,010
90$36,453,756$0$0$14,794,386
91$40,051,399$0$0$16,259,107
92$44,012,201$0$0$17,871,834
93$48,373,086$0$0$19,647,620
94$53,174,737$0$0$21,603,050
95$58,461,987$0$0$23,756,403
96$64,284,233$0$0$26,127,818
97$70,695,911$0$0$28,739,487
98$77,757,003$0$0$31,615,866
99$85,533,605$0$0$34,783,901
100$94,098,550$0$0$38,273,287